Posts in "Hugo Chavez"

By Daniel Surman at 4:41PM

Aug 19, 2011

Hugo Chavez Goes for The Gold

From food to oil, Venezuelan President Hugo Chavez is well known for his obsession with nationalizing industry after industry in his country in the name of "the revolution." Now, he has moved on to gold. From Reuters:

Venezuelan President Hugo Chavez said on Wednesday he will nationalize the gold industry, including extraction and processing, and use its output to boost the country's international reserves.
The move follows a dispute between his government and foreign miners who say the rules limiting the amount of gold that can be exported from the South American nation hurt their efforts to secure financing and create jobs...
The gold industry will be just the latest part of the economy to be put under state control by the socialist leader, who said he would issue the necessary decree in the coming days and called on the military to help control the sector.

At least we can be safe knowing that here in America the government would never go after our gold. Wait, never mind...

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By Peter Anthony Tariche at 5:22PM

Feb 10, 2010

Indeed, the Revolution in Venezuela Will Not Be Televised

On January 26, 2010, Students in Venezuela continued their protest's against the Chavez government. In the city of Mérida two-students were killed during the protest. Here are some photos from the protest.

Venezuelan Students

Venezuelan Students have continued to challenge the Chavez government as their economic and political liberties continue to be absorbed by the Socialist regime.

Chavez Says Military to Control Prices

Martial law anyone?

Venezuela's uber socialist president, Hugo Chavez, has said that the Venezuelan military will control consumer prices. Since the Venezuelan currency has devalued, Chavez said, "I want the national guard in the streets, with the people, to fight speculation." He event went further and called pre-pricing a form of robbery.

Chavez has encouraged citizens to publically renounce businesses which increase their prices and threatened to appropriate businesses that do. The government would transfer the businesses to the workers, Chavez said. He is running for reelection this year.

This is what happens when a president/dictator/elected leader does not understand the fundamentals of the economy (not to mention liberty). Unfortunately, I don't think we are too far behind.

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By Matt Fay at 6:09AM

Apr 20, 2009

Let's Hear It for Obama

Despite his statist economic policies, increasing of federal police powers, and reluctance to take any steps to rein in the American military empire, there are some areas where Obama is doing the right thing. His willingness to open a dialogue with so-called "rogue states" such as Iran and Cuba, as well as his willingness to ease travel restrictions to Cuba, are a breath of fresh air -- particularly after the past eight years. At the recently concluded Summit of the Americas, the president even had a <a href="http://news.yahoo.com/s/afp/20090419/pl_afp/americassummitobamausvenezuela_200904
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