(It was the onlu red badge image I could find)
Posted on 04/21/2017 9:52:29 AM PDT by detective
General Motors became the latest corporation to have a factory or other asset seized by the government of Venezuela, and the Detroit automaker faces an uphill battle to recover any damages.
GM said Thursday that its only factory in Venezuela was confiscated a day earlier, as anti-government protesters clashed with authorities in a country that is roiled by economic troubles. GM said assets such as vehicles were taken from the plant, causing the company irreparable damage.
(Excerpt) Read more at abcnews.go.com ...
Wow, that’s a lot of badgers!
Honey badger don’t care.
5.56mm
Easy fix. Citgo is owned by the government of Venezuela. Trump should seize it!
I run a Christian sports equipment ministry (eternalpastime.org). In 02, 04, and 07 I went on mission trips to Valencia to do sports camps with the urban poor. We spent our days in the drug and crime infested slums doing sports camps with really poor kids in partnership with local churches. Valencia was a great city then with nice malls, restaurants, etc., but you could see how much worse it was getting as socialism spread on each trip.
There were several American companies there and they were some of the biggest employers. Chavez was using the USA as his foil; he'd be the guy to stand up to the big bully from the north. There was anti-American graffiti, but the people loved US culture, music, food, movies.
I keep up with some of my friends from VE on facebook. If anything, the news underplays how bad it is there. No shock to freepers, but socialism has destroyed everything. The rich (and their $) left the country and the middle class are now poor.
I've been on three mission trips to Cuba too. One thing I found in both countries, the church people we work with in VE hated Chavez and the Cuban Christians are no fans of the Castro regime. I had more than 1 Cuban pastor remind me (with a hint of satisfaction) that Chavez had said he hated God from deep in his guts, then he died in Cuba from stomach cancer.
No, thats a raycon, they eat a lot of Ricky’s weed.
(Trailer Park Boys)
That's kind of a biggie. Of course GM was headquartered in a communist-run country from 08-16, so maybe it seemed pointless to move.
If they produced fewer than 3,000 vehicles last year then I’d say they had basically shut the place down already anyway.
Roughly a penny on the dollar. They won't get even that because Venezuela has no money to pay it.
On the other hand, GM was maintaining a factory and paying wages to workers who, due to supply, weren't making cars and hadn't been for a couple of years. It looks like Venezuela has cut their losses for them. That's socialism: everybody loses.
If CITGO is still Venz. owned, seize their assets for GM.
Nailed it.
Not to mention the $10 billion the taxpayers lost on the bailout.
Or the taxpayers, as they did in 2009.
And one courageous cat (if it isn't a lawn ornament).
(It was the onlu red badge image I could find)
(It was the onlu red badge image I could find)
Yep, Gov Motors wanted socialist corporate welfare, now complains they are owned and nationalized...
I do not feel sorry
“I haven’t bought a GM product since...”
Me either. To me any GM product built in 2009 and after is stolen and I don’t buy stolen property.
Is this something to go to war over maybe? Stealing US assets. Or at least warrants to targeting of certain palaces and compounds.
A shooting gallery.
We gone all Fords for trucks.
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