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It was once the richest country in Latin America. Now it’s falling apart
Time Magazine ^ | August 9, 2016 | Iaon Grillo

Posted on 08/10/2016 10:03:22 AM PDT by OddLane

click here to read article


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To: catbertz; aMorePerfectUnion; LostInBayport

“Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as sometimes happens) is driven out of a society, the people then slip back into abject poverty.

This is known as “bad luck.”

- Robert Heinlein


21 posted on 08/10/2016 10:29:58 AM PDT by oblomov (We have passed the point where "law," properly speaking, has any further application. - C. Thomas)
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To: OddLane

Final proof of the evil of capitalism - Capitalism works and the fantasy of socialism always fails.


22 posted on 08/10/2016 10:31:50 AM PDT by JimSEA
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To: OddLane

I’ve run into a few Venezuelans who ran away from Comrad Hugo the Horrible.

Engineers & Doctors now serving food at restaurants here in America.


23 posted on 08/10/2016 10:35:32 AM PDT by Roman_War_Criminal (*Convicted of thought crimes by the Left and the Right*)
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To: OddLane

Socialism is a cancer.

It kills everything it touches.


24 posted on 08/10/2016 10:38:55 AM PDT by TexasFreeper2009 (You can't spell Hillary without using the letters L, I, A, R)
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To: OddLane

Socialism truly is death by a thousand cuts...


25 posted on 08/10/2016 10:42:40 AM PDT by Boomer (Socialism is death by a thousand cuts)
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To: OddLane

It is like there had been a natural disaster


Yeah, call it ‘bad luck.’ Socialism comes with some assembly required, but blinders are included.

And for a starving populace, there still looks to be enough obesity to go around.


26 posted on 08/10/2016 11:12:44 AM PDT by sparklite2 ( "The white man is the Jew of Liberal Fascism." -Jonah Goldberg)
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To: OddLane

After reading the article, have to say it us surprising that TIME isn’t making excuses for the Chavista government,


27 posted on 08/10/2016 11:18:58 AM PDT by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: OddLane

Sort of like Zimbabwe


28 posted on 08/10/2016 11:19:43 AM PDT by xp38
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To: OddLane
Venezuela limped along for years under communism. Chavez traded oil for goods to keep his people fed (think of the oil as "other people's money").

What changed? The oil didn't run out. It's still profitable to produce, despite the current glut.

There is demand for consumer goods and resources (oil) to trade for them. Why doesn't supply come in to meet the demand?

I suspect this is a pogram perpetrated against the Venezuelan people - they're being purposely starved and driven out by their own gov't. It's a common thing in totalitarian states - Stalin, Mao, Pol Pot, they all did it. And while it went on, while the common people were dying, the ruling classes got along just fine.

This latest communist purge will end eventually, and the politburo will have fewer enemies and fewer "useless mouths to feed".

A lesson to the masses: when you have no rights, no power, and no weapons, this will happen to you sooner or later.

29 posted on 08/10/2016 11:28:53 AM PDT by ZOOKER (Until further notice the /s is implied...)
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To: OddLane

Let me guess, few people in Venezuela will be blaming SOCIALISM for the problems, and in the USA, noone in the MSM will be blaming socialism at all. There will be excuses all round, just excuses, excuses, excuses.


30 posted on 08/10/2016 11:33:43 AM PDT by I am Richard Brandon
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To: ZOOKER

Great post, ZOOKER. Thanks. BTTT!


31 posted on 08/10/2016 11:35:40 AM PDT by PGalt
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To: OddLane

oil producing problems:

http://blogs.platts.com/2013/11/25/pdvsa-woes/


32 posted on 08/10/2016 11:35:45 AM PDT by Brian Griffin
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To: ZOOKER
-- A lesson to the masses: when you have no rights, no power, and no weapons, this will happen to you sooner or later. --

The vote is not protection. Venezuela has open and free elections, and viable opposition parties.

33 posted on 08/10/2016 11:39:15 AM PDT by Cboldt
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To: JimSEA
Capitalism works and the fantasy of socialism always fails.

The left hijacked the nice word social. There's nothing social about it. It should be called envyism because the economic destruction is driven by envy. The word capitalism is a leftist derogatory term for the free market. It has never required a large amount capital to succeed in a free market.

34 posted on 08/10/2016 11:39:34 AM PDT by Reeses (A journey of a thousand miles begins with a government pat down.)
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To: OddLane

Too much dinero for social programs and graft, not enough to upgrade oil production:

http://www.usatoday.com/story/money/2014/11/02/venezuela/18243787/


35 posted on 08/10/2016 11:40:00 AM PDT by Brian Griffin
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To: OddLane
Chavez's daughter is worth $4.2 Billion. Hillary is envious.

The degree to which "redistribution" turns out to be naked plunder isn't usually quite this visible quite this soon. The difficulty isn't that the poor don't have medicine and electricity, the difficulty is that the thieves have stolen the country's ability to make it for them. The stores are empty because the storerooms are empty because the factories are idle because the wherewithal to run them ended up in some party member's pockets. The smart ones are already operating an exit strategy.

36 posted on 08/10/2016 11:48:56 AM PDT by Billthedrill
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To: LouieFisk
Yeah, but did they get Obamaphones?

Chavezofonos.

37 posted on 08/10/2016 11:49:23 AM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
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To: Opinionated Blowhard; BenLurkin; JimSEA
Ioan Grillo is actually a fantastic British journalist who covers Latin America.

He wrote a great book about the Mexican drug cartels, El Narco, which I reviewed a few years ago.

38 posted on 08/10/2016 12:20:33 PM PDT by OddLane
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To: Zarro

And .. did Bernie use “political donations” to buy his house ..??

Bernie has never held a job .. so has he been putting that kind of money into a personal account somewhere ..??

Curious ..??


39 posted on 08/10/2016 12:40:22 PM PDT by CyberAnt ("Peace Through Strength")
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To: OddLane

Another great example that socialsm works.

At destroying every country it touches.


40 posted on 08/10/2016 12:56:01 PM PDT by Right Wing Assault (Kill TWITTER !! Kill FACEBOOK !! Free MILO !!)
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