Posted on 07/11/2016 6:56:51 PM PDT by dynachrome
Just hours after Kimberly-Clark, the consumer-products giant that owns Kleenex and Huggies, said it will shutter its Venezuela operations after years of grappling with soaring inflation and a shortage of hard currency and raw materials, Venezuela retaliated by announcing it would seize the factory. Over the weekend, Kimberly-Clark said that the South American nation’s deteriorating economic situation had made “it impossible to continue our business at this time." The company had made a number of hard-to-find staples in Venezuela such as diapers and face tissues.
(Excerpt) Read more at zerohedge.com ...
They seized it, so it can sit empty and decaying under their control
Sound familiar?
‘Labor Minister Owaldo Vera said Monday that the socialist government took the action at the request of the 971 workers at the factory that the company decided to shutter. The seizure follows a similar takeover from 2014 when Clorox announced it was closing its doors.
“Kimberly-Clark will continue producing for all of the Venezuelans,” Vera said in a televised statement from the factory surrounded by workers chanting pro-government slogans.’
Atlas Shrugged in real life!.........
Right on!!! Free diapers for all! End Inequality!! Chavez!! Maduro!!
Okay, where do they get the money to pay the workers and buy the raw materials?............
What are any ex Soviet Russians saying about this?
Point Two. All industrial, commercial, manufacturing and business establishments of any nature whatsoever shall henceforth remain in operation, and the owners of such establishments shall not quit nor leave nor retire, nor close, sell or transfer their business, under penalty of the nationalization of their establishment and of any and all of their property.
No raw materials so no Free TP
viva la TP!!!
Now they done it...
Any remaining business that can get out of that hellhole will do so in the next 24 hours
One of the problems of factories overseas.
No great loss though.
After 15 years of Hugo Chavez and Maduro, the factories are going to be obsolete, worn out and run into the ground due to lack of re investment and upkeep
“They seized it, so it can sit empty and decaying under their control”
yep. no raw materials and no spare parts. government kleptocrats might try to sell off the machinery to other countries, though.
Not exactly Wyatt’s Torch but I’ll take it.
Comrades! We must fight the imperialist US plot to leave us with sh*tty bottoms and diaper rashes on future workers of the proletariat! Join with our savior maduro and forward the socialist diaper makers and TP rollers!
As a wise man once said, “The only way to defeat a liberal is to give them everything they want.”.........
Tree bark. Peel and wipe.
More like Wyatt’s outhouse!........
Wipe Out!!!
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