Reply #60: Thanks for that "reasoned" analysis. [View All]

[YankmeCrankme]

"Second, Chavez is an idiot who will drive Venezuela into the ground."

"But no, Chavez has an idiotic socialist mentality the sees profit as "evil"."

The fact is the oil corporations had finagled an agreement before Chavez that gave them 90% of the revenues and the government 10%. Chavez felt that was blatantly unfair and forced them to take 50%. Whoa, it's like they're working for nothing. I mean 50% of billions of dollars after decades of almost all of it is so unfair.

They were lucky to have gotten any offer of compensation after decades of ripping off the Venezuelan people. I'm sure they were exempt from any laws while they were at it, not to mention the amount of corruption they helped support in the previous administrations.

"So, seeing this, who in the future would want to invest any money in Venezuela? Not anybody who has an ounce of sense."

And the insinuation that he doesn't provide any profit for investors. Yeah, China isn't going to get anything for investing in the country. I'm sure they're doing it out of altruistic reasons. It just doesn't seem like he's going to be giving the store away like previous government officials. I hope he sticks to that too.