How To Save The USA

CARACAS, March 4 (Reuters) - “President Hugo Chavez seized a unit of American food giant Cargill on Wednesday and threatened to take over Venezuela’s largest private company, renewing a nationalization drive as the OPEC nation’s oil income plunges.

Chavez’s clash with the food companies, demanding they produce cheaper rice, came less than three weeks after he won a referendum on allowing him to run for reelection and marked his first nationalization in seven months.”

Venezuela is a country at the low end of a death spiral. There was essentially chaos there for decades while war lords fought for control of the country, and once a vaguely democratic state emerged the ignorant, impoverished masses were leveraged for political victories by radical ideological leftists. President Hugo Chavez has built up a massive nanny state that can only be supported by oil dollars. When the price of energy is high Venezuela looks great on paper with its universal education and nationalized industries but when the price of energy falls they teeter on the brink of collapse.

“The president of a private Venezuelan research firm which documented 55% real income growth among the poorest sectors of society said that, although his surveys showed rising incomes because of subsidies and grants, the number of people in the worst living conditions has grown. “The poor of Venezuela are living much better lately and have increased their purchasing power . . . [but] without being able to improve their housing, education level, and social mobility,” he said. “Rather than help [the poor] become stakeholders in the economic system, what [the government has] done is distribute as much oil wealth as possible in missions and social programs.”

Caracas, Socialist Utopia

In other words, the unsustainable socialist programs did nothing to actual raise people out of poverty. Their votes were purchased for a temporary increase in comfort, and if the price of oil collapses they will go back to the worst kind of hopeless poverty. It’s sad. Venezuela’s oil wealth could have been used to build a sane, functioning country if the money had been used to build crucial infrastructure and create a stable platform for economic growth.

In Taiwan a stable, capitalist country was built using foreign aid grants and low interest loans. “Today Taiwan has a dynamic capitalist, export-driven economy with gradually decreasing state involvement in investment and foreign trade. In keeping with this trend, some large government-owned banks and industrial firms are being privatized. Real growth in GDP has averaged about eight percent during the past three decades.” Imagine what Venezuela might be like if they had taken a similar rout.

Taipei

This is how Collectivism functions. Chaos leads to poverty, the poor are easily brain washed and they put Collectivists into power. The Collectivists rape whatever productive elements exist and redistribute the resources based on their political ends until it all collapses in on itself. It’s a cancer, and one that has taken hold here in the US.

The fluctuations of the business cycle were used, bit by bit, over the last 100 years, as an excuse to bring the government into the life of the individual more and more. That’s why it’s our duty to take this government back and return it to Constitutionality.