Random thoughts upon back to reality

November 9, 2004

 


One comes back to reality and arrives with a positive attitude of trying to ignore the news, but then…


 


–First I hear about the case of Silvino Bustillos, a former Justice of the Martial Court and retired from the military. Bustillos was part of a group called Bloque Democratico” which ahs had a fairly radical opposition to Chávez with military and right wing tones that I simply do not like. But the case is growing. Reportedly Bustillos was kidnapped by the military intelligence on the day of the regional elections. Even Stratfor talks about the case. And the Minister of Defense rather than dismissing the charges says that they have to be investigated. I can still be a little skeptical until I learn that a person I know, who is also a member of Bloque Democratico, was kidnapped that same day, beaten and threatened. She was held for four and a half hours and is in bad shape. Apparently there were more than these two cases.


 


–Then I learn that ex-Mayor Alfredo Pena, is being accused right and left. First for his involvement in the April 11 events and now for corruption. So much that the slow Venezuelan Justice has already banned him from leaving the country and two more members of his staff are also being accused. I then hear the President of the Supreme Court say that nobody is immune to prosecution, least of all Sumate and a Justice is recused by the prosecutor in the same case. Well, clearly all pro-Chavez people are immune, dozens of opposition people are being prosecuted and accused and the Chavistas appear to be ethical angels who never do wrong. Funny those that have handled billions of dollars have done it in immaculate fashion, but a $30,000 donation is a state priority. Former Governor Mendoza is also the target of investigations.


 


–A lot of attention is devoted to removing three zeroes from the currency, as if it had some sort of magical implication. If it did, why not remove four zeroes? At least the virtual effects will last longer.


 


–The stories of the regional vote are interesting, but I will not bore the readers with them. In the end, the counting of the ballots was once again a charade. In Carabobo state 67% of the ballots boxes that were counted had significant discrepancies with the electronic tally. But it did not matter; electronic beats audit and let’s move on.


 


–Meanwhile Chavez was in Brazil Dominican Republic and spent nine hours talking to alter ego and supreme hero Fidel Castro. He seems to visit Fidel more than his father. I wonder if both talk at the same time in these meetings. Here is a picture of Chavez in Copacabana. I wonder who does his wardrobe these days.



 


–Fortunately there is always humor as in this picture of a  t-shirt with the “Indepndent Republic of Zulia”. For years the map of Venezuela has been drawn with the British Guyana dashed and the label:”Zone under claim”. Well, the new t-shirts have the map with Zulia state, where the opposition Governor won, as Venezuela and the rest of the country as the “Zone under claim”. At least it relaxes you a bit. But it does not last long.



 


What I think the regulator should do with CANTV and Digitel

November 5, 2004

Before the Chavez Government states its position on the CANTV purchase of Digitel, let me state mine, to make sure some of the fanatics don’t accuse me of always taking an anti-Chavez position.Very simply, I would not allow the transaction as proposed. In a country with 9 million cell phones, more than one in every three Venezuelans has a cell phone, it can not be good for the consumer to eliminate one competitor. This is what Government’s are for, to regulate the economy, not to participate in it. They should stop it. The only solution I see is for CANTV to sell Movilnet. If CANTV sells its residential telephony to the Government as a way to allow the transaction, I would also disagree with it. Competition is good, as simple as that.


CANTV to buy Digitel, why?

November 5, 2004

Venezuela’s largest telecom operator CANTV has just announced an agreemnet to purchase Digitel, the country’s third largest cellular operator for US$ 450 million from Teelecom Italia. CANTV is currently the second largest operator via its Movilnet subsidiary with close to three million subscribers. Digitel had around one million subscribers. As long as the regulators approve the transaction. Will CANTV now turn around and sell Movilnet with three million CDMA subscribers to America Moviles to allow the regulators to approve the transaction? Or will it sell its fixed line operations to the Government? Stay tuned… The company also announced a dividend of 43 cents (US) per ADR, which will be paid at the official exchange rate, in another perverse act of discrimination of local investors. Locals will get the bolivars…


November 5, 2004

Lost in the shuffle today was the news that the Penal Hall of the
Venezuelan Supreme Court decided against reconsidering the sentence
that freed the Puente El Llaguno gunmen. Even I have to agree with
prosecutor Danilo Anderson who complained that this leaves eight
metropolitan police members still in jail. Members of the Supreme
Court are accusing each other of manipulating the case. Can there be
worse news than this…

Of course there can be, famous burping General Acosta Carles who has
shown his disdain for the law and democracy was proclaimed today as
Carabobo Governor…poor Carabobo…poor Venezuela…and then…

There is the CNE Director Jorge Rodriguez who gave a most biased
statement tonight at the proclamation of Juan Barreto as Mayor of the
Metropolitan area. Rodriguez said: “The political panorama is now
clear, I had to be here, and it is my pleasure. It is you who support
democracy. This new democracy that has received so many aggressions.
This new democracy that has resisted all of the attacks that it has
been subjected to. A new democracy that expressed itself on August
15th. and October 31st. with elections that were absolutely
transparent”…yeah! yeah! yeah!


November 5, 2004

Lost in the shuffle today was the news that the Penal Hall of the
Venezuelan Supreme Court decided against reconsidering the sentence
that freed the Puente El Llaguno gunmen. Even I have to agree with
prosecutor Danilo Anderson who complained that this leaves eight
metropolitan police members still in jail. Members of the Supreme
Court are accusing each other of manipulating the case. Can there be
worse news than this…

Of course there can be, famous burping General Acosta Carles who has
shown his disdain for the law and democracy was proclaimed today as
Carabobo Governor…poor Carabobo…poor Venezuela…and then…

There is the CNE Director Jorge Rodriguez who gave a most biased
statement tonight at the proclamation of Juan Barreto as Mayor of the
Metropolitan area. Rodriguez said: “The political panorama is now
clear, I had to be here, and it is my pleasure. It is you who support
democracy. This new democracy that has received so many aggressions.
This new democracy that has resisted all of the attacks that it has
been subjected to. A new democracy that expressed itself on August
15th. and October 31st. with elections that were absolutely
transparent”…yeah! yeah! yeah!


November 5, 2004

Lost in the shuffle today was the news that the Penal Hall of the
Venezuelan Supreme Court decided against reconsidering the sentence
that freed the Puente El Llaguno gunmen. Even I have to agree with
prosecutor Danilo Anderson who complained that this leaves eight
metropolitan police members still in jail. Members of the Supreme
Court are accusing each other of manipulating the case. Can there be
worse news than this…

Of course there can be, famous burping General Acosta Carles who has
shown his disdain for the law and democracy was proclaimed today as
Carabobo Governor…poor Carabobo…poor Venezuela…and then…

There is the CNE Director Jorge Rodriguez who gave a most biased
statement tonight at the proclamation of Juan Barreto as Mayor of the
Metropolitan area. Rodriguez said: “The political panorama is now
clear, I had to be here, and it is my pleasure. It is you who support
democracy. This new democracy that has received so many aggressions.
This new democracy that has resisted all of the attacks that it has
been subjected to. A new democracy that expressed itself on August
15th. and October 31st. with elections that were absolutely
transparent”…yeah! yeah! yeah!


November 5, 2004

Lost in the shuffle today was the news that the Penal Hall of the
Venezuelan Supreme Court decided against reconsidering the sentence
that freed the Puente El Llaguno gunmen. Even I have to agree with
prosecutor Danilo Anderson who complained that this leaves eight
metropolitan police members still in jail. Members of the Supreme
Court are accusing each other of manipulating the case. Can there be
worse news than this…

Of course there can be, famous burping General Acosta Carles who has
shown his disdain for the law and democracy was proclaimed today as
Carabobo Governor…poor Carabobo…poor Venezuela…and then…

There is the CNE Director Jorge Rodriguez who gave a most biased
statement tonight at the proclamation of Juan Barreto as Mayor of the
Metropolitan area. Rodriguez said: “The political panorama is now
clear, I had to be here, and it is my pleasure. It is you who support
democracy. This new democracy that has received so many aggressions.
This new democracy that has resisted all of the attacks that it has
been subjected to. A new democracy that expressed itself on August
15th. and October 31st. with elections that were absolutely
transparent”…yeah! yeah! yeah!


November 4, 2004

Well, the anarchists ended up being the Attorney General´s office and
the intelligence police that did indeed raid the residence of Governor
Lapi (He is still in charge). I wonder what the Governor elect would
say now? Isais Rodriguez is an anarquist? The Minsiter of Defense?
Such a big mouth! These people are so predictable…


November 4, 2004

Well, the anarchists ended up being the Attorney General´s office and
the intelligence police that did indeed raid the residence of Governor
Lapi (He is still in charge). I wonder what the Governor elect would
say now? Isais Rodriguez is an anarquist? The Minsiter of Defense?
Such a big mouth! These people are so predictable…


November 4, 2004

Well, the anarchists ended up being the Attorney General´s office and
the intelligence police that did indeed raid the residence of Governor
Lapi (He is still in charge). I wonder what the Governor elect would
say now? Isais Rodriguez is an anarquist? The Minsiter of Defense?
Such a big mouth! These people are so predictable…