Trump and the MAGA movement have framed Argentina as a shining success. But throwing American tax dollars at its economy tells a different story.MSNBCSept. 29, 2025By Ja'han JonesDonald Trump and his administration are preparing to hurl billions of dollars at Argentina to prevent its MAGA-inspired administration from going up in flames.Treasury Secretary Scott Bessent’s announcement last week that the U.S. is in talks to provide more than $20 billion in a currency swap, along with other forms of aid, to prop up the South American country’s economy — and thereby aid President Javier Milei’s flailing administration — is a clear sign that the political outlook for Milei has soured in recent months.
With all his "budget" cuts somehow he found money to shower Milei with dollars!
For years now, Trump and the MAGA movement have portrayed Argentina’s right-wing leader and his administration as a shining example of what deep cuts to federal programs — mostly, targeting the poor and the middle class — can do. But Argentina’s economy has continued to suffer under Milei’s policies, undermining Trump’s rosy portrayal.
I have mixed feels on this because...
By Hugh CameronPresident Donald Trump’s offer to prop up Argentina’s economy—and the political future of embattled President Javier Milei—has drawn the ire of farmers and lawmakers, who consider this an ill-judged use of American resources.[...]To some the offer of such a significant financial backstop also conflicts with the isolationist, America-First ideology at the center of Trump’s political program, especially at a time when U.S. lawmakers have already been battling over budgetary issues and spending cuts.
Of course it does because for Trump never about "America First" it was always about "Trump First"
Much of the resistance to Trump’s offer has come from farmers—particularly soybean croppers—who view Argentina as a competitor and believe the U.S. should prioritize U.S. agriculture before extending lifelines to foreign nations.“The frustration is overwhelming,” American Soybean Association President Caleb Ragland posted to X. “U.S. soybean prices are falling, harvest is underway, and farmers read headlines not about securing a trade agreement with China, but that the U.S. is extending $20 billion in economic support to Argentina.”
If Trump keeps this up all of his loyal supporters will turn away from him! Blacks and Latino are having second thoughts. I hope that he continues agonizing his "loyal" base.
The columnist Paul Krugman writes;
But although in this case America is offering aid rather than taking it away, our new Argentina policy is part of the same Trumpian agenda.It’s true that the plan to aid Argentina looks quite a lot like Bill Clinton’s bailout of Mexico during that nation’s financial crisis of 1994-5. But we had a compelling interest in helping Mexico, which is our neighbor and one of our most important trading partners. We had just signed a free trade agreement with Mexico, and were also trying to bolster Mexico’s transition from one-party rule to genuine democracy.Argentina, in contrast, is not systemically important to the United States. Argentina is a miniscule player in terms of US interests. The U.S. accounts for only about 1/8th of Argentina’s imports, less than its imports from the European Union and much less than its imports from China.[...]But remember that, in Trump’s world, America’s interests don’t count. Only his interests count. And Javier Milei, Argentina’s president, has been an important poster child for right-wing economics. The early success — or apparent success — of his policies was widely celebrated as a great victory. In February, Milei and Elon Musk shared the stage, wielding a chainshaw, during the Conservative Political Action Conference (CPAC.) And Milei has deftly played the part of the Trump acolyte, praising Trump’s tariffs and deportations at the UN, while attacking “left-wing infiltration” of American institutions.
With Trump, it is me first, politics second and the country last.
ForbesBy Zach Everson,May 27, 2025Trump Media and Technology Group, the parent company of Truth Social, is raising $2.5 billion through a stock and bond sale—aiming to build a corporate bitcoin reserve, mirroring President Donald Trump’s pro-crypto agenda.
Think about this... Trump starts a bitcoin and then shapes legislation to profit from it!
Similar to Trump Media, the Trump administration has announced plans to create a national strategic bitcoin reserve in March. The administration’s reserve plan is being presented as a national economic strategy, while Trump Media’s bitcoin fund is a private business move—though the timing highlights the overlapping priorities. Trump Media’s announcement also coincides with the start of the bitcoin 2025 conference in Las Vegas where Vice President JD Vance, Trump Media board member Donald Trump Jr. and Eric Trump are expected to speak.
Convenient isn't it!
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