AP: Chavez's 'Bolivarian Revolution' Badly Weakened
source: http://www.huffingtonpost.com/2010/02/01/ap-chavezs-bolivarian-rev_n_444194.html
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- UrbanGypsy
- added this
The socialist-inspired governing model that Chavez calls his Bolivarian Revolution – named after 18th-century independence leader Simon Bolivar – is weakened and hobbling. And though Chavez retains close ties with a bloc of leftist governments from Bolivia to Nicaragua, many Latin Americans don't see Venezuela's oil-funded populism as viable.
Among Venezuelans, Chavez's popularity slipped below 50 percent in polls late last year. The protest slogan "you struck out" recently appeared on banners held up during Venezuelan baseball games, which Chavez himself follows closely, and spread to signs and shirts during street demonstrations.
Last week, thousands gathered to denounce the government for yanking the anti-Chavez channel RCTV from cable television, and clashes involving riot police, government supporters and anti-Chavez students left two youths dead. Also last week, Chavez's vice president and defense minister, Ramon Carrizalez, resigned citing personal reasons.
State-imposed economic controls, meanwhile, have failed to contain 25 percent inflation, rapidly eroding the earnings of the poor who have been Chavez's core of political support. Chavez's devaluation of the currency this month – aimed at allowing the government finances to boost public spending – is expected to push prices even higher.
To counter that, Chavez deployed inspectors and soldiers to check, threatening to expropriate any businesses engaging in price-gouging. Some have been temporarily shut down. The government recently seized a French-controlled retail chain, Exito.
Chavez's foes say such measures will only further discourage private investment, which fell 7.6 percent last year amid the nationalization of banks, coffee producers and oil field service companies.
Critics also decry a banking scandal that broke in November in which several bankers with close government ties were arrested on charges of financial crimes.
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peterzylstramoore
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my statistics come from http://www.nationmaster.com/graph/cri_mur_percap-crime-murders-per-capita
Again, as I said crime is a real problem, but it needs to be put in the context of crime in regimes we support, and also in the context that much of the murders in Columbia are connected to the government, and it is also their US supported paramilitaries that are having an effect on violent crime in Venezuela.
The numbers again are:# 1 Colombia: 0.617847 per 1,000 people
# 2 South Africa: 0.496008 per 1,000 people
# 3 Jamaica: 0.324196 per 1,000 people
# 4 Venezuela: 0.316138 per 1,000 people
# 5 Russia: 0.201534 per 1,000 people
# 6 Mexico: 0.130213 per 1,000 peopleDon't get me wrong their awful numbers.
- 2 years ago
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peterzylstramoore
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EthicalVegan
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Thank you for submitting this. It's so damn poignant.
- 2 years ago
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EthicalVegan
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peterzylstramoore
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Crime has skyrocketed but as I said earlier we are involved in funding the violent opposition groups inside Venezuela and those who are crossing from Columbia. We also ignore crime rates of our allies
# 1 Colombia: 0.617847 per 1,000 people
# 2 South Africa: 0.496008 per 1,000 people
# 3 Jamaica: 0.324196 per 1,000 people
# 4 Venezuela: 0.316138 per 1,000 people
while focusing on the real problems in Venezuela. Crime is a problem and Venezuela needs to try and deal with it, but neoliberalism in Columbia doesn't seem to offer the perfect solution and our focus should first be on ourselves and our involvement which goes unreported.Similarly the media. We ignore their involvement in the coup and how we would respond under similar circumstances (http://www.guardian.co.uk/commentisfree/2009/aug/04/venezuela-media-freedom-chav...). In fact the left in the US is also suggesting that corporate freedom of speech should be restricted during elections. In fact if you ask me their needs to be more public funded media in the US.
Infrastructure is in rough shape though so was it at the start of the Chavez era. Keep in mind their per capita GDP actually declined during the 25 years preceding Chavez where the US supported the government and our media didn't even let us know that Venezuela existed. (stats here : http://en.wikipedia.org/wiki/Economy_of_Venezuela).
They electricity is dependant on dams which are being effected by a drought and like most developing countries they do not have the resources to have all these things backed up. I was in Kenya and Uganda and had power outages daily in their capitals, but this is not news because they are also following our neoliberal prescriptions. In reality the fact that droughts are now commonplace and so if this is newsworthy in the US it has to do with what responsibility we have in terms of CO2 emissions and the regularly resulting droughts. It would be news again if it had something to do with something we had done, and should do about it.
Their was no mention in the press when Uribe in Columbia was extending his terms, not through a Democratic referendum as in Venezuela.
Again Venezuela has a lot of problems. The one's mentioned being some of them. But this is only news b/c they are an alleged enemy of the US, and there is no cross comparisons b/w Venezuela and the problems of the US supported regimes and no mention of our role in the problem.
Finally, the devaluation is a fantastic thing in that it will make their exports outside of petroleum cheaper, allowing for a possible take off in other sectors. It is in a more precarious place coming out of the US induced recession which forced the devaluation, but economically this is a good thing. It is yet to be seen whether it is polically possible, but it is much more so under a government that provides minimum social services, and so a drop in spending power doesn't mean life or death to the poor.
Regardless of our opinions on Venezuela, it is their experiment in how to organize society and we should stay out of it.
It is not a dictatorship as Lula in Brazil will tell you. He actually suggests it is to participatory (that the poor people have to much affect on their democracy) which keeps it from being able to make tough decisions (like the devaluation). Regardless it is there experiement.
- 2 years ago
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peterzylstramoore
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UrbanGypsy
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peterzylstramoore:
I think there are a few things that alarmed me though and reminded me of my native Cuba.
First, the power outages and the rapid decay of the electric grid. Power outages and blackouts are commonplace aspect of life in Havana. And it appears that the nationalization of much of the industry, the firing of professionals who knew how to operate it has also contributed to this, just as it did in Cuba.
Chavez has also created a double currency market in Venezuela, because he created a new currency called the Bolivar Fuerte which he set a high artificial price to... eventully he had to devalue it as well because it was not actully worth that much. SImilarly, in Cuba we also had a double currency, in which the people are paid in worthless Cuban pesos and everything is sold in Convertible Pesos which are worth much more. A black market for dollars has already sprung up in Venezuela just as it did in Cuba when the Convertible Peso was introduced...
The state imposed economic controls and the widespread nationliztion of many industries has scared away investors from Venezuela who are scared that property rights are not respected. Consequently, investment dropped, as the article mentioned, by 7.6 percent.
And lastly, how can you say that devaluation is a good thing? The people most hurt by devaluation are the poor working classes who have their earnings reduced everytime the currency loses value. The inflation rate of 25-27% has destroyed savings.
While this might increase exports, it would certainly serve to defeat the purpose of Chavez' revolution which is to erase inequality. How is he going to justify working for equality when devaluation is only going to serve the businesses which have the capital to be exporting in the first place? That would actually increase inequality...
As to crime in Venezuela, it would be misleading to cite the numbers you provided as the police no longer provide complete murder statistics, without including other statistics such as theft, robbery, or kidnappings.
I would not go so far as to say that Chavez is a dictator, but he certainly is a classic caudillo.
- 2 years ago
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UrbanGypsy
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peterzylstramoore
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UrbanGypsy:
The current power outages are due to the drought, and venezuela does need to educate young professionals to be able to expand infrastructure and electicity output.
The devaluation was being called for by the opposition prior to it happening, and then of course was criticized by them afterwards. I don't think the dual currency was a good idea, but I don't know much of the arguments for or against it.
Overall the devaluation however was completely necessary. It does hurt consumption of imports in the sense that a 50% devaluation doubles the cost of imports. This however halves the cost of Venezuelan exports, and the overvalued exchange rate (again due to oil) was causing all exports outside of oil to become incredibly expensive.
Developing countries that have been effective in developing in recent years have done so with low valued currencies as is the case for most Asian economies. When China moved from internal economy to an export oriented economy it in 1970 devalued it's exchange from 1:1 with the us to 8.8 to I us dollars. This made it's exports cheap and helped fuel it's growth. Similar devaluations happened in Argentina but also in Brazil which helped them begin to grow again.
Again the devaluation is the most important decision Chavez has made, aside taking over the oil industry. B/c he took over the oil industry and socialized the profits their is decent social services that can soften the unfortunate but necessary social costs of devaluing the currency.
I worry as well that Chavez often to aggressively takes on private industries, which at times are real problems, but doesn't have the capacity to replace them. Developing countries often need a fairly large role for the state (in fact I think developed countries are much better off under the northern european model as well) but they do not have the capacity to properly micromanage everything. None the less I believe Venezuela should be left alone to make those decisions, and despite his faults Chavez is better than those that preceded him.
- 2 years ago
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peterzylstramoore
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UrbanGypsy
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peterzylstramoore:
Thanks for the info and input... Your a good guy to have in discussions. I don't agree with everything, but I do agree he is going after the private sector too aggressively.
- 2 years ago
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UrbanGypsy
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curtisreed
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peterzylstramoore:
Your numbers are not accurate.
The Venezuelan Dividsion of Statistics, part of the CICPC, drastically contradict your erroneous (if not propagandistic) information. Venezuela has become about the third most dangerous country to visit.
You will note, that in the years before Chavez took power (1998/99) there was an increase in murders, so that the # of homocides per 100,000 went from 19 in 1997 to 37 in 2005 and has continued to climb over the past 5 years.
Año Nº Homicidios Venezuela Tasa Nº Homicidios Caracas Tasa
1997 4,225 19 1,465 64
1998 4,550 20 1,436 63
1999 5,968 25 1,859 94
2000 8,022 33 2,310 117
2001 7,960 35 1,884 103
2002 9,617 42 2,436 133
2003 11,342 49 2,461 134
2004 9,719 42 1,871 102
2005 9,964 37 1,826 88 - 2 years ago
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curtisreed
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curtisreed
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peterzylstramoore:
Incorrect again, Peter.
Uribe got his presidential terms extended through constitutional means, primarily because he such a popular president congress and senate were willing to amen the constitution and it was approved through perfectly legal means. He's popular because he has saved the country from the Marxist FARC terrorist bastards that Chavez adores, supports and defends.
Your socialist explanations for everything are totally wanting. "neoliberalism" in Colombia...what a crock. Everything is collapsing in Venezuela, the infrastructure is falling apart, crime has exploded, corruption is rampant, the democracy is mortally wounded and there is no way you could claim it is still a democracy if you had spent any time there and witnessed what is done to anyone who opposes the government.
Yes, there is a drought. No, that is not an excuse. For many years they have been insisting on renovating and improving the electric infrastructure.
"like most developing countries they do not have the resources to have all these things backed up" Bullshit. Chavez has spent tens of billions of $ on weapons systems they don't need, and has instead given away billions of $ to win allies throughout Latin America. There are highways collapsing for the same reason.Even all those "community clinics" are woefully out of medicine and they are closing down.
This in a country on which it is raining petroleum, with one of the largest reserves in teh world...so...why can't they get it out of the ground? Incompetence and corruption.
"they are an alleged enemy of the US, and there is no cross comparisons b/w Venezuela and the problems of the US supported regimes and no mention of our role in the problem." They were our ally. CHAVEZ made them our enemy. We played no role in that, pal, it was his political ploy to immitate the Castro model.
- 2 years ago
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curtisreed
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curtisreed
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curtisreed:
Here's the 2008 numbers"
With around 3.2 million habitants, Caracas has a homocide rate of 130 deaths for every 100,000 residents, making it the most violent and dangerous city in the planet.
http://www.cronica.com.mx/nota.php?id_nota=388587
You can see from my previous post how the crime rate started around 25/100k when Chavez took office.That's 500% increase since that idiot took over. And mind you, that until last year, Venezuela had simultaneously enjoyed the incredible petroleum price increases so there was more money than they knew what to do with, yet look how an incompetent, corrupt, violent, despotic government can waste all that wealth.
- 2 years ago
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curtisreed
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UrbanGypsy
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curtisreed:
Excellent statistics curtisreed. I can only post what i hear in the AP, but when people come around and give me statistics, it is hard to see where to go for accuracy.
While Peter was making his points with his numbers, it did not exactly fit what I have been hearing from everyone in Venezuela. Things are tough over there and everyone can feel the situation is very tense.
My friend who's father still spends most of his time taking care of his small business in Caracas has told me about the problems that have come home to roost in Venezuela as the infrastructure has begun to decay and whither. Furthermore, investment is down and crime is up.
I always like when you add info on the articles, it helps to put the situation in perspective. I just posted the news that Chavez has sought help from Cuban Vice President Ramiro Valdez to help solve the energy crisis in the country.
He is already receiving criticism for bringing in Cubans to help solve the problem when Cuba itself has been experiencing an energy crisis since the early 1990s. Venezuelans are also getting upset that Chavez is inviting foreigners into the affairs of the country. Here's the article: http://current.com/items/92063198_chavez-turns-to-cubans-for-help-with-energy-cr...
- 2 years ago
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UrbanGypsy
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UrbanGypsy
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Peter, I just posted this because I thought it might mark a transition in power in Venezuela. Regardless of what or who we think is causing the problems in Venezuela, the reality is that Chavez' popularity has fallen.
And a few things I think we can all agree on are:
_ Venezuela's infrastructure has entered into serious decay. The Guri dam has fallen into bad disrepair and is threatening the energy supply of large parts of the country.
_ Crime has skyrocketed, especially in the poorer neighborhoods. Kidnappings have also skyrocketed.
_ Energy production has dropped so much, Chavez wanted to propose cuts to the usage of electricity. This was cancelled after massive protests were held in Caracas.
I do not think that Chavez will lose power because there is no real opposition figure that can unite so many opposition parties. However, look for the opposition to win many, many seats in the next election.
- 2 years ago
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UrbanGypsy
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peterzylstramoore
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The article was an incredibly biased misrepresentation of reality. Some of the responses much worse. Curtis Reed ,your theory that Venezuela is not a democracy is complete bull shit. The Carter Center and almost every international monitor have regularly recognized both their referendums, and their election results as accurate. The poor majority are still strong supporters of Chavez.
Inflation is a problem but he inherited it (it is resulting from the common Dutch Disease where the currency inflates due to over demand for it because of in this case oil). The same thing happens in Canada, where high oil prices have raised the value of our currency, and are driving our manufacturing out of country. Chavez has done what is generally unpopular but absolutely necessary in terms of decreasing the value of it's currency. This is important because it will raise the price of imports, reducing consumption to some degree, and reduce the price of non-oil exports possibly allowing venezuela to diversify beyond oil.
This necessary devaluation was only possible b/c of the social assistances (healthcare, subsidized food, etc) being offered in Venezuela.
The devaluation also offers the possibility of destabilization and an opportunity for the opposition students and others to increase crime. In this case the article nor the commentators give any creedence to the real reality that crime is being funded by the US through Columbia, and that the US was supportive of the coup in 2002, and really couldn't care less about democracy in Venezuela.
Venezuela has it's problems but it is doing far better under the current administration then administrations the prior twenty when it's GDP was declining. A basic level of criticism would be fantastic from the Washington Post, and from the commentators on this post.
- 2 years ago
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peterzylstramoore
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curtisreed
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peterzylstramoore:
Actually, Peter, you don't know what you're talking about. Your understanding of what constitutes a democracy is feeble and infantile. You seem to be one of those people who simply thinks that if there is an election it is therefore democratic. I suspect that was NOT your assessment of the 2000 elections in Florida, so perhaps you only apply that standard to leftist government.
Anyway, what do you know of Venezuela? I have family there, I've spent a lot of timethere, and i was an independent international elections observer during the presidential recall referendum. Google Curtis Reed, Venezuela recall referendum and you'll find references to our work and our report to congress and senate.
First of all, the Carter Center is recognized as a Fubar organization. Or did you not know that they had first certified the Fujimori election results and ignored calls to investigate fraud, until the evidence became overwhelming and they were forced to recant and then declare that fraud had been committed?
I am likewise convinced that they have screwed the pooch on this one too.
I'll attach a few details of what we witness in the next post.
- 2 years ago
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curtisreed
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curtisreed
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curtisreed:
a.. In the days leading up to the election, President Chavez had warned that with the Finger Print machines and the Smartmatic machines, he would know who voted against him. This was a threat, intended to intimidate the opposition. Remember that during the Referendum signature drive, voters who were government employees and who signed against the government were fired en masse.
b.. The CNE’s Junta Nacional Electoral President, Jorge Rodriguez, made comments to the public about the norms and processes while flanked by military Generals, another tactic apparently designed to intimidate the opposition by demonstrating that he had been given control of the military.
c.. The government ordered the police to remain in their barracks, leaving the people unprotected. In the opposition areas, the Chavistas operated with impunity, riding around threatening the people with arms, and in some cases firing on them. Meanwhile, in the "popular" sectors of town, the police were out of their barracks, apparently to help the government control the vote.
d.. We were threatened on several occasions, at least once with pistols concealed under the shirts of Chavistas who yelled threats and showed us their weapons.
e.. When we went into the 23 de Enero barrio, Chavistas working in the voting area turned into rabble-rousers and tried to stir the crowd into attacking us. The Plan RepÚblica troops did nothing to stop them, and when our safety was in question, they escorted us out. We could no longer observe the many irregularities in the area.
f.. We videotaped the damages to the home of the Primero Justicia coordinator, whose house was machine-gunned at around 3:00 AM of the morning of the Referendum. We witnessed that the government summarily fired thousands of poll workers previously accredited by the CNE, simply because they had signed the referendum against the president. In their place, the CNE actively hired pro-government workers that they called directly (in violation of the CNE's own election norms that stated that they had to be selected by "sorteo", or random drawing), and they brought in workers from other districts to work in the mostly opposition areas, and other clear violation of the norms. - 2 years ago
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curtisreed
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curtisreed
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curtisreed:
g.. We saw that the Comando Maisanta had obtained illegal “Security” badges and had illegally set up cordons and were blocking the entrance to the voting centers to members of the opposition (in the mostly Chavista centers, such as Catia).
h.. We received first hand reports from witnesses who saw armed Comando Maisanta and Circulos Bolivarianos posted outside voting centers, threatening the people who tried to vote SI.
i.. We witnessed military officers prohibiting the vote of people in the opposition areas because they were "wearing shorts", a violation of the constitution and their human rights.
j.. Thousands of voters who voted SI were physically assaulted at the voting centers.
k.. We were informed by an elderly woman that when she asked for assistance voting in a mostly Chavista area, a CNE voting officer asked her: “You need help voting?” then pushed the NO button for her and said: “There.”
l.. Armed pro-government “terrorists” of the Bolivarian Circles led by Lina Ron invaded a voting center in Avenida Urdaneta, of the Libertador Municipality in Caracas, and only allowed government supporters to vote. These terrorists fired their guns at the opposition that tried to vote.
m.. We saw that the military controlled the flow of people into the voting areas and slowed down the progress until we arrived. Witnesses heard them radio to their comrades that "International Observers have arrived. Speed up the flow." They then gave orders to change the flow of voters from 5 or so every 10 minutes, to groups of 30.
n.. Voting centers (in opposition areas) that normally had up to 9 tables were reduced to only 3 tables.
o.. The CNE dictated norms detailing the anticipated behavior of CNE employees in general and in certain possible contingencies, such as machine malfunction (by both the Smartmatic SAES machines and the Finger Print machines). - 2 years ago
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curtisreed
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curtisreed
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curtisreed:
a.. CNE workers refused to follow the CNE changes to the norms to either stop using the Finger Print machines when they malfunctioned, or, when it was determined that the machines were becoming a bottle-neck to the process, the CNE ordered that they be used as a final process or stopped, but the CNE employees adept to the government refused to obey the orders.
b.. Sixty CNE workers who were required to run the Finger Print Hunting machines (Caza Huellas) failed to report to duty on time, in violation of the CNE norms. This caused great delays in the voting process.
c.. Other CNE workers refused to open the voting centers on time, causing delays of up to three or four hours.
d.. CNE workers friendly to the government closed the polls at the wrong times, ignoring the Norms created by the CNE.
e.. Many voters who provided their fingerprints were told that they had already voted and could not vote. Some of these voters were arrested.
A Chavista table witness told us that she had personally told an elderly woman (in her seventies) whose fingerprint was rejected that she could not vote because she had already voted and accused her of trying to commit fraud. When we asked her if she knew that the machines had a margin of error and that the poor woman might have been wrongly accused of fraud, she told us she had not been told of that.
p.. We used stopwatches to time the flow of voters. In predominantly Chavista areas, we saw that the flow was rapid (roughly 1.5 to 2 minutes per voter). In areas that were predominantly opposition, the voting rate was much slower (between 5 and 10 minutes per voter).
q.. International Observers were blocked from entering some voting centers.
r.. In some voting centers, the review process was started without the presence of Opposition witnesses to guarantee transparency.
s.. Opposition witnesses and table members were physically removed from voting centers or blocked from entering and guaranteeing transparency.
t.. In the months leading up to the Referendum, hundreds of thousands, if not millions, of foreigners were given citizenship and immediate voting rights in massive ceremonies that literally filled stadiums, in violation of the immigration laws. These expeditiously nationalized people were allowed to vote in the referendum.
u.. In the days leading up to the vote, the CNE workers migrated voters out of their home districts and into districts many miles from their residences, sometimes into other countries. A pattern was discovered indicating that many voters were migrated from mostly Opposition areas into areas filled with government supporters. These areas are lawless and extremely dangerous, and many voters chose not to vote rather than risk their lives.
v.. When pro-government voters did not appear on the voting lists, in many cases they were immediately provided with a solution at that center and allowed to vote. Contrarily, opposition voters who were not on the lists were told they simply could not vote.
w.. Pro-government representatives paid money to voters who indicated that they had voted NO.
x.. We received denunciations that the military members who wanted to vote had to do so with their superior officers watching their selection.
y.. After the tabulation of the votes, citizens from many centers are reporting that the Voter Verifiable Paper Trail tickets printed by the machines have been found dumped in the streets.
z.. The CNE workers in charge of safeguarding the materials failed to complete their duties after the end of the referendum, since reports have flooded in that indicate that the Voter Verifiable Paper tickets were found dumped in the streets of some barrios. - 2 years ago
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curtisreed
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curtisreed
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peterzylstramoore:
sorry, but that is absolutely sad and pathetic. Chavez has NOT done what is necessary for his country. He has purposely done everything he can to destroy the private sector, appropriate private farms, destroy unions that opposed him, and it has severely damaged the economy.
I don't know what you're smokin' up there in Canada, but it sure doesn't help you comprehend the calamity unfolding in Venezuela
- 2 years ago
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curtisreed
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Brazil617MA
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I hope Venezuelan People take over their Goverment and dumb Chavez in IRan !
- 2 years ago
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Brazil617MA
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curtisreed
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If Venezuela still enjoyed a Democracy, this might be encouraging news. But I don't believe Chavez will ever allow his revolution to be voted out of office; prior behavior indicates that they are more than willing to force any real political opposition out of the country, fabricate evidence and arrest them, physically attack their supporters so they can't run a campaign without attacks, not to mention violate the constitution and international democratic principals by funnelling vast financial support to Chavez and his supporters without any funds going to the opposition.
All this and there is still the possibility that Chavez will rig the Smartmatic electronic voting machines and the centralized electoral system to simply alter the election results in their favor.
Urban Gypsy, you've done a wonderful job summarizing the ineptitude of the Chavez regime, but there are a couple of additional points to make.
Chavez tries to claim that the problems they have is due to the drought, which is partially correct. However, Chavez has donated literally BILLIONS of dollars to nations like Ecuador, Bolivia, and Nicaragu (not to mention Cuba) while failing to invest in the infrastructure of Venezuela. They've had major transportation arteries collapse because they failed to fix bridges that were falling apart, they've appointed totally incompetent and unqualified people to run major sectors of the economy and important industries such as petroleum, transportation etc. They are reaping what they have sown now.
By some estimates, the crime rate is SO absurdly high, there were more people killed in Venezuela (a nation of ~30 million) than the number of people who died in Iraq during the war there! Chavez took over the judicial system and put in Chavista judges, and then set the precedent that individuals engaging in crime against the wealthy were just "doing what they need to survive" and shouldn't be prosecuted. Now the situation is completely out of hand.
What's more, he opened the door to the FARC and the drug-trafficking cartels at the same time that Colombian President Uribe cracked down hard on them, and so they relocated their criminal activity out of Colombia and into Venezuela. The crime rate is indicative of organized crime rings raping and pillaging the nation, as well as activities by the Bolivarian revolutionaries to attack, kidnap, murder, extort, the wealthy, middle class, anyone who is a profitable target.
From the article:
This totally obviates the real level of idiocy in the Chavez gov't. Two years ago, Chavez replaced the national currency, the Bolivar, with theBolivar Fuerte, and arbitrarily set its value without real understanding of what the BF is truly worth. Now he has had to adjust the value of the BF, and it's essentially worth about 1/4 what it was a few weeks ago. But he didn't just readjust the BF across the board: he created an absurd double value, where it is 1/4 its strength for all imported goods (which is MOST of what Venezuelans consume), but he wanted food to retain its old value. That means that a cell phone that cost $300 is now worth $1200 BF, but he then imposed a stupid law that says that the vendors are not able to raise their prices to the $1200 value, or risk having their store "appropriated." Think about that: if you sold your inventory at $300 previously, and now that $300 is actually only worth $75, how can you afford to sell it at the same price? You can't!
These are the types of "tricks" Chavez uses to "legally" take over businesses and give them to his supporters.
But as you can imagine, this double-currency will create another opportunity for a black market and will exacerbate corruption and crime in the country as the people find ways of working around the absurd regulations.
Nevertheless, I'm not at all hopeful that this marks the end of Chavez or the Bolivarian Robolution.
- 2 years ago
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curtisreed
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UrbanGypsy
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[Continued]
Other problems weighing on Chavez include:
_ A hydropower-dependent electrical grid at risk of a devastating collapse as drought pushes water levels precariously low. The government has imposed electricity rationing, but Chavez called off rolling outages in Caracas after complaints of mistakes, including power cuts to hospitals and stoplights.
_ Declining output by the key oil industry caused in part, experts say, by inadequate investment and inept management.
_ A crime rate so alarming that police no longer release complete murder statistics, even as Venezuelans consistently deem crime their No. 1 concern. The government reported 12,257 homicides in the first 11 months of 2009, putting Venezuela among Latin America's most violent countries.
Critics say Chavez recognizes he is in a bind, explaining his increasingly confrontational attitude toward an opposition he apparently sees as an growing threat. They say he's afraid he could lose control of the National Assembly in elections due in September.
Elsewhere in Latin America, Chavez is also highly unpopular. A regionwide survey last year by Chile-based Latinobarometro found only 27 percent said they had a favorable opinion of Chavez. Chile's newly elected president, Sebastian Pinera, salted the wound by saying during the campaign that Chavez's Venezuela is "not a democracy."
Chavez also seems to carry less clout abroad these days. His bitter complaint that the U.S. deployment of troops in Haiti for earthquake relief efforts looks like a military occupation was vehemently echoed only by the leaders of Cuba, Bolivia and Nicaragua.
And despite his antagonism toward Washington, which he accuses of backing the failed 2002 coup, Chavez is linked inextricably to the U.S. because it is the top buyer of Venezuelan crude.
But to those predicting the beginning of the end for Chavismo, the president advises: "They should get some good chairs so that they can sit and wait."
Indeed, for many leftist leaders in Latin America, Chavez's success in galvanizing Venezuela's poor has been an encouraging example. Chavez has leveraged those alliances to amplify his voice.
And for all the recent complaints, Chavez remains Venezuela's most popular politician, aided by populist programs including cash benefits for single mothers and health clinics staffed by Cuban doctors. He has plenty of money to pump into those programs, especially after the devaluation effectively doubled Venezuela's oil earnings when converted into local currency.
Insisting his revolution is far from finished, Chavez has dared opponents to petition for a recall vote like the one he survived in 2004 with 58 percent.
"They say I should quit," Chavez said last week, "because I'm not worth anything, because the country is collapsing. ... Well, why don't they hold a recall referendum then?"
His biggest strength may lie in the weakness of Venezuela's opposition, which has yet to capitalize on the erosion in support for Chavez, who is up for re-election in 2012.
Not a single challenger has emerged who seems capable of breaking his hold on power.
- 2 years ago
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UrbanGypsy