As Socialist Support Soars In America, The Price Of A Cup Of Venezuelan Coffee Reaches Historic Threshold

Authored by Benny Johnson via The Daily Caller,

There is a resurgence of socialism and socialist ideals within the modern Democratic party.

Democratic socialist Alexandria Ocasio-Cortez stunned the political world, in particular the rank-in-file Democrats, by defeating incumbent Joe Crowley in Tuesday’s New York primary.

The Ocasio-Cortez win signaled the ever increasing leftward swing among national Democrats, a party undergoing a power struggle and identity crisis after Trump’s election victory in 2016.

The election of 2016 also saw Democratic Socialist Bernie Sanders win a stunning amount of support among the liberal base. Bernie won a groundswell of states in his populist run against Hillary Clinton, but was ultimately undercut by DNC superdelegates.

The platform Ocasio-Cortez ran on mirrored Bernie’s 2016 platform, calling for nationalized health care, universal jobs guarantee and getting America to 100 percent green energy.

Many of Ocasio-Cortez’s ideas also mirror some of the policies of the socialist countries of latin America.

The socialist dictatorship of Venezuela has been in a slow motion free-fall for years.

The country and currency are crumbling and the most basic resources are becoming impossible to find.  Bloomberg reporter Joe Weisenthal noted today that a cup of coffee now cost 1,000,000 Bolívars in Caracas as rampant inflation explodes.

For those that are counting that is an annual inflation rate of 43,378%! (And if you examine a snapshot of the past three months and project that pace out to a full year, it paints an even grimmer picture: inflation of 482,153%)

Source: Bloomberg

And yet, as Bloomberg notes, at the same time, one million bolivars is really nothing. When converted into dollars, it comes to a mere 29 cents.

This contrast - a coffee burns through much of a worker’s entire monthly wage but costs just pennies - illustrates the devastating effects of the government’s frantic money-printing policies and how they are sinking the country deeper into poverty.

 

Coffee is just the tip of the iceberg for problems the socialist country is facing.

A dire warning sign.

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Comments

Kafir Goyim Fri, 06/29/2018 - 19:12 Permalink

I find myself on the same team as Bill Maher.  I want an economic crash too.  I would prefer it happens in 2020, after the election, and he wants it now, but we both want the same thing.

Maher wants it to funnel in an era of socialism, and I want it to teach socialists that the world is hard and there are not infinite resources available for them to squander.   I wonder which one of us will get the result they hope for?  As I look at Venezuelans, still voting for Maduro, I fear it may be him.

Bubba Rum Das American Snipper Fri, 06/29/2018 - 20:11 Permalink

Unfortunately, the Zionist Talmudic Khazarian Jews are currently playing the role of the Nazis in today's world; invading & claiming a country with the excuse that they have a 'Historic Right' to it (even though they are NOT the Sephardic Jews who originally inhabited Judea pre-christ, but Nomadic Turks who converted to Judaism in 700AD)...

Yes, Eastern European Kahazarian Jews, who bribed the British Empire (Balfour decision), to occupy Palestine & basically enslave, steal land from & murder the original occupiers, even discriminating against the Sephardic Jews who were currently living there when they invaded Palestine...
I'm sure Adolph Hitler would firmly approve of their logistics & tacticts involved, about as Nazi like as you can fucking get.

By the way, I am genealogically considered a Jew; from my Mothers side; However, I am not so blind or immoral that I do not know right from wrong.

In reply to by American Snipper

The Ram philipat Sat, 06/30/2018 - 08:24 Permalink

Socialism, quite unfortunately, is a phase that many countries must travel through to get back to a more capitalistic and productive society.  Many millenials and boomers have been spoiled by decades of 'relative' affluence, and now they have this crazy notion that everyone should be taken care of and it is ok to steel from the productive to give to the nonproductive.  It looks like America is about to go through her socialistic phase.  The problem is that it may take 20 years before the reset has taken place and worked its way through the culture as we return to freedom and the rewarding of the producers again.  But yes, America is no exception to historical cycles.  Very sad.

In reply to by philipat

dirty fingernails wadalt Fri, 06/29/2018 - 19:58 Permalink

Pro tip: if you are so sacred of socialists that the mere threat gets you pissing down your leg and frothing at the mouth, the solution is to fucking rein in the 1%. At the rate the 1% are pooling wealth, socialism is the natural correction.

Warning: this is an over-simplified comment, so no need to demonstrate how upset you can be. Thanks.

In reply to by wadalt

dirty fingernails Dancing Disraeli Fri, 06/29/2018 - 20:26 Permalink

If I check my Conservative Talking Points Bingo card, it looks like you missed 3 or 4. Tsk tsk.

 

BTW, Trump is *not* trying to rebuild the middle class. He is sucking more resources from the world into the seat of the US Empire in order to shore up the systemic rot. It's Empire Building/Restoration. Sure, it might benefit the middle class, but that will only be by accident. Neofeudalism is the end game.

In reply to by Dancing Disraeli

dirty fingernails Dancing Disraeli Fri, 06/29/2018 - 22:26 Permalink

The left controls the colleges. Both sides cause the other to get more extreme. Both sides are digging in and not listening anymore. Both sides need to relearn empathy and to walk a mile in the other's shoes. Respect is earned and there is no better way to earn respect for someone than to carry their burdens. Sorry if that sounds too "lefty" for you, but that is the truth. Shouting obscenities at each other, calling names, and treating each other's fears, dreams, and complaints flippantly, does nothing but feed the anger and fear. Do you seriously think that a civil war will fix anything? If you do, you might want to take a look at the results of civil wars. Also, it's *always* a strategic blunder to underestimate one's opponents.

In reply to by Dancing Disraeli

vladiki Dancing Disraeli Sat, 06/30/2018 - 02:14 Permalink

ZH  is loopy about socialism.  Uses it as a term of abuse. As if Scandinavia and the imbecile military dictatorship in Venezuela had anything to do with each other.  That's as embarrassingly silly as the old Chinese "Capitalist running dog" routine. 

THE U.S. IS SOCIALIST ALREADY.  Everyone having a hard time expects Washington to help them up ... and this applies even to the capitalist heart: WallSt.  It got itself in a terrible hole, faced extinction, threatened the While House with Armageddon, and was rescued with a govt bailout WHICH IT LOOKS LIKE WILL NEVER BE REPAID.  Every group you can think of has a hard luck story and doesn't just request public help, but demands it!   We're in denial about all this, and with the other half of our heads pretend we're strong and free and stand on our own two feet. So Washington pays out the freebies, we wn't pay the taxes to pay for them, so Washington puts the gap on the credit card, and the Fed debt rises a trillion a year.

We have to get our heads out of our arses on this, and either stop the freebies or shut up and pay the taxes to fund them. The status quo is embarrassing, unworthy and unsustainable.  Whether the current US self-declared Socialists are sensible or idiots is a separate question.

 

In reply to by Dancing Disraeli

philosobilly dirty fingernails Fri, 06/29/2018 - 20:53 Permalink

whoa whoa whoa their big britches. you have never experienced non socialism, therefore the evil 1% as you call them are part of the socialist system not the opposed system. they are a natural occurence because of socialism not in spite of it, i mean really if it was in spite of it you commie fucks would probably just send them to the gulags, like you have for all of human history.  you want socialism, you freeloading fucktardfag, you got it real nice and hard, so stop hating on those of us that have found a way to exploit the system you seem to fight for better than you...........................mic drop, bitch

In reply to by dirty fingernails

dirty fingernails philosobilly Fri, 06/29/2018 - 22:32 Permalink

Wow, somebody finished their Geritol! Spare me the "pure capitalism" wankfest. Despite your assumption, I'm not a socialist. I do believe in sharing the excess that I produce, and don't sell, but you can continue to pound those big assed 25LB overgrown zuchini up your ass, and I could care less. They are yours to enjoy. I prefer eating them, but I'm not judging you. I feel it is my duty to give back when I am rich, even if nobody accepts what I am rich in.

Soon the flood of zuchini begins. Beware!

In reply to by philosobilly

dirty fingernails philosobilly Fri, 06/29/2018 - 22:41 Permalink

So you don't understand the difference between socialism and communism. Great.

Go look up where the wealth has pooled since the 1970's. Go look at a non-right wing nutter review of "trickle down economics". Go look at who owns the majority of stocks. Go look at how much money has been dumped into the stock market to inflate asset prices. These are the people who are getting even richer on our greatgrandchildren's labor. That is where the money the gov keeps borrowing is going. *That* is how they are socialist. The privatize the profits and socialize any losses or costs.

In reply to by philosobilly

dirty fingernails InnVestuhrr Fri, 06/29/2018 - 22:46 Permalink

Why? If they aren't demanding your stuff, who gives a shit if they share a toothbrush or their cash? You "rugged individualist" ideologues are gonna find out the hard way that shared labor is how we got here. You were paid in meals, alcohol, and reciprocal labor. A LOT of farm jobs require more hands than you normally need.

As soon as they demand your property after you have said no, by all means, escalate as needed.

In reply to by InnVestuhrr

gammab0y dirty fingernails Sat, 06/30/2018 - 04:22 Permalink

Mr. Fingernails, as I have been scrolling down the ZH comments, you are everywhere today.  And good for you for being passionate in defending your ideas.  You make a couple of good points, especially that socialism for Wall St. already effectively exists.

But most of your comments have been incoherent.  Which is my experience with socialist ideas in general.  They are passionate, fair, inspiring and sound great in bites, but they completely fall apart when implemented with humans.

In reply to by dirty fingernails

new game HRH of Aquitaine 2.0 Fri, 06/29/2018 - 20:13 Permalink

socialism is the get even answer to being fuked by crony fascism, democratically speaking.

never enuf free shit for freeshitters, plus they will vote for moar freeshit. at this point i don't really care

as it is inevitable, as bernie would have won. trump is an anomaly. enjoy the hope for change. it will never

stick and all be overturned by exec. order when the new socialist party wins hands down...

unstoppable shit maynard...

 

In reply to by HRH of Aquitaine 2.0

HRH of Aquitaine 2.0 Number 9 Fri, 06/29/2018 - 20:20 Permalink

Or one of these freshly minted socialists will expropriate your rig, outright; tax you to death in order to actually use it; or demand that you do a loop and pick up people at the bus stops for five hours a day. Then you get a sticker to use your vehicle for what you need to get done.

These losers never get it. Not until they have destroyed a country and starved 50 million people. Fucktards. I hate communists.

In reply to by Number 9

HRH of Aquitaine 2.0 Number 9 Fri, 06/29/2018 - 20:31 Permalink

They think they deserve what you own. That spare bedroom? Great! You now get to house a refugee!

Extra food or stuff in the garden! Great, they get it and give you back what they think you deserve. Not nice to them? They take it all and let you starve.

Nice young daughter? Pretty? Good! She gets to service the top apparatchik or the whole family starves.

People don't understand how this works once these people have power over you and your life and what you own. They don't want a little bit of power, they want the right to utterly destroy you, destroy your family and if you end up as worm food or your daughter is a whore? They don't care.

In reply to by Number 9