Cristina: Vulture funds are "bloodsuckers"
Argentine President Cristina Kirchner delivered her final annual State of the Nation address, outlining the actions that will guide her policies for the year. In her speech, she reiterated her criticism of the so-called "vulture funds," speculative capital funds that hold Argentine debt securities, which, according to her, attempted to "hinder the government's management" and are internationally recognized as "bloodsuckers."
247 - Argentine President Cristina Kirchner delivered her final annual State of the Nation address, outlining the actions that will guide her policies for the year. Kirchner took the opportunity to reiterate her criticism of the so-called "vulture funds," speculative capital funds that hold Argentine debt securities, which, according to her, attempted to "hinder the government's management" and are internationally recognized as "bloodsuckers."
"The vultures tried to hinder the government's management, but they failed. We managed to definitively de-debt Argentina. Vulture funds are internationally recognized bloodsuckers. May we never again have governments that accumulate debt. If we are to incur debt, let it be for infrastructure, so that Argentinians can enjoy it," he declared.
Cristina, who will leave office at the end of this year when her second term ends, chose not to travel to Uruguay to attend the inauguration of President Tabaré Vásquez, preferring that Vice President Amado Boudou represent her at the ceremony. Facing an internal political crisis, she preferred to use the occasion to strengthen her administration and criticize her opponents.
In addition to attacking vulture funds, she also harshly criticized economists who predicted dark days for the country due to the economy. "They never led anything, and when they did, they brought the country down. They only scare the people. Many people were frightened in 2014 by what they were saying. When I turned on the TV, I had to take Rivotril," she stated.