Blogging the democratic revolution
Brazil announced today that its state oil company, Petrobras, would spend $18 billion to develop its Santos Basin offshore natural gas reserves in a bid to reduce its dependence on imported natural gas, explicitly, from nationalization-minded leftwing Bolivia. Eighteen billion. That’s big money. A whole Iraq-War trove of cash. A massive, history-changing investment. Why the…
So much for George Bush being intimidated by the bitter union- and leftist-bankrolled struggle this past summer to ratify CAFTA. In less than four weeks, negotiators say a free trade pact with Panama could be signed. Negotiators are rushing to polish up the accord in the last weeks before President George Bush visits the wonderful…
Tuesday’s essay on property rights by the great Carlos Alberto Montaner, has awesome intellectual firepower. He is the best writer I know of anywhere in the world, and this is his most luminous essay. Montaner writes about how the destruction of property rights, as is happening in Venezuela, makes democratic revolution nearly impossible. He carefully…
The Dominican Republic has just ratified entry into CAFTA. Wheeeee!!!!!!! This is great news! Dominican Republic was considered the weakest link in the CAFTA state lineup. I thought it wouldn’t happen. I read so much negative news in the local press about this factory layoff and that protest and that opinion poll that I didn’t…
The world economy runs on what happens in the U.S. economy. That has potential to affect the outlook for every revolutionary country on earth. At the center of this phenomenon is Alan Greenspan, who yesterday hiked interest rates yet again. He’s hiked and he’s hiked – ten times in the past ten quarters. It’s flattening…
6.4% GDP Diversified economy 3.1% inflation 17% stronger peso Tax cuts Pensions Competitive advantage $3 billion budge surplus equal to 3% of GDP Revolution iVIVA CHILE!
Here’s a small item that looks like real news – Nick Burns, the number three guy at State, insists that the Andean Free Trade Agreement (this is CAFTA, but for Andean states like Colombia, Ecuador and Peru) is advancing nicely. News sources have repeatedly said that the bloody and terrible Congressional battle to pass CAFTA…
It’s as if the mighty impact of CAFTA that we all worked so hard to achieve has really started to yield something. Veneconomy, in a brilliant essay here, noted the signs of stinging defeat it rained on Venezuelan dictator Hugo Chavez. Suddenly all his oil billions are meaningless compared to the vast opportunity of the…
All communist regimes are characterized by shortages. In Venzuela, the government suddenly announced it was suspending all steel exports, creating a new commodity shortage on world markets. But the export gate might not be where the real shortage is. I am wondering if investment-starved Venezuela simply cannot produce the steel it used to produce. It’s…
The best part about CAFTA is upon us – Hugo Chavez has come out screaming on Venezuelan television about CAFTA’s passage. And why shouldn’t he scream about our CAFTA victory? A rich El Salvador, Guatemala, Dominican Republic, Honduras, Nicaragua and Costa Rica are the last things Chavez wants to see. It’s bad enough that these…
Developing countries almost never have civil society organizations, making them vulnerable to tyrants who are always happy to fill the void with … tyranny. Rare indeed are the PTAs, the Elks, the Kiwanis, the Ladies’ Auxilliaries, the Neighborhood Watches, the Surfriders’ Foundations, the Explorers’ Club, the Roadrunners – and all the much-maligned but critically necessary…
CAFTA is often compared to NAFTA, but the roots of the trade pact are very different. They began in 1983 when the great Ronald Reagan launched his Caribbean Basin Initiative. As he fought the march of communism with all his strength, the far-thinking President Reagan also knew that U.S. might is based not only on…
in the House. Victory for our hemisphere. The full list of how they voted. Our friend Will has analysis and a good roundup of what other bloggers are saying here. IBD has an editorial saying this trade treaty will benefit businesses across the board, citing the word of Central Americans who are in the middle…
Tick tick tick – CAFTA’s victory is expected in three hours, according to my sources, and to the Washington Post, but cross your fingers, it’s not over until it’s over… This trade treaty is the most important measure of support we can give to the entire hemisphere. Central Americans don’t want our troops. They don’t…
The G8 summit is over, aging hipsters have finished playing concerts the nostalgic world over, and experience as old as their songs has been cast out the window in favor of some feel-good debt relief lovin’. Dictators from the Middle East to Asia are outraged and harping on endlessly; not because they’re being forced into…
Marvellous, prosperous, democratic, revolutionary Chile, which has already signed free trade pacts with the U.S. and other nations, has signed three more free trade pacts with Brunei, New Zealand and Singapore. While Hugo Chavez up north and his Master in Havana scream about how bad they are. And the U.S. thrashes about trying to decide…
Earlier today A.M. Mora y Leon posted an entry on the necessity of passing CAFTA, and I wanted to add to that. Today the Wall Street Journal published an article which described the kind of negotiating going on in the House of Representatives over this trade pact, and in doing so illustrated the short-sightedness which…
All stops must be pulled out to pass CAFTA. Not doing it will destroy our country. And we can kiss the hemisphere goodbye. The showdown is this week. We cannot fail. I repeat, cannot. Andres Oppenheimer, in the most powerful argument yet, explains why here. Update: The Washington Post, in its bluntest argument yet, warns…
Nicaragua’s Contras, the original freedom fighters in our lifetime, who during the Reagan Era, took on the name and tradition of the original Hungarian freedom fighters who resisted Soviet tanks in 1956, have turned their swords into plowshares and begun the extraordinary task of growing some of the world’s best coffee. Freedom-fighting Contra Cafe! Being…
I have already discussed thoroughly the ongoing trade embargo that Syria is imposing on Lebanon. By closing off the border, Syria is effectively shutting out Lebanon’s only means by which to transport their goods to the rest of the Arab world. This in the middle of an enormous fiscal crisis worth upwords of $30 billion….
Booker Rising, a neat blog for Black-American conservatives and moderates reports approvingly that two tiny Caribbean states, Trinidad & Tobago, and Barbados, showed the presence mind to tell Hugo Chavez and his smothering oil deal ‘no.’ Both self-respecting nations cited their national interest in different ways – Hugo Chavez’s artificial oil prices would undercut Trinidad’s…
According to Al-Hayat, the Jordanian government of Prime Minister Adnan Badran is having further problems surviving a vote of confidence due to recent increases in the price of basic foods (see “The Badran Government Seek the Confidence of Representatives and Opposition Parties Call for Him to Leave,” July 15, but no longer on the paper’s…
Hugo Chavez and the communist thugs and barefoot Neanderthals one step removed from white sheets who oppose CAFTA are all about to be dealt a stinging defeat. The House leader reports that CAFTA is likely to be approved before the end of July. This is the scent of victory, because defeat is unthinkable. This is…
..and the chicks are free. Hugo Chavez is flinging money in multi-billions all over the place, like a drunk with coins burning holes in his pockets. He’s the world’s biggest spendthrift and he’s driving Venezuela straight into the ground. Miguel Octavio has the whole sordid story here. Read and weep.
I knew this would happen. Hugo Chavez’s incessant meddling with the market would lead to what it always leads to: shortages, just like Cuba. And ration cards as well. More and more, Venezuela is looking like a communist regime. The thug of Caracas is bringing hunger to Venezuela. He’s got to go.