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	<title>Comments on: With Comptroller Russian in denial, corruption goes into the billions of dollars</title>
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	<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/</link>
	<description>Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil&#039;s excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.</description>
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		<title>By: sandra</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-15615</link>
		<dc:creator><![CDATA[sandra]]></dc:creator>
		<pubDate>Tue, 01 Feb 2011 03:18:35 +0000</pubDate>
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		<description><![CDATA[http://www.forbes.com/2010/08/17/venezuela-helmerich-oil-intelligent-investing-chavez_2.html]]></description>
		<content:encoded><![CDATA[<p><a href="http://www.forbes.com/2010/08/17/venezuela-helmerich-oil-intelligent-investing-chavez_2.html" rel="nofollow">http://www.forbes.com/2010/08/17/venezuela-helmerich-oil-intelligent-investing-chavez_2.html</a></p>
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		<title>By: sandra</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-15614</link>
		<dc:creator><![CDATA[sandra]]></dc:creator>
		<pubDate>Tue, 01 Feb 2011 03:18:10 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=7530#comment-15614</guid>
		<description><![CDATA[http://vivavenezuelalibre.blogspot.com/2009/11/ricardo-fernandez-barrueco-esta.html]]></description>
		<content:encoded><![CDATA[<p><a href="http://vivavenezuelalibre.blogspot.com/2009/11/ricardo-fernandez-barrueco-esta.html" rel="nofollow">http://vivavenezuelalibre.blogspot.com/2009/11/ricardo-fernandez-barrueco-esta.html</a></p>
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		<title>By: sandra</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-15613</link>
		<dc:creator><![CDATA[sandra]]></dc:creator>
		<pubDate>Tue, 01 Feb 2011 03:17:40 +0000</pubDate>
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		<description><![CDATA[http://elpalomo.info/2010/09/el-universal-excluse-with-ricardo-fernandez-barrueco/]]></description>
		<content:encoded><![CDATA[<p><a href="http://elpalomo.info/2010/09/el-universal-excluse-with-ricardo-fernandez-barrueco/" rel="nofollow">http://elpalomo.info/2010/09/el-universal-excluse-with-ricardo-fernandez-barrueco/</a></p>
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		<title>By: sandra</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-15612</link>
		<dc:creator><![CDATA[sandra]]></dc:creator>
		<pubDate>Tue, 01 Feb 2011 03:16:44 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=7530#comment-15612</guid>
		<description><![CDATA[http://www.elreservado.es/news/view/220-noticias-espias/855-la-extrana-dependencia-entre-chavez-y-los-hermanos-castro]]></description>
		<content:encoded><![CDATA[<p><a href="http://www.elreservado.es/news/view/220-noticias-espias/855-la-extrana-dependencia-entre-chavez-y-los-hermanos-castro" rel="nofollow">http://www.elreservado.es/news/view/220-noticias-espias/855-la-extrana-dependencia-entre-chavez-y-los-hermanos-castro</a></p>
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		<title>By: sandra</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-15611</link>
		<dc:creator><![CDATA[sandra]]></dc:creator>
		<pubDate>Tue, 01 Feb 2011 03:16:24 +0000</pubDate>
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		<description><![CDATA[http://www.elpais.com/articulo/internacional/Cable/inteligencia/cubana/gobierno/Venezuela/elpepuint/20101130elpepuint_35/Tes]]></description>
		<content:encoded><![CDATA[<p><a href="http://www.elpais.com/articulo/internacional/Cable/inteligencia/cubana/gobierno/Venezuela/elpepuint/20101130elpepuint_35/Tes" rel="nofollow">http://www.elpais.com/articulo/internacional/Cable/inteligencia/cubana/gobierno/Venezuela/elpepuint/20101130elpepuint_35/Tes</a></p>
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		<title>By: Official Russia &#124; Statement: Former Political Prisoner Cedeño Takes on Misinformation of Chávez</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-3876</link>
		<dc:creator><![CDATA[Official Russia &#124; Statement: Former Political Prisoner Cedeño Takes on Misinformation of Chávez]]></dc:creator>
		<pubDate>Sun, 27 Dec 2009 06:02:08 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=7530#comment-3876</guid>
		<description><![CDATA[[...] wrap Eligio&#8217;s saga into the story of the other imprisoned bankers (such as the billionaire Ricardo Fernandez Barrueco), the exprorpriations, and the announcement that Hugo intends to found a new state-owned mega-bank [...]]]></description>
		<content:encoded><![CDATA[<p>[...] wrap Eligio&#8217;s saga into the story of the other imprisoned bankers (such as the billionaire Ricardo Fernandez Barrueco), the exprorpriations, and the announcement that Hugo intends to found a new state-owned mega-bank [...]</p>
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		<title>By: juan</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-3772</link>
		<dc:creator><![CDATA[juan]]></dc:creator>
		<pubDate>Mon, 21 Dec 2009 20:51:27 +0000</pubDate>
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		<description><![CDATA[The Africanitation of Venezuela is going full speed ahead.  What a crazy country, so depressing....]]></description>
		<content:encoded><![CDATA[<p>The Africanitation of Venezuela is going full speed ahead.  What a crazy country, so depressing&#8230;.</p>
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		<title>By: James</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-3768</link>
		<dc:creator><![CDATA[James]]></dc:creator>
		<pubDate>Mon, 21 Dec 2009 15:02:44 +0000</pubDate>
		<guid isPermaLink="false">http://devilsexcrement.com/?p=7530#comment-3768</guid>
		<description><![CDATA[Thanks for this post - the comparison in growth in remarkable.  This kind of corruption would be inspirational in scope to somebody like James Ibori or even Nursultan Nazarbayev.

But behind Fernandez Barrueco&#039;s banking empire, what do we have?  How is it that so many hands got dirty enough that no institution of state ever became an obstacle?

My assumption, unproven like most of my theories, is that Chavez stays in power through the world&#039;s most kick-ass retirement program for all senior staff, generated mostly by CADIVI, and then laundered through somebody like Fer-Bar&#039;s banking shell system and deposited abroad.

When the Chavez experiment runs out of gas, I think we are going to see that the real revolution was the transfer of state wealth into private hands and taken out of the country.  The world would be such a better place if the most corrupt people would have the decency to spend and invest their stolen money back into the country took it from.]]></description>
		<content:encoded><![CDATA[<p>Thanks for this post &#8211; the comparison in growth in remarkable.  This kind of corruption would be inspirational in scope to somebody like James Ibori or even Nursultan Nazarbayev.</p>
<p>But behind Fernandez Barrueco&#8217;s banking empire, what do we have?  How is it that so many hands got dirty enough that no institution of state ever became an obstacle?</p>
<p>My assumption, unproven like most of my theories, is that Chavez stays in power through the world&#8217;s most kick-ass retirement program for all senior staff, generated mostly by CADIVI, and then laundered through somebody like Fer-Bar&#8217;s banking shell system and deposited abroad.</p>
<p>When the Chavez experiment runs out of gas, I think we are going to see that the real revolution was the transfer of state wealth into private hands and taken out of the country.  The world would be such a better place if the most corrupt people would have the decency to spend and invest their stolen money back into the country took it from.</p>
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		<title>By: moctavio</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-3745</link>
		<dc:creator><![CDATA[moctavio]]></dc:creator>
		<pubDate>Sun, 20 Dec 2009 04:34:44 +0000</pubDate>
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		<description><![CDATA[Bob: I can&#039;t drop the copies, but it is in Spanish here:

http://exdiablo.com/2009/12/18/mientras-el-contralor-esta-en-estado-de-negacion-la-corrupcion-llega-a-millardos-de-dolares/]]></description>
		<content:encoded><![CDATA[<p>Bob: I can&#8217;t drop the copies, but it is in Spanish here:</p>
<p><a href="http://exdiablo.com/2009/12/18/mientras-el-contralor-esta-en-estado-de-negacion-la-corrupcion-llega-a-millardos-de-dolares/" rel="nofollow">http://exdiablo.com/2009/12/18/mientras-el-contralor-esta-en-estado-de-negacion-la-corrupcion-llega-a-millardos-de-dolares/</a></p>
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		<title>By: Bob Taylor</title>
		<link>http://devilsexcrement.com/2009/12/17/with-comptroller-russian-in-denial-corruption-goes-into-the-billions-of-dollars/#comment-3743</link>
		<dc:creator><![CDATA[Bob Taylor]]></dc:creator>
		<pubDate>Sun, 20 Dec 2009 04:16:58 +0000</pubDate>
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		<description><![CDATA[Why can´t this fantastic article be translated into Spanish with thousands of copies dropped all over towns so these ignorant red monkeys start to understand what is happening..
Maybe they can´t read though.
Touring cars with loudspeakers would be attacked...
By the way Where is the opposition President with charisma who is going to challenge Chavez ????]]></description>
		<content:encoded><![CDATA[<p>Why can´t this fantastic article be translated into Spanish with thousands of copies dropped all over towns so these ignorant red monkeys start to understand what is happening..<br />
Maybe they can´t read though.<br />
Touring cars with loudspeakers would be attacked&#8230;<br />
By the way Where is the opposition President with charisma who is going to challenge Chavez ????</p>
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