It is the bank employee who will decide which countries Argentina will engage with. Meanwhile, the media make their spectacle with the urns, the gestures, and the occasional winners. In the 90s, they bought politicians. In 2025, they buy an entire country. Argentina is back on the auction block, but this time the cartel is not in the Casa Rosada: it is on Wall Street. This was not a simple meeting of bankers. On October 24, Javier Milei attended the meeting of the iconic American bank, in the role of a true cadet of financial power. Meanwhile, on October 26, after the elections, La Libertad Avanza achieved around 40% of the votes nationwide. But behind the scenes, the government accepts every demand from the bank, which advances with devastating strategies. The first is to open the door to the privatization of the nuclear sector. The second is to privatize the hydroelectric plants built with state funds. Luis Caputo, former head of Traders for Latin America at J.P. Morgan, approved new modifications to the international tender document to sell the Alicurá, El Chocón, Cerro Colorado, and Piedra del Águila plants. Since 2008, he has been a member of Morgan's International Council, where he earns one million pounds a year as a global lobbyist. Every devaluation will automatically increase the energy cost for the entire economy, and thus be passed on to prices, that is, to the workers' pockets. The arrival of J.P. Morgan, with two war lobbyists like Blair and Rice, confirms that the Milei government is an occupation government. The Law Bases, the labor reform, the banking and energy deregulation: all of this is part of the same operation. First, they get the country into debt, then they manage it, and finally, they buy cheap what they have destroyed. Jamie Dimon himself said it: “With this bailout, we are going to buy cheap and sell high.” In the 90s, they bought politicians. But this time, the cartel is not in the Casa Rosada: it is on Wall Street. The democratic illusion “A perfect dictatorship would have the appearance of a democracy, but it would be basically a prison without walls from which the prisoners would not even dream of escaping.” This bank, along with other corporations, set the conditions for the planned economic subjugation of the country to the global financial system, while on October 26 the midterm elections took place, in which the governing party, La Libertad Avanza, was the winning force. For example, Tony Blair, former Prime Minister of the United Kingdom, the famous butcher of Baghdad. The tender expired on October 23, but at the request of the interested parties, the government, through Resolution 1649, postponed the closing of the tender for another two weeks. Who are the interested parties? Edison Energía, to get Cerro Colorado, made up of businessmen like Ruben Cherniahovski, Guillermo Stanley, and also the News Group close to Santiago Caputo, and among the main financiers of the Faro foundation. Pampa Energía would also be interested in these hydroelectric plants, but one of them is the American AES, which is in the sights of BlackRock, but why does it want to buy it? AES is suing Argentina before the ICSID for the pesification of the 2002 tariffs, demanded 1.85 billion dollars from the National State and ended up closing for 732 million dollars, in August it went to demand that Argentina pay, now it is easy to understand with what Argentina is going to pay AES or BlackRock. The dams were built by the Argentine State with its resources, they were concessioned by Menem in the 90s, and now Milei is selling them. The third strategy of J.P. Morgan is to dollarize energy tariffs. In a country with low wages in pesos and a dismantled industry, dollarizing energy is to turn daily life into a hostage to the dollar. It is not based on the democratic principle of one man, one vote. Amin Nasser, a guest from the oil sector, heads the Society of Petroleum Engineers and CEO of Saudi Aramco, the state oil company of Saudi Arabia, recently landed in Chile and with clear interests in Vaca Muerta. In the 2000s, judges. That is why they put Pablo Quirno, a man from J.P. Morgan, in charge of the Chancellery. The arrival of J.P. Morgan, with two war lobbyists, like Tony Blair and Condoleezza Rice, confirms that the Milei government is an occupation government. Executives, officials, financial operators arrived, including Jamie Dimon, owner of a fortune of 2.8 billion dollars. The meeting brought together the main references of global power. Tariffs have increased by 514% since December 2023, with an inflation of 171%. Large companies will be able to contract energy directly with the generators, at dollar prices and without state regulation. It is based on the concentration of capital, on economic interests that operate above the popular will, on the control of information and on the ability to shape the common sense of society and also on the most extreme violence, if necessary. The planned takeover of the National State While in local politics mandates were being disputed, J.P. Morgan organized its annual meeting in Buenos Aires. Jamie Dimon himself said it: “with this bailout, we are going to buy cheap and sell high.” First, they get the country into debt, then they manage it, and finally, they buy cheap what they have destroyed. It would be essentially a system of slavery, in which, thanks to consumption and entertainment, the slaves would love their servitude.” Aldous Huxley While Argentina was preparing to vote, and the political discussion was undergoing a strict scrutiny school by school, “They” had decided two days before who was going to govern, who was going to manage the economy, who was going to control the energy, and how much you were going to pay for the light bill. This weekend, everyone was entertained with the urns, while the real power was meeting in silence, under the glass ceilings of Buenos Aires, in dark suits and ties and the J.P. Morgan pin on the lapel. In 2025, they buy an entire country. Nasser, a member of the BlackRock board of directors since July 2023, heads one of the most influential companies in global energy and mining. Patria Force (Peronist), was in second place with approximately 31%, in an election with a turnout of around 66-68% of voters. But the concentrated groups do not expose themselves to a plebiscite. It should be noted that BlackRock — shareholder of YPF, Chevron and Pampa Energía — has its sights set on Vaca Muerta, the world's second gas reserve and fourth oil reserve. Khaldoon Al Mubarak, president of the Abu Dhabi Executive Affairs Authority and a member of Dolphin Energy, was also present. The event also brought together part of the local business community in the energy and financial sectors: Armando Loson (from the Albanesi Group) dedicated to the energy business, with 10 thermal power plants, Hugo Eurnekian (CGC), Martín Eurnekian (Aeropuertos Argentina 2000), Bernardo Andrews (Wind Energy Chamber), Manuel Santos Uribelarrea (MSU), Horacio Marín (YPF), Marcelo Mindlin (Pampa Energía), Eduardo Elsztain (Mortgage Bank, silver, gold, copper mining) and Mariano Bosch (Adecoagro). The host was Facundo Gómez Minujín, CEO of J.P. Morgan Argentina, along with Pierpaolo Barbieri (Ualá) and Marcos Galperin (Mercado Libre), businessmen whose firms have direct links with the bank. Why did they come and what did they decide? They came to set the conditions for a planned economic subjugation. The Argentine economy will once again submit to the dictates and looting by the global financial system. The JP Morgan bank announced the construction of two mega towers — the Núñez Business Center and the Libertador Business Center — to double its operational capacity in the country. They will invest 1.5 trillion dollars in four sectors and 27 subsectors “strategic” defined by the United States government: mining, energy, and industrial goods. This operation is intended to ensure supply chains of critical inputs for the United States in the context of its dispute for natural resources with China. The American State and global corporations seek to place their men in the Ministry of Economy, set the economic agenda, and influence foreign policy. With its operations, it earned millions for J.P. Morgan during the Iraq War, by directing the New Trade Bank of Iraq, mortgaging the future oil production. Condoleezza Rice also arrived, former US Secretary of State and partner of the Rice financial group. It was a staging of concentrated power that no one voted for, but that exercises command. Understanding how they operate is the first step to resist. Power is not in the institutions that formal democracy grants, power is on the one hand in the exponential concentration of wealth of corporations and on the other in the organization and struggle of the working class. This is the real contradiction that is not expressed in the ballot boxes, but in the streets, in the strikes, in the pickets, in the worker's organization and in direct action. YouTube Video Credit “Débora Mabaires, (Odisea Submarina”) Source: Karne de Máquina/en la Red de Comunicadorxs Solidaridad y Lucha The Law Bases, the labor reform, the banking and energy deregulation: all of this is part of the same operation. Former director of the CIA between November 1991 and January 1993. On October 24, the JP Morgan annual meeting in Argentina took place. She was National Security Advisor to George W. Bush during his first term and one of the direct responsible for the invasion of Iraq in 2003. Rice worked for a decade for Chevron in Kazakhstan, where she quadrupled the oil company's income in Kazakhstan and Angola, which went from 1.2 billion dollars in 1991 to more than 5 billion in the year 2000. Another participant was Robert Michael Gates, who in 1974 joined the National Security Council under the orders of Henry Kissinger, when they designed the Condor Plan. Its power is not decided at the polls. Argentina is back on the auction block.
