I have a friend whose in-laws are Venezualans. They are trying to leave, but barriers to leaving have been implemented by Chavez. THe people in the best position are the ones who started moving their money out of Venezuala many years ago. The story on how Chavez got power is instructive for us in the U.S. Venezuala was better off than the neighboring countries. Over time sufficient numbers of the poor from the neighboring countries moved into Venezuala. The newcomers provided the margin the native socialists needed to vote in Chavez.
It seems to me that we have a similar situation here in the U.S. Lots of poor people from South of the border are pouring into the U.S. Our politicians are working to give those illegal immigrants the vote. Mexicans wrting editorials in the Ft. Worth Star Telegram are chortling about how they are going to take over Texas by 2030. If they do, we will be on the road to socialism. I won't be alive by then so it won't affect me, but I would like for my Children and Grand Children to enjoy economic freedom.
Not much was said about it in the MSM at the time, but back in 1993 when Hillary was working on implementing socialized medicine in the U.S. there was discussion about the need to implement capital controls to prevent people from taking their assets out of the country. If Hillary is elected President, it will be prudent to start moving funds off shore. Guys like Ted Kennedy already have there money off shore. (In his case, I've heard it is in Fiji. That sounds risky to me.)
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