Tag Archives: Theft

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Hugo Chavez confiscates private property as Venezuelan economy declines

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Bad news from Investors Business Daily.

Excerpt:

Acting like Robert Mugabe on cocaine, Venezuela’s dictator went on a shopping spree over the weekend, confiscating one farm and industry after another.

[…]One taking stood out, however — a 370-acre ranch in Yaracuy state that grows oranges and coffee and raises cattle with 38 shareholding farm workers. The scenic property on an otherwise desolate stretch of highway is owned by Diego Arria, Venezuela’s former president of the U.N. Security Council. It’s been in his family since 1852.

Arria had spoken out against Chavez, so Chavez got personal. “If he wants to farm now, he will have to topple Chavez, because this now belongs to the revolution,” El Presidente pronounced.

Arria told IBD he’s been pressured for two years with acts of vandalism and the kidnapping of farmhands. A month ago, Chavista Ministry of Culture operatives approached him in Norway, demanding that he quit criticizing the Chavez regime. If he didn’t “play ball,” he’d lose the ranch, Arria was warned. “But I never negotiate with thugs,” he said.

Chavez’s red-shirts finally acted over the weekend, opening the farm to “the masses” in a show of class warfare. Chavista leaders from the National Institute of Lands headed first to Arria’s living quarters, rolling over his bed, pawing through his wife’s clothing and desecrating a chapel dedicated to the Arrias’ late daughter.

For their big photo spectacular, they hauled in 300 or 400 children to swim in Arria’s swimming pool, ride the ranch horses and tour the main house — encouraging the kids to take “souvenirs.” Chavez said it was all proof he was “socializing happiness.”

Business Week explains what happens when a socialist tyrant like Chavez destroys the right to private property and confiscate profits from business owners.

Fitch Ratings cut its Venezuelan economic growth forecast by more than half on concern this month’s currency devaluation will spur inflation and erode consumers’ purchasing power, said analyst Erich Arispe. Venezuela’s gross domestic product will expand about 0.7 percent this year, down from a previous forecast of about 2 percent, Arispe, who covers the Andean region for Fitch, said in a telephone interview from New York today. He estimates the South American nation’s economy shrank 2.5 percent in 2009.

[…]President Hugo Chavez has threatened to seize businesses that raise prices following the devaluation of the official exchange rate of as much as 50 percent. Trade Minister Eduardo Saman said yesterday the government began to expropriate six Hipermercado Exito stores after Chavez said the French-Colombian owned retailer broke the law by raising prices.

[…]Morgan Stanley said yesterday that Venezuela’s inflation rate will surge to 45 percent this year from 27 percent last year, which was the highest rate among 78 economies tracked by Bloomberg. A 45 percent increase in consumer prices would be the biggest since 1996.

[…]The devaluation comes at a time when Venezuela began rolling blackouts this month for two to four hours a day to save power as the worst drought in 50 years threatens to shut the nation’s biggest hydroelectric plant and collapse the power grid.

If you attack business like this, you lose jobs. Entrepreneurs shut their businesses down when they have to take losses because government inflates the currency. It’s madness. It’s like asking someone to make gold out of straw, and whipping them when they can’t. But that’s socialism. And Chavez isn’t any different from any other socialist. The whole system doesn’t work. And this is what you can see today in places like North Korea of Zimbabwe. Or Greece and Venezuela, if you like.

I have to post this picture of Obama and Chavez. You know the drill.

Hey Obama! I think there's a point when people who disagree with me have made enough money!

It’s coming.

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News

ACORN sues whistleblower for exposing their secrets

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Let’s learn about ACORN

In case you don’t know anything about ACORN, Michelle Malkin can introduce this organization. (post dated June 20, 2008)

Excerpt:

The radical left-wing, government-subsidized group ACORN uses your tax dollars to engage in voter fraud, enrich itself as part of the mortgage counseling racket, and serve as an activist branch of the Democrat Party.

There’s more. Ashley Eiler e-mails about a new report: “The Consumers Rights League just released a collection of whistleblower documents from an ACORN staffer that raise some new concerns about how the organization has established policies for its housing counselors to use undocumented / under-the-table income for processing loan applications from low-income individuals. In addition to pushing these and other exotic loans, the documents reveal that ACORN has engaged in some apparently illegal activities by commingling government funds from its tax-exempt offshoot entities to fight political battles against corporate lenders. ”

Who has close ties to this suspicious group? Is it Dick Cheney?

Obama’s close relationship with ACORN

Michelle Malkin can tell you all about Obama’s close ties with ACORN. (post dated June 25, 2008)

Excerpt:

Who in Washington will fight to ensure that your money isn’t being spent on these radical activities?

Don’t bother asking Barack Obama. He cut his ideological teeth working with ACORN as a “community organizer” and legal representative. Naturally, ACORN’s political action committee has warmly endorsed his presidential candidacy. According to ACORN, Obama trained its Chicago members in leadership seminars; in turn, ACORN volunteers worked on his campaigns. Obama also sat on the boards of the Woods Fund and Joyce Foundation, both of which poured money into ACORN’s coffers. ACORN head Maude Hurd gushes that Obama is the candidate who “best understands and can affect change on the issues ACORN cares about” — like ensuring their massive pipeline to your hard-earned money.

…For excellent background on Obama and ACORN, see Stanley Kurtz’s NR piece here, plus City Journal pieces here and here. Also here and here.

This article has some startling numbers on ACORN’s operations.

How is ACORN funded?

ACORN is funded by taxpayer money, and Obama’s porkulus bill included 4.19 billion dollars for his former employer. (post dated January 26, 2009)

Excerpt:

House GOP leader John Boehner’s office reports that the left-wing voter fraud/illegal alien/housing entitlement racketeers at ACORN “could get billions” more in federal taxpayer funding from the Democrats’ stimulus bill.

Remember, these guys are accused of voter fraud, and they are being asked by Obama to go door-to-door to assist with the US census. I’m sure they will not use that opportunity to commit more voter fraud. Not at all.

ACORN sues whistleblower

Remember that whistleblower that I mentioned earlier? Michelle has the latest news.

Excerpt:

The White House is on a witch hunt against inspectors general who blow the whistle on waste, fraud, and abuse of taxpayer dollars.

And now, taxpayer-subsidized ACORN affiliate Project Vote — where President Obama cut his teeth as a community organizer and learned Leftist intimidation tactics up close and personal — is going after whistleblower Anita MonCrief and an anonymous “John Doe” defendant for posting invaluable documents that reveal the money-shuffling racket.

Obama. ACORN. Project Vote. Corrupt birds of a feather bully together.

The scoop: Project Vote has filed a federal lawsuit against MonCrief for blogging about her experience and knowledge of the non-profit 501(c)(3) organization’s partisan and political activities, including coordination with the Obama campaign. Project Vote seeks compensatory damages and exemplary damages “of at least $5 million” and all costs and attorney’s fees on trumped-up charges of “trademark infringement” and publication of “trade secrets.”

Should we be surprised that the left is willing to bully and intimidate people for exposing them?

ACORN was instrumental in causing the current recession by suing banks so that they would be forced to make loans to people who would never be able to pay the money back. Remember, Democrats caused this recession and Republicans tried to stop them.

News

CRISIS! British politicians caught abusing expense accounts

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I remember when Stephen Harper took over from the corrupt left-wing Liberal party in Canada, the first thing he did was to pass the Federal Accountability Act, which requires all expense claims to posted on government web sites for the public to see. Conservative MPs could be seen having business meetings at Subway, while Liberals bilked the public for thousands for various junkets. I was so happy for the Canadians.

But the Conservative Party isn’t running things in secular socialist Britain…

Muddling Towards Maturity posted on the whole sordid story, which appeared in the National Review.

David Pryce-Jones writes:

It turns out that the Blair-Brown Labour government could not bring itself to raise salaries for MPs, but instead set up “the system” of allowances that were privileged and kept secret. An MP could claim thousands of pounds more or less on his own say-so, with shaky receipts for dubious expenditure, and the result is that some have built property portfolios worth a million pounds or more.

…Supervising this milking of “the system” was Michael Martin, the Speaker. In the early days of Tony Blair, this man was press-ganged into a job for which he was unfit. An old hardline socialist and trade-union man, he saw himself as defender of entitlements rather than liberty and proper government. He put in outrageous claims for himself and his wife. He did his very best to suppress information about the embezzling and spivery going on under him, in the classic manner of a trade unionist getting whatever he could for his comrades.

READ. THE. WHOLE. THING.

And Muddling also linked to this updated story in the New York Post, entitled “The Mother of All British Scandals”.

…A government minister, one of the richest men in the House of Commons, claimed $150,000 from the taxpayer to finance the mortgage on a “second home.” (He already had seven.) A leading Tory repaired the moat around his stately home on expenses.

Sometimes, the claims were trivial and comically embarrassing: tampons, diapers, the repair of leaky pipes, ice-cube trays ($2.50), hair straighteners ($150) and Scotch eggs ($1.25). Taxpayers unknowingly rented two pornographic movies for the husband of another Cabinet minister. A Tory spokesman on “skills and education” hired an electrician to change his light bulbs. (Cost to the taxpayer? About $225.)

The worst claims bordered on the fraudulent — and some stepped over that border. One MP claimed mortgage-interest payments of about $17,000 on a house that had no mortgage. Another took $55,000 in expenses on a necessary “second home” near Parliament, when his primary home was only a few hundred yards away.

Many MPs “flipped” — i.e., changed their homes from primary to secondary in order to receive second-home allowances. One MP flipped three times and got more than $150,000 of public money.

…Prime Minister Gordon Brown claimed $8,000 to pay for his brother to clean his London apartment. My favorite example, though, is the case of Sinn Fein MPs from Northern Ireland who claimed about $750,000 in expenses to attend a Parliament that they refuse to attend on principle.

This is absolutely amazing. Read the whole thing!

Ed West has more on this story. First of all, the British government hands out taxpayer money to lobbying firms, in order to be lobbied for policies they really want to enact anyway. And here, he talks more about solutions to the problem of government entitlements.