Ben Weingarten

Reader. Writer. Thinker. Commentator. Truth Seeker.

Tag: Wall Street Journal

Dennis Prager on the Self-Righteously Suicidal West and False Morality, the Disaster of Jewish Leftism, Intentions Versus Outcomes on the Left and Right, Western Values and Immigration, Social Media Censorship and PragerU


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My Guest

Dennis Prager (@DennisPrager) is a nationally syndicated radio host, columnist, author of numerous books, teacher, film producer and co-founder of Prager University — and these titles barely scratch the surface of his tireless and impactful efforts.

In a word, he has dedicated his life to advocating for Judeo-Christian and American values and principles across every medium almost daily to millions of people around the world with uncommon common sense, moral clarity and courage.

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Venezuela Isn’t Cooking The Books Under Mass Inflation. It’s Lighting Them On Fire.

America’s government has gradually watered down its economic data over time, thereby painting a rosier picture of conditions on the ground than actually exists. Consulting economist John Williams has dedicated his life in fact to exposing its manipulation of economic data and backing into the real numbers.

But you will know when America has really hit full on panic mode when the feds stop printing figures altogether, and the only way to measure price inflation is through tracking the daily price increase of say, cronuts, or some other confection.

This is the position sadly but all-too-predictably in which Venezuela finds itself today. Writes the Wall Street Journal:

On monthly trips to his native Venezuela, Miguel Octavio heads to the same restaurant for the cornmeal cakes he enjoyed as a boy known as arepas, which are a staple here. The price, however, is never the same.

Over nine months, the Miami-based financial analyst and blogger has recorded a fourfold increase in what he calls his Hyperinflated Arepa Index, a yardstick he created to trace soaring consumer prices in this economically crippled country.

President Nicolás Maduro’s government stopped publishing monthly inflation data last December when the level hit 68% annually, the world’s highest. With the Venezuelan economy worsening and the ruling party facing tough congressional elections this December, the central bank hasn’t reported inflation, balance-of-payments or gross-domestic-product figures all year.

That has prompted economists and analysts like Mr. Octavio to compile their own indicators, basing calculations on everything from anecdotal evidence to federal tax revenue to banking-sector loans.

We know that central planning fails, but in Venezuela the not-so-benevolent dictators must have done so on an epic scale if they are no longer cooking the books but rather lighting them on fire.

Why has Venezuela’s economic decline been so sharp?

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Hillary’s Hypocritical Fear Mongering on Voting Rights Ignores Her Party’s Past

“Republicans are systematically and deliberately trying to stop millions of American citizens from voting,” said email destroyer Hillary Clinton during a speech at the historically black Texas Southern University in which she played the race card expressed her deep concern about the state of voting rights.

Let’s leave aside Hillary’s fear mongering about a concern the numbers show has proven unwarranted, and neglect of legitimate concerns over voter fraud.

There are two points that ought to be made about Democratic opposition to Republican policies geared towards rooting out such fraud, and the broad-based argument that Republicans seek to suppress minority voters.

First, those Democrats who oppose anti-fraud measures are in effect supporting the suppression of legal voters of all races, whose votes are diluted by fraudulent ones. Stated differently, legal voters are actually the ones being disenfranchised in a system rife with voter integrity issues, not those required to display easily obtainable IDs used for all manner of everyday tasks.

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