Don’t Cry For Argentina – There May Be Hope

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Unleash Prosperity Hotline
Issue #835
08/14/2023
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1) Don’t Cry for Argentina – There May Be Hope

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Change may be coming to a country that has suffered through an eighty-year catastrophic experiment in socialism. The primary results, which have every candidate appear on the same ballot, are usually a good predictor of how the general election will go. Argentina will vote on October 22, with a possible runoff on November 19.

From the Buenos Aires Herald: [link removed]

Javier Milei, founder of the far-right coalition La Libertad Avanza (LLA), gave an exultant speech after getting 30% of the vote in Sunday’s primary elections. Milei, who currently represents Buenos Aires City as a national deputy, was the coalition’s sole presidential candidate.

The far-right libertarian economist’s victory came as a surprise…

Milei scornfully refers to career politicians as “the caste” and his economic program as the “chainsaw plan” — a nod to his proposed wide-ranging budget cuts and drastically reducing the size of the state. One of his trademark proposals which defined pre-electoral discourse is to abolish the Central Bank, effectively dollarizing the economy (and abolishing the peso) in a bid to combat inflation.

“We’re facing the end of the model of the caste. That model based on that atrocity which says where there is a need, a right is born, but they forget that that right has to be paid for,” he said. “It’s maximum expression, that aberration called social justice that makes us unequal before the law, a model that translates into a strong deficit.”…..

Towards the end of his speech, Milei took off his glasses and quoted a definition of liberalism by Argentine economist Alberto Benegas Lynch Jr. from memory: "Liberalism is unlimited respect for the lives and life plans of others."

Milei began and ended the speech with his signature cry of “Viva la libertad, carajo!” (Long live freedom, damn it!) which was met with enraptured echoes from the crowd."

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2) Next Time We Should Use the Sweden Model to Stop A Pandemic
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3) Just When You Thought the COVID Madness Was Behind Us
This is from our friend John Miller, Publisher of The College Fix:

Three years later, they still don’t understand that Covid afflicts older people, not the young. These schools just refuse to “follow the science.” Our question is why do the parents and the college students pay $40,000 a year to put up with this nonsense?

In case you're interested, here's a list of the Universities. Maybe avoid these when college shopping with your kids!

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4) The FTC's Reign of Error Continues
FTC commissioner Lina Kahn may have a string of defeats in court, but that isn’t slowing her down. She’s now on the verge of trying to dismantle Amazon – one of America’s most iconic and profitable companies.

Amazon officials are being hauled before the FTC in the next few days for what is known as a “last rites” meeting, which is typically the final step before the agency files an antitrust complaint.

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Ms. Khan hates companies that are too big and too profitable – even when in the case of Amazon, the company lowers prices for consumers. Case in point: Amazon just had a Prime Day sales event with more than $12 billion in online sales. Consumers save $2.5 billion. IN ONE DAY! Wait, we thought monopolies were bad because they RAISE prices. Amazon is being punished for cutting them? The best estimates are that Amazon saves the average family using its services 75 hours a year in shopping time due to its home delivery services.

Why is the FTC harassing a company that is pro-consumer and pro-small business? Amazon and its chief competitor, Walmart, have done more to reduce prices and reduce poverty than almost any government welfare program in history.

Lina Khan’s radical and self-aggrandizing antitrust agenda benefits no one but lawyers and Washington busy-body bureaucrats. Time to cut the FTC budget in half.

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5) Are Climate Change Lockdowns Next?

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The left is overjoyed that it’s been a scorchingly hot summer in states like Texas and Nevada, so Biden is capitalizing on the heat wave. He told the Weather Channel that he has “in practice” already declared a “national climate emergency.”

We’ve warned this day was coming based on the trial run of COVID lockdowns – we just didn’t think it would happen so soon.

If Biden formally declares a climate emergency the feds will swing down the hammer. As John Fund and David Simon — contributors to The Hotline — report, a climate “emergency” could empower the feds to initiate lockdowns, electricity rationing, and periodic blackouts. The abuses of government power and suppression of personal freedoms could be worse than COVID. After all, this is about saving the planet from extinction – so anything goes.

As we learned from the COVID abuses of government powers, “emergency” is the rallying cry of power-hungry tyrants.

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6) Ole Joe Will Get You a GREAT Deal!

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