Argentina's 'chainsaw' president tells the UN to shove its 'socialist' 'Pact for the Future'



Javier Milei, Argentina's self-proclaimed "anarcho-capitalist" president, took office in December 2023. In the months since, he has taken a "chainsaw" to his predecessors' failed leftist policies as well as to some critics' doubts.

This week, he shredded globalist hopes that the Argentine Republic would be party to the United Nations' "Pact for the Future," telling the General Assembly, "Argentina will not back any policy that implies the restriction of individual freedoms or trade, nor the violation of the natural rights of individuals."

Milei — whose debut address to the U.N. took place within hours of reports indicating that Argentina's economic activity beat estimates, growing 1.7% in July — invited other nations to join him not only in "opposing this pact, but in the creation of a new agenda for this noble institution: the freedom agenda."

After noting that the U.N. served a noble purpose in the wake of World War II, Milei stated it has since "stopped upholding the principles outlined in its founding declaration and begun to mutate" — from an organization that once defended human rights to "one of the main drivers of the systematic violation of freedom."

Milei dragged the U.N. for its support of "global quarantines during the year 2020," which he suggested qualify as crimes against humanity, as well as its appeasement of "bloody dictatorships," such as Venezuela, and criticism of Israel.

According to the Argentine president, the U.N. was created "as a shield to protect the realm of men" but has "transformed into a multi-tentacled leviathan that seeks to decide not only what each nation-state should do but also how all the citizens of the world should live."

'It is basically an attempt to build a totalitarian system of conformity across the business sector.'

Milei suggested that instead of seeking peace, the U.N. now seeks to impose an ideology on its members.

Distinguishing himself from a great many onlookers as a "libertarian liberal economist" rather than a politician, Milei warned of the threat posed by "collectivist policies" baked into the U.N.'s doomed 2030 Agenda for Sustainable Development.

The U.N.'s 2030 agenda includes 17 interlinked global goals designed to "transform the world."

Paul Tice, an adjunct professor of finance at the Leonard N. Stern School of Business at New York University, indicated in his recent book, "The Race to Zero: How ESG Investing Will Crater the Global Financial System," that:

Climate action (SDG #13) provides the intersectional glue for the entire progressive agenda embedded in the UN's sustainability program, with each individual cause drawing strength and further validation from the moral imperative of saving the planet from fossil fuels because, in the UN's telling, climate change also affects global health, poverty, hunger, and national security, and 'its adverse impacts undermine the ability of all countries to achieve sustainable development.

Tice emphasized that sustainability is part of a broader anti-capitalist campaign that "borrows elements from both the totalitarian and reformist approaches of the past."

"It is basically an attempt to build a totalitarian system of conformity across the business sector based on moral suasion, thereby avoiding the administrative cost and public sector responsibility associated with outright state ownership or direct government intervention," wrote Tice.

'[The sustainability agenda] is nothing more than a super-national socialist government program.'

The professor noted further that "it embraces both state and progressive priorities but is mainly the fabrication of a permanent supranational bureaucracy of technocrats residing at multilateral agencies led by the UN and international NGOS such as the WEF, which effectively insulates it from accountability at the ballot box."

Sharing similar concerns about the U.N. agenda and its broader sustainability push, Milei suggested that the U.N. is now effectively a model of "super-national governance by international bureaucrats who intend to impose a certain way of life on the citizens of the world."

According to Milei, the "Pact for the Future," which 143 countries approved Sunday, is par for the course.

The pact overlaps with the 2030 sustainability agenda, laying out objectives for a multilateral approach to addressing changing weather patterns, so-called reproductive rights, and digital cooperation.

"Although well-intentioned in its goals, [the pact] is nothing more than a super-national socialist government program that aims to solve the problems of modernity with solutions that undermine the sovereignty of nation-states and violate the right to life, liberty, and property of individuals," said the Argentine president. "It is an agenda that aims to solve poverty, inequality, and discrimination with legislation that only deepens these issues."

Milei suggested that the pact is another poorly conceived utopian program that will not withstand or tolerate humans' incompatible nature and choices.

"We want to officially express our dissent regarding the 'Pact of the Future' signed on Sunday," said Milei, concluding with a version of a quote from Thomas Paine: "Those who wish to reap the blessings of freedom must, as men, endure the fatigue of defending it."

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'Not a good look for the US': Soccer fans riot in Miami, delay start of Copa America final between Argentina and Colombia



The final for the Copa America soccer tournament was delayed for more than 75 minutes after fans rioted and breached the gates of the Hard Rock Stadium in Miami, Florida.

The final between Argentina and Colombia was the championship match of the Copa America, an international tournament that features teams from South America and North America.

With an intended start time of 8 p.m., the game didn't get underway until about 9:22 p.m; fans caused disturbances by jumping gates, pushing through fences, and even attempting to enter the stadium through ventilation systems.

Police eventually completely closed off the stadium gates, causing ticketed fans to wait outside as police and security attempted to contain the chaos and arrest those busting their way into the stadium. According to the Mirror, a number of fans grappled with police despite some having small children with them, as well.

'This [is] also not a good look because this is happening on our watch.'

Miami-Dade County police released a statement at the time about "several incidents" outside the stadium gates:

"These incidents have been a result of the unruly behavior of fans trying to access the stadium," the police said, according to Fox Sports. "We are asking everyone to be patient, and abide by the rules set by our officers and Hard Rock Stadium personnel. We are actively working with Hard Rock Stadium to ensure a safe environment for all those attending. Unruly behavior will get you ejected and/or arrested."

At that point, the game was given a new start time:

"We inform that people who do not have tickets will not be able to enter the stadium. Only those who have purchased tickets will be able to enter once access is enabled again," said CONMEBOL, the governing body of South American soccer.

"We inform that the match will be delayed 30 minutes, starting at 8:30 p.m. local time."

Mostly Colombian fans were seen in videos online rushing stadium entrances and evading police.

Due to delays in the 88-degree weather, several individuals received medical treatment while waiting outside the stadium.

As the start time approached, Fox Sports reporter relayed that the situation had "not been de-escalated," which led to another delay until 8:45.

Argentina players reported feeling "helpless" as some of their family members were unable to get into the stadium just minutes before the new start time. Argentina midfielder Enzo Fernandez was one of those players, concerned about his young kids not getting inside safely.

Your browser does not support the video tag. Footage by Carmen Mandato/Getty Images

After yet another delay, pushing the start time back to 9:15, soccer analyst Alexi Lalas commented that the security issues were a sight for sore eyes given that the 2026 World Cup is set to take place in the United States, along with Mexico and Canada.

"This [is] also not a good look because this is happening on our watch, in our country ... this is not a good look for the U.S. less than two years out of the World Cup," he said.

After an eventual 9:22 p.m. start, Argentina won the game 1-0 with a goal in extra time, in the 112th minute by Lautaro Martínez.

During the game, fans were seen getting ejected from seats that appeared not to be theirs, which highlighted another gripe fans had with the final. According to Forbes, tickets started as low as $2,000 and went as high as $66,765. The average cost was just over $4,000. For the rest of the tournament, tickets were about $200.

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Jon Stewart officially a ‘wokester’— left out KEY details on crime in Democrat-run cities



Jon Stewart was once what people might call a “liberal.” Now, he’s just like all the others who abandoned their integrity to go off the “woke” deep end.

“He’s no longer a liberal, he is just sort of a ‘wokester,’” Dave Rubin says, before showing a clip of Stewart attempting to debunk the GOP’s city crime narrative.

“It’s the dang Democrat-encouraged crime. It’s one of the right’s favorite talking points, not just from Milwaukee but for all Democratic run cities,” Stewart mocked. “Those cities are crime-infested holes where life is miserable and everyone hates everybody.”

“By the way, it does turn out that crime is actually down,” he continued, before referencing a clip of Lester Holt claiming that the FBI reported the nation’s violent crime rate has dropped dramatically this year.

“It’s all a misunderstanding; but now that the FBI numbers are out, I’m sure that the right-wing media will adjust accordingly,” Stewart mocked again, sharing a clip of a Fox News host saying that cities still have a poor quality of life while a video of a car doing donuts plays in the background.

“He’s making the reverse point of the point he’s trying to make. He’s showing, ‘Oh these guys are doing double donuts.’ Yes, it’s illegal and people can be killed,” Rubin comments.

But that’s not all.

The reason Stewart is able to regurgitate those FBI numbers is because a large portion of crime is never reported to the FBI in the first place.

According to a report by the NRA Institute for Legislative Action, 37% of police departments stopped reporting crime data to the FBI, including large departments for Chicago, Los Angeles, and New York.

For other jurisdictions like Baltimore and Nashville, crimes are being underreported or undercounted.

“So, again, we can all argue about the percentages and everything else, but we simply know that in Republican-run cities you cannot run into a CVS and steal all of the stuff,” Rubin says.


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Jon Stewart of ‘The Daily Show’ Left Out These Key Details So He Could Lie to Your Face

Jon Stewart of ‘The Daily Show’ Left Out These Key Details So He Could Lie to Your Face

Milei is defying expectations and pulling the Argentinian economy out of a leftist-engineered death spiral



Since taking office in December, Javier Milei, Argentina's self-proclaimed "anarcho-capitalist" president, has taken a "chainsaw" to his predecessors' failed leftist policies and increasingly to critics' doubts.

Recent economic signals out of the South American nation indicate Milei's free market reforms could ultimately usher Argentina from ruin to renaissance.

Background

Argentina was one of the world's richest nations in the early 20th century. However, it was reduced to a shambles after six major military coups and several decades of unchecked spending. A 2016 paper in the Journal of Development Studies indicated that Argentina, which has defaulted on its sovereign debt nine times, was the only country in the world considered to be "developed" in the year 1900 but "developing" in 2000.

When the country's former leftist President Alberto Fernandez left office late last year, Argentina owed $44 billion to the International Monetary Fund; had a trade deficit of $43 billion; had international creditors knocking at the door; had nearly half of its population stuck in abject poverty; and was poised to see inflation exceed 211%.

Milei had no plans of seeing his socialist predecessors' destructionist campaign through to its inevitable conclusion. After all, he had campaigned instead on executing his so-called Chainsaw Plan.

"The thievery of politics is over. Long live freedom, damn it!" said Milei.

Blaze News previously reported that this plan entailed selling off state-owned companies, slashing public spending, reducing and simplifying taxes, and eliminating various government agencies. He also suggested the country would adopt the U.S. dollar and shutter Argentina's central bank.

In a video that went viral before the election, he excitedly ripped the names of various government ministries off a white board, stating, "The thievery of politics is over. Long live freedom, damn it!"

Voters ultimately decided to give Milei more than a white board to work with.

Milei goes to work

As promised, the 53-year-old former right-wing economist who regards climate change to be a "socialist plot" kicked things off in December with an executive order cutting the number of government ministries from 18 to nine and relieving over 5,000 bureaucrats of their duties.

Milei's government subsequently allowed for its peso currency to devalue by 54%, and then his economic minister, Luis Caputo, indicated the country would be cutting spending by at least 3% of GDP.

While making strides toward dollarizing the currency, Milei's government also purchased over $5 billion in dollars to build up its reserves and issued "Bopreal" bonds to tackle import debts.

Late last month, Argentina's lower house signed off on key chapters of Javier's omnibus bill, including the privatization of some public companies as well as the granting of expanded executive powers on administrative, financial and economic matters the president, reported Bloomberg.

If the country's Senate approves of the plans this month, Milei will be able to fire more state workers, cut costly subsidies, and eliminate various government bodies.

Despite facing caltrops in the nation's Congress where his allies do not enjoy a majority as well as challenges from both provincial governments and unions, Milei has continued to implement his chainsaw strategy whilst signaling increasing alignment with the United States — to the great disappointment of the China-led BRICS intergovernmental organization.

Beginning to see results

Milei announced last week that the country had recorded its first quarterly budget surplus since 2008, reported the Telegraph.

Although 0.2% of GDP is a relatively small surplus, it was a herculean feat for Argentina, granted it has reportedly run up a deficit in 113 of the last 123 years.

This week, the country's central bank — which has yet to be shuttered — cut interest rates for the third time in three weeks, down to 50%.

"The Argentine leader is providing a blueprint for how to break free," wrote financial columnist Matthew Lynn.

Although inflation rates reached a cumulative figure of 287% in March, USA Today reported Milei's shock measures have resulted in lower inflation rates every month for the past three months.

Ian Bremmer, the founder of the Eurasia Group, reportedly indicated Wednesday that contrary to the collapse expected by so-called experts, "Monthly inflation has come down every month for the past three months, from 25% in December to nearly 10% in March, with forecasters expecting the April figure to come in at single digits."

Bremmer explained that the "[Milei] government did this by turning the 5.5% budget deficit it inherited into the country's first surplus in over a decade, while boosting the central bank's reserves, lowering its benchmark interest rates, and reducing the money supply — all without destabilizing currency and financial markets."

The Telegraph indicated that if Milei is able to execute on his plan to get the country's shale oil and gas out of the ground using tried and proven technologies, the economy may make further leaps and bounds.

Matthew Lynn, a financial columnist who writes for Money Week and the Telegraph, noted, "the Argentine leader is providing a blueprint for how to break free. The global economic elite keeps lecturing us on why we need more government and a more powerful state despite the painful lack of results. Argentina is challenging it in dramatic fashion."

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Investors optimistic about Milei's ability to bring Argentina back from the brink



In the early 20th century, Argentina was one of the world's richest nations. After six major military coups and decades of reckless spending, the nation was reduced to a shambles such that when libertarian economist Javier Milei replaced outgoing leftist President Alberto Fernandez on Dec. 10, 2023, inflation was set to reach 211%; 45% of the population was impoverished; and Argentina owed $44 billion to the International Monetary Fund.

The South American country's problems have not gone away — inflation, for instance, reportedly reached a 12-month rate of 254.2% in January and poverty now affects nearly 60% of the populace — but investors have begun expressing newfound optimism about Argentina's future.

"It seems the market is starting to believe," financial analyst Mariano Sardans of FDI Argentina told Reuters.

This belief is fueled in part by the apparent efficacy of Milei's shock measures and his committment to seeing them through.

Within hours of taking power, the self-proclaimed "anarcho-capitalist" took his metaphoric "chainsaw" to half of Argentina's government ministries; his government allowed for its peso currency to devalue by 50%; and his economy minister Luis Caputo revealed Argentina would be cutting spending by 3% of GDP.

Extra to cutting government spending and making strides toward dollarizing the currency, Milei's government has purchased over $5 billion in dollars to build up their reserves and issued "Bopreal" bonds to tackle import debts. In discussions with the IMF over Argentina's debt, the Milei government has also advocated pursuing even tougher fiscal measures than those deemed reasonable by the international body.

"The market is becoming very optimistic about Javier Milei's conviction," Javier Casabal, a fixed income strategist at Adcap Grup Financiero in Buenos Aires, told Reuters. "It's a real shift worth celebrating, given that most investors did not have confidence in his ability to reduce the deficit just a few weeks ago. If anything, perhaps he's going overboard in some ways."

Milei's follow-through on his austerity scheme has pushed Argentina's risk index to a two-year low and driven some bonds to four-year highs. However, to succeed in his turnaround of the Argentine economy, Milei will likely have to overcome street opposition, provincial protests, and legislative setbacks.

Milei's economic reform bill was, for instance, thwarted in the nation's Congress earlier this month, preventing Milei from privatizing various state entities, reworking myriad regulations, and reducing state subsidies outright.

Reuters reported that the oil-rich province Chubut recently threatened to cut off the nation's energy supply because the Milei government withheld roughly $16 million to pay down some of Chubut's outstanding federal debt.

Extra to the caltrops laid before his austerity agenda by lawmakers and provincial leaders, leftist groups have worked to further paralyze the country. Late last month, the General Confederation of Labor, Argentina's largest trade union, organized a 12-hour general strike to voice anger at the country's rescue from oblivion.

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Argentina's 'anarcho-capitalist' president revs up chainsaw strategy, cuts over 5,000 bureaucrats loose



Javier Milei, Argentina's self-proclaimed "anarcho-capitalist" president, continues to make good on his pledge to take a "chainsaw" to government spending and to what he has termed his country's "political caste."

Milei evidently kept the chainsaw running after signing an executive order earlier this month to cut the number of government ministries from 18 to nine, announcing Tuesday that his administration would be cutting over 5,000 bureaucrats loose. Those government employees now on their way out were hired this year, prior to Milei's inauguration on Dec. 10.

A labor union representing public sector workers suggested the number of departing bureaucrats actually exceeds 7,000, reported Bloomberg.

The new president's administration indicated other government employees hired in previous years may similarly have their contracts reviewed.

The Associated Press indicated the decision not to renew the contracts of thousands of government employees in the new year is part of a broader strategy to reduce the size and expenses of the state in a nation of 46 million where inflation is expected to reach 200% by the end of the year.

"The goal is [to] start on the road to rebuilding our country, return freedom and autonomy to individuals, and start to transform the enormous amount of regulations that have blocked, stalled, and stopped economic growth," said Milei.

Extra to trimming the fat in Buenos Aires, the administration has set out to execute a number of shock measures to address the country's economic crisis resultant of past leftist governments' ruinous policies. These shock measures include cutting energy and transportation subsidies for residents; devaluing the Argentine peso by 54%; and halting new infrastructure projects.

While some leftists and media outfits have characterized Milei's economic strategy as extreme, various economists have recognized austerity and fiscal restraint as absolutely necessary to stabilize Argentina.

"It was a good start," Ivan Werning, an economist at the Massachusetts Institute of Technology, told the Associated Press. "If the [Argentine] economy were a house, it is already burning."

One in four Argentines are living in poverty. The country has a trade deficit of over $43 billion and a $45 billion debt to the International Monetary Fund.

A November report from the Organization for Economic Co-operation and Development stressed that the "new government from December 2023 will need to consolidate public finances to rebalance the economy. ... Continuous and decisive reductions in monetary financing will be key to stabilise the economy, and this will also require further fiscal restraint."

The New York Times acknowledged that various economists agree "severe reforms," such as those under way now, are necessary. However, the process will not be painless.

Martin Rapetti, an economist at the University of Buenos Aires, suggested the chainsaw initiatives "will increase inflation, will reduce income, will reduce activity and employment and it will increase poverty."

"The question is, what is society's tolerance for these measures?" added Rapetti.

While the measures may seem intolerable, Milei is of the mind that temporary pain is preferable to total collapse.

In his inaugural address, Milei said, "We will make all the necessary decisions to solve the problem caused by 100 years of profligacy of the political class. Even if it is difficult at first. We know that the situation will get worse in the short term."

Milei stressed that gradualism was a failed project and that there was "no alternative to shock."

"Of course, this will hurt the level of activity, employment, real wages, on the number of poor and destitute people. There will be stagflation, it is true, but it will not be very different from what has happened in the last 12 years," said Milei. "Let us remember that in the last 12 years GDP per capita has fallen by 15% in a context where we have accumulated inflation of 5,000%."

In an apparent effort to help relieve inflationary pressure and advance Milei's free trade agenda, Argentina also lifted import restrictions Tuesday.

Economy Minister Luis Caputo wrote on X Tuesday, "Starting today we are normalizing the import process that was absolutely blocked, generating greater inflationary pressure and shortages. ... On the flow side, today, after 15 years, SIRAs and any other import permits cease to exist."

"The state bureaucracy will no longer have the power to decide who imports a good and who does not," continued Caputo. "This measure has a direct impact on SMEs, which will have predictability in their operations, saving time and costs, since they will have certainty when importing. Starting today, it will be possible to import without quotas or product prohibitions."

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