The Conservative Cave
Current Events => Economics => Topic started by: txradioguy on May 16, 2016, 07:49:29 AM
-
Venezuelan President Nicolas Maduro announced a sweeping crackdown Saturday under a new emergency decree, ordering the seizure of paralyzed factories, the arrest of their owners and military exercises to counter alleged foreign threats.
The embattled leftist is struggling to contain a raging economic crisis that has led to food shortages, soaring prices, riots, looting and vigilante justice, pushing Venezuela to the brink of collapse.
He accused the United States on Friday of destabilizing the country at the behest of the "fascist Venezuelan right," prompting him to declare a state of emergency.
Addressing his supporters at a rally in central Caracas on Saturday, Maduro announced some of the actions to be taken under the decree, which has not yet been published.
"We must take all measures to recover productive capacity, which is being paralyzed by the bourgeoisie," he told the cheering, red-clad crowd.
"Anyone who wants to halt (production) to sabotage the country should get out, and those who do must be handcuffed and sent to the PGV (Venezuelan General Penitentiary)."
The move comes after the largest food and beverage company in Venezuela, the Polar Group, halted production of beer on April 30, saying government mismanagement meant it was no longer able to import barley.
The company's owner, billionaire businessman Lorenzo Mendoza, is a vocal opponent of Maduro, and the president has accused him of conspiring against his government.
Maduro also ordered military exercises next Saturday "to prepare ourselves for any scenario," denouncing alleged plans for an "armed intervention."
Opposition leaders accused Maduro of using the emergency decree to destabilize the country and block them from organizing a referendum on removing him from office.
The opposition has launched the process by collecting 1.8 million signatures in favor of a recall vote, but say authorities are now stalling.
At a rival rally on the east side of the capital, opposition leader Henrique Capriles warned Maduro was pursuing a dangerous strategy.
"Venezuela is a bomb that could explode any minute," he told some 1,000 protesters decked out in the red, yellow and blue of the Venezuelan flag.
"If you block the democratic path, we don't know what could happen."
Venezuela has the world's largest oil reserves, but is mired in a crippling recession exacerbated by an electricity crisis that has forced the government to decree daily power cuts across most of the country, close schools on Fridays and reduce the workweek to two days for government employees.
Maduro's decree expanded an "economic emergency" declared in January to a full-blown state of emergency.
http://www.msn.com/en-us/news/world/maduro-orders-seizure-of-closed-venezuela-factories-jailing-of-owners/ar-BBt3bLI?ocid=spartandhp
-
The old reliable rallying cry of 'Foreign meddling' and 'Sabotage' being behind an entirely home-brewed disaster. In reality Venezuela is a stinking mess that nobody outside wants to touch, a tar-baby of problems with an activated and demanding Socialist populace that won't accept any workable solution. It's one step away from a reign of terror like the USSR of Gulag Archipelago, with all prison camps full of 'Wreckers,' 'Counterrevolutionaries,' and 'Western agents.'
-
The old reliable rallying cry of 'Foreign meddling' and 'Sabotage' being behind an entirely home-brewed disaster. In reality Venezuela is a stinking mess that nobody outside wants to touch, a tar-baby of problems with an activated and demanding Socialist populace that won't accept any workable solution. It's one step away from a reign of terror like the USSR of Gulag Archipelago, with all prison camps full of 'Wreckers,' 'Counterrevolutionaries,' and 'Western agents.'
As is the predictable conclusion of any ideological driven, collectivist society.
-
As is the predictable conclusion of any ideological driven, collectivist society.
And before you know it...the prison system becomes the second largest employer behind the central government.
Sent from my Q10 using Tapatalk
-
And before you know it...the prison system becomes the second largest employer behind the central government.
Sent from my Q10 using Tapatalk
Well, at least the Venezuelan gulags should have pretty scenery.
-
Looks like Venezuela should be the hot spot for all our leftists to move to if Trump gets elected.