"This is what socialism produces."

Nothing but misery;

"Chavez nationalized the oil industry, agricultural operations, transportation, power generation, telecommunications, steel production, banks. Today Venezuela is the third least free economy in the world, ahead of only Cuba and North Korea.

As a direct result of those actions, Venezuela went from being on the wealthiest countries in South America — one rich in natural resources — to a country where people are literally fighting for scraps of food. Last year, Venezuela's economy shrank 18%. The unemployment rate is 25% and climbing. Inflation could reach 2,068% next year. Riots have become routine."

Yup.

And I will also add that there is a very familiar aroma that's coming from domestic shores, and getting stronger all the time.

H/T to Remus at The Woodpile Report.