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Wed Mar 6, 2013, 03:13 PMtblue (13,086 posts) So what made Chavez suddenly "a dangerous enemy"? | Greg PalastHere's the answer you won't find in The New York Times: Just after Bush's inauguration in 2001, Chavez' congress voted in a new "Law of Hydrocarbons." Henceforth, Exxon, British Petroleum, Shell Oil and Chevron would get to keep 70% of the sales revenues from the crude they sucked out of Venezuela. Not bad, considering the price of oil was rising toward $100 a barrel. But to the oil companies, which had bitch-slapped Venezeula's prior government into giving them 84% of the sales price, a cut to 70% was "no bueno." Worse, Venezuela had been charging a joke of a royalty – just one percent – on "heavy" crude from the Orinoco Basin. Chavez told Exxon and friends they'd now have to pay 16.6%. Clearly, Chavez had to be taught a lesson about the etiquette of dealings with Big Oil. On April 11, 2002, President Chavez was kidnapped at gunpoint and flown to an island prison in the Caribbean Sea. On April 12, Pedro Carmona, a business partner of the US oil companies and president of the nation's Chamber of Commerce, declared himself President of Venezuela – giving a whole new meaning to the term, "corporate takeover."
Wed Mar 6, 2013, 03:15 PMbemildred (66,169 posts) 1. Nationalization, the hydrocarbon law, yes, what else would we really care about?You might as well be killing puppies.
to bemildred (Reply #1)Wed Mar 6, 2013, 03:19 PMThe Magistrate (80,185 posts) 2. Are You Saying, Sir, President Chavez Killed Puppies? Cute, Cuddly Puppies!?!The tyrannical FEIND!!!
Investigative reporter Greg Palast covered Venezuela for BBC Television Newsnight and Harper’s Magazine.Palast is the author of the New York Times bestsellers Billionaires & Ballot Bandits: How to Steal an Election in 9 Easy Steps, The Best Democracy Money Can Buy, Armed Madhouse and the highly acclaimed Vultures' Picnic, named Book of the Year 2012 on BBC Newsnight Review.Visit the Palast Investigative Fund's store or simply make a contribution to keep our work alive! <====send money. Subscribe to Palast's Newsletter and podcasts. Follow Palast on Facebook and Twitter.
I thought a Yugo was that crappy little car from Yugoslavia, not the crappy little dictator from Venezuela.
The Maggoty One is being extra obnoxious ever since the timely death, if that's even possible. The slobbering, the reverence, the obsequiousness. I can't go into one Yugo thread, because he's always there. Gah!
to bemildred (Reply #1)Wed Mar 6, 2013, 03:19 PMThe Magistrate (80,185 posts)2. Are You Saying, Sir, President Chavez Killed Puppies? Cute, Cuddly Puppies!?!The tyrannical FEIND!!!
During my time here at the Cave I've given some H5s but I've never given anyone a BS. Not even any of the trolls. I wish The Magistrate would join up here. I'd wear out my mouse bitch slapping that little shit.
Here you go.http://www.conservativecave.com/index.php?action=profile;u=2399
I'm afraid that was a hoax.Check his single post.