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To: Owen; caww; DoughtyOne; All

On the subject of contract law, didn’t they seize or nationalize some of our oil company assets? Is that why we no longer would make loans? I don’t really know the answer, but this is surfacing in my 80 year old mind.


85 posted on 01/28/2019 11:53:14 AM PST by gleeaikin
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To: gleeaikin
I'm not sure about the loan end of it, but Venezuela did seize some of our oil company's assets.

LINK

100 posted on 01/28/2019 1:50:47 PM PST by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 $215.71 from 50% increase in 1.2183 yrs)
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To: gleeaikin

On the subject of contract law, didn’t they seize or nationalize some of our oil company assets? Is that why we no longer would make loans? >>>>>>

You are 100% correct. Chavez did that and then turned to the Russians.


114 posted on 01/30/2019 4:11:38 AM PST by Candor7 ((Obama Fascism)http://www.americanthinker.com/articles/2009/05/barack_obama_the_quintessentia_1.html)
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