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Topic: Hugo Chavez, King Of Corruption |
Hugo Chavez, King Of Corruption
Investor´s Business Daily, by Editorial
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Original Article
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Posted By:PageTurner, 12/7/2012 6:18:23 AM
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| Waste: Transparency International has named Venezuela the most corrupt nation in the hemisphere, matching Haiti and besting the likes of Paraguay and Nicaragua. With a $1 trillion oil windfall, that´s lots of graft. Venezuela´s Hugo Chavez ushered in the era of high oil prices in 1998, slashing output and earning the country a cool $1.125 trillion windfall as oil prices shot from $9 a barrel to more than $100. That´s bizarre, given that Venezuela remains a crime-ridden hellhole, whose vast slums and impoverished people offer not a scintilla of evidence of any spreading prosperity.
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Comments:
The thug just steals and steals and steals and steals. He´s blown $1.125 trillion in a country with a $300 billion GDP. Nobody knows where the money went.
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Reply 1 - Posted by:
uno, 12/7/2012 6:39:41 AM (No. 9053066)
Gee...if I didn´t know any better I´d have thought that "Transparency International" was a democRat organization that just gave Hugo the equivalent of a Grammy!
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Reply 2 - Posted by:
FunOne, 12/7/2012 6:49:41 AM (No. 9053076)
Obviously, Chicago-trained politicians were excluded from the sample.
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Reply 3 - Posted by:
Spidey, 12/7/2012 6:57:14 AM (No. 9053081)
As long as morons have air in their lungs,they´ll continue to believe socialism spreads the wealth..They do just enough for poor people to keep them happy while stuffing their own pockets.
Totalitarians control the masses through their stomachs and they why you´ve seen the explosion of food stamps in this country.People with full stomachs don´t b****.
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Reply 4 - Posted by:
RCFlyer98, 12/7/2012 7:28:29 AM (No. 9053118)
Hmmm . . I thought the IBD was talking about Obama there for a minute, being the king of corruption, that is. jes´ sayin´ . . .
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Reply 5 - Posted by:
voxpop, 12/7/2012 8:19:23 AM (No. 9053211)
#2, that´s the first place that popped into my mind, too.
...a crime-ridden hellhole... Chicago!. Or DC.
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Reply 6 - Posted by:
udanja99, 12/7/2012 9:11:18 AM (No. 9053301)
And he "won" reelection the same way zippy did.
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Reply 7 - Posted by:
PageTurner, 12/7/2012 2:41:50 PM (No. 9054014)
Don´t forget all the cash shoveling and influence buying Hugo is doing through his little pawn, Joe Kennedy. That costs him a pretty penny and he pays it from Venezuela´s oil earnings. The thug just doesn´t stop.
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Democracy: The IRS targeting of Tea Party groups is mind-boggling not only for its abuse of government power. It´s also disturbing for what it intended to do: destroy civil society, opening a door for tyranny. The formation in 2009 of hundreds of Tea Party groups at the rallying cry of CNBC news editor Rick Santelli, from places as diverse as Lowell, Mass., Pleasanton, Calif., Asheville, N.C., Yuma, Ariz., and Lincoln, Neb., among hundreds of others, was a spontaneous reaction by ordinary American citizens to an overspending, oversized government whose overreach called into question its constitutionality.
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Many observers have pondered if the United States is following the same troubled path as Argentina. In the 1940s, Argentina’s Juan Domingo Perón used government agencies for political gain and created a popular form of fascism called Perónism. In the United States, the recent revelation of the Internal Revenue Service targeting political enemies is a bad omen. Are we on an Argentinean course? The road to decay in my native country, Argentina, began with the implementation of one of the most powerful collectivist doctrines of the 20th century: fascism.
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Posted By: PageTurner- 5/16/2013 1:22:12 PM
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CARACAS, Venezuela — First milk, butter, coffee and cornmeal ran short. Now Venezuela is running out of the most basic of necessities — toilet paper. Blaming political opponents for the shortfall, as it does for other shortages, the embattled socialist government says it will import 50 million rolls to boost supplies. That was little comfort to consumers struggling to find toilet paper on Wednesday. "This is the last straw," said Manuel Fagundes, a shopper hunting for tissue in downtown Caracas. "I´m 71 years old and this is the first time I´ve seen this." One supermarket visited by The Associated Press
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CARACAS, Venezuela Venezuela´s biggest food company on Monday hit back at President Nicolas Maduro´s claims that it´s to blame for the country´s persistent food shortages. The chief executive of Empresas Polar, Lorenzo Mendoza, rejected accusations by the president that the company has reduced production and is hoarding products to create scarcity. "The accusations that we are producing less than last year are false," Mendoza told reporters. "I presume that President Nicolas Maduro is not well informed about the situation and about what´s happening."
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Posted By: PageTurner- 5/14/2013 9:05:50 PM
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Venezuela in 2012 became a net importer of gasoline as a result of escalating problems at its refineries and increasing demand for fuel in its internal market, joining a growing list of countries that struggle with fuel supplies despite ample oil reserves. Venezuela exported 30,000 barrels per day (bpd) of gasoline and naphtha last year, according to state oil company PDVSA annual report. But it imported an average of 66,300bpd of the same fuels from the US alone, according to US energy department data.
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