The Maduro Government Is A Self-Parody

February 9, 2014


Sometimes one is simply incredulous of the things these Bolivarian revolutionaries can come up with. The country is not functioning properly and rather than devote their time to solving the problems, they seem to have some sort of anti-think-tank, where creative/naive/ignorant/revolutionaries seem to have a contest of funny proposals and ideas. It seems as if a bunch of guys and gals sit around a table shooting the bull, until they find something that they think is good, but which has no precedent anywhere in the world, nor does it seem to make much sense, nor any basis other than it seems like a good idea, independent of costs and difficulties.. Decrees are issued, laws are passed and soon the absurd, what appears a parody of reality, becomes a fact in rojo-rojito Venezuela. Add to that Maduro’s statements and you have a Government which seems to be trying to parody what a Government is supposed to be doing it. And they are extremely successful at that. So much so, that Chigüire Bipolar reads like Globovision in its titles. They have become a self-Parody

Here are the latest examples of these parodies:

Traveling Insurance: Minister of Tourism Izarra, as improvised a Minister as there can be, has issue a decree which makes it obligatory to have travel insurance, whether you leave Venezuela or come to Venezuela. Anyone traveling from Venezuela abroad, or vice-versa will have to be “informed” by the transport provider that he or she requires insurance for health and luggage.

Now, just to make life more difficult, it is the airlines that will have to provide you with this. And the decree explicitly forbids travel agents from selling it to you.

There are a number of strange things about this insurance. One, luggage is already insured by the airlines. If the airline loses your luggage, they have to compensate you, so I imagine that it also include theft of the luggage when you are no longer being transported.

But the weirdest thing about this idea, is that at the time that the airlines are owed over three billion dollars by the Venezuelan Government, they create this obligatory insurance abroad and in Venezuela that will be provided by some company or companies, but who the hell will pay them for dollars expenses abroad? Given the experience of the airlines, who will be interested in providing this insurance, when the Government is saying it has no foreign currency for the airlines or to pay private debt?

Who will pay for foreign currency expenses of these insurance companies? If the Government does not have enough dollars, why create a new need for new dollars? Is this in the budget for foreign currency now? Or is this Izarrita acting on his own and having no clue as to how this will be (ever?) be paid? I mean, according to official records, 1.2 million Venezuelans traveled abroad in 2102, at Bs. 800 to Bs. 1,000 per pop, we are talking about a cool US$ 100 per traveler at the Sicad exchange rate, or US$ 100 million a year.

Or is this another “guiso” and the Government already knows which insurance companies will be the “provider” of this service? Will those that travel and have incidents ever get paid?

Just asking…

Full Compliance Contract: As part of the new regulations for importing using Cadivi or Sicad rules, importers will have to sign a contract that they complied with the use of the foreign currency. The contract obliges them to obtain a bond from a bank or insurance company that guarantees the amount given to the importer plus the possible fine. Since the possible fine is up to 100% of the amount approved by the Government, then we are talking about banks and insurance companies issuing bonds or guarantees of up to 200% of the amount. (In US DOLLARS!)

Let’s run some numbers. Since the Government is taking three to six months to pay Cadivi imports, let’s use six months as the average time to “free” the bond to the bank or insurance company.

Let’s say imports this year (Cadivi+Sicad+pseudo-Permuta) reach US$ 48 billion, half of that is US$ 24 billion, an thus the amount amount outstanding in these contracts for six months of imports would be “only” US$ 48 billions.

There is simply no capacity in all of the Venezuelan banking system and insurance system to issue this amount in bonds, guarantees or whatever you may want to call them. This guarantees would have to be in dollars, not in equivalent Boívars.

Moreover, how many of these “importers” are worthy of a bank or an insurance company issuing them a bond or guarantee in US$ dollars for any amount?

Have these brilliant Bolivarian bureaucrats ever heard of the words “credit risk”. They clearly haven’t.

Just saying…

Maduro asks Toyota for the impossible: The last example comes from the top: Maduro and his VP for the Economy. Toyota this week announced that it would be stopping production in Venezuela indefinitely due to a lack of foreign currency. The announcement was made by Shino Yamada, who is a Toyota spokeswoman at the company’s New York headquarters.

So here comes a bully, arrogant Maduro, asking his Minister to have Toyota a heavyweight, either the President for Latin America or in his own words “someone from Japan”. Hey! Maybe Shino Yamada herself will be sent from the “imperio”. According to Maduro, maybe some lowly manger made the decision, which shows that he made no homework in finding out who made the statement. Years lost as Foreign Minister if you ask me. He learned very little.

But then, he shows how clueless he is when he says “It seems as if the only plan of some little managers is dollars, dollars, dollars..Where is the capacity to create the products here, we have it all: Aluminum, Petrochemicals, Iron, Steel…”

Well, how clueless can he be? To begin with, very few parts of a Toyota are made in Venezuela, which Maduro appears not to know. But more importantly, of the four industries that “we have it all”, only one can be said to be functioning more or less, petrochemicals, basically because the Government decided to take all them over. Or should I say Hugo Chávez?. The other three: Aluminum, Iron and Steel are producing very little under revolutionary management and can’t even supply other industries that do use these products in their manufacturing.

But this is the same Government who has brought fly by night operations from Iran and China to manufacture (assemble) cars here without any steady production or infrastructure, just a big arbitrage of the rate of exchange. Some, or many of these companies are actually not producing anything, they just don’t say anything. Toyota, in contrast, is a publicly trading company which is by law forced to disclose events that impact its bottom line. Venezuela shutting down is important. And Maduro is likely to react with his characteristic bully style, threatening to “nationalize” the Toyota plant, which will simply become another empty white elephant under Bolivarian management. But hey! We have homeland!

But what can you expect from President’s right? That is why you have “experts” right below him, like Vice-President for the Economy Ramirez. His accusation against Toyota?: Toyota Venezuela has debt with its Home Office.

Really Rafael? What do you expect these companies do, when Cadivi does not provide the US dollars for parts? The “Home Office” sends the parts on “credit” to the local company to keep the plant running until the line of credit with that subsidiary reaches its maximum. It’s called “risk management”, because as you know Rafael, a certain Minister said two weeks ago that Venezuela can not afford to pay its Cadivi debt, that includes Toyota’s.

And yes, Toyota Venezuela now has a debt with Toyota Japan. That is as evident as saying Venezuela owes bondholders (And right now, they are scared s…less)

In some sense, the Maduro Government has become a self-parody. They speak as if they were trying to outdo each other. Who can be crazier? Who can sound nuttier? Who can make the most outrageous comment? Who can be so creative, that he will promise the impossible?

And its becoming a daily competition. pero tenemos Patria…

55 Responses to “The Maduro Government Is A Self-Parody”

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  3. Dave Hill Says:

    It is amazing the blind adherence we see to the Marxist ideology when there are so many examples of the disasters that it has produced. It is like they are saying “if we can’t have it, nobody is going to have it. ” The people who stand to lose the most (e.g. the rich Hollywood traitors et al) are often the most ardent supporters of this insanity. They can be easily deceived into thinking that cultural Marxism (a hatred of white Christian democracies) coupled with Marxist economic policies ( a hatred of wealth and the mechanism that produces it) are the salvation of the world. Nothing could be farther from the truth. As Karl Marx said, ” I am become death-destroyer of worlds.”

    • m_astera Says:

      Communism works just fine for those at the top. I guess the same can be said of predatory capitalism, no?

      • vijay Says:

        Karl Marx never said that; It was Robert Openheimer quoting words from the Bhagavad Gita: “Now I am become Death, the destroyer of worlds.”

  4. Roger Says:

    Lets call Madurocare! With this wonderful Venezulan insurance plan that you pay for in USD. If you get sick you can stand in line at the public hospital of your choice for hours if not days and then you get into a room that looks like a not so clean slaughter house. On the good side the doctor is very skilled. Too bad he has no medicine and you will have to go find a Farmacia that has some. Not easy these days. If you need surgery. you will have to provide all that too. Always bring as many friends as you can to help you. Also, if its serious send one of them out to find a priest and a lawyer to do your will.

  5. Ira Says:

    My niece and her boyfriend just left to visit someone in Miami, before heading to the airport to go back to VZ. And what a few days it’s been:

    I know things were bad there, but when your niece sheds tears at the sight of our stores’ abundant contents…the cheap PRICES of mundane products compared to VZ…the cleanliness of our streets (I live in Coral Springs, Florida)…the tight organization and efficiency of private and governmental services…the CIVILITY of everything here compared to VZ…it really got to me.

    She’s going back to a living hell, and my wife is STILL bawling her eyes out about the things she told her. No one should have to live like that.

    Amazingly (or maybe not?), she got a 10-year visa, which allows her stays of up to 6 months at a time. Has the American consulate become more lenient about the tourist visas, considering the situation there? It’s not like she owns any property there or would HAVE to ever return for other reasons. (She’s a social worker for a government she’s always hated.)

    So what’s the deal with trying to emigrate? What’s the waiting list for VZers like, and does attempting that have any ramifications for your tourist visa, where they would revoke it? (I have a NIGHTMARE story of getting a simple tourist visa for my wife 25 years ago, before we married, but that’s a different story.)

    I have a new mission in life.

    • Alex Says:

      If she comes and goes with her tourist visa, at one point or other she´ll be caught, she will be stopped at immigration and threatened to be disallowed admission to the country. Besides, it´s expensive and traumatic. Having to travel to undersirable Venezuela every six months, to remain there for a few weeks at time, is definitely not recommendable.

      Unfortunately, options to migrate to the US are limited but NOT as limited as they could be in Europe. The US is incredibly open to immigration.

      • Ira Says:

        Oh, no–she wouldn’t be coming for long periods of time. Or even coming that often.

        Just curious as to how long the “wait” is estimated nowadays–5 years, 10 years? And whether that application would affect her current visa.

        • VJ Says:

          Being a “social worker for the venezuelan government” won´t help her to obtain a US green card. Maybe you don´t know but In Venezuela, we got thousands of cuban spies working for the government as “social workers”. So IMHO, first thing your niece has to do is to quit working for the Venezuelan chavista government.

          • Ira Says:

            You have a point, but ironically, the man at the Consulate was very impressed by that fact, and she indicated it was an influencing factor on her getting the visa. And the same thing happened to her coworker!

            She’s in a profession where the only employer IS the government, so that might not necessarily work against her.

            But she can’t even find an apartment, and was kicked out of her last place when the landlord found out she worked for the government. He was just too afraid of the possible bullshit he could get into having a red-hatter under his roof, although she despises the red hatters.

          • Ira Says:

            Oh–she’s a geriatric mental health counselor slash social worker, and has her degree in something like that.

            But I hear what you’re saying about being lumped into that one category.

          • Ira Says:

            VJ–what should I be looking for there? Opportunities for her emigration based on job skills?

            • VJ Says:

              Yes, and also very important that she speaks and writes english fluently. So stop being worry and get busy because there is a lot of work to do.

  6. concerned Says:

    Airlines and car companies cutting their losses is one thing, but I am more interested in when Polar will decide to through in the towel. And we think it is hard to find food now?

  7. Salesman Says:

    Japanese companies, particularly large Japanese companies, do NOT make hasty announcements. This decision was approved at top levels in Japan,

  8. Alex Says:

    About the bond (fianza), are there any articles you could refer us to? The media mentions the compliance contract but not the bond.



  9. Ira Says:

    Miguel, do you have a link to this anywhere in Spanish?

    I want to show it to my niece and her novio who are returning to the hellhole tonight.

    Can’t tell you how it’s breaking my and my wife’s hearts talking about horrible it is there…how they feel like hamsters on a wheel…and are beyond desperate to get out.

  10. VJ Says:
    ¿Quién toma las decisiones en materia económica en el Ejecutivo Nacional?
    “Bueno, esa es una pregunta que todos nos estamos haciendo. El grado de desorden o de desarticulación adentro hace muy complicada la toma de decisiónes”, dijo.
    “En teoria, debería ser el vicepresidente del área económica (Rafael Ramírez)… en conjunto con el Banco Central de Venezuela… sin embargo, en la realidad hay diversos grupos que ponen en la mesa sus cuotas de poder y manipulan con ellas”.
    Explicó Vera Azaf que existen tres grupos distintos: el comandado por Rafael Ramírez, otro por Jorge Arreaza y el tercero por Diosdado Cabello.
    Cada uno de estos grupos, agregó, “se acerca al presidente Nicolas Maduro y trata de interferir en la toma de decisión que él hace personalmente. Y es por eso que vemos este desorden. Se toman decisiones solapando unos y otros y a fin de cuentas no se resuelven los problemas básicos”.
    “Por ejemplo, se tenía entendido que el Ministerio de Comercio cuando estaba bajo la tutela de Jose Khan trabajaba en coordinación con la vicepresidente del área económica y el Banco Central. Eso se rompe una vez que José Khan sale y entra Dante Rivas, quien en este momento está tomando el despacho y no sabemos con qué grupo se va a alinear. Por otro lado, Alejandro Fleming, presidente del Cencoex, antiguo Cadivi, uno hombre de plena confianza del vicepresidente Jorge Arreaza, y por otro lado Jorge Giordani quien extraoficialmente se conoce que estaría alineado con el presidente de la Asamblea Nacional, Diosdado Cabello”.
    Como ejemplo, la periodista mencionó la suspensión de la subasta Sicad de la semana pasada.
    “La información que tenemos y que publicamos en el diario El Nacional es que no se debió a escasez de divisas como tal, que sí están muy bajas y que ciertamente no alcanzan para todos los requerimientos de importación… sí llamó la atención que si 220 millones de dólares no es una gran cantidad de dólares, ¿por qué se había suspendido la subasta? Nuestras fuentes extraoficiales efectivamente aseguraron que tenía que ver con las pugnas de poder que hay dentro del gabinete económico y, en ese caso específicamente, tenía que ver con quién decidía a qué sector se le iba a convocar y a qué empresas de cada sector se iba a convocar”.

  11. If airlines are not flying to Venezuela (are they?) then what’s the point of travel insurance?

  12. Kepler Says:

    And about these insurances: I usually have an insurance from Belgium which can pay for all kinds of problems abroad and it is cheap. So: that doesn’t work in Venezuela now, I guess.

    Are the insurance companies to deal with Venezuela now somehow related to some Boligarchs, even for people coming from abroad?

  13. Virginia Says:

    It’s a totally lost cause, and those who are able to leave that madness behind, should! The day may be near when they are not allowed to do even that.
    It IS following in Cuba’s footsteps! – People, stop waiting for things to change,
    it’s not going to happen..!!! Look at’s been 60 years…so far!

  14. Kepler Says:


    Can you explain me the “rationale” of Ramírez about the debt?
    I know you can explain things like the Quantum theory and the like but this might be a little bit more difficult.

    I am trying to get into Ramírez’ mind:

    1) Toyota Venezuela says in its books that some service from Toyota Japan to them costs not 1000 but 100,000,000 dollars

    2) Toyota Venezuela asks the Venezuelan government to get them so many dollars for their bolívares.

    3) In that way Toyota Venezuela, which in reality only got 1000 dollars
    in “services” (we are not talking about parts…or if we do, according to Ramírez, they are overpriced), manages to send earnings to Japan.

    4) The Venezuelan government wants to determine how much those earnings are, because the current ones are “usury”.

    Is it something like that?

    I figure out the mother company has sent lots of parts that haven’t been paid and that is what is own but…

    Good Lord!

    • PM Says:

      Kepler, I’m no Miguel 🙂 I still think I know what he means.

      A lot of foreign companies claim zero income in Venezuela to avoid paying impuesto sobre la renta. This is done by always being in debt with their casa matriz. Ramirez is probably claiming Toyota’s debt is artificially high cuz they’re trying to get extra dollars. That’s why he wants to fiscalizarlas: to see how many dollars they actually need.

      • Kepler Says:

        In principle THAT would be a real issue. There is a discussion in Europe (and the US) because companies such as Google are trying to use every “legal” loophole not to pay any tax anywhere, really getting profits in the billions in Europe but somehow making it all as if the ones really to be taxes are some offices in some Caribbean island.
        In the case of the digital world, it’s very hard to keep control of these things, but in the case of cars Venezuela and of other palpable products,
        the government should have it easier to control such companies, shouldn’t it?

        • moctavio Says:

          It does, you would not believe all of the checks they make.

          • Frank Says:

            “Mentalidad de parásito tiene el gerente de la Toyota en Venezuela…” – como al bebé le dijeron que no y botó los juguetes de su corralito?

            It’s a pity there isn’t a better forum to discuss Venezuelan matters on. Things get smaller and smaller here.

            It looks like tomorrow could be an important moment, is there any intention to report or comment on that here? I mean, there was an intention expressed that this blog would be around to report on the end of the regime. This is as good a moment as any in the past 5 years to make good on that promise.

            • moctavio Says:

              I am not in Venezuela and the media is unlikely to cover tomorrow well. I hate covering something and not knowing whether what I am saying is the truth or not. I will try to cover it, but it will not be easy.

            • Frank Says:

              ok I understand, sorry for imposing. I’ve been living in Venezuela on and off over the past 4-5 years, right now I’m “next door” in Colombia. I appreciate the difficulties in reporting real news from Venezuela; in the last 5 years I don’t remember anything as repressive as gunning down students in the street as in Táchira and Mérida over the last 2 days. The mood, from people I know in Caracas, is very negative, they expect serious disturbances tomorrow, and in a way, they hope that might bring some real change. Right now it’s the students are pushing the agenda, and Lopez, MCM, with some way behind Capriles, are all trying to catch the protest wave and save themselves from becoming irrelevant. The students have the least to lose, they might be onto something/

  15. concerned Says:

    He is just that stupid as an idividual, and has surrounded himself with the same. But he is also following the Havana playbook so we shouldn’t be so naive to think that these actions are random and born from ignorance.

    As far as the major car lines that only assemble some versions of their cars in Venezuela, they should shut down production. The quality is crap, with pieces falling off after only a few months on Venezuela’s poorly maintained roads. The only brand that seems to be holding up to the task for now is Mitsubishi. The Toyotas, Ford, Chevrolet and expecially Dodge are nowhere close to the quality of those assembled elsewhere.

  16. Island Canuck Says:

    Traveling Insurance:

    This is a HUGE attempt at outright theft by Izarra. He must feel out of the loop money wise.
    As the government will only allow “authorized” companies to participate & they will have no means to cover the huge medical costs in foreign countries like the USA this is just an open spigot of cash in useless Bolivares.
    We buy insurance with US providers when we travel. US$1 million in coverage with a $2,000 deductible for 1 month for 2 people costs around $320.

    Full Compliance Contract:
    Another pipe dream for the red crowd.
    Legislate an impossible law & then sit back & smile.
    Now we have an excuse to not pay out money we don’t have.

    Maduro asks Toyota for the impossible
    Toyota has just announced that they will be closing their plants in Australia due to problems with a strong Aussie currency & falling local market.

    If they will do that in a market of more than 1 million total car sales a year what will they do in a market of a few thousand sales a year.

    On top of no new cars the government is trying to control the cost of used cars in a market where demand far exceeds supply. Good luck with that. Bs.1.000.000 extra for the keys. Ha, ha.

  17. nacazo Says:

    regarding toyota, maduro is a genius. maduro has said

    “Empresa que cierre, empresa que el Estado tomará para el resguardo de los trabajadoras y trabajadores”.

    something along, company that closes, company that the State will take over to safeguard the workers.

    Now that toyota will close and given the efficiencies of the venezuelan goverment, Venezuela will start making cars which will be called Veneyotas or Veyotas which will take the rest of car makers in the world out of business….

    /sarc off

  18. Frank Says:

    Is this a bit irrelevant though? Are the student protests starting in Táchira going to become something self-sustaining?

    Are MCM’s hysterical harangues, Leopoldo’s good looks and Capriles’ footslogging finally going to be overtaken?

  19. David Pritchard Says:

    I think your government is far cleverer than you think and all what they are doing is a Fidel master plan for the total takeover of the population and it’s financial means

    • RattInnaCage Says:

      But you have to realize that Cuba had a “Sugar Daddy” in the old Soviet Union who would have done ANYTHING to poke a stick in the US eye. Fidel was also a very intelligent man, educated in private schools, college graduate. Maduro? Can tell the difference between the gas and brake pedals of a bus – after that, it’s a mystery.
      No, these decrees are not sound economically in any way.

      As far as Maduro telling a US company like American Airlines or Ford “It’s my way or the highway”, I can see those companies packing up leaving what they have in Venezuela, and just writing off the loss on their 2015 taxes.

      • Ira Says:

        I take issue with your characterization of Fidel. One vital factoid that trumps all others:

        Fidel was ready and willing to sacrifice Cuba and its people to nuclear weapons, and of course, also kill millions of Americans and Russians, should their countries be foolish enough to cross that line.

        • RattInnaCage Says:

          Ira, I was speaking to Castro’s intelligence, not his ruthlessness or his ideology.

          Mao was another example of a man with great intelligence and much better schooling then the normal Chinese man would have been given, yet he had absolutely no qualms about killing millions upon millions of his own countrymen.

          • Ira Says:

            I get your point, but that’s the thing. To me, he didn’t do anything brilliant. My take is, the man is a dope.

            His rise to take power didn’t take much intelligence–conditions were ripe for that under Batista. Once taking power, getting the Soviets to support him wasn’t exactly an exercise in brainpower either. It was a given that the Soviets would support him.

            And having the Soviets prop up your failing economy was pretty stupid too:

            Castro would have done TONS better for the Cuban people by addressing grievances with the Norte, work on equitable solutions, and create a true socialist utopia, and I use the term socialist in the least communist way possible. In other words:

            He blew it, and Hugo blew it, because they were idiots. They didn’t see the silver linings in their clouds–only the clouds. So they blew them all away.

            And with that, they blew away their nations’ futures.

            And can you imagine the shape VZ would be in today, with those rising prices in oil, if Hugo DIDN’T listen to the idiot Fidel?

            Get my point?

            These are not smart people we’re talking about here.

  20. Alejandro Vega Says:

    Plain and simple.. Maduro is an idiot. Do not even try to understand what he is doing. By the way, you have Venezuelans travelling in 2102 already… Maduro and Conviasa taking us back to the future.

    • Dr. Faustus Says:

      You are doing a disservice to all the other idiots of the world by calling Maduro an idiot. This is more in the category of a howling-at-the-moon dementia……

  21. syd Says:

    Regarding the cluelessness of the left …. Cruz Diez offers an opinion to JOLGUER RODRÍGUEZ COSTA (El Nacional):

    –De protestar los venezolanos como los franceses, ¿sería otra esta historia?

    –No lo creo, porque la izquierda perdió su oferta con un discurso basado en la sociedad y economía de los siglos XVIII y XIX. No ha encontrado cómo enfrentar esta nueva civilización de la compactación del tiempo, de la comunicación instantánea, sin obreros… Sólo técnicos.

    Source: (hat tip Carolina on CC).

  22. m_astera Says:

    I still think you are making a wrong assumption, Miguel. That being, that the “government” is trying to run a successful economy and its failure is due to ignorance and incompetence. What if the real goal is to turn Venezuela into another Cuba? Cuba doesn’t let its inmates freely travel abroad. What better way to end foreign travel than not paying the airlines and piling more onerous debt on them by requiring this insurance? Cuba does not have a middle class nor entrepreneurs nor private industry. What better way to destroy the middle class and private industry than by making it impossible to obtain foreign currency while expropriating essential industries and idling them, or requiring these ridiculous bonds that cannot and will not be issued?

    • dyingearth Says:

      I have a feeling the travel insurance is their brilliant idea to get hard currency from abroad. Whether it works or not is besides the point. The point is that it’s a brilliant idea.

    • TV Says:

      I fully agree. If viewed from the angle that they want to destroy the economy so everyone would depend on the government for survival, the entire Chavista economic policy makes perfect, twisted sense. It’s precisely what and why happened in Zimbabwe in 2000.

    • RattInnaCage Says:

      In Cuba, you need a boat, a fair amount of money, and a willingness to possibly die at sea to escape the Castros.

      In Venezuela, you would only need a car or even just your feet and a couple of small bribes to go to Columbia, Brazil, or Guyana. Then please, if you don’t wish to stay in Latin America, come to the United States and make us an even better country then we are now.

  23. xp Says:

    Ningún jorobado ve su joroba.

    • xp Says:

      Mad _uro please heed the call
      Don’t stand at the doorway
      Don’t block up the hall

      For he that gets hurt
      Will be he who has stalled
      There’s a battle outside
      And it’s ragin’

      It’ll soon shake your windows
      And rattle your walls
      For the times they are a-changin

      borrowed from Bob Dylan

    • xp Says:

      Even after all this time,
      the sun never says to the Earth,
      ‘You owe Me’.
      Look what happens with a love like that,
      it lights the Whole Sky.
      – Hafiz
      So you see, Toyota should have been
      the sun that Mad uro never had.

  24. geronl Says:

    Same thing in my country where the official response to chronic high unemployment is that this creates more leisure time for the masses.

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