Silver as an investment

Maduro Puts Military In Charge Of Venezuela’s Food, Calls It “Great Sovereign Supply Mission”

Venezuelans carrying groceries cross the Simón Bolívar bridge from Colombia

zerohedge.com / by Tyler Durden / Jul 13, 2016 4:23 PM

Every time we believe Venezuela has hit rock bottom, president Nicolas Maduro finds a way to surprise us. In the latest installment of Venezuela’s social collapse, we find that the president of the socialist utopia has put the armed forces in charge of a new food supply system aimed at alleviating crippling shortages, in the process ceding even more power to a military apparatus that is already involved in everything from banking to imports. According to some interpretations, this is merely the latest step in the military’s takeover of a government that has now lost virtually all support as well as authority to govern.

As WSJ reports, the head of the armed forces, Defense Minister Vladimir Padrino – who now becomes one of the most powerful people in the socialist government – will be in charge of transporting and distributing basic products, controlling prices and stimulating production, according to a decree published Tuesday in the official gazette.  “All the ministries, all the ministers, all the state institutions are at the service and in absolute subordination” to Padrino’s so-called Great Sovereign Supply Mission, Maduro said in a televised address Monday night.

READ MORE

The post Maduro Puts Military In Charge Of Venezuela’s Food, Calls It “Great Sovereign Supply Mission” appeared first on Silver For The People.