Economic disaster is ahead in Venezuela

Herald-Mail ^ | December 23, 2006 | George Michael

[avacado]

Nice post! I love professors who make an impact.

[Albertafriend]

I really like this analogy also. Really simple to remember and comprehend.

[Pox]

Socialism contradicts human nature.

How sad that people fall for the lie of Socialism time after time.

It escapes the author that the reason people fall for the lie of socialism/communism is that it is appealing to the ignorant, the lazy, and the lowlife criminal individuals that are also a part of our society and seem to outnumber (these days) those who actually understand why it is a bad idea.

Not all of us 'think' alike. Many able bodied individuals are happy to live off of the efforts and handouts of others, and many more are happy to be convinced (brainwashed) that it is an acceptable practice regardless of their personal capacity to 'support' themselves.

[Nathan Zachary]

"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."

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.

[Dog Gone]

But the bottom line is that ultimately everyone loses out. And he described that well.

[Brilliant]

Chavez has 20% of the world's oil. I don't think he's going to have an economic disaster. A social disaster, maybe...

[Dog Gone]

Nigeria has a lot of oil, too.

[Nathan Zachary]

"The one thing we learn from history is that people never learn from history."

Isn't that the truth. The good Lord hit the nail on the head when he said "my people are stupid".

[marsh2]

If you keep abreast of developments in Mexico and South America, there are many neighboring countries that have gone down the road of socialism.

http://www.plenglish.com/article.asp?ID={694DCFDD-58F8-4616-BCFF-082454F32F26}&language=EN
Latin America Votes for Socialism

Obviously a new era has dawned in the Hemisphere, says Valle-Garay. Cuba’s 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.

[Pox]

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.

[Nathan Zachary]

Not all of it is developed, and probably won't be because it's far too expensive (and risky venture) to set up something like
Canada's tar sands development. In that case, those deposits in Venezuela aren't large enough to support an investment of that size.

[SierraWasp]

"...and private property rights are viewed as prerogatives of the state."

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???

[hosepipe]

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..

[Dog Gone]

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.

[Mr J]

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.

IMO.

[shield]

chavez nothing more than a commie thug...he'll not last...he's a low life of the worst kind...

[lawdude]

Sorry but the superimposed borders show vast lighting IN THE OCEAN. This is fake or certainly of questionable origins.

[Dr. Bogus Pachysandra]

" 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!

[NRA2BFree]

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.

Isn't that what the public schools are doing now?

[SAJ]

Never underestimate the cleverness of the Koreans. Those are most likely the newest offshore airports and holiday resorts.

(OK, OK, it's a gag...crummy map. Happy Christmas!)