portland independent media center  
images audio video
newswire article

corporate dominance | economic justice

Translation: Argentine Rebellion

From IMC Argentina: A translation of the situation and events in Argentina. The unequal redistribution of money in favour of the banks. People protest in different provinces including the capitol city, Buenos Aires, in where the police is taking an active and authoritarian action. [with added text by Voline]
Translation of Argentina Rebellion

by jonhybravo
8:31am Thu Dec 20 '01 (Modified on 8:38am Thu Dec 20 '01)

After the measures taken by the government in support of the banking system, many problems have arisen as most of the common people's money is now under the control of the banks. [The government has forbidden anyone to withdraw more than 200 pesos per week from their accounts to prevent a run on the banks and collapse of the banking system. - v]

Not only has cash disappeared, lending by banks has also ceased. So the economy has weakened, affecting most people with the exception of the upper class who have their money abroad and safe from the decline in the value of the national currency, the peso. Many wealthy people and institutions have taken advantage of the situation by speculating on the decline of the peso in the international currency markets. [thus making the problem worse. - v]

In this way, the chaos has worsened to the point that poor people and unemployed people have begun to break into supermarkets taking all the possible food away because they suffer from hunger and unemployment.

It is important to say that some groups of people incited to do this by politicians who are opponents of the current president and party, in order to benefit from the desperation of the poor people.

Some small family owned shops and markets were also affected by the social explosion. The businesses of small independent shopkeepers have also been looted by crowds of people, most from the poor classes.

The police have reacted with violence, injuring many people and killing at least a dozen. In some cases, the police allow the people to enter the supermarkets without interference in response to the orders of some Provincial Governors who want to take advantage of the social rebellion and who blame President Frenando De la Rua and the economy minister Cavallo for the upheaval.

Although this seems to be right, is not totally true as the government is just a false front for and agent for powerful economic interests both inside and outside of Argentina.

Yesterday, the situation turned to be even more unbearable as the President declared "state of emergency" [perhaps "state of siege" - v], meaning the temporary abolition of constitutional rights and guarantees. He did so without the consent of the legislature that the Argentine Constitution requires.

As a result, the people from most neighborhoods of the capital city and the provinces have begun to congregate in parks, main avenues, and public spaces. They are shouting, shaking and toppling statues and public trash bins, in protest against the military and the repressive measures taken by the government. Never in my life had I felt and lived such massive social rebellion in Argentina.

Congress Park was crammed with people and Argentine flags singing songs of protest in front of the "Pink House" (the Argentine equivalent of "the White House").

The disagreement with the current government and its economic measures was evident, massive and spontaneous. No media can hide or ignore this demonstration.

The government's economic policies have been forced upon Argentina by the U.S government [through the World Bank and International Monetary Fund (IMF), which it largely controls - v]. It is obvious that these policies have become intolerable to the Argentine people.

I have to go, more information, questions and thoughts will be translated soon. I apologize for the ones who couldn?t understand my translation.

homepage: homepage: http://www.argentina.indymedia.org