Good grief. A great thinker! Why didn’t President Obama think of it first? No problema; he has plenty of time before the election.

The Devil's Excrement

In its never ending quest to offer the voters anything, candidate Reina Sequera, the candidate for the Poder Laboral party has made the ultimate populist promise:

“I promise to eliminate the poverty of all Venezuelans. This promise will materialize itself opening a personal bank account and deposit one million US$, amount which we consider should be sufficient for each poor person to get out of material poverty”

There you have it. Hard (Impossible?) to top this. Poverty killed instantly by distributing US$ 26,000,000,000,000 among all Venezuelans. (Please don’t quibble if the population is 26 or 29, or if she will hand out one third at a time, that is round off error). That is 2.6 x 10^13 dollars which will come from”all of the excess of wealth of the minerals that gives us our noble nature, whether you call it oil, iron or gold, etc.”

There you have…

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About danmillerinpanama

I was graduated from Yale University in 1963 with a B.A. in economics and from the University of Virginia School of law, where I was the notes editor of the Virginia Law Review in 1966. Following four years of active duty with the Army JAG Corps, with two tours in Korea, I entered private practice in Washington, D.C. specializing in communications law. I retired in 1996 to sail with my wife, Jeanie, on our sailboat Namaste to and in the Caribbean. In 2002, we settled in the Republic of Panama and live in a very rural area up in the mountains. I have contributed to Pajamas Media and Pajamas Tatler. In addition to my own blog, Dan Miller in Panama, I an an editor of Warsclerotic and contribute to China Daily Mail when I have something to write about North Korea.
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2 Responses to

  1. Mike says:

    Don’t laugh, a lot of leftists tossed this idea around after the financial crisis.

  2. Maybe we should try it. It’s gotta be cheaper than what we’re doing. One time offer though.

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