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Showing posts from September, 2015

Hugo Chavez's daughter is richest woman in Venezuala

Apparently she is worth more than $ 4 billion . Wait a minute, I thought being rich was a bad thing as per Marxist doctrine. Certainly Mr Chavez heated rhetoric over the past decade had hammered that home. I guess in such regimes, it is only entrepreneurs, big or small who actually create products and services that people who are the "bad" rich. The good rich people are government officials who seize their assets for the common good. Though they often fail to redistribute in a fair manner. it always ends up sticking to their fingers somehow! Even in the Soviet era, the  party officials while lambasting the West for its materialism and corruption would live it up in the dachas with champagne, caviar, Swiss chocolates, Italian furniture and other luxuries while the masses wait in line for hours in the freezing cold for a sack of potatoes and a bar of soap. Meanwhile stores in Venezuela are running out bread, milk amongst other essentials. But ...but the apologists tel