It has become public that Venezuela's Nicolas Maduro, the tyrant who replaced Hugo Chavez, and continued his oppression of the country, has been financing his efforts by selling the country's gold reserves. This information came to light when it was revealed that shipments were being airlifted to Africa for processing and ultimate sale on the world market. These shipments came in the form of gold bars marked with the stamps of the Venezuelan government. Some of the bars were defaced in an attempt to conceal the bar's origins.
There's a refinery in central Africa that can assay the material, verify its content, and mark it as such for international sale. An investigation into amounts processed indicate Maduro has liquidated over $200 millions of the country's wealth, and has used the proceeds to fund his military support by paying them directly with the proceeds, but not in essentially worthless 'New' bolivars. So the tangled web of his quasi-government teeters on the brink of total collapse, only sustained by depletion of reserves that could be used to rescue the economy of the once wealthy nation. Maduro, supported in large part by Cuba, has seen his Russyan friends begin their exit from the country where about 1000 Russyans were on board to support the regime; but now, in the absence of any economic payments for the support troops, they are being recalled.
Will this hasten the removal of Maduro? As long as his military continues to give him protection, he will remain in power. The missing link is the moral fiber of military leaders: they have none. The Western hemisphere awaits a new government, and continues to observe the human rights violations that occur daily.
Lake Tahoe, California's Alpine playground, is anchored on the west shore by Homewood/Tahoma, straddling two counties:Placer and El Dorado. The mayor of Tahoma posts information related to the area and items of interest to residents and visitors alike. Its goal is to be informative, humorous, and timely. Hope you enjoy the site.
Thursday, June 20, 2019
Subscribe to:
Post Comments (Atom)
Hezbollah Reeling/Careening
Things have not gone well for recognized terrorist organization Hezbollah, which usurped power in Lebanon decades ago. They recently thou...
-
Finally, some civic action that will affect Lake Tahoe and its residents. The town of Truckee has passed an ordnance that will ban t...
-
Old man Khamenei, Supreme Leader of the Revolution, and 85 years old, or as we say in the West: OLD. So now the Old Man(really old) ...
-
Really, nobody knows in Northern California where Pacific Gas and Electric rules the roost. The utility has a stranglehold over the CPUC...
No comments:
Post a Comment