Chavez's Economy Spinning Out of Control

[Canucklehead]

ITN & Wally

I just finished up looking over all my old posts as I was trying to find an old thread where this was discussed. If memory serves, ITN, you had weighed in on that thread as well. Anyway, apparently the thread has gone to the same abyss as a few hundred of my other posts from a couple years ago.

The thread had nothing to do with Iraq but, Wally, you had made the off-the-cuff comment re: Saddam so I felt it necessary to comment.

Aside from hearing about those facts CBC, they were corroborated by several ex-co-workers who were from Iran, Jordan and Saudi Arabia.

Also... my apologies for the delay in posting... it's been a freaking insane week

 

[gopher]

Chavez LOVES the USA!





Bush666:angryfire: hates Chavez and America.



Of the two, who is the more popular throughout the world?
Chavez by far!!

 

[Logic 7]

I'll give you $10 if you change your account name to Dumb & Dumber.

Dumb and dumber for being a pro-chavez? man, you should ask yourself who is the dummy one, by supporting this war on terror.

Chavez is the best leader in the world, he is not a chicken retard like all most us présidents,

He is for his own peoples, that is why 70% of venezuelians support him badly, just like there is 70% who hates bush badly in your own country, but who is in better position?

those who their leaders is supported by the majority

or those who their leaders is hatred by the majority, started wars based on lies, ****ed the économy, stole 2.3 trillion from us treasury.

The americans are represented by muppets that arent even not supported by the majority,and never was, except on 9-11, however it is completly the opposite with chavez.

What do you think about that?

 

[Said1]

I for one am glad he nationalized the oil industry there. The oil company's can't rape the country now for their oil. Don't worry these companies will be back and when they return they will offer Hugh more money for his oil. Why? Because they (U.S.) need the oil.

Yep. Those companies will be back when Chavez has gotten all he can get. You don't think Chavez will 'rape' the country for oil as well?

 

[Tonington]

I think Toro mentioned that production has dropped under Chavez, as foreign expertise is no longer there to help. Not sure if it makes the difference between raping and responsible resource usage

 

[Said1]

I think Toro mentioned that production has dropped under Chavez, as foreign expertise is no longer there to help. Not sure if it makes the difference between raping and responsible resource usage

No doubt he'll get what he can. However, not being able and using resources responsibly are not the same. I'm sure he would if he could but he can't, so he won't. And no, I don't have a link quoting him saying that. So there.

 

[Tonington]

hahah, I'm sure he would get all he could too

 

[gopher]

``production has dropped under Chavez``

Four thousand jobs were lost in the USA and there is talk of an impending recession. So, conditions there are no worse than here.

 

[Avro]

It’s nice to know that you find the misery inflicted on the Venezuelans by Hugo Chavez an interesting experiment.

I'm glad this experiment isn't happening here in this country.

 

[Toro]

``production has dropped under Chavez``

Four thousand jobs were lost in the USA and there is talk of an impending recession. So, conditions there are no worse than here.

Economies are cyclical.

However, in a world where oil has gone from $20 to $75, falling production in a nation with one of the largest hydrocarbon deposits in the world is extremely unusual.

 

[coldstream]

There are things Chavez has done, such as nationalizing the oil industry, that are likely constructive.. providing the free trade, laissez faire cabal that is in charge of the world economy does not target his country for punitive sanctions as an example to others who would choose an independent course from the globalized economy run by the three witches of international finance.. the IMF, the World Bank and the WTO.

The problem is the response of communist socialist dogma, that rules through tyranny. That will destroy the roots of economic imagination in the private free enterprise system. It is a known formula for failure. We have learned some lessons in the West, that we are quickly forgetting. These things WORK and provide for the commonweal.

1 - Public ownership, by government and in the public interest, of natural monopolies. This should be limited to utilites, resource industries, communication and tranportation infrastructure, all of which are massive, capital and technology intensive ventures, critical to the macro economy. All should be run at cost in collaboration with the private sector.

2. - Clear fiduciary control by government of money and its derivatives, in interest rates, liquidity, credit, exchange rates.

3. - Trade policies that ensure protection of home industries and jobs as the priority, with fair and progressive taxation and social policies that distribute wealth in an equitable fashion.

4. Public investment in high technology reasearch, higher education, with returns going back to the public purse.

ALL of these are proven paths to prosperity. They are what built the Western Economies.. and it is that which is being dismantled EVERYWHERE now by globalization (of which privatization, free trade, monetarism (free trade in money) are the key components).

What we see in Venexuela is a reponse to the vulgar predations of the Global economy.. which is failing EVERYWHERE. Our own economy and that of the rest of the first world are declining in a real productive sense. What is left, is the trading economy, the usurious and greed infested economy that plays one poor country off against another.. and is leading to a massive polarization of wealth in our own country. It is unsustainable. We are looking at a catastrophic economic meltdown in our own nation. Its hard to blame others for abandonning a sinking ship... no matter how misguided the leaky economic life rafts they are clinging to as an alternative.

 

[Toro]

And now, Venezuela is going down the path the other Latin American countries did in the 1970s and 1980s with disastrous results.

What's that saying about not knowing history?

 

[Niflmir]

Semantics.

Hugo has monologues on government TV every week that can last for four hours, with no oppositional response and no hard questions. Does Stephen Harper?

I don't want to give people the impression that I idolize Chavez or anything, his absurd speeches at the UN and other forums make that largely impossible. However, I will make one further post which may lead people to falsely believe that.

Outlawing a news outlet would amount to completely shutting down their operations and making it impossible for them to operate in a nation. This has not been down. What has been done is that they have been denied access to one publicly controlled distribution outlet. The cited reason for this was due to their lack of comprehension: they displayed Looney Toons cartoons during the tail end of the failed coup in Venezuela, contrasted with their one sided frequent coverage of Pedro Carmona during the coup this is clear evidence of a unwelcome bias for public broadcast.

What I am trying to underscore here is that unlike the failed coup and its undemocratic, temporary repeal of the constitution, the current legislation has been democratically elected, has been validated through a recall referendum and has far more legitimacy. They have more democratic authority than our appointed senate for instance, more democratic support than the government of Saudi Arabia and have clearly demonstrated a desire to work towards social as opposed to economic betterment.

 

[earth_as_one]

Fundamentally Chavez is a socialist. If he remains true to that, he is supposed to make decisions which benefit Venezuelan society in general. That said, power corrupts and absolute power corrupts absolutely. While Chavez has a mandate to implent socialist reforms, the Venezuelan legislature should keep Chavez on a tight leash in case he changes to become more out for himself that the Venezuelan people.

Americans who have been fed alot of BS about socialism, tend to believe the demonizing propaganda about Chavez. Sure he is mouthy with a big ego, but the reason he is so popular is the Chavez really has improve conditions for the majority of Venezuelans. That more than US president Bush can claim.

By the way I was responding to a post that Chavez hates Americans by pointing out all Venzuelan charity to millions of Americans.