jueves, 2 de junio de 2016

Hillary Clinton Is Wall Street’s Favorite Candidate

53 Percent of Clinton's Donations Come from Wall Street Bankers

Clinton Wall Street
Wall Street bankers prefer to donate to Hillary Clinton’s campaign over Donald Trump’s. (Wikimedia)
According to The Wall Street Journal (WSJ), Democratic presidential frontrunner Hillary Clinton received more campaign donations from Wall Street bankers than all of her opponents, earning a total of US$4.2 million.
According to the WSJ, in March, 53 percent of her donations came from Wall Street executives, while her main rival on the Republican side, Donald Trump, received less than 1 percent of his donations individuals related to the stock exchange.

Why Do Hispanic Voters Prefer Big Government?

Eligible Hispanic Voters Will Reach a Record 27 Million This Election Cycle

Hispanic voters prefer big government
Cuban voters are surprisingly split almost 50-50 on their approval of big government. (Wikimedia)
Recent surveys by the Pew Research Center reveal that eligible Hispanic voters will reach a record 27.3 million this election cycle, an increase of over 19 percent since the 2012 election.
As a “category,” the Hispanic electorate will make up a record 11.9 percent of all US-eligible voters, nearly the same as black voters, who make up 12.4 of the electorate. Youth is a bigger defining characteristic of Hispanic-eligible voters than for any other group.
And though specific interest-group issues such as US immigration policy are often offered as the main drivers for the Hispanic vote, there is a more fundamental sociopolitical factor at play.

Child Immigrants Detained at US Border Reach Record High

32,952 Unaccompanied Minors Arrested between October and May

niños migrantes
During the summer of 2014, a “humanitarian crisis” hit the United States due to a wave of immigrant children trying to escape the violence of the North Triangle. (Punto Muerto)
The number of unaccompanied immigrant children detained at the southwestern US border continues to increase and has exceeded the figures recorded for 2015, according to data released by the Bureau of Customs and Border Protection (CPB).
With four months remaining in the fiscal year, which began on  October 1, 2015, it was revealed that 32,952 unaccompanied children have been detained by border authorities, compared to 39,970 that were recorded throughout the previous fiscal year.

Brazil Needs to Impeach Statism to End Corruption

Replacing One Corrupt Government with Another Won't Solve Country's Woes

corrupción en Brasil
By now, it is clear that corruption is widespread among all major parties in Brazil. (Molina Curitiba)
Predictably, Brazil’s new, interim administration has seen one of its ministers, Romero Jucá, mired in a scandal that has forced him to step down.
The scandal began when a recorded conversation came to light that allegedly had Jucá suggesting to another senior member of his own party that a “national pact” should be made between interim President Michel Temer and the judicial branch.
The purported goal would be diverting attention away from the Car Wash operation, which investigates the largest corruption scandal in Brazil’s history at the state-owned oil giant Petrobras and which has landed many top politicians and business leaders in jail.
The recording is from March, when Jucá was just a senator and Temer still the vice president, but it was released on May 23 by the mainstream newspaper Folha de Sao Paulo.

How Many More Innocents Will Socialism Kill ?

From the Soviet Union to Cuba and Venezuela, Socialist Utopias Bring About Death, Destruction

monument for the dead of socialism
A monument representing human decay during the communist regime in former Czechoslovakia. (Wikimedia)
Throughout history, socialists have tried to incriminate their adversaries, calling the achievements made in the battle to spread democracy “imperialism” and warmongering.
In their continuous attempt to denigrate freedom, they have blamed the worst crimes committed by some nations as consequences of liberty. But the reality is that never in the name of ideas has a liberal society erected gulags to exterminate its citizens.
Despite continuing episodes that illustrate the heinous crimes of socialism, this model has not gone away. Again and again it is supported by irrational hearts seduced by typical idealistic rhetoric.
Today what is arguably the strongest democracy in the world is captivated by the words of a socialist apparatchik known as Bernie Sanders.

Latin America Is a Cautionary Tale about Socialist Experiments

Socialism Has and Always Will Fail to Serve the Needs of the People

Socialism shows that words are very powerful weapons, as propaganda has so effectively controlled people’s beliefs. (Wikipedia)
Socialism of the 21st Century shows that the movement has more or less gone unchanged over time — regardless of when or where it was implemented — and has also failed throughout history with always a different excuse: oil, oligarchy, the CIA, economic wars, etc.
Even if socialism could be applied under ideal conditions distant from reality, it would still not achieve great things. Socialists in Latin America could not have risen up at a better time and could not have enjoyed better conditions in which to implement their ideas, especially in countries like Ecuador and Venezuela where the amount of money their governments handled, thanks to the oil boom, was incredibly high.

Left-Wing Party Podemos Received Funds from Hugo Chávez

Former Official for Chávez Leaks Documents Showing Money Paid to Spain's "Podemos" Movement

Podemos - Hugo Chávez
Rafael Isea, former Minister of Finance in Venezuela, said April 12 that Podemos was involved in illegal activity with Chavistas. (Politizen)
EspañolVenezuela’s former Minister of Finance Rafael Isea has come out saying former President Hugo Chávez paid Foundation Podemos US $7.6 million, which was never taxed.
Isea, who worked in Hugo Chávez’s regime, produced a document showing the former Venezuelan president’s approval of a payment for “political efforts and social movements” in Spain that would provide it with “political changes related to the Bolivarian government.”
According to the newspaper ABC, Isea identified the current leader of Podemos, Pablo Iglesias, as “one of the advisors that, since 2007, has visited Venezuela frequently to participate in meetings and political training programs directed by various members of the Venezuela government.”

Maduro Plans to Sue Venezuelan Congress for “Treason”

Venezuelan President Fights Back Against OAS Democratic Charter, Claims Opposition Leaders "Usurped" His Powers

Nicolás Maduro demandará a la Asamblea Nacional
Maduro said he will file a lawsuit against the leaders of the National Assembly for usurping functions of the president. (La Mirada Crítica)
EspañolVenezuela President Nicolás Maduro announced he will sue the National Assembly, the country’s legislature, for allegedly usurping the functions of the Presidency in its request to activate the Democratic Charter proposed by the Organization of American States (OAS).
On Tuesday, May 31, the President said on national television that the President of the National Assembly Henry Ramos Allup “usurped” his duties.
“I’ve decided that tomorrow, through the Ministry of Foreign Affairs and the Attorney General of the Republic, I will start a lawsuit against the leaders of the National Assembly for usurping exclusive constitutional functions of President of the Republic,” Maduro announced.

Wednesday, June 1, 2016

16 Reasons Why Venezuela Is on the Brink of Collapse

Venezuela's Eminent Collapse Was Decades in the Making

Imagen de un saqueo registrado en Venezuela durante este año. (Runrun.es)
Image of a looting in Venezuela sometime this year. (Runrun.es)
Following the publication of Sabrina Martin’s article in the PanAm Post, “Looting on the Rise as Venezuela Runs Out of Food, Electricity,” several readers have asked how Venezuela, a country regarded as a future Australia in the 1960’s and 70’s, entered its current economic crisis.
There are hundreds of reasons for this. The policies of economic liberalism implemented between 1930 and 1966 allowed Venezuela to grow faster than any other country in the world as a kind of China of its time. Then came the nationalization of oil in 1976 and the “Caracazo,” a series of protests and riots that shook the capital in 1989.
But overall, the current crisis has two main explanations. One is the country’s nefarious dependence on oil, which creates a population used to dependence, not real productivity. The second is that a political elite that has greatly enriched itself has not allowed general poverty to diminish. Politicians continue to exploit and plunder the country’s wealth — in particular its oil wealth —  knowing that, if they lose power, they will be brought to trial both locally and internationally.
The following are 16 reasons why Venezuela is dangerously close to economic catastrophe.

Trump Is the Official Republican Nominee for President – Now What?

GOP and World Leaders React With Concern and Reservation

Donald Trump is the Republican nominee for president
Donald Trump will most likely face Democrat Hillary Clinton. (Wikimedia)
Everyone following the US Presidential Primaries knew this was coming, but now it’s official: Donald Trump will be the Republican nominee for 2016.
After leading for most of the primary season, Trump finally amassed the necessary 1,237 delegates that makes it statistically impossible for anyone else to overtake him or, more realistically, for the July 18 Republican National Convention to throw away the delegate count and start anew.
The remaining states — including California, New Jersey and New Mexico, among others — will still hold their primaries through June.

No Light at the End of the Tunnel for Venezuela

Venezuela Is on a Path to Cuba-like Circumstances

situación de Venezuela
Looting and attacks on trucks and shops are commonplace in Venezuela. (Wikipedia)
It is often said that Venezuela is already on the verge of a social explosion. In recent months, the scarcity of commodities such as food, medicine and toiletries has worsened while inflation has hit an all-time high, leaving the monthly salary of most workers more or less destroyed.
People are unhappy. Looting of trucks and shops — as well as crowds turning aggressive in the streets — have become commonplace. But this is not enough for a true “social explosion,” a movement that is capable of making Nicolas Maduro’s unpopular government fall for good.
For such a thing to happen, two conditions need to take place in Venezuela: a more or less comprehensive and structured organization of the population against Maduro, and a political leadership that has the firm intention of ending the government’s abuse of power.


US: Nanny Government Treats Its Citizens Like Children – by Walter E. Williams

US: Nanny Government Treats Its Citizens Like Children – by Walter E. Williams

Last month, at a Raeford, N.C., elementary school, a teacher confiscated the lunch of a 5-year-old girl because it didn’t meet U.S. Department of Agriculture guidelines and therefore was deemed non-nutritious. She replaced it with school cafeteria chicken nuggets.
The girl’s home-prepared lunch was nutritious; it consisted of a turkey and cheese sandwich, potato chips, a banana and apple juice.
But whether her lunch was nutritious or not is not the issue. The issue is governmental usurpation of parental authority.
In a number of states, pregnant teenage girls may be given abortions without the notification or the permission of parents. The issue is neither abortion nor whether a pregnant teenager should get one. The issue is: What gives government the authority to usurp parental authority?

Margaret The Magnificent: We Desperately Need More Leaders Like Her – by Steve Forbes

Margaret The Magnificent: We Desperately Need More Leaders Like Her – by Steve Forbes

Along with Ronald Reagan and Pope John Paul II, Margaret Thatcher was a giant of our era and, indeed, of history. These three leaders brought about the fall of Soviet communism and the resurgence of political and economic liberty around the world. Like Reagan, Thatcher was one of those rare individuals who were both a movement leader and an effective political leader. It’s one thing to have firm ideas, quite another to have the skills to bring them into being and for them to endure after you leave office.
The current economic crisis has brought Margaret Thatcher’s ideas and ideals under siege, even though this disaster resulted from ignoring her, and Reagan’s, fundamental free-market principles.

US: Link dollar to gold or face Great Depression II – by Steve Forbes

US: Link dollar to gold or face Great Depression II – by Steve Forbes

Influential financial publisher and former presidential candidate Steve Forbes is out with a new warning that the U.S. faces an economic catastrophe due to the Federal Reserve‘s loose dollar policy, and returning to a strict “gold standard” is the only way to avoid disaster.
In Money: How the Destruction of the Dollar Threatens the Global Economy — and What We Can Do About It, Forbes blames President Obama‘s money team for the stagnant economy, high prices, declining mobility and big government.
“[The Fed’s] vastly misguided monetary policies are now setting the stage for a new economic and social catastrophe — one that could rival the financial crisis and horrors of the 1930s,” he wrote in the book co-authored by Elizabeth Ames.

US: Signs Of The Gold Standard Emerging From Great Britain? – by Ralph Benko

US: Signs Of The Gold Standard Emerging From Great Britain? – by Ralph Benko

Comes now to respectful international attention a volume entitledWar and Gold: A 500-Year History of Empires, Adventures, and Debt by Member of Parliament Kwasi Kwarteng.  This near-perfect volume appears with almost preternaturally perfect timing around the centenary of the beginning of World War I and, with that, the end of the classical gold standard.  It, along with the work of Steve Baker, MP (co-founder of the Cobden Centre), constitutes a sign of sophistication about the gold standard in the British House of Commons.
Kwarteng, the most historically literary Member of Parliament since Churchill, is an impressive figure.  As War and Gold‘s jacket flap biography summarizes, “Kwasi Kwarteng was born in London to Ghanaian parents in 1975.  …  After completing a PhD in history at Cambridge University, he worked as a financial analyst in London.  

#US Sound Money To Prevent Currency Wars – by Alejandro Chafuen

China devalued its currency, the resignation of the Greek prime minister revived doubts about the Euro, and the markets were expecting that in a few weeks the Federal Reserve was going to begin raising the interest rates. These three strikes—connected with monetary manipulations—was followed by a large decline in the stock market. It is natural that those of us who follow economic policy will try to find connections.
Those who champion central banks and government monetary manipulation argue that their goal is to bring stability. Those of us who argue that monetary bureaucrats continue to fail, see the current scene as providing another chance to point at their failures and as another opportunity to call for sound money.

The End Of America?: 13 Catastrophic Events Which Could Soon Lead To An American Apocalypse

Apocalyptic - Public Domain
Is the strongest and most powerful nation on the planet headed for an apocalypse which will bring it to its knees?  We live in a world that is becoming increasingly unstable, and apocalyptic themes have become very common in books, movies, television shows and video games.  It is almost as if there is an unconscious understanding on a societal level that something very big and very bad is coming, even if the vast majority of the population cannot specifically identify what that is going to be.  Last week, the Global Challenges Foundation released a new report entitled “Global Catastrophic Risks 2016” in which they discussed various apocalyptic events that they believe could wipe out more than 10 percent of the population of our planet, and they warned that these types of events “are more likely than we intuitively think”