NY Times: Venezuela’s economic devastation comparable to countries destroyed by war

[daveman]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

they'd be a shithole with or without the sanctions/etc
..the US gave BILLIONS to Latin America----and they were still a shithole just above Africa

Between 1962 and 1967 the US supplied $1.4 billion per year to Latin America.

The Alliance certainly failed

it's the culture and history--like certain cultures in the US
https://www.history.com/this-day-in-history/kennedy-proposes-alliance-for-progress
Alliance for Progress - Wikipedia

t's the culture and history--like certain cultures in the US
https://www.history.com/this-day-in-history/kennedy-proposes-alliance-for-progress
Alliance for Progress - Wikipedia

Your link:

"In response to Kennedy’s plea, Congress voted for an initial grant of $500 million in May 1961.

"During the next 10 years, billions were spent on the Alliance, but its success was marginal and there were many reasons that the program was ultimately a failure. American congressmen were reluctant to provide funds for land redistribution programs in Latin America because they felt it smacked of socialism.

"Latin American elites directed most of the funds into pet projects that enriched themselves but did little to help the vast majority of their people.

"The Alliance certainly failed in its effort to bring democracy to Latin America: by the time the program faded away in the early-1970s, 13 governments in Latin America had been replaced by military rule."

The Alliance for Progress was another bipartisan lie the rich told in order to advance private fortunes at the expense of the public state.

your post:

The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

whoever wrote that failed 3rd grade = your link is bullshit

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

Maybe you should stick to watching TV?

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many put their faith in the state as their savior.

The Government's Prayer

Our Government in D.C.,
Hallowed be thy name.
Thy nanny state come
Thy mandate be done
On flyover country as it is in the coasts.
Give us this month our monthly check,
And audit us our trespasses,
As we file suit against those who trespass against us.
And lead us not into liberty,
But deliver us from ourselves.
For thine is the oligarchy,
And the power, and the glory,
Forever and ever.
Amen.

 

[georgephillip]

Your link:

"In response to Kennedy’s plea, Congress voted for an initial grant of $500 million in May 1961.

"During the next 10 years, billions were spent on the Alliance, but its success was marginal and there were many reasons that the program was ultimately a failure. American congressmen were reluctant to provide funds for land redistribution programs in Latin America because they felt it smacked of socialism.

"Latin American elites directed most of the funds into pet projects that enriched themselves but did little to help the vast majority of their people.

"The Alliance certainly failed in its effort to bring democracy to Latin America: by the time the program faded away in the early-1970s, 13 governments in Latin America had been replaced by military rule."

The Alliance for Progress was another bipartisan lie the rich told in order to advance private fortunes at the expense of the public state.

your post:

The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

whoever wrote that failed 3rd grade = your link is bullshit

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

Maybe you should stick to watching TV?

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many out their faith in the state as their savior.

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many out their faith in the state as their savior.

This is your idea of a savior?

Taibbi: Russiagate Happened Because We Never Faced Why Trump Won – Rolling Stone

I dont have faith in govt.

I dont have faith in govt.

Does your trust vary according to which party controls DC?

1. Trust in government: 1958-2015

 

[Thinker101]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%.

 

[georgephillip]

they'd be a shithole with or without the sanctions/etc
..the US gave BILLIONS to Latin America----and they were still a shithole just above Africa
it's the culture and history--like certain cultures in the US
https://www.history.com/this-day-in-history/kennedy-proposes-alliance-for-progress
Alliance for Progress - Wikipedia

t's the culture and history--like certain cultures in the US
https://www.history.com/this-day-in-history/kennedy-proposes-alliance-for-progress
Alliance for Progress - Wikipedia

Your link:

"In response to Kennedy’s plea, Congress voted for an initial grant of $500 million in May 1961.

"During the next 10 years, billions were spent on the Alliance, but its success was marginal and there were many reasons that the program was ultimately a failure. American congressmen were reluctant to provide funds for land redistribution programs in Latin America because they felt it smacked of socialism.

"Latin American elites directed most of the funds into pet projects that enriched themselves but did little to help the vast majority of their people.

"The Alliance certainly failed in its effort to bring democracy to Latin America: by the time the program faded away in the early-1970s, 13 governments in Latin America had been replaced by military rule."

The Alliance for Progress was another bipartisan lie the rich told in order to advance private fortunes at the expense of the public state.

your post:

The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

whoever wrote that failed 3rd grade = your link is bullshit

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

Maybe you should stick to watching TV?

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many put their faith in the state as their savior.

The Government's Prayer

Our Government in D.C.,
Hallowed be thy name.
Thy nanny state come
Thy mandate be done
On flyover country as it is in the coasts.
Give us this month our monthly check,
And audit us our trespasses,
As we file suit against those who trespass against us.
And lead us not into liberty,
But deliver us from ourselves.
For thine is the oligarchy,
And the power, and the glory,
Forever and ever.
Amen.

So, why not get rid of the oligarchs and mobsters?

 

[jasonnfree]

Socialiam has never worked and the assholes on the left want it here. No thanks

Socialism works great for the elite socialists at the top who control the money. Which is why Dem's want socialism.

Like capitalism doesn't need socialist bailouts from the government from time to time.

 

[daveman]

Your link:

"In response to Kennedy’s plea, Congress voted for an initial grant of $500 million in May 1961.

"During the next 10 years, billions were spent on the Alliance, but its success was marginal and there were many reasons that the program was ultimately a failure. American congressmen were reluctant to provide funds for land redistribution programs in Latin America because they felt it smacked of socialism.

"Latin American elites directed most of the funds into pet projects that enriched themselves but did little to help the vast majority of their people.

"The Alliance certainly failed in its effort to bring democracy to Latin America: by the time the program faded away in the early-1970s, 13 governments in Latin America had been replaced by military rule."

The Alliance for Progress was another bipartisan lie the rich told in order to advance private fortunes at the expense of the public state.

your post:

The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

whoever wrote that failed 3rd grade = your link is bullshit

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

Maybe you should stick to watching TV?

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many put their faith in the state as their savior.

The Government's Prayer

Our Government in D.C.,
Hallowed be thy name.
Thy nanny state come
Thy mandate be done
On flyover country as it is in the coasts.
Give us this month our monthly check,
And audit us our trespasses,
As we file suit against those who trespass against us.
And lead us not into liberty,
But deliver us from ourselves.
For thine is the oligarchy,
And the power, and the glory,
Forever and ever.
Amen.

So, why not get rid of the oligarchs and mobsters?

I've seen what you support. That's how Venezuela got fucked up.

 

[georgephillip]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%.

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%

Chavez made his share of mistakes, and Maduro has been even worse, but Venezuelans are also victims of US sanctions and propaganda.

From 2014:

"Over the 15 years of the Bolivarian government in Venezuela, significant changes have taken place in the political culture, the social and organisational fabric, and the material living conditions of previously excluded low-income groups.

"Through multiple social policies (known as 'missions') aimed at different sectors of the population, levels of poverty and extreme poverty have been reduced significantly.

"According to ECLAC, Venezuela has become – together with Uruguay – one of the two countries with the lowest levels of inequality in Latin America. People are better fed. Effective literacy programmes have been carried out. With Cuban support, the Barrio Adentro mission has brought primary medical care to rural and urban low-income groups throughout the country...."

"Nevertheless, the social changes that have taken place were not the result of equally profound changes in the country’s economic structure.

"On the contrary, the last fifteen years have seen a consolidation of the rentier state model, with an increased dependency on revenue from oil exports. Oil’s share of total export value rose from 68.7% in 1998 to 96% in the last few years.

"The value of non-oil exports and private sector exports has fallen in absolute terms during this time. Industry’s contribution to GDP shrank from 17% in 2000 to 13% in 2013."

The limits of changes – Venezuela: terminal crisis of the rentier petro-state? - International Viewpoint - online socialist magazine

 

[Dick Foster]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

In case you didn't know, you're a complete idiot.

 

[Thinker101]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%.

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%

Chavez made his share of mistakes, and Maduro has been even worse, but Venezuelans are also victims of US sanctions and propaganda.

From 2014:

"Over the 15 years of the Bolivarian government in Venezuela, significant changes have taken place in the political culture, the social and organisational fabric, and the material living conditions of previously excluded low-income groups.

"Through multiple social policies (known as 'missions') aimed at different sectors of the population, levels of poverty and extreme poverty have been reduced significantly.

"According to ECLAC, Venezuela has become – together with Uruguay – one of the two countries with the lowest levels of inequality in Latin America. People are better fed. Effective literacy programmes have been carried out. With Cuban support, the Barrio Adentro mission has brought primary medical care to rural and urban low-income groups throughout the country...."

"Nevertheless, the social changes that have taken place were not the result of equally profound changes in the country’s economic structure.

"On the contrary, the last fifteen years have seen a consolidation of the rentier state model, with an increased dependency on revenue from oil exports. Oil’s share of total export value rose from 68.7% in 1998 to 96% in the last few years.

"The value of non-oil exports and private sector exports has fallen in absolute terms during this time. Industry’s contribution to GDP shrank from 17% in 2000 to 13% in 2013."

The limits of changes – Venezuela: terminal crisis of the rentier petro-state? - International Viewpoint - online socialist magazine

What a surprise, the US is the culprit. Guess we should have just rolled over and done nothing.

 

[SassyIrishLass]

How bad is it? North Dakota is pumping as much oil as Venezuela. Ain't socialism grand? Lol

https://www-bloomberg-com.cdn.amppr...-as-venezuela#referrer=https://www.google.com

 

[SassyIrishLass]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%.

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%

Chavez made his share of mistakes, and Maduro has been even worse, but Venezuelans are also victims of US sanctions and propaganda.

From 2014:

"Over the 15 years of the Bolivarian government in Venezuela, significant changes have taken place in the political culture, the social and organisational fabric, and the material living conditions of previously excluded low-income groups.

"Through multiple social policies (known as 'missions') aimed at different sectors of the population, levels of poverty and extreme poverty have been reduced significantly.

"According to ECLAC, Venezuela has become – together with Uruguay – one of the two countries with the lowest levels of inequality in Latin America. People are better fed. Effective literacy programmes have been carried out. With Cuban support, the Barrio Adentro mission has brought primary medical care to rural and urban low-income groups throughout the country...."

"Nevertheless, the social changes that have taken place were not the result of equally profound changes in the country’s economic structure.

"On the contrary, the last fifteen years have seen a consolidation of the rentier state model, with an increased dependency on revenue from oil exports. Oil’s share of total export value rose from 68.7% in 1998 to 96% in the last few years.

"The value of non-oil exports and private sector exports has fallen in absolute terms during this time. Industry’s contribution to GDP shrank from 17% in 2000 to 13% in 2013."

The limits of changes – Venezuela: terminal crisis of the rentier petro-state? - International Viewpoint - online socialist magazine

What a surprise, the US is the culprit. Guess we should have just rolled over and done nothing.

The left always finds a way to blame the US...then some dipshit like Ears runs around apologizing for it

 

[georgephillip]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%.

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%

Chavez made his share of mistakes, and Maduro has been even worse, but Venezuelans are also victims of US sanctions and propaganda.

From 2014:

"Over the 15 years of the Bolivarian government in Venezuela, significant changes have taken place in the political culture, the social and organisational fabric, and the material living conditions of previously excluded low-income groups.

"Through multiple social policies (known as 'missions') aimed at different sectors of the population, levels of poverty and extreme poverty have been reduced significantly.

"According to ECLAC, Venezuela has become – together with Uruguay – one of the two countries with the lowest levels of inequality in Latin America. People are better fed. Effective literacy programmes have been carried out. With Cuban support, the Barrio Adentro mission has brought primary medical care to rural and urban low-income groups throughout the country...."

"Nevertheless, the social changes that have taken place were not the result of equally profound changes in the country’s economic structure.

"On the contrary, the last fifteen years have seen a consolidation of the rentier state model, with an increased dependency on revenue from oil exports. Oil’s share of total export value rose from 68.7% in 1998 to 96% in the last few years.

"The value of non-oil exports and private sector exports has fallen in absolute terms during this time. Industry’s contribution to GDP shrank from 17% in 2000 to 13% in 2013."

The limits of changes – Venezuela: terminal crisis of the rentier petro-state? - International Viewpoint - online socialist magazine

What a surprise, the US is the culprit. Guess we should have just rolled over and done nothing.

What a surprise, the US is the culprit. Guess we should have just rolled over and done nothing.

"Venezuela Rejects Trump's Renewal of Obama 'Extraordinary Threat' Designation

"Originally approved by President Obama in 2015, Executive Order 13692 brands Venezuela a national security 'threat' and authorizes U.S. sanctions"

Venezuela Rejects Trump's Renewal of Obama "Extraordinary Threat" Designation

What Obama and Trump are doing today in Venezuela isn't very different from what Nixon and Kissinger did in Chile and Iran almost fifty years ago.

US corporations are still using political puppets to fatten their bottom lines at the expense of democracy.

 

[georgephillip]

How bad is it? North Dakota is pumping as much oil as Venezuela. Ain't socialism grand? Lol

https://www-bloomberg-com.cdn.ampproject.org/v/s/www.bloomberg.com/amp/news/articles/2018-09-17/north-dakota-is-now-pumping-as-much-crude-as-venezuela?usqp=mq331AQLmAH8rf-2w4L2uBs=&amp_js_v=a2&amp_gsa=1#referrer=https://www.google.com&ampshare=https://www.bloomberg.com/amp/news/articles/2018-09-17/north-dakota-is-now-pumping-as-much-crude-as-venezuela#referrer=https://www.google.com

How bad is it? North Dakota is pumping as much oil as Venezuela. Ain't socialism grand? Lol

How are sanctions on fracking working in North Dakota?

"Five hundred and sixty seven thousand dead children. That was the death toll of international sanctions on Saddam’s Iraq, according to a 1995 study published in The Lancet by researchers from the United Nations Food and Agricultural Organisation.

"The conclusions of the study were shocking: five years after sanctions had been first implemented, UN humanitarian workers found a once rich, oil producing nation wracked with famine.

"The sanctions were aimed at pressuring Saddam, though in reality their impact was felt most by the poorest Iraqis.

"One researcher found that around a third of children under the age of 10 in Baghdad showed signs of stunted growth, while 12 percent were in urgent need of immediate medical attention due to extreme malnutrition."
The Real Price of Trump’s Venezuela Sanctions

Did you cheer the sanctions on Iraq?
Would you be more concerned if white-skinned children were dying from illegal US sanctions?

 

[georgephillip]

your post:
how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

whoever wrote that failed 3rd grade = your link is bullshit

how do you go from worst to worse ????????!!!!!!!!!!!!!!

Well, 'worse' is a comparative adjective or adverb, describing something that is more disagreeable than something else. By comparison, 'worst' is a superlative adjective or an adverb that means something is as bad as it can get: there is nothing that can get worse.Oct 30, 2017

Maybe you should stick to watching TV?

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many put their faith in the state as their savior.

The Government's Prayer

Our Government in D.C.,
Hallowed be thy name.
Thy nanny state come
Thy mandate be done
On flyover country as it is in the coasts.
Give us this month our monthly check,
And audit us our trespasses,
As we file suit against those who trespass against us.
And lead us not into liberty,
But deliver us from ourselves.
For thine is the oligarchy,
And the power, and the glory,
Forever and ever.
Amen.

So, why not get rid of the oligarchs and mobsters?

I've seen what you support. That's how Venezuela got fucked up.

've seen what you support. That's how Venezuela got fucked up.

I don't support illegal US sanctions, do you?

http://cepr.net/images/stories/reports/venezuela-sanctions-2019-04.pdf

"The August 2017 Sanctions The August 2017 sanctions prohibited the Venezuelan government from borrowing in US financial markets.

"This prevented the government from restructuring its foreign debt, because any debt restructuring requires the issuance of new bonds in exchange for the existing debt.

"Thus, these sanctions prevented the economy from recovering from a deep recession which had already taken a large toll on the population, which along with the economy was more vulnerable to these sanctions and the ones that followed as a result of the economic crisis.

"Real GDP had already declined by about 24.7 percent from 2013 through 2016, and consumer price inflation for January to August 2017 was probably somewhere between 758 percent and 1,350 percent at an annual rate."

 

[SassyIrishLass]

How bad is it? North Dakota is pumping as much oil as Venezuela. Ain't socialism grand? Lol

https://www-bloomberg-com.cdn.ampproject.org/v/s/www.bloomberg.com/amp/news/articles/2018-09-17/north-dakota-is-now-pumping-as-much-crude-as-venezuela?usqp=mq331AQLmAH8rf-2w4L2uBs=&amp_js_v=a2&amp_gsa=1#referrer=https://www.google.com&ampshare=https://www.bloomberg.com/amp/news/articles/2018-09-17/north-dakota-is-now-pumping-as-much-crude-as-venezuela#referrer=https://www.google.com

How bad is it? North Dakota is pumping as much oil as Venezuela. Ain't socialism grand? Lol

How are sanctions on fracking working in North Dakota?

"Five hundred and sixty seven thousand dead children. That was the death toll of international sanctions on Saddam’s Iraq, according to a 1995 study published in The Lancet by researchers from the United Nations Food and Agricultural Organisation.

"The conclusions of the study were shocking: five years after sanctions had been first implemented, UN humanitarian workers found a once rich, oil producing nation wracked with famine.

"The sanctions were aimed at pressuring Saddam, though in reality their impact was felt most by the poorest Iraqis.

"One researcher found that around a third of children under the age of 10 in Baghdad showed signs of stunted growth, while 12 percent were in urgent need of immediate medical attention due to extreme malnutrition."
The Real Price of Trump’s Venezuela Sanctions

Did you cheer the sanctions on Iraq?
Would you be more concerned if white-skinned children were dying from illegal US sanctions?

I did approve of Iraqi sanctions

Why don't you list the number of dead Saddam caused you miserable Jew hating ill informed partisan jackass

You're fckn clueless. Stop posting shit from left loon sites we're not buying that garbage

 

[LordBrownTrout]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%.

Yep, you're right. Socialism is not responsible for ALL of Venezuela's problems, only 85%

Chavez made his share of mistakes, and Maduro has been even worse, but Venezuelans are also victims of US sanctions and propaganda.

From 2014:

"Over the 15 years of the Bolivarian government in Venezuela, significant changes have taken place in the political culture, the social and organisational fabric, and the material living conditions of previously excluded low-income groups.

"Through multiple social policies (known as 'missions') aimed at different sectors of the population, levels of poverty and extreme poverty have been reduced significantly.

"According to ECLAC, Venezuela has become – together with Uruguay – one of the two countries with the lowest levels of inequality in Latin America. People are better fed. Effective literacy programmes have been carried out. With Cuban support, the Barrio Adentro mission has brought primary medical care to rural and urban low-income groups throughout the country...."

"Nevertheless, the social changes that have taken place were not the result of equally profound changes in the country’s economic structure.

"On the contrary, the last fifteen years have seen a consolidation of the rentier state model, with an increased dependency on revenue from oil exports. Oil’s share of total export value rose from 68.7% in 1998 to 96% in the last few years.

"The value of non-oil exports and private sector exports has fallen in absolute terms during this time. Industry’s contribution to GDP shrank from 17% in 2000 to 13% in 2013."

The limits of changes – Venezuela: terminal crisis of the rentier petro-state? - International Viewpoint - online socialist magazine

Share of mistakes? Are you kidding me? He nationalized and destroyed the country. This had nothing to do with sanctions. Unbelievable.

 

[daveman]

Maybe you should stick to watching TV?

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many put their faith in the state as their savior.

The Government's Prayer

Our Government in D.C.,
Hallowed be thy name.
Thy nanny state come
Thy mandate be done
On flyover country as it is in the coasts.
Give us this month our monthly check,
And audit us our trespasses,
As we file suit against those who trespass against us.
And lead us not into liberty,
But deliver us from ourselves.
For thine is the oligarchy,
And the power, and the glory,
Forever and ever.
Amen.

So, why not get rid of the oligarchs and mobsters?

I've seen what you support. That's how Venezuela got fucked up.

've seen what you support. That's how Venezuela got fucked up.

I don't support illegal US sanctions, do you?

http://cepr.net/images/stories/reports/venezuela-sanctions-2019-04.pdf

"The August 2017 Sanctions The August 2017 sanctions prohibited the Venezuelan government from borrowing in US financial markets.

"This prevented the government from restructuring its foreign debt, because any debt restructuring requires the issuance of new bonds in exchange for the existing debt.

"Thus, these sanctions prevented the economy from recovering from a deep recession which had already taken a large toll on the population, which along with the economy was more vulnerable to these sanctions and the ones that followed as a result of the economic crisis.

"Real GDP had already declined by about 24.7 percent from 2013 through 2016, and consumer price inflation for January to August 2017 was probably somewhere between 758 percent and 1,350 percent at an annual rate."

Nobody has a right to participate in American markets. But you just make sure you blame anybody but the socialists.

 

[georgephillip]

Why do you yearn for someone to control you and lead you by the nose? This has always fascinated me that many put their faith in the state as their savior.

The Government's Prayer

Our Government in D.C.,
Hallowed be thy name.
Thy nanny state come
Thy mandate be done
On flyover country as it is in the coasts.
Give us this month our monthly check,
And audit us our trespasses,
As we file suit against those who trespass against us.
And lead us not into liberty,
But deliver us from ourselves.
For thine is the oligarchy,
And the power, and the glory,
Forever and ever.
Amen.

So, why not get rid of the oligarchs and mobsters?

I've seen what you support. That's how Venezuela got fucked up.

've seen what you support. That's how Venezuela got fucked up.

I don't support illegal US sanctions, do you?

http://cepr.net/images/stories/reports/venezuela-sanctions-2019-04.pdf

"The August 2017 Sanctions The August 2017 sanctions prohibited the Venezuelan government from borrowing in US financial markets.

"This prevented the government from restructuring its foreign debt, because any debt restructuring requires the issuance of new bonds in exchange for the existing debt.

"Thus, these sanctions prevented the economy from recovering from a deep recession which had already taken a large toll on the population, which along with the economy was more vulnerable to these sanctions and the ones that followed as a result of the economic crisis.

"Real GDP had already declined by about 24.7 percent from 2013 through 2016, and consumer price inflation for January to August 2017 was probably somewhere between 758 percent and 1,350 percent at an annual rate."

Nobody has a right to participate in American markets. But you just make sure you blame anybody but the socialists.

Nobody has a right to participate in American markets. But you just make sure you blame anybody but the socialists.

American capitalists have no right to impose unilateral sanctions, or to blame socialism for the human cost such illegal collective punishment inflicts.

http://cepr.net/images/stories/reports/venezuela-sanctions-2019-04.pdf

"We find that the sanctions have inflicted, and increasingly inflict, very serious harm to human life and health, including an estimated more than 40,000 deaths from 2017–2018; and that these sanctions would fit the definition of collective punishment of the civilian population as described in both the Geneva and Hague international conventions, to which the US is a signatory.

"They are also illegal under international law and treaties which the US has signed, and would appear to violate US law as well."

 

[CrusaderFrank]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

We'd be so much better off keeping the hard working illegals and deporting Progressives to Venezuela

 

[georgephillip]

"Socialism" isn't responsible for all of Venezuela's misery; the capitalists at the IMF and Wall Street, along with their useful idiots like Trump, are ensuring another oil rich country follow in the blood-soaked footsteps of Iraq and Libya.

Bloomberg - Are you a robot?

"The worst economic crisis in modern Latin American history has gotten 'even worse' than expected as new U.S. sanctions exacerbate pain on Venezuela, according to the International Monetary Fund.

"There’s more downside risk in the region after the Trump administration slapped a de facto oil ban on Venezuela and tightened restrictions on state oil giant PDVSA, said the IMF’s Western Hemisphere Director Alejandro Werner."

We'd be so much better off keeping the hard working illegals and deporting Progressives to Venezuela

We'd be so much better off keeping the hard working illegals and deporting Progressives to Venezuela

Maybe we could keep the migrants and ship Trump Crime, Inc off to Russia?

"No previous United States president has had anything close to Donald J. Trump’s record of repeated social and business dealings with mobsters, swindlers, and other crooks.

"Investigative reporter Wayne Barrett wrote that Trump didn’t just do business with mobbed-up concrete companies in Manhattan in his early career.

"He likely met personally with 'Fat Tony' Salerno at the townhouse of notorious New York fixer Roy Cohn.

"There were witnesses to the meeting, one of whom kept detailed notes on all of Cohn’s contacts."

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