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09 January 2026

SHE'S AT IT AGAIN!!! Ilhan Omar Caught Trying For $1M For Sketch Project!

Ilhan Omar's Shameless $1M Giveaway: Tax Dollars to Somali Slush Fund Amid Minnesota's Epic Fraud Fest!

By Juan Fermin | NoSocialism.com

She's at it again! Fresh off her Squad antics and endless America-bashing, Rep. Ilhan Omar (D-MN) thought she could slip a cool $1 million in taxpayer cash to a shadowy Somali-led outfit right under the nose of a Republican-led Congress. But in a rare win for fiscal sanity, conservatives caught the grift in the act—exposing yet another Democrat earmark that's less about "empowerment" and more about empowering cronies amid Minnesota's spiraling fraud apocalypse. As the Gopher State reels from billions in scams tied to her community, Omar's bid reeks of the socialist vote-buying that's turned the Land of 10,000 Lakes into a taxpayer's nightmare. Let's unpack this latest outrage.

The Sneaky Earmark: "Justice" for Whom, Exactly?

Tucked into a whopping $175 billion "minibus" spending package funding everything from the DOJ to the EPA, Omar's pet project was a $1,031,000 earmark for Generation Hope's so-called "Justice Empowerment Initiative." This Somali-led group in Minneapolis promises substance abuse recovery, mental health services, and job training for the East African community—noble on paper, but conveniently located in Omar's backyard where fraud allegations are thicker than a winter blizzard.

Backed by Omar and her Minnesota Democrat enablers Sens. Tina Smith and Amy Klobuchar, the funding sailed through House appropriators like it was no big deal. But hold the phone: This isn't some transparent community uplift. It's a classic earmark sleight-of-hand, the kind Democrats love to disguise as "community project funding" to buy loyalty and pad resumes. As one GOP firebrand put it, it's "ridiculous to buy votes in the currency of corruption." With the bill advancing just days ago, Omar nearly scored her slush fund before the alarm bells rang.

Ilhan Omar to run for reelection, not Senate, in 2026

Minnesota's Fraud Fiesta: Billions Stolen, and Omar Wants to Pour Gas on the Fire

To grasp why this earmark is super sketchy, you need the ugly backdrop: Minnesota's become ground zero for immigrant-led fraud rings that have siphoned billions from Uncle Sam. We're talking SBA loan scams where fake businesses—often above Somali restaurants—pocketed $250 million alone, with fabricated documents and outright lies. Unemployment fraud? Over $250 million during COVID, funneled through ghost companies. And don't get us started on the latest DOJ surge: A team of prosecutors is flooding the state to probe "widespread fraud" in Somali networks, including ties to addiction and "empowerment" outfits just like Omar's.

Under failed socialist Gov. Tim Walz—Omar's ideological twin—these scams thrive on lax oversight and "equity" handouts that reward deceit over hard work. A scathing audit just dropped on a top state agency, revealing "misconduct" and phony docs galore. Trump himself blasted it as a Democrat disaster, and now Omar wants to inject another million into the mix? It's like handing matches to arsonists and calling it "fire safety training." No wonder conservatives are livid—this isn't help; it's enabling the very grift devastating her district.

GOP Guardians to the Rescue: Earmark Axed, Bill Saved from the Abyss

Enter the heroes: Texas Rep. Chip Roy, the earmark bloodhound, sniffed this out and rallied the Freedom Caucus to slam the brakes. Overnight drama in the House Rules Committee turned into a full-throated revolt, delaying the massive package and forcing a split into separate votes. Appropriations Chair Tom Cole caved, agreeing to "corrections" that nixed Omar's boondoggle entirely. Sen. Mike Lee even drafted an amendment to kill it dead, tweeting: "Isn't Congress supposed to be getting serious about the fraud in Minnesota?"

The result? The House passed the trimmed-down bills yesterday, dodging a shutdown while sending a message: No more blank checks for Democrat pet projects. It's a small victory in the war on waste, but it shows what happens when America First warriors stay vigilant. As the Washington Times nailed it, this was nearly a "$1 million check to Rep. Ilhan Omar’s friends"—until it wasn't.

The Bigger Picture: Socialism's Grift Pipeline Exposed

This isn't isolated—it's the Squad's MO. Omar's crew peddles "progressive" pipe dreams that funnel cash to allies, all while lecturing on "systemic injustice." But when the system's rigged for fraud? Crickets. Under Biden-Harris-Walz socialism, earmarks are the velvet glove on the iron fist of corruption, buying votes from communities hooked on government dependency. Republicans, fresh off flipping the House, promised to drain this swamp— and they're delivering, one earmark at a time.

As Minnesota's fraud probe deepens and taxpayers foot the bill for Dem disasters, stories like this remind us: Elect socialists, expect scams. Time to end the earmark era for good and put America— not Omar's cronies—first.

Follow us on X @NoSocialism, YouTube @NosocialismDotCom, Facebook facebook.com/nosocialismcom, TikTok @nosocialism8, Instagram @NoSocialism, or Threads @nosocialism for more unfiltered truth against the socialist tide.

05 January 2026

How Venezuela Lost 90% of Its Oil Revenue

The Socialist Kleptocracy's Perfect Storm

By Juan Fermin | Nosocialism.com | January 5, 2026

Picture this: A nation blessed with the world's largest proven oil reserves—300 billion barrels buried under sun-baked sands and swamps—yet reduced to a rusting relic, pumping less crude than tiny Oklahoma. Venezuela's socialist overlords thought they had the ultimate grift: Seize the golden goose, hand it to the "people's" cronies, and watch the billions flow. Spoiler: It backfired spectacularly. From a 2012 peak of ~$100 billion in oil export revenues, the country hemorrhaged 90% by 2020, scraping ~$13 billion in 2023 amid crumbling rigs and empty coffers. How? A toxic brew of nationalization hubris, crony corruption, and boneheaded mismanagement that turned black gold into fool's pyrite. Let's trace the tragicomedy.

The 1976 Heist: "Sowing the Oil" or Sowing the Seeds of Ruin?

Flash back to the OPEC boom—prices quadrupling post-1973 embargo. Venezuela's leaders, high on windfall dreams, declared "oil sovereignty" under President Carlos Andrés Pérez. On January 1, 1976, they nationalized the industry, birthing state behemoth PDVSA and seizing concessions from U.S. giants like Exxon, Mobil, Chevron, and Gulf Oil. Fields like La Canoa? Snatched outright. Compensation? A laughable ~$1.3 billion total in bonds at "book value"—peanuts for assets worth billions in future output. Exxon fumed but pragmatically stuck around as service providers, keeping pumps humming at ~3 million barrels per day (bpd).

Revenues? They exploded short-term—not from genius, but the price surge ($3/bbl in 1973 to $40 by 1980). Gov take jumped to 71% of exports, fueling Pérez's "sowing the oil" welfare spree. By 1981, oil raked in $19.1 billion—95% of exports, 26% of GDP. Socialists cheered: "The people own the wealth!"

The 1990s Pivot: "Oops, We Need Your Expertise—But Give Us 60%"

Reality bit hard. PDVSA's state hacks couldn't sustain output; rigs rusted, tech lagged. Enter the "Apertura" (opening) under Rafael Caldera: Invite foreigners back for joint ventures (JVs). ExxonMobil snagged 41.25% in the massive Cerro Negro project in the Orinoco Belt—home to sludgy heavy oil needing Yankee know-how to extract. Venezuela took ~60% of profits, but Exxon's brains boosted production to 3.8 million bpd by 1998. Revenues stabilized, but socialists grumbled: "Not enough for the revolution."

The 2007-2009 Double-Cross: "Give Us 80% or Get Out"

Enter Hugo Chávez, the red beret revolutionary. Riding $100/bbl highs, he eyed the JV pie. In 2007, Decree-Law 5,200 demanded 60-80% state stakes in Orinoco projects for "strategic sovereignty." Exxon balked—why hand over the farm after doing the heavy lifting? Result: June 2007 seizure of Cerro Negro ($2B+ assets lost). ConocoPhillips joined the boot; Chevron caved with a minority deal.

By 2009, Chávez went full throttle: Expropriated 20+ firms' refineries and rigs (e.g., $400M from Williams/Exterran). PDVSA now 100% boss. Chavistas partied: "The people benefit at last!"

The Mirage Boom and Inevitable Bust: From $100B to Pennies

At first? Champagne? Output CRATERED by 1/3rd, but they got lucky! Oil JUMPED to $112/bbl, so Revenues hit $100 billion in 2012. Funds poured into misiones (social programs), buying votes and loyalty. But here's the rub: Contracts went to Chávez/Maduro's inner circle—clueless cronies with zero drilling chops. PDVSA's "loyalty purges" (20K experts fired in 2002-03) left a brain drain; rigs hit 50+ years old without upgrades.

The fall? Catastrophic. Production nosedived to 0.7M bpd by 2023 (80% drop from 1998 peak). Revenues? From $100B (2012) to $3B (2020)—a 97% plunge—recovering meagerly to $13B in 2023 amid sanctions waivers. Why? Corruption siphoned $300B+ (1999-2014); refineries idled at 10% capacity; $58B needed for fixes, but funds vanished into Swiss vaults. Even at 60% JV shares, they outperformed full control—proving expertise trumps expropriation.

YearOil Revenues (USD Bn)Production (M bpd)Gov Take (% Exports)Notes
1976~$8.73.171%Post-nationalization dip, but price boom aids
1998~$123.8~60% (JVs)Apertura peak; Exxon boosts Orinoco
2007~$702.5~70%Pre-seizure high; Chávez demands more
2012~$100 (peak)2.573%Price-fueled illusion; corruption ramps
2015~$252.4~70%Price crash exposes rot
2020~$30.6N/A (sanctions)97% drop; hyperinflation
2023~$130.7~65%Partial recovery; still 87% below peak

The Lesson?

The socialists always believe that if we "Nationalize Medicine", "Nationalize Oil", "Nationalize the Grid", "Nationalize the Farms" somehow, things will get better. Truth is that maybe for a short time they do! The problem is that in EVERY Socialist system ever formed, inevitably everything turns political and it turns into not WHAT you know, but WHO you know. If you're part of the connected, privileged few, you thrive. If you're everyone else, at best you stagnate, at worst, you starve. THAT is Socialism!

This isn't "people's oil"—it's kleptocracy's curse. Chávez/Maduro's buddies got Lambos; Venezuelans got bread lines (average 30 lbs lost per person). Full nationalization? A 90% revenue nosedive, proving socialism starves the goose it gooses. Trump's raid? Liberation, not larceny—now, rebuild with real partners, or repeat the ruin.

Follow the truth: X @NoSocialism, Instagram @NoSocialism, TikTok @NoSocialism8, FB https://www.facebook.com/nosocialismcom. Share if you're done with socialist scams.

Juan Fermin is the founder of Nosocialism.com, a relentless voice against the creeping tide of government overreach and media malfeasance.

03 January 2026

Oil Conspiracy? Nah—Maduro's Fall Floods the Market and Stings Big Oil

Why Trump's Raid Was Pure Patriotism

By Juan Fermin
Nosocialism.com | January 3, 2026

The chattering class is at it again: "Trump snatched Maduro for the oil!" blare the headlines from CNN to the Guardian, spinning last night's Delta Force dawn raid as a Yankee oil heist. Never mind the narco-tyrant's fentanyl pipelines killing 100K Americans yearly or his gulags starving millions—nah, it's all about ExxonMobil's black gold fever. As if Donald J. Trump, the guy who drilled America to energy independence, woke up craving Venezuela's rusty rigs. Spare me. This narrative's as thin as Maduro's excuses for rigging elections. Let's torch it with facts: Maduro's ouster hurts Big Oil by crashing prices, just like history proves. And that's the point—Trump's playing 4D chess for freedom, not futures contracts.

Shoutout to Rickey Mitchell on X for nailing it first: "Actually, this means MORE oil on the market... Exxon/Mobil, BP and Shell WILL NOT be pleased. Even if they get their assets back... the rest of the industry is going to lose billions." Spot on. Venezuela's got the world's largest reserves (300B+ barrels), but under socialist mismanagement, output's cratered to a pathetic 1M bpd—0.8% of global supply. Pre-Chavez boom? They pumped 3.5M bpd in 1997, flooding the glut and tanking WTI to $20/bbl amid Asia's crisis. Fast-forward to 2015: Around 3M bpd, and oil plunged under $50, gutting shale startups. Today's spot? WTI's hovering at $56.83/bbl—already squeezing margins. Under $70? U.S. producers bleed. Sub-$60? Half go bust. <$50? Only the giants scrape by, marginally.

Reviving Venezuela? It'd unleash a torrent. PDVSA's pipelines are 50-year relics; full reboot costs $58B and years of work. But once online? Expect 2-3M bpd gushing back, per EIA models—enough to swamp OPEC+ cuts and yank prices to $40s or lower. Exxon et al. hate that; their seized assets (worth $7B+) are crumbs compared to the revenue bloodbath. Chevron's already griping: "Flood risk to heavy crude markets." Trump's not their puppet—he's the disruptor who made us #1 producer (13M bpd) via fracking, not foreign favors.

Why the raid, then? Simple: Smash the Cartel of the Suns' drug empire (fentanyl via Mexico), halt refugee tsunamis (7M+ fled socialism), and kneecap a terror sponsor (Iranian arms deals). Trump's Truth Social? "Narco-dictator down. Borders secure. America First." Oil? A bonus for consumers—cheaper gas at $2.50/gal, stinging sheikhs and socialists alike. Dems howl "imperialism!" because their hero Maduro mirrored their playbook: Jailed foes, rigged picks, raided riches. Trump's win exposes their flop.

EraVenezuela Output (bpd)WTI Price (avg)Market Impact
1997 Peak~3.5M$20 (glut crash)Shale startups starved; OPEC reeled
2015 Slump~3M<$50 (shale boom/gult)U.S. rigs halved; prices tanked 70%
Now (2026)~1M (crippled)$56.83Post-raid flood risks $40s; Big Oil winces

X is buzzing: #VenezuelaLibre hits 600K posts, with users like @RickeyMitchell dropping truth bombs: "Oil at $60? Half our drillers bleed—Maduro's fall spikes supply, not Trump's greed." Even oil vets chime: "Revival adds 2M bpd glut; WTI to $45 by Q3." Dems' rage? Envy—Maduro "succeeded" their wet dreams, till Trump yanked the plug.

This ain't oil imperialism; it's anti-socialist liberation. Cheaper pumps for us, pain for cartels and cronies. Trump's draining the swamp—globally. Share if you're Team Freedom over Fuel.

Subscribe to Nosocialism.com for unfiltered truth. Follow us on X @NoSocialism, YouTube @NosocialismDotCom, Facebook facebook.com/nosocialism, TikTok @nosocialism8, Instagram @NoSocialism, or Threads @nosocialism.

Juan Fermin is the founder of Nosocialism.com, a relentless voice against the creeping tide of government overreach and media malfeasance.