Crouchy tells it like it is

From Grouchy Old Cripple

Another Triumph For Socialism
Yep! here we have another success story (scroll down) for socialism in today's Atlanta Urinal and Constipation.

Zimbabwe enforces price-cuts mandate
Inspectors and police raided stores in Zimbabwe on Sunday to enforce sweeping price cuts imposed to curb soaring inflation. At least 20 business executives were arrested over the weekend for hoarding goods and violating the government's order last week to slash prices of most products by half. Gasoline prices were ordered reduced by 70 percent, and stations quickly ran dry. Zimbabwe has the world's highest inflation, with an official rate of 4,500 percent —- but independent financial institutions calculate real rate is closer to 9,000 percent.


Whoda thunk it? You put an artificially low price on gas and you run out. I've seen this movie before. We tried price controls during the administrations of Nixon, Ford, and Carter and guess what? They didn't work! They never do!

You cannot repeal the Law of Supply and Demand, although socialists throughout the brief history of socialism never seem to let that fact penetrate their mushy brains. Price controls do not work. They're discovering that in Iran. Maybe if they pray long enough to their moon god Allan he can figger out a way to get around that pesky economic law.

As an aside, I think we should launch a cruise missile and take out Iran's lone oil refinery. Then, they would have to import all of their gasoline. If Aramalamadingdong thinks the rioting over gas shortages is bad now, it would really get bad then.

It won't be too much longer until Hugo Chavez competely destroys Venezuela's economy. But it won't be his fault. He'll just blame it on Jorge Bush.

But back to Zimbabwe. I'm not shedding a tear. Let 'em starve. Mugabe was a known socialist. He was elected in free and fair elections. Just ask Jimmah Carter. Mugabe took over a rich country and bankrupted it. A country that used to be a bread basket that exported food is now a starving basket case that has to import food. He can thank his land "reforms" for that. Confiscate successful farms from whites and give them to illiterate peasants. How's that working out, Bob?

Yannow what? South Africa is considering implementing those same "reforms". The ANC is a socialist party. They're running South Africa. I wonder how long it will be before they destoy that country?

I'm not shedding any tears for Zimbabwe. When Venezuela and South Africa go down the shitter I won't shed any tears for them either.

Socialists never learn.