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AFP: Venezuelans, reeling under a devastating economic crisis, began voting Sunday in an election boycotted by the opposition and condemned by much of the international community but expected to hand deeply unpopular President Nicolas Maduro a new mandate. Maduro, the political heir to the late leftist firebrand Hugo Chavez, has presided over an implosion of once wealthy oil producer Venezuela’s economy since taking office in 2013. Hyperinflation, food and medicine shortages, rising crime and broken water, power and transportation networks have sparked violent unrest, and left Maduro with a 75-percent disapproval rating. If that is what he managed with socialism in his first term, imagine what he can do in his second!

He got 68% of the vote with a 48% turnout. Venezuela is now in the fifth year of a recession. Maybe they’ll manage a decade. Lots of cans there Steve. Operators probably wont apply for a production permit, thats just the nature of the environment that labour have now created. Ask anyone who works in the industry in Taranaki.

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The reality is that with that one announcement, the clock started ticking down for around 5 to 7 years when existing production will stop, and there will be nothing else. The media dont get it, the wider public dont get it – yet – but that is the truth. Ive just changed my plans for house renovations, moving away from gas to electricity, and discussing it with my architect and the draughting company Im using, thats been the trend the last few weeks. There are some very big global players changing investment plans right now as a result of this un-mandated decision.

Chompers and the Pie Eater know this, and it will be further reinforced when she of the extensive ivory visits Taranaki tomorrow. If she has the balls to front the sector reps, which apparently she is avoiding. Ever hear that story about the night-shift security guard at the German equipment factory (during the Weimar hyperinflation)? Every night he would see the same worker leave pushing a wheelbarrow home and never thought anything of it as half the country was walking around pushing them. Then one day he did a favour for the younger security guard on the day-shift, who’s wife had gone into labour.

It was then he noticed the gentleman who left each night with a wheelbarrow come to work without a wheelbarrow (as he had never actually been present to see him start work). They quickly learnt that the guy was making a fortune stealing & selling brand new wheelbarrows. 😂 • 4 0 • • • •. Don’t give him all the credit, if we acknowledge the successes of socialism in Venezuela we must acknowledge the success of socialism in the us healthcare industry, the success of California what 1 in 5 people are in poverty, the success that is Italy, Greece, Spain, France and the rest of the shithole that is Europe, where real unemployment is in the tens of percentages.

We must also acknowledge the success of socialism and interventionary policies in the housing sector in many of the worlds major cities such as land restriction policies, building restrictions, builder licensing, huge council fees/delays and uncertainty, protectionism in the building supplies industry and the like. • 4 0 • • • •. Not much of an election when the main opposition candidates are in prison or under house arrest, or so terrified they dont even campaign – even if they are given a platform on which to speak to the people.

Of course chompers doesnt have a view, aligning with an international basket case based on your own ideology isnt helpful, and isnt about the feelz. The success of socialism writ large. This is what happens when the socialists, like ours here in NZ, gain enough power and just dont give a shit about the niceties anymore. You know, things like cancelling an industry because virtue signalling; being so transparent; $1B slush funds; sex camps.