Archive for August 16th, 2009

The curious case of Chavez giving Antigua US$ 50 million in aid

August 16, 2009

(Este post en español aquí)

Scrooge McDuck in the money

And I can’t help but be surprised by Chavez’ generosity in giving the Government of Antigua and Barbuda, infamous for hosting Sir Allen Stanford and his Ponzi bank for so  many years, to the detriment of so many middle class Venezuelans. We all know Chavez likes to throw around his influence around, but Antigua getting US$ 50 million is simply too fishy to pass up.

First of all, it seems overly generous. Second, Venezuelans getting ripped off by Stanford was due in large part to the Venezuela’s Government laxity in allowing Stanford International Bank to operate at will in Venezuela.  In fact, it was the Chavez administration that authorized Stanford to acquire a local banking license that allowed its operations to get respectability and grow in Venezuela. Despite this, the Venezuelan Government has not assumed any responsibility in the swindle and there were clearly ties that were simply too close for comfort between Stanford International bank, the local Stanford Bank and the Chavez administration.

But last but not least, there were persistent rumors that the Venezuelan Government sent two jet planes to the island of Antigua as Stanford International Bankwas unraveling. Clearly, there was no hope of recovering the money owned by robolutionaries, but at that early stage, all they wanted, including apparently Chavez’ own brother, was to have their names erased from the database. Reportedly even the man in charge of dirty tricks, General Carvajal went to the small Caribbean island in one of those planes.

So, a few months later Chavez gives Antigua and Barbuda US$ 50 million, more than it has ever given Haiti, a country that truly needs it. Hard to believe there is no connection between “favors” received and this payoff by rich uncle Scrooge Mac Hugo.

The philosophy that they want to use to take Venezuela back into the XIXth. Century

August 16, 2009

(Este post en español aquí)

hsc0519lThere is an interview today in El Nacional page A-5 (by subscripition only) with Maria de Queipo, President of the Education Committee of the Venezuelan National Assembly. There isn’t much to the interview, except for the usual Chavista slogans and platitudes. But there was one phrase that struck me, why the educational sector does not know about education and the law has the communal councils run things:

“Popular wisdom outstrips academic knowledge”

That’s it! It is knowledge that seems to be being accused of being responsible for the ills of the people, it is knowledge that has not been able to solve the problems of the people. Thus, we are going to try using popular wisdom to do it.

A philosophy that will take Venezuela back to the XIXth. Century if we let them. In the era of knowledge and technology, Chavismo wants popular wisdom to rule education and in the end, Venezuela. Funny, Chavismo has been in power for ten years and little has been accomplished, but they fail to notice this, this ignorance will take Venezuela into the dark ages.

Scary, no?