Venezuelan president is nearing the end of the line, says expert

Venezuelan President Nicolas Maduro’s power is coming to an end since his country cannot keep up with hyperinflation, according to a former top Bush administration Department of State official Friday.

“The regime of Nicolás Maduro is doomed,” Roger F. Noriega wrote Daily Caller  New Foundationin the Miami Herald Friday. The fate of the Venezuelan strongman, “is shackled to a collapsing economy, wrought by two decades of socialism, mismanagement, and corruption that has squandered $1.5 trillion in oil revenue,” opined the former assistant secretary of state for western hemisphere affairs.

“The precipitous drop in oil prices in the last two years has taken its toll on government revenues and social programs,” he wrote. The American Enterprise Institute (AEI) visiting fellow noted the deadly combined forces of “rising hunger and insecurity” as central factors in what he thinks will be the imminent downfall of the socialist Maduro.

Venezuela has been in serious trouble for years, particularly in the wake of the 2013 death of President Hugo Chavez. The passing of the larger-than-life Venezuelan leader left a leadership gap in the Venezuelan Socialist Party. The opposition took advantage of this when they won nationwide legislative elections in December 2015. It is expected the National Electoral Council will issue a decision Monday if the steps needed for a presidential recall will move forward.

This article originally appeared in The Daily Caller
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About the Author: JP Carroll

JP Carroll reports on national security and foreign affairs for the Daily Caller

  • Immortal600

    Antarctic ice is growing:

    http://www.nasa.gov/feature/goddard/nasa-study-mass-gains-of-antarctic-ice-sheet-greater-than-losses

    It irritates the AGW kooks that NASA had the gall to publish this. LOL

    • Dano2

      Antarctic ice is growing:

      Antarctic ice sheet is no longer growing, as poor 600 knows. That is: 600 was already refuted multiple times on this assertion. Yet here it is again, telling same false assertion.

      Therefore purposely spreading untruths.

      Why? Why purposely spread untruths?

      Best,

      D

      • Immortal600

        It is true and it irritates you to no end. Think you can get me to stop saying it?

        hahahahahahaha

        You refuted nothing but gave lots of disinformation.

        hahahahahahahaha

        • Dano2

          You can’t hide your embarrassment with bombast and clowning. Everyone can see it.

          Best,

          D

          • Immortal600

            You can’t hide your frustration with my posts and the world sees you for what you are.

            hahahahahahah

            • Dano2

              If you type it enough times, it becomes troo! is what they teach Trump U students.

              Best,

              D

              • Immortal600

                hahahahahahaha

                fool

                • Dano2

                  Since you play a smart guy on the Intertoobz, you know that you have been refuted on this matter several times.

                  Therefore you are bluffing or deflecting to hide this fact. You aren’t doing a very good job deflecting from the fact that you were refuted on your assertion about Antarctic ice.

                  Jus’ sayin. Kinda transparent.

                  Best,

                  D

  • Jun 21, 2016 Blackout: Venezuela’s Activist Journalists

    In most democratic countries, a free press plays a critical role in restraining government power and blowing the whistle on abuses of authority.

    https://youtu.be/HC7LInc3yDU

  • Immortal600

    Maybe Sean Penn can donate three quarters of his assets to help the socialist government down there. LOL