Posted on 04/03/2016 4:27:06 PM PDT by MtnClimber
nezuela is, once again, in the throes of a full-blown electricity crisis. Citizens complain of unannounced blackouts are shutting down factories, forcing shopping malls to close early, and otherwise wreaking havoc on an already-sputtering economy. The crisis is so severe that President Nicolás Maduro has curtailed working hours for government workers. Last week he even extended the Holy Week holiday to reduce power usage.
And Venezuelans are preparing for even worse news. Many are anxiously monitoring the dwindling water supply of the enormous Guri dam, which supplies roughly half of the country’s electricity. Experts are predicting that, as soon as next week, water levels will reach such a low level that the turbines will have to be shut down. If that happens, the electricity crisis will turn into a catastrophe.
As Venezuelans await the fate, they must be wondering whether their country’s electricity supply will outlast its incompetent government. Because even though the imminent shutdown of the Guri dam is the result of a drought, it’s the socialist government’s incompetence — manifested in myriad fashions — that is the root cause of the energy crisis.
(Excerpt) Read more at foreignpolicy.com ...
This is what awaits us if Sanders is elected.
The fault is capitalism!
The benefits of socialism.
Yep.
Meanwhile back in the US, Dear Leader promised us: “Under my plan ... electricity rates would necessarily skyrocket”.
But not their pay...
The production and distribution of electricity is very capital-intensive.
Societies that don’t accumulate and protect capital won’t have electricity very long, if they ever have it.
Also, the maintenance of an electrical system requires very highly-trained people who possess skills that are useful in many places around the world and are always in demand.
So sad for this country, the dogs that will soon be roaming the streets hungry and abandoned. The zoos with starving animals. The children.
What a tragedy.
And Maduro and his cronies will just double down on what doesn’t work.
So when does Obama announce a huge humanitarian relief transferring billions to Maduro and associates, and open immigration for Venezuelans who want to move to the US?
Prepper Ping
If you want on or off the list let me know. I’m kinda filling in on a temp basis.
Thanks for the ping, Roos_Girl.
You beat me to it....but I’ll say it anyway....”Ain’t socialism great?”
Before Hugo Chavez took over Venezuela and appointed himself Dictator, Venezuela was one of the most prosperous Countries in South America and was nearing first world levels of economic development.
Venezuela sits on the second or third largest proven reserves of oil in the world.
Chavez and his cronies have looted the country and destroyed the economy in the classic Banana Republic tradition.
Chavez started office as a poor military colonel but died in office 15 years later worth at least 2 Billion dollars. Some of his cronies did an even better job of looting the country.
Hugo and his family became so power hungry and arrogant that Hugo’s daughter has refused to vacate the Presidential Palace and has forced Maduro to live in modest house.
To the best of my knowledge, she is still living these.
President Obama is using Hugo Chavez as a case study on how seize control of a modern democratic political and economic system, loot it of it’s wealth and run it into the ground.
So far, after seven years he is ahead of Chavez’s pace
Socialism works! Let’s try (more of) it here!
Your post was racist
Sulfur burns.
Political cronies that don’t know anything probably were put in charge of the electricity just as they were the oil companies. And the farmers land was taken away and given to people that didn’t know how to farm, just like Zimbabwe.
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