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Tue Mar 26, 2013, 11:52 PM

Venezuela Creates Over 3,000 Committees Against Speculation

Venezuela Creates Over 3,000 Committees Against Speculation

Caracas, Mar 26 (Prensa Latina) Venezuela has about 3,500 committees constituted and sworn against speculation and hoarding, reported today the Minister of Commerce, Edmee Betancourt.

From the state of Cojedes, the official reported that more than 15,000 Venezuelans have joined government efforts to combat usury.

Betancourt said that in the context of the national fight against speculators and hoarders, a total of 28,736 tons of food have been seized so far, which were distributed throughout the country to support the population.

We must always be ready to defend people's access to goods and services and in compliance with the Law of Food Sovereignty, the official said.

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http://www.plenglish.com/index.php?option=com_content&task=view&id=1248651&Itemid=1

21 replies, 2391 views

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Arrow 21 replies Author Time Post
Reply Venezuela Creates Over 3,000 Committees Against Speculation (Original post)
Catherina Mar 2013 OP
Judi Lynn Mar 2013 #1
naaman fletcher Mar 2013 #2
sabrina 1 Mar 2013 #3
naaman fletcher Mar 2013 #4
sabrina 1 Mar 2013 #5
naaman fletcher Mar 2013 #6
sabrina 1 Mar 2013 #7
naaman fletcher Mar 2013 #8
sabrina 1 Mar 2013 #13
naaman fletcher Mar 2013 #14
sabrina 1 Mar 2013 #15
naaman fletcher Mar 2013 #16
Bacchus4.0 Mar 2013 #9
sabrina 1 Mar 2013 #10
Bacchus4.0 Mar 2013 #11
sabrina 1 Mar 2013 #17
naaman fletcher Mar 2013 #12
sabrina 1 Mar 2013 #18
naaman fletcher Mar 2013 #19
sabrina 1 Mar 2013 #20
naaman fletcher Mar 2013 #21

Response to Catherina (Original post)

Wed Mar 27, 2013, 01:39 AM

1. Superior idea, it's about time. Hoarding has been used as an evil weapon

against the elected President relentlessly since he took office in February, 1999.

It's about time someone started giving them some resistance. They should NEVER have been allowed to do so much damage as they've done already. NEVER.

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Response to Judi Lynn (Reply #1)

Wed Mar 27, 2013, 04:46 AM

2. Who is doing the hoarding?

 

Where is the evidence that it is anything except regular people doubling up on Milk and other products when they are available?

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Response to naaman fletcher (Reply #2)

Wed Mar 27, 2013, 08:59 AM

3. The article explains it. They are talking about something we need to do here,

'usury' and price gauging.

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Response to sabrina 1 (Reply #3)

Wed Mar 27, 2013, 09:10 AM

4. The article doesn't explain shit

 

This is the same thing that happens every single time in every location that price controls are imposed. And if you look back you can see i predicted exactly this would happen.

Price controls always lead to shortages. The dumbasses who impose price controls AlWAYS blame speculators and hoarders.

You can set your watch to it.

Things will only get worse.

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Response to naaman fletcher (Reply #4)

Wed Mar 27, 2013, 10:20 AM

5. Temporary price controls are often used when there are shortages of

basic goods needed for survival. They are currently being used in Argentina, eg, supposedly for a two month period. They have been used throughout history, including by THIS country and so long as they are temporary, CAN get a country though a difficult period. Of course Friedman 'capitalists' want no 'controls' whatsoever for any reason. And we all know how successful that form of predatory capitalism has worked for the world.

The problem as always, is with those who see opportunity to profit from human suffering. If price controls have failed it is because of the profiteers who create a greater shortage by hoarding food, a reprehensible thing to do, in order to enrich themselves.

Every government that has tried these policies has cracked down on those who attempt to profit illegally from an attempt to make necessary goods available to everyone.

The article, short though it was, was pretty clear to me. If you object to any kind of price controls, that is your right.

I eg, believe that runaway Capitalism should be reigned in. Interest rates on Credit Cards, eg, should be limited when they reach the point they have now, which can only be described as 'usury'.

People can debate how to ensure that people do not starve or freeze to death due to out of control high prices for necessary goods and services. Some countries refuse to privatize some of these necessary goods and services, such as WATER, Energy Companies, HC etc. But to say a government doesn't have the right to try everything they can to protect ALL of its people, is utter nonsense. And when criminals subvert those efforts for profit, they should expect consequences.

The issue is that price gauging and usury and hoarding right now is against the law in Venezuela, as it has been here and elsewhere.

Whether the policies will work or not, is another matter. But they certainly won't work when profiteers with no regard for human beings, are deliberately undermining them.

We've seen around the world what the absence of regulations has done to the world's economies. Those policies have turned First World countries into Third world nations with no sovereignty in many cases.

If you have a solution to make sure that everyone has access to life-saving goods and services, then present it. Meantime, thanks to the criminals who crashed the world's economies, not to mention our own disastrous policies towards Latin America over the past century, every country in the world is suffering, including Venezuela and their government, just like ours has done in the past, has the right to try whatever they think will work to help their own people survive during these times. And anyone who undermines those efforts for profit, are despicable human beings.

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Response to sabrina 1 (Reply #5)

Wed Mar 27, 2013, 10:25 AM

6. Give me an example

 

Where price controls did not lead to shortages

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Response to naaman fletcher (Reply #6)

Wed Mar 27, 2013, 10:31 AM

7. Give me an example of price controls not being undermined

by greedy profiteers hoarding and exacerbating the problem. No policy can work when there are greedy morons with zero morality rushing to take advantage of the situation.

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Response to sabrina 1 (Reply #7)

Wed Mar 27, 2013, 10:53 AM

8. Lol

 

In other words, you can't name a single time that price controls have EVER been successful.

Who are the greedy profiteers hoarding now? That was my original question.

I'll tell you who they are: they are ordinary people who when they see something actually available they buy double because they know it won't be available next time.

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Response to naaman fletcher (Reply #8)

Wed Mar 27, 2013, 11:43 AM

13. You have no examples? Well, there are examples of success with price controls.

FDR's program of price controls from 1939-43 is one example. To achieve that success they did have to do as Venezuela is attempting to do now, set up groups, at that time mostly volunteers, there were thousands of them, to keep track of compliance and to educate people who had questions about what prices they should pay, and for businesses, they should charge.

Compliance was good, there were some who tried to take advantage of the situation as always, but overall, people did abide by the rules.

Venezuela may be modeling their program on FDR's. The setting up of those 3,000 organizations eg, is similar to what he did.

I am certain that there were those who objected to the policies and we know from historical accounts, there were the usual predators.

But my point was that the reason such policies fail is generally because of non-compliance by those who see every human crisis as an opportunity for their own personal gain. Predators iow. FDR made it hard for them to operate.

And btw, the price controls implemented by FDR were far more extensive than just food. But he did it for the good of the country, as the Venezuelan Govt is trying to do.

There are other examples, but i'm not here to educate people about history, I don't have that much free time on my hands.

As for your claim, without any proof, that the Ven. Govt is after innocent housewives buying two doz eggs instead of one, that is preposterous. Unless Ven housewives are in possession of huge Warehouses where they are keeping their measly supplies of eggs. Please try to stick to facts.

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Response to sabrina 1 (Reply #13)

Wed Mar 27, 2013, 11:48 AM

14. Let's see some sources on that

 

My examples are:

Venezuela, right now! Price controls were put in, and what has happened? Shortages!

How about Zimbabwe?

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Response to naaman fletcher (Reply #14)

Wed Mar 27, 2013, 12:01 PM

15. You left out something. Price controls were undermined by

predatory profiteers. Hopefully, following the example of FDR, Venezuela will deal effectively with the violators.

I know that Friedman Capitalists, the ones who crashed the world's economy, hate anything that disrupts unregulated 'capitalism' even when it may save lives.

FDR was a practical man who made mistakes, even when he first implemented price controls and they did not get the results he wanted, he went back to look at the reasons why and then corrected them.

See Google, it is a very effective tool and has an incredible amount of information on the history of price controls going all the way back to Biblical times. It certainly isn't a new idea thought up by the 'evil Venezuelans'.

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Response to sabrina 1 (Reply #15)

Wed Mar 27, 2013, 12:04 PM

16. LOL.

 

Again, let's seem some source. You can claim all you want that they were undermined by profiteers, but you have no evidence. Being against price controls does not make one a "freidman capitalist" it makes one a Krugman capitalist.

Price controls always and everywhere lead to shortages (assuming the gov't set price is below the equilibrium price, of course).

You can't get around it.

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Response to sabrina 1 (Reply #7)

Wed Mar 27, 2013, 10:56 AM

9. so in other words, you admit price controls never work

but you support them anyway. brilliant!!

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Response to Bacchus4.0 (Reply #9)

Wed Mar 27, 2013, 11:07 AM

10. So in other words, you have no examples. I never said whether I support them

or not. You often seem to have a problem reading what people actually say. What I support is a sovereign government's right to implement policies which they intend to benefit their people, and to prosecute anyone who undermines those efforts for profit.

Just as was done here, in Argentina, and in every other nation where greedy, profiteers undermined democratic governments attempting to make things better for their people.

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Response to sabrina 1 (Reply #10)

Wed Mar 27, 2013, 11:13 AM

11. I support the right to criticize a government's stupid policies

price controls haven't improved the food supply in Venezuela. and I repeat, you just stated that price controls don't work and you support them anyway.

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Response to Bacchus4.0 (Reply #11)

Wed Mar 27, 2013, 12:04 PM

17. Was FDR 'stupid' in your opinion?

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Response to sabrina 1 (Reply #10)

Wed Mar 27, 2013, 11:42 AM

12. There are very specific examples of price controls not working:

 

In short: Every place they have ever been tried. Let's start with 1. Venezuela right now. 2. Zimbabwe.... how many more do I need to list?

but YOU can't list a single place that they have EVER worked.

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Response to naaman fletcher (Reply #12)

Wed Mar 27, 2013, 12:06 PM

18. And in all of those instances, they don't work because they have been

undermined by predatory profiteers. I asked you for an example of them failing ABSENT these predatory profiteers. You failed to give me an example. So I gave YOU one.

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Response to sabrina 1 (Reply #18)

Wed Mar 27, 2013, 12:13 PM

19. What?

 

Who were the predatory profiteers in Zimbabwe? Do you have any evidence at all of these predatory profiteers?

By the way, this is what we meant earlier about useful idiots. The law of supply and demand is very straight-forward, however you are willing to believe a delusion in order to try to ignore it.

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Response to naaman fletcher (Reply #19)

Wed Mar 27, 2013, 12:24 PM

20. The issue was Venezuela's govt setting up 3,000 organizations to ensure

compliance with its current policy of price controls. China btw, and Argentina are doing the same thing.

As I pointed out, this was done by FDR, when YOU requested an example of price controls being successful.

I asked you for an example of any failed attempt at price controls that DID NOT include what is happening in Venezuela right now, predatory opportunists undermining the Government's efforts to curb inflation. You were unable to provide any such example.

If you are using Zimbabwe as an example of the failure of this policy WITHOUT what is happening in Ven right now, violators undermining the policies, then please explain and provide some direction as to where this claim can be proven.

Otherwise your veering off to Zimbabwe has zero relevance to this discussion.

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Response to sabrina 1 (Reply #20)

Wed Mar 27, 2013, 01:34 PM

21. OK

 

1. You have offered no proof that the shortages in VZ are due to hoarders, as opposed to the everywhere (except by useful idiots) known fact that price controls cause shortages.

2. Please cite me an FDR price control that did not result in shortages. You claim it, but I dispute it.

3. Yes, you asked for an example. I gave you two: VZ now (because you refuse to back up that is is caused by hoarders) and Zimbabwe.

4. My claim is that price controls always and everywhere lead to shortages. Everybody who has taken econ 101 agrees with this. It is your job to disprove that. Zimbabwe is an example.

5. Zimbabwe is entirely relevant. You just want to ignore the fact that price controls everywhere and always lead to shortages (assuming of course the price level is set below equilibrium). You would like to ignore it.

The fact is that when these price controls in VZ were put into place, everyone predicted that shortages would result, and history says that the dumbasses that put price controls into place always blame hoarders. So now the shortages are here and you are blaming hoarders.

Here is what we can do: Let's predict the next 6 months.

I predict that shortages will not only still exist but get worse. What is your prediction? Are you predicting that these groups of anti-hoarders will somehow change the situation?

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