Maduro’s latest mistake

They’ve seized a printing plant. Something we might even – if we thought like fools that is – think might be useful in a country with a 1,000,000 percent inflation rate. But then there’s the mistake, isn’t it?

Someone really needs to tell Nicolas Maduro that a paper bag printing plant is different from a bank note printing plant. On such misunderstandings is the ruination of a nation built.

17 thoughts on “Maduro’s latest mistake”

  1. Bloke no Longer in Austria

    I was watching a news item today about a bloke who has set up a stall on the Columbian border and sells paper bags made out of Bolivars ( dollars only accepted).

  2. “What’s so exciting about at last visiting Venezuela is that I can see how a better world is being created … The transformations that Venezuela is making toward the creation of another socio-economic model could have a global impact” – Noam Chomsky

    “Venezuela is an inspiration to the world, it really does show that there is an alternative. I met so many people who told me how their lives had changed since the election of President Chávez” – Owen Jones

    “Venezuela and its Latin American allies have demonstrated that it’s no longer necessary to accept a failed economic model, as many social democrats in Europe still do.” – Seumas Milne

    “Venezuela shows that governments that put the needs of ordinary working people first can expect strong support at the ballot box … Europe might want to learn the obvious lessons from Venezuela” – Len McCluskey

    “Venezuela is seriously conquering poverty by emphatically rejecting … Neo Liberal policies … As with Cuba the threat to the USA by Venezuela is not military … It is far more insidious, a threat by example of what social justice can achieve.” – Jeremy Corbyn

  3. Owning a paper plant is quite different from being able to run one.

    Same goes for petroleum companies, as they have found out.

  4. Steve

    Lest we forget, another Venezuelan comment from a left-wing fvckwit

    June Brown says:
    August 21 2018 at 8:59 pm
    So what was the main cause of the problems in Venezuela?

    Reply
    Richard Murphy says:
    August 21 2018 at 10:46 pm
    The dollar

  5. A letter in the latest Spectator claims that “Venezuela does not have a socialist economy . . . it has a mixed economy.” It goes on to blame food hoarding by “private companies” and an economic blockade by US and European banks for its current state.

  6. I was at the dentists at 1.10 today.

    They had radio 2 on speakers in the waiting room.

    A couple of vacuous songs and the next thing is some vile bitch from the LSE I think –who has some piece of shit marxist book out on the theme that the iphone and others owe a shitload more to govt science pricks–90% was the figure I heard–than to free enterprise and this should be acknowledged and business forced to kiss the states arse. A vile re-hash of “it takes a village/you didn’t build that” in effect. I switched the radio off although there were two other people there. They chose not to object–which iwas lucky for them. Then I go for the filing and another speaker in the dentists room still has the vile, hatchet-voiced cow rabbiting on. Luckily the drill drowned her shit out. In between pauses in dental work she was on. Finally it was finished.

    The LSE bitch was given 15+minutes by my count to spew her marxist evil and people in this nation pay £145 a year for the privilege.

    Purge the Unis of leftist scum both a s staff and so-called students and abolish the BBC in 24 hours flat.

  7. Wherever Tim–she’s scum.

    And if leftist pricks paid for their leftist propaganda at least I could ignore it without having to pay for it.

  8. ‘The dominant idea at the time amongst Marxist radicals like himself was that in order to attain power you needed to seize the means of production and administration — that is, take over the factories and the state. But Gramsci recognized that this was not sufficient. In his youth, he had witnessed workers take over factories in Turin, only to hand them back within weeks because they were unsure what to do with the factories, or themselves.’

    We’ll see if Maduro’s cronies can ran a paper plant. My bet is, “No.”

  9. Gamecock: Isn’t their a classic British film with that plot line? Workers storm the manager’s office demanding things, owner/manager says: ok, sod it, *you* run the damn factory, and walks out, leaving the workers helpless.

  10. Bloke in North Dorset

    Gamecock,

    “We’ll see if Maduro’s cronies can ran a paper plant. My bet is, “No.””

    Given their track record of failing in everything they’ve done, I for one won’t be taking up your offer.

  11. I don’t really see how it matters how well/badly banknotes are printed, so a paper bag plant could suffice. Nobody is going to counterfeit banknotes that are worth less than the paper they are printed on, so security measures are completely unnecessary. Indeed only an idiot would create banknotes that are worth less than the paper they are printed on in the first place, but there’s socialism for you.
    Reminds me of the scene in Sir Pterry’s Making Money when Moist realises that the royal mint is running at a loss.

  12. I’ve been lucky enough to get a tour round a bank note printing plant. The presses are very expensive and very hard to set up properly as bank notes are rather valuable so complex features are required. Intaglio printing is particularly hard.

    As for bolivars. Paper bags with some simple text on would be fine as it’s fiat money and will be worthless next week. They could put a date and a value on it and make it out of toilet paper and it would work.

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