Chavista celebrities refuse to say they were wrong about
Chavista celebrities refuse to say they were wrong about socialism
The New York Times published an article on Venezuela titled "Dying Infants and No Medicine: Inside Venezuela's Failing Hospitals." It reads like an apocalyptic horror story and begins, "By morning, three newborns were already dead." The author provides an explanation for this tragedy: "This nation has the largest oil reserves in the world, yet the government saved little money for hard times when oil prices were high. Now that prices have collapsed – they are around a third what they were in 2014 – the consequences are casting a destructive shadow across the country." No other explanation is offered. Perhaps we will be receiving reports of massive starvation in Saudi Arabia soon.
The article is a far cry from the glowing reports that greeted the assumption of power by Hugo Chávez. When Chávez was elected, Venezuela's people were the wealthiest in Latin America. Celebrities flocked to Caracas to pay homage to the new socialist leader. Sean Penn, Michael Moore, Danny Glover, and Harry Belafonte are just a few of the entertainers who have visited. Oliver Stone has made a film, Mi Amigo Hugo, about the Venezuelan leader. Now Venezuela appears to be suffering a food shortage. A survey by three universities found that 75 percent of Venezuelans lost an average 19 pounds this year.
Have the Venezuelan revolution's early supporters admitted they were wrong? Are they at all embarrassed? According to John Stossel, they believe they were right to praise Venezuela's move to socialism. Stossel corresponded with college professor Noam Chomsky. Chomsky's reply to Stossel's question about his support for Chávez was "I was right." Chomsky blamed Venezuela's problems on capitalists: "Capitalists were free to undermine the economy in all sorts of ways, like massive export of capital." Stossel quotes Marian Tupy, editor of HumanProgress.org, who said, "More countries will refuse to learn from history and give socialism 'a go.' Useful idiots,' to use Lenin's words ... will sing socialism's praises until the last light goes out."
Socialism has failed repeatedly. How can apparently well educated, intelligent people maintain their faith in a failed system? The answer is that in spite of their claims of being based on science, socialism is a religion. It is the official religion taught in many public schools in the U.S. It is a form of Christianity without Christ. Millions of adherents will swear a vow of poverty to further their programs. The socialist elite, however, is another matter.
This brings us to Maria Gabriela Chávez, Hugo's daughter. According to Diario las Americas, she has $4.2 billion in American and Andorran banks.
The socialist elite does very well for itself. The elites apparently see no contradiction in living well as others starve. Communist defector Victor Kravchenko described this phenomenon when he was a member of the Soviet elite: "I found myself among men who could eat ample and dainty food in full view of starving people not only with a clear conscience but with a feeling of righteousness, as if they were performing a duty to history."
Reuters published an article describing the role played by social media in the opposition to the government. Activists are posting details of the lifestyles of government officials and their families. They expose them as thriving from corruption while the "common man" is starving. One estimate suggests that $350 billion have been misappropriated by Venezuelan officials. The Atlantic reported on a blog, "Relojes del Chavismo," that lists the brands and prices of watches worn by the Venezuelan elite. Vladimir Lopes, the minister of defense, sports a $11,900 Rolex while the president of a state TV channel wears a $12,600 watch.
Still, these officials may be considered frugal compared to our own champions of the downtrodden. Former member of the House of Representatives Jesse Jackson, Jr. reportedly had a $43,000 Rolex.
The success of socialism seems to depend upon having the "right people" running the government. Are our advocates of wealth redistribution setting a good example for their followers? Do Bernie Sanders, Mark Zuckerberg, and the hundreds of entertainers and academic who advocate for socialism wear hair shirts? Or do they live lives of incredible opulence maintaining several residences that remain vacant in their absence?
Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP
Scroll down for more posts ▼
Top 10 Most Recent News Articles
Breaking Barriers in Quantum Emulation If you think the quantum computing game is all about hardware, then you're missing half the picture. Enter BTQ Technologies, crash-landing into the scene by throwing open the doors of their MIMIQ emulator to a crowd of over 35,000 quantum developers through qBraid. This ain't just an upgrade—it's a seismic shift. More qubits, more...
Continue Reading
SoftwareOne Nabs Prestigious GitHub Honor Outta nowhere, SoftwareOne's been lashed onto the center stage, bagging GitHub's Global Channel Sales Partner of the Year for 2026. This ain't just another shiny trophy on the shelf; it's a solid nod to their grit and strategy. Now, if good old GitHub says you're their top dog, you're obviously doing something right. Not bad for a...
Continue Reading
Turning the Tide on Pharmacy Costs The world of pharmacy benefits is getting a long-overdue shake-up, courtesy of a new rule mandating transparency from the pharmacy benefit managers (PBMs). This ain't your everyday administrative tweak—it's a seismic shift for the 136 million Americans tied into employer-sponsored health plans. Thanks to the U.S. Department of Labor...
Continue Reading
Yale’s Inflammation Research: Beyond the Basics Inflammation. It’s the kind of battle your own body wages from within, and Yale School of Medicine’s fresh $10 million grant from the Blavatnik Family Foundation means they’re marching deeper into the trenches. This is not another academic exercise; it’s about digging out the roots of diseases that are tough to pin...
Continue Reading
Trading on the Go Takes a Leap Forward Pretty slick development from TIOmarkets, if I do say so myself. They've rolled out a major expansion of their mobile trading app, now packing some hefty features like Depth of Market and more granular order controls right from those little devices in our pockets. Quite the leap if you're one of those folks who can't keep your eyes...
Continue Reading
Another Day, Another Data Breach It seems like you can’t throw a stone without hitting a data breach these days—and this time, it’s Lumara Bio USA’s turn under the spotlight. The Princeton-based oncology therapeutics outfit, part of Germany’s ITM Isotope Technologies, spilled some beans it never meant to. We're talking some pretty sensitive stuff here, folks....
Continue Reading
Equitable Bank Dials Up Its Prime Rate Equitable Bank's taken a step that every borrower and investor out there can't ignore: they've hiked their prime lending rate by 25 basis points, pushing it up to 4.70% from 4.45%. Now, any old-timer in the trading arena knows that when banks shift their rates, it's not just numbers on paper—it ripples across the landscape, from...
Continue Reading
A Tumultuous Time for Beta Bionics Investors Trouble's brewing for those holding Beta Bionics, Inc. (NASDAQ: BBNX) shares. This isn't just market jitters—it's a full-blown legal tussle. The shareholder-rights law honchos at Johnson Fistel are sounding the alarms, and investors better heed their call before the clock strikes November 3, 2026. There's a class action...
Continue Reading
Bitcoin Meets Canadian Mortgages: A Game Changer? Here's a scenario you didn't see coming: Bitcoin, the digital darling of the new millennium, now backing Canadian mortgages. If that doesn't get your financial senses tingling, maybe you haven't been paying attention. APX Lending, a pioneer in digital-asset-backed lending, is kicking open the doors to a fresh financial...
Continue Reading
Quanta Services Smashes Q3 2026 Expectations If you're a stakeholder in Quanta Services, you'd probably be dancing in the aisles right now. This company just posted off-the-charts numbers for the third quarter of 2026. We're talking revenues of $12 billion—a staggering leap from $7.63 billion the same quarter last year. Explosive Earnings and Strong Backlog The star of...
Continue Reading
Top 5 Most Recently Viewed Articles
Bullfrog AI's Financial Moves to Propel Future Growth BullFrog AI Holdings, Inc. (NASDAQ: BFRG; BFRGW) is setting the stage for substantial growth with its latest financial initiatives. WallachBeth Capital announced that the company has entered into a definitive agreement for the sale of approximately 1,565,000 shares of common stock through a registered direct offering....
Continue Reading
New Leadership in the UK Market Aclarion, Inc. is excited to announce the appointment of Dan Isherwood as the new UK Commercial Director. This strategic hire marks a significant milestone for the company, enhancing its capacity to penetrate the UK healthcare market effectively. With a robust background in HealthTech, Isherwood is poised to help drive the utilization of...
Continue Reading
Navigating Travel Insurance Amidst Potential Government Shutdowns As uncertainties loom regarding potential government shutdowns, travelers find themselves questioning how these events might disrupt their plans. A looming government shutdown often leads to numerous challenges, including staffing shortages at key agencies such as the FAA and TSA. These essential services,...
Continue Reading
Immuthera's Scientific Advisory Board: Innovation at the Forefront Immuthera, a leading name in the field of cell therapies, is thrilled to introduce its newly assembled Scientific Advisory Board. This esteemed group includes renowned experts like Dr. Jay Skyler, Dr. Desmond Schatz, and Dr. Lawrence Steinman. Their collective expertise will drive innovative solutions in...
Continue Reading
Astroport and Orbit Fab Team Up for Lunar Exploration Astroport Space Technologies, Inc., a leader in advanced space exploration solutions, and Orbit Fab, Inc., renowned for in-space refueling and resource utilization, have announced an exciting partnership aimed at accelerating lunar infrastructure development. This collaboration marks a pivotal moment in the quest for...
Continue Reading