"Argentina grabs private pension funds" - Obama next?

[WhiskeyGirl]

In a move sure to be observed by other cash-pressed governments, Argentina has seized control of privately-managed pension funds. Ambrose Evans-Pritchard writes in the UK Telegraph:

    Here is a warning to us all. The Argentine state is taking control of the country's privately-managed pension funds in a drastic move to raise cash. [...]

    Here is a link from La Nacion and another from El Pais for Spanish speakers....

    ... over $29bn of Argentine civic savings are to be used as a funding kitty for the populist antics of President Cristina Kirchner. This has been dressed up as an anti-corruption and efficiency move. Aren't they always?


http://www.americanthinker.com/blog/2010/04/argentina_grabs_private_pensio.html
Americans are already being softened up for a Value Added Tax, being told it is "inevitable." The fact is that America's federal government has expanded its take from the rest of the economy, and will soon be grabbing more of its citizens' wealth. Is a grab of pension funds inconceivable here? Or is that part of the change that Obama promised?

[Edward]

Argentina is a Socialist government  .. So are many nations of South America..

The primary population of people have been poor for so long they are dependant on socialists governments for everything they can not afford..






Cristina Fernández de Kirchner
since December 10, 2007

She is the wife of the ex president... When she was first elected to office she grabbed the nations social security money. 
Her husband is best butt buddy to Hugo Chavez and they are working together to screw the nation.
The people of Argentina are for the most part highly educated and considered the elite of South America.
Although they have been through hell with past military dictators..and so these socialists look good to them..

Is Obama one of them ?
Yep.. mo.

http://en.wikipedia.org/wiki/President_of_Argentina

http://www.independent.ie/world-news/americas/argentinas-new-evita-prepares-to-take-control-1207090.html

http://en.wikipedia.org/wiki/List_of_heads_of_state_of_Argentina