President Chavez announces nationalization of Lord Vestey’s farms, “now!”

Monday, October 4th 2010 - 01:21 UTC

Full article 8 comments

Venezuelan president Hugo Chavez announced Sunday the nationalization of farms and cattle herds belonging to the local affiliate of British tycoon Lord Vestey’s group which also had interests in several other South American countries linked to the meat industry. Read full article

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Hoytred
If Chavez doesn't pay then he's a thief!
Oct 04th, 2010 - 02:45 am - Link - Report abuse 0
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Cadfael
Learning from argentina no doubt!
Wants to be careful tho' the world doesnt need another Zimbabwe!!!
Oct 04th, 2010 - 06:54 am - Link - Report abuse 0
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Rhaurie-Craughwell
I seem to recall another charismatic dictator obsessed with his own image and the great “Socialist” revolution, who too seized land, ranches and farms and gave them to his own supporters, to hide the dreadful handling of the economy and heavily restricted freedom of speech and democracy, now what was his name again, ah thats the one “Mugabae” now what exactly happened to Zimbabwe then and their great socialist revolution against the white Imperialists.
Oct 04th, 2010 - 07:50 am - Link - Report abuse 0
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lsolde
he'll take it over, then next payday the vaqueros won't be paid. there'll no money for investment, things will go to rack & ruin, then it will be the “ingles fault” seen it all before in Africa. & you were getting tax paid too, Chavez
Oct 04th, 2010 - 10:03 am - Link - Report abuse 0
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Pedro
This type of action as is copied by several other SA leaders. I am thinking CFK, Morales and Correa. They are the reason why Sa can ready itself for lots of dissent and even perhaps a real coup.
Oct 04th, 2010 - 10:31 am - Link - Report abuse 0
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jorge!
LOL
Oct 04th, 2010 - 02:48 pm - Link - Report abuse 0
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Pedro
Funny hey, how so-called educated people can still believe in outdated marxism that has not worked anywhere! Ha hah hahahah!
Oct 04th, 2010 - 06:20 pm - Link - Report abuse 0
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Beef
A country that is a major oil producer and suffers power shortages. A county that once exported coffee and now has to import as its production has fallen off a cliff. A country still in deep recession.

For most people this is an example of failure. In South America this appears to be a model that others wish to follow! Nuts?
Oct 04th, 2010 - 09:44 pm - Link - Report abuse 0
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