...This
nation has the largest oil reserves in the world, yet the government
saved little money for hard times when oil prices were high. Now that
prices have collapsed — they are around a third what they were in 2014 — the consequences are casting a destructive shadow across the country.
Lines for food, long a feature of life in Venezuela, now erupt into
looting. The bolĂvar, the country’s currency, is nearly worthless.
Well, yes, Communists are "leftists." But which of the two terms is a better descriptor? Hubert Humphrey and LBJ were 'leftists.' But they did not bring the US to ruin. Obama, another Communist, won't either--but not for lack of trying.
HT: Zippers
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