Venezuela’s Success Of Bolivarian Socialism – 5 Million Flee The Country

Just in case any have any doubts about how successful modern day socialism is or will be the case of Venezuela is instructive. The Bolivarian socialists decided to stick it to the man, overthrow capitalism and the tyranny of...

Congratulations To Venezuela, Proving Once Again That Socialist Medicine Doesn’t Work

We don't have to go back that many years to find the progressives praising Venezuela as the path to follow - this is the bright new down of socialism. OK, it's Bolivarian socialism, tinged with a but more anti-Yanqui...

Congratulations To Bolivarian Socialism – Venezuela’s Power Cut Is Your Fault

Of course that four day power cut in Venezuela is being blamed on the Yankee Imperialists for there never could be anything wrong with socialism, could there? And if you do want to reduce a nation and people to...

Yes, Chavez And Maduro Caused Venezuela’s Power System Collapse

The entirety of Venezuela's ruling class is standing around with "Who, me?" looks on their faces as the country is plunged into darkness, the power system and the grid entirely fail to deliver electricity at all. The point being...

Bit Of A Problem – Gazprombank Confiscates Accounts of Venezuela’s PDVSA

In order to get out from under the American - therefore capitalist, sneaky and imperialist - sanctions placed upon Venezuela's oil business they decided that they would go and bank at Gazprombank. Surely being under Putin's wing would protect...

Venezuela’s Socialism Is Worse Than Franco’s Fascism

It's entirely true that the economy isn't everything. Our measures of GDP don't include inequality or the value of a mother's smile. They do include things like food supply, health care and the standard of living which are, even...

Venezuela’s Coup D’Etat Fears – But Is This Actually The Solution?

We've raised the concept of democracy to something venerated above near all else - which is a problem when we consider the problems of somewhere like Venezuela. The country's in dire state, obviously enough. 10% of the population have...

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To Spot What Is Really Going On At GM

Well, yes, this is a nice threat. White House economic adviser Larry Kudlow said on Monday the administration is looking to end certain subsidies,...