Venezuela on the brink of chaos

As of this evening 219 Mormon missionaries have been evacuated from Venezuela. The country's president, the dictator Hugo Chavez, refused to extend visas. President Chavez also claimed that the US based New Tribes Mission, a group who also had missionaries in the country, was in bed with the CIA.

Anyone who reads the news on this recent event should realize this fits hand in glove with communism. The communist state, no matter what country it will exist in, must close off religious freedom and the arts. The reason is that both institutions of expression are a threat to stranglehold of communism. Both give an opportunity of an exchange of ideas whereby the role of big brother government may be questioned. However the attempts to silence these groups is proof to anyone who supports (once known as being a communist sympathizer) communism that in the end it is doomed to fail. It may take 100 years or a few decades but communism always implodes. With the advent of the internet the citizens of a communist state will learn of freedom and desire choice. This is a fundamental that cannot be denied.

While in college the infinite speculator's classmate who was originally from Lithuania explained the fall Russian communism with one word-Levis. He explained that people saw Levis, wanted Levis and could not get the product. When they realized such items as bread and vodka were in ample of supply but not simple denim jeans, they began to question their future. When it was further revealed that Moscow had done a fine job of subsidizing wheat farmers, because the only purchaser of the grain was the government and then commodity was flipped to the open market for hard currency; all hell broke loose.

One would think that after fall of communism in Russia and their former satellite nations, along with the starvation of North Korea and the capitalist change saturating China, that Chavez would take note. However this is rarely the case. Communism, in theory, is a good bill to sell to the citizens. In the case of Fidel Castro and Cuba, if that bill isn't purchased then mass butchering will transpire.

The fact that the missionaries have bolted is a sign that Chavez is planning or implementing another phase. A clamp down for further control. The concerns should be international companies with a presence in Venezuela. Woe to any firm and the citizens of Venezuela.

Summing this piece up, one should consider the backgrounds of Castro, Chavez, Kim Jung-il of North Korea and the Godfather of state himself Karl Marx. Each of them from choice backgrounds, educated and often times with politically connected families. Funny how their espoused their theories later in life came not from their background but from ego-driven illusions of grandiose. Their forced policies having no relevancy on their lives.

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Market stuff-The Infinite Speculator recently read in a piece by Motley Fool, a conventional thinking bunch the author doesn't subscribe to, that financial sector stocks may have been 'oversold'. They pulled Bank of America as an example, an issue the author owns. B of A (BAC), Met Life (MET) and the XLF (S&P financial sector) all part of the Speculator's financial section of his portfolio along with i-shares and ETFs representing Asia. The Speculator is still trying to find a way to be exposed directly in Vietnam, more on that country later.

InfiniteSpeculator.com

Summing Up Harriet Miers and The Republican Divide

The Infinite Speculator has previously pondered both the Harriet Miers nomination to the US Supreme Court and what he sees in the Republican party. The rumor mill from DC is stating Miers may withdrawl from the proceedings. Whether she does or not there isn't much of chance for passing questioning she will ultimately face.

What will happen if she does or does not withdrawl? Both can be answered by the following. Bush will return with another nominee. One name stands out and that is California Supreme Court Justice Janice Rogers. Despite being qualified for her position she endured the partisan filibuster set forth by the Democrats. Another name is Attorney General Alberto Gonzales. The latter is perceived as 'too controversial' although equally qualified for the position of a Supreme Court Justice. The Infinite Speculator that whoever is selected by President Bush will be a minority (either Black or Hispanic) and more than likely a female.

Now why do I make such a prediction? Plenty of Dems will campaigning in 2006. Bush will force them either to vote and approve of his nominee or they can go home to explain to their constituents why they disapprove of the selection. This is the party that is perceived to represent minority voters and female causes. However when push comes to shove they will find themselves in an abyss with a tough decision-favor a qualified candidate who is a minority or in essence admit by not favoring that they do not truly represent minorities and women. Where will Jesse Jackson and his ilk stand in this quagmire. This is one more stepping stone that ensures that the Dems as a serious political influence are on the way out.

This prediction is the only viable analysis of President Bush's actions. The conventional thinking media and pundits cry 'cronyism'. The Infinite Speculator suggests removing the obvious and playing a game of scenario analysis. One of the core principles behind the support for President Bush by the masses is because he more or less promised the public he would correct the current path of the Supreme Court to rule by political activism and get back to The Constition. This likely scenario I have just laid out cannot be denied.

If the prediction for the Dems appears dismal take into consideration The Speculator's prediction for the Republicans. The Miers nomination has created a divide between the religious right who are strong supporters of Bush and traditional Reagan-style conservatives. Additionally your author can see Traditional Republicans picking up additional support from Libertarian party voters. In the next few years the political influence may be something in order of Traditional Republicans with 40-50%, the Religious Roght with 30-40% and the Democrats possibly holding on with 10-20%. It is quite possible, just review the political histories of many European countries and consider that at one time the US had other political parties such as Anti-Masonry and Bull Moose parties.

Thanks
Infinite Speculator

Corp incompetence and further political predictions

I am sure many of you are aware of the recent bankruptcy filed by Delphi. The company specialized in auto parts and was previously a subsidiary of GM. I have to wonder if GM was their primary client and when they predictably hit the skids, in the wake of increasing labor costs and losing market share, did they just bring Delphi with them. Both CitiGroup and JP Morgan allowing restructuring of Delphi's debt. I have to wonder, since this is felt in some way or another to all US citizens, did the banking giants conditioned the terms on either the labor union contract or completely dumping organized labor in general. Hell this is what helped kill the American auto industry period.

Well in typical scumbag-selfish fashion the United Auto Workers union (UAW) had decided to strike Delphi! The company's largest manufacturing plant is located in Buffalo, NY (a city that was built up by and has since been destroyed by organized labor). The basis for the strike-fear they (labor) would be cut out and are part of the re-financing terms. Well guess what Karl Marx wannabes-you are the reason why they are filing to begin with. Maybe they should shut down completely, relocate to the southeast or how about Vietnam? Personally I hope every card carrying UAW socialist finds themselves out of a job and sleeping on a park bench in the middle of Buffalo's notorious winters. Then maybe they can understand the concepts of gratitude, work ethic and personal responsibility. Should it matter? The infinite speculator understands that less than 20% of the workforce is organized as such and their numbers are dwindling. The Democrat party, another has-been instititution, is their only defender and they too are losing ground.

However another gripe has to sit at the feet of GM. The former owner of Delphi, has to make their customers, employees, competitors, creditors and most especially their stockholders wonder. The infinite speculator has yet to determine why GM, back in 2000, began negotiations to purchase Italian automaker Fiat. In the end GM paid through the nose, nearly a billion US greenbacks, to finagle their way out of the agreement. The EU was all too glad to 'enforce' and put pressure on GM to abide by the agreement, obviously their socialist eyes wide and anxious with dreams of future tax payments.

Well the question isn't why the EU got involved or if the fine would more than likely band-aid their impending doom into obsoletion, no the question is why had GM initially become involved with Fiat. Here is a company (Fiat) that has been losing marketshare, probably saw their last profitable year when bell bottoms were fashionable and was losing their domestic market share. Now once again why was GM even considering negotiations with this company? Throw this in with the poly cartel function of the EU and you have a recipe for disaster. Stockholders are you out there?

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Bouncing off my prediction that the Dems better allow a smooth time for Supreme Court nominee Harriet Miers lest they prepare to explain to voters in the 06 election year. The infinite speculator is going to go out on a limb and make another prediction, with this recent uproar with the Miers' nomination it has assisted with the crystalization of the following: Ten to twenty years from now the Democrat party will no longer exist. Oh it may on a very small and minor function, possibly holding 10% of the political influence in the states. The Republicans will split into two parties-one representing traditional small government market friendly conservatives and the other hard right evangelical Christians concerned with right to life issues. The Libertarians will attach themselves with the first rather than the latter.

Don't think this is possible or is inconceivable? Don't be so fast with your reaction. No, go back and review the political history with many European nations or even Asian nations for that matter. The whole reason why parties split is because of fundamental differences and political gain. The Democrats have totally lost it, drifting on a ship without a destination and watching as supporters scream mutiny. The Republicans have it all but many have appeared to have forgotten on their core roots.

Thanks
Infinite Speculator

Poland, Turkey and The Supreme Court

Your author has previously discussed the changing political climate, the move towards the conservative politicians, who favor tax cuts and a desire to attract foreign investment. Just today the following occurred:

WARSAW, Oct 5 (Reuters) - Dell Inc. (DELL.O: Quote, Profile, Research), the world's largest personal computer maker, is in talks to build a factory in Poland but no decision has been taken, an official said on Wednesday, denying a report that a site had been chosen.
"I would like to deny the rumours that Dell has already decided on Poland, or any location in Poland," Sebastian Mikosz, deputy head of investment-promotion agency PAIiIZ, told reporters.
"This has caused a problematic situation -- today I was informed that Dell is thinking of breaking off talks due to the media storm that has resulted," he added.
Earlier on Wednesday daily Gazeta Wyborcza said, without citing sources, that the company planned to open a 120 million euro ($143 million) computer assembly plant that would employ 3,000 people in the central city of Lodz.

Last month Dell Chief Executive Kevin Rollins had said the company would announce within months a new manufacturing site in Europe.

He did not say where the new factory would be, but said Dell preferred to make computers near to important sales markets, rather than pick locations solely based on costs.
Lodz, Poland's second-largest city and home to the country's struggling textile industry, has been seeking to attract international technology firms to revive the local economy
© Reuters 2005. All Rights Reserved

Now don't let the fact that the deal is facing a perceived setback but rather that an international company has been eyeing Poland. When was the last time this occurred for Poland? Long live the death of communism.

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Talking Turkey-As previously mentioned the EU needs Turkey and Turkey needs the EU. Since The Netherlands and France declined approve of the new EU constitution, the organization's creditibility of the organization is in question. Then there was the numerous sanctions imposed by member countries against other upon the realization that some had fell out of the requirements. These fines and sanctions then were lifted and nothing was enforced. In other words there was no true authority within the group.

Turkey internationally tested the remaining creditibility of the group with regards to their admittance. In the past their two most noticeable dissenters have been Greece, over the issue of Cyprus and France, over the issue of human rights. The Cyprus issue has been pushed to the backburner. Your author will go out on a limb and discuss what may the underlying reason for France's opposition.

Turkey has been seen as a country that would be attractive to foreign investment and France is not. Turkey will, as it has in the past, connect the West and East. This will provide endless opportunities for entreprenueralism to thrive. In France, being brutally honest, the menial jobs are found in their growing Muslim population. This is common for most immigrant, eventually climbing the socio-economic ladder as they become assimilated. Turkey is predominantly Muslim. With this being said a scenario where France sees a mass migration of the Muslim immigrant to Turkey is quite plausible. Why would a first generation Muslim immigrant stay stagnant in an old economy such as France when they could have a serious chance of achievement in Turkey? France then must ask themselves, "Who will work these menial jobs?". Who will be wait on the tables, drive cabs and sweep the streets?
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The US Supreme Court has shown America the eventual fate of the Democrat Party. With the nomination and approval of John Roberts as Chief Justice, the Dems. where every dissenting vote praised Roberts and with Nevada senator Harry Reid arrogantly suggesting that Roberts "did not appreciate civil rights legislation enough". Now President Bush has set the Democrats up for a serious Catch-22. Recently he nominated Harriet Miers and the obvious cry from the opposition has been 'lack of experience'. Well the Infinite Speculator will go out on a limb and say they better approve of her. Why? Well 2006 is an election year and if she is declined, President Bush will then push someone such as US Attorney General Alberto Gonzales or California Supreme Court judge Janice Rogers Brown, a black conservative. President Bush may have another candidate but most definitely a minority and probably a woman. What will the Dems do when faced with voters if they choose to filibuster and fight it out? This is the party that has relied on minority and woman voters for the past 30 years, as they have lost regions and mass number of voters in general, hand over fist. This may prove to be the final nail in their coffin.

That's it for now. Thanks.
Infinite Speculator