Prison Sentences In Venezuela’s New “Just Prices” Bill

How to fix an already broken economy: throw as many producers and sellers of goods in jail as possible and impose fines on the rest. That’s sure to make them behave; or something. Not only that: it’s entirely consistent with the Chavista Idiotology ideology, so what could possibly go wrong?

The Devil's Excrement

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Daniel has given you a neat angle on the new ¨Bill for Just Prices¨, which implies that if Jeff Bezos ever set foot in Venezuela he would have to go to jail. But Mr. Bezos is very unlikely to set foot on this country. But I want you to give you a slight different angle, the consequences for those that live in Venezuela. What they will face under the new Law. Now, I am not a lawyer, nor do I want to bore you with the details of the new Bill. I just want to point out how absurd, even medieval and fascist the whole Bill is.

Thus, I will concentrate on the prison sentences that local people will supposedly get for violating the Bill and the reasons for it:

–Take for example Article 51, which says more or less: “Those who sell goods or services at prices above…

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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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