Blackouts in Venezuela

If you are a Venezuelan citizen, you might be forgiven for thinking that it's not even close to being 2014 for your country: Large parts of Venezuela, including the capital city, were plunged into darkness Monday night after a power outage, government officials said, in what appeared to be the latest failure of the nation's …

“This Is Legalized Looting”

When the Venezuelan regime gets in a hole, it keeps digging: The Venezuelan government has expanded the scope of a crackdown on soaring inflation after sending troops into appliance stores over the weekend to slash prices. Large, sometimes unruly crowds massed outside such chain stores, hoping to take advantage of huge markdowns mandated by the …

The Venezuelan Government Believes that Shooting Yourself In One Foot Is Not Enough

Venezuelan president Nicolás Maduro--who is Hugo Chávez without the charisma, and with an even more diminished intellect--believes (or would have Venezuelans believe) that the key to economic growth in Venezuela is to have the government occupy stores in the country with military forces, and then compel the stores to sell their products at below-the-center-of-the-earth prices. Apparently, he doesn't …