Just posted. Long lines of cars waiting for rationed gasoline in Caracas, Venezuela

When Columbus and Co. arrived to the western side of Venezuela, they noticed two interesting things: 1) The local indians lived in the lake on houses built on stilts, and 2) this black liquid substance kep floating up in the same lake. Oil as we know it.

Socialism has collapsed the oil industry in Venezuela where now the country has to import gasoline at market prices but by its own bull, must have to sell  it a very low and subsidized prices continuing a decades old lie to the economy. It was the left who created riots in the early 90s when a president suggested the price of gasoline should be cost rather than subsidized to stop the bleeding of money.

But at least one tradition remains: Oil can still be found floating in Lake Maracaibo although not because it escape naturally from underground but because Socialism destroys what it touches.

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By Miguel.GFZ

Semi-retired like Vito Corleone before the heart attack. Consiglieri to J.Kb and AWA. I lived in a Gun Control Paradise: It sucked and got people killed. I do believe that Freedom scares the political elites.

Only one rule: Don't be a dick.

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