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Un Manual Para Privatizar Todo

Interamerican Institute for Democracy Conferencia de Incorporación Oscar Garcia Mendoza Sobre “El Desconcierto Venezolano” Miami, Florida 7 Noviembre 2017 Venezuela es un tema agobiante. En años de prosperidad poco o nada se hablaba sobre ella. Señal que íbamos bien. Hoy no pasa un día sin que una noticia peor que

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Recommended Reading: Venezuela: Without Liberals, There Is No Liberalism

This article, written by Hugo J. Faria and Leonor Filardo gives a great explanation of Venezuela’s economic U-turn “from a growth miracle (1920–1957) to a growth disaster (1960 to the present).” Click to read the original article.

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La Patilla (2015) | The Dream Lives

My professional life has been in banking. Since the mid 1970s I worked at the Banco Venezolano de Crédito, Universal Bank and was its president from June 1983 to the date of my resignation in June of last year. The bank was founded in 1925. As an institution, it has

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La Patilla (2015) | Resignation

We have been enduring Venezuela’s tragedy for many years. This regime, (which is now a drug-trafficking dictatorship), even before it came to power, clearly showed its future colors. Two coups against a democracy and a populist, aggressive and resentful discourse provided the backdrop, But we let´s not look back in

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Noticerio Digital (2015) | We’ve arrived / 5. Restitution

During these last fifteen years, Venezuela has received vast amounts of money from oil. There is no doubt that the staying power of this regime is due to the oil income and the way it was squandered. Corruption is overwhelming. The nation has been looted. Much of the income has

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La Patilla (2015) | We’ve arrived / 4. Dolarization

Inflation is the most unfair of all taxes. It causes terrible damage to the economy and is particularly harmful to the less privileged citizens. It limits growth and the creation of wealth and is essentially preventable. The main cause of inflation is excessive money supply, and has always been. The

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La Patilla (2015) | We’ve arrived / 3. Privatization of all state enterprises

One of the many peculiar characteristics of Venezuela is that it is a nation in which the government does not depend on its citizens but rather the citizens depend on the government. Normally, governments must tax citizens in order to function because they are service institutions whose activities do not

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La Patilla (2015) | We’ve arrived / 2. Return to the Rule of Law

I graduated from the Andrés Bello Catholic University Law School in 1967. Although banking has been my vocation and profession, law is the foundation of my training. Every society is based on rules that enable citizens to live in peace, harmony and prosperity. The more developed and prosperous nations are

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