February 15, 2016

SOCIALISM: PROTECTED BY THE CONNECTED AT THE EXPENSE OF THE POOR AND THE MIDDLE CLASS. AS USUAL. Venezuela Burns as Court Entrenches Gridlock.

The Venezuelan Supreme Court late this week ruled in favor of the country’s President, Nicolas Maduro, in his dispute with Venezuela’s National Assembly over a move Maduro made last month to increase his control of the country’s finances and economy. . . .

On Friday, the opposition’s leader Henry Ramos announced that he would announce concrete steps for setting up a referendum to remove the “national disgrace that is the government” in the coming days. The opposition had previously said that it planned to call a referendum within six months, but on Friday Ramos said that six months would clearly be too long. Maduro told his supporters “not to underestimate the threats Henry Ramos made today against peace and stability of the Republic.” No one should underestimate the chances for political violence erupting in the coming weeks and months.

To be fair, Venezuela’s “leaders” should have been hanging from lampposts years ago.

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