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Venezuela

How Venezuela’s corrupt socialists are looting the country to death

Source: NY Post:
January 11, 2017 at 10:34
More than 30 million of the latter.
Venezuela is no longer a country with a government, institutions and a civil society. It’s a geographic area terrorized by a criminal enterprise that pretends to govern, with a civil society made up of two sets of people: accomplices and victims. By “looting,” I mean fraudulent government contracts, a celebration of bribery, phantom payrolls across all government ministries, bogus government-grant programs, the sacking of Venezuela’s gold reserves and a massive currency-exchange scam. More than $1 trillion has disappeared — some of it wasted on social programs that produced nothing — and a staggering amount has ended up in bank accounts in Andorra, Panama, New York, Hong Kong and Switzerland. ...
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