Saturday, May 17, 2008

CHAVEZ GRABS MORE POWER OVER FALTERING VENEZUELAN ECONOMY

NO SURPRISE HERE; HE'S A FREAKIN' SOCIALIST; THIS IS WHAT THEY DO; NYTIMES:
Faced with shortages of foods, building materials and other staples, President Hugo Chávez is intensifying state control of the Venezuelan economy through a new wave of takeovers of private companies and the creation of government-controlled ventures with allies like Cuba and Iran.

The moves come just months after voters rejected a referendum to give the president sweeping constitutional power over the economy and public institutions, leading to new accusations that Mr. Chávez is more interested in consolidating power than in fixing Venezuela’s problems.

And while he has argued that aggressive action against the private sector is needed to correct social injustices and fight soaring inflation, his critics say his moves are instead compounding those troubles.
MUGABE DID THE SAME STUFF.

OBAMA IS SIMILAR: HE'D RAISE THE CAP GAINS TAX DESPITE THE FACT THAT IT WOULD HURT THE ECONOMY AND REDUCE REVENUES.

LEFTISM IS A ONE NOTE SONG, AND IT'S FLAT.

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