Posted on 06/27/2014 3:07:43 PM PDT by Oldeconomybuyer
A blackout cut power to much of Venezuela on Friday, snarling traffic in the capital Caracas and other major cities as authorities scrambled to restore electricity after the outage, which twice interrupted a presidential broadcast.
Pedestrians streamed into the streets of Caracas as the blackout shuttered the underground metro trains and left frustrated drivers honking in the chaos without stoplights.
The OPEC nation has suffered an increasing number of power outages in recent years, which critics have attributed to low electricity tariffs and limited state investment following the 2007 nationalization of the power sector.
Critics call the power problems a symptom of 15 years of socialist policies that have left the country without a steady supply of energy despite having the world's largest oil reserves.
Late socialist leader Hugo Chavez in 2007 nationalized the country's power sector as part of a broad wave of state takeovers.
(Excerpt) Read more at reuters.com ...
/johnny
Not if the end result is making everyone EQUALLY miserable! Then it’s a GREAT success!
*SPIT*
America in 10-12 years
Making everybody poor is the goal of Socialism.
First, toilet paper and now electricity...that can try one’s patience.
Herr Barrack Housain Obama doesn’t believe you.
Here’s what’s going on in Venezuela right now:
http://mic.com/articles/82777/this-is-what-s-happening-in-venezuela-right-now
Our time machine to visit our future.
To all socialists there: Bwahahahahahahahahahahahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!
Venezuela is about twice the size of Kaliphorniastan which figures ....
Nothing like a little infrastructure inconvenience to remind people how incompetent government is.
No, Obamaism has succeeded every time. Venezuela is a preview of America in a couple of years.
No coal. No energy. Welcome to the Wonderful World of Candles.
Ah, Progressive Utopia. Just sit back in the dark, with your AK-47 in your lap, and contemplate the completeness and wholeness of the attained utopia.
No doubt orchestrated by the racist Tea Party.
Preppers’ PING!!
LOL! well said!
Silences the President? MMMMHHHH I could survive a black out, and it would be great to silence the one. Might be ok for change of pace, and testing the preps.
Rush has been saying to keep an eye on Venezuela. That is our future. There are a lot of parallels between Chavez and baraq.
As my mother says, there is no great loss without some small gain. :)
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