$1 billion price tag of April 2002’s failed coup attempt
<a href=www.vheadline.com>Venezuela's Electronic News Posted: Tuesday, April 22, 2003 By: Dawn Gable
Date: Mon, 21 Apr 2003 15:50:10 -0700 From: Dawn Gable morning_ucsc@hotmail.com To: Editor@VHeadline.com Subject: Yvonne Becker illogical and uninformed
Dear Editor: Yvonne Becker not only missed something in math class but also missed a bit of history and logic ... she certainly skipped out on the history of Venezuela if you think that the economic woes of this country appeared in the last 5 years!
Venezuela's problems are more complex than you apparently care to investigate, and much older than the entire life of President Hugo Chavez Frias, whom you blame.
Venezuela has a long history of political unrest, violence, strikes, extreme economic polarity, under- and un-employment, illiteracy, hair-trigger tempers and mob mentality. Have you forgotten the “Caracazo” ... the mass looting throughout the country in February 1989?
Today’s economic problems were decades in the making. Chavez’ predecessors privatized many state industries ... wealthy Venezuelans have deposited their money in foreign banks. Corporations and those same individuals have evaded taxes.
The nation’s consumer base has remained small because most Venezuelans live in substandard conditions while the wealthy fly to Miami to shop.
Production has stalled frequently because of “strikes” that resemble management lockouts more than grassroots labor mobilizations.
Media outlets have trashed their own country’s reputation among investors by promoting political and economic instability.
...and then there’s the $1 billion price tag of April 2002’s failed coup attempt.
Logic is not one of Yvonne's strong points evidently.
Cause and effect ... that is the chapter she needs to brush up on.
Dawn Gable morning_ucsc@hotmail.com
Our editorial statement reads: VHeadline.com Venezuela is a wholly independent e-publication promoting democracy in its fullest expression and the inalienable right of all Venezuelans to self-determination and the pursuit of sovereign independence without interference. We seek to shed light on nefarious practices and the corruption which for decades has strangled this South American nation's development and progress. Our declared editorial bias is pro-democracy and pro-Venezuela ... which some may wrongly interpret as anti-American. Roy S. Carson, Editor/Publisher Editor@VHeadline.com