Posted on 01/07/2005 10:16:46 PM PST by Kitten Festival
Venezuelan authorities backed by troops are on Saturday expected to seize a 32,000-acre ranch owned by Lord Vestey, an English aristocrat and meat tycoon.
The move, the first in what is likely to be a number of Zimbabwe-style expropriations of big estates, appears to signal a renewed radicalisation in the leftwing government of President Hugo Chávez.
Lord Vestey, known as “Spam” to friends because his family's wealth comes from the meat trade, is one of Britain's richest men and a close friend of Prince Charles.
With interests that have ranged from overseas cattle ranches to a chain of butchers' shops, his fortune was estimated last year at £750m ($1.4bn, €1.07bn).
But the value of the Vestey Group has declined recently, and it has written down Venezuelan assets. The company had net assets of £78m in the last published set of accounts in 2003, down from £105m in 2002.
(Excerpt) Read more at news.ft.com ...
ping
This could bring war.
The Rochefellers own a big ranch just out from Valencia. Or they did.
The Rochefellers own a big ranch just out from Valencia. Or they did.
I agree. Folks who think Communism is no longer a problem...should read this article.
I know a man from down there...and I have actually seen him break into tears when talking about what is going on down there.
I feel bad for him, he has family down there.
Chavez is using the same excuses as Stalin did when taking land. And, no doubt, he will control the land in the same way.
Ping-
This is pretty scary.
Hear, hear. You know darn well that Chavez will find some "legal" means to keep himself in power for the rest of his life a'la Castro. We need to nip this one in the bud now.
Could this be what Chavez has in mind...
http://www.cnn.com/SPECIALS/cold.war/kbank/profiles/stalin/
Summary of Stalin
-To ensure his position and to push forward "socialism in one country," he put the Soviet Union on a course of crash collectivization and industrialization. An estimated 25 million farmers were forced onto state farms. Collectivization alone killed as many as 14.5 million people, and Soviet agricultural output was reduced by 25 percent, according to some estimates. -
When he starts going after the factories.....people down there better pack up and leave...quickly.
Bump!!
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