Archive for the ‘Fausta’s blog’ Category

Venezuela: Mileposts on the highway to hell

Thursday, October 23rd, 2014

Reading news about Venezuela brings to mind AC/DC lyrics,

Dont stop me!

I’m on the highway to hell
On the highway to hell!
Highway to hell!
I’m on the highway to hell

And I’m going down..all the way
I’m on the highway to hell

Fingerprints for food


Venezuela Readies 2015 Budget
Venezuela’s finance minister assured lawmakers that the country was poised to handle sliding oil prices and wouldn’t default on its debt, while proposing a 35% increase in the 2015 budget.

Venezuela, which depends on oil for 96% of its export revenue, has seen the price for its crude slide to $77.65 a barrel, the lowest since late 2010 and a drop of $15 since late September.

A scarcity of dollars has spurred shortages of basic goods in the import-dependent country and made investors increasingly nervous. Oil rich but cash strapped, Venezuela carries a total of $67.4 billion in debt issued by the government and state oil company, Petróleos de Venezuela, also known as PdVSA.

The country’s budget deficit registers at 16.9% of gross domestic product, government figures show, above the mark of countries like Greece and Spain during the eurozone debt crisis. Venezuela’s foreign reserves fell below $20 billion earlier this month for the first time since 2003.

Despite Riches, Venezuela Starts Food Rationing
Government Rolls Out Fingerprint Scanners to Limit Purchases of Basic Goods; ‘How Is it Possible We’ve Gotten to This Extreme’

At the blogs:
Venezuela: Is Default Truly A Four Letter Word?

The pain from the China loans

The situation is quite simple. Because of the loans we signed with China – them paying in advance for future shipments in oil – the drop in oil prices means Venezuela doesn’t just sell each barrel for less money, it also has fewer barrels available to sell to the market. Venezuela’s downturn is therefore made all the worse by the ridiculous conditions the geniuses at PDVSA signed on to.

In other words, a bad situation is made worse, and the hit in our fiscal income is all the larger.

Sing it, guys!



Venezuela: Happy Halloween! Hugo Chavez M&Ms

Tuesday, October 21st, 2014

The M&Ms w Chavez image the cyanide pills. Savage capitalism. #F*ckThat I believe that coffee thing but this

How appropriate that, in keeping with a country doomed by the ghoulish chavista policies, someone came up with Hugo Chavez M&Ms in time for Halloween. Jaime Bayly had them,

Bayly says they are made in the USA, and calls it “a triumph of capitalism”. I find it vomitive.

As I understand it, Mars Corp. will personalize M&Ms, so apparently it doesn’t matter whose picture you send them as long as they get paid.

On the other hand, a bunch of dictator-themed M&Ms would be perfect for a house of horrors. You could do a Pol-Pot, Stalin, Marx, North Korea Kims, Fidel Castro assortment for a Communist theme.

In Venezuela, only the well-connected chavistas will be able to afford them, though. Everybody else will be standing in line trying to scramble a day’s rations.

Immigration: Obama to allow in 100,000 Haitians with no visas

Monday, October 20th, 2014

Hey, I know scientists with PhDs who have had to leave because their visas weren’t extended, but Obama is inviting in 100,000 Haitians to be your new neighbors, a move that will have disastrous consequences for Puerto Rico.

Keith Hoffler: Obama Quietly Begins Unilateral Immigration Reform

President Obama Friday made a downpayment on the sweeping immigration “reform” he is expected to unilaterally declare once the elections are out of the way, permitting up to around 100,000 prospective Haitian immigrants to bypass immigration law and enter the country.

The move, a typical Friday announcement designed to attract minimum notice, eliminated wait times for future Florida Democratic voters Haitians who have been approved to gain green cards in two years, allowing them to make their way to the United States beginning in 2015 instead and begin working if they want.

Their entry has to have been petitioned by “family” members already in the United States.

This will negatively impact Florida, but especially Puerto Rico’s ailing economy, which has a sizable Haitian illegal alien problem.

Obama is bypassing Congress since his priorities are clear. This statement from Deputy Secretary of Homeland Security Alejandro Mayorkas shows that the administration has its eye on rebuilding the Haitian economy, a foreign country, giving no thought to the ailing economy of Puerto Rico, a U.S. Commonwealth,

“The rebuilding and development of a safe and economically strong Haiti is a priority for the United States. The Haitian Family Reunification Parole program promotes a fundamental underlying goal of our immigration system — family reunification,” said Deputy Secretary of Homeland Security Alejandro Mayorkas. “It also supports broader U.S. goals for Haiti’s reconstruction and development by providing the opportunity for certain eligible Haitians to safely and legally immigrate sooner to the United States.”

But wait! There’s more!

Speaking to the Miami Herald, an administration official did not try to hide that the action was taken in lieu of legislation.

Comprehensive immigration reform would have solved this problem not just for Haitians but for all other nationalities who are waiting in the immigrant visa backlog because it would have substantially increased the numbers of family immigrant visas available and people would have been able to come in as permanent residents. As it hasn’t happened, we are proceeding with this program.

“For all other nationalities”? According to the House Judiciary Committee,

A similar program that reunited Central American children with their parents had a fraud rate of about 70%.

Ruling country by decree: a rolling disaster of President Obama’s own making.

[NOTE: There will be no Carnival of Latin America today since I'm still in the thick of moving.]



In case you missed them,

Wednesday, September 24th, 2014

madmen_iconYesterday’s podcast in Rick Moran’s show, Cry Havoc! And let slip the dogs of war

This morning’s podcast with Silvio Canto, Jr., US-Latin America stories of the week

Today’s article at Da Tech Guy Blog, Pretty good news from Latin America: the Pacific Alliance

TSA: Illegals without ID can fly with ‘Notice to Appear

Friday, August 22nd, 2014

Gateway Pundit has the story:
TSA Misled: Letter Confirms Illegals Allowed to Fly without ID, Just ‘Notice to Appear’

TSA gave the public a false impression. What TSA is saying is that the Notice to Appear is accepted when verified by ICE. But the verification is that a slip of paper was issued by ICE to an illegal alien whose identity cannot be verified by ICE. The illegal alien can give any name they want to ICE and be given a Notice to Appear. They themselves can be an undocumented terrorist or they can give or sell the I-862 form to a drug cartel or terrorist group so that they can penetrate the country beyond the border area.

Breitbart has the letter:

TSA Doc

Click on letter to enlarge.

Despite the letter’s admissions, the TSA had previously insisted that Darby’s report–which detailed the acceptance of Notice to Appear forms at airports–was untrue.

And how unique is the letter?

Hector Garza, a spokesman for the National Border Patrol Council (NBPC) told [Breitbart Texas Managing Director Brandon] Darby that Notice to Appear forms can “easily be reproduced or manipulated on any home computer. The Notice to Appear form has no photo, anyone can make one and manipulate one. They do not have any security features, no watermark, nothing. They are simply printed on standard copy paper based on the information the illegal alien says is the truth.

Meanwhile, you try flying without ID.

Related:
Rick Perry: It’s possible ISIS has crossed southern border

Because the border is insecure, Perry said that “individuals from ISIS or other terrorist states could be” taking advantage of the situation.

Illegal immigration: Just who is getting in?

Monday, August 4th, 2014

Yeah, yeah, the tens of thousands of illegal aliens coming in are all innocent minors escaping Honduran violence, and all that Democrats want you to believe. However, a leaked intelligence analysis from the Customs and Border Protection (CBP) reveals the exact numbers of illegal immigrants entering and attempting to enter the U.S. from more than 75 different countries:

Among the significant revelations are that individuals from nations currently suffering from the world’s largest Ebola outbreak have been caught attempting to sneak across the porous U.S. border into the interior of the United States. At least 71 individuals from the three nations affected by the current Ebola outbreak have either turned themselves in or been caught attempting to illegally enter the U.S. by U.S. authorities between January 2014 and July 2014.

SIGNS POSTED FOR ILLEGALS INCREASINGLY WRITTEN IN CHINESE
Illegals from China and over 70% of the world’s nations are flooding into America as its border collapses
I can’t tell if the sign above is in both Cantonese or Mandarin, but

“The Chinese are paying $50,000, the Indians are paying $10,000 to $20,000, [for] all the Central Americans the average is about $7,000 and the Mexicans are, especially [from] southern Mexico, are paying $3,000, so it’s a huge, huge money event for the cartels, probably even more lucrative than the drug business,” Dr. Michael Vickers of the Texas Border Volunteers told Infowars.

Victor Davis Hanson asks a few questions:

racist chauvinists who destroyed immigration law call others racists. But in fact the open-borders movement is race-obsessed to the core. Its message is anti-diversity, and anti-inclusiveness. Latino activists (in the age of the Redskins controversy, how has the racist rubric La Raza continued?) have essentially hijacked U.S. immigration policy and set the following parameters: almost all illegal immigration shall come only across the southern border from Mexico and Latin America. Almost all legal immigration shall be predicated on family ties, which ensures Latinos will be privileged over all other groups, regardless of skill sets or education. If one objects that such a de facto policy is ethnocentric and does not result in ethnic, cultural, or professional diversity, then he is rendered a xenophobe. Racialists through extra-legal means have expropriated federal immigration law. It no longer exists. The losers are the Kenyan dentist, the Filipino nurse, the Estonian doctor, the South Korean architect — any who are not Latino, any who do not break U.S. immigration law, and any who have  professional degrees and skill sets to offer America. How is that not biased to ignore all notions of diversity and meritocracy in favor of using only ethnic criteria?

Add to the list of losers the Latinos with professional and skill sets who have spent thousands of dollars and years of their lives to comply with U.S. immigration laws from the start; we are double-losers. We (I include myself since my grandparents and uncles complied with the law), like all other U.S. citizens, pay out-of-state tuition for their children while the children of illegal aliens don’t.

For the children.

Ecuador and the ‘straitjacket’

Thursday, July 24th, 2014

Many of you approaching retirement age may have read multiple public relations articles touting Ecuador as A Top Retire-Overseas Choice. Among the reasons listed,

– Ecuador uses the U.S. dollar meaning no exchange-rate risk for American retirees.

If that’s a reason for your relocation, don’t get packing yet: Rafael Correa has other plans,
Ecuador Weighs Escape From Dollar ‘Straitjacket’

Congress has until the end of today to vote on President Rafael Correa’s proposal to change the South American nation’s financial laws, which would allow payments in “electronic money.” Lawmakers are debating whether to insist the central bank back the new currency with a one-to-one dollar guarantee.

As a current-account deficit drains dollars from the economy, making it harder for Correa to fund a burgeoning budget gap, a new currency could be used to meet government payments, said Jaime Carrera, a former deputy finance minister and director of the Quito-based Fiscal Policy Observatory. It could also lose its value quickly if not backed by the central bank, he said.

You may recall, seven years ago

Rafael Correa said Ecuador’s economy will remain dollarized during his four-year mandate

Of course that was before he changed the constitution to allow for his “indefinite re-election.”

Much water under the bridge and many debts later,

Correa, who calls the South American country’s use of the greenback an economic “straitjacket,” has already started paying some pension obligations in government bonds, which brokers are refusing to redeem at face value.

Additionally, Correa wants to issue electronic money without explicit public guarantees.

I can’t wait for him to turn to bitcoin.

Too bad Putin didn’t include Correa in the upcoming BRICS bank.

UPDATE:
Linked to by Babalu. Thank you!

Venezuela: Looking for a bailout

Tuesday, July 8th, 2014

Venezuelan gov’t approaches world banks
Next October-November a very high concentration of the debt of the Nation and Petróleos de Venezuela (Pdvsa) will involve payment on account of amortization and interest for approximately USD 7 billion

Maybe they ought to consider auctioning the Matisse.

Venezuela Inches Toward a Single Exchange Rate

Rafael Osío Cabrices describes I escaped Venezuela for North America. Here’s how.

Empty hospitals, empty airports

Lying As A Revolutionary Way Of Life In Venezuela

Happy Independence Day!

Friday, July 4th, 2014

Immigration headlines today

Friday, June 27th, 2014

As we hear of immigrant stash houses Along Texas-Mexico Border
Some Smugglers Cram 100 or More Migrants Into a Decrepit House
, Nancy’s greeting the newcomers:

The Obama administration knew this was coming: On January 29 this year, the Department of Homeland Security was advertising for contractors to provide Escort Services for Unaccompanied Alien Children:

provide unarmed escort staff, including management, supervision, manpower, training, certifications, licenses, drug testing, equipment and supplies necessary to provide on-demand escort services for non-criminal/non-delinquent unaccompanied alien children ages infant to 17 years of age, seven days a week, 365 days a year. … There will be approximately 65,000 [unaccompanied alien children] in total.

As I mentioned before, acting by executive order is part of the plan.

Ace:

I don’t care if the next two years are a constant series of lawsuits decided by the Supreme Court — in fact, I’d prefer it.

Do they imagine they’ve got some advantage here, going into the elections, with hundreds of thousands of immigrant children now enticed to cross the border illegally thanks to their policies?

Neoneocon’s late commenter FredHJr had an observation that may shed some light on that,

Obama is part of a nexus of interests. What the American dopes who will put him in office are getting is a NETWORK of alliances and interests, running the gamut from Finance (Soros) to academia to media to law. Thus far, in order to appeal to the Middle Muddle he has been packaged as a moderate or centrist. But once in office the venomous swarm of this network will burst out of the nest and devour the host. You wait and see. And I’m not eager for the moment to say “I told you so.” I really would it be the case that it never happens at all. Why? Because the lives of tens of millions of human beings hang in the balance of this and mushroom clouds on the horizon. I put the value of human life far above my own frustrated rantings.

I leave it to you to ponder.