Posted on 05/08/2017 3:28:56 PM PDT by NYer
The fate of Venezuela, which has the largest oil reserves in the world, ought to be the final lesson conclusively proving that socialism is a delusion that impoverishes those it purports to help. An entire nation is starving, unable to feed itself, generate enough electricity, or produce toilet paper. In the midst of boundless opportunity, its economy is grinding to a halt because of socialism.
The fate of Venezuela, which has the largest oil reserves in the world, ought to be the final lesson conclusively proving that socialism is a delusion that impoverishes those it purports to help. An entire nation is starving, unable to feed itself, generate enough electricity, or produce toilet paper. In the midst of boundless opportunity, its economy is grinding to a halt because of socialism.
Yet Bernie Sanders, an explicit socialist who never even joined the Democratic Party, is the most popular figure on the left, and he enjoys huge support among the journalist class. Dishonesty about socialism's failures has led to a huge percentage of Americans (roughly 4 in ten) saying they prefer socialism to capitalism. While it is tempting to label this a failure of American education and journalism, the fact is that it represents the triumph of propaganda over reality. If people understood the fallout socialism brings as clearly as Venezuelans now do, they would reject progressives.
Investor's Business Daily has been examining reporting of major news outlets in the US on Venezuela and found that socialism is escaping much responsibility:
When the New York Times wrote about Venezuela's ongoing collapse a year ago, it described how the country was suffering "painful shortages even of basic foods," how "electricity and water are being rationed, and huge areas of the country have spent months with little of either."
(Excerpt) Read more at americanthinker.com ...
Here is how the Times explained the reason for Venezuela's dire situation: "The growing economic crisis (was) fueled by low prices for oil, the country's main export; a drought that has crippled Venezuela's ability to generate hydroelectric power; and a long decline in manufacturing and agricultural production."
Ping!
The Amerikan media can’t report the truth going on in its own country. They are going to report the truth going on in a foreign land succumbing to socialism? Yeah, right.
Rich Eating Well in Venezuela, Basque Executive Shows
http://www.freerepublic.com/focus/f-bloggers/3435902/posts
In other words, it’s those infernal CAPITALISTS again, screwing up socialism! /s;)
That is too funny as if Hugo had nothing to do with it or the current idiots in power.
True..I was in Colombia last month and they show the real stuff. U.S. media is lower than whale shi’te
Once Latin Americas richest country, Venezuela can no longer feed its people, hobbled by the nationalization of farms as well as price and currency controls
American media know America’s parents
overwhelmingly don’t care about their children’s education.
96% of Americans attend government indoctrination centers for an “education”.
That is why the American hating socialists want it for this country. -Tom
The socialists in V are trying to cope with the overwhelming structural problems of Capitalism that they came to power to remedy. It is just proving too much. The rot was too far gone.They just need a little more time andthey need to find and kill off all the capitalist wreckers and saboteurs.Have to break some eggs, you know.
American communists aren’t communists.
They’re just greedy shills.
See how many of them are willing to work at Turnip Commune #43.
They were apologists for the Soviet Union and East Bloc back in the 1960s through 1980s period, saying that most there did not want Western style free markets. Therefore, this does not surprise me concerning their coverage (or lack thereof) of Venezuela.
The media loves bernie except when Wasserman-Shultz and godmother Shillary cheat him out of delegates.
They are covering it up.
Venezuela has for all intent and purpose become a colony of cuba. They have gone full tilt communist.
The US should cut all ties with them, and let those communist wannabes wallow in their own self imposed communist misery.
Well, what do you know? This "classic work in left wing circles" "analyzes 5 centuries of... plunder," yet it only took Chavez and the socialists less than a decade to destroy the economy of the country with the greatest oil reserves in the world.
Good going!
Mark
this is why if we must take in foreigners...let it be the Venezuelans they will make great teachers
They dream of sending you to work at Turnip Commune #43.
Communists/liberals/progressives are bullies who want to have the power to order people around.
It is not for your good or to improve things or any of the other garbage they spout.
They just want to order people around.
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.