Chavez seizes oil service firms [US firms, Obama lets him get away with it]

BBC ^ | May 9, 2009 | staff

[TaxRelief]

...

Military vehicles were used as the state oil company seized supply boats and two US-owned gas facilities...

[TaxRelief]

Chavez steals US assets and Obama is too busy throwing parties at the white house and spending our grandchildren's future to do anything to stop this man.

[TaxRelief]

“Today, the private services companies disappear, we don’t need them, the people and workers can do the labor and be more efficient,” Chavez said in reference to the Oklahoma-based Williams Co assets. “We’re going to bury capitalism in Venezuela.”

[huldah1776]

Oh, its not the parties, its because the prez is learning how to take over businesses here, and just added this to his agenda.

[ex91B10]

Cut all trade and bomb into submission.

[TaxRelief]

http://www.bloomberg.com/apps/quote?ticker=WMB%3AUS

Williams Cos. is classified as a “Pipelines” industry

[TaxRelief]

What do you mean? Obama can’t do that! Our constitution prevents the seizure of private property without just compensation.

< /sarc

[Mad_Tom_Rackham]

“Today, the private services companies disappear, we don’t need them, the people and workers can do the labor and be more efficient,”

His buddy Castro sure proved that in Cuba, eh?

[sonofagun]

Every third world dictator is watching!

We are now powerless.

I wonder how much campaign money Chavez poured into Obama's campaign.

[NRA2BFree]

US firms, Obama lets him get away with it

Obama is watching how Chavez gets away with these kind of things so he can do it to us too. From all indications, Obama will be much worse than Chavez because he's twice as evil.

[sonofagun]

Also, I really have to wonder how closely our military leadership is watching events unfold in the our capitol.

[TaxRelief]

Obama will be ten thousand times worse because ten thousand times the amount to steal.

[ETL]

From National Public Radio (NPR):
August 29, 2006
"Venezuelan President Hugo Chavez has been visiting countries such as China, Iran and Russia as part of an effort to build a 'strategic alliance' of interests not beholden to the United States. He considers the United States his arch enemy.":
http://www.npr.org/templates/story/story.php?storyId=5729764
_____________________________________________________________

From CBS-News, July 29, 2006:

Chavez Vows To 'Stand By Iran'
After Oil Talks In Tehran, Venezuelan Leader Called 'Brother' By Ahmedinejad

"Chavez pledged that his country would 'stay by Iran at any time and under any condition,' state television reported. Ahmadinejad said he saw in Chavez a kindred spirit." "'We do not have any limitation in cooperation,' Ahmadinejad was quoted as saying. 'Iran and Venezuela are next to each other and supporters of each other. Chavez is a source of a progressive and revolutionary current in South America and his stance in restricting imperialism is tangible.'":
http://www.cbsnews.com/stories/2006/07/29/world/main1847331.shtml
_____________________________________________________________

President Obama and Venezuela dictator Hugo
Chavez at the 2009 Summit of the Americas in Trinidad

Obama, Chavez shake hands at Americas Summit:
http://www.breitbart.com/article.php?id=D97KK2T00&show_article=1
_____________________________________________________________

Russia's Medvedev hails "comrade" Obama

Associated Foreign Press (AFP) ^ | April 2, 2009 | Anna Smolchenko

"Russia's Dmitry Medvedev hailed Barack Obama as "my new comrade" Thursday after their first face-to-face talks"

http://www.france24.com/en/20090402-russias-medvedev-hails-comrade-obama

April 1, 2009:
"Obama, Medvedev pledge new era of relations":
http://news.yahoo.com/s/afp/20090401/wl_afp/usrussiadiplomacynuclear_20090401152002
_____________________________________________________________

Cindy Sheehan, Jodie Evans, Hugo Chavez,
Medea Benjamin [co-founder Code Pink]

Code Pink 'Bundles' for Barack, 4/14/2008

"The co-founder of the radical anti-war group Code Pink [Jodie Evans] has “bundled” more than $50,000 for Sen. Barack Obama’s presidential campaign, and pro-troops groups are demanding that he return the money."

http://www.humanevents.com/article.php?id=25997
_____________________________________________________________

REVOLUTION: Voice of the Revolutionary Communist Party, USA [Maoist]

Revolution interview with ("Peace Mom") Cindy Sheehan: October 29, 2005:
['Revolution' is the official newspaper of the Revolutionary Communist Party]
http://rwor.org/a/021/cindy-sheehan-interview.htm
_____________________________________________________________

Code Pink's Jodie Evans embraces Jane Fonda

[SubMareener]

Maybe you missed it. 0bama is doing the same thing here in the US. He just hasn’t had to use troops, yet.

[ArmyTeach]

... and dream on.
So sad, too bad.

[TangoLimaSierra]

Today, the private services companies disappear, we don’t need them...

Classic case of sitting on the wrong end of the branch while sawing.

[patton]

“Today, the private auto companies disappear, we don’t need them, the people and workers can do the labor and be more efficient,” Obama said in reference to the Detroit-based Chrysler Co assets. “We’re going to bury capitalism in America.”

[NewHampshireDuo]

From all indications, Obama will be much worse than Chavez because he's twice as evil.

Not to mention the fact that Chavez also seems to have a sense of humor.

[TaxRelief]

Did he actually say “Comrade Obama”? :O

[La Lydia]

Any U.S. company that continues to sell them the supplies and equipment they need should be sanctioned. A naval blockade would sent this communist the right message. How long until Venezuela is as poor and miserable as Cuba? Already, any Venezuelan with good sense, who could manage it, has moved to Miami.

[John123]

the people and workers can do the labor and be more efficient

Oh yeah... this is why collectivist farms worked out really well in former USSR... /sarc

[joethedrummer]

chavez is doing to the U.S. what obama is doing to the U.S. -pushing the limit to see just how far they can.

[ETL]

>Did he actually say “Comrade Obama”?

From the Associated Foreign Press (AFP):
http://www.france24.com/en/20090402-russias-medvedev-hails-comrade-obama

[luvbach1]

Do they have the expertise to use the seized assets? What happens to the US employees?

[luvbach1]

All together now: Emboldened!

[cameraeye]

Did not Hitler call Mussolini his teacher? Well, Hugo has a new student named Barry. This is getting very unnerving.

[Earthdweller]

Obama...“we (the “government”)don't want to own the car companies” (and the oil companies and the banks and the mortgage industry)...so let's let other countries have them...LOL.

[ETL]

Well, Hugo has a new student named Barry.

Chavez started his crackdowns on private corporations and the press long before Obama was elected president.

[Dallas59]

Obuma must have gave him a few pointers in the meeting they were at.

[Rob the Ugly Dude]

This sucks, but at this point if they’re doing business there, and haven’t figured the obvious risk of this happening into their business model, then they’re fools; and, if they’re doing business with Chavez, they deserve what they get.

And, by the way

DON’T BUY GAS FROM CITGO!

[Eric in the Ozarks]

‘zackly. Why did Williams hang around for more than a year after Hugo quit paying them for drilling services ?

[linbiao123]

“Military vehicles were used as the state oil company seized supply boats and two US-owned gas facilities.”

Does it mean US company owned, or US government owned? Companies should be smarter than to place assets in sovereign nations like Venezuela.

[1010RD]

Excellent and my thoughts exactly as I read the quote.

[bgill]

Ah ha, so this is what Hugo meant when he said he’d see if Hussein was a liar or not. Shaking hands and making deals with all our enemies.

[patton]

I imagine the gas services company bought insurance against state siezure of their property.

I rather doubt Chrysler did.

[1010RD]

Somebody shorted that stock.

Plus, the financial loss is not the true issue, but the loss of liberty.

Obama’s acquiescence just encourages the dictators/bandits, but I repeat myself.

[TaxRelief]

The laid those pipes along time ago... way before Chavez.

[TaxRelief]

Those pipes and assets were in place long before Chavez came on the scene.

[junta]

Halliburton’s ops are still “safe” there, but the two parties are haggling on past due bills. So for now Dick is holding back on calling for the bombing of Chavez back to the stone age, for now.

[patton]

“Plus, the financial loss is not the true issue, but the loss of liberty.”

Exactly.

[Doe Eyes]

What was the US reaction in 2007 when Chavez seize all of the foriegn owned oil fields?

Nothing.

[Red Dog #1]

National CITGO’s U.S. holdings!!!

[Chgogal]

http://magazine.wsj.com/features/the-big-interview/desiree-rogers/

How is that “branding of Obama” working for you, Voodoo Priestess?

[TheLawyerFormerlyKnownAsAl]

Why no companies named?

[walsh]

Pity the owners of these business didn't see this coming when Chavez became president and leave Venezuela then.

There were people back then who said Chavez would seize all US businesses.

Oh, well, maybe the next business owner will learn from this and not do business with Chavez.

Sanctions on Chavez are definitely called for.

[dfwddr]

TULSA, Okla., May 8 /PRNewswire-FirstCall/ -- Williams (NYSE: WMB) today confirmed reports that the Venezuelan government has seized two assets - El Furrial and PIGAP II - that the company operates in Venezuela.

After a long period of non-payment by Petroleos de Venezuela S.A. (PdVSA), Williams recently issued notices of default under its services agreements. The seizure of assets and termination of the associated contracts trigger rights to receive payment for the seized assets. The contracts and international law call for international arbitration of any disputes concerning those payments.

More here

[been_lurking]

I imagine the gas services company bought insurance against state siezure of their property.

Probably insured though AIG. Oh well.......

[patton]

Or enron.

[Ron Jeremy]

Originally.. Williams does all sorts of stuff. Almost went out of business a while ago because they were laying internet backbone all over the place that turned out not to be needed.

[wastedyears]

The proper response is carpet bombing until they give them up.

[topher]

Since this is a MilitaryOp, this seems to imply that the workers are now slaves of the government.

I guess if you say a bad word about Chavez, you can be shot... Unless they really need you...

I imagine Obama thinks the new wave of slavery engulfing the world is a good thing -- especially since he is one of the master's and not a slave...