Immense debt levels, skyrocketing inflation, declining oil revenues, socialist nutjob policies and a corrupted political establishments. These are all elements contributing to the collapse of the Venezuelan economy. Thanks to Hugo Chavez and his successor, President Nicolas Maduro, who recently declared an “economic emergency,” (SEE: Venezuela’s economic collapse deepens with 141% inflation, 7.1% GDP contraction) […]
Archives for February 2016
A look at who is supporting Bernie Sanders
Last year, Bernie Sanders, despite his constant condemnation of money in politics, raised $73 million, compared to Hillary Clinton’s $113 million. But who is exactly supporting Sanders’s campaign for the White House? OpenSecrts.org has released a list of top industries and campaign donors in support of Sanders (using data from the Federal Election Commission). It’s […]
MUST SEE: Ron Paul on why Bernie Sanders is wrong
Former Texas Republican Congressman Ron Paul attended a Mises Institute talk recently. He was asked by Kit Daniels of Infowars as to what he would say to 2016 presidential candidate Bernie Sanders and why socialism is wrong. Apparently, many Ron Paul supporters in 2008 and 2012 went to the Sanders camp this year, which would […]
Is the Federal Reserve preparing U.S. banks for negative interest rates?
As central banks all over the world start to implement or contemplate the concept of negative interest rates (SEE: Will negative interest rates dominate monetary policy in 2016?), the Federal Reserve may be preparing United States banks for potential negative interest rates. As part of its annual stress test this year, the U.S. central bank […]
Watch: Hillary Clinton supporters endorse Karl Marx as running mate
Are American voters just big time communists or are they clueless? That’s what some are wondering after Mark Dice released a new video showing Hillary Clinton supporters endorsing the idea of Karl Marx (SEE: ‘The Truth About Karl Marx’ – A man of hate, extravagance and privilege), as her running mate/vice president. Whether it’s ignorance […]