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Venezuela Plunges Into Darkness As President Maduro Lays Out Socialist Vision On National TV
A mere two months after the last widespread blackout to hit Venezuela, major parts of the nation are once again dark tonight as a power outage hit during President Maduro's evening address laying out his new economic philosophy (the inverse of Bernanke's):
- *MADURO SAYS VENEZUELANS MUST SAVE MORE, CONSUME LESS
The blackoutt has affected some of the nation's oil refineries (even though they are often powered by separate generator plants). Maduro himself said this evening's blackout cause was "strange," hinting at "sabotage" and not caused by excess demand (since the same substation that was sabotaged in September has failed). Perhaps it is time to spend what little discretionary reserves the nation has left on infrastructure instead of Samsung trinkets and military bonuses to keep the people at bay.
Blackouts reported in at least 11 Venezuelan states, state television reports (via Bloomberg).
• Western Venezuela, including states w/refineries Zulia, Falcon, Carabobo worst affected, says state TV
• PDVSA spokesman couldn’t be reached for comment
• Blackout caused by failure in same substation which plunged 60% of Venezuela into darkness for several hours Sept. 3, Electricity Minister Chacon says on state TV
• Sept. blackout caused by sabotage: Chacon
• At least 4 of Caracas’ 5 boroughs left without power
• Caracas power to be restored in one hour: Chacon
• President Maduro ends televised national address in presidential palace during blackout, says blackout cause was “strange”
• Power cut not caused by excessive demand: Chacon
The end result:
Before and After...
Durante y después del #apagon en #Caracas #sinLuz @ElUniversal @elcurumeno @ElNacionalWeb @la_patilla pic.twitter.com/A63JVzHfLl
— Andreaigv (@AndreaigV) December 3, 2013
Some color on his new vision for the country which was being presented on national TV just before the blackout struk. Via Bloomberg:
Venezuela President Nicolas Maduro, speaking in national address on television and radio, says decree will be ready “within 24 hours.”
* Individuals will be able to open FX accounts in euros or dollars in state banks to import cars: Maduro
* Law decree will lower prices for used, new cars: Maduro
* Govt will set prices for new cars: Maduro
* Manufacturers must inform of weekly car production: Maduro
* Prices for used cars can’t exceed prices for new cars: Maduro
* Venezuelans must save more, consume less: Maduro
* Venezuela economy needs fair prices, reasonable profit margins: Maduro
Govt officials in Venezuela say power to come back online within the hour. Calling the blackout 'strange' and hints of 'sabotoge' they say
— Gabriel Elizondo (@elizondogabriel) December 3, 2013
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This will not end well...
It's not going to end well anywhere. And the thing is, he's likely right. People should save more and consume less... But not by the barrel of a gun. Rhetoric is always the cover used to control the masses to benefit the few... Doesn't much matter if the rhetoric is socialism or communism or capitalism.
Maduro himself said this evening's blackout cause was "strange," jinting at "sabotage"
jinting?
is that like jintao? as in hu jintao? as in hu dunnit?
why are the chinese always the fall guy?
Who runs Barter Town or in this case Venezuela?
http://www.youtube.com/watch?v=Hgq4w4dqKsU
Ain't socialism grande?
Venezuala is a side-show compared to the apocalypse unfolding in the Ukraine.
http://www.planbeconomics.com/2013/12/apocalyptic-clashes-between-ukrain...
that was a nice battle, im taking notes for when it happens here. fire and caustic gasses seem to be a winner against the state.
Anything incendiary will do.
If only progressives had more power in Venezuela.
Perhaps Paul Krugman can write a piece about how Venezuela is failing because it does not print more sufficient amounts of money to spend its way to prosperity, like he keeps saying we need to do more of in the United States.
Love the dude in the knight helmet!
Ain't CIA sabotage mal?
Good to see it in its true form. Probably not for the Venezuelans though...
wtf tyler?
you're not allowed to change the article after i've posted and made fun of your spelling error!
Funny looking eyes and small things which apparently has no impact on reproduction.
What barrel? What gun?
Trijicon or MeproLight tritium night sights, get 'em while you can afford 'em and find 'em.
Also, to identify targets or friendlies, get a good weapon-mounted light on your long guns, and a tactical flashlight like a Surefire for your support hand to use with your sidearm.
Practice night shooting, and if you can find and afford one, take a nighttime force-on-force course.
And you don't want to be in the city when the flag goes up.
This is a great place to get night vision stuff.
http://www.jrhenterprises.com/Night-Vision-and-Thermal_c3.htm
I think the owner has a sale going on right now...
DaddyO
and don't forget this ...
http://www.bulletproofme.com/
"This is a great place to get night vision stuff."
Reminds me of the Cajun who called off the war because they couldn't afford to feed the US army as prisoners.
That site is nothing but one big wish list! Thanks.
Don't buy anything less than Gen 3. Trust me. If you can only afford Gen 2, keep saving.
$100 less than regular sale with goodies and a infared imager for free was on black fri. Just can't pull the trigger myself.
Saving for FLIR, FLIR rocks!
Done. Nice stocking stuffer for me and CZ 75. Thanks.
**Practice night shooting, and if you can find and afford one, take a nighttime force-on-force course.**
Quoted for truth.
I'm not much of a shooter, but taking a low-light firearms course was, to say the least, eye-opening.
Are there any decent lower light and lower cost ACOGs or scopes?
Mixed feelings about night sights for pistols. If it's too dark (like your photo), I can't see/identify the target, and if there's going to be an engagement in that environment, it's likely to be at distances where sights are irrelevant. On the other hand, in environments where I can see/identify the target, there should be enough ambient light to get a decent sight picture with standard contrast sights.
That being said, replacing the standard bead with a Meprolight Tru-Dot bead on my 590a1 was the 2nd best $35 (Amazon) upgrade I've made to any gun...closely behind the $35 Streamlight PolyTac LED mounted on it (mount not included), and the one on my AR, and the one in my car, and the one on my nightstand, and the one in my downstairs pistol box...there is no better flashlight for the money, IMO...they make excellent stocking stuffers!
Sabotage? But have they burned der Reichstag yet? Then they can go after the "saboteurs".
FORWARD SOVIET!
.Sehr gut!
They have free health care so what is the problem?
Save more? Not on track with Ben....there's the problem
Save what? Every dollar earned was already spent years ago through national deficit spending. "They fuck you in the drive through". They know you are going to be miles down the road before you realize you're fucked.
https://www.youtube.com/watch?v=um30Lbu6-nc
Save? In the local currency what would a Bolivar be worth in ten years at fifty percent inflation? Answer: a milliBolivar.
A Nano-GoldGram?
A Pico-Satoshi?
Will they be saving gold and silver?
I think Maduro meant "Investing", and the Banksters have a "real nice" plan for them.
They just need to go full-on communist, and they'll be fine.
Did you here about the commie who tried to change a light bulb?
it takes a village + 1
one person to hold the light bulb, and the rest of the people to rotate the house around him so the light bulb goes in.
See, that's a proof that you need a government. Without that visiting government official the village wouldn't be able to change the bulb. Or, save electric power as the case may be in Venezuela.
It takes +0
but two to paint it yellow and convince everyone else it still works.
Hey C666 did you just catch that reversal in aud/usd. As if I didn't see the 4 HOUR CHART? You douche bag cocka'roach basement hedge fund clowns! Your asses are toast!
Nope. But watching the USD not budging is amusing. The AUD is sell on China GDP and Aust yields. Could be a juicy short on the AUD coming up
@ chump666 BTFD in aud . It's still 2.5% carry.
noted.
No one is buying the USD cept the Fed on the 80, my financial conspiracy theory, as they know it's a c-hair away from a freefall. Similar to the EUR protected by the ECB at 1.30.
AUD looks oversold, should, maybe rally to the 5day on a daily. All markets could be capped sideways till 2014...unless, yes, war breaks out. That's the hedge from hell.
save more with inflation out of control. Once again - THE GOVT IS NOT YOUR FREIND.
I agree. But, I have a questions I just want to throw out as food for thought or what have you. I'm thinking... for those more knowledgeable, wiser, and more experienced than me.
If people start saving rather than consumerist spending, what happens to the Velocity of Money? Does the Velocity of Money have meaning? Does MV have any meaning to GreenBenYellin?
Just questions. What happens if MV = 0? Not that I think it would really go there, unless the concept of money is abandoned and there is a return to barter only. Which I don't think will happen either. But what do you think would happen to prices? Do you think prices could remain high with little movement of money in the economy? Or do you think that prices would come down in a significant way in order to try and make a sale? Or do you think, "Only The Shadow Knows".
May you live in interesting times.
Only vampires have to worry about the velocity of my money.
http://apocalypticammunition.com/ammopage/demo.php
Good one Possible Impact.
In a Gov't controlled command economy, who knows anyway.
Velocity of money is a monetarist propaganda term. Test: what is the velocity of money in your personal portfolio? See how stupid the concept is? Another test: Austrian economics doesn't use the concept. Hope that helps.
Thank you Opinionated Ass. Makes sense.
I don't know how to discuss MV. It doesn't have any meaning to me, and I don't recall studying it in economics (Austrian school of thought).
However, if people save vs. spend, then demand goes down, and (all else being equal) price goes down.
TY Serenity.
From my post above, it made the most sense to me when I was forming the questions in my head that:
"...prices would come down in a significant way in order to try and make a sale"
Cheers
Yes Sir,
I saw that you had answered your own question. Most of this is really commen sense.
Cheers. :)
Prices would go up because people would increasingly realize that their (fiat) currency cannot buy anything.
The entire point of electricity and lights is ... to have them on when its dark outside.
Why do dictators never get this?
Bush's fault.
wonder what kind of healthcare they have? Socialist or....
It doesn't matter as it all comes from the heart. Yours, not theirs.
Can we send our marxist/progressive/socialists there to help them save more?
If one is wiping their ass in the dark they can't tell how much toilet paper they're using to get clean.
So they'll use less!
Fucking Forward!
The majority of the world uses water to clean their ass, toilet paper, or corn-cobs simply irritates the anus.
Much of western problems result from putting objects up their ass rather than just using fingers and warm water.
I know since I came to live in Asia some 20+ years ago I never have anal itching or hemmrhoids.
I hope ameriKKKa CHokes on their fucking toilet paper, but personally I think they're return to corn-cobbs and glory holes, like the old days.
"Cargo-Cultists say" ... "Did you know that americans stick trees up their ass after they shit?" ... " Fucking crazy, eh?"
so you stuff your finger up your ass to wipe? O Kaaay we get it, you're superior.
carlin,
First of all, the majority of the world's standard of living is NOT something I aspire to. Especially when it comes to cleanliness and how to remove doo-doo from one's boo boo.
You go ahead and use your finger (live and let live), and I will continue to love and adore Charmin Aloe.
Have you ever used tp, by the way? Asia does have it, you know. And you don't stick it up your boo boo in case you didn't know that.
EDIT: NO OFFENSE WHATSOEVER intended for boo boo, the poster here on ZH! I just used the term boo boo in lieu of butt, booty, bohonkus, whatever! ;)
nmewn,
Did they get some toilet paper in Venezuela? I hadn't heard! ;)
Sure, save your bolivars which are rapidly becoming worthless. Soon, that won't matter anyway because there won't be any shops open where you could spend them. Anyone who follows Maduro's advice is going to regret it.
Well if the Coach handbag in the background is real (which I doubt it is), maybe Herr Dictator is on to something with the encouraged savings in a black-out banana republic with no AC capacity in their summertime. Everything else he's done is farcical in this tragicomedy.
Aliens maybe?
http://www.zerohedge.com/news/are-aliens-buying-louis-vuitton-handbags-w...
Bananas?
https://www.youtube.com/watch?v=EV4N2dk0cMk
"Govt officials in Venezuela say power to come back online within the hour. Calling the blackout 'strange' and hints of 'sabotoge' they say."
North Korea, Al CIAda, Iran, or Snowden? Or E, all of the above?
who cares?
the strongest will survive, let's let the law of nature decide, and not worry about it.
rand was right!
Rand is dead, so I guess she was right.
Just can't help yourself
Guilty.
Dead Right has long been a winning position? Right?
Me thinks the majority here has never read Ayn Rand, but that said Rand wrote fiction, and as Mark Twain said "Fiction has to make sense",
Mark Twain also went on to say "Truth is always stranger than fiction"
I think Galt is 100% right-on, but irrelevant to the truth of the street, for the truth is most organisms are parasites, just like yesterday about 2/3 of ameriKKKan's not trusting each other, ... fuck no when +60% feed at the public trough, 2/3 hate the 1/3 that's covering the TAB.
But Rand wrote fiction because in the reality there is no "Galts GulcH' for the ELITE to run and hide, in the truth the parasites always get all, until there is nothing left to rob, rape, or steal.
I think Rand give's HOPE, but its the same kind of HOPE that Obama gave you, like the Joker said "I told you my drugs would take you places, I never said they would be good places".
The difference is that Obama gave hope with Lies. Transparency,accountability and non partisanship. Right...
Rand wrote fiction that while she believed contained truth, never claimed it anything but fiction. Nothing wrong with hope as long as you know what it is you are basing it on.
A fucking liar is still a fucking liar, even if they believe the ends justify the means.
Obama is a F.U.C.K.I.N.G L.I.A.R.
Just like every other one before and after.
I admire your relentlessness.
might makes right
which is why the USD is reserve currency
for BTC to make reserve currency, they better get some merc army's on the payroll and start killing at least 50Million and quick, other wise they'll never make 'reserve'.
You can keep your candles if you like them.
Reid. Pelosi and Obama have a new comrade in South America.
I love a scented candle.
hmmm.
the Cobbler's son has no shoes?
Wiping asswith finger in the dark! Ooops ?
No reason to fear the dark.
Laser illuminator
https://www.youtube.com/watch?v=GHovgIwF_lY
That was a good one oldwood.\ Laser designators.
I have the subzero model on an FNAR 308 and a good leopold scope. A nice package.
Leupold takes second to none Tactical Scopes | Leupold Optics Have them on my 270 mag and odd6.
Interesting find at gun show yesterday
http://www.infiniteproductsolutions.com/#sthash.s7utMbyp.dpbs
Gun lubrication? I don'tthink so...
Anybody getting into 6.5 Grendel? I heard it is pretty awesome. Sadly guns scare me.
Any lower cost options for ACOG or lower light scope capable for an AR platform? My guess is the zombies will come at night.
"They mostly come at night...mostly"
https://www.youtube.com/watch?v=B436avtEXzs
when I bought, prepping type weapons, i focused on the standard rounds....9mm, .40, .45, 5.56, 12 ga. Why? So if it does come down to it, then my group can use the rounds we take off the zombies....now, we have alot of our own, but, it is nice to have a fresh usable supply.
coming to a neighborhood near you soon 'merkins
Why can't the power go out when OUR Dear Leader is speaking? Venezuelans have all the luck...
We can dream.
https://www.youtube.com/watch?v=00xStn_jXKo
Using ambulances for election campaigns. I guess fewer are being shot due to the darkness these days.
http://devilsexcrement.com
Central planning fails again. The Great Leader is thwarted by his enemies. His enemies are his own plans. It's time for him to find the Venezuelan Galt and command him to fix the power for the people. Are the requirements for a great leader all philosophical?
You're a floundering poet' looking for a new exponential literary conduit!!!
It was sarcasm, Yen. John Galt or any great leader as a savior is just a delusion of mankind.
I felt offended. I felt left behind. Where's my trophy?
I have a large stock of "One of the Best" trophies for sale.
@ Reaper I hope your well trained mind is the answer to my query... Gifted mentally you are.
John Galt is a worthless PUSSY that preys on the misforgivings of the " Middle Class".
John Galt is the/exlemplifies the middle class of Rome and ancient Mesopotomia.
Playwrites are just puppets.
Interesting, what the fuck does Ayn Rand have to do with Venezuelan economic paradise?
Shit if Obama had his way he would be doing a 'Chavez' in the USA.
I do concur that the CIA probably put out the lights, ... Madura is so fucking hated by the USA as he is one of the few on the planet that doesn't suck CIA/NSA/FBI/DHS cock.
Hypocrisy has on limits for zero-heads, on the one hand they diss fucking 'obamacare', on the other hand they diss cuba/venezuela for providing almost free universal healthcare.
The only thing that ZH respects is when the fuckers are winning over the fuckee's.
A few us keep rooting for Venezuela and CUBA, cuz somebody has to tell AIPAC/BIS to go fuck themselves.
Carlin who? You should use your talents to build, not destroy.
Rooting for dictators?
You a big Hitler fan?
Dig you some Stalin?
Lovin' that Mao?
You are one confused dude,pardon my french
Oh! free healthcare? Are they getting benny bucks too or is it just more money from heaven. All of these utopian socialist havens around the world. I just can't figure out why they keep coming here?
You are right on a couple of points, but the "Free Healthcare" ain't one of them. You're lucky to get a bandaid. Anyone that can, has private insurance, unlike the state sanctioned robbery in the USSA.
He was good in bed right? Give the guy credit for something.
Where are all the U.S. socialist praising this great achievment? This is our future. Dumping in a bucket with nothing to wipe with while crowds chant"Yes you can"
their gas price is 12 cents per liter
Then they should all buy generators instead of iPads . End of blackout fears and large market then for ChiCom gennies .
Question, have there been any control system upgrades? If so, who were the manufacturing vendors and contractor of installation? That's all we need to know. Kindly share. Thanks
Per Tyler's post yesterday about Ukraine, I had to ask my sources in Eastern Europe what is going on. I overheard some of the elevated conversations today. What is amazing to me is that the Russian populace is supporting the Ukranians, both East and West. I can not recall this ever happening before.
Here is an interview free of western BS.
http://www.boatingaccidentnews.com/interview-what-just-happened-in-ukraine/
Good read, thanks.
Thank you Sir.
It's hard to believe that it's worse to live in Ukraine than in the EU.
Socialisme.
Coming to an America near you
Any socialist leader: If you like your electric power, you can keep your electric power.
Socialiesme is what you meant, right?
Electrical infrastructure is hard to counterfeit/debase, lies bullshit and double speak don't cut the mustard, CA is having problems like this too, LA is 1 substation away from a Venezuela meltdown.
Fuck You CIA.
Save more what, fiat?
anyone else had enough of this rothschilds run soros cia bulls shit.
a new but old order from mainly fake kaos.
this like ukraine stinks of saturnic jewish stuff.
http://www.youtube.com/watch?v=2GahJ-pxZqU&feature=c4-overview&list=UULb...
This story is linked on Drudge Report
The CIA is very active in Venezuela.
Venezuelans are asked to save more so the government will have more to access.
that...plus what are they going to spend it on?? their currency has no real value, they have no shit paper, now no electricity....why not save?? are there any iGadgets they can buy that will help them with the two previous problems?
MADURO SAYS VENEZUELANS MUST SAV...<PUFFFF!!!>
Individuals will be able to open FX accounts in euros or dollars in state banks so government can seize these money.
The banksters and their mining corporations hate Venezuela because they refuse to allow their energy and mineral wealth to be looted by foreign powers. Its the CIA (minions of the banksters) who are stirring trouble in Venezuela - I'm sick of this distorted reporting of events coming from ZH.
RENT is not earned - and revenues from oil and gas belong to the people. Why should we say it is ok for banksters and their oil and mining corporations to steal all the wealth of nations and put it in their own pockets?
The earth belongs equally to ALL people, real estate was not created by labor, nor was oil and gas created by mans effort. So the profits derived from it should be returned to the people - that is not socialism, it is LAWFULLY returning to people the wealth they already own.
Its time to understand that real estate is NOT private property - and that everyone has an equal interest in the land. If someone has a monopoly over some land, then they must compensate everyone else. When someone prevents you fishing in a river, or hunting in a forest, or swimming in a lake, or walking on a trial, or growing a garden in a field - then they must pay you compensation - because that land belongs equally to everyone.
What did the Socialist use before candles?
Electricity.