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Venezuela: Seizing corn meal an option [price controls and communism]
Business Week/Associated Press ^ | January 17, 2006

Posted on 01/17/2006 3:25:10 PM PST by grundle

Venezuelan authorities are prepared to seize inventories of corn meal if producers protesting price controls hoard their supplies, an official said Tuesday.

The South American country has seen coffee disappear from the shelves in recent weeks as producers refused to sell over price controls that they said eliminated profits. Officials said a 60-percent increase in coffee prices announced Monday would make coffee plentiful again.

But some corn producers also have told Venezuelan media they are dissatisfied with current price controls.

"I don't think it's necessary to go straight to expropriation, but it's an option," Food Minister Rafael Oropeza told reporters during a tour of state-operated grain silos in the southwestern state of Barinas.

He said the government is prepared "to defend the right of access to food."

Corn meal is key to Venezuelans' daily diet of "arepas," corn cakes served steaming with chicken, meat or cheese inside. It is one of many basic food products under price controls in Venezuela, where President Hugo Chavez says he is leading a socialist revolution for the poor.

Scattered sellouts of powdered milk, corn meal and sugar have been reported recently, but officials denied there were shortages at a national level and said they would make sure state-run markets are fully stocked.

The consumer protection agency, Indecu, has seized more than 150 metric tons (165 tons) of powdered milk this month from companies hoarding the products, according to its Web site.

Authorities also have seized inventories of coffee allegedly being hoarded by producers and resold at the official price.

The higher price for coffee should help ease the shortage, Light Industries and Commerce Minister Edmee Betancourt told the state-run news agency.

(Excerpt) Read more at businessweek.com ...


TOPICS: Business/Economy; Foreign Affairs; Miscellaneous
KEYWORDS: coffee; communism; cornmeal; hugochavez; marxism; pricecontrols; trade; venezuela; wesleymouchwillfixit
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To: kublia khan

You make stuff up and people won't believe you when you tell the truth, if that matters to you at all.


61 posted on 01/18/2006 7:19:28 AM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: hedgetrimmer; Toddsterpatriot

Unintentionally funny.


62 posted on 01/19/2006 4:28:14 AM PST by 1rudeboy
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To: 1rudeboy
When she said "make stuff up", do you think she was referring to this ?
63 posted on 01/19/2006 8:04:30 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: kublia khan; 1rudeboy
It Is Time to Talk About North America
64 posted on 01/19/2006 8:16:13 AM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: hedgetrimmer
Do tinfoil helmets provide adequate protection against mind control rays?
65 posted on 01/19/2006 3:22:10 PM PST by 1rudeboy
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To: 1rudeboy

Why don't you discuss the points in the article?


66 posted on 01/19/2006 6:01:10 PM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: grundle

Not the cornmeal! Won't someone please think of the niños???


67 posted on 01/19/2006 6:03:11 PM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: hedgetrimmer

Which points? Do you mean price controls and expropriation? I'm still trying to get someone to explain to me how those are palatable to a "free trader" like Chavez.


68 posted on 01/19/2006 6:04:22 PM PST by 1rudeboy
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To: CGTRWK

"Yes, I sleep more soundly at night knowing we have a billion gallon strategic milk reserve."

Pssst. Buddy. I got your barn fulla milk right hea-ah. ;)


69 posted on 01/19/2006 6:05:12 PM PST by Diana in Wisconsin (Save The Earth. It's The Only Planet With Chocolate.)
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To: Zuben Elgenubi

I love arepas. Do you have a recipe? :)


70 posted on 01/19/2006 6:07:12 PM PST by BunnySlippers (Boorrrringg ...)
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To: grundle

Starvation of the masses is just around the corner.

And who will help them? Jimmy Carter? Ramsey Clark? France? Germany? Spain?

Who will help the poor? China? Russia? Saudi Arabia?

Who will help the poor against this dictator? Mexico?
Columbia?

Who will help?


71 posted on 01/19/2006 6:12:13 PM PST by Prost1 (Sandy Berger can steal, Clinton can cheat, but Bush can't listen!)
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To: Prost1
Who will help?

Whoever puts a bullet in Hugo's brainpan.

72 posted on 01/19/2006 6:24:10 PM PST by Stultis (I don't worry about the war turning into "Vietnam" in Iraq; I worry about it doing so in Congress.)
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To: 1rudeboy

You are responding to post #64 which is an article about North American integration with Canada and Mexico.


73 posted on 01/19/2006 6:55:51 PM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: 1rudeboy

How is ALBA palatable to a "free trader" like Chavez?


74 posted on 01/19/2006 6:57:11 PM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: hedgetrimmer

I'm still waiting for a response to my #49, which itself is related to another earlier comment, but thanks for pointing out the obvious.


75 posted on 01/20/2006 5:38:04 AM PST by 1rudeboy
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To: 1rudeboy

In case you didn't know, ALBA is Chavez's own "free trade" agreement with South American countries. Its VERY clear that he has no problem with "free trade", just as communists all over the world who are being enriched by this corrupt system, have no problem with it.


76 posted on 01/20/2006 7:17:16 AM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: hedgetrimmer

I got it. According to you he has no problem with free trade as long as he is able to institute price controls and expropriate assets. LOL


77 posted on 01/20/2006 7:19:28 AM PST by 1rudeboy
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To: 1rudeboy

Of course I never said anything of the sort, but you have a habit of making up stuff.


78 posted on 01/20/2006 7:23:04 AM PST by hedgetrimmer ("I'm millions richer, thanks to the revolutionary "free trade" system--Jaing Zemin)
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To: hedgetrimmer
Of course you never said anything of the sort, silly, you've been dodging the issue for days.
79 posted on 01/20/2006 7:25:18 AM PST by 1rudeboy
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To: grundle

Klowns.


80 posted on 01/20/2006 7:28:32 AM PST by Lonesome in Massachussets (NYT Headline: 'Protocols of the Learned Elders of CBS: Fake But Accurate, Experts Say.')
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