Article

2010-04-26 Caribbean-Latin America

GIGO: Chavez gives Venezuelan troops 40% pay raise

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Posted by trailing wife 2010-04-26 00:00|| || Front Page|| [1 views ] Top

#1 Things must be really bad.

Posted by g(r)omgoru 2010-04-26 01:49|| 2010-04-26 01:49|| Front Page Top

#2 One of the things that baffled me about tyrants, historically, was their reluctance to pay their troops.

Posted by gromky 2010-04-26 04:55|| 2010-04-26 04:55|| Front Page Top

#3 superinflation -> 40% wage increases -> hyperinflation -> more wage increases -> megainflation

Posted by lex 2010-04-26 06:39|| 2010-04-26 06:39|| Front Page Top

#4 If inflation were 25%, 40% would not be that much

Posted by Bernardz 2010-04-26 07:43|| 2010-04-26 07:43|| Front Page Top

#5 One of the things that baffled me about tyrants, historically, was their reluctance to pay their troops.

Usually, you can't pay what you don't have. One of the ways to address the problem was conquering and 'looting'. Not in good form these days.

However, it wasn't just tyrants. Parliament's failure to pay the army at what they thought was the end of the English Civil War simply ushered in Part II with Cromwell and the army in charge. It was iffy in the American Revolution as well, with the personality of Washington heading off Newburgh mutiny.

Posted by Procopius2k 2010-04-26 09:29|| 2010-04-26 09:29|| Front Page Top

#6 Just another day in paradise (snark). Looks like China is owning a lot of folks these days. If you can't beat them, buy them out. Consider the pay raise a payoff to keep the military on his side; got to keep control and order and squelch free speech in this socialist paradise.

Posted by JohnQC 2010-04-26 10:30|| 2010-04-26 10:30|| Front Page Top

#7 ION PRAVDA > seems ECUADOR is warning of DIRECT MIL RESPONSE = WAR? iff attacked again [incursion] by COLUMBIA on its territory???

Posted by JosephMendiola 2010-04-26 18:46|| 2010-04-26 18:46|| Front Page Top

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