David Smilde translates Luis Vicente Leon's comments on potential Venezuela sanctions from a WOLA (Washington Office on Latin America) event. If you want a really good, concise argument about why they are a bad idea, then you've got it.
Using poll data, he shows that Venezuelans see the sanctions as an excuse for the United States to meddle and force regime change. Leon sees the sanctions stemming in large part from legitimate concerns mixed with a typical election-year gimmick in anti-Chavista Florida districts, but Venezuelans are understandably suspicious of U.S. motives.
The money quote:
Taking the individual route of Big Brother usually ends up being a Big Mistake, or as Marino Alvarado of Provea says, an own goal from midfield.
This sentiment is exactly the same as the post I wrote about President Obama's approach to foreign policy, which involves a credo of "don't do stupid shit." Unfortunately, for a variety of reasons the chances are good we will.