Chavez Threatens to Nationalize Banks

[jetdawgg]

CARACAS, Venezuela (AP) - Venezuelan President Hugo Chavez on Thursday threatened to nationalize the country's banks and largest steel producer, accusing them of unscrupulous practices.

"Private banks have to give priority to financing the industrial sectors of Venezuela at low cost," Chavez said. "If banks don't agree with this, it's better that they go, that they turn over the banks to me, that we nationalize them and get all the banks to work for the development of the country and not to speculate and produce huge profits."

It was not clear if Chavez was only referring to Venezuelan banks like Mercantil Servicios Financieros CA and Banco Provincial SA, or if he was also aiming the threat at major international banks with subsidiaries in the country, such as Citigroup Inc. (C) and Spanish banks Banco Bilbao Vizcaya Argentaria SA (BBV) and Banco Santander Central Hispano SA. (STD)
Chavez also warned the government could take over steel producer Sidor, which is majority controlled by Luxembourg-based Ternium SA. (TX) Shares of Ternium fell 3.9 percent to $26.15 in U.S. trading after Chavez's comments.

Sidor "has created a monopoly" and sold the bulk of its production overseas, forcing local producers to import tubes and other products from China and elsewhere, Chavez said.

"If the company Sidor ... does not immediately agree to change this process, they will obligate me to nationalize it," Chavez said.

"I prefer not to," Chavez added, as he ordered Mining Minister Jose Khan to depart immediately for the company's headquarters and come back with a recommendation with 24 hours.

"Sidor has to produce and give priority to our national industries ... and at low cost," he said.

Chavez initiated a nationalization drive in January that is bringing the country's largest telephone company CANTV and the electricity sector under state control. The state oil company also took over the last privately run oil operations in the country from major international oil companies on Tuesday.

Chavez, a close ally of Cuban leader Fidel Castro, says the nationalization of "strategic" companies are part of Venezuela's transition to a socialist system. "I'm not deceiving anyone," Chavez said. "I'm only governing the country, and the country has elected me various times ... All of those who voted for me backed socialism, and that is where we are heading."

http://apnews.myway.com/article/20070503/D8OT4O100.html

[OLE SARG]

CIA needs to earn their money and take this piece of **** OUT!!!!!!!!!!!!!!!!

SEMPER FI,

[10thzodiac]

Yeah, the idea of people controlling their bankers and steel corporations is anti-capitalism, Chavez should go...

[HOLM]

10z... Please explain to me in your own words just how you can buy into all the huge conspiracy's about a bunch a Capitalists and evil men on the top of the pile marching us into war, and then say something like this?

Yeah, the idea of people controlling their bankers and steel corporations is anti-capitalism, Chavez should go...

If anyone else had said this I would have assumed that it was a joke.... But from you... Well not so much..

What you don't think that Chavez is the type of arsehole that would march folks right into war? I mean really... I just don't get it.


NO two democracies have ever gone to war with each other...

The Socialists and the Communists do it all the time..


Respectfully submitted of course...

[jegries]

Sounds like another hitler to me!!!

[10thzodiac]

10z... Please explain to me in your own words just how you can buy into all the huge conspiracy's about a bunch a Capitalists and evil men on the top of the pile marching us into war

"I spent thirty-three years and four months in active service in the country's most agile military force, the Marines. I served in all ranks from second lieutenant to major general. And during that period I spent most of my time being a high-class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism." ~ General Smedley D. Butler USMC; (sorry not my words)

and then say something like this?

Yeah, the idea of people controlling their bankers and steel corporations is anti-capitalism, Chavez should go...

Would you believe I was being facetious (humorous)

If anyone else had said this I would have assumed that it was a joke.... But from you... Well not so much..

What you don't think that Chavez is the type of arsehole that would march folks right into war? I mean really... I just don't get it.

I don't know, the supposition is yours not mine, you tell me ?

NO two democracies have ever gone to war with each other...

Democracy at War: US and Mexico in 1848, the American Civil War, the Boer War and World War I.

The notion that democracies don't fight each other is nonsense. India and Pakistan are at war more often than not.

Disputes between Canada, the US, Britain, Norway, Iceland, Spain and Portugal have escalated into violence, sometimes involving naval gunfire.

The Socialists and the Communists do it all the time..

Respectfully submitted of course...

The one I like the best is how long you been out of the Corps and never got a DD-214

Semper Baloney

10th

[HOLM]

Nope... Still no dd 214... My wife doesn't have one either..

[HOLM]

Here is a link about democracy and war... It will save time...


http://users.erols.com/mwhite28/demowar.htm

I guess I will strike that point from the record... since techincally I can be disputed....

[greensideout]

How can you have served and been discharged without a DD-214?

[HOLM]

Don't ask me I never saw one... I have sent off for one but have yet to recieve it. I got booted after I had a blood clot in my shoulder.

Hopefully I will find out I am still in...


I was a 2311. The reserve unit is out of Topeka..

[10thzodiac]

3.2. The Military Services will ensure that every member (except as limited in 3.2.2., and excluding those listed in 3.3.) being separated from the Military Services is given a completed DD Form 214 describing relevant data regarding the member's service, and the circumstances of termination. DD Form 214 may also be issued under other circumstances prescribed by the Military Service concerned. A continuation sheet, if required, will be bond paper, and will reference: the DD Form 214 being continued; information from blocks 1 through 4; the appropriate block(s) being continued; the member's signature, date; and the authorizing official's signature. DD Forms 214 are not intended to have any legal effect on termination of the member's service.

3.2.2. Release for Active Duty Training, Full-Time Training Duty, or Active Duty for Special Work. Personnel being separated from a period of active duty for training, full-time training duty, or active duty for special work will be furnished a DD Form 214 when they have served 90 days or more, or when required by the Secretary concerned for shorter periods. Personnel shall be furnished a DD Form 214 upon separation for cause or for physical disability regardless of the length of time served on active duty.


3.3.3. Personnel being removed from the Temporary Disability Retired List.


3.3.4. Enlisted personnel receiving temporary appointments to warrant or commissioned officer grades.


3.3.5. Personnel whose temporary warrant or commissioned officer status is terminated and who remain on active duty to complete an enlistment.


3.3.6. Personnel who terminate their Reserve component status to integrate into a Regular component.


3.3.7. Personnel separated or discharged who have been furnished a prior edition of this form, unless that form is in need of reissuance for some other reason.

HOLM
Marine
Free Member



Join Date: Feb 2007
Location: Kansas City
Posts: 140

HOLM
Marine
Free Member



Join Date: Feb 2007
Location: Kansas City
Posts: 140

HOLM, it doesn't make sense to me ? If the alleged blood clot in your arm is service connected, why would you have to spend money and not see the VA doctor (below), blood clots have nothing to do with bones. Did you mean a Cardiologist ?

HOLM
Marine
Free Member



Join Date: Feb 2007
Location: Kansas City
Posts: 140

[10thzodiac]

SEMPER BOLOGNA

[SkilletsUSMC]

10th... He checks out on Marine On Line...

https://tfas.mol.usmc.mil/MOL/locato...ail.do?index=0

...Link now doesnt work But he was there as Ronald V Holm Lcpl 2311 Ammo-tech

[HOLM]

Ok dude you are starting to **** me off...

I never recieved a copy of my DD 214... I would have never been discharged if the same corpsman that screwed up my wifes stuff had not screwed up mine..

The lingering problem with my shoulder was a nerve that was damaged when the surgery was done to remove a chunk of my top rib to relieve pressure on the subclavain vein.

It suposedly was not "service" related because I was not admitted to the hospital during a drill weekend. I didn't want to push the issue about it being service related because I never wanted out in the first place.

I got in trouble serveral times for participting in stuff that I was not suposed to be doing because of my TNPQ status...

You are a real piece of work... It is good that this site requires that I remain friendly because I have a lot to say right now...


You sure just spent a lot of time soley for the purpose of defacing me... Without good reason or purpose I might add..

GSO I hope you not like this, but Jet and this a-hole seem just more and more like typical lefties to me.. I am frankly just gettin F-ing fed up.. Marine or not I have less respect for this jerkoff everytime he posts.

[HOLM]

Skillets.. I was suprised to see my MOL acount was still open.. I was looking at it the other day.