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description= 10 posts published by moctavio during July 2013;
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the, venezuela, to, in, blog, blogs, by, venezuelans, venezuelan, government, you, devil, excrement, archive, for, july, 2013, unknown, feed, subscribe, via, email, categories, all, miguel, octavio, blogroll, recent, posts, archives, pages, meta, stats, pdvsa, creates, privatization, like, program, increase, oil, production, websites, hacked, silent, nico, por, que, no, te, callas, tales, from, upside, down, country, doubles, interest, payments, petrocaribe, housing, minister, breaks, law, man, who, taped, him, detained, when, thought, had, seen, enough, corruption, and, distortions, is, going, well, maduro, possible, hugo, moment, fading, fast, let, sicad, foreign, exchange, games, begin, are, trapped, their, own, inconsistencies,
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Text of the page (random words):
en it except that if snowden ever came to venezuela it would end up biting maduro back for sure to begin with the international press would descend in venezuela and dozens of articles about how the venezuelan government spies on its citizens would appear in the international press even a deaf and blind reporter from the militant would learn about these cases and spread the word making people wonder why the hell snowden chose venezuela for but in the end it would be snowden who would become the problem for the government the same international press would descend on him and ask him about his opinions about venezuela snowden would hold press conferences and be on live international tv from caracas and eventually the venezuelan government will simply say nyet to all his political activities in favor of human rights the lowest of rights on the chavista totem pole of values i am sure the shallow mr snowden shallow because the countries he chose are anything but icons of good behavior in spying and repressing their citizens would not like to be silenced and the problems would begin for snowden and for the current venezuelan government but other problems would surface even earlier such as the fact that mr snowden s life in venezuela is likely to be anything but the golden asylum he may be imagining from not speaking the language to crime to shortages snowden is unlikely to find a place or a society where he would fit in even if the venezuelan government were to offer to pay him to hack his way around the world he would likely tire of living in venezuela which would force him to look for an alternative but once here no other country is likely to want to touch snowden with a ten foot pole so he would have to either stay put or go back to the states and once in the states he could talk freely about the wonderful world of venezuelan human rights violations thus maduro s hugo moment was not well thought out and now looks unlikely to happen meanwhile important matters continue unresolved as his enemies from within carefully wait for the right moment to act and snowden is still in russia and seems further and further away from ever eating an arepa posted in uncategorized venezuela 26 comments let the sicad foreign exchange games begin in venezuela july 14 2013 as you may have guessed i have been away biking in a very nice area of the world which together with sightseeing and resting from the exercise gave me little time to post which does not mean that i did not follow the news despite spotty internet coverage in many places and i am very happy that i avoided the snowden drama which i will post about at some point but consider it to be mostly a distraction what i found more interesting was that after only three months the incompetent venezuelan government finally will start selling dollars into a new and they claim improved sicad system it took only three months to create rules limitations allocations quotas and the like attempting to include almost everyone i have been somewhat surprised at the positive reaction to this new system by many analysts suggesting is a step forward and that the unmentionable rate will somehow go down but i am not impressed to begin with the government will sell us 200 million every two weeks in this new revitalized sicad system this comes out to about us 20 million per day well below the us 40 million that used to be regularly sold per day in the old sitme system the difference is that now there are some quotas and individuals will be allowed to participate and more bolivars in the system sitme was good about oiling the system in providing dollars to importers and in emergencies but i really don t think it eased the pressure in the black market very much as if this were not enough there will be more participants and i think this is the weak point of the system with the control the government will exert on the rate at which dollars are sold the arbitrage between the sicad rate and the black rate will be large and more and more individuals will register to participate and that number much like what happened in the bolivar dollar bond system will balloon in time as individuals try to take advantage of the system if a family of four for example plans to travel having each member participate creates a subsidy for the trip that can even be partially funded selling dollars in the other market the rules reportedly will be different for each auction which simply creates too much guesswork for importers who really need the foreign currency to function in the first auction margarita and paraguana will receive a quota if this is not permanent it may not do the job desired but more importantly companies have lots of pent up demand and now that a mechanism in which they can get what they need is available they will all go to sicad to complement their needs massively access to sitme had more rules than the new sicad does so the demand side will be stronger the good news is that exporters will be able to sell their foreign currency in sicad which is definitely a very positive development but one needs to be careful in estimating how much this will bring to sicad as exporters can keep part of their dollars so that not all of their foreign currency will flow back what is positive is that it increases the competitiveness of these exporters a sector that has been affected severely by exchange controls and the overvaluation of the currency i think the unmentionable rate may slow down its increase with the expectations of the first of auction but i really don t think it will have a significant impact in bringing it down the new venezuelan foreign exchange market under sicad will not be a true market there are billions of bolivars that will be chasing for those few dollars with monetary liquidity about bs 851 billion at bs 20 for example there are us 42 billion in the system pent up demand is large as for over six months the only game in town has been cadivi and to a lesser extent that other market thus you have lots of demand with little supply comparatively speaking the only way that other rate would go down would be if the government did not impose any limit on the price of the sicad dollars but as long as this is under control it just will not happen so a new era in foreign exchange games begins in venezuela this week the government is likely to increase rules as it goes along there are rules even at what times you may access the system depending on your cedula or tax number they simply like to do this too much and the players will all be ready to adapt change course and develop strategies in order to get their foreign currency we have seen this movie too many times in the last few years moreover all of this will be done with no transparency as to who gets the dollars and at what price allowing once again for favoritism and graft as usual some will make a lot of money others will be frustrated and then the government will reintroduce a new and improved sicad again as the problems are noted they are just too predictable posted in uncategorized 10 comments venezuelans are trapped in their own inconsistencies july 2 2013 as i was leaving venezuela last week this guy in the picture above in his pa lante comandante and psuv jacket created quite a stir as the immigration line was about 40 minutes long but the jacket gave this new oligarch the privilege of bypassing everyone and be thru the whole process in about two minutes some people silently bitched about the whole thing others were vocal yet others were quite loud about it using capriles phrase they called him enchufado plugged into the system to get his privileges but then i had to open my mouth there was a group of young guys excitedly going to miami for the first time in their lives they were quite pissed at the pa lante gordo and i talked to them about it as i took the picture but then i created another stir by reminding these young guys that they are as privileged as the pa lante guy even if to a lesser degree they get the ticket but not the special line these guys took offense at this so i explained you guys pay a cheap ticket get a couple of thousand dollars at the official rate so that you can go out and party for a week or so that seems quite a privilege in venezuela if those that can not afford it could see this line and understand they would be as mad at you as you are at the pa lante guy well i did not make much headway to them traveling at bs 6 3 and their cadivi dollars is essentially a right by now the same way the poor think that they should be given a home by the government and free food and appliances when election time comes up in fact it seems as if venezuelans are all trapped in their own inconsistencies the opposition does not dare say what they think because they know they would not get elected if they did but neither do chavistas most of them understand how screwed up the revolution is but they can t say anything for they risk their own future it is hard to explain to opposition people that yes the opposition is censored but chavismo madurismo is censored even more some in the opposition are not allowed to say what they want but if you are chavista and you say what you want you are banned recused accused of treason and the like so all chavistas stay silent it is the arepa muzzle at work bozal de arepa and privileges are everywhere nobody believes the gasoline subsidy can be removed i do but how can the price of gas have an impact on anything when a bus costs 500 000 bolivars and if you fill the tank up daily you spend bs 10 per tank that is one third or one quarter of an arepa per day make it five times more expensive and the owner of the bus would spend 15 000 bolivars per year that s 3 of the cost of the bus are you kidding me raise it by a factor of twenty but everywhere you turn there are privileges i was talking to a colombian that wants to leave the country but he sends his parents 300 per month via cadivi and another 600 to his kids that is all of bs 5 400 he spends but the family keeps only 300 and returns 600 that he readily exchanges for a net of 18 000 5 400 13 600 bolivars more than he can make in a moth working in venezuela or colombia this guy is really trapped and the whole education discussion in ccsc reveals the same why should cadivi give anyone money to study undergraduate abroad don t get mad bro it s absurd and graduate work is even more absurd that is a sure guarantee that the person will never return as for the university conflict yes it is very valid but so are a few dozen conflicts around the country i mean why would a guayana worker complain if he gets his salary without working he is also trapped or maybe he has more than one job since he does not have to go to the other one to get paid everywhere we look is the same and if the government any governmen t tried to rationalize anything from gas to electricity prices to cadivi to make pensions available only when you are 65 let alone make people work that government would have to face the consequences venezuelans are trapped and i don t see anyone poniendole el cascabel al gato however you may say that in english putting the bell on the cat posted in uncategorized 191 comments july 2013 m t w t f s s 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 jun aug unknown feed an error has occurred the feed is probably down try again later subscribe to blog via email enter your email address to subscribe to this blog and receive notifications of new posts by email email address subscribe join 1 851 other subscribers categories digressions dissidentmilitary el excremento del diablo granmalies latinamerica maletagatetrial orchids pictures posters requena files rr models stanford bank tascon s fascist list technology the fable the fonden papers the opposition candidates uncategorized venezuela all blogs by miguel octavio el excremento del diablo miguel s charts miguel s orchids the devil s excrement blogroll alfredo caracas gringo daniel excremento del diablo gustavo coronel javier letter from venezuela liberal venezolano megaresistencia mi venezuela pedro mario quico y juan urru veneconomia blogs by venezuelans bruni the venezuelan libertarian recent posts hyper inflated arepa index reaches all time high again hyper inflated arepa index hits an all time high the devil is back with uii why doesn t the government change course something has to give archives march 2018 january 2018 november 2017 april 2017 march 2017 february 2017 october 2016 july 2016 june 2016 may 2016 april 2016 march 2016 february 2016 january 2016 december 2015 november 2015 october 2015 september 2015 august 2015 july 2015 june 2015 may 2015 april 2015 march 2015 february 2015 january 2015 december 2014 november 2014 october 2014 september 2014 august 2014 july 2014 june 2014 may 2014 april 2014 march 2014 february 2014 january 2014 december 2013 november 2013 october 2013 september 2013 august 2013 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