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Fairy tales by Argentinian politicians

February 26, 2008

Wouldn’t we live in a wonderful world if all that the politicians said is true?

I’d be especially happy living in a paradise called Argentina, where the president and government do not only make false promises, but directly cook the numbers of the national statistics agency INDEC to suit them.

Nope, it’s not true what others claim that annual inflation is running at 18% because the government says it’s way below that. Nor is it true that Argentina is about to be hit by one of the worst-ever energy crises in winter.

Never mind if the government of President Cristina Fernández de Kirchner, like her husband, former President Néstor Kichner (2003-07), plan to continue spending billions of dollars to subsidize industry energy prices.

The president said today that there’s no danger of an energy crisis in Argentina because the country has more generating capacity than the previous year.

“This year we are going to put online 2,569 megawatts of generating capacity,” she said, forgetting one very crucial detail in her speech: the energy to fuel those plants.

I will return to write about this matter when winter hits the Southern Cone in June-August. Let’s see how those 2,569 megawatts of power help Argentinians keep the lights from turning off.

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