Venezuela Is Running Out of Toilet Paper
By
Raul Gallegos
Sep 27, 2013 3:18 PM PT
Venezuela's government is known for its state-must-do-it-all mindset,
inherited from late President Hugo Chavez and his radical followers,
known as Chavistas. But late last week, the notoriously inefficient
government went above and beyond to shine its populist credentials: It
stepped right into Venezuelan bathrooms.
On Sept. 20, President Nicolas Maduro and a new economic panel ordered national price regulator Sundecop to “temporarily” seize plants owned by Manufacturas de Papel CA, or Manpa, the company that supplies 40 percent of the country’s demand for toilet paper and personal-care paper goods. Their reasoning? To oversee production, because consumers can't seem to find enough rolls of toilet paper.
Full story here....
On Sept. 20, President Nicolas Maduro and a new economic panel ordered national price regulator Sundecop to “temporarily” seize plants owned by Manufacturas de Papel CA, or Manpa, the company that supplies 40 percent of the country’s demand for toilet paper and personal-care paper goods. Their reasoning? To oversee production, because consumers can't seem to find enough rolls of toilet paper.
Full story here....
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