Blogging the democratic revolution
Inflation, as Milton Friedman said, is a monetary phenomenon. The only way you get inflation is to print out money like there’s no tomorrow. Because when you do that, there IS no tomorrow, money-printing destroys savings and with it, future investment. Which would have great implications for a nation’s stability and passage to or from…
Vietnamese wave as the motorcade of U.S. President George W. Bush makes its way through the streets of Ho Chi Minh City, Vietnam, Monday, Nov. 20, 2006. (AP Photo/Nghat Le) Vietnamese onlookers react to the arrival of U.S. President George W. Bush at Ho Chi Minh Museum in Ho Chi Monh City, Vietnam, Monday, Nov….
Milton Friedman, Democratic Revolutionary Source: John Petrie’s Milton Friedman Quotation Page The great Milton Friedman died yesterday in San Francisco. His ideas changed the world the most in our era. When we say ‘free markets,’ we think of him. I can think of no one whose ideas made more revolution and genuinely changed the world…
You’ve heard of VCrisis for Venezuela, no? Now, there’s ECrisis, for Ecuador. A couple of Ecuador hands who believe in democratic revolution and free markets, have gotten together and come up with a beautiful new Web site for all developments regarding turbulent little Ecuador. It’s full of richly sourced stories and the most up to…
The mind of Hugo Chavez is like a compost heap. It’s full of layer upon layer of muck, and when he gets to spreading it out through what comes out of his mouth, you never know what will come up to the top. Greg Wilpert, a Chavista agent who edits a prominent Chavista Web site,…
Monday the trade Neanderthals in Congress rejected endorsement of Vietnam’s entry into the World Trade Organization. It was slopped through a lame-duck committee and Congressional Republicans and Democrats voted against bringing Vietnam into the world trading system. They wanted to shut Vietnam out. And keep all the trade to themselves. Problem is, it takes two…
Alek Boyd has taken some photos of Puerto Cabello’s refineries, showing all how Hugo Chavez is painting the entire industrial complex a bright communist red. Rather than the ethereal white of the Long Beach refineries, it’s this rage-inducing comrade red, Chavez’s own color. The only othe place I’ve seen this done is Tijuana, Mexico, where…
What’s gotten into Brazil’s supposedly decent president, Luiz Inacio “Lula” da Silva? He flew up to Venezuela and openly endorsed Hugo Chavez for president, hugging and kissing him, and openly meddling in an election for a country that’s not his own. Oddly enough, Chavez did not do the same for him, which is to say…
Can you imagine what it’s like to collect a bill from Castro? The guy defaults all the time, he owes about $6 billion in defaulted loans to banks all over the world, if I recall correctly. For some reason, though, Swiss banks have continued to do business with the Cuban government, perhaps because that’s where…
Alan Garcia, out to break Hugo Chavez Source: Libardo Buitrago Meet Hugo Chavez’s worst nightmare: President Alan Garcia of Peru, who blasted Hugo Chavez as a thug, meddler, briber and intimidator yet again, in an interview with a big Venezuelan newspaper, El Universal. The nightmare Hugo Chavez didn’t foresee: Alan Garcia of Peru Source: AP,…
Andres Oppenheimer of The Miami Herald, in a public service, has done us all a favor by identifying the Dirty Dozen of the new congress, the creeps who would keep free trade from enriching and helping the nations of the Americas. These are the poverty-enforcers, the anti-Latin Americans, the rust-belt oppressors, hobbled by their own…
As Venezuelan dictator Hugo Chavez prepares to “win” a new election with Jimmy Carter’s renewed collaboration, suspect “polls” executed with Chavista funding, are preemptively declaring Chavez the runaway winner. That’s funny because Chavez sure isn’t acting like a winner. He’s acting like a dictator who’s running scared. Like Robespierre staring down Danton, fearful of losing…
You are a very poor farmer in Sichuan and out in the countryside live far away from everything else, schools, medical care, government, roads, running water, everything. You are only poor because the communist government has taken away everything in the name of “the people.” Your two-year-old toddler swallows farm chemicals and is sickened. With…
U.S.-Mexico border walk, near San Diego and Tijuana Source: Alex Jones, via Dan Watman Even if you support the U.S. border fence with Mexico, you cannot help but feel deeply saddened by the very idea of a wall going up between two close nations whose citizens’ lives and cultures overlap eternally. A high Stalag-style fence…
Red Chinese national ballet performance in Guangxi, Nov. 9 Source: AP, via Yahoo! News Here’s a stunning development: Activists in China are starting to say out loud what the government is trying to muffle over without discussion: Communism is the problem in China. What is communism even doing in China in this modern age amid…
I have had long running arguments with naivos even close to the oil industry that Hugo Chavez of Venezuela intended to turn not just Venezuela’s state oil company into a worker-ant collective but Western oil majors’ Venezuelan operations into them as well. Today, I stand vindicated. Today, workers from Chevron, Repsol, Shell, Exxon, Total and…
The U.S. has a new congress and boy is it hostile to the concept of free trade. Sadly, the Republicans in power were just barely there on this issue and the Democrats to a lesser extent, but not exactly absent. Now, with a Democrat-dominated House and Senate, it’s going to be very tough to get…
Christmas season in Venezuela and nothing upsets Santa Chavez more than a little competition. That’s why the Venezuelan strongman, who’s famous for doling out pork-barrel goodies has made it abundantly clear that there won’t be any Santa Claus, any lighted Christmas trees, and certainly not Frosty the Snowman in his Castroite fiefdom. After all, HE’S…
Urrrrghhhhh! Wonder why. UPDATE: Chavez is just beaming at Rumsfeld’s resignation. Rumsfeld, you may recall, compared Chavez to Hitler. Alex Beech sent me some additional thoughts here: What Hugo Chavez Could Learn from Bush 08.11.06 ö There is no one celebrating the Republicans’ defeat today more than President Chavez, who said on Wednesday that the…
U.S. voters go to the polls in Tempe, Arizona Source: AP, via The Guardian Today’s a big election day in the U.S. for the seats in Congress. At stake is whether the war in Iraq will continue to victory or a cut-an-run strategy, similar to that employed to end the Vietnam War, is implemented. Both…
I just got this note in from Alex Beech: Censorship in Venezuela official Begins; Live Broadcasts are Forbidden On Tuesday afternoon, a National Guard major notified the country’s private television networks in Venezuela that requests for live broadcasts would have to be submitted to the National Guard twenty four hours prior to transmission. According to…
Police scene after the bomb attack on Mexico’s electoral authority Source: Reuters, via Yahoo! News Today, violent thugs launched a new attack directed explicitly at Mexico’s democracy. Someone doesn’t like the results of Mexico’s elections and is trying to destroy Mexico’s democracy, not through the power of reasoned ideas, but by blowing things up. That’s…
As Venezuelan strongman Hugo Chavez continues to crash in the polls, we are seeing a growing campaign of what can be summed up in short as lies and intimidation, explicitly centered around the Venezuelan oil company, Chavez’s own cash-cow. Over the weekend, Chavez’s energy minister, Rafael Ramirez, explicitly threatened oil workers at the state oil…
Nicaraguans line up to cast their ballots in Managua this Sunday morning Source: AP, via Yahoo! News Today is the big decision day in Nicaragua, the presidential election. Three major candidates are vying for the presidency, along with two minors. The outcome in the hotly contested race in this nation of 5.4 million could be…
As Nicaragua goes to the polls Sunday, and Venezuela watches the fast rise of Hugo-Chavez challenger Manuel Rosales, it helps to have a good grip on opinion polls. Boz has the latest on those critical two, as well as updates from Chile, Costa Rica, Colombia and elsewhere. It’s well worth reading here.