Chile 2017 Presidential Election

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Re: Chile 2017 Presidential Election

Post by admin » Tue Aug 22, 2017 10:29 am

woo, here is some real fiction from bloomberg regarding the election:

https://www.bloomberg.com/news/articles ... cktake-q-a
A rapid expansion of the past quarter-century ended four years ago, with growth sluggish ever since. Investment has declined in each of those years, the budget deficit has widened, and both Standard & Poor’s and Fitch have downgraded Chile’s credit rating. Yet, Chileans are also wealthier than ever before, unemployment remains low, wages keep rising and immigrants are flooding into the country as the jobs market expands. There are none of the sights commonly associated with economic problems -- boarded up stores and long lines at unemployment insurance offices.
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Re: Chile 2017 Presidential Election

Post by eeuunikkeiexpat » Tue Aug 22, 2017 11:07 am

The author, Philip Sanders at psanders@bloomberg.net, supposedly this guy has been/is in Santiago.

Should inspire lots of confidence with Bloomberg, especially on Ibero-American topics.
Generally, just a SPAM KILLER. You are on your own in this forum. My personal mission here is done.

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Re: Chile 2017 Presidential Election

Post by admin » Fri Aug 25, 2017 9:16 am

well, moody's almost downgraded Chile.
https://www.df.cl/noticias/economia-y-p ... 04533.html

Lucky for Bachelet, and everyone else, because there are pile of international investor funds that have to dump bonds if 3 of the ratings agencies downgrade a country. Often those criteria are hardwired in to the charter of the fund, for example in the case of pension funds that have to have top ratings to even hold the instrument.
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Re: Chile 2017 Presidential Election

Post by Space Cat » Sat Aug 26, 2017 11:45 am

A short overview of all candidates:
http://www.latercera.com/noticia/parte- ... la-moneda/

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Re: Chile 2017 Presidential Election

Post by admin » Sun Aug 27, 2017 6:32 am

Well the other shoe is dropping on the credit ratings of the Chilean banks:
https://www.df.cl/noticias/mercados/mer ... 63148.html

The big to do right now is Alejandro Guillier, probably the only other candidate with sufficient numbers to challenge pinera, was turned down for a loan by banco estado. They did not think he had a serious chance of winning, and thus is a bad credit risk.

Then the even bigger to do, Pinera applied for a loan to pay for his campaign, even though he does not need it, and was approved.
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Re: Chile 2017 Presidential Election

Post by admin » Sun Aug 27, 2017 6:42 am

The big debate however, that is set be the focus of this election, is probably going to be the AFP reforms that Bachelet sent to congress.

Can not find it now, but there was a seminar by various legal experts in Chile at one of the universities, and a few of the attorneys made some interesting points about this law that was sent to congress to reform the AFP system.

Essentially, even if it passes, it might not be constitutional. What Bachelet is proposing, the way they wrote the law, is not allowed under the constitution's protection of private property, because it either A) expropriates money from employees paychecks, to become a government general use; or, B) expropriates private money from employers to become public property. Both are illegal under the constitution, without formal expropriation procedures, and can not be done en mass.

Had they written so that this 5% was to put in to individual funds, like adding to the AFP or even some goverment administrated retirement account, it would probably fly. However, by taking any of that individual money, and say boosting the retirement check of all the people right now that are on the pension, they are expropriating private property for public use.

What I suspect is they knew when they sent this law to congress, it was going to fail; but, politically, better to let someone else kill it, and then they can say 'well, look we tried'. In fact, that seems to be a patern going on with all the 'projects' the administration is sending to congress now. They are political smoke and mirrors.
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Re: Chile 2017 Presidential Election

Post by admin » Mon Aug 28, 2017 9:34 pm

well, this was an interesting day of the bachelet administration sticking their foot in eachother's mouths.

Valdez admits that growth is not a priority for a lot of the ministers. They killed a 2.5 billion dollar mining project, because I guess they were in a hurry.
https://www.df.cl/noticias/empresas/act ... 04440.html

Then later, the attorney general essentially said that the trucks that were burned in los rios by the mapuche, was the fault of the company. Guess they did not have sufficient armed guards with automatic weapons. He was later asked on TV what he would say to anyone that was robbed, raped, and so on. Is it the victims fault that a crime was committed against them?

a guest on a radio talk show even went so far as to accuse the extreme left in the bachelet administration of actively protecting the mapuche terrorist, pointing out how lawyers from their "human rights" department actually showed up to defend a mapuche last year against charges of terrorism. I don't doubt there are lot of sympathizers in bachelets administration right now, but not sure I would take it that far. Pretty dam close however.

Pinera promptly made lots of political hay out of all of that.

With a cheap shot along the lines of, "if it looks like terrorism, acts like terrorism, it IS terrorism". The bachelet administration danced around it all day, until they had to finally say they would invoke the terrorism law.

Don't go sticking your commie head in the human rights sand, just because you are sympathetic to the overall cause the terrorist are supporting. Then also, she won't condem maduro either.
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Re: Chile 2017 Presidential Election

Post by frozen-north » Mon Aug 28, 2017 10:10 pm

admin wrote:
Pinera promptly made lots of political hay out of all of that.

With a cheap shot along the lines of, "if it looks like terrorism, acts like terrorism, it IS terrorism". The bachelet administration danced around it all day, until they had to finally say they would invoke the terrorism law.
'The bachelet administration danced around it all day, until they had to finally say they would invoke the terrorism law.' ...??

Chile Accused of Racist Use of Anti-terrorism Laws Against Mapuches
12 December 2011

Chile is to be prosecuted by the Inter-American Court of Human Rights for using its anti-terrorism law against the Mapuche indigenous people.

http://www.coha.org/chile-accused-of-ra ... -mapuches/

Mapuche: Inter-American Court Of Human Rights Condemns Chile’s Anti-Terrorism Law
August 1, 2014

The Inter-American Court of Human Rights (IACHR) has finally condemned the anti-terrorism law and obligated Chile to provide all necessary support to the victims who were accused and arrested.

http://unpo.org/article/17393

Inter-American Court of Human Rights orders Chile to annul sentences under Anti-Terrorist Law
August 31, 2014

In November 2010 the Court reached the conclusion that Chile was responsible for the violation of various articles of the American Convention on Human Rights, ..... The Court recommended “to eliminate the effects of the terrorism sentences of the [eight presumed victims of the present case],” to review the sentence, provide reparations to the victims and align the Anti-Terrorist law with the rights established in the Convention.

Since Chile did not comply with the recommendations, in August 2011 the IACHR sent the case to the jurisdiction of the Inter-American Court of Human Rights.

The court’s ruling, which is binding and unappealable, orders the Chilean state to annul the sentences against the eight victims of this case.

https://intercontinentalcry.org/inter-a ... law-25431/

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Re: Chile 2017 Presidential Election

Post by HybridAmbassador » Tue Aug 29, 2017 4:19 pm

Wrong topic post moving to
HybridAmbassador. Toyota Hybrid system for helping climate change.

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Re: Chile 2017 Presidential Election

Post by admin » Tue Aug 29, 2017 4:36 pm

Think we are on the wrong thread for this, but let me give you a quick translation.

The pentagon said to japan, "don't launch those missisles due to the fact they only have about 25% of a snowballs chance in hell of hitting the broad side of a stationary barn".

The russians know it. The chinese know it. The koreans know it. We just dont want the public to know it. The fat kid will laugh at all us if it misses.
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Re: Chile 2017 Presidential Election

Post by tiagoabner » Thu Aug 31, 2017 3:38 pm

Only thing worse than spam in German is spam in broken German.

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Re: Chile 2017 Presidential Election

Post by admin » Thu Aug 31, 2017 3:51 pm

There she blows (apart).

Bachelet's entire economic team resigns.

https://www.publimetro.cl/cl/noticias/2 ... risis.html

A) chicken shits that created this mess, dont get to bail at this late date and before the end of the administration, with their reputations.

B) after the mess they made, what the hell are those left in the goverment up to that would be so bad they thought they had to resign?
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