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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: longnshort who wrote (325281)	2/9/2007 1:29:59 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1577139

Longnshort, you forgot to copy-n-paste the comment made on TexasRainmaker's blog: > Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it. - Thomas Sowell Tenchusatsu

To: longnshort who wrote (325281)	2/10/2007 4:18:20 PM
From: tejek	Read Replies (2) \| Respond to of 1577139

The Success of Socialism To you and your two friends who recommended your post: You've got it wrong.......you didn't read the article very carefully. The inflation is the result of out of control capitalism, not socialism.....the key phrases are "an economy awash in in petrodollars" and "swiftly increasing food prices". Now why are food prices increasing swiftly in Venezuela when they are not in the US? Is the sun more expensive in Venezuela? Is the rain of a higher and more expensive quality? Of course not. Food prices are growing quickly in Venezuela because capitalists are taking advantage of the fact that "the economy is awash in petrodollars". And while I am not a fan of Chavez, he is trying to stop the obvious gouging and the resultant inflation by regulating prices. Now pay close attention....this is where it gets tricky. Why didn't the Post point out this important nuance in their article? Well you see the Post is a conservative paper that has a very vested interest in supporting and protecting the American capitalistic economy, and discrediting socialism to the American public. I know, I know you are saying that the Post is a liberal paper, not conservative. It is conservative but in a different, not so obvious way than Fox or the WA Times. It would never take the outrageous stances that those media sites take. Its more clever and artful than that. Instead, it does articles like the one you posted that leaves the reader very grateful that he/she lives in the US of A within a system that supposedly works. Of course, the reader doesn't remember that just a few months ago they were paying quite a bit more at the gas pump until people started complaining. And they forget the stories of gouging after a hurricane or earthquake.....gouging that the Tims of the world think is perfectly acceptable. No, the problem in Venezuela is that the capitalists are out of control and Chavez does not know how to deal with them more cleverly. Yet inflation has soared to an accumulated 78 percent in the last four years in an economy awash in petrodollars, and food prices have increased particularly swiftly, creating a widening discrepancy between official prices and the true cost of getting goods to market in Venezuela. "Shortages have increased significantly as well as violations of price controls," Central Bank director Domingo Maza Zavala told the Venezuelan broadcaster Union Radio on Thursday. "The difference between real market prices and controlled prices is very high."