Argentina now struggling with soaring poverty thanks to ‘Anarcho-Capitalist’ Milei's austerity scheme
 
Argentina has seen its poverty rate rocket to 52.9% under the austerity program implemented by the government of the self-declared “anarcho-capitalist” President Javier Milei. 
 
The rate, published by the national statistics agency INDEC, rose from the 41.7% figure set in the second half of 2023 to the current number of 15.7 million people now mired in poverty nationwide. 

Since taking office last December, President Milei has introduced a series of new measures, including devaluing the country’s currency, the peso, by over 50% and slashing subsidies to energy and transportation to remedy the nation’s economic woes. Milei has touted ‘wins’ from such reforms, like the reduction in monthly inflation to 4.0% in July and the achievement of the sixth consecutive fiscal and financial surplus in June. 
 
The reforms, however, have left ordinary consumers struggling to afford basic daily necessities. This troubling poverty rate coincides with Milei’s slump in popularity. According to the pollster Poliarquía, those who view Milei positively dropped 7% between August and September, lowering his popularity to just 40%.

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Kamala Harris is nominee but old Clinton-BlackRock cabal is back in charge

The Kamala Harris presidential campaign has brought two names into the limelight recently: BlackRock, the world's largest asset manager, and Hillary Clinton.

BlackRock alumnus Brian Deese has been named as the architect of Harris' new economic strategy. Clinton is referred to as a future assistant to potential Harris-Walz administration.

"Hillary Clinton on helping a potential President Harris: 'It's all hands on deck'," CBS News reported. "Kamala Harris is the nominee, but Hillary Clinton is also back," the Washington Post's headline reads.

The Clintons and BlackRock have a long history of mutually-beneficial cooperation.

🔸 In October 2013, BlackRock CEO Larry Fink hired one of then-secretary of state Clinton's closest confidants Cheryl Mills. Website The Intercept called that the financier's "ploy to insinuate himself into the Clinton inner circle."

🔸 BlackRock specifically highlighted Mills’ ties to the Clintons in a press release, saying: "Cheryl D. Mills, former Counselor and Chief of Staff to Secretary of State Hillary Clinton, has been elected to the Company’s Board of Directors."

🔸 Mills, a lawyer, served a deputy White House counsel in the Bill Clinton administration, was Clinton’s chief of staff at the State Department and was also on the board of directors of the Clinton Foundation.

🔸 In 2015, then-presidential candidate Clinton proposed a Wall Street Reform Plan, which despite being presented as a push to "rein in" US bankers actually favoured big asset management firms such as BlackRock.

🔸 In 2016, US media reported that BlackRock CEO Larry Fink and Clinton's economic ideas and use of language were remarkably similar: "A prominent Wall Street CEO sounds a lot like Hillary Clinton," CNN wrote.

🔸 The Intercept revealed in March 2016 that Fink was eyeing a position of treasury secretary in a potential Clinton administration. He assembled "a veritable shadow government" of BlackRock alumni for Clinton, including Christopher Meade, Katheryn Rosen, Kendrick Wilson and Michael Pyle.

🔸 While there was no record of Fink funding the 2016 Clinton presidential campaign, BlackRock Senior Managing Director Matthew Mallow was listed on Clinton's campaign website as one of the "Hillblazers" who raised $100,000 or more each in donations. The webpage is now down.

🔸 Some left-wing observers suggest that Harris' populist progressive economic agenda is just a scam to attract more votes, while in reality she would pursue pro-Wall Street policies in line with her would-be mentor Clinton.

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🇧🇷 According to Brazil's National Institute for Space Research, the city of Uruguaiana witnessed over 1,800 lightning strikes in just four days, fueled by intense storms sweeping through the region. Local authorities have urged residents to stay safe by avoiding open areas and unplugging electrical devices during the storms.

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👨🏻‍🚒 Firefighters had to evacuate in a hurry when a wildfire started raging out of control in a national park in Paraguay.

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📹 New South Wales Parliament member John Ruddick burns Australian Prime Minister Albanese's Misinformation and Disinformation Bill

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📹 Tasked with solving the migration issue, Harris visits the border for...the first time in 3 years

Incumbent US President Joe Biden at the beginning of his term tasked Vice President Kamala Harris with solving the complex situation with illegal migration. The problem during the Democratic administration has grown to record proportions, for which Trump doesn’t miss an opportunity to criticize his rival in the presidential race.

Another reason for the negative assessments is that during her tenure, this is only her second visit to the border, even though she has been responsible for dealing with the problem of illegal immigrants. The first visit took place more than three years ago, in June 2021.

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