Well, well, well.  nicolas maduro, the “elected” (if you call his farcical charades elections) President of Venezuela, now admits that the economy is a failure.

All it took for him to mention it was years of the country having shortages of everything, including staple foods and medicinal supplies, inflation that is heading for – incredibly – six figures (shades of post WWI Germany), and citizens anywhere near a border fleeing across it in desperation.

But is it maduro’s fault?  Is he responsible as President?

Nope.  Suddenly all Venezuelans are in this together.

From an article at Agence France Presse (AFP), via, we have this:

Under-fire Venezuela President Nicolas Maduro admitted his economic model has “failed” in the wake of food and medicine shortages and public service paralysis, such as Tuesday’s power failure that affected 80 percent of Caracas.

“The production models we’ve tried so far have failed and the responsibility is ours, mine and yours,” Maduro told his ruling PSUV party congress, as Venezuela looks to tackle chronic inflation the International Monetary Fund predicted would reach one million percent this year.

“Enough with the whining… we need to produce with or without (outside) aggression, with or without blockades, we need to make Venezuela an economic power,” he added late Monday, with the country grappling with a four-year long recession.

“No more whining, I want solutions comrades!”

Got that?  It’s not me. It’s we.  “We” have to stop whining and provide solutions, comrades.

Comrades?  Wow.  Right out of the stalin/khrushchev playbook.

And don’t you love that reference to a four year “recession”.

Uh….maybe the “recession” was not some random cyclical event.  Maybe it was caused by hugo chavez, then nicolas maduro, nationalizing virtually all free enterprise and running it straight into the ground.

Maybe some nice person who has an in with, say, Bernie Sanders, Alexandria Ocasio-Cortez or the Hollywood geniuses like Sean Penn and Danny Glover (among others), might show them this article and ask whether they still think socialism is a great model for the USA.

Of course, they should be answering “Yeah, we know that, we read the news, so we’ve been informed about this for years”.  But, our media being what it is – i.e. barely reporting these key facts – means that isn’t going to work very well.

A reality check for them:  Venezuela is what happens when a prosperous democracy is taken over by a socialist who thinks government should be in charge of everything and who doesn’t have a clue about where the money to run that government will come from.

Let me end with a quick question:  can you name something – anything – that runs more efficiently and/or more economically under government control than under private control?

I’ll wait.  And if you find yourself struggling with the answer to that question….again, I ask you to contact those nice folks mentioned earlier and tell them so.

1 Comment

  • The problem with Socialism is that
    . . . . . . . . eventually, you run out of
    . . . . . . . . . . . . . Other . People’s . Money .

    Margret Thatcher

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