Thursday, March 5, 2009

The Reds

In Venezuela you are seeing a textbook collapse of a third world socialist country. Read this story. Sound familiar. Chavez has been buying off the poor vote to stay in power but it's setting harder as market realities come crashing down. Quotas, price limits, etc. -- all guaranteed to worsen the food supply situation. If you really think it is about feeding the poor, then its impossible to understand Chavez's stupidity. If you look at it as another state-created disaster being used to strengthen his power, then it all makes perfect sense. It makes perfect sense.

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