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Venezuela: how the socialist paradise turned into debt and hyperinflation hell
The Telegraph ^ | May 21, 2016 | Szu Ping Chan

Posted on 05/21/2016 8:28:46 AM PDT by yoe

They call them bachaqueros. Venezuela’s army of black market shoppers descend every day at dawn outside Caracas’s biggest stores.

They stand for hours in the blistering heat, motivated not by hunger, but profit.

Half-empty shelves in most shops means goods bought at government-controlled prices can be sold at a significant mark-up.

[snip]Led by Hugo Chávez, the country’s firebrand former president, the country embarked on a wave of expropriation and redistribution with the charismatic leader offering cut-price fridges, appliances and even new homes to poor Venezuelans.

Chávez wanted to create a socialist paradise, an ideology that has been reinforced by his successor Maduro following his death in 2013.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Politics/Elections
KEYWORDS: maduro; socialisthell; venezuelacollapse
Obama has been doing the expropriation and redistribution from the time he took office...we're set for the "perfect socialist storm" should either Socialist, Clinton or Sanders be elected.....Hillary is every bit a Socialist/Marxist as Bernie.
1 posted on 05/21/2016 8:28:46 AM PDT by yoe
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To: yoe
Led by Hugo Chávez, the country’s firebrand former president, the country embarked on a wave of expropriation and redistribution with the charismatic leader offering cut-price fridges, appliances and even new homes to poor Venezuelans.

Hugo led the perfect Marxist's life.

He lived the fantasy of Marxism and died before the reality caught up with him.

2 posted on 05/21/2016 8:39:18 AM PDT by oldbrowser (The republican party is the voters, not the politicians.)
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To: yoe

And the flood of poor immigrants and inner city dependents will vote for this every time. Ignorant people still think there is such a thing as a free lunch.


3 posted on 05/21/2016 9:21:34 AM PDT by Pining_4_TX (All those who were appointed to eternal life believed. Acts 13:48)
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To: yoe

Whenever the legislators endeavor to take away and destroy the property of the people, or to reduce them to slavery under arbitrary power, they put themselves into a state of war with the people, who are thereupon absolved from any further obedience. ~ John Locke 1690


4 posted on 05/21/2016 9:27:47 AM PDT by griswold3 (Just another unlicensed nonconformist in am dangerous Liberal world.)
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To: oldbrowser

Wrong. Reality caught up with him the moment he died. He came face to face with Stalin and the rest at that moment.


5 posted on 05/21/2016 9:33:01 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so that others don't have to do it for you.)
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To: oldbrowser
Hugo led the perfect Marxist's life.

I love quoting myself:

The primary beneficiaries of a socialist program are the socialist politicians. The secondary are the bureaucracies, and tertiaries are the supposed recipients. Everything after is fluff.

6 posted on 05/21/2016 9:41:35 AM PDT by VRW Conspirator (American Jobs for American Workers.)
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To: yoe
Socialism turned a prosperous country overflowing with oil into a mass of walking human skeletons ripping each other for shreds of food and toilet paper. The Apocalypse is upon Venezuela and they the democrats want socialism to do this the USA and it will
7 posted on 05/21/2016 10:21:03 AM PDT by Democrat_media ( Only Trump will stop TPP and China and the socialist illegals' invasion of the USA w Wall!)
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To: yoe

It’s REALLY easy to determine why in 1 word: socialism.
No other explanation needed.


8 posted on 05/21/2016 10:21:13 AM PDT by vpintheak (Freedom is not equality; and equality is not freedom!)
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To: yoe

They ran out of other peoples money.


9 posted on 05/21/2016 10:24:34 AM PDT by blam (Jeff Sessions For President)
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To: yoe

This article comes from England, where I’m sure the author thinks they do socialism correctly.


10 posted on 05/21/2016 11:12:51 AM PDT by SpaceBar
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To: SpaceBar
Reading some quotes from the article, doesn't seem sugar coated at all. This sounds all too familiar as part of the U.S. Democrat playbook...for instance:

1 Backing quotas for hiring based on other than competence.

2 Exorbitant taxing for redistribution to favored groups.

3 Regulation imposed from above to constrain options and foster dependence on bureaucratic authority.

Excerpt from article:

Many Venezuelans have already left the country, including Francisco Flores. “Venezuela has taken good working companies, given them to the poor but not equipped them with the skills to run them so they go bankrupt,” he says.

“That’s just a recipe for destroying a country.”

The NHS therapist, who now lives in London, says the regime is based on a principle of keeping everyone “equal but poor”.

“This way, the state becomes a nanny and everyone loses the power to do anything because they are so dependent on it.”

11 posted on 05/21/2016 2:12:38 PM PDT by Ozark Tom
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To: yoe

Easy...hilltards and berntards with an obozo pResidency encouraging them to be all that they could be.


12 posted on 05/21/2016 5:51:18 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: oldbrowser

And Hugo died in bed after submitting himself to Cuban socialist doctors to treat his cancer. Of course they completely screwed that up. Near the end he must have had some insight on where he was going, as he whimpered “please don’t let me die” as the demons came to drag him down to hell.


13 posted on 05/21/2016 5:54:10 PM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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