“Chavez is everywhere, we are Chavez, you are Chavez,”
The bet on gold that former Venezuelan President Hugo Chavez made in the final years of his life is collapsing at the wrong time for his country.
The existence of a black market in diapers and toilet paper is a sign of just how badly the economy is failing.
“The only way your savings are really savings is by turning them into dollars. If you have them as bolivars, they will devalue so utterly fast that there’s just no point.”
“The revolution will bring the country the equivalent of 50 million rolls of toilet paper,” Fleming told a state news agency.
Despite being an oil power, Venezuela ran deep into debt as the price of oil fell. Meanwhile Chavez took over the oil on “behalf of the people” and gave away sizable amounts of it to Cuba and to the Kennedy clan.
Chavez’s last election was his weakest yet as the economic implosion of Venezuela became even clearer. Without Chavez, the left has to count on his union thug replacement, Nicholas Maduro, to beat Henrique Capriles, the man who almost beat Chavez.
A month later, Meeks, a member of the House Foreign Affairs committee, traveled to Venezuela as part of a mission to thank Chavez and other leaders for a program that provided heating oil to Americans. A year later, Tirado was indicted in Venezuela on charges of swindling and tax-evasion.