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Venezuela Falling Behind
Christopher Frank writes "Seems Venezuela's lack of power has finally caught up with them! MSNBC has the story: 'If you thought Venezuela's political crisis seemed to be dragging for an impossibly long time -- you were right. In a bizarre mass-malfunction, Venezuela's clocks are ticking too slowly due to a power shortage weakening the electric current nationwide. By the end of each day, the sluggish time pieces still have another 150 seconds to tick before they catch up to midnight.'"
It's not the lower power / current / whatever. It's the lower frequencies on the AC lines.
And besides any quartz clock won't be affected anyway. The ones that will suffer is those bedside alarm clocks you plug in - those red / green ones that are oh-so-common in the US.
Any idea why there are 0 of them in Japan? Japan runs on 50Hz east side and 60Hz west side, which would make clocks like that completely fall over itself. (something about buying geneator equipment from siemens (europe) for the east side and from US for the west-side - and stuck)
Interesting, but I don't think it's really that much of a "news." should at least up the "it's funny" icon
My life in the land of the rising sun.
The leader of the country, Cesar Chavez I believe, wants to turn the country into another Cuba. He is really communist and was elected to a six year term by 80% of the population.
The economy collapsed and now the business, political elite, Army, Navy, and Unions want him gone.
He was couped against for two days last year and he was put back into power by his allies. But they can't get rid of him till August, so they are holding a national strike every couple of months to get rid of him with varying success.
It's the main reason gasoline is so expensive and oil is now $40 a barrel, not Iraq. It accounts for %15 of our supply.
It's not cocaine to the lower posters, that is columbia. Chavez does host some of the rebels, supposedly, but he doesn't really care one way or the other.
Unfortunately, I can't seem to find (quickly) my links to the forums or best analysis I have read about the situation there
Maybe tomorrow I will send you more links (this should keep you busy for a litte bit anyway) ;o)
will work for Karma
Cesar Chavez was a Mexican union activist in the 1960's. Hugo Chavez is the man you want, a man who attempted his own coup in 1992. When that didn't work, he ran for el Presidente. And won.
About 70% of the population is in poverty, the base from which Chavez draws his support. The middle class (and upper class) seemingly hate him, which is why his communist ideas resonate with most poverty-stricken Venezuelans.
[ I am not sure about the numbers (80% or 40%) but it's roughly within the ball-park figures ]
will work for Karma
The link below discusses not just the Iraq war, but the how oil is tied to the world economies at a very low level and how Venezuela is in some sense at the heart of the matter with their use of oil as a fiat currency in lieu of the US dollar among their latin american trading partners. http://www.ratical.org/ratville/CAH/RRiraqWar.html
Although completely suppressed by the U.S. media and government, the answer to the Iraq enigma is simple yet shocking -- it is an oil currency war. The real reason for this upcoming war is this administration's goal of preventing further Organization of the Petroleum Exporting Countries (OPEC) momentum towards the euro as an oil transaction currency standard. However, in order to pre-empt OPEC, they need to gain geo-strategic control of Iraq along with its 2nd largest proven oil reserves. This essay will discuss the macroeconomics of the `petro-dollar' and the unpublicized but real threat to U.S. economic hegemony from the euro as an alternative oil transaction currency. The author advocates reform of the global monetary system including a dollar/euro currency 'trading band' with reserve status parity, and a dual OPEC oil transaction standard. These reforms could potentially reduce future oil currency warfare.
My DVD and Game Collection Tracking L
Consider an economic model of massively concentrated wealth based on control of a single natural resource, and the distorting effects on markets of land, labor, and goods created by a small cash-rich sector, and you'll understand what happened. More or less a classic race-to-the-bottom scenario.
I do not where you get your information but I get it straight from the horse's mouth as my family lives there.
I lived there for 20 years and, as I said, my family still lives there. We have never been well-to-do. If anything, we have always been very-low-middle class (because I could not consider myself poor when I had food on my table -sometimes just two meals a day- and a roof on my head).
My family's situation has not improved! Nobody's standard of living has improved. THEY ARE ONLY GETTING WORSE
When you lose any ability to educate yourself, freedom of expression, your job, social security, inflation and unemployment doubles and the right to use your own money (albeit in foreign currency, but still yours);
how can your claims be believed or even substantiated?
Please educate yourself in the matter before you make such *outrageous claims*
P.S. Let me know if you need actual examples of how things are getting worse over there (In fact the article that started the threat is one of many)will work for Karma