Free Markets, Free People
Hugo Chavez has assumed room temperature. I’ve always been taught it is bad manners to talk ill of the dead. In this case I’ll risk it. It is a huge boon for liberty and individual rights that Hugo is no longer at the helm of the shipwreck he’s made of his country and its economy.
Of course, there are those who feel differently about a man who had no respect for individual liberty, property or rights:
Sean Penn said in a statement to the Hollywood Reporter that “the people of the United States lost a friend it never knew it had. And poor people around the world lost a champion. I lost a friend I was blessed to have. My thoughts are with the family of President Chavez and the people of Venezuela.”
No one ever said our celebrities were particularly bright. I mean this is Sean Penn who tried to paddle around New Orleans in a row boat in the wake of Katrina to … well, one assumes to prove something. Instead he just became another problem for those actually doing rescue work.
So it’s not particularly surprising to see him, blinders firmly in place, saying silly stuff about Chavez. Chavez was a dictator, a tyrant, a bully, amoral, violent and singularly ideologically driven. And, in terms of how the world works economically, ignorant as a stump (a common condition for most socialists) – as is Penn.
Hugo Chavez was no “friend of the poor”. He simply used them, by giving them other people’s property, to provide himself with a power base.
With Chavez’s passing, perhaps Venezuela can now recover from the long national nightmare it has undergone during the Chavez years.
Hugo Chavez is really interested in pulling his good friend Moammer Gahdafi’s bacon out of the fire. Did I say bacon – how insensitive of me. Let’s just call it “fat” and leave it at that.
Yes, Hugo is good buddies with the guy who is in the middle of doing whatever he can to hold on to power to include bombing his own people. And, of course, Chavez is also using it as an opportunity to blame the US and divert attention from the atrocities his good buddy is ordering committed daily:
Venezuelan President Hugo Chavez has called for an international good will commission to mediate in Libya; in contrast the U.N. Security Council over the weekend voted for tough restrictions and possible war crimes charges against the Libyan regime.
On Monday, Chavez said Gadhafi, "has been my friend and our friend for a long time," in remarks broadcast on Venezuelan state television.
And in comments made on Thursday, Chavez described alleged preparations to invade Libya as "a madness, and in front of that madness, as always, the Yankee empire that tries to dominate the world, at the cost of fire and blood."
You’ve got to love a guy who can delude himself so completely. He’s the prototypical autocrat. And he’s watching tyrants very similar to himself falling one by one.
And you have to laugh at how lame it is when he tries to push it all off on "the Yankee empire”, when we’ve got an administration that has been mostly silent about everything and was so timid that it sent a commercial ferry for its evacuees instead of using the military. Yup, “the Yankee empire” is just dyin’ to lay a little “fire and blood” on the world.
So Hugo Chavez, now the head of the dictator protection league, peddles his “peace plan”, with an eye to keeping a mad man in power.
Yeah, that ought enhance his reputation.
Strongman Hugo Chavez says the flooding in Venezuela that has resulted in 70,000 homeless and 32 deaths is easy to understand. It’s the result of “criminal capitalism” and it’s effect on the world’s climate:
"The developed nations irresponsibly shatter the environmental order, in their desire to maintain a criminal development model while the immense majority of the earth’s people suffer the most terrible consequences," he said on Venezuelan television Sunday.
You may be wondering why this sort of stupidity is even worth mentioning. It is worth mentioning because it is a sterling example of the nonsense that has been precipitated by AGW scaremongering that I discuss below. This is a dictator’s excuse, however absurd it sounds, for his regime’s inability to control the flooding in his country.
"The world’s powerful economies insist on a destructive way of life,” he said on Sunday. "And then refuse to take any responsibility."
I’m sure it doesn’t take much imagination to figure out what taking "responsibility" would mean. In the past this would be viewed as another in a long line of failed socialist dictators who, because of their crippling of their country’s economy, have rendered unable to cope with natural disasters. But with the convenient excuse of AGW to pin the blame on, and by extension the richer nations, shifting the blame is a natural.
Any bets as to whether this will be a topic in Cancun?
When government doesn’t want to pay a bill, you have little recourse except the courts in most law abiding countries.
In the dictatorship that is Venezuela, not only does the government not pay the bill, but it takes you means of livelihood to boot for daring to attempt to collect what you’re owed. Such is the fate of one American owned country which tried to collect on its debt.
Venezuela will nationalize a fleet of oil rigs belonging to U.S. company Helmerich and Payne, the latest takeover in a push to socialism as President Hugo Chavez struggles with lower oil output and a recession.
The 11 drilling rigs have been idled for months following a dispute over pending payments by the OPEC member’s state oil company PDVSA. Oil Minister Rafael Ramirez said on Wednesday the rigs, the Oklahoma-based company’s entire Venezuelan fleet, were being nationalized to bring them back into production.
The reason they weren’t presently in production is the Venezuelan government refuses to pay them for $49 million for past services.
Of course the government of Venezuela has devised an excuse for what would be grand theft in any other law abiding society:
Ramirez said companies that refused to put their rigs into production were part of a plan to weaken Chavez’s government,
“There is a group of drill owners that has refused to discuss tariffs and services with PDVSA and have preferred to keep this equipment stored for a year,” Ramirez told reporters in the oil producing state of Zulia. “That is the specific case with U.S. multinational Helmerich and Payne.”
Interestingly, we here have the opposite problem. Venezuela’s government is trying to get drilling rigs into production and has resorted to nationalized theft to do it.
We have a government trying to take drilling rigs out of production, and is prepared to ignore court rulings to the contrary and do so by executive fiat.
I just can’t help it – not that this is surprising or unexpected.
Venezuela’s economy is in trouble despite the country’s huge oil reserves. Blackouts plague major cities. Its inflation rate is among the world’s highest. Private enterprise has been so hammered, the World Bank says, that Venezuela is forced to import almost everything it needs.
This is socialism working again. Yes, yes, we’ll hear the naysayers claim that it “really isn’t socialism”, but of course, it is and, like all other attempts throughout the world and history, it is a dismal failure which has made the lives of the citizens of Venezuela worse, not better. Venezuela’s economy has contracted 3.3% in the past year.
Jose Guerra, a former Central Bank economist, says state intervention in private businesses is hitting the economy hard.
“The government is nationalizing, expropriating, or confiscating,” he says. “They are not creating new wealth; this is wealth that was already created.”
And, as expected, the government is badly mismanaging what it confiscates and nationalizes. Cities endure 4 hour blackouts daily, many during business hours.
This is not the way it was supposed to be. Venezuela is one of the world’s great energy powers. Its oil reserves are among the world’s largest and its hydroelectric plants are among the most potent.
But these days, Venezuela is being left behind: The rest of Latin America is expected to grow at a healthy rate this year, according to the World Bank.
Guerra, the former Central Bank economist, says the government must reconsider its policies — and drop the statist socialist model that Chavez adopted.
“The government has to consider that the socialist point of view is not so good for the economy,” Guerra says. “Chavez believes in the old-fashioned socialism. This kind of socialism is dead, definitely dead, it doesn’t apply to any country in the world.”
Of course it should be “dead, definitely dead” to the world, but it isn’t. Ignorant people like Chavez always believe that the myth of socialism and the supposed “social justice” it promises are workable solutions to what are the inequities and unfairness they see in a capitalist system. And when they finally grab power, they attempt to impose the promises of the myth with predictable results.
Of course, when committed this deeply, you don’t expect such a person to admit they’re wrong, but, instead to double down. Hugo Chavez doesn’t disappoint:
In a recent speech, Chavez acknowledged the economic troubles, but he said he wasn’t worried.
Instead, he spoke of a worldwide capitalist crisis, which he said provided a marvelous opportunity for Venezuela to push a new model.
Oh yeah, given the wreck that was Venezuela’s economy before the “capitalist crisis”, I’m sure there are untold numbers of countries just can’t wait to sign on to the “Venezuelan model” and all it promises:
The grill at Landi Nieto’s burger joint still works: It runs on gas. But customers eat in the dark, Nieto says, if they venture out at all in the first place.