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Author Topic: U.S. Courts Freeze Venezuela Assets or, HA HA HA!  (Read 2819 times)

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Offline PatriotGame

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U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« on: February 08, 2008, 10:09:07 AM »
Courts in the U.S. and Britain have granted requests by ExxonMobil to freeze more than $12 billion in assets of Venezuela’s state oil company, Petroleos de Venezuela (PDVSA).

ExxonMobil is seeking compensation for the nationalization of two oil projects in the South American country by the government of President Hugo Chavez.

snippy....

Venezuelan production has declined 25 percent since Chavez took office in 1999, largely because he fired more than 20,000 experienced engineers and executives for joining a 2002-3 walkout seeking Chavez’s removal from office, according to BusinessWeek.

http://www.newsmax.com/insidecover/U.S._Courts_Freeze_Venezu/2008/02/08/71189.html

I have a feeling this is just the beginning. See what happens when socialism begins to take over? The asshat Chavez FIRES 20,000 experienced engineers and expects operations to continue as normal.

Oh well, off to the DUmp to watch the venom over Teh Rove's involvement in this.

Oh yea, BTW:

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Offline Bondai

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Re: U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« Reply #1 on: February 08, 2008, 10:14:20 AM »
I feel bad for the people, they have to live through this crap......
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Offline DumbAss Tanker

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Re: U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« Reply #2 on: February 08, 2008, 10:37:50 AM »
I expect the DUmp monkeys will react with something along the lines that "OMG CORPORATIONS SHOULD NOT BE ALLOWED TO SUE111!!!111"

 :popcorn:
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Offline DixieBelle

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Re: U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« Reply #3 on: February 08, 2008, 10:40:24 AM »
So how long until Doug's ex-wife blames greedy corporate America for starving the good people of Chavezland???
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Offline SilverOrchid

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Re: U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« Reply #4 on: February 08, 2008, 12:15:44 PM »
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Offline Airwolf

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Re: U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« Reply #5 on: February 08, 2008, 02:25:54 PM »
I guess that old Hugo didn't see that comming.
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Offline Lacarnut

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Re: U.S. Courts Freeze Venezuela Assets or, HA HA HA!
« Reply #6 on: February 08, 2008, 11:58:53 PM »
Quote from: Vonne on February 08, 2008, 10:58:43 PM
Interesting, perhaps a very good thing too.  In all honesty though, I thought in the ExxonMobil case, Chavez didn't nationalize their projects... but brokered new terms.  No idea though, and surely the renegotiations were essentially forced, so perhaps its a mute point.

 :o I had no idea about his firing that large of a highly skilled work force :o


Exxon did try to negotiate but the Commie wanted too big a cut so they along with Conoco told Chavez to shove it. However, two American oil companies still remain.
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