Posted on 01/02/2011 10:10:12 PM PST by Mayr Fortuna
CARACAS, Dec 31 (Reuters) - Venezuelans worried on Friday that a second devaluation of their currency in 12 months would make life even harder as the socialist government of President Hugo Chavez struggled to turn the economy around.
Already suffering one of the world's highest inflation rates and the only major Latin American economy still in recession after the global financial crisis, they fear the New Year devaluation could hit their livelihoods more.
"It is a blow against the pockets of the workers, against the poorest people," said Robinson Calua, a 50-year-old security guard in downtown Caracas.
(Excerpt) Read more at reuters.com ...
Once again, and again, and again...
Communism fails, but before a complete and irrevocable failure, this thing kills the most it can!
They can keep fretting, or they can do something about it.
They did. They gave Chavez the right to rule by decree. I wonder if they were expecting he would decree free bread and a month's paid vacation for everybody? Surprise!
I wonder what we are going to do when it comes our time. Probably print more money...
They should stop fretting and start loading; Chavez needs to go.
Venezuelans are not too bright are they?
It’s going to take bullets, not ballots to get rid of Chavez.
The economic well being of the enslaved Venezuelan people is mathematically inverse to Hugo Chavez’ body temperature.
what is the real, black market
exchange rate ?
5
6
7
?
They have fought him. Carter came in and said it was a fair election. I would not throw stones. At least he is not a Muslim. Some country with e a good economy elected a Muslim 7 years after 9/11 because the idiots were brainwashed by TV and the media.
Allright, lets get this out. I have TV and it is tied to satellite. I have 20 years of range time including in the Silo’s on SAC bases. What in the world is my TV doing to me....
Buena suerte, Venozolanos. Besan Adios a sus colas!
Ya gets what’s ya votes for.
Whine, whine, whine. Hugo has promised each of them an extra Vaseline ration each month. What more could they want?
We got obama, who are we to throw stones?
We are where Venezuela was 10 years ago and following The same path to ruin.
I betting that Brasil is about to reach out and support Chavez in a big way. Prayers for our friends and family in Colombia. This story has a long way to go just yet.
Um, I'm not sure "they gave" Chavez anything as much as he took it.....
True but Obama like Jane Fonda thinks Communism fails only because we fail to embrace it.
Our country has already been taken by these worms. Many millions of Brazilians ought to dye before we can again clear the country from the decease.
I am in the center of the thing. Waiting for the day they will come for me, and then, before I go, I will kill some of them. I do hope may be many.
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