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Thread: AP: VP of Venezuela Has Announced Hugo Chavez has Died

  1. #131
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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by Harshaw View Post
    Here's what a Venezuelan says about him:

    10 reasons why I will not miss Chavez - CNN iReport

    And here's CNN's fact-check.

    Fact check: 10 reasons I won

    Chavez defenders aren't going to like it much.


    Hah, I like how CNN chose to believe "official government figures" from the Chavez regime on poverty while accepting that Chavez has lied and swindled and ruined every other aspect of Venezuelan life. The poor must have gotten better treatment under Chavez... because Chavez said so!

    Oh, I'll also admit that I was wrong above. I misread the crude oil price chart I had. The price of Crude oil was $9.30 when Chavez took office, and $90.00 now. So more like 967% increase in the cost of crude oil, not 500%...

    And yet this Socialist paradise managed an international standard 30% poverty rate, well below average income disparity and a whopping 20% inflation.

    I can see why the Hollywood Elites only visit....
    Last edited by jmotivator; 03-07-13 at 11:55 AM.

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Hugo Chavez leaves Venezuela in economic muddle.....

    That habit of impromptu policymaking was integral to Mr Chavez's style, right from the start of his 14 years in power.

    Time and again, the president would make major decisions on an ad hoc basis, often during the course of his rambling and unscripted weekly TV broadcast to the nation, known as Alo Presidente.

    He was particularly prone to quick-fix solutions in economic policy, resorting to regular currency devaluations, expropriations of private firms and inflation-busting public-sector pay rises rather than tackling the economy's underlying structural problems.

    This fire-fighting approach continued even as Mr Chavez lingered on his Cuban sickbed, with Vice-President Nicolas Maduro implementing a 32% devaluation of the bolivar in February.

    As a result, Mr Chavez bequeaths a nation beset by crumbling infrastructure, unsustainable public spending and underperforming industry.....snip~

    That's what Chavez is leaving behind. So going as far left as he could. He failed!

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    RIP Mr. Chavez. Thanks for reversing failed neo-liberal policies, reducing poverty and illiteracy. You can judge his success by the hysterical attacks on him by the mainstream media that supported the coup in 2002. If you stand up to thugs like Bush and Obama you can expect such cowardly attacks.

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by MMC View Post
    Looks Like we will be sending our Condolences.

    U.S. officials expected to attend Chavez funeral....

    Delegation to be announced by White House.
    No plans to reciprocate after U.S. diplomats expelled.

    (Reuters) - The United States is expected to send a delegation to Hugo Chavez's funeral later this week in a move that could send a conciliatory message to Venezuela now that its stridently anti-American leader has died.

    A senior State Department official said the United States was reviewing its response to Venezuela's expulsion of the two military officials and said it had the right to reciprocate in kind but for now it would not be doing so.

    The U.S. Embassy in Caracas has been without an ambassador since 2010, when Chavez rejected the U.S. appointee. That led Washington to revoke the credentials of Venezuela's ambassador.

    U.S. President Barack Obama issued a statement shortly after Chavez's death was announced, expressing an interest in a "constructive relationship" in the post-Chavez era. But analysts said Washington would be challenged to figure out a way to engage with Venezuelan leaders and the opposition without appearing to meddle in the South American oil-producing nation.

    The senior State Department official, who spoke on condition of anonymity, said the United States would like a "more functional" relationship with the Venezuelan government going forward.....snip~

    U.S. officials expected to attend Chavez funeral | Reuters
    I was going to suggest sending Dennis Rodman as our official representative.
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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by Passenger View Post
    RIP Mr. Chavez. Thanks for reversing failed neo-liberal policies, reducing poverty and illiteracy. You can judge his success by the hysterical attacks on him by the mainstream media that supported the coup in 2002. If you stand up to thugs like Bush and Obama you can expect such cowardly attacks.
    And of course, attacks from that noted right wing rag 'The Guardian'.

    You guys on the Far Left continue to amuse. No authoritarian dictator is beyond your admiration as long as he is virulently anti-American.
    "Groups with guitars are on the way out, Mr. Epstein"

    Dick Rowe, A & R man
    Decca Records
    London, 1962

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by Wiggen View Post
    And of course, attacks from that noted right wing rag 'The Guardian'.

    You guys on the Far Left continue to amuse. No authoritarian dictator is beyond your admiration as long as he is virulently anti-American.
    3 lies. In one post.

    I said "mainstream, not right-wing. Virtually all mainstream rags are establishment lapdogs, even the Guardian, which is better than most. Chavez was elected four times by the Venezuelan people in an election much more fair the 2000 US election. The people of Latin America have every right to be anti american given the CIA supported coups against Chile, Argentina, Venezuela etc and the death squads in El Salvador. Unlike spoiled Americans they have felt the full brunt of US interference in South America. But Chavez isn't anti-american. He rightly condemns the actions of thugs like Obama and Bush who are extremely anti-american.

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    In September 2012, Reuters news agency published a special report into a state corporation, Fonden, that now accounts for one-third of all investment in Venezuela.

    It found a string of abandoned or half-built facilities, including a paper factory, an aluminium mill and a fleet of unused buses - all of which apparently received money from Fonden.

    Fonden has absorbed $100bn of Venezuela's oil revenues since it was founded in 2005.

    At the end of January, the government cut PDVSA's contribution to Fonden by 19%, a move which seems to presage a round of public spending cuts. But until the post-Chavez political landscape is clearly established, the president's successors can hardly afford to alienate the people with austerity programmes.

    The housing drive fuelled big increases in public spending - and big expectations among those yet to be housed under the programme.
    According to Bank of America-Merrill Lynch, government expenditure rose 30% in real terms as a result over the 12 months leading up to the election.
    But all that largesse took its toll on the public finances. Capital Economics, a research company, estimates that Venezuela's fiscal deficit widened to 9% of GDP in 2012, while Morgan Stanley reckons it could have reached 12% by now.

    High inflation, still nudging 20% a year, doesn't help either.

    As survey organisation Consensus Economics says: "Soaring inflation and government spending - coupled with currency and capital controls - have created a widening fiscal deficit.

    "The authorities are increasingly reliant on external debt to finance this."

    For "external debt", read loans from China. According to Bloomberg news agency, the state-run China Development Bank has lent Venezuela $42.5bn over a five-year period.

    Oil Minister Rafael Ramirez said in September 2012 that of the 640,000 barrels of oil a day that Venezuela exports to China, 200,000 went towards servicing the country's debt to Beijing.

    Unless PDVSA's underperformance can be remedied, those debts will remain and will probably grow as the country's gap between spending and income widens.

    It certainly doesn't seem hard to uncover evidence of waste in government expenditure during the Chavez years.

    But the overspending doesn't stop at home. In an effort to spread the influence of his Bolivarian revolution, Mr Chavez allowed Cuba and other countries in the region to benefit from cheap deals and soft loans under the Alba and Petrocaribe programmes.

    The next administration will have to decide whether or not to continue funding that extensive network of petro-diplomacy.....snip~

    BBC News - Hugo Chavez leaves Venezuela in economic muddle

    Note the gap in spending is ever widening with that of income. Chavez was Never was to much of a business man. Hows that wealth distribution looking now?

    Government spending that is Unsustainable.....pretty much says it all.

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by Passenger View Post
    You can judge his success by the hysterical attacks on him by the mainstream media that supported the coup in 2002.
    And all these people who gleefully parrot "Coup! Coup! Coup!" seem to be blissfully unaware of his own history of coup attempts. I guess it was OK for him to do it, as long he was against the right people.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by Passenger View Post
    3 lies. In one post.

    I said "mainstream, not right-wing. Virtually all mainstream rags are establishment lapdogs, even the Guardian, which is better than most. Chavez was elected four times by the Venezuelan people in an election much more fair the 2000 US election. The people of Latin America have every right to be anti american given the CIA supported coups against Chile, Argentina, Venezuela etc and the death squads in El Salvador. Unlike spoiled Americans they have felt the full brunt of US interference in South America. But Chavez isn't anti-american. He rightly condemns the actions of thugs like Obama and Bush who are extremely anti-american.
    Sigh. More anti-american bull**** from the Far Left. Only the loony left consider people like Obama and Bush thugs and yet worship demagogues and authoritarian crackpots like Chavez and Castro. It's why nobody takes you seriously.
    "Groups with guitars are on the way out, Mr. Epstein"

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    Re: AP: VP of Venezuela Has Announced Hugo Chavez has Died

    Quote Originally Posted by Wiggen View Post
    Sigh. More anti-american bull**** from the Far Left. Only the loony left consider people like Obama and Bush thugs and yet worship demagogues and authoritarian crackpots like Chavez and Castro. It's why nobody takes you seriously.
    "far left" "looney left" What devastating arguments. I see this webboard is a cut above the others!

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