Venezuela sinks lower
From
Yahoo/AFP:
Venezuela parliament backs Maduro rule by decree bid
Venezuela's legislature gave initial backing Thursday to a measure granting extraordinary powers over the economy to President Nicolas Maduro, following his controversial attempt to forcibly cut consumer prices.
Maduro's supporters, who hold the majority in the National Assembly, approved the measure which would allow him to govern by decree, without having to seek parliamentary approval.
The measure garnered 99 votes in the 165 member chamber -- precisely the three-fifths vote needed for approval.
The leftist leader requested the special powers last month, saying he needs them to fight corruption and combat opponents who are waging "economic warfare" against his government.
A second vote to give final passage to the measure has been scheduled for Tuesday.
Emphasis mine -- he does not need opponents, his own policies and those of Chavez before him are directly responsible for the economic downfall. Any time you fix prices, you guarantee shortages. Say hello to another Cuba at its heyday...
Posted by DaveH at November 15, 2013 4:20 PM