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Old 01-18-2018, 09:57   #166
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Even the hydro-cepheletics in the middle-east had enough sense to hire capitalists to develop their oil industry.
Not much of an option when the national IQ is only 2 point higher then the camels they herd.

If every foreigner left the middle east they would collapse under the weight of millennia of incestuous breeding.

If they didn't possess oil they would not be on the worlds radar.
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Old 01-18-2018, 12:02   #167
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Atlas is shrugging in Venezuela. In an oil-rich country, only progressives could screw up oil production.

Even the hydro-cepheletics in the middle-east had enough sense to hire capitalists to develop their oil industry.
He had them and then fired them. Siphoned oil $$ to line his cronies pockets and fund socialist giveaways. Not enough $$ re-invested into production + expensive to produce oil + low oil prices = not good

Peak oil production occurred in Chavez's first year in office. Been in decline ever since. Reserves are NOT the issue.
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END IS NEAR ????
Old 02-13-2018, 20:58   #168
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END IS NEAR ????

REPORTED ON FOX NEWS TODAY 2/13/2018 71% of VENEZUELA'S CHILD POPULATION HAVE BEEN ABANDONED BY PARENT'S BECAUSE OF FOOD SHORTAGE
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Old 02-14-2018, 05:37   #169
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BRV-BRV-BRV


come on folks, say it with me....


BRV-BRV-BRV-BRV
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Old 03-04-2018, 06:16   #170
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A once rich nation descends into darkness under 20 years of socialism.

A lesson in real time for all those young Hillary and Bernie voters to see...if they will open their eyes and their minds...

A ‘Caravan Of Misery’ As Desperate Venezeulans Flee Their Country To Survive
JOHN SEXTONPosted at 7:01 pm on March 3, 2018
Hot Air

Venezuela was a socialist paradise until it became a nightmare. Now no one on the left wants to talk about it. All the more reason to talk about it and to study closely the complete collapse of a society that elected a socialist goon promising to wipe out inequality. He did that in a sense. Money is so worthless in today’s Venezuela that almost anyone can be a millionaire and almost everyone is equally starving and miserable. The only solution for many people is to flee the country. Venezuelan socialism has led to one of the largest mass migrations in South American history, with up to 1.5 million Venezuelans fleeing the country in the past two years.

Yesterday the Washington Post and Reuters both published lengthy stories focused on the exodus of starving and desperate people. Reuters reporters spent 9 days on a bus full of people hoping to find work in neighboring countries most had never even visited.

On board the bus, web developer Tony Alonzo had sold his childhood guitar to help pay for his ticket to Chile. For months he had been going to bed hungry so that his 5-year-old brother could have something for dinner. Natacha Rodriguez, a machine operator, had been robbed at gunpoint three times in the past year. She was headed for Chile, too, hoping to give her baseball-loving son a better life. Roger Chirinos was leaving his wife and two young children behind to search for work in Ecuador…

By the time dawn rises over Caracas, hungry people are already picking through garbage while kids beg in front of bakeries. Come dusk, many Venezuelans shut themselves inside their homes to avoid muggings and kidnappings. In a country with the world’s largest proven crude reserves, some families now cook with firewood because they cannot find propane. Hospitals lack supplies as basic as disinfectant. Food is so scarce and pricey that the average Venezuelan lost 24 pounds last year.

“I feel Venezuela has succumbed to an irreversible evil,” Chirinos said…

Venezuelans elected Chavez, the late leftist firebrand, in 1998 with a mandate to fight inequality. A charismatic former lieutenant colonel, Chavez transformed the country during his 14-year rule, pouring oil revenue into wildly popular welfare programs. But he also nationalized large swaths of the economy and implemented strict currency controls, state meddling that economists say is the root of the current crisis…

Now, financially ravaged Venezuelans with fewer skills are pouring across South America in a frantic search for work in restaurants, stores, call centers and construction sites. Some travel only as far as their savings will stretch: A one-way bus ticket to neighboring Colombia from Caracas costs the U.S. equivalent of around $15; the fare for a trip to Chile or Argentina can run as high as $350, a small fortune for many. The plunging currency and rocketing inflation make financing the voyage more expensive with each passing day.

Sociologist Tomas Paez, an immigration specialist at the Central University of Venezuela, estimates that almost 3 million people have fled Venezuela over the past two decades. He believes nearly half of them have left in the last two years alone, in one of the largest mass migrations the continent has ever seen.

All of that means that the worst is probably yet to come in Venezuela. What we’re seeing now is probably just the beginning of a mass exodus that could create chaos throughout South America. No wonder American socialists don’t want to talk about it.

<snip>

https://hotair.com/archives/2018/03/...untry-survive/
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Old 03-04-2018, 09:05   #171
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So - Venezuelans elected Chavez to fight inequality. They wanted equality and Chavez dove into the task; in the years that followed Chavez took the countries massive oil resources and used them to fund revolutionary welfare programs. Programs that were incredibly popular with the less equal - but not so popular with the more equal that skippered the evil, profit-driven petroleum-based economy.

Stingy fucking capitalists.

Chavez essentially usurped control of Venezuela's economy and implemented his own brand of equality...
...the same brand of equality that America's liberal elitists can't wait to implement here in the USA. Now, Venezuelans from all of the different socioeconomically equality levels are fucked. They are evacuating their beloved Venezuelan equality like rats from a sinking ship.

Where are these people going? Why would they leave such a liberal utopia?
Where in the fuck is Sean Penn and the Clinton Foundation when we need them the most?

What we need is more of that Venezuelan equality to level the playing field.
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THE NEW CURRENCY ????
Old 03-04-2018, 15:16   #172
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THE NEW CURRENCY ????

The Bitcoin is now the "NEW CURRENCY", Let's see how well that works...
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Old 03-04-2018, 15:46   #173
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Where in the fuck is Sean Penn and the Clinton Foundation when we need them the most?
I heard there was going to be a "Concert for the People of Venezuela" but there's no electricity to plug in the amps. I'm sure it'll be all the talk at the Oscars tonight.
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Old 03-04-2018, 19:42   #174
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I heard there was going to be a "Concert for the People of Venezuela" but there's no electricity to plug in the amps. I'm sure it'll be all the talk at the Oscars tonight.
Unplugged.
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VENEZUELLA & SOCIALISM ???
Old 03-09-2018, 00:35   #175
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VENEZUELLA & SOCIALISM ???

Bernie Sanders should go down there with his "less than brilliant ideas" on running a country....Tom Kelly
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Old 03-17-2018, 06:08   #176
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Socialists sitting on some of the worlds largest oil reserves...last one out...please shut the lights...oh, never mind.

Venezuela begins power rationing as drought causes severe outages

By Anggy Polanco and Isaac Urrutia
Reuters
March 16, 2018

SAN CRISTOBAL, Venezuela (Reuters) - Venezuela imposed electricity rationing this week in six western states, as the crisis-hit country's creaky power grid suffered from a drought that has reduced water levels in key reservoirs needed to run hydroelectric power generators.

The four-hour formal outages began on Thursday. But many residents scoffed at the announcement, wryly noting that they have been suffering far more extended blackouts during the last week.

"We have spent 14 hours without electricity today. And yesterday electricity came and went: for six hours we had no power," said Ligthia Marrero, 50, in the western state of San Cristobal, noting that her fridge had been damaged by the frequent interruptions.

Crumbling infrastructure and lack of investments have hit Venezuela's power supply for years. Now, the situation has been exacerbated by dwindling rains.

In the worst-hit western cities, business has all but ground to a halt at a time when the OPEC nation of 30 million is already suffering hyperinflation and a profound recession. Many Venezuelans are unable to eat properly on salaries of just a couple of dollars per month at the black market rate, sparking malnutrition, emigration and frequent sights of Venezuelans digging through trash or begging in front of supermarkets.

Maybelin Mendoza, a cashier at a bakery in Tachira state, said business has been further hit because points of sale stop working during blackouts - just as Venezuelans are chronically short of cash due to hyperinflation.

In the most dramatic cases, the opposition governor of Tachira state said three people, including a four-month-old, died this week because they failed to receive assistance during a power outage.

"Because of electrical failures, the machines weren't able to revive the people and they died," said Laidy Gomez.

Reuters was unable to confirm the report.

Authorities have acknowledged that interruptions will continue for at least two weeks, but they have not said whether they will spread to other states.

"Of a possible 1,100 megawatts, we are only generating 150 right now," Energy Minister Luis Motta told reporters referring to the Fabricio Ojeda dam, in the western Andean state of Merida.

Capital city Caracas and other major cities have not been hit by rationing yet. Two years ago, rationing there lasted five months when a drought hit the Guri dam, the country's largest hydroelectric dam.

But because of the economic crisis, Venezuela has reduced electricity consumption to about 14,000 megawatts at peak hours, according to engineer and former electricity executive Miguel Lara. Two years ago, state-run Corpoelec put the figure at 16,000 megawatts.

https://www.yahoo.com/news/venezuela...193846729.html
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Old 03-17-2018, 06:40   #177
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Well, at least they are still being reported at the tops of the list for cheapest gas in the world at 0.01 US Dollars per liter.
https://www.globalpetrolprices.com/V...soline_prices/

Hooray for cheap Venezuelan gasoline !!!
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Old 03-17-2018, 06:41   #178
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"Of a possible 1,100 megawatts, we are only generating 150 right now," Energy Minister Luis Motta told reporters referring to the Fabricio Ojeda dam, in the western Andean state of Merida.
Bread-math becomes electrical-math.
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Old 03-17-2018, 20:49   #179
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Too bad gasoline is neither nutritious nor filling.

x/S
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Old 03-18-2018, 09:48   #180
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Too bad gasoline is neither nutritious nor filling.

x/S
LOLOL
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