Posted on 01/12/2010 10:13:16 PM PST by Cheap_Hessian
CARACAS – President Hugo Chavez called on his supporters over the weekend to stop stores from raising their prices as a result of the devaluation of Venezuela’s currency, which went into effect Monday amid widespread criticism and uncertainty.
“Some of the bourgeois, the oligarchs ... are saying that because of the measures announced Friday, they have to raise all their prices. There’s no way we’re going to accept that!” Chavez said during his weekly program.
“The first thing I’m doing is calling on them not to do it, and on the people not to let themselves be robbed. There’s no reason to increase any prices,” Chavez said Sunday.
At the same time Chavez threatened to expropriate the businesses of speculators, after calling on the military and popular organizations to work together to stop any price increases in stores, many of which were crowded with customers this Sunday amid rumors that product prices were about to skyrocket.
(Excerpt) Read more at laht.com ...
True enough. I remember reading about the Russian people when they first got their first taste of capitalism. They would take an eternity to make a decision with something as seeming simple as which cheese to buy at the local super market. They must have been surprised that there was an alternative to government cheese.
How can prices NOT go up if he devalues his currency?
The man is a nut.
I was listening to a doctor senator being interviewed by Greta tonight when they were finished the thought crossed my mind that we had a mini-coup. There’s total partisonship and no one listening to the people. Greta asked him what theh did...they’ve written health bills themselves and other bills but no one listens to them either. I don’t like it.
People in Venezuela today know what they are losing and are too sheep-like to do anything about it.
This rationing is not because of the lack of rainfall, many of the turbines in that dam are broken. There is no money to fix them, or the transmission lines or the distribution system.
All of that money to be spent on upgrading the system was taken and spent elsewhere for a decade, where are the new power plants in this gas/oil rich nation?
Now there will be blackouts, without notices. This means the businesses that are left will face unpredictable power outages, product will spoil, workers stay home, prices increases. Costs increase, prices must stay the same by law.
Soon the only business will be government owned Hugo Marts, with heavy military presence checking ration cards for whatever food happens to be in stock, which will also be unpredictable and sporadic. Like everything else Hugo Chavez touches.
I read a blog from Vebezuela that says a newscaster or someone got on TV and begged for them not to black out the baseball games.
Circuses, with or without the bread.
Yes, a circus is a good way to describe the situation. Which also highlights the insanity of our current foreign policy in isolating Colombia and Honduras.
Back in the 1700s, the popular medical treatment was bleeding. If the first bleeding didn’t cure the problem, further bleedings were prescribed.
Apparently, Dr. Chavez is not through cutting.
Apparently, Dr. Chavez is not through cutting.
Chaves is looking for ways to shift attention from his failure and has been goading Colombia. Chaves might get Peru or Bolivia to start something with Colombia then step in. But head on his military isnt capable of handling the Colombians. Plus Chaves knows he will have support of obama and the RATS.
That's a key point. The RATS legitimize tyrannical regimes like Venezuela, Iran, and Russia and make them appear stronger than they really are.
The movie, The Sting, came to mind and how intricate the preparations were to make "the mark" (reads citizens) think that he had stumbled onto a flaw in the system which would make him very rich.
The public school system dumbs down the average citizen to the point that they are incapable of rational thought and therefore easier to fool by the next government con game.
All of these government "social programs" are nothing more than elaborate "stings" designed to rob the wealth of the middle-class and perpetuate the ruling class' (the political class which includes public school employees) domination of the citizens.
I heard a first hand account of this. An old boss of mine was at a cocktail party back in the 1990s and a woman pulled her aside. It was laundry soap she asked about. She simply could not figure out what to purchase. There was never a choice before she said. You went to the state store and you bought THE laundry soap (when they had it), what were the differences. My boss said she was honestly at her wit’s end over it .
I had a friend who went to Med school in Poland in the late 1970’s early 80’s. Met a girl and brought her back as his wife. The first time she went to the grocery store in Chicago she took one look at the meat counter and burst into tears, just overcome by the volume and availability.
?
Isn’t it remarkable? Something as simple as a meat counter in America can cause someone from a former communist country to burst into tears.
This reminds me of how Jimmy Carter tried to solve an economic crisis when he froze incomes (for anyone involved with government) during double-digit inflation. Yeah, that’ll work - not! I’m still suffering from that one.
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