You know how Dem politicians who get in trouble suddenly become party-less. While GOP pols are always identified as such. Front and center.
Here's a similar phenomenon when it comes to countries.
At the very bottom of a CNN story about Venezuela's default and economic collapse is this correction. "This story has been updated to characterize Venezuela's government as socialist."
It's right below the line, "The International Monetary Fund predicts that inflation in Venezuela will hit 650% this year and 2,300% in 2018."
Why did that happen?
Because its finance minister thinks inflation is a capitalist conspiracy. Maybe we can check with Salon on how the Bolivarian economic miracle is coming along.
A few years ago, the left-wing site Salon was praising “Hugo Chavez’s economic miracle” and suggesting that we should follow his example of nationalizing companies. “Are there any constructive lessons to be learned from Chavez’s grand experiment with more aggressive redistribution?” its author wondered.
Someone ought to ask the starving mobs redistributing government food while dodging bullets.
Or with Bernie Sanders?
LEÓN KRAUZE, UNIVISION: I am sure that you know about this topic: various leftist governments, especially the populists, are in serious trouble in Latin America. The socialist model in Venezuela has the country near collapse. Argentina, also Brazil, how do you explain that failure?
BERNIE SANDERS, DEMOCRATIC CANDIDATE: You are asking me questions…
LEÓN KRAUZE, UNIVISION: I am sure you’re interested in that.
BERNIE SANDERS, DEMOCRATIC CANDIDATE: I am very interested, but right now I’m running for President of the United States.
Sadly, Venezuela must use filthy capitalist dollars.
In an attempt to subdue out-of-control inflation, the Venezuelan government now forces companies doing international business to use U.S. dollars instead of the Venezuelan bolivar. There’s just one problem: falling oil prices now mean that U.S. dollars have become few and far between. That’s creating a real crunch for Venezuelan companies like breweries, who must buy U.S. dollars in order to do business with foreign markets or import goods into the country.
That might be because Venezuela can't afford to print its own money anymore.
But if Bernie's Socialist book tour ever hits Caracas, maybe they can pay for his book in worthless Marxist money.
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Tags Politics Tagged Under:CNN'S CORRECTION, Breaking News, Politics,left-wing site Salon was praising “Hugo Chavez’s
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