Archive for January 20th, 2010

Street Crime in Venezuela

January 20, 2010

Obama may be getting ready to shake Venezuelan’s world (But Iran is a priority, seriously, no BS)

January 20, 2010

(Note, this is not BS, this is a serious post, even if you can not believe it)

Just when you think you have heard it all, like it was the bolibouregois that promoted the cheap dollar or cheap imports, or that Venezuela is going to become an exporter thanks to the devaluation, here comes State TV station Vive and says that the earthquake in Haiti was caused by Obama’s Government, thanks to new technology by the US Navy that was tested for the first time. Of course, this is not an invention of VIVE but merely the propagation of rumors because the US Navy fired a missile in some war games in the Caribbean.

Of course, the nuts are not new, you can read here how the Kobe, Japan earthquake was also induced. This one is nice enough to suggest the Haiti earthquake was a mistake, it was just a test gone awry. But Cahvze and his fully controlled media are by now in love with the idea, today Radio Nacional de Venezuela had a complementary article, which you may read at your own risk.

The source of all this is supposedly a report by the North Russian Fleet, which is not clear whether it blames the earthquake on the test or just notes the coincidence between the two.

The ultimate goal of these tests? Of course, Hugo’ buddy in Iran, who always seems to take the limelight. So, my fellow Venezuelans, Obama may be ready to shake you, but we have an early warning system:  not until Iran is attacked first. So, for now, you can rest at ease. We are not the biggest enemy of the Empire.


Note added: The Russian Navy is denying it ever said that!!

The Socialist Arepera going the way of the Empanada Route

January 20, 2010

Barely a month ago, Chavez inaugurated, for lack of anything new in eleven years, a store front containing a “socialist arepera” where the Government would sell the Venezuelan staple at Bs. 5 per arepa. I thought in six months they would be failing, even if Mr. Super-Saman was going to work four hours as a volunteer there every week (Has he?).

Well, Tal Cual reports today that the Arepera Socialista is facing supply problems, from lack of flour (no arepas then!), to lack of ingredients, its customers are getting mad at the bad service. Add to this random hours and long lines and as predicted here and by Daniel (He argued a Government that could not run a dry good business in Mercal, would certainly fail at this).

As Tal Cual reminds us today, the Socialist Arepera may be going by another Chavez proposal, the “Empanada Route”, which never got off the ground as a Tourist attraction.

Par for the course for Chavez and his hare brained ideas.

The Hyperinept by Teodoro Petkoff

January 20, 2010

The economic  and electricity crisis were announced years ago. In both areas a lot of people got tired of noting that the course set by Chacumbele led inexorably to this disaster we are experiencing today.

But the inept one did not to hear. Drunk with petrodollars, he thought he had invented a new type of economy. But the country itself had learned from its previous crises and many people (including pro-Chavez ones that whispered privately in cowardly fashion, afraid to sing the truth to the inept one) noted that Chacumbele’s economic policy was unsustainable. Unfortunately, the facts have been proved right.

But the inept one does not learn the lesson. Now he is trying to skirt his responsibility. It’s the worst possible behavior. It has been shown that when in a crisis, governments that say the truth, as harsh as it may be, people react positively and sympathetically and are willing to sacrifice. But when you lie, people get pissed. When people hear the inept one say “¿Who manages the dollars? ¿Do the people manage them? ¿No, they are manage by the bourgeoisie, which is  accustomed to cheap dollars,” people know that he is lying and they are being manipulated.

The dollars are managed between PDVSA, the Central Bank, Fonden and the government.

After eleven years of “revolution” now the inept one attempts to convince the “people” that the dollars are handled by the bourgeoisie. If so, what is this revolution which puts its fundamental resource in the hands of the bourgeoisie? “The dollars are produced by the bourgeoisie? No, PDVSA produces them. ¿Does PDVSA give them to the people? No, they are sold to the Central Bank and with the Bolivars it pays taxes to the government, who handles these Bs and the dollars that now passes directly the Central Bank.

The money, therefore, is managed by the government. The exchange controls, to control the management of dollars, was established by the government, not the “bourgeoisie.” The “very cheap dollar” was established by the Inept one and he maintained it that way for five years while, incidentally, from the productive sectors of the bourgeoisie, he was warned that it was destroying the productive apparatus and causing and overflow of imports. The naive ones who still believe that Mr. Saman can possibly control the rapid increase in the cost of living by closing businesses, will soon face reality.

Just for the record, we anticipate the inept one what’s coming up in the future with his current economic policies. You’ll have plenty of Bs,between those produced by your devaluation and that produced by the 7 billion dollars you took from the Central Bank. You are going to spend that excess money  electoral excesses.

A temporary joy only. There will be more inflation this year than last, because there will be more Bolivars chasing goods and services and the bolivar will continue to lose value, so in reality the relationship between the bolivar and the dollar will be higher, which is measured at the parallel market . This will result in higher inflation and in a while you will face the panorama of having  to devalue again. Sooner or later there will be more zeros on the notes of the  “strong” Bolivar. By the way, there will be neither economic recovery nor a significant improvement in exports. Continue, thus, inept one on this course and in a while he himself will understand the Chacumbele syndrome.