Tough times in the Worker's Republic of Venezuela

[Pwns]

More government seizures of businesses, runaway inflation, price controls creating free-for-alls at stores, and rapidly escalating government debt. Meanwhile, the government blames everyone and everything except for the economic system and is threatening to jail opposition leaders.

But I guess the US media is just conspiring to make Venezuela look bad.

How long before US churches are collecting canned goods to send over there?

http://touch.latimes.com/#section/-1/ar ... -78205642/" onclick="window.open(this.href);return false;

[houndawg]

More government seizures of businesses, runaway inflation, price controls creating free-for-alls at stores, and rapidly escalating government debt. Meanwhile, the government blames everyone except for the economic system and is threatening to jail opposition leaders.

But I guess the US media is just conspiring to make Venezuela look bad.

How long before US churches are collecting canned goods to send over there?

http://touch.latimes.com/#section/-1/ar ... -78205642/" onclick="window.open(this.href);return false;

We need to make them safe for Democracy.

[Baldy]

More government seizures of businesses, runaway inflation, price controls creating free-for-alls at stores, and rapidly escalating government debt. Meanwhile, the government blames everyone and everything except for the economic system and is threatening to jail opposition leaders.

But I guess the US media is just conspiring to make Venezuela look bad.

How long before US churches are collecting canned goods to send over there?

http://touch.latimes.com/#section/-1/ar ... -78205642/" onclick="window.open(this.href);return false;

These people need to learn that government control is in their best interest.

I bet their health care system is amazing.

[SDHornet]

Venezuela may have reaped $750 billion in oil revenue since 1999, but its government is low on cash and has been forced to take on an increasing amount of debt, including more than $35 billion in advances from China secured by oil sales. An official of the International Monetary Fund said recently that Venezuela's current economic path was unsustainable.

Maduro, a former bus driver with little formal education, lacks Chavez's political skills and charisma. He and his supporters blame outside pressures, even sabotage, for the problems. The United States is high on their list of culprits. More-conservative economists and politicians say Chavez and Maduro created the mess themselves.

A bus driver is their leader.
But it's still more experience than what our Prez has.

Spared from the new controls are prices of basic foods, which have been set by the government since shortly after Chavez took office in 1999.

Those price controls, on chicken, rice, cooking oil and other items, won favor with the poor but drove many food companies out of business. As a result, the government now must import 70% of all basic foods, said Alejandro Arreaza, an economist with Barclays in New York. Even so, scarcities persist because of inefficiency and corruption.

The controls, combined with the chilling effect of government takeovers of hundreds of companies, farms and ranches, have made Venezuela's economy among the least productive in the hemisphere, said economist Jose Manuel Puente, now a visiting fellow at Oxford University.

And more people think more government control in our economy will help our situation.

On a side note, the black market must be booming in Venezuela.

[Baldy]

Venezuela may have reaped $750 billion in oil revenue since 1999, but its government is low on cash and has been forced to take on an increasing amount of debt, including more than $35 billion in advances from China secured by oil sales. An official of the International Monetary Fund said recently that Venezuela's current economic path was unsustainable.

Maduro, a former bus driver with little formal education, lacks Chavez's political skills and charisma. He and his supporters blame outside pressures, even sabotage, for the problems. The United States is high on their list of culprits. More-conservative economists and politicians say Chavez and Maduro created the mess themselves.

A bus driver is their leader.
But it's still more experience than what our Prez has.

Spared from the new controls are prices of basic foods, which have been set by the government since shortly after Chavez took office in 1999.

Those price controls, on chicken, rice, cooking oil and other items, won favor with the poor but drove many food companies out of business. As a result, the government now must import 70% of all basic foods, said Alejandro Arreaza, an economist with Barclays in New York. Even so, scarcities persist because of inefficiency and corruption.

The controls, combined with the chilling effect of government takeovers of hundreds of companies, farms and ranches, have made Venezuela's economy among the least productive in the hemisphere, said economist Jose Manuel Puente, now a visiting fellow at Oxford University.

And more people think more government control in our economy will help our situation.

On a side note, the black market must be booming in Venezuela.

I bet he gives a great speech, though.

[Chizzang]

A few key points that will NOT get covered by the U.S. Media
1) Venezuela has taken back their banking system from the banking system that run our country
2) They have removed themselves from the OPEC standard where all oil transactions are handled in U.S. funds

These two factors alone are enough to generally cause us to BOMB THEM into freedom
(see Iraq: They did the same thing)

Iraq removed themselves from the same banks that run our government
and Iraq traded oil in their own funds (not U.S. funds)

Curios similarities
The banks that run our country are hell bent on de-stabilizing Venezuela

[CID1990]

A few key points that will NOT get covered by the U.S. Media
1) Venezuela has taken back their banking system from the banking system that run our country
2) They have removed themselves from the OPEC standard where all oil transactions are handled in U.S. funds

These two factors alone are enough to generally cause us to BOMB THEM into freedom
(see Iraq: They did the same thing)

Iraq removed themselves from the same banks that run our government
and Iraq traded oil in their own funds (not U.S. funds)

Curios similarities
The banks that run our country are hell bent on de-stabilizing Venezuela

Somebody call Chizz and tell him Spandos hacked his password

[Ivytalk]

A few key points that will NOT get covered by the U.S. Media
1) Venezuela has taken back their banking system from the banking system that run our country
2) They have removed themselves from the OPEC standard where all oil transactions are handled in U.S. funds

These two factors alone are enough to generally cause us to BOMB THEM into freedom
(see Iraq: They did the same thing)

Iraq removed themselves from the same banks that run our government
and Iraq traded oil in their own funds (not U.S. funds)

Curios similarities

The banks that run our country are hell bent on de-stabilizing Venezuela

Somebody call Chizz and tell him Spandos hacked his password

Chizzy sounds more like Timothy Leary with each passing post.

[Chizzang]

A few key points that will NOT get covered by the U.S. Media
1) Venezuela has taken back their banking system from the banking system that run our country
2) They have removed themselves from the OPEC standard where all oil transactions are handled in U.S. funds

These two factors alone are enough to generally cause us to BOMB THEM into freedom
(see Iraq: They did the same thing)

Iraq removed themselves from the same banks that run our government
and Iraq traded oil in their own funds (not U.S. funds)

Curios similarities
The banks that run our country are hell bent on de-stabilizing Venezuela

Somebody call Chizz and tell him Spandos hacked his password

Right...
I'll wait for you to explain what part of my statement is false

[YoUDeeMan]

Somebody call Chizz and tell him Spandos hacked his password

Right...
I'll wait for you to explain what part of my statement is false

You speak the truth...except you also forgot to mention that left-wing nut jobs are just as selfish and kooky as the right-wing corporate type. They just don't have the same circle of powerful friends to support them.

[Baldy]

Somebody call Chizz and tell him Spandos hacked his password

Right...
I'll wait for you to explain what part of my statement is false

Your statement is nothing but anecdotal evidence.

I did find the statement about US banks destabilizing Venezuela particularly amusing though. Yeah, our banks turned Venny into a basket case

[Chizzang]

Right...
I'll wait for you to explain what part of my statement is false

Your statement is nothing but anecdotal evidence.

I did find the statement about US banks destabilizing Venezuela particularly amusing though. Yeah, our banks turned Venny into a basket case

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

[kalm]

Your statement is nothing but anecdotal evidence.

I did find the statement about US banks destabilizing Venezuela particularly amusing though. Yeah, our banks turned Venny into a basket case

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

Down with QE, the fed, commies, regulation, and the liberal media!

(I for one at least appreciate your efforts Chizzy!)

[Chizzang]

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

Down with QE, the fed, commies, regulation, and the liberal media!

(I for one at least appreciate your efforts Chizzy!)

I push the boundaries a little too far... but it entertains me (a lot)
And it's not the "liberal Media" it's the whole damn thing
(We have a two party media system as well)
The fact that a small handful of companies own virtually ALL of the transfer of information should disturb pretty much every free thinking American

Oh and: My family has been trading in oil (WTI) since right after the Sykes–Picot agreement

[Baldy]

Down with QE, the fed, commies, regulation, and the liberal media!

(I for one at least appreciate your efforts Chizzy!)

I push the boundaries a little too far... but it entertains me (a lot)
And it's not the "liberal Media" it's the whole damn thing
(We have a two party media system as well)
The fact that a small handful of companies own virtually ALL of the transfer of information should disturb pretty much every free thinking American

Oh and: My family has been trading in oil (WTI) since right after the Sykes–Picot agreement

Oh please, Chizz...

The vast majority of the mass media share the same world view as the Chavez regime. Look at their idols and how they have fawned over him for years...Sean Penn...Danny Glover...Oliver Stone...Harry Belafonte...Susan Sarandon...BARACK OBAMA.

If anything, the mass media in the United States has done everyone a disservice by not telling the world what a shithole Venezuela really is.

[HI54UNI]

Your statement is nothing but anecdotal evidence.

I did find the statement about US banks destabilizing Venezuela particularly amusing though. Yeah, our banks turned Venny into a basket case

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

Interesting read for a history lesson. But the conspiracy theory part? All you forgot was your usual rant about the Rothschilds.

[kalm]

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

Interesting read for a history lesson. But the conspiracy theory part? All you forgot was your usual rant about the Rothschilds.

Don't make him whip out some Chomsky or Hedges. The gnashing of conk teeth will be unbearable...

[Pwns]

I understand the admiration for Venezuela when it comes to creating an independent banking system. Good for them.

I'm having a hard time seeing how this is anything other than what it appears to be, though. Venezuela's oil revenues are still very strong, no? And we all know there's basically no chance for a US embargo on Venezuelan oil because that would cause gas prices to make a big jump. Venezuela has borrowed a lot of money in proportion to the size of their economy and that causes inflation...and in turn price controls create fights in stores and/or waiting lists for a lot of common goods. Seems like econ 101 at work to me, not anything suspicious.

[houndawg]

Your statement is nothing but anecdotal evidence.

I did find the statement about US banks destabilizing Venezuela particularly amusing though. Yeah, our banks turned Venny into a basket case

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

Once again Jivytalk, badly, and STDHo left wiping their chins after yet a another bitching by chizz. Just like females who keep coming back for more beatings from their abuser.

/thread

[Baldy]

Our Banks..?
Let me re-explain
The banks that run our financial system are not "ours"
They are Private Central Banks

and I'm no sympathetic Pro-Venezuela knuckle head (frankly I could care less)
But the American Media you love to hate and have seen for yourself is constantly lying
is now somehow telling the truth about Venezuela..?

I'm not saying it isn't a complete train wreck - because it is - but the reasons it is aren't always as we are led to believe / We were trained to hate Chavez by our puppet Media

But the truth of Venezuela will likely never be completely told
and certainly not by U.S. News outlets

There are massive resources at stake in Venezuela (MASSIVE) and the moment Chavez died the global vultures came circling in and those vultures are reliant on The Petro Dollar

History Lesson:
in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
The UN agreed (and officially recognized in 2002)
That Iraq had the right to execute their oil transactions in Euros

By 2003 we were at war with Iraq
And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars



I know none of you guys will actually spend 20 minutes and read this - but - this site covers it well
http://www.rollingalpha.com/category/petrodollar-wars/" onclick="window.open(this.href);return false;

Once again Jivytalk, badly, and STDHo left wiping their chins after yet a another bitching by chizz. Just like females who keep coming back for more beatings from their abuser.

/thread

Spanos, Chizz, and their ever loving pivot man, Jizzdawg. Three peas in a pod. The Black Helicopter brigade. Keeping the world safe from all enemies, foreign, domestic, and the voices in their heads.

[Chizzang]

Spanos, Chizz, and their ever loving pivot man, Jizzdawg. Three peas in a pod. The Black Helicopter brigade. Keeping the world safe from all enemies, foreign, domestic, and the voices in their heads.

How is it that you can just toss me in with Black Hlicopters and Expandos..?

What exactly is NOT a fact in this statement below:

1) in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
2) The UN agreed (and officially recognized in 2002) that Iraq had the right to execute their oil transactions in Euros
3)By 2003 we were at war with Iraq
4) And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars

What have I said there that is not 100% correct
Please let me know / I will gladly retract my observation and correct it

And regarding "our" banks as you call them...
The FED is not ours
It is a collection of Private Banks (agreed?) they are not "ours"

Is this also Black Helicopter stuff..?

[houndawg]

Barky is off his meds again.

[Chizzang]

Barky is off his meds again.

I don't necessarily have a dog in this fight / I don;t work on Wall Street / Or the FED / I'm not Venezualan
I am sincerely interested if I am wrong
I have ZERO interest in repeating bullshit if it is indeed bullshit

SO I am asking him: Please identify the NON-factual stuff

[Baldy]

Spanos, Chizz, and their ever loving pivot man, Jizzdawg. Three peas in a pod. The Black Helicopter brigade. Keeping the world safe from all enemies, foreign, domestic, and the voices in their heads.

How is it that you can just toss me in with Black Hlicopters and Expandos..?

What exactly is NOT a fact in this statement below:

1) in 2000 Iraq extracted itself from the U.S. Petro dollar agreement forged in 1971 by Nixon
2) The UN agreed (and officially recognized in 2002) that Iraq had the right to execute their oil transactions in Euros
3)By 2003 we were at war with Iraq
4) And now (again) all Iraqi oil transactions are back to being executed in U.S. dollars

What have I said there that is not 100% correct
Please let me know / I will gladly retract my observation and correct it

And regarding "our" banks as you call them...
The FED is not ours
It is a collection of Private Banks (agreed?) they are not "ours"

Is this also Black Helicopter stuff..?

I didn't say it wasn't factual, just anecdotal evidence.
Non-scientific observations that don't provide any proof whatsoever that Event A correlates to Event B.
The same type of shit conspiracy nuts use to derive their wackjob "theories".

"Ours" meaning banks in the United States...jeez its an expression. No need to get the vapors over it.


Finally...quit blocking my IP addy on AGS.

[Chizzang]

I didn't say it wasn't factual, just anecdotal evidence.
Non-scientific observations that don't provide any proof whatsoever that Event A correlates to Event B.
The same type of shit conspiracy nuts use to derive their wackjob "theories".

"Ours" meaning banks in the United States...jeez its an expression. No need to get the vapors over it.


Finally...quit blocking my IP addy on AGS.

Fair enough
You kinda take all the fun out of it
I admitted previously in this thread that I "cross the line" for entertainment purposes

Of course you do realize that Libya kicked out "our banks" and stopped transacting Oil in U.S. dollars and within 1 year moammar gadhafi was no longer in power... It's difficult to ascertain who exactly is in charge but here's one thing we do know for 100% certain:

All Oil is now (once again) being transacted in U.S. dollars

I'm just sayin'