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Old 05-25-2016, 03:27 PM   #16
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Re: Venezula is dying

The fistful of cash is worth about $25.



http://www.zerohedge.com/news/2016-0...-venezuela-atm
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Old 05-27-2016, 02:33 PM   #17
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Re: Venezula is dying

What Would Ludwig von Mises Do In Venezuela?

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The crisis in Venezuela is the most modern illustration of the horrific consequences of socialism and the devastating reality of hyperinflation. What makes this disaster all the more infuriating is that it could have been avoided with a basic understanding of history. We’ve seen the disaster of socialism and interventionism in various forms play out across the world time and time again with similar results, and yet new generations of central planners — backed by ideologically aligned intellectuals — are consistently able to fool people into believing that “this time will be different.”

Ludwig von Mises himself lived through one of these historical episodes.

Following defeat in World War I, the Austro-Hungarian Empire was in a state of crisis. The Habsburg monarchy ended in 1918 and with it came the dissolution of the Empire. The German-speaking population formed what we now know as Austria, and the nation soon faced a severe economic crisis. The government, led by a coalition of Social Democrats, Christian Socialists, and a Nationalist Party, implemented an ambitious economic program of price controls, food subsidies, nationalization of industries, protectionism, and welfare — and funded it with a printing press.

The result was catastrophe, just as Mises predicted.

Faced with this unbearable reality, Mises used his position as chief economist of the Austrian Chamber of Commerce to push for a series of economic reforms. Given some similarities between today’s situation in Venezuela and the crisis that struck Austria, looking at Mises’s prescription from the past can illustrate a path to prosperity for Venezuela’s future...
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Old 05-27-2016, 02:53 PM   #18
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Re: Venezula is dying

"...it could have been avoided with a basic understanding of history."

And why do you think Tyrants suppress, pervert, and reconstruct by means of lies the lessons of history? Why do our government school teach all about LGBT "history" but nothing about the founding fathers?

There is no populace easier to be duped than one that is ignorant of the history of ideas and how they have worked out over the course of time in culture and nations.

The true teaching of history is being suppressed in the schools for this very reason.
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Old 06-21-2016, 05:16 PM   #19
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Re: Venezula is dying

Dumb Policymakers' Guide To Creating Starvation In 2016

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One of the great achievements of the human mind is having produced a solution to the single greatest challenge of life on earth: getting enough to eat. Shelter and clothing are no brainers by comparison. You find a cave, you snag a pelt, and you are good to go.

But finding food to eat is a daily issue for human beings, never finally solved. You need more than a stock of food; you need a system that produces a continual flow.

In 2016, we finally have such a system in place, one capable of supporting 7.4 billion people. It’s so robust at this point that the developed world has the opposite problem of obesity, which, in the course of social evolution, is a nice problem to have.

The creation of this system – which you can see on display at any grocery store in your own neighborhood – defied the expectations of legions of doubters in the 19th century. Population was booming beyond belief. How would they be fed? Most intellectuals couldn’t imagine how it could happen.

And yet it did. So complex, well developed, and productive is the global market for food that it turns out to be extremely hard to break the system.

To create starvation in 2016 requires extraordinary effort. It requires a comprehensive system of coercion that attacks all the institutions that make abundance possible: ownership, international trade, an adaptive price system, the right of commercial innovation.
Socialism Strikes Again

Such a system does exist, however. It goes by the name “socialism.” It is being tried today in a country that was once wealthy, comfortable, and civilized: a country with the largest oil reserves in the world...
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Old 06-22-2016, 01:20 PM   #20
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Re: Venezula is dying

"Sometimes people wonder why people like me are so passionate about free markets and all that they imply. In the end, it is about the quality of life on earth. Will we thrive or will we starve? This is what economics is about. And it is not an abstract problem.

Any country on earth is capable of creating starvation. You only need to follow the path of Venezuela. Attack property rights and trade, pillage the rich, abolish the price system, jail dissenters, crush the opposition, dismantle the system of natural liberty that has fed the world.

This is socialism. It is the path to Hell on earth."

I could not have said it better myself. And yet socialism is what the majority of people in this country want. Every democrat wants it in full, and many republicans want it in moderation.

The country has gone mad, and it is just a matter of time. If you see this and think you need to prep, prep with food. Food is gold in troublesome times.

You will need a LOT of it to support yourself and your social group. And if nothing happens - well, you can just eat it.

(And then, have the means to defend it. But that's a whole other subject.)
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Old 06-28-2016, 08:54 AM   #21
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Re: Venezula is dying

Bernie voters take note. This is what happens if you get your way! Guaranteed. Every time. Without fail.

http://www.garynorth.com/public/15359.cfm
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Old 07-20-2016, 08:58 AM   #22
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Re: Venezula is dying

Surreal.

https://www.yahoo.com/news/venezuela...073.html?nhp=1
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Old 07-20-2016, 10:01 AM   #23
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Re: Venezula is dying

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Very sad.
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Old 07-30-2016, 10:07 AM   #24
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Re: Venezula is dying

Let Them Eat Cake: Venezuela Celebrates Chavez’ Birthday With $100,000 Cake, While Citizens Starve
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Old 08-18-2016, 11:15 AM   #25
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Re: Venezula is dying

“Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy, its inherent virtue is the equal sharing of misery.” —former British Prime Minister Winston Churchill

Writing in his book “The Life of Reason,” Spanish philosopher George Santayana declared, “Progress, far from consisting in change, depends on retentiveness. When experience is not retained, as among savages, infancy is perpetual. Those who cannot remember the past are condemned to repeat it.”

That axiom may be nowhere more true than in the portion of humanity that endlessly embraces authoritarian government despite its inglorious record of failure. The failure, according to the Left, arises not in the flawed philosophy itself, but in the improper application of it. Many of the greatest atrocities in human history occurred in the last century at the hands of leftist, totalitarian regimes around the world, yet like a dog to its vomit, the Left ignores the fetid stench of death and oppression and comes back for more.

Venezuela is just the latest example of this phenomenon.

Three years ago, in the leftist rag Salon, writer David Sirota praised the brilliance and virtues of corrupt Venezuelan dictator Hugo Chavez. Sirota effusively extolled the “indisputably positive results” of Chavez’s brand of socialism, while minimizing or dismissing his human rights abuses and strong-armed tactics in the pursuit of power, arguing he was not as bad as his predecessor. He gushed that Chavez, who had stolen private property on a mass scale in the process of nationalizing the nation’s oil industry, had “racked up an economic record that a legacy-obsessed American president could only dream of achieving.”

Fast forward three short years to today, and what has become of that “economic miracle”? The picture isn’t pretty.

Like a throw-back to the dark days of Soviet Russia, Venezuelan President Nicolas Maduro has instituted mandatory labor in agricultural fields. In response to Venezuela’s rapidly spiraling economic crisis, the nation’s businesses were informed they must allow the government to reassign their workers to the fields in order to try and grow sufficient food to feed a nation that suffers from dire hunger problems. The situation has become so bad that some have taken to breaking into the zoo to kill animals for meat. Other, less daring citizens resort to crawling through dumpsters to find food.

Just two months after Sirota penned his hagiographic missive on Chavez’s utopia, USA Today ran a story reporting on how the implementation of price controls had led to a shortage of many basic necessities. It was painful enough when shortages of milk, butter, coffee and cornmeal afflicted the people, but in the end (pardon the pun), running out of toilet paper might have been the most intolerable.

Or maybe not. This year things have only gotten worse. The country has run out of bread and sugar, and its desperate citizens have been looting stores for months in search of something to eat. The nation’s hospitals no longer provide relief from suffering, having run out of medicine, gauze, gloves, soap and other critical supplies. Electricity is unreliable, medical machines no longer work, and infants die daily without proper care, and many others die from malnutrition and disease. Chavez’s workers' paradise has become, for the victims of his legacy, a literal Hell on Earth.

Inevitably, social systems and infrastructure break down under the heavy hand of authoritarian government. Stripped of the incentive to work, devoid of the profit motive, society begins to crumble with no motivation to sustain it. In turn, the ruling faction creates enemies as the scapegoats for failure and the focal point of fury. Dissidents are rounded up, jailed, and killed. Those who speak out are considered enemies of the state, and treated as such.

America was once a beacon of Liberty, a symbol of hope for the oppressed peoples of the world, a defender of freedom against the evils of totalitarianism. Ronald Reagan, who called us a “shining city on a hill,” famously declared the Soviet Union an “evil empire” and demanded that Mikhail Gorbachev “tear down this wall.” The current squatter in the Oval Office, on the other hand, has shown nothing but sympathy toward tyrannical regimes. He stood by silently as the Iranian Green Revolution, which called for democratic reforms and more freedom, was snuffed out by Mahmoud Ahmadinejad’s forces, which gunned down peaceful protesters in the streets. He later enabled further tyranny by the Iranian government when he facilitated the nation’s drive for nuclear weapons, handing over $150 billion that he acknowledged would be used in part to fund terrorism against us. His feckless “Russian reset” showed only weakness, which Vladimir Putin took advantage of as he invaded the Crimea, Georgia, and the Ukraine. No friend to freedom he.

Authoritarian regimes disguise their brutality in many candy-coated flavors; Hitler’s National Socialism, Mussolini’s fascism, Soviet communism, China’s Maoist version of Marxism, and even the soft tyranny of European-style democratic socialism, which takes an ever greater portion of the fruits of man’s labor to achieve the purposes of the state to which the people are subjects. Yet whatever the flavor, at the core lays a poison pill that kills individual liberty, prosperity, and the entrepreneurial spirit which has elevated untold millions from abject poverty.

Just ask the people of Venezuela.

https://patriotpost.us/articles/44329
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Old 08-18-2016, 03:04 PM   #26
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Re: Venezula is dying

Venezuela Confiscates Guns As Murder Rates Soar

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As murder rates soar in the capital city of Caracas, government officials look to seize guns and register ammunition...
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Old 08-19-2016, 12:14 PM   #27
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Re: Venezula is dying

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That's the last step in the plan....
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Old 08-19-2016, 02:13 PM   #28
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Re: Venezula is dying

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That's the last step in the plan....
Last step is mass graves of those who defy them.People like to talk about how evil Hitler was but socialist have the record on mass murder.
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Old 09-14-2016, 04:39 PM   #29
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Re: Venezula is dying

Venezuela's "Death Spiral" - A Dozen Eggs Cost $150 As Hyperinflation Horrors Hit Socialist Utopia

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For many Venezuelans, by every economic, social and political measure, their nation is unravelling at breakneck speed.
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Old 09-15-2016, 01:00 AM   #30
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Re: Venezula is dying

Lovely.
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