I try to keep this site focused on oil and other natural resources but once in a while I need to snark off. Luckily I know Venezuela pretty well, and its veins of snarkery make the Orinoco Belt and Las Cristinas look like minor deposits. However there are governments in the Americas even more snarkworthy. The latest carload from the Honduran snarkmine:
The Lobo government is complaining that a gift from Venezuela of $100 million to help in disaster preparedness was “diverted” for use in the presidency. Strange…I could have sworn that the Honduran presidency had a little emergency last year that may have required some civil defense money. No, no, not remembering. Must have been somewhere else.
Now mind you, it’s totally possible this was all a scam and the money was stolen. There are scams in Venezuelan foreign aid. Still, when you’re running a government that only exists because of a coup d’etat and now controls all of Honduras’s money, it’s a bit rich to complain that the old (elected) government may have spent some money in trying to turn back a coup. I mean maybe if you didn’t go couping all the time your government would have more time and money to deal with the real business of running a country, when the utterly predictable flooding shows up. Rant over, back to our usual oily selves.