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Venezuela's Maduro to decree car price regulations
AFP News ^ | December 2, 2013

Posted on 12/01/2013 6:05:34 PM PST by Oldeconomybuyer

Venezuela President Nicolas Maduro is to decree new regulations on car prices, as part of the special powers conferred on him to combat so-called "economic war" and corruption.

Inflation is running at 54 percent a year, shortages of basic goods are widespread despite the country's oil wealth and a hard currency crunch wreaking havoc on the import-dependent domestic economy.

Maduro has said he needs the strengthened hand to counter inflation and shortages, which his government blames on "parasitic" conservative business interests.

But critics have blamed the government's strict currency controls for exacerbating Venezuela's price distortion and fueling a black market for dollars.

(Excerpt) Read more at france24.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events; Politics/Elections
KEYWORDS: communism
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Obama's hero.
1 posted on 12/01/2013 6:05:34 PM PST by Oldeconomybuyer
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To: Oldeconomybuyer

nobody will be able to get a car

Oh wait, not many people can get access to a car in VZ right now. Sure the politically connected and the friends of those in the state can get a car without all the long waiting periods but no one else.


2 posted on 12/01/2013 6:09:17 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Oldeconomybuyer

Maduro needs an up close and personal lesson on the pitfalls of the “redistribution” of wealth.


3 posted on 12/01/2013 6:09:39 PM PST by logitech (It is time.)
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To: Oldeconomybuyer

” inflation and shortages, which his government blames on “parasitic” conservative business interests. “

Only government is truly to blame here.

Government and Bush.


4 posted on 12/01/2013 6:13:03 PM PST by lowbridge
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To: Oldeconomybuyer; All

Maduro trying to out Commie Hugo Chavez


5 posted on 12/01/2013 6:14:34 PM PST by SeminoleCounty (2014: Real Conservatives Only, Please)
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To: Oldeconomybuyer

You can still get a tank of gas for 50 cents though.


6 posted on 12/01/2013 6:14:41 PM PST by Cementjungle
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To: Oldeconomybuyer

This guy is Obama’s role-model.


7 posted on 12/01/2013 6:23:35 PM PST by Viennacon
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To: Oldeconomybuyer

Has Venezuela run out of OPM yet?


8 posted on 12/01/2013 6:27:06 PM PST by Paladin2
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To: Oldeconomybuyer

It is always the fault of hte “greedy” capitalists who insist on making a profit from their labors and never the failed policies of socialism.


9 posted on 12/01/2013 6:28:48 PM PST by Blood of Tyrants (From time to time the.tree of liberty must be watered with the blood of tyrants and patriots.)
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To: Paladin2

until the oil well equipment they nationalized breaks down and they cannot fix it, it’ll still bring in some $$


10 posted on 12/01/2013 6:30:20 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Paladin2

Still looks like there is some left. They still have some more industries to nationalize. The only thing left after that is to invade a foreign country like Columbia.

I wonder what would happen if someone dropped leaflets reminding them of the pre-Chavez days compared to now. Things like electricity that stayed on, food in the stores, toilet paper, etc... I’ll bet Maduro would claim it was never that way.


11 posted on 12/01/2013 6:41:07 PM PST by Dutch Boy
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To: Oldeconomybuyer

If collectivists were doctors, they would say that the cure to an infection is more bacteria.


12 posted on 12/01/2013 6:49:36 PM PST by lurk
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To: lurk

I’ll take the Porsche Carerra for $500...


13 posted on 12/01/2013 6:51:43 PM PST by Eric in the Ozarks ("Say Not the Struggle Naught Availeth.")
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To: Oldeconomybuyer
they better get a good one, cause they're gonna be driving it for the next 50years...
14 posted on 12/01/2013 7:02:44 PM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -vvv- NO Pity for the LAZY - 86-44)
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To: Oldeconomybuyer

Affordable Car Act


15 posted on 12/01/2013 7:04:27 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: Oldeconomybuyer
Obama's hero.

I believe the democrats want to run the US in exactly the same way they are running Venezuela. Technically it is still a democracy, but it is a pure democracy, where 51% loots the 49%. They can stay in power forever that way, as long as the 51% stays greedy.

16 posted on 12/01/2013 7:09:51 PM PST by Vince Ferrer
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To: Oldeconomybuyer

So,he’s now assuring that cars are added to the list of shortages.


17 posted on 12/01/2013 7:15:12 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: GeronL

you gotta wonder why they don’t build these things with a remote kill switch that scrubs the computers so that they have to be physically replaced to get the rigs working again, in a certain sequence, or it fries the new ones too.


18 posted on 12/01/2013 7:15:41 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: Oldeconomybuyer

They’ll have to import 57’Chevys from Castro!!!!!!!!!!!!!!!


19 posted on 12/01/2013 7:20:10 PM PST by bandleader
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To: Secret Agent Man

lol

That would be such sweet cruelty.


20 posted on 12/01/2013 7:20:24 PM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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