A straw man is a common form of argument and is an informal fallacy based on giving the impression of refuting an opponent's argument, while actually refuting an argument that was not presented by that opponent. One who engages in this fallacy is said to be "attacking a straw man.
It may not just be about oil. Hadn't Chavez already repatriated a lot of gold before the CIA shot him with their cancer gun...
Venezuela gold holdings in Bank of England soar on Deutsche deal: sources
https://uk.reuters.com/article/us-ve...-idUKKCN1PF1Z8
more at the link...CARACAS (Reuters) - Venezuela’s gold holdings in the Bank of England have jumped after it closed out a gold swap deal with Deutsche Bank, according to two sources, as Britain remains reluctant to release gold held for the troubled OPEC nation.
The government of Nicolas Maduro has since last year been seeking to repatriate about $550 million in gold from the Bank of England on fears it could be caught up in international sanctions on the country.
Its holdings at the bank more than doubled in December to 31 tonnes, or around $1.3 billion, after Venezuela returned funds it had borrowed from Deutsche Bank AG (DBKGn.DE) through a financing arrangement that uses gold as collateral, known as a swap, one of the sources said.
Under the deal struck with Deutsche Bank in 2015, Venezuela put up 17 tonnes of gold in exchange for a loan, according to one of the sources who asked not to be identified because they are not authorized to speak publicly about the issue.
The country’s gold holdings fell to 134 tonnes in November compared with 150 tonnes at the start of 2018, according to central bank statistics.
This is in part because Venezuela last year started carrying out gold barter operations with Turkey to import food following U.S. sanctions that have made international banks reluctant to handle Venezuelan transactions.
The motivation for paying back the funds from the Deutsche swap was not immediately evident. But redeeming the swap would give Venezuela more gold for barter operations with Turkey.
Deutsche Bank declined to comment. Venezuela’s Central Bank did not reply to an email seeking comment.
The Bank of England said in a statement that it does not comment on customer relationships.
“In all its operations, the Bank observes the highest standards of risk management and abides by all relevant legislation, including applicable financial sanctions,” the statement added.
That's the typical War Party MO. Call any who speak out against imperialism, militarism and global meddling, isolationists.Originally Posted by bowie
Chavez daughter is apparently worth over $4 billion. Who says socialism doesn't work.
....and some will never get it.
The Economist summed it up neatly:
https://www.economist.com/finance-an...shed-venezuelaVenezuela was once the envy of Latin America, until a long stagnation in living standards brought a populist strongman to power. But popularity is hard to maintain. The greater the desperation of the populist, the greater the willingness to accept long-run risks in exchange for short-run pay-offs. Whether or not the populist survives to see it, the day of reckoning eventually arrives. And it is always the people that suffer most.
This is simply about America's theft being threatened.
Venezuela, one of the largest oil reserves on earth...and they are poor?
Nope, it's because they have been drained by having to use the petro dollar.
Maduro just released the petro, a crytocurrency that was intended to bring the profit back to him and his people, rather than being leeched by the US.
That's why they've done this.
Exactly the same as when they destroyed Libya. Gaddafi was introducing the Gold Dinar for the same reasons, and the US wouldn't have it.
The US truly is "The Great Satan", pillaging the world with impunity.
Before Venezuela, US has long involvement in Latin America
By The Associated Press
today
Some of the most notable U.S. interventions in Latin America:
1846: The United States invades Mexico and captures Mexico City in 1847. A peace treaty the following year gives the U.S. more than half of Mexico’s territory — what is now most of the western United States.
1903: The U.S. engineers Panamanian independence from Colombia and gains sovereign rights over the zone where the Panama Canal would connect Atlantic and Pacific shipping routes.
1903: Cuba and the U.S. sign a treaty allowing near-total U.S. control of Cuban affairs. U.S. establishes a naval base at Guantanamo Bay.
1914: U.S. troops occupy the Mexican port of Veracruz for seven months in an attempt to sway developments in the Mexican Revolution.
1954: Guatemalan President Jacobo Arbenz is overthrown in a CIA-backed coup.
1961: The U.S.-backed Bay of Pigs invasion fails to overthrow Soviet-backed Cuban leader Fidel Castro but Washington continues to launch attempts to assassinate Castro and dislodge his government.
1964: Leftist President Joao Goulart of Brazil is overthrown in a U.S.-backed coup that installs a military government lasting until the 1980s.
1965: U.S. forces land in the Dominican Republic to intervene in a civil war.
1970s: Argentina, Chile and allied South American nations launch brutal campaign of repression and assassination aimed at perceived leftist threats, known as Operation Condor, often with U.S. support.
1980s: Reagan administration backs anti-Communist Contra forces against Nicaragua’s Sandinista government and backs the Salvadoran government against leftist FMLN rebels.
1983: U.S. forces invade Caribbean island of Grenada after accusing the government of allying itself with Communist Cuba.
1989: U.S. invades Panama to oust strongman Manuel Noriega.
FILE - In this Dec. 26, 1989 file photo, U.S. soldiers take aim while searching suspects detained outside the home of a business associate of Manuel Noriega in Panama City. In 1989, the U.S. invaded Panama to oust strongman Manuel Noriega. (AP Photo/Ezequiel Becerra, File)
1994: A U.S.-led invasion of Haiti is launched to remove the military regime installed by a 1991 coup that ousted President Jean-Bertrand Aristide. The invasion restores Aristide.
2002: Venezuelan President Hugo Chavez is ousted for two days before retaking power. He and his allies accuse the U.S. of tacit support for the coup attempt.
2009: Honduran President Manuel Zelaya overthrown by military. U.S. accused of worsening situation by insufficient condemnation of the coup.
https://apnews.com/8c99384884df4e1293690c797682f0ad
^Wondering why this one was omitted:
1973: Chilean coup d'état was a watershed moment in both the history of Chile and the Cold War. Following an extended period of social unrest and political tension between the opposition-controlled Congress of Chile and the socialist President Salvador Allende, as well as economic warfare ordered by US President Richard Nixon,[4] Allende was overthrown by the armed forces and national police.[5][6]
During the air raids and ground attacks that preceded the coup, Allende gave his final speech, in which he vowed to stay in the presidential palace, refusing offers of safe passage should he choose exile over confrontation.[12] Direct witness accounts of Allende's death agree that he killed himself in the palace.[13][14]
Before the coup, Chile had been hailed as a beacon of democracy and political stability for decades; whilst the rest of South America had been plagued by military juntas and Caudillismo. The collapse of Chilean democracy ended a streak of democratic governments in Chile, which had held democratic elections since 1932.[15] Historian Peter Winn characterised the 1973 coup as one of the most violent events in the history of Chile.[16]
https://en.wikipedia.org/wiki/1973_C...'%C3%A9tat
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