Venezuela: Supreme court backtracks on powers bid

[TomSea]

Venezuela: Supreme court backtracks on powers bid
    1 April 2017
The Venezuelan supreme court has reversed its ruling to strip congress of its legislative powers.

It made the decision after the government of President Nicolas Maduro urged it to review the ruling "to maintain institutional stability".

The initial decision - announced on Wednesday - had been denounced as a "coup" by the opposition, which dominates the National Assembly.

Anti-government protesters have staged daily protests against the move.

Continued: http://www.bbc.com/news/world-latin-america-39468045

[geronl]

Marduro has forced the oh so independent court to rewrite their ruling. The court no longer assigns itself the power to make laws. Of course it did not restore the power to make laws to the National Assembly either.

There are now calls for the judges to be removed from the bench for this coup (as dictated by the law and Constitution)

Of course Marduro now stands as the only one who can make laws, a real dictator. The OAS is going to hold a meeting about these events and large protests have taken place in Venezuela.

Oh and apparently the Bar Association has disbarred the judges.

[LateForLunch]

hah hah and so the far leftist Carnival of Mutual Rape continues.

There are no "moderates" or "conservatives" in Venezuelan politics. Even those who oppose Maduro are far-leftists - just slightly less-militant, less-brutally inhumane leftists. But far leftists nonetheless.

The political factions in Venezuela consist of radical revolutionary Marxists of the Stalinistic school (like Maduro - Chavez) the self-described Bolivarian Socialists (who ascribe to the Marxism advocated by Simon Bolivar) and a few other Marxist factions which are likely best described at Trotskyite, Fabian or "evolutionary" (Maoist) socialists.

That nation is so screwed. The People who elected the leaders are far crazier than the leaders themselves  - who are at least realists who understand that the People are hopelessly ignorant, easily-fooled idiots who have not the slightest idea how to run the country.

As always, the criminal drug-cartel affiliated Marxist "leaders" are squirreling away as much cash as they can steal from the People. It's obvious that former bus-driver Maduro et al secretly despise the People and are preparing to head for other countries with their loot whenever the Carnival finally closes up shop.

The show will likely end with some sort of massive catastrophic collapse of the nation's infrastructure followed by the intervention of foreign nations who will try to minimize the bloodshed, horror and ultimately bring back something resembling sanity and order to a failed state which has one of the largest crude oil reserves in the Western Hemisphere.

It wouldn't surprise me at all to see China make a play for intervening in Venezuela to set up a foot hold in South America and use as a base of operations for expansion of their interests into the West. 

[thackney]

It wouldn't surprise me at all to see China make a play for intervening in Venezuela to set up a foot hold in South America and use as a base of operations for expansion of their interests into the West.

China has been involved with Venezuela for a while.

China seeks to renegotiate Venezuela loans
https://www.ft.com/content/18169fbe-33da-11e6-bda0-04585c31b153
JUNE 19, 2016

China is renegotiating billions of dollars of loans to Venezuela and has met with the country’s political opposition, marking a shift in its approach to a nation it once viewed as a US counterweight in the Americas. 

Venezuela is facing one of the worst crises of its 200-year history, with a collapsing economy and political deadlock stoked by the oil price slump. China, which is Caracas’s biggest creditor and has loaned the country $65bn since 2005, has already extended the repayment schedules for debts backed by oil sales....

- - - - - - - -

Venezuela falls behind on oil-for-loan deals with China, Russia
http://www.cnbc.com/2017/02/10/venezuela-falls-behind-on-oil-for-loan-deals-with-china-russia.html

Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according to internal company documents reviewed by Reuters.

The delayed shipments to such crucial political allies and trading partners - which together have extended Venezuela at least $55 billion in credit - provide new insight into PDVSA's operational failures and their crippling impact on the country's unraveling socialist economy....

[Fishrrman]

Probably what's needed there is a coup by the right-wing military. A latter-day Pinochet.

That solution saved Chile from marxist ruin.

Only problem is -- the leaders of the Venezuelan military are in all likelihood leftists, too.