Venezuela- what the dilly yo?

Discussion in 'Blazers OT Forum' started by EL PRESIDENTE, Feb 21, 2014.

  1. jlprk

    jlprk The ESPN mod is insane.

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    You might be onto something about the inevitable, inexorable march of history mandating the end of communism, resulting from its contradictory factions. Here's the prequel to your new theory.

    http://critiqueofcrisistheory.wordp...rialism-and-the-inevitable-end-of-capitalism/
     
  2. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  3. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    Leaders Lead.

     
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  4. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Did you hear that from Guiliani?
     
  5. MARIS61

    MARIS61 Real American

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  6. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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  7. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    I think that situation is well beyond a peaceful dialogue.
     
  8. oldmangrouch

    oldmangrouch persona non grata

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    Remind me again why we have a dog in this fight? Does anybody outside of the beltway believe the people of Venezula would welcome foreign invasion?

    I don't know a single Dem who supports NATO intervention to remove Trump. I don't know any traditional Repubs who support Russian intervention to protect him. (the Trumptramps who do support Russian interference can go fuck themselves) Why do we seek to force on others what we would never stand for ourselves?
     
  9. theprunetang

    theprunetang Shaedon "Deadly Nightshade" Sharpe is HIM

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    Because Venezuela is one of the most oil rich countries in the world and has refused to sell to the USA for years. The establishment will not let that go on in perpetuity. They see an opening right now. That is pretty much it.
     
  10. jlprk

    jlprk The ESPN mod is insane.

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    Only people who love to kill hundreds of thousands of people and torture the rest, like this warmonger.

    The Venezuelan economy was stable until American sanctions, which are the sole cause of its problems.
     
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  11. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Hey, we export oil.
     
  12. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    They're just a bunch of good guys trying to make a better world for the Venezuelan masses while enriching themselves. You can see how well it's working.

    Edit: Well, at least half of that is working out.
     
    Last edited: Jan 25, 2019
  13. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    The play is to keep China out of Venezuela. Once they start putting money into that country, its as good as theirs.
     
  14. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    Oil. Other natural resources. We will install a dictator who is "sympathetic" to us. We will bribe him, give Venezuela massive loans. Build infrastructure. Then wait. Put them so far in debt they cannot repay us, then take their oil and whatever else we want.
     
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  15. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

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    China is doing this all over Latin America and Africa. They are looking 100 years ahead.
     
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  16. Chris Craig

    Chris Craig (Blazersland) I'm Your Huckleberry Staff Member Global Moderator Moderator

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    The US has been doing this for 60 some years
     
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  17. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Venezuela is diplomatically supported by Russia, China and Turkey. They all love a strong man.
     
  18. oldmangrouch

    oldmangrouch persona non grata

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    So does Trump most times.
     
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  19. MARIS61

    MARIS61 Real American

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    Venezuela has historically sold about 40% of it's crude oil to the US.

    Without our business they'd likely have collapsed decades ago, as only US, India and China have the capability to refine Venezuelan crude.

    New US sanctions on Venezuela will mean cheap oil for China and India
    Published Mon, Jan 28 2019 • 11:27 PM EST | Updated Mon, Jan 28 2019 • 11:47 PM EST
    Huileng Tan@huileng_tan
    • The Trump administration has announced sanctions against Venezuela’s state-owned energy company Petroleos de Venezuela, better known as PDVSA.
    • PDVSA will have to deeply discount its barrels and countries like India and China will stand to benefit from it, analysts say.
    Venezuela’s President Nicolas Maduro attends a rally in support of his government and to commemorate the 61st anniversary of the end of the dictatorship of Marcos Perez Jimenez next to his wife Cilia Flores in Caracas, Venezuela January 23, 2019.
    Miraflores Palace | Handout | Reuters
    U.S. sanctions on Venezuela’s state-owned oil firm will force the country to sell its energy products at steep discounts to buyers such as China and India, experts said.

    On Monday, U.S. President Donald Trump’s administration announced sanctions against Venezuela’s state-owned energy company Petroleos de Venezuela, or PDVSA.

    The move “will meaningfully dent the (Venezuelan) government’s cashflow,” wrote Risa Grais-Targow, Latin America director at Eurasia Group, a political consultancy.

    “PDVSA will have to deeply discount its barrels in order to displace the heavy Middle Eastern crudes that those refineries are currently processing. This will also carry extra transportation costs, ” she added.

    Washington’s sanctions are aimed at putting pressure on socialist leader Nicolas Maduro to step aside.

    Venezuela was thrust into a political crisis last Wednesday, when opposition leader Juan Guaido declared himself the rightful interim president, prompting world powers including Washington and many Latin American nations to recognize him as the country’s “acting president.” The move spurred Maduro to break relations with the U.S. and order all American diplomatic personnel to leave the country.

    The latest sanctions will transfer control of Venezuela’s oil wealth to forces that oppose Maduro and deprive the strongman of resources that could prolong his grip on power.

    According to National Security Advisor John Bolton, the move will block some $7 billion in state assets, and represents around $11 billion in lost export revenue from the U.S. market.

    That will deal a further blow to PDVSA.

    The firm’s financial situation was already “on a knife-edge” with only about half of its crude oil exports generating cash revenues, said Eileen Gavin, senior politics analyst at Verisk Maplecroft, a risk consultancy.

    The rest is shipped largely to China, as payment in kind for a decade of multi-billion dollar lending, Gavin said in a recent note.

    While PDVSA will be able to find new markets for its crude, refineries in China and India are the “only ones” outside of the U.S. Gulf Coast with the capacity to refine Venezuela’s particular type of heavy, sour crude, according to Eurasia Group’s Grais-Targow.[​IMG]

    The oil-rich South American country will likely seek to sell the crude oil at a discount to other Asian countries as well, traders told Reuters last week.

    Under the new sanctions, U.S. companies can continue to purchase Venezuelan oil, but the payments must be held in an account that cannot be accessed by the Maduro regime.

    Treasury Secretary Steven Mnuchin said PDVSA has long been used by officials and businessmen for embezzlement and corruption. The sanctions will prevent the nation’s oil wealth from being diverted to Maduro and will only be lifted when his regime hands control of PDVSA to a successor government, he added.

    Venezuela is a major supplier of heavy oil, which is largely used to produce distillates like diesel and jet fuel.

    — CNBC’s Tom DiChristopher and Reuters contributed to this report.


    [​IMG]
     
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  20. THE HCP

    THE HCP NorthEastPortland'sFinest

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    OMG! I didn't see this was an old thread and saw this response!!!! I thought....... HE....... was back!
     

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