Bolivian President Threatens to Nationalize Sugar Growers

[Judi Lynn]

Source: Latin American Herald Tribune

Caracas,Tuesday March 30,2010
Bolivian President Threatens to Nationalize Sugar Growers

LA PAZ – President Evo Morales warned that he will nationalize sugar refineries whose owners try “to sabotage the Bolivian people” by selling their product at elevated prices in Bolivia’s domestic market.

“If some owners of sugar refineries continue selling their sugar more cheaply abroad and more dearly (domestically), I will see myself forced to nationalize ... those factories, without any fear,” Morales said.

The president reiterated the need to have state-run sugar factories “so that the private ones are not sabotaging or blackmailing the Bolivian people by selling their sugar more cheaply abroad and more dearly in Bolivia.”

Four sugar refineries operate in the eastern region of Santa Cruz and one in the southern province of Tarija, and the government has plans to establish one in the south and another in the north of La Paz province.

Read more: http://www.laht.com/article.asp?ArticleId=354489&CategoryId=14919

[h9socialist]

1. VIVA EVO!!!

That's the spirit! How about doing this in the U.S.? (To a lot more than just sugar!).

[a la izquierda]

2. i love you Evo.

you do what's best for the majority of your people, and to hell with corporate interests.

[ro1942]

3. Great news,thanks for the post

[Vidar]

4. Bravo Evo!

[Cal Carpenter]

5. 'Threatens'

They always use that word in this type of article. Nationalizing an industry like this only 'threatens' a very few people at the top - people whose well-being, quite frankly, I'm not too worried about. They aren't in destitute poverty, they aren't wage slaves.

The people who are under threat all the time are those everyday working people whose economic situations are at a crisis point so that a very few at the top can fill their bank accounts.

[AngryAmish]

6. In Bolivia, first you get the sugar, then you get the power, then you get the women.

First!

[conspirator]

7. It's a matter of time before the Chavez haters start calling Evo a ruthless Dictator nt