Posts Tagged ‘Sanctions Against Venezuela’

Who’s to blame for Venezuela’s economic crisis?

June 8, 2019

There are two explanations for Venezuela’s economic crisis.  One is that Hugo Chavez and Nicolas Maduro mismanaged the economy.  The other is that the United States economic warfare ruined the economy.

Greg Wilbert of The Real News Network said it’s true that Chavez failed to adequately prepare for falling oil prices and Maduro failed to adequately cope when oil prices did collapse.

He said Venezuela’s economic crisis was not caused by the United States, but U.S. sanctions, which began under President Obama, made matters worse and prevented corrective action.

 I don’t think a new U.S.-imposed government would do better.

[Revised 6/9/2019]

Where are the liberals on Venezuela?

February 27, 2019

Reps. Tulsi Gabbard, Ilhan Omar and Ro Khanna are among the few liberal Democrats who unequivocally oppose the Trump administration’s economic and covert war against  Venezuela, but they are isolated.

House Speaker Nancy Pelosi and many other top Democrats support Trump’s plan.  Senators Elizabeth Warren and Bernie Sanders and even Rep. Alexandria Ocasio-Cortez are on the fence. They oppose direct military intervention, but they accept the pretense is that the U.S. government is concerned about the democratic process in Venezuela.

In fact the U.S. gets on very well with the governments much less democratic than Nicolas Maduro’s.  Only the naive think the U.S. government is concerned about anything except Venezuela’s oil.

I don’t have an intelligent opinion on how much of Venezuela’s plight current is due to bad policies of its government, and how much is due to continuing U.S. economic warfare and political subversion.  The only way to find out would be to make the experiment of leaving Venezuela alone and seeing what happens.  Venezuela is the responsibility of the Venezuelans.

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