Venezuelan “Preventive Confiscation” Program

(Caracas, Venezuela) President Hugo Chavez is disturbed that price controls on food in his nascent socialist utopia have resulted in empty store shelves reminiscent of the former Soviet Union. To correct the situation, Chavez has launched a “preventive confiscation” program, using the Venezuelan National Guard.

Armed guardsmen now forcefully seize merchandise (foodstuffs) from producers to prevent empty shelves, presumably. The official reasons for the confiscation program are arguably innovative.

Socialism has started the slide — The long slide to the bottom has begun. Other people’s money has run out.

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