Sunday, September 22, 2013

Toilet Paper Factory Takeover

Venezuela orders temporary takeover of toilet paper factory

Let's see if we can't get to the bottom of this.

Sorry, just couldn't resist.

Of course socialist Venezuelan President Maduro automatic reaction is to blame factory owners.  I often wonder about socialists so locked on to their ideology actually can't comprehend how their policies failed.  Looks like there is something about the concept of supply and demand which escapes them.

 A Venezuelan state agency on Friday ordered the temporary takeover of a factory that produces toilet paper in what it called an effort to ensure consistent supplies after embarrassing shortages earlier this year.
Critics of President Nicolas Maduro say the nagging shortages of products ranging from bathroom tissue to milk are a sign his socialist government's rigid price and currency controls are failing. They have also used the situation to poke fun at his administration on social media networks.

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