Socialism always starts as a “people’s movement,” with mindless and ignorant people being directed by elitist con men in the background, telling the foolish that by bringing down the “rich,” everyone will share in the abundance that socialism will bring. It is always a lie, and invariably almost all the people end up in poverty, with the exception of the top socialist leaders who live like kings. Fidel Castro is certainly one who has lived that life, and his protege, Hugo Chavez destroyed the Venezuelan economy pursuing the same socialist policies.
When the economy comes crashing down, it is necessary for the leadership to blame an outside source, and when Chavez was alive, he continually named the United States for all of the woes the country was suffering from. In fact, the oil rich country provides 9 percent of the U.S. gross oil imports, which must be a considerable sum of export income to the nation of 30 million people. As such, the U.S. provided a huge portion of the countries income, but Chavez resented that as well.
Venezuela has expropriated foreign and domestic businesses, which means that the people have little invested in the country and are becoming very unhappy with the leadership as it nosedives to complete economic ruin.
For more on the Venezuelan “people’s paradise,” see page 2:
Dave Pearson you idiot, the crash of 2008 was because of NINJA loans forced on the banks by Clinton and continued by Bush, it takes time to build a bubble then burst! To think everyone should be able to buy their dream home was a ridiculous idea. But what you can afford!
When the student loan bubble bursts are you gonna blame that on capitalism and greedy corporations or on the students paying thousands for useless degrees?
Wake up and do some homework!!
OPEC has manipulated oil prices to discouraged the more expensive procuring oil called fracturing or fracking as you probably know it. If you can buy a barrel of oil from Saudi Arabia for $45 why would you pay $65 to recover it thru fracking?
Just how can our government affect the world oil Market? Releasing our reserves would only make it go down!!
Communists can never stop lying. Their entire lives are built upon them. Just like Clinton. Evil
Derp
You haven’t heard, the US applied a coup and overthrew the government?
Shane Piscione Where from? And then who was here first? I’m willing to stake a huge bet that it was not the anglo-saxon? lol
We have enough of our own problems without corrupt government, we don’t need another one. Thanks anyway!
This is an example for all of the Bernie Sanders Fans out there…
Time to wake up…
America will invade Venezuela
We all know that
Andrew Hammers that’s is correct. nothing new under the sun.