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Originally posted by kozmo
United States seizes a landmark automotive company
United States seizes landmark insurance company
Hmmmm... Chavez = Obama; Obama = Chavez. The similarities make me want to
This is the Hilton's we're talking about. This event won't even make a dent in their checkbook. Forgive me for not feeling sorry for them.
I find it disappointing that we sit here and condemn the Venezuelan government for seizing a hotel while lower and middle class people in this country have their homes, vehicles, and possessions seized for auction to pay for taxes that are illegally levied in the first place.
Where is our outrage there? Since 'wrong is wrong', does our government doing the same as a foreign enemy government make it any more right?
Originally posted by NovusOrdoMundi
reply to post by AshleyD
Just curious, have the Hilton's stood up for lower and middle class Americans who have had their homes seized by their government?
No? Then why should I stand up for them?
Now they know how it feels.
Hilton Hotels Sold for $26bn; Shareholders Go On Vacation
Blackstone has checked out of its penthouse suite and the room service bill is eye popping. Less than a week after its $4.1bn IPO, the private equity firm announced that it would purchase Hilton Hotels for $26bn, $6bn of which is debt. The move cedes control of one of the world's largest hotel chains to private equity, and gives Blackstone its choice of 600,000 hotel rooms worldwide. For Hilton shareholders, the buyout offers a hefty 32% premium over the week's earlier close. With Hilton shares trending upward, did the company make a good decision in handing the keys over to someone else?
Originally posted by Remixtup
welcome to a socialist dictatorship
were well on our way folks.
Originally posted by TrueAmerican
I didn't see anything about the corporations being reimbursed at all for this. And what about all those jobs, and the people that have put in their hard efforts to make that resort what it is? All down the toilet. BS.
Originally posted by ProtoplasmicTraveler
The truth is that the best way to curb the Globalist Elite’s take over of the world and a New World Order is to prohibit the Globalists from profiting, owning, controlling and running things on a Global Scale.
The hotel, however, is owned by two local companies that have already come under the control of the government's financial regulator after facing troubles with the government's financial oversight body.
The negotiations with foreign-owned companies have at times been prolonged, but in some cases the owners have walked away satisfied with the results, while others have had to resort to international arbitration.
For Hilton, the main risk is losing its management fee for operating the resort, something that happened when its hotel in Caracas was nationalized a few years back.
Originally posted by ladyinwaiting
reply to post by TrueAmerican
It will be interesting to see what the hotel owners (the Hilton's?) have to say about this.