The Devil's Excrement





  The Devil's Excrement
Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil's excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.
Last updated:
4/2/2007; 9:27:10 PM

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Saturday, September 24, 2005



Well, Chavez the XIVth., the Pluto King of Little Venice was legislating again (by susbcription) yesterday when he gave us this new piece of his wisdom:

"All land is the property of the state..those that have title have "some rights"..."

Whatever happened to Article 115 of the Constitution which clearly states: "The right to porperty is guaranteed. All persons have the right to use, enjoy, make the most of and dipose of their property. Property would be subject to the conditions, restrictions and obligations that the law establishes with the public good or general interest as its end. Only for reasons of public interest or social use by a firm sentence and opportune payment of compensentation can the expropriation of any type of property be declared."

To me it sounds like it is the other way around, you own the land and the state may have the right to expropriate under certain conditions.. But hey, he is the law!



10:24:58 AM    comment []



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Last update: 4/2/2007; 9:27:14 PM.
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