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On Chavez's whim, a gold market no more
GlobalPost ^ | February 19, 2010 | Charlie Devereux

Posted on 02/20/2010 11:16:12 AM PST by george76

Few colonial buildings remain in Caracas. Is Chavez changing that or just haphazardly seizing buildings?

Standing at the corner of one of Venezuela’s most historic squares, the Francia building always looked a little incongruous among the Spanish colonial mansions.

But for many, this late art deco construction holds fond memories — it housed Caracas’ largest gold market for more than half a century. Many came to buy engagement or wedding rings for their sweethearts, confirmation bracelets for their children or watches or trinkets for themselves.

That was until last week when the edifice caught the eye of President Hugo Chavez...

“And this building?” he asked the local mayor, pointing at La Francia. “It’s a building that has private jewelry businesses,” the mayor replied. “Expropriate it,” ordered the president....

Within two days of the broadcast of his program, the president’s demands had been met and traders had evacuated almost the entire building afraid that their goods would be seized. There had been 91 gold and silver shops over nine floors.

People see the heritage laws as a way of undermining private property.

How do you find a solution to something that happened in seconds?” said Freddy Chacon, a store owner who first worked in the building as a messenger boy in the 1960s. “You’re relaxing at home and someone calls and says ‘look at the television — they expropriated your business.’”

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


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: caracas; venezuela

1 posted on 02/20/2010 11:16:12 AM PST by george76
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To: george76

This is called “theft.” Chavez es un ladrón. No more. No less.


2 posted on 02/20/2010 11:21:11 AM PST by La Lydia
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To: george76

Can you say Kelo? Not this drastic, but same result.


3 posted on 02/20/2010 11:21:16 AM PST by 1raider1
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To: george76

That link goes elsewhere. Try this:

http://www.globalpost.com/dispatch/venezuela/100218/caracas-gold-market-expropriated


4 posted on 02/20/2010 11:26:15 AM PST by Cicero (Marcus Tullius)
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To: george76

Well, why doesn’t someone step up to the plate and take Chavez out ? What have they got to lose if there life is destroyed by the POS.


5 posted on 02/20/2010 11:27:28 AM PST by Renegade ("Bring it on while I still don't need glasses to shoot your eye out ")
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To: george76

Laws?

He had no plans for those property he has stolen at a whim, the plans come later if ever.


6 posted on 02/20/2010 11:28:05 AM PST by GeronL (I pledge allegiance to the Principles of the Bill of Rights and to protect and defend it...)
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To: Renegade

Same thing with Hitler, Mussolini, Mao, Lenin, Stalin, Castro, Ahamadinejad, Jung-Il, etc.


7 posted on 02/20/2010 11:30:22 AM PST by Brilliant
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To: 1raider1

Agreed.


8 posted on 02/20/2010 11:33:54 AM PST by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: george76

How long before this sick bastard is either overthrown or assassinated? How long will his countrymen put up with this s**t?


9 posted on 02/20/2010 11:35:09 AM PST by RightOnline
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To: Brilliant

At least they TRIED with Hitler. Screwed him up a lot.


10 posted on 02/20/2010 11:36:34 AM PST by Renegade ("Bring it on while I still don't need glasses to shoot your eye out ")
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To: Cicero

Thank you.


11 posted on 02/20/2010 11:39:36 AM PST by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

Someone has to be able to get close enough to assassinate chavez. It shouldn’t be that hard to take down that malignant thug in red with an IED attack or a sniper in a window..


12 posted on 02/20/2010 11:44:16 AM PST by Dr.Zoidberg (Warning: Sarcasm/humor is always engaged. Failure to recognize this may lead to misunderstandings.)
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