Post New Article

Venezuela to Cut Six Zeroes Off Bolivar
to Simplify Transactions

Original Article

Posted By: OhioNick, 7/6/2021 1:56:50 AM

Venezuela is preparing to once again lop off zeroes from the national currency in an attempt to simplify daily transactions which sometimes barely fit on a calculator or require swiping cards multiple times to complete a purchase. The central bank is planning to slash six zeroes from the bolivar as early as August after previous attempts to issue larger-denomination bills failed to resolve problems created by endemic inflation. [SNIP] That means one dollar would fetch 3.2 bolivars instead of 3,219,000 at present. Venezuela last carried out a “redenomination” of the bolivar in 2018 and in March began printing a 1 million-bolivar note, the largest in the country’s history.

Post Reply

Reply 1 - Posted by: SALady 7/6/2021 2:00:46 AM (No. 836991)
If good conservative Republicans don't take back Congress in 2022, and also the presidency in 2024, this will be the USA by 2026!!!!!
19 people like this.

Reply 2 - Posted by: JL80863 7/6/2021 3:49:25 AM (No. 837019)
Another triumph of socialism.
16 people like this.

Reply 3 - Posted by: hershey 7/6/2021 7:30:48 AM (No. 837112)
Gotta love communism...../sarc
9 people like this.

Reply 4 - Posted by: F15 Gork 7/6/2021 7:46:24 AM (No. 837127)
I believe we’ve passed the tipping point.....no going back now.
2 people like this.

Reply 5 - Posted by: billa57 7/6/2021 7:49:13 AM (No. 837128)
If the democrats and the political establishment get their way, this is what WILL happen to the US. The embedded political rulers have been maintaining a 3/4 of a trillion dollar trade deficit, Exponentially rising US debt, and constant mismanagement of tax revenue. This will FORCE a Global currency to emerge. After that, the US will not be able to just print money and not worry. You will have Venezuela style inflation, Ready to eat your pet cat? BETTER wake up soon.
8 people like this.

Reply 6 - Posted by: Avikingman 7/6/2021 8:29:00 AM (No. 837172)
Try that with your own nest egg. Aren't you glad you voted for Bidet?
4 people like this.

Reply 7 - Posted by: enemyofthestate 7/6/2021 8:36:20 AM (No. 837177)
Yeah, that has always worked so well in the past and in other countries around the world.
5 people like this.

Reply 8 - Posted by: petrichor 7/6/2021 9:21:47 AM (No. 837252)
The U.S. will need to do that, too, if inflation hits here. Computer systems carry currency in fields that only support so many digits. An 11 digit field seemed fine until Medicare payments hit one billion dollars. Most currency fields are much smaller. This will make Year 2000 look like a joke. (Oops, it was a joke.)
3 people like this.

Reply 9 - Posted by: bigfatslob 7/6/2021 9:24:14 AM (No. 837257)
Sounds like the coming of the Biden economy in the US. I've already had zeros lopped off my income's purchasing power only it will get worse.
4 people like this.

Reply 10 - Posted by: MickTurn 7/6/2021 9:31:34 AM (No. 837271)
Well that fixes the Inflation...Communists are SO CLEVER!
4 people like this.

Reply 11 - Posted by: JimBob 7/6/2021 10:57:39 AM (No. 837369)
As earlier E-Dotters have written, the same thing is coming to the USA. My question for Dementia Joe, the HandPuppet: "Mr. President, you are all about Sustainability. Sustainability of the Planet, Sustainability of the Environment. What SPENDING are you going to CUT..... THIS YEAR..... to Balance the Budget and SUSTAIN the American Economy?"
2 people like this.

Reply 12 - Posted by: RuckusTom 7/6/2021 11:35:44 AM (No. 837410)
It's funny how $100 can turn into $10 instantly (or $1 or $.10 or $.01 or ...).
0 people like this.

Below, you will find ...
Most Recent Articles posted by "OhioNick"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by OhioNick"
Venezuela to Cut Six Zeroes Off Bolivar
to Simplify Transactions
12 replies
Posted by OhioNick 7/6/2021 1:56:50 AM Post Reply
Venezuela is preparing to once again lop off zeroes from the national currency in an attempt to simplify daily transactions which sometimes barely fit on a calculator or require swiping cards multiple times to complete a purchase. The central bank is planning to slash six zeroes from the bolivar as early as August after previous attempts to issue larger-denomination bills failed to resolve problems created by endemic inflation. [SNIP] That means one dollar would fetch 3.2 bolivars instead of 3,219,000 at present. Venezuela last carried out a “redenomination” of the bolivar in 2018 and in March began printing a 1 million-bolivar note, the largest in the country’s history.
Several Women on US Soccer Team Turn
Away From US Flag as 98-Year-Old
Veteran Plays National Anthem on
Harmonica
11 replies
Posted by OhioNick 7/6/2021 12:40:47 AM Post Reply
Several women on the US soccer team on Monday turned away from the US flag as 98-year-old WWII veteran Pete DuPré played the national anthem on a harmonica. The US Women’s soccer team is playing against Mexico in East Hartford, Connecticut in a pre-Olympic sendoff game before heading to Japan. These women should not be allowed to represent the US at the Olympics. ESPN showed the women disrespecting the US flag and the veteran, but the USWNT was careful not to show the women up close.
Meet Amazon's Radical New CEO 7 replies
Posted by OhioNick 7/6/2021 12:32:07 AM Post Reply
Amazon's top monster, Jeff Bezos, is going into space. Selling out America's retail economy to China while destroying most domestic retail deserves a mistress and a well-earned break. While his ex-wife spends Amazon billions on black nationalist groups, Bezos is stepping down as CEO to live out his mid-life crisis while wrecking what's left of the planet. Meet Amazon's radical new CEO, Andy Jassy. [SNIP] Jassy falsely accused police departments of "murdering black people", supported illegal aliens, and made the decision to shut down Parler. His wife is a Bernie Sanders donor. The incoming Big Tech CEO has vowed to focus the company on “diversity and more inclusion.”
WaPo Promotes the Sexual Grooming
of Children
27 replies
Posted by OhioNick 7/6/2021 12:20:47 AM Post Reply
Last week The Washington Post, one of the most prominent news outlets in the world, the newspaper whose self-important motto “Democracy dies in darkness” belies its own undemocratic propaganda, saw fit to promote an opinion piece calling for the increased exposure of small children to sexual deviance. In the article titled, “Yes, kink belongs at Pride. And I want my kids to see it,” freelance writer Lauren Rowello declared her support for the presence of “kinksters” – practitioners of sexual fetishes – in parades during so-called “Pride Month,” the thirty days a year officially devoted to the compulsory celebration of LGBT narcissism. CORRECTION*
Henry Winkler catches Twitter flak after
declaring that 'only a cataclysmic event'
could unite the country
24 replies
Posted by OhioNick 7/5/2021 10:34:29 PM Post Reply
Henry Winkler was caught in a Twitter controversy on Saturday after expressing the controversial opinion that it would take a cataclysmic event to unite a country divided by politics and social issues. The Happy Days alum, 75, tweeted: 'We are [so] divided as a country .. only a cataclysmic [event], that makes us depend on one another again, can bring us back together.' The New York City native faced a hailstorm of criticism pointing to the COVID-19 pandemic, the September 11, 2001 attack, and other major events to rebut the Emmy-winning actor's point of view.
Hunter Biden Proposed Union for
Prostitutes, According to Texts on
Leaked Hard Drive
13 replies
Posted by OhioNick 7/5/2021 5:24:40 PM Post Reply
Hunter Biden, who spent thousands of dollars on prostitutes across the nation, proposed a plan for them to unionize in a 2019 conversation that was on his leaked hard drive. The president’s son also asserted that he has been “telling strippers for 25 years that they should unionize.” In a March 2, 2019, conversation with an employee from Los Angeles’s Chateau Marmont, obtained by the Washington Examiner, Biden said prostitutes need to organize more. “You organize without even organizing in any traditional way,” Biden said. [SNIP] Whomever does this first will be running the largest union in the country.”
The Most Popular President in US History:
Biden’s 4th of July Speech Gets 10,000
Views on White House YouTube Channel
8 replies
Posted by OhioNick 7/5/2021 5:20:51 PM Post Reply
Joe Biden, the most popular president ever that no one cares about. Biden traveled to Michigan over the weekend and virtually no supporters lined up to greet him. Biden’s 4th of July speech got 10,000 views on the White House’s YouTube channel. Dementia Joe’s speech lasted 15 minutes and all he spoke about was the Covid vaccine. Biden said getting vaccinated is “the most patriotic thing you can do” – no wonder why nobody watch his speech.
Dems' crime surge – here's the reason
safety and policing finally have their
attention
9 replies
Posted by OhioNick 7/5/2021 1:33:56 PM Post Reply
Breaking news alert: National Democrats are suddenly worried about the rise of violent crime. We know this because they’re blaming the bloodshed on Republicans. The previous strategy, meaning before Monday, was a mix of denial and excuse-making, but it wasn’t working. How could it when thousands of people are getting shot and murdered, mostly in cities run by Democrats? Something had to give, and White House press secretary Jen Psaki tipped the new strategy when she concocted the notion that it’s Republicans who actually support defunding the police. Her fatuous attempt to flip reality on its head relied on GOP resistance to another multitrillion-dollar Biden administration boondoggle.
Independence Day: Marvel Comics Makes
Captain America Say American Dream
‘Is a Lie’
12 replies
Posted by OhioNick 7/5/2021 4:16:47 AM Post Reply
Just ahead of Independence Day, Marvel Comics featured a new Captain America issue in which the Captain slams the American dream as a false promise. The first issue of the new series, “The United States of Captain America,” by writer Christopher Cantwell, was published on June 30, only four days before the country traditionally celebrates its day of independence from Great Britain. As the issue begins, Steve Rogers — the original Cap — grouses about how America is built on “lies.” “I’m loyal to nothing. Except the dream,” Rogers says early in the issue. “Here’s the thing about a dream, though. A dream isn’t real."
House Sergeant At Arms ‘Slips Up’ & May
Have Just Revealed Name of Ashli Babbitt’s
Shooter
12 replies
Posted by OhioNick 7/4/2021 5:22:12 PM Post Reply
The Acting House Sergeant at Arms appeared before a House committee and appears to have named Ashli Babbitt’s shooter. Timothy Blodgett, in an exchange with Rep. Herrera-Buetler during a hearing on Jan. 6 that appeared on C-SPAN, seems to have casually dropped the name. [SNIP] It is interesting that Blodgett names an “Officer Byrd” in the context of Ashli Babbitt’s shooting. An African-American Lieutenant Mike Byrd was reported by Roll Call as having once left his service weapon in a bathroom in 2019. “A U.S. Capitol Police lieutenant left his service weapon in a bathroom Monday night and the unattended gun was discovered later by another Capitol Police officer,” Roll Call reported.
South Dakota Governor: Biden Admin
Won’t Issue Mount Rushmore Fireworks
Permits, Hasn’t Provided Explanation
14 replies
Posted by OhioNick 7/4/2021 5:18:43 PM Post Reply
South Dakota Gov. Kristi Noem said the Biden administration hasn’t provided an explanation for canceling the massive fireworks display at Mount Rushmore. President Donald Trump, she said, brought back the Mount Rushmore fireworks display after it was rescinded under the Obama administration, which cited environmental concerns at the time. “We had the fireworks at Mount Rushmore for years,” Noem, a Republican, told Fox News last week. “It wasn’t until President Obama came into office that they took it away.” Noem, who filed a lawsuit against the Biden administration, suggested that “political reasons” were behind the move to not permit the display.
Cacophony of boos and cheers as
England take the knee before kick-off
as Ukraine stay on their feet
5 replies
Posted by OhioNick 7/3/2021 5:54:03 PM Post Reply
The England players were tonight greeted with a cacophony of boos, whistles and cheers as they took the knee before kick-off in the quarter finals of Euro 2020. Ukraine stayed on their feet as England continued with the Black Lives Matter gesture ahead of the quarter final clash at the Stadio Olimpico in Rome. Some speculated online that the crowd could have been booing Ukraine for refusing to kneel, but boos have thundered from Three Lions fans at every game thus far, irrespective of whether or not the opposition has joined England in kneeling. The disapproval for the gesture comes despite the repeated pleas of manager Gareth Southgate and the Football Association.
Most Active Articles (last 48 hours)
Lightning strikes George Floyd memorial
mural, collapses its brick wall;
hilarity ensues
58 replies
Posted by Magnante 7/14/2021 3:06:52 AM Post Reply
For those who see the Hand of God in extraordinary natural phenomena, a lightning strike in Toledo, Ohio is being seen as divine retribution. Others call it karma. Witnesses reported that lightning struck a George Floyd memorial mural, not only burning the artistic expression, but collapsing the brick wall on which it was painted. (snip) plenty of people are laughing at the symbolism, while others piously bemoan their sentiments and/or denounce them, as racists. There are plenty of people calling it an act of God or divine retribution for idolizing a career criminal and drug addict. My favorites? "White lightning, I presume....."
Secretary of State Antony Blinken
welcomes UN probe of ‘racism’ in US
50 replies
Posted by Ribicon 7/14/2021 6:05:09 PM Post Reply
The United Nations—whose World Health Organization arm was just panned for its probe of the COVID-19 pandemic’s origins confined to guidelines set by the Chinese Communist Party—has been formally invited by the Biden administration to investigate “the scourge of racism, racial discrimination, and xenophobia” in the US, according to Secretary of State Antony Blinken. “As the President has repeatedly made clear, great nations such as ours do not hide from our shortcomings; they acknowledge them openly and strive to improve with transparency,” said Blinken in a statement released Tuesday. “It is in this context that the United States intends to issue a formal, standing invitation
Top US general warned of ‘Reichstag
moment’ in Trump’s turbulent last days
47 replies
Posted by Imright 7/14/2021 11:11:07 PM Post Reply
Shortly before the deadly attack on the US Capitol on 6 January, the chairman of the joint chiefs of staff, Gen Mark Milley, told aides the US was facing a “Reichstag moment” because Donald Trump was preaching “the gospel of the Führer”, according to an eagerly awaited book about Trump’s last year in office. The excerpts from I Alone Can Fix This, by Carol Leonnig and Philip Rucker, were reported by New York magazine on Wednesday. The authors’ employer, the Washington Post, published the first extract from the book a day earlier. It will be published next week.
TWA 800: 25 Years of
Deep State Deception
47 replies
Posted by Magnante 7/14/2021 3:03:16 AM Post Reply
On July 17, 1996, TWA Flight 800, a Paris-bound 747 out of JFK, blew up off the coast of Long Island. It seemed somehow fitting that James Kallstrom, the public face of the FBI investigation into the plane's destruction, would die two weeks before the 25th anniversary. As a patriot, a Vietnam vet, and an outspoken critic of all things Clinton, Kallstrom once held promise as the insider most likely to come clean. He never did. (snip) I can say with 100 percent confidence that missile fire destroyed TWA Flight 800. I can say with 95 percent confidence that the U.S. Navy fired those missiles.
It looks as if there was massive election
fraud in Fulton County, Georgia
46 replies
Posted by Magnante 7/15/2021 3:16:48 AM Post Reply
Garland Favorito founded VoterGA, an election integrity organization that has tenaciously followed the November election in Fulton County, including the ballot storage and recounts. His organization now has irrefutable proof that there was election and recount fraud in Fulton County, Georgia. It’s noteworthy that Biden “won” in Georgia by only 11,779 votes. To begin, you can see the press release from VoterGA here. These are the key factual assertions: The team’s analysis revealed that 923 of 1539 mail-in ballot batch files contained votes incorrectly reported in Fulton’s official November 3rd 2020 results.
'This is now a pandemic of the
unvaccinated': COVID cases surge in
43 states amid rise in Indian 'Delta'
variant as CDC says number of new
infections has doubled nationally
in the past three weeks
36 replies
Posted by Ribicon 7/14/2021 12:07:35 PM Post Reply
The number of COVID-19 cases has started to surge in the United States after months of decline, with the number of new cases per day doubling over the past three weeks. Doctors and public health officials have said that the surge, in 43 out of the country's 50 states, comes amid a rise in the Delta variant of the SARS-CoV-2 virus and stagnating vaccination numbers.(Snip)Dr. Chris Pernell, a fellow at the American College of Preventative Medicine, called it a 'pandemic of the unvaccinated' in an interview with CNN on Tuesday. 'This is primarily a pandemic of the unvaccinated. And we need to be very clear
‘The consequences are going to
be unbelievably bad’: Bush slams
Biden’s Afghanistan withdrawal
36 replies
Posted by NorthernDog 7/14/2021 11:10:06 AM Post Reply
Former President George W. Bush on Wednesday offered fresh criticism of the withdrawal of American and NATO troops from Afghanistan, as the U.S.-backed government in Kabul appears increasingly imperiled and Taliban fighters continue to make rapid gains across the country. Asked whether the drawdown was a mistake, Bush told German broadcaster Deutsche Welle in an interview: “I think it is, yeah. Because I think the consequences are going to be unbelievably bad and sad.” Bush, whose administration launched the U.S. military invasion of Afghanistan in October 2001, specifically cited the plight of Afghan women and girls whom he said could
Two in three Republicans in the South
support SECEDING from the US while
almost half of Democrats out West
say the same, survey finds
34 replies
Posted by Ribicon 7/14/2021 7:53:01 PM Post Reply
A whopping two-thirds of Republicans in the South favor seceding from the United States while nearly half of Democrats in the Pacific region and almost 40 percent in the Northeast say the same, according to a new survey. Support for secession is also considerable among independents in the Midwest and Great Lakes regions, where 43 percent say they would favor breaking away and forming their own country. Half of independents in the South also favor secession while 43 percent of Republicans in the Rocky Mountain states share the same view. The survey, which was conducted by Bright Line Watch, polled 2,750 respondents. The figures were published
The U.S. Surgeon General Is Calling
COVID-19 Misinformation An 'Urgent Threat'
33 replies
Posted by Judy W. 7/15/2021 7:38:09 AM Post Reply
With about a third of adults in the U.S. still completely unvaccinated, and cases of COVID-19 on the rise, the U.S. Surgeon General is calling for a war against "health misinformation." On Thursday, Dr. Vivek Murthy is releasing the first Surgeon General's advisory of his time serving in the Biden administration, describing the "urgent threat" posed by the rise of false information around COVID-19 — one that continues to put "lives at risk" and prolong the pandemic. Murthy says Americans must do their part to fight misinformation. "COVID has really brought into sharp focus the full extent of damage that health misinformation is doing," Murthy told NPR in an exclusive interview
1972 prediction of the collapse of society is
on track to happen by 2040: Economic
growth will halt in decade, food will
become scarce and human population
will decline, KPMG study finds
33 replies
Posted by Imright 7/14/2021 8:50:53 PM Post Reply
In 1972, a team at Massachusetts Institute of Technology (MIT) predicted that humanity's pursuit of economic growth without regard for environmental and society costs would lead to society collapsing by the mid 21st century – a new study finds this may become a reality.Gaya Herrington, Sustainability and Dynamic System Analysis Lead at KPMG, undertook the task of proving or disproving MIT's claims and used a world simulation model that analyzed how our world has progressed from 1972. Herrington looked at 10 key variables, such as population, industrial output and persistent pollution, and determined our business-as-usual mentality will spark a decline of economic growth
Jen Psaki asks popstar Olivia Rodrigo,
18, to brief the press on COVID vaccines:
TikTok sensation takes the White House
podium in huge heels and a pink plaid
suit to gush about Biden and Fauci
and tell kids to get the shot
33 replies
Posted by Ribicon 7/14/2021 2:29:47 PM Post Reply
The White House wasted no time in utilizing the star power of Gen-Z superstar Olivia Rodrigo on Wednesday, when press secretary Jen Psaki invited the 18-year-old singer up to the podium to brief the media on the importance of vaccines ahead of her meeting with President Biden and Dr. Fauci. Olivia, 18, was called upon to take the podium in the White House briefing room shortly after she was pictured arriving at the West Wing, looking every inch the pop sensation in a pink plaid Chanel suit, complete with a short mini skirt and matching jacket.
Mental health clinicians will start
answering some 911 calls in Chicago
— instead of cops
33 replies
Posted by AltaD 7/14/2021 8:23:11 AM Post Reply
For the first time in Chicago, some 911 calls for mental health emergencies won’t be answered by police officers but by mental health professionals paired with paramedics. In one pilot program starting this fall, a paramedic will be dispatched with a mental health clinician for “behavioral health calls.” In another, a paramedic will work with a “recovery specialist” on calls involving substance abuse. Mental health clinicians will be on hand at the 911 center to monitor situations (Snip) Before the pilots begin, however, the city will staff two ambulances each with a police officer trained in crisis intervention, a paramedic and a mental health clinician.
Post New Article