U.S. Prepares Sanctions on Venezuela

March 24, 2014

“The full U.S. Congress has spoken loudly and clearly that we stand with the Venezuelan people as they exercise their fundamental rights, and we condemn the [President Nicolas] Maduro regime’s deadly wave of repression. Now it’s time for actions that name, shame and punish the Maduro regime’s murderers and thugs who are responsible for the crackdown against innocent Venezuelans."

This statement came from Republican Senator Marco Rubio on March 12 shortly after the Democrats and Republicans in the Senate Foreign Relations Committee unanimously passed a resolution "outlining the framework for legislative action on Venezuela." The next day Democratic congressman and chairman of the committee, Robert Menendez, introduced a bill which begins as follows:

(1) The Central Bank of Venezuela and the National Statistical Institute of Venezuela have stated that the inflation rate in Venezuela was 56.30 percent in 2013, the highest level of inflation in the Western Hemisphere and the third highest level of inflation in the world behind South Sudan and Syria.

(2) The Central Bank of Venezuela and the Government of Venezuela have imposed a series of currency controls that have exacerbated economic problems and, according to the World Economic Forum, have become the most problematic factor for doing business in Venezuela.

(3) The Central Bank of Venezuela and the National Statistical Institute of Venezuela have declared that the scarcity index of Venezuela reached 28 percent in December 2013, which signifies that one in 4 basic goods is unavailable at any given time.

According to this logic, "human rights" mean the "right" of U.S. imperialism to make demands on behalf of its financial and industrial monopolies.