Saturday, June 28, 2014

World News - Venezuela

Socialism does not work. Case in point: Venezuela. Most of the country of venezuela went dark recently because of a power blackout. An outage at a power station in the center of the country led to electricity service going out in most of the country. This left commuters stranded and traffic snarled across Venezuela. So what caused the outage? No one is sure. The last outage was conveniently blamed on saboteurs by the government. The truth is that the power grid has not been maintained and grown sufficiently. In other words, it has been mismanaged. Since the power grid is owned and operated by the government, there is no one to blame but the government. When government gets involved things die. Enterprises die, utilities die, energy production dies, even people die. Socialism does not work.

What do you think?

For more:
http://news.yahoo.com/blackout-hits-venezuela-interrupts-presidential-broadcast-204030360.html