Venezuelan Elections.

I wouldn't prise Saudis, they are the worst bunch on the planet. And of course they are not doing that against but with USA.

Otherwise I agree, that is time for certain "socialists" to go and this might help. However, I don't see bright future for Venezuela any time soon.
Having worked in the US oil business for many years, I can assure you that the Saudi's move to kill fracking was not done "with" the USA. They have a history of opening their taps to lower oil prices whenever they feel that their interests (lots and lots of money from selling easily-obtainable oil) are threatened by new technology. As that technology is usually in service of high-cost extraction (tar sands, shale oil, etc.) it usually works, at least temporarily, because no company will produce oil below its extraction cost for long.
 
I'm far from professional, so after this explanation I see a bit better. But at the same time I know Saudis will never risk serous clash with their biggest of the two allies they have. USA went in war for far less and I could speculate, that the winner will always be USA, buying cheap Saudi oil while still running their for now nonprofitable industry.

With Venezuela going down this victory is even more striking ;)
 
Rich One:
In my view,of the countries you mention as having populist governments,Brazil should not be included.The P.T.governments of both Lula and especially Dilma have been popular but not populist per se.Portuguese mercantilism left a huge time bomb of poverty and racial exclusion that continued festering until at least Enrique Cardoso in the 80s.The achievements of these gov'ts.are clear for all to see.Raising 25 million people out of poverty into its middle class was not magic (sound familiar?).it was a real accomplishment.
Brazil is going thru a very difficult time in its development and its economy is not expected to really grow again until 2018.However,Cunha's attempt to use Dilma as a scapegoat will fail and Dilma 's hands are clean.Not so Cunha's own .Brazil is not a small country like Nicaragua or even Ecuador.Brazil is half a continent of 190 million with a respected Judiciary which will now be put to the test.
 
[background=rgb(252, 252, 252)] buying cheap Saudi oil while still running their for now nonprofitable industry. [/background]
I'm far from professional, so after this explanation I see a bit better. But at the same time I know Saudis will never risk serous clash with their biggest of the two allies they have. USA went in war for far less and I could speculate, that the winner will always be USA, buying cheap Saudi oil while still running their for now nonprofitable industry.

With Venezuela going down this victory is even more striking ;)
Miki ...... Yout Comment

[background=rgb(252, 252, 252)] The USA buying cheap Saudi oil while still running their for now nonprofitable ( USA Oil) industry. ...?[/background]

The USA is now self sufficient, and exports oil at the moment...??? Buying Saudi Oil ?
[background=rgb(252, 252, 252)] [/background]

[background=rgb(252, 252, 252)]I will leave it up to EJLarson to explain it to you... ;) Needles to say you are No Oil Expert.[/background]
[background=rgb(252, 252, 252)]I[/background]
 
With 112 and possibly more seats the opposition can now call for a referendum and oust Maduro by April.

Will they and what will Maduro do if they try....

More importantly will Maduro make them pass the sash in the Congress or the Palacio de Miraflores? :lol:
 
Rich One:
In my view,of the countries you mention as having populist governments,Brazil should not be included.The P.T.governments of both Lula and especially Dilma have been popular but not populist per se.Portuguese mercantilism left a huge time bomb of poverty and racial exclusion that continued festering until at least Enrique Cardoso in the 80s.The achievements of these gov'ts.are clear for all to see.Raising 25 million people out of poverty into its middle class was not magic (sound familiar?).it was a real accomplishment.
Brazil is going thru a very difficult time in its development and its economy is not expected to really grow again until 2018.However,Cunha's attempt to use Dilma as a scapegoat will fail and Dilma 's hands are clean.Not so Cunha's own .Brazil is not a small country like Nicaragua or even Ecuador.Brazil is half a continent of 190 million with a respected Judiciary which will now be put to the test.

I agree 100 % with the P.T. accomplishments you mention. Question Lulas involvement in Business...!
BUT Brazil / Dilma has aligned herself with the Castro's and Chavismo as a Former Guerrillera , She's responsible for all evils and possible Corruption cases. she should take the Fall....! A new Tete de Turk. Chivo Expiatorio


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I'm far from professional, so after this explanation I see a bit better. But at the same time I know Saudis will never risk serous clash with their biggest of the two allies they have. USA went in war for far less and I could speculate, that the winner will always be USA, buying cheap Saudi oil while still running their for now nonprofitable industry.

With Venezuela going down this victory is even more striking ;)
The thing to remember is that, occasional examples to the contrary, US government and US business are not one thing and are often at odds (or at war) with each other. We can parse "buying cheap Saudi oil while still running their for now nonprofitable industry" to politics and economics: politically it's great when citizens have more discretionary income, like now with low gasoline prices. Economically, however, the oil companies and especially the oil services companies are laying off thousands, causing a dip in the glacial recovery from the recent recession. What government would purposely engineer that?

This Obama administration is no friend of any business (except the ones they've chosen to subsidize) and is openly hostile to energy companies. So any scenarios in which the Administration, the oil companies, and the Saudis are collaborating, should be considered as likely as an invasion from Mars (or even less likely still, that Argentina gets the Malvinas).

The Saudis will stop short of overt, hostile acts that would invite US reprisals. But they finance terrorism and work against the US in countless ways. So no, "the winner will always be USA" is not correct.
 
Rich One:
. As the Guatemalan legislator Gloria Alvarez so correctly pointed out in a video that Camberiu posted a few months ago,"If the Latin.American elites had given up only a portion of their wealth,revolutions there would not have been necessary".if having been a revolutionary in their youth were enough to condemn as guilty in their adulthood of "all evils", many Latin Americans and U.S. citizens would be guilty as well. Chile's Bachelett is only one example. John Brown in the U.S. is another.
Corruption in Brazil did not begin with Dilma.it was and still is endemic there.Why is she responsible for the"petrolao"? More corrupt officials have been tried and imprisioned in Brazil in the last 2 years than ever before.Even Oderbrecht It is up to the Brazilian judiciary to convincingly prove this.Cunha is just as corrupt as those who have already gone in the slammer.She should not and will not "take the fall".this will be a test case for all of Latin America.
 
Rich One:
. As the Guatemalan legislator Gloria Alvarez so correctly pointed out in a video that Camberiu posted a few months ago,"If the Latin.American elites had given up only a portion of their wealth,revolutions there would not have been necessary".if having been a revolutionary in their youth were enough to condemn as guilty in their adulthood of "all evils", many Latin Americans and U.S. citizens would be guilty as well. Chile's Bachelett is only one example. John Brown in the U.S. is another.
Corruption in Brazil did not begin with Dilma.it was and still is endemic there.Why is she responsible for the"petrolao"? More corrupt officials have been tried and imprisioned in Brazil in the last 2 years than ever before.Even Oderbrecht It is up to the Brazilian judiciary to convincingly prove this.Cunha is just as corrupt as those who have already gone in the slammer.She should not and will not "take the fall".this will be a test case for all of Latin America.

Agree 100 % with your arguments . Hanoi Jane IS guilty ... should have been in the slammer as you mention. Ni Olvido Ni Perdón... B)
 
Victory.

The Opposition reached 112 Seats means 2/3 of the total... Mayoria Absoluta??

Can the Oposition modify the Constitution to revoke Maduros Mandate....?? :D

Chavez brother Argenis Chavez. was defeated ..!

El triunfo en Barinas significó la derrota del candidato del PSUV, Argenis Chávez, hermano del fallecido presidente Hugo Chávez.
 
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