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'The most miserable country in the world' is taking Fridays off for the next 2 months
Business Insider ^ | 04/07/2016 | AFP

Posted on 04/07/2016 7:27:54 AM PDT by SeekAndFind

CARACAS, Venezuela — Venezuelan workers will get Fridays off for the next two months as part of an emergency plan to save electricity, the president said.

Venezuela has the world's largest proven oil reserves, but its economy is a mess, with rampant inflation, shortages of goods as basic as soap and toilet paper, and constant blackouts.

Now, because of a severe drought that has left levels at hydroelectric dams at extremely low levels, to save on electricity the government is effectively shutting the labor force down for a three-day weekend, starting Friday and lasting until June 6.

The decision was announced by President Nicolas Maduro in a speech on state TV.

He said the country was in dire straits because of the low water level in Venezuela's 18 hydroelectric dams.

As an example, he cited Guri Dam in southeast Bolivia state. It supplies 70% of the country's electricity. Maduro said its water level was just 3 centimeters (roughly an inch) above what is considered the critical level.

Maduro also ordered state-run industries to cut their electricity consumption by 20%, just as he has ordered the government to do.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: economy; hugochavezlegacy; venezuela
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Commuters trying to find transportation after the subway service was halted during a blackout in Caracas, Venezuela
1 posted on 04/07/2016 7:27:54 AM PDT by SeekAndFind
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To: SeekAndFind

Thank God Levi’s isn’t “state run” or they wouldn’t even have pants.


2 posted on 04/07/2016 7:31:28 AM PDT by Regulator
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To: SeekAndFind

In anywhere but a socialist country, they’d know how to convert the largest proven oil reserves in the world into all the electricity which they need.


3 posted on 04/07/2016 7:32:15 AM PDT by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: SeekAndFind

The future of the USA once Bernie and maybe Hildabeast are president.

At least the cattle cars will run on time!


4 posted on 04/07/2016 7:33:43 AM PDT by Ruy Dias de Bivar
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To: SeekAndFind

That plan just sounds wrong just on the face of it.


5 posted on 04/07/2016 7:34:20 AM PDT by V_TWIN
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To: Regulator

Seems being overweight is not just a problem in America


6 posted on 04/07/2016 7:34:37 AM PDT by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: SeekAndFind

Bernie sees Venezuela as a model socialist country.


7 posted on 04/07/2016 7:34:41 AM PDT by Blood of Tyrants (Liberals are the Taliban of America, trying to tear down any symbol that they don't like.)
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To: SeekAndFind

Socialism Bernie!!! and all you college freaks!!


8 posted on 04/07/2016 7:35:04 AM PDT by dp0622 (The only thing an upper crust conservative hates more than a liberal is a middle class conservative)
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To: Vigilanteman

I remember friends from Venezuela 35 years ago bragging about how great they had it with gas @ 15 cents a gallon....


9 posted on 04/07/2016 7:35:12 AM PDT by treetopsandroofs (Had FDR been GOP, there would have been no World Wars, just "The Great War" and "Roosevelt's Wars".)
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To: dp0622

RE: Socialism Bernie!!! and all you college freaks!!

Bernie’s response: “A 4 day work week? What’s not to like?”


10 posted on 04/07/2016 7:38:02 AM PDT by SeekAndFind
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To: SeekAndFind
"...as part of an emergency plan to save electricity..."

Save electricity?

You can't save electricity.

You can "not use" electricity, but you can't save it.

Isn't the "shelf life" of electricity about two seconds or so?

11 posted on 04/07/2016 7:38:06 AM PDT by skimbell
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To: SeekAndFind

Venezuela feels the Bern!


12 posted on 04/07/2016 7:41:07 AM PDT by fungoking (40% share for a TV show is a hit; in the 2016 election it a loss in a landslide, hello Pres Hillary)
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To: SeekAndFind

Socialism (Communism) has never, ever worked. The people are delivered up to misery and the succeeding generations get used to it.

Cuber is a good example. Venezuela and Greece are other examples.


13 posted on 04/07/2016 7:41:55 AM PDT by HomerBohn (Liberals and slinkies: they're good for nothing, but you smile as you shove them down the stairs.)
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To: SeekAndFind

The bad news is that Mondays will now follow Fridays.................


14 posted on 04/07/2016 7:48:03 AM PDT by Red Badger (The Left doesn't like him and the Right doesn't like him, so he must be the right guy for the job...)
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To: SeekAndFind

“When in trouble
When in doubt
Run around
Scream and shout.”


15 posted on 04/07/2016 7:48:25 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: manc

Starchy foods, a hallmark of poor countries.................


16 posted on 04/07/2016 7:48:41 AM PDT by Red Badger (The Left doesn't like him and the Right doesn't like him, so he must be the right guy for the job...)
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To: SeekAndFind

17 posted on 04/07/2016 7:49:50 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: SeekAndFind

Bernie’s roll model country. Want’s to import it here.


18 posted on 04/07/2016 7:50:54 AM PDT by SkyDancer ("Nobody Said I Was Perfect But Yet Here I Am")
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To: SeekAndFind

I wonder how long before Maduro figures out he can blame it all on Global Warming and the USA.


19 posted on 04/07/2016 7:51:19 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: RightGeek

http://www.eluniversal.com/nacional-y-politica/160213/drought-a-predictable-crisis


20 posted on 04/07/2016 7:54:02 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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