BBC: UN Human Rights Council backs Argentina on US debt row
The United Nations Human Rights Council has passed a resolution in Geneva condemning a group of American hedge funds that took Argentina to court.
The investors are demanding payments worth more than $1.3bn (£766m) dollars on government bonds they hold.
Argentina defaulted on its debts in July after refusing to comply with a US court ruling in favour of the funds.
It is searching for ways of meeting its obligations to its other creditors without paying the hedge funds in full.
The Argentine government has accused the hedge funds, which it refers to as vulture funds, of being greedy and damaging its economy.
"The vulture funds will not stop unless we stop them ourselves," Foreign Minister Hector Timerman told the council before the vote.
Leftists borrow money for their doomed socialist ponzi schemes and when they can't pay it back they blame the people who loaned them the money and want to be paid the agreed to interest.
CAPITALISTS OUGHT TO STOP LOANING SOCIALISTS MONEY.
INSTEAD, THEY ARE FULFILLING LENIN'S PREDICTION:
"The Capitalists will sell us the rope with which we will hang them."
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