Lake Erie Conservative

thoughtful discussion(s) about issue(s)

Posts Tagged ‘Nicolás Maduro’

… The Sad Think with Venezuela [#oil exploration]…

Posted by paulfromwloh on Sunday,September 18th,2016

.. Venezuela is an oil – rich nation , that is no doubt . However , its legacy is being squandered by the Chavistas and now Nicolas Maduro and his gang , with an assist from Cuba …

.. it has an even richer legacy , one that is right now largely going unexplored . It is the Orinoco Basin . Outside of the United States , the Orinoco Basin is one of the largest unexplored areas of shale oil on the planet . Most estimates put the holdings there at about 150 billion barrels to 175 billion barrels of oil . Yes , they are that large . But , right now , nothing . Courtesy of the Chavistas …

.. [h/t — WFB.com]..
.. [link] to the book review …

.. courtesy of the economic insanity that is Venezuela and other countries like it [such as Ecuador] , that are will continue to go largely unexplored . The investment capital that would flow into that area in massive quantities [in a lawful country] is cutoff in a legalistic fantasyland like Maduroland [Venezuela] or Correaland [Ecuador] …

.. In Cuba ‘ s case , it is their lifeline . They receive an extraordinarily generous oil subsidy from Venezuela . They need it , or else , it is bye – bye Communistas …

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… Ouch ! A Stunning Rejection of Maduro [#Venezuela][#Chavez][#socialism]…

Posted by paulfromwloh on Saturday,December 12th,2015

.. the Chavistas adopted economics [i.e. , socialism] , and look at what a grand old mess it has made : …

.. [-] oil — Venezuela is one of the most richly endowed oil rich nations in the Western Hemisphere . it is able to produce more than 2.5 million barrels / day , but the output has been sliding over the last 20 years . A grievous lack of investmest is the cause , and the Chavistas wonder why ?? …

.. [-] more oil more oil — Venezuela is also blessed with one of the largest oil shale regions in the the world . The region ,called the Orinioco , has an estimated 250 billion to 300 billion barrels of proven reserves . That would make it more than double the size of the reserves of any Middle Eastern nation . Yet , their development has barely scratched the surface . A grievous lack of capital investment is crying out to exploit this region. Guess why ??

.. [h/t — HotAir.com]..
.. [link] to the blog post ..

.. now all of the years of gross economic mismanagement has caught up to the Chavistas . Hugo Chavez has been dead and buried for a couple of years , but his successor , Nicloas Maduro , has to live with the economic RUINS OF WHAT Chavez – style socialism has wrought ..

.. The Venezuelan conservative opposition has [miraculously] won almost a 3/4ths majority in the Venezuelan national Assembly . With that majority [presuming Maduro and his cronies allow it to stand] , the opposition can do quite a bit to reform Venezuelan society ..

.. I wish them luck . Maduro and what is left of the remaining chaveztas will not make it easy for them to try to govern …

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… What was Maria Conchita Alonso thinking ?? …

Posted by paulfromwloh on Tuesday,January 28th,2014

.. my guess is that she was and is thinking …

.. of freedom , liberty , and the pursuits of happiness .

.. She is a Cuban – American . She well knows what the Castroite dictatorship is and what it stand for , and what it does not stand for . She knows what her old political persuasion [likely Democrat] these days works with the people who stand with Fidel and Rauol , with Maduro , et al . in South American , and those who enslave humanity .

..God Bless You , Maria , and your courage to speak your mind and your heart …

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… Can the Castro Regime (in Cuba) survive without Chavez ?? …

Posted by paulfromwloh on Thursday,July 25th,2013

[-] passing of Castros
soon , Fidel and Rauol will be gone . It will likely bring a new generation of leaders to the fore . These folks will not be as wedded to the Communism of the Castros , and will be forced into reforms .
[-] spreading of “special zones”
the need for more internally generated $$ will force the regime to open up . the needs to meet the demands of the surrounding democratic powers (Mexico , Canada , & yes , the U.S.) will force it .

More and more special zones will be created . it will create problems with corruption , but it will also create opportunities . The needs of the zones , plus the needs of the new players , will force the regime to open state firms to competitors . And the state firms will not last long against the competition , unless they reform themselves , and find a way to survive .

[-] economic realities of 21st century economy
Cuba is stuck in a 1950s to early 1960s economy . Eventually , the need for change will force them to join everyone else in the 21st century .

[-] Maduro ‘ s eventual fall
Nicolas Maduro will not last long . The corruption , and an eventual decline in oil prices (in part from fracking in the U.S.) , and the lack of investment $$ in the Orinoco region (which is itself frackable oil) will  bring Maduro down by a coup , and then new and free elections , which will publicize the Chavezcista corruption , and sweep away the socialism , including the support of Cuba & other nations .

[-] both nation ‘ s fear of the Church
Cuba has never been able to fully combat the power of the Catholic Church . If they cannot , do you think that Venezuela can . You have to be nuts to think so .

..Despite the rhetoric of the Chavistas, the Cuba-Venezuela relationship is decidedly lopsided. It is mostly a relationship of convenience that seems decidedly biased toward Cuba. Official Cuba has worried that the post-Chavez era would see the end of this special relationship. Their anxieties were exacerbated by the close margin of victory Chavez acolyte Nicolas Maduro received, and the fact that his challenger Henrique Capriles made the alliance an election issue.  Maduro traveled to Havana to meet with the regime to reassure them of his commitment to Commandante Chavez’s vision of an enduring alliance.  The next Venezuelan presidential election could change this calculation. Since the Cuban public doesn’t enjoy the freedom to choose its leaders, any changes to the alliance will almost certainly happen only as a result of Venezuela’s voters having a change of heart. Until then, two of the most intolerant and repressive regimes in the Americas will maintain their relationship addiction with the citizenry paying the highest price.

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