What's Going On in Venezuela

#Politics

Fri, Mar 14th, 2014 23:37 by capnasty NEWS

Moisés Naím of The Atlantic, explains how Venezuela has become the "world's capital of inflation, homicide, and scarcity," and how "half the population is no longer willing to tolerate it."

This is the half of the country whose sons and daughters have taken to the streets to protest against a repressive regime that treats them as mortal enemies. And maybe they are. After all, they represent the vanguard of a society no longer willing to tolerate an abusive government with disastrous results to show for its 15-year grip on power: Venezuela is now the world champion of inflation, homicide, insecurity, and shortages of essential goods-from milk for children to insulin for diabetics and all kinds of indispensable products. All this despite having the greatest oil reserves in the world and a government with absolute control of all state institutions and levers of power. Sadly, that government has used its immense wealth and authority to push through unsustainable populist policies, buy votes, jail opposition leaders, and shut down television channels. Daily shortages of basic goods, fear of crime, and hopelessness have become unbearable.

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