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Venezuela's Future

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Moises and others claim Venezuelan debt tops 20%. Accurate calculations indicate 8.8%. America's gross federal debt exceeds 100% of GDP. Annually it grows exponentially. Moises didn't explain.

Francisco Toro is a notorious anti-Chavista propagandist. His credibility is sorely lacking. His commentaries don't approach bad fiction. The Times featured him before. It did again now.

His article is titled "Austerity Will Cement the Chavez Myth."

Like Moises and others, he grossly exaggerated Venezuelan debt. He claims his "spending-led socialism can't last." Since 1999, he's done it responsibly. Good government can continue in perpetuity. Destructive policies have bad endings.

Who'll "be left holding the checkbook when the spending must screech to a halt," asked Toro? "Chavez's possible exit is exquisitely timed: apres moi, le deluge."

"His colorless vice president (Maduro) strikes no one" as able to replace him.

Venezuelans didn't know Chavismo until it arrived. Chavez was untested. Maduro and others may respond like he did. Bolivarianism has strong popular support. 

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Toro and likeminded scoundrels want neoliberalism replacing it. Venezuelans won't tolerate returning to their ugly past. Chavez heads Venezuela's United Socialist Party of Venezuela (PSUV).

Maduro and other likeminded officials are committed to preserve and continue Bolivarian progressive initiatives.

Anita Issacs teaches social science at Haverford College. Formerly she was a Ford Foundation program officer. She focuses on Latin American and Caribbean issues.

She headlined "A Peaceful Transition Is Key." She suggests Chavez's era is passing. Saying so way oversteps. The fullness of time will decide what no one can predict with certainty near or intermediate-term.

She believes post-Chavez Latin American relations and domestic politics will be "unsettled." She says Venezuela "should remain committed to assisting the Colombian peace process."

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She claims it's the region's most constructive. US military bases infest the country. They menace Venezuela and other regional countries. America is committed to war, not peace. Colombia is a close ally.

She wants relations with Cuba treated "delicately." She believes future ones are on "shakier ground." Nothing suggests it.

Venezuela has one of the region's strongest economies. Its economic growth way surpasses America and other Western countries. She calls Venezuelan economic conditions "tanking."

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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It is hard to take the NYTimes' "Room for Debate" ... by Robert Cowen on Saturday, Jan 5, 2013 at 6:58:40 AM
Viva Chavez.... by Ken Stevens on Sunday, Jan 6, 2013 at 12:38:10 AM
in the region with its high inflation & number... by Darren Wolfe on Sunday, Jan 6, 2013 at 7:59:12 AM