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Friday, April 15, 2011

Advancement of the State in private

In our note of yesterday rescatábamos the concept that the only tyranny that we should accept Argentines, is the Constitution and laws. Today we refer to as an example, an issue that contradicts it. The government, through a DNU (Decree of Necessity and Urgency) amended an important law. The President is well aware, having law degree, that a law can only be amended by another law, however, circumstantial political interests led to use this artificial mechanism. A NUD is a ruse to prevent the Congress, when amending a rule enacted by the legislature can be applied immediately, but inevitably the Supreme Court declared it unconstitutional. It is clear that this statement will occur after the long time that it takes justice in our country. While it may be applied.

DNU in question authorizes the State to appoint more directors in those private companies which participate through ANSeS. Recall that after the transfer of funds from the private pension system, the state agency, he was in possession of the shares that were in different companies AFJP. But there was a condition for both Anses AFJP to the 5% limit political rights in private companies. So the brand new Presidential Decree aims to intervene with a greater number of directors in private companies. Both
Industrial Union (UIA) entrepreneur as the Association Agreement (SAA) flatly rejected the Presidential Decree. The latter said in a statement: "We believe that progress in the way of a vigorous economic and social development is essential to preserve the conduct of private business, thereby preventing the progress of state involvement in this area that promotes Decree .. " For its part, recalled that while there were UIA AFJP, established a limitation on the exercise of their votes, to prevent private pension companies try to directly or indirectly controlled companies, and at renationalized the pension system remained that limitation, "which was an essential condition negotiated in Congress to secure the approval of the law" . The news also had an impact abroad, from Washington and New York, known analysts told the daily La Nación (1), that the Government's decision could "damaging to companies looking to go out and raise funds in the market."

The way they have left and will surely address the affected employers will demand justice in the unconstitutionality of the decree in order to restore the 5% limit prescribed by law. Meanwhile, leaders of the CGT and young Campora, line up for achieve a well-paid position of Director in enterprises is why, according to Diario Clarín (2), the Finance Minister Amado Boudou two organizations have negotiated with them positions in private companies in exchange for support for his candidacy in Buenos Aires.

Undoubtedly the matter involves a great risk, the increase of state intervention in the structure of the private economy, and there are few who actually warn that further pursued kirchnerismo model and it in turn, be a carbon copy of Chavez. That in light of what happens in the Caribbean nation, and ideological affinity has been demonstrating our government, with the colonel-turned-President, the prospect of continuing in that way may be regarded as a logical sequence.

(1) The Nation - April 15, 2011 Letter from Martin Kanenguiser "They say that companies will cost more funded"
(2) Clarín - April 15, 2011 - Note by Marcelo Bonelli "strong repudiation of progress on the sector private "