Obama’s buddy Chavez nationalizes an American company

CBS News: Chavez orders expropriation (nationalization) of American company Owens-Illinois. (H/T ECM)

Excerpt:

Venezuelan President Hugo Chavez on Monday ordered the expropriation of U.S.-based glass maker Owens-Illinois Inc.’s unit in the South American country.

Chavez announced plans to expropriate the company in a televised speech, saying it operates in western Trujillo state.

The leftist leader criticized the company’s practices in the country, saying it had been “taking away the money of Venezuelans” and exploiting local people. Chavez did not detail his complaints about the company.

There was no immediate reaction from the company, based in Perrysburg, Ohio.

Owens-Illinois also has operations throughout Latin America in Colombia, Brazil, Peru, Ecuador and the Caribbean, focusing on the manufacture of glass containers.

It was unclear how the government would handle compensation for the company’s assets in Venezuela.

Chavez has nationalized or expropriated a wide range of companies, including cement makers, retail stores and steel mills, while seeking to lead Venezuela toward a socialist system.

He said in his speech that more expropriations are planned.

“There’s another list around here,” Chavez said, but added that he would save additional announcements for later.

Here’s the Republican response to Hugo Chavez’s latest anti-American aggression.

Excerpt:

Republican U.S. Rep. Connie Mack targeted Venezuelan leader Hugo Chavez on Tuesday — and ripped into the Obama administration for not standing up to him.

Mack, the ranking Republican on the House Subcommittee on the Western Hemisphere, noted that Chavez was continuing a world tour to push his country’s oil exportation.

[…]“While Chavez reaches out to nations across the world to explore and refine Venezuelan oil, what is the Obama administration doing?” demanded Mack, who is rumored to be running for the U.S. Senate in 2012. “The administration is failing to protect U.S. national security interests by ignoring the fact that we currently rely upon Venezuela for approximately 10 percent of U.S. oil imports. Instead of strengthening oil reserves or working with important U.S. allies such as Canada – which is well-poised to increase the flow of crude oil to our refineries – the Obama administration has not made it a priority.

“What’s more, as the administration sits idly by, Chavez continues his quest to nationalize key private-sector industries,” continued Mack. “During his trip to Belarus, Chavez announced the nationalization of two gold mines in Venezuela, and just yesterday Chavez announced the expropriation of the local affiliate of U.S.-based glassmaker Owens Illinois. Chavez acknowledged that his government has “a list with more names” of companies in Venezuela that will be expropriated.

“The Obama administration must get serious about dealing with the inherent threat that Chavez poses to our nation and the region,” concluded Mack. “We must take a hard look at our current energy portfolio and invest in energy projects with countries that respect international legal standards. And finally, for the security of our economy and the free market, Congress must support the pending free-trade agreements by passing them without delay.”

Where is Obama? Shouldn’t he be saying something about this?

Hey Obama! I can nationalize more private corporations than you can!

Oh. I guess they are having some sort of communist competition or something. Maybe trying to see whose country can hit 20% unemployment first?

Related posts

Have you seen the funny new David Zucker ad against Barbara Boxer?

This is really funny.

First, here’s the real Barbara Boxer.

She’s commonly known as the least intelligent senator in the Senate, but Patty Murray might be the dumbest now.

Now watch this ad from a former Democrat.

Ha! That’s pretty funny.

Would Ted Strickland or John Kasich be a better governor of Ohio?

Here’s a clip of Ted Strickland giving a speech to his Democrat supporters.

Here’s the transcript of Ted Strickland’s speech from the Weekly Standard.

Excerpt:

“The Republican party has been overtaken by the zealots, by the extremists, by the radicals … and they don’t seem to like Ohio very much… And quite frankly they act like they don’t like America very much. They want to change our Constitution. They want to change Medicare. They want to change labor rights. They want to change this country in fundamental ways.”

Does Ted Strickland encourage businesses to remain in Ohio and hire workers in Ohio?

Let’s see:

Wow. 400,000 jobs lost in Ohio while Strickland was governor? He sounds as competent at encouraging job creation as his fellow Democrat Barack Obama.

Ted Strickland raised taxes on citizens of Ohio by 840 million dollars. He thinks he knows how to spend your money better than you do.

Social Issues

I wonder how Ted Strickland is on social issues?

Life News says:

In June of last year, Strickland upset pro-life Ohio residents by using his line-item veto to axe the section of the $1.3 billion funding bill banning state funds for cloning human beings.

Mike Gonidakis, the director of Ohio Right to Life, told LifeNews.com at the time, “By vetoing a ban on using taxpayer funds for human cloning, Ted Strickland has demonstrated that he supports treating human life as a commodity.”

“Most Ohioans don’t share Governor Strickland’s cavalier disregard for the value of human life and they should not be forced to pay for its creation, exploitation and destruction in cloning research,” Gonidakis said.

In March 2007, Strickland feuded with pro-life advocates over his budget proposal that eliminated the $500,000 the state normally spends annually on encouraging kids to practice abstinence.

The governor said he would not apply for any more federal funds for abstinence education for future budgets.

In February 2007, Strickland would not fight to save an Ohio law that protects women from the dangerous RU 486 abortion drug which has killed seven women in the United States and injured more than a thousand more. With little fanfare, Strickland quietly dropped a legal effort to salvage a law that puts safety limits on the drug.

The Ohio state legislature previously approved a bill to bring the use of the abortion pill in Ohio in line with Food and Drug Administration guidelines.

During his tenure in Congress, Strickland had a strong pro-abortion voting record while Kasich compiled a strongly pro-life record.

Ohio Right to Life says:

Ohio Right to Life today announced its endorsement of a slate of pro-life candidates seeking elected office statewide. The pro-life organization picked Rob Portman as its endorsed candidate for the U.S. Senate and named John Kasich as its endorsed candidate for governor.

[…]Marshal Pitchford, the chairman of the Ohio Right to Life Society Board of Trustees said the pro-life movement in Ohio “is fortunate to have experienced and highly qualified pro-life candidates seeking the state’s executive offices.”

“John Kasich had an outstanding pro-life voting record during his career in Congress,” he said. “His running mate, Mary Taylor, is an articulate advocate of the right to life movement. As Governor and Lt. Governor, they will reflect the common sense and common decency of the people of Ohio.”

And he’s also lousy on traditional marriage and the rights of children to be raised by a mother and a father. He was opposed to the Constitutional Amendment banning same-sex marriage, and opposed to banning gay adoption in D.C. He’s a left-wing radical on social issues. Just like Barack Obama.

Right now, the Ohio governor race is a toss-up. I recommend that all my Ohio readers get out and vote for Kasich on election day.

 

n June of last year, Strickland upset pro-life Ohio residents by using his line-item veto to axe the section of the $1.3 billion funding bill banning state funds for cloning human beings.

Mike Gonidakis, the director of Ohio Right to Life, told LifeNews.com at the time, “By vetoing a ban on using taxpayer funds for human cloning, Ted Strickland has demonstrated that he supports treating human life as a commodity.”

“Most Ohioans don’t share Governor Strickland’s cavalier disregard for the value of human life and they should not be forced to pay for its creation, exploitation and destruction in cloning research,” Gonidakis said.

In March 2007, Strickland feuded with pro-life advocates over his budget proposal that eliminated the $500,000 the state normally spends annually on encouraging kids to practice abstinence.

The governor said he would not apply for any more federal funds for abstinence education for future budgets.

In February 2007, Strickland would not fight to save an Ohio law that protects women from the dangerous RU 486 abortion drug which has killed seven women in the United States and injured more than a thousand more. With little fanfare, Strickland quietly dropped a legal effort to salvage a law that puts safety limits on the drug.

The Ohio state legislature previously approved a bill to bring the use of the abortion pill in Ohio in line with Food and Drug Administration guidelines.

During his tenure in Congress, Strickland had a strong pro-abortion voting record while Kasich compiled a strongly pro-life record.