Venezuelan Authorities Seize Idle Heinz Ketchup Plant (a more detailed article/discussion)

Venezualan Analysis ^ | September 9, 2005 | Gregory Wilpert

[Aquakat]

Teresa owns less than 4 percent of the company's stock.

Using market cap as a metric:

Friday’s close=$12.2B

Using your less than 4% ownership

I guess you could say Teresa owns less than $488M of the company’s. I certainly would like to have less than half a billion wouldn’t you?

ROFLMPO

Just yanking your chain I totally agree with you substance and thrust of your post.

[skinkinthegrass]

..I bet John F'n Kerry, just won't/can't understand....what happened in Czarist Russia (in 1918) and Castros' (in 1961) Cuba is now happening in Chevas' Venevuela...

[adam_az]

Judges Stevens, Ginsberg, Bryer approve.

[WOSG]

"The take-over of the Heinz plant in the town of Caicara, Monagas, was carried out by Venezuelan troops at the request of the pro-Chavez state governor, José Gregorio Briceño. The move comes at a time that the Chavez government is investigating over 700 closed enterprises, evaluating them for their suitability for worker takeovers, via expropriation."

Fascinating Communist strategy ... destroy the economy so badly that factories get idled, then 'take over' the factories that were idled by your own policies. hmmmm.

[Nachoman]

Damn! They figured out it was going to be the staging area for the US invasion/coup of Venezuela.

[geezerwheezer]

I think Teresa ought to send JOHN F'ING KERRY down there on Christmas Eve with a swift boat crew and just take that factory back from those evil people in Venezuela. I think he might get to pin some more purple hearts on himself, and maybe get to shoot some kid in the back when he runs from him. Teresa would be proud of her man taking charge too!! I bet he can get ol' Al Gore to help him out as Al knows everything there is to know-I mean after all,he invented the internet, didn't he? And, best of all, Michael Moore can film it for the MSM primetime shows!

[hgro]

Just picking Kerry cherrys.

[SandRat]

Inquiring minds want to know ---- Did they find Kerry's Military Records?????

[skinkinthegrass]

Ahhh, Yes...A fine movie plot, if I ever heard of one...perhaps GWB could have a leading role in same. "BUSH'S FAULT, The War to End Property" with bit parts/supporting roles, given to Congressional Liberals...Chavez, and Klintoons w/ "Top" Billing(s) :D

[F.J. Mitchell]

They have control of the local Heinz enterprizes? We have no choice but to toss in Teresa Heinz and her giggilo, John Kerry Heinz.

[Schwaeky]

This is actually a good idea, send a bunch of libs down there in uniform to take back Mr. and Mrs. Kerry's property from mad Hugo.., this could be like Operation Chickenhawk excapet just Operation Chicken (I have liberal moonbat friends, so I've read Franken's books).......

[NRA2BFree]

This is what they get for locating in other countries. Outsourcing businesses to other countries can be very costly. I don't feel sorry for them.

[Trinity5]

"This is what they get for locating in other countries. Outsourcing businesses to other countries can be very costly. I don't feel sorry for them."

It's not an issue of "outsourcing". Most of the factories Heinz has overseas are for products that are made there and delivered there, not brought back into the US.

[mcg2000]

Heinz didn't outsource?

Please pass this note along to your Union Steward before the next meeting at the cannery ...

The overall tax on imported goods vs. the projected sale will play a large role in building overseas - logistics costs, import/export tariffs, labor pool, labor rates, construction costs, etc

[NRA2BFree]

Heinz didn't outsource?

I have no idea.

Please pass this note along to your Union Steward before the next meeting at the cannery ...

You're talking to the wrong woman. I've been self employed since 1986. I don't believe in unions, but that's another story. :o)

The overall tax on imported goods vs. the projected sale will play a large role in building overseas - logistics costs, import/export tariffs, labor pool, labor rates, construction costs, etc

I haven't moved into the international arena.....yet, I have to defer to your knowledge on this issue. I was just taking a swipe at Heinz because of Kerry. LOL

[mcg2000]

I'd never step on that logic - swipe away! lol

[editor-surveyor]

Looks like Cuba all over again - Tuh-Ray-Zuh ya had it comming!!!!

[editor-surveyor]

"Does anyone remember Uganda??"

Or the Congo (Katanga), or Rhodesia, or Saudi Arabia, or Iran, or Iraq, or Cuba? - It's called Marxism.

[NRA2BFree]

I'd never step on that logic - swipe away! lol

Now, I'm all embarrassed. I forget that men don't always see "logic" the same way women do. LOL!

[Schwaeky]

I seriously doubt any of their factories in Australia send Vegimite over here... Nor would you want it....