The Trump administration dealt its toughest blow yet to the authoritarian Venezuelan leader Nicolas Maduro, issuing new sanctions on the nation’s state-owned oil company PDVSA that effectively block his regime from exporting crude to the U.S. The move ratchets up pressure on Maduro to resign and cede power to National Assembly leader Juan Guaido by cutting off the regime from the market where it gets the bulk of its cash. The U.S. and other countries recognized Guaido last week as Venezuela’s rightful president, and he said Monday he would take control of Venezuelan accounts abroad and appoint new boards to PDVSA and its Houston-based subsidiary Citgo Petroleum. ...As of Monday, all PDVSA assets and property subject to U.S. jurisdiction are blocked, according to a Treasury statement, and U.S. citizens and companies are generally prohibited from doing business with the Venezuelan firm. The move is consistent with the Trump administration’s efforts to starve Maduro of oil money, while still blunting the potential impact on U.S. refiners and U.S. motorists, said Jim Lucier, managing director of Washington, D.C.-based Capital Alpha Partners. https://www.bloomberg.com/news/arti...s-venezuela-oil-company-pdvsa-rubio-announces Kudo's to Trump for helping hasten the demise of this socialist dictator. This is just the most recent reminder that socialism always leads to failure. Trumps tactics are not unlike those used by Reagan to hasten the demise of the soviet socialists.
There was so much promise when the lefties took power. Now there's just despair, heartache, and misery.
It was the wealthiest country in south America, where money flowed out of the ground. Alas, thats the inevitable consequence of socialism.
Maduro needs removed and jailed. But are you under the impression Juan Guaido is not a left leaning politician?
Trump does this and the lefties screech he is in bed with the Koch brothers and big oil. Trump does not do this and lefties squawk Trump is in bed with the "Russians".
He's also rightfully elected per chavez. And he's not killing people as they starve, as is the style with socialists.
At the very least, he is the duly elected leader of Venezuela. In this case, we are truly aiding the people and the state of Venezuela. Trump has my full approval to continue to conduct these operations until Maduro ceases to wield political power.
I wonder how American leftists feel about Trump using his foreign policy to hasten the demise of a socialist dictator.
I like how you take one incident and create a whole fantantic universe for Trump. This is not about Trump...or the American left. Venezuela has good quality crude oil. Comparable to the grade we import from the ME. Ineptness and corruption created the crises in Venezuela.... The Trump administration made the only sane move in regard to our oil imports and cash flow. We ...the US is a long way off any resolution on this crisis...and this is only the first step. I know there is so little to celebrate these days...but lets wait until the National Assembly gets the backing of all lawmakers and courts and can ...by rule of law oust Maduro.
The fact remains Trump is using what he can to oust the failed socialist Maduro. Its not for us to resolve but the venezuelans. We will just look out for our best interests. And as far as socialism...
Bolton warns Venezuelan dictator Maduro he's looking at ... Gitmo ...and it's struck terror in the heart of the brutal socialist dictator.
Love it. He should get a free helicopter ride over to gitmo. If the door of that helicopter were to open, it would be a shame if someone fell out.
Falling out of a helicopter? That was "Scarface". Any more movie references? Trump seems to have "Sicario" committed to long-term memory.