Re : Re: Chavez being Chavez
Quote:
Originally Posted by
Sigurd Fafnesbane
There is one thing Venezuela has that we can envy.
She has the cheapest fuel prices in the world. If I am not miscalculating, a liter of petrol cost 0.029 USD. That is 3 cents for 1 liter of petrol. Price for a gallon (US) would be 11 cents.
Enviable, certainly.
But clever? Car ownership is a privilige for the rich half of Venezuela. They are the real benefactors. And consequently, they waste Venz' precious oil resources on huge cars and other luxeries. The poor only benefit a little from low prices. And all things considered, they net lose out a lot. They would benefit much more if Chavez sold their oil for $100 a barrel to the Americans and then spended the money on some real social progress for the poor.
Great man, Chavez. Great thinker too, certainly as great an economist as the Cuban, North Korean and Soviet Union leaders. Who all, like Chavez, brought tremendous benefits to their poor masses by bravely resisting fascist capitalist imperialism.