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"Hugo Chavez Spearheads Raids as Food Prices Skyrocket
Published:
All dictators' promises sound hunky-dory until they're implemented in the real world.
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"Hugo Chavez Spearheads Raids as Food PricesSkyrocket
Published: Friday,18 Jun 2010 | 5:18 PM ETSource CNBC
"Mountains of rotting food foundat a government warehouse, soaring prices and soldiers raiding wholesalersaccused of hoarding: Food supply is the latest battle in President Hugo Chavez'ssocialist revolution.
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Venezuelan army soldiers swept through the workingclass, pro-Chavez neighborhood of Catia in Caracas last week, seizing 120 tonsof rice along with coffee and powdered milk that officials said was to be soldabove regulated prices.
"The battle for food is a matterof national security," said a red-shirted official from the Food Ministry,resting his arm on a pallet laden with bags of coffee.
It is also the latest issue todivide the Latin American country where Chavez has nationalized a wideswathe of the economy, he says to reverse years ofexploitation of the poor.
Chavez supporters are grateful fora network of cheap state-run supermarkets and they say the raids will slowmassive inflation.
Critics accuse him of steering thecountry toward a communist dictatorship and say he is destroying the privatesector.
They point to 80,000 tons ofrotting food found in warehouses belonging to the government as evidence thestate is a poor and corrupt administrator. ....."
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