Venezuela is Starving

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But but but socialism can work in America!
It probably depends on what you mean by socialism. If you are talking about soviet style communism, I don’t see significant support for that in this country. On the other hand, our current choices are two big government welfare state parties, which are not strictly speaking socialist. But both parties are antithetical to freedom.
 
Wasn’t Jesus a hard socialist?

Source: The Bible
No, ANV, Jesus was not a socialist, he even was quoted as saying, “give to ceasar what is ceasar’s”, in other words, he was no political figure and/or revolutionary (for the right or left). And as one poster already has pointed out, it is ahistorical to call Jesus a socialist, when the ideology/term did not exist in the 1st century, in other words, it’s an anachronism to say such.
 
On a related note to the crisis in Venezuela - some MLB players have spoken out. Venezuelans make a significant contribution to pro baseball.
MLB Sets Security Restrictions in Venezuela
This situation directly affects Major League Baseball, as the country where baseball players like Miguel Cabrera, José Altuve and Salvador Pérez were born, turns out to be the second highest player supplier to the North American nation, with the Dominican Republic being first. The Opening Day in 2017 had 76 Venezuelans in action among 30 MLB 25-man rosters, and this year’s projections suggest that 80 Venezuelan players should be signed during the July 2 process.
“All the Venezuelan athletes in the world, we’ve got to make noise,” Pirates catcher Francisco Cervelli told the Pittsburgh Post-Gazette last week. “The people in my country are lonely. They are fighting, and no one is helping. People born in Venezuela are killing their own people. It’s crazy. They shouldn’t have the kind of power to do what they’re doing. It’s been 18 years [of Socialist Party rule] already. It’s out of control.”
The seven letters, written in white on his eye black this past week, were small enough to overlook but the more people notice the harder Jose Martinez hopes it will be to do the same to the message.
“SOS,” it read under his right eye.
“VZLA,” under his left.
Martinez, the Cardinals’ starting first baseman Saturday, joined the growing ranks of major-league players from Venezuela to speak up and speak out against the turmoil engulfing their country. Miguel Cabrera, the country’s most famous ballplayer and a former MVP, took to social media earlier this season to decry the actions of Venezuela’s government, and Pirates catcher Francisco Cervelli has also written messages in his eye black and posted videos on social media about the unrest and violence in Venezuela. One of Cervelli’s Instagram posts began, “BASTA YA!!!” (“Enough already.”)
“Something to get attention, something to get help from whoever is watching, from whoever is capable,” Martinez said. “We need help, like a lot of help. Me, others, all my friends in the big leagues, we’re trying to make something for the world to see it.”
 
Venezuela defaulted on part of its $2.5 billion loan from Russia’s state-controlled oil company Rosneft once again, giving Wall Street bond lords cause for concern that a default on PDVSA oil bonds is right around the corner. PDVSA is a quasi-sovereign and is the government’s only remaining cash cow. The government owed Rosneft a reported $950 million.
News of the missed payment sent Venezuela’s $3 billion government bond due 2022 to trade at around 57 cents, for an annualized yield of 29.3% for those lucky (or unlucky) enough to be buyers at those levels. Assuming the par value of the bond was $100, that means the bond is now worth $57. Some bondholders in London immediately questioned whether or not the missed Russia payment constituted a default, the Financial Times reported. The International Swaps and Derivatives Association said it did not.
Investors have been waiting for an official default for nearly a year now. Venezuela keeps pulling a rabbit out of its hat. Last month, Goldman Sachs “loaned” the government $2.8 billion by buying distressed PDVSA bonds. The purchase sent the anti-PSUV crowd into the streets of New York, calling into question the beating, bleeding heart of the famous American “vampire squid.” In its original statement, Goldman said: “We recognize that the situation is complex and evolving and that Venezuela is in crisis. We agree that life there has to get better, and we made the investment in part because we believe it will.”
But it has not. Venezuela is getting worse.
Goldman Sachs might as well consider the $2.8 billion a charitable donation.
 
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