Wednesday, October 15, 2014

Venezuela Imports First Ever Oil

Alas, the wonders of Socialism.  First coffee, now oil...

Venezuela, the country with the largest reserves of oil in the world, has just imported its first cargo of crude oil.  Ever.

Cue the Aneurin Bevan quote:
Famous British Labor politician Aneurin Bevan once dismissed the possibility of radical unionism hurting Britain's coal industry by saying " “This island is made mainly of coal and surrounded by fish. Only an organizing genius could produce a shortage of coal and fish at the same time.

Of course, Labor policies went on to produce exactly that before Margaret Thatcher had to right the ship.
Of course, you could say that only an organizing genius (or socialism) could produce a shortage of oil in Venezuela that sits atop vast oceans of oil...


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