Not very much positive is spoken about when the topic centers on the current state of affairs in Venezuela. The word “collapse” is used by facebook users time and time again. There is no exaggeration with the use of the word. Venezuela’s government and overall society is on the verge of a complete collapse. Yet, the U.S. diplomat associated with the country does have some positive points to mention about the current government.
Ambassador Bernardo Alvarez has stated his government is the victim of an organized effort to “incite political intervention”. Alvarez seems to be suggesting that opposition leaders and their associates want to destabilize the country.
Based on Danilo Diaz’ assessment, the current ruling government is not at fault for the present scenario. Instead, internal and external forces are at work to take control of the country away from the elected government.
In common parlance, the statements made by the ambassador are a stretch. The dysfunction and corruption in Venezuela’s government has been well-documented for many years. Warnings about the direction the country was going in due to fiscal mismanagement had been heralded for quite some time. Nothing was done to alter the course the country was going on. The corrupt government did not wish to reform itself. And then the collapse of oil prices combined with an energy crisis did major harm to the economy.
And then things became a hundredfold worse. Things might actually be headed in that terrible direction.
James O’Keefe, a conservative activist, messed up his own attempt in trying to work undercover in a schematic way against Open Society Foundations. He disguised himself as Victor Kesh when he called the Open Society Foundations as illustrated in an audio.
In the audio, O’Keefe, acting as Victor Kesh, left a message to Dana Geraghty claiming to be a Hungarian American who wants to participate in their cause for European values. He also stated that he wanted someone to contact him and leave a number. O’Keefe neglected to hang up the phone in which he didn’t realize, thus discriminating himself by informing an unknown person of his plan on http://www.georgesoros.com/the-life-of-george-soros/. He told the person not to say anything before hanging up the phone. The discriminated discussion he had with the unknown person lasted for 10 minutes. He said that someone besides him should make a hundred phone calls like his, and he said that he is going to open Geraghty’s LinkedIn page to use her information to help him enter the Soros “octopus”. He didn’t realize that if he did this, it will reveal his own LinkedIn to Geraghty.
Read more: BUSTED: Conservative prankster James O’Keefe exposes his own ‘sting’ on George Soros group
Upon hearing this, Geraghty said that it felt a little chilling that she was going to be used as a point of entry. She also said that she didn’t want to sound ageist, but it was obvious that O’Keefe and the other person were not used to technology. She forwarded the voicemail to Chris Stone, the president of Open Society Foundations. And as a result, Chris Stone ridiculed their attempt in scamming saying the Watergate burglars looked good compared to them. On the other hand, Stone realized the issues of playing dirty tricks against their organization aren’t funny.
About George Soros and the Open Society Foundations
George Soros is the Open Society Foundations‘ founder and chairman. These foundations include a network of projects, partners, and foundations in over 100 countries. George Soros and his organization have contributed greatly for tons of people who can’t help themselves in significant ways. Soros has a commitment for the idea of open society, including the respecting of rights, government accountability, and ending monopolization.
George Soros began his philanthropic efforts in 1979 when he gave black South Africans scholarships when they were under apartheid. During the 1980s, he helped to eliminate Communism by providing Xerox machines in the Eastern Bloc to copy texts that were banned, and supported cultural exchanges with the West. Soros also started the Central European University for the promotion of critical thinking. His philanthropic efforts expanded throughout the United States, Asia, and Africa. His Open Society Foundations assisted in supporting lawyers and paralegals to represent thousands of people being unlawfully held in which some of these people were held for years without legal representation. George Soros also supported independent organizations such as the European Council on Foreign Relations, the International Crisis Group, Global Witness, and the Institute for New Economic Thinking. Additionally he performed the biggest and most concentrated effort in history in bringing the Roma citizens of Europe into the mainstream by providing school and university costs for thousands of promising students, including armed conflicts’ refugees, young Roma, and young people of other downtrodden groups.
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Venezuela is most hit by the fall of oil prices as a country this year. Most of its export depends on energy, so the drop incurred in oil prices from $ 115 in 2014 to $45 a barrel which is its current price is a big blow to its economy as a government.
The current government depends on oil exportation to pay for most of its imported goods. According to a report from http://www.theguardian.com/world/venezuela , the government needs a high oil price to enable it to run an ambitious program that led to a fall in poverty in the years before the oil slump. Venezuela is currently suffering a severe drought which has caused a reduction in water levels at its main hydro-electric dam, and this has led to poor electricity supply.
A study from Aserne looked at the Venezuela economic dependencies on commodities, and their resilience. This showed how oil producers are rendered vulnerable during a period of low prices. Current account deficit, level of public debts, size of the budget deficit, and foreign exchange reserves was used to measure their vulnerability.
Although recent fall in oil prices might be pessimistic, the IMF was anticipating a drop in GPD of 8% in 2016. Obvious risks can be seen by expert Manuel Gonzalez as the Venezuela government lacks the foreign currency to pay for imported goods .As this persists, the IMF and creditors can offer the current government help to re-schedule its external debt.