Tuesday, November 06, 2018
Two S-words
Venezuela continues to provide the usual talking points to the usual idiots on "both" "sides". Leftists defend Maduro as a shining example of socialism, "conservatives" bash him as a shining example of socialism. Classic shared lie.
As always both are perfectly wrong. Venezuela's long-standing problem is Graybill's Law, not socialism. Venezuela allowed globalist corporations to exterminate all skills except oil. Maduro's specific problem is not socialism but STUPIDITY.
Today's example via Reuters:
Maduro’s government is seeking to bring 14 tonnes of gold held in the Bank of England back to Venezuela. The plan has been held up for nearly two months due to difficulty in obtaining insurance for the shipment, needed to move a large gold cargo, one of the officials said. “They are still trying to find insurance coverage, because the costs are high,” the official said.In the first fucking place, you should have done this a long time ago. The techniques for stabilizing a currency are well-known. Other countries have managed to do it. Now it's too late. In the second fucking place, INSURANCE? Venezuela has a navy. Per Wikipedia, 2 submarines, 3 frigates, 4 corvettes, 10 patrol boats, 2 landing ship tank, 3 auxiliary ships. The bigger ships could hold 14 tons of gold. No need for insurance when you've got artillery on board and sailors who know how to use it. Sail up the Thames, point the guns at Threadneedle Street, and politely ask to repossess your OWN gold. "Please, sire, may I kindly have my own gold back? Also please note the 40mm howitzer laser-ranged on your chairman's office." Graybill again, ALLOWING the global insurers to halt your own moves toward independence. Or else it's just false purpose and misplaced blame. The insurance company peed on my homework.
Labels: skill-estate
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