Saturday, February 17, 2007

Let 'Em Eat Brie

[Posted by reader_iam]

And drink Hugo Chavez Kool-aid (unsweetened due to sugar rationing, of course).

Understatements of the day:
“There seems to be a basic misunderstanding in Chávez’s government of what is driving scarcity and inflation,” said Francisco Rodríguez, a former chief economist at Venezuela’s National Assembly who teaches at Wesleyan University.

“There are competent people in the government who know that Chávez needs to lower spending if he wants to defeat these problems,” Mr. Rodríguez said. “But there are few people in positions of power who are willing to risk telling him what he needs to hear.”

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