Amnesty for undeclared dollars divides Argentina

In this picture taken May 9, 2013, Argentina's Economy Minister Hernan Lorenzino, right, and Deputy Economy Minister Axel Kicillof explain to lawmakers a proposed law that aims to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, in Buenos Aires, Argentina. The plan to get Argentines to deposit their previously unreported American greenbacks into the local banking system is eliciting strong warnings that it will turn the country into a magnet for money launderers and organized crime. The government of President Cristina Fernandez dismisses those concerns, saying the proposal to accept these dollars without charging taxes or asking whether they were obtained legally is needed to finance the key construction and energy industries, which have stalled due to inflationary pressures and currency controls. (AP Photo/Fernando Sturla,Telam)BUENOS AIRES, Argentina (AP) — A plan to get Argentines to pull their undeclared U.S. dollars from under their mattresses and out of illegal tax havens, and deposit them in the banking system is eliciting warnings that it will turn the country into a magnet for money launderers and organized crime.