Skip to comments.Economic disaster is ahead in Venezuela
Posted on 12/24/2006 8:01:48 AM PST by Dog Gone
Venezuelan President Hugo Chavez won a big re-election victory recently. I didn't stay up to see the returns. I had a hunch he might make it.
And why not? Anyone who can attack the United States, belittle our president at the United Nations while providing subsidized food for the poor, free university educations and many cash benefits for ordinary folks back home, has a winning political platform these days.
Forgive me for not getting on the bandwagon.
Based on his recent history and his statements following his re-election, we can make one certain prediction. The people of Venezuela are facing a national disaster. Smart people there should leave the country now.
Shouting typical leftist slogans "Long Live the Revolution" and "Down with Imperialism," Chavez lambasted the devil (George Bush) and promised further social revolutions for his country.
Chavez's soul mates can be found in Iran and Syria. He sees Fidel Castro as his spiritual father and the Cuban revolution as his inspiration. Really? Has he visited Cuba lately? Is Socialism working there? Has it ever worked anywhere?
Socialism violates both human nature and the laws of economics. You can't go for very long by confiscating economic capital and passing it out to the poor. The rich will quit being productive and soon everyone is poor.
Suppose that I am a professor with a large class of students. After an exam, I bemoan the fact that even though the median grade was an 80, a number of students had failed the test. I then announce that for future tests, to make sure we have no failures and that the class average is 70 or above, I will take 15 to 20 points from the scores of the successful students and transfer these points to any student who failed so that everyone would be passing.
With a little liberal guilt manipulation, I might even be able to convince the "A" students that this is the right thing to do. The question then is: What would be the median score on the next test? Would it stay at 80? Or would it decline? What would be the impact of this decree on the more productive students? And on the lower achieving ones?
Socialism contradicts human nature. It destroys incentive. Citizens eventually feel that it is up to someone else to provide for their needs. Personal responsibility becomes a meaningless concept and private property rights are viewed as prerogatives of the state.
Socialism violates the basic economic law of supply and demand. It creates a huge amount of artificial demand by promising free food or easy money while discouraging productive citizens from producing anything extra. In other words, more demand and less supply. The state then dictates what the prices of goods and services will be, since an economic market is no longer functioning. Without exception, such controls lead to shortages. This is what is ahead in Venezuela.
Socialism sometimes looks and sounds good in the short run. But invariably, as night follows day, it destroys any nation and any people which succumb to its siren call of materialism.
Expect to see Chavez, if he has not already done so, erecting huge pictures of himself. Emperor worship is nothing new. Tyrants like Chavez need to invest "deity" in their persona so that people will be less inclined to notice their diminished standard of living. As happens in such cases, Chavez has already announced that he will need to suspend future elections in order to continue his enlightened rule. This is called dictatorship and it is not pretty.
Diane Sawyer on ABC's "20-20" recently did a great story on her tour of North Korea. It showed the more advanced stages of this kind of sickness in the cult-like domination of the people of North Korea in their adoration of Kim Jong Il.
One of the great images in her special report was a night satellite picture of the Korean peninsula. This night photo shows millions of brilliant lights coming from all over the land of South Korea. Immediately to the north across the DMZ is nothing but darkness. The contrast is stark. You can literally see an economic "black hole" from which nothing or no one can escape. The laws of economics have decreed this result. Who can comprehend the suffering of the enslaved people of such a gulag?
Through Citgo Petroleum Corp., Chavez is providing reduced heating oil prices to the poor people of the United States. What a hoot! Here is a poor country like Venezuela, providing subsidies to the people of the richest nation in the world. Strange. The average per-capita income of the United States is over seven times higher than Venezuela's. Our poorest people have more in terms of life's necessities than the average Venezuelan.
Chavez, of course, wants to make a political statement - anything to make a mockery of the U.S. and our president. Since he is willing to do this, maybe we should buy up all the oil he will give us at the discounted price and live off the squalor of the people of Venezuela.
One Venezuelan voter lamented after the election, "My country is being stolen. This (election) is the last chance we have. Communism is coming here." This person called the election a choice between freedom and increasing state control of people's lives. How true!
How sad that people fall for the lie of Socialism time after time. The one thing we learn from history is that people never learn from history.
George Michael is a Clear Spring resident who writes for The Herald-Mail.
Our young men and women will be invading within the next two years.
I wonder why "third World" dictators resort to economic destruction, in order to prove a point. Force of habit? I mean, people like Mugabe and Chavez could be little dictators without wrecking their respective countries.
A most accurate and succint description of this evil philosophy!
Anything too good to be true always seems to survive in the minds of the thoughtless.
Destruction of the economy is destruction of the middle class. Without a middle class, societies rarely can function as democracies.
After all his protest and Chavez has yet failed to set himself on fire. Maybe we could help correct that.
Depending upon how the national elections go in '09 we could be sending financial support to this tyrant.
'07 that is....
One of the great images in her special report was a night satellite picture of the Korean peninsula. This night photo shows millions of brilliant lights coming from all over the land of South Korea. Immediately to the north across the DMZ is nothing but darkness.
Too bad liberals just don't get it.
It's even simpler than that...I had a brilliant communications professor in college. we're talking 25 years ago and I still remember a lecture he gave us...he was known for giving these brilliant lectures that seemed apropos to nothing, and then, at the end, would give us the morale of the story and it would hit you in the gut.
One day, he was telling us about the habits of rhesus monkeys and the social order they develop. He talked about the way the monkeys would live and it all revolved around their offspring having a better living environment. It was a very detailed lecture, but you didn't understand what this point would be.
At the end of the lecture, with only a minute left to make his point, the teacher said, "And this story, students, is proof of why Communism will never work..."IT IS A BASIC LAW OF NATURE TO WANT BETTER FOR YOUR CHILDREN."
It blew me away.
I seriously doubt that.
Before that happens Puto Chavez will be overthrown by the peeples, or a military coup, or killed. The movement against Puto within Venezuela is very big and has momentum. It could also be very bloody but our troops will not be involved.
"With a little liberal guilt manipulation, I might even be able to convince the "A" students that this is the right thing to do. The question then is: What would be the median score on the next test? Would it stay at 80? Or would it decline? What would be the impact of this decree on the more productive students? And on the lower achieving ones?"
This is a great analogy. I'll remember it for future use.
I've got a commie-loving brother who is a professor in California who supports Chavez.
I just sent him this story.
He'll either not respond, or call me a knuckledragger.
But I did bold the professor analogy. I hope he reads it.
It's about power, and the ultra-privileged lify style that goes with it. People who crave and amass such power must reduce it in others who might become their rivals, and who might vote for their rivals. In addition, there is only so much wealth in any nation. When you're busy grabbing it all for yourself and your cronies, everybody else can only get crumbs.
Ever stop to wonder why it is that these Socialists, who claim to want to even out society's wealth so that all have a piece of the pie, always manage to grab the largest and best pieces for themselves?
Nice post! I love professors who make an impact.
I really like this analogy also. Really simple to remember and comprehend.
A good example of this is in Northern Alberta. You can't hire anyone there, there is a shortage of labor and able people with an education.
Yet there are about 100,000 able bodied people sitting on welfare, or just not working because they just don't want to. They have to import more people over and above this lump of uselessness, which only adds to the lump eventually when some of those are found to be just as useless.
But the bottom line is that ultimately everyone loses out. And he described that well.
Chavez has 20% of the world's oil. I don't think he's going to have an economic disaster. A social disaster, maybe...
Nigeria has a lot of oil, too.
Isn't that the truth. The good Lord hit the nail on the head when he said "my people are stupid".
If you keep abreast of developments in Mexico and South America, there are many neighboring countries that have gone down the road of socialism.
Latin America Votes for Socialism
Obviously a new era has dawned in the Hemisphere, says Valle-Garay. Cubas peaceful transfer of power, the re-election of presidents in Brazil and Venezuela, and the election of new governments in Bolivia, Chile, Ecuador and Nicaragua are evidence that times are changing.
Latin Americans are now consistently sending to the presidency a decidedly socialist slate, all this peacefully and matter-of-factly highlights the York University scholar.
Yes, he does.
Now how to go about preventing this from happening in the U.S.
We're well on the way towards that 'disaster' ourselves.
We were making great strides against such a thing in CA until Arnold Schwartzenegger flipped out and created the stupendous 25 million acre Sierra-Nevada CONservancy covering 1/5th of CA with another layer of "land-use" government!!!
It's like moving Cuba, or Venezuela right in here with a bunch of Commonista appuratchiks handing out expensive "permits" to anyone trying to exercise their "private property rights!"
Yet Republicans and many FReepers think nothing of it!!! What's up with that???
America's academia are generating college educated socialists at an amazing rate for decades now.. Forget Venezuela.. America is at risk.. Socialism is Slavery by Giverment..
Giving President Bush credit for even thinking about Latin America amounts to absolute nonsense, says the expert. "The US President has absolutely not a single original thought regarding Latin America, or the world or in the United States for that matter", affirms Valle-Garay.
Seems as if the expert doesn't think much of President Bush. ;-)
Nicaragua is a unique deal. Most of the country opposes Ortega, and he got in with a very small plurality of the vote. It's still a conservative country.
A corollary is that any socio-economic system in which it is perceived by a majority that the children will be worse off, is unsustainable in the long run.
chavez nothing more than a commie thug...he'll not last...he's a low life of the worst kind...
Sorry but the superimposed borders show vast lighting IN THE OCEAN. This is fake or certainly of questionable origins.
" Immediately to the north across the DMZ is nothing but darkness."
Well,,,,, it looks like the little twit left a light on in Pying Pyong!
Isn't that what the public schools are doing now?
(OK, OK, it's a gag...crummy map. Happy Christmas!)
Every one is beating on Chavez, and the destruction of his country. Look at Castro and how long he has lasted, and he doesn't even have the Oil that is available to Chavez.I studied the Dismal Science, and it looks to me that as long as Chavez has oil money and can keep spreading it around he will do fine...A lot of people are happy to lead a low style of life as long as they don't have to work for it. If you doubt this come to Las Vegas and look at the homeless lined up for blocks, living on welfare
Socialism contradicts human nature. It destroys incentive.
One of the most accurate statements you could make. Great job Dog.
U.S. Department of Defense
Office of the Assistant Secretary of Defense (Public Affairs)
Presenter: Secretary of Defense Donald H. Rumsfeld and Commander of Multi-National Force-Iraq Gen. George Casey October 11, 2006
DoD News Briefing with Secretary Rumsfeld and Gen. Casey
Yup. Rummy and the DoD sure are tricky devils. See the link below for some great Photoshoppe examples coming from the Pentagon:
This one I accept.
And you base your statement on what evidence?