How many scary ideas can you fit into one paragraph?

Government officials say their rationing plan should help the country reach May, when seasonal rains are predicted to return. But even Chavez concedes the situation is serious. His past efforts to solve the problem have included sending cloud-seeding planes to produce rain with the help of Cuba.

I count at least seven.  The broader story, which has even more scary ideas, is here.  It seems quite possible that over seventy percent of Venezuela could end up without electrical power, within a year.

On the brighter side, they've finally devalued the currency.

Comments

Why is rationing a scary idea in this case? Why would one expect an efficient distribution via auction in this case?

On a related note, I'm not aware that a free market is able to summon rains.

Seems odd for a response to an unpredicted lack of rain to rely very much on a prediction of when it will rain.

you had me at 'Chavez'.

I can just see him going to Raul a la Jerry McGuire: "Ayudame, ayudate", etc

Oil-rich, socialist Venezuela running out of power, interesting. Reminds me of an East German joke: "What would happen if the desert became communist? Nothing for a while, and then there would be a sand shortage."

I'm sure they exaggerating...

Scary words:

Government - oh great, the government is coming to help us.
Officials - the untrustworthy kind of authority
Say - what government does best
Rationing - no explanation needed
Plan - wonderful, a government plan
Should - wonderful, a verb with no truth conditions.
Help - we're from the government and we're here to help.

Okay, this is going to take too long.

Ridiculing Chavez is picking the low hanging fruit. At this point, we should all simply feel sorrow for the people of Venezuela. This shouldnt be a right/left issue. There are plenty of socially democratic Western European governments superior to Chavez's half baked socialism.

John Pertz, the same could be said about "capitalism". I see socialistic aspects in all mayor western countries. Nationalized armies, welfare to the elderly, police, disaster recovery, thousand of laws controlling the market, ... Actually purely capitalism is only seem is the most primitive societies. From there on, there is a variety of combbinations archived by each country between both terms.

Rationing - no explanation needed
Oh really? Why not? If you think that rationing-by-free-market is always superior to any other rationing scheme, you need to explain why, because it is certainly not trivial or obvious.

"If you think that rationing-by-free-market is always superior to any other rationing scheme, you need to explain why, because it is certainly not trivial or obvious."

While not trivial, it is obvious. Name once in history when rationing worked well (it is not a time of war). Even if you found one, you're still left with a once-in-a-million situation.

@Marian:
It could have been some Scandinavian country based on my description. I guess the gas gave it away. But yes, the "social housing corporations" (made independent QUANGO's which often figure in the social objectives of the polity) own close to 50% of the residential housing stock.

If markets are always the solution for rationing a scarce resource, explain how the river flows of the Chattahoochee River and Colorado River should have been rationed by markets over the past half century to avoid the problems caused by the "droughts" affecting the rivers and the people to depended on unrealistic flow rates.

Be sure to include every constituent in the market rationing systm in your better system, and do so without any government role beyond defining and assigning property rights.

Let's be clear that nuclear power plants, coal plants, etc, require water flows as well, and these have been forced to cut back power production around the world as a consequence of drought.

And be sure to implement your system of property rights without invoking Kelo to justify taking private property rights so they can be transferred to institutions, like power generators and casinos, that will use the water to generate profits. After all, property rights to water have committed twice or three times the total Colorado water flows of the past several decades, and any market system you propose will take those property right by imminent domain.

To Mulp: I don't understand your example of water rights as proving that market economies do not work. Water rights are a classic example of not being a free market. If water rights were open to a market, then no region would have problems providing water for domestic use, where water is most valued, rather than the water being used for agriculture only because the agriculture has senior water rights that are very difficult to sell.

Today, the government began a rationing plan of electricity. Every consumer will be without power 4 hour each second day.In the opposition "ruled " Zulia, Tachira, Caracas. "Ruled " because they were stripped from almost every power and money. Until May if it rains

I'm sure they exaggerating...
Sir , i invite you to come to live here and see for yourself.
On sunday ,the supermarket manager refused to sell me more than 2 lbs of meat.
And the drought is not the problem. Guri is over the level of 2002, Then power was rationed by reducing the cycle of electricity. The only consequence but for Tachira and some other place was that the clock were out of time.
Power rates has been frozen since 1997.
Poor people have never paid for electricity , they steal it. The power companies nor even dare to enter those places. The police is also afraid.
BTW : the Ministry of the Popular Power for Electricity (SIC) steals the power for his house,
The government has a debt to the power companies up to decades of power. There is no way to execute the debt because the laws and the Supreme Court forbid any executive measure against the government. Anyway Chavez thinks that to pay the debt will be take from one pocket to fill another.
Plans for investment were presented to him in 2002 and he rather spent the money in the pimps for Argentina, Bolivia, Nicaragua, London and New York and Massachusetts .
Savings? no way, if you reduce your consumption the company will think you committing fraud and will charge you the same amount previous to the fall of consumption. That policy began when the Zulia┬┤s utility was of canadian property

Water has been rationed for years. Every year from november to may of the following year most cities have running water every 48 hours. Where i live we were on rationing for 2 years because the public run utility didnt want to provide water to "oligarchs". Later he realized that beside the middle class urbanization were i live the is a low income urbanization. So he has to fix the problem even if it would benefit the "compote of pooh". Chavez called the opposition people that way last night while the capital city was dark
Again the poor dont pay for water. The farmers steal it from the pipe that carry water to the city because they have no water .
Condos, every tall building in Venezuela is one have only one account . So no matter how much you consume you pay the same as part of the administration fee.
The water has been under government administration since 1944. In 1999 all bodies of water became public domain, government property in civil law. It was a demochristian who proposed that

we should all simply feel sorrow for the people of Venezuela. This shouldnt be a right/left issue. There are plenty of socially democratic Western European governments superior to Chavez's half baked socialism.

His past efforts to solve the problem have included sending cloud-seeding planes to produce rain with the help of Cuba.

If you think that rationing-by-free-market is always superior to any other rationing scheme, you need to explain why, because it is certainly not trivial or obvious. As it can be not in many cases...

Chavez admits the problem is serious-because it wasn't a problem when it wasn't affecting the wrong type of people.

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