9 Comments
User's avatar
pete's avatar

"The budget should be balanced, the Treasury be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance of foreign lands should be curtailed lest the Republic become bankrupt.

People must again learn to work, instead of living on public assistance."

Marcus Tullius Cicero 55 BC

Fred's avatar

Governments are not only criminal, they are evil. They are the biggest threat to our freedoms and liberty. I am sure most people on this thread have read the best essay on governments is the short "booklet" by Frederic Bastiat, "The Law". Finally Bill wrote something I don't have to grind my way through.

Dan's avatar

I so want Milei to succeed because he has recognized the blood suckers are the governmental bureaucrats and not the citizens. However, he doesn’t need to develop or maintain his patience. The Argentines need to maintain their patience. Milei has to do three things: Overcome decades of bad government, Defeat the resistance by the bureaucrats still entrenched in government including the minority side of Argentine’s government, and Convince the populace that the main-stream media are lying when they mischaracterize the benefits existing and to become reality as Milei’s changes get embedded in the government. Hold the course, Mr. President. By the way, this note could just as easily be addressed to DJT.

Mark's avatar

I voted Trump with the intent he would in fact replicate what Milei is doing for Argentina and its people. I'm still waiting.....and running out of patience.

Brien's avatar

Moses in the desert is another apt analogy. The Israelites that witnessed all the miracles(starting with the parting of the Red Sea and continuing on a daily basis with manna(and quail!) falling from the sky and the supernatural destruction of internal and external enemies) would not be the ones that would enter the promised land. Why? Because in spite of what they witnessed and experienced, for 40 years all they did was complain and attempt to vote Moses out of office(indeed if elections had been held that is exactly what would have happened). The lesson? Aside from the power and providence of God, the situation was hopeless. That is precisely the situation that America faces today.

Mackinac's avatar

In many respects I feel for Bill, trying to write enlightenment for his readers. When I step way back and try to understand what is best for society I simply have great difficulty. I can see that Milei has a virtually impossible situation because he is trying to convince Argentinians to work for themselves. Can you imagine this difficulty for those on the dole, faced with them now having to provide for themselves without their prior jobs in a slowing / changing economy?

Certainly there is no definitive decision as to an approach. Certainly one must make guesses / choices and move forward. Certainly if one wasn't living well within one's means and didn't have a savings for a rainy day an approach seems nebulous at best. I was once faced with that decision back in the 70s. I chose "get an education". Professors helped me. I was able to live on virtually nothing beyond food and lodging. After 2-3 years of 16 hour days, 7 days a week, I landed a fortune 500 job and after 30 years of living within my means. I'm a relatively rich man with a savings, which is being reduced by politicians for their own gain and detriment of young men (war). What is a less disciplined / determined man to do? There are many easier, simpler political choices which are presented to everyone today.

Tom Langdon's avatar

Yes ringing the inflation and governmental criminals out of the economy of Argentina is a laudable act of governance for the people. It is goverment for the people, and by definition, against the powerful politcal class whom in historical times pulled all the levers of power. So congratulations to Bill are in order for today's missive, yet the highlight of today's literary endeavor is the "no mention" of Trump.

Richard Russell's avatar

Excellent and insightful comments on the current situation in Argentina.

There does seem to be a decent chance of substantial economic improvement. They hit bottom and have a generational opportunity to make great strides in their economy.

Best,

R. Russell

FVM's avatar

No good deeds will go unpunished (because every good deed throws shade on the people who live by bad deeds). Do good deeds anyway, confident that "he who delivered up his own son for our sake, will he not give us all things in the end?" (My paraphrase of Romans8:32) The thieves who steal your wealth by fiat currency mechanisms can be thwarted best by depositing their funny money in heaven while it still has some purchasing power. That doesn't necessarily mean giving to your church. Jesus didn't say to the rich young ruler, "Sell everything you have, hand the proceeds over to my treasurer Judas Iscariot (who will distribute it to the poor for you) and come follow me."