Is History Doomed to Repeat Itself? People often quip that history is doomed to repeat itself. The quote was originally coined from a book that was published back in 1905 by a philosopher named George Santayana. In The Life of Reason: The Phases of Human Progress , the full version of the quote reads that those who cannot remember the past are condemned to repeat it. And you know just as well as I do that people have poor memories today. Two months ago, President Biden suspended some of the sanctions that had been placed on Venezuela’s oil sector. It was a last-ditch effort to boost global oil supply and ease crude prices, which at the time had surged back towards $90 per barrel after the Oct. 7th attacks in Israel. All the US asked for in return was for Maduro to hold free and fair elections in his country. Well, good luck with that. We talked a little about the insanity of mending ties with Venezuela a few months ago. And while reverting some of the sanctions levied again
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