Putting your money into bread and circuses
Instead of Infrastructure -- a small taste of the consequences from
Breitbart/AFP:
Water rationing for Venezuela's capital city
Residents of the Venezuelan capital face cuts in water service for as much as 48 hours per week, after the government imposed rationing to stem a 25 percent shortfall in the city's supply, officials said Monday.
Officials said cuts in water service were to be staggered throughout Caracas through the duration of the current dry season, which is not expected to end until May 2010.
Weather forecasters blame the "El Nino" weather phenomenon, saying the periodic weather system has markedly reduced rainfall and created drought conditions.
Others blame the shortage on poor government management of the country's water resources, while President Hugo Chavez faulted the excesses of capitalism.
And of course, all of the other utilities are in fine shape:
The government recently created a ministry of electricity to help conserve the use of power, which also is in short supply.
They are one of the richest South American nations with massive oil reserves and yet, Chavez squanders this on feel-good programs for the poor and doesn't spend a dime on the nations infrastructure. I have said this before but when (not if), Venezuela's oil runs out, they will sink into a pit of their own making if this guy stays in office.
Posted by DaveH at November 2, 2009 1:53 PM