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How Venezuela Exploded
Business Insider ^ | 24 Mar 14 | Linette Lopez

Posted on 03/24/2014 11:32:18 PM PDT by elhombrelibre

Last month Venezuela exploded, as discontent with the Socialist government that has ruled the country for more than a decade reached a boiling point.

You can blame food shortages and inflation; you can blame joblessness and corruption. Ultimately, though, these problems have been compounded by the fact that Hugo Chavez is dead, and his party — The United Socialist Party of Venezuela — lacks the legitimacy he gave it in life.

Now Chavez's successor, Nicolas Maduro, must deal with country-wide protests, with dissenting mayors in major cities, and the make-shift barricades protestors are building to keep government forces at bay. Thirty-three people have died, and the Venezuelan economy is continuing its downward spiral.

Read more: http://www.businessinsider.com/how-venezuela-got-so-very-violent-2014-3#ixzz2wxBbekfe

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


TOPICS: Crime/Corruption; Cuba; Foreign Affairs; Russia
KEYWORDS: cuba; hugochavez; leopoldolopez; nicaragua; nicolasmaduro; russia; venezuela

1 posted on 03/24/2014 11:32:18 PM PDT by elhombrelibre
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To: elhombrelibre
The usual BI nonsense.

"lacks the legitimacy he gave it in life?" Please be serious. Chavez had the good fortune to die before the wheels flew off of his rickety little monstrosity completely, and his successor is left holding the bag for the failure of his ideology.

Why does anyone even read BI?

2 posted on 03/24/2014 11:39:24 PM PDT by FredZarguna (Das ist nicht nur nicht richtig, es ist nicht einmal falsch!)
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To: elhombrelibre

You could rewrite this article replacing “Socialist” with “Democrat” and pretty much make it about the USA.

Ah, Business Insider — who gave Anthony Weiner a job.


3 posted on 03/24/2014 11:43:57 PM PDT by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: elhombrelibre

Socialism is going to fail, it is inevitable. These problems did not start after Hugo died, they have been happening for years and have been getting worse and worse while he was alive.


4 posted on 03/24/2014 11:47:29 PM PDT by GeronL (Vote for Conservatives not for Republicans!)
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To: elhombrelibre

sounds like the good ol’ USA


5 posted on 03/24/2014 11:55:09 PM PDT by joyce11111 (he police minute)
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To: FredZarguna

Every once in a while, they get a story right. Just seeing them say anything bad about the Venezuelan government seemed like a step forward.


6 posted on 03/25/2014 12:01:48 AM PDT by elhombrelibre (Against Obama. Against Putin. Pro-freedom.)
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To: GeronL

I agree. Chavez showed how you could take a moderately successful, oil rich country and run it into the ground with whimsical crackpot socialist policies. It wasn’t anything new; he just reproduced the obvious.


7 posted on 03/25/2014 12:03:29 AM PDT by elhombrelibre (Against Obama. Against Putin. Pro-freedom.)
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To: joyce11111

It’s another warning sign to the USA.


8 posted on 03/25/2014 12:03:57 AM PDT by elhombrelibre (Against Obama. Against Putin. Pro-freedom.)
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To: GeronL

“Socialism is going to fail, it is inevitable. These problems did not start after Hugo died, they have been happening for years and have been getting worse and worse while he was alive.”

The fantasy of Marxism/Socialism/Liberalism/Progressiveism/What-are-they-calling-it-this-week always fails, it is just a matter of how many have to die before it falls. It isn’t an ideology of “sharing the wealth!”, but one of the naked application of political power.

It’s been this way for almost 100 years now.


9 posted on 03/25/2014 12:21:03 AM PDT by tcrlaf (Well, it is what the Sheeple voted for....)
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To: elhombrelibre

Bookmark


10 posted on 03/25/2014 12:37:19 AM PDT by Pajamajan (Pray for our nation. Thank the Lord for everything you have. Don't wait. Do it today.>)
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To: elhombrelibre

I do blame food shortages. That is the one thing that will make people go to the barricades when all else would not.


11 posted on 03/25/2014 12:54:13 AM PDT by xp38
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To: xp38

Sure doesnt seem to be much coverage?


12 posted on 03/25/2014 1:02:16 AM PDT by Therapsid
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To: elhombrelibre

The lure of a Socialist utopia is seductive; it promises a heavenly kingdom on Earth and always delivers poverty, privation, and death. The hubris of the Socialist true believers is: “We know where those other guys screwed up. THIS time, with us in control, we know where the mistakes were made and we will get things right.”

Of course, these fools always fail like all the others because they never take into account that their model, Mankind, is flawed from the very beginning.


13 posted on 03/25/2014 1:06:58 AM PDT by MasterGunner01
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To: elhombrelibre

Complication, navel gaze, nuance, detail, minutiae, consideration, ponderance, subtlety, shade of meaning, aspect, distinction.....

It’s all socialism, and all the intellectual blather expended to diffuse or otherwise analyze lesson #2371 in a long series of largely identical lessons is hot air. It’s socialism and its well known and easily predictable effects.


14 posted on 03/25/2014 2:05:37 AM PDT by Attention Surplus Disorder (At no time was the Obama administration aware of what the Obama administration was doing)
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To: FredZarguna

“lacks the legitimacy he gave it in life?” Please be serious. Chavez had the good fortune to die before the wheels flew off of his rickety little monstrosity completely, and his successor is left holding the bag for the failure of his ideology.”

Chavez had a cult like following, much like Obozo. When he died the people woke up. We should be so fortunate.


15 posted on 03/25/2014 2:08:51 AM PDT by Brooklyn Attitude (Things are only going to get worse.)
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To: elhombrelibre
Well, Cuba has a cult of personality, yet they don't seem to be doing too well either.

Oh no, wait. They have the world's best healthcare system. I take it back. Whaddaya say we send Zippy, Harry and Nancy to Cuba for some first class healthcare?

16 posted on 03/25/2014 2:27:44 AM PDT by St_Thomas_Aquinas ( Isaiah 22:22, Matthew 16:19, Revelation 3:7)
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To: F15Eagle

Business Insider - yet another left-wing rag in a world awash in nothing but left-wing propaganda rags.

Investors are like a who’s who of silicon valley - Jeff Bezos, Marc Andreeson, Jerry Yang...

Their financials show cash infusion after cash infusion.
- Business Insider received $12M in Venture Round funding. (3/5/14)
Posted 1/21/14 at 10:16pm via finsmes.com

- Business Insider received $5M in Venture Round funding. (4/7/13)
Posted 4/8/13 at 11:42pm via finsmes.com

- Business Insider — Series E funding by Jeff Bezos - 5 Million (4/5/13) 7
Posted 4/5/13 at 5:37am via businessinsider.com

-Business Insider received $7M in Venture Round funding. (9/22/11)
Posted 9/22/11 at 6:51pm via techcrunch.com

- Business Insider received $3M in Series D funding. (7/28/10)
Posted 7/16/08 at 8:47pm via paidcontent.org

- Business Insider received $2.7M in Series C funding. (5/21/09)
Posted 5/21/09 at 11:44am via businessinsider.com

- Business Insider received $900k in Seed funding. (7/16/08)
Posted 7/16/08 at 8:47pm via paidcontent.org

- Business Insider added Roger Ehrenberg as Investor. (1/1/08)
Posted 5/4/10 at 12:03pm

AOL offered $100million for it, but they turned it down insisting that it was worth $200million. Forbes was not even able to get that sum.

Telling is this headline:
“Business Insider Turns A$2,127 Profit On $4.8 Million in Revenue”

Another Internet media company that is still sucking in money after half a decade and cannot turn a profit. When you see a razor thin profit margin like that, you have to wonder at the pressure that was put on the accounting staff - the shortcuts and trickery used to squeeze out a positive number...


17 posted on 03/25/2014 2:41:36 AM PDT by Fear The People (When the government fears the people, you have LIBERTY.)
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To: Fear The People

Good factual comments, thank you.


18 posted on 03/25/2014 4:52:47 AM PDT by Hostage (ARTICLE V)
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To: tcrlaf

Frederic Bastiat described the failures of Socialism in 1849. There has not been a successful attempt of it since then.

“Essays on Political Economy”

http://www.gutenberg.org/files/15962/15962-h/15962-h.htm

(published in 1874 after Bastiat’s death, but written in 1849)


19 posted on 03/25/2014 4:54:30 AM PDT by Texas Fossil (Texas is not where you were born, but a Free State of Heart, Mind & Attitude!)
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To: elhombrelibre
Venezuela in a nutshell: Chavez gave money to the Venezuelan underclass in exchange for support. The underclass understands that if the socialists lose power, they lose their goodies, so they will fight to keep their goodies. The Cubans also get oil in exchange for thugs to keep the socialists in power, so they will also fight. Cuba will send in as many soldiers as are needed to keep Maduro in power.

The socialists will not be removed without bloodshed.

20 posted on 03/25/2014 5:07:30 AM PDT by PapaBear3625 (You don't notice it's a police state until the police come for you.)
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To: tcrlaf

VENEZUELAN STUDENTS FIGHT AND DIE FOR FREEDOM

http://www.youtube.com/watch?feature=player_detailpage&v=iHpOqPBMWdw


21 posted on 03/29/2014 10:46:42 AM PDT by Dqban22
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