The gunfire on the streets near my hotel started around 9pm last night. The sound is unmistakable, especially at night on an otherwise quiet city street. I had recently returned to the hotel after a few evening meetings. And coming back after dark it was as if they had rolled the sidewalks up — restaurants with […]
Once South America’s richest country, Venezuela implemented a socialist agenda. Now people are starving to death. Venezuela’s inflation, estimated by the International Monetary Fund to reach 720% in 2017, is the highest in the world. The economy has shrunk 27% since 2013, according to local investment bank Torino Capital; imports of food have plummeted 70%. […]
By Michael Snyder The full-blown economic collapse that is happening in Venezuela right now is a preview of what Americans will be experiencing in the not too distant future. Just a few years ago, most Venezuelans could never have imagined that food shortages would become so severe that people would literally hunt dogs and cats […]
After years of progressive leftism in Venezuela it is self imploding. With some of the largest proven oil reserves in the world and they’re still broke. I wonder how South Korea manages to provide everyone with food, clothing, and shelter, not to mention both toilet paper AND cutting-edge cell phone service, seeing as their only natural […]
From Powerline: Hugo Chavez, deceased President of Venezuela, is still revered on the international left. Chavez was a vicious socialist: The rich are evil! The rich are lazy! Confiscate their money! Now we know what he did with it. Diario las Americas, as translated and reported by the Daily Mail, says that Chavez’s daughter Maria […]
Thousands of supporters and opponents of Venezuela’s socialist government have taken to the streets this past week. Initiated by student groups, the protestors are voicing their grievances against soaring crime rates, high inflation, a shortage of basic goods, and a lack of political and economic freedom. All the while, the Obama Administration has been relatively […]
Black Friday has come and gone in the United States. As you’re surely aware, millions of shoppers are spent the day after Thanksgiving pouring into stores searching for bargains. True to the nature of capitalism, that’s good for the buyers and good for the sellers as well. In Venezuela, a black Friday already happened this […]
Public Address/ZUMA Press/Newscom On this day 30 years ago, the Reagan Administration launched the successful liberation of the tiny Caribbean island of Grenada. The military action was prompted by the coup and assassination of Grenada’s prime minister by Soviet- and Cuban-supported factions in his administration. A former British colony, Grenada had only recently gained independence […]
The Hong Kong government announced that it had allowed the former National Security Agency contractor to depart its territory, The New York Times reports. Snowden, 29, was the whistleblower exposing the United States government surveillance of internet and telephone communications around the world. He has as been charged with espionage, theft and conversion of government property Snowden […]
MICHAEL REYNOLDS/EPA/Newscom On the margins of the general assembly of the Organization of American States in Guatemala, Secretary of State John Kerry met with Venezuela’s foreign minister, Elias Jaua, representing the democratically challenged and crisis-prone government of Nicolas Maduro, handpicked successor of the late Hugo Chavez and self-proclaimed victor of the April 14 presidential elections. […]
