Story here from Breitbart. (H/T ECM)
The new regulations came into effect January 1, with businesses required to comply with reduced consumption limits and authorities warning of forced power cuts and rate hikes if the measures are not followed.
[…]The power crunch is expected to have an impact on a wide variety of businesses, including cinemas, casinos and bingo halls.
Establishments failing to comply with the measures could face outages for a period of 24 hours, and up to 72-hour suspensions “in case of recidivism,” according to the decree.
The regulation also orders businesses to institute savings plans aimed at shedding consumption by at least 20 percent, a measure that will be evaluated monthly by the newly-created ministry of electricity.
Tariff surcharges of up to 20 percent could be imposed on violators.
Rationing is also to apply to lighted advertisements.
[…]In 2009 there were four nationwide blackouts, with daily failures common in several cities.
Communism produces economic decline by encouraging entrepreneurs to flee or to stop producing, since the state views what these producers produce as something to be seized and distributed to buy votes. If no one wants to start any businesses, then there won’t be any jobs for the people. People end up depending on the state for bread, with all that that entails. The left wants equality of life outcome regardless of choices, (except for themselves).
I don’t see any difference between the intelligence and policies of Hugo Chavez and Barack Obama. Hugo is just further along the road to serfdom, in my opinion. Obama just has more capitalism and Judeo-Christian morality to undo. After Obama passes government-controlled rationing of health care, he’ll probably move on to government-controlled rationing of energy. By then, Chavez should be rationing births, housing, food and water.