South America

Venezuela’s Oil Production Collapsing Along With Its Economy

When a socialist regime runs out of other people's money, Venezuela happens. ...

Bob Adelmann January 19, 2018

Establishment Insider Calls for Military Intervention in Venezuela

Bob Adelmann January 10, 2018

Ricardo Hausmann, a professor at Harvard and a director of the Kennedy School of Government there, suggests that the only way to “solve”...

Maduro’s Socialist Paradise Descends Further into Depravity: Citizen Murder

Bob Adelmann December 21, 2017

Socialism is a lie, a scam, and a fraud, sold to the unsuspecting and the ignorant by those lusting for power. Venezuela is...

Venezuela’s Socialism Is Killing Its Children; NY Times Blames “Economic Mismanagement”

Bob Adelmann December 19, 2017

Nicolas Maduro remains in power in Venezuela thanks to financial help from American and Russian oil interests, and lack of complete forthrightness from...

Citgo’s Future in Doubt, Thanks to Its Takeover by Venezuela’s Military

Bob Adelmann November 30, 2017

With the military in charge of Venezuela's oil company, Nicolas Maduro's days are numbered, and it's likely that Putin will be the ultimate...

Tracking Socialist Venezuela’s Death Spiral: 4,000 Percent Inflation

Bob Adelmann November 22, 2017

Those who favor socialism should spend just a week in Caracas to see just how it is working out there. ...

Credit Agencies Declare Venezuela in Default

Bob Adelmann November 14, 2017

According to both Moody’s and S&P Global, it failed to make $200 million in payments that were due on November 12, immediately resulting...

Venezuela Falling Behind on Its Payments, Putting Maduro’s Regime in Jeopardy

Bob Adelmann October 23, 2017

As many have predicted, Venezuelan President Nicolás Maduro's inability to make principal and interest payments on his government's debt is threatening his regime....

Maduro Blocks Opposition, Is Kept in Power by Banks and Marxist Allies

Bob Adelmann October 20, 2017

Venezuelan dictator Nicolás Maduro banned elected opposition mayors from taking office, replacing them with allies. His regime is supported by big banks and...

U.S. Condemns Venezuela’s Election

Bob Adelmann October 17, 2017

The U.S. State Department condemned the October 15 elections in Venezuela, stating "the voice of the Venezuelan people was not heard." ...

If Socialism Is the Problem in Venezuela, More Sanctions Are Not the Solution

Bob Adelmann September 20, 2017

Overshadowed by his remarks concerning North Korea’s “Rocket Man” and the “worst ever” Iranian nuclear deal, President Donald Trump’s views on Venezuela in...