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description= 10 posts published by moctavio during January 2009;
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the, by, from, chavez, devil, excrement, for, to, blog, blogs, venezuelans, revolution, it, petkoff, as, under, archive, january, 2009, unknown, feed, subscribe, via, email, categories, all, miguel, octavio, blogroll, recent, posts, archives, pages, meta, stats, oil, revenues, per, capita, since, 70, rules, another, shameful, day, caracas, synagogue, desecrated, heavily, armed, groups, long, term, view, of, monetary, liquidity, and, international, reserves, in, venezuela, believe, or, not, because, loves, us, responding, general, teodoro, first, serious, poll, after, referendum, proposal, changed, yes, ahead, small, margin, economic, tales, venezuelan, politely, asks, equal, treatment, law, military, snaps, back, at, him, housing, puzzle, hugo, should, learn, zimbabwe, things, deteriorate, will, never, be, fault,
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the (397), and (138), that (100), not (45), chavez (40), are (39), for (39), you (37), have (36), but (33), with (32), has (31), january (30), this (29), government (27), all (27), 2009 (26), #because (26), was (25), #venezuela (24), which (24), general (22), were (21), people (19), there (19), time (18), will (18), housing (18), vote (18), may (17), 2008 (17), they (17), been (17), his (16), march (16), october (15), november (15), december (15), february (15), april (15), july (15), armed (15), forces (15), august (14), september (14), june (14), 2007 (14), from (14), one (14), some (14), can (14), petkoff (14), 2004 (13), 2005 (13), what (13), had (13), about (12), 2003 (12), 2006 (12), 2010 (12), 2011 (12), 2012 (12), 2013 (12), 2014 (12), 2015 (12), who (12), large (12), comment (11), should (11), like (11), only (11), when (11), gonzalez (11), cases (11), officials (11), again (10), venezuelan (10), venezuelans (10), posted (10), per (10), today (10), oil (10), revolution (10), pdvsa (10), reserves (10), devil (9), now (9), even (9), would (9), those (9), without (9), once (9), any (9), electoral (9), our (9), exchange (9), rate (9), excrement (8), other (8), 2016 (8), leave (8), get (8), its (8), part (8), units (8), them (8), first (8), after (8), president (8), him (8), constitution (8), referendum (8), country (8), down (7), things (7), year (7), how (7), many (7), build (7), very (7), does (7), than (7), polls (7), law (7), way (7), their (7), see (7), love (7), said (7), voters (7), international (7), another (6), 2002 (6), back (6), inflation (6), always (6), never (6), thus (6), then (6), few (6), too (6), plan (6), over (6), problem (6), hugo (6), dollars (6), revenues (6), going (6), behavior (6), process (6), voting (6), paper (6), pretended (6), service (6), these (6), military (6), says (6), out (6), devaluation (6), bolivars (6), email (5), subscribe (5), high (5), bank (5), person (5), little (5), each (5), more (5), considered (5), right (5), billion (5), true (5), under (5), 000 (5), republic (5), managed (5), serious (5), while (5), upcoming (5), laws (5), well (5), pamphlet (5), polling (5), anti (5), ratio (5), plot (5), circulation (5), blog (4), feed (4), 2017 (4), give (4), course (4), posts (4), miguel (4), opposition (4), million (4), central (4), including (4), good (4), funds (4), know (4), number (4), much (4), could (4), before (4), being (4), such (4), given (4), last (4), seems (4), price (4), just (4), through (4), despite (4), days (4), caldera (4), showing (4), yes (4), partiality (4), editorial (4), press (4), conference (4), asking (4), simply (4), homeland (4), attack (4), don (4), itself (4), hope (4), credentials (4), witnesses (4), place (4), hand (4), themselves (4), made (4), same (4), clear (4), companies (4), paid (4), making (4), late (4), decided (4), poll (4), members (4), world (4), oligarchs (4), capita (4), comments (3), log (3), sign (3), wordpress (3), com (3), hits (3), control (3), shows (3), something (3), why (3), recent (3), excremento (3), del (3), diablo (3), caracas (3), orchids (3), fonden (3), your (3), occurred (3), low (3), remain (3), puzzle (3), talked (3), huge (3), maybe (3), end (3), none (3), built (3), nothing (3), minister (3), projects (3), wrong (3), years (3), life (3), economy (3), rather (3), easy (3), money (3), came (3), power (3), project (3), ivth (3), 1994 (3), reelection (3), ahead (3), lead (3), real (3), question (3), nervous (3), decide (3), side (3), treason (3), man (3), traitor (3), future (3), vice (3), seen (3), stop (3), socialism (3), majority (3), newspaper (3), let (3), history (3), closed (3), transported (3), closing (3), forced (3), line (3), open (3), contrary (3), feel (3), men (3), public (3), clearly (3), teodoro (3), point (3), indeed (3), party (3), since (3), yourself (3), sanz (3), suppliers (3), below (3), twice (3), sorry (3), think (3), unfortunately (3), margin (3), held (3), exclusive (3), case (3), attribute (3), group (3), republica (3), amendment (3), humble (3), ourselves (3), together (3), loves (3), currency (3), official (3), devalue (3), crisis (3), devaluations (3), dollar (3), value (3), shameful (3), synagogue (3), export (3), required (2), view (2), subscribed (2), already (2), account (2), join (2), subscribers (2), entries (2), 2018 (2), hyper (2), inflated (2), arepa (2), index (2), blogs (2), quico (2), juan (2), pedro (2), uncategorized (2), address (2), enter (2), new (2), error (2), probably (2), try (2), later (2), older (2), zimbabwe (2), proving (2), defend (2), still (2), done (2), job (2), numbers (2), due (2), corruption (2), minsiter (2), did (2), half (2), fund (2), use (2), different (2), higher (2), next (2), assigned (2), amounts (2), forcing (2), help (2), terrible (2), appointed (2), spent (2), went (2), ministry (2), current (2), sesto (2), interested (2), announced (2), heard (2), anything (2), amount (2), five (2), resources (2), two (2), become (2), prices (2), implement (2), everyone (2), ambitious (2), between (2), memory (2), thousand (2), building (2), priority (2), fact (2), bad (2), example (2), extremely (2), levels (2), traitors (2), makes (2), indefinite (2), show (2), reduced (2), agree (2), looking (2), denounced (2), certainly (2), charge (2), democratic (2), office (2), insulting (2), equality (2), far (2), nor (2), votes (2), junky (2), read (2), review (2), whole (2), dream (2), ones (2), advance (2), manipulate (2), beyond (2), reasonable (2), respectfully (2), cites (2), live (2), guarantee (2), worse (2), opened (2), pro (2), allow (2), legal (2), known (2), witness (2), order (2), main (2), noted (2), tone (2), election (2), personnel (2), civilians (2), tal (2), cual (2), coffee (2), sugar (2), milk (2), toilet (2), famous (2), alone (2), aluminum (2), almost (2), collapsed (2), according (2), foreign (2), arbitrage (2), payments (2), provide (2), services (2), drilling (2), ensco (2), economic (2), focused (2), used (2), position (2), trend (2), proposal (2), close (2), against (2), changed (2), small (2), article (2), allowed (2), political (2), role (2), ratify (2), force (2), competence (2), board (2), took (2), tables (2), table (2), within (2), stations (2), honor (2), response (2), reasons (2), opportunity (2), where (2), human (2), relations (2), executioners (2), humanity (2), path (2), capitalism (2), proposes (2), strengthen (2), own (2), possible (2), acquire (2), risk (2), black (2), fewer (2), swap (2), eventually (2), graph (2), getting (2), chasing (2), left (2), carlos (2), andres (2), sharp (2), rise (2), luis (2), herrera (2), abroad (2), keep (2), red (2), implicit (2), measure (2), better (2), monetary (2), liquidity (2), perez (2), day (2), politics (2), israel (2), cars (2), reason (2), pay (2), hate (2), model (2), website, name, write, loading, collapse, bar, manage, subscriptions, site, reader, report, content, privacy, 213, feeds, valid, css, xhtml, 730, 387, stats, create, meta, proof, institutional, intolerance, pages, archives, doesn, change, uii, reaches, libertarian, bruni, veneconomia, urru, mario, megaresistencia, liberal, venezolano, letter, javier, gustavo, coronel, daniel, gringo, alfredo, blogroll, charts, octavio, candidates, papers, fable, technology, tascon, fascist, list, stanford, models, requena, files, posters, pictures, maletagatetrial, latinamerica, granmalies, dissidentmilitary, digressions, categories, 851, receive, notifications, via, unknown, feb, dec, 200, cent, head, helping, solve, cholera, epidemic, autocrats, ready, thinks, learn, deteriorate, fault, combination, leack, epertize, management, suggested, execute, budget, miranda, sort, petty, cash, understands, ineffectiveness, blames, aspect, suggests, expeceted, boom, understanding, believing, instead, banks, lend, increasing, top, apparently, assigning, deciding, gets, every, suspended, until, understand, situation, erratically, best, capabilities, mostly, 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rhe, obsolete, debt, need, save, fallen, stuff, sold, cost, ton, hit, talk, investing, anythig, cadivi, travelers, credit, cards, quarter, travel, quota, quite, adept, playing, markets, lives, oligarco, burguesito, 839, say, rig, owned, unless, owed, seized, tales, concern, eligible, really, chance, stay, win, propell, move, forward, deepening, moral, destruction, news, squandered, month, lack, campaign, state, promote, watch, unfavorable, come, include, elected, positions, slightly, versus, 18th, repression, student, protests, threats, students, datanalisis, reports, finally, aremd, ascertain, fashion, fullfillment, functions, nation, 328, irregularities, constitute, received, contribution, distorted, assume, parties, constitutionally, banned, reached, presence, attempts, arrive, cne, establish, extensions, upon, schedule, reopened, past, rush, activists, ruling, coul, cast, ballot, moreover, stated, supposedly, revise, revision, poling, suffrage, establishes, purpose, maintain, 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incapable, harming, demonstrated, total, unselfishness, relates, remember, placed, career, hopeless, hole, taken, cause, difficulties, shake, headless, chickens, run, embassy, impostors, look, friends, looked, sacrificed, poor, needs, felix, tapia, responsible, guy, distributed, around, ten, works, detector, most, translate, garbage, believed, believe, normal, stealth, items, intervene, parallel, market, selling, times, distorts, commerce, drives, seeing, accelerating, grows, sustainability, income, kept, grown, excessively, sharply, removed, various, savings, accounts, bandes, reality, assumes, goods, running, 100, annualized, monthly, 1995, lusinchi, second, essentially, denominator, zero, however, suggest, imminent, coming, sense, trouble, usually, off, got, fondo, inversiones, excess, ensued, grabbed, fiv, send, matter, worst, ever, size, drop, tells, arrows, big, during, period, except, release, band, system, preceded, gives, standard, compare, historical, comparisons, viernes, negro, friday, campins, away, devalued, dramatically, ensuing, months, backing, third, backed, data, gaps, fill, holes, result, shown, above, couple, weeks, ago, divided, results, interesting, further, constant, old, showed, sent, long, term, violation, additional, violations, rights, instigated, promoted, himself, jewish, community, dwindled, asociasion, israelita, threatened, attacked, tried, distance, acts, into, recall, mentor, rabid, semite, holocaust, denier, raided, hebraica, club, eastern, broken, norberto, ceresole, introduced, semitism, approximately, fifteen, subdued, guards, hours, destroying, property, throwing, floor, sacred, torah, rolls, painting, walls, semitic, slogans, shooting, int, air, rabbi, police, patrol, begets, night, act, desecration, desecrated, heavily, groups, peaks, 500, felt, revolutionaries, vth, empty, words, rhetoric, blue, presentation, economist, angel, santos, rules, archive, observations, problems, underdeveloped, serendipity, techs, science, investments, pablo, alfonzo, referred, countries, wealth, appears, sure, failure, might,
Text of the page (random words):
t value of 3 the plot says that only one third of the bolivars in circulation are backed by the country s international reserves as you can see the value of 3 has only occurred once in the country s history right before what is known as the viernes negro or black friday when luis herrera campins had to do away with the bs 4 3 per us and the currency devalued dramatically in the ensuing months i have noted with red arrows the big devaluations that occurred during this time period and as you can see except the devaluation by chavez more the release of the band system in place at the time in 2002 all of the other large devaluations were preceded by a sharp rise of the ratio m2 international reserves some people like to plot the implicit exchange rate that is how many bs in circulation there are for each dollar at the central bank the problem is that this gives you no standard measure due to devaluations to compare things in time thus looking at this ratio makes historical comparisons better in any case this implicit rate today is bs 6 56 per us however as you can see a sharp rise in m2 reserves does not suggest a devaluation is imminent just that it is coming my sense is that the graph says that government s should not let this ratio get so large so as not to get in trouble but they usually do and eventually there is some crisis that forces devaluation luis herrera held off the crisis and the ratio got so large because the fondo de inversiones de venezuela had some us 30 billion abroad and pdvsa was allowed to keep its excess dollars abroad as the crisis ensued the government grabbed the fiv s money first and later forced pdvsa to send all its dollars to the central bank once the government went through those it was just a matter of time before the currency collapsed in the worst devaluation ever the size of the drop each time tells you how large the devaluation was lusinchi on the other hand left the second carlos andres government essentially no international reserves forcing it to devalue it was a case of the denominator going to zero rather than too many bolivars chasing too few dollars there were simply no dollars to be had caldera on the other hand had dollars but inflation was getting out of control as too many bolivars were chasing too few goods when caldera decided to devalue inflation was running at over 100 when you annualized the monthly inflation of december 1994 and january 1995 this is what we are seeing these days inflation is accelerating as m2 grows and the sustainability of such a large m2 reserves has been made possible by the large oil income that has kept reserves large as m2 has grown excessively but now oil is not only sharply down but the government just removed another us 12 billion from reserves the government does have us 20 billion in various savings accounts like fonden bandes and pdvsa but in reality the real rate of exchange is not bs 2 15 per us as the graph assumes but much higher because what the government has done is implement a stealth devaluation in which fewer and fewer items are given foreign currency at the official rate of exchange at the same time pdvsa now fonden in the first half of 2008 intervene in the parallel swap market selling us at the swap rate which is over 2 5 times the official rate this large arbitrage distorts things in the economy and commerce drives inflation up and eventually will force the government to devalue and the ratio will go back down to its normal levels posted in venezuela leave a comment from the revolution s believe it or not because chavez loves us january 30 2009 if i did not know felix tapia and what a serious and responsible guy he is i may not have believed this pamphlet which is being distributed around the country of the ten reasons to vote yes for hugo chavez if this pamphlet works then it is clear that i have a very good bs detector and most people don t i simply had to translate this garbage for you because chavez loves us and love needs to be paid with love because chavez loves us and is thus incapable of harming us if he proposes the amendment we know we feel he does it for our own good that of the country and the revolution he has demonstrated total unselfishness when it relates to the good of the people let us remember he placed his military career at risk to get us out of the hopeless black hole that the government s of the ivth republic used to be none of the oligarchs has taken the risk for the people and his cause on the contrary at the first sign of difficulties they shake like headless chickens and run to an embassy we now see impostors making themselves look like friends of the humble they have always looked down on us and they have never sacrificed anything for the poor because chavez and us are one in our goal of providing the citizens with the largest amount of happiness possible the people with chavez acquire acquire true power which is to fuse ourselves with the person governing be one alone with him conquering the true government of the people because we are all chavez and and we express ourselves in him and and with him to vote with chavez is to vote for us to vote for the oligarchs is to vote for our executioners because together we make mistakes and together we get it right with chavez we are making a government that is people and people that are government together we begin the beautiful adventure of building a world where man can realize itself with no other limitations than his own abilities because when we approve the amendment we strengthen chavez and strengthen ourselves so that we can purify rectify and advance all within the revolution and without the revolution the hope of the humble dies we will enter the abyss reserved to the people that surrendered themselves to the praises of their predators because without chavez we will lose the opportunity of showing the continent showing humanity that the path to hell that capitalism proposes can be avoided that there is hope that a viable and happy world is plausible that humanity has a future because if the oligarchs govern again it will be a government of owners against the humble and destitute then we will be reduced once again to the life of material and spiritual misery that we had in the fourth republic without any hope because without chavez we will postpone once gain the bolivarian dream the days of san pedro alejandrino can not be repeated now we will be paso de los andes ayacucho carabobo the memory of the liberators will not be dishonored the people do not hand over their kids or their leaders they don t exchange their dignity for a plate of lentils because with the amendment we will be showing that we are people that deserve the opportunity to build a world where human relations are determined by by fraternity and love never again shall we be negative people selfish small that exchange their future for little mirrors for sand for the promises of its executioners there you have it this is all so ludricous that if you can find one or two of the reasons that you agree with i think you should consider voting for the si posted in venezuela 1 comment responding to the general by teodoro petkoff january 29 2009 and teodoro petkoff responds to the press conference by general gonzalez gonzalez sr general gonzalez gonzalez you responded to our editorial yesterday addressed by the way very respectfully to your person i am not going to lower myself to the same level you invite me to which is to disqualify and insult you pointed me out as a liar as a deserter and accused me to be at the service of treason and anti homeland you qualified our paper as junky paper and a pamphlet a curious pamphlet this one which has deserved the honor of a public response from you accompanied by a group of high officials and the vice president from no other place than the miraflores palace itself i thank you for the honor and i am sorry that you spiced it up with personal adjectives that have nothing to do with the problem with that you lost not me the tone of our editorial was inviting a serious response because it is far from our mind to attack the armed forces but it is to point out side by side with the acknowledgment we made of the impeccable behavior of the majority of the the officials of plan republica those cases which are not few in which officials assumed in recent electoral processes behavior that is contrary to what it is said in the constitution and the laws that guide the plan republica allow me to ratify such cases because they are true moreover you yourself stated that supposedly it would be the role of the military to revise credentials of witnesses and members of the electoral polls well you are wrong sr general the revision of the credentials of witnesses and members of polling tables is the exclusive competence of the personnel of those poling stations which are all civilians the suffrage law establishes clearly that the members of the armed forces as part of the plan republica have no other purpose but to maintain public order the law does not give them the attribute you refer to of verifying credentials and determining who may be or not be a witness that is the exclusive attribute of the president and the members of the polling table we repeat you were wrong on that we ratify sr general that there were cases in which electoral polls that had reached closing time without the presence of voters in line and thus should close down the voting process were forced to and or there were attempts to force them to remain open in some cases to give time so that voters transported by chavez party could arrive indeed sr general as you said it is only the competence of the electoral board cne to establish extensions to the voting process not the armed forces but unfortunately there were cases in which some officials took that attribute upon themselves and pretended to decide up to what time such polling tables should be opened you were right sr general when you said that once a polling table is closed down within the legal schedule it can not be reopened unfortunately sr general there were cases in which some officials pretended to and in some cases they managed it open the polling stations that had been closed after the time was past and with no voters in line so that a group of voters transported in a rush by activists of the ruling party coul cast their ballot all of these cases were denounced to the electoral board it seems to us sr general that to point out these irregularities not only does not constitute an attack on the armed forces but it should have been received as a contribution so that the role of the armed forces is not distorted by some officials that assume the position of political parties which are constitutionally banned to the armed forces finally sr general i would like you to show venezuelans in which article of the constitution it says of the aremd forces that it is at the service of the revolution as you allowed yourself to ascertain i am sorry but article 328 of the constitution says in extremely clear fashion that in the fullfillment of its functions the armed forces are at the exclusive service of the nation and in no case at the service of a person or any political partiality posted in venezuela leave a comment first serious poll after referendum proposal changed yes ahead by a small margin january 28 2009 in the first serious poll to come out after chavez decided to include all elected positions in his indefinite reelection proposal datanalisis reports that the pro chavez yes vote is slightly ahead by a margin close to the margin of error according to this poll if the vote were held today the si would get 51 5 versus 48 for the no the poll was made between january 13 and 18th before the recent repression to student protests and chavez threats against the students the bad news is that the opposition seems to have squandered its 17 lead in only one month by the lack of a focused campaign while chavez has used all of the resources of the state to promote his position unfortunately in polls one has to watch the trend and the trend is right now very unfavorable to the no vote and the opposition my concern is not that chavez will be eligible for reelection i really don t think he has a chance if oil prices stay down for a while but the fact that a win will propell him to move forward with his project and the deepening of the economic and moral destruction of our country posted in venezuela leave a comment economic tales from the venezuelan revolution january 28 2009 pdvsa is late in making payments to suppliers and companies that provide services to it sorry i should say pdvsa is very late in making payments to suppliers and companies that provide services to it how late so late that pdvsa today seized a drilling rig owned by ensco after ensco decided to stop drilling unless pdvsa paid it the money it is owed in the first 23 days of the year cadivi the foreign exchange control office had paid up us 839 million for travelers credit cards almost a quarter of what it paid in 2008 when the travel quota per person was twice as large clearly venezuelans have become quite adept at playing markets and arbitrage oligarco burguesito lives on and how about funny man rodolfo sanz president of cvg saying that the aluminum companies are almost collapsed according to sanz rhe companies are obsolete have huge debt with suppliers and need about us 3 billion to save them what is the main problem that the price of aluminum has fallen 66 and the stuff is being sold below cost well in july 2008 the price of a ton hit an all time high and we never heard mr sanz talk about investing or anythig like that no and another one of the famous chavez announcements came to nothing as brazil s petrobras says it will go alone if pdvsa does not participate as it becomes increasingly clear that pdvsa is not that interested in the project and the shortages of coffee sugar milk and toilet paper are of course blamed on a conspiracy to sabotage the upcoming referendum vote if rather than blaming it on conspiracies they worried about why this is happening maybe they could ease the problem additionally maybe since the whole government is working on the referendum nobody is paying attention to unimportant things like importing food brace yourself it will only get worse i can live without coffee sugar and milk but toilet paper no way posted in venezuela leave a comment as petkoff politely asks for equal treatment under the law the military snaps back at him january 28 2009 so teodoro petkoff writes an editorial in tal cual asking general gonzalez gonzalez who is in charge of the military operation surrounding the upcoming referendum vote to please insure that everyone is treated the same way and we get a vitriolic press conference not only insulting petkoff but proving petkoff s point that the venezuelan armed forces are indeed part of chavez psuv party and not at the service of country someon...
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