Oil Markets Shrug Off Venezuela’s Political Unrest Thanks to U.S. Energy Boom

by Michael Bastach   When Juan Guaido launched his coup attempt, oil markets didn’t do what they typically do in the face of supply threats. Instead, markets largely shrugged off Venezuelan unrest instead of sending prices soaring. That’s because of two factors: mismanagement by Venezuela’s socialist government and the U.S. energy boom.…

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Pompeo: US Prepared for Military Intervention in Venezuela

  U.S. Secretary of State Mike Pompeo said Wednesday the United States is prepared to intervene militarily to stem the ongoing unrest in Venezuela. “Military action is possible,” the top U.S. diplomat told the Fox Business Network. “If that’s what’s required, that’s what the United States will do.” However, he…

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Pence Announces More Sanctions on Venezuela as Chaos Continues Under Socialist Dictator

by Evie Fordham   The U.S. will impose even more sanctions on Venezuela after recognizing the rival of socialist dictator Nicolas Maduro as the country’s leader in January, Vice President Mike Pence announced Friday at Rice University in Houston. The U.S. is targeting 34 vessels owned or operated by the…

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Commentary: The Totalitarian Impulse of the Democrats’ ‘New’ Socialism Is Showing in Venezuela

by Anna Paulina   The “new” socialism that is rapidly gaining adherents within the Democrat Party bears a striking resemblance to the totalitarian ideology that just drove oil-rich Venezuela to the point of mass starvation. They might not even realize it themselves, but beneath the facade of Representative Alexandria Ocasio-Cortez’s…

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Vice-President Pence: US with Guiado ‘100 Percent’

Trump administration stands with the U.S.-recognized interim president of Venezuela, Juan Guaido “100 percent,” Vice President Mike Pence said Monday as he announced new financial assistance for the Venezuelan people. “We stand with you, and along with all the nations gathered here today, we will keep standing with you until…

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Trump, Guaido to Collaborate on Efforts to Restore Democracy to Venezuela

The White House says President Donald Trump reinforced his “strong support” for efforts to restore democracy in Venezuela during a conversation Wednesday with opposition leader Juan Guaido, who has proclaimed himself as the country’s president. White House Press Secretary Sarah Sanders said Trump and Guaido also committed to maintaining “regular…

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Commentary: Three Myths of Socialism Debunked by Venezuela’s Nightmare

Venezuela

by Barry Brownstein   History provides endless examples of vicious despots ruling under various collectivist ideologies. Hitler, Mao, Stalin, Pol Pot, and – today – Kim Jong-un and Nicolás Maduro may have had different names for their collectivist ideologies, but they have resulted in the deaths of countless millions of people and endless misery…

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