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-   -   Chavez wins Venezuela referendum (http://www.u2interference.com/forums/f199/chavez-wins-venezuela-referendum-193548.html)

financeguy 02-15-2009 10:56 PM

Chavez wins Venezuela referendum
 
Al Jazeera English - Americas - Chavez wins Venezuela referendum

A_Wanderer 02-15-2009 11:16 PM

It's not like he is going to be president for life, yet.

BrownEyedBoy 02-16-2009 10:06 AM

This worries me but it doesn't surprise me. I guess I kind of expected him to one way or another get his way.

purpleoscar 02-16-2009 10:16 AM

Booooooooooooooo!

JCOSTER 02-16-2009 10:41 AM

Quote:

Originally Posted by A_Wanderer (Post 5871970)
It's not like he is going to be president for life, yet.


Any longer he is in office, could be a problem for alot people. :|

Galeongirl 02-16-2009 02:16 PM

This is starting to look like the situation in Zimbabwe a couple of years back.

BorderGirl 02-16-2009 11:46 PM

How terrible for the people of Venezuela. We only need to look at his mentor Fidel Castro to know they are following the Cuba doctrine of a downward spiral of repression and misery initially disguised as justice.

pgv 02-17-2009 12:39 PM

Love Chavez, don't love what he's doing right now.

purpleoscar 02-17-2009 12:42 PM

Quote:

Originally Posted by partygirlvox (Post 5880603)
Love Chavez, don't love what he's doing right now.

If you take a look at this PBS documentary you will see that what he always wanted to do is what he is doing:

FRONTLINE: the hugo chavez show: watch the full program | PBS

After looking at his "talk show/government" you can see the egomania.

pgv 02-17-2009 12:49 PM

Quote:

Originally Posted by purpleoscar (Post 5880621)
If you take a look at this PBS documentary you will see that what he always wanted to do is what he is doing:

FRONTLINE: the hugo chavez show: watch the full program | PBS

After looking at his "talk show/government" you can see the egomania.

Of course he's an egomaniac, and of course he's bordering awfully close to the title of 'dictator.' I share his socialist beliefs and admire what he's done; not in terms of democracy, though.

purpleoscar 02-17-2009 01:52 PM

Quote:

Originally Posted by partygirlvox (Post 5880646)
Of course he's an egomaniac, and of course he's bordering awfully close to the title of 'dictator.' I share his socialist beliefs and admire what he's done; not in terms of democracy, though.

I see where you're coming from but I would also add you should look up wage/price controls and what they do to the economy. Nixon did it in the U.S. and Trudeau in Canada. Heck the Soviet Union did it.

Incomes policy - Wikipedia, the free encyclopedia

Quote:

Some economists agree that a credible incomes policy would help prevent inflation. However, this would have other effects. By arbitrarily interfering with price signals, they provide an additional bar to achieving economic efficiency, potentially leading to shortages and declines in the quality of goods on the market, while requiring large government bureaucracies for their enforcement. This is what happened in the United States during the early 1970s. When the price of a good is lowered artificially, it creates less supply and more demand for the product, thereby creating shortages.
I'm not trying to be too critical of you but his economic policies are repeating past mistakes.

A_Wanderer 02-17-2009 05:36 PM

Quote:

Originally Posted by partygirlvox (Post 5880603)
Love Chavez, don't love what he's doing right now.

Don't worry, I'm sure it's somehow Americas fault.

BorderGirl 02-17-2009 06:16 PM

Quote:

Originally Posted by A_Wanderer (Post 5881907)
Don't worry, I'm sure it's somehow Americas fault.

:yes:
That is the line used by both these guys (and their world comrades) for the purpose of rallying ignorant masses against a perceived common enemy. They are promised things in exchange, but as the shit hits the fan the people finally tire of lack of political freedom, food, and the realization that they were used.

purpleoscar 02-17-2009 06:44 PM

Quote:

Originally Posted by BorderGirl (Post 5882122)
:yes:
That is the line used by both these guys (and their world comrades) for the purpose of rallying ignorant masses against a perceived common enemy. They are promised things in exchange, but as the shit hits the fan the people finally tire of lack of political freedom, food, and the realization that they were used.

George Orwell is still applicable in this day and age.

BorderGirl 02-17-2009 09:04 PM

Quote:

Originally Posted by purpleoscar (Post 5882271)
George Orwell is still applicable in this day and age.

Sadly so, and unlike oil, the fuel of ignorance is not in short supply.

Earl-Of-IMDb 02-26-2009 12:43 AM

man, this guy is nuts..:huh:

Tiger Edge 02-26-2009 08:29 AM

As a Venezuelan once aptly told me, "Chavez is a circus."

I'm ready for the additional influx of Venezuelan refugees coming to Miami now. It's now official that soccer is "Miami's sport" instead of baseball, or beisbol, as we Cubans know it. :wink:

financeguy 02-26-2009 03:05 PM

Quote:

Originally Posted by BorderGirl (Post 5882122)
:yes:
That is the line used by both these guys (and their world comrades) for the purpose of rallying ignorant masses against a perceived common enemy. They are promised things in exchange, but as the shit hits the fan the people finally tire of lack of political freedom, food, and the realization that they were used.

Ah, the Bush years.

purpleoscar 03-05-2009 05:24 PM

FOXNews.com - Chavez Orders Expropriation of American-Owned Rice Plant - International News | News of the World | Middle East News | Europe News

Quote:

CARACAS, Venezuela — President Hugo Chavez ordered the expropriation of a rice-processing plant in Venezuela owned by American food giant Cargill Inc. on Wednesday because the company allegedly was not distributing rice at prices imposed by the government.

The socialist leader also threatened to nationalize Venezuela's largest food producer, Empresas Polar, amid rising tension between his government and privately owned food producers that authorities accuse of sidestepping price controls aimed at stemming high inflation.

Chavez said Cargill's plant in Portuguesa state violated local laws by distributing rice without printing the regulated price on its packages. He instructed Agriculture Minister Elias Jaua to "begin the expropriation process."

"Prepare the decree and we'll expropriate Cargill," he said.

Cargill's rice-processing plant in Portuguesa is one of 13 food-processing plants the Minneapolis, Minnesota-based company operates in Venezuela.

Mark Klein, a Cargill spokesman in Minneapolis, said the company is respectful of the Venezuelan government's decision and expects an opportunity to clarify the situation.

"Cargill is committed to the production of food in Venezuela that complies with all laws and regulations. The rice mill was designed exclusively to manufacture Parboiled rice, which the company has done at this site for the last 7 years and elsewhere in the country for 13 years," he wrote in a statement e-mailed to The Associated Press.

Earlier in the day, Empresas Polar said it had asked Venezuela's Supreme Court to block the government from occupying one of its rice-processing plants for a lengthy inspection. The company's Alimentos Polar subsidiary argued it was "unconstitutional, illegal and arbitrary" for authorities to occupy the rice plant for a 90-day inspection.

The government says the price controls need to be respected to control inflation and keep the prices of basic foods affordable, while businesses say the controls could drive them into bankruptcy.

"These private companies can continue functioning as long as they remain within the scope of the law and the constitution," Chavez said Wednesday.

Venezuela's inflation is running at 31 percent, Latin America's highest, despite price controls imposed in 2003 on items such as rice, chicken, sugar and other products.

The government imposed new rules this week to try to prevent producers from cutting output of price-regulated products or from modifying products to circumvent price controls, such as selling paella-flavored rice that does not fall under the controls.

Companies must ensure that 70 percent to 95 percent of their products are the types that fall under the price controls.

Over the past year, Chavez has nationalized Venezuela's largest telephone, electricity and cement companies. His government also is negotiating compensation for the takeover of the country's biggest steel maker, Sidor.

Critics of the measures argue the government is sidelining private enterprise by significantly expanding the state's role in the economy. The nationalizations, they warn, are dangerous because the government could be forced to lay off workers if the price of oil continues its downward spiral.

Venezuela, which relies on oil for 94 percent of exports and nearly half the government's budget, has seen prices plunge from last year's record high of more than $147 a barrel. Benchmark crude for April delivery traded Wednesday at $45.38 on the New York Mercantile Exchange.
Critique on price controls:

http://www.mises.org/story/3346


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