Wednesday, June 22, 2016

'At the limit,' Mexico buckles under migrant surge to U.S.

Mexico is struggling to stem the flow of Central American migrants traveling to the United States ahead of the U.S. presidential election, causing major concern in Washington, which is weighing sending more agents to help.
DYI Comments:  DYI's opinion oil/gas are in a secular bull market that is only temporarily derailed by economic and/or geopolitical events.  Oil prices bottomed inflation corrected in 1998 at $12.25 per barrel, today prices are hovering around $50.  308% increase!   Oil prices especially for Central American countries are inversely proportional to their economic growth.  In a nut shell, higher the oil price greater the devastation for their economies.  This is turn provides the seeds for social unrest leading to the rise of criminals, tin horn dictators, or just flat out anarchy.  These conditions will not improve until their populations have been reduced in relationship to the availability and cost of energy.  A massive diaspora has ensured Mexico and the ultimate destination the U.S. or any other country that have significant oil/gas reserves.  

Venezuela launches government food distribution program as residents turn to dumpsters for food

Amid widespread food and beverage shortages, Venezuelan dumpsters have transformed into grocery stores in the “socialist paradise.” This is what you get when you integrate central planning, price controls and wacko socialist leaders. 
According to a report from the Associated Press, many Venezuelan residents are turning to dumpsters and garbage bins to feed themselves and their families, and even consumers. 
In order to combat the food crisis, the Venzuelan government has established a food distribution program. President Nicolas Maduro announced that communal councils would distribute 70 percent of the nation’s food directly to family homes. 
We all know how well government food distribution programs work (sarcasm).
DYI Comments:  Here is a country with known energy reserves granted it is high sulfur or what is commonly called in the oil trade as "dirty oil."  It is much harder to refine, environmental problems, in other words far harder to sell in the world markets.  Be that it may Venezuela has reserves and could at least developed it for their own use to power their economy.  Venezuela was sold on the age old propaganda trick that you can obtain something for nothing by the means of socialism.  First by Hugo Chavez and then compounded by the current President Maduro.  How far will Venezuela degrade before a turnaround occurs?  If the socialist remain in power another Cuba will transpire and with it massive emigration the U.S. being the ultimate destination.  With a population at 30 million it would be of no surprise having that number drop by 10 million over the next 5 to 10 years if the socialist remain.

'We're living worse than in a war': Venezuela's deepening economic crisis

Critics have slammed president for embracing socialist blueprint instead of free-market policies

CBC News Posted: Jun 21, 2016 5:00 AM ET Last Updated: Jun 21, 2016 5:43 AM ET
The oil-exporting South American country is caught in a perfect storm of droughts, food and power shortages, and devastating inflation and recession caused by plummeting crude prices. 
DYI Quick Comment:  CBS don't forget insane government rules, regulations, and programs all in the name of socialism.  At least further into the article they do address socialism.  Good for you CBS.
While Maduro has blamed the downturn on an "economic war" he claims is being waged against his government by the political opposition, the private sector and Washington, his critics have slammed the president for sticking to Chavez's socialist blueprint instead of embracing free-market reforms. 
"Within 2½ years, Maduro has taken an unsustainable [economic] model and just ridden it right off a cliff," David Smilde, a senior fellow and Venezuela expert with the Washington Office on Latin America,previously told CBC News.

Lack of food and necessities 

The floundering economy has resulted in a shortage of basic supplies like food and medicine. 
Teacher Becky Jordan says you have to wait in line for hours for a loaf of bread, and live without essentials like soap and toothpaste. 
"Daily life has become increasingly challenging, difficult, frustrating, even humiliating," Jordan said. 
The government only allows people to shop one day a week at state-run supermarkets, with the day pre-determined by ID number.
DYI Comments:  That just says it all.  Government run supermarkets along with many other directly government owned enterprises all lacking in effienciancies which lead to price discovery. Higher prices along with property rights [socialism must end] will end food shortages and over time drop the cost of food.  This process if placed in all industries would revitilize Venezuela in 5 years after 10 years they would be noted as the economic tiger nation of South America.

If only Americans accross the board would reject socialism our country would once again be the beacon of hope.  The expression "The American way" would be synomous with free minds and free markets.

DYI   

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