January 17, 2018
Friday, June 13, 2014

Government urges business leaders 'to give explanations to the people not to corporations'

The head of ministers put it this way: it is either democracy or corporations in the debate about Argentina’s future and the government represents the “visible power.” Corporations account for the “invisible power” that seeks to “determiner the judicial system and governments.”

“People must know that power has two perspectives: the visible which is democracy, which is transparency in the acts of government. The invisible conditions the judicial power and government,” the cabinet chief said this morning while addressing reporters at the government house.

“A political leader gives explanations to the people and not to corporations that finance their campaign,” Capitanich insisted as he defended the government’s recent actions to stem inflation.

Watch out for the "thieves"

“I ratify the declining trend in prices,” the minister said and blasted private-sector agencies and opposition lawmakers that report inflation rates contradicting official statistics.

“It is ridiculous that consultants or the Congress utilize an index that is not consistent. They seek to push the dollar up to promote devaluation,” he assured and renewed his criticism of businessmen whom he accused of “stealing” people.

“We want to tell the people that over these past ten years, we have granted incentives to fuel demand and consumption,” Jorge Capitanich said adding that business leaders “have filled their pockets” with money thanks to the government’s pro-consumption policies, by “giving people credit lines” and “on the other hand creating finance companies” that set high interest rates.

“Stop stealing the Argentinean people and create an adequate credit system so that people can improve their quality of life,” the official affirmed while praising an agreement reached with the private sector to lower interest rates earlier in the week.

“If interest rates fall, people get to consume more, manufacturers produce more, there is more job and better salaries. And that is the most positive thing that can happen to us all.”

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Tags:  Jorge Capitanich  cabinet chief  democracy  corporations  prices  inflation  rob  steal  

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