In my last post, I forgot to mention that in Venezuela, gasoline is sold heavily subsidized. This bill was making the twitter rounds this afternoon and it is very illustrative of Socialism madness.
That is 36,902 liters or almost 10,000 gallons of gasoline for a grand total of 1.78 Bolivares.
The official rate at time of writing was 1 Bolivar = 0.14 Dollars which makes the price of 10,000 gallons of gasoline $ 0.249 or let’s just round it to a good old America quarter.
This is madness even for an oil producing country with all its systems working to perfection.
And as the Iron Lady said, “Socialism only works until you run out of other people’s money.”
Nobody ever gets what they put into the system; it all goes to someone else.
I teach my kids to be wary of “free” stuff: If you’re getting something for nothing, someone else is getting nothing for something.
(For the older kids: Alternatively, they’re getting something else from you, and you should be sure you know what it is and why they want it before accepting. Think: Facebook data-mining personal information.)
Lower gas prices. The only thing socialism got right.
This is just more proof to crazy socialists that socialism is working. I had a self identifying Communist try and tell me that Venezuela was 70% capitalist and that’s why it was failing. Essentially, the old “That’s not real socialism” line.
Nothing convinces these morons. No amount of dead bodies, misery or suffering will change the mind of that kind of cult-like religious belief.
BrEaD lInEs ArE a GoOd ThInG! ~ Something Bernie Sanders actually said.