20 replies to this topic

[stocks]

6 March 2013

Sean Penn, Michael Moore, Oliver Stone, Danny Glover - Hollywood figures who became friends with the Venezuelan president mourn a 'great hero' and 'champion of the poor'

Sean Penn, Oliver Stone, Michael Moore and Danny Glover Helped to Destroy and Impoverish Venezuela, But They Themselves Won't Suffer

They can still live in their Hollywood mansions, secure in the knowledge that their private property is protected by the police and US military.

Hollywood's Favorite Country:

Venezuelans Are Marked With Numbers To Stand In Line At Government Supermarkets

It's hard to get a sense of what a food shortage is like unless you've lived through one, but this tidbit from Venezuela serves as a chilling illustration.

The lines to get into government supermarkets are so long that people mark their arms with their place in line. It's not a permanent tattoo — just a pen — but the point is to make sure that the long lines stay as orderly as possible.



http://www.businessi...for-food-2014-3

[stocks]

6 March 2013

Sean Penn, Michael Moore, Oliver Stone, Danny Glover - Hollywood figures who became friends with the Venezuelan president mourn a 'great hero' and 'champion of the poor'

Sean Penn, Oliver Stone, Michael Moore and Danny Glover Helped to Destroy and Impoverish Venezuela, But They Themselves Won't Suffer

They can still live in their Hollywood mansions, secure in the knowledge that their private property is protected by the police and US military.

Hollywood's Favorite Country:

Venezuelans Are Marked With Numbers To Stand In Line At Government Supermarkets

Venezuelan Prostitutes Earn More Selling Dollars Than Sex

Prostitutes more than double their earnings by moonlighting as currency traders in Puerto Cabello.

Buying and selling dollars in the streets is a crime -- and prostitution isn’t. Greenbacks in the black market are worth 11 times more than the official rate as dollars become more scarce in an economy that imports 70 percent of the goods it consumes.

The benefits of the trade are stacked around Elena’s room in the Blue House brothel -- bags of rice, flour, sugar and cooking oil -- products that other Venezuelans have to line up for hours to buy at regulated prices in shops, if they can find them at all.

The dollar shortage is turning Venezuela into a two-tier society similar to the Soviet Union and Cuba. Those with access to dollars such as prostitutes, tour agents, airport taxi drivers and expatriates are able to shield themselves from inflation by trading their greenbacks at ever higher rates. Those who can’t are seeing their living standards decline.


http://www.bloomberg...s-than-sex.html

[stocks]

Venezuela - Total Economic Collapse Underway

1. In May of 2009 Chávez Seized Assets of Oil Contractors after which Chavez stated "our people will never again be anyone’s slave".

2. In June of 2010 Venezuela Nationalized U.S. Firm's Oil Rigs. "A former soldier inspired by Cuba's Fidel Castro, Chavez has made energy nationalization the linchpin in his 'revolution'. He has also taken over assets in telecommunications, power, steel and banking."

In May of 2012, USA Today reported Venezuela's PDVSA oil company is bloated, 'falling apart'.

3. As with all government takeovers, output plunges and costs soar.

4. In March 2103, Venezuela devalued the Venezuelan bolivar by 46.5% and created a new currency exchange control regime.

5. On November 5, 2013 Venezuela tightens control of foreign exchange

6. Army seizes goods, imports dry up, merchandise unavailable at any price. Currency collapses additional 90% on black market.


For now, meat and produce availability will depend on whatever the government can confiscate from local growers. However, agricultural products will not last long because fertilizer and feed will vanish at government set prices.


Read more at http://globaleconomi...ks21ijavoo1A.99

Trapped in Venezuela: Looking to Get Out? Good Luck!

Every day, the cost of a plane ticket out of Venezuela goes up. That assumes you can get a plane ticket, and you probably cannot, even if you booked three months ago. Delta Air Lines, American Airlines, and Lufthansa cut the number of flights. Air Canada stopped all service.

Many Venezuelans who want to leave the country simply can't. Tickets for short flights to other transit hubs in the region, such as Panama City or Bogotá, are difficult to come by.

On top of that, stringent currency controls mean that Venezuelans have access to only $400 a year, making it nearly impossible to pay the high prices airlines demand for tickets on the Web.

"Just about all of my friends want to get out of here," said Roberto Villarroel, a 19-year-old university student who wants to move to Argentina. "I'm still looking for a ticket, though. The prices go up every day."



Read more at http://globaleconomi...CGVvhU01fAh0.99

[stocks]

6 March 2013

Sean Penn, Michael Moore, Oliver Stone, Danny Glover - Hollywood figures who became friends with the Venezuelan president mourn a 'great hero' and 'champion of the poor'

Venezuela - Media, Paramilitaries, Abuses, and Some Blood

•The Media Blackout - From yanking a Colombian cable news channel off the air to taking an entire city offline, the government has made controlling the flow of information about the crisis a priority. This comes on the heels of the looming threat to newspapers all over the country, which we have documented extensively. President Maduro has already announced they will pull the plug on CNN En Español, an important source of independent information. Now their journos’ official credentials have been revoked. All told, the past two weeks have been dreadful for the right of Venezuelans to be informed. The result? Tons of rumors, tons of disinformation, tons of uncertainty.

•Paramilitaries: Let’s call a spade a spade: colectivos are paramilitaries. It’s silly that chavistas are somehow trying to minimize the role of these government-sponsored groups that now roam freely in the streets of Venezuela, heavily armed, accountable to God-only-knows whom. They have been repeatedly lionized by the government. They are christened by Ministers as the main line of defense of the Revolution. They talk to the foreign press and gleefully display their weapons and their fire power. Chavista governors give them orders via Twitter. And numerous eyewitnesses tell stories of violence. True – they don’t always shoot live ammo. Sometimes their role is simply to intimidate. Regardless, they are real, and they are not going anywhere.

•Human Rights Abuses - From the jailing of Leopoldo López to the alleged torture of student demonstrators, it seems clear that Venezuela crossed a rubicon in the past few days. This has been a PR disaster for the government, with everyone from Amnesty International to Human Rights Watch to (gulp) Madonna weighing in. I don’t know if they care or not, but Maduro’s cast in international public opinion seems set for now. He is an abusive, mustachoed thug. Any lingering claim to the moral high-ground or to hemispheric leadership that the revolution may once have held on to died this month.

Mission Impossible to Stop Capital Flight

On January 23, in Venezuela Strengthens Currency Controls in Impossible Mission to Stop Capital Flight; Airlines Collapse; End of the Line I commented ...

Hyperinflation, and economic stupidity by the leftist government are both out of control. On the currency side, the official exchange rate is 6.3 Bolivars to the dollar. The exchange rate for foreign travelers was just set to 11.36 Bolivars per dollar. The black market exchange rate is 79 Bolivars per dollar.

The end of the line for the Bolivar is at hand. The leftist government nationalized oil reserves, and the result was an immediate collapse in production. The only way Venezuela can import anything is from dwindling US dollar reserves. When those run out, it's lights out for the Bolivar.

What kind of hellhole is Venezuela?

“We are beggars of food, beggars of basic products, beggars of medicines, beggars of diapers for our children – right now we are beggars of everything,” a person in a grocery line told the FT.

Venezuela is an economic disaster zone. The typical Venezuelan spends hours lining up to buy basic food items, while 27,000 government apparatchiks inspect prices to make sure they are “fair.” How would they know?

Consumer prices are rising at 63% a year. And the annual rate of increase is expected to reach 110% next year. And so great is the threat of default that Venezuela’s dollar bonds yield nearly 20%. But when the going gets tough, the Venezuelans turn – to crime!



http://www.acting-man.com/?p=34562

[stocks]

Sean Penn, Oliver Stone, Michael Moore and Danny Glover Helped to Destroy and Impoverish Venezuela, But They Themselves Won't Suffer

They can still live in their Hollywood mansions, secure in the knowledge that their private property is protected by the police and US military.

Leopoldo López is a Venezuelan politician, currently serving as National Coordinator of Venezuelan political party Voluntad Popular, which he founded in 2009. Born in Caracas on 29 April 1971, he received a degree in Sociology and Economics from Kenyon College, and later Master of Public Policy from Harvard University.

López, who called for peaceful protests in 2014, was arrested on 18 February under charges of arson, terrorism, and homicide. His trial is ongoing.

Amnesty International, Human Rights Watch, the United Nations High Commissioner for Human Rights, and numerous former presidents have called for his immediate release and protested the nature of the charges against Lopez.

Since his arrest, López became the most popular politician in Venezuela, with an approval rating near 50% compared to President Maduro's rating below 30%.

Human rights groups consider López as "Latin America's most prominent political prisoner". Multiple organizations denounced López's detention and published discussions about it in order to bring attention to his arrest.

“The charges brought against Venezuelan opposition leader Leopoldo López,” maintained Amnesty International in a February 19 statement, “smack of a politically motivated attempt to silence dissent in the country.”

Human Rights Watch said: "The Venezuelan government has openly embraced the classic tactics of an authoritarian regime, jailing its opponents, muzzling the media, and intimidating civil society


http://en.wikipedia....Leopoldo_López

[Rogerdodger]

I wonder if they found him in Fort Marcy Park?

Argentine prosecutor who claimed government cover-up found dead...
'Everything indicates it was suicide'...

Edited by Rogerdodger, 19 January 2015 - 12:21 PM.

[Rogerdodger]

No gunpowder on hands of "suicide" victim.
Argentine prosecutor shot point blank in forehead...

Fernandez issues confusing and contradictory statements...

Journalist who broke news of death flees country...

Edited by Rogerdodger, 25 January 2015 - 06:35 PM.

[stocks]

Pope rejects communist crucifix from Bolivian president.

Newsbusters reported on Pope Francis’ reaction to Bolivian President Evo Morales handed the him a communist crucifix carved in the shape of a hammer and sickle.

Pope Francis said in Spanish, “No está bien eso,” translated “That’s not right.”


http://www.breitbart...hats-not-right/

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Sean Penn, Oliver Stone, Michael Moore and Danny Glover Helped to Destroy and Impoverish Venezuela, But They Themselves Won't Suffer

Hugo Chávez daughter is the richest individual in Venezuela

According to the Miami-based Diario Las América, Venezuelan media sources will soon publish materials showing that María Gabriela Chávez has bank accounts in the U.S. and Andorra with assets totaling nearly $4.2 billion.


http://latino.foxnew...-report-claims/

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Sean Penn, Oliver Stone, Michael Moore and Danny Glover Helped to Destroy and Impoverish Venezuela, But They Themselves Won't Suffer

The Communists have created a food crisis in Venezuela