January 26, 2016

OUR PRESIDENT IS TOO REPUBLICAN TO HAVE DONE THE SAME:

Foes May Hate Hugo Chávez but They Like His Political Playbook (NICHOLAS CASEY and PATRICIA TORRES, JAN. 26, 2016, NY Times)

Twenty-thousand people live in this concrete bastion built by former President Hugo Chávez. He gave them the keys, and they gave him their votes.

There was one thing Mr. Chávez promised but never handed over en masse, though: the property titles that would allow his supporters to sell their homes and cash out.

But now that Mr. Chávez's old adversaries have taken over Venezuela's Parliament, they are adopting the tactic and doing it one better. They want to give away the deeds to hundreds of thousands of homes that Mr. Chávez and his movement built -- and win the loyalties of the nation's poor for years to come.

Rather than handing money directly to banks to stabilize them, the bailout should have paid off mortgage debt.

Posted by at January 26, 2016 6:27 PM

  

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