What would happen if the richest two percent decide to form some type of association or union? What if this group that already pays half of all income tax revenue decides to go on strike? Will two percent of the population all be placed in prison? And if they were placed in prison, who would [...]
Incredibly, it happened again. President Barack Obama addressed the Nation and stocks dropped. This is about the 7th time this has occurred. Can one still believe this is purely coincidental? Let’s review the list once again with the addition of the stock market results after last night’s address.
The Day after the presidential election—the stock [...]
Antonio Caño (Brasil)
By will or by neglect – most likely the second reason – the government of Barack Obama has launched a major bubble of oxygen legitimizing Hugo Chávez’ cause and his policy for Latin America before it was even set.
Last week, amidst the whirlwind of events that were experienced daily in Washington, a spokesman of the [...]
Cashing in the fruits of rigour
LONG held up as a model of policymaking that others in Latin America and beyond should follow, Chile’s economy has recently seemed oddly lacklustre, with growth below the regional average and inflation stubbornly high. As a small, open economy it is uncomfortably exposed to the world recession—the price of copper, [...]
It appears as though each time President Obama addresses the public in some way, the stock market drops. Yesterday (February 23, 2009) at his Fiscal Responsibility Summit, President Obama spoke to Governors, financial experts, and Joe Biden in an effort to discuss demobilizing the Iraq war, improved accounting practices, and cutting the Federal deficit in [...]
Two months ago, the caudillo Hugo Chávez put into operation the roll of his government, and on Sunday he got the desired results: creating the possibility of becoming dictator for life in Venezuela, using one of the main instruments of democracy – the elections. The outcome of the referendum on the constitutional amendment displayed a [...]
DIARIO TAL CUAL
BY
Teodoro Petkoff
After illegally and unscrupulously spending billions of bolivars of the national treasury, after operating the most grossly advantageous campaign in the nation’s history, after blackmailing public employees and workers of state enterprises and the beneficiaries of “the missions”, and after violating the Constitution and laws, with shameless CNE and ignoring abuses of power, the “Chacumbele” amendment won [...]
Is it coincidental, or is the market reflecting the confidence level in the new administration?
The Day after the presidential election—the stock market fell more than any other day after a presidential election in history
The Day Obama took his oath of office–the worst inauguration day stock performance in US history
After Timothy Geitner described the financial plan–stocks tumbled
The day Obama [...]
Hugo Chávez: Man With No Limits?
By TIM PADGETT/ CARACAS
Gunmen have started dumping bodies down the hillside garbage chute in La Silsa. The slum, one of the poorest that ring Caracas, was crime-ridden when I was a teacher there in the 1980s. But residents like housewife Gladys Rodríguez tell me the barrio has become a killing [...]
Herber Koeneke, Doctor of Political Science, Simón Bolívar University, asserted that the election results affirm the recent loss of votes by President Chavez in areas considered as red; “Chavismo” did not have the expected number of votes.
The opposition increased its total vote and reclaimed areas; therefore, opposition caused Chavez a real loss there.
Koeneke believes that the referendum results [...]