Prices In Venezuela

From the March 23, 2015 edition of Time Magazine:

The government controls prices for imported essentials such as food and medicine, and the following examples show the result:

Bag of dry dog food = $316

iPhone 5 = $14,127

Jar of instant coffee = $190

So much for lifting up the oppressed worker class!

Furthermore, the rate of inflation in Venezuela is 68%, and the rate of exchange is 6.3 bolivares to $1. The minimum wage at that rate is approximately $890/month.

Recent video posted by the BBC:

Please read THIS ARTICLE. Worth your time.

Beware of all who promise any version of an earthly utopia.  It is the Road to Serfdom.

Nincompoopery

(Weekend roundup post.   For the definition of nincompoop, see THIS in the Urban Dictionary. Commenters are encouraged to post links that tell of more nincompoopery)

Links to read (more possibly added as the weekend progresses):

IRS Deliberately Chose Not to Fess Up to Scandal Before Election

Report: Energy Dept. spent $11 million per green job

Here’s what kids will read under Common Core

Education department eliminates the terms 'mother' and 'father' in favor of less gender-specific 'parent 1' and 'parent 2'