In our babbling brook of bullshit, the mainstream media, we hear a lot about the plight of the people of Venezuela, mass migration out of the country to escape dire poverty and deprivation, they spout the usual drivel about the collapse of the economy, hyper inflation, and put it down to the failure of socialism/communism. Though most socialists will agree that Venezuela was not a socialist country.
Never once will they mention the true cause of the plight of the Venezuelan people to the deliberate policy of the US, in conjunction with Saudi Arabia. The US can't hear the word socialism without jumping in with the boot, as such a system would ruin the ability of the grossly over rich parasites from continuing to exploit the world, its people and its resources.
The root cause of the collapse of the Venezuelan economy was the deliberate strategy of the US and Saudi Arabia to flood the market with cheap oil forcing the price from $110 a barrel, down to $28 a barrel, pulling the plug from the pool of rich oil resources with which Venezuela was developing the country. The US hypocrites will of course pretend to be the benefactor by organising a totally inadequate supply of food aid to the migrating millions.
The unbelievable misery foisted on the people of Venezuela is of no consequence to the power mongers of the "free market", any price will be paid to safeguard their privileged position, their wealth and their power. The problems of the people of Venezuela are not internal problems, it is punishment for their failure to pay homage the corporate moguls of the free market. Hoist the flag of socialism and you will feel the wrath of the corporate moguls aided and abetted by their minders, the US state, its allies and puppets.
Read the full article HERE:The political and economic crisis facing Venezuela is being endlessly pointed to as proof of the superiority of the free market.Images and portrayals of Venezuelans rioting in the streets over high food costs, empty grocery stores, medicine shortages, and overflowing garbage bins are the headlines, and the reporting points to socialism as the cause.The Chicago Tribune published a Commentary piece titled: “A socialist revolution can ruin almost any country.” A headline on Reason’s Hit and Run blog proclaims: “Venezuelan socialism still a complete disaster.” The Week’s U.S. edition says: “Authoritarian socialism caused Venezuela’s collapse.”Indeed, corporate-owned, mainstream media advises Americans to look at the inflation and food lines in Venezuela, and then repeat to themselves clichés they heard in elementary school about how “Communism just doesn’t work.”In reality, millions of Venezuelans have seen their living conditions vastly improved through the Bolivarian process. The problems plaguing the Venezuelan economy are not due to some inherent fault in socialism, but to artificially low oil prices and sabotage by forces hostile to the revolution.Starting in 2014, the Kingdom of Saudi Arabia flooded the market with cheap oil. This is not a mere business decision, but a calculated move coordinated with U.S. and Israeli foreign policy goals. Despite not just losing money, but even falling deep into debt, the Saudi monarchy continues to expand its oil production apparatus. The result has been driving the price of oil down from $110 per barrel, to $28 in the early months of this year. The goal is to weaken these opponents of Wall Street, London, and Tel Aviv, whose economies are centered around oil and natural gas exports. And Venezuela is one of those countries. Saudi efforts to drive down oil prices have drastically reduced Venezuela’s state budget and led to enormous consequences for the Venezuelan economy.At the same time, private food processing and importing corporations have launched a coordinated campaign of sabotage. This, coupled with the weakening of a vitally important state sector of the economy, has resulted in inflation and food shortages. The artificially low oil prices have left the Venezuelan state cash-starved, prompting a crisis in the funding of the social programs that were key to strengthening the United Socialist Party.-----
