November 11, 2009

Communism Failing Miserably in Venezuela

Er uh, blackouts in Venezuela, really no kidding?

Via New York Times: CARACAS, Venezuela — This country may be an energy colossus, with the largest conventional oil reserves outside the Middle East and one of the world’s mightiest hydroelectric systems, but that has not prevented it from enduring serious electricity and water shortages that seem only to be getting worse.
You'd think that would be like predictable given the past performance of heavily communist policies in the past?

So look kids, this is the ordinary result of communism. I know a lot of the youngsters don't remember the actual result of severely restrictive communist economic policy. So yes I'm sure it seems so glamorous in class, but this is the hard real world reality of it. Sorry to bust your little neo-commie bubbles.

By Howie at 09:18 AM | Comments |