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Venezuela's Chavez Orders Seizure of Owens-Illinois
cnbc ^ | Oct 26, 2010

Posted on 10/26/2010 11:23:49 AM PDT by Lazamataz

Venezuelan President Hugo Chavez ordered the expropriation of U.S.-based glass container manufacturer Owens-Illinois's subsidiary in the South American country.

Company spokeswoman Stephanie Johnston said Tuesday that "we were surprised to learn of this decision and we are prepared to work with government officials to better understand the situation."

Chavez announced plans to expropriate the company in a televised speech late Monday. The leftist leader criticized the company's practices in the country, saying it had been "taking away the money of Venezuelans" and exploiting local people.


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: chavez; gloriesofcommunism; hugoland; venezuela
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Just plundering like Communists do. If I'm an American business in Venezuela, I'm pulling out TODAY. Let 'em rot.
1 posted on 10/26/2010 11:23:53 AM PDT by Lazamataz
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To: Lazamataz

I’d burn it to the ground....


2 posted on 10/26/2010 11:25:35 AM PDT by rightwingextremist1776
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To: Lazamataz

Exactly! We need the jobs anyway.


3 posted on 10/26/2010 11:25:38 AM PDT by Marty62 (marty60)
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To: Lazamataz

When is the US government going to start doing something about these commies taking the property of US citizens without compensation.

In the not so far past we would of invaded any country that tried to steal from our citizens in this way.


4 posted on 10/26/2010 11:26:58 AM PDT by TexasFreeper2009 (Obama = Epic Fail)
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To: Lazamataz

Owens should burn the factory down & leave them to fend for themselves.


5 posted on 10/26/2010 11:27:26 AM PDT by Smittie
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To: Lazamataz

“....and we are prepared to work with government officials...”

You cannot *work* with a dictator!


6 posted on 10/26/2010 11:27:36 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: Lazamataz

Where are the Marines? Park an aircraft carrier off Venezuela, but I guess that would require balls, and Michelle’s the only one with those...


7 posted on 10/26/2010 11:28:01 AM PDT by neodad (USS Vincennes (CG 49) "Freedom's Fortress")
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To: Lazamataz
De Ja Castro, 1960!

Mike

8 posted on 10/26/2010 11:28:41 AM PDT by MichaelP (Put a Stake in the RATS hearts November 2nd)
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To: Lazamataz

Who is John Galt?


9 posted on 10/26/2010 11:28:50 AM PDT by utherdoul
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To: Lazamataz

In saner days, with patriotic statesman at the helm, that would constitute an act of war.

Don’t know where we are with insolent, thoroughly unaccomplished CommieRaceBoy in charge.


10 posted on 10/26/2010 11:28:50 AM PDT by EyeGuy
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To: Lazamataz
In Washington, the White House released a statement hailing the move as “a victory for the people of Venezuela and President Chavez against the exploitative forces of global capitalism.”
11 posted on 10/26/2010 11:29:10 AM PDT by mojito
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To: Lazamataz

Todays work schedule:

06:30 Burn plant to the ground
07:15 Collect final checks
08:00 Addios, amigos!


12 posted on 10/26/2010 11:29:14 AM PDT by Lonesome in Massachussets (If not Boston, then Texas. Go Rangers!)
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To: Lazamataz

One of these days Chavez is going to pull this crap on the wrong people and will be taking a VERY LONG dirt nap!


13 posted on 10/26/2010 11:29:20 AM PDT by WellyP
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To: Lazamataz

That is what all dictators would say...


14 posted on 10/26/2010 11:29:24 AM PDT by sigzero
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To: rightwingextremist1776

Hmm... Collect the insurance and screw Chavez in one fell swoop.


15 posted on 10/26/2010 11:29:28 AM PDT by RedTail
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To: rightwingextremist1776
"Atlas Shrugged"

If you take away what the Industrialists have built, then the Industrialists may decide to just destroy the thing in the first place.

Wyatt's Torch is a great symbol for this in an Age of Looters.

16 posted on 10/26/2010 11:29:35 AM PDT by ClearCase_guy
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To: Lazamataz

HA! I just read your True Story on your profile. It should have been performed by Frank Zappa!


17 posted on 10/26/2010 11:30:28 AM PDT by massgopguy (I owe everything to George Bailey)
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To: Lazamataz
....we are prepared to work with government officials to better understand the situation."

What part of "Get the hell out, gringo!" don't you understand?.........

18 posted on 10/26/2010 11:30:53 AM PDT by Red Badger (WOULD SOMEBODY PLEASE GIVE MEGHAN MCCAIN A BOX OF KRISPY KREMES SO SHE'LL SHUT THE HELL UP?!)
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To: Lazamataz

The average Venezuelan is appalled by what the Chavez administration has wrought. Lots of parallels with our current leadership, Chavez swept in promising reform, honesty, and moderation. Of course, he then proceeded to remake Venezuela as a socialist utopia (which has failed miserably), and continues to silence any opposing voices and seize the assets of private companies.

A dictator of the worst sort, and still a darling of the American left.

Sounds really familiar, don’t it?


19 posted on 10/26/2010 11:31:44 AM PDT by Tigerized (pursuingliberty.com)
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To: Lazamataz

Wyatt’s Torch.


20 posted on 10/26/2010 11:32:08 AM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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