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| Caribbean-Latin America |
| Maduro: "We'll expropriate whatever needs to be expropriated" |
| 2014-02-06 |
| [ELUNIVERSAL] "We will expropriate whatever needs to be expropriated," Venezuelan President Nicolas Maduro cautioned in reference to the new Law of Costs and Fair Prices. Concomitantly, the president urged private companies to comply with the new law. His statements came during the commemoration of the coup attempt of February 4, 1992. The Venezuelan president threatened to take "the most radical measures to protect our people's economy." "I make an appeal to the country economic sectors, for work and self-regulation of commodities and prices. You have time until next Monday; otherwise, I will take the most radical measures," Maduro specified. "I am determined to make an economic revolution. Nobody, nothing will stop me!" he said. |
| Posted by:Fred |
| #5 I think back to my study of the USSR back in the early 70's and I just can't fathom how anyone could think that a command economy like that could ever possibly work. Really mind boggling levels of stupidity at work among all leftists apparently. (see also Obamanation) |
| Posted by: AlanC 2014-02-06 15:11 |
| #4 This is like saying "we'll kill as many rabbits as we need to", then everyone is shocked and amazed when suddenly there are no more rabbits. |
| Posted by: Iblis 2014-02-06 10:38 |
| #3 Don't know why I thought of this fable |
| Posted by: Bright Pebbles 2014-02-06 09:57 |
| #2 S'been tried before. |
| Posted by: Bobby 2014-02-06 08:06 |
| #1 aka Command Economy (it's the 'in' thing, just ask anyone in the Beltway or Pyongyang) |
| Posted by: Procopius2k 2014-02-06 07:34 |