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Nye Bevan

(25,406 posts)
Sun Dec 1, 2013, 11:41 PM Dec 2013

99% of Venezuelan businesses are "price-gouging"

according to President Nicolas Maduro.


CARACAS (Reuters) - Venezuela's President Nicolas Maduro said a stricter wave of inspections for suspected price-gouging would begin on Saturday in an aggressive pre-election "economic offensive" aimed at taming the highest inflation in the Americas.

"We're not joking, we're defending the rights of the majority, their economic freedom," Maduro said on Friday, alleging price irregularities were found in nearly 99 percent of 1,705 businesses inspected so far this month.

Maduro, who has staked his presidency on preserving the legacy of late socialist leader Hugo Chavez, launched a theatrical - and often televised - wave of inspections this month to force companies to reduce prices.

He says "capitalist parasites" are trying to wreck Venezuela's economy and force him from office.

http://www.reuters.com/article/idUSBRE9AS0RM20131129




9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
99% of Venezuelan businesses are "price-gouging" (Original Post) Nye Bevan Dec 2013 OP
This will go well Blanket Statements Dec 2013 #1
Let's follow that reasoning: DetlefK Dec 2013 #2
a possible scenerio sweetapogee Dec 2013 #9
What did you have to say when the oligarchy beloved President Carlos Andres Perez Judi Lynn Dec 2013 #3
Where in my post was I "sarcastic", "snide", or "nasty"? Nye Bevan Dec 2013 #4
This is going to be a hard year for VZ hack89 Dec 2013 #6
6 more days until the elections. joshcryer Dec 2013 #5
Nah, it's Venezuela davidpdx Dec 2013 #7
Hang in there Comrade Maduro - TBF Dec 2013 #8

DetlefK

(16,423 posts)
2. Let's follow that reasoning:
Mon Dec 2, 2013, 07:05 AM
Dec 2013

Approximately 99% of all businesses are found to be guilty of manipulating prices.

They will be forced to "correct" that.

The businesses will react with strikes.

The regime will react with nationalizations and prison-terms for treason and stuff.

The consumers will invest in products but business and industry will be reluctant to invest in new products for fear of further nationalization.

Further shortages.

Businesses will be blamed and regime-dictated prices will be installed.

Even more shortages.

sweetapogee

(1,168 posts)
9. a possible scenerio
Mon Dec 2, 2013, 09:48 AM
Dec 2013

Venezuela is trying to solve it's economic troubles by forcing consumer prices down to fix the problem, which is inflation. Problem is most consumer products are not produced in country. The exporters insisting on payment in cash such as US dollars and VZ can only get dollars by selling crude oil on the world market. So I think it is possible that VZ will flood the market with oil, what else can it do?

This of course will annoy OPEC. Also, the fact of the matter is that oil has to trade >$70.00/barrel for VZ to break even on it's social services spending. Look for some kind of conflict to threaten oil supplies to drive up the world market price.

Judi Lynn

(160,542 posts)
3. What did you have to say when the oligarchy beloved President Carlos Andres Perez
Mon Dec 2, 2013, 07:44 AM
Dec 2013

hiked the cost of transportation, heating, food far above the ability of the Venezuelan vast numbers of poor people to be able to afford, and they panicked, ran into the streets, protested, and rioted, and he sent his police first, many of whom walked off their jobs in refusal, and then his military to charge into the shantytowns clinging to the sides of the mountains, complete with Army tanks, etc. and start mowing down the brown people there?

Was that good enough for you? Did you have anything sarcastic, snide, nasty to say about the leftists then, the dead ones or the ones left merely mourning the loss of their loved ones?

The El Caracazo Massacre. The right-wing reveled in it to such a degree they still stick their filth on the internet[font size=5]S[/font] blaming the poor for the Massacre, implying they were a bunch of lazy bums who wanted something for nothing. That happens everywhere where there is trauma, as the right-wing scum of the world knows.

We know what "principles" drive the right, and everything they have to say against the masses of poor created through feudalism and dirty greed in the Americas, all backed by US administrations, always comes out the same, regardless of the era, or the country.

We've clearly heard it all before, and it all makes right-wingers look like putrid, reeking, grotesque tumors pretending to be people.

Many of us read some right-wing troll remarks here with a sense of bemusement, wondering how on earth people can live like that. It can't be easy getting so twisted you look forward to launching these propaganda bombs into the area where people come to exchange REAL information.

hack89

(39,171 posts)
6. This is going to be a hard year for VZ
Mon Dec 2, 2013, 08:17 AM
Dec 2013

They are clearly spiraling downwards. The people will continue to suffer until they get good leadership. Saint Hugo, for all faults, was a unifying figure. His replacement is an incompetent buffoon.

TBF

(32,062 posts)
8. Hang in there Comrade Maduro -
Mon Dec 2, 2013, 08:32 AM
Dec 2013

If they are trying to force you from office you're doing something right. Si se puede. El poder al pueblo.

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