[lbo-talk] WSJ on Chavez's victory

Julio Huato juliohuato at gmail.com
Mon Dec 4 06:15:24 PST 2006


The WS Journal on Chavez's victory yesterday:


> Mr. Chávez is expected to continue Venezuela's bankrolling of Cuba's
> hard-pressed economy. Analysts say Venezuela's aid to the island,
> which includes about 103,000 barrels per day of petroleum products,
> could be as much as $3 billion a year. In turn, Cuba provides the
> services of more than 20,000 doctors as well as an untold number of
> security agents.

Given the world-class quality of Cuban doctors, it would not have been much for the WSJ to impute them a modest salary (for U.S. standards) of USD 150,000/year. If the concern of the incredibly-shrinking WSJ is to ensure that the gentlemanly rules of commerce of the White Man are abide by, Venezuela gets his oil money back. And that's without including the cost of the services provided to Venezuela by the "untold number of Cuban security agents."



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