Skip to comments.Joe Gets Suckered
Posted on 01/07/2009 5:42:36 AM PST by Kaslin
Oil: Joe Kennedy was an easy mark for Venezuela's Hugo Chavez, who promised cheap oil in exchange for Joe's endorsement. But after a first $100 million, the well went dry Monday. How's it feel to be had, Joe?
In exchange for Venezuelan oil at a 40% discount, Kennedy would enhance Hugo Chavez's reputation and shame private oil companies for not getting involved.
And that he did. Joe blanketed television stations across the U.S. for over three years as Chavez's pitchman, urging the poor to sign up for Chavez's cheap oil. Call 1-877-Joe4Oil, he said, begging them to take it. Kennedy said he fueled 400,000 households in first 16 and then finally 23 states, praising Chavez's "generosity."
But behind the pretty image was an odious dictatorship that's devastated democracy in Venezuela, multiplied poverty and forged military ties with America's enemies. That's why having a shill or two in the U.S. to praise Chavez as a "humanitarian" is always useful, at least while the money lasts.
But it didn't. On Monday, a distraught Kennedy announced he had been cut off by Chavez with no warning, leaving him with 90% less fuel to give away this winter. He had to lay off 20 employees.
(Excerpt) Read more at ibdeditorials.com ...
Did he take a cut in his pay and benefits before cutting those people? What is your pay now, Joe? What are the terms if you were to depart? Do you have a "golden paracgute"? Can you make this info public???
Sometimes you get what you pay for!
Well, his granddad WAS all buddy-buddy with Hitler. Like granddad, like grandson.
Paying the devil his due indeed!!
I love when the Con-Man gets Con’d. I hope Kennedy has to reach in his pockets to fufill his contracts.
Stupid commie, anti-american a$$wipe. It’s called CAPITALISM moron! SUPPLY and DEMAND! And it’s called DICTATORSHIP and OPPRESSION! Gawd! When will these idiots stop embracing communist countries as bastions of eutopia!?
The IBD editorial boards incorrectly assumes two things ... that Joe Kennedy has any ethics to begin with and they fail to point out he was likely skimming off the top the whole time.
Chavez’s purpose in giving away the oil was to embarrass President Bush. Since President Bush is about to leave office, there is no purpose in continuing the program.
Since Chavez knows that he has a friend coming into office, he no longer wants to embarrass the President.
$50/bbl oil has cut into Chavez's cash flow, too.
Second, if this is referring to the Kennedy clan;
For Joe, all that remains was sullied family honor...
they have no family honor so nothing was sullied in this deal.
Has any good come from that family at all, ever?
I was thinking along the same lines. I doubt if Kennedy was “suckered” about anything. The program no longer serves its purpose to try to embarrass President Bush so it is time to end it.
You win the "Hitting the Nail on Head" award for this thread!
He’s a business. He’s covered. Insurance will take care of it.
When will these idiots stop embracing communist countries as bastions of eutopia!?
They won’t - ever! Those type of countries are run by the golden rule, those with the gold make the rules. Do as I say not as I do.
A conservative is a liberal who’s been mugged.
An idiot is a liberal who’s been mugged and stays liberal.
I’m betting Joe is an idiot.