Keith Hennessy on Jonathan Gruber’s honesty

November 12th, 2014

honesty about lying, that is. I posted on it at Da Tech Guy Blog, along with an offer to buy a guy lunch at Versailles:

Today’s podcast at 1PM Eastern

November 12th, 2014

Venezuela & US-Latin America stories, hosted by Silvio Canto, Jr, with guest Comandante Cazorla.

It’s raining parodies!

November 12th, 2014

Remember the walking in NYC for ten hours videos?

Via Twitchy, they’re happenin’!

Blogging on more serious matters shall resume shortly.

Argentina: Jorge Lanata will petition US Court re: Cristina’s US businesses

November 11th, 2014

The headline is less tactful,
Argentinean Journalist to file petition in U.S. Courts to obtain information about Cristina Kirchner’s money laundering operations

Last night, Argentinean renowned investigative journalist Jorge Lanata announced he is planning to submit an application for an order for discovery pursuant to 28 U.S.C. § 1782 in a Nevada District Court, aiming to obtain information related to President Cristina Kirchner’s companies in the United States.

Section 1782 of Title 28 of the United States Code is a federal statute that allows a party to a legal proceeding outside the United States to ask an American court to obtain evidence for use in the non-US proceeding. The full name of Section 1782 is “Assistance to foreign and international tribunals and to litigants before such tribunals”.

For the last two years, Jorge Lanata has been conducting an investigation known as the “Kirchner Money Route”, through which he demonstrated that Kirchner cronies were laundering millions of dollars coming from corrupt activities through a vast networks of shell companies and shady financial institutions in Argentina, Uruguay, Panamá, Switzerland, Seychelles Islands and the U.S., among others.

This investigation was then used by NML Capital Ltd., a hedge fund who holds a judgment against Argentina for more than $1.7 Billions (see NML Capital Ltd. vs. Republic of Argentina), as the main source of evidence to produce information about 123 companies in the State of Nevada that may point to the location of Cristina Kirchner’s assets in the United States and abroad. NML Capital Ltd. was able to depose a key witness to the “K-Money Route”. However, that deposition is being sealed by the request of the parties.

In Spanish, Lanata’s Sunday show.

More on NML bond holdouts:
A New Twist in the Argentine Debt Saga

But Dart’s legal complaint draws attention to something that had been overlooked as the talks progressed: The so-called Gang of Five—the five holdouts at the center of Singer’s legal case: Singer’s NML Capital, Aurelius Capital, Blue Angel Capital, Oliphant, and a small group of retail investors—hold only about a quarter of all the New York bonds held by holdouts. In addition to Dart, there are approximately $2.4 billion worth of bonds out there that are governed by New York law and in the hands of other holdout investors. The minute Argentina settles with Singer’s group and the bondholder payments are allowed to flow through, all the other holdouts will likely rush forward to Judge Thomas Griesa’s court, demanding the same legal rulings and the same terms, which could block the payments again. The default could be cured temporarily, but then Argentina would be right back where it started.

NML Capital Ltd. can’t force an Argentine lawyer to remain in the U.S. for questioning, a Washington judge ruled

NML sought an emergency court order last week barring attorney Cesar Guido Forcieri, a former World Bank director, from returning. There’s no reason NML can’t question Forcieri when he gets to Argentina, U.S. District Judge Royce Lamberth said in a one-page order issued Nov. 6 and made public today.
. . .
Forcieri is a close associate of Argentine Vice President Amado Boudou, NML said in court papers. Boudou was indicted in June by an Argentine federal court on corruption charges related to his alleged involvement in acquiring a bankrupt printing company, Ciccone Calcografica SA, that later won contracts to print the nation’s currency.

Boudou was initially indicted with five others. In September, an Argentine judge indicted Forcieri for his alleged role in helping to steer business to Ciccone. If Argentine courts find Boudou guilty, the country may confiscate any profit, funds or property employed in the takeover scheme, according to NML’s lawyers.

Until last month, Forcieri served in Washington as a World Bank director for Argentina, Bolivia, Chile, Paraguay, Peru and Uruguay. He worked with Argentina’s Ministry of Economy and Public Finances as a G-20 finance deputy from 2010 until March, according to a profile on LinkedIn.

NML served Forcieri with a subpoena on Sept. 10 seeking documents regarding his involvement in the alleged Ciccone scheme. The Argentine lawyer failed to appear for a deposition on Oct. 20, NML said.

This ain’t over yet, not by a long shot, no matter what the SCOTUS ruled.

Mexico: And now, for #Articulo39RenunciaEPN

November 11th, 2014

The latest hashtag, #Articulo39RenunciaEPN (say that fast three times!) refers to a corruption scandal, and twitterers are asking that president Enrique Peña Nieto resign,
Mexico Leader’s Woes Follow Him to China
Revelations that a mansion used by President Enrique Peña Nieto’s family was held by a Mexican company whose owner has won big government contracts reverberated from Mexico to China on Monday.
(emphasis added)

The president’s office defended the home by saying it wasn’t the president’s property, but rather the first lady’s, who was paying the home in installments. It declined to give more information.
. . .
As the president flew to China for trade talks he faced controversy there as well.

A Chinese partner of the Mexican company, Grupo Higa SA, threatened to pursue legal action against Mexico’s government after it abruptly canceled their consortium’s $3.7 billion contract to build a bullet train in Mexico last week.

“The company is extraordinarily shocked by Mexico’s decision,” state-run China Railway Construction Corp. said in a statement late Sunday. “The bidding for the high-speed rail project complied with the requirements of the Mexican government.”

The Mexican government canceled the concession for the high-speed train project Thursday, days before news broke that one of the partners on the project held the title to the first lady’s home.

The house title

The house title is in the name of a company called Ingenieria Inmobiliaria del Centro, according to property records reviewed by The Wall Street Journal. That firm is owned by Juan Armando Hinojosa Cantú, the owner of Grupo Higa SA and its unit Constructores Teya, which won part of the bullet-train contract as well as several big contracts during Mr. Peña Nieto’s 2006-2012 term as governor of the State of Mexico, according to public information.

Eduardo Sánchez, a spokesman for the president, told The Wall Street Journal that the home in question, which has six bedrooms and is in one of Mexico City’s most exclusive neighborhoods, belongs to the first lady, Angélica Rivera, a former soap-opera star.

Which gives new meaning to the term “drama queen.”

Pardon my cynicism, but I’m having a Capt. Louis Renault moment,

There’s a candle vigil/demonstration scheduled for tonight at 7PM,



The #Ayotzinapa students Carnival of Latin America and the Caribbean

November 10th, 2014

The week’s top headline is that authorities may have found the remains of the 43 student teachers missing since September. The state of decay of the remains makes it necessary that they will be sent to the University of Innsbruck in Austria, which officials said had the most advanced forensics laboratory, for further attempts at identification.

Violent protests and the social media hashtag #YaMeCansé are symptomatic of how Mexicans are fed up with their government’s inability to stop the drug cartels.

ARGENTINA
Factory Explosion Leaves 66 Injured in Argentine City of Cordoba

Argentine Journalist on Trial for Not Revealing Sources

Argentine president Cristina Kirchner admitted to hospital with fever
Cristina Kirchner admitted to hospital for tests after feeling unwell

BELIZE
S&P Switches to Positive on Belize Outlook

BOLIVIA
Concern in Bolivia Over Increase in Sexual Violence Vs. Girls

BRAZIL
Despite Rousseff, extreme poverty grows for the first time in a decade
The number of Brazilians living in extreme poverty grew for the first time in a decade, according to government figures. The Institute of Economic Research reported that the number of people in households with incomes below the poverty threshold of 30 dollars rose from 10.1 to 10.5 million people, which means a 3.7% increase.

Brazil’s economy
After the election, the reckoning

CHILE
Former President Calls for Drug Decriminalization in Chile

COLOMBIA
Colombian Rebels’ Attacks Set Back Nation
Rebel assaults on Colombia pipelines have crimped one of Latin America’s most dynamic economies and raised questions about the outlook for Colombia as a reliable provider of crude to the U.S.

Memorial plaque removed in Colombia
A controversial plaque unveiled last week by Prince Charles in the Colombian port city of Cartagena is removed after local opposition.

COSTA RICA
Costa Rica struggles to manage $1.7 billion in development loans

CUBA
Hiding the Real Cuba

For the 4th time, Castro regime postpones trial of political prisoner Sonia Garro; dozens of activists arrested

DOMINICAN REPUBLIC
The Dominican Republic pulls out of Inter-American Court of Human Rights

ECUADOR
How China’s Appetite Feeds An Ecuadorian Shrimp Boom
With shrimp consumption booming in China and production falling in traditional exporters like Vietnam, Ecuador is stepping in. It’s the latest food chapter in a globalized world.

IMMIGRATION
Amnesty and Impeachment
Absent the credible threat of impeachment, Obama will pardon millions of illegal aliens.

JAMAICA
Reggae, coffee and sunny beaches: Discover Jamaica
OUR WRITER falls in love with the music, culture and people of Jamaica

MEXICO
Mexico gang ‘admits student deaths’
Mexican gang members have confessed to killing more than 40 students who went missing six weeks ago, officials say – but families are sceptical.

PANAMA
After the Panama Canal Zone

PERU
Putin Welcomes Peruvian President

PUERTO RICO
Murder Rate Down; 2014 May Bring US Commonwealth Its Lowest Number of Homocides in 15 Years

VENEZUELA
Venezuela reaps benefits of Cuban “medical internationalism”

Dengue fever soars by 2,475% in Venezuela’s capital city

Reuters: Bid for Venezuela’s subsidiary Citgo continues
Any deal for Citgo, which could be worth USD 10 billion, could help to reshape the US refining landscape

Idiocy And Airlines In Venezuela

Venezuela shows the biggest global drop in the 2014 Prosperity Index

The week’s posts and podcasts:
Mexico: Remains of #Ayotzinapa students found

He can have my Volvo for US$500,000

Brazil: A petition to the White House

Mexico: 22,000 missing, 43 of them are the #Ayotzinapa students

About last night

Venezuela: $15 smugglers jailed, $3.08 billion a year smugglers go free

Mexico: Iguala mayor arrested

At Da Tech Guy Blog:
Why Obama should not be impeached when he grants executive amnesty

Comparing voting in NJ to voting in FL

Podcasts:
Election night extravaganza

US-Latin America issues with Fausta Rodriguez Wertz & Michael Prada

Cuba: $8 billion/yr off human traffic in doctors

November 10th, 2014

Mary O’Grady writes,
Cuba’s Slave Trade in Doctors
Havana earns almost $8 billion a year off the backs of the health workers it sends to poor countries

Cuba is winning accolades for its international “doctor diplomacy,” in which it sends temporary medical professionals abroad—ostensibly to help poor countries battle disease and improve health care. But the doctors are not a gift from Cuba. Havana is paid for its medical missions by either the host country, in the case of Venezuela, or by donor countries that send funds to the World Health Organization. The money is supposed to go to Cuban workers’ salaries. But neither the WHO nor any host country pays Cuban workers directly. Instead the funds are credited to the account of the dictatorship, which by all accounts keeps the lion’s share of the payment and gives the worker a stipend to live on with a promise of a bit more upon return to Cuba.

It’s the perfect crime: By shipping its subjects abroad to help poor people, the regime earns the image of a selfless contributor to the global community even while it exploits workers and gets rich off their backs. According to DW, Germany’s international broadcaster, Havana earns some $7.6 billion annually from its export of health-care workers.

A Brazilian prosecutor is asking that Cuban doctors be paid a full salary directly. She has also declared the present arrangement illegal.

Brazil’s Conselho Federal de Medicina (Federal Council of Medicine) called the plan “irresponsible,” given questions over the quality of Cuban doctors’ training and the low standards of Cuban medical schools.

Because of the low standards, the lack of travel to and participation in medical conferences, and the total lack of research, I think the more accurate term is medic, not doctor, when referring to the Communist regime’s most profitable export.

Mexico: Remains of #Ayotzinapa students found

November 8th, 2014


Demonstrators last month

Mexican Official: Remains Believed to Be Students Found
Investigators have found the incinerated remains they believe belong to the missing 43 students who were allegedly abducted by police and handed over to a local drug gang to be executed, Mexico’s attorney general said.

The remains will be sent to the University of Innsbruck in Austria, which officials said had the most advanced forensics laboratory, for further attempts at identification. Because of the extent of the incineration, Mr. Murillo Karam said he set no deadline.

Mexico missing student: Gang members ‘confess’ to killing 43 in Iguala and burning their bodies

Why Obama should not be impeached when he grants executive amnesty

November 7th, 2014

WebAmnesty by executive order is right around the corner.

Don’t fall for the trap: Why Obama should not be impeached when he grants executive amnesty.

UPDATE:
Linked to by Pirate’s Cove. Thank you!

He can have my Volvo for US$500,000

November 7th, 2014

Soon-to-be-former Uruguayan president Pepe Mujica claims that an unnamed Arab sheik (who must have been smoking the Uruguayan government’s most famous crop) has offered to buy Mujica’s VW Beetle for US$1million:
Uruguayan president Jose Mujica receives $1m offer for his blue Beetle
The leader says that an Arab sheikh wanted to buy the car which has become a symbol of his humble style

he joked that he did not sell it because of his dog Manuela, famous for only having three legs.

Yeah, right.


The Love Bug