Oh The Joys Of Socialism..................NOT!

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Re: Oh The Joys Of Socialism..................NOT!

Post by Ken0069 » Sun Nov 25, 2018 4:30 pm

World View: Socialist Venezuela Oil Production in ‘Freefall’ as Infrastructure Collapses
This morning’s key headlines from GenerationalDynamics.com

Socialist Venezuela oil production in ‘freefall’ as infrastructure collapses
Russia rebukes Venezuela for non-payment

With over one million refugees from Venezuela having fled to other countries, with dozens of people dying violently in Venezuela every day, Venezuela’s dictator Nicolás Maduro’s Socialist policies seem to drive the country further into disaster every week.

In 2017, Venezuela was producing two million barrels of oil per day (bpd). But by September of this year, output had fallen to just 1.4 bpd. According to Fatih Birol, the executive director of the International Energy Agency, “Venezuela production is in a freefall and we expect that soon it may go to even below 1 million barrels per day.”

Venezuela has some of the largest oil reserves in the world and Petróleos de Venezuela S.A. (PDVSA) was once one of the biggest oil producers in the world. But socialist dictator Hugo Chávez nationalized ExxonMobil’s Venezuelan assets in 2007 and turned them over to his crooked cronies who did not know anything about running an oil company. Venezuela’s oil production has been steadily declining for years. Average oil production declined dramatically over the past two years, by 12 percent in 2016 and again by 13 percent in 2017. Production in December 2017 was 27 percent lower than a year earlier. And this year it has fallen even farther.

Late last year, Venezuela’s socialist president Nicolás Maduro appointed a military man, Major General Manuel Quevedo, head of PDVSA, with a mandate to increase production and rid the company of corruption. Quevedo treated the engineers and other professions contemptuously, even calling them “thieves and saboteurs.” Tens of thousands of employees left the company, and Quevedo replaced them with soldiers who knew nothing about the oil industry.

The result has been a collapse in infrastructure, as engineers who were needed to maintain the busted valves, ripped gaskets, cracked pipes, and so forth were forced to leave. Contractors who were experts in cleaning up oil spills have gone out of business because PDVSA was not paying them.

The means that oil production is decreasing and oil spills and leaks are increasing. PDVSA is unable to clean up spills after years of neglect, scant investment, and corruption scandals. Pools of oil are polluting waterways and farmland, causing a pungent odor.

Urban areas have been hit, too. Early this year, the contents of a ruptured transport line blackened the Guarapiche River in Monagas state. A water-purification plant on the river was compromised and the authorities shut it down for more than a month. Local schools canceled classes, and government offices reduced office hours because water was so scarce.

Socialist Venezuela is in a major economic collapse, following years of mismanagement and underinvestment in the oil industry, an enormous humanitarian crisis, and a leader who is addicted to socialist policies that enrich himself and his cronies, but destroy the population, with a hyperinflation rate expected to reach one million percent by the end of the year, according to the International Monetary Fund (IMF). Reuters and Bloomberg and Reuters and Bloomberg (more here)
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Re: Oh The Joys Of Socialism..................NOT!

Post by gmrocket » Sun Nov 25, 2018 4:36 pm

Jeeeesh, what a mess.....

Ware is firedome-8 when you need him?

Must be just a minor teeny weeny glitch in the Venezuela system they need to tweak ...it'll be all fixed up in a few days

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Re: Oh The Joys Of Socialism..................NOT!

Post by Ken0069 » Sun Nov 25, 2018 6:56 pm

gmrocket wrote:
Sun Nov 25, 2018 4:36 pm
Jeeeesh, what a mess.....

Ware is firedome-8 when you need him?

Must be just a minor teeny weeny glitch in the Venezuela system they need to tweak ...it'll be all fixed up in a few days
I'm afraid it won't be fixed until some "patriot" there in Venezuela puts a bullet between that "Bus Driver's" eyes! Maybe they got a bus in hell he can drive into the ground when he gets there!! ](*,)
"Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves."
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Re: Oh The Joys Of Socialism..................NOT!

Post by Firedome8 » Sun Nov 25, 2018 7:34 pm

gmrocket wrote:
Sun Nov 25, 2018 4:36 pm
Jeeeesh, what a mess.....

Ware is firedome-8 when you need him?

Must be just a minor teeny weeny glitch in the Venezuela system they need to tweak ...it'll be all fixed up in a few days
Corruption and greed human error all conspiring together, it is the folly of man, kind of like a 20 000 000 000 000 $ mortgage along with a cut in pay,,, not to mention the cult of personality at the head of the state.

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Re: Oh The Joys Of Socialism..................NOT!

Post by John Wallace » Sun Nov 25, 2018 7:47 pm

and a leader who is addicted to socialist policies that enrich himself and his cronies
This is socialist policies?

:?:
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Re: Oh The Joys Of Socialism..................NOT!

Post by gmrocket » Sun Nov 25, 2018 8:34 pm

Firedome8 wrote:
Sun Nov 25, 2018 7:34 pm
gmrocket wrote:
Sun Nov 25, 2018 4:36 pm
Jeeeesh, what a mess.....

Ware is firedome-8 when you need him?

Must be just a minor teeny weeny glitch in the Venezuela system they need to tweak ...it'll be all fixed up in a few days
Corruption and greed human error all conspiring together, it is the folly of man, kind of like a 20 000 000 000 000 $ mortgage along with a cut in pay,,, not to mention the cult of personality at the head of the state.
explain what went wrong with your socialism in Venezuela?

your socialist leaders in the USA were once proud supporters on that shyt hole...now its silence

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Re: Oh The Joys Of Socialism..................NOT!

Post by exhaustgases » Mon Nov 26, 2018 12:14 am

gmrocket wrote:
Sun Nov 25, 2018 8:34 pm
Firedome8 wrote:
Sun Nov 25, 2018 7:34 pm
gmrocket wrote:
Sun Nov 25, 2018 4:36 pm
Jeeeesh, what a mess.....

Ware is firedome-8 when you need him?

Must be just a minor teeny weeny glitch in the Venezuela system they need to tweak ...it'll be all fixed up in a few days
Corruption and greed human error all conspiring together, it is the folly of man, kind of like a 20 000 000 000 000 $ mortgage along with a cut in pay,,, not to mention the cult of personality at the head of the state.
explain what went wrong with your socialism in Venezuela?

your socialist leaders in the USA were once proud supporters on that shyt hole...now its silence
Won't those little baby millennial's love that socialism when they get it? The part I would like the most is when all the cell phones become worthless little paper weights, then the crying will begin. How many have a working cell phone in Venezuela? The millennial's want freeby's, look at the free stuff there ? Yeah only free stuff there is what is found in a garbage dump, or rather collecting on the streets, lots of free well used food etc.
What I'm guessing is millennial's that are so used to being coddled all the time are jealous of the homeless tent dwellers, because that is what their new socialist control is going to do for them. No more voting when that arrives on our shores they all will enjoy John Lennons song to the fullest.
Maybe that is why those sick zombie shows are so popular with the millennials, they are looking forward to those days. I guess they hate a nice warm shower or bath, and a real roof over their heads.

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Re: Oh The Joys Of Socialism..................NOT!

Post by Firedome8 » Mon Nov 26, 2018 1:49 am

gmrocket wrote:
Sun Nov 25, 2018 8:34 pm
Firedome8 wrote:
Sun Nov 25, 2018 7:34 pm
gmrocket wrote:
Sun Nov 25, 2018 4:36 pm
Jeeeesh, what a mess.....

Ware is firedome-8 when you need him?

Must be just a minor teeny weeny glitch in the Venezuela system they need to tweak ...it'll be all fixed up in a few days
Corruption and greed human error all conspiring together, it is the folly of man, kind of like a 20 000 000 000 000 $ mortgage along with a cut in pay,,, not to mention the cult of personality at the head of the state.
explain what went wrong with your socialism in Venezuela?

your socialist leaders in the USA were once proud supporters on that shyt hole...now its silence
I do not pretend to know the granular details of the history of Venezuela.

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Re: Oh The Joys Of Socialism..................NOT!

Post by pdq67 » Mon Nov 26, 2018 5:19 am

Socialists leaders will fucking steal because that's what they do!

And in most cases the ones they steal from are disarmed so they have to take it up the ass or get themselves ELIMINATED!!

Didn't Stalin eliminate 30,000,000 plus? And just how many did Mao eliminate? Probably about the same??

Very few, "John Wilkes Booth's", around nowadays... And for that matter, not many LHO's either!

pdq67

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Re: Oh The Joys Of Socialism..................NOT!

Post by gmrocket » Mon Nov 26, 2018 7:49 am

Firedome8 wrote:
Mon Nov 26, 2018 1:49 am
gmrocket wrote:
Sun Nov 25, 2018 8:34 pm
Firedome8 wrote:
Sun Nov 25, 2018 7:34 pm


Corruption and greed human error all conspiring together, it is the folly of man, kind of like a 20 000 000 000 000 $ mortgage along with a cut in pay,,, not to mention the cult of personality at the head of the state.
explain what went wrong with your socialism in Venezuela?

your socialist leaders in the USA were once proud supporters on that shyt hole...now its silence
I do not pretend to know the granular details of the history of Venezuela.
Then I suggest you keep quiet on socialism until study it more.. especially the history and where it was tried.

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Re: Oh The Joys Of Socialism..................NOT!

Post by j-c-c » Mon Nov 26, 2018 8:25 am

gmrocket wrote:
Mon Nov 26, 2018 7:49 am
Firedome8 wrote:
Mon Nov 26, 2018 1:49 am
gmrocket wrote:
Sun Nov 25, 2018 8:34 pm


explain what went wrong with your socialism in Venezuela?

your socialist leaders in the USA were once proud supporters on that shyt hole...now its silence
I do not pretend to know the granular details of the history of Venezuela.
Then I suggest you keep quiet on socialism until study it more.. especially the history and where it was tried.
I suppose your above thinking similarly here applies to fascism and Hitler? :lol:

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Re: Oh The Joys Of Socialism..................NOT!

Post by David Redszus » Wed Nov 28, 2018 12:08 am

Socialism has failed each and every time it has been tried...no exceptions.

So why is the looney liberal left trying it again?

Ignorance can be cured with knowledge...
Stupidity is forever.

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Re: Oh The Joys Of Socialism..................NOT!

Post by Firedome8 » Wed Nov 28, 2018 12:43 am

gmrocket wrote:
Mon Nov 26, 2018 7:49 am
Firedome8 wrote:
Mon Nov 26, 2018 1:49 am
gmrocket wrote:
Sun Nov 25, 2018 8:34 pm


explain what went wrong with your socialism in Venezuela?

your socialist leaders in the USA were once proud supporters on that shyt hole...now its silence
I do not pretend to know the granular details of the history of Venezuela.
Then I suggest you keep quiet on socialism until study it more.. especially the history and where it was tried.
You seem extremely ignorant of what socialism is but your yap keeps running on, so i would suggest the same for you.

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Re: Oh The Joys Of Socialism..................NOT!

Post by gmrocket » Wed Nov 28, 2018 8:07 am

Firedome8 wrote:
Wed Nov 28, 2018 12:43 am
gmrocket wrote:
Mon Nov 26, 2018 7:49 am
Firedome8 wrote:
Mon Nov 26, 2018 1:49 am


I do not pretend to know the granular details of the history of Venezuela.
Then I suggest you keep quiet on socialism until study it more.. especially the history and where it was tried.
You seem extremely ignorant of what socialism is but your yap keeps running on, so i would suggest the same for you.
Yup, you'll fit right in with socialism

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Re: Oh The Joys Of Socialism..................NOT!

Post by pdq67 » Wed Nov 28, 2018 9:46 pm

David Redszus wrote:
Wed Nov 28, 2018 12:08 am
Socialism has failed each and every time it has been tried...no exceptions.

So why is the looney liberal left trying it again?

Ignorance can be cured with knowledge...
Stupidity is forever.
Because in the process of destroying a Country, some will get rich! And fu*k the ones that don't get rich!!

That's why!

Oh, and btw, I hope I don't have my countries mixed up?? But weren't they trying to go OFF THE $DOLLAR STANDARD??

If so, then our own Gov. can't have any of that, now, can it!!

pdq67

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