Monday, January 11, 2010

Pull my thumb

Chavez-Obama Parallels
Greater Than You Think!


Flashback January 21, 2007: The Washington Times



Secret Brotherhood?

 
Collapsing Venezuela

Flashback January 21, 2007: The Washington Times nails it with Collapsing Venezuela.
If Venezuelan President Hugo Chavez President Obama deliberately intended to sabotage his nation's economy, he would be hard-pressed to do anything different from what he is now doing to his country.

It has been widely reported that Mr. Chavez President Obama has been increasingly taking control of the oil, telecommunications and energy housing, banking, auto, and insurance sectors, as well as the media. What has not been reported is the full extent of the corruption in Venezuela the United States and how this ultimately will destroy the economy.

The financial scandal taking place is far bigger than Enron, and may ultimately even exceed the U.N. "oil-for-food" scandal, the biggest financial disgrace of all time.

Since 2004, the Venezuelan Central Bank Fed has transferred about $22.5 billion untold $billions to accounts abroad by the Chavez government held by foreign governments, and about $12 billion all of that remains unaccounted for. It has also been reported that the gold reserves have been removed from the Central Bank.

While the rest of the world has been moving away from socialism for the last quarter-century for good reason, Venezuela the United States is becoming socialist. We know governmental use of central banks to basically print money to cover expenditures results in rising inflation and eventually monetary meltdown.

And, finally, we know that when a state becomes totally corrupt an economic collapse always follows. Mr. Chavez President Obama and his cronies had already been spending far more than they were taking in and you can bet the blood from the innocent Venezuelan people United States citizens will be drained long before those on the take from Mr. Chavez President Obama agree to have their looting stopped.
The original Washington Times article was extremely good, but a few minor changes would have made it the most prophetically accurate post the world had ever seen.

Mike "Mish" Shedlock



2 comments:

OregonGuy said...

I wish you all would add "devilsexrement" to your daily involution on the intertubes.

http://devilsexcrement.com/2009/12/06/as-the-venezuelan-government-intervenes-more-banks-its-strategy-remains-unclear-and-uncertain/

I, and The Real King of France, knows that the Left has no care of people. They have a certain badinage that seemingly allows them to step away from their errors, either legislative or verbal.

It's all in good fun!

And those of us who wish for the Senior team to take the field are dealt our Lucy Van Pelt moment.

We're not becoming a socialist country. We're becoming a lawless country.

Even the Soviets had law. Us? We'll have opinion. And how many of us have opinions?
.

Anonymous said...

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I've been saying for a while that we could have taken any of the goat humping gitmo 'detainees', put them in a suit, and made themn POTUS and they would have done LESS damage than the current inhabitant.

Bullseye

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