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Oil-rich Venezuela ushered in 2010 with new measures rationing electricity use in malls, businesses and billboards, as Hugo Chavez's government aimed to save power amid a crippling drought.The new regulations came into effect January 1, with businesses required to comply with reduced consumption limits and authorities warning of forced power cuts and rate hikes if the measures are not followed.
http://www.breitbart.com/article.php?id=CNG.227e6a4e11ba39c08630e5729d693330.9e1&show_article=1Hey DUmmies, how's that Bolivarian Revolucion working out for you?
When we were there many years ago, power was cheap, and plentiful.
Lets ration power for the PAYING customers not for the non-paying customers. Anyone see a problem down the road?
Hmmm, Yup. Too many paying customers, right?
I fear this is coming to the US thanks to the tree hugging watermelons and their butt buddy occupying the oval office.
Yup. Socialism is only fun until you run out of other peoples' money (or, perhaps, until you run out of other people ??)
He ought to be about out of any professionals or middle class left to blame in his own country, looks like it must be our fault.Seriously, how effed-up a job of managing civil services do you have to do, in order to end up rationing power in a petroleum-exporting country? Hugo and Achmeindinnerjacket are truly exemplary leaders (Exemplars of incompetent leadership, that is).
By that same token, how stupid is a country that imports 70-80% of it's oil when it has large untapped reserves of oil and natural gas?
How long before it happens here?Y'all have heard of smart meters right?One example:https://www.aepohio.com/save/SmartMeters/FAQ.aspx
If its cheaper to import it and save ours for the future it makes sense.Venezuela descriminates against those who know how to get things done in the name of the "Bolivarian Revolution".Its just fair to give incompetents jobs they can't do. Plus its easier to loot the companies and government if no one has a clue whats going on.
You just described our present administration.
A lot faster than anyone will believe, Rich. It's on it's way. Hell - it's almost in CA already. IBM is in bed deep with this administration on these "smart-grid" and "smart-xxx" technologies. The gov't will control all in the name of the environment.
If by control you mean making electricity to expensive to use by passing Cap and Tax, then you might be right.
No.. I mean using current and new technology to allow the gov't to control your energy usage... It's not a new idea and is being tested in many places right now (CA's gov't controlled thermostat project)...Electricity - no, Energy - will be rationed. It has to, by definition.
It does not have to be unless government is restricting its creation.
Thing is, it is a self feeding disaster. as you ration energy, you reduce production, employment goes down, revenue goes down, etc. Obama and his circus clowns just don't seem to get it. Socialism, in any form has never worked.