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Caribbean-Latin America
Venezuela's Chavez orders takeover of iron-makers
2010-05-16
Ay-Pee- long story short - another industry nationalized.
Posted by:Frank G

#6  Any side bets on the next Venezuela 50% devaluation.
Posted by: DMFD   2010-05-16 22:31  

#5  Nope, partly because he imposed controls on sending/taking funds out of the country.
Posted by: lotp   2010-05-16 19:29  

#4  So the mills will now produce lower quality steel in order to meet their government quotas.

This guy is a textbook case on exactly how you ruin an economy and impoverish a people. Has the mass exodus started yet?
Posted by: crosspatch   2010-05-16 17:35  

#3  He'll probably give the oil industry to the Unions.
Posted by: Deacon Blues   2010-05-16 13:19  

#2  Our future under Obama. I wonder what will be next, the oil industry or the unions???
Posted by: 49 Pan   2010-05-16 12:55  

#1  Seize R. Chavez, please go after the movie makers.
Posted by: HammerHead   2010-05-16 09:31  

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