venezuela. What's it all about?

Started by Denn Forever, January 28, 2019, 04:21:58 PM

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Denn Forever

Doesn't to be too much outcry about this and everyone is recognising the guy who just proclaimed himself president. Is it just that it says that it is socialist?
I have more respect for a man
that says what he means and
means what he says...

TheClubman

Yes and no. The socialists have fcuked it up. I think Chavez was well intentioned and initially did a lot of good for those whpo needed it thre most. However corruption seeped in and things have just got worse under Maduro. Don't think the change will improve things but it will give the US back control of Venezuela's oil....which is the answer to your main question.

Kidder81

Hugo Chavez daughter is worth an estimated $4.5b, that tells you what you need to know

BennyCake

Seen this coming 10 years ago. Venezuela held onto their oil and the big oil companies wanted it. Now they'll get it. That's what it's all about.


Orior

Quote from: Kidder81 on January 28, 2019, 05:16:39 PM
Hugo Chavez daughter is worth an estimated $4.5b, that tells you what you need to know

Yes, but could she iron my shirt?
Cover me in chocolate and feed me to the lesbians

trailer

A socialist banana (oil) republic. Huge public spending based on oil revenues which have now dried up, leaving a population starving and destitute, with a government clinging to power. The self appointed interim President is most likely an American pawn.
The people will suffer. 

Kidder81

Quote from: trailer on January 28, 2019, 06:58:30 PM
A socialist banana (oil) republic. Huge public spending based on oil revenues which have now dried up, leaving a population starving and destitute, with a government clinging to power. The self appointed interim President is most likely an American pawn.
The people will suffer.

They already are suffering and have been for a while, and this is real poverty not the type we hear about here

gallsman

Quote from: Kidder81 on January 28, 2019, 07:05:54 PM
Quote from: trailer on January 28, 2019, 06:58:30 PM
A socialist banana (oil) republic. Huge public spending based on oil revenues which have now dried up, leaving a population starving and destitute, with a government clinging to power. The self appointed interim President is most likely an American pawn.
The people will suffer.

They already are suffering and have been for a while, and this is real poverty not the type we hear about here

He described them as "starving and destitute". Was that not apt enough for you?

dec

Quote from: trailer on January 28, 2019, 06:58:30 PM
Huge public spending based on oil revenues which have now dried up

Norway did a much better job managing the wealth from their oil.

Chavez and Maduro spent too much with no thought for the future.


Sheugh Water

Sinn Féin blindy supporting Maduro just because he is on the left is ridiculous.

Yes Us probably after oil but Maduro has killed his own people during protests so no way they should be publicly backing him

Milltown Row2

Quote from: Sheugh Water on January 28, 2019, 08:13:13 PM
Sinn Féin blindy supporting Maduro just because he is on the left is ridiculous.

Yes Us probably after oil but Maduro has killed his own people during protests so no way they should be publicly backing him

I take it that the loyalist will be supporting the other guy?
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

Eamonnca1

Quote from: dec on January 28, 2019, 07:39:42 PM
Quote from: trailer on January 28, 2019, 06:58:30 PM
Huge public spending based on oil revenues which have now dried up

Norway did a much better job managing the wealth from their oil.

Chavez and Maduro spent too much with no thought for the future.

Pretty much. Chavez was so incompetent he'd have made Trump look like a genius, and that's saying something. I saw a good show about it one time, showing Chavez doing long TV marathons, Fidel Castro style, where he'd talk a big long rambling monologue and end up making executive decisions live on the air. Like turning around to one of his generals and saying "Send a battalion to the Colombian border." He had a live audience full of his supporters to clap and cheer his every word. He even made pronouncements on what to do with the currency, only to have advisers pull him to one side and warn against it, saying it'd tank the economy.

Instead of investing the oil revenue in a sovereign wealth fund, he took the money directly and spent it on micromanaged social programs that had little or no benefit. They set up businesses that produced goods but didn't know how to sell them, set up public housing programs that were left incomplete, etc.. Then more recently they fired a ton of people from the oil company and replaced them with stooges loyal to the regime and who hadn't a clue how to run an oil company. Jobs were handed out like prizes at a bazaar.

Venezuela is no Norway, that's for sure. It's a textbook example of resource wealth squandered by an incompetent dictatorship.

Sheugh Water

Quote from: Milltown Row2 on January 28, 2019, 08:36:02 PM
Quote from: Sheugh Water on January 28, 2019, 08:13:13 PM
Sinn Féin blindy supporting Maduro just because he is on the left is ridiculous.

Yes Us probably after oil but Maduro has killed his own people during protests so no way they should be publicly backing him

I take it that the loyalist will be supporting the other guy?

:D Its the way of it I suppose. Sheep hi, big pack of sheep in this part of the world, some people never seem to question anything. Twitter is just crazy for this