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The Great Sellout: Venezuela Bends the Knee for a Dollar

Buck Valor
Written by
Buck ValorPersiflating Non-Journalist
Friday, January 30, 2026
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A gritty, high-contrast illustration of a decaying oil rig in Venezuela, with a rusty Venezuelan flag tangled with a pristine American dollar sign, executed in a dark, cynical comic book style.

So, here we are. Another day, another massive betrayal of everything politicians claim to believe in. Look at Venezuela. For years, all we heard was how evil the United States is. They stood on stages and screamed about "imperialism." They told their people that foreign companies were the devil. They nationalized the oil because it belonged to "the people." That was the script. They shouted it until they were blue in the face.

Well, guess what? The script just went into the trash. The people running the show in Caracas just decided that money is actually more important than their so-called principles. They are broke. They are desperate. And when politicians get desperate, they do what they always do. They sell out.

Lawmakers in Venezuela just approved a huge change to their oil laws. And let me tell you, it is not a small change. It is a complete surrender. They are practically begging foreign oil companies to come back. They are rolling out the red carpet. They are promising to give these companies more control. They are even opening the door to slash the taxes these companies pay.

Think about that for a second. The government that built its entire brand on hating American capitalism is now cutting taxes for American capitalists. You cannot make this stuff up. It is a joke.

But don't think the other side is any better. Oh no. Let’s look at the United States' role in this circus. The Trump administration put the squeeze on Venezuela. They used sanctions. They pushed and pushed. They told us it was about "democracy." They told us it was about "freedom" for the Venezuelan people. They acted like they were the good guys fighting a moral crusade.

Is that what happened? Did the pressure result in freedom? Did it result in a new, happy democracy? No. It resulted in a business deal. The pressure worked, but not for the people. It worked for the oil sector. The goal wasn't to save anyone. The goal was to break the other guy until he signed the contract.

It is all just a game of power and money. The leadership in Venezuela doesn't care about the "Revolution." If they did, they wouldn't be handing over the keys to the very people they call enemies. They just want to stay in power. They need cash to keep the lights on and the army paid. So, they throw their ideology out the window.

And the folks in Washington? They don't care who runs the place as long as the oil flows and the terms are good. As soon as the laws change to favor foreign business, watch how the tone shifts. Watch how the outrage starts to quiet down.

This is why I hate politics. It is all fake. The Left loved to praise Venezuela as a paradise before it collapsed. Now that the "paradise" is begging for corporate bailouts, the Left is silent. The Right loves to scream about how socialism fails. But they are perfectly happy to do business with those failing socialists as soon as the tax rate drops.

Nobody wins here except the guys in the suits. The regular person in Venezuela? They are still hungry. The regular person in the US? They are still watching their leaders play risk with global markets.

The new legislation is clear. It creates "joint ventures." That is a fancy way of saying the foreign companies get to run the show again. It allows the government to lower royalty payments. That means the country gets less money for its own resources, just so the foreign companies can make a bigger profit.

It is a total reversal. It proves that all that talk about national pride was just hot air. When the bank account hits zero, pride vanishes.

We are watching a fire sale. A country is being parted out and sold off because its leaders were too incompetent to run it, and the sharks circling the water were patient enough to wait for the collapse.

It is pathetic. It is cynical. And it is exactly what I expect from humanity at this point. No heroes. No villains. Just a bunch of greedy people arguing over the price of a barrel of oil while the world burns around them.

This story is an interpreted work of social commentary based on real events. Source: NY Times

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