Posted on 06/30/2010 11:44:21 AM PDT by Dubya-M-DeesWent2SyriaStupid!
Venezuelan President Hugo Chavez (right) alongside Oil and Energy Minister ...
Venezuela's legislature has voted to nationalize 11 oil rigs owned by the US firm Helmerich & Payne.
The rigs, located in Monagas, Anzoategui and Zulia states, will be taken over by state oil giant Petroleos de Venezuela (PDVSA), the official news agency AVN said.
PDVSA had asked the legislature controlled by supporters of leftist President Hugo Chavez to take over the rigs after the US firm declined to negotiate a new service contract, unlike 32 other foreign firms.
(Excerpt) Read more at breitbart.com ...
Yup. that’s what we have the armed services for. But we know that’s not going to happen because Obama and Chavez are buddies.
d’Anconia Copper anyone?
d’Anconia Copper anyone?
That was my first thought.
I would opt for Wyatt’s Torch in this case.
Send in the US Marines!( as if).
| Ticker | Guru Name | Portfolio Date* | Current Shares | % of Shares Outstanding | % of Total Assets Managed | Change from Last Holdings |
NEW! Holding History |
|---|---|---|---|---|---|---|---|
| HP | Kenneth Fisher | 2010-03-31 | 1409413 | 1.33 | 0.16 | 23.18% | |
| HP | Jean-Marie Eveillard | 2010-03-31 | 3056992 | 2.89 | 0.9 | -0.22% | |
| HP | Ron Baron | 2010-03-31 | 3777037 | 3.57 | 0.94 | -7.34% | |
| HP | George Soros | 2010-03-31 | 9700 | 0.01 | 0.01 | -25.95% | |
 Most recent portfolio changes are included for Premium Members only! |
|||||||
Very interesting. Thanks for posting.
Great post/addition to thread. BTTT!
B U M P
I knew Soro’s was in on this continuation of money making sell out of America.
In fact, I wish that chavez would nationalize the hollywood movie industry and freeman and penn's property here in the U.S.
sigh, what a dreamer....
LEase to own or did Soro’s make bucks and Obama will announce some new phoney 600 billion relief effort and funnel the money to his bud Chavez.WHY NOT Obama sent 600 Billion to Hama’s terrorists.
So....it is stealing!
People don’t notice it, but the only industry nearly entirely free from Gov’t control is Hollywood.
I would like to see a politician put price controls on Hollywood actors and studios. Regulate what they can charge. Insist a certain % of films cover specific topics. Have a Gov’t oversight body approve every film before it is released. Nationalize a major studio.
Watch Hollywood HOWL.
Venezuela owes that company some big bucks and will not pay. Is that what Obambi plans with our debt spiraling out of control?
Too good to work here!
Good Post.
My new name for hollywood is howlywood!
Yes, the Rigs must be blown up and totally destroyed. Screw Chavez!!!!!!!!!!!!
Don’t you two understand that Hollywood is the progressive governments personal mouthpiece?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.