Those Wild And Crazy Left Wingers

J.J. Jackson* | January 22, 2007

Filed Under Liberals

In a move to further his communist perspective, Hugo Chavez says that he will not pay going market rate for the companies he plans to nationalize.

Cantv Shares Plunge as Chavez Says He Won’t Pay Market Value

Bloomberg
By Guillermo Parra-Bernal and Theresa Bradley. Jan. 22 (Bloomberg) — Shares of CA Nacional Telefonos de Venezuela plunged after President Hugo Chavez said the government won’t pay investors the market value for their holdings as it moves to seize the …

Just remember, there are millions of people in America that believe in this type of government seizure and top down management of property.

How would you feel if the government decided that your property which you could sell for $1 million dollars was going to be theirs for just $100,000? You’d probably be pissed. That is, unless you are a hard core Marxist.

Chavez is well on his way to turning Venezuela into the next Cuba - a country so wealthy in natural resources that can’t even feed its own people.

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