chaves sends army to rice plants

i wonder if this is the shape of things to come in other countries with the ever rising food prices?

scary stuff if you ask me. where next?

news.bbc.co.uk...

Well, whoever is the dumb American who owns one of those plants, gets no pity from me. They know how Chavez is. Should have been here in the US. Giving Americans jobs.

Apparently, it is a response by the Government to the companies refusal to lower rice prices, despite Government requests to do so. Rice is a staple food in Venezuela.

Chavez has said he will nationalise any industry that places profit over the needs of the people. To his credit, he doesn't just seize them, he pays off the owners with State Bonds, so they get something in return.

seems like a decent enough guy if you ask me. if only some other countries were doing the same thing!!

the prices of food are crazy these days.

Nice find grantbeed!

This sounds like the work of a sensible and balenced leader, who actually cares about the long term welfare of his people.

It's a shame that the western nations who continually bag out Chaves, don't have the guts to even suggest such a win-win program.

Peace!

Tim

this will make the American government hate him even more. reckon this is slightly agains NWO planning!!

This is just Chavez not knowing what the heck he is doing.

Price Controls

Chavez, a former Army officer, has imposed controls on staples such as rice, pasta, cooking oil and milk in a bid to control inflation fueled by government spending on social programs for the poor. Consumer prices rose 32 percent last year, the most among 78 economies tracked by Bloomberg. Food prices jumped 47 percent.

www.bloomberg.com...

I really don't think greed is the reason prices have risen. Every since the price of oil has dropped, Chavez has had a hard time subsidizing the poor.

Originally posted by grantbeed
i wonder if this is the shape of things to come in other countries with the ever rising food prices?

scary stuff if you ask me. where next?

news.bbc.co.uk...

Hi just wanted to say I asked the staff to close my thread

hula