18 replies [Last post]
expatriate's picture
Offline
Location: Arizona
Joined: 10/26/2002
Posts: 3207
Hugo Chavez says he, Castro may be on Obama's right

Here you go, America...this is what you get when you ignore records and elect based on flash and style. Along with the decision to sell Hummer to the Chinese, this is yet another moment of shame.

http://www.reuters.com/article/ObamaEconomy/idUSTRE5520GX20090603?feedTy...

CVC
CVC's picture
Offline
Grand Slam Challenge Winner!
Location: Kansas
Joined: 03/04/2006
Posts: 3586
Hugo Chavez says he, Castro may be on Obama's right

Sad

cowgal's picture
Offline
Moderator
Location: Colorado
Joined: 03/10/2002
Posts: 1787
Hugo Chavez says he, Castro may be on Obama's right

Ugh! Cry

Offline
Moderator
Location: Florida,USA
Joined: 08/21/2003
Posts: 1566
Hugo Chavez says he, Castro may be on Obama's right
Article wrote:
"During a decade in government, Chavez has nationalized most of Venezuela's key economic sectors, including multibillion dollar oil projects, often via joint ventures with the private sector that give the state a 60 percent controlling stake;

Was wondering where the 60% kept coming from.

.

Offline
Location: California
Joined: 09/06/2008
Posts: 1071
Hugo Chavez says he, Castro may be on Obama's right

Funny that these guys, under the guise of humor have a better understanding of our president than most of us.

Offline
Joined: 04/01/2009
Posts: 435
Hugo Chavez says he, Castro may be on Obama's right

Having lived in two communist countries I'd have to agree, but not for the reasons Chavez would like.

Chavez (who is socialist not communist) Cuba, China, Vietnam, Laos, and N Korea are all dictatorships with one party rule. They are also extremely conservative. Not wearing the correct clothes can get you a fine as can having hair over the collar, sometimes they'll stop the bus. Western music and dancing is against the law. Similar to certain web forums some only like to hear one viewpoint and stating your views openly can have severe consequences.

Suposed nationalization is often crony capitalism or kleptocracy. Sources of information are propaganda speaking in unison.

So yes, Obama is far left of any Communist country I can think of.

expatriate's picture
Offline
Location: Arizona
Joined: 10/26/2002
Posts: 3207
Hugo Chavez says he, Castro may be on Obama's right

The funny thing is that Chavez only got 60 percent of the oil industry, and Obama holds over 70 percent of GM. Hugo must be kicking himself.

Offline
Joined: 04/01/2009
Posts: 435
Hugo Chavez says he, Castro may be on Obama's right

The hot-pink portion of this pie chart is the percentage of listed American business assets that have recently been nationalized by the American government

http://correspondents.theatlantic.com/conor_clarke/2009/06/what_socialis...

PreviewAttachmentSize
socialism%20chart.png
socialism%20chart.png57.13 KB
Location: Butte, MT
Joined: 01/02/2006
Posts: 234
Hugo Chavez says he, Castro may be on Obama's right

All I can say is, who cares what Chavez thinks?

cowgal's picture
Offline
Moderator
Location: Colorado
Joined: 03/10/2002
Posts: 1787
Hugo Chavez says he, Castro may be on Obama's right
Sage of the Sage wrote:
All I can say is, who cares what Chavez thinks?

Good point! Thumbs up

Offline
Location: Idaho
Joined: 05/28/2009
Posts: 40
Hugo Chavez says he, Castro may be on Obama's right

That chart makes a good point and puts some things in perspective, pangolin, but doesn't really answer the mail in regards to the question at hand. It's like saying we overreacted to 9/11 because it only killed .001 percent of the population.

The issue is the nationalization of a company that represents a huge chunk of our industrial base. Last year GM employed almost a quarter million people and had almost $150 billion in revenue. And that doesn't include the number of employees or economic impact of companies that feed that machine.

You can't just pretend that the issue isn't there, and you can't help people understand it by trying to convince them that it's all in their heads. Once again, rather than trying to bury the issue, we should be addressing it. If what we're doing is right, what's wrong with talking about it?

The point is that we can't afford to let an economic juggernaut like GM fail. The government has bailed out companies before, like when it stepped in and bailed out Chrysler in 1979. Did that cause the collapse of American society? Far from it -- it enabled Lee Iacocca to transform the domestic auto industry with things like the minivan and increased attention to quality. Chrysler paid back its government loans early.

I don't think we need to worry about nationalization because the president has said this is short term -- once GM bounces back I'm sure it'll privatize again.

Related Forum Threads You Might Like