The Chávez Meltdown. There's a lot of ruin in Venezuela.

[naaman fletcher]

http://online.wsj.com/article/SB10001424052748704362004575000922680308014.html

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Earlier this month, the Venezuelan strongman moved the official U.S. dollar exchange rate to 4.3 bolivars to the greenback from 2.15. At a stroke, he wiped out the savings and purchasing power of the very working-class people he purports to represent, most of whom have barely been getting by. News of the devaluation instantly sent the country—where consumer prices had already risen by 25% in 2009, according to official figures—into a panic, with consumers standing in line to stock up on goods before prices rose.

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This is from the WSJ, so the above can't possibly be true. These corpo-fascists are making this up.

[RaleighNCDUer]

1. "Venezuelan strongman" rather than Venezuelan President

clearly demonstrates the article's bias,

and in case you're not aware there is a world-wide recession going on. Shit happens, bad shit happens.

Try finding an objective source for your information.

[Name removed]

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[RaleighNCDUer]

7. My bad. It's kinda like an itch I know I shouldn't scratch... nt

[Name removed]

3. Deleted message

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[Renew Deal]

4. Sounds like the borrowed the idea from Kim Jong-Il

[EFerrari]

5. Chavez is not the one melting down tonight.

:)

[donheld]

6. Wall-Street Journal Opinion page?

Total garbage.

[Jim Sagle]

8. There's a lot of ruin right here in River City.

Maybe we should fix the USA before pontificating about Venezuela.