Chavez decrees nationalisation of Orinoco Strip

international | anti-capitalism | other press

Wednesday February 28, 2007 00:00

by good cuadillo bad capitalist

Some of you might have noticed your stock in BP, Exxon-Mobil, Chevron-Teaxaco, Conoco-Philips go down today. I know I didn't - but I did have to field any faxes from the French "Total" and Norwegian "Statoil". No bother - I just take the paper out of the machine.

Hugo Chavez has decreed a nationalisation of the Orinoco River strip which will come into effect on the 1st of May 2007. He explained this to his beloved people during the last episode of his regular TV show "Hola Presidente!".

thank u presidente from everyone who knows what orinoco means

It's not a 100% nationalisation in the traditional marxist model, because Hugo isn't a traditional marxist. The oil companies who are presently operation in the river area will have to become mixed companies with the majority shareholder being PDVSA the Venezuelan oil entity.

The next thing that will happen is he will name members of the committee which will deal with all the fine print. The Leader affirmed that he doesn't want the foreign corporattions to leave - but "that they continue to be partners - but now it is not they who are owners it is PDVSA and they are minority stock-holders".

You must now panic! Panic buy! Go to your local supermarket and stock-up on high sugar high fat (saturated) food! Do not buy anything with the word "fibre" written on the packaging - you just shite it out!
This mad man is endangering the world - a world in which the vice-president of the USA is considered a terrorist target by mad hindus during a visit to Afghanistan to broker peace with the phalestines.
When will you people learn? He is dangerous. He's not even married. Why is he doing this?

May 1 2007 will be the anniversary of Evo Morales the Bolivian president's decree that nationalised sub-soil hydrocarbon resources - which the devoted seeker of justice in the third world at the expense of mass fasting in Erin might relish.
"lick your lips".
Now if you can write a better review of this news - do so. add your effin links and explanation. call up Eoin Harris or Eamon Dunphy - they can spell and do paragraphs and non-defining clauses and not just use the hyphen all the time. "hola presidente!" is not online - nor is its script which is ad-lib'ed most of the time made available on the internet. Because the people who watch it don't read that well and haven't got ASDL. .................so no link to any organisation telling you what it means. You'll just have to believe the stock market in which case your belief is irrelevant to the news.

save preference

Comments (5 of 5)

Orinocco's mate

by Wimble

Wed Feb 28, 2007 09:44

as the song goes- "making good use of the things that we find, things that the everyday folks
leave behind".

we are all wombles-

all the lovely green and beautiful ireland waitng for the mad wombles
to sow the seeds that the eu has not patented or banned.......

Q- for the author.....

Was there a stock market crash last week?

there is a stock market crash every week o seeker of truth.

by good caudillo bad capitalist

Wed Feb 28, 2007 15:37

It is one of the thrills of the Trichotillomaniac - gambling buzz. You lose a bit. You rip at your hair. You worry about your pension fund. you nudge it a bit more. you win a bit more. And every Friday there are record trading levels around thirty five minutes past three of the clock reported on Wall Street. Accordingly it doesn't matter if the market slumps - the trichotillomaniacs always recover - there is always someone else to rip off - there is always more credit on the money tree.
Don't you have a money tree?

a name we have not heard in a while......

by Charlie Mc Creevy

Wed Feb 28, 2007 21:15

He was Mary Harney's Best friend.
He started the SSIA frenzy- timing it to coincide with elections.
Likes Race Horses.
Doing the do in Europe.

Has anyone any idea what Mister Mc Creevy is doing now?

The Irish mass was encouraged to invest funds into equity and private pensions
in order to cash in on the global exploitation of the poor , by the finance minister
of a party who did not mind that some kids do not have shoes.

The speculation(property) and exploitation (globalisation) that we tut.tut at
on the tabloid telly is a result of this kind of investment opportunity.

Masses of Irish people invested in globalised equity cos they were afraid that they
would end up like the very poor- fear drives that market.

I am glad that they lost a grand on their speculation- better than a home or a limb,
given the MRSA an all.

London Independent coverage

by C Murray

Wed May 02, 2007 10:48

Four oil projects are now nationalised and Chavez has left the IMF and World
Bank.

The details are in the London Independent (mainstream) and will be on here
later .

http://www.independent.co.uk

Good decree Bad decree... Good Telly Bad Telly...

by wellington

Mon May 28, 2007 22:06

as of the last hour the group "reporters without borders" have added their names to the list of international condemnation of the latest decree by hugo chavez. Last night as Venezuela saw created a new pro-regime telly station one other was closed.

Here you may see a list of programs which were previously broadcast by the station which had for more than fifty years presented options to hola presidente! & who knows maybe run the whole series of Fawlty Towers . I doubt Ardal oHanlon has got dubbed into Venezuelan yet nor would go down well either as who wants to be taoiseach (caudillo) or his much better role in father Ted & craggy island .

Apologists ought be really quick to spin on this & if possible include it in their June or May editions of webcasts and papers.

http://rsf.org
http://en.wikipedia.org/wiki/RCTV
http://www.rsf.org/article.php3?id_article=22326

I'd blog about this if I could. But I've a responsibility to protect the casual commentator who doesn't get the stakes. All Telly is Toxic. It's toxic to make (ask an asian), to dispose of (ask an african) and to watch. (ask your family) Changing one toxic set of telly makers for another is not in anyway a good thing. It will be MTV and Paris Hilton next and Ardal will never get a look-in down Orinoco way when you know we reform Colombia and bring happiness and ice cream to the masses (along with their oil and coca).

For it was written.

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Chavez decrees nationalisation of Orinoco Strip

Comments (5 of 5)