Chavez helps leftist ally Argentina ward off Soros ( Confused ? )

Reuters ^ | Dec 5, 2006 | Alejandro Lifshitz

[george76]

Venezuelan President Hugo Chavez on Tuesday stepped in to help his leftist ally Argentine President Nestor Kirchner by bailing out an Argentine firm to prevent its purchase by a fund involving billionaire investor George Soros.

Chavez, whom Kirchner wished good luck before his landslide re-election on Sunday, said he would lend $80 million to Sancor, a struggling private cooperative dairy sought by Adecoagro, a fund in which currency speculator and philanthropist Soros has a stake.

"The capitalist magnate wanted to buy it out. Now I have signed the first part of the deal. We are going to issue credit of $80 million," Chavez told a news conference.

The move is a further sign of Chavez using his abundant oil earnings to forge an alliance of leftist leaders across Latin America, fighting what he sees as the evils of capitalism.

Chavez said an unspecified portion of the loan would be repaid in milk powder and advice on designing dairies -- in line with his other regional deals.

Venezuela already sells discounted oil to Argentina...

[ReignOfError]

If Chavez is against george Soros he cant be all bad.

Which "he?"

[Jezebelle]

Huh? They environazis admit they're socialists, and some even admit that they're commies. It isn't a surprise to them. They know it and are proud of it.

It's not "us" listening to them. They have infiltrated every branch of government and control a lot of departments and a meaningful portion of the judiciary. They have a powerful, well-funded lobby and they get a lot of what they want. Now that the rats are taking over, probably for another forty years, they'll most likely get the rest of what they want.

[Jezebelle]

LOL! :>

[Jezebelle]

Wishful thinking, I'm afraid. Look at how far they've come in the last forty years.

[Jaysun]

Huh? They environazis admit they're socialists, and some even admit that they're commies. It isn't a surprise to them. They know it and are proud of it.

It's not "us" listening to them. They have infiltrated every branch of government and control a lot of departments and a meaningful portion of the judiciary. They have a powerful, well-funded lobby and they get a lot of what they want. Now that the rats are taking over, probably for another forty years, they'll most likely get the rest of what they want.

You're right. I guess I was talking about the common Joe. Many people eat their crap right up. Organic food, global warming, rain forest, endangered animals, etc.