Thursday, June 23, 2011

How Dumb Can Voters Be? Argentina to Subsidize Digital TV Sets for Everyone

In announcing her bid for reelection, the president of Argentina, Cristina Kirchner, launched a program to subsidize the purchase of high-definition TVs for low-income population. The project "TV for All", will finance 200,000 32-inch digital TV sets.

The program defines a distribution of credits from Banco de la Nacion, a state bank, for the purchase of televisions, and coincides with the start of the Copa America, South American soccer tournament selections to be played in July.
The devices will sell for $ 675 and payment can be made up to 60 times. "I am a president who does not like an Argentina for a few, but for many," said Kirchner.

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