Investing in Venezuela - a Really Bad Idea (May 09)


	Investing in Venezuela - a Really Bad Idea (May 09)
TripodGirl
5-23-2009 10:28 AM
215 views
tags:
chavez, venezuela
TripodGirl says:
A country transitions from democracy to tyranny before our eyes.
1 Comment |
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5-23-2009 11:55 AM
4ensic
I think you forgot the word "another" in your comment.
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/89397793-2c79-4f48-a597-2f0a04e9f991/B2FB24D3-1EBD-4C4C-9AD5-5F2E0F41865C/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://online.wsj.com/article/SB124304353444249249.html" href="http://online.wsj.com/article/SB124304353444249249.html" style="font-size: 11px;">online.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB124304353444249249.html"><P fire="function(){return a.apply(null,[this].concat($A(arguments)))}" observe="function(){return a.apply(null,[this].concat($A(arguments)))}" stopObserving="function(){return a.apply(null,[this].concat($A(arguments)))}" visible="function(){return a.apply(null,[this].concat($A(arguments)))}" toggle="function(){return a.apply(null,[this].concat($A(arguments)))}" hide="function(){return a.apply(null,[this].concat($A(arguments)))}" show="function(){return a.apply(null,[this].concat($A(arguments)))}" remove="function(){return a.apply(null,[this].concat($A(arguments)))}" update="function(){return a.apply(null,[this].concat($A(arguments)))}" replace="function(){return 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a.apply(null,[this].concat($A(arguments)))}" makeClipping="function(){return a.apply(null,[this].concat($A(arguments)))}" undoClipping="function(){return a.apply(null,[this].concat($A(arguments)))}" cumulativeOffset="function(){return a.apply(null,[this].concat($A(arguments)))}" positionedOffset="function(){return a.apply(null,[this].concat($A(arguments)))}" absolutize="function(){return a.apply(null,[this].concat($A(arguments)))}" relativize="function(){return a.apply(null,[this].concat($A(arguments)))}" cumulativeScrollOffset="function(){return a.apply(null,[this].concat($A(arguments)))}" getOffsetParent="function(){return a.apply(null,[this].concat($A(arguments)))}" viewportOffset="function(){return a.apply(null,[this].concat($A(arguments)))}" clonePosition="function(){return a.apply(null,[this].concat($A(arguments)))}" getElementsBySelector="function(){return a.apply(null,[this].concat($A(arguments)))}" childElements="function(){return a.apply(null,[this].concat($A(arguments)))}" hasAttribute="function(){return a.apply(null,[this].concat($A(arguments)))}" _extendedByPrototype="function(){}" getElementsByClassName="function(){return a.apply(null,[this].concat($A(arguments)))}" childOf="function(){return a.apply(null,[this].concat($A(arguments)))}" morph="function(){return a.apply(null,[this].concat($A(arguments)))}" visualEffect="function(){return a.apply(null,[this].concat($A(arguments)))}" highlight="function(){return a.apply(null,[this].concat($A(arguments)))}" fade="function(){return a.apply(null,[this].concat($A(arguments)))}" appear="function(){return a.apply(null,[this].concat($A(arguments)))}" grow="function(){return a.apply(null,[this].concat($A(arguments)))}" shrink="function(){return a.apply(null,[this].concat($A(arguments)))}" fold="function(){return a.apply(null,[this].concat($A(arguments)))}" blindUp="function(){return a.apply(null,[this].concat($A(arguments)))}" blindDown="function(){return a.apply(null,[this].concat($A(arguments)))}" slideUp="function(){return a.apply(null,[this].concat($A(arguments)))}" slideDown="function(){return a.apply(null,[this].concat($A(arguments)))}" pulsate="function(){return a.apply(null,[this].concat($A(arguments)))}" shake="function(){return a.apply(null,[this].concat($A(arguments)))}" puff="function(){return a.apply(null,[this].concat($A(arguments)))}" squish="function(){return a.apply(null,[this].concat($A(arguments)))}" switchOff="function(){return a.apply(null,[this].concat($A(arguments)))}" dropOut="function(){return a.apply(null,[this].concat($A(arguments)))}" getInlineOpacity="function(){return a.apply(null,[this].concat($A(arguments)))}" forceRerendering="function(){return a.apply(null,[this].concat($A(arguments)))}" setContentZoom="function(){return a.apply(null,[this].concat($A(arguments)))}" collectTextNodes="function(){return a.apply(null,[this].concat($A(arguments)))}" collectTextNodesIgnoreClass="function(){return a.apply(null,[this].concat($A(arguments)))}" getStyles="function(){return a.apply(null,[this].concat($A(arguments)))}">Almost every sector in Venezuela is now under the state's expanding embrace, including power, telecommunications, and agro-industrial companies. The government also seized rice mills and pasta factories from U.S. food giant Cargill Inc.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB124304353444249249.html">Venezuela said it is also considering seizing the local operations of U.S. 
pharmaceutical company <A class="companyRollover link11unvisited" 
href="http://online.wsj.com/public/quotes/main.html?type=djn&amp;symbol=pfe">Pfizer</A> Inc. for a 
period of time, in retaliation to the company's decision to close a plant 
located in the city of Valencia. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://online.wsj.com/article/SB124304353444249249.html">
<P>The oil industry, which had seen some of its largest projects taken over by 
the government, is also reeling after Mr. Chávez ordered the nationalization of 
service companies, including Tulsa-based Williams Cos., earlier this month.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/B2FB24D3-1EBD-4C4C-9AD5-5F2E0F41865C/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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