Venezuela?
Submitted by AAAAANDRE on Sun, 01/10/2010 - 17:57
Been seeing a lot of stories on Chavez's devaluation of the Venezuelan currency...
http://www.reuters.com/article/idUSN096521320100109
http://search.wn.com/?search_string=venezuela+devaluation&ac...
Any thoughts on how that might fortell our own situation???
Is this a learning situation?
LOL: Chavez asks Venezuela TV to make 'socialist soap operas'!
This stuff cannot be made up.
Jan 10 05:44 PM US/Eastern
Venezuelan President Hugo Chavez said Sunday he has asked film producers to make "socialist soap operas," with government help if needed, because there's too much capitalism on television.
"A while ago, I was in Cuba and they broadcast soap operas there, not capitalist soap operas but with a social content, socialist" soap operas, Chavez told a group of filmmakers and scriptwriters guested on his weekly radio and television show, "Alo Presidente."
"I'm going to ask that we make socialist soap operas (in Venezuela), instead of capitalist ones."
The firebrand leftist leader offered government help to producers following his advice.
"We can also make good movies," he added. "Not capitalist movies that are poison and incite our children to take drugs and even push them into crime."
In 2006, Chavez opened Villa del Cine, a filmmaking center outside Caracas that produces full-length and short films and documentaries.
http://www.breitbart.com/article.php?id=CNG.ca3bca4668285a1f...
LOL! Learning situation?!
LOL! Learning situation?! Nah, the folks in charge here are the polar opposite of learning. Until the US dollar no longer holds world reserve currency status this most probably won't happen to us. We can just create more dollars to finance our deficits. Venezuela can't.
Well
US $ Reserve Status is on thin ice.
I meant more how the people are reacting to the devaluation... Buying TVs, anything, before prices get way out of line. And how people are getting screwed by the currency exchange, shades of Amero?
This quote sounded eerily familiar describing our politicians...
"Chavez, whose popularity usually rises in correlation with public spending"
Well, it is nothing new to
Well, it is nothing new to the Venezuelan's. Having been there multiple times and actually lived there for multi-month stints at a time I can say many are becoming fed up with Chavez there. The Chavistas arent as emboldened as they used to be and vota si is x'ed out pretty much wherever you go except for in the very, very poverty stricken areas out in the boonies.
They have had multiple currency devaluations since Chavez has been in office so again, it's nothing new to them. Deniro fuerte makes everyone happy for a time then the long lines and shortages occur yet again.
Everyone is beginning to understand that Chavez is a liar and that he is only making matters worse. The hard part for many is that they suffered through *predatory capitalism* aka corporatism unlike anything the people in the US have ever faced so they are very leary of being pro-capitalism even though they see socialism isn't working.
It's just like how the govt funded economists here in the US say that free market capitalism was to blame for past and current economic downturns. Saaaaaaaame thing there. Chavez just lays the blame at the feet of 40 years of "capitalism" even though the lines and shortages are easily predictable.