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Tipsheet

Atlast Shrugged Comes to Life in Venezuela

Way to go, Jim Taggart:

From monitoring El Universal, A.M. Mora y Leon @ Publius Pundit surmises “that the U.S. needs to prepare for an oil cutoff from Venezuela” due to the “socialization” of that country’s oil industry, courtesy of Hugo Chavez: “[T]he country [is] running its oil industry into the ground with fires and accidents, something that’s never occurred until these Chavista years, a result of the firing and blacklisting of all of Venezuela’s talented and dedicated engineers and managers - who have since been replaced by Chavista operatives known for their political loyalty and not their expertise…”

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And, the dream crumbles again.

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