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To: Grendel9
We in America have forgotten about the neighbors to the South.

Hugo Chavez is doing what Fidel Castro could not.

He is getting his kind elected to or appointed to offices and will like the Iranian president try to take over South America.

His stated goal is to unite the old Bolivian empire.
10 posted on 05/02/2006 7:52:09 AM PDT by OKIEDOC (There's nothing like hearing someone say thank you for your help.)
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To: OKIEDOC; Grendel9; Mad Dawg

Don't forget that the companies made billion dollar investments into those facilities, expecting to recoup that investment over time. A US-based company was interested in building a LNG plant in Peru but is worried about the outcome of the Peruvian elections, of which Chavez keeps sticking his nose in.

Unfortunately, the companies will probably capitulate and run the plants while giving huge chunks of money to the leftist governemnts. If the companies had some backbone, they should shut it down, refuse to sell spare parts, etc, and good luck to the Bolivian "engineers" to run the company. Many of the national oil company "engineers" (PDVSA, Sonatrach, etc) are only in the positions because of nepostism. They are useless.

People should also keep China in mind. Companies constantly move operations to China for cheap labor. China sits quietly building its economy and its industry. We keep giving ours away. China knows that it is now still weaker, but it is waiting patiently. At some time in the future, China will nationalize all of its foriegn-owned industry, leaving America with serious problems.


19 posted on 05/02/2006 8:08:17 AM PDT by Barney Gumble (A liberal is someone too broadminded to take his own side in a quarrel - Robert Frost)
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