Kirchnerists are celebrating the victory today, but I have to ask whether all this fuss for the last 116 days was necessary? The quasi-dictatorial attitude of the K gov't as it tried to foist this tax on the agro boyz was the root cause of all this. Now that it's passed through the democratic system of Congress the small producer has sorely needed protection and the big producer will have to face the fact that it will be paying more to the state. I mean, the core reason for my hatred of this law was the way it was imposed, and what it would mean to the small player (see the charts in this post).
I'm sometimes called out as a lefty due to the posts here. The fact I've supported the Agro boyz cause all this time is therefore pretty confusing for those who like putting people into convenient boxes. I'm on the side of truth, democracy and the rule of law. Period. That's what we've seen today, and imperfect though the country's system may be from now on I'll be the first to criticize the agro boyz if they decide to renege on the deal hammered out by the democratically elected officials of Argentina.
Finally, I hope Klishtina has learned a lesson here. A President is not a monarch, and people in the 21st century should not be treated as serfs. If these 116 days of pain help in any way to avoid future conflicts, they will not have been in vain. I hope this is my last post ever on the subject.
UPDATE: Here's Bloomberg's take in English