Burn, Venezuela, Burn!!!

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Venezuela is a cesspool that finally is getting rid of the incompetent and corrupt leftist morons that have made it into one of the worst countries on the planet regarding crime, murder, poverty, and numerous other ills. While that stupid beaner asshole Hugo Chavez and his idiotic successors chanted “Vivi la Revolucion” and various anti-American slogans while flipping a giant bird to the West in general, the Venezuelan people have been made to increasingly suffer and suffer. Of course, rather than blame their own staggering corruption, incompetence, and stupidity, they blame “Yanqui economic aggression”. What else is new?


This piece, which I read in StinkedIn, I mean, LinkedIn a couple of years ago, gives some good background into why Venezuela is in such a sad and sorry state:




With all of that fucking oil, you’d think they’d be the opposite, kind of like the Switzerland of Latin America.


Although I am ADAMANTLY OPPOSED to using any sort of military force in that fucking overgrown banana republic, I also don’t think that the U.S. is going to simply sit on its hands and let Russia and/or China do the plundering, which they certainly are trying to do. Henry Kissinger once said that “Chile was a dagger pointed at the heart of Antarctica”, but he also said about that same country something like, “We shouldn’t let a country go communist because its people are irresponsible.” Whenever human tragedies unfold on a large scale, we all should simply stand by and watch, right? Burn, Venezuala, burn!!!



Bill Kamps Added Feb 1, 2019 - 1:54pm
I also don’t think that the U.S. is going to simply sit on its hands and let Russia and/or China do the plundering, which they certainly are trying to do.
There are great limits to what China and Russia can do there. 
A few years ago China loaned Venez a bunch of money in return for oil rights  in the ground.  Most of the us in the business laughed.  Unfortunately for China, the oil is heavy oil, and without technology from Exxon, Chevron, or someone similar, it cant be profitably extracted from the ground.  Meanwhile Venez pissed away the money China loaned it, and will never be repaid.
Russia has been someone opportunistic, sending a couple of bombers to make Maduro feel better.  Russia has no logistical ability to make a difference in Venez, and the bombers are just symbolic since  they dont help Maduro calm his people.  
Of course, rather than blame their own staggering corruption, incompetence, and stupidity, they blame “Yanqui economic aggression”. What else is new?
The people in Venez dont blame the USA, that is Maduro who blames the USA.  Unfortunately for the people of Venez, they dont have a 2nd Amendment, so they dont  have any guns, only the government has guns.  Therefore the people have little ability to change things there.  
Unrepentant Added Feb 1, 2019 - 2:06pm
@ Bill K. - Bill, thanks for your usual astute comments. Agreed, outside of a few token shows of "force", Russia and China can't to shit. It's really a huge tragedy, as Venezuela is such a well-endowed land in so many ways; it's wealth could be better spent improving the lives of its citizens and neighbors. I truly hope it solves its problems in a more-or-less peaceful way.
Bill Kamps Added Feb 1, 2019 - 2:19pm
The recent events there seem to have shaken Maduro more than I expected.  Of course I dont think either Russia or China intends to "loan" him enough money to feed the people.  That is a bottomless pit that will suck up more money than they have.  He is incompetent even by socialist standards, at least in Cuba, people were able to eat, and the hospitals had medicine. 
As more companies and countries withdraw credit it is going to get more difficult for Maduro to keep the  status quo going, sooner or later he will look for a personal way out, and someone will offer him and his family a jet ride to exile.   Presumably he has read the playbook written by other dictators and stashed enough money away so that leaving starts to look more attractive than staying.  Otherwise yes it could become more violent.
Leroy Added Feb 1, 2019 - 2:21pm
Excellent article, Michael, and great comments by Bill.
I'm not up for fighting someone else's war.  If there is a resistance more amenable to the US, I say arm them and see what they can do.
I don't know enough to comment on China.  I suppose it can be bought out or we can say, "Have at it."
Vivi la Revolucion Redux!
Unrepentant Added Feb 1, 2019 - 2:33pm
@ Bill K. - Yeah, I bet he's making some travel arrangements, lol. From the article I provided a link to:

"Such is the result of corruption followed by the imposition of broken economic models followed by yet more corruption. At some point, as Margaret Thatcher famously predicted of all socialist regimes, Venezuela would simply run out of other people’s money to spend, which appears to be the case today."
Dino Manalis Added Feb 1, 2019 - 2:35pm
 That's why Maduro has to leave soon to stop the suffering and allow Venezuelans to restore democracy and prosperity!
Unrepentant Added Feb 1, 2019 - 2:39pm
@ Leroy - It's obviously a huge mess there, but with so much potential wealth at stake, I wouldn't rule anything out. Many people seem to be completely unaware of the fact that Venezuela has more oil than Saudi Arabia. Imagine if North Korea had oil, lol. In any case, it is a horrible human tragedy that seems to have no end. GO SOCIALISM!!!!
Mustafa Kemal Added Feb 1, 2019 - 2:48pm
Jolly, one of the reasons socialist revolutions occur is a reaction to the dictatorships imposed by CIA and other US activists. Much of the history of South America is US history.
The price of oil has dropped  by 50%. I suppose any economy would suffer if its essential single income source was reduced in half. I know I would.
And lets not forget that they are not trading their oil in $ anymore. 
Look at the history of places which reject the $. Lets also not forget the size of their oil reserves. Ooooooh yummy, we never made regime change for oil before!
To me, the question is not whether we should do anything about what is going on down there,
but when are we going to stop. 
Bill Kamps Added Feb 1, 2019 - 2:51pm
A couple of possibilities.
One thing could force Maduro's hand is a strike.  Just as the TSA and air traffic control not going to work forced Trump's  hand, if the oil industry goes on general strike, then Maduro is done.  People who cant buy food or medicine may decide it isnt worth going to work.   You cant force people to work at gun point, though he may try.
The other possibility is the military losing confidence.  Right now they are taken care of, and have access to hard currency.  However, if they see the  hand writing on the wall, then they will switch sides, and once they do it is over.  It can happen literally overnight.  At that point Maduro had better have his plane gassed up.
If Maduro had managed things better, he probably could have hung  on, but he is not as smart as Chavez, or Castro.  People have to eat, even if they dont get a lot of choice over what the food is. 
Unrepentant Added Feb 1, 2019 - 2:58pm
@ Mustafa - Sad but true. We had a habit of befriending anyone, indeed, any THING that was anti-communist, and these days, "anti-terrorist".
Unrepentant Added Feb 1, 2019 - 3:02pm
@ Bill K. - I'm not sure exactly how powerful the Venezuelan military is. Are they a sort of a Praetorian Guard who decides who they should be paid to "guard", or is it an apolitical force that has the interests of the people at heart? I guess we'll see.
FacePalm Added Feb 1, 2019 - 3:27pm
As best i can tell, Venezuela is just another in the long history of failed socialist experiments; centralized control never works, because it removes the initiative to experiment and take risks in the hope of getting ahead, thriving instead of merely surviving, prospering instead of not starving.
It was my understanding that Venezuelans were fooled into giving up their weaponry, just like in Cuba - so as usual in socialist countries, the People are substantially unable to resist those who have guns.  Like Clint said in the Good, the Bad, and the Ugly, "There's those as has guns, and there's those as dig.  Dig."
Or as Mao put it, more bluntly, "politics begins at the point of a gun."  It's much easier when your opponent has no gun.
As to "what China can do"?  Right now, they're apparently busy beavers installing surveillance cams and the same software they're using to control their OWN populations, complete with the consequences for the "negative social credit score," which seems to be the model that the NWO/OWG cretins so desperately want for the entire planet.  Warms my heart to see the French destroying them at every opportunity.  Maybe we'll see something similar here, at some point.
It is certainly my hope that the Venezuelans get to have a government which is less hands-on, less intrusive, and more amenable to private enterprise - perhaps even based on what Bolsonaro is doing in Brazil, who has recently implemented a 2nd Amendment based on the one in our Bill of Rights, which should help ordinary civilians defend themselves against the rampant crime, there.  As it stands now, Maduro would NEVER grant ordinary pissed-off Citizens the power to take on and defeat his army - much less to assassinate HIM.
But as was noted previously, he has likely planned his escape long ago.  i had also read that after the death of Chavez, the richest person in Venezuela was Chavez' daughter.  Hey, if you're going to be corrupt, you may as well do some good estate planning, eh?
Bill Kamps Added Feb 1, 2019 - 3:28pm
Well like most regimes of this kind, the military is loyal because the government gives them extra perqs.  The military and government people have access to hard currency, and to goods and food the general population  cannot buy.  It is a loyalty that is paid for, not one of conviction.  The military have their own interest at heart.  If it looks like their gravy train is about to end, if it looks like they will have to do some heavy lifting to keep Maduro in power, and if the new guy promises to line their wallets like the old guy, then things can move pretty quickly. 
This is a big part of why the US and other countries have pledged money to the opposition.  They then will have the means to quickly pay off the generals, and credit to put some food on the shelves. 
Lets not kid ourselves that Gaido wont be corrupt, he will of course be corrupt in the usual Latin American sense of the word.  However, if he can put food on the shelves, and get people working he will be seen as a hero.  The problem in Venez is not the corruption, or even socialism itself,  it is the incompetence.  Castro, Chavez, and the Soviets were able to feed their people, even with all their economic problems.  There is socialism, and then there is incompetent socialism.  The people there are literally starving to death, most having lost significant weight.
Jim Stoner Added Feb 1, 2019 - 3:30pm
Yeah, fine.  Get rid of Maduro by peaceful means, protect Gaido from assassination, DO NOT bring Yanqui troops into Venezuela, and trust no one who says that by doing this we get their oil. 
Unrepentant Added Feb 1, 2019 - 3:35pm
@ Bill K. - Yes, that's something also often overlooked, in that despots and juntas rule by largesse almost as often as they do by terror.
Agreed, it's the egregious incompetence and stupidity that makes this situation stand out; my years of experience dealing with Hispanics tells me they aren't the brightest bulbs on the tree...far from them actually, lol. Still, the Venezuelan people deserve much, much better.
John Minehan Added Feb 1, 2019 - 4:53pm
Gaido, even with our help (maybe especially with our help), is going no where.  Maduro will stay in charge until the end of his term and will have a large part in deciding what will come next.
Gaido is a nobody, whom no one takes seriously, a bad sign in that part of the world.  
Bill Kamps Added Feb 1, 2019 - 4:57pm
John,  that is the most likely case.  I was surprised that Maduro seemed to have gotten a little nervous recently.  But  yes Gaido doesnt seem to be a serious player and it seems like other countries were a bit quick to recognize him before he got much creds on the  ground there. 
John Minehan Added Feb 1, 2019 - 7:38pm
An old Special Forces guy, COL (R) Pat Lang, says give this a wide berth if you want it to work out. 
Seems like good advice. 
Leroy Added Feb 1, 2019 - 8:15pm
"But as was noted previously, he has likely planned his escape long ago."
It likely included the Russians and that plan is safe as long as he holds the gold.  If the Russians spirit him away, it will be with a plane full of gold.
"An old Special Forces guy, target="_blank">COL (R) Pat Lang, says give this a wide berth if you want it to work out."
I agree with that.  I don't want the US government too involved.  If there is a valid resistance, then feed it; otherwise, stay away.
Surfing Another Apocalypse Added Feb 1, 2019 - 9:44pm
Venezuela’s president Nicolas Maduro sure is a pathetic dictator. In a proper dictatorship, the opposition leader Juan Guaido, instead of calmly giving speeches on TV would already have been kidnapped and cut up into little pieces or rotting in jail. I’ll tell you, they just don’t make dictatorships like they used to. 
And hey, since the USA recognizes Guaidó instead of Maduro as President of Venezuela then maybe the USA should recognize Pelosi instead of Trump as President of the USA. What’s good for the goose is good for the gander.
I highly recommend Ron Paul's take on Venezuela (Ron Paul Liberty Report, youtube).
Jeffry Gilbert Added Feb 2, 2019 - 2:47am
Elliott Abrams. 
That's all you need to know about DUHmerican plans for Venezuela. 
Logical Man Added Feb 2, 2019 - 11:57am
“As a matter of fact, of the 92 elections that we’ve monitored, I would say the election process in Venezuela is the best in the world.”
-Jimmy Carter
Mustafa Kemal Added Feb 2, 2019 - 6:55pm
Logical Man, do you recall how Carter ranked the US then?
Gerrilea Added Feb 3, 2019 - 8:31am
Surfing A A---

I love they idea that the world should recognize Pelosi as they New leader of they free world!
Leftist here should petition they UN, they've already got the signs made up..."He's Not My President."
Where's the Soro's protesters on demand when you actually need them!!!
Logical Man Added Feb 3, 2019 - 10:01am
Courtesy of ChetDude on another thread, 'When asked about monitoring USAmerica elections the Carter Center replied that they were too undemocratic and corrupt to monitor effectively...and declined to even try.'
Logical Man Added Feb 3, 2019 - 3:28pm
Problem with Brazil is the new head honcho who will do whatever US wants him to do. Destroy the Amazon? No problem. Punish anyone who doesn't toe the party line? No problem. Ignore human rights? No problem. No wonder the US government likes the guy.
Back to Venezuela, the Guaido guy looks to be the perfect US puppet. Even has a strong resemblance to a US president that also showed up out of nowhere!
Jeffry Gilbert Added Feb 3, 2019 - 9:02pm
Venezuela can damage America's oil industry as well as control world crude prices by doing what Saudi Arabis often does. 
It's DUHmerican fracking that has reduced by half the price Venezuela can get for its heavy dirty oil. 
Simple stuff. Not surprising DUHmericans don't know that what with the complete control of the information they're allowed. 
Surfing Another Apocalypse Added Feb 3, 2019 - 9:36pm
Venezuela has teamed up foremost with China, Russia, Turkey and Iran in oil and gold in exchange for any and everything all these allies can not sell on world market due to USA embargos. And they are doing it without the Dollar. If the USA does not take control of Venezuela one way or another we are looking at an imminent Dollar crash.  Furthermore, all these countries are repatriating gold and increasing gold reserves in preparation for the Dollar collapse and a return to a real money monetary system.  Fasten seatbelts and enjoy the ride. The best part of course is the freefall from the top at the beginning.
Jeffry Gilbert Added Feb 3, 2019 - 10:57pm
You may want to read duh this:
You may want to concentrate a bit more on your reading comprehension and a lot less on the rah rah rah sis boom bah go team go we're number one USA USA USA BLAH Blah blah. 
Jeffry Gilbert Added Feb 3, 2019 - 11:01pm
If the USA does not take control of Venezuela one way or another 
There's that DUHmerican illness rearing it's ugly head yet again. 
Unrepentant Added Feb 4, 2019 - 2:21pm
Ooogala Boogala, you stupid fucking dot cocksucker, whenever I see your stupid, ugly monkey chattering on my posts, you know what's going to happen next, you grimy, slimy, monkey-ass baboon-like asslicking cum stain.
Logical Man Added Feb 4, 2019 - 6:51pm
Maybe those people you call failures are exactly the opposite, as many of those you appear to despise can be happy without having too much 'stuff'. They usually become less happy when the US gets involved by supporting criminal dictators for profit. Obvious dictators, such as the Shah of Iran and his friendly Savak are ignored, as they are willing to play ball. A guy who might potentially try to do good for the people he governs becomes a dictator if he doesn't play ball. The oil connection is writ large in both Iran and Venezuela.
God must have been having a bad day when he put all that American oil under the wrong countries.
The world is being fucked up - please don't try to argue it is not - by humans' desire for bling. The corrupt banking system relies on convincing people it is worth going into debt so guys can get into surrogate dick measuring contests via their cars, McMansions and all kinds of crap.
I work quite close to a Porsche dealership and cycle there and back, about 10km each way - put my car in storage 8 years ago. One of the guys at the dealership used to live quite close to me and I used to regularly be home before him under my own power.
If it ever came down to getting about without gasoline the fat lazy fuck wouldn't make it to the end of the street, while I could be 25 miles away, even riding cross-country. He has a fancy car, I have a much fancier physique!
By the way, the US doesn't do rescues, it does invasions and they are always far from philanthropic. US corporations were working with Hitler while GIs were fighting the bugger. There's a big clue in there as to how the world works.
Surfing Another Apocalypse Added Feb 4, 2019 - 7:23pm
Dear Jolly Roger, Vulgarity, I'm sure your mother taught you, is not at all an effective form of communication. At least you are a sincere war monger which is nice for a change.
Logical Man Added Feb 4, 2019 - 7:41pm
When the West and America go in to rescue populations under duress the people we go to help rarely rise to join us nor do they soon demand to take over the fight and finish it even when we give them circumstances of a fair chance.
They weren't fighting until US got involved, mostly. The US  usually gets involved in subtle ways way before physically fucking places over so as to, surprise surprise, divide and conquer the population by financial means before using the resultant unrest as an excuse to free the shit out of the place. That's the root of the duress you refer to.
They don't join 'you' because they don't want you there and hate the self-righteous bully that is US
On your last point, US never gives its victims a fair chance.
Other than that, you may be on to something.
The fat fuck I referred to was a particular, un named, individual.
As for me, been cycling for 60 too.
In 1971 did 1000 miles in 8 days
My one day record is 135 miles
I'd still good for 40 miles on the road but on a mountain bike and a good distance on trails, depending on conditions/particular trail.
I think I qualify as a cyclist
Bill Kamps Added Feb 5, 2019 - 6:09am
And they are doing it without the Dollar. If the USA does not take control of Venezuela one way or another we are looking at an imminent Dollar crash. 
Venezuela has a GDP half that of Harris county Texas.  Difficult to believe that anything that happens there could cause the dollar to collapse.
China has some $3 trillion in US debt, so devaluing this debt would seem unwise for them at this time.  While yes, they could diversify this into gold, or other currencies, that really  isnt in their interest either.  While in the long run gold may be more stable, in the short run, like 5-10 years the dollar is more stable.  Gold can fluctuate in value 10-20% in a single year, while  the dollar rarely changes more than 2% in a year.  There also isnt enough gold in the world for China to buy $3 trillion in gold.  If they attempted it, the price would skyrocket making it unwise to buy  up  all that gold. 
The reason that China has their money in dollars, is that it is the most stable place to put their money.  It isnt a political statement.
These countries can diversify away from the dollar, but if they want to trade with the rest of the world including the USA, for now they will need to do it with Euros or with the Dollar.  If they want to trade among themselves with the Yuan great but China will quickly find  that the economies of Russia, Venez, Iran, arent all that  large and dont buy that much stuff from China.  US trade with China, is larger than the Russian GDP. 
This is not to say that the Dollar will forever be the world currency, just that whatever happens in Venez, is not going to spell the doom of the dollar. 
Bill Kamps Added Feb 5, 2019 - 11:07am
So why is China selling US treasuries like never before?
Because they have a lot of them and it is prudent to diversify.  They also are using this money on infrastructure, and to finance local businesses.  China holds about $1.6 trillion of the $24 trillion treasuries outstanding, or about 5%.  It is not like they hold 25%. 
They were all set up to bypass the dollar and SWIFT. Do you think they have any effect on the dollar's global role?
I am NOT saying these countries arent wanting to move away from the dollar.  I am saying that their impact wont be that large, because the amount they trade among themselves is small. 
US trade with China is $700 billion.  Russian trade with China is $30 billion. 
US trade with China is larger than Russian GDP. 
If China and Russia trade together, why SHOULD they use the dollar as an intermediary currency?   Right now the answer is, that it is convenient.  But if they set up other trading mechanisms then it makes sense they trade between themselves in something else.
However, if China then wants to take its Yuan and trade with Europe, or the US,  they either have to use dollars or euros.  Trade with Europe and the US dwarfs their trade with these other trading partners.
We will know if world wide demand for treasuries decline, because interest rates will start to go up significantly.  Right now, they are not doing that. 
Michael B Bagala Added Feb 5, 2019 - 7:05pm
Look at it this way. In 1946 the Brettonwood meeting proclaimed the dollar's new role
In 2018 there are many organizations formed to bypass and dump the dollar.  In total the rise and fall of the dollar is taking place in less than 100 years or 62 to date.
Jeffry Gilbert Added Feb 6, 2019 - 8:49am
America does not need Venezuelan oil.
Then why has DUHmerica been doing everything it can to destroy and control Venezuela? 
Pro hint: Its not for the buxom women that place produces. 
Jeffry Gilbert Added Feb 6, 2019 - 8:51am
In 1946 the Brettonwood meeting proclaimed the dollar's new role
Brettonwood was replaced by the petrodollar when Nixon took DUHmerica off the gold standard. 
Bill Kamps Added Feb 6, 2019 - 9:23am
Michael, while I agree with your reply to me, nothing you said describes why the dollar will collapse if we dont take control of Venezuela. 
In 1946 the Brettonwood meeting proclaimed the dollar's new role
Sort of true.  However, if it werent in many country's interest to use the dollar as a means of exchange, it wouldnt be used.  The US has set up a stable currency and banking system that many nations benefit from.  Without a few currencies(like the dollar and euro) that the world trades in, countries would be forced to have on hand currencies in every country they trade with so they could do their deals.  Who wants to keep on hand the Norwegian Kroner and the Sweedish Kroner for those deals, and the Mexican Peso for those deals, and figure out how much of each currency to keep around.  It would be a mess.  Centuries ago it was the UK Pound, and now it is the Dollar and the  Euro that are the exchange currencies.  It makes sense that there is a trading currency, to make things easier.
Yes of course the US has used some rather heavy handed means to help enforce this, and it also uses access to this financial convenience when it wants to sanction some country. Of course the US use of power is often clumsy and ineffectual. 
But in the end, if it wasnt generally convenient, the countries of the world would trade another way.
Unrepentant Added Feb 6, 2019 - 3:08pm
@ Surfing AA - Why are surfers ALWAYS assholes?
Jeffry Gilbert Added Feb 8, 2019 - 5:20am
However, if it werent in many country's interest to use the dollar as a means of exchange, it wouldnt be used.  
No. They use it because DUHmerica threatens the entire planet with their willingness to use their military if they don't. 
Katharine Otto Added Feb 11, 2019 - 10:55pm
I'm interested in what's happening in Venezuela, but doubt we're getting the full story.  Lots of good comments on this thread, and I tend to fall in with those who suspect this will give countries like Russia and China leverage against the US dollar.  There are so many countries that hate us (for good reason) that they will need little excuse to use currency other than the dollar or euro, and China is looking to make the yuan more spendable internationally.  
I doubt the US will let that happen, not easily.  The US is itching for an excuse to intervene (more).
Bill Kamps,
I believe world demand for treasuries is declining, and that's why the Fed didn't raise interest rates last time it met.  They're having more and more trouble dumping them.