Oil powerhouse Venezuela struggles to keep lights on

If you wonder how fast Marxist Socialism can deteriorate a country, here is a prime example:

Oil powerhouse Venezuela struggles to keep lights on

By Brian Ellsworth Brian Ellsworth – Wed Oct 22, 11:49 pm ET
A boy walks on the street in front of a power station in Caracas October 22, Reuters – …

SAN FELIX, Venezuela (Reuters) – Despite having some of the world’s largest energy reserves, Venezuela is increasingly struggling to maintain basic electrical service, a growing challenge for leftist President Hugo Chavez.

The OPEC nation has suffered three nationwide blackouts this year, and chronic power shortages have sparked protests from the western Andean highlands to San Felix, a city of mostly poor industrial workers in the sweltering south.

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Can we say CUBA and the Old USSR?

Chavez last year fired up his supporters with a wave of state takeovers including the nationalization of electricity operations, among them Electricidad de Caracas, which was majority owned by U.S.-based AES Corp.
But his supporters now seem more concerned about deteriorating service than the state ownership.
Chronic power problems take the strongest toll in barrios like those of San Felix – still bastions of Chavez support – where power surges routinely burn out home appliances. “Our refrigerators have burned out so we can’t shop for the week, we can only shop for one day at a time,” said Nestor Pacheco, 39. “The situation is serious.”

Those harmed most are the ones that thought they would get more free stuff with the rich paying for it.:shrug:

Ah, yes, the redistribution of wealth. How well it’s worked here!

Though, I do have to admit a period where I was a social-liberal (translate: extreme left winger) myself, and thought Chavez would be a shining beacon of hope to the hemisphere. :blush:

Can anyone say trickle up poverty!

It’s the classic old saw: “If you aren’t a liberal when you are young, you’ve got no heart. If you aren’t a conservative by the time you are old, you’ve got no brain!”

True often enough to be funny. I’m right there with you.




Winston Churchill-God bless him.

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