Clearly, socialism has triumphed over capitalism once again!

Venezuela begins 2010 with electricity rationing

Oil-rich Venezuela ushered in 2010 with new measures rationing electricity use in malls, businesses and billboards, as Hugo Chavez's government aimed to save power amid a crippling drought...

...Venezuela is flush with oil -- the country's primary export -- and natural gas, but relies mainly on hydroelectric generation to meet domestic energy demand.

So they have plenty of resources available that could diversify the production element of their power grid, but what are the chances of that when private capital won't come near your socialist paradise, particularly when you have to pump that oil to sell abroad? Wait... wasn't the whole point of the "revolution" to reclaim "the people's resources" from "foreign exploitation"?

This line is choice:

Introductory measures were evident in Caracas last month, with the neon signs that traditionally welcome Christmas left unlit.

Socialism is so great! We should all live this way!

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