[cableguymn]

Headline reads like they had a choice to continue

[ichabod1]

Just putting them all on the Maduro diet.

[FatherofFive]

Drive out all the producers. That will help the economy for sure.

[Texas Eagle]

GM called an illegal judicial seizure of its assets.

HA! That's rich coming from a company that seized the stocks owned by its rightful owners and gave it to freedom-hating Unions.

Embrace the suck, GM.

[SkyDancer]

So the dog caught the bumper of the car, now what?

[bgill]

It’s not the first time the Venezuelan government has seized a foreign corporation’s facilities.

These companies don't care. They can get away from US government regulations and cheap labor. Any losses upon seizure can be passed on to US customers.

[ObozoMustGo2012]

If GM had their factory in the US, this wouldn't have happened.

[butlerweave]

Will the Bus Driver President build Buses ?

[grobdriver]

Nationalized!

[JimSEA]

Maduro will be proud to have eliminated all those evil capitalist wages that were being paid Venezuelans.

[Cboldt]

Fake news - GM is still doing business through its dealers. The only thing shut down, so far, is the manufacturing plant.

" ... In the meantime, GMV, through its dealers, will continue to provide aftermarket service and parts for its customers," GM said in its statement.

[ArcadeQuarters]

GM loves government intervention. What’s the problem?

[Darksheare]

But GM was okay with government control when Obama did it.

[posterchild]

This helps round out their Government Motors experience.

[econjack]

Allende did the same thing in Chile in the 1970’s, only they paid General Tire $1 for the plant. Years later, as the equipment started to wear out, they tried to buy replacement parts for the factory and were surprised to discover that the companies told him to take a hike.

Cut...nose...spite...face

[central_va]

I love it when cheap labor whores get burned.

[central_va]

Dear GM,Ford and Chrysler,

Mexico is way overdue for a proletariat “peoples” revolution.

You’ve been warned.

Signed,

Pack sand you Cheap labor whores.

[ManHunter]

So after 17 or 18 years of socialist/communist rule in Venezuela, GM still had an operating plant in Venezuela? What the hell was their Board of Directors thinking?

[M Kehoe]

I wonder how much business interruption insurance GM had?

5.56mm

[Dick Bachert]

Venezuela — AND AMERICA — are suffering under the “myth” of UNBACKED PAPER FIAT CURRENCY and will continue to suffer until this very profitable — for a SELECT FEW – SCAM is halted!

Lori and I delve into this topic in part 2 of our series at the link below. Listen — if you dare!

1/2 HOUR RADIO SHOW ON MONEY, THE FED, INFLATION, ETC.
As some already know, since mid-2014, we’ve been doing a 30 minute weekly Wednesday
radio show (aka “rant”) with Dr. Lori Wilson out of WLBB in Carrollton, Georgia.
If you have an interest in listening, go to this link http://www.gradickcommunications.com
and the center “PODCASTS” Menu and click on “The Wednesday Show with Dick Bachert” for the current program.
If you want to listen real-time, the show airs between 8:30 to 9:00 AM, Eastern