Trump issues executive order targeting Venezuela

[Swordsmyth]

President Trump issued an executive order on Monday prohibiting people in the U.S. from carrying out certain financial transactions with the government of Venezuela.
The executive action prohibits “the purchase of any debt owed to the Government of Venezuela” and any debt owed to the country that is pledged as collateral.
It also prevents the government of Venezuela from liquidating assets it has a majority ownership of.
“Today’s executive order closes another avenue for corruption that we have observed being used,” a senior administration official told reporters on Monday.
The executive order comes one day after Venezuelan President Nicolás Maduro won a second term in an election Vice President Pence and other U.S. officials have called a sham.
“Venezuela’s election was a sham *— neither free nor fair. The illegitimate result of this fake process is a further blow to the proud democratic tradition of Venezuela,” Pence said in a statement earlier on Monday.
Secretary of State Mike Pompeo said in a tweet on Sunday that the Venezuelan “sham elections change nothing.”
Sunday’s election saw significantly low turnout, with more than half of voters not casting ballots.

More at: http://thehill.com/homenews/administ...&utm_content=1

[goldenequity]

President Trump issued an executive order on Monday prohibiting people in the U.S. from carrying out certain financial transactions with the government of Venezuela.
The executive action prohibits “the purchase of any debt owed to the Government of Venezuela” and any debt owed to the country that is pledged as collateral.
It also prevents the government of Venezuela from liquidating assets it has a majority ownership of.
“Today’s executive order closes another avenue for corruption that we have observed being used,” a senior administration official told reporters on Monday.
The executive order comes one day after Venezuelan President Nicolás Maduro won a second term in an election Vice President Pence and other U.S. officials have called a sham.
“Venezuela’s election was a sham *— neither free nor fair. The illegitimate result of this fake process is a further blow to the proud democratic tradition of Venezuela,” Pence said in a statement earlier on Monday.
Secretary of State Mike Pompeo said in a tweet on Sunday that the Venezuelan “sham elections change nothing.”
Sunday’s election saw significantly low turnout, with more than half of voters not casting ballots.

More at: http://thehill.com/homenews/administ...&utm_content=1

Trump Bars Purchases Of Debt, Receivables Owed To Venezuela, PDVSA
https://www.zerohedge.com/news/2018-...enezuela-pdvsa

[juleswin]

But I am sure it is all socialism's fault that Venezuela is having economic problems. Not saying socialism doesn't play a role but if you or anything thinks what we are seeing in Venezuela is happening because they don't have free markets then I am Nigerian prince with millions confiscated by the govt that I would like to share with u if only you can help me pay the minimum taxes owed on it.

[Raginfridus]

sham elections change nothing

[nikcers]

I wonder what its like to go through a sham election, it must be an emotional rollercoaster when you aren't in on the joke, do people even get access to information like that in those types of countries?

[Swordsmyth]

But I am sure it is all socialism's fault that Venezuela is having economic problems. Not saying socialism doesn't play a role but if you or anything thinks what we are seeing in Venezuela is happening because they don't have free markets then I am Nigerian prince with millions confiscated by the govt that I would like to share with u if only you can help me pay the minimum taxes owed on it.

Any additional damage caused by outsiders is tiny compared to the self-inflicted damage from communism.