So the regime of Nicolas Maduro has a problem: how to pass the 2017 national budget controlled by the opposition held National Assembly? Really, if we cannot loot in peace, what good is the revolution for!?
So very simple! Since there is a conflict between the National Assembly, NA, and the judicial power, TSJ, that this one annuls 99% of whatever the National Assembly does, we just will decree next year budget and that is that. After all, the budget is against the alleged "guera economica" whatever that means. Il suffisait d'y penser!
Maduro sent today a letter to the TSJ for "consultation". Guess what the result will be?
But the NA has a trump card, if it is willing to play it. Since the regime will require much extra additional debt, the NA just need to say that a budget passed without its approval does not engage the state in paying future debts contracted on such budget. Let's see who is going to lend Maduro money under such terms.
Meanwhile you can see yet another example on how dictatorships work. Books will be written.
Monday, October 03, 2016
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Funny post.. These games between the criminal narco-regime and the laughable muddy MUD remind me of the "pan y circo" Roman formula.
ReplyDeleteThe circus has been non-stop, and now they just ordered some food containers for the hallacas.. Methinks Chavistas are not as dumb as many think: They allowed the opposition to win, and now they play games, just to buy some time. They know that eventually they will be kicked out, but with some bribes, bread and circus, they'll be able to steal some more.
Also, the "dictaorship" Daniel mentions is not a clear-cut for many people. Nationally and Internationally lots of people think of Venezuela as "socialism", even as a democracy, messed up, yes, but not a "dictatorship".
That's where you see some Chavista finesse, (si je peux me permetre cet oxymore)- The criminal regime knows how to disguise itself. They go to international meetings, allow a 'parliament', allow elections, allow relatively free travel, and don't have too many political prisoners, or kill that many people.. It's the new "socialism".. disguised dictaorships. And they manage to fool many people, ask Venezuelans on the street, ask internationally..
What outsiders think about the Maduro regime is fairly irrelevant, other countries won't lift a finger to help the Venezuelan people, they'll say they are worried, suggest dialogue, and that's it.
DeleteWhat does count is the position of potential lenders, investors, and outfits that work for Pdvsa like say Schlumberger. These outfits are run by psychopaths who don't care for niceties such as human rights violations. But some may have second thoughts about placing bets on Maduro when the National Assembly states any debts aren't payable if they aren't approved.
Foreign governments could help by passing laws or informing their business elites that such lending is indeed not repayable if the AN hasn't approved it. But we know by now that, as I mentioned, these governments won't lift a finger.
And the UN, OEA and all of the other "organizations" have also proven they are useless. All talk, no walk.
DeleteI mean no offense, but Fernando sounds more like a "Chavista" when he automatically assumes that international companies are run by "psychopaths". It is a kneejerk reaction to a company that attempts to operate with a profit. The companies are run by human beings and are probably less likely to be psychopaths than those sympathetic caring government officials who have systematically destroyed their own country with the backing of a significant portion of the population who have only recently discovered that the free lunch is not free.
DeleteAnd why should other countries help Venezuela? I myself don't wish to waste a single dollar of which 90 cents would probably be stolen anyway. Let Venezuela beg support from the countries that support the current regime like Cuba and Ecuador. I'm sure they will help out. I'm sorry that a large percent of the population are good honest people but throwing money at the country won't fix it.
DeleteAs for psychopaths ignoring human rights violations, that would be the people that voted in Chavez and keep supporting Chavismo.
Why would companies fear being repaid if the NA says they won't honour their debts if the regime is removed. The regime it self doesn't honour its debts. If you will loan a regime who has walked from 10's of billions and stole many assets and shows it has no morality why the heck would you care what the NA thinks????
ReplyDeleteFernando Leanme, do you really have the gall to first say what others think is irrelevant and then say that "other countries won't lift a finger . . . "?
ReplyDeleteAren't you the guy who when the going got tough in Cuba, bolted from Cuba?
Aren't you the guy who when the going got tough in Venezuela, bolted from Venezuela?
Aren't you the guy who is constantly on President Obama's back for helping to fund "The Revolution" yet you no doubt send hard currency on a monthly basis back to relatives in Cuba?
C'mon man, be honest for a while.
Why can't Venezuela import food?
ReplyDeleteIs their currency worthless?
They can with USD they get from oil but they owe any food company dealing with them huge money that they will never pay. That is the govt. Individual companies cannot get USD from govt. Plus on many itens govt regulates price such that if yiu could bring in food you would lose money on it. Also you have the problem of corruption. The food that does come in is stole by the military and sold in black markets unless you pay massive bribes, or else is left to rought on the docks. Making the people suffer greatly is how Cuba set alife long dictatorship in place. When everyone has nothi g left and their wills are broken then offer basic law, basic food and medicine and it is acceptable.
ReplyDeleteThank you for that information.
DeleteSo the Chavez Peace Prize goes to ....Vladimir Putin.
ReplyDeleteThat, for me, is the funniest and most telling story for a long time to come out of Venezuela. You poor people!
And there you have it the Congress oversight is gone. As for the threat of them saying they will not honor debt Maduro won't either and everyone knows that going in. The NA is a joke and Caprilies and his buddies need to quit standing in the road of throwing Maduro out the only way it will ever happen and that is by force.
ReplyDeleteVenezuela’s Maduro Bypasses Legislature to Decree 2017 Budget
ReplyDeleteThe socialist president signed the budget for the coming year before hundreds of his followers and accompanied by members of his Cabinet in a public act outside the National Pantheon in Caracas
CARACAS – Venezuelan President Nicolas Maduro decreed on Friday the 2017 budget without submitting it for the approval of the nation’s legislative body, controlled by the opposition and declared in contempt by the judiciary.
The socialist president signed the budget for the coming year before hundreds of his followers and accompanied by members of his Cabinet in a public act outside the National Pantheon in Caracas.
“Here is the 2017 budget,” the president said, and asked for “the support of the people, of the civic-military union, of those in the street.”
Maduro recalled that, “with the quandary of a National Assembly in contempt of court,” he consulted the Supreme Court of Justice, or TSJ, about what he should do with the 2017 budget.
The TSJ ruled that on this occasion, the president should present the national budget to the high court before Oct. 16 as a decree that would have the standing and power of law, avoiding in that way its submission to the legislature.