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Les fraudeurs

Yesterday we learned – via the increasingly indispensable Marianna Párraga – that PDVSA is selling the refinery it owns in the US Virgin Islands. This comes on the heels of the almost certain sale of Citgo, as well as other assets overseas. Whether the reason for these privatizations is a lack of cash, a way of escaping from the claws…

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An Election Fraud as Big as the Ritz

Last week, the government announced that addressing the country’s deep-seated economic distortions…just wasn’t something they were going to worry about. A few days have passed since the economic non-announcements that made this patently clear. So what does this tell us about the political road ahead? That the 2015 National Assembly elections are going to be rigged. Big time.…

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Of grandmothers and bicycles

There’s a good reason why seasoned politicians are careful never to answer questions about hypotheticals. Trying to take positions about what you would do if something that isn’t currently the case were the case is a good way to get yourself into all kinds of trouble. Politicians know hypotheticals sow misunderstanding, give opponents openings for attack, and generally leave you…