Following blackouts and water shortages, socialist economic policies have forced Venezuelan "president" Hugo Chavez to devalue his nation's currency by 50%. What would/will socialist economic policies do the the dollar in years to come?
Sunday, January 10, 2010
Foreshadowing?
Following blackouts and water shortages, socialist economic policies have forced Venezuelan "president" Hugo Chavez to devalue his nation's currency by 50%. 
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Chavez' policy has the advantage over Obama's, in that it is public and known by all. Obama has done the same thing, but all the while concealing it.
Your favorite president, A. Lincoln, famously remarked that if the U.S. were to embrace the tryanny of (then-imperial) Russia, he would prefer it "without the base alloy of hypocrisy."
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