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Thread: Dark Humor from the Socialist Hellhole of Venezuela

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    Dark Humor from the Socialist Hellhole of Venezuela

    More like gallows humor.

    Dark Humor from the Socialist Hellhole of Venezuela

    Back in 2015, I mocked Venezuelan socialism because it led to shortages of just about every product. Including toilet paper.

    But maybe that doesn’t matter. After all, if people don’t have anything to eat, they probably don’t have much need to visit the bathroom.

    The Washington Post reports that farmers are producing less and less food because of government intervention, even though the nation is filled with hungry people.

    ...Here’s where we get to the economics lesson. When producers aren’t allowed to profit, they don’t produce.

    And when we’re looking at the production of food, that means hungry people.

    Even the left-wing Guardian in the U.K. has noticed.

    Hunger is gnawing at Venezuela, where a government that claims to rule for the poorest has left most of its 31 million people short of food, many desperately so. …Adriana Velásquez gets ready for work, heading out into an uncertain darkness as she has done since hunger forced her into the only job she could find at 14. She was introduced to her brothel madam by a friend more than two years ago after her mother, a single parent, was fired and the two ran out of food. “It was really hard, but we were going to bed without eating,” said the teenager, whose name has been changed to protect her. …Venezuela’s crisis has deepened, the number of women working at the brothel has doubled, and their ages have dropped. “I was the youngest when I started. Now there are girls who are 12 or 13. Almost all of us are there because of the crisis, because of hunger.” She earns 400,000 bolivares a month, around four times the minimum wage, but at a time of hyperinflation that is now worth about $30, barely enough to feed herself, her mother and a new baby brother.

    This is truly sad.

    Our leftist friends like to concoct far-fetched theories of how prostitution is enabled by everything from low taxes to global warming.

    In the real world, however, socialism drives teenage girls (or even younger) to work in brothels.

    That’s such a depressing thought that let’s shift the topic back to hunger and toilet paper.

    ...
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    Red face

    Maduro claims his government would initiate a restructuring and refinancing of the country’s foreign debt...

    As a Debt Deadline Looms for Venezuela, Maduro Is Defiant
    NOV. 2, 2017 — With the threat of default looming over Venezuela, President Nicolás Maduro said late Thursday that his government would initiate a restructuring and refinancing of the country’s foreign debt.
    The announcement came at the deadline for a $1.2 billion payment by the state oil company on a maturing bond, which Mr. Maduro said his government would instead deliver on Friday. Speaking on national television, Mr. Maduro said that his government was fighting “a battle for the financial stability and tranquillity of Venezuela.” “We’re going to win this battle,” he vowed. The move is an acknowledgment of how serious the government’s financial problems have become, and throws further into doubt the future of the country, which has been grappling with an economic crisis that has caused dire shortages of food and medicine.


    President Nicolás Maduro said his vice president, Tareck El Aissami, left, will lead the restructuring effort.

    Mr. Maduro has blamed the crisis in part on the Trump administration, which he has accused of leading an “economic war” against his country through economic sanctions intended to prevent Venezuela’s government from contracting new debt. Given the sanctions, however, it remained unclear how Mr. Maduro intended to restructure the government’s debt. “There’s no way to restructure under existing U.S. sanctions, but the government may be hoping that bond holders now pressure the Trump administration to create an exemption to the sanctions,” said Risa Grais-Targow, director for Latin America at Eurasia Group, a political risk analysis firm.

    In a challenge to the Trump administration, Mr. Maduro also named Vice President Tareck El Aisammí to lead the efforts. Mr. El Aisammí has been sanctioned by the United States over allegations that he is a narcotics trafficker, which blocks Americans from doing business with him. There was no grace period for the loan payment due on Thursday, and it remained unclear how investors would react to the failure of the state oil company, Petróleos de Venezuela, or Pdvsa, to make the payment on time.


    Venezuela’s state oil company, Petróleos de Venezuela, or Pdvsa, has offered leasing deals to Russian and Chinese companies.

    But Diego Ferro, co-chief investment officer at Greylock Capital Management, a New York hedge fund that invests in distressed high-yield bonds, said the restructuring announcement could buy Mr. Maduro some time with bondholders and the Venezuelan people. “People were expecting the payment late anyway,” he said. “As of now they have at least a few months to come up with an offer to put off litigation in the United States. It will depend on what they offer” in terms of payments of principal and interest.

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    Quote Originally Posted by waltky View Post
    Maduro claims his government would initiate a restructuring and refinancing of the country’s foreign debt...

    As a Debt Deadline Looms for Venezuela, Maduro Is Defiant
    NOV. 2, 2017 — With the threat of default looming over Venezuela, President Nicolás Maduro said late Thursday that his government would initiate a restructuring and refinancing of the country’s foreign debt.
    Resister say's "possum better be damn careful, if he visits, dey's hungry" !
    I believe in the Sun, even at night. I believe in love, even when I am alone. I believe in God, even when He is silent. (Especially , then)




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    We dodged this bullet by electing President Donald Trump. Ultimately, either Bernie or Hillary would have brought us to the same state, although I do think Bernie would have gotten us there quicker.
    Political tags - such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth - are never basic criteria. The human race divides politically into those who want people to be controlled and those who have no such desire.
    Robert A. Heinlein

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    resister (11-03-2017),waltky (11-03-2017)

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