Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Chavez seizes Cargill Venezuela unit
Reuters ^ | March 3, 2009 | Patricia Rondon

Posted on 03/04/2009 7:57:28 PM PST by Free ThinkerNY

CARACAS (Reuters) - President Hugo Chavez seized a local unit of American food giant Cargill on Wednesday and threatened to nationalize Venezuela's largest private company, Polar, as he demanded industry produce cheaper rice.

The clash with the food companies came less than three weeks after Chavez, a Cuba ally who has nationalized swaths of the Venezuelan economy, won a referendum on allowing him to run for reelection.

"I warn you this revolution means business," said Chavez.

The anti-U.S. president is popular among the poor for pressuring companies to produce cheap goods and for government programs that provide subsidized food in city slums.

In recent days Chavez has seized some Polar rice mills after accusing the food industry of skirting his price controls and failing to produce enough cheap rice.

(Excerpt) Read more at reuters.com ...


TOPICS: News/Current Events
KEYWORDS: bho44; cargill; chavez; dictators; food; nationalization; socialism; socialists; venezuela
Navigation: use the links below to view more comments.
first 1-5051-53 next last

1 posted on 03/04/2009 7:57:28 PM PST by Free ThinkerNY
[ Post Reply | Private Reply | View Replies]

To: Free ThinkerNY
Obama will seize Safeway in return.......
2 posted on 03/04/2009 7:59:16 PM PST by cmsgop ( " C'mon, Stand Up Chuck")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Okay, so he’s run out of other people’s money. What happens when he runs out of other people’s food?


3 posted on 03/04/2009 8:00:05 PM PST by Richard Kimball (We're all criminals. They just haven't figured out what some of us have done yet.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

—when I was there in ‘81, Polar was a good beer—


4 posted on 03/04/2009 8:00:54 PM PST by rellimpank (--don't believe anything the MSM tells you about firearms or explosives--NRA Benefactor)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Following the path of Mugabe, it appears...


5 posted on 03/04/2009 8:01:25 PM PST by Arguendo
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

What a flaming idiot! Within three years his people will be starving.


6 posted on 03/04/2009 8:02:42 PM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Chavez has to do something to take away from the fact that Oil is cheap at the moment, that means steal another private company.


7 posted on 03/04/2009 8:03:09 PM PST by Anti-Bubba182
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Since the price of oil dropped, Chavez needs an enemy because the money is drying up. Look for more of this in the coming months.


8 posted on 03/04/2009 8:03:42 PM PST by MissouriConservative (The strength and power of despotism consists wholly in the fear of resistance. - Thomas Paine)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Let’s see, he seized oil industry assets and then lost billions when he found his thugs didn’t have the talent to run them.
Is there any chance he’ll learn that his tactics don’t work, before his people toss him overboard?

Oh....no.....I’m still talking about Chavez....


9 posted on 03/04/2009 8:05:15 PM PST by G Larry (Obama's plan = "STEALING FROM THOSE WHO CREATE THE JOBS!")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Next he’ll be demanding cheaper frijoles...


10 posted on 03/04/2009 8:06:21 PM PST by pissant (THE Conservative party: www.falconparty.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Chavez likes the symbolism of picking a fight with “American Food Giant Cargill” but Cargill’s rice business in Venezuela is a very small, marginal business for them. And Cargill very likely have not been investing or trying to grow the business either these last few years, with Chavez around.


11 posted on 03/04/2009 8:07:02 PM PST by PGR88
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

I thought he’d seized everything already!


12 posted on 03/04/2009 8:07:37 PM PST by Aglooka (Posting from New Hampshachusetts (Formerly New Hampshire))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Yes, grab property and then demand more production.

Kind of like when Xerxes made 10,000 of him men beat a river that had not been on his map.


13 posted on 03/04/2009 8:07:51 PM PST by Anitius Severinus Boethius
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY
I'd suggest Mr. Chavez and Mr. Obama must have a secret wager as to who can destroy their country first.
14 posted on 03/04/2009 8:09:03 PM PST by Errant
[ Post Reply | Private Reply | To 1 | View Replies]

To: cmsgop

Obama will seize Safeway in return.......


LOL.


15 posted on 03/04/2009 8:09:15 PM PST by txhurl (ralph...)
[ Post Reply | Private Reply | To 2 | View Replies]

To: MeneMeneTekelUpharsin

“What a flaming idiot! Within three years his people will be starving.”

Who’s an idiot? Three years from now, Chavez will still be eating grandly, I think, and Venezuela will still be his plaything, regardless of the state it’s in.


16 posted on 03/04/2009 8:10:15 PM PST by rightwingcrazy
[ Post Reply | Private Reply | To 6 | View Replies]

To: Free ThinkerNY

Beginning of a coming food shortage?


17 posted on 03/04/2009 8:10:46 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY

Hugo Chavez is a Marxist jerk. When is somebody going to shoot him and put him out of our misery?


18 posted on 03/04/2009 8:11:29 PM PST by Tolerance Sucks Rocks (Barack Obama: in your guts, you know he's nuts!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY
This walking corpse would never have tried that with an AMERICAN in the White House.

So it has come to this, communists are openly stealing from Americans abroad, and not only is it tolerated, its hardly even reported on.

Outstanding.

19 posted on 03/04/2009 8:11:40 PM PST by Rome2000 (Peace is not an option)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MissouriConservative

It’s more than an enemy. It’s a typical leftist reaction to the economic problems that escalate due to their actions.

Of course the fascist Chavez doesn’t see it that way. He’s delusional. The guy goes out to make a speak and drones on for eight hours!

That’s not someone who is connected to reality.


20 posted on 03/04/2009 8:12:22 PM PST by romanesq
[ Post Reply | Private Reply | To 8 | View Replies]

To: Free ThinkerNY
Was Hugo asleep when the Soviet Union went out of business or what? I mean, really, the Chinese may call themselves Communist, but even they don't take that Mao crap seriously any more.

Let them eat oil!

21 posted on 03/04/2009 8:12:39 PM PST by jpf (Obama's been President for like 15 minutes and I'm a better person already.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hope
"Beginning of a coming food shortage?"

Beginning?

There's already a food shortage there.

22 posted on 03/04/2009 8:15:16 PM PST by blam
[ Post Reply | Private Reply | To 17 | View Replies]

To: Free ThinkerNY

I was disappointed when the USA was placid at the oil expropriation(Exxon, Chevron, etc). This has enboldened them. Communists will continue to encroach on other peoples property until they are pounded down. Will be interesting to see what happens with Citgo.


23 posted on 03/04/2009 8:18:48 PM PST by spyone (ridiculum)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MeneMeneTekelUpharsin
"Within three years his people will be starving."

Or less. Perhaps Chavez good buddy Sean Penn can feed them.

24 posted on 03/04/2009 8:19:35 PM PST by Big_Monkey
[ Post Reply | Private Reply | To 6 | View Replies]

To: MeneMeneTekelUpharsin
Within three years his people will be starving.

Good thing Chavez is gonna ban elections... he will have lost his base as a result.

25 posted on 03/04/2009 8:25:56 PM PST by pnh102 (Save America - Ban Ethanol Now!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: spyone
"Will be interesting to see what happens with Citgo.

Foreign investment in US companies can certainly be a great thing with great upside. Unfortunately, it can also have some downside as well. I suspect will be seeing more downside in the coming months, rather than up.

26 posted on 03/04/2009 8:29:52 PM PST by Big_Monkey
[ Post Reply | Private Reply | To 23 | View Replies]

To: Rome2000

Please!

Are Exxon and Chevron no longer considered American companies?

Chavez stole their assets long ago.


27 posted on 03/04/2009 8:35:06 PM PST by beancounter13
[ Post Reply | Private Reply | To 19 | View Replies]

To: romanesq

Unlike coups and dictatorships, democracies can elect popular demagogues and the voters ultimately will be held responsible. Thus when Venezeula starves, the US who have been insulted and vilified by the leader they elected must live with the consequences. Let Venezeulans starve. That will teach the rest of Latin America and their political class not to use Americans as a step ladder to power or a punching bag.


28 posted on 03/04/2009 8:40:39 PM PST by Fee (Peace, prosperity, jobs and common sense)
[ Post Reply | Private Reply | To 20 | View Replies]

To: Richard Kimball
Countdown to starvation.
29 posted on 03/04/2009 8:44:22 PM PST by SAJ
[ Post Reply | Private Reply | To 3 | View Replies]

To: rightwingcrazy

Three years from now, Chavez will have fled Venezuela, or will have faced the business end of a rifle.


30 posted on 03/04/2009 8:45:31 PM PST by SAJ
[ Post Reply | Private Reply | To 16 | View Replies]

To: blam

I’m thinking world food shortage.


31 posted on 03/04/2009 8:45:46 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Free ThinkerNY

The destruction of food producers and government ration books are a key Marxist technique.

This is the “Cubafication” of the once food-rich Venezuela.


32 posted on 03/04/2009 8:47:51 PM PST by FormerACLUmember (When the past no longer illuminates the future, the spirit walks in darkness.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: spyone; Eric in the Ozarks
Too bad you weren't around when Venezuela expropriated Creole Petroleum in 1974 (a subsidiary of then-Standard Oil of NJ, later Exxon). That's right: Exxon's brilliant managers have been expropriated TWICE by the same assholes. Different set of assholes, to be sure, but the same bunch at bottom.

That wasn't Chavezz doing the expropriating, either. He was in school at the time.

Point is: don't invest in Venezuela or Mexico EVER, unless -- as our fellow FReeper Eric-in-the-Ozarks says, you can arrange to take hostages.

33 posted on 03/04/2009 8:50:01 PM PST by SAJ
[ Post Reply | Private Reply | To 23 | View Replies]

To: Free ThinkerNY

This was a confidence building exercise for all those oil companies that do work in Venezuela on government IOUs.

spyone - There’s excess capacity and from the way the economy looks, there’s going to be excess capacity for a while. Still, it would be nice to have our wells ready when oil prices get back up there.


34 posted on 03/04/2009 8:52:13 PM PST by linbiao123
[ Post Reply | Private Reply | To 1 | View Replies]

To: hope
"I’m thinking world food shortage."

Yup...me too.

35 posted on 03/04/2009 8:54:29 PM PST by blam
[ Post Reply | Private Reply | To 31 | View Replies]

To: rellimpank

I was there a couple of times in the early ‘90s, looked for Polar here in the USA, couldn’t find it. I’d pass on it now just because of sluggo.


36 posted on 03/04/2009 8:55:55 PM PST by theymakemesick (Buraq (buh- rok) Winged creature that carried mohammed on his Night Journey from Mecca to Jerusalem)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Richard Kimball

There will be riots and massive chaos and thievery. Mostly because people still have to eat, even after all the money has all been stolen by Hugo.

Socialism NEVER works.


37 posted on 03/04/2009 8:59:48 PM PST by Danae (Amerikan Unity My Ass)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Free ThinkerNY
"Chavez has seized some Polar rice mills after accusing the food industry of skirting his price controls and failing to produce enough cheap rice."

Sounds a lot like Stalin seizing all the farmers food and grains because they failed to meet the quota's he set.

I guess all those "poor" hungry Venezualians who Voted for Chavez are going to be scratching their heads and rubbing their empty bellies wondering why they have no rice when dear leader "cracked the whip" at the "evil" food processors.

38 posted on 03/04/2009 9:00:13 PM PST by Nathan Zachary
[ Post Reply | Private Reply | To 1 | View Replies]

To: theymakemesick

-looked for it in California at a couple of places purportng to have all the world’s beers when I got back , too—no luck—


39 posted on 03/04/2009 9:01:51 PM PST by rellimpank (--don't believe anything the MSM tells you about firearms or explosives--NRA Benefactor)
[ Post Reply | Private Reply | To 36 | View Replies]

To: blam

Time to bring out the pressure cooker and mason jars?


40 posted on 03/04/2009 9:03:14 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 35 | View Replies]

To: hope
"Beginning of a coming food shortage?"

Only if you are living solely on Venezuelan rice. Food (at least rice)shortages for Venezuelans though. Mind you they can always run next door and pick some Brazil nuts...

41 posted on 03/04/2009 9:05:32 PM PST by Nathan Zachary
[ Post Reply | Private Reply | To 17 | View Replies]

To: Nathan Zachary

Well, my thinking is this evil dictator is
nationalizing the the main staple food supply for a reason..just like he did the oil fields...Will this create short supply? If you research the world drought maps, things look pretty bleak.


42 posted on 03/04/2009 9:10:55 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 41 | View Replies]

To: hope
"Time to bring out the pressure cooker and mason jars?"

Only after you prepare some soil for a garden and grow something.

43 posted on 03/04/2009 9:13:41 PM PST by Nathan Zachary
[ Post Reply | Private Reply | To 40 | View Replies]

To: hope
"If you research the world drought maps, things look pretty bleak."

Not in the entire upper mid west. Too wet and cool, which may have an impact on wheat and other hard grains.

44 posted on 03/04/2009 9:16:42 PM PST by Nathan Zachary
[ Post Reply | Private Reply | To 42 | View Replies]

To: Nathan Zachary
Yeah, I wish...At least the local farmer markets can still supply what I need. Or I could just order a sh*t load of the Topsy Turvy's.


45 posted on 03/04/2009 9:20:12 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 43 | View Replies]

To: Nathan Zachary

Well, I’m thinking about the current situation in the WH and how it was in the mid seventies under that last horrible full blown, dimrat rule and how I was raised by two survivalist parents that took nothing for granted.


46 posted on 03/04/2009 9:23:03 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 44 | View Replies]

To: Nathan Zachary
Only if you are living solely on Venezuelan rice

Shortages of basic foods have been sporadic since the government strengthened price controls in 2003 after a debilitating strike by oil workers.

But in recent weeks, the scarcity of items like meat and chicken has led to a panicked reaction by federal authorities as they try to understand how such shortages could develop in a seemingly flourishing economy.

Entering a supermarket here is a bizarre experience. Shelves are fully stocked with Scotch whiskey, Argentine wines and imported cheeses like brie and Camembert, but basic staples like black beans and desirable cuts of beef like sirloin are often absent.

Link to article with this information

Chavez is only going after the rice companies now, the rest later.

47 posted on 03/04/2009 9:33:55 PM PST by highpockets
[ Post Reply | Private Reply | To 41 | View Replies]

To: highpockets

He did the ame with oil...What is he thinking?


48 posted on 03/04/2009 9:45:56 PM PST by hope (One Big Ass Mistake America)
[ Post Reply | Private Reply | To 47 | View Replies]

To: Free ThinkerNY

Togliatti’s “Salami tactics” are work. Chavez is a good red, which means his American friends are friends of a communist. Let’s see who that includes: Penn, Belafonte, Ayers, Glover, etc.


49 posted on 03/04/2009 11:41:09 PM PST by MadMax, the Grinning Reaper
[ Post Reply | Private Reply | To 1 | View Replies]

To: hope
"Time to bring out the pressure cooker and mason jars?"

It's early yet.

50 posted on 03/05/2009 6:25:55 AM PST by blam
[ Post Reply | Private Reply | To 40 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-53 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson