Venezuela Dissolves Only Non-Socialist Part Of Its Government

LISTEN TO TLR’S LATEST PODCAST: By Andrew Follett Venezuela’s socialist government stripped its congress of power late Thursday in what opposition leaders are calling a coup. Venezuela’s Supreme Court ruled that all powers vested under the legislative body will be transferred to the country’s highest court. Venezuela’s opposition legislators are calling this a coup, as…

Venezuelan Currency Slowly Getting Replaced By Pepe Memes

Venezuelan Currency Slowly Getting Replaced By Pepe Memes

LISTEN TO TLR’S LATEST PODCAST: By Andrew Follett Venezuela’s economy is so awful, its citizens are increasingly turning alternative currencies, including Bitcoin and even internet memes. Software developers use Bitcoin and “Rare Pepe” trading cards to mask their transactions. Such crypto-currencies grant anonymity, meaning it’s harder for Venezuela’s socialist government to control the tech industry….

IMF Head Calls For Carbon Taxes To Bail Out Faltering Government Finances
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IMF Head Calls For Carbon Taxes To Bail Out Faltering Government Finances

Andrew Follett writes The head of the International Monetary Fund (IMF) recently called for countries to start taxing carbon dioxide emissions to finance struggling governments. “It is just the right moment to introduce carbon taxes,” IMF’s Managing Director Christine Lagarde said at a conference [need to put what day this took place], because “finance ministers are looking for revenues.”…