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polly7

(20,582 posts)
70. Riggggght.
Tue Feb 18, 2014, 03:46 PM
Feb 2014
Monetary warfare. This started with run on the currency, the manipulation of the black market dollar, obtaining dollars at preferential price from the government under false reasons. Maduro did not hesitate: he regulated prices and changed the monetary exchange rules and 70% approved of his response.[ii]

False scarcity: A double blow of outrageous overpricing of goods plus artificial food scarcity started just as people were beginning their Christmas shopping. Wealthy merchants proceeded to hoard essential goods: corn flour, sugar, salt, cooking oil, toilet paper, etc. placing them in hidden warehouses or spirited off to Colombia through a well-planned smuggling operation. The military discovered an illegal bridge built for motorcycles that carried the smuggled goods. Thousands of bags of foodstuffs were discovered simply left rotting on Colombian byways: this was not smuggling for economic reasons, but for political reasons. The Colombian government cooperated with the Venezuelan government to stop this smuggling.

Attack on Venezuela’s petroleum company PDVSA: the international press has been alleging that PDVSA is failing because it is using its profits for social programs instead of re-investing, and that the country is running out of petroleum. Funnily enough they never warn Canada or Saudi Arabia about oil scarcity. They even state the preposterous notion that Venezuela is importing gasoline from the USA. The fact is that PDVS owns the large oil company CITGO in USA whose refinery often sends back to Venezuela a special liquid used for improving gasoline grade 95. PDVSA is still one of the top 5 oil companies in the world according to the influential Petroleum Intelligence Weekly.[iii]

Campaign to discredit the economy. The international media has been predicting doom and gloom for Venezuela for years! The Venezuelan economy is doing very well. Its oil exports last year amounted to $94 billons while the imports only reached $59.3 billons – a historically low record. The national reserves are at $22 billons and the economy has a surplus (not a deficit) of 2.9% of GDP. The country has no significantly onerous national or foreign debts.[iv] These are excellent indicators that many countries in Europe would envy, even the USA and Canada. The multinational bank Wells Fargo has recently declared that Venezuela is one of the emerging economies that is most protected against any possible financial crisis and the Bank of America Merril Lynch has recommended to its investors to buy Venezuelan government bonds. [v]


http://zcomm.org/znetarticle/venezuela-under-attack-again/

Written by a person from Venezuela ....... maybe even your wife's relative?

Recommendations

0 members have recommended this reply (displayed in chronological order):

One word - oil. There will be blood. (nt) anti partisan Feb 2014 #1
Exactly. This is a Koch-sponsored revolution. n/t backscatter712 Feb 2014 #12
We could have had all the oil we wanted Mnpaul Feb 2014 #23
It's the same thing with Obama and the RW lies Gman Feb 2014 #2
VN doesn't need the CIA to screw it up. Archae Feb 2014 #3
Do you have anything to say about the OP? JackRiddler Feb 2014 #6
IF this is from the VN opposition... Archae Feb 2014 #19
Twitter is highly unreliable. joshcryer Feb 2014 #21
It staggers me to see "Progressives" riding to the defense of the right Scootaloo Feb 2014 #29
I am against boligarchs. joshcryer Feb 2014 #33
+10 (nt) reACTIONary Feb 2014 #37
Ven. never needed the CIA or the Western Imperialists to screw it up, yet that is what they did. sabrina 1 Feb 2014 #73
Didn't a team of US flaks advise them some years back? 1000words Feb 2014 #4
Anyone who believes they are a genuine opposition group knows little or Zorra Feb 2014 #5
No, such people just believe in math, as in the fact that Maduro won by a hair in 2013. geek tragedy Feb 2014 #14
This is the issue, no matter how much fondness for Chavez or his alleged heir to power, Maduro. freshwest Feb 2014 #30
Latin America's political right in decline as leftist governments move to middle Zorra Feb 2014 #47
+10 (nt) reACTIONary Feb 2014 #38
Look to corporations fueling internal opposition politicos too. Coyotl Feb 2014 #26
reccing hard frwrfpos Feb 2014 #7
Doubt this is about the CIA. The belief in 'American Exceptionalism' is old hat. freshwest Feb 2014 #8
Benghazi is proof the CIA is not omnipotent. joshcryer Feb 2014 #18
The belief we are all powerful a weird sort of egotism. The USA's RW is has been foiled a lot. freshwest Feb 2014 #50
"don't need our help. They never did" = lol El_Johns Feb 2014 #35
VIVA Democracy!! bvar22 Feb 2014 #9
+1000! nt. polly7 Feb 2014 #15
what do you say about the 49% of Venezuelans who voted against Maduro a few months ago? nt geek tragedy Feb 2014 #16
Elections have consequences, I guess. They lost. TheKentuckian Feb 2014 #32
Yep. They lost. But, at some point geek tragedy Feb 2014 #48
Especially if the corrupt Maduro govt doesn't get it's act together sked14 Feb 2014 #49
Riggggght. polly7 Feb 2014 #70
Actually, not if the oligarchs leading them... JackRiddler Feb 2014 #74
They must be demonic! (nt) reACTIONary Feb 2014 #39
The margin of victory was 1.5%, and I would say, bvar22 Feb 2014 #65
neither Maduro nor Capriles are 'my guy' geek tragedy Feb 2014 #66
Then WHY the snarky reply about the elections? bvar22 Feb 2014 #71
the point is that VN is a narrowly divided country, and Maduro is not terribly far geek tragedy Feb 2014 #72
You forgot "destroyed the economy" Adrahil Feb 2014 #22
+10 (nt) reACTIONary Feb 2014 #40
The two standard lies. JackRiddler Feb 2014 #75
You cite unreliable twitter posts to generalize about a group? joshcryer Feb 2014 #10
Yeah, look at these violent right-wingers. HOW DARE THEY! TheMathieu Feb 2014 #17
Our right wing apparatchik is up to our necks in this Doctor_J Feb 2014 #11
What a disgusting way to describe PEACEFUL student protesters. TheMathieu Feb 2014 #13
You keep forgetting. Archae Feb 2014 #24
I support socialist theory. But Lopez, etc., are not outliers. Both sides have strong support there. freshwest Feb 2014 #27
I agree that we need to stay out of it. NT Adrahil Feb 2014 #34
Only on DU would protest against rape be frowned upon. joshcryer Feb 2014 #36
Which of the PEACEFUL student protestors killed the Chavista community worker? Comrade Grumpy Feb 2014 #52
If that was Montoya, he was a murderous tupamaros. joshcryer Feb 2014 #56
k&r Starry Messenger Feb 2014 #20
That Twitter post just says this is how they treat our women, not that is is in Venezuela. Coyotl Feb 2014 #25
It says "this is how GNB treats our women protesting peacefully". GNB = National Bolivarian Police. El_Johns Feb 2014 #42
It says this is how, NOT this is them. Coyotl Feb 2014 #51
You've got to be kidding! Comrade Grumpy Feb 2014 #53
That is a picture of Egyptian police, not? Coyotl Feb 2014 #54
You are being deliberately obtuse. Comrade Grumpy Feb 2014 #55
Well, you and the OP think so. But I don't agree and was not deceived by the tweet. Coyotl Feb 2014 #59
that's the ticket. El_Johns Feb 2014 #60
You win the thread! Warren Stupidity Feb 2014 #68
do they have right wing radio in venezuela? certainot Feb 2014 #28
OK, themathew . . . FairWinds Feb 2014 #31
More shameless than our right-wing extremists? Proud Liberal Dem Feb 2014 #41
The RWers of most countries are *a buncha amateurs* compared to ours... freshwest Feb 2014 #44
The RWers of most countries are *a buncha amateurs* compared to ours... freshwest Feb 2014 #44
Actually, they ARE our right-wing extremists. JackRiddler Feb 2014 #67
Reading the comments to this OP is informative. zeemike Feb 2014 #43
So I'm guessing that you have proof with links that the US/CIA/RW sked14 Feb 2014 #46
No evidence is ever good enough for folks like you. Because "the economy" was so great before El_Johns Feb 2014 #61
Show me the evidence with credible links that the US/CIA is fomenting sked14 Feb 2014 #62
So what? Teabaggers in the US say Obama is a communist. El_Johns Feb 2014 #63
Effective, outstanding post. Hope a lot of people read it. Thanks. n/t Judi Lynn Feb 2014 #76
face it kerry rafeh1 Feb 2014 #57
Proof? With links? sked14 Feb 2014 #58
OK, so TheMathieu . . FairWinds Feb 2014 #64
And our neocon apologists are swarming. Warren Stupidity Feb 2014 #69
Thanks for posting this grand example of typical opposition duplicity. Judi Lynn Feb 2014 #77
Gladly. Unfortunately, the propaganda campaign... JackRiddler Feb 2014 #79
Do we even know who the Venezuelan "opposition" is? Cause today I learned that a media conglom- El_Johns Feb 2014 #78
K&R woo me with science Feb 2014 #80
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