Actually, it dovetails perfectly. Get the S. American socialist and dictator shitholes turned around, free, and growing, and voila: the migration problem goes away.
Besides clobbering the entire Dumbocrat party on the back swing.
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Well they do have more socialist aspects than other US states, hence their lead in percentage of impoverished citizens. And what does the price of oil have to do with it, last time I checked the price of oil was the same for the US as it is for Venezuela.
Ouch, that second part has got to leave a mark!
I’ll concede that point. Restoring stability to Venezuela would be ideal. If it gets any worse the migrant flood will just keep compounding. For as much as I want to keep America as “European” as possible, I would take starving Venezuelans as they would push this country so far to the right we wouldn’t entertain communist ideas again for at least another 60 years.
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One of my Grandfathers came here in the early 1900’s from Yugoslavia.
That entire side of the family (including me) hates Communism and Communists!
It’s multi-generational.
The price of oil in the 1980s started their downfall. Then corruption and poor leadership and oil price drop in starting in 2014…put the nail in the coffin. The socialist policies they did have didn’t come into affect until the country was already in shambles.
Socialism did not start the fall of Venezuela.
Even if your drivel were true…
Look how Socialism brought them back!
Could you pass the Flamingo please?
It is true. Their government was mismanaged. It failed each time oil prices significantly dropped. There are socialist countries all over South America (Bolivia for example) that had socialist policies and didn’t fail like Venezuela did. It is because Venezuela depended fat to much on oil revenues and didn’t diversity into other industries.
No system works if it is mismanaged.
Reference the Obama years…
And the point of this thread is that Socialism NEVER works.
No leader, party, group, Whiz Kids, cabal, intellectual movement, … is smart enough to beat capitalism and a free market.
Leveling the playing field will ALWAYS lead to lack of innovation, demotivation, exit of investment, and eating flamingos.
Venezuelan oil sits in the ground while the people stand in lines, starve and lose weight, flee for the borders making hardships on neighboring countries, lack for basic medical care, and even give away thier children to people that might be able to feed them.
Socialism Kills. Period.
The same people who want socialism (in this country) also want one world government. There’s a reason for that. Socialism is a big lie.
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Name a nation that has prospered with socialism.
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This was, IMHO, the finest, fiercest speech President Trump has ever delivered! Maduro, were I you, I would head for the southern Pacific latitudes! ASAP! Antarctica is nice this time of year.
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Are you sure you want to use the second poorest country in South America as your example of socialist success?
This is where Venezuela continues to go wrong. They think they can produce petroleum without investment and contractors and they have found that they cannot.
Venezuela seizes 60 oilfield service company assets
May 08, 2009 02:00 AM
Venezuelan President Hugo Chavez seized assets from 60 oilfield services companies including Oklahoma-based Williams Cos., using a law the national assembly passed recently.
Employees at state oil company Petroleos de Venezuela worked through the night to take over operations from companies that provided services such as water and gas compression and maritime support, Chavez said. Venezuela’s benchmark government bonds fell the most in 2 1/2 months.
“Today, the private services companies disappear, we don’t need them, the people and workers can do the labour and be more efficient,” Chavez said. “We’re going to bury capitalism in Venezuela.”
PdVSA, as the state oil company is known, is pressing foreign oil services companies to lower their prices as growing debts hamper oil output. Production in Venezuela, the biggest oil exporter in the Americas, was down 8.4 % in April from a year ago, and services firms have idled rigs this year because of past-due payments.
The government seized two gas injection units called El Furrial and PIGAP II from Tulsa, Oklahoma-based Williams Cos., the company said. Williams said April 30 it had declared PdVSA in default for non-payment and might cease operations in Venezuela.
“We’ll pursue all available options including negotiating with PdVSA,” Williams spokeswoman Julie Gentz said. “It may also include arbitration.”
US oil giants ExxonMobil and ConocoPhillips have taken their investment disputes to international arbitration after their assets were seized by Venezuela in 2007. Venezuela still owes about $ 10 bn for unpaid nationalizations, according to Ecoanalitica, a Caracas-based economic consulting firm.
Chavez also confirmed that PdVSA has taken over the SIMCO Consortium, which was operated by Aberdeen, Scotland-based John Wood Group. Bobbie Ireland, a spokeswoman at the Wood Group, said that PdVSA had taken control of its contract, and that it’s in a “strong contractual position” to recover money due.
PdVSA owed service contractors $ 13.8 bn at the end of 2008, according to a year-end report sent to the country’s national assembly. Chavez didn’t provide names of all of the companies whose assets he said would be “liberated.” Schlumberger and Halliburton, the world’s biggest and second-biggest oilfield services companies, both operate in Venezuela.
The law approved recently by the National Assembly stipulates the government will pay book value for the nationalized assets using cash or securities, after deducting labour and environmental costs. Under the statute, the Oil and Energy Ministry is required to publicly identify companies with assets subject to seizure.
Oil and Energy Minister Rafael Ramirez said the government has seized 300 boats, along with water injection operations on Lake Maracaibo, a centre of oil production, and gas compression units in eastern Venezuela. PdVSA will absorb more than 8,000 employees from subcontractors, he said.
“These intermediary companies speculated, and took a large part of our oil earnings,” Ramirez said. “With this, we’ll continue reducing costs in our oil industry.” PdVSA will save $ 700 mm by assuming the “primary” service activities from private companies, Ramirez said.
http://www.gasandoil.com/news/ms_america/274686c0f7f8640ca64ca9f55b284bf6
They have been making the same mistake since OPEC was formed and OPEC has undermined their production.
Now which company is going to try and help after 60 years of theft of assets and services?
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Sure if you look at it like that…
Evo Morales is a socialist and saw the most prosperous growth for Bolivia is over 30 years between 2006-2009. Also managed to drop wealth inequality by almost 2 percent.
Maybe that prosperity is built on the backs of the million children as young as ten years old he made it legal to employ?
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How many migrants currently come from Venezuela?
Quite a few.
Venezuelans are living on flour and water…if you call that living. As many as can get out do so.