Venezuela, a month left at best?

[tonyz]

Originally Posted by exsquid

Too bad gasoline is neither nutritious nor filling.

x/S

But...it works great for commie helicopter rides...

[bblhead672]

Originally Posted by tonyz

But...it works great for commie helicopter rides...

and molotov cocktails....

[tonyz]

Originally Posted by bblhead672

and molotov cocktails....

Absolutely !

And, in yet another teachable moment involving Commies for all to see...at one point Maduro outlawed private ownership of firearms !

...some time later, Maduro reversed himself and actually started issuing small arms ...but...only to his supporters...

Venezuela is a modern Petri dish in progress...

[Badger52]

I'll admit; I pondered between cleaning patches as to whether to post this here or in Comedy Zone. Is this the opposite of just printing more money with Art Linkletter's portrait on it?

One Million Percent Inflation: Venezuela Removes Five Zeroes from Currency

Venezuelan dictator Nicolás Maduro has removed five zeroes from the country’s bolivar currency amid inflation that is expected to reach one million percent by the end of the year.

The announcement comes two days after the International Monetary Fund predicted that Venezuela’s inflation would reach one million percent by the end of 2018. Maduro said the monetary conversion would spark “great revolutionary changes in the economy, which Venezuela demands.”

Such a measure is indicative of the unprecedented levels of inflation experienced by the bolivar currency, which has lost over 99.999 percent of its value since 2010 as a result of socialist economic policies started under Hugo Chávez that created a highly inefficient, nationalized economy.

At current exchange rates, one U.S. dollar is equivalent to 3.52 million bolivares, leading to a total collapse of people’s savings and livelihoods that has left large swathes of the population in desperate need of economic and humanitarian assistance.

Back in March, Maduro announced that the government would print money with three fewer zeros, although the plan was never carried out in full. He has also tried to solve the inflation crisis by repeatedly raising the country’s minimum wage, as well as releasing higher denomination bank notes to prevent people from thousands of banknotes to buy simple products.

Rest of the article here.

Damn, now I got David Gilmour's tremelo'd guitar licks & Roger Waters' voice in my head... better fire up the Strat.

Money, get away
Get a good job with good pay and you're okay
Money, it's a gas
Grab that cash with both hands and make a stash
New car, caviar, four star daydream
Think I'll buy me a football team

Money, get back
I'm all right Jack keep your hands off of my stack
Money, it's a hit
Don't give me that do goody good bullshit
I'm in the high-fidelity first class traveling set
And I think I need a Lear jet

Money, it's a crime
Share it fairly but don't take a slice of my pie
Money, so they say
Is the root of all evil today
But if you ask for a raise it's no surprise that they're
Giving none away, away, away

[tom kelly]

I guess those "refugees" will be fleeing their homeland and heading up to the U S / Mexico border for Asylum in the U S A...I believe it is the goal of the Mexican Government to destabilize and destroy the U S A Now is the moment to attack the Narco-Terrorist state of Mexico & it's CRIMINAL Gov. about 200 cruise missiles dispersed around the cartel's drug operation centers would send the right message.... BY THE WAY WHERE IS THE UNITED NATIONS, still hiding in NYC living the good life. tom kelly

[Box]

There is nothing wrong with Venezuela.

It is a well-governed socialist paradise performing as designed. Why would the UN ever want to declare a wonderful place like Venezuela a failed state?

[Badger52]

Well, the UNHCR did send out a nice note asking other countries to play nice & do what the US seems to be doing.

BOGOTA, Colombia

Amid the growing exodus of Venezuelans, the United Nations for the first time is asking the region to treat the population as “refugees” who are unable to go home — rather than mere economic migrants.

In a three-page report, the United Nations Refugee Agency, UNHCR, also recommends that countries that have received Venezuelans not deport, expel or forcibly return them “in view of the current situation in Venezuela.”

In the document, titled “Guidance Note on the Outflow of Venezuelans,” the agency asks countries to guarantee Venezuelans residency and the right to work, even if they entered the country illegally or don’t have the proper identification papers.

The guidelines would seem to be a rebuke to neighboring Colombia, which has increasingly been deporting Venezuelans and restricting their entry.

Last month, Colombian immigration began requiring new Venezuelan arrivals to present passports — although that document has become difficult, if not impossible, for most people to obtain. New Venezuelan arrivals in Colombia have also been barred from getting work permits except under exceptional cases.

Those measures, Colombian authorities say, have decreased the number of Venezuelans entering the country on a daily basis by 30 percent.

(Nah, they're just headed a different direction.)

I'm with Box - the place, like a really bad old McNamara project, passes its gates & is functioning as intended.

[tonyz]

Families fleeing a commie utopia...once again and again and again...ya don’t say.

Are the youngsters paying attention ?

Communism damn sure ain’t no safe space...hundreds of millions of shattered lives attest to that over the years.

[Box]

Originally Posted by tonyz

Families fleeing a commie utopia...once again and again and again...ya don’t say.

Are the youngsters paying attention ?

Communism damn sure ain’t no safe space...hundreds of millions of shattered lives attest to that over the years.

It is because communism and socialism just haven't been administered properly...

if uncle bErnie, Felonia vonPantsuit, jimmy k1mmel, nAncy peLosi, and chucky shumer could run things, it would work just fine


dont you guys pay attention?

[rsdengler]

Originally Posted by Box

It is because communism and socialism just haven't been administered properly...

if uncle bErnie, Felonia vonPantsuit, jimmy k1mmel, nAncy peLosi, and chucky shumer could run things, it would work just fine


dont you guys pay attention?

LOL...then let's just blindfold the lot of them and kick them out of the back of a nice C-130 over the land of "Non-Plenty" Venezuela....Do your jobs you commie-knockers...enjoy your stay in the land of Utopia....love it, "Felonia vonPantsuit"....especially the "prison" orange outfit.....Hee, Hee.....

[Pete]

Venezuela's president admits economy has failed

Now you would think this is a good thing but if you read the story you'll see he still blames others outside the country for it's problem. Nothing socialism has done.

https://www.yahoo.com/news/venezuela...193020358.html

"..."I estimate it will take about two years to reach a high level of stability and see the first symptoms of new and economic prosperity, without for one second affecting social security and protection," added the president.

Maduro's economic recovery plan includes increasing oil production to "six million barrels a day by 2025 or before." Oil production has crashed from a high of 3.2 million barrels a day in 2008 to a 30-year low 1.5 million this year.

As well as the IMF's mind-boggling inflation prediction, it says Venezuela's GDP will plummet 18 percent this year, meaning a fourth consecutive year of double-digit falls...."

[tonyz]

Powerful lessons for would-be young Socialists - prolly too late for Alexandria Ocasio-Cortez and our other committed Socialists like Bernie and his supporters...but maybe some of them can be persuaded with facts...

As Pete pointed out in his post, Maduro largely blames others for his nation’s problems - but he acknowledges that his economic models have FAILED.

In the article posted here reinforcing the reports of undeniable failure - Maduro does take some responsibility and the photos and personal accounts are compelling. Edited excerpts below with complete article at link.

The Venezuelan city where nothing works: Running water comes once a month and cash machines are empty - as president Maduro finally admits his socialist economic policies have 'FAILED'

Daily Mail
By AFP and JULIAN ROBINSON FOR MAILONLINE
PUBLISHED: 05:50 EDT, 1 August 2018 | UPDATED: 06:07 EDT, 1 August 2018

'The production models we've tried so far have failed and the responsibility is ours, mine and yours,' Maduro told his ruling PSUV party congress, as Venezuela looks to tackle chronic inflation the International Monetary Fund predicted would reach one million percent this year.

Industry is operating at just 30 percent, perhaps best reflected by the farming sector which supplies barely a quarter of national consumption having provided 75 percent a few years ago, the National Farmers Federation said.

In San Juan, Florimar Nieves, a 39-year-old primary school teacher said of life in the city: 'They send (running) water once a month. The rest of the time we have to buy it.

'There have been times where we've had no electricity for 24 hours.'

'No more whining, I want solutions comrades!'

Venezuela's economic crisis that saw the International Monetary Fund predict inflation would reach one million percent this year, has hit San Juan hard.

And this in the country that was once one of the top 10 oil producers in the world.

Adults and children alike, dressed in shabby, ill-fitting clothes, walk long distances to get to work or school, tired of waiting hours for one of the few buses still running.

Those who cannot buy water and haven't received any for weeks face trips to the 'tap' in the center of town, supplied by a system of pipes leading from a well.

'We come here two or three times a week. We haven't had water for 12 days,' said Arelis Oliveros as she filled up several containers.

The problem has reached such desperate levels that 17-year-old Alejandro often washes in rain water because his grandfather's house, where he lives, regularly goes days without receiving water.

'Sometimes I get fed up with washing this way because I smell bad, so I treat myself, blowing 10,000 bolivars on the bus to go and wash at my mother's house,' he said.

It's luxury in a country where the currency is losing value at such an alarming rate that the largest denomination bank note, 100,000 bolivars, which once would buy five kilograms (11 pounds) of rice, is barely enough for a single cigarette.

Cash has practically vanished from circulation throughout the country, but in San Juan the cash machines don't work anyway and residents have to queue for hours at banks to withdraw money.

In any case, they are only allowed to withdraw a maximum of 100,000 bolivars, half the price of single egg.

President Nicolas Maduro's government has announced it will try to ward off economic collapse by stripping five zeros off the currency, but a similar move by his predecessor Hugo Chavez 10 years ago - he knocked off three - didn't stop the country descending into today's crisis.

The socialist government has over recent years nationalized various industry sectors such as cement and steel, expropriated hundreds of businesses, including supermarket chains, and lately brought in the army to control street markets to guard against rising prices.

It has also fixed prices on various goods and imposed a monopoly on foreign exchange.

<snip>

http://www.dailymail.co.uk/news/arti...nes-empty.html

[bblhead672]

Originally Posted by tonyz

Powerful lessons for would-be young Socialists - prolly too late for Alexandria Ocasio-Cortez and our other committed Socialists like Bernie and his supporters...but maybe some of them can be persuaded with facts...

As Pete pointed out in his post, Maduro largely blames others for his nation’s problems - but he acknowledges that his economic models have FAILED.

In the article posted here reinforcing the reports of undeniable failure - Maduro does take some responsibility and the photos and personal accounts are compelling. Edited excerpts below with complete article at link.

The Venezuelan city where nothing works: Running water comes once a month and cash machines are empty - as president Maduro finally admits his socialist economic policies have 'FAILED'

Daily Mail
By AFP and JULIAN ROBINSON FOR MAILONLINE
PUBLISHED: 05:50 EDT, 1 August 2018 | UPDATED: 06:07 EDT, 1 August 2018

'The production models we've tried so far have failed and the responsibility is ours, mine and yours,' Maduro told his ruling PSUV party congress, as Venezuela looks to tackle chronic inflation the International Monetary Fund predicted would reach one million percent this year.

Industry is operating at just 30 percent, perhaps best reflected by the farming sector which supplies barely a quarter of national consumption having provided 75 percent a few years ago, the National Farmers Federation said.

In San Juan, Florimar Nieves, a 39-year-old primary school teacher said of life in the city: 'They send (running) water once a month. The rest of the time we have to buy it.

'There have been times where we've had no electricity for 24 hours.'

'No more whining, I want solutions comrades!'

Venezuela's economic crisis that saw the International Monetary Fund predict inflation would reach one million percent this year, has hit San Juan hard.

And this in the country that was once one of the top 10 oil producers in the world.

Adults and children alike, dressed in shabby, ill-fitting clothes, walk long distances to get to work or school, tired of waiting hours for one of the few buses still running.

Those who cannot buy water and haven't received any for weeks face trips to the 'tap' in the center of town, supplied by a system of pipes leading from a well.

'We come here two or three times a week. We haven't had water for 12 days,' said Arelis Oliveros as she filled up several containers.

The problem has reached such desperate levels that 17-year-old Alejandro often washes in rain water because his grandfather's house, where he lives, regularly goes days without receiving water.

'Sometimes I get fed up with washing this way because I smell bad, so I treat myself, blowing 10,000 bolivars on the bus to go and wash at my mother's house,' he said.

It's luxury in a country where the currency is losing value at such an alarming rate that the largest denomination bank note, 100,000 bolivars, which once would buy five kilograms (11 pounds) of rice, is barely enough for a single cigarette.

Cash has practically vanished from circulation throughout the country, but in San Juan the cash machines don't work anyway and residents have to queue for hours at banks to withdraw money.

In any case, they are only allowed to withdraw a maximum of 100,000 bolivars, half the price of single egg.

President Nicolas Maduro's government has announced it will try to ward off economic collapse by stripping five zeros off the currency, but a similar move by his predecessor Hugo Chavez 10 years ago - he knocked off three - didn't stop the country descending into today's crisis.

The socialist government has over recent years nationalized various industry sectors such as cement and steel, expropriated hundreds of businesses, including supermarket chains, and lately brought in the army to control street markets to guard against rising prices.

It has also fixed prices on various goods and imposed a monopoly on foreign exchange.

<snip>

http://www.dailymail.co.uk/news/arti...nes-empty.html

What Venezuela needs is the US to export a few million leftist SJW's down there to straighten the government out. One way tickets of course. Any SJW's who survive may reapply for entry back into US after passing citizenship exam.

[Badger52]

Originally Posted by bblhead672

One way tickets of course. Any SJW's who survive may reapply for entry back into US after passing citizenship exam.

"Your number is 3,176,483. Now serving #4...number FOUR?"

[tonyz]

Originally Posted by bblhead672

What Venezuela needs is the US to export a few million leftist SJW's down there to straighten the government out. One way tickets of course. Any SJW's who survive may reapply for entry back into US after passing citizenship exam.

I like it...for all who aspire to be a Lefist...travel to Cuba or Venezuela...weather isn’t bad...Michael MoorON says healthcare rocks...system is already in place and just needs your “brilliant” ideas.