Domingo Cavallo, the man who made Argentina into a first-world country in the early 1990s and then turned it into a fourth-world hellhole by 2002, bringing starvation, crime, poverty, robbery, toilet-paper money and an end to property rights, all in the span of a few short years, is running for office again.
Luis at El Opinador Compulsivo in Buenos Aires calls it pathetic. Somebody just tell him no. Like a crazy driver, this man must never have be allowed to have his hands on the steering wheel of power again. Not ever.
UPDATE – SEPT 24: The dummy came to his senses – EFE reports here:
Argentina’s Cavallo drops out of legislative race
Buenos Aires, Sep 24 (EFE).- Argentine former Economy Minister Domingo Cavallo announced his decision to pull out of the race for a congressional seat, citing lack of support from his conservative Action for the Republic party.
“My party didn’t back me,” said Cavallo, who had been a candidate for Congress representing Buenos Aires in elections scheduled for Oct. 23.
A former economy minister from 1991 to 1996 during Carlos Menem’s administration and in 2001 under ex-President Fernando De la Rua, Cavallo said Friday he was “betrayed” by some party leaders.
Cavallo, who was responsible for establishing the decade-old currency regime that pegged the peso at parity to the U.S. dollar, said he would now dedicate himself to rebuilding the Action for the Republic party, which he founded in 1997. EFE alm/mc