This is way beyond winning, this is stunningly brilliant strategy. Not only has President Trump successfully apprehended Venezuela dictator Nicolas Maduro, but the remaining interim government officials have acquiesced to fund a civil restitution plan to pay for their malfeasance.
The government that stole from its people is being forced to pay restitution for their own fraud, abuse and misconduct.
[SOURCE]
As we noted yesterday the immediate issue for Venezuela would be to fill the economic/financial void.
The Sea Island attendees support a quick Machado installation. Trump/Rubio prefer to proceed with more caution, especially because someone is going to be on the hook for financial support to Venezuela, because the domestic rewards from any expanded oil revenue are at least 5 to 10 years away.
Changing the regime in Venezuela may break China’s ‘belt and road’ grip, but China’s money is going to need to be replaced with independent domestic economic wealth for the Venezuelan people. That process takes time. [link]
Some type of short-term funding is needed during any kind of reconstruction of govt. Typically, the U.S. taxpayer would be on the hook during this phase; however, President Trump has found a way for the corrupt Venezuelan authorities to pay for their own civic shift back to democracy. Brilliant.
The 30 to 50 million barrels of oil is approximately a $2 billion self-created reconstruction effort.
Compare and contrast this approach with the trillions of U.S. taxpayer funds that were used in the failed efforts in Iraq, Afghanistan, Libya, Syria, etcetera…. or even Kuwait, albeit the Kuwaiti’s offered, but prior U.S. leadership chose influence over restitution.
In this example, almost immediately the funds now in the control of President Trump can be deployed to the greater benefit of the Venezuelan people.
Another way to look at this is like a type of ‘sovereign wealth fund’ created by the corrupt Venezuelan officials, using the resources that belong to the Venezuelan people, to support the interim needs of the same citizens they victimized.
Well done President Trump and Secretary Rubio!
The three large Citgo (Venezuelan) refineries in the US refine heavy sour crude. The two on the Gulf Coast are there specifically to handle crude from Venezuela. The one in Illinois takes about half of its feedstock from tar sands. Venezuelan crude oil already comes to the United States in the normal course of business.
This sounds like Trump has appointed himself trustee over the royalties derived from sales of Venezuelan crude to the refineries rather than having the royalty revenue flow back to the usual payee. The intervention here is likely all financial and nothing physical.
The sale of Citgo assets to hedge fund Elliot Investment Management was approved by the courts last month. But these aren’t the only refineries that can handle the crude on the gulf coast. Remains to be seen how much capacity is available and what the impact is on other crudes such as Permian Basin prices.
Sounds great! So another Billion the average American HAS NOT SEEN YET!. If YOU control it the YOU should put your money where your mouth is, with due respect Mr. President. The Golden Age must be GREAT for you and The Rich.
At least we got money from the crooks…HAHA. Seriuosly. You missed your chance to show the little people you actually care. Or else we would have 50k minimum in at least and IRA one off! Plus the price of housing freeze fopr 5 years. Thats real comntrol.
At this point you really should take all the m,oney your getting to build your AI Empire in our f…back yards and pass some cool cash our way.
Say 75k for each (verifiable working class,under 100k over taxed for 40 year, tax payers. Clear cut.
Then maybe we can bare you bragging some more. Till then I will continue to be greatful that we aren’t yet completly controlled, that you have at least took the time to do the bare minimums. Though we wonder if your just telling enough truth to pass off the big lie.
Anyway. Just sick over your bragging while NOTHING IN our little world USA changes. Oh and things not getting worse…BS excuse. We are 50 years behind. Thank God for his eteranl rewards, even if we don’t get to enjoy the ride here. Love, peace and realism to all who read. Jesus our God help us love!
Weird post.
Agreed. Sounds like some low IQ person who never learned to use apostrophes and homonyms, let alone spell common words.
Typical.
The guys been in office just a year, and I’m pretty amazed at what he’s accomplished already. Others want him to be king, others just call him that.
In comparison with other POTUS in my lifetime, remarkable.
Maybe try injecting some reason into your criticism.
What the hell are you raving about? Trump has done everything so far the we elected him to do. The job isn’t finished but very little of what you wrote makes any sense vs the facts on the ground (although Jesus is our Lord and Savior!)
And what he’s doing on the world stage is truly historic – focusing on our role in the Western Hemisphere has already made the world a safer place, with tyrannies around the world collapsing. While the fooling Obama literally flew pallets of cash to the murderous Islamo-Fascist thugs in Oran, Trump is choking them to death and supporting a popular uprising to end the most despicably evil pariah regime on Earth. Venezuela now has a chance at reclaiming their status as one of the wealthiest countries on Earth, to the great benefit of its people who wont have to eat zoo animals and pets to stay alive.
He’s closed our border and is at the beginning of the process of removing the illegal aliens who have been draining our country dry and hopefully a significant portion of the likely 55-65 million illegals in our country will have departed, making life far more affordable, safer and generally easier for all Americans. (Note: an “illegal alien ‘strike’” in LA about 10 years ago saw empty freeways, empty emergency rooms, and normal-zed classrooms – at least for a day.
“Get your $ for Nothing, and your Kicks for Free!”
Kudos, President Trump,…. GWB spent years and wasted $ trillions of USD in Afghan and Iraq,… and BP got the Iraq oil concessions, Not the USA.
PDJ Trump arrests Thug Dictator Maduro after he refuses the easy way out,…, avoids a war and gets control of Venezuela’s Oil/Gas for USA Oil Companies to develop,…. and He controls the sales and dismemberment of funds from same to the people of Venezuela and the USA.
These revenues will also constitute reimbursement for the $ Billions Chavez stole from USA Oil companies when he Nationalized (stole) their facilities/operations, in 2007. Without these US companies, Venezuela would have no oil/gas development and revenues.
USA Gulf Coast refineries will now get the new Venezuela oil and jobs biz, and that now puts Canadian oil exports to USA on the square that improve our trade negotiations position with Oh Canada!
“Outstanding!” MORE WINNING, Please!
This article is being boasted by Darren Beattie’s Revover.News website.
Good Job ! Sundance
Thumbs up!
I think and hope that DJT will be the best ever president for our country!
I fear,however,that any honorable people installed by DJT may be in physical danger in Venezuela!
God bless and protect DJT!
A participating oil company buy-in with some future incentive could produce funds for that pretty quickly.
MAGA FABULOUS!!
👊👊❤️❤️🙏🏻🙏🏻🇺🇸🇺🇸
OMG after nearly 10+ years …
I’m starting to disagree with what I’m reading here!
I’m an Australian and I find this direction to be quite repellent!
Yeah! I’ll even listen to replies!
But IMHO this doesn’t look like any “Democracy” I’d recognise and I’m in the top 5 x years of my ’70’s!