Venezuelan Government blocks private constructions and public elections, just because…

June 15, 2009

Because of the uncertainty, investment in construction has been down for practically all of the ten years that Chavez has been in power in Venezuela. To top it all off, Government housing programs have also suffered of the mismanagement and corruption such that Chavez with his windfall of oil income has been incapable of matching even the achievements in building housing of the Caldera years, when oil income was low and inflation was rampant.

The result is that housing prices have shot through the roof due to scarcity. Try to buy an office or an apartment and prices are really high, they average US$ 2,000 per square meters for housing in Caracas and US$ 3,500  a square meter for office space in the East of Caracas.

With inflation nearing 40%, builders have resorted to selling housing projects with the initial offering price adjusted with inflation, according to the Government’s CPI which clearly underestimates the real CPI through the use of regulated items. This has been a good solution for young couples, as they can not come up with the full amount to move in into a new place and in this way they can contribute to their project and later, when the building is finished they can get a mortgage for the final amount.

In the last year, I have heard more and more people appealing to this mode of financing as the only way for them to have access to their dream home.

But now the Government wants to make sure than fewer homes are built as it forbid this mode of selling and building housing and issued a decree banning the methodology. Even more remarkably, the decree makes it illegal retroactively, something which is simply illegal.

But illegal is for Venezuelans these days just a word in the dictionary. Diosdado Cabello, who was a failure as Governor of Miranda in building practically anything, and the voters punished him for it, suggested that this be approved and Chavez resoundly backed it in his Sunday Alo Presidente program, threatening to “intervene” companies that charge the IPC. It is once more a case, of the Government “ni lava, ni presta la batea” (Does not do the wash, nor does it lend the tray to wash with)

But there is no recourse. If you go to the Courts you will be defeated, witness the recent decision to suspend all elections because the National Assembly is contemplating a new Electoral Bill. This Bill is in the works, but what if it is not approved? Or it is postponed like dozens of Bills regularly are at the committee level?A law is just a project, a Bill, until it is finally approved, no? Do the leaders of other independent powers have “special” knowledge that this Electoral Bill will be approved in speedy fashion? Curious, no?

But for the Electoral Board and even the Supreme Court it does not matter, we can not have elections until the new Bill is in place. Imagine if it is never approved, no more voting, democracy in a state of suspended animation. This does not seem to be the case, but they could do it, which only proves how absurd the whole thing is. In fact, no elections may be better than farcical ones in the end.

It really does not matter, this ceased to be a democracy long ago, I just wished we had half the guts that Iranians seem to have.

iranelex

7 Responses to “Venezuelan Government blocks private constructions and public elections, just because…”

  1. Eric Says:

    The reason Venezuelans don’t have the guts to do what the Iranians did is in large part due to the role that prominent opposition “leaders” played in negating that there had been any fraud whatsoever in the 2004 RR.

    The only voice (Henry Ramos) that questioned the poll’s legitimacy was heard in the wee hours of August 16, and it was quickly drowned out by the likes of Teodoro and a few others, who ridiculed Ramos and challenged him to produce “proof” of the fraud. Well, 5 years later we now KNOW that the RR vote was rigged. Had oppo leaders (I cringe every time I say “oppo leaders”) followed the vox populi of that morning, where even chavistas knew in the hearts that the results were doctored, and had the courage to rise up and challenge the official results, maybe we wouldn’t have this guy jodiéndonos la paciencia today.

    Since that infamous date we’ve been voting in a rigged system, and not ONE significant oppo spokesperson has stood up to challenge the validity of the vote. We use euphemisms, such as “irregularidades” and “anomalías”…..but “Fraud!” never.

    I just hope that one day someone does for the Venezuelan voting system post-2004 what Brian Nelson has done for April 11. (And on that one, there’s still a lot of stuff that hasn’t come out). I think we’ll find that many, if not most, of our opp leaders were and continue to be (how do I put this delicately), er, compromised.

  2. bruni Says:

    I was appaled when I watched the interview of the TSJ’s president.

    Her twisted logic is amazing: since there is going to be a new law, there are no elections until the law is approved! Someone in the comments section gave a very good counter example: if a new labor law is discussed, let us stop working until the law is passed!

  3. LD Says:

    And the Globovision scam continues, now they want 9 millions, let me laugh, only to close it the next day.

  4. If I could turn back time! Says:

    It took the Iranians 30 years to actually start revolting against such an extreme regime! Let’s hope it doesn’t take the venezuelans that long!

  5. Gringo Says:

    Roger: Argentina moving its elections up was a Peronist sham. There will be a gap of EIGHT MONTHS elections and the time the new Congress takes power. This will leave plenty of time for Evita III to scam some more. Eight months of legislation to overturn when the new Congress takes over!

    http://online.wsj.com/article/SB124502150880513761.html

  6. firepigette Says:

    I have been watching the Iranian protests on TV – one can see great determination on many of the faces,especially of the women .Still I imagine the protests will be crushed..but one hopes they have a chance.

    So many people are more fearful than angry in Venezuela, or so it seems from my vantage point.Anger if great enough, can help overcome fear.

  7. Roger Says:

    Well Argentina moved up their elections to later this month in hopes of avoiding even more voter anger as the economy keeps tanking down there. Perhaps these guys think it will get better?

    Iranians talk about “Our Revolution” ever notice that very few Venezuelans say our but rather Chavez’s whatever? Unless they are on the Payroll that is.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: