Posted on 07/26/2014 9:26:36 AM PDT by Oldeconomybuyer
CARACAS - Venezuela's ruling Socialist Party began a six-day congress on Saturday with President Nicolas Maduro seeking to quieten hardliners who believe the state is failing to stem corruption or fix the economy.
Venezuela has the highest inflation rate in the continent at 62 percent in the 12 months to June.
A Byzantine currency control system, with official rates ranging from 6.3 to 50 bolivars to the dollar and a black market level of 80, is creating price distortions, stimying private business and earning huge sums for those playing the system.
Shortages of basics continue across the nation, while electricity and water cuts are also angering Venezuelans.
"The daily life of working people has become a Calvary," said one disgruntled 'Chavista' group called Socialist Tide, lambasting "scandalous" graft and government policy paralysis in a paper ahead of the congress.
(Excerpt) Read more at reuters.com ...
Yes, another in a long, long line of socialist failures.
earning huge sums for those playing the system.
And that of course would be those within the system
who know before hand what is about to happen.
It’s kind of like how congressmen go home rich.
Gawd, that picture says it all.
LOL. That must be photoshopped. What a hoot.
If Obama succeeds with his massive open borders invasion, he will bring this here, as well.
LOl, In light of the fact that old Norton woman telling Americans we have “no right to know what goes on in the government”.
That is one little honesty that slipped out.
ahhh yes, the concentrated blessings of Socialism...
Nancy Pelosi looks like Ma Barker in that picture. All she needs is a Beret, a cigarette, and a sub-machine gun leaning on her left shoulder, holstered, with business end pointed up.
Ma Barker was more honest and did less damage than Ma Pelosi.
Love that pose Harry. Missing the pine box though.
My Dad was so old fashioned. He told me, “Live your life so that you won’t be ashamed to look yourself in the eye every morning when you shave.”
Well, every morning, Nancy Pelosi shaves off her whiskers and she isn’t feeling bad.
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