ufnsherlockholmesANALYSIS

News and commentaries that reveal historical facts and trends that place current events into perspective and make it possible to anticipate future events.

video-icon_4-41-22_smallThe late Andrew Breitbart explains that the Frankfurt School started as a think tank in Germany prior to World War I. After World War II, it adopted an agenda to spread Marxism throughout the world. Most of the Frankfurt School settled in Santa Monica, USA, in the 1940’s, but were frustrated by the success of capitalism that surrounded them. In response, they developed ‘cultural Marxism’ which now we experience daily as political correctness and multiculturalism. Schools everywhere began teaching topics that pit Americans against each other. Saul Alinsky consolidated the philosophy into actionable rules, and many newscasters now follow those rules. Hoover Institute posted 2016 Dec 19 (Story)

Venezuela: Last week, the 100-bolivarnote, the largest denomination of currency in the country, was worth two cents on the black market and fourteen cents at the official rate. This difference encouraged speculators to acquire the bills in the black market and spend them in stores where prices are kept artificially low by government-fixed prices. That, in turn, led to product shortages and runaway inflation. Then President Maduro announced that these notes would be pulled from circulation in 72 hours and would be worthless after that. Millions of Venezuelans scrambled to turn in their cash in exchange for newly printed notes of much higher denomination, but the new currency never arrived at the banks. Maduro then announced that the old bills will be good until January 2nd.. By then it was too late. The people had been tricked into giving their savings to the banks. Maduro declared a ‘victory’, because the banks had gone from holding just 2% of the nation’s currency to a whopping 80%. Such is collectivism. The Guardian 2016 Dec 18 (Story) (Cached)
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video-icon_4-41-22_smallStefan Molyneux shows how socialist / collectivist monetary policies in Venezuela led to its current state with people starving in the streets. This is the most comprehensive analysis of the Venezuela tragedy we have seen – Molyneux is at his best. Stefan Molyneux posted 2016 Dec 18 (Story)