Hugo Chavez Successor’s: Loot the Stores!

November 14, 2013 By David Paulin

Hugo Chávez must be rolling over in his grave — convulsed with laughter. Bread-and-circuses socialism has hit new heights in Venezuela as Chávez’s hand-picked successor Nicolás Maduro ordered the military occupation of electronic chain stores – and forced them to offer “fair prices.” Prices had been rising, but not anymore.

Under President Chávez, bread-and-circuses populism also was the rage: nationwide stores were set up to sell food at below-market prices – an effort that, ironically, led to food shortages. Now, Maduro is taking Venezuela’s entitlement culture a step further — putting government-set prices on things like plasma television sets, refrigerators, and washing machines.  Venezuelans are overjoyed.

Since Saturday, thousands have been mobbing electronic stores to get a bargain. Prices are so low that even anti-government opponents have joined the mob that’s enjoying the temporary fruits of Chávez so-called “21st Century socialism.” A number of store managers and owners have been arrested, accused by Maduro of illegal price gouging, speculating, and unfair lending. “We’re doing this for the good of the nation,” said Maduro. “Let nothing remain in stock …......We’re going to comb the whole nation in the next few days. This robbery of the people has to stop.”……

Venezuela’s rising prices and food shortages reflect the economic realities of Venezuela’s command-and-control economy – a 54 percent inflation rate and shortages of dollars caused by draconian currency exchange controls.....To Read More.....

My Take - If there was ever any doubt that socialists are insane and their only appeal is it allows humanity to seek to debauched levels of morality without penalty, this should end those doubts.