Ignacio, a loyal KPC reader from Chile, passed me a great article about politics in Argentina, which I will loosely translate here:
On the same day she announced her bid for re-election, President Kirchner also announced a new government program "TVs for Everyone" (televisores para todos). Initially there will be 200,000, 32 inch hi def sets available. People can finance them over 60 payments at 15% interest. Kirchner announced the program will start by offering the TVs to retirees because "they have the most time available to watch TV".
Oh Crissy, could it also be because old people vote more frequently than any other group?
If you think that 15% interest is a bad deal, consider that the actual inflation rate in the country right now is thought to be between 25 and 30%!