Impunity Observer

Receive a 10 percent discount on Adrian Day’s Global Analyst newsletter with the coupon code FERG: https://www.adriandayglobalanalyst.com/Mailyn Salabarria, a Cuban journalist and classical-liberal advocate, fled Cuba and moved to the United States in 2001. As a believer that freedom cannot be taken for granted, she praises the Donald Trump administration’s efforts to restore democracy and fundamental rights across the Americas.Salabarria argues that Cubans on the island need US military support to oust the dictatorship and that Cuba is a US concern, just as Venezuela has been. Show notes: https://impunityobserver.com/2026/02/11/mailyn-salabarria-no-way-out-of-cubas-nightmare-without-us-tutelage/

The Impunity Observer now has a trusted precious-metals partner: the American Gold Exchange. Get started at http://amergold.com/io. Please note you heard of them through the Impunity Observer.Guillermo Peña, a Honduran free-market advocate and director of strategic alliances at Universidad de la Libertad in Mexico, analyzes Honduras’s election results. For Peña, the victory of the National Party’s presidential candidate, Nasry “Tito” Asfura, was no surprise.He says it was clear that the incumbent socialist Libre party had stalled in third place. In his assessment, the contest was essentially a two-way race between Asfura and Liberal Party candidate Salvador Nasralla.Show notes: https://impunityobserver.com/2026/01/21/guillermo-pena-time-for-honduras-to-lay-2009-to-rest/

Receive a 10 percent discount on Adrian Day’s Global Analyst newsletter with the coupon code FERG: https://www.adriandayglobalanalyst.com/At the macroeconomic level, Honduras projects a façade of stability. Our podcast guest, Humberto Macías—a US attorney who moved to Honduras in pursuit of the ZEDE vision—argues that this stability rests largely on a surge in remittances, fiscal-policy tweaks, and rising coffee exports. On the ground, he warns that many Hondurans are struggling day to day. That is one reason why he believes Libre will not win the November 30 election.Show notes: https://impunityobserver.com/2025/11/12/humberto-macias-the-libre-party-will-fall/

Buy "The Latin America Red Pill" by Fergus Hodgson: https://a.co/d/6mbUodaAn enthusiastic Impunity Observer follower, Daniel Cruz, joins our podcast to discuss Honduras’s sociopolitical challenges. A Canadian-Honduran, Cruz lays out how electoral fraud, corruption, and clientelism have become everyday features of Honduran politics. Show notes: https://impunityobserver.com/2025/10/22/daniel-cruz-how-to-avert-feudalism-in-honduras/

Tackling the Soles Cartel and the Venezuelan dictatorship is not just another foreign affair for the United States. Ralph Pezzullo—author of Stolen Elections: The Plot to Destroy Democracy—and whistleblower and former CIA officer Gary Berntsen contend the United States is facing a hybrid war against an exceptionally dangerous actor.Show notes: https://impunityobserver.com/2025/10/06/the-soles-cartels-role-in-us-electoral-fraud/

Venezuelan journalist Orlando Avendaño joined the Impunity Observer podcast to discuss the US confrontation with Venezuela. For him, the recent strike on a boat signals that President Donald Trump is walking the talk and escalating with consequences.Show notes: https://impunityobserver.com/2025/09/10/orlando-avendano-how-to-pull-the-plug-on-the-soles-cartel/

Morazán City, a Honduran special economic and development zone (ZEDE) designed for Hondurans, has been quietly reshaping what governance can look like. The construction started in 2020, and now a few hundred residents have chosen to move to this partially autonomous city. In this location, innovative institutions promise a more secure, prosperous, and business-friendly locale than elsewhere in Honduras.In 2024, President Xiomara Castro repealed the ZEDE Law, giving existing ZEDEs a 10-year deadline to operate under special rules. Despite political uncertainty Joyce Brand, author of Pioneering Prosperity: The Morazán Model for Free Cities (2024), contends autonomous cities like Morazán are the future of governance and economic freedom. Brand emphasizes: “Honduran workers, not libertarians, are happy to reside in Morazán City.”Show notes: https://impunityobserver.com/2025/08/05/the-dream-why-a-true-believer-defends-zedes-in-honduras/Buy "Pioneering Prosperity: The Morazán Model for Free Cities" by Joy

In 2001, El Salvador dollarized its economy, but the promised benefits never fully arrived. In 2021, President Bukele repeated the pattern by adopting bitcoin as legal tender overnight, with little public input.In this episode, Ishi—a pseudonymous Salvadoran bitcoin developer and founder of Torogoz.dev—explains why both transitions fell short and what lessons can still be learned.Watch now to find out: - Why do most Salvadorans still avoid bitcoin?- What went wrong with Chivo Wallet?- What benefits has bitcoin actually brought to El Salvador?- Plus: how IMF negotiations may now open the door for organic bitcoin adoption without state mandates.Show notes: https://impunityobserver.com/2025/07/21/what-became-of-dollarization-bitcoin-in-el-salvador-spanish/

Publisher Fergus Hodgson discusses what this implies for Latin America, and Ecuador in particular, in his June 9 presentation with the CREO Movement classical-liberal political party in Quito, Ecuador. He addresses America-First’s underlying drivers, the foreign-policy outcomes, and recommendations and opportunities for the region.Show notes: https://impunityobserver.com/2025/06/17/what-america-first-means-for-latin-america/

The Javier Milei administration has brought some stability to the Argentine peso through spending cuts, lower inflation, market liberalization, and improved access to capital flows. However, for Martín Litwak—an international lawyer specializing in wealth management—these measures fall short. He argues Argentina still needs deeper reforms, particularly to reduce the tax burden and dismantle the union-dominated economy, which continue to deter investment.Show notes: https://impunityobserver.com/2025/06/11/martin-litwak-no-argentine-renaissance-without-tax-cuts-labor-reform/

Buy Fergus Hodgson's "The Latin America Red Pill" on Amazon! Kindle: https://amzn.to/4fAv4AnPaperback: https://amzn.to/49Q01zdPanama’s road to prosperity began with its separation from Colombia at the turn of the 20th century. While economic motivations fueled the secession, Panamanian business leader Surse Pierpoint emphasizes that cultural differences also played a key role. Panamanians have consistently sought to attract foreign capital and industries.Show notes: https://impunityobserver.com/2025/05/22/surse-pierpoint-let-people-choose-their-own-currency/

Buy Fergus Hodgson's "The Latin America Red Pill" on Amazon! Kindle: https://amzn.to/4fAv4AnPaperback: https://amzn.to/49Q01zdGabriela Calderón, an Ecuadorian classical-liberal advocate, publisher at ElCato.org, and columnist for El Universo, explains that opposing dollarization has become political suicide. For now, she argues, the US dollar remains the most reliable currency, given its relevance in the global economy. However, she notes that Ecuador still has a central bank and a manipulated, protectionist banking system.Show notes: https://impunityobserver.com/2025/05/13/gabriela-calderon-ecuadors-dollarization-is-undefeated/

Joanna Guerra—a classical-liberal lawyer, philosopher, and university professor in Mexico—explains that younger generations lack an entrepreneurial mindset. This tragically stems from the ideological indoctrination they receive through schools, films, music, and more. She believes transmitting the principles of classical liberalism requires translating philosophical ideas into everyday experiences. In her book, Ser libre es cool, Guerra brings market-based innovation to life using real-world examples like Uber, Airbnb, and other apps.Buy Joanna Guerra’s book (in Spanish): https://amzn.to/430sjnwShow notes: https://impunityobserver.com/2025/05/06/joanna-guerra-teaches-liberalism-to-the-app-generation/

The Impunity Observer gathered three leading Canadian thinkers to analyze the results of the parliamentary elections, where the Liberal Party secured yet another term in office.Our expert guests included:• Meghan Murphy, a journalist in exile known for her outspoken stance against prostitution, pornography, and violence toward women.• Professor Louis Groarke, a philosopher at St. Francis Xavier University engaged in political and ethical discourse.• Marco Navarro-Génie, president of the Haultain Research Institute and vice president of research for the Frontier Centre.This exclusive online forum went live for our community of subscribers, who participated by submitting questions.Show notes: https://impunityobserver.com/2025/04/30/what-is-ottawas-mandate/

On April 13, Ecuadorians reelected President Daniel Noboa for a full four-year term (2025–2029). Joselo Andrade, executive director of the Ecuadorian Institute for Economic Policy (IEEP), argues both candidates represented left-leaning principles. However, he emphasizes that Noboa at least defends democracy and civil liberties, essential pillars for achieving prosperity. Andrade stresses that the private sector and think tanks like IEEP play a critical role in educating citizens.Show notes: https://impunityobserver.com/2025/04/22/joselo-andrade-ecuadorian-voters-dodged-a-bullet-spanish/

Buy Fergus Hodgson's "The Latin America Red Pill" on Amazon! Kindle: https://amzn.to/4fAv4AnPaperback: https://amzn.to/49Q01zdSimon Hankinson, senior research fellow at the Heritage Foundation's Border Security and Immigration Center, joined the Impunity Observer podcast to discuss his recent major report on the US asylum system. Hankinson contends the prevailing asylum laws, designed during World War II, are outdated.Show notes: https://impunityobserver.com/2025/04/15/simon-hankinson-asylum-law-must-put-america-first/

Subscribe to Global Analyst by Adrian Day. Receive a 10 percent discount when you subscribe with the FERG coupon code: https://www.adriandayglobalanalyst.com/subscribe-nowIn 2021, a public school fired Jim McMurtry, a 40-year teacher in British Columbia, and he subsequently was banned from practicing his profession. McMurtry is raising his voice through the People’s Party of Canada (PPC). His campaign focuses on defending free speech and Canadian pride. He does not want to see top-down sweeping changes and would rather focus on identifying and preserving the best of heartland Canadian values, those that attracted so many great people to settle in Canada.Show notes: https://impunityobserver.com/2025/04/08/jim-mcmurtry-lets-take-back-canada-from-virtue-signaling-nihilists/

Buy Fergus Hodgson's book "Financial Sovereignty for Canadians": https://econamericas.com/financial-sovereignty-canadians/In Canada, especially given the housing crisis, 65 percent of the population want an end to mass immigration. However, neither the Conservatives nor the Liberals have addressed the problem.Maxime Bernier, the PPC leader, contends that discussing the topics that concern Canadians will allow the PPC to expand its political support and get candidates in Parliament. However, for Bernier, addressing mass immigration is not only a political strategy but a necessary step on the path to tackling Canada's structural problems.Show notes: https://impunityobserver.com/2025/04/02/maxime-bernier-only-the-peoples-party-sides-with-canadians-on-immigration/

Buy Fergus Hodgson's "The Latin America Red Pill" on Amazon!Kindle: https://amzn.to/4fAv4AnPaperback: https://amzn.to/49Q01zdOlav Dirkmaat, who holds a PhD in economics from Rey Juan Carlos University, joins the Impunity Observer podcast to discuss his latest research on the ideological influence of foreign aid. His study, “Foreign Aid: An Ideological Hobby,” published by Francisco Marroquín University’s Public Policy Analysis Center (CADEP), examines how taxpayer dollars from the United States and Europe are shaping public policy and public opinion in Guatemala.Show notes: https://impunityobserver.com/2025/04/01/olav-dirkmaat-foreign-aid-exports-culture-wars-to-third-world/

Francisco Zalles, a professor at Hespérides University and a researcher at the Ecuadorian Institute of Economic Policy (IEEP), moved to the Galápagos and quickly identified these pressing challenges. Alongside IEEP, Zalles led the creation of the Galápagos Observatory. This initiative recently published its first investigative report, analyzing the adverse effects of population control, subsidies, and a sprawling bureaucracy.https://impunityobserver.com/2025/03/12/francisco-zalles-misguided-environmentalism-has-harmed-the-galapagos/