Jimmy Dore Breaks Down 2025 Argentina Debt Guarantee Scam

19 hours ago
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Etienne Note: This article also appears in “Government”, Media and Academia Criminality Exposed, A digest of HUNDREDS and HUNDREDS of articles exposing and suggesting inter-generational organized crime’s control of the “Government,” Media and Academia by the Art of Liberty Foundation. You can view the other articles or subscribe on Telegram: https://t.me/Government_Scams

At the Art of Liberty Foundation, our working thesis is not only that “government” is illegitimate and best thought of as a technique for robbing and controlling populations, BUT that the US “government” (and most other governments) are being run as criminal enterprises. It is now emerging that the two $20 Billion dollar rescue packages (IMF & US Treasury) that US Treasury Secretary Scott Bessent put together for Argentina directly benefits Bessent’s personal friend and ex-colleague at George Soros-connected hedge fund Discovery Capital.

The scam of banksters betting on and manipulating sovereign bonds is as old as the “founding” of the US Federal Government. I broke down that scam in my article The Shady History of the Con-stitution, where financial interests bought up revolutionary war debt issued by the Continental Congress for pennies on the dollar. Since the original “government” under the Articles of Confederation had no ability to “lay and collect taxes,” the promises had become worthless.

Those same financial interests then took over the 1787 Philadelphia convention and rammed through an unauthorized replacement for the Articles of Confederation that created a “government” that could tax (theft), and then tricked the population into thinking it was legitimate through basically the same “control of perception” media system that we are under. I.E. controlling the newspapers of the day to pretend that a couple of dozen slave owners writing down on a fancy piece of paper that only they get to make up rules for everyone and steal the wealth of others is legitimate. Some very small percentage of suckers are propagandized into the voting and the controlled newspapers proclaim the whole thing legitimate. Here is how I broke down the basics in that article:

They hijacked a convention convened only to revise the existing Articles of Confederation between the States and, after almost half the delegates refused to participate, wouldn’t sign and/or left early, produced an unauthorized replacement giving unprecedented control to a Federal government that would be controlled by the exact participants in the years to come. In short order, they used this new government to begin taxing the population to pay off “Wall Street” speculators who had bought up Revolutionary War bonds from veterans and businesses that had accepted them during the war for pennies on the dollar.

After it became

Here is how Judd Legum over at Popular Information broke down the latest iteration under US Treasury Secretary Scott Bessent with links and references.

Hedge fund billionaire pressed Treasury Secretary for Argentina bailout, Argentine media reports

Rob Citrone, whose hedge fund bet big on Argentina, reportedly asked his friend for a rescue package. Treasury Secretary Scott Bessent delivered.

On September 24, Treasury Secretary Scott Bessent announced a $20 billion package to rescue the Argentinian economy. It was a dramatic move to bail out a country that has little economic impact on the United States. Argentine President Javier Milei is scheduled to meet President Trump at the White House later this month.

On Monday, Popular Information revealed that the taxpayer-funded bailout had massive economic benefits for hedge fund billionaire Rob Citrone, a personal friend and former colleague of Bessent. Citrone’s fund, Discovery Capital, had bet heavily on Argentina, purchasing Argentine debt and equity in numerous companies closely tied to the country’s overall economy.

Citrone’s investments reflected his belief that Milei’s right-wing economic program, which emphasizes deregulation and sharply reduced government spending, would revitalize the Argentine economy.

That theory began to unravel as growth slowed, unemployment spiked, and Milei’s popularity tanked. This spring, Citrone reportedly urged Bessent to help Milei secure a separate $20 billion package from the International Monetary Fund (IMF). The IMF funds began to arrive in April, but proved insufficient to turn the Argentine economy around.

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Etienne de la Boetie2
Executive Director, The Art of Liberty Foundation
Author, To See the Cage is to Leave It – 25 Techniques the Few Use to Control the Many
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