Blogging the democratic revolution
Fill up your tank now, because oil prices are about to go higher. Three more international oil companies are out of the game in Venezuela, an unprecedented exit from an energy-hungry industry. They just can’t do business with a thug. Venezuelan dictator has sent his agents to seize control of the assets of two major companies, Total of France and ENI of Italy, in a confiscation move directed at their resistence to being forced in joint ventures that are nothing more than communist workers collectives run by Chavista political hacks. ENI calls it a direct violation of its existing contractual…
Rich Karlgaard makes an original and forceful argument in favor of global free trade by insisting it promotes human creativity and development. He cites the marvel of human achievement in different areas and the great human good of developing one’s talents fully, something that doesn’t always happen because it’s a huge threat to oppressors. In this regard, free trade is always supremely revolutionary and subversive to tyrants. When I spent time in martial law Poland under its communist oppressors in 1982, I was a teenager, and the one thing that struck me, a college student on the edge of starting…
Sunburnt and exhausted, I return from the biggest rally for immigrant rights in the history of Los Angeles. Five hundred thousand mostly Latino, mostly young, and mostly protest-babe-caliber people marched in the streets of This Proud Capital Of The Third World to demand a halt to various immigration control measures in Congress – like building a wall and making it a felony to help illegal immigrants – and, more importantly, to plead for opportunities for advancement and citizenship. There has never been anything like it. This is a seismic shift in the political landscape of the U.S.A How very unlike…
You’d never know this from reading most of the mainstream media, but today in Ecuador, and I don’t mean in just coastal rightwing Guayaquil, but in the heart of the country, in central Quito, the capitol, tens of thousands of Ecuadoreans marched IN FAVOR OF free trade with the U.S. Source: Associated Press That’s right, while much of the mainstream media covered extensively the anti-free trade protests of a few indigenous special interest groups earlier in the week, which are now fizzling due to lack of public support, the real rally was building, the one the vast majority of Ecuador’s…
Daniel Duquenal has a fascinating post on Colombia’s new free trade pact with the U.S., and explains why it is causing so much distress among the Chavistas next door in Caracas. Their rage has a basis. It turns out Colombia is eating Venezuela’s lunch already in the economic arena and the free trade pact with the gringos will only raise their appetite. Here’s what’s going on: Chavez has driven most of Venezuela’s industries out of business, declaring them a class enemy. That in turn has provided a massive market opening for Colombian manufacturers who have taken over what had been…
Venezuela was fighting like a lone jaguar in OPEC meetings today to urge the cartel to cut oil production so that prices would stay high. Venezuelan dictator Hugo Chavez needs those high prices to bankroll his fake ‘revolution’ and finance his external meddlings abroad. His so-called revolution is an increasingly ravenous one, and an expensive beast that must be fed. But nothing was going Venezuela’s way. U.S. crude stocks soared higher than anyone expected. U.S. refining capacity use dropped to 70%, down from about 98%, signalling slackening of demand. And every single nation on earth was pumping as hard as…
Take that, Hugo Chavez! Bright Singapore and lovely Thailand have already negotiated pacts to drop tariffs, challenge China’s export juggernaut, and make lots of money for themselves through trade with the U.S. Now splendid Malaysia is planning to do the same. Malaysia in particular is an important partner because it’s a good democracy and a Muslim-majority country that’s full of smart people who know the advantages of free trade. They’re Asians and don’t do stupid counterproductive things in the name of nationalism, socialism, fundamentalism, or anything else that fails. Malaysia in particular will be a beacon to other Muslim states…
Bubba and Junior, some of the oilmen down in Lou’siana, are getting a little disgusted about a certain Senor Chavez of Venezuela, and it might just be about to affect bidness. Seems one of Citgo’s top suppliers, Evans Oil, is preparing to dump Venezuela as a supplier and move on to other sources of petroleum. Venezuela’s cheap and Venezuela’s convenient, but that’s getting to be secondary, given one little problem: The oilmen are right peaceable people and don’t care much for Hugo Chavez’s raving anti-U.S. lunatic rhetoric these days. They know how their customers feel about these things and are…
It’s started. Leftist barbarians in El Salvador are burning tires and hurling explosive devices into the faces of police as their way of resolving their disagreements over the implementation of CAFTA. They are always free to not trade with us if that is their wish but they just can’t leave others alone who choose differently. That’s why they’re creating an atmosphere of terror through their incendiary devices and seeking to ruin the business climate for everyone. That way, they can all sit in the mud together with no free trade and wonder why the hell they are poor. Agencia EFE…
Take that, Hugo Chavez! Colombia has chosen freedom and prosperity over dependency, isolation and handouts! A free trade pact was signed this morning with the U.S.! It was one long hard tough slog in negotiations, but President Alvaro Uribe and the U.S. Trade Representative finally came to common ground after lots of give and take, as is right between two good friends. Today, Colombia now has access to the world’s biggest market, will get all the computers and technology and whatever it want from our markets, and we in the U.S. in turn will benefit from Colombia’s ever more competitively…
A Chavista women’s collective in a small city called Los Teques in Venezuela recently sent this letter to Venezuelan President Hugo Chavez and some of his key minions. If this is Chavista, then we are ALL Chavistas. Their fascinating statement highlights the growing popular opposition to the corruption, the thievery, the bureaucratization and the barbarism of the Chavez “revolution.” The women are not closing their eyes. Although these women say they still have faith in Chavez, they certainly have lost any such faith in Chavez’s underlings who are supposedly distributing the spoils but in fact pocketing them. Poor people do…
My eyes are practically filled with tears of joy on this news. Something our Salvadoran and Honduran and Nicaraguan friends have been PRAYING for for years has really happened … A-G-A-I-N-S-T … A-L-L … O-D-D-S!!!!! If there is a such thing as miracles, this is it. Thousands of undocumented workers from war-torn El Salvador and elsewhere in Central America have had their temporary protected status in the U.S. extended. President Bush hinted at it in his state of the union message but I was not sure what he would do. News reports continuously said that Bush would let this bill…
Two big developments on the truly revolutionary idea of free trade extending from the North Slope all the way to Tierra del Fuego. Colombia is on the edge of signing a free trade pact with the U.S., according to Rob Portman of the U.S. Trade Representative’s office. The pact, if they can reach the finish line, is Colombia’s ticket to the first world and a stinging blow to the hideous anti-free-trade regime of Venezuelan dictator Hugo Chavez, who has destroyed much of his country’s private sector, branding it an enemy instead of a job- and value-creator, and driving it out…
Is Venezuela running out of oil? This Bloomberg article certainly suggests it, and if so, it’s an earmark of a communist regime. There’s no such thing as a communist regime without shortages. Russia the breadbasket ran out of wheat. Cuba the sugar king ran out of sugar. Vietnam the rice bowl ran out of rice. China the Middle Kingdom ran out of everything. And now, Venezuela, with the largest oil reserves in the Western Hemisphere, is having trouble with its oil production, enough so that the energy-saving measure of natural gas substitution has been introduced to the domestic population, which…
Right under the news radar, the U.S. and Colombia are hashing out their last differences for the free trade pact that will create confidence and prosperity on an untold scale for already star-performing Colombia and will enrich and enliven the U.S. with the bright and brilliant side of Colombia from its private sector, not its ugly drug and crime side, which will be destroyed. It’s a great occasion for joy and it might even happen by the end of this week. There’s one nation watching this, one that already has a defacto free trade pact with the US due to…
…everywhere a bil bil, old McChavez had a well… On hearing that oil prices took another serious beating today (think they are below $60 a barrel, so happy times are coming to a pump near you) I clicked onto El Universal to see if there was any reaction from Venezuela’s oil-drenched supremodomo Hugo Chavez, who’s openly sought oil at $100 a barrel to finance his “revolution.” Nothing. The vases are being thrown in the palace in private, I suppose. But I was struck by the pattern I was seeing. Another $1.2 billion was missing from the state coffers. Late last…
Oil prices spiked down earlier this week after Hugo Chavez tried to drive them up by threatening $100 a barrel oil. But I bet they will go up on this news – an oil production pipeline shutdown in Ecuador, based on a real counterrevolution run by ignorant leftists intent on chasing out all foreign investment and jobs. These populists imagine that oil will just come out of the ground by itself once the foreign investors are out and the tax base (none of these bastarads pays taxes) dries up. They are likely to cause a lot of trouble for us…
Costa Rica’s election, like Honduras’ election earlier, is turning into a cliffhanger. Frontrunner Oscar Arias is ahead, but only by about 0.4 percentage point. It could turn. This referendum on free trade – for his opponent, Otton Solis, is opposed to it – is suddenly a matter for speculation. Will Arias win? Keep fingers crossed. The news story is here and there are blog links two posts below. UPDATE: Nacion, as of 12:26 p.m. Pacific time, is reporting that the difference between the top two candidates is 3,647 votes. The item (if you can get it up, there’s heavy traffic)…
Oscar Arias, a powerful, luminous, fearless advocate for free trade is winning in Costa Rica’s exit polls in what looks like a decisive victory. Reportedly taking in 45% of the vote in a three-way field, it means his victory so strong he will avoid a runoff, if these numbers hold, putting this election on a comparable level with Evo Morales’ in Bolivia. The cutoff for avoiding a runoff is 40% of the vote. What does it mean? It means that despite the naysayers, the people insisting the region is turning left, Costa Ricans in their thousands cast their votes for…
Veneuzela’s vast gold and diamond mines, no small thing in the era of soaring gold prices, have sold concessions to several foreign firms to mine the minerals. But they have witheld the permits, so the firms, which have spent hundreds of millions of dollars on infrastructure, are unable to mine them. Squatters are jumping in, though, people who would probably be given jobs in the mines if the chavista permits would ever come through. Today, Venezuela’s government has announced it will expropriate the mines – for idleness. The only reason they are idle is that the government refuses to issue…
Mexico’s governor of Sonora state makes an impassioned declaration about how free trade works awesomely in his state and in neighboring Arizona. He explains how free trade lifts businesses across the board. How great it is to look on Mexico as an equal neighbor instead of a problem issue. That’s the beauty of free trade and I commend this governor for standing up for his experience with the matter and trying to get it through the heads of the ignorant on both sides of the border that free trade works! Hat tip: Real Clear Politics
At least in principle. He will enrage the left by this statement. Strike up the band and play, “the world turned upside down.” Good sense has come to the mind of Evo Morales! As long as he continues on this path, he’s gonna make it to the finish line. Keep going, Evo! And boy is this going to make Hugo Chavez mad!!! The story is here.
Even the headline is hilariously tragic: Venezuela to Eradicate Poverty. Venezuela began an offensive against poverty, starting the “Negra Hipolita” Mission, which is financially supported by the high profits of oil, like other official social programs there. The initiative made official on Saturday by President Hugo Chavez is part of a long-term plan to end the paradox of a nation that in spite of being the fifth world oil exporter, has 37 percent of its population living in poverty… The purpose now, as the first stage of poverty eradication, is to declare the country free of abject poverty by July…
Do it! You can almost hear Gilbert and Whitey egging on The Beav to do something stupid. And so it seems with this new spectacle of Venezuelan dictator Hugo Chavez announcing he intends to replace the IMF with his own self-financed IMF, to be called ‘Bank of the South.’ This bank wouldn’t really be a bank however, but more like a candy store. Chavez says he’ll make loans on no terms whatsoever, and I suppose, not expect to be paid back, which is the Argentine way. In return, he’ll expect political loyalty, which, as the Caribbean states at the OAS…
You have to have real guts to scrap your country’s currency and just start using the U.S. dollar. It’s hard. You might not be a gringo but every time you buy or sell something, you have to look at U.S. heroes on the face of the money you are using. But the benefits of doing it — to you — are absolutely amazing. Never again can your government confiscate your savings account by devaluing the money in it. You will never again wake up and find your life savings worth nothing because the government wanted to please some inefficient banana…