Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

How Obama Turned America into Venezuela
Front Page Magazine ^ | March 7, 2013 | Daniel Greenfield

Posted on 03/09/2013 1:42:29 PM PST by RetiredArmy

How Obama Turned America into Venezuela

Hugo Chavez's death was met with tributes from Iran, Bolivia, China and El Salvador. The Western left did not waste much time adding their withered roses to El Comandante's coffin. George Galloway called him another Spartacus. Jimmy Carter described him as a leader who fought for the "neglected and trampled." Michael Moore praised him for declaring that the oil belongs to the people.

Whether or not the oil belongs to the people is a matter of some debate considering how much of it ended up in Chavez's pocket.

Chavez died with an estimated net worth of 2 billion dollars making him the 4th richest man in Venezuela and the 49th richest man in Latin America.

While the Bolivarian Spartacus lined his pockets with oil money, Venezuela's middle-class was struggling to get by in a country where the private sector had imploded. Income increased on paper, but decreased in reality. Around the same time that Comrade Hugo was launching the third phase of his Bolivarian Revolution, inflation had decreased household income 8.8 percent while consumer goods prices increased 27 percent.

On his deathbed, Hugo Chavez devalued his country's currency for the fifth time by 32 percent, after tripling the deficit during his previous term when the national debt had increased by 90 percent. From 2008 to 2011, Chavez's oil-rich government increased the debt by nearly 50 billion in a country of less than 30 million. That same year, The Economist speculated that Venezuela might go bankrupt.

Chavez had swollen the ranks of Venezuela's public employees to 2.5 million in a country where the 15-64 population numbered only 18 million. With 1 public employee to every 7 working adults, the entire mess was subsidized by oil exports and debt. When the price of oil fell, only debt was left.

Those public employees became Chavez's campaign staff with no choice but to vote for him or see their positions wiped out to keep the economy from crashing. And they won him one last election.

The dead tyrant leaves behind the lowest GDP growth rate and highest inflation rate in Latin America. He leaves behind an economy where more than half the population depends on government benefits or government jobs. He leaves behind a giant pile of debt for the people and 2 billion dollars in misappropriated oil money for his heirs.

But we don't need to look to a leftist banana republic south of the border to see how profitable fighting for the poor can be.

7 of the 10 richest counties in America are now in the Washington D.C. area. Arlington County alone added $6,000 to its average income in one year alone. D.C. and its bedroom communities got rich at twice the rate of the rest of the country and in the last election; Obama won 8 of the 10 richest counties in the country.

Washington D.C. is richer than Silicon Valley. Median income in the D.C. area hit $84,523 despite the city itself having horrendous unemployment and poverty statistics. The top 5 percent in D.C. earns 60% more than the top 5 percent in other cities and 54 times what the bottom fifth earns in that same city.

This wealth of government money isn't a rising tide that lifts all boats. Income inequality in Washington D.C. is one of the worst in the nation. For families with children, the income inequality level in D.C. is double the average for the rest of the country.

But when you concentrate the wealth of the land in a single imperial city, then you end up with a sharp gap between the poor and the fighters for the poor. Mid-level jobs are disappearing, but high-level jobs continue to grow. Small businesses are going out of business, but lawyers and consultants are being hired at a breathtaking rate.

Washington D.C. has the highest concentration of lawyers in the country. 1 out of every 12 city residents is a lawyer. 1 in 25 of the country's lawyers lives in Washington D.C. In 2009, the Office of Personnel Management reported that there were 31,797 practicing lawyers in the Federal government earning an average salary of $127,500 a year. Or to put it another way, the taxpayers were spending double Hugo Chavez's 2 billion dollar net worth each year just to pay the lawyers.

That was in 2009. The numbers have undoubtedly gotten much worse since.

That same year there were 383,000 federal civilian workers with six figure salaries. Multiply that and you get all the debt that Hugo Chavez dumped on Venezuela being dumped out in a single year on American taxpayers.

The number of Federal civilian employees is only slightly higher than in Chavez's utopian Socialist paradise, but average Federal employee salary clocks in at a mean $75,000.

Federal civilian employee wages and benefits run around $200 billion. The cost of the Federal workforce in a single year is more than double Venezuela's entire national debt. During Nixon's first year in office, $200 billion would have covered the entire Federal budget. Now it's just the paychecks. In the United States Department of Health and Human Services, which oversees welfare and food stamps, among other things, 1,461 of HHS' 64,750 employees earn over $155,000.

While the Obama Administration fires marines, it hires more civilian employees. 101 new Federal employees have been hired every day of Obama's first term in office. In 1962, there were more American military personnel than Federal civilian employees. The number of military personnel has dropped sharply, but the number of civilian employees is higher now than it was then. And their salaries have become much higher.

But the civilian employees are only part of the picture. The massive deficit spending has turned Washington D.C. into a treasure trove of government grants and stimulus plans on the favor train. The national debt grew by 6 trillion dollars in one term of Obama adding $50,521 in debt per household. That money was used to buy favors and support across the country.

While Obama ran on a platform of taking care of the poor, he was raiding the social safety net to buy support from a coalition of billionaires that paid him back with bundled contributions and SuperPACs. Green Energy tycoons got rich on loans and grants, while the middle class imploded. Billions in taxpayer money was traded for millions in contributions in one of the dirtiest deals to take place outside an actual banana republic.

Like Chavez, Obama presides over a poorer country whose poor are convinced that he is the only thing standing between them and absolute poverty. Deficit spending and high debt has destroyed any potential for GDP growth leaving America looking like an oversized version of Venezuela.

The new America is not a booming economy, but a political power structure built on unsustainable spending. Like Chavez, Obama has created an impossible trap that leaves half the country dependent on him and leaves his opponents with no alternative but to propose some form of austerity. It is an economic kamikaze maneuver that invariably ends with economic or political destruction.

Obama, like Chavez, has made economic recovery structurally impossible, perpetuating poverty in order to profit politically from the national state of misery. Chavez died before the consequences of his economic policies caught up with Venezuela. Like Chavez, Obama won a contentious election, but he has no easy escape from the economic destruction coming up on the road ahead.


TOPICS: Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: bolivia; china; elsalvador; georgegalloway; hugochavez; iran; jimmycarter; michaelmoore; obama; obamanation; spartacus; venezuela
Navigation: use the links below to view more comments.
first 1-2021-27 next last
Can't say that I am sorry Hugo Chavez Carter is gone.
1 posted on 03/09/2013 1:42:29 PM PST by RetiredArmy
[ Post Reply | Private Reply | View Replies]

To: RetiredArmy
 photo OBAMANEWSWEEKCOVERcopy_zpsf57d647f.jpg

RULE 5: “Ridicule is man’s most potent weapon.” There is no defense. It’s irrational. It’s infuriating. It also works as a key pressure point to force the enemy into concessions.

RULES FOR RADICALS, by obama’s hero, SAUL ALINSKY


2 posted on 03/09/2013 1:59:12 PM PST by Dick Bachert ("Those who hammer their swords into plowshares will likely plow for those who do not." B.Franklin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks RetiredArmy.
Hugo Chavez's death was met with tributes from Iran, Bolivia, China and El Salvador... George Galloway called him another Spartacus. Jimmy Carter described him as a leader who fought for the "neglected and trampled." Michael Moore praised him for declaring that the oil belongs to the people... Chavez died with an estimated net worth of 2 billion dollars making him the 4th richest man in Venezuela and the 49th richest man in Latin America
from the FRchives:
3 posted on 03/09/2013 2:01:02 PM PST by SunkenCiv (Romney would have been worse, if you're a dumb ass.)
[ Post Reply | Private Reply | View Replies]

To: RetiredArmy
Can't say that I am sorry Hugo Chavez Carter is gone.

Me neither, although I'd never wish cancer on anyone. I see it as karma and/or God's will in all of this so I just hope that things will get better there real soon. The bad this is since this is the topic of the post, we are becoming more like them. B-P
4 posted on 03/09/2013 2:03:48 PM PST by Nowhere Man (Whitey, I miss you so much. Take care, pretty girl. (4-15-2001 - 10-12-2012))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nowhere Man

“bad this” = “bad thing”


5 posted on 03/09/2013 2:04:15 PM PST by Nowhere Man (Whitey, I miss you so much. Take care, pretty girl. (4-15-2001 - 10-12-2012))
[ Post Reply | Private Reply | To 4 | View Replies]

To: RetiredArmy
"Jimmy Carter described him as a leader who fought for the "neglected and trampled."

Carter will easily become neglected and trampled.

6 posted on 03/09/2013 2:08:07 PM PST by Paladin2
[ Post Reply | Private Reply | To 1 | View Replies]

To: RetiredArmy

Zero is only the front man for an evil freedom hating shadow government


7 posted on 03/09/2013 2:12:22 PM PST by clamper1797 (De-throne King Obozo)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Dick Bachert

This article is very informative. Perhaps a boycott on paying taxes at tax time is in order. A massive boycott involving MILLIONS of ‘tax payers’. How would the government deal with that? Taxes and 0bamacare: Do Not Comply!


8 posted on 03/09/2013 2:13:39 PM PST by Obama_Is_Sabotaging_America (PRISON AT BENGHAZI?????)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Nowhere Man

He was 58.. He died young. Good for him.


9 posted on 03/09/2013 2:15:33 PM PST by Obama_Is_Sabotaging_America (PRISON AT BENGHAZI?????)
[ Post Reply | Private Reply | To 4 | View Replies]

To: clamper1797

Not many see that


10 posted on 03/09/2013 2:32:50 PM PST by knarf (I say things that are true ... I have no proof ... but they're true)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Obama_Is_Sabotaging_America

We are on the same page.

Starve the friggin beast!


11 posted on 03/09/2013 2:34:28 PM PST by unixfox (Abolish Slavery, Repeal The 16th Amendment!)
[ Post Reply | Private Reply | To 8 | View Replies]

To: knarf

Way too few see it ... at our republics peril


12 posted on 03/09/2013 2:41:14 PM PST by clamper1797 (De-throne King Obozo)
[ Post Reply | Private Reply | To 10 | View Replies]

To: RetiredArmy

https://www.youtube.com/watch?v=6Og0Mq9Y1PM&playnext=1&list=PL77CA00DBBE3FF529&feature=results_main


13 posted on 03/09/2013 2:45:05 PM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
[ Post Reply | Private Reply | To 1 | View Replies]

To: clamper1797
Quite a home page
14 posted on 03/09/2013 2:51:11 PM PST by knarf (I say things that are true ... I have no proof ... but they're true)
[ Post Reply | Private Reply | To 12 | View Replies]

To: RetiredArmy

the rich who has lot so money but never gives it all away mention Chavez was for the poor and down trodden,

you can’t even make this up


15 posted on 03/09/2013 3:09:54 PM PST by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
[ Post Reply | Private Reply | To 1 | View Replies]

To: knarf

Thanks


16 posted on 03/09/2013 4:22:49 PM PST by clamper1797 (De-throne King Obozo)
[ Post Reply | Private Reply | To 14 | View Replies]

To: RetiredArmy
My grandfather was no fan of any liberal, commie-pinko. He has long since died, however I remember my mother telling me that as a child she heard him say regarding FDR's sudden demise: "Thank God the son of a b!tch is dead."

So, Grandpa, wherever you are, this one's for you:

Thank God the son of a b!tch is dead.

17 posted on 03/09/2013 5:21:26 PM PST by Slyfox (Arbitrary power is most easily established on the ruins of liberty abused to licentiousness -G Wash.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RetiredArmy
It's called "Marxism".

Karl Marx HATED the middle class. He came up with ways to get rid of them.

Using Marx's ideas, ANY of Marx's ideas to help the middle class is like trying to use Hitler's ideas to help the Jews.

But it's the middle class who keeps voting for this....:(
18 posted on 03/09/2013 7:36:20 PM PST by Tzimisce (The American Revolution began when the British attempted to disarm the Colonists.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: RetiredArmy

Now the 64 dollar question...how to turn Obama...


19 posted on 03/09/2013 7:56:00 PM PST by patriotsblood
[ Post Reply | Private Reply | To 1 | View Replies]

To: RetiredArmy
Obama and Chavez are alike in another important way. Chavez was never an absolute dictator, the country continued to have elections. But he perfected the art of buying the 51% with the 49%'s money. As long as the 49% was there to take from, the 51% would vote him in to steal it, and this is what kept him in power.

The democrats have learned this lesson. They do not want 99% of the country, just a lock on 51%. Then the GOPe can settle into their country clubs, and the rest of us can be serfs for the 51%.

20 posted on 03/09/2013 9:21:53 PM PST by Vince Ferrer
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-27 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson