When it comes to the oil spill Obama should take lessons from Chavez

[Jeffersons Ghost]

Chavez eyes Venezuela's top beer brand

By Robert Plummer
Business reporter, BBC News

Venezuela's biggest beer producer, food and drink giant Polar, is also the country's largest company still in private hands after President Hugo Chavez's nationalization drive. But that may not be the case for long.

Last week, Mr Chavez stepped up his attacks on Polars' billionaire owner, Lorenzo Mendoza, whom he has previously accused of pushing up food prices by hoarding products to cause artificial shortages. For its part, Polar has called the allegations "absurd" and "senseless".

But that did not stop the authorities seizing 114 tons of food which they said had been illegally stored in Polar warehouses in the city of Barquisimeto last month.

http://news.bbc.co.uk/2/hi/business/10229699.stm

[Gman]

1. That's all well and good in a country that does not require due process

before seizing assets. It's not that way here, nor should it be.

[Jeffersons Ghost]

2. you have a good point and I agree but I'm so pissed about this spill...

I can't think straight, when it comes to BP.

[Titanothere]

3. Oh yeah, seizing private companies is such a great idea

maybe they'll seize your bank account and house and you won't think a government having that much power is such a great idea.

[Billy Burnett]

5. You'd rather have an unaccountable undemocratic multinational corp do it to you?

I don't think any entity should have absolute power with no accountability, and we're sure to have more accountability if we have a representative democratic government - which Venezuela has.

[Jeffersons Ghost]

6. read my subsequent posting please

[TexasObserver]

4. Chavez is a jerk, and this ain't Venezuela.

[Jeffersons Ghost]

7. does anyone bother to read my subsequent posts?

[Myrina]

9. ... you may want to provide a link if its in another thread, or ...

... if you're referring to the original post that started the thread, that would be 'preceding', not 'subsequent'.


:hi:

[davidinalameda]

8. found this interesting

However, there are doubts over the government's effectiveness in securing food supplies after the discovery last week of thousands of tonnes of rotting food that had been imported by state-run retailer Pdval, but never distributed.

And Ismael Perez Vigil, executive president of the Conindustria employers' organisation, points out that most of the companies nationalised by the government have seen no improvements in productivity.