The hemisphere’s idiot, Venezuelan President Hugo Chavez, just nationalized another steel company. One that produces 40 percent of the country’s steel products used in construction.
“You will see at what price we buy them, since they belong to the people, and at what price we sell the rods,” he said.
Chavez has ordered several nationalizations in recent weeks, including a big fertilizer plant, a motor lubricants maker and a major local farm supplies company. This, after taking control of the TV broadcast media in advance of, and to the benefit of his party, Venezuela’s legislative elections.
Link: Venezuela’s Chavez nationalizes local steel company | Reuters
Related Posts
Chavez Nationalizes Steelmaker Ternium-SidorVenezuelan President Hugo Chavez took over, stole, nationalized the largest steelmaker in Venezuela, Ternium-Sidor. Chavez's minister of basic industries and mining, Rodolfo Sanz, has been appointed as the new company…
Chavez Still DeadI'm feeling pretty confident now that after tomorrow, the third day, he'll still be dead and Venezuelans will turn that ship around.
Hugo Chavez, President And RingleaderThe hemisphere's idiot, Venezuelan President Hugo Chavez, has been in the news lately. First, as exclusive oil supplier to U.S. Navy bases in the United States. Then, as an amateur…
Powered By Related Posts for WordPress
