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Venezuela seizes General Motors plant as property of the state
Hotair ^ | 04/20/2017 | Jazz Shaw

Posted on 04/20/2017 8:17:35 AM PDT by SeekAndFind

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To: SeekAndFind

“It’s a real shame about those explosive charges that are the icky things we left at the plant. Oh, didn’t you know all auto plants have explosives as part of their normal operations?”


101 posted on 04/20/2017 3:37:47 PM PDT by Still Thinking (Freedom is NOT a loophole!)
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To: SeekAndFind

GM can build its cars in the USA, and Venezuela can be left alone to learn what happens when you vote in a socialist gubmint. Only socialism could parley worlds biggest oil reserves into mass starvation of its people, and complete chaos.


102 posted on 04/20/2017 3:46:18 PM PDT by Rebelrage ("To crush your enemies -- See them driven, and to hear the lamentation of their women")
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To: Publius
In Atlas Shrugged it was mines in Chile, wasn't it? And Francisco d'Anconia, who rigged charges in them to blow the moment the Chilean People's Government nationalized the lot. His parting words? "Brother, you asked for it."

We've joked, I know, about AS losing its fictional status, but this stuff is a little scary. We learn here that the Venezuelan government has seized GM's "assets" in that country, but it really hasn't, it's only seized anything that might remotely yield a fast buck. The assets consisted of a production line and skilled workers capable of using it and generating wealth in the form of (gasp!) profit. Which not only fed those people but fed the government as well in the form of tax revenue. Now both are starving. This is "end-point" socialism.

Cuba, and now this. And still the idiots on college campuses and editorial desks clamor for our own version. They should be careful what they wish for.

103 posted on 04/20/2017 4:33:45 PM PDT by Billthedrill
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To: Billthedrill
I was thinking of what happened after Hank escaped to Galt's Gulch. From a certain very well-written book:

Rearden Steel is nationalized as the property of a deserter. People from the Boyle faction and Meigs faction fail to get the plant to produce, so they settle for looting the company and shipping its physical plant to friends in Europe and Latin America.

104 posted on 04/20/2017 4:56:38 PM PDT by Publius ("Who is John Galt?" by Billthedrill and Publius available at Amazon.)
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To: JimRed

If they are, at least they’ll be killing each other.


105 posted on 04/20/2017 5:43:10 PM PDT by Eleutheria5 (“If you are not prepared to use force to defend civilization, then be prepared to accept barbarism.)
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To: stephenjohnbanker; KC_Lion; Impy

Birds of a feather...

In other news: In honor of Aaron Hernandez, I cooked and smoked meth today. Then got into a fight with some guy who spilled a drink on me.


106 posted on 04/20/2017 5:48:10 PM PDT by GOPsterinMA (I'm with Steve McQueen: I live my life for myself and answer to nobody.)
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To: Billthedrill

This would have been Chile’s fate had Pinochet not rid his country of Allende’s socialist thugs. He made the hard decisions to save his country and was vilified by western hypocrites who didn’t lift a finger to prevent a socialist catastrophe. He’ll always be in my pantheon of great leaders.


107 posted on 04/20/2017 6:25:15 PM PDT by littleharbour
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To: SeekAndFind

108 posted on 04/20/2017 8:27:02 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: SeekAndFind

Aaaaaaand....that’s what happens when companies go outside the country to manufacture goods. They lost some major profits today!


109 posted on 04/20/2017 8:45:44 PM PDT by luvie (Be still and know that I Am GOD.....Psalm 46:10)
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To: KC_Lion

Exactly!


110 posted on 04/20/2017 8:53:35 PM PDT by luvie (Be still and know that I Am GOD.....Psalm 46:10)
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To: jiggyboy; Publius

Ayn Rand was SO ahead of her time.

Of course, she’d already seen what socialism did to her country.


111 posted on 04/20/2017 8:57:57 PM PDT by luvie (Be still and know that I Am GOD.....Psalm 46:10)
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To: LUV W
Aaaaaaand....that’s what happens when companies go outside the country to manufacture goods. They lost some major profits today!

Excellent point Sweetest Luv W.

The "Cheaper Labor Costs" and all that Jazz sure doesn't turn out a profit when everything is seized and you don't have the Legal Protections like you do here in The States.

112 posted on 04/20/2017 9:00:42 PM PDT by KC_Lion (Proud Keeper of the Sarah Palin and New First Lady Melania Ping Lists. Let me know if you want on.)
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To: DaxtonBrown

They haven’t a clue about business models. They think those cars just make themselves. So they’ll wonder why they aren’t still doing it for them. Libs of all sorts are just a special kind of stupid.


113 posted on 04/20/2017 9:00:47 PM PDT by luvie (Be still and know that I Am GOD.....Psalm 46:10)
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To: SeekAndFind

Well, it is Government Motors isn’t it? It’s just a matter of which government.


114 posted on 04/20/2017 9:04:50 PM PDT by Theophilus (Repent)
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To: fatez

An Venezuela didn’t even have the common courtesy of giving them a bailout at taxpayers expense.


115 posted on 04/20/2017 9:06:13 PM PDT by Theophilus (Repent)
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To: GOPsterinMA; stephenjohnbanker; KC_Lion; NFHale; fieldmarshaldj; BillyBoy

Some dude tried to sell me heroin yesterday, he said he “wanted to do business” with me and asked if “do blows”. He looked more like a drug dealer than a gay prostitute and sure enough I googled “blows” (plural) and it’s “Chicago slang” for H. Gas station/convenience store parking lot, 2/3 blocks from a grade school. I told the cashier, I hope he called the police.


116 posted on 04/21/2017 12:47:13 AM PDT by Impy (End the kritarchy!)
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To: Impy

Charming...

Take it away, Julie London...

https://www.youtube.com/watch?v=H_mWQ6GaMcA


117 posted on 04/21/2017 1:04:58 AM PDT by fieldmarshaldj (Je Suis Pepe)
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To: Impy; stephenjohnbanker; KC_Lion; NFHale; fieldmarshaldj; BillyBoy

Interesting. Sounds like a “Huggy Bear” situation. http://rebelcat4.tripod.com/id209.html

You handled yourself very well.

Side note: I’ve started using both cocaine and meth and I’m very happy.


118 posted on 04/21/2017 3:59:30 AM PDT by GOPsterinMA (I'm with Steve McQueen: I live my life for myself and answer to nobody.)
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To: SeekAndFind

Soooo...
Now they have a car factory. What are they going to do with it?
Sell it for scrap?
I am pretty sure they don’t know how to run it, and that they can’t supply it.


119 posted on 04/21/2017 6:36:15 AM PDT by Little Ray (Freedom Before Security!)
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To: SeekAndFind

Yeah well my heart bleeds for GM.


120 posted on 04/21/2017 10:07:27 AM PDT by Lil Flower (American by birth. Southern by the Grace of God. ROLL TIDE!!)
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