More evidence that Chavez and his loony brand of socialism are ruining Venezuela.

Latin Business Chronicle

OMG, a developing latin American country has some economic troubles, must be the governmnet's fault. Chavez is not perfect, I'll admit it, but let's take the article's concluding sentences:
Let's see if this doesn't make as much sense:
or maybe:
And those are examples from incredibly wealthy countries.

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Trust me, I'm a socialist!

There's power in a factory,power in the land, power in the hand of the worker. But it all amounts to nothing if together we don't stand, there is power in a union.
The union forever defending our rights, down with the blackleg, workers unite. To our brothers and our sisters in many far off lands, there is power in a union.
Money speaks for money, the devil for his own. - Billy Bragg

Manipulating my quote without any supporting links does nothing more than lend incredibility to your opinion.

Venezuela is not a developing country, but it's government and economy are developing and developing poorly under socialism.

The failing Venezuelan economy is an indictment of Chavez's Bolivarian socialism.

Venezuela is not a developing country?


It most certainly is. What the hell are you on about?

__________________
"Have you no decency, sir? At long last, have you left no sense of decency?"
-Joseph Welch

Are you saying my quotes are untrue? Well if you're claiming Venezuela isn't a developing country you might actually try that. Tell me, what makes Carlos Sabino more reliable than me?

__________________
Trust me, I'm a socialist!

There's power in a factory,power in the land, power in the hand of the worker. But it all amounts to nothing if together we don't stand, there is power in a union.
The union forever defending our rights, down with the blackleg, workers unite. To our brothers and our sisters in many far off lands, there is power in a union.
Money speaks for money, the devil for his own. - Billy Bragg

he doesn't know.


1999 2000 2001 2002 2003 2004 GDP (real ann. %-change) -6.0 3.7 3.4 -8.9 -7.8 18.3 2004 Consumption (real ann. %-chg) -2.9 4.6 6.2 -6.2 -2.3 15.2 2004 Investment (real ann. %-chg) -15.6 2.6 13.8 -18.4 -37.0 49.7 2004 Oil GDP (real ann. %-chg) 10.3 -1.2 7.1 4.7 7.1 7.7 2004 Non-Oil GDP (real ann. %-chg) 8.6 7.7 -1.3 -3.9 2.5 -2.5 2004 Manufact. Act (ann. var in %) -10.1 5.1 3.7 -13.1 -6.8 21.4 2004 Unemployment (%) 10.6 10.0 11.0 15.7 14.6 10.9 2004 Fiscal Balance (% of GDP) -1.6 -1.6 -4.3 -3.3 -4.3 -1.9 2004

numbers change quite a lot. In many places they are doing far better then 1999 and before. and in many ways worse.

Stop Demonizing Chavez, it is Tired. he is not have the evil man he is made out to be.

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Your quotes are obviously contrived and without any supporting links.

Sabino, hell anyone for that matter, is more reliable than you.

So your answer is a non-answer then, ok thanks.

__________________
Trust me, I'm a socialist!

There's power in a factory,power in the land, power in the hand of the worker. But it all amounts to nothing if together we don't stand, there is power in a union.
The union forever defending our rights, down with the blackleg, workers unite. To our brothers and our sisters in many far off lands, there is power in a union.
Money speaks for money, the devil for his own. - Billy Bragg

The numbers don't lie. Chavez and his manipulation of the Venezuelan economy are sending the country down the toilet. Fortunately his public support is quickly eroding and he's likely to be voted out of office unless things improve.

Chavez's Bolivarian socialism is an abject failure and he's becoming a regional joke.

I'm still waiting for you to explain why Venezuela is not a developing country.

__________________
"Have you no decency, sir? At long last, have you left no sense of decency?"
-Joseph Welch