
"To hold the conference we had to ask for permission... and the owners tried to impose conditions on the revolutionary government. No way," said Chavez.
"So I said, 'Let's expropriate it.' And now it's been expropriated."
The acquisition by force of the real estate, furnishings, and related assets... of the Margarita Hilton & Suites Hotel Complex, along with the Marina owned by Inversiones Pueblamar y Desarrollos MBK, have been ordered," read a presidential decree in the official register.
In the past four years, Venezuela has implemented the nationalization of what is sees as strategic industries, including electric utilities, cement, steel, oil services and banking. More here:
Yes ... anyone else want to invest money in Venezuela? I wonder how he's doing with the economy.
CARACAS, Venezuela (Reuters) -- Venezuela's consumer prices rose 2.5 percent in September, the highest monthly level this year, underlining the challenge President Hugo Chavez faces in taming one of the world's highest inflation rates.
With August inflation at 2.2 percent, September's was the third successive monthly rate over 2.0 percent, led by food and education costs. The OPEC member is forecasting 26 percent inflation for 2009, below last year's level of 31 percent. More here:
Hey, Venezuela ... don't worry ... he only wants to be
This is what I love about lefties ... they don't mind throwing your entire life away while they make another failed attempt to bring about Utopia. Hey, majority rules, right? Don't worry about your "inalienable, God-given" rights/liberties ... nobody can take them away ... except a mob ... that's what the founding fathers had in mind.
After all, it's their dream and all they need is














