Audrey Conklin “The View” co-host Ana Navarro said Venezuelan dictator Nicolás Maduro is “not a socialist” during a Friday segment of the show. Navarro was responding to Kentucky Republican Sen. Rand Paul’s statement, “If you vote for a socialist, you might get socialism,” which earned applause from the audience. “Maduro is not a socialist,” Navarro interrupted….
Venezuela is crumbling under socialist control and struggling with hyper-inflation, lack of food, and declining medical services. Many Venezuelan citizens are fleeing to nearby Colombia, where the locals have been concerned that their economy and justice system would not be able to sustain the flow of refugees. However, recently, Columbia did provide legal status to…
How do we overcome our need to make our story cohere with our preexisting biases? Consider the following facts: Venezuela is a country with vast natural resources. Once it was one of the wealthiest countries in South America. Venezuela nationalized many vital industries such as oil. Price controls were instituted, and hyperinflation destroyed savings. Supermarket…
LISTEN TO TLR’S LATEST PODCAST: By Will Racke General Motors denounced the Venezuelan government Thursday for what it called an “illegal judicial seizure of its assets” by public authorities. The U.S. automaker halted operations at its auto plant in the industrial hub of Valencia when state officials took over the facility amid massive public protests…
Government Celebrates Chávez, Rest of Venezuela Dies of Hunger by Josh Guckert The downtrodden nature of Venezuela and its economy has been well-documented by The Libertarian Republic over the last several months. However, news concerning the government’s birthday celebration for Hugo Chávez may take the cake. According to Venezuelan newspaper Informe21, the party took place this…
By JP Carroll Former Venezuelan President Hugo Chavez (1954-2013) would not have been so well-known in the U.S. were it not for powerful friends in the halls of Congress and studios in Hollywood. Chavez, who ruled over Venezuela from February 1999 until his death from cancer in March 2013, won the presidential election in 1998. The socialist dictator quickly…
In recent times, Venezuela has been the object of many headlines across the globe that detail its current economic predicament. Once Latin America’s most stable country, Venezuela is now experiencing a historically unprecedented economic and social collapse. How did such a nation awash with bountiful oil reserves and numerous decades of democratic stability stoop to…
By JP Carroll Dead Socialist Venezuelan dictator Hugo Chavez was praised throughout his life by many figures in academia, journalism and Hollywood despite his brutal regime. This praise included Salon writer David Sirota’s piece after the leader’s death, titled “Hugo Chavez’s economic miracle.” In British publication The New Statesman, a headline as Chavez was nearing death in…
by Ben Ramanauskas Ever since Hugo Chavez came to power in 1999, Venezuela has been subjected to socialist policies. For example, it has undertaken a colossal social spending program, combined with price and labor-market controls. As the Government spent more and more, it was forced to rely on the profits of the State-owned oil company,…
After years of idiotic socialist policies, Venezuela’s economy is on the verge of complete and utter collapse. by Joey Clark Despite having some of the earth’s largest oil reserves, the country is essentially bankrupt, ransacked by incompetent government central planners. Matt O’Brien reports: “…Chávez turned the state-owned oil company from being professionally run to…