US Action News

Venezuela’s President Hugo Chavez intends to inject new urgency into his socialist and anti-imperialist revolution, claiming “capitalism is destroying the world”. Sounds like Obama White house top visitor Andy, ‘workers of the world unite’, Stern. Privately owned enterprises are now being expropriated with increasing frequency – sounds just like the US.

China says a North Korean border guard shot and killed three people on the Chinese side of the border last week.

How ironic that China, of all nations, would establish a national holiday to champion the very same asset that they strive to control through forced abortion and sterilization. In fact, yesterday at a Congressional hearing, Rep. Chris Smith (R- NJ) reported that up to 35,000 forced abortions are performed daily in China, all because of the One Child Policy.

Venezuela, Argentina and Brazil all have deals with China to supply oil in exchange for loans. While it remains unknown at what cost to US interests China’s strategic partnerships with Latin America will have in the long-term, it behooves Washington to engage Latin America and maintain friendships throughout the region as the power gravity slowly shifts east.

Today, a large part of the Latin American continent is in danger of collapsing into a situation that fluctuates between totalitarianism and anarchy; between authoritarianism and chaos. The region is also in danger of falling under the strange influence of insurgent and terrorist groups, drug cartels and distant countries that historically have been poles apart from the region’s culture and civilization (mainly Iran, China, and perhaps Russia). Soon, we will wake up to the day where we will find the nightmare not in Iraq or in Central Asia, but right here in our own backyard.

As the market slides into correction territory, Roubini said weakness in euro zone countries and a slowdown in the US and other developed countries will make things even more difficult for investors in the months ahead.

In a letter to Assistant Secretary of State Michael Posner, the senators said that he “seemed to imply” during the recent U.S.-China Human Rights Dialogue that Arizona’s law “is morally equivalent to China’s persistent pattern of abuse and repression of its people.”

In a continuing bashing of America, an Obama administration diplomat brings up Arizona immigration law as example of US ‘problems’ on human rights – to China!

Talking about communism is similar to talking about socialism, for communism is only an extreme form of socialism. After the fall of the “Berlin Wall” in 1990, many thought communism was dead and could be relegated to the “dustbin of history.”
However, is communism really dead?

China’s decision to sell nuclear reactors to Pakistan, which has not signed the nuclear Non-Proliferation Treaty (NPT), is posing a challenge to the Obama administration’s commitment to curb the spread of nuclear technology.