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View Full Version : Coming to America......... The "Good Life" Card



Twisted Titan
9th October 2010, 09:08 AM
Venezuela introduces Cuba-like food card




http://www.miamiherald.com/2010/09/04/1807508/venezuela-introduces-cuba-like.html




BY ANTONIO MARIA DELGADO

Presented by President Hugo Chávez as an instrument to make shopping for groceries easier, the ``Good Life Card'' is making various segments of the population wary because they see it as a furtive attempt to introduce a rationing card similar to the one in Cuba.

The measure could easily become a mechanism to control the population, according to civil society groups.

``We see that in short-term this could become a rationing card probably similar to the one used in Cuba,'' Roberto León Parilli, president of the National Association of Users and Consumers, told El Nuevo Herald. ``It would use more advanced technological means [than those used in Cuba], but when they tell you where to buy and what the limits of what you can buy are, they are conditioning your purchases.''

Chávez said Tuesday that the card could be used to buy groceries at the government chain of markets and supplies.

``I have called it a Good Life Card so far,'' Chávez said in a brief statement made on the government television channel. ``It's a card for you to purchase what you are going to take and they keep deducting. It's to buy what you need, not to promote communism, but to buy what just what you need.''

Former director of Venezuela's Central Bank, Domingo Maza Zavala, said this could become a rationing card that would limit your purchases in light of the country's recurring problems with supplies.

``If the intention is to beat inflation, they should find a good source of supply for the entire market and not only for centers that are part of social chains,'' he said. ``To do that, you need to encourage local production with the help of the private sector, since they cannot do it by themselves. The government cannot become the ultimate food distributor.''

Humberto Ortega Díaz, minister for public banking and president of the Venezuelan Bank, minimized such criticism and said that all this measure is trying to do is to improve service at the government supply chains.

``Why can't our Bicentennial chain use a card to make it easier for customers to buy their groceries?'' the minister said in an interview broadcast on a government channel. He said that this type of initiative has been used by private commercial entities.

Yet, critics pointed out that the measure could turn out not as innocent as the minister makes it to be, and they insist that the government control over the supply chain is too broad and depends greatly on imports the government authorizes through its currency exchange system.

In theory, the government could begin to favor the import of products to be sold through the government chains and have more control over the type of products purchased and the people buying them.

Jaime Suchlicki, director of the University of Miami's Institute for Cuban and Cuban-American Studies, said that Venezuela's current problems of scarce supplies are very similar to those Cuba faced when Fidel Castro introduced the rationing card.

``The card emerged when goods began to become scarce,'' Suchlicki said. ``The government had seized many companies that did not work because the government managed them poorly. Then they decided to distribute groceries through those cards.''

And although the cards were introduced as a mechanism to deal with scarcities, Suchlicki said, they later became an instrument of control.

``People depended on the government to eat, and nothing gives you more power than having people depend on you to get their food quota,'' he said.



Read more: http://www.miamiherald.com/2010/09/04/1807508/venezuela-introduces-cuba-like.html#ixzz11sWUFAK0

Twisted Titan
9th October 2010, 09:10 AM
http://devilsexcrement.com/2010/09/04/in-venezuela-for-anything-to-eat-there-is-the-good-life-card-priceless/





In Venezuela, for anything to eat, there is the “Good Life” card, priceless
September 4, 2010


Hugo Chavez could sell a used car to even Richard Nixon, as he has been doing for the last eleven years. And now he is back at it with the most populist and dishonest campaign offer, the “Good Life” credit card, a credit card to buy food on credit in Government-owned supermarkets.

The offer is somewhat surreal, as Chavez is implicit admitting that after eleven years in power most employed Venezuelan can’t make ends meet and their money is insufficient even to buy all of the staples to feed themselves.

But the worst part is that Chavez seldom mentions one condition to get this new card: You have to be in the Government’s payroll. But most people don’t get this fine point. They think this is another Government giveaway of which they may be beneficiaries. Another morsel that will never reach them. Another gift from the Government that will captivate them, but which they will never see, like many other promises for the simple fact that they are not even supposed to get it.

And despite this, by now Chavez has become like a salesman for Banco de Venezuela, talking abut a commercial product of a Government bank all the time, somehow failing to note at all that that you need to be a Government employee to be a beneficiary. And if you are in a Government or private payroll, even if you make minimum salary, you surely can get a credit card anyway. And it helps, until you max the credit line out of it.

And I am definitely in favor of Government owned banks increasing lending to Government employees, their lending record falls consistently below that of private banks, but the first order of business will be to change the laws, as it is currently forbidden by the consumer protection law, for banks to issue credi or debit card that can only be used in certain establishments.

But there is something very perverse about offering a credit card so that people can buy food. It is an acknowledgment that after eleven years, even employed people, which represents a privileged group in Venezuela, don’t make enough to eat well or to earn sufficiently to pay for their food. Eleven long years that happened to include the biggest oil windfall in the country’s history. But the boom is over and the Government can’t afford to give away things any more, so now it wants to lend to them to eat and masking it as a campaign promise. By the time voters realize this will not be aimed at them, the upcoming elections will be past and another empty promise will have dazzled voters.

In other countries, banks actually target this particular group, people in payrolls, as they represent a very safe group to lend to, after all, their salary has to go through the payroll account first every month, allowing banks to deduct payment when workers are late in paying. And obviously, the President of a country never gets involved in offering these products in Government banks or are so dishonest to sell it as a giveaway for all, when it is only aimed at a single group, not to the population at large.

But this is Chavez and by now the card is a card “for the people” to “alleviate poverty”, all details left in the noise and an incredibly incompetent opposition has once again failed to counter act. Even if it could do a good job, it has meager resources to put up a good fight.

Chavez knows that offering something for nothing works well in Venezuela. This time, he is offering nothing for nothing and the people are likely to buy the promise. Someday they will get fed up with it, but it seems like they will buy it once again this time.

Imagine the ads:

“For anything to eat, there is the “Good Life” card”

“For anything else, you are screwed”

Priceless…

madfranks
9th October 2010, 12:21 PM
In theory, the government could begin to favor the import of products to be sold through the government chains and have more control over the type of products purchased and the people buying them.

But only "in theory..." :ROFL:

Twisted Titan
9th October 2010, 02:24 PM
But there is something very perverse about offering a credit card so that people can buy food. It is an acknowledgment that after eleven years, even employed people, which represents a privileged group in Venezuela, don’t make enough to eat well or to earn sufficiently to pay for their food. Eleven long years that happened to include the biggest oil windfall in the country’s history. But the boom is over and the Government can’t afford to give away things any more, so now it wants to lend to them to eat and masking it as a campaign promise. By the time voters realize this will not be aimed at them, the upcoming elections will be past and another empty promise will have dazzled voters.


I wonder how long it will take Liberal Americans to figure this one out????

Ponce
9th October 2010, 07:25 PM
I already posted that we will get the rations cards in the US as well as the "Debit-Credit" card where all that you earn will go there and all that you spend will come from there........

I can also see full warhouses of food that the blackmarketers wil be selling to those with gold and silver...it will be a big operation.

Book
9th October 2010, 07:29 PM
The number of Americans receiving food stamps rose to a record 41.8 million in July as the jobless rate hovered near a 27-year high, the government said.

Recipients of Supplemental Nutrition Assistance Program subsidies for food purchases jumped 18 percent from a year earlier and increased 1.4 percent from June, the U.S. Department of Agriculture said today in a statement on its website. Participation has set records for 20 straight months.

http://www.bloomberg.com/news/2010-10-05/food-stamp-recipients-at-record-41-8-million-americans-in-july-u-s-says.html