Having known some of the people who owned all that stuff, I have to say they brought it on themselves. Just as in the rest of Latin America (including Mexico) a handful of elites have controlled the country and hoarded all the wealth for themselves.
I don't agree with nationalization, though. I would have a responsible foreign entity partner with Venezuelan firms- someone like BP, Exxon, etc. that has strict financial disclosure rules they have to live by so you have transparency in what happens to the oil. Then I would do what they have done in Alaska- give a percentage of the oil revenue every year directly to every citizen of the country via bank deposits. On 4/18/06, Vivec <[EMAIL PROTECTED]> wrote: > > I don't see the Nationalisation of enterprises which utilise the > countries non - renewable resources to be a bad thing. > > Those 'private industries' were not owned by venezuelans, and they > were not acting in the intersts of venezuela. A lot of them got their > holdings under suspicious circumstances from previous regimes. They > were all foreigners and foreign oil companies. > > A lot of the land as well was held, acres upon acres. > > Think of if three states, Louisianna,texas and iowa were owned by 5 > wealthy families, some of them Iranian who refused to sell the land to > the state, or to allow any development on them unless they approve it. > I'm sure you would be as against 'Nationalisation' then as you are > now.Actually, I know you would not be against it, you would be all for > paying these people for the land and claiming it for the State so that > housing, hospitals and other necessary infrastructure can be built and > the remaining land sold openly to private business interests. > -- --------------- Robert Munn www.funkymojo.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:204587 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
