The War on the Venezuelan Economy (includes photographic evidence)

[Judi Lynn]

The War on the Venezuelan Economy (includes photographic evidence)
By Arturo Rosales writes from Caracas
Friday, Jun 21, 2013

The economic war by the opposition private sector against Venezuela continues apace. It actually began years ago as one of the prongs of Washington's pitchfork for the overthrow of the constitutionally and democratically elected socialist government here. The most well known attack on the economy was the managers' walkout and industrial sabotage of PDVSA the nationalized oil industry that nearly destoyed the economy but failed due to the brilliant response by the workers and the government. Since then, Washington and it's opposition front in Venezuela have developed new strategies and tactics to wage war on the government with what Hillary Clinton called, "soft power."

~ snip ~
400 tons of hoarded food seized on June 18

Many people prefer to believe opposition claims that it is government mismanagement and policy causing shortages but in this report we publish actual photos taken on June 18th in Tachira state where 400 tons of basic foods were found hoarded in a secret warehouse in the city of San Cristobal.

The products discovered were 195 tons of rice, one ton of ground coffee, 4,000 liters of cooking oil plus sugar, black beans, toilet rolls, canned sardines and tuna, lentils, peas, oats, mayonnaise, tomato sauce and serviettes. All foods sold at regulated process.

The discovery was made by a joint operation led by Tachira state governor, José Vielma Mora, in conjunction with the state police and the tax authorities (SENIAT).

The fact that this merchandise was found in Tachira state, which borders with Colombia, could mean that the food was due to be illegally smuggled into Colombia and sold in supermarkets there at much higher prices than in Venezuela.

More:
http://axisoflogic.com/artman/publish/Article_65743.shtml

[naaman fletcher]

1. The central bank of VZLA disagrees with this

And openly admits that it is a result of the lack of dollars available.

[Socialistlemur]

2. Everybody knows this is government propaganda

They try to make excuses for really irrational price controls coupled to really high inflation, a lousy foreign currency exchange system and really bad corruption. What I really don't get is who is the target for sites such as axisoflogic. Must be English speaking leftists who got Chavez worship in their heads. As times goes by and Maduro chases down the corrupt Chavista officials and as he will have to do devalue the currency and fix price controls, you will see just how Venezuela was truly a shambles under Chavez. The one thing you do need to worry about is not whether to post this material or whether anybody will believe it. Worry if you don't see Maduro open up a secondary foreign currency exchange system so he can devalue the bolivar to about 10 to 12 bolis to the usd. If he doesn't, and if this exchange rate system isn't made available for companies which do want to invest in Venezuela, then the game is over for mr Maduro. And the longer he waits the more he risks hyperinflation and a total economic collapse as the people start rioting. Maduro is losing popularity day by day, he either fixes these problems Chavez left behind or he's toast.