In an article by CNN, the plight of Venezuelans is made clear, to include the shortage of basic medicine and medical supplies, lack of food and common toiletries, and money. However, the article did not point out that socialist policies under Nicolas Maduro were to blame, by name. However, the article did not call the policies […]
Once an example of South American democracy and economic success, due to the democratic freedoms its citizens once enjoyed along with the oil riches of the country, Venezuela is now staring at an exodus of its people to the U.S. For the first time ever, the number of Venezuelans applying for asylum in America topped […]
The socialist Venezuelan government-owned oil firm, Citgo, donated $500,000 to help cover the costs of President Donald Trump’s inauguration. It called Venezuela’s spending into question under Nicolas Maduro, Hugo Chavez’s protege, as people are starving and the country’s cash reserves are dwindling quickly.
Venezuela’s socialist government has whittled down the country’s cash reserves from $20 billion down to $10 billion this year, while it needs $6 billion to pay off its debt. If Venezuela cannot pay them off, scarce resources like food will become even more scarce. Looks like socialism in Venezuela under Hugo Chavez’s protege, Nicolas Maduro, is […]
Apparently, bakers are now in the crosshairs of the socialist Venezuelan government headed by Nicolas Maduro. Per Legal Insurrection, four bakers were arrested for not using wheat in baking regular bread and their union is demanding a meeting with Maduro to tell him why his demands are tough for bakers (and to free the bakers).
Venezuela, once a democratic government and stable economic power, is now facing a steep economic decline thanks to the socialist policies of Nicolas Maduro. Their foreign cash reserves has now withheld down to $10 billion.
Socialism doesn’t work, as Venezuela is demonstrating: President Nicolas Maduro hiked the minimum wage another 50% on Sunday, the fifth increase in the past year. That sounds like a big raise, but it pales in comparison with the dizzying increases in prices that have made food too expensive for many Venezuelans. Inflation is expected to surge to […]
Wonder if Bernie Sanders supporters acknowledge the problems facing modern socialist countries like Venezuela: Give government control over things such as energy and food and see shortages and rations take place. As Venezuela’s economic crunch worsens, food shortages and rising poverty are forcing once middle-class Venezuelans to do the unthinkable: let their pets starve or […]
Why did ABC News and NBC News run articles on a massive recall election protest in socialist Venezuela, but not CNN or CBS News on their homepages? ABC News noted that Venezuela barred foreign media from entering the country this week and NBC News noted that opposition protesters endured two hours of waiting at a police […]