Eight Industries Venezuela Nationalized (Besides Oil)

Caracas, Venezuela

Venezuela has experienced one of the sharpest economic declines in modern history—rampant inflation, near-famine, and an exodus of millions of asylum seekers. Yet there remains disagreement over what caused it.

Many refuse to blame socialism, instead citing the collapse of oil prices, corruption, its abandonment of democracy, and other factors. If socialism did play a role, it was a small one, says Venezuelan writer Francisco Toro in the Washington Post, citing “a unique mix of circumstances, in which socialism is just one ingredient.”

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Commentary: Democrats Will Investigate, Not Legislate

Tennessee Star

by Julie Kelly   In a column published the day after the election, former Pennsylvania governor Ed Rendell warned his fellow Democrats to proceed cautiously after winning the House of Representatives. “Our most fervent supporters hope that we will use our newly found control to investigate almost everything that the…

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