He's proposing theft of Electricidad de Caracas.

Perhaps the US should reciprocate by seizing all of Citgo's assets in the US and giving them to AES?

Also, for all the Chavez fans out there, how do you like his latest step toward dictatorship?

Matt

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De duobus malis, minus est semper eligendum

I think it is up to the people in that country. As often as they overthrow governments in Latin America they obviously are not that tired of him yet. If I lived in that country I would not vote for him. I also think that his form of socialism can't last forever since it is based on oil and the prices fluctuate so much. I'm sure this latest plunge in oil prices is will hurt if it continues for too long. He also isn't spending enough of the profits on investment back in the industry which could lower revenues later. However, I do not live their and it is up to the people he represents to make the decision and so far they seem very happy with him. Personally I really do not feel that he is worth giving as much attention as he is considering he is of no threat to our nation. However, this site gives him more attention than any other foreign leader it seems. He gets a new thread about every week. I guess he is more relevant then I give him credit for.

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"Give me your tired, your poor,
Your huddled masses yearning to breathe free,
The wretched refuse of your teeming shore.
Send these, the homeless, tempest-tost to me,
I lift my lamp beside the golden door!"

I don't see every word out of his mouth as shocking..

I don't see the oil market dramatically crashing. Oil supplies are not strong and the demand is going to always be there with the current infrastructure. As far as energy goes the only plus has been the weather and the large supplies of natural gas. Usually the Northeast swallows a huge amount during the winter storms. But even so it doesn't take much for energy to rocket up in price as refinaries are at peak. If the US economy collapses and there's less demand there is still money to be made in oil exporting.

The worst problem is the national debt... Chavez says bad stuff about the central bank and I'm supposed to be offended..
Personally I don't benifit from globalization.

Of course not. You posted this, I am sure, from a computer you built by hand, over a cable you personally strung, to a hub you personally spun the fiber for.....

No, you certainly aren't enjoying any fruits of globalization...

Matt

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De duobus malis, minus est semper eligendum

Hugo is a left-wing reaction against our President's divinely inspired policies. At some point in the fairly near future, we will need to counter-act the left-wing swing of nations to our south. They are a growing threat to the interests and security of the US.

Chavez is isolating his country along with it's citizens. Basically, he just scared off every foreign investor. No foreigner is going to make an investment into Venezula. No foreign government is going to loan Venezula money.

As we have seen in the past. Today, the people of Cuba live in absolute poverty. Castro seised all foreign investment-- scaring off investors into the country. He took from the wealthy citizens, killed off the educated, burned books, seized private property, all under the pretense that, "it's good for Cubans". And look what they have today. Their only hope, is to float across dangerous waters to hit the coast of the U.S.

Chavez has taken the exact same road. The only one who benefits is Chavez himself. It's up to the Venezulans to decide if they want tourism dollars, & a decent living wage, or extreme poverty by following Chavez. Venezulans need to WAKE UP.

This is kinda funny, but it shows how much you DON'T know.

Ummm.... Chavez IS the bank of Latin America. The goal is to depart from IMF dependancy.

Geez... you have absolutely no clue do you?

I'm left wondering if you know what globalization is? Perhaps you'd care to explain how technological development is in any way dependent on it?

And if you don't like the way Chavez is consolidating power, why are you so approving of corporations doing so?

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Who does vote for these dishonest shitheads? Who among us can be happy and proud of having all this innocent blood on our hands? Who are these swine? These flag-sucking half-wits who get fleeced and fooled by stupid little rich kids like George Bush?

--Hunter S. Thompson

First of all Matt, I`m not a one sided fan of Mr. Chavez.
And I do believe, that his comments of your president being an alcoholic copy of Satan himself, was way over the top. ( Even though, you can follow him some of the way , you just don`t say things that way in official speaches.

Second, he is elected fair and square with a huge majority, if I remember correct.
That means, that what he is doing has a foundation in the population.

I don`t like his move against more power to himself personally, and definately not if it is his intention, that it should end up being a dictatorship in spe.

On the other hand, dictatorships in South America, very seldom results in the wealths going to be shared among the common people.

It`s no secret, that South America has been robbed and abused, by big corporations, and other governments for lots of years, and I certainly understands, if he is planning to put an end to that.
In that sence, he has got my full sympathy.

And talking about theft Matt, I do believe that your government, in compagny with exxon, Shell and BP, in this very moment, is putting the last hand on the plan, of how to share the Iraqi oil wealth between them.
To say the least, I find that a lot less symphatic.


Jen

Once again - can you say Castro?

This guy MUST have a copy of his playbook...only thing missing is the cigar

I wouldnt say he was elected fair and square. There is significant evidence that the first election was rigged in part. And dont forget he came to power in a military coup.

As for Iraq, which has nothing to do with this conversation, you are incorrect. American companies will have no ownership of Iraq oil resources. How about sticking to the topic, which is Venezuela?

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http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

Blaming the poverty of dictatorships on "evil" corporations is trendy left-wing garbage. Most of the income they have is from oil; the people of Venezuela avoid starvation purely because of income that comes from "evil" capitalists. Their own corrupt and stupid leftist regimes fail at even the most basic level to allow for the development of a healthy economy, and loot their own treasuries.

Your sympathy for this abusive fool is absurd. He makes life miserable for his own people - but because he is far left and hates Americans and corporations, you "sympathize" with him. Ludicrous. Anti-Americanism is like a narcotic that gets in the way of intelligent and reasonable observations.

I wonder if you would be willing to live in a nation run by one of the many sleazy, scheming leftist dictators who have destroyed so many economies in South America since the days of the Perons in Argentina? I certainly would not. Would you?

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"Our fears in Banquo
Stick deep; in his royalty of nature
Reigns that which would be fear'd: 'tis much he dares;
And, to that dauntless temper of his mind,
He hath a wisdom that doth guide his valour
To act in safety."

Macbeth 3:1

Explain then, why Argentina, run by LEFTIST Nestor Kirchner, is rapidly recovering from the economic disaster of 2001, brought on by following policies recommended by the IMF.

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"Jesus said: I have cast fire upon the world, and behold I guard it until it is ablaze."
Gospel of Thomas

I think wiseguy is trying to tell me the market is cornered or something or maybe you don't understand that I knooowww that..