VenEconomy: The National Assembly (AN) has been revving up its engines in order to consolidate the Castro-communist project. Its haste is due to the fact that its absolute power expires in January 2011 thanks to the will of the people who voted against revolutionary hegemony on September 26.
With this last-ditch effort, the redder-than-red parliamentarians will complete the Chavista project's legal network with five laws relating to the People's Power or Branch. Naturally, they will not approve them before mounting a show of taking them out on the street to "consult" with "their people."
These five new laws are the Organic People's Power Act, the People's Public Planning Act, the Communes Act, the Social Comptrollership Act, and the amendment to the Communal Economy Promotion and Development Act.
This package of laws is being camouflaged with the promise of giving people the opportunity to actively participate in the decisions of the State. This is a total fallacy, if account is taken of the fact that all these laws are aligned with the Federal Council of Government Act, a body that comes under the absolute authority of the President of the Republic.
The truth of the matter is that these laws will give another harsh blow to decentralization in order to concentrate all the power in the President's hands. The regional and municipal authorities will be appointed by Chavez at his discretion, and political-territorial policies will also depend on Miraflores.
Equally serious is the fact that it will give another mortal blow to private property. By establishing so-called social property, the government will become the owner of everything and it will be the government that will decide what, where, when, and how to produce.
This Thursday another bill joined the five new laws mentioned above when it was submitted to the plenary session of the National Assembly for its first debate: the Banking Sector Institutions Bill, which contains the same communist poison, in this case bringing the banks into line with the socialist plan.
Then there is the 2011 Budget Bill presented by Jorge Giordani to the National Assembly, which makes the government's intentions quite clear. The Budget Bill proposes handing over 35% of what was formerly distributed through the Intergovernmental Decentralization Fund - FIDES (=15% of VAT revenue) and the Special Economic Allocations Act - LAEE (=25% of oil revenue) to community organizations. Based on an average oil barrel price of $40 -as proposed in the Budget Bill-, this 35% would represent Bs.F.4.6 billion of a total of Bs.F.12.88 billion. Until now, under existing rules, the Bs.F.12.88 billion should be sent in full, directly and without delay, to the regions and municipalities.
Once again, following a defeat, Chavez is pushing ahead with his plan to make Venezuela a country of communes.
Sunday, November 14, 2010
Tuesday, November 2, 2010
VenEconomy // Even more evident how truly evil Chavez' revolution is
VenEconomy: On October 31, it was made even more evident how truly evil this revolution advocated by Hugo Chavez is.
Until now, there are those who might could have found a degree of rationality or justification in this government's demagogical decisions; and yet others might have attributed to certain confiscatory measures some "benefit" for this or that sector of the population.
The expropriations of Constructoras de Valvulas, Venepal, and Rualca, say, which allegedly were to have given way to social companies where workers had a shareholding, or the de-privatization of SIDOR, which was applauded by the workers because of promises of improved wages and better benefits. Today all these companies are mere shadows of their former selves and the workers are still waiting for just some of the promises to be made good.
Something for which there is no objective, political or ideological reason or justification is the confiscation of Siderurgica del Turbio (Sidetur), a company of the Sivensa Group that manufactures and markets steel and steel products.
In order to justify this confiscation, this Sunday the President accused Sidetur of selling its products at very high prices. That is a lie.
Sidetur is a socially responsible company that abides by the law. The products it manufactures and markets are key inputs for the construction sector whose prices have been regulated since 2006, even though there has been inflation of more than 100% since then.
What benefit will Sidetur in government hands bring to the country? VenEconomy can find not a one. But a cynic might think that Chavez wins by removing from the game a company that has demonstrated that the private sector can, in fact, work with the communities, even better than the government itself.
Nor does the confiscation of six urban developments in Yaracuy, Carabobo, and Miranda or the temporary occupation of eight more developments or the special measures against 19 more announced by the President in his Sunday program this Sunday make any sense whatsoever.
Who benefits or what is gained by confiscating buildings that are already under construction? No one. However, the country loses in terms of investments that will now not be coming and sources of productive employment that it will not have.
Today, Venezuela is a confiscated country where more than 350 private companies have been destroyed and more than 2 million hectares of fertile productive land left fallow or producing less. There is no information about a single case where these properties are producing more or at lower cost, are creating more jobs or generating better benefits for their workers.
In conclusion, Venezuela is a country where those who are governing it destroy simply for destruction's sake in the interests of a communist revolution that the majority of Venezuelans don't want.
Until now, there are those who might could have found a degree of rationality or justification in this government's demagogical decisions; and yet others might have attributed to certain confiscatory measures some "benefit" for this or that sector of the population.
The expropriations of Constructoras de Valvulas, Venepal, and Rualca, say, which allegedly were to have given way to social companies where workers had a shareholding, or the de-privatization of SIDOR, which was applauded by the workers because of promises of improved wages and better benefits. Today all these companies are mere shadows of their former selves and the workers are still waiting for just some of the promises to be made good.
Something for which there is no objective, political or ideological reason or justification is the confiscation of Siderurgica del Turbio (Sidetur), a company of the Sivensa Group that manufactures and markets steel and steel products.
In order to justify this confiscation, this Sunday the President accused Sidetur of selling its products at very high prices. That is a lie.
Sidetur is a socially responsible company that abides by the law. The products it manufactures and markets are key inputs for the construction sector whose prices have been regulated since 2006, even though there has been inflation of more than 100% since then.
What benefit will Sidetur in government hands bring to the country? VenEconomy can find not a one. But a cynic might think that Chavez wins by removing from the game a company that has demonstrated that the private sector can, in fact, work with the communities, even better than the government itself.
Nor does the confiscation of six urban developments in Yaracuy, Carabobo, and Miranda or the temporary occupation of eight more developments or the special measures against 19 more announced by the President in his Sunday program this Sunday make any sense whatsoever.
Who benefits or what is gained by confiscating buildings that are already under construction? No one. However, the country loses in terms of investments that will now not be coming and sources of productive employment that it will not have.
Today, Venezuela is a confiscated country where more than 350 private companies have been destroyed and more than 2 million hectares of fertile productive land left fallow or producing less. There is no information about a single case where these properties are producing more or at lower cost, are creating more jobs or generating better benefits for their workers.
In conclusion, Venezuela is a country where those who are governing it destroy simply for destruction's sake in the interests of a communist revolution that the majority of Venezuelans don't want.
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