Tag: Hugo Chávez

The Bolivarian nightmare

Thursday, 24 January, 2019

Venezuela is one of the richest countries in South America, but thanks to the criminal regimes of Hugo Chavez and Nicolas Maduro it is now in economic, social and political ruin. The basics — food, water, healthcare — are either unaffordable because of hyperinflation or controlled by the thugs disguised as the nation’s security forces. Chavez and Maduro declared that their goal was to redistribute the nation’s oil wealth to help the poorest Venezuelans but their senseless and wicked policies have resulted in the impoverishment of millions. Shop shelves are bare, children are suffering from malnutrition and people are fleeing the country in droves. This tableaux of horrors does not represent an aberration of socialism, however. Rather, is the inevitable result of socialism.

The only hope now for Venezuela is Juan Guaidó, the opposition leader recognized by Washington as the nation’s interim president. He can end the Bolivarian nightmare and help his land recover from the trauma it has endured since 1998.

Juan Guaidó


Peak oil has peaked

Tuesday, 23 July, 2013 0 Comments

For those ideologues camouflaged as journalists, Edward Snowden is the new global warming and the reincarnation of Hugo Chavez all rolled into one. When the old chestnuts of the left begin to lose their credibility, along comes the latest scam artist and the likes of Der Spiegel and The Guardian would have us believe that he’s a hero, not a traitor.

In time, Snowden will join the lots of other tropes in the dustbin of history. The latest addition is what was termed “peak oil”, which was supposed to be the point in time when the maximum rate of petroleum extraction would be reached, after which the rate of production would enter terminal decline. But now comes the news that The Oil Drum, a site created by believers in “peak oil,” is shutting down on 31 July after an eight-year innings. With daily news of record-breaking US oil production, it was, clearly, impossible to maintain the fiction that the world’s oil production was peaking.

Drill, baby, drill!

The dustbin of history is very commodious.


Hugo Chávez left a legacy of ruin and hatred

Wednesday, 6 March, 2013 2 Comments

The Venezuelan despot, Hugo Chávez, spent much of his time stoking class hatred and abusing his control of the judiciary to persecute and jail his political opponents. He seized millions of hectares of farmland and hundreds of businesses, with little or no compensation. The result was that Venezuela became an even more oil-dependent economy, which instead of the “endogenous development” promised by the so-called Bolivarian Revolution, increasingly relied on imports of the most basic foodstuffs that were once produced domestically. Meanwhile, Chávez, his clan and his corrupt cronies, the Boligarchs, amassed huge fortunes. Without a hint of irony in his tribute, President Michael D Higgins of Ireland said: “President Chavez achieved a great deal during his term in office, particularly in the area of social development and poverty reduction.” Oliver Stone and Sean Penn were said to be equally grief stricken.

Hugo Chávez lavished praise and aid on ideological allies such as Bashar al-Assad, Robert Mugabe and Muammar Gaddafi. The dead despot’s generosity was worth billions each year to the Castro tyranny in Cuba and was vital in helping its economy recover from the depression that followed the collapse of its last patron, the Soviet Union. Subsidies to the autocratic government of Daniel Ortega are estimated to be worth around eight percent of Nicaragua’s GDP. The best obituary for the man’s wretched misrule is provided by Bloomberg: “Chavez the Popular Autocrat Leaves a Legacy of Ruin.”