Venezuela’s upcoming travesty has been rescheduled

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Venezuela's upcoming travesty has been rescheduled

Venezuela is hold­ing a gen­eral elec­tion this year.

Yes, the most mis­er­able coun­try on Earth is again going to pre­tend it is a democracy.

How mis­er­able?, you may ask.

Let Johns Hop­kins econ­o­mist Steve Hanke tell you,

Venezuela holds the inglo­ri­ous tile of the most mis­er­able coun­try in 2017, as it did in both 2016 and 2015. The fail­ures of Pres­i­dent Nico­las Maduro’s social­ist, cor­rupt petro­leum state have been well doc­u­mented over the past year, includ­ing by my mea­sure­ments of Venezuela’s hyper­in­fla­tion. Not only is Venezuela the most mis­er­able coun­try in the world, but its Mis­ery Index score has dra­mat­i­cally increased since 2016.

Venezuela’s econ­omy is nearly totally depen­dent on oil pro­duc­tion, which con­tin­ues to plummet.

https://​plat​form​.twit​ter​.com/​w​i​d​g​e​ts.js

The petro cryp­tocur­rency is a sham,

Since cer­ti­fied reserves aren’t such, the petro will be, at best, another way to make opaque trans­ac­tions by an already shady administration.

The peo­ple are broke,

https://​plat​form​.twit​ter​.com/​w​i​d​g​e​ts.js

Mary O’Grady of the WSJ asserts that Venezuela Is Starv­ing Its Peo­ple. The Maduro régime is using its con­trol of food to stamp out protests. Let’s also not for­get the colec­tivos,the government-​sponsored maraud­ing motor­cy­cle gangs,

https://​plat​form​.twit​ter​.com/​w​i​d​g​e​ts.js

Venezuela’s vice-​president, Tarek El Ais­sami, has been tied to the Car­tel of the Suns and to Islamic net­works. El Aissmi was a key fig­ure as Hugo Chávez allowed Hezbol­lah, Hamas and al-​Qaeda to use Venezuela as a bridge to other Latin Amer­i­can coun­tries. Addi­tion­ally, the Maduro régime allowed the world’s largest narco-​terrorist orga­ni­za­tion, Colombia’s FARC, into the coun­try.

Peo­ple are try­ing to leave by any means pos­si­ble. Econ­o­mist Dany Bahar, a fel­low at think tank the Brook­ings Insti­tu­tion, pre­dicts that the Venezue­lan refugee cri­sis could eclipse Syria’s.

Ear­lier this year the National Con­stituent Assem­bly (ANC) called for an early pres­i­den­tial elec­tion, sched­uled for April 22d. The National Elec­toral Coun­cil (CNE) now has announced it was post­poned to May 20th:

Tra­di­tion­ally, pres­i­den­tial elec­tions are held in Venezuela in Decem­ber but in Feb­ru­ary the CNE announced they would be brought for­ward to 22 April.

The deci­sion was widely inter­preted by crit­ics of the gov­ern­ment as an attempt to steam­roll the deeply divided oppo­si­tion coali­tion and throw it into dis­ar­ray.

It also trig­gered inter­na­tional crit­i­cism, with Argentina, Brazil, Chile, Colom­bia, Mex­ico and Peru all reject­ing the early elec­tion and some coun­tries warn­ing that they would not recog­nise the result.

The US has said it would con­sider impos­ing fur­ther sanc­tions against the gov­ern­ment if it went ahead with the pres­i­den­tial vote under what it called fraud­u­lent conditions.

What’s left of the oppo­si­tion has the option of

two dif­fer­ent tac­tics: take part in the elec­tion with the only pur­pose of orga­niz­ing demon­stra­tions, or orga­nize an elec­toral boycott.

Which means, there’s very lit­tle they can do.

I said five years ago that Chav­ismo will not relin­quish power through demo­c­ra­tic means. You can count on that whether the so-​called elec­tion is held, or not, in April, May, or December.

Fausta Rodríguez Wertz writes on U.S. and Latin Amer­ica at Fausta’s Blog.

Venezuela is holding a general election this year.

Yes, the most miserable country on Earth is again going to pretend it is a democracy.

How miserable?, you may ask.

Let Johns Hopkins economist Steve Hanke tell you,

Venezuela holds the inglorious tile of the most miserable country in 2017, as it did in both 2016 and 2015. The failures of President Nicolas Maduro’s socialist, corrupt petroleum state have been well documented over the past year, including by my measurements of Venezuela’s hyperinflation. Not only is Venezuela the most miserable country in the world, but its Misery Index score has dramatically increased since 2016.

Venezuela’s economy is nearly totally dependent on oil production, which continues to plummet.

https://platform.twitter.com/widgets.js

The petro cryptocurrency is a sham,

Since certified reserves aren’t such, the petro will be, at best, another way to make opaque transactions by an already shady administration.

The people are broke,

https://platform.twitter.com/widgets.js

Mary O’Grady of the WSJ asserts that Venezuela Is Starving Its People. The Maduro regime is using its control of food to stamp out protests. Let’s also not forget the colectivos,the government-sponsored marauding motorcycle gangs,

https://platform.twitter.com/widgets.js

Venezuela’s vice-president, Tarek El Aissami, has been tied to the Cartel of the Suns and to Islamic networks. El Aissmi was a key figure as Hugo Chávez allowed Hezbollah, Hamas and al-Qaeda to use Venezuela as a bridge to other Latin American countries. Additionally, the Maduro regime allowed the world’s largest narco-terrorist organization, Colombia’s FARC, into the country.

People are trying to leave by any means possible. Economist Dany Bahar, a fellow at think tank the Brookings Institution, predicts that the Venezuelan refugee crisis could eclipse Syria’s.

Earlier this year the National Constituent Assembly (ANC) called for an early presidential election, scheduled for April 22d. The National Electoral Council (CNE) now has announced it was postponed to May 20th:

Traditionally, presidential elections are held in Venezuela in December but in February the CNE announced they would be brought forward to 22 April.

The decision was widely interpreted by critics of the government as an attempt to steamroll the deeply divided opposition coalition and throw it into disarray.
. . .
It also triggered international criticism, with Argentina, Brazil, Chile, Colombia, Mexico and Peru all rejecting the early election and some countries warning that they would not recognise the result.

The US has said it would consider imposing further sanctions against the government if it went ahead with the presidential vote under what it called fraudulent conditions.

What’s left of the opposition has the option of

two different tactics: take part in the election with the only purpose of organizing demonstrations, or organize an electoral boycott.

Which means, there’s very little they can do.

I said five years ago that Chavismo will not relinquish power through democratic means. You can count on that whether the so-called election is held, or not, in April, May, or December.

Fausta Rodríguez Wertz writes on U.S. and Latin America at Fausta’s Blog.