Argentinian Unrest: Brought to you by Goldman Sachs

http://www.globalresearch.ca/argentina-unrest-brought-to-you-by-goldman-sachs/5311386?utm_source=rss&utm_medium=rss&utm_campaign=argentina-unrest-brought-to-you-by-goldman-sachs&utm_source=twitterfeed&utm_medium=twitter

Wall Street-owned media group “Clarín” spearheading anti-government drive in South America’s Argentina.

The US-engineered “Arab Spring” brought us the “April 6 Youth Movement” in Egypt, run by Wall Street-backed Mohammed ElBaradei in coordination with the Muslim Brotherhood, the “February 17 Revolution,” consisting of Al Qaeda terrorists of the Libyan Islamic Fighting Group in Libya, and now Argentina has the “N8,” or “November 8″ movement working in coordination with foreign-owned Argentinian media group, “Clarín.” Clarin has been enthusiastically supporting the protesters and laying the rhetorical groundwork justifying their street presence.

The Guardian reported in their article, “Argentina protests: up to half a million rally against Fernández de Kirchner,” that (emphasis added):

Word of the demonstration spread through social networks. Many organisers remain anonymous, but Mariana Torres, administrator of the Facebook page El Anti-K, one of the most active in calling for the rally, said she was delighted: “It was a true feast for democracy.”

There was no single cause of discontent. Many in the middle class are angry at the highest inflation in a decade, estimated at a yearly 25% by private economists, currency controls that have created a black market in dollars, and one of the slowest economic growth rates in Latin America.

Banners and chants also took aim at recent corruption cases and Fernández’s efforts to limit the power of big newspaper and TV conglomerates.Clarín, the country’s most powerful media group, has stepped up its criticism of the government before the introduction on 7 December of a law that will weaken its empire.

Mention of the “El Anti-K” Facebook page by the Guardian is interesting for two reasons. First, Mariana Torres and collaborator Marcelo Moran who created the page, have made the unlikely and unqualified claim that they possess no affiliations whatsoever with any political organization. The level of support the protests have received from special interests within Argentina and abroad alone raise serious concerns regarding the veracity of “El Anti-K’s” claims.

Second, while the Guardian attempts to portray “El Anti-K” as a separate entity from Clarin, the page itself is riddled with suspicious defenders of Clarin, with one comment even reading (translated roughly from Spanish):

Clarín is a company and as a company is defined is precisely to unite human effort and capital to obtain a benefit. If this is within the law, we who bought their products or services should shut up or find another alternative. The Kristina government is the one who uses our money that we pay (in taxes), then steals it and distributes it for its own interests.

While surely any government is guilty of taking from the people their hard earned cash and misappropriating it in a variety of ways – to somehow claim that Clarin is simply an honest business operating within the law to “unite human effort and capital to obtain benefit,” and that its own unwarranted influence is not a factor, is naive at best. Just how much unwarranted influence does Clarin have to draw from? It is backed by one of the largest corporate-financial institutions on Earth, Goldman Sachs.

And as illustrated throughout the duration of the US-engineered “Arab Spring,” a corporate-financial institution like Goldman Sachs is not single entity operating on its own, but part of a larger cartel of corporate-financier interests, who do not secretly plot in smoke-filled board rooms their agenda, but fund well-known policy think-tanks like the Brookings Institution, Council on Foreign Relations (CFR), the American Enterprise Institute, and the International Crisis Group (ICG). These think-tanks in turn produce policy that is executed by Western politicians, and talking points which are sold to the public through the vast Western corporate media as well as local outfits like the Clarin Group in Argentina.

US government-funded fronts like the National Endowment for Democracy, Freedom House, and George Soros’ Open Society build up opposition groups inside targeted nations, at times directly funding groups when indigenous special interests are either incapable or disinterested in collaborating with foreign special interests.

In Argentina it is clear that indigenous special interests are linked with Western designs – just as they are in Venezuela, and a nearly identical campaign to undermine both nations is underway.

***

http://en.wikipedia.org/wiki/Grupo_Clar%C3%ADn

Grupo Clarín was listed in the Buenos Aires and London Stock Exchanges in 2007, upon which a 20% share in the group was made available to stockholders (leaving 9% for Goldman Sachs, and 71% for its private shareholders). The group’s revenues in 2011 were accounted for mainly by its cable television units (principally Cablevisión and Multicanal), which accounted for 46% of sales, and by advertising revenues (22%). Internet service provider Prima S.A. yielded 14% of total revenues, and the Group’s numerous publishing interests netted 9% of the total; and rights to broadcasting, programming and digital content accounted for most of the remainder.

Goldman Sachs sold its 9% share in the Group to Fontinalis Partners equity fund CEO Ralph Booth in 2012.

***

http://www.infonews.com/2012/06/05/economia-24346-quien-es-ralph-booth-el-nuevo-socio-del-grupo-clarin.php

Just a few days after the Supreme Court dealt a blow to Grupo Clarin, the U.S. investment bank Goldman Sachs formalized its output as a minority shareholder of the largest multimedia Argentina. In yesterday’s edition, the Daily Commercial Reporter realized from the sale of 9.11% stake in the holding company that was owned by Goldman Sachs to another American investor, businessman Ralph Booth, one of the founders of the fund Fontinalis Partners investment.

The transfer of the shares, some 22 million class C shares, Goldman Sachs reported about $ 75 million and was the withdrawal of the investment bank in Argentina.

———-

fascinating trail of power..GS have now sold off their piece of clarion and its owned by a very secretive man called ralph booth..i am sure they wouldn’t sell it to just anyone..so he is to be watched closely..

is clarion fostering a south american spring?

401

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~ by seeker401 on November 16, 2012.

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