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Venezuela Announces Martial Law In Border State, Dispatches 1500 Soldiers
While Venezuela's collapse to a socialist singularity best defined by total economic devastation has been chronicled extensively here over the years...
... to the point where neither the country's hyperinflation, nor the total collapse of its currency...
... nor its return to a barter economy, nor even the fact that it has run out of condoms, fake breasts, or beer engender much of a reaction, perhaps the only thing readers seem attuned to is when will the social implosion lead to renewed political tensions which will likely result in another violent political overthrow, one which may or may not involve the local military.
Today Venezuela took a step in that direction when its president Maduro declared a state of emergency in a border region near Colombia following an attack by smugglers in which three soldiers and a civilian were injured, resulting in 60 days of martial law in five municipalities of the state of Tachira. He also said the closure of the border, announced on Thursday, will be extended until further notice.
Petrol and food smugglers have increasingly clashed with officers. According to the BBC, Maduro said Colombian paramilitary groups regularly travel to Venezuela, generating chaos and shortages in order to destabilise the revolution.
Many are openly speculating that the official explanation is bogus, and Maduro merely wants a pretext to deploy the army first to one state in which social tensions have led to violence and death as a test, then everywhere else where anti-government sentiment is on the rise.
Maduro said an extra 1,500 soldiers had arrived to reinforce the area. "This decree provides ample power to civil and military authorities to restore peace," he said in a broadcast on state television.
It also empowers the local army to deal with the population as it sees fit, and in general to confirm that Venezuela society is rapidly spiraling out of control.
On Wednesday, three Venezuelan army officers and a civilian were injured in riots with Colombian smugglers.
Venezuela closed its border with Colombia for the first time last year.
Colombian President Juan Manuel Santos has criticised the move. Mr Santos said ordinary people on both sides of the border, including children, would suffer the most. "If we co-operate, the only ones to lose are the criminals, but if the border is closed, there is no co-ordination and the only ones to gain are the criminals," said Mr Santos.
Tensions run high along the porous 2,200-kilometre (1,370-mile) border.
And unless the price of oil somehow rebounds, Venezuela, whose economy is entirely dependent on oil exports, will surely see tensions migrate to the capital Caracas, where a far more violent ending is assured, as well as the country's inevitable default. Recall as of a few weeks ago, according to the CDS market VENZ was determined to be the state most likely to default in the coming months.
Perhaps at this point the question is not whether Maduro will lose control - he will - but which US-baked banking interests will step in to wrest control of the Venezuelan oil industry from the state, and just how will this be implemented?
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Don't go into the camps.
You wont come out.
Venezuela, despite being perhaps No. 1 in oil reserves, is in deep, deep trouble.
You get the governments you deserve (elect).
Voting Socialist has its consequences. No more FSA receiving FS when other people's money runs out.
The problem is that if 51% vote Socialist, the other 49% also get the same government.
TP, diapers, milk, eggs, flour, salt sugar, pasta and/or rice, chicken and a veggie of some type…
How hard can it be for a state to assure those few items are for sale in abundance?
Oh.. and maybe Jack Daniels.
Venezuela is the poster child for exactly what is wrong with socialism/Marxism/communism. The "spreading the wealth around" only works for a very short period. Sadly,because those in power claim to be doing it "for the people", it takes armed insurrection to change anything, and then more often than not you end up with a tinpot dictator before a democracy is restored. In the meantime a generation or two is lost to its ravages. What a freakin' waste.
Yeah, this kinda says it all...
"Petrol and food smugglers have increasingly clashed with officers." (Edit: Because socialist oligarchies always provide so well for it's people...lol) "According to the BBC, Maduro said Colombian paramilitary groups regularly travel to Venezuela, generating chaos and shortages in order to destabilise the revolution."
A socialist-oligarch revolution never ends, it's like a Marxist Energizer Bunny and friends across the border BRINGING IN SUPPLIES to alleviate shortages are somehow the enemy of the revolution!...un-fucking-believable.
They take supplies out, not into Venezuela. Same reason they smuggle gasoline.
Hmmm, right you are, I gave myself a reddie for not knowing the particulars along that border.
So I guess Austrian economics is proven again, if a government subsidizes something you really do get more demand for that something ;-)
Well, that is more dignified and less painful than self immolation.
Your link seems ambiguous as to the direction of smuggling.
Miffed
I had to click the BBC link provided and then click another link in that second story to find the direction of smuggling.
He's right, Venezuela subsidizes damned near everything (being the socialist-workers paradise that it is...lol) making it lucrative for those in the next province over the border inside Columbia, to come over buy it? and then re-sell it in Columbia for a profit.
But somehow it'll still be the capitalists fault for seeking to profit at the expense of the socialists artificially lower market price manipulations I'm sure ;-)
Hence there desire for one world currency and government. Don't you see my dear Nmewn there would be peace on the Venezuela and Columbian border if this were to happen? Price stabilization would occur, violence and smuggling would cease.
These ungodly desires for self determination in capitalistic leaning societies must be controlled for the greater good. This is a tough battle because even in a young child, the core of freedom and drive to be an independent individual is strong. Therefore, it must be attacked at all stages of development and, hopefully, eradicated as a cancer on our societal body.
Only then will we attain Whirled Peas.
Miffed;-)
lol...with pungent notes of gardenia swirling around the tongue at first and just a hint of cinnamon as it goes down with a strong finish of skittle shitting unicorns.
Chateau Marx, 2015 ;-)
Smuggling would end if prices were left to float on their own and Venezuelans were given freedom to use whatever currency they want in their private transactions. They would all choose dollars.
OK. lets bring the capitalist pigs. lets bring Pinochet stile of democratic goverment and everythign will be fine. No more socialistic dumb plans for equality and other utopian plans.
C I A
And toss in some naive socialist incompetence for good measure.
CIA didn't do this...didn't have to...these fuckheads did it to themselves
what will be funny: a coup d'etat and then a completely dollarized Venezuela
Oh, I forgot...the dollar's going in the toilet....yeah, that's the narrative
I still think we should do what Seward did with Alaska and offer them four cents an acre......
I'm confused by that chart. That big country in the top left that's green? Looking at their debt, expenditure, and revenue numbers, I see nothing but an eventual default. Must be some numbers that slipped someone's attention.
Silly me.. I thought there were still some market factors at work in the global casinos.
Imagine the cries of patriotism and rush of energy from millions if the US military decided to go after the Rothschilds, Rockefellers, Bushs, Goldman Sachs, The FED and JP Morgan in an effort to restore democracy.
Funny how Russia, whom has one of the lowest debts, is in risk of default (even though sanctioned companies like Gazprom have paid back 28% of their debt in a couple of months), yet US is in the green since they can just print dollars?
This is becoming a huge joke.
Looks like it was created by the folks that publish the BLS and CPI data.
3 Americans praised for subduing gunman on European train
http://apnews.myway.com/article/20150822/eu--france-train_attack-5be2fb3...
We are different.
"Petrol and food smugglers have increasingly clashed with officers."
And there you have it. The tyranny in Venezuela is not getting their cut, so it's send in the military time.
Always about money, power, and division.
Zion is a scheme, not an ethnicity.
how do you say Jade Helm in spanish?? ask jeb bush he's all for it. .gov is still good at killing it's own people wish they were incompetent at that..but that's one thing they got down.
Things sure our going bad quickly. Maybe this is an opportune time to erect a stone edifice for the future spear throwing generations. It could read:
"Here lies the last remnants of a world culture that was destroyed by Zionism. Beware of the money changers! Before our demise we attempted to seal them in their underground crypts but nothing is for sure. Guard your children from the darkness and beware of the Shemitah!" You know, just in case.
How do 15 years of communist opression in Venezuela, preceded by 15 years of pseudo capitalist opression, have anything to do with Zionism?
Well for starters where did this roller coaster ride of oil prices originate? Then there is that default word. The people who are in control of the worlds central banks have an effect on nearly everything and lets not pretend that the great oil stores of Venezuela are not going to be a target.
"And unless the price of oil somehow rebounds, Venezuela, whose economy is entirely dependent on oil exports, will surely see tensions migrate to the capital Caracas, where a far more violent ending is assured, as well as the country's inevitable default."
I grew up in Venezuela with oil prices in a 15-25 dollar price range and there was plenty of food. The current "low" prices are triple what they were then.
How come oil-poor Colombia is doing so much better?
I think your right that oil prices are not the whole picture but having oil isn't always a blessing. Certainly socialism isn't helping Venezuela but it's only part of the story, they are also being punished by the banking system and the west.
China has loaned them money trying to keep them afloat with the IMF but the more Venezuela suffers the more likely the Zionists win out and so they will continue to suffer greatly. Some of what is happening in Venezuela is similar to what is happening in Greece, they will be punished and then they will take their assets and/or coup the country. They will come for us too eventually.
Is anybody looking at the fundamentals? Is anybody looking at the economic data and the metrics? Is Venezuela embarking on Q.E to infinity? Is Venezuela even printing any money? Come on people, this is not a new production. We've seen this play before and we know who the actors are, because they are type casted. Venezuela is a nation under constant financial attack, by the cabal that owns and controls every central bank in the world except 4 and associated interests and has finally cracked this year. Maduro has mismanaged there is no doubt about this, but I'm personally saddened the bigger picture being played out here is being missed by some. As for the chart of risk for sovereign CDS. It’s a fucking joke.
Venezuela's government thinks it can have an economy by just pretending it does. That it can print as much money as it wants without stoking inflation by just saying it won't. And that it can end shortages just by kicking people out of line.
Venezuela has the most oil reserves in the world, but not the most oil production. That's, in part, because Chavez regime and now the Maduro regime, have scared off foreign investment and bungled its state-owned oil company so much that production has fallen 25 percent since it took power in 1999. Even worse, oil exports have fallen by half. Why? Well, a lot of Venezuela's crude stays home, where it's subsidized to the you-can't-afford-not-to-fill-up price of 1.5 U.S. cents per gallon. (Yes, really). Some of it gets sent to friendly governments, like Cuba's, in return for medical care. And another chunk goes to China as payment in kind for the $45 billion it's borrowed from them.
There was an article here a while back reporting on how a lot of that 1.5 cent per gallon gasoline gets smuggled into Columbia and sold at the market rate there.
Yes, I was on that border and in both countries and the smuggle is flourishing more than ever. Well it's the arbitrage game of a lifetime. And almost safe too...
It gets smuggled through Tachira, where the guards just got "deployed".
Food also gets smuggled there, due to the ridiculous price difference.
Tachira is the place to go to trade with the world, in Venezuela. A place to exchange bolivars for dollars and viceversa, buy anything from Colombia and export anything through there.
Nigga please, financial war? Theres a hot war there that kills 100 people a day.
http://www.periodistadigital.com/imagenes/2010/08/18/morgue%20caracas.jpg
Collectivists, whether they are socialists or corporate fascists, it always ends badly.
So what are they paying their soliders with, Bitcoins?
Officers get dollars, troops get looting and extortion licenses.
And these are national guards on the bridge.
Nothing personal to my southern brethern but you're on your own - I'm concerned about my own country right now.
the problem with socialism is that every new generation of idiots thinks that *they* can do it "right".
ok, i thought you were going to say something else