Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Thu 02/15/2007 View Wed 02/14/2007 View Tue 02/13/2007 View Mon 02/12/2007 View Sun 02/11/2007 View Sat 02/10/2007 View Fri 02/09/2007
1
2007-02-15 Caribbean-Latin America
Chavez Threatens More Nationalizations
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Steve White 2007-02-15 00:00|| || Front Page|| [6 views since 2007-05-07]  Top

#1 We'll be seeing Live Aid concerts for the starving people of Venezuela by the end of the year.

And guess which persuasion will be donating so they can feel better about their superior lives.
Posted by gorb 2007-02-15 00:40||   2007-02-15 00:40|| Front Page Top

#2 Hugos running off at the mounth is getting him into big trouble quickly. It's going to be difficult to back away from this pronouncement. His advisors (if any) oughtt to keep him away from the radio and teevee.
Posted by Shipman 2007-02-15 07:11||   2007-02-15 07:11|| Front Page Top

#3 The Dixi Chicks can head the bill.
Posted by Perfesser 2007-02-15 09:29||   2007-02-15 09:29|| Front Page Top

#4 As I've said before: Supply and demand. It's not just a good idea, it's the law. If you force prices to be low, below the production and distribution costs, the supply will dry up, unless the demand drops.
Posted by Rambler">Rambler  2007-02-15 10:48||   2007-02-15 10:48|| Front Page Top

#5 Perfesser.....They'll be backing up JOHN MORONCAMP!!!
Posted by ARMYGUY 2007-02-15 11:09||   2007-02-15 11:09|| Front Page Top

#6 Chavez knows nothing about inventory control. Now that he has given fair warning, all the food chains and transport companies will overnight convert to a "push" supply system. Instead of keeping large supplies at distribution points, they will only ship based on daily need, warehousing outside of the country.

This means that only very perishables, stuff that lasts under two weeks, like milk, will be warehoused in any amount. Everything else will have to be paid for in cash before it even enters the country.

So as soon as he announces, and you know he will, the nationalization of the food supply network, he will end up with empty stores, warehouses, any trucks that haven't been driven out of the country first, and enough perishables for two weeks.

Basically, within a month, there will be no food in the country. And when he demands more, they will not only demand that he pay cash on the barrel head, but that he make good on the cost of all those empty stores and warehouses he took, before he gets squat.

Hopefully, they will tell him as a group to go fish, and give Venezuela the choice: either get rid of "el Supremo", and give us back our stuff, or starve.
Posted by Anonymoose 2007-02-15 11:36||   2007-02-15 11:36|| Front Page Top

#7 No worries folks. Hugo has plenty of Cuban advisors who can help him implement the forthcoming ration card system.
Posted by Classical_Liberal 2007-02-15 11:47||   2007-02-15 11:47|| Front Page Top

#8 The Mercal shops system already in place is a rationing system in everything but name. Low, low prices, no, no inventory.

Posted by Shipman 2007-02-15 12:58||   2007-02-15 12:58|| Front Page Top

#9 Okay, the non-repentant commies in the west always say the Soviet Union was not real communism.

What about what Hugo's trying? No reeducation camps and secret police but the economic outcome appears very similar. Without oil to prop him up he'd have turned Venezuela into Cuba by now.
Posted by rjschwarz 2007-02-15 17:37||   2007-02-15 17:37|| Front Page Top

#10 Is it fair to say that Hugo has no clue whatsoever how to run a modern economy, except into the ground?

It would be more fair to say he has no idea how to run even the most rudimentary sort of economy, except into the ground.
Posted by Baba Tutu 2007-02-15 18:35||   2007-02-15 18:35|| Front Page Top

01:00 terryuolipokyre
23:40 JosephMendiola
23:16 gorb
23:15 BA
23:08 Valentine
23:03 JosephMendiola
23:03 Valentine
22:53 Shieldwolf
22:50 Frank G
22:43 Jack Murtha and Chris Dodd
22:41 JosephMendiola
22:39 whatadeal
22:38 JosephMendiola
22:34 Redneck Jim
22:31 JosephMendiola
22:29 Carl in N.H.
22:26 JosephMendiola
22:22 JosephMendiola
22:21 whatadeal
22:16 Jackal
22:15 JosephMendiola
22:12 JosephMendiola
22:08 JosephMendiola
22:08 Mike N.









Paypal:
Google
Search WWW Search rantburg.com