military fascism, circus and, now, "jokes".The Venezuelan law did not allow the government to use national resources as collateral for a loan. This type of mortgage was specifically forbidden. The Chavez dominated National Assembly has changed this in minutes. They passed a modification to the law which allows Chavez to do just that. This swift modification was required by Chavez in order to obtain a $4.3 billion loan from Brazil, using the Orinoco heavy oil reserves as collateral.
This high-handed behavior has become a characteristic of Chavez’s ruling style. He has abandoned all pretenses of what he proudly called “participatory democracy”. He interprets this type of democracy as deciding what he wants to do and only then letting Venezuelans know what he has already decided.
Venezuelan financial expert Miguel Octavio, writing in his superb blog, The Devil’s Excrement, adds that this money will be used to “finance projects by, and paid debts to, Brazilian companies". The first beneficiary will be Odebrecht, a Brazilian company close to Lula, currently building sections of the Venezuelan Metro system.
Octavio comments that the Brazilians are also getting an added bonus. They have been promised that their companies will not be taken over by the Chavez government. Octavio calls this “a mafia deal”, since you get money in exchange for protection.
Chavez regime is not only looking like a mafia. It is also conducting a gigantic Ponzi scheme, as it desperately gets fresh money from A to pay B or, sometimes, even A itself, as in this case.
One party which is not amused by this exhibition of financial and political ineptitude is Argentina. The Kirchners have been on Chavez’s payroll for some time now, including illegal deliveries of bags containing close to one million dollar, one of which was intercepted by Argentine customs officers. Four Argentinean companies have been recently taken over by Chavez and the Kirchners have been fuming. Now, they find that there is no equal treatment for Lula’s companies, that they have been promised immunity fron takovers. The Venezuelan foreign ministry, led by a former bus driver, rapidly "applied the brakes" and issued an official letter to Argentina, claiming that Chavez had been “joking” when he said that to Lula.
Should “jokes” become a new form of foreign policy in Venezuela?
This high-handed behavior has become a characteristic of Chavez’s ruling style. He has abandoned all pretenses of what he proudly called “participatory democracy”. He interprets this type of democracy as deciding what he wants to do and only then letting Venezuelans know what he has already decided.
Venezuelan financial expert Miguel Octavio, writing in his superb blog, The Devil’s Excrement, adds that this money will be used to “finance projects by, and paid debts to, Brazilian companies". The first beneficiary will be Odebrecht, a Brazilian company close to Lula, currently building sections of the Venezuelan Metro system.
Octavio comments that the Brazilians are also getting an added bonus. They have been promised that their companies will not be taken over by the Chavez government. Octavio calls this “a mafia deal”, since you get money in exchange for protection.
Chavez regime is not only looking like a mafia. It is also conducting a gigantic Ponzi scheme, as it desperately gets fresh money from A to pay B or, sometimes, even A itself, as in this case.
One party which is not amused by this exhibition of financial and political ineptitude is Argentina. The Kirchners have been on Chavez’s payroll for some time now, including illegal deliveries of bags containing close to one million dollar, one of which was intercepted by Argentine customs officers. Four Argentinean companies have been recently taken over by Chavez and the Kirchners have been fuming. Now, they find that there is no equal treatment for Lula’s companies, that they have been promised immunity fron takovers. The Venezuelan foreign ministry, led by a former bus driver, rapidly "applied the brakes" and issued an official letter to Argentina, claiming that Chavez had been “joking” when he said that to Lula.
Should “jokes” become a new form of foreign policy in Venezuela?
Why not? The whole government is a joke.
However, beyond the “jokes”, Chavez’s mafia tactics continue to be at work.
2 comentarios:
True, Chavez is a joker, just like in Batman, a sinister joker.
Charly
Ηi theге, eѵery tіme
i uѕed to chесk blog postѕ herе in thе еaгlу hours in the dawn, beсause i love to learn more and
more.
Visіt my ωeb pagе http://www.paydayloansonlinet3.Com/
Also see my web page > Payday Loans
Publicar un comentario