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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 California economy should serve as a cautionary tale for the rest of the nation, showcasing the negative impact of illegal immigration combined with liberal social welfare programs that discourage citizens from working.
The ‘Californication’ of the United States would exacerbate illegal immigration, depress market-driven labor rates, expand welfare rolls, significantly raise taxes on those employed, and prompt the government to address the diminished standard of living by imposing an exorbitant minimum wage.
Increasing the labor pool through illegal immigration drives down wages. The most basic law of economics, supply and demand, states that when supply increases and demand remains the same, price goes down.
You need water to live, but water is cheap because there is a large supply. Gold and diamonds are less of a necessity for maintaining life, but they are expensive because there is a large demand and limited supply. If tomorrow a new goldmine was discovered which quadrupled the supply of gold, the price of gold would go down.
Illegal immigrants increase the supply of workers, which brings down the price of labor, i.e., the wage. And although it is true that illegal immigrants are concentrated in certain industries, the decline in wages affects all industries.
The industries with the highest percentage of illegal immigrants are construction, cleaning, maintenance, food service, garment manufacturing, and agricultural occupations. The Americans who were displaced from those industries went to work in other industries, increasing the quantity of labor and driving down wages.
Using California as an example of what some people want to do to the entire country: illegal immigrants comprise 9% of the population. The market wage for workers was low because of the large pool of immigrants.
The Democratic legislation addressed this issue by imposing a draconian minimum wage of $16 an hour for all workers and $20 for those working in fast food.
The state also has liberal unemployment and welfare rules. As market wages drop and unemployment or welfare benefits increase, people are disincentivized to continue working.
In many Democrat-led states, workers can earn more on benefits than they can working. And a minimum wage of $20 an hour will not fix this problem. Jobs like landscaping and construction used to pay more than $20 an hour.
And jobs in maintenance and janitorial services, while not the highest paid, used to have job security and benefits when they were done on the books, by legal workers.
The Americans who lost those career jobs to illegals cannot make up the lost income by flipping burgers. Removing the illegal immigrants from the labor force will cause the natural rate of wages in landscaping, construction, and maintenance to increase, motivating people to go back to work.
Not surprisingly, as a result of its socialist policies, California has the highest poverty rate in the country when the cost of living is considered (the supplemental poverty measure).
The high taxes, high minimum wage, and lack of law enforcement have caused a steady exodus of companies, resulting in rising unemployment. However, the minimum wage only applies to legal workers, not illegals, so many of the unemployed citizens were replaced by illegal immigrants.
And now, the taxpayers are paying for it in the form of unemployment or welfare benefits. However, the illegals do not pay taxes. So, the tax burden on each legal worker is increasing, which then disincentivizes people from working. And the circle goes on and on, spiraling steadily downward.
At the national level, Democrats in favor of illegal immigration claim that low unemployment rates in the US are proof that “we need illegal immigrants” to fill those jobs. However, this claim ignores the labor force participation rate, which took a nosedive in 2020 and has never returned to pre-pandemic levels.
The labor force participation rate refers to the percentage of the working-age population (usually defined as individuals aged 16 and older) who are either employed or actively seeking employment.
People who are on unemployment are still counted as being part of the labor force because they are allegedly looking for a job. Only those who give up or go on permanent welfare or benefits are no longer counted.
There are two important points here. By liberalizing unemployment benefits, increasing the amount and the duration of the payments, the Biden Administration gets to count these people as part of the labor force.
And yet, the labor force participation rate is declining. This brings us to the second point. The federal government spent $1.3 trillion on welfare programs in 2023. If social benefits were not plentiful, more people would remain in the workforce.
In California, the labor force participation rate has been trending steadily downward since 1989. Currently, only 62% of legal adults are part of California’s labor force. Meanwhile, California has one of the highest incidences of tax in the country.
It also has 28% of the total homeless population of the United States, with the number having increased by 40% over the past 5 years. In short, California is a mess of outcomes that could not happen in a free-market economy that enforced immigration laws and was tough on crime.
According to Pew Research, 87% of Democrat voters agree that illegal immigrants only do jobs Americans won’t do. This notion is completely false. The reality is, there is no job Americans won’t do if they are paid for it.
Removing the illegals and canceling the benefits programs will bring about an equilibrium between wages and labor force participation. Taxes could be cut, and the minimum wage for unskilled work could go back to a reasonable market rate.
People would be incentivized to work and to better themselves, while the burger-flipping jobs would revert to the high school and college students who previously held them.
The post Illegal Immigrants Do Jobs Americans Collecting Benefits Won’t Do appeared first on The Gateway Pundit.
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.
Venezuela's socialist regime announced this week the launching of a reality television show called M Factor, where local musicians will compete to have their songs become part of dictator Nicolás Maduro's official soundtrack for the upcoming sham presidential election.
The post ‘The M Factor’: Venezuela Launches Reality Show to Pick Theme Songs for Maduro’s Sham Election appeared first on Breitbart.
Tareck El Aissami, former Venezuelan oil minister, has resurfaced in handcuffs, charged with treason, money laundering, and corruption.
The post Socialist Purge: Venezuela Charges Hezbollah-Linked Former Oil Minister with ‘Treason’ 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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