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Showing posts with the label socialism

Four days without electricity in Venezuela #SinLuz #SocialismKills

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Since Thursday afternoon (four days ago at time of publication), Venezuela has been facing a power outage. So far, it has killed 19 hospital patients (modern hospitals rely on electricity for patients to survive for longer). Thus, the situation in hospitals in Venezuela looks more like the nineteenth century, when hospital patients were unlikely to survive a visit. In the early morning hours, there was an explosion of a transformer in Caracas, as a result of lack of government care and maintenance. If it were privately owned, they would fix it quickly. A nationalized industry means that the government decides on who will receive the benefits instead of the private owners. Nationalizing industries is for losers. For example, PDVSA is nationalized, but it is in big trouble. The only way to save PDVSA is to privatize  it. Big government bureaucrats rely on corruption rather than efficiency. State-run industries are too inefficient, let alone government control of the private secto...

Another day without electricity in Venezuela #SinLuz

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The electricity service has been out in Venezuela since 48 hours ago, and it has not been fully restored to everyone. Electricity was briefly restored, until a new power outage occurred. The western states are still without power for 48 consecutive hours. This is a continuation of my previous post . The Venezuelan government (Maduro) continues to spread conspiracy theories about why the power outage occurred. They claimed that it was a sabotage made by the American government. Not so. A hydroelectric dam that provided electricity to the majority of Venezuela failed, leaving over 30 million citizens without electricity. This is why government control of any sector (it is socialism) fails all the time! The socialist PSUV has been ruling Venezuela for over a decade. Meanwhile, the opposition still could not think of a platform after a rally in Caracas earlier today. Big government is all about control of the people through regulations, stiff taxes, gun control, wealth control, and ...

Price tag of the Green New Deal and refuting Bernie Sanders once more

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Bezos, so much for the Big Apple. According to a study published by the conservative American Action Forum (AAF), the cost of the Green New Deal over a decade could be up to $93 trillion (over $625,000 per household), with a T. That is equal to 1.1 years of the world's economic output (GDP). The Green New Deal will be very expensive – our initial estimates are summarized below - @DJHEakin . https://t.co/O8KgIzfy5q pic.twitter.com/2iXzpCRFH9 — American Action Forum (@AAF) February 25, 2019 Yes, seriously. It requires extreme taxation, strict environmental regulation, plus a single-payer health plan. Progressives continue to push this impractical plan, which will trick people into knowing that it will work for everyone. The Green New Deal will degrade the quality of life of everyone living in America with living conditions similar to a third-world nation today, while doing ultimately nothing to solve the supposed "climate crisis". Here are some Tweets from Ber...

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...