Tag Archives: Venezuela

VENEZUELA TURNING RIGHT?

A young 39 year old Henrique Capriles has the pole position in a race to replace the cancer stricken Hugo Chavez in Venezuela. If elected it would be a sharp turn to the Right for that country.  Of course there was no other direction in which to turn from where Hugo Chavez stood. Despots like Chavez often come to power by creating the perception of an enemy to the masses then present themselves as their best and only protector.  If the enemy is imaginary, all the better because no one else will be fighting against it on behalf of th

If Capriles does replace Chavez, Cindy Sheehan will have to pay for her own airfare if she wants to visit that South American country again.  Folks like Sean Penn and Danny Glover will need to find another country in which to do their Jane Fonda thing.  I suggest they try North Korea.

CAPITALISM CAUSES RAIN

Venezuela has been hit by heavy rains. Deaths are reported at 32 with 70,000 left homeless. Socialist President Hugo Chavez holds “criminal capitalists” responsible for the disaster. God, Satan and mother nature get off scot-free. Preposterous, isn’t it! Nobody could believe it, could they? Nobody believes in flying saucers either, do they! Or… do they?

Here in the United States the citizenry are better informed. Blaming thunderstorms on “totalitarian socialists” wouldn’t fly. A few of us up here in North America may say it was God or Satan acting up, but most will simply say it was “just mother nature.” Now, we all know mother nature is organic and organic is “in”. It would be doubly incorrect to hold
such a lady responsible for the misery caused. So let’s blame the President. After all, someone has to be to blame. Accidents don’t just happen.

VENEZUELA ACCELERATES DOWN

Inflation is not an increase in prices.

Inflation is a decrease in the value of a currency.

Hugo Chavez, the socialist leader of Venezuela is giving the world yet another example of how central planning works. Under his leadership the Venezuelan Bolivar is experiencing rapid depreciation. As of April 2010, the Bolivar was declining in value at a 32% annual rate.

CHAVEZ AND A FAN

The Chavez government has nationalized privately owned oil companies (sixty of them), metal companies, newspaper companies, universities, banks, food supermarkets, the communications industry and general merchandise retailers. The justification, expressly stated in many cases, was to control inflation. Most recently the Venezuelan stores operated by a large retailer based in France were closed by the Chavez government, without notice, only because they raised their prices in tune with inflation.

The government is running most industries, and inflation is “still” rampant so Chavez reasons the problem must be somewhere else. Now he thinks he has found the cause. Venezuela imports most of its food. “Venezuelan businessmen buy abroad, come here and ask for more than it really costs” he said in fractured English. Translation – If businessmen are unwilling to operate at a loss the government will confiscate their businesses and do it for them.

The Financial Times reports:

Chávez seems to think he can decree low inflation. But it’s absurd,” said one local businessman who is broadly sympathetic to the government.

Last week, he said private companies exploited their workers for economic gain, and then sold their goods for inflated prices. He particularly singled out the country’s largest food and beverage producer, Polar, and recommended that the bourgeoisie read more Karl Marx.

But then Mr Chávez was undone by his own socialist project’s contradictions when 30,000 tons of rotting food were discovered at a warehouse run by state oil company PDVSA. Mr Chávez conceded that corruption and inefficiency was involved, but remained undaunted: “This will not divert us from our route toward our main goal . . . Socialism!”

Yet my liberal friends ask what is wrong with Socialism.

CHAVEZ IS ALSO STUPID

Hugo Chavez, the socialist leader of Venezuela is giving the world yet another example of how collectivism works. Under his leadership the Venezuelan Bolivar has been experiencing rapid depreciation. As of last month, April 2010, the rate of decline is at an annual rate of 32.9%.

His government has nationalized privately owned oil companies (sixty of them), metal companies, newspaper companies, universities, banks, food supermarkets, the communications industry and general merchandise retailers. The justification given in many cases was expressly to control inflation. The Venezuelan stores of a large French retailer were closed without notice because they raised their prices in response to inflation.

The government is running all these industries and inflation is running rampant. Nevertheless, Chavez reasons the problem must be elsewhere, in the private sector. He believes he has found the cause. Venezuela imports most of its food. Hugo, in his fractured English declares  “Venezuelan businessmen buy abroad, come here and ask for more than it really costs”. Abomination! If businessmen will not operate at a loss Chavez will take away their businesses and do it for them.

Please God, no profits !


Bob B

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