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Originally Posted by ubertuber
I'd say it's the plank in your eye.
I'm not trying to single you out, Ace, but in my experience, both sides think the other is illogical and full of contradictions.
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My response to points made by Host are:
* Price of oil is and has been at record levels for the past few years.
*Venezuela exports over 2 million barrels of oil per day.
*I don't dispute economic conditions in Venezuela have improved.
*I point out long-term capital investments needed in order for Venezuela to sustain economic growth.
*I point out that current conditions are not conducive for private investment due to Chavez's economic policies. A position supported by a study done by the World Economic Forum.
*I point out the long-term relationship Venezuala has with the US. How there has been favorable tax treatment for above market pricing.
*I point out the irony of a guy with a socialist agenda in his country is in bed with a capitalist country like the US, and how the US market is in part responsible for the economic gains in his country.
*I point out that economic policies have long tails.
I do all of this, and what do I get back?
That I think they are "bad people".
That I did not comment on the US economic issues.
That I side with the Venezuelan elite.
That the US economy is worse than the Venezuelan economy.
O.k.
