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Showing posts from February, 2019

How Brazil solved their economic troubles in the 1990s

Brazil, well-known for being the only Portuguese-speaking nation in the Americas, has been independent for nearly two centuries. As an independent nation, today, it is an emerging market economy that has suffered under years of leftist presidents such as Lula da Silva. Bolsonaro's economic and social reforms will likely decide the future of Brazil's economy and its people. Today, I will take a look at Brazil between 1986 and 1994, a string of economic stabilization plans that ultimately failed. Because emerging market economies keep making the common mistake of inertial inflation, and that central banks do not help on these economies. 28 February 1986: Plano Cruzado : The economic stability plan replaces Brazil's currency, the cruzeiro, with the cruzado, with one cruzado equal to 1000 cruzeiros. The price freeze worked initially, with monthly inflation going down from 12.47% on February 1986 to 1.43% on October of the same year. However, price controls have had an adve...

More facts about gun control which the left does not want to tell you

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The left hates the Second Amendment as much as they hate America. Only a brain corrupted by liberalism would blame mass shootings on the NRA. The NRA has never caused mass shootings EVER. Steve Goddard of realclimatescience.com also explains gun control  here . Another curious fact Nearly every episode of state gun confiscation has resulted in governmental genocide (Stalin 20 million, Hitler 13 million, Mao 20 million. Pot 2 million), killing millions and millions of defenseless citizens or dissidents. The power of the Second Amendment is what keeps America great, not these gun-grabbing liberals. Once the left takes away our right to bear arms, America may be facing another genocide, with its citizens completely defenseless.

Rebuttal to Bernie Sanders's Tweets, part 3 #CrazyBernie #BernieSandersLies

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Every week I refute Bernie Sanders with facts. This is a list of my rebuttals to Tweets by Bernie Sanders (I-VT) accounts. This is my third list. Tweet #1 What’s crazy is that we have a president who is a racist, a sexist, a xenophobe and a fraud. We are going to bring people together and not only defeat Trump but transform the economic and political life of this country. Say you're in: https://t.co/rxqbjJJKv3 https://t.co/HoJG0Rlwq1 — Bernie Sanders (@BernieSanders) February 20, 2019 No proof given, so he makes an ad hominem. He sure is running for president, trying to defeat Donald Trump. Bernie Sanders will bring in liberalism to America, which has been tried and failed invariably. Tweet #2 I'm running for president because a great nation is judged not by how many billionaires and nuclear weapons it has, but by how it treats the most vulnerable – the elderly, the children, our veterans, the sick and the poor. — Bernie Sanders (@BernieSanders) February 20, 2019...

Is the holiday called Washington's Birthday or President's Day... or Presidents' Day?

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Every year, on the third Monday of February, Americans observe Washington's Birthday as a federal holiday, but people keep calling it Presidents' Day (never mind the apostrophe). This may be because George Washington's date of birth is February 22, 1732. Thus, people call it that day because the Washington's Birthday federal holiday never falls on February 22 under the current form in which the holiday its observed. A better cause of why the Washington's Birthday federal holiday is colloquially referred to as President's Day is because they honor every President that has served in America. As a state holiday, the name varies from state to state, including Washington's Birthday, Presidents' Day, President's Day, and Washington's and Lincoln's Birthday. Depending upon the specific law, the state holiday might officially celebrate Washington alone, or Washington and Abraham Lincoln (whose birthday is February 12). We can call the hol...

How dealing with low-value currencies makes accounting unwieldy

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23,200 Ä‘ồng to one U.S. dollar, the exchange rate of the second-lowest valued circulating currency in the world. When the value of a local currency falls due to inflation, people will see bigger and bigger values in an accounting context in their lifetimes. In extreme cases, they will see bigger values and even digits added in a few years. When it starts getting unwieldy, the central bank usually eliminates the subdivisions of a currency to temporarily ease calculations in accounting. When the value of the currency continues to fall, it will eventually get unwieldy to make calculations in accounting. This is why central banks have redenominated their currency several times so that accounting is done easier and faster. First, they announce that a number of zeros (usually a multiple of three) will be removed from the currency. Then they release the new denominations of the currency in coins (if any) and banknotes. Once the new currency enters circulation, the central bank announ...

Understanding wealth redistribution #GreenNewDeal

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Alexandria Ocasio-Cortez despises the super wealthy and success. Ocasio-Cortez wants government coercion of wealth from the rich so that big government bureaucrats can become wealthy and corrupt. She wants to increase government control spending, and her impractical Green New Deal has an estimated price tag of at least twice the national debt of the United States now. Venezuela's socialist policies have already failed, and the nation is presently with two recognized heads of state. The United States and its allies recognize Juan Guaidó as the President of Venezuela, while the enemies of the United States, including Russia, recognize Nicolás Maduro instead. "Socialism of the 21st century," just like all other brands of socialism, always lead to failure. Now in the United States, Sanders and Ocasio-Cortez's brand of "democratic socialism" is just another type of socialism. Socialism is always about taking the wealth away from the rich and giving it to tho...

More hatred from leftists on Twitter #LiberalismIsAMentalDisorder

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Leftists show their hatred of America... every day. WATCH LIVE: Governor DeSantis makes a major announcement from Titusville https://t.co/zZaZTt8pyD — Ron DeSantis (@GovRonDeSantis) February 13, 2019 Here are some of these hysterical Tweets and responses: Is there any plausible proof of conservatives being racist? Liberals have made the term completely meaningless. Even the leftist troll can't spell. The amount of leftist hysteria during the Trump administration is beyond unprecedented. Here are some things the "Resistance" wants Bigger government = more corruption More taxes Discourage border security More government control of the private sector Needless, counterproductive regulations of the economy Trump and Pence removed from office Attack the Second Amendment with gun control laws A "progressive" platform that will never work well for America The dumb "Resistance" lies about our President every day.

National Debt of the United States #NationalDebt

22,000,000,000,000 On February 11, 2019, the national debt of the United States surpassed $22 trillion for the first time on record. When government spends too much, they borrow too much, so you get the corruption of big government bureaucrats causing the ballooning of the national debt. Hopefully the President should reduce spending on the government (e.g. make it smaller) so that the national debt does not continue to grow unabated. Every trillion dollar interval starting from $10 trillion (days taken) The national debt reached $10 trillion on September 30, 2008. During Obama's presidency... the national debt reached $11 trillion on March 16, 2009 (167 days) $12 trillion on November 16, 2009 (245 days) $13 trillion on June 1, 2010 (196 days) $14 trillion on December 31, 2010 (213 days) $15 trillion on November 15, 2011 (319 days) $16 trillion on August 31, 2012 (289 days) $17 trillion on October 17, 2013 (412 days) $18 trillion on November 28, 2014 (407 days) $19...

Rebuttal to Bernie Sanders's Tweets, part 2 #BernieSandersLies

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Every week I refute Bernie Sanders with facts. This is a list of my rebuttals to Tweets by Bernie Sanders (I-VT) accounts. This is my second list. Tweet #1 We cannot continue a dysfunctional healthcare system which costs us about twice as much per capita as any other major country and leaves nearly 30 million Americans uninsured. We must guarantee health care for everyone through a Medicare for All program. — Bernie Sanders (@BernieSanders) February 13, 2019 A single-payer health care system, when brought over to the United States, would cost at least $3.2 trillion extra per year for the next ten years (plus what the federal government spends now in health care). Additionally, it will take away the options of individual citizens to choose their private health care plan. The VA, for example, provides limited options in health care because it is run by the government. Declaring healthcare a right does not make it so. Big government bureaucrats do not confer constitutional rights....

My criticism of the Green New Deal #GreenNewDeal #POTUS

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The Green New Deal is a plan proposed by the Democratic Congress that is supposed to limit emissions that would cause climate change... ...but the Green New Deal does confer many unintended consequences. It is similar to global wealth redistribution. . @AOC ’s green new deal would end: Space travel Steaks Cars Airplanes Tanks Cows Nuclear energy & nuclear weapons Millions of American jobs U.S. dominance on the world stage Is this is the Democrats’ 2020 agenda? 🤔 — Charlie Kirk (@charliekirk11) February 11, 2019 Seeing how almost every activity humans do today emit small amounts of greenhouse gases. Ocasio-Cortez also wants to regulate "cow farts" because methane supposedly causes climate change. However, methane in the atmosphere is usually measured in parts per billion (ppb), while carbon dioxide is measured in parts per million (ppm). Wind farms and solar panels also rely on fossil fuels to be built (or even maintained). Thus, the Gree...

Rebuttal to Bernie Sanders's Tweets, part 1 #BernieSandersLies

This is a list of my rebuttals to Tweets by Bernie Sanders (I-VT) accounts. This is my first list. Tweet #1 We have got to think big, not small. Canada guarantees free health care for all, Finland provides free tuition at public colleges, France provides generous retirement benefits. We are the wealthiest country on Earth. Why can't we do the same? — Bernie Sanders (@SenSanders) February 6, 2019 Finland's personal income tax rate is 51.6 percent, typical of social democracies. France's rate is similar at 45 percent, which means there is less money in your pocket. Also, health care in Canada is not totally free. Claims of Canada's health care system being high quality or "free" have been debunked  here  and  here . Additionally, Canada's so-called best health care system is ranked last. We do not want to fall for the caveats of adopting social democracy in America (read: sky high income taxes). Tweet #2 If we are serious about transforming our c...

Why gun control does not work? #SecondAmendment

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This is a very controversial topic as it involves the Second Amendment, the right to bear arms. The Founding Fathers thought of this so that every lawful citizen can own firearms. When someone commits a homicide, some liberal might shout "gun control" because lax gun laws are causing homicides. They are wrong because they do not know how gun control works. Gun control is like restricting lawful citizens from obtaining firearms. Unfortunately, it only applies to those who abide with the law, not criminals. Gun control has major flaws Amnesty International does not want to tell you. "AR-15" stands for "armalite rifle". Liberals call it an "assault rifle". Even the federal capital became a crime center after gun control. The most common example is that it restricts law abiding citizens from owning firearms. This is a flagrant infringement of the Second Amendment. They may have lost your right to own firearms to stiff gun control laws, whi...

Why liberal policies fail (and a list of all of them that failed) #LiberalLogic

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Liberal policies are closer to socialism and bigger government (e.g. government control of corporations) and discouraging private property. When government controls something, you have less freedom. Bigger government usually translates to less personal freedom. Here is a list of all liberal policies that lead to failure: High taxes (when you overtax the rich, you end up getting LESS tax revenue in the long run). A low-tax environment was key for nations to prosper. Too much taxation is what is going on in California, resulting in significantly less purchasing power for your money there than in the rest of the nation. Millions fled high-tax regions for lower tax regions for the last several decades. Bernie Sanders shows his hatred of success by demanding higher taxes on the rich. He said "I say to Mitch McConnell and Donald Trump: Instead of repealing the estate tax, let’s substantially increase this tax on multi-millionaires and billionaires and reduce wealth inequali...

Immigration and MS-13 #BuildtheWall

Immigration has been a thing since human civilization began. Nowadays, many do this to find better opportunities going from a third-world country to a high-income country. Immigration did help stimulate economies, just like the concept of international trade. However, there should be laws when traveling from one country to another (they must have a valid passport, and they usually need a visa, especially for long visits). Without these laws, there would be no borders, and so there will be no nation. Before the presidency of Barack Obama, many Democrats supported strong border laws as they discouraged illegal immigration. When Donald Trump became President, however, his plans for a border wall between Mexico and the United States brough many, many liberals out of mind. Liberals now tend to discourage strong border laws that keep the nation safe. In my opinion, legal immigration is what helped nations prosper, not illegal aliens infesting our southern border. The media and liberals b...

Demographic projections: 2018 vs 2060 (part 1)

These are the ten most populous countries in 2018: China 1,393,686,493 India 1,358,137,719 United States 328,835,763 Indonesia 266,357,298 Brazil 212,873,151 Pakistan 200,662,818 Nigeria 196,752,840 Bangladesh 166,734,722 Russia 143,261,490 Mexico 131,788,271 These will be the ten most populous countries by 2060: India 1,745,182,406 China 1,276,757,047 Nigeria 473,123,062 United States 403,503,684 Pakistan 332,977,509 Indonesia 326,037,518 Democratic Republic of the Congo 237,216,692 Brazil 236,013,664 Ethiopia 209,458,924 Bangladesh 201,942,310 The greatest population declines are projected for these ten countries between 2018 and 2060: Bulgaria 6,992,150 to 4,664,960 (-33.28%) Moldova 4,044,534 to 2,908,731 (-28.08%) Romania 19,105,089 to 13,932,170 (-27.08%) Ukraine 44,170,002 to 32,542,047 (-26.33%) Bosnia and Herzegovina 3,782,297 to 2,792,611 (-26.17%) Latvia 1,935,780 to 1,504,200 (-22.29%) Croatia 4,194,538 to 3,332,966 (-20.54%) Poland 3...

Low fertility nations: risk of demographic time bomb

As the world gets more and more populated by humans, as fewer marriages occur, and the time between pregnancies increase, there has been a decrease in the overall fertility rate of the human population, with high-income countries usually having the lowest fertility rates. With low fertility, the human population is also progressively aging older and older. The median age of the world human population is around 30 years. These countries have total fertility rates below 1.5 children per woman in 2017, which means there is a high risk of a demographic time bomb in the near future: Belarus (1.48) Cyprus (1.47) Austria (1.47) Bulgaria (1.46) Czechia (1.45) Hungary (1.45) Germany (1.45) Italy (1.44) Serbia (1.44) Greece (1.43) Japan (1.41) Slovakia (1.41) Croatia (1.40) Andorra (1.40) Slovenia (1.36) Romania (1.35) Poland (1.35) Bosnia and Herzegovina (1.30) Republic of Korea (1.26) Puerto Rico (1.22) Hong Kong (1.19) Taiwan (1.13) Singapore (0.83), the only sove...

Decline of liberal cities

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In the 1950s, Detroit was one of the wealthiest cities in the world. The population within its city limits was around 1.8 million. Democrat Jerome Cavanagh became the mayor of Detroit on January 2, 1962, and all mayors since then are Democrats. This is Detroit today... Population within its city limits: 670,000 Majority African-American Poverty and crime very high Decades of liberal policies have ruined the city. Additionally, most of the gun violence in the past couple of decades occurred in gun-free zones and areas with the strictest gun laws. These shootings are here just for liberals to take firearms from law abiding citizens by legislating more laws related to firearms. Other liberal run cities like Baltimore, St. Louis, Philadelphia, and Pittsburgh also experienced negative population growth and the reversal of fortunes since 1950. The Democratic Party loves to drive people away to find better places to live. Don't believe in the false propaganda from labor union...

Leftist hysteria on social media #LiberalismIsAMentalDisorder

When the left has lost their mind that their ideas do not work, they throw in fact-free hysteria as they could not try to refute the facts of a decent conservative. Here is an example below, from a Twitter thread from three months ago (some spelling mistakes corrected): Ron DeSantis: This election will decide who appoints Florida's next 3 Supreme Court Justices. The stakes have never been higher for protecting our Constitution, Second Amendment, & religious freedoms. I promise to appoint judges who support our Constitution and interpret the laws as written! The original Tweet can be found  here . Liberal: It won't be you Ron. The last thing we need are 3 more Republican justices who are motivated by Washington and the 1%. Conservative: No. We need justices who rule by the constitution and laws of the state of Florida. Legislators make the laws NOT judges. Go read their job description Liberal: It up to the justices to make sure they're constitutional. ...

Censorship of conservatives on social media

Last year, several conservative organizations and individuals, including Laura Loomer and Alex Jones have been banned or silenced from social media websites. This made me angry, as Facebook, Instagram, and Twitter began favoring hardcore liberals who advocate socialism. As more and more conservative voices disappear from mainstream social media, hate groups like Media Matters for America congratulated censorship of conservative views while ignoring the hysteria of liberal media organizations such as CNN. I no longer trust news channels anymore. If conservative organizations continue to be censored or silenced on social media, I have a new space to share what is going on at Gab.com. Gab.com is the only site I know where conservative views are welcomed. The state of the social media organizations is now skewed to the left, with conservative views fading away. In the past, conservatives were welcomed on Facebook and Twitter until they start egregiously censoring them because they pe...

Venezuela weekly monetary statistics, 2019W4

These are the monetary statistics for the week ending January 25, 2019, with data from the Central Bank of Venezuela. Summary : Monetary liquidity rose by 361 billion VES, or 31.23% versus last week, the largest weekly percentage increase on record. Meanwhile, the monetary base expanded by 32.6% during the same period. The amount of cash in circulation increased by 16.41% and represents 9.21% of the central bank's monetary liquidity. All figures below are in sovereign bolivars (VES) Due to rounding, values may not sum up to the corresponding figure. Surplus bank reserves by day January 21: 13,483,540,815 January 22: 259,755,300,721 January 23: 262,024,370,862 January 24: 270,042,005,094 January 25: 269,193,427,386 Monetary liquidity (M2): 1,517,663,067,400 from coins and banknotes: 98,417,664,479 from deposits at sight: 1,262,086,100,895 from transferable savings deposits: 150,572,816,476 near money: 6,586,4...