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Thread: The Troubles in Venezuela seem to be going unnoticed.

  1. #1
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    Default The Troubles in Venezuela seem to be going unnoticed.

    Too many other distractions I guess.


    "GM says Venezuela has seized its car plant" http://money.cnn.com/2017/04/20/news...zed/index.html

    http://money.cnn.com/2017/04/18/news...ex.html?iid=EL


    General Motors says it will immediately halt operations in Venezuela after its plant in the country was unexpectedly seized by authorities.

    GM (GM) described the takeover as an "illegal judicial seizure of its assets."

    The automaker said the seizure showed a "total disregard" of its legal rights. It said that authorities had removed assets including cars from company facilities.
    "[GM] strongly rejects the arbitrary measures taken by the authorities and will vigorously take all legal actions, within and outside of Venezuela, to defend its rights," it said in a statement.
    GM's subsidiary in the country -- General Motors Venezolana -- has operated in Venezuela for nearly 70 years. It employs nearly 2,700 workers and has 79 dealers in the country. GM said it would make "separation payments" to its workers.


    Venezuelan authorities did not immediately respond to a request for comment.
    Huge swaths of Venezuela's economy have been nationalized in the years since former President Hugo Chavez rose to power. Under Chavez, who took office in 1999, the state took control of private oil, telecommunications, energy and cement businesses.
    President Nicolas Maduro, handpicked by Chavez as his successor, has continued the tradition.
    It was not immediately clear why authorities in Venezuela seized the GM plant, but Maduro has in the past blamed the United States and its companies for the country's economic and political problems.

  2. #2
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    Default Re: The Troubles in Venezuela seem to be going unnoticed.

    well, maybe there'll be more jobs come back to the us
    The doctrine of nonresistance against arbitrary power, and oppression, is absurd, slavish, and destructive of the good and happiness of mankind.
    Personal failures are too important to be trusted to others.

  3. #3
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    Default Re: The Troubles in Venezuela seem to be going unnoticed.

    Maybe! Probably a stretch but the only good thing that could come from it.

    There are some troubling things going on down there, government killings, and accusations that the Venezuelan Government is selling passports to non Venezuelans.

  4. #4
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    Default Re: The Troubles in Venezuela seem to be going unnoticed.

    Unnoticed? You must not read any good newspapers. Around here both the Cape Cod Times and the Boston Globe have had extensive coverage and plenty of columns attacking all socialism based on Venezuela and other columns citing Venezuela as not remotely representative of democratic socialism.

  5. #5
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    Default Re: The Troubles in Venezuela seem to be going unnoticed.

    Not just Venezuela but all sorts of other countries and regions - Yemen, Somalia, Mali, Libya, South Sudan to name a few. In my mind "coverage" is more about me going to look for myself more than what just comes to me from CNN, NPR, Fox and others.

    I hope Venezuela doesn't turn into another failed state like some of the others.
    Will

  6. #6
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    Default Re: The Troubles in Venezuela seem to be going unnoticed.

    Venezuela has gotten coverage, but really, it's their own fault for having fallen for the Chavez line of BS to begin with. Maduro is an incompetent ass, but he is theirs. We have our own, thanks.
    Gerard>
    Everett, WA

    RESIST. FIGHT THE POWER.

  7. #7
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    Default Re: The Troubles in Venezuela seem to be going unnoticed.

    Quote Originally Posted by Ian McColgin View Post
    Unnoticed? You must not read any good newspapers. Around here both the Cape Cod Times and the Boston Globe have had extensive coverage and plenty of columns attacking all socialism.
    pretty well covered by the Detroit Free Press too
    Simpler is better, except when complicated looks really cool.

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