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2009-11-13 Caribbean-Latin America

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Posted by lord garth 2009-11-13 00:00|| || Front Page|| [11126 views ] Top

#1 And he has been doing the same to the infrastructure. Sucking off Operations and Maintenance moneys to buy tanks, guns and chasing off those professionals who ran the systems.

Posted by tipover 2009-11-13 00:57|| 2009-11-13 00:57|| Front Page Top

#2 Little-North-Korea. The Workers Paradise.

Posted by CrazyFool 2009-11-13 01:01|| 2009-11-13 01:01|| Front Page Top

#3 Hey, it's working so well for them, maybe the US should try it.

Posted by gorb 2009-11-13 02:19|| 2009-11-13 02:19|| Front Page Top

#4 Hollywood's Pope: Chavez

Posted by HammerHead 2009-11-13 09:09|| 2009-11-13 09:09|| Front Page Top

#5 Next he will convert to Islam and Iran will save him!

Posted by Ahab the Arab 2009-11-13 09:17|| 2009-11-13 09:17|| Front Page Top

#6 Cheap electricity to buy off the masses, just like DinnerJacket buys off the masses with cheap, subsidized gasoline. Sometime there is a day of reckoning.

Posted by Alaska Paul 2009-11-13 10:40|| 2009-11-13 10:40|| Front Page Top

#7 would you buy a dead fish from this man?

Posted by Frank G">Frank G 2009-11-13 10:44|| 2009-11-13 10:44|| Front Page Top

#8
Chavez has been consuming industries and scaring off foreign investors for a while now. As he feels the pinch, he has to look for new revenue.

I suspect he is going after the drug trade in columbia. It would make sense, he says "prepare for war with the US" which will happen if he becomes a big fish in the drug war.

Posted by flash91 2009-11-13 11:10|| 2009-11-13 11:10|| Front Page Top

#9 Hugo might find the biography of Manuel Noriega interesting.

Posted by Ebbang Uluque6305 2009-11-13 12:15|| 2009-11-13 12:15|| Front Page Top

#10 I seem to hav a different idea about economics?
He drills for oi, finds it, and burns it to make electricity.
So his fuel actualy costs near nothing, just the drilling, piping, pumping (ETC) pay for the machiney and the cost of people to run it is miniscule.
He should have NO "Shortages" except if a pipe ruptures, Or wind knocks down a powerline.
If bigger Generating plants are needed, simply export some oil, and use the income to build anew.

Posted by Redneck Jim 2009-11-13 12:50|| 2009-11-13 12:50|| Front Page Top

#11 So his fuel actualy costs near nothing, just the drilling, piping, pumping (ETC) pay for the machiney and the cost of people to run it is miniscule.

It isn't miniscule enough; I know personally people who lost their jobs because the service companies they work for weren't paid for the work they did for PDVSA down there.

Posted by Thing From Snowy Mountain 2009-11-13 17:37|| 2009-11-13 17:37|| Front Page Top

#12 Besides, he doesn't have to use oil for power, they have massive hydroelectric projects on the Orinoco, that are probably good enough to power the whole country.

Instead of keeping his infrastructure up, though, he bought into the delusion that he could use a whole lot of smaller distributed plants. So he bought a lot of large diesel generator sets from Cuba. (I guess so, instead of having a real grid, he could just provide power to the areas that voted for him). Cuba gets the generators from European companies and marks them up a couple hundred percent. So it's an inefficient solution, and it's been inefficiently procured too.

He probably thinks stuff like "Valencia? Did they vote for me?" but that sort of attitude has massive repercussions for the nation's economy as a whole, as we see here.

Posted by Thing From Snowy Mountain 2009-11-13 17:40|| 2009-11-13 17:40|| Front Page Top

#13 But it all worked out so well for Zimbabwe! Hugo must be doing it wrong.

Posted by DMFD 2009-11-13 18:47|| 2009-11-13 18:47|| Front Page Top

#14 "To simplify the distribution networks for water and power, we will combine them. Electrify the water supply! It is so ordered!"

/Bolivarian Genius

Posted by Frank G">Frank G 2009-11-13 19:15|| 2009-11-13 19:15|| Front Page Top

#15 No, no, no, Frank. Flowing charged water molecules will induce to much loses due to eddy currents. Now, electrifying the natural gas lines, that's genius!

Posted by ed 2009-11-13 19:24|| 2009-11-13 19:24|| Front Page Top

#16 *shudder*

Posted by trailing wife">trailing wife 2009-11-13 20:17|| 2009-11-13 20:17|| Front Page Top

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