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Originally posted by secretagent woooman
reply to post by Ownification
You had a murdering, Russian-backed Communist named Fidel Castro who killed his own countrymen to seize power, upsetting American (read: Mafia) interests so the US goes and embargoes them practically to death, ruining the country's economy and infrastructure for decades.
I live in a state with a very large Cuban expatriate population and have never once heard a Cuban with any positive comments for either the Castro regime or US policies toward the country. One thing is for sure, boatloads of people would not risk dying in the Atlantic to escape to Florida if that country had anything going for it, Cuba openly operates political prison camps like all Communist and neo-Communist states. Bitch all you want about FEMA camps, they've already lived through it there and that's one reason why so many Cubans take American citizenship and its responsibilities so seriously.
For 15 consecutive years, the general assembly of the United Nations has voted in favor of lifting the economic sanctions that seriously harm the Cuban people, especially the most vulnerable sectors. The international community is unanimous on this issue, with the majority continually increasing. In 2006, 183 countries condemned the cruel and illegal state of siege that Washington imposes on Cuba. In vain. As if deaf, the U.S. government persists in applying an inhumane, anachronistic and ineffectual policy that has been in place since July 1960.
but it does not even have the authorization to establish commercial dealings with U.S. companies located in other countries, which is in flagrant violation of international law. Cuba cannot obtain credits of any kind from international financial institutions and are prohibited from using the U.S. dollar in its transactions with the rest of the world.
"Most Cubans support Castro. There's no effective political opposition (...) the only foreseeable means to alienate internal support is by creating disillusionment and discouragement based on lack of satisfaction and economical difficulties (...) We should immediately use any possible measure to (...) cause hunger, desperation and the overthrow of the Government."
In answer to your other question, since you seem to be so critical of the free market, know that the free market is how people act in their best interests and over a medium and long term that is only sustainable by acting in the best interest of the consumer/client. Meaning you can screw people over for a little but once they catch on your business will be kaput.
The current problems with the economy by the way can be blamed directly on government interference and programs. It was Fannie mae and Freddie Mac who were buying up all the mortgages from the banks dishing them out. It was the Clinton and bush administrations who tried to increase home ownership and thus implemented programs to artificially do that.
If things were left laize fair the so called greedy executive would have acted in their best interests and the companies best interests and would never have gotten involved in these sub prime mortgages backed by the govt
Originally posted by sunny_2008ny
Nationalized companies have the choice of discretionary pricing, that is, the same commodity can be sold to different class of people, at different prices.
Originally posted by sunny_2008ny
Chavez orders nationalization of Cargill, a US Company
Originally posted by Desolate Cancer
reply to post by sunny_2008ny
Profits?!?! hahaha dont worry there will not be any profits once the company is nationalized. With out fail all the companies that get nationalized in Venezuela decrease in productivity significantly.
Chavez is his own worst enemy and the Venezuelans worst enemy, inflation there is sky high, with oil at its current pricing they are running up significant debts. Venezuela will see a revolt before either the US or Mexico.
[edit on 4-3-2009 by Desolate Cancer]
Originally posted by una caro
Chaves has nationalized a brasilian company already.
Venezuela is very close to dictatorship. And since US won't back it up, the economy will sink very fast.
“Cargill is making enormous profit from the international trade system that is causing all this food instability around the world,” stated Food & Water Watch Executive Director Wenonah Hauter. “This corporate behemoth is behind almost every aspect of the worldwide agricultural system with no accountability for consumer health, the environment or human rights.”
And it is not just controversies over global trade or environmental impacts that surround the company. Cargill is also linked to questionable food technologies such as irradiation, genetically modified foods, and the use of carbon monoxide to artificially enhance the color of meat long past its expiration date.