From USA Today: “Venezuelan military seizes major retail chain.”
Thousands of Venezuelans lined up outside the country’s equivalent of Best Buy, a chain of electronics stores known as Daka, hoping for a bargain after the socialist government forced the company to charge customers “fair” prices.
President Nicolás Maduro ordered a military “occupation” of the company’s five stores as he continues the government’s crackdown on an “economic war” it says is being waged against the country, with the help of Washington.
Members of Venezuela’s National Guard, some of whom carried assault rifles, kept order at the stores as bargain hunters rushed to get inside.
“I want a Sony plasma television for the house,” said Amanda Lisboa, 34, a business administrator, who had waited seven hours already outside one Caracas store. “It’s going to be so cheap!“
Televisions were the most in-demand item in the line outside one Caracas store, though people waited more than eight hours for fridges, washing machines, sewing machines and other imported appliances.
Water and snacks were being sold outside the store by savvy Venezuelans keen to profit from the commotion. Happy customers weaved giant television screens and other items back to their cars through the crowds.
Images circulating online as well as reports by local media appeared to show one Daka store in the country’s central city of Valencia being looted.
“I have no love for this government,” said Gabriela Campo, 33, a businesswoman, hoping to take home a cut-price television and fridge. “They’re doing this for nothing but political reasons, in time for December’s elections.”
Barack Obama’s ideological cousins destroy an electronics and appliance retailer in Venezuela. I’m sure there are thieves in America who can’t wait for this to happen here.
One thing is certain: When government starts dictating “fair” prices you can be sure they will have no relationship to economic reality.
This chain in Venezuela will collapse, and lots of workers will not have jobs anymore. Consider it a preview of what’s beginning right now in our own medical field.
And stare into the eyes of these thugs in the picture. They’re just following orders… like the Park Rangers did to hurt their own neighbors in America during the mini government slowdown a few weeks back. When paychecks take preeminence over principle you’re on the path to a lower standard of living, and very possibly civil war.