They’ll always have the Bolivar

U.S. freezes accounts of Miami money-launderer, cuts off Venezuela’s source of black market dollars. Trouble is, it seems nobody in Venezuela, including its nationalized oil industry, likes the “Strong Bolivar” Chavez has introduced. No dollars means the country’s economic system will have to run on a currency worth less than a plate of refried beans. Too bad.

By the way, assuming that this Justice Department move started before January 21st, this salutary move comes courtesy of that befuddled cowboy, now retired to Texas. Thank you, Mr. President.

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