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Keyword: venezuela

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  • Why Bernie Sanders would be an exccellent president [ZOT! Feel the bern]

    08/28/2016 10:57:48 AM PDT · by montypythonsflyingcircus · 116 replies
    Jeff P
    Bernie Sanders offers a real solution that the current condidates wont have. Bernie Sanders would first of all return tax levels to the way they were in the 1950s, tax the rich 90% and use the massive massive massive surplus from that tax to create jobs for the unemployed. One trillion should be paid for rebuilding infrastructure and bridges and creating jobs. Another trillion will be used to create new healthcare opertunety for workers to earn doctors degrees and to heal the sick and poor. Bernie sanders will also create government funded industries and factories that will create paying jobs...
  • Exclusive: Venezuela's oil imports slump on payment woes, economic meltdown

    08/28/2016 9:18:41 PM PDT · by 2ndDivisionVet · 37 replies
    Reuters ^ | August 25, 2016 | Marianna Parraga
    Venezuela has not been able to import all the crude and fuel it needs this year to cover shortfalls at oilfields and refineries as state-run PDVSA struggles to pay suppliers on time, according to trade sources and internal company data seen exclusively by Reuters. The decline is the largest in five years as the worst economic crisis in decades undermines PDVSA's ability to buy oil imports, which fell 21 percent in the first seven months of this year to 154,465 barrels per day (bpd), the data showed. Venezuela is also on track to suffer its steepest annual oil output drop...
  • A General of Rice? Venezuela Creates 18 Food Czars to Combat Shortages

    08/25/2016 2:54:22 PM PDT · by fella · 23 replies
    Panam Post ^ | 25 August 2016 | Sabrina Martin
    Eighteen Foods and Medical Goods to Receive General Leadership Venezuela will be appointing a “general” for 18 foods that are scarce in the country, officials announced Wednesday, August 24. The announcement was made by Defense Minister Vladimir Padrino Lopez, who who was recently given power over the economy by President Nicolás Maduro. “I have assigned a general, along with a civilian-military team, for each food item,” the minister said. “A general or admiral will be chief of rice and will display on a map everything related to production, importation and commercialization.” Padrino, in charge of the “Great Sovereign Mission for...
  • In Miami, Recently Arrived Venezuelans Face Desperate Times

    08/25/2016 8:26:30 AM PDT · by Brilliant · 10 replies
    NBC News ^ | Aug 24 2016 | Carmen Sesin
    With no job, just 50 cents...having run out of acquaintances with whom to stay, 26-year-old Carlos is facing the grim reality that he may have to sleep on the street... Since he arrived to Miami... he has only managed to find a couple of temporary jobs... "I have been eating one meal a day," Carlos said... Like many Venezuelans, Carlos said he could no longer live in a country where the collapsed economy, soaring inflation, food shortages and rampant crime have erased the middle class life he and his family once had. In the past couple of years an increasing...
  • Venezuela Confirms Plan to Purge State Workers Who Signed Recall [Bloomberg Link Only]

    08/24/2016 8:41:51 AM PDT · by C19fan · 9 replies
    Bloomberg [Link in Thread Body] ^ | August 23, 2016 | Fabiola Zerpa
    link
  • Breadline aficionado Bernie Sanders in mourning as Venezuela bans breadlines

    08/23/2016 2:58:15 PM PDT · by Sean_Anthony · 15 replies
    Canada Free Press ^ | 08/23/16 | Robert Laurie
    It's a sad day for socialists everywhere You may recall that the Bernie Sanders - the wealthy, multi-homed, socialist that he is - has a “thing” for breadlines. As he famously said: “It’s funny; sometimes American journalists talk about how bad a country is, that people are lining up for food. That is a good thing. In other countries, people don’t line up for food: the rich get the food and the poor starve to death.” Bernie’s also had a lifelong affinity for the glorious socialist uprisings throughout South America and in Cuba. You and I might laugh at this,...
  • With New Wage Increase, Venezuela Braces for Worsening Inflation, Layoffs

    08/21/2016 3:38:03 PM PDT · by fella · 36 replies
    Panam Post ^ | 19 August 2016 | Sabrina Martin
    President Nicolás Maduro Raises Minimum Wage 50 Percent Venezuela’s national minimum wage was raised 50 percent this week, but experts warned President Nicolás Maduro the increase could result in closures to small businesses. During a national radio and television broadcast, the president said the minimum wage will be set at VEF $22,076 (US $2,218) monthly, while the food bonus will be VEF $42,480 (US $4,269). Maduro has bragged in the past about the 14 increases in minimum wage made over the last three years, but fails to address that the country faces the highest inflation in the world. Economists predict...
  • Venezuela Is Collapsing and the Left Is Afraid to Admit Why

    08/19/2016 6:03:42 PM PDT · by Extremely Extreme Extremist · 54 replies
    CNSNEWS.COM ^ | 02 JUNE 2016 | DANIEL MITCHELL
    I feel sorry for the Venezuelan people, but I’m perversely glad that the country is collapsing. That’s because it’s nice to have proof that Margaret Thatcher was right when she famously warned that the problem with socialism is that you eventually run out of other people’s money. To be sure, we already had proof from Greece, France, the Soviet Union, Brazil, and many other places. But it’s still nice to have another piece of evidence that big government eventually produces very dire results.
  • Starving Venezuelans Break Into Zoo, Eat Horse Vietnamese pigs, and Sheep

    08/18/2016 11:10:21 AM PDT · by drewh · 40 replies
    Truth Revolt/Fusion ^ | Sarah Fisher | 8.18.2016
    The economic crisis in Venezuela continues to worsen, starving citizens broke into a zoo and slaughtered a horse to eat it. Several people busted into the Caricuao Zoo in Caracas and then butchered the zoo's stallion. According to Fusion.net, prosecutors say the horse was the only one of its kind in the zoo, before it was killed. It is thought that only its head and ribs were left behind in a pile for the zookeepers to find the next morning. However, it is not the first instance of animals being taken from the zoo, with Vietnamese pigs and sheep also...
  • Venezuelan Government Further Disarming Citizens By Crushing Guns, Registering Ammo

    08/18/2016 8:50:52 AM PDT · by rktman · 21 replies
    townhall.com ^ | 8/18/2016 | Katie Pavlich
    "We are going to bring disarmament and peace," Reverol told reporters, while police officers drilled and sawed at rusty shotguns, home made pistols and some newer weapons. While the Venezuelan government and liberal western media will frame this move as an effort to reduce crime, it's about keeping the citizenry defenseless against the government in a time of complete societal breakdown. The government has come for guns belonging to Venezuelans before in the name of "safety," coupled with promises of lower crime. Both lies. Over to you, Gabby Franco:
  • Desperate Venezuelans break into a zoo and slaughter a horse for meat as crisis continues

    08/18/2016 8:13:31 AM PDT · by Altura Ct. · 44 replies
    Daily Mail ^ | 8/18/2016
    Several starving people forced their way in Caricuao Zoo in Caracas They broke into a stallion's pen before butchering the horse for meat All that was left was a pile of the horse's ribs and it head on the ground Venzuela is in the grip of a economic crisis that has led to food shortages Starving Venezuelans have broken into a zoo and slaughtered a horse for its meat as a crippling economic crisis has left thousands without food. It is believed several people forced their way into Caricuao Zoo in Caracas and busted the stallion's pen before butchering it....
  • Spanish Marxist Professor Alfredo Serrano Is the Man Behind Venezuela’s Economic Mess

    08/17/2016 7:33:15 PM PDT · by fella · 10 replies
    Panam Post ^ | 16 Aug 2016 | Orlando Avendano
    Maduro Places Confidence in a Spanish Marxist Professor He Calls 'the Jesus Christ of the Economy The main culprits of the most radical measures taken by the Venezuelan government come from Spanish politician Alfredo Serrano Mancilla, according to Spanish Adviser to President Nicolás Maduro Deputy Carlos Valero. Valero told the newspaper ABC in Spain that Serrano “is the author of the latest and most radical economic measures undertaken by the Chavistas, who have only managed to impoverish the country.” Expropriations, the seizure of businesses, “urban agriculture” on balconies, the soviet supply system and forced employment in the public agriculture sector...
  • Venezuela crushes 2,000 guns in public, plans registry of bullets

    08/17/2016 4:48:34 PM PDT · by ColdOne · 67 replies
    reuters.com ^ | 8/16/16 | reuters
    Venezuelan police crushed and chopped up nearly 2,000 shotguns and pistols in a Caracas city square on Wednesday, as the new interior minister relaunched a long-stalled gun control campaign in one of the world's most crime-ridden countries. Interior Minister Nestor Reverol said the event marked the renewal of efforts to disarm Venezuelans, through a combination of seizures and a voluntary program to swap guns for electrical goods.
  • Venezuelans flood Brazil border in 36-hour grocery run

    08/10/2016 3:03:34 PM PDT · by dynachrome · 13 replies
    Reuters ^ | 8-10-16 | BRIAN ELLSWORTH
    Government employee Jose Lara this month used some vacation days to take a long scenic bus ride through the verdant plateaus and sweeping savannas of southern Venezuela, but the trip was anything but a holiday. It was a 36-hour grocery run. Lara took an overnight bus and then a pick-up truck to get across the border to neighboring Brazil to buy food staples that have gone scarce in Venezuela's crisis-stricken economy. "Workers can't even enjoy vacation anymore. Look where I am! Buying food for my children," said Lara, 40, who was preparing to load 30-kilo (66-pound) packages of rice and...
  • Venezuela’s death spiral is getting worse

    08/10/2016 2:23:24 PM PDT · by detective · 59 replies
    The Washington Post ^ | August 8, 2016 | Matt O'Brien
    Venezuela is stuck in a doom loop that's become a death spiral. Its stores are empty, its people are starving, and its government is to blame. It has tried to repeal the law of supply and demand, and, in the process, eliminated any incentive for businesses to actually sell things. The result is that the country with the largest oil reserves in the world now has to resort to forced labor just to try to feed itself. It gives new meaning to the revolution devouring its own.
  • Venezuela’s Hyperinflation Sees Record Highs of Bitcoin Use

    08/10/2016 11:50:00 AM PDT · by amorphous · 5 replies
    Crytocoinnews.Com ^ | 8 August 2016 | Rebecca Campbell
    The month of July saw a high number of bitcoin transactions in Venezuela with August achieving a new record high as more people turn to the digital currency as the country continues to tackle the inflation of Bolivar. Venezuela is a country that is blighted by hyperinflation. According to the International Monetary Fund (IMF), Venezuela is projected to remain in a deep recession in 2016. Compared to contraction rate of 5.7 percent in 2015, 2016 saw a rise of 8 percent. Political uncertainty and the decline in the price of oil are factors affecting macroeconomic imbalances and pressures. The IMF...
  • It was once the richest country in Latin America. Now it’s falling apart

    08/10/2016 10:03:22 AM PDT · by OddLane · 51 replies
    Time Magazine ^ | August 9, 2016 | Iaon Grillo
    In Venezuela the food lines are only the most visible evidence of a nation in free fall. Known as las colas, the lines form before dawn and last until nightfall, several bodies thick and zigzagging for miles in leafy middle-class neighborhoods and ragged slums alike. In a country that sits atop the world’s largest known petroleum reserves, hungry citizens wait on their assigned day for whatever the stores might stock: with luck, corn flour to make arepas, and on a really good day, shampoo. “I never dreamed it would come to this,” says Yajaira Gutierrez, a 41-year-old accountant, waiting her...
  • Witnessing a ‘Complete Collapse of Society’ in Venezuela

    08/09/2016 2:29:40 PM PDT · by Oldeconomybuyer · 90 replies
    TIME ^ | August 9, 2016 | by Olivier Laurent
    Alvaro Ybarra Zavala puts it bluntly: “Venezuela has become hell.” The photographer had just returned from one of his latest trips to the South American nation when he talked to TIME, and he was visibly affected by the chaos he had witnessed there. “There’s a complete collapse of society,” he said. Once an example for the continent, Venezuela is now a country in freefall. “It’s hard to find food, there’s no medicine,” said Ybarra Zavala. “If you have to have surgery, you need to bring everything with you: the bandages, the gloves, everything. There are no anesthetics.” Ybarra Zavala was...
  • Hunger haunts Venezuela, especially its children

    08/06/2016 5:42:46 AM PDT · by C19fan · 16 replies
    Miami Herald ^ | August 5, 2016 | Antonia Maria Delgado
      LinkedIn  Google+  Pinterest  Reddit  Print Order Reprint of this Story  Malnourished children who faint in class. Children who, in the worst cases, die from hunger, their bodies nothing but skin and bones, the outlines of their ribs visible. Images like those have become common in Venezuela, where critical food shortages are pushing hundreds of thousands of children under a blanket of misery and hunger more often seen in the poorest countries in Africa.
  • Going Hungry in Venezuela [video shows supermarket customers waiting in line for 12 hours]

    08/04/2016 4:21:17 PM PDT · by grundle · 9 replies
    YouTube ^ | June 2016 | BBC video - 22 minutes long
    https://www.youtube.com/watch?v=P-bef4NkNP8
  • [A BBC reporter was] Thrown out of a Venezuelan supermarket by police [12 hour wait]

    08/04/2016 3:48:54 PM PDT · by grundle · 2 replies
    BBC ^ | July 28, 2016
    Shortages and the failure of systems to distribute goods make shopping for the essentials of daily life a huge challenge for many Venezuelans. In one supermarket, where shoppers have been queuing for up to 12 hours to buy food, BBC reporter Vladimir Hernandez is surrounded by police and told to leave. The crowd of shoppers shouts, "Let them film!" but the police threaten to hold the crew overnight in a police cell unless they delete their footage.
  • Socialist experiment' Venezuela in ruins as soldiers delete videos of 12-hour food queues

    08/03/2016 2:26:05 PM PDT · by dynachrome · 37 replies
    Daily Express ^ | 8-3-16 | JOE BARNES
    A BBC journalist, who attempted to film the crisis, was stopped and forced by soldiers to delete footage of a protest outside a supermarket as desperate Venezuelans waited for food. Baying crowds shouted “We want to buy stuff!” as they grouped outside the store in the country’s capital, Caracas. BBC journalist Vladimir Hernandez reports that many people approached him to say they had queued forIn the short clip, the crew are warned by a demonstrator that they have been spotted by members of the Venezuelan army. They are soon surrounded by soldiers as the crowd screams: “Let them film!” Soldiers...
  • Venezuela: Where flour, pasta and milk can cost a month's pay

    08/03/2016 6:04:18 AM PDT · by C19fan · 30 replies
    CNN ^ | August 2, 2016 | Flora Charner and Rachel Clarke
    Three basics people all around the world have in their kitchens. Three staples always in stock in groceries and supermarkets for any home cook looking to rustle up a family meal, pancakes or a quick, nutritious drink. But in Venezuela, you can get these products only if you're lucky or have the connections and the cash. A lot of cash.
  • Venezuelan Government: You Are To Leave Your Jobs For 60 Days To Work In the Fields

    08/02/2016 3:22:57 PM PDT · by Roman_War_Criminal · 35 replies
    Townhall ^ | 8/1/2016 | Matt Vespa
    We all know that Venezuelan socialism has been a total disaster. People were reportedly eating dogs, cats, and birds for sustenance. Crime was spiking. Inflation is out of control—and there is what could only be described as gladiatorial battles to get the most basic supplies at the supermarkets. Energy shortages have led to rolling blackouts. Toilet paper is now a luxury item. Access to medicine has been a nightmare, with the country’s entire hospital system operating in deplorable conditions. It’s so bad that some places don’t have gloves or soap. Of course, many Venezuelans have resorted to looting to survive.
  • More Than 50 Animals Starve to Death in Venezuela's Zoos

    08/01/2016 7:36:24 PM PDT · by Tolerance Sucks Rocks · 22 replies
    PJ Media ^ | July 31, 2016 | Paula Bolyard
    At least 50 animals have died in the last six months at the Caricuao zoo in Caracas, Venezuela, due to widespread food shortages that are affecting both man and beast in the socialist nation. Marlene Sifontes, a union leader for employees of state parks agency Inparques which oversees zoos, told Reuters that the zoo lost Vietnamese pigs, tapirs, rabbits and birds after the animals went weeks without eating. Others animals at the zoo are in danger of severe malnutrition. Lions and tigers, which should be on a carnivorous diet, are being fed mango and pumpkin just to get something in...
  • Venezuela's top officials sport luxury watches while the rest of country starves

    08/01/2016 12:25:35 PM PDT · by Blood of Tyrants · 18 replies
    FoxNews ^ | 8/1/16 | Franz von Bergen
    Caracas, Venezuela – In Spanish there is an old saying that goes something like this: “Tell me what you brag about, and I'll tell you what you lack." In today’s Venezuela, the folksy saying seems confirmed. While the socialist government officials often rant about “equality,” “austerity” and “anti-imperialism,” the expensive watches Chavistas flaunt, along with their travels, tell a whole different story about what their priorities are after hours. Launched in 2014, the blog Relojes del Chavismo (Chavismo's Watches) has posted more than 150 pictures of high-ranking officials wearing all sorts of expensive watches, mostly Swiss made. The list of...
  • Venezuela has a new 'forced labor' law that can require people to work in field

    07/31/2016 4:35:50 AM PDT · by Enlightened1 · 96 replies
    Vice.com ^ | July 28, 2016
    Socialism is just great, isn’t it? Venezuela has been having a major food crisis for months and now might force its own people to do farm labor.   Vice News reported:Venezuela has a new ‘forced labor’ law that can require people to work in fieldsInternational human rights activists are complaining that new laws have introduced forced labour in Venezuela.   “A new decree establishing that any employee in Venezuela can be effectively made to work in the country’s fields as a way to fight the current food crisis is unlawful and effectively amounts to forced labor,” Amnesty International said in...
  • How much they spent on the big cake "birthday" of Hugo Chavez

    07/30/2016 8:30:12 AM PDT · by dynachrome · 15 replies
    informe21.com ^ | 7-29-16 | Informe21
    In the midst of economic crisis, the government a lot of money is spent on a cake for the "birthday" of Hugo Chavez, in a "celebration" that was held Thursday at the CDLM (Cuartel Mountain, January 23, Caracas) and also it included singers to llanera music. At least 1.20 meters and 90 kilos more ingredients were required for the "architectural replica" of the headquarters of the mountain that ended in the "whiskers" of Nicholas. Below is a list of the budget for the cake of "absent": Kilo of wheat flour: Approximately 2,000 Bolivars (Second-hand in Catia or Petare, by shortages)....
  • Venezuela's new decree: Forced farm work for citizens

    07/30/2016 4:37:55 AM PDT · by Islander7 · 68 replies
    CNN Money ^ | 7/29/2016 | by Patrick Gillespie, Rafael Romo and Osmary Hernandez
    A new decree by Venezuela's government could make its citizens work on farms to tackle the country's severe food shortages. That "effectively amounts to forced labor," according to Amnesty International, which derided the decree as "unlawful." In a vaguely-worded decree, Venezuelan officials indicated that public and private sector employees could be forced to work in the country's fields for at least 60-day periods, which may be extended "if circumstances merit."
  • Venezuela’s socialist government adopts forced labor law

    07/29/2016 6:28:09 PM PDT · by 2ndDivisionVet · 33 replies
    Hot Air ^ | July 29, 2016 | John Sexton
    Venezuela’s President Nicolas Maduro has a plan to “guarantee food supply, social justice, and democracy.” As with most of Maduro’s plans, it will accomplish none of those things. Vice News reports: “A new decree establishing that any employee in Venezuela can be effectively made to work in the country’s fields as a way to fight the current food crisis is unlawful and effectively amounts to forced labor,” Amnesty International said in a statement released on Thursday. President Nicolás Maduro signed a decree at the end of last week that gives powers to the labor ministry to order “all workers from...
  • Venezuela has a new 'forced labor' law that can require people to work in fields

    07/29/2016 7:02:04 AM PDT · by bkopto · 47 replies
    Vice News ^ | 7/28/2016 | Alan Hernández
    International human rights activists are complaining that new laws have introduced forced labour in Venezuela. "A new decree establishing that any employee in Venezuela can be effectively made to work in the country's fields as a way to fight the current food crisis is unlawful and effectively amounts to forced labor," Amnesty International said in a statement released on Thursday. President Nicolás Maduro signed a decree at the end of last week that gives powers to the labor ministry to order "all workers from the public and private sector with enough physical capabilities and technical know-how" to join a government...
  • FIFTY animals starved to death in Venezuelan zoo: Beasts left to die because economic crisis [tr]

    07/28/2016 9:10:18 AM PDT · by C19fan · 21 replies
    UK Daily Mail ^ | July 28, 2016 | Thomas Burrows
    Fifty animals have died of hunger in one of Venezuela's main zoos because of a chronic shortage of food. The fatalities at the Caricuao zoo in Caracas include Vietnamese pigs, tapirs, rabbits and birds, some of whom had not been fed for two weeks. In other cities in the country, zoos are reported to be in a worse situation, forced to ask for donations of fruit, vegetables and meat from local businesses. The South American nation is in the grip of a severe economic crisis which has led to food shortages and looting in some areas.
  • Venezuelans cried at the sight of fully-stocked supermarket shelves in Colombia.

    07/20/2016 10:27:38 AM PDT · by Red Badger · 62 replies
    money.cnn.com ^ | July 20, 2016: 11:56 AM ET | by Patrick Gillespie, Rafael Romo contributed
    Pregnant women, children and even elderly Venezuelans crossed into Colombia on Sunday after the border was temporarily reopened, allowing them to buy basic foods and toiletries -- rare commodities in their home country. Tearful Venezuelans had gone weeks without basic food items like milk, flour and toilet paper. It's a sad but common part of daily life today in crisis-ridden Venezuela, a country that has the world's largest proven reserves of oil. Colombian officials estimate that about 100,000 Venezuelans crossed the border. Venezuela is expected to dive deeper into the abyss this year, according to new projections published Wednesday by...
  • Venezuela’s inflation is set to top 1,600% next year

    07/18/2016 7:57:48 AM PDT · by C19fan · 18 replies
    Marketwatch ^ | July 18, 2016 | Ian Talley
    While most advanced economies struggle to lift inflation, none would want Venezuela‘s situation: Consumer-price inflation is forecast to hit 480% this year and top 1,640% in 2017, according to the International Monetary Fund. A shortage of medical supplies means infants and other sick patients are dying of treatable illnesses. Soldiers guard empty grocery store shelves. Inflation is so bad, the government has had to order bolivars by the planeload.
  • 100,000 Venezuelans cross border shopping for scarce food

    07/17/2016 4:13:25 PM PDT · by Olog-hai · 31 replies
    Associated Press ^ | Jul 17, 2016 5:42 PM EDT | Hannah Dreier
    Almost 100,000 Venezuelans, some of whom drove through the night in caravans, crossed into Colombia over the weekend to hunt for food and medicine that are in short supply at home. It was the second weekend in a row that Venezuela’s socialist government opened the long-closed border with Colombia, and by 6 a.m. Sunday, a line of would-be shoppers snaked through the entire town of San Antonio del Tachira. Some had traveled in chartered buses from cities 10 hours away. Venezuela’s government closed all crossings a year ago to crack down on smuggling along the 1,378-mile (2,219 kilometer) border. It...
  • We’re Witnessing A Complete Breakdown In Western Values

    07/15/2016 4:59:58 AM PDT · by blam · 10 replies
    Sovereign Man ^ | 7-14-2016 | Simon Black
    Simon Black July 14, 2016 Moscow, Russian Federation Two months ago I was with the former President of Colombia, Alvaro Uribe, at his home outside of Medellin. He was telling me some hilarious stories about his interactions in the early 2000s with Hugo Chavez, who had recently seized power in Venezuela. Chavez was a fanatic socialist. He believed so strongly in the idea of redistributing wealth from rich to poor. Yet even when it was clear his policies weren’t working and Venezuela was rapidly sliding into economic chaos, Chavez’s only solution was to double down and redistribute even MORE wealth....
  • Venezuela army deployed to control food production and distribution

    07/14/2016 5:51:57 AM PDT · by C19fan · 18 replies
    BBC ^ | July 13, 2016 | Staff
    In a decree, President Nicolas Maduro has ordered the army to monitor food processing plants, and co-ordinate the production and distribution of items. Venezuela is going through a deep economic crisis despite having the world's largest oil reserves.
  • This Is What Happens To Car Sales In A "Socialist Utopia" (243 sold in June! LOL)

    07/13/2016 2:49:11 PM PDT · by dynachrome · 15 replies
    Zero Hedge ^ | 7-13-16 | Tyler Durden
    Before the 'election' of President Maduro, Venezuelan domestic car sales were in the 8 to 10,000 range per month. Since Maduro's election things have gone south fast in the socialist utopia...
  • Venezuela Now a Military Dictatorship (RUMINT: Military about to move on Maduro)

    07/13/2016 12:28:34 PM PDT · by DCBryan1 · 68 replies
    The New American ^ | 13 JUL 16 | Bob Adelman
    Venezuela’s Marxist President Nicolás Maduro (shown, left) closed the loop on Monday night, declaring under powers granted to himself by his “emergency decree” announced in January (later to be declared “constitutional” by his hand-picked Supreme Court) that his new Great Sovereign Supply Mission would be run by the country’s defense minister, Vladimir Padrino López (shown, right). Maduro put everything that moves into the hands of Padrino: "All the ministries, all the ministers, all the state institutions are at the service [of] and in absolute subordination [to the new mission]." Padrino, the head of Venezuela’s armed forces, now will be in...
  • Citibank to close certain Venezuela accounts

    07/12/2016 5:04:05 PM PDT · by dynachrome · 3 replies
    Reuters ^ | 7-12-16 | Sruthi Shankar
    Due to strict currency controls in place since 2003, the Venezuelan government relies on Citibank for foreign currency transactions.
  • Venezuela Seizes Local Kimberly-Clark Factory

    07/11/2016 6:56:51 PM PDT · by dynachrome · 107 replies
    Zero Hedge ^ | 7-11-16 | Tyler Durden
    Just hours after Kimberly-Clark, the consumer-products giant that owns Kleenex and Huggies, said it will shutter its Venezuela operations after years of grappling with soaring inflation and a shortage of hard currency and raw materials, Venezuela retaliated by announcing it would seize the factory. Over the weekend, Kimberly-Clark said that the South American nation’s deteriorating economic situation had made “it impossible to continue our business at this time." The company had made a number of hard-to-find staples in Venezuela such as diapers and face tissues.
  • Venezuela’s democratic façade has completely crumbled (Hugo Chavez's Long Con)

    07/10/2016 6:14:45 AM PDT · by doghorse · 36 replies
    Washington Post ^ | 7/1/16 | Moisés Naim and Francisco Toro
    Not long ago, the regime that Hugo Chávez founded was an object of fascination for progressives worldwide, attracting its share of another-world-is-possible solidarity activists. Today, as the country sinks deeper into the Western Hemisphere’s most intractable political and economic crisis, the time has come to ask some hard questions about how this regime — so obviously thuggish in hindsight — could have conned so many international observers for so long.
  • Venezuela's Energy Woes Spread to Its Closest Ally: Cuba

    07/09/2016 9:02:34 PM PDT · by Rabin · 17 replies
    Reuters via Rigzone ^ | Friday, July 8, 2016 | Marianna Parraga and Alexandra Ulmer|
    Venezuela's falling crude output and self inflicted financial woes have left it decimated... State-run oil firm PDVSA has slashed oil export to Cuba by 40 percent from the first half of 2015.
  • Crazy Christiane Amanpour

    07/09/2016 10:22:02 AM PDT · by Rummyfan · 24 replies
    NRO ^ | 8 July 2016 | Andrew Badinelli
    She’s a walking parody of an unhinged leftist ‘reporter.’...But even among leftist hacks, Amanpour is a special case: It’s almost as if she’s trying to mock herself — a Trump-is-a-Clinton-plant conspiracy theory, if you will, but in the mainstream media. She referred to devout Christianity as “totalitarian” in her August 23, 2007, CNN profile “Christian Warriors.” But in 2008, she fawned over the “progress” achieved by Fidel Castro, and in 2013 she wished Zimbawean dictator Robert Mugabe a happy birthday. If a higher-profile (read: important) person had such a rich historical cache of commentary, they would have already been driven...
  • New York Times Reporter Uses Takeout Food Excuse to Explain Venezuela Economic Collapse

    07/04/2016 4:39:40 PM PDT · by PJ-Comix · 39 replies
    NewsBusters ^ | July 4, 2016 | P.J. Gladnick
    Takeout food? Yeah! That's just the ticket! It's about as good excuse as consumerism to explain the economic woes of Venezuela. A few weeks ago reporter Nicholas Casey of the New York Times almost completely avoided any mention of socialism and placed the blame for Venezuela's economic woes on a vague "consumerism" during an interview on National Public Radio's Fresh Air as chronicled in Newsbusters by Clay Waters. Since that "consumerism" excuse seems to have been widely mocked, Casey went to bat with an even more laughable excuse, comparing Venezuela's economic woes to someone who has been ordering takeout food for years...
  • Venezuela’s democratic façade has completely crumbled

    07/02/2016 7:17:40 AM PDT · by NRx · 47 replies
    WaPo ^ | 07-01-2016 | Moisés Naim and Francisco Toro
    ...Chávez was either admired as a progressive visionary who gave voice to the poor or dismissed as just another third-world buffoon. Reality was more complex than that: Chávez pioneered a new playbook for how to bask in global admiration even as he hollowed out democratic institutions on the sly.Step one was his deft manipulation of elections. Chávez realized early that, as long as he kept holding and winning elections, nobody outside Venezuela would ask too many questions about what he did with his power in the interim. And so he mastered the paradoxical art of destroying democracy one election at...
  • The Embrace of Socialism -- Despite Its Track Record

    06/30/2016 6:53:42 AM PDT · by Kaslin · 13 replies
    Townhall.com ^ | June 30 | Larry Elder
    One of life's enduring mysteries is why the left -- against overwhelming evidence to the contrary -- insists on more taxation, more government spending and more government control over the private sector. Europe's socialism has, over the last several decades, generated few private sector jobs and lags in growth when compared to the United States with its comparatively lighter hand of government. What does it take to show that, good intentions aside, government bureaucrats cannot spend money as efficiently and as effectively as the people who produce the money? The most recent example is Venezuela. Hugo Chavez's handpicked successor now...
  • Obama Partners with Terror-Sponsoring Castro Family against

    06/29/2016 10:45:58 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | June 29, 2016 | Humberto Fontova
    Some U.S. lawmakers still take their jobs seriously, especially members of the House Committee on Homeland Security. You see, as a crowning component of his fetish for “normalizing” relations with (embracing and subsidizing) the Terror-Sponsoring Castro-Family-Crime-Syndicate (called “Cuba” by Obama and his lapdog mainstream media) President Obama has given rapid and enthusiastic approval for six U.S. airlines to start flying one hundred direct flights a week from nine airports in Terror-Sponsoring Cuba to fifteen airports in our homeland.In light of this, some members of the U.S. House Committee on Homeland Security thought it prudent to check on what security measures...
  • Venezuela government mulls move to dissolve congress

    06/29/2016 7:55:50 AM PDT · by C19fan · 20 replies
    AFP ^ | June 28, 2016 | Hector Velasco
    Venezuela's government is considering asking the high court to dissolve the legislature controlled by President Nicolas Maduro's opponents who are seeking to remove him from office, a spokesman said Tuesday. It was the latest maneuver in a political conflict that has raised tensions in the volatile South American country as it struggles with an economic crisis.
  • Venezuelans are storming supermarkets and attacking trucks as food supplies dwindle

    06/29/2016 5:13:29 AM PDT · by Olog-hai · 61 replies
    Washington Post ^ | June 28, 2016 at 12:31 PM | Joshua Partlow and Mariana Zuñiga
    In the darkness the warehouse looks like any other, a metal-roofed hangar next to a clattering overpass, with homeless people sleeping nearby in the shadows. But inside, workers quietly unload black plastic crates filled with merchandise so valuable that mobs have looted delivery vehicles, shot up the windshields of trucks and hurled a rock into one driver’s eye. Soldiers and police milling around the loading depots give this neighborhood the feel of a military garrison. […] The fight for food has begun in Venezuela. On any day, in cities across this increasingly desperate nation, crowds form to sack supermarkets. Protesters...