Anorak

Anorak | Venezuela: You Won’t Believe The Crap Hugo Chavez Spent The Bolivarian Revolution Oil Money On

Venezuela: You Won’t Believe The Crap Hugo Chavez Spent The Bolivarian Revolution Oil Money On

by | 28th, April 2014

In this April 24, 2014 photo, a sculpture decorated with newspaper clippings is on display near the site where anti-government student protesters are camping out in Bolivar square in the Chacao municipality of Caracas, Venezuela. The opposition is resuming talks with President Nicolas Maduro's government on Thursday, aimed at defusing the nation's political crisis. It's the fourth face-to-face meeting this month and expected to focus on calls by the opposition for amnesty for jailed activists. (AP Photo/Fernando Llano)

 

THIS is a story to really take the cake. So, Chavez in Venezuela, decided to start spending the oil money on improving the society. OK, that’s a good idea. But then we come to what he actually started spending the money on. Like a farm with no water. No, really :

Work on William Lara, the rural version of the Steel City, stopped last year after about $120 million was spent on clearing the land and building the first 176 houses.

The construction will resume after the government figures out a way of bringing water to the site 125 miles south of Caracas, Agriculture Minister Yvan Gil said.

“This is a technical problem, that our specialists are working to resolve,” Gil, 41, said in an interview in his Caracas office on April 10. “The project is advancing.”

That’s a pretty big thing to overlook when you’re planning a farm, where the hell’s the water going to come from?

There’s another example in the country as well. As we know, Chavez brought in price controls on basic foods. The argument was that the poor couldn’t eat well so

You have already read 1 premium article for free today
Access immediately the premium content with Multipass

Or come back tomorrow



Posted: 28th, April 2014 | In: Money, News Comments (2) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink