Venezuela --so much potential sadly all hope in the near future seems lost

isn’t Morales the guy trying to change the constitution so he can be president for life?

I think that is in the socialist constitution.

@soccerguy315 Not exactly president for life but to be allowed to run for a 4th term. It was defeated by a slim margin. The guy is not perfect but when you look at where Bolivia was and where it is now, it is an impressive change for the better.

http://www.economist.com/news/americas/21693528-another-setback-hard-left-and-new-political-cycle-last-bolivarian

I’m a cynic. I think most leftist political leaders have zero real intention of uplifting the unwashed masses. Better to maintain your constituency ignorant and buy them off cheaply with a bag of rice or a pledge of a new road right before election time.

Works in every country…

Read up on your Bolivian history, @GMTplus7, and you’ll likely realize that although Evo has his flaws he is much more for the people than any other president in the country’s long history of corrupt and pathetic presidents. The same can be said for many other Latin American countries where the rulers were tyrannical and definitely NOT leftist and often supported, sadly, by the US government. Pinochet, Banzer, Trujillo, Somoza, Batista, Noriega…

You’re so right. It’s silly to help hungry people eat, when it’s so much more efficient to just blame all those people while you keep the minimum wage low and give millionaires huge tax breaks.

After all, the “unwashed masses” of parents who work hard to feed their families are just mooching, right?

At least, that’s what I tell our D when she realized she pays $thousands more in taxes than a multi-millionaire paid in 1981.

http://cepr.net/blogs/the-americas-blog/bolivias-economy-under-evo-in-10-graphs

There simply aren’t enough millionaire votes. You need the multitude of poor votes.

The Roman emperors knew what they were doing: bread and circuses

Well, we have candidates here in the US that sure have the circus part down.

And a certain socialist candidate expects to use Jesus’ loaves trick to fed the masses, only with the top 1% or whatever’s wealth.

Ah, the virtuous and productive 1%. Some are, some aren’t. But the fact is that there is something downright unhealthy about our current business model where companies, in cost-cutting measures, fire whole of good solid workers who do their jobs; at the same time they either 1) give huge bonuses to the CEO who slashed other those jobs; or 2) fire the failed CEO but give that ex CEO millions upon millions of dollars as a golden parachute.

“Venezuela --so much potential sadly all hope in the near future seems lost” - I do not understand this statement. The result of the regime was very predictable, just look back inot history…which is sadly NOT taught in schools. This type of regime has never ever been successful. I would not consider it to be a very deep analysis, pretty much on the surface cause - effect situation. History is not just a collection of dates and names, it should teach us, human beings what are consequences of certain events, I guess this point has been lost and the price of loosing it is unforgiving…

Re #50 There are not a lot of “golden parachute” CEO gigs. If you can find one and will do it without a bonus or parachute, I’m sure the fired workers will feel much better. Let me know if you find two, I’ll take the other one and will do it for half the bonus and ‘chute. I expect businesses will be flocking to our revelation.
In my view this is unseemly but misses the problem. Why are companies having to cut expenses to make a profit? Could it be a sluggish economy, strong dollar, increased domestic and foreign competition, federal, state and local red tape, high taxes?
Why focus on the difficult when we can point to ~20 easy cases of “unfairness” to “solve” the problem?

miami dap you misunderstood me .

Maduro evidently has more free time than one would expect.
http://www.mcclatchydc.com/news/politics-government/election/article81157892.html

http://latino.foxnews.com/latino/news/2016/07/06/500-venezuelan-women-storm-bridge-cross-into-colombia-to-shop-for-goods/?intcmp=obinsite

http://money.cnn.com/2016/07/29/news/economy/venezuela-decree-farm-labor/

^^ forced farm labor?

Didn’t the Khmer Rouge also supply its agrarian cult with forced farm labor? It ended very badly with mass starvation and cannibalism.

http://www.npr.org/sections/parallels/2016/07/29/487898550/for-venezuelas-millionaire-contestants-winnings-amount-to-a-few-bucks

“But this turns out to be a poor man’s version of the game. The problem is Venezuela’s currency. The bolivar has collapsed amid a severe economic crisis. Now, the grand prize of 2 million bolivars amounts to just $2,000.”

I wonder if and when the people who supported the last 16 years of tyranny because they were promised free stuff will finally have an uprising. if forced labor does not wake up the masses than I am not sure what will? I figured massive food shortages,crime and corruption on a level movies are made about ,no electricity for vast periods and no medical care would do it…but I have been wrong thus far.