Sunday, February 25, 2007

Private propety is safe (for now)

Chavez has no plans to eliminate private property.

In a normal country that is not a denial that needs to be made.

"While preserving private property, a revised Constitution would also protect
"social" and "collective" property, like the country's large oil reserves,
Chávez said, without giving further details."


There are multiple kinds of property, according to Chavez. These include, in addition to private property are, social and collective property.

In other news, Chavez questions the Venezuelan Central Bank's method of determining inflation and disputes the rate of poverty for his country (18.4% last month and 39.7% at the end of 2005, respectively). Such numbers aren't valid in Venezuela, you see. In the fantasy realm of Chavez, poverty rates are fictitious numbers created to denigrate his country and his "socialism". Inflation numbers are tools of evil capitalists to harm the "revolution".