it's okay with the 0goatse, they are just evil oil companies...
Posted on 05/09/2009 7:11:50 AM PDT by TaxRelief
When I worked for ARCO, Venesuela nationalized our assets there. So people never learn!
Yes, but, who will decide the value of the seized assets, and since when has Chavez paid ANY of his bills?
Good idea. Let’s hope Drudge picks this up.
Was ARCO compensated?
NO. Nothing. Nada!
it's okay with the 0goatse, they are just evil oil companies...
What sickens me is that the left is rejoicing. It’s hard to believe these people are fellow Americans.
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x3869769
American taxpayers should have felt a vague sense of loss last week.
From http://www.fpif.org/briefs/vol4/v4n19opic.html
...The agency also sells insurance against: (1) currency inconvertibility—the deterioration in an investor’s ability to convert profits, debt service, and other remittances from local currency into U.S. dollars and to transfer those dollars out of the host country; (2) the loss of an investment due to expropriation, nationalization, or confiscation by a foreign government; and (3) the loss of assets or income due to war, revolution, insurrection, or politically motivated civil strife, terrorism, or sabotage. As part of its efforts to promote foreign investment by U.S. companies, OPIC holds seminars and conferences to explain its services. It also escorts corporate executives on foreign investment missions to meet business leaders, government officials, and potential joint-venture partners...
...If borrowers default on loans or if insurance claims are filed, the risk ultimately is borne by the U.S. government and taxpayers...
Ignorant children.
They are Americans only by accident, and as we like to say, should “swim to Cuba”
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