| Topic: |
Politics > Politics-USA |
| User: |
"Captain Compassion" |
| Date: |
13 Feb 2007 08:05:08 PM |
| Object: |
Venezuela's Chavez sets fast nationalization pace |
Venezuela's Chavez sets fast nationalization pace
By Brian Ellsworth
1 hour, 47 minutes ago
CARACAS (Reuters) - Venezuelan President Hugo Chavez is setting a
faster than expected pace in his nationalization drive toward
self-styled socialism, striking three takeover deals that push out
U.S. firms in about a month.
Chavez, an ally of Cuba who is vehemently opposed to what he sees as
U.S. imperialism, is boosting state involvement in Venezuela, the No.
4 supplier of oil to the United States, as he consolidates power after
a landslide re-election last year.
Venezuelan authorities said on Tuesday they would buy the assets of
U.S. power company CMS for $106 million, a day after cutting a similar
deal with telecom giant Verizon for $572 million.
Last week the government signed an accord to buy the holdings of
U.S.-based global power generation firm AES Corp. for $750 million
despite analysts' predictions of protracted takeover battles.
"The government has showed it's clearly willing to move at a
particularly fast pace to deliver on promises," said Patrick
Esteruelas, an analyst with the Eurasia Group.
The deals came two weeks after Chavez received special powers to rule
by decree and five weeks after he vowed to nationalize the
telecommunications and power utilities.
The announcements on January 8, which Esteruelas dubbed "Red Monday,"
wiped out a fifth of the Caracas stock exchange's value.
Chavez quickly implemented the nationalizations by avoiding protracted
legal battles and outright seizures, and, instead, striking buyout
deals.
The companies did not have the choice to hold on to their investments,
but they and economists said the buyout terms were tough but fair
given the nation's deteriorating investment climate.
ACCELERATED EFFORT
New Vice President Jorge Rodriguez, a central player in the
nationalization effort, cited the state's purchase of Verizon's 29
percent stake in Venezuelan phone company CANTV as a sign the process
was "fast and transparent."
Chavez is in the vanguard of Latin America's resurgent left, which has
also swept Bolivia and Ecuador with promises to roll back 1990s'
free-market reforms that first brought companies like AES and Verizon
to Venezuela.
The nationalization push follows Venezuela's campaign over the
previous two years to regain control of its oilfields and boost taxes
on industry operations.
But Chavez, a former army officer, may face a tougher fight to take
control by May 1 of four oil projects in the Orinoco basin worth $30
billion.
Rex Tillerson, chief of Texas-based Exxon Mobil, expressed doubt that
change of control of the Orinoco projects could meet Chavez' ambitious
deadline.
The aggressive nationalization efforts have sparked investor concerns
about working in Venezuela, already a tough environment due to
double-digit inflation and heavy government regulations.
Chavez's heavy social spending has built up political support but has
sparked inflation, and government price controls at times restrict the
supply of basic consumer goods.
Annual inflation reached 18.4 percent in January and grocery stores
last week ran out of beef, a problem the government blamed on hoarding
by suppliers.
Luis Zambrano, an economist with Venezuela's Banco Mercantil, said
Chavez's nationalization announcements had led to panic that fueled
economic problems, convincing authorities they needed to finish the
takeovers quickly.
"The deterioration of the economic environment produced by the
president's initial announcements has pushed the government to
negotiate quickly," he said.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
daranc@NOSPAMverizon.net
.
|
|
| User: "" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
13 Feb 2007 08:45:55 PM |
|
|
On Feb 13, 6:05 pm, Captain Compassion <dar...@NOSPAMverizon.net>
wrote:
Venezuela's Chavez sets fast nationalization pace
By Brian Ellsworth
1 hour, 47 minutes ago
CARACAS (Reuters) - Venezuelan President Hugo Chavez is setting a
faster than expected pace in his nationalization drive toward
self-styled socialism, striking three takeover deals that push out
U.S. firms in about a month.
Chavez, an ally of Cuba who is vehemently opposed to what he sees as
U.S. imperialism, is boosting state involvement in Venezuela, the No.
4 supplier of oil to the United States, as he consolidates power after
a landslide re-election last year.
Venezuelan authorities said on Tuesday they would buy the assets of
U.S. power company CMS for $106 million, a day after cutting a similar
deal with telecom giant Verizon for $572 million.
Last week the government signed an accord to buy the holdings of
U.S.-based global power generation firm AES Corp. for $750 million
despite analysts' predictions of protracted takeover battles.
"The government has showed it's clearly willing to move at a
particularly fast pace to deliver on promises," said Patrick
Esteruelas, an analyst with the Eurasia Group.
The deals came two weeks after Chavez received special powers to rule
by decree and five weeks after he vowed to nationalize the
telecommunications and power utilities.
The announcements on January 8, which Esteruelas dubbed "Red Monday,"
wiped out a fifth of the Caracas stock exchange's value.
Chavez quickly implemented the nationalizations by avoiding protracted
legal battles and outright seizures, and, instead, striking buyout
deals.
The companies did not have the choice to hold on to their investments,
but they and economists said the buyout terms were tough but fair
given the nation's deteriorating investment climate.
ACCELERATED EFFORT
New Vice President Jorge Rodriguez, a central player in the
nationalization effort, cited the state's purchase of Verizon's 29
percent stake in Venezuelan phone company CANTV as a sign the process
was "fast and transparent."
Chavez is in the vanguard of Latin America's resurgent left, which has
also swept Bolivia and Ecuador with promises to roll back 1990s'
free-market reforms that first brought companies like AES and Verizon
to Venezuela.
The nationalization push follows Venezuela's campaign over the
previous two years to regain control of its oilfields and boost taxes
on industry operations.
But Chavez, a former army officer, may face a tougher fight to take
control by May 1 of four oil projects in the Orinoco basin worth $30
billion.
Rex Tillerson, chief of Texas-based Exxon Mobil, expressed doubt that
change of control of the Orinoco projects could meet Chavez' ambitious
deadline.
The aggressive nationalization efforts have sparked investor concerns
about working in Venezuela, already a tough environment due to
double-digit inflation and heavy government regulations.
Chavez's heavy social spending has built up political support but has
sparked inflation, and government price controls at times restrict the
supply of basic consumer goods.
Annual inflation reached 18.4 percent in January and grocery stores
last week ran out of beef, a problem the government blamed on hoarding
by suppliers.
Luis Zambrano, an economist with Venezuela's Banco Mercantil, said
Chavez's nationalization announcements had led to panic that fueled
economic problems, convincing authorities they needed to finish the
takeovers quickly.
"The deterioration of the economic environment produced by the
president's initial announcements has pushed the government to
negotiate quickly," he said.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net
Potential problems for you petro-dollar money trees, capn?
Don't worry completely.. Chavez is apparently paying about 1/3 of
initial corporate asking prices.
The corporatists of course hate him.. and of course most of the down-
trodden love him.
It's the sort of extremist polarization and backlash that occurs when
things get out of balance.
Consider brazil nut farms and wind farms as innocuous investment
alternatives.
.
|
|
|
| User: "Captain Compassion" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
14 Feb 2007 12:11:39 AM |
|
|
On 13 Feb 2007 18:45:55 -0800, wrote:
On Feb 13, 6:05 pm, Captain Compassion <dar...@NOSPAMverizon.net>
wrote:
Venezuela's Chavez sets fast nationalization pace
By Brian Ellsworth
1 hour, 47 minutes ago
CARACAS (Reuters) - Venezuelan President Hugo Chavez is setting a
faster than expected pace in his nationalization drive toward
self-styled socialism, striking three takeover deals that push out
U.S. firms in about a month.
Chavez, an ally of Cuba who is vehemently opposed to what he sees as
U.S. imperialism, is boosting state involvement in Venezuela, the No.
4 supplier of oil to the United States, as he consolidates power after
a landslide re-election last year.
Venezuelan authorities said on Tuesday they would buy the assets of
U.S. power company CMS for $106 million, a day after cutting a similar
deal with telecom giant Verizon for $572 million.
Last week the government signed an accord to buy the holdings of
U.S.-based global power generation firm AES Corp. for $750 million
despite analysts' predictions of protracted takeover battles.
"The government has showed it's clearly willing to move at a
particularly fast pace to deliver on promises," said Patrick
Esteruelas, an analyst with the Eurasia Group.
The deals came two weeks after Chavez received special powers to rule
by decree and five weeks after he vowed to nationalize the
telecommunications and power utilities.
The announcements on January 8, which Esteruelas dubbed "Red Monday,"
wiped out a fifth of the Caracas stock exchange's value.
Chavez quickly implemented the nationalizations by avoiding protracted
legal battles and outright seizures, and, instead, striking buyout
deals.
The companies did not have the choice to hold on to their investments,
but they and economists said the buyout terms were tough but fair
given the nation's deteriorating investment climate.
ACCELERATED EFFORT
New Vice President Jorge Rodriguez, a central player in the
nationalization effort, cited the state's purchase of Verizon's 29
percent stake in Venezuelan phone company CANTV as a sign the process
was "fast and transparent."
Chavez is in the vanguard of Latin America's resurgent left, which has
also swept Bolivia and Ecuador with promises to roll back 1990s'
free-market reforms that first brought companies like AES and Verizon
to Venezuela.
The nationalization push follows Venezuela's campaign over the
previous two years to regain control of its oilfields and boost taxes
on industry operations.
But Chavez, a former army officer, may face a tougher fight to take
control by May 1 of four oil projects in the Orinoco basin worth $30
billion.
Rex Tillerson, chief of Texas-based Exxon Mobil, expressed doubt that
change of control of the Orinoco projects could meet Chavez' ambitious
deadline.
The aggressive nationalization efforts have sparked investor concerns
about working in Venezuela, already a tough environment due to
double-digit inflation and heavy government regulations.
Chavez's heavy social spending has built up political support but has
sparked inflation, and government price controls at times restrict the
supply of basic consumer goods.
Annual inflation reached 18.4 percent in January and grocery stores
last week ran out of beef, a problem the government blamed on hoarding
by suppliers.
Luis Zambrano, an economist with Venezuela's Banco Mercantil, said
Chavez's nationalization announcements had led to panic that fueled
economic problems, convincing authorities they needed to finish the
takeovers quickly.
"The deterioration of the economic environment produced by the
president's initial announcements has pushed the government to
negotiate quickly," he said.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net
Potential problems for you petro-dollar money trees, capn?
Don't worry completely.. Chavez is apparently paying about 1/3 of
initial corporate asking prices.
The corporatists of course hate him.. and of course most of the down-
trodden love him.
It's the sort of extremist polarization and backlash that occurs when
things get out of balance.
National economic suicide will balance things again?
Consider brazil nut farms and wind farms as innocuous investment
alternatives.
What ever happens the price of oil will go up.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
daranc@NOSPAMverizon.net
.
|
|
|
| User: "" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
15 Feb 2007 10:07:38 AM |
|
|
"Captain Compassion" <daranc@NOSPAMverizon.net> wrote in message
news:8r95t256ch66bascfm9gvrc6l2ni95nk61@4ax.com...
On 13 Feb 2007 18:45:55 -0800, wrote:
On Feb 13, 6:05 pm, Captain Compassion <dar...@NOSPAMverizon.net>
wrote:
Venezuela's Chavez sets fast nationalization pace
By Brian Ellsworth
1 hour, 47 minutes ago
CARACAS (Reuters) - Venezuelan President Hugo Chavez is setting a
faster than expected pace in his nationalization drive toward
self-styled socialism, striking three takeover deals that push out
U.S. firms in about a month.
Chavez, an ally of Cuba who is vehemently opposed to what he sees as
U.S. imperialism, is boosting state involvement in Venezuela, the No.
4 supplier of oil to the United States, as he consolidates power after
a landslide re-election last year.
Venezuelan authorities said on Tuesday they would buy the assets of
U.S. power company CMS for $106 million, a day after cutting a similar
deal with telecom giant Verizon for $572 million.
Last week the government signed an accord to buy the holdings of
U.S.-based global power generation firm AES Corp. for $750 million
despite analysts' predictions of protracted takeover battles.
"The government has showed it's clearly willing to move at a
particularly fast pace to deliver on promises," said Patrick
Esteruelas, an analyst with the Eurasia Group.
The deals came two weeks after Chavez received special powers to rule
by decree and five weeks after he vowed to nationalize the
telecommunications and power utilities.
The announcements on January 8, which Esteruelas dubbed "Red Monday,"
wiped out a fifth of the Caracas stock exchange's value.
Chavez quickly implemented the nationalizations by avoiding protracted
legal battles and outright seizures, and, instead, striking buyout
deals.
The companies did not have the choice to hold on to their investments,
but they and economists said the buyout terms were tough but fair
given the nation's deteriorating investment climate.
ACCELERATED EFFORT
New Vice President Jorge Rodriguez, a central player in the
nationalization effort, cited the state's purchase of Verizon's 29
percent stake in Venezuelan phone company CANTV as a sign the process
was "fast and transparent."
Chavez is in the vanguard of Latin America's resurgent left, which has
also swept Bolivia and Ecuador with promises to roll back 1990s'
free-market reforms that first brought companies like AES and Verizon
to Venezuela.
The nationalization push follows Venezuela's campaign over the
previous two years to regain control of its oilfields and boost taxes
on industry operations.
But Chavez, a former army officer, may face a tougher fight to take
control by May 1 of four oil projects in the Orinoco basin worth $30
billion.
Rex Tillerson, chief of Texas-based Exxon Mobil, expressed doubt that
change of control of the Orinoco projects could meet Chavez' ambitious
deadline.
The aggressive nationalization efforts have sparked investor concerns
about working in Venezuela, already a tough environment due to
double-digit inflation and heavy government regulations.
Chavez's heavy social spending has built up political support but has
sparked inflation, and government price controls at times restrict the
supply of basic consumer goods.
Annual inflation reached 18.4 percent in January and grocery stores
last week ran out of beef, a problem the government blamed on hoarding
by suppliers.
Luis Zambrano, an economist with Venezuela's Banco Mercantil, said
Chavez's nationalization announcements had led to panic that fueled
economic problems, convincing authorities they needed to finish the
takeovers quickly.
"The deterioration of the economic environment produced by the
president's initial announcements has pushed the government to
negotiate quickly," he said.
I read this morning that Hugo the Hugly (remember the silent "H" in Spanish)
is threatening to take over the food distribution and stoarge systems. Two
questions: How long before the whole thing implodes and Hugo's head in on a
pike somewere, and why don't loony left loser libs ever learn?
Dennis
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here,
not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they
alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net
Potential problems for you petro-dollar money trees, capn?
Don't worry completely.. Chavez is apparently paying about 1/3 of
initial corporate asking prices.
The corporatists of course hate him.. and of course most of the down-
trodden love him.
It's the sort of extremist polarization and backlash that occurs when
things get out of balance.
National economic suicide will balance things again?
Consider brazil nut farms and wind farms as innocuous investment
alternatives.
What ever happens the price of oil will go up.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
daranc@NOSPAMverizon.net
.
|
|
|
| User: "" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
15 Feb 2007 10:13:57 AM |
|
|
On Feb 15, 8:07 am, <no_surren...@never.net> wrote:
"Captain Compassion" <dar...@NOSPAMverizon.net> wrote in message
news:8r95t256ch66bascfm9gvrc6l2ni95nk61@4ax.com...
On 13 Feb 2007 18:45:55 -0800, wrote:
On Feb 13, 6:05 pm, Captain Compassion <dar...@NOSPAMverizon.net>
wrote:
Venezuela's Chavez sets fast nationalization pace
By Brian Ellsworth
1 hour, 47 minutes ago
CARACAS (Reuters) - Venezuelan President Hugo Chavez is setting a
faster than expected pace in his nationalization drive toward
self-styled socialism, striking three takeover deals that push out
U.S. firms in about a month.
Chavez, an ally of Cuba who is vehemently opposed to what he sees as
U.S. imperialism, is boosting state involvement in Venezuela, the No.
4 supplier of oil to the United States, as he consolidates power after
a landslide re-election last year.
Venezuelan authorities said on Tuesday they would buy the assets of
U.S. power company CMS for $106 million, a day after cutting a similar
deal with telecom giant Verizon for $572 million.
Last week the government signed an accord to buy the holdings of
U.S.-based global power generation firm AES Corp. for $750 million
despite analysts' predictions of protracted takeover battles.
"The government has showed it's clearly willing to move at a
particularly fast pace to deliver on promises," said Patrick
Esteruelas, an analyst with the Eurasia Group.
The deals came two weeks after Chavez received special powers to rule
by decree and five weeks after he vowed to nationalize the
telecommunications and power utilities.
The announcements on January 8, which Esteruelas dubbed "Red Monday,"
wiped out a fifth of the Caracas stock exchange's value.
Chavez quickly implemented the nationalizations by avoiding protracted
legal battles and outright seizures, and, instead, striking buyout
deals.
The companies did not have the choice to hold on to their investments,
but they and economists said the buyout terms were tough but fair
given the nation's deteriorating investment climate.
ACCELERATED EFFORT
New Vice President Jorge Rodriguez, a central player in the
nationalization effort, cited the state's purchase of Verizon's 29
percent stake in Venezuelan phone company CANTV as a sign the process
was "fast and transparent."
Chavez is in the vanguard of Latin America's resurgent left, which has
also swept Bolivia and Ecuador with promises to roll back 1990s'
free-market reforms that first brought companies like AES and Verizon
to Venezuela.
The nationalization push follows Venezuela's campaign over the
previous two years to regain control of its oilfields and boost taxes
on industry operations.
But Chavez, a former army officer, may face a tougher fight to take
control by May 1 of four oil projects in the Orinoco basin worth $30
billion.
Rex Tillerson, chief of Texas-based Exxon Mobil, expressed doubt that
change of control of the Orinoco projects could meet Chavez' ambitious
deadline.
The aggressive nationalization efforts have sparked investor concerns
about working in Venezuela, already a tough environment due to
double-digit inflation and heavy government regulations.
Chavez's heavy social spending has built up political support but has
sparked inflation, and government price controls at times restrict the
supply of basic consumer goods.
Annual inflation reached 18.4 percent in January and grocery stores
last week ran out of beef, a problem the government blamed on hoarding
by suppliers.
Luis Zambrano, an economist with Venezuela's Banco Mercantil, said
Chavez's nationalization announcements had led to panic that fueled
economic problems, convincing authorities they needed to finish the
takeovers quickly.
"The deterioration of the economic environment produced by the
president's initial announcements has pushed the government to
negotiate quickly," he said.
I read this morning that Hugo the Hugly (remember the silent "H" in Spanish)
is threatening to take over the food distribution and stoarge systems. Two
questions: How long before the whole thing implodes and Hugo's head in on a
pike somewere, and why don't loony left loser libs ever learn?
Dennis
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here,
not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they
alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net
Potential problems for you petro-dollar money trees, capn?
Don't worry completely.. Chavez is apparently paying about 1/3 of
initial corporate asking prices.
The corporatists of course hate him.. and of course most of the down-
trodden love him.
It's the sort of extremist polarization and backlash that occurs when
things get out of balance.
National economic suicide will balance things again?
Consider brazil nut farms and wind farms as innocuous investment
alternatives.
What ever happens the price of oil will go up.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net- Hide quoted text -
- Show quoted text -- Hide quoted text -
- Show quoted text -
Because when too a great an inequity in wealth division is allowed to
develop - the 'inequitied' get pissed.
.
|
|
|
| User: "Captain Compassion" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
17 Feb 2007 05:06:43 PM |
|
|
On 15 Feb 2007 08:13:57 -0800, wrote:
On Feb 15, 8:07 am, <no_surren...@never.net> wrote:
"Captain Compassion" <dar...@NOSPAMverizon.net> wrote in message
news:8r95t256ch66bascfm9gvrc6l2ni95nk61@4ax.com...
On 13 Feb 2007 18:45:55 -0800, wrote:
On Feb 13, 6:05 pm, Captain Compassion <dar...@NOSPAMverizon.net>
wrote:
Venezuela's Chavez sets fast nationalization pace
By Brian Ellsworth
1 hour, 47 minutes ago
CARACAS (Reuters) - Venezuelan President Hugo Chavez is setting a
faster than expected pace in his nationalization drive toward
self-styled socialism, striking three takeover deals that push out
U.S. firms in about a month.
Chavez, an ally of Cuba who is vehemently opposed to what he sees as
U.S. imperialism, is boosting state involvement in Venezuela, the No.
4 supplier of oil to the United States, as he consolidates power after
a landslide re-election last year.
Venezuelan authorities said on Tuesday they would buy the assets of
U.S. power company CMS for $106 million, a day after cutting a similar
deal with telecom giant Verizon for $572 million.
Last week the government signed an accord to buy the holdings of
U.S.-based global power generation firm AES Corp. for $750 million
despite analysts' predictions of protracted takeover battles.
"The government has showed it's clearly willing to move at a
particularly fast pace to deliver on promises," said Patrick
Esteruelas, an analyst with the Eurasia Group.
The deals came two weeks after Chavez received special powers to rule
by decree and five weeks after he vowed to nationalize the
telecommunications and power utilities.
The announcements on January 8, which Esteruelas dubbed "Red Monday,"
wiped out a fifth of the Caracas stock exchange's value.
Chavez quickly implemented the nationalizations by avoiding protracted
legal battles and outright seizures, and, instead, striking buyout
deals.
The companies did not have the choice to hold on to their investments,
but they and economists said the buyout terms were tough but fair
given the nation's deteriorating investment climate.
ACCELERATED EFFORT
New Vice President Jorge Rodriguez, a central player in the
nationalization effort, cited the state's purchase of Verizon's 29
percent stake in Venezuelan phone company CANTV as a sign the process
was "fast and transparent."
Chavez is in the vanguard of Latin America's resurgent left, which has
also swept Bolivia and Ecuador with promises to roll back 1990s'
free-market reforms that first brought companies like AES and Verizon
to Venezuela.
The nationalization push follows Venezuela's campaign over the
previous two years to regain control of its oilfields and boost taxes
on industry operations.
But Chavez, a former army officer, may face a tougher fight to take
control by May 1 of four oil projects in the Orinoco basin worth $30
billion.
Rex Tillerson, chief of Texas-based Exxon Mobil, expressed doubt that
change of control of the Orinoco projects could meet Chavez' ambitious
deadline.
The aggressive nationalization efforts have sparked investor concerns
about working in Venezuela, already a tough environment due to
double-digit inflation and heavy government regulations.
Chavez's heavy social spending has built up political support but has
sparked inflation, and government price controls at times restrict the
supply of basic consumer goods.
Annual inflation reached 18.4 percent in January and grocery stores
last week ran out of beef, a problem the government blamed on hoarding
by suppliers.
Luis Zambrano, an economist with Venezuela's Banco Mercantil, said
Chavez's nationalization announcements had led to panic that fueled
economic problems, convincing authorities they needed to finish the
takeovers quickly.
"The deterioration of the economic environment produced by the
president's initial announcements has pushed the government to
negotiate quickly," he said.
I read this morning that Hugo the Hugly (remember the silent "H" in Spanish)
is threatening to take over the food distribution and stoarge systems. Two
questions: How long before the whole thing implodes and Hugo's head in on a
pike somewere, and why don't loony left loser libs ever learn?
Dennis
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here,
not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they
alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net
Potential problems for you petro-dollar money trees, capn?
Don't worry completely.. Chavez is apparently paying about 1/3 of
initial corporate asking prices.
The corporatists of course hate him.. and of course most of the down-
trodden love him.
It's the sort of extremist polarization and backlash that occurs when
things get out of balance.
National economic suicide will balance things again?
Consider brazil nut farms and wind farms as innocuous investment
alternatives.
What ever happens the price of oil will go up.
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
dar...@NOSPAMverizon.net- Hide quoted text -
- Show quoted text -- Hide quoted text -
- Show quoted text -
Because when too a great an inequity in wealth division is allowed to
develop - the 'inequitied' get pissed.
So you decrease inequity by making everyone poor?
You can never redistribute wealth only poverty. Because of the natural
inequities of man and the nature of wealth it is impossible for all
men to be rich. It is possible for all men to be poor. Just ask any
Socialist they can tell you how. -- Captain Compassion
--
There may come a time when the CO2 police will wander the earth telling
the poor and the dispossed how many dung chips they can put on their
cook fires. -- Captain Compassion.
Wherever I go it will be well with me, for it was well with me here, not
on account of the place, but of my judgments which I shall carry away
with me, for no one can deprive me of these; on the contrary, they alone
are my property, and cannot be taken away, and to possess them suffices
me wherever I am or whatever I do. -- EPICTETUS
"Civilization is the interval between Ice Ages." -- Will Durant.
"Progress is the increasing control of the environment by life.
--Will Durant
Joseph R. Darancette
daranc@NOSPAMverizon.net
.
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
17 Feb 2007 07:48:19 PM |
|
|
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes actors and
pitchmen for their "labor" while condemning the working man to endless
unprofitable toil?
A progressive system of taxation finds funds where they are plentiful.
What's an extra million to Bill Gates?
You can never redistribute wealth only poverty.
You can try!
Because of the natural
inequities of man and the nature of wealth it is impossible for all
men to be rich.
Who says that is the desired outcome? But in reality Americans are
generally living very well, well beyond the means of America to uphold.
It is possible for all men to be poor. Just ask any
Socialist they can tell you how. -- Captain Compassion
That's just a silly sloganeering smear. American's love their socialist
safety net programs, and sure as Hell don't want a return to
pre-progressive abuses. You McKinley lovers are out of step with the
mainstream.
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
17 Feb 2007 07:49:44 PM |
|
|
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes actors
and pitchmen for their "labor" while condemning the working man to
endless unprofitable toil?
A progressive system of taxation finds funds where they are plentiful.
What's an extra million to Bill Gates?
Why would you further tax Bill Gates? A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done more to help
the poor, heal the sick, educate those that wouldn't have had the chance
otherwise, than the government ever has doesn't need to be taxed more.
.
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
17 Feb 2007 11:52:38 PM |
|
|
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes actors
and pitchmen for their "labor" while condemning the working man to
endless unprofitable toil?
A progressive system of taxation finds funds where they are plentiful.
What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done more to help
the poor, heal the sick, educate those that wouldn't have had the chance
otherwise, than the government ever has doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
Then the govt ought to bust up Microshaft for good measure. I hate a
parasitical bloodsucker, and Billy is a prime example.
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 07:51:09 AM |
|
|
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes actors
and pitchmen for their "labor" while condemning the working man to
endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done more
to help the poor, heal the sick, educate those that wouldn't have
had the chance otherwise, than the government ever has doesn't need
to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them to move
to. Good luck.
.
|
|
|
| User: "liberalhere" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 05:58:22 PM |
|
|
"Andrealphus" <NOTAREALEMAIL_1@FAM.NET> wrote in
news:hRYBh.2910$x74.2492@newsread4.news.pas.earthlink.net:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes actors
and pitchmen for their "labor" while condemning the working man to
endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done more
to help the poor, heal the sick, educate those that wouldn't have
had the chance otherwise, than the government ever has doesn't need
to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them to
move to. Good luck.
Why did Bill tell Clinton to send the US Seventh Fleet to cruise off the
Chinese coast to underscore his "intellectual property rights"? Hint:
China didn't recognize such rights.
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 06:58:37 PM |
|
|
In News Xns98DBC0FFC5051liberalhereyahoocom@216.168.3.44,, liberalhere at
liberalhere@yahoo.com, typed this:
"Andrealphus" <NOTAREALEMAIL_1@FAM.NET> wrote in
news:hRYBh.2910$x74.2492@newsread4.news.pas.earthlink.net:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them to
move to. Good luck.
Why did Bill tell Clinton to send the US Seventh Fleet to cruise off
the Chinese coast to underscore his "intellectual property rights"?
Hint: China didn't recognize such rights.
Sorry, did I miscommunicate? I don't live in China. Eventually,
intellectual property rights will be an issue that the Chinese will enforce.
.
|
|
|
| User: "liberalhere" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 08:21:29 PM |
|
|
"Andrealphus" <NOTAREALEMAIL_1@FAM.NET> wrote in
news:1D6Ch.3764$tD2.3464@newsread1.news.pas.earthlink.net:
In News Xns98DBC0FFC5051liberalhereyahoocom@216.168.3.44,, liberalhere
at liberalhere@yahoo.com, typed this:
"Andrealphus" <NOTAREALEMAIL_1@FAM.NET> wrote in
news:hRYBh.2910$x74.2492@newsread4.news.pas.earthlink.net:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
Why did Bill tell Clinton to send the US Seventh Fleet to cruise off
the Chinese coast to underscore his "intellectual property rights"?
Hint: China didn't recognize such rights.
Sorry, did I miscommunicate? I don't live in China. Eventually,
intellectual property rights will be an issue that the Chinese will
enforce.
Are you that dim? Gates saw the Seventh Fleet as part of Microsoft's
copyright protection system. None of that individalistic self-reliance for
Bill. He didn't go to Chinese courts armed with good 'ol American
"standing on one's own two feet." BTW, are you aware that all of Gates'
software concepts were copied from non-Microsoft products?
And for what it's worth, China is protecting its own intellectual
property. Yours is, and shall ever be, free game.
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 08:30:47 PM |
|
|
In News Xns98DBD943AFD4Dliberalhereyahoocom@216.168.3.44,, liberalhere at
liberalhere@yahoo.com, typed this:
"Andrealphus" <NOTAREALEMAIL_1@FAM.NET> wrote in
news:1D6Ch.3764$tD2.3464@newsread1.news.pas.earthlink.net:
In News Xns98DBC0FFC5051liberalhereyahoocom@216.168.3.44,,
liberalhere at liberalhere@yahoo.com, typed this:
"Andrealphus" <NOTAREALEMAIL_1@FAM.NET> wrote in
news:hRYBh.2910$x74.2492@newsread4.news.pas.earthlink.net:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
Why did Bill tell Clinton to send the US Seventh Fleet to cruise off
the Chinese coast to underscore his "intellectual property rights"?
Hint: China didn't recognize such rights.
Sorry, did I miscommunicate? I don't live in China. Eventually,
intellectual property rights will be an issue that the Chinese will
enforce.
Are you that dim?
Nope, it's just a matter of time.
Gates saw the Seventh Fleet as part of Microsoft's
copyright protection system.
Bull. Can you show that Gates ordered the Seventh Fleet to do that?
None of that individalistic
self-reliance for Bill. He didn't go to Chinese courts armed with
good 'ol American "standing on one's own two feet." BTW, are you
aware that all of Gates' software concepts were copied from
non-Microsoft products?
That is also nonsense.
And for what it's worth, China is protecting its own intellectual
property. Yours is, and shall ever be, free game.
LOL! Doubtful.
.
|
|
|
|
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 10:45:33 AM |
|
|
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes actors
and pitchmen for their "labor" while condemning the working man to
endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done more
to help the poor, heal the sick, educate those that wouldn't have
had the chance otherwise, than the government ever has doesn't need
to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them to move
to. Good luck.
If you think that progressive taxation = communism you need to educate
yourself.
Another poster likes the slogan "Repug supporters are either
millionaires or fools"
That applies to you in spades. Wise up
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 10:54:34 AM |
|
|
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
If you think that progressive taxation = communism you need to educate
yourself.
If you think that the American people will stand for too much taxation for
long, you really need to educate yourself.
.
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 02:01:26 PM |
|
|
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
If you think that progressive taxation = communism you need to educate
yourself.
If you think that the American people will stand for too much taxation for
long, you really need to educate yourself.
Will they stand for too little? For being sold out to the Red Chinese
and Sauds?
Here's the bit you tried to hide:
Another poster likes the slogan "Repug supporters are either
millionaires or fools"
That applies to you in spades. Wise up
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 02:04:44 PM |
|
|
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the power of
the voting booth. The government does not decide what is fair.
Don't like it, find somewhere else to live.
.
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 03:44:00 PM |
|
|
Andrealphus wrote:
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the power of
the voting booth. The government does not decide what is fair.
Athenian Democracy died when the people figured out that it was possible
to throw the doors of the Treasury open with the ballot, Reichtard.
Don't like it, find somewhere else to live.
No. This is my native land, and I love America enough to save her from
idiots such as yourself.
You leave, or be forced out.
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 04:03:41 PM |
|
|
In News 53rvg6F1trmanU3@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that
wouldn't have had the chance otherwise, than the government
ever has doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making
his enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of
them to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the
power of the voting booth. The government does not decide what is
fair.
Athenian Democracy died when the people figured out that it was
possible to throw the doors of the Treasury open with the ballot,
Reichtard.
American style democracy is, however, alive and well in the U.S., thief.
Don't like it, find somewhere else to live.
No. This is my native land, and I love America enough to save her
from idiots such as yourself.
You leave, or be forced out.
By the likes of you? It will never happen.
.
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 09:01:50 PM |
|
|
Andrealphus wrote:
In News 53rvg6F1trmanU3@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that
wouldn't have had the chance otherwise, than the government
ever has doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making
his enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of
them to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the
power of the voting booth. The government does not decide what is
fair.
Athenian Democracy died when the people figured out that it was
possible to throw the doors of the Treasury open with the ballot,
Reichtard.
American style democracy is, however, alive and well in the U.S., thief.
You imagine so, after two stolen Presidential Elections in a row?
Don't like it, find somewhere else to live.
No. This is my native land, and I love America enough to save her
from idiots such as yourself.
You leave, or be forced out.
By the likes of you? It will never happen.
Oh yeah by the likes of me. I represent the strong. I am the salt of
the Earth, Reichtard. You are a parasite, an insect or slimy worm.
.
|
|
|
| User: "Joe King" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
19 Feb 2007 11:02:02 AM |
|
|
"Defendario" <Defendario@netscape.com> wrote in message
news:53si44F1u5iu5U1@mid.individual.net...
Andrealphus wrote:
In News 53rvg6F1trmanU3@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that
wouldn't have had the chance otherwise, than the government
ever has doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making
his enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of
them to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the
power of the voting booth. The government does not decide what is
fair.
Athenian Democracy died when the people figured out that it was
possible to throw the doors of the Treasury open with the ballot,
Reichtard.
American style democracy is, however, alive and well in the U.S., thief.
You imagine so, after two stolen Presidential Elections in a row?
Democrats like to throw out the 'Big Lie'. Last time they use the 'Big
Lie' was to blame the Republicans for shutting down the government . This
time the Democrats attempted to steal the last two elections but they
failed.
Don't like it, find somewhere else to live.
No. This is my native land, and I love America enough to save her
from idiots such as yourself.
You leave, or be forced out.
By the likes of you? It will never happen.
Oh yeah by the likes of me. I represent the strong. I am the salt of the
Earth, Reichtard. You are a parasite, an insect or slimy worm.
.
|
|
|
| User: "Defendario" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
19 Feb 2007 04:47:23 PM |
|
|
Joe King wrote:
Democrats like to throw out the 'Big Lie'.
And zioNazis don't?
:-\
.
|
|
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 09:02:44 PM |
|
|
In News 53si44F1u5iu5U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53rvg6F1trmanU3@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has
done more to help the poor, heal the sick, educate those that
wouldn't have had the chance otherwise, than the government
ever has doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making
his enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of
them to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the
power of the voting booth. The government does not decide what is
fair.
Athenian Democracy died when the people figured out that it was
possible to throw the doors of the Treasury open with the ballot,
Reichtard.
American style democracy is, however, alive and well in the U.S.,
thief.
You imagine so, after two stolen Presidential Elections in a row?
It is demonstratably so. Can you prove that the elections were stolen?
Don't like it, find somewhere else to live.
No. This is my native land, and I love America enough to save her
from idiots such as yourself.
You leave, or be forced out.
By the likes of you? It will never happen.
Oh yeah by the likes of me.
Like I said, it will never happen.
I represent the strong. I am the salt of
the Earth, Reichtard.
You are the weak, whining child who cannot discuss a topic without insult.
No one takes you seriously, now or ever.
You are a parasite, an insect or slimy worm.
LOL! Whatever gets you through the day, my friend.
.
|
|
|
|
|
|
|
| User: "Gogarty" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 02:59:47 PM |
|
|
In article <wj2Ch.3065$_73.1528@newsread2.news.pas.earthlink.net>,
NOTAREALEMAIL_1@FAM.NET says...
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that wouldn't
have had the chance otherwise, than the government ever has
doesn't need to be taxed more.
Yeah he does. He owes the government scads of jack for making his
enormous gluttonous wealth possible.
If you want to live in a communist state, there are plenty of them
to move to. Good luck.
If you think that progressive taxation = communism you need to
educate yourself.
If you think that the American people will stand for too much
taxation for long, you really need to educate yourself.
Will they stand for too little?
They will stand for what they consider a fair amount through the power of
the voting booth. The government does not decide what is fair.
Don't like it, find somewhere else to live.
That "love it or leave it" crap went out of style in the Fifties.
.
|
|
|
| User: "Andrealphus" |
|
| Title: Re: Venezuela's Chavez sets fast nationalization pace |
18 Feb 2007 03:02:58 PM |
|
|
In News sYKdnZPfj-moI0XYnZ2dnUVZ_sninZ2d@bway.net,, Gogarty at
Gogarty@Clongowes.edu, typed this:
In article <wj2Ch.3065$_73.1528@newsread2.news.pas.earthlink.net>,
NOTAREALEMAIL_1@FAM.NET says...
In News 53rpfsF1te0pfU8@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53re0jF1u8l05U1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53q7odF1u1fcnU9@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Andrealphus wrote:
In News 53ppedF1ttpquU1@mid.individual.net,, Defendario at
Defendario@netscape.com, typed this:
Captain Compassion wrote:
So you decrease inequity by making everyone poor?
Why do you love to reward parasites and charlatans, athletes
actors and pitchmen for their "labor" while condemning the
working man to endless unprofitable toil?
A progressive system of taxation finds funds where they are
plentiful. What's an extra million to Bill Gates?
Why would you further tax Bill Gates?
He has money.
A man who has not only paid his
taxes, but through the Bill & Malinda Gates Foundation has done
more to help the poor, heal the sick, educate those that
wouldn't have had the chance otherwise, than the government
ever has doesn't need t | | | | | | | | | | | | | | | |
