Venezuela Jails Over 100 "Bourgeois, Barbaric, Capitalist Parasites"

Tyler Durden's picture

"It's time to deepen the offensive, go to the bone in this economic war," warned Venezuelan President Maduro - echoing Hugo Chavez's iron fist of socialism (and nationalization) before him - as his decision to jail over 100 businessmen is "defending the poor." As Reuters reports, plenty of Venezuelans have applauded his measures, saying price hikes were out of control, while others have expressed fears that Maduro could be uncorking dangerous forces as opposition forces note Maduro's economic policies were "chillingly similar" to those of Zimbabwean President Robert Mugabe. Officials say unscrupulous companies have been hiking prices of electronics and other goods more than 1,000 percent. Critics say failed socialist economic policies and restricted access to foreign currency are behind Venezuela's runaway inflation. No matter which, Maduro thundered "They are barbaric, these capitalist parasites!"

 

 

Via Reuters,

Venezuela's socialist government has arrested more than 100 "bourgeois" businessmen in a crackdown on alleged price-gouging at hundreds of shops and companies since the weekend, President Nicolas Maduro said on Thursday.

 

"They are barbaric, these capitalist parasites!" Maduro thundered in the latest of his lengthy daily speeches. "We have more than 100 of the bourgeoisie behind bars at the moment."

 

...

 

Officials say unscrupulous companies have been hiking prices of electronics and other goods more than 1,000 percent. Critics say failed socialist economic policies and restricted access to foreign currency are behind Venezuela's runaway inflation.

 

"Goodyear has to lower its prices even more, 15 percent is not enough, the inspectors have go there straightaway," Maduro said in his evening address, sending officials to check local operations of the U.S.-based tire manufacturer.

 

...

 

Like Chavez, Maduro says he is defending the poor.

 

...

 

"It's time to deepen the offensive, go to the bone in this economic war," he said.

 

Only a few of the hundreds of shops targeted with surprise inspections had been found to be offering "fair prices," officials say. Some businesses are voluntarily lowering prices - or staying closed - in case the inspectors come.

 

"We've reduced everything by 10 to 15 percent, but it's not fair. I can't make a profit now," said the owner of one small electronics store, who asked not to be identified.

 

...

 

Venezuela's official inflation, 54 percent annually, is the highest in the Americas.

 

...

 

Prominent pro-opposition columnist Nelson Bocaranda said Maduro's economic policies were "chillingly similar" to those of Zimbabwean President Robert Mugabe. The African leader also used security forces to enforce a price crackdown in 2007.

 

...

 

"This shows the economic chaos Maduro has got us in where prices have no logic. The government created this monster and now tries to pretend it will control it, but Venezuelans cannot be deceived by this electoral show," Justice First said.

Still, on the bright side, look at their stock market this year! That must mean things are going great, right?

 

Think of the wealth effect?

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Cognitive Dissonance's picture

I would be satisfied if we just started with the heads of the head banksters over here.

<Pipe dream.>

GetZeeGold's picture

 

 

Please tell me you're not in Venezuela.

hedgeless_horseman's picture

 

 

lol

They actually believed that if they liked their purchasing power they could keep their purchasing power. 

Idiots.

GetZeeGold's picture

 

 

They have purchasing power.....they just don't have toilet paper.

 

No....I'm not sure why.

BaBaBouy's picture

The Bernank And Gang, Please Move The Venezuela ...

strannick's picture

When his debt fueled inflation takes off here, I'm sure Obama will take responsibility for his actions, and not simply resort to empty rhetoric and show trials

hedgeless_horseman's picture

 

 

Yes we can (in nominal terms)!

GetZeeGold's picture

 

 

Thanks...seeing it in pictures really helps clarify things.

Pure Evil's picture

The one thing they all seem to have in common besides being idiots is the use of the Iron Fist pump.

dontgoforit's picture

It's the EVIL Solidarity hand sign.

hedgeless_horseman's picture

 

 

They are gripping tightly their thirty pieces of silver.

BaBaBouy's picture

CLENCH Your Fist And REPEAT After US: ""Cha-CHING"" ... Lol

Charles Wilson's picture

Maduro is simply protesting against the Capitalist Cartel that is keeping the Socialist Big Screen TeeVees out of the hands of the huddled masses yearning to watch Jerry Springer in the Socialist Paradise of Venezuela.

I mean, let's get serious. How can you compare the Big Screen TeeVee made in Cuba with one you can get at any WalMart?  Have you seen what Zimabawe can do with a Chinese LED Panel?

It's obvious that the Capitalist Parasites cannot compete with Big Socialism.

Millions of dead people in China and the old USSR can testify to that.

 

CW

Meat Hammer's picture

They are gripping tightly their flash drive holding their backed-up Bitcoin wallets.

I now await junkapalooza.

Bay of Pigs's picture

Yeah, they like fisting alright.

Overfed's picture

Oh, you're all jus rayciss and sexiss, and can't bear to see women or people of color holding power.

 

 

 

 

 

 

 

 

 

Do I really need the /s tag?

LongBallsShortBrains's picture

The proper use of the contraction gave you away.

Richard Chesler's picture

"We've reduced everything by 10 to 15 percent, but it's not fair. I can't make a profit now,"

Quien es Juan Galto?

Flakmeister's picture

En la mente de un Randian errónea

A Nanny Moose's picture

Except that Atlas Shrugged has transitioned from Fiction to Documentary.

Flakmeister's picture

Oh, really? 

You do realize that the closest thing to a John Galt figure today are people like Elon Musk and until he passed away, Steve Jobs. People that really believe in something do not walk away from their vision like petulant children...

It has never happened.... 

Take the red pill...

Big Brother's picture

Are you thinking what I'm thinking? Fiat-to-toilet paper conversion plant:  infinite supply - lots of demand.

Svendblaaskaeg's picture

If you like your Fiat paper, you can keep your toilet paper

Cognitive Dissonance's picture

Sorry. I thought everyone here on ZH knew I was living in Amerika. :)

Bearwagon's picture

From over here (EU), you are living in Amerika also if you are in Venezuela.  ;-)

Mr. Magoo's picture

Where can I get that colorful outfit Mugabe is wearing, I will bet its made in China

dontgoforit's picture

Imported through Chicago via Kenya.

RSloane's picture

So he has arrested and imprisoned some of our congress!?! Thank you Venezuela!

Bangin7GramRocks's picture

As a citizen of the United States, I would like to help our neighbors to the south and donate 6 Walton's, 1 Dimon, 1 Corzine, a bunch of DuPonts and a gaggle of Rockefellers to the cause.

orez65's picture

"... and donate 6 Walton's, 1 Dimon, 1 Corzine, ..."

Please may I add to your list the following: Jane Fonda, Michael Moore, Nancy Pelosi, Barrack Obama, Larry Summers, Ben Bernanke, all Union officials in the US, all liberals in the US ...

PaperBear's picture

These aren't the parasites you're looking for.

Terminus C's picture

Look north to DC and NYC and you will find the true parasites.

Urban Redneck's picture

Yes, but that little cunt doesn't have the balls to do face off with DC & NYC, or to cut off the oil, so instead he will stomp on his own people and the rule of law, and make everyone poorer and in doing so ensure that in order to rid Venezuela of his worthless ass, some of his subjects will most likely make a deal with the devil that he can't even stand up to.

It's because of ass clowns like this that the intelligence services are have such an easy time implementing their most atrocious designs.

XitSam's picture

He stomps on his own people and tells them he is doing it to save them from evil capitalists. And they accept it.

Coming soon to your country.  This will not end well.

Meat Hammer's picture

He stomps on his own people and tells them he is doing it to save them from evil capitalists. 

I seem to remember a skinny Kenyan around the DC area doing the same thing.

Took Red Pill's picture

coming soon to the USA

GetZeeGold's picture

 

 

Everything is in place.....just waiting for the kill order.

Sudden Debt's picture

It think it's somewhere between second 1 and minute 10...

dontgoforit's picture

Obama's Cloward & Piven Strategy.  Keep pouring it on until the cup floweth over.

ParkAveFlasher's picture

Another CIA marionette jingle jangles across the international puppet stage.  

Race Car Driver's picture

+1 Pop-culture reference

 

And if you hear vague traces of skippin' reels of rhyme
To your tambourine in time, it's just a ragged clown behind
I wouldn't pay it any mind, it's just a shadow you're seein'
That he's chasing

- B. Dylan (Zimmerman)

 

History doesn't repeat itself, but it does rhyme.

- M. Twain (supposedly)

 

The last 100 years of history has been played like a broken record.

Proofreder's picture

 I really don't care anymore
About all the Jim-Jims in this town
And everybody putting everybody else down
And all of the politicians makin' crazy sounds
All the dead bodies piled up in mounds, yeah

And I just don't care anymore.

 

Lou Reed 

May he rest in peace, but I have my doubts

bob_stl's picture

The sweet pretty things are in bed now of course
The city fathers they’re trying to endorse
The reincarnation of Paul Revere’s horse
But the town has no need to be nervous

The ghost of Belle Starr she hands down her wits
To Jezebel the nun she violently knits
A bald wig for Jack the Ripper who sits
At the head of the chamber of commerce

- B. Dylan
bob_stl's picture

Now his nurse, some local loser
She’s in charge of the cyanide hole
And she also keeps the cards that read
“Have Mercy on His Soul”
They all play on pennywhistles
You can hear them blow
If you lean your head out far enough
From Desolation Row

- B. Dylan
dontgoforit's picture

'I used to care, but things have changed.' - Dylan

screw face's picture

One can't EAT, Drink or BREATH money.......bank on it.

pods's picture

And they are pissed about electronics being too pricey?

They have a long way to fall still.

pods