The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Like Margaret Thatcher Said

Posted on | June 9, 2014 | 22 Comments

“The problem with socialism is, sooner or later you run out of other people’s money.” Venezuela is learning that lesson the hard way.

 

Category: Economics, Venezuela

Comments

22 Responses to “Like Margaret Thatcher Said”

  1. commonpatriot
    June 9th, 2014 @ 9:33 am

    via @rsmccain: Like Margaret Thatcher Said http://t.co/hGIjA7PO9A #tcot

  2. MrEvilMatt
    June 9th, 2014 @ 9:33 am

    Like Margaret Thatcher Said: “The problem with socialism is, sooner or later you run out of other people’s mon… http://t.co/1scI28DSUJ

  3. CHideout
    June 9th, 2014 @ 9:33 am

    Like Margaret Thatcher Said: “The problem with socialism is, sooner or later you run out of other people’s mon… http://t.co/W79ydvsFnn

  4. Lockestep1776
    June 9th, 2014 @ 9:33 am

    Like Margaret Thatcher Said: “The problem with socialism is, sooner or later you run out of other people’s mon… http://t.co/suu9b2mGY0

  5. WeRResistance
    June 9th, 2014 @ 9:33 am

    Like Margaret Thatcher Said: “The problem with socialism is, sooner or later you run out of other people’s mon… http://t.co/MDXpXT0u4q

  6. Citzcom
    June 9th, 2014 @ 9:33 am

    Like Margaret Thatcher Said: “The problem with socialism is, sooner or later you run out of other people’s mon… http://t.co/f14OPQwl9p

  7. ophidianpilot
    June 9th, 2014 @ 10:53 am

    Like Margaret Thatcher Said…
    #tcot #pjnet http://t.co/0encoRBe0p via @rsmccain

  8. rsmccain
    June 9th, 2014 @ 10:55 am

    RT @commonpatriot: via @rsmccain: Like Margaret Thatcher Said http://t.co/hGIjA7PO9A #tcot

  9. Venezuela: ¿Cómo se Socialismo funcionando para ti? | Batshit Crazy News
    June 9th, 2014 @ 11:02 am

    […] TOM: Like what Margaret Thatcher said: […]

  10. Evi L. Bloggerlady
    June 9th, 2014 @ 11:09 am

    Typically South American leftists don’t quote Margaret Thatcher, but they should. But then they wouldn’t be leftists (although they probably would be happier).

  11. Dana
    June 9th, 2014 @ 12:33 pm

    Give props to Hugo Chavez: not just anyone can take a major petroleum exporting nation and turn it into Venezuela!

  12. Defining the Mission: Bush’s Great PC Failure | Regular Right Guy
    June 9th, 2014 @ 1:19 pm

    […] Like Margaret Thatcher Said […]

  13. Adjoran
    June 9th, 2014 @ 4:10 pm

    All those poor people who kept Chavez in office (until he had enough power to make sure of it) can rest assured. .

    They may stand in line and be rationed for water, milk, flour, and toilet paper, but at least the Glorious Leadership still lives in luxury as they attempt to match the $2 billion “estate” Chavez left.

  14. Quartermaster
    June 9th, 2014 @ 4:12 pm

    And Hugo Chavez could be reached, but declined to comment.

  15. Adjoran
    June 9th, 2014 @ 4:12 pm

    He was a genius, all right. Came into office on a military salary, and saved enough to leave a $2 billion estate behind.

    Now that is some shrewd investing! Too bad he didn’t manage the state’s finances as well as he did his own.

  16. thatMrGguy
    June 9th, 2014 @ 6:10 pm

    Like Margaret Thatcher Said http://t.co/524H34y19S

  17. Dana
    June 9th, 2014 @ 6:48 pm

    What, he has cell phone service in Hell?

  18. Bob Belvedere
    June 9th, 2014 @ 8:18 pm

    Regarding his luck with investing: I hear he got advice from Hillary back in the 90’s.

  19. Venezuela Is Running Out Of Drinking Water | The Lonely Conservative
    June 9th, 2014 @ 9:13 pm

    […] The Other McCain and Instapundit, who noted that with socialism the promises in the beginning are always the same, […]

  20. Adjoran
    June 10th, 2014 @ 12:44 am

    Well, there is a similarity. Hillary’s “luck” came by brokers illegally “parking” and “commingling” her investment until it could be switched out for the real money used for profitable trades.

    Chavez’ “parking” involved backing up trucks to the loading docks behind the major banks, and taking the national reserves for his own.

  21. Bob Belvedere
    June 10th, 2014 @ 7:21 am

    Well…since as Gertrude Stein said ‘*a rose is a rose is a rose is a rose*’, I would assume parking is parking is parking.

    Further, per Billy Shakes, parking by any other name would smell as rotten; it stinketh much liketh the Thames at low tide.

  22. Venezuela Is Running Out Of Drinking Water | Our Tyrannical Government
    June 10th, 2014 @ 2:06 pm

    […] The Other McCain and Instapundit, who noted that with socialism the promises in the beginning are always the same, […]