Posted on 12/25/2009 11:45:05 AM PST by Nachum
Venezuela's President Hugo Chavez has told car companies they must share their technology with local businesses or leave the country.
Mr Chavez gave the ultimatum to Toyota, Ford, General Motors and Fiat during a public address.
(Excerpt) Read more at news.bbc.co.uk ...
Especially get rid of those damn jobs they provide.
He’s just mad that BO has made more progress than he has.
“Between January and November of this year, [Venezuelan auto] sales are down 49.9% at 126,533 vehicles.”
“During the eleven months of 2009, Venezuela exported only 54 vehicles, while in the same period of last year OEMs shipped 1,192 Venezuelan-built vehicles to other countries.”
http://www.automotiveworld.com/news/emerging-markets/79964-venezuela-automotive-market-continues-to-fall
It seems like it may be worthwhile to simply shut down the plants and move out, rather than “share” technology.
Watch. Government Motors, under orders of Obama, will be the only one to comply.
He really must pay his generals well not to put a bullet in his pig head!
Get out and scuttle the plants
Then overthrow this bastard
Emulating the fabulous Cuban car market.
Hugo Chavez: a special kind of stupid performing a Marxist assault on a poor, oppressed people.
“Share the technology” = steal the technology.
Pat Robertson needs to be put in charge of a covert “solution” team for this problem.
I think that “share the technology” is code for move out but leave the tools and dies.
If I owned a factory there, I’d make sure that I left nothing of value and torch the buildings on the way out.
Wow ... sure sounds like Atlas Shrugged!
Whatever happened with the Venezuelan and Bolivian seizure of the ConocoPhillips oil refineries and natgas facilities? IMO, Conoco should have simply blown the facilities to smithereens .
How any of these companys are still in country is a wonder.
Someone has got to be poor.
Imagine it’s two in the morning and a team of ninjas slip silently into Hugo’s house ....
1. Pay well
2. Punish well
3. Hang well
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