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Venezuela Calls for Patriotism as Electricity Cut by 4 Hours a Day

Scorpio

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#1
Venezuela Calls for Patriotism as Electricity Cut by 4 Hours a Day

Friday, 22 Apr 2016 09:49 AM



Venezuela will implement electricity rationing as of Monday, cutting supplies for four hours a day to every home in the country, as a drought threatens to slash output at the giant Guri dam.

The rationing will last 40 days after rains in the north of the country failed to ease the crisis, Electricity Minister Luis Motta Dominguez said Thursday on state television. The ministry will release details of the daily cuts shortly, he said.


“We ask for the cooperation of all Venezuelans,” Motta Dominguez said. “It’s time to be patriotic and united to combat and minimize these climatic effects.”

Faced with a prolonged drought blamed on the El Nino weather phenomenon, President Nicolas Maduro last week stepped up measures to reduce consumption, asking Venezuelans to curtail the use of everything from hairdryers to clothes irons. Public workers are already working a four-day week and public holidays have been extended to reduce demand. It hasn’t been enough.

Water levels at Guri continue to fall to the 240 meter-mark that would force authorities to shut down the plant. The dam is currently at 242.07 meters.



The rationing will add to the hardships of Venezuelans who have already become accustomed to water rationing, standing in long lines to buy basic goods due to shortages, triple-digit inflation and the nation’s deepest recession in more than a decade as a collapse in oil revenue saps government coffers.


Special:
Now Venezuelans face a new ignominy; a beer shortage. Empresas Polar SA, the country’s largest privately-held company and biggest brewer, said Wednesday that it will be forced to stop producing beer because it can’t get the foreign currency it needs to purchase malted barley.

Venezuela has the highest per capita rate of beer consumption in South America and comes in at number 24 in the world, Kirin Holdings Co. said in a report published last year.

In 2015, Venezuela’s economy -- largely dependent on the sale of oil -- contracted by 5.7 percent and is expected to shrink by an additional 8 percent this year, according to the International Monetary Fund. The currency has lost 98 percent of its value on the black market since Maduro took office in 2013. Inflation is projected to rise to nearly 500 percent.




Guri Dam, located in the southern state of Bolivar, supplies as much as 75 percent of the electricity consumed in the capital of Caracas and about 40 percent of the electricity consumed nationwide.

Today’s announcement “won’t solve anything,” Miguel Lara, an independent power sector analyst, said in an interview from Caracas. “It will bring more chaos. This only makes official what they had already been doing, with some parts of the country already without electricity for six to eight hours a day.”




© Copyright 2016 Bloomberg News. All rights reserved.

https://www.newsmax.com/Finance/Str...ty-rationing-patriotism/2016/04/22/id/725267/
 

Professur

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#2
At least there isn't a big heating demand.
 

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#3
Now Venezuelans face a new ignominy; a beer shortage. Empresas Polar SA, the country’s largest privately-held company and biggest brewer, said Wednesday that it will be forced to stop producing beer because it can’t get the foreign currency it needs to purchase malted barley.
Is there some reason barley won't grow there? Seems to me that barley grows in all kinds of places.

Here is a plan. Plant barley, build a sprouting and malting building next to the brewery and make your own. Now you have added a few jobs and you can have your beer without sending money overseas.
 

solarion

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#4
Nevermind the power cut...there's a beer shortage!?! Those poor fellers. :(
 

GOLDZILLA

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#6
Coming soon to America as more professional victims are put in charge of things.
 

FunnyMoney

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#8
....

Here is a plan. Plant barley, build a sprouting and malting building next to the brewery and make your own. Now you have added a few jobs and you can have your beer without sending money overseas.

That plan doesn't work. Sorry to have to tell you. Please don't blame the messenger because you don't like the message. Just trying to provide the truth. JMHO and DYODD.

You see, the reason why the plan does not work is because the breakdown of society overwhelms plans like yours. Not that your plan would not typically be a good one, it is just the circumstances on the ground will prevent you from executing the plan without huge gov't or military support or similar. When a society falls apart, both criminality and gov't imposed regulations become severe challenges. I can explain the details of each and how they prevent you from executing a business plan like yours but why bore you with those details - you were probably just joking about that as a plan anyway. Peace be with you.
 

Someone_else

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#9
I was actually serious, but I get your point. A "socialist" government allows the parasites to eventually take control, unless the people are aware of the problem -- and they are not. So the parasites devour the assets, and when the assets run low, they get even worse with robbing the productive class. This only ends when there is nothing left to steal.

This reminds me of a quote from Atlas Shrugged that went something like this:
"What will happen to them?"
"They will get exactly what they deserve."
"Oh, how cruel!"
 

the_shootist

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#10
Perhaps we should be paying them reparations
 

Libertaurum

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#12
Is there some reason barley won't grow there? Seems to me that barley grows in all kinds of places.

Here is a plan. Plant barley, build a sprouting and malting building next to the brewery and make your own. Now you have added a few jobs and you can have your beer without sending money overseas.
Suppose some enterprising Venezuelan set out to do just that. Let's leave aside for now things like permits, droughts, plagues, power-outages, etc. Here's how I think it would go...

Assume he produces good crops and good beer. He might sell a lot of beer, become "successful" and pay a lot of taxes. But, Venezuela being Venezuela, his for-profit company would soon become a popular villain. He'd be accused of lining his pockets while promoting alcoholism, of being ultimately responsible for every drunk-driver's actions and of any other such nonsense. His workers would unionize and sue him and he'd soon find his company taken over by the government, for the "common good" of course.

Quality would suffer, efficiency would disappear. Shipments would be late, customers dissatisfied. His heretofore profitable company would soon be losing money, borrowing money, issuing worthless bonds, restructuring debt, getting government bailouts and, eventually, being sold off to some huge European or Asian corporate conglomerate.

Rinse and repeat.

Because it requires that the product of some be taken from them by force and given to others, socialism destroys everyone's incentives and ability to create wealth.
 
Last edited:

Ensoniq

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#13
Looks like they still have a bit of room to get worse

image.jpeg
 

southfork

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#14
Too bad they cant harness the hot air that comes from all the politicians worldwide. That would wipe out any supposed global warming
 

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#15
Venezuela Economy Literally Grinds To A Halt As Maduro Orders "Five Day Weekend" For Public Workers


Submitted by Tyler Durden on 04/27/2016 07:46 -0400

Just three weeks ago, the Venezuela socialist paradise gifted local workers with one extra day of rest each week when, as a result of the crippling economic crisis and collapsing power grid, president Maduro designated every Friday in the months of April and May as a non-working holiday in his desperate bid to save electricity as a prolonged drought pushes water levels to a critical threshold at hydro-generation plants. Never without a scapegoat, Maduro immediately blamed El-Nino for implementing the three-day weekend.

"This plan for 60 days, for two months, will allow the country to get through the most difficult period with the most risk," Maduro said on state television in early April. "I call on families, on the youth, to join this plan with discipline, with conscience and extreme collaboration to confront this extreme situation” of the drought blamed on the El Nino weather system.

As a reminder, the reason for the electrical rationing was the water content of Venezuela's Guri Dam, which supplies more than two-thirds of the country’s electricity. As The Latin American Herald Tribune wrote a month ago, the dam “is less than four meters from reaching the level where power generation will be impossible. Water levels at the hydroelectric dam are 3.56 meters from the start of a ‘collapse’ of the national electric system. Guri water levels are at their lowest levels since 2003, when the a nationwide strike against Hugo Chavez reduced the need for power, masking the problem."

Yesterday the water levels at Guri dam reached a record low of 241.67 meters, according to state power utility Corpoelec. If levels drop below 240 meters, the dam’s operator may be forced to shut down units at the plant that produces about 75 percent of the electricity that Caracas, the country’s capital and largest city, consumes.



(arrow shows where the water shoud be if the dam were operating at capacity)





Alas, since this plan was doomed to fail as the Venezuela economy would produce even less output as a result of the extended weekend, things went from comical to farcical overnight when the Venezuelan gift kept on giving, and the nation expanded the three-day weekend to five days, declaring a two-day work week for government workers, adding it was seeking international help to save its power grid amid a drought that threatens the capital’s main source of electricity.

The two-day work week, after the government added Wednesdays and Thursdays as non-working days to save more power, will last at least two weeks, President Nicolas Maduro said on his weekly program broadcast on state television. Schools will be closed on Fridays starting this week, he said.

“The public sector will work Monday and Tuesday, while we go through these critical and extreme weeks where we are doing everything to save the Guri,” Maduro said, referring to the giant hydroelectric dam that has become like a “desert.” The collection of electricity-saving measures have reduced Guri’s daily drop from 22 centimeters a day to 10 centimeters, he added.



As Bloomberg adds, Venezuela is requesting emergency international help from the United Nations for public works construction to help the country recover from an “extreme situation,” Maduro said. He called for “social peace” during the power crisis.

Meanwhile, Venezuelans, except those in the capital and some states, began to experience programmed four-hour rolling blackouts on Monday as a drought cripples generation at the Guri dam. According to the IMF, Venezuela's economy will contract 8% this year, after shrinking 5.7% in 2015. Considering hyperinflation in Venezuela is already running at over 700%,and now that the economy is effectively shut down, we will take the under.





Today's announcement follows another curious idea by Maduro when earlier this month he ordered the country’s time zone changed to save energy, reversing the decision by his predecessor, Hugo Chavez, to set back clocks 30 minutes in 2007 to ease daily predawn commutes for school children and the poor. Clocks will be moved forward a half hour May 1.

Looking forward, we doubt that the decision to expand the weekend from 3 to 5 days will be reversed any time soon (after all the initial 3-day weekend expansion was supposed to be temporary as well), and the most likely outcome is that in his next decree, Maduro will announce that public workers can just take a 7 day weekend, and no longer show to work. They will also receive a commesurate wage.

At that point, we assume, is when the Venezuela experiment in creating a socialist paradise finally concludes.

http://www.zerohedge.com/news/2016-...-maduro-orders-five-day-weekend-public-worker
 

Professur

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#16
Doesn't say that they'll still be paid for the full work week.
 

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#17
'The Hunger Games' Power cuts and shortages spark looting in Venezuela
RT


Published on Apr 28, 2016
The Venezuelan city of Maracaibo on Wednesday cleaned up from a night of looting and fiery protests as government offices closed their doors for the rest of the week in the face of a worsening energy crisis that is causing daily blackouts.

Hundreds of police fanned out and more than 100 people were arrested there for looting that damaged dozens of businesses, according to local authorities.
 

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#18
Inside the Socialist Paradise of Venezuela - Hyperinflation, Kidnapping and Murder
TheDollarVigilante


Published on May 1, 2016
Jeff interviews Mises Institute of Venezuela member Daniel from the barrios of Caracas, Venezuela. Topics include: Anarcho-capitalism in Venezuela, the trouble with socialism, the Mises Institute in Venezuela, $1 a day maximum withdrawal limit, long lines for the supermarket, anarchism is unknown in Venezuela, armed private security is not allowed greatly adding to the danger, only criminals have guns, murder rates skyrocket in gun free zones, hyperinflation with more to come, very dangerous to speak up against the government.
 

Usury

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#19
At that point, we assume, is when the Venezuela experiment in creating a socialist paradise finally concludes.
With no water, food, power or beer, methinks a CHANGE for them may be in the works sooner than later....probably for the worse though.

Imagine Katrina aftermath on a scale large enough to encompass most of the US.
 

GOLDZILLA

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#20
We should send all of Americas SJW's there ( one way ticket) so they can live in their socialist paradise in full bloom.
 

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#21
There are laws of economics. Try to break them, and you do not get your desired result. Case in point.
 

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#22
Venezuelan Opposition Leader Assassinated Days After 1.8 Million Sign Petition To Oust Maduro


Submitted by Tyler Durden on 05/08/2016 19:56 -0400

The situation in hyperinflating socialist paradise Venezuela just moved one step closer to chaotic totalitarianism. With President Maduro clinging to power (thanks to his military 'assistance') amid growing social unrest (1.8 million signatures gathered seeking a referendum to remove him), FoxNews Latino reports German Mavare, leader of the opposition UNT party, died Friday after being shot in the head, asassinated in the western state of Lara, according to his organisation. Maduro has appeared on State TV tying Mavare to "armed groups" and suggested that more right-wing politicians are potential targets.

The Venezuelan people are growing increasingly angry at the nightmare of economic squallor Nicolas Maduro appears to have laid at their door (thanks in large part to an overly-generous socialist agenda runnining out of other people's petrodollars)...

In less than a week, more than 1.8 million people in Venezuela signed petitions seeking a referendum to remove President Nicolas Maduro from office. That's nine times the required 200,000 signatures.

The opposition said in a statement they delivered the petitions in 80 sealed boxes early Monday morning without notifying the media to avoid potential clashes with Maduro’s supporters.

Ousting Maduro will not be an easy task despite his approval rating plummeting amid triple-digit inflation, widespread food shortages and near-daily power blackouts. Recent polls suggest two-thirds of Venezuelans want him out.

If the National Electoral Council verifies the signatures in the coming days, it would trigger a second petition drive during which 20 percent of the electorate, almost 4 million people, would have to sign before a referendum could be scheduled on removing Maduro before his term ends in 2019.

If a vote were held, the president would be removed only if the number of anti-Maduro votes exceeded the 7.6 million votes he received in the 2013 election. In December's parliamentary elections, opposition candidates mustered only 7.7 million even though they won control of the legislature by a landslide.

President Maduro has recently dug in against what he calls opposition attempts to destabilize Venezuela...

"If the oligarchy were to do something against me and take this palace by one means or another, I order you, men and women of the working class, to declare yourselves in rebellion and undertake an indefinite strike."

And now, it appears 'someone' has "rebelled"...Venezuelan politician German Mavare, leader of the opposition UNT party, died on Friday after being shot in the head, an assassination that occurred in the western state of Lara, his organization said.

"The board of the UNT expresses its deepest sorrow for the slaying of colleague German Mavare. We demand justice and an end to violence," was the message posted on the Twitter account of the UNT party, headed by jailed ex-presidential candidate and former governor of Zulia state, Manuel Rosales.



The mayor of Iribarren in Lara state, Alfredo Ramos, said on his Twitter account minutes after the incident occurred before dawn Friday: "German Mavare, of the popular urbanization of Carucieña, a tireless fighter for social causes, has just been hit by a bullet in the head."

For his part, Luis Florido, an opposition lawmaker of the Voluntad Popular party, said on Twitter: "German Mavare died. A red bullet ended his life. Politics today is high risk. We demand an investigation of the case #NoMoreViolence #Lara".

The authorities have not yet issued a statement about the matter. Bloomberg reports that Maduro, speaking on on state television, said:

“The people we captured are talking and more than one far right-wing politician is mentioned."

"Authorities this week killed leaders of armed groups with ties to paramilitaries."

"Government is pursuing armed groups."

In conclusion, things just went to 11 on the spinal tap amplifier of failed-state-ness, and we leave it to R. Evan Ellis to discuss what happens next,

The question for businessmen and governments with a stake in the deteriorating situation in Venezuela is no longer if the regime of Nicholas Maduro will come to a premature end, but under what circumstances.

This reality has little to do with the determination or sophistication of the Venezuelan opposition, nor of the resiliency of its almost completely compromised institutions. Rather, the Maduro regime has locked the country on a course of national self-destruction, responding to the deepening economic crisis with counterproductive, and simply bizarre measures, such as criminalizing the attempt of the market to respond to shortages, or reducing the federal work week, destroying the little productive capacity that remains in the country.

Similarly, in the face of the population’s demand for a change in course, evinced by the massive opposition victory in the December 2015 mid-term elections, Maduro’s intransigence increases the probability that the suffering and frustration of the Venezuelan people will eventually give rise to violence.

http://www.zerohedge.com/news/2016-...ed-days-after-18-million-sign-petition-oust-m
 

Professur

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#26
The Venezuelan president, Nicolas Maduro, has threatened the seizure of factories that have stopped production and the jailing of their owners.

In a speech to supporters in the capital Caracas, he said the country had to recover the means of production, to counter its deep economic crisis.

On Friday, he introduced a new, nationwide state of emergency.

Opposition protesters have been rallying in Caracas to push for a recall vote to eject him from power.

Mr Maduro said the state of emergency was needed to combat foreign aggression, which he blamed for Venezuela's problems.

And he said military exercises would take place next weekend to counter "foreign threats".

Venezuela has the world's largest oil reserves but its economy has been severely hit by falling global oil prices. Its economy contracted by 5.7% last year and its official inflation rate is estimated to be topping 180%.

There are severe shortages of food, medicines and basic goods which Mr Maduro argues are due to business leaders and the US waging an economic war against his government.
http://www.bbc.com/news/world-latin-america-36294939

Sane people need to get out now.
 

Ensoniq

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#27
Even at the very end of the road the socialist blames the factory owners for acting in their own interests
 

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#28
Even at the very end of the road the socialist blames the factory owners for acting in their own interests
This story could almost have been copied right out of Atlas Shrugged.