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description= 10 posts published by moctavio during November 2004;
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by, fixing, venezuela, economy, dollarization, chavista, justice, versus, media, manipulation, blog, blogs, was, this, warning, the, devil, excrement, archive, for, november, 2004, unknown, feed, subscribe, to, via, email, categories, all, miguel, octavio, blogroll, venezuelans, recent, posts, archives, pages, meta, stats, chapucerias, stupidities, teodoro, petkoff, censorship, rehearsal,
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the (654), and (247), that (119), will (89), have (83), for (79), government (66), was (66), would (63), they (62), per (60), not (59), this (56), with (56), but (55), currency (51), there (48), are (47), #venezuela (43), rate (42), exchange (39), who (38), media (38), country (35), from (34), police (32), november (31), his (30), 2004 (30), time (29), one (29), you (28), than (28), first (28), may (27), more (27), dollar (27), what (25), about (24), all (24), had (24), dollarization (24), local (23), last (23), has (22), january (21), which (21), them (21), around (21), economic (21), inflation (21), controls (21), venezuelan (20), been (20), down (19), should (19), february (18), april (18), most (18), chavista (18), because (18), president (18), banking (18), benefits (18), power (18), december (17), june (17), anderson (17), march (16), make (16), chacon (16), case (16), years (16), october (15), 2003 (15), venezuelans (15), manipulation (15), few (15), system (15), savings (15), rates (15), foreign (15), currently (15), central (15), economy (15), dollars (15), abroad (15), also (15), parallel (15), august (14), 2002 (14), september (14), july (14), want (14), its (14), between (14), can (14), things (13), petkoff (13), part (13), now (12), 2005 (12), 2006 (12), 2007 (12), 2008 (12), 2009 (12), 2010 (12), 2011 (12), 2012 (12), 2013 (12), 2014 (12), 2015 (12), later (12), people (12), blame (12), those (12), justicia (12), let (12), start (12), today (12), their (12), stable (12), money (12), these (12), competitive (12), low (12), many (12), market (12), 100 (12), stability (12), when (12), official (12), comment (11), failed (11), being (11), chavez (10), back (10), bank (10), your (10), posted (10), under (10), point (10), evident (10), days (10), nothing (10), longer (10), only (10), away (10), any (10), leave (9), even (9), countries (9), justice (9), nor (9), responsibility (9), helps (9), little (9), job (9), left (9), constitution (9), laws (9), how (9), were (9), solved (9), corruption (9), ones (9), killing (9), salaries (9), become (9), early (9), able (9), simply (9), salary (9), used (9), drop (9), distortions (9), just (9), get (9), while (9), instability (9), cycles (9), much (9), budget (9), year (9), tricks (9), borrow (9), credit (9), digits (9), devaluation (9), purchasing (9), led (9), caldera (9), float (9), write (9), bill (9), other (8), 2016 (8), new (8), out (8), like (8), did (8), actions (8), guevara (8), then (8), second (8), believe (8), cut (8), devil (7), create (7), caracas (7), day (7), warning (7), free (7), procedures (7), brothers (7), does (7), some (7), show (7), connection (7), easy (7), two (7), behavior (7), oil (7), important (7), since (7), whole (7), need (7), take (7), know (7), making (7), each (7), excrement (6), again (6), come (6), tyrant (6), world (6), find (6), impartial (6), made (6), done (6), limited (6), irresponsible (6), transparency (6), follow (6), hands (6), over (6), detained 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Text of the page (random words):
by the instabilities of devaluations little capital flight while there still be some people that prefer to take their savings abroad the urge to take your money away from instability will disappear in fact the more than us 100 billion that venezuelans have abroad will no longer have a reason to stay away most of it may never come back but even a fraction coming back looking for opportunities will act as a driver of economic growth corruption eliminating exchange controls or the need for them eliminates the opportunity for payoffs and commissions from government officials to obtain approval distortions a whole range of distortions would be eliminated let me give you just one example if you place your money in a local bank you may get today no more than 13 and likely less than 10 for your bolivars inflation is running around 24 but if you go to the black market buy dollars and buy a bond from electricidad de caracas you will get a yield in us dollars of 9 4 and a coupon of 10 25 does that make sense to anyone development of a merit system at work currently in venezuela salary increases reflect mostly inflation and not merit since the largest share of the increases is used to compensate for the devastating effects of inflation this reduces competitiveness and helps develop the culture that individual effort is irrelevant of course there are negatives among the most important ones loss of sovereignty the venezuelan central banker will now be alan greenspan of whoever is at the helm of the us federal reserve his decisions on monetary liquidity interest rates and the like will directly impact the venezuelan economy my reply they do anyway greenspan is more responsible than our central bankers have been what good is sovereignty if it only benefits politicians loss of lender of last resort if the price of oil drops and revenues drop significantly the government would simply have to cut down expenses as there is no lender of last resort currently if the government needs more money it issues debt on local currency and the problem is solved if foreign sources are not willing to lend to venezuela then there will be no solution for the government but to cut spending or create a well managed macroeconomic stabilization fund for these times this is a separate part of my discussion and the discussion that i will propose in the next few weeks bad for the banking system the venezuelan banking system is used to functioning with huge spreads between savings and lending rates and extremely high overhead costs due in part to low penetration of the banking system and a strange banking culture this would have to change or many of the banls could face bankruptcy moreover they would have to adjust to a new reality in which they will have to be competitive with foreign banks or lose business many would have to disappear to adjust to the lower spreads profits would go down dramatically at the beginning country more susceptible to external shocks competitiveness becomes a problem government will no longer be able to have local products become competitive by simply devaluing they will have to be truly competitive at the international level this implies the reform of labor regulations that limit hiring part time workers workers by the hour and guarantee a salary at least 16 times the monthly basic salary this maybe a moot point venezuela is mostly competitive on the basis of natural resources not on manufacturing or agriculture these are my thoughts on dollarization to start with i believe the benefits outweigh the drawbacks who benefits the most in my mind the poor who are employed as their salaries become stable and protected the unemployed because there should be economic growth and job creation those that recognize early the benefits will certainly make a lot of money who loses the most first and foremost politicians who would be subjected to a discipline they never had second of all the banking system what do you think sorry for the length posted in venezuela leave a comment chavista justice versus media manipulation november 29 2004 so now it is all the media s fault yesterday it was the vice president blaming the media today its is the digitally elected governor of miranda state who says the vice president did not go far enough denouncing the media because what is happening is that the media is covering up the true guilty ones this outrageous statement is irresponsible government at its best can you really blame the media for the keystone cops behavior of the venezuelan police in the last few days it is the government who is responsible it is that fake concept called justicia chavista it is the government who is covering up it is the government that has been going around killing supposed suspects using the easy strategy of killing first and asking questions second it is the fault of justicia chavista but this is the same behavior we have seen in the last few years for justice under chavez no case gets solved from the 45 corruption cases that forced chavez fellow coupster to resign in 2000 to the april 2002 murders to the leaks that made millions to those that had the information to fort mara fire nothing ever gets solved but blame the media for revolutionary incompetence the rest is justicia chavista maybe the guevara brothers are guilty as charged but interestingly enough there are two dead people and the government has failed to prove they had anything to do with the case they have failed to show a connection between the anderson case and hebraica they have failed to show a connection between lopez and anderson but they blame the media it is the easy way out but let s hear what petkoff has to say in today s editorial in tal cual s editorial police manipulation despite the president warning that police procedures had to follow the constitution and the laws some things have happened about which one can suspect actions by the police that are far from clear let s start with the case of the guevara brothers how is it that people who according to chacon were being searched because there was evidence that they participated in the anderson case disappeared and a few days later appear mistreated in a bush in valencia and are found by the national guard who later hands them over to the intelligence police who detained them for a few days and then left them there was it a police force which one what type of police procedure is this does it conform to the constitution and the laws obviously not jesse chacon limited himself to saying that it should be investigated and launched absurd speculations about there being a self kidnapping it is evident that chacon at this stage chacon knows exactly what happened if things are done correctly and with transparency doctor rangel and lieutenant chacon if all the procedures follow the constitution and the laws there is no room for media manipulation if there is and we do not deny it it is the government that promotes it with its evident police manipulation i go back to a point that i have made repeatedly it is a government that has the higher responsibility it helps little to blame the media it helps little to cry manipulation it is the job of the government to find those that killed danilo anderson and bring them to trial but it has to be done responsibly the media and the limited opposition in this country are now left to the job of incredulous observers of a charade by an irresponsible government that claims to be staging a revolution if not this cartoon of what justicia chavista stands for will continue to be reivindicated time and time again in venezuela justice is not blind or impartial nor impartial nor independent it is chavista posted in venezuela leave a comment chavista justice versus media manipulation november 29 2004 so now it is all the media s fault yesterday it was the vice president blaming the media today its is the digitally elected governor of miranda state who says the vice president did not go far enough denouncing the media because what is happening is that the media is covering up the true guilty ones this outrageous statement is irresponsible government at its best can you really blame the media for the keystone cops behavior of the venezuelan police in the last few days it is the government who is responsible it is that fake concept called justicia chavista it is the government who is covering up it is the government that has been going around killing supposed suspects using the easy strategy of killing first and asking questions second it is the fault of justicia chavista but this is the same behavior we have seen in the last few years for justice under chavez no case gets solved from the 45 corruption cases that forced chavez fellow coupster to resign in 2000 to the april 2002 murders to the leaks that made millions to those that had the information to fort mara fire nothing ever gets solved but blame the media for revolutionary incompetence the rest is justicia chavista maybe the guevara brothers are guilty as charged but interestingly enough there are two dead people and the government has failed to prove they had anything to do with the case they have failed to show a connection between the anderson case and hebraica they have failed to show a connection between lopez and anderson but they blame the media it is the easy way out but let s hear what petkoff has to say in today s editorial in tal cual s editorial police manipulation despite the president warning that police procedures had to follow the constitution and the laws some things have happened about which one can suspect actions by the police that are far from clear let s start with the case of the guevara brothers how is it that people who according to chacon were being searched because there was evidence that they participated in the anderson case disappeared and a few days later appear mistreated in a bush in valencia and are found by the national guard who later hands them over to the intelligence police who detained them for a few days and then left them there was it a police force which one what type of police procedure is this does it conform to the constitution and the laws obviously not jesse chacon limited himself to saying that it should be investigated and launched absurd speculations about there being a self kidnapping it is evident that chacon at this stage chacon knows exactly what happened if things are done correctly and with transparency doctor rangel and lieutenant chacon if all the procedures follow the constitution and the laws there is no room for media manipulation if there is and we do not deny it it is the government that promotes it with its evident police manipulation i go back to a point that i have made repeatedly it is a government that has the higher responsibility it helps little to blame the media it helps little to cry manipulation it is the job of the government to find those that killed danilo anderson and bring them to trial but it has to be done responsibly the media and the limited opposition in this country are now left to the job of incredulous observers of a charade by an irresponsible government that claims to be staging a revolution if not this cartoon of what justicia chavista stands for will continue to be reivindicated time and time again in venezuela justice is not blind or impartial nor impartial nor independent it is chavista posted in venezuela leave a comment chavista justice versus media manipulation november 29 2004 so now it is all the media s fault yesterday it was the vice president blaming the media today its is the digitally elected governor of miranda state who says the vice president did not go far enough denouncing the media because what is happening is that the media is covering up the true guilty ones this outrageous statement is irresponsible government at its best can you really blame the media for the keystone cops behavior of the venezuelan police in the last few days it is the government who is responsible it is that fake concept called justicia chavista it is the government who is covering up it is the government that has been going around killing supposed suspects using the easy strategy of killing first and asking questions second it is the fault of justicia chavista but this is the same behavior we have seen in the last few years for justice under chavez no case gets solved from the 45 corruption cases that forced chavez fellow coupster to resign in 2000 to the april 2002 murders to the leaks that made millions to those that had the information to fort mara fire nothing ever gets solved but blame the media for revolutionary incompetence the rest is justicia chavista maybe the guevara brothers are guilty as charged but interestingly enough there are two dead people and the government has failed to prove they had anything to do with the case they have failed to show a connection between the anderson case and hebraica they have failed to show a connection between lopez and anderson but they blame the media it is the easy way out but let s hear what petkoff has to say in today s editorial in tal cual s editorial police manipulation despite the president warning that police procedures had to follow the constitution and the laws some things have happened about which one can suspect actions by the police that are far from clear let s start with the case of the guevara brothers how is it that people who according to chacon were being searched because there was evidence that they participated in the anderson case disappeared and a few days later appear mistreated in a bush in valencia and are found by the national guard who later hands them over to the intelligence police who detained them for a few days and then left them there was it a police force which one what type of police procedure is this does it conform to the constitution and the laws obviously not jesse chacon limited himself to saying that it should be investigated and launched absurd speculations about there being a self kidnapping it is evident that chacon at this stage chacon knows exactly what happened if things are done correctly and with transparency doctor rangel and lieutenant chacon if all the procedures follow the constitution and the laws there is no room for media manipulation if there is and we do not deny it it is the government that promotes it with its evident police manipulation i go back to a point that i have made repeatedly it is a government that has the higher responsibility it helps little to blame the media it helps little to cry manipulation it is the job of the government to find those that killed danilo anderson and bring them to trial but it has to be done responsibly the media and the limited opposition in this country are now left to the job of incredulous observers of a charade by an irresponsible government that claims to be staging a revolution if not this cartoon of what justicia chavista stands for will continue to be reivindicated time and time again in vene...
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