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Hugo Chavez next Castro
The latest news is comrade Chavez intends on "nationalizing " the countries' remaining private utility and largest media company. Nationalizing is simply theft, calling it anything other than theft is pulling punches. His other brilliant move is taking 7 billion from the Venezuelan central Banks foreign curency reserves for"social " programs. I guess the potentate didn't count on oil dropping 20 bucks a barrell so quickly. Socialists take note, Venezuela will bankrupt itself in fairly short order because foreign investments has completely dried up, and 50% of venezuela's national income is dependent on oil revenues.Funny you can't refine venezuela's tar if the big oil companies stop refining it. cahvez is stealing private business becuase he needs to find a way for the revolucion to continue if the oil tap is turned off.
The thing that pisses me off the most is the complete lack of foreign criticism. I can imagine the foreign press bashing us if the Government Nationalized Telus and gave shareholders nothing in return, "just because". Castros' nationalization program simply turned Cuba into an economic backwater, a complete pathetic joke. The poor venezuelan idiots have no idea their white knight will in the long run make everyone poor, except for Government apartchiks. When will poor people learn that history have shown heavy handed socialism creates long term misery for most people?
The thing that pisses me off the most is the complete lack of foreign criticism. I can imagine the foreign press bashing us if the Government Nationalized Telus and gave shareholders nothing in return, "just because". Castros' nationalization program simply turned Cuba into an economic backwater, a complete pathetic joke. The poor venezuelan idiots have no idea their white knight will in the long run make everyone poor, except for Government apartchiks. When will poor people learn that history have shown heavy handed socialism creates long term misery for most people?
Comments
The Middle Eastern countries, for reasons relating either to the fact that they're not democratic countries (so that a small royal family "owns" the country, essentially), or because of other factors, also nationalized their oil resources, some from the very beginning, so that there really wasn't anyone to otherwise expropriate.
Is that theft?
Is it "theft" when the government, bowing to popular pressure from drivers, for example, expropriates (nationalizes) land for the purpose of bulldozing existing structures and building a highway? According to you, it is.
So we shouldn't build any more highways, hey? The enviro boys would love ya.
One, Venezuela is going broke. And two, Venezuela is expanding it's oil production and refining capabilities by nationalizing oil firms. Which is it? Are they going broke? Or are they expanding? Oh, yeah, the media has been dead silent on Chavez. It's not like any prominent personalities in the US have called for his assination or anything, right? The foreign press also claimed there were WMDs in Iraq. They are hardly the arbiters of truth and justice. And considering they press is owned by the same people who own the oil companies, I hardly consider them objective either. Yeah improving health, education, literacy, employment standards is really a terrible thing to do. The Cuban people were so much better of as poverty stricken bar tenders and prostitutes when Batista's Cuba was nothing more than an island-wide Casino for the US. What a joke. Probably when arrogant and greedy westerners stop referring to them as "idiots" and start respecting their right to self-detirmination.