Venezuelan Government

Something It cannot be denied, it is that Chavez has much imagination to break laws. A new example of this has been what happened two weeks ago when covered in a new law passed by the ruling majority in the Parliament, Chavez appointed Jaqueline Faria as the first head of Government of Caracas. So with this designation, Faria would exert more of the functions falling within competence of Antonio Ledezma, the opposition is the owner of the Metropolitan Mayor’s Office who has been elected by popular vote. Chavez takes what you need without considering the consequences. The private sector presence with fear how the Venezuelan Government moves in their dispossession crusade. In addition to companies, in recent days, the Government has decided to expropriate lands (about 3,500 hectares) which considered that they were underused. But the worst case is that, according to the Government, this began an offensive of rescue of lands with which one should expect new expropriations.There is no consolation for the population that also sees how Chavez policy has generated an irreparable damage to the economy and has squandered the immense resources from the oil wealth. The justification that Chavez claimed to justify its actions, the seek to give priority to the situation of the needy, has no true correlate in the facts.

This year, the IMF has projected that the Venezuelan economy suffer a contraction of 2.2 per cent and for worst, 0.5% will continue shrinking in 2010, which will mean an increase of unemployment, especially in the lower-income segments. Inflation in Venezuela does not yield, it stays high at 28.1 per cent year on year and affects mainly the poorest.If Chavez said to govern for the poor, why they are increasingly worse? Does not stop the advance of Chavez on individual rights and private property. How long can the Venezuelan people support these abuses of a representative elected under the principles of democracy? The opposition, which suffers the persecution constant of Chavez, the students and now the Church of Venezuela seek to resist the outrages of the President. The Venezuelan Church has done to feel concern by ignorance of the popular will and the increasing arbitrariness in the administration of Justice which has been observed in the last time. In Venezuela it can not comment in a manner contrary to the Government and it denounces the Church: has diminished the right that has citizens with truthful information, through a gradual escalation of official interventions that aims to limit the autonomy of the media. And if the foregoing outside little, the Chavez speech hits on more than one occasion with their own actions. Do you make a gift to your worst enemy? I understand that not.

But Chavez did and just you give neither more nor less than an island to the United States. He did so through the company Citgo, a subsidiary of Petroleos de Venezuela (PDVSA) and donated to the State of New Jersey. In this situation, the Venezuelan economy State It has few opportunities to resist and not go into crisis. Inevitably the same deterioration will continue, and the private sector will be increasingly less willing to invest before the impossibility of making sure that the profitability of the project may be appropriate by the company itself and not by the Venezuelan Government. There are major doubts about that this situation will result in a crisis in Venezuela, only remains to know when.