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People who run businesses here say some of the shortages are the result of the price controls that President Hugo Chávez has imposed to combat inflation. "All price controls, after a few years, become perverse for production," said Gustavo Moreno, president of Fedeagro, a federation of farmer associations. "If there isn't a periodic price increase to take inflation into account, controls create more problems than they solve.
Chavez isn't what Venezuela needs. They need a leader who understands basic economics who will focus on diversifying the economy and will enforce laws to protect people's property.
Well,
You should avoid US sources- like The Miami Herald, as they will give all sides- as long as those "sides" represent the views of the multinat/large landowners exclusively.
O Globo out of Brazil is a good source, but you have to read Portuguese.
Most of the English-language papers are like the Miami paper- a good read if you want to know the temperature, but heavily slanted as far as reporting goes.
For example, here's how to Buenos Aires Herald bills itself:
Buenos Aires Herald (Buenos Aires; in English; founded in 1876, The Herald is the paper for the English-language community and international business community).
Chavez isn't what Venezuela needs. They need a leader who understands basic economics who will focus on diversifying the economy and will enforce laws to protect people's property.
Sort of like the leader South America has always had...the Caudillo...the guy who enforces the land owners agenda...who makes the laws and interprets the laws......Yes that's the ticket!
Like Russia, Venezuela is really being damaged by the lower oil prices, which are a key to eroding his long term power:
State oil company PDVSA's roughly 60,000 employees are still being paid. But it has built up billions of dollars in debts with service companies, which have been unable to pay around 5,000 workers across the country for lack of cash. In addition, PDVSA has ended some of its contracts with service companies - leaving some 4,500 workers out of a job. Hardest hit has been the state of Zulia, an opposition stronghold that depends on the oil sector for half of its economic activity and where some 230 oil service companies have gone unpaid for months.
Chavez is the absolute model of a socialist dictator:
Chávez's success in attracting attention -- cozying up to Fidel Castro's Cuba, signing an arms deal with Russia, visiting Iran and incessantly criticizing the United States -- has popularized the notion that Chavismo embodies a new future for Latin America. By preserving some freedoms, including a relatively free press and pseudo-democratic elections, Chávez has developed what some observers call a postmodern dictatorship, neither fully democratic nor fully totalitarian, a left-wing hybrid that enjoys a legitimacy never reached in Castro's Cuba or in the Soviet Union.
His entire philosophy can be summed up in others making the investments and providing the industrial infrastructure, and then "I'll take it from here" after all of the heavy lifting is done. Fortunately, his complete lack of foresight inhibits him from growing the economy after tossing out the smart and industrious leaders.
Socialist dictators don't win reelection and referendums designed to extend his term in office...................try again.
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