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:

Libtards will blame Venezuela on Trump and his supporters. Might as well you blame him for everything. Trump 2016 !!
Richard Woodson then explain Britain, Russia, and the US in Afghanistan. Asymmetric warfare is king. Time to read the Art of War.
Socialism and Social Democracy are different things. Take a civics class.
The leader of this company controlled the oil. When he took it over…or stoled it from the oil companies..he thought it would benefit him and his regime. He thought wrong.
Thomas Brennan my god your stupid
Cori Nuss
Ken Bame, sounds to me like you’ve drank Hilary’s look aid. Of course it’s greedy corporations causing these problems. So OK ,you blame the borrower not the lender with the predatory loans? Do you understand this a debt based economy? You think this started with Bush? Wow you have a short memory or are to young to remember the s&L scandal or to know about the predatory lending practices to small countries to control and steal their resources. It’s what banks do. You must not understand how fractional banking works. And actually the the bust was caused by the removal of glass-stegal. So how about you do some actual research! Larry Howe we are taxed at around 30-35% plus pay for health insurance (which in most cases has at least a $2000 deductible on top of the $300-400 a month) college runs an average of $25,000. If you put that money back in your pocket and have a tax increase of 5-7% you’re still bringing home more than if all of that came out of pocket. And hell cut the military budget by 25% and actually make corporations pay taxes instead of subsidizing them there would be no for a tax increase
Viva communism
Viva la revolucion!
Don’t they understand US intervention of s the only thing thing that staved this off in the last 100 years