It may just have been a normal breakdown. But there are two questions to ask regarding why that Venezuelan plant was shut down. Has President Hugo Chavez robbed his national oil company so badly that it no longer has the capacity to maintain itself?
In the past, profits from the state oil company were reinvested in the company’s infrastructure which enabled it to produce effectively, profit from higher oil prices, and raise production when needed to meet world demand. Now, it’s become Hugo Chavez’s cash cow to pay off his political cronies, finance Cuba’s Fidel Castro, and buy votes through his “social programs.” As a result, there’s a tremendous stress on its operations and blogger Daniel Duquenal notes that Chavez is getting fearful of opening the oil company’s books.
It may be even worse than that.
Find out why at Mora y Leon’s article, and don’t miss The anti- gringo hate campaign should not be taken lightly
You need force and an external enemy to encroach a fear society, so that people will always justify their hardships on the presence of an external enemy. This actually provides internal stability. The formula is old (Think Castro!) and Chavez is following it to the last detail. While Venezuela will hopefully never go to war with the US, Otaiza’s proposal represents the type of immoral campaign that autocratic regimes start in order to justify what can not be justified: create an invsible, external enemy that will cretae sympathy for the autocrat.
This quote is from Venezuelan blog The Devil’s Excrement, which explains its name, “A famous Venezuelan referred to oil as the devil’s excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.”
Speaking of Latin American blogs, Miguel A. Buitrago’s MABB has a round-up of Bolivian blogs.