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Venezuela

Wealthy corporations practically giving away their assets in Venezuela to flee the coming collapse

Venezuela is in shambles and has been for quite some time. What is responsible for this? None other than socialism.

After adopting a socialist system of economics, the country of Venezuela slowly began collapsing on top of itself. The once economically stable country has since become a complete disaster where people are now spending ludicrous amounts of money on necessities.

To make matters even worse for the country, many of the corporations that once held offices and factories in the country are doing everything they can to escape. They’re so desperate to get out of Venezuela that they are practically giving away their assets just so they can flee the country. Everyone from Ford Motor Company to General Mills is engaging in this behavior — and it is no wonder why.

Bob Adelmann of The New American reports, “Executives quizzed about the departures said their operations were no longer viable, that it was increasingly difficult to obtain raw materials, and when they did, they couldn’t sell the finished goods profitably, thanks to price controls enforced by Marxist Nicolas Maduro’s government.”

The societal and economic collapse in Venezuela serves as the latest example of socialism being a complete joke. Every corporation, every country that has given socialism a chance has paid the ultimate price. This isn’t an isolated incident — it is one of many, from all across the world. It is time for people to grow up and accept the fact that both socialism and communism will never actually work.

Capitalism is the only way. It allows businesses, societies and individuals to prosper without any sort of government intervention. Socialism forces people to rely on the government for everything, which is what has left so many socialist countries in shambles. The federal government is terrible at almost everything, so depending on them for absolutely everything is a recipe for disaster.

While we can all hope that Venezuela will be a learning experience for the world, the Regressive Left is so obsessed with the idea of socialism that there is little doubt that they will attempt to make this happen once again. They continue to convince themselves that the third, fourth, fifth, and sixth times will be the charm and they never learn their lesson. There is no hope for these people anymore, but that doesn’t mean that the rest of us shouldn’t do our part to expose the corruption where we see it.

It’s never too late to open a young liberal’s eyes to the truth.

 

Sources:

TheNewAmerican.com

Bloomberg.com

CTVNews.ca

Bitcoin

Bitcoin targeted by the IRS, as bureaucrats demand private records from Coinbase

Often referred to as the people’s currency, Bitcoin has been controversial since its inception. Since Bitcoin doesn’t require American citizens to be indebted to the government, many leftists are opposed to the idea, but conservatives, and especially libertarians, are big supporters of the new form of currency.

As was to be expected, the Internal Revenue Service (IRS) doesn’t seem to be too fond of Bitcoin, and has plainly proved that fact recently. The IRS is seeking the personal data of everyone who made a transaction using Coinbase between 2013 and 2015, because getting people’s private information is what the federal government loves the most.

David Z. Morris of Fortune reports, “The subjects of the data request are identified in court documents simply as an indeterminate number of ‘John Does.’ The IRS filing further states that ‘There is a reasonable basis for believing that such group or class of persons may fail, or may have failed, to comply with one or more provisions of the internal revenue laws.’ In other words, the IRS believes that buying Bitcoin is probable cause for making an individual the subject of a tax evasion investigation.”

It just goes to show how far the authoritarians are willing to go in order to oppress the people of our country. People were dissatisfied with government overreach and a lackluster economy so they created their own currency. Then the government proved just how reasonable that dissatisfaction was by overreaching and deeming Bitcoin to be some sort of fraudulent concept. At this point, we should expect nothing less from the powers that be.

Under President Obama’s endlessly growing federal government, things have gone from bad to worse, and the government has been expanding far beyond the level that the average person would be comfortable with. Now, we have an IRS that is going above and beyond in order to tax people egregious amounts. Taxation is already theft, and we are already struggling to remain free, so the last thing we need is the government getting even larger.

Bitcoin really is the people’s currency, and it should remain as such. The government involving itself in these exchanges needs to end immediately. Hopefully, under President Trump things will change quickly and the power of the Feds will shrink substantially. Maybe then we will be free to use Bitcoin at our own discretion without having to worry about being added to a registry.

Sources:

ZeroHedge.com

Fortune.com

AmericanBanker.com

hillary

Hillary’s ridiculous claim that she ‘will not add a penny to the national debt’ is absurd and impossible

Hillary Clinton is no stranger to lying to the American people in order to make herself sound more fit to hold the presidency of the United States. After all, her entire campaign has been based on a number of lies, scandals and other forms of corruption. But when you take a look at the promises she has made, it is clear that she has absolutely no way of fulfilling them. Nobody should believe, for even a second, that she will be able to make any of this happen.

For the libertarians and conservatives of the country, one of the things we are most concerned about is the rising debt that the federal government continues to accumulate. By spending money on things that we don’t need, our country has slipped further and further into a debt of trillions and trillions of dollars. Hillary Clinton’s claims that she “will not add a penny to the national debt” is absolutely unbelievable, given the fact that she also wants to increase taxes and continue to spend money on things that the American people do not want or need.

Russell Berman of The Atlantic writes that even if Hillary Clinton is able to enact all of the policies she desires, “the national debt will still go way up during her time in office. The national debt now stands at about $19.7 trillion, and if policymakers wanted to keep it there, they’d have to approve hundreds of billions of dollars in immediate spending cuts or tax increases—neither of which Clinton is actually proposing.”

In summation, there is virtually no way that Hillary Clinton is telling the truth here — and it just goes to show just how out of touch and delusional she is. She seems to think — or at least wants the American people to think — that she can destroy the country financially without causing the national debt to increase. Having someone like that as the figurehead of our country would be extremely dangerous for reasons far beyond the economy.

This is a dangerous woman that couldn’t be any less fit to be president. Yet, that appears to be exactly what is going to happen come November 8th. So many people have bought into the myth of Hillary Clinton that we are doomed. The only way to combat this corruption is by getting out to the polls and sending a message to the establishment. We don’t want to add to the national debt and we don’t want President Clinton, part two.

 

Sources:

WashingtonPost.com

TheAtlantic.com

BusinessInsider.com

money

How the federal government is systematically DESTROYING your wealth, income and savings

Now more than ever, libertarians and conservatives want the federal government to stay out of our business. Between adding ridiculous regulations to virtually every aspect of our lives and raising and adding taxes all across the board, they just can’t seem to keep themselves from infringing on our liberty — and we’re getting pretty sick of it.

When you look at the hard evidence — the numbers and statistics — you’re definitely going to be pretty sick of it too.

At the end of September, the public debt of the United States was $14,173,423,516,895.82 — an over $1 trillion increase from the same time last year, which totaled $13,123,847,198,347.81. That is absolutely massive. It’s shocking how the federal government, which is supposedly comprised of our country’s greatest minds, is so awful at managing money. Especially when you consider how much of our money they’re stealing to fund their generally ridiculous programs, these numbers are staggering.

Karl Denninger of The Market Ticker reports, “That’s right — the government intentionally destroyed almost 8% of your paycheck and your savings last year, running a $1.423 trillion dollar budget deficit, which is roughly equal to the worst of the ‘great recession’ when tax revenues went through the floor.”

This is absolutely maddening.

The federal government is spending our money on wars that we shouldn’t be in and on unnecessary welfare programs that are being taken advantage of by those who simply want to leech off of the taxpayers. We should all be significantly more upset about this and it’s stunning that more people haven’t spoken out against the rising amount of debt that our liberal government is getting all of us into.

Our economy is truly in one of the most unhealthy and downright depressing times of our generation. Something desperately needs to change if our country is ever going to return to its former glory. From local elections all the way up to the president of the United States, we absolutely must be smart about who we elect this year. We cannot afford — both figuratively and literally — to elect leftist idiots that are going to spend money that we don’t have on things that we don’t need.

We need business-minded individuals that know how to take care of situations, lower taxes and protect the best interests of the American people all at once. We don’t need to add another trillion dollars to our public debt. If we get Hillary this fall, that’s exactly what is going to happen.

 

Sources:

TheDailySheeple.com

FreeP.com