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And he only kept a measly $4 billion for himself. Such a great guy.
He kept $4 billion for himself? Really now?
And he only kept a measly $4 billion for himself. Such a great guy.
He kept $4 billion for himself? Really now?
Hugo Chávez daughter is the richest individual in Venezuela, report claims | Fox News Latino
He's dead, his daughter is not
He kept $4 billion for himself? Really now?
:lamo I would love to see actual proof of this.
But the thing is during the Chavez administration much/all of the revenue from oil went into social programs (what they called "missions")...
Nah. I claimed them as nationalization and a way to use that revenue for social programs.
"Social spending doubled from 11.3 percent of GDP in 1998 to 22.8 percent of GDP in 2011."Where do you here such things from? Do you just make them up or is someone feeding you lies?
As I stated earlier I simple claim is not proof. Can you show me actual proof?Maria Gabriela Chávez Net Worth: Hugo Chávez's Daughter Richest Woman in Venezuela, Worth $4.2 Billion : World : Latin Post
"The net work of late socialist leader Hugo Chávez's second-oldest daughter is estimated at $4.2 billion, making María Gabriela Chávez the richest woman in Venezuela."
I wonder how she became so filthy rich being the daughter of a Socialist politician? Perhaps not all of that oil money went to social programs?
1.)Never denied any of the current struggles Venezuela is going through right now. You can go reread all my posts, at no point did I deny that Venezuela is going through economic turmoil right nowWell obviously not all that oil wealth went to the people who needed those social programs. I mean... are you really not paying attention to reality or what? FFS dude you should use google and check it out. Venezuela isnt a paradise.
https://panampost.com/sabrina-marti...ose-control-there-are-new-reports-of-looting/
The contradictions of Venezuela's "Bolivarian revolution" existing side by side with large capitalist economy is what we are seeing here.
"Social spending doubled from 11.3 percent of GDP in 1998 to 22.8 percent of GDP in 2011."
Venezuelan Economic and Social Performance Under Hugo Chávez, in Graphs | The Americas Blog | Blogs | Publications | The Center for Economic and Policy Research
I dont care if you deny it. Pretend that Chavez didnt steal money from the proletariat if you want. it is quit obvious though so if you are going to pretend such things dont expect me not to laugh.As I stated earlier I simple claim is not proof. Can you show me actual proof?
You seem to deny that Chavez didnt actually help the people of Venezuela and that their living conditions never really changed. The crime rate didnt improve at all. The poor did not live any better than when the last dictatorship was in power.1.)Never denied any of the current struggles Venezuela is going through right now. You can go reread all my posts, at no point did I deny that Venezuela is going through economic turmoil right now
2.)I never called Venezuela a paradise.
This devatstation is NOT happening in other Oil Rich countries,and it started Well before the Oil price dip.TheDemSocialist said:But the thing is during the Chavez administration much/all of the revenue from oil went into social programs (what they called "missions")...
Nah. I claimed them as nationalization and a way to use that revenue for social programs.
Here is one of the reports. Chavez's daughter inherited $4.2 billion from her father.
Chavez's Treasury Minister, Alejandro Andrade, squirreled away $11.2 billion in Swiss bank accounts.
Congratulations, you are a cheerleader for one of the world's greatest kleptocracies.
This is always the more interesting part in these socialist experiments. They are never actually socialist, just more dictatorship.
Last Friday, President Nicolás Maduro declared a sixty-day state of emergency throughout Venezuela. Alluding darkly to an American-backed plot against his regime, Maduro said that the new measure would help him protect his fellow-citizens from foreign and domestic threats, though he didn’t explain exactly how. There is certainly no denying that Venezuela is in dire straits. Inflation is so high that the government cannot afford to pay for the paper on which its currency, the bolívar, is printed. Lines at the grocery store grow longer even as the shelves grow emptier, and hospitals, such as they are, have run out of antibiotics, surgical supplies, and functioning medical equipment. The country’s electrical grid, too, is in a shambles. Planned blackouts roll through almost every region of the country daily, including the capital, Caracas, which has been estimated to have the highest murder rate of any city in the world. Early last month, Maduro announced a national furlough of public employees, instituting a four-day work week to conserve power; by the end of April, the week had shrunk further, to only two days. Time itself has been bent to the government’s needs, with the country’s clocks pushed forward by half an hour. Venezuelans will use all the daylight minutes they can get.
The main reason for these machinations, apart from long-term political mismanagement, is drought. There has been little rain in Venezuela in the past three years, and a crippling deficit last year in particular—a predictable effect of El Niño,[....] As a result, the water behind Venezuela’s dams, which supply around two-thirds of the country’s electricity, is at a historic low. At the Guri Dam, the nation’s largest hydropower facility, the water is reportedly within five metres of dead pool. At this low level, the worry is that air will get into the dam’s inner workings along with the water, producing vibrations in the metal turbine blades that can rattle the structure to death. If Venezuela’s reservoirs run dry and its dams stop working, its grid will, too.
In an effort to conserve electricity, the Venezuelan government has instituted rolling blackouts and a two-day work week for public employees, yet the hydropower crisis continues.
Beneath all the chaos that now characterizes daily life in Venezuela, one question rings forth: Why did the country with the largest fossil-fuel resources in Latin America, and among the largest on Earth, decide to generate its power with water, a notoriously unreliable substance?
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This what socialism/Communism gives its people.No toilet paper and no lights.