Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Political Debate Board Message Board

socialist loon Xmas - As a harrowing economic cris

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 65629
(Total Views: 41)
Posted On: 01/16/2017 5:38:41 PM
Avatar
Posted By: PoemStone
socialist loon Xmas - As a harrowing economic crisis makes food scarce for millions of Venezuelans, many families cannot buy their children Christmas presents, decorate their home or even host a holiday dinner.

The oil-rich country is suffering the third year of a recession that has sparked product shortages and galloping inflation. With a recent currency depreciation pumping up prices even higher, some parents are simply canceling Christmas.

“Last year I bought everything for my daughter,” said Dileida Palacios, a 40-year-old hairdresser dressed in black to mourn her son killed in crime-rife Venezuela a few weeks ago.

“This year I had to tell her everything is tough and Santa Claus isn’t coming.”

Like Palacios, about 38.5 percent of Venezuelans think this Christmas will be worse than last year’s, and 35 percent think it will be the worst ever, according to a poll by consultancy Ecoanalitica and Catholic University Andres Bello.

Several days of unrest over a national cash shortage have added to the grim national mood.

Once merrily decorated during the holidays, Caracas looks shabby. Many stores are empty, closed or selling cruelly expensive toys, Christmas trees and holiday treats like “hallacas,” a cornmeal dish wrapped in plantain leaves.

Eight-year-old Helen Ramirez, who lives in Caracas’ sprawling Petare slum, asked Santa for food for her family and pink roller skates from the Disney show “I’m Luna.”

But those skates are far out of reach for Ramirez’s family at about 400,000 bolivars, roughly $100 at the black market rate and about 14 times the monthly minimum wage.

“This year we didn’t decorate the house or anything,” said Ramirez’s grandmother, Nelys Benavides, during a charity-organized present giveaway in Petare. “We have nothing.”

President Nicolas Maduro’s leftist government accuses businessmen and rival politicians of seeking to stoke anger and ruin Christmas.

State media has feted the arrival of 200 containers of toys and food in Venezuela’s otherwise largely deserted ports, and Maduro lit a cross on Caracas’ Avila mountain in November to usher in early holidays.

His government confiscated 3.8 million toys from importer Kreisel, accusing the company of hoarding and price gouging.

Two Kreisel executives have been jailed, and Socialist Party committees have been distributing the toys to children.

“That’s what you call a reinforcement for Father Christmas, right?” the president laughed, stroking his mustache during a recent speech on state TV. “Saint Nicolas without a beard; Saint Nicolas with a mustache!”


(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us