MercoPress. South Atlantic News Agency
Venezuela imposes power cuts and announces network of “Socialist” shops
Venezuela has imposed sweeping power cuts on industry and businesses in order to save its limited energy resources and avoid mass blackouts. The government said the cuts were because of falling water levels at the Guri Hydroelectric dam, which supplies much of the country's power. Read full article
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Disclaimer & comment rulesThe collapse of Venezuela is coming.. I've taken economics and none of these policies make any sense, especially when inflation skyrockets and there are no goods at his “socialist” shops because no one will sell.
Dec 24th, 2009 - 12:06 pm - Link - Report abuse 0To much printed money following viewer goods is inflation. Very simple.
Dec 24th, 2009 - 03:01 pm - Link - Report abuse 0Second, if Venezuela falls, who is the largest bond holder of Argentina, there is no way that Argentina won't feel anything. laugh..
There goes the “socialist” dream.
Even with all the oil wealth, you have to reconcile what you spend.. Carabobo went around for 11 years bailing out and shoring up his brother socialist states... now the poor Venezuealan people will pay the price of mispent state funds and failed economic policies... Chavez wants to be the next Castro, he is well on the way. His people will now suffer like the Cubans...
Dec 24th, 2009 - 05:02 pm - Link - Report abuse 0A clown like Chavez, in Europe he would be put back into primary school. but offcourse, in Venezuela, people with sadly, so little education, can't judge it so they beleive him; They say that every sociéty has to learn from its own past, so lets hope Chavez is soon put where he belongs : in the history books like another sad icomptent dictator
Dec 24th, 2009 - 06:19 pm - Link - Report abuse 0You nicholas laugh at anything!. Are you kind of retarded?
Dec 24th, 2009 - 09:07 pm - Link - Report abuse 0No matter what the article is about you always mention and insult argentina. I think you had a bad experience in my country. May be that waitress you told the other day made you feel short and inadequate in bed! Lol!
Dec 24th, 2009 - 09:11 pm - Link - Report abuse 0As you will notice, Chavez mandates to save of energy just to the people, but not the government. So government officials and public institutions are the elite of Venezuela, while business and people in general were told to save energy up to 20%, while zero energy savings by the government.
Dec 25th, 2009 - 02:37 am - Link - Report abuse 0Usually a government, that is a good government, is the first public institution that puts in action a new order or bill, but observing it here, Venezuela does not.
Solialism shops? What about socialism soup with arepas?
Please weak up. Socialism is a foreign (northeastern part of Europe) political ideology dated two centuries ago, but not from latin america.
Men is looking to explore other planets, while some poor south american countries are picking up the socialism trash left by Russia and China?
Kirk Nelson, from New York, USA
No Jorge, you're the blindness retarded here. Just read carefully what's happening in the Socialist Paradise “Venezuela”..guess what, same thing is going to happen in your country, very very soon.. Merry Christmas, well for you more a Merry Socialist Christmas...Laugh.
Dec 25th, 2009 - 05:26 am - Link - Report abuse 0WOW! It saddens me terribly to see this level of ignorance. Hey people, the Socialism you see throughout South America has nothing to do with the Communist regimes that fell in Russia and China. Please, take a chance and learn a little about Socialism in South America before you speak!
Dec 27th, 2009 - 10:58 pm - Link - Report abuse 0You may want to look at some statistics released by the UN and other organizations that you can really TRUST (do not listen to Chavez if you do not wish to), and there you will see that South America has experienced some of the most remarkable economic growths and improvement in quality of life. Unlike other regimes, Socialism in South America believes in and practices policies of open markets. What has changed in a significant manner is that the US is no longer the main business partner or priority among the markets and this has caused discomfort, as expected. As per Venezuela being less moderate than the other Socialist regimes in South America, yes, it is true, as it is also true that before Chavez, Venezuela had the highest level of corruption in South America, and its markets were strictly controlled by the US. A strong leader was very much needed in Venezuela. As an example, before Chavez, Venezuela could not export any oil to South America, and as a result, besides Brazil, most of the South American countries ended up importing expensive oil from Saudi Arabia and other countries in the middle east. Is not this ridiculous? Well, this is what happened for many years. South America never benefited from Capitalism. Only a few corrupt individuals in each country did benefit from the interaction with the US, while the bulk of the South American population struggled to make a living and feed their families. Fortunately, this situation is changing, slowly but surely.
You see, there are strong historical reasons why this is going on, and I recommend you guys watch this interview (http://www.youtube.com/watch?v=yTbdnNgqfs8), given by an American fellow who decided to reveal some of his experiences with South American countries and countries in other parts of the planet. No matter what your ideology is, this video is worth watching. Maybe this will give you some hints as to why South America has turned into Socialism, and why it is trying so hard to stay away from extreme Capitalism. Happy 2010 to everyone!
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