Problem with that joke is "socialism not working" might lead some to believe that there are circumstances where it does work.
What do twitter and Venezuela have in common?
They are both led by a "twit".
Late Friday, the latter twit (Baby Hugo) devalued the Bolivar, Venezuela's currency. Perhaps if it devalues further, they can rename it the "Chavez" and put his pudgy mug on it to remind everyone of who destroyed the economy of the nation with the largest oil reserves in all of South America.
Actually, it's a tad unfair to blame that terminally-homely SOB for the downfall of the entire nation. That's because for a while at least, Venezuela was functioning as a capitalist democracy. Voters actually voted him into office and his inauguration was a momentous event full of hope for change. And change they got. He nationalized industry and started spending money on government programs at an unprecedented rate. So those who were the benficiaries of this redistributed wealth voted him back into office (how do you say "ACORN" in Spanish?). So he nationalized more industry and spent more on government programs and the recipients cheered. But, as Margaret Thatcher pithily summed up socialism, the problem with it is "eventually you run out of other people's money."
And today all those who voted him into office are wondering why they are being crippled by some of the highest inflation in the hemisphere. Life is tough, even tougher when you are stupid, even tougher when you are stupid AND you vote.
Thank God we here in the US are so much smarter than to run down this path.
BTW, here are some pics from one of Hugo's Scrapbooks titled "My Pals from the USA". See how many loyal Americans you can name. Any guess which way they voted?










