Drudge Retort: Red Meat for Yellow Dogs
Thursday, November 06, 2008

Venezuelan President Hugo Chavez's government will take over and nationalize La Cristinas, the biggest gold mine in the country, which was owned by Canada's Crystallex. The move is part of Chavez's socialist agenda that calls for nationalizing Venezuela's natural resources.

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Chavez has to scramble these days, if he expects to be the primary Socialist government in the Western Hemisphere. Obama will have his work cut out for him.

It boggles the mind to see this country having to steal every money making business venture in the country. They are heavy with oil resources but broke. It just proves that this kind of system is destined for failure. Sooner or later some disgruntled citizen will take matters into his own hands and after the state funeral start in with a more workable form of government.

Well, the price of oil went down, so the exalted socialist leader needs to pillage some other resource to try to tide his regime over. And remember with the types who gravitate toward socialist authoritarian governments, Stalin, Hitler, Mao, sustained by their narcissism and confusion of themselves with their country, there is the feeling that what's good for the narcissist is good for the country. It only makes sense to be unaware of the idea that "others" have any raison d'etre. It's all "me," great exalted leader, who "knows."

Right now, Venezuela is lumbering along on the leftovers accumulated by the preceding capitalist government. Chavez is in there with the concept (shared by communist-indoctrinated narcissist Obama) that it is only because capitalism is mean-spirited that there is not a plethora of wealth available to all. These people operate initially at least, on the principles of good and evil, with only evil, and not the realities of nature, preventing the production and distribution of goods and services.

But when "the opposition," the bad guys against whom the socialist regime has been flailing are no longer a factor, and the miraculous transformation does not occur, the socialist tyrants are flummoxed that somehow, there is not plenty for all.

For a while, after their confiscation policies (through seizures and nationalization in Venezuela and incremental increases in taxes taking propery in the U.S.) do not provide the provender, they sustain themselves on the plunder. Then as the resources diminish, and productivity declines through lack of innovation and initiative and bureacratic burdens on efficiency, the socialists cannot placate their followers, people they have gulled, and the standard of living drops. The "poor," who expected something for nothing have had their "festival" of a high life on previously accumulated capital, and then its down, down, down.

The fact of the matter is that usually the poor are poor because they are not "productive" in terms of a particular society. The poor are not immediately transformed into intellectual giants and technologically apt people, who are motivated to great productivity using their (unfortunately non-existent) skills.

This worms eye view of society, and the lack of greater affluence over time only due to "meanness" of the haves, and not other natural factors reminds me of an anecdote. Years ago, I sometimes went to a restaurant for lunch that was run with admirable efficiency by a Greek man, who seemed to sit around all day just being there. I heard one of the employees there complain that he just sat around doing nothing and "got all the money." He went on a month's vacation to Greece, and left her in charge. A very efficiently operating business, went to pot in that short period. What was perceived as "nothing" was actually "something" that the employee couldn't see. But it was there.

The inexperienced people who can't "manage" businesses, such as Chavez (and Obama) experience dismay when things just don't go right in a way that their models predict. Eventually the violent repression begins to subdue dissident elements to whom the failures are ascribed. Ease up boys, it's the system that doesn't work, further compromised by your total ineptitude.

"This worms eye view of society"

You seem to have a lot of those.

Johnson, you don't actually have a job, do you?

So what happened to Bush?

I mean fucking A! How could some pretend to be so knowledgeable about the problems in Venezuela and yet so badly screw the pooch in their own country that they get evicted from government!


Same old same ---- some never learn!

Chavez gets the gold mine, I get the shaft.

John McLost.

hay patato head, how does that feel?

Rightsright, I agree.

"Chavez has to scramble these days, if he expects to be the primary Socialist government in the Western Hemisphere. Obama will have his work cut out for him."

Just how did Bush get evicted from the Govt? You are one dumb son of a bitch.

*waiting for Danni and Bill O'fidian to come rushing to yet again explain how their hero did the right thing for Venezuela*

He had to get the gold. The price of oil has fallen way below his tollerance level. It ain't the cash cow it was a few months ago.

Yea. Maybe the U.S. will be destroyed like other socialist leaning industrialized nations such as Sweden. Oh wait ...

If I was Chavez I would take control of the Gold too. They let him do whatever he wants there so why not take the Gold. He should take contol of all the oil too. Oh wait he already did that

The Saudis did the same thing with their oil. Why aren't they our enemy, especially after the 9-11 thing?

Oh, that would be like comparing the two communist nations, Cuba and China, and our different relationship with them.

The Saudis did the same thing with their oil. Why aren't they our enemy, especially after the 9-11 thing?

Because our economy is dependent upon their oil.


Oh, that would be like comparing the two communist nations, Cuba and China, and our different relationship with them.

The foreign policy toward Cuba is a leftover from the Cold War. It's antiquated and out-of-date. China is slowly moving away from Communism and again, our economies are tied together.


Foreign policy is fluid. It's also quite hypocritical at times. In the end, our government needs to look out for America's best interests. Sometimes, this results in some undesirable bed-partners.


**** Johnson, you don't actually have a job, do you?
...#5 | Posted by Snark_Needleton *****

.......you don't think that Port-a-Potties empty themselves...do you?......

**** Chavez Takes over Gold Mine ****

......who gives a shit what Chavez does anyways ?...

....lets just fix America before we try fixing the world......

When Chavez runs out of companies to plunder and his economy is in the tank, the people of Venezuela will rise up and hamg him from a lamp post.

Much ado about nothing. Every sovereign nation has a right to control its natural resources. Gold is no different than oil. 80% of the world's oil reserves are controlled by state-owned companies.

Of course, transnational corporations and their shills don't like the fact that more and more 3rd world countries, especially in Latin America, are standing up to them, but that's just too bad.

Oh Look!!!

This is the same thing that the Democrats threatened to do with the Oil Companies.

Now Public

QUOTE "In a grilling of oil executives by a House panel yesterday, Rep. Maxine Waters, D-Calif., threatened to nationalize the industry if it didn't do something about the rising prices at the pump.

Source: worldnetdaily.com via politisite"

QUOTE "In a grilling of oil executives by a House panel yesterday, Rep. Maxine Waters, D-Calif., threatened to nationalize the industry if it didn't do something about the rising prices at the pump.


Source: worldnetdaily.com via politisite"

Looks like we have Obama's Energy Secretary.

WND daily is as good of a source as Wikipedia or Mother Jones is.

Funny that statement was all over the news and ther's even YouTube video of it.

Maxine Waters doesn't have the power to nationalize anything. Fact is that the Us gov't is too lazy to ever take on running the oil industry and sovereign gov't do not have the right to take over their natural resources if they leased out the land and rights. Eventually Chavez will meet his makerRick Santelli

Funny that statement was all over the news and ther's even YouTube video of it.

Hvae you ever seen Maxine Waters or listen to her inane questions? No doubt the video was in the comedy section.

#20 | Posted by nullifidian at 2008-11-06 03:32 PM


As Chavez incrementally nationalizes his entire economy it will be fascinating to watch how the economy of Venezuala fares.

Venezuela is a beautiful country. With loads of poverty. Chavez did some good with his attempts to improve the life of the poor. He should have stayed with that course. Increasingly, he looks like a bewildered person. Who keeps antagonizing his neighbors. Looks like he's going to undo the good he did. It's a shame.

JJ,

like we're not dependent on Venezuela for oil??????

but I understand your points, pragmatism over principals. Its just good business.

The vilification of Cuba is really about our Government supporting the mafia's claims to casinos and politicians courting Cuban immigrants and their sympathizers.

OK I have what may be wierd opinion on this. I think a Nations Natural Reasorces should be, I hesitate to use the phrase "explioted", buy a Company owned and operated in said country.I dont not feel it should be a Government "Company" though.

"I hesitate to use the phrase "explioted", buy a Company owned and operated in said country.I dont not feel it should be a Government "Company" though."

Why not? A government company is owned by the taxpayers, not by some wealthy family. Would could be more democratic?


OK I have what may be wierd opinion on this. I think a Nations Natural Reasorces should be, I hesitate to use the phrase "explioted", buy a Company owned and operated in said country.I dont not feel it should be a Government "Company" though.

#30 | Posted by GotTruth

You capitalist scum!


Sincerely,

Nullifidian


Nutcase,

but I understand your points, pragmatism over principals. Its just good business.

Exactly! It isn't always pretty, but it's just how things work.


Why not? A government company is owned by the taxpayers, not by some wealthy family. Would could be more democratic?


How far are you willing to go with that?

How much state ownership of business are you willing to justify?

Exactly! It isn't always pretty, but it's just how things work.



Posted by JeffJ at 2008-11-06 04:56 PM | Reply

Yeah and it's how Your Country goes bankrupty too. Or have You watched the news recently?? It's just like a greedy fucking pig. They will stuff themselves and stuff themselves until their guts burst or their legs stop working correctly. Whichever comes first.

Larry

"How far are you willing to go with that?"

Oh, I don't know. What percentage of GDP should government spending be at? 5%? 20%? 30%? 50%?

You know what's wrong with pigs? They eat like pigs! And they live in a freakin' pig sty, that's what.

Sorry, just had to throw that in. Back to your argument.

Oh and the Company must be owned by a CITIZEN!!!

See several post above.

hey...he don't need no stinking badge!

#28 | Posted by fyi at 2008-11-06 04:25 PM

Venezuela is a beautiful country. With loads of poverty. Chavez did some good with his attempts to improve the life of the poor. He should have stayed with that course. Increasingly, he looks like a bewildered person. Who keeps antagonizing his neighbors. Looks like he's going to undo the good he did. It's a shame.

Er, what "good" did Chavez do?

He confiscated property and capital, and has not been using those resources as effectivley as his predecessors.

To secure his position, he distributed some of the capital accumulated by his predecessors.

Now, he's functioning as the business "illiterate" and incompetent that he is. He's in a situation where he had promised that once he controlled the oil and means of production, there'd be unlimited wealth that "the bad guys" were keeping from the poor. This was a fiction, and the purported wealth just isn't being created or distributed. So the great promisor is out there left hanging, and needs to find some new "bad guys," who are frustrating implementation of his program for distributing non-existent wealth.

#17 | Posted by skizziks at 2008-11-06 03:09 PM

**** Johnson, you don't actually have a job, do you?
...#5 | Posted by Snark_Needleton *****

.......you don't think that Port-a-Potties empty themselves...do you?......

Another lefty fixated on excretion and feces.

You anal expulsive types are undisciplined and so incline to the left, and expect something for nothing, and to be permitted to run about without restraint no matter the extent to which you intrude on other people. You folks usually have a history of lax toilet training, and being allowed to delight in playing around with "shit" without any need to exercise self-control. Mama or papa or whoever, was always there to clean you up.

I've provided more extensive and technical elaborations of the condition previously. But you'll need to do with this. Remember the salient principle, your shit doesn't stink, and in your opinion others should share your delight in reveling in it with you.

By the way, thank you for your good wishes implicit in inviting me to participate in an activity in which you delight.

i just knew dis topik was gonna beez okie dokie with the bobbleheads all a hurtin over the loss of their tool. its got that special communist taint to it y'all just loves. sort of gives the rabid repeataholics somethin ta live 4.

oh wait....i'm supposed to say something like

be well
or
take care
or
f u

Maxine Waters doesn't have the power to nationalize anything. Fact is that the Us gov't is too lazy to ever take on running the oil industry and sovereign gov't do not have the right to take over their natural resources if they leased out the land and rights. Eventually Chavez will meet his makerRick Santelli

#25 | Posted by timbci

Our government couldn't even run a whore house in nevada when they took it over for taxes.

This is what oBama believes--they will become best buds--more than Sean Penn.

He wants to meet with the black man now--they can hang out.

Obama will want the same things for this country.

Thank God it shouldn't be able to happen in 4 years.

MURPH

Study history child.

We've always met with our adversaries until Dumbya.

Oh, by all means you'd better not gas up at a Citgo

Wow, A country's leader would like to keep its minerals and ores in his own country to benefit his country rather than the country exploiting the process.

Imagine wanting the gold of your own country staying in your own country, that is such a socialistic practice.

Why not? A government company is owned by the taxpayers, not by some wealthy family. Would could be more democratic?

#31 | Posted by nullifidian

In political theory, democracy describes a small number of related forms of government and also a political philosophy. Even though there is no universally accepted definition of 'democracy',[4] there are two principles that any definition of democracy includes. The first principle is that all members of the society have equal access to power and the second that all members enjoy universally recognized freedoms and liberties.

Does that definition say anything about companies or does it talk about government. You must be a commie.

Chavez is already learning what countless Socialists have before him. You can grab the mines, the factories, and the refineries. But when intellectual and financial capital flee your country, the game is already over.

Singapore has no natural resources and a booming economy. Russia and Venezuela have resources to last hundreds of years, and they're broke.

Hmmmm. Wonder why? It's because capital is too noble to be exploited, and will be gone in an instant, never to return.

Yeah and it's how Your Country goes bankrupty too. Or have You watched the news recently?? It's just like a greedy fucking pig. They will stuff themselves and stuff themselves until their guts burst or their legs stop working correctly. Whichever comes first.

#34 | Posted by LarryMohr

It damn sure didn't happen by using good capatlistic principals. It happened because our government can't keep track of their purse strings while spending someone elses money.

It happened because the lending institutions were forced by our government into making very bad loans so everyone could have a house.

It happened because our government can't keep their fingers out of anything, not even foreign countries.

Our government is like a "shower adjuster" trying to control the water temprature for everyone in the shower room after the big football game.

Chavez takes over a gold mine. We bail out struggling banks. We may throw money at the failing auto industry. If we're gonna take over, I suggest we go after a "gold mine". I'm talking black gold; Texas tea.

"what "good" did Chavez do?" - Johnson

Housing for the poor. Cleaned up several slums. Various programs for the poor.

Of course, to you, this is all a waste. The poor are poor because they are poor and if they can't make their way out, they should always stay that way. That there is a huge wealth imbalance there has no meaning. That the upper class vehemently opposes any programs designed to help the poor is also meaningless. I know the poor there thank you for your concern.

"Russia and Venezuela have resources to last hundreds of years, and they're broke." - RiR

Ah, yes, Russia. That 1990s experiment in "real" capitalism. Where a small group of people grabbed up almost all of the wealth, becoming oligarchs, and shipped the money out of Russia. Screw investing in Russia's infrastructure. Screw helping the millions of poor Russians. "I got mine, screw everyone else". Your heroes.

"It happened because the lending institutions were forced by our government into making very bad loans so everyone could have a house."

Just keep repeating the talking points whether they are true or not. It's the right wing way.

"It happened because our government can't keep their fingers out of anything, not even foreign countries."

Actually the exact opposite is true. Had the government regulated the financial industry the crisis could have been averted.

"Actually the exact opposite is true. Had the government regulated the financial industry the crisis could have been averted."


Just like the ussr right?
Not having any money to loose is not the same thing as safe money.

"Ah, yes, Russia. That 1990s experiment in "real" capitalism. Where a small group of people grabbed up almost all of the wealth, becoming oligarchs, and shipped the money out of Russia. Screw investing in Russia's infrastructure. Screw helping the millions of poor Russians. "I got mine, screw everyone else". Your heroes."

And Russians' reactions to "real capitalism" as measured by opinion surveys? They longed for the old Soviet Union.

Well, there is clearly more than one way of doing things. We'll see how this great experiment works out. After all, the Cubans seem pretty happy, with their free health care and Castroism. You can't even sail the Straits of Florida anymore without running over some Cuban emigre, heading back to Havana from Miami or the Keys. Maybe Chavez can work a similar miracle in Caracas.

What history has shown is that mixtures are what work best. If somthing requires "purity" it is doomed.

We are doing ok with our mixture of capitalism and socialism. Europe has more socialism, but they are also ok. China has communism in its mix and it is improving.

Ah, yes, Russia. That 1990s experiment in "real" capitalism. Where a small group of people grabbed up almost all of the wealth, becoming oligarchs, and shipped the money out of Russia.

#52 | Posted by fyi

It was grabbed by the thugs and crooks. The leaches on our society. The non-producers.

The non-producers (Russian Gov)had it and lost it to the Russian moffia.

"It was grabbed by the thugs and crooks."

Yep, the true capitalists.

People should read up on what the U.S. did in 1914 in Latin America. If they did they may see why there are some hard feelings.

Maybe they should get over it. The Japanese bombed Pearl Harbor, raped Nanking, and ran our boys through the Bataan Death March. And now I drive a Lexus, and manage pensions for Nissan (who doesn't know about the Lexus).

Forgive and forget, eh?

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