Saturday, May 15, 2010

Stunner: Chavez's Socialist Dreamstate Crumbling

Sean Penn must be so proud. Then again he'll probably just blame Bush. Oh wait, Obama is president now.

Venezuela's economy is in trouble despite the country's huge oil reserves. Blackouts plague major cities. Its inflation rate is among the world's highest. Private enterprise has been so hammered, the World Bank says, that Venezuela is forced to import almost everything it needs.

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