And here in the USA we have our own chavez, Donald Trump. It Is really incredible how an incompetent, corrupt and criminal leader can destroy a country. I can see the potential for something like that happening here with Donald Trump.
Bush already did manage to screw the country with his policies. Imagine how bad it would be under trump.
First of all, Wow! So many downvotes. I dare anybody to say that wha I said is untrue.
My comparison with chavez and trump has more to do with character. Both would say anything to get elected and blame everybody else for their problems. Horrible politicians without any principles.
"Chávez turned the state-owned oil company from being professionally run to being barely run. People who knew what they were doing were replaced with people who were loyal to the regime, and profits came out but new investment didn't go in"
Do a Google search. When Chavez came in he nationalized a number of oil companies. Those companies left the country and took a lot of people with them. When oil prices started to drop, he cut spending on maintenance.
Towards the end of 2002, there was a general strike in Venezuela, where, most importantly, a large percentage of PDVSA's workforce was on strike and oil production basically halted. Chavez went ahead and fired 18,000 people (skilled oil industry workers) after the strike in one fell swoop. Those workers were replaced with workers loyal to the regime. Basically, everyone who opposed the government was fired from PDVSA.
Many of those skilled fired employees found themselves unable to work and left Venezuela to other countries, notably Colombia, which later experience a surge in its oil industry.
Hugo Chávez has been dead for three years, and the Venezuelan parliament is controlled by right wing parties. Obviously economic problems of today are attributable to someone buried three years ago, not the right wing parties who control the parliament today.
It's interesting how Venezuela's economic problems started with Chávez. How did Chávez come to power? If you look at the history of Venezuela from World War II on, you see a lot of economic problems. Chávez was elected because of the economic mess his predecessor presided over.
Chávez died in the spring of 2013. Oil prices began diving in mid-2014. I don't fully blame the right wing parties which control the Venezuelan parliament for their economic problems - they're dealing with a problem all oil-producing countries are dealing with right now. The plunge in oil prices since mid-2014. For how long is the Washington Post and the right wing parties controlling Venezuela's congress going to blame the three year gone Chávez for Venezuela's economic problems?
I don't want to engage in this discussion, because it's opening a can of worms.
I just want to point out that this "right wing party" (which isn't really right wing as the government would have you believe) has been controlling parliament for 24 days. 24 days. The PSUV (or more factually accurate, Chavez and his supporters) have been in power for the last 17 years. You decide who is responsible for this situation.
>For how long is the Washington Post and the right wing parties controlling Venezuela's congress going to blame the three year gone Chávez for Venezuela's economic problems?
Are you really that ill-informed or are you attempting to deceive someone? Up until December 2015, Venezuelan parliament was controlled by a neo-Marxist party. The big-tent which won the December 2015 elections and which currently has the majority in the parliament is overwhelmingly made up of left-wing and centre-left parties with only a handful of centre-right members.
Calling it right wing is horribly disingenous, and so is the insinuation that they're responsible for all the mismanagement that the neo-Marxist government committed.
Apparently, they tried to make bleach cost less than it takes to make it, and after shutting down, the government took over the building and started selling bleach under the Clorox name without permission or license.
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[ 14.9 ms ] story [ 837 ms ] threadBush already did manage to screw the country with his policies. Imagine how bad it would be under trump.
My comparison with chavez and trump has more to do with character. Both would say anything to get elected and blame everybody else for their problems. Horrible politicians without any principles.
"Chávez turned the state-owned oil company from being professionally run to being barely run. People who knew what they were doing were replaced with people who were loyal to the regime, and profits came out but new investment didn't go in"
Many of those skilled fired employees found themselves unable to work and left Venezuela to other countries, notably Colombia, which later experience a surge in its oil industry.
Source: I'm Venezuelan... But here's an article that talks about this: http://www.economist.com/news/americas/21607824-venezuelas-l...
It's interesting how Venezuela's economic problems started with Chávez. How did Chávez come to power? If you look at the history of Venezuela from World War II on, you see a lot of economic problems. Chávez was elected because of the economic mess his predecessor presided over.
Chávez died in the spring of 2013. Oil prices began diving in mid-2014. I don't fully blame the right wing parties which control the Venezuelan parliament for their economic problems - they're dealing with a problem all oil-producing countries are dealing with right now. The plunge in oil prices since mid-2014. For how long is the Washington Post and the right wing parties controlling Venezuela's congress going to blame the three year gone Chávez for Venezuela's economic problems?
What are you on about?
http://www.latimes.com/world/mexico-americas/la-fg-venezuela...
Even so, the executive branch is firmly in control of the Chavistas.
I just want to point out that this "right wing party" (which isn't really right wing as the government would have you believe) has been controlling parliament for 24 days. 24 days. The PSUV (or more factually accurate, Chavez and his supporters) have been in power for the last 17 years. You decide who is responsible for this situation.
Are you really that ill-informed or are you attempting to deceive someone? Up until December 2015, Venezuelan parliament was controlled by a neo-Marxist party. The big-tent which won the December 2015 elections and which currently has the majority in the parliament is overwhelmingly made up of left-wing and centre-left parties with only a handful of centre-right members.
Calling it right wing is horribly disingenous, and so is the insinuation that they're responsible for all the mismanagement that the neo-Marxist government committed.
http://www.bloomberg.com/news/articles/2014-09-22/clorox-pul...
Apparently, they tried to make bleach cost less than it takes to make it, and after shutting down, the government took over the building and started selling bleach under the Clorox name without permission or license.