The Devil's Excrement





  Venezuela
For those that just want to know about the bizarre, wonderful country of Venezuela and its even more bizarre current Government
Last updated:
4/3/2007; 2:17:54 PM

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Wednesday, September 07, 2005



Weil's genius strike again! Great humor on the story I posted yesterday, using the Government's ad that you can read about at the bottom of this post in Daniel's blog.


6:33:14 PM    comment []



A year ago President Chavez announced that his Government was starting a new Government airline called Conviasa, that would start flying in November. November came and went and nothing happened. Then in January Chavez announced Conviasa again. Then in March I wrote an article called "Venezuela Inc. is back", making a parallel between what happened in the 70's in Venezuela when oil prices shot up thru the roof and now, with Chavez starting dozens of Government owned companies doomed to fail, much like those created by CAP in the 70's.Well, today I learn that Conviasa's only airplane a Boeing 737 is broken down in Margarita island, passengers were stuck in Aruba and other airlines had to cover the routes. Today it was announced that it should be flying tomorrow. Would you reserve in this airline?

5:52:56 PM    comment []



From PMB comments I learn that Chavez' advisers may have misjudged the impact of his generosity to the Katrina victims when Daddy Warbucks Chavez offered US$ 1 million to the victims via the Red Cross. It turns out that 94 nations have so far offered aid and among OPEC members Venzuela's contribution looks indeed puny:
  • Venezuela: Up to $1 million to Red Cross from CITGO Petroleum
  • Bahrain: $5 million ..(not a Member of OPEC but acts as if it were)
  • Kuwait: $400 million in oil, $100 million cash
  • Qatar: $100 million cash
  • Saudi Arabia: $255 million from Aramco
  • United Arab Emirates: $100 million cash
In fact, they should have looked up what Venezuela received in international aid after the Vargas tragedy: US$ 656 milion in cash contributions alone, if what they wanted was to make a big deal out of it It now looks like a miniscule deal.


7:57:59 AM    comment []



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