Tigermike 4,082 Posted June 11, 2014 Share Posted June 11, 2014 Sex, Dollar Bills, and the Venezuelan Black Market Venezuelan prostitutes have earned the ire of President Maduro recently, who declared their trade “perverse” and set his Economy Vice President to spearhead a campaign against it. Have the morality police come to Latin America? No, prostitution is legal in Venezuela, but trading U.S. dollars isn’t. Bloomberg: Prostitutes more than double their earnings by moonlighting as currency traders in Puerto Cabello. They are the foreign exchange counter for sailors in a country where buying and selling dollars in the streets is a crime — and prostitution isn’t. Greenbacks in the black market are worth 11 times more than the official rate as dollars become more scarce in an economy that imports 70 percent of the goods it consumes. Venezuelans are living in a two-tiered society, in which those with access to dollars can buy goods that are unavailable to others, as Steve Hanke, professor of applied economics at Johns Hopkins University, points out. And what are these fabled luxuries? Flour, cooking oil, toilet paper, and even drinking water, all of which are now scarce in Venezuela. The Wall Street Journal shed some light this weekend on where basic Venezuelan goods disappear to: namely, neighboring Colombia, where the locals pay less than the market price but enough to provide a profit to Venezuelan smugglers. As a Colombian living on the border notes: “Everything you see on this street is Venezuelan,” Alejandro Valbuena, a 32-year-old merchant, said on a recent day as a steady stream of loading trucks hauled in crates of dishwashing detergent and diapers behind him. “Looking around here, you can tell why socialism doesn’t work.” The government estimates that Venezuela loses one third of all goods to smuggling. Even if this estimate is inflated, as many allege, to cover up the failures of the Bolivarian Revolution, there is no doubt that smuggling is a serious problem. In such a perverse economy, a prostitute is at the top of the economic pyramid on account of her access to foreign customers, and needed baby formula winds up going to richer neighbors at subsidized rates. Bravo, President Maduro. Published on June 10, 2014 3:41 pm link Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/ Share on other sites More sharing options...
TexasTiger 15,437 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059567 Share on other sites More sharing options...
TheBlueVue 177 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\ Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059606 Share on other sites More sharing options...
TexasTiger 15,437 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059609 Share on other sites More sharing options...
TheBlueVue 177 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059610 Share on other sites More sharing options...
TexasTiger 15,437 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059612 Share on other sites More sharing options...
TheBlueVue 177 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Thats communism pal which is the eventual destination of socialism. Right now the tax payers are taking it in the rear because we have Commander in Chief utterly unwilling to enforce our borders. W/O borders we have no country. Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059615 Share on other sites More sharing options...
TexasTiger 15,437 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Thats communism pal which is the eventual destination of socialism. Right now the tax payers are taking it in the rear because we have Commander in Chief utterly unwilling to enforce our borders. W/O borders we have no country. It's the definition of socialism. http://i.word.com/idictionary/socialism You don't even understand what you're saying. Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059627 Share on other sites More sharing options...
TheBlueVue 177 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Thats communism pal which is the eventual destination of socialism. Right now the tax payers are taking it in the rear because we have Commander in Chief utterly unwilling to enforce our borders. W/O borders we have no country. It's the definition of socialism. http://i.word.com/id...onary/socialism You don't even understand what you're saying. Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Thats communism pal which is the eventual destination of socialism. Right now the tax payers are taking it in the rear because we have Commander in Chief utterly unwilling to enforce our borders. W/O borders we have no country. It's the definition of socialism. http://i.word.com/id...onary/socialism You don't even understand what you're saying. Really? I dont...then what does this mean...from that very source: "a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done" LOL Oh but i do. You prefer to big boy me but thats OK, Ive grown accustomed to your tantrums Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059633 Share on other sites More sharing options...
TexasTiger 15,437 Posted June 12, 2014 Share Posted June 12, 2014 Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Thats communism pal which is the eventual destination of socialism. Right now the tax payers are taking it in the rear because we have Commander in Chief utterly unwilling to enforce our borders. W/O borders we have no country. It's the definition of socialism. http://i.word.com/id...onary/socialism You don't even understand what you're saying. Is somebody promoting socialism? Is someone asleep at the wheel? :-\/> Is someone deeply delusional ? Surely inviting illegal aliens from central America isn't socialistic..is it? Who is going to pay to house and feed these people? What's that have to do with whether government owns the means of production? Thats communism pal which is the eventual destination of socialism. Right now the tax payers are taking it in the rear because we have Commander in Chief utterly unwilling to enforce our borders. W/O borders we have no country. It's the definition of socialism. http://i.word.com/id...onary/socialism You don't even understand what you're saying. Really? I dont...then what does this mean...from that very source: "a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done" LOL Oh but i do. You prefer to big boy me but thats OK, Ive grown accustomed to your tantrums You're funny. You don't mean to be, but you are. Link to comment https://www.aufamily.com/topic/138948-socialism-at-work/#findComment-2059644 Share on other sites More sharing options...
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