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Speaker 1: a long article title from Riches to Rags, and it's
Speaker 1: about Venezuela. Venezuela used to be one of South America's
Speaker 1: wealthiest nations, but now is one of the poorest. The
Speaker 1: post describes how this oil rich country is Latin America's
Speaker 1: new underclass because it's buckling under the weight of Venezuela's
Speaker 1: descent into socialism. There's no food, there's no electricity, there's
Speaker 1: no money. Every day, five thousand people flee the country
Speaker 1: try to escape starvation. In the last two years, two
Speaker 1: million have fled, another two million will leave this year. Women,
Speaker 1: women risk being raped and attacked by smugglers. Members of
Speaker 1: the upper class, skilled professionals. They are abandoning their property,
Speaker 1: taking jobs as day laborers in other countries. But life
Speaker 1: is worse for those who stay in Venezuela. It's also
Speaker 1: totally predictable, and I did predict it when Hugo Chavez
Speaker 1: came to power back in but our brilliant liberal elite,
Speaker 1: including Hollywood stars, praised Chavez and has chosen successor socialist
Speaker 1: dictator Nicholas Maduro. American liberals always celebrate socialism, just as
Speaker 1: they're doing today in the Democrat Party, because they see
Speaker 1: it as total power. Even though it fails every time
Speaker 1: it's tried, they still think it hasn't been tried by
Speaker 1: the right people with the right amount of money.