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  • Chavez threatens to seize farms

    01/21/2008 1:14:14 PM PST · by newbie2008 · 39 replies · 97+ views
    Latin America's answer to Africa's Comrade Bob Mugabe and Asia's Dear Leader Kim, Venezuala's T'Hugo has decided to copy another piece of the successful Zimbabwean economic program. The BBC reports that Chavez threatens to seize farms and goes on to explain the background: Venezuelan President Hugo Chavez has threatened to nationalise farms, in an effort to tackle food shortages. Government controls keep food prices low in shops to help even the poorest Venezuelans feed themselves. But some farmers prefer to sell their produce in neighbouring countries where prices are higher, leading to shortages of bread, milk, eggs and meat. In...