Obama = Kirchner, pt. 37

Vean esto en Powerline :

Now we have an improvident federal government that has spent itself into a state of near-bankruptcy. It can survive only by selling Treasury bills to Americans and foreigners, but as the government's debts accumulate, international demand for T-bills slackens. So the Democrats are looking for money. They can't help noticing that Americans have saved many billions of dollars--private property, theoretically, but under contemporary constitutional jurisprudence, subject to pretty much any whim that may come out of Washington.

Argentina showed the way in 2008, as we noted here, by nationalizing private retirement funds on the ground that "the private system never achieved what was needed."

Now, the Democrats may be poised to imitate Argentina's theft. [...]

[...] Will it happen? Clearly the Obama administration, inspired by Argentina, is exploring the option. Today, we have the first administration in American history that aspires to be a banana republic. But can they get away with confiscating millions of Americans' savings? I doubt it.[...]

Argentina, un país condenado a servir de ejemplo para otros.