Argentina To Expropriate Money-Printer
Why not go to the source and grab the presses? And block an investigation at the same time.
BUENOS AIRES, Argentina—Argentina announced plans Tuesday for another government takeover, this time expropriating a company that is printing the nation's pesos and is at the center of a criminal case involving the vice president and the tax chief.
President Cristina Fernandez is proposing to expropriate the Company of South American Values.
The takeover, which has been submitted to Congress for approval, would cancel the company's debts, recover its property and convert its employees to government workers.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?