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The Chinese Communist government is seeking to take advantage of its friendly ties with the socialist Brazilian government to establish a "Maritime Silk Road" in the Amazon Rainforest, The Argentine news outlet Infobae reported this weekend.
The post Report: China Seeking to Bring ‘Silk Road’ to Amazon with Help from Socialist Brazil appeared first on Breitbart.
Venezuelan Foreign Minister Yván Gil accused the United States on Wednesday of "instrumentalizing" migration to harm the socialist regime.
The post Venezuela Accuses Biden of Weaponizing Migration Against Regime appeared first on Breitbart.
U.S. acting ambassador to Colombia Francisco Palmieri said the Biden administration is, once again, willing to ease sanctions on Venezuela.
The post Biden Admin Hints at More Sanctions Relief for Venezuela After Election Talks Disaster appeared first on Breitbart.
Bolivia's ruling Movement Towards Socialism (MAS) party ousted former President Evo Morales from party leadership on Sunday.
The post Bolivia: Socialists Kick Wannabe Dictator Evo Morales Out of Party Leadership After He Threatened Mob Violence appeared first on Breitbart.
Colombian far-left President Gustavo Petro announced on Wednesday that he would cut diplomatic relations with Israel on Thursday over its "genocide" in Gaza.
The post Colombia’s Marxist President Cuts Ties with Israel on May Day appeared first on Breitbart.
An upcoming Caracas-Managua flight route operated by the Venezuelan state-owned Conviasa airline will increase the flow of migrants trying to reach the United States, according to a report published by the Nicaraguan newspaper La Prensa on Wednesday.
The post Report: Venezuela’s State-Owned Airline Will Fly U.S.-Bound Migrants to Nicaragua appeared first on Breitbart.
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Colombia's President Gustavo Petro denounced the disappearance of more than a million pieces of ammunition and weapons from 2 military bases.
The post Socialist Colombia Discovers Tons of Military Hardware Missing from Bases: ‘May Be in Haiti’ appeared first on Breitbart.
The United Nations Working Group on Enforced or Involuntary Disappearances warned in a report Tuesday of an alarming rise in enforced disappearances of Venezuelan citizens committed by the socialist regime since December 2023.
The post U.N. Says Venezuela Rapidly Disappearing Dissidents Ahead of Sham Election appeared first on Breitbart.
U.S. global influence is declining under President Joe Biden, whose presidency is a continuation of Obama's policies, according to Congressman Keith Self.
The post Exclusive: Rep. Keith Self Warns U.S. Constitutional Republic Can’t Survive ‘Fourth Obama Term’ appeared first on Breitbart.
Leftist Latin American and Caribbean heads of state gathered in Caracas, Venezuela, condemned Israel on Wednesday for committing a "genocide" in Gaza through its self-defense operations against Hamas.
The post Latin American Leftist Summit Focuses on Trashing Israel, Support for Hamas appeared first on Breitbart.
LNG Energy Group, a Canada-based company owned by billionaire Texas businessman Rodney Lewis, brokered a deal with Venezuela's PDVSA.
The post Report: Billionaire Texas Oilman Inks Deal to Revamp Venezuela’s Onshore Oil Fields appeared first on Breitbart.
Roughly half a million Colombians took to the streets of the nation's main cities on Sunday to protest against far-left President Gustavo Petro.
The post Half a Million Colombians Protest Against Socialist Healthcare Reform appeared first on Breitbart.
Police said they laid white roses on the anniversary of Hitler's birth and posed for photos and one gave the Nazi salute.
The post Four Germans to be Prosecuted After Caught by Police Laying Roses at Adolf Hitler Birthplace appeared first on Breitbart.
Venezuela's socialist dictator Nicolás Maduro attempted to issue a message in English to U.S. President Joe Biden on Monday to discuss the upcoming expiration of Biden's generous oil and gas sanctions relief package to his regime.
The post Venezuela’s Maduro Sends Devastating Message to Biden in English: ‘I You Want I Want I You to Want I Do Want’ appeared first on Breitbart.
The ruling socialist regime in Venezuela documented an 18-percent increase in oil output in the first trimester of 2024 when compared to the same period in 2023, according to information published by the Organization of the Petroleum Exporting Countries (OPEC) in its latest April 2024 report.
The post Venezuela Oil Production Grew 18% After Biden Sanctions Relief appeared first on Breitbart.
Via InstaPundit, I learn that Karl Marx died on this day in 1883. I concur with Glenn Reynolds’ suggestion that March 14 should therefore be a holiday:
Marx performed the difficult feat of being wrong about everything. Most people are right about some things and wrong about others; the law of averages sets in. But if you are an ideologue, like Marx, and if your ideology is stupid, you can be wrong across the board. Marx’s historical analyses were either recycled conventional wisdom or wildly off the mark. He knew nothing about economics, which is why his labor theory of value–the lynchpin of his entire philosophy–is absurd. (Even Marx recognized that; he never finished the key section of Capital, leaving that inglorious task to Engels.) And he pontificated endlessly about workers and the means of production, without even once, as far as is known, setting foot in a factory.
Marx survives in historical memory for two reasons. First, hardly anyone has actually read Capital or his lesser works. Even a person of moderate intelligence could hardly do so without recognizing their foolishness. Second, Marx’s philosophy has served as a pretext for sadists to seize control of governments around the globe. Which is exactly what Marx intended.
Marx was a bad man, equally so in his private and public lives. He should be remembered only as an exemplar of how much damage a single-minded and hate-filled man can do.
We haven’t checked in on Venezuela for a while. Formerly one of the world’s richest countries, Venezuela has become destitute since it was taken over by socialists Hugo Chavez and Nicolas Maduro. The country has gone downhill in an ever-worsening spiral of poverty and dysfunction. Things have gotten so bad that American liberals no longer hold up Venezuela as an example of “real socialism.”
The London Times reports:
[T]his is a country still suffering the trauma of the most spectacular currency collapse of our times. The Venezuelan bolivar, which in the 1960s was considered as solid a store of value as the Swiss franc, is now worth less than the paper it is printed on. If you converted a million dollars into bolivars in 2013 — when Nicolás Maduro first came to power — and left it in an interest-accruing Venezuelan bank for the past decade, your current balance would be about 3 cents.
Let’s hear it for socialism! And also for money-printing. Venezuela kept printing currency until it could no longer afford the paper and ink, but how different is that from the path our own government is currently on?
All this became glaringly apparent during an especially precipitous period of the downward spiral, during 2018 and 2019. With annual inflation touching two million per cent, a brick of notes was needed to buy a sandwich. The government ran out of the ink and paper physically needed to print more money.
Debit cards, along with bartering, became essential; with everyone from coconut sellers in the Caribbean to barbers in Caracas using cheap card readers to make transactions. But banks were slow to keep up with the devaluation, failing to raise their limits per transaction. Buying just a few items in a supermarket could therefore require three or four bank cards.
Life under socialism isn’t just poor and violent, it is crazy, too.
In mid-2019, the Maduro government quietly threw in the towel and allowed people to officially use US dollars. It turned out to be a transformational moment, taming price rises and bringing in some stability.
At least 60 per cent of retail transactions in Venezuela are believed to be in dollars, either in cash or with cards.
So the viciously anti-American kleptocrats are rescued, sort of, by the American dollar. But the damage is done, as Venezuela’s economy has shrunk by 75%. The last word:
[One Venezuelan] lamented, “Nobody’s got any money. There’s nothing much left to steal.”
I suppose the kleptocrats long for the good old days, when there was still something in Venezuela worth stealing. Chavez’s daughter Maria Gabriela, a perfect exemplar of leftism who represented Venezuela in the United Nations, made off with a cool $4.2 billion. But she was a piker compared to her father’s Treasury Minister, Alejandro Andrade, who slipped away from Venezuela with $11.2 billion in Swiss banks. As I wrote back in 2015:
If you want a world in which a few obscenely rich jet-setters lord it over a sea of poor people, socialism is the ideology for you.
But even those halcyon days have come to an end, as “[t]here’s nothing much left to steal.” It is as Margaret Thatcher memorably said: the problem with socialism is that eventually, you run out of other people’s money.
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