Monday, January 21

Forcing people to sell milk will end up with no milk to sell

Its like in all totalitarian and state run enterprises, they pretend to pay and the workers pretend to work. So if Hugo Chavez thinks that by expropriating the milk producers, he will create a better supply situation, then he is in cloud cookoo land.

Read and wonder at the continuing economic illiteracy.

The Venezuelan president has threatened to take over farms and milk plants if owners refuse to sell their milk for domestic consumption and seek higher profits by selling overseas instead.
If necessary the army would be deployed in order to expropriate farms and deal with milk shortages, Hugo Chavez said on Sunday.

All this to be taken with a grain of piquant salt!!!

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