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With as much money as PDVSA gives (or is forced to give) to Bolivarian initiatives, I say good. Sanctioning Petroleos is basically sanctioning the Venezuelan government.
Let's see here...
a. Sanctioning PDVSA means less money for PDVSA.
b. Less money for PDVSA means less money for Hugo Chavez.
c. Less money for Hugo Chavez means less resources to run a repressive, authoritarian, government that enjoys simultaneously crapping on America while exploiting its voracious demand for oil and gas to fund its "socialist" experiments.
There. I spelled it out for you.
Funny how conservatives sound exactly like liberals when they're getting boned.
More government interference please!
Nice try, but Petroleos is already nationalized. Sanctioning it does not equate to free-market hypocrisy.
Less money for Hugo Chavez means less resources to run a repressive, authoritarian, government that enjoys simultaneously crapping on America while exploiting its voracious demand for oil and gas to fund its "socialist" experiments.
The State Department clarified that in the case of PDVSA, the sanctions “prohibit the company from competing for US government procurement contracts, from securing financing from the Export-Import Bank of the United States, and from obtaining US export licenses”. The US sanctions do not affect Venezuela’s supply of oil to the United States, as clearly the Obama administration would not want to directly affect its own interests. Nor do the sanctions apply to PDVSA subsidiaries, such as CITGO, a US corporation owned by PDVSA which has seven oil refineries and over 10,000 gas stations throughout the United States.
I've always said regardless of what party I affiliate with, **** any country that doesn't cooperate with United States. I'm a father first, an American second, and a democrat third. If they don't want to make things better for me? then **** them.
Venezuela Rejects US Sanctions, Evaluates Oil Supply to US | venezuelanalysis.com
Venezuela’s government strongly rejected the Obama administration’s attempt to sanction its state-owned oil industry, PDVSA, and interrupt its relations with other nations. Latin American nations and groups worldwide have expressed support for Venezuela’s defiant stance.
On Tuesday morning, the US State Department, announced it was imposing unilateral sanctions against seven international companies, including Petroleos de Venezuela, S.A. (PDVSA). This decision marks the first time the US government has taken direct hostile action against the Venezuelan state-owned oil company, which is one of the largest oil companies in the world.
The Venezuelan government reacted firmly to the unilaterally imposed sanctions, clearly stating it will no adhere to any decision made by the US government regarding its oil business, nor will it accept any US interference in its relations with other nations. During a joint press conference late Tuesday afternoon, Venezuela’s Foreign Minister, Nicolas Maduro, and PDVSA President and Oil Minister, Rafael Ramirez, labeled the US sanctions as a “hostile act of aggression” against the South American nation. They also announced that Venezuela is “thoroughly evaluating its response” and whether the US decision will “affect the supply of 1.2 million barrels of oil daily to the US”.
What are you talking about? Venezuela is already a huge mess.I was talking about the nationalization. Makes conservatives squeal on general principle.
And I bet you support overthrow and installation of a puppet, so we can spend hundreds of billions of dollars cleaning it up 20-30 years later.
America is messing with Venezuela. Are you surprised they might act out because of it? I would guess Obama is going to act surprised, but can he really be? I mean isn't it kind of obvious what the response was going to be?
declared Venezuelan President Hugo Chavez on Twitter this Tuesday (@chavezcandanga)
Why the sanctions?
Not really informed on the whole Venezuelan thing.
According to State Department releases, the sanctions fall under the Iran Sanctions Act (ISA) of 1996, as amended by the Comprehensive Iran Sanctions, Accountability and Divestment Act (CISADA) of 2010, for alleged “activities in support of Iran’s energy sector”. In the case of Venezuela, the State Department claims PDVSA “violated” the US legislation by “selling at least two cargoes of reformate to Iran between December 2010 and March 2011”. Reformate is a blending component that improves the quality of gasoline, which somehow, the US government alleges, can help enable Iran to make nuclear bombs.
KNow what you're talking about before you try to bring empty smack. Bolivarian socialism has had a pretty tremendous impact on the lives of venezuela's poor. Of course it is messy, theyre going it on their own. The infastructure in the states and venezuela is designed for venezuelan crude and this will merely incentivize their will to supply to china and change their infastructure themselves. Also, since when was cracking down on parties that support illegal american led coups against sovereign and legitimately elected governments not okay?
I was talking about the nationalization. Makes conservatives squeal on general principle.
And I bet you support overthrow and installation of a puppet, so we can spend hundreds of billions of dollars cleaning it up 20-30 years later.
The jump in quality-of-life for most Venezuelans has been because oil prices tripled immediately after Chavez' revolution, not because of Chavez himself. The programs themselves are only a blip on the radar or a continuation of a pre-existing programs (as in, programs that predated Chavez). If they are messy, its their communist dictator's fault. Had there not been a massive oil depression in the 80s, we would still have the previous government in effect, and we would have seen an even GREATER improvement in Venezuelan standards of living. Also, it was not "PDVSA" in itself that supported the coup. It was the employees. And guess what? 18,000 of them were fired after the lockout ended. The same people aren't there anymore.
So maybe you're the one who should know their facts before talking smack? :coffeepap
Well, when a blatantly nationalized company is competing for American contracts, backed by an anti-American dictator? You'll excuse me if I don't enjoy feeding the mouth that bites us. And let's not make insulting generalizations, shall we? Just because I don't support a repressive socialist dictator, doesn't mean I'm some sort of corporate neo-colonial stooge.
Bites us? Seriously?
And your history of venezuela varies significantly from that of those I have met who have lived and worked in the region.
Its still transitioning from the neocolonialism you mention.
And years of abject peasantry does NOT equip a people to govern themselves overnight.
From what I understand Chavez is a bombastic egomaniac, but is actually trying to make things better.
Corporate interests who had their assets nationalized are still trying to get their peasants back, in addition to all their land and factories,etc.
I know Chavez talks a lot of smack about the US, but has he actually done anything?
I despise propaganda in all its myriad forms. And I have caught folks at the "evil socialist" game far too many times. You can usually tell by their absolute idolatry of capitalism, considering any critique pure heresy.
Let's see here...
a. Sanctioning PDVSA means less money for PDVSA.
b. Less money for PDVSA means less money for Hugo Chavez.
Repressive?c. Less money for Hugo Chavez means less resources to run a repressive,
How is he authoritarian?authoritarian,
How is he crapping on America? I think he just wants what is best for his people rather what is best for the giant multinational corporations...government that enjoys simultaneously crapping on America while exploiting its voracious demand for oil and gas to fund its "socialist" experiments.
Kinda lame.There. I spelled it out for you.
The jump in quality-of-life for most Venezuelans has been because oil prices tripled immediately after Chavez' revolution, not because of Chavez himself.
its their communist dictator's fault.
The programs themselves are only a blip on the radar or a continuation of a pre-existing programs (as in, programs that predated Chavez).
Also, it was not "PDVSA" in itself that supported the coup. It was the employees. And guess what? 18,000 of them were fired after the lockout ended. The same people aren't there anymore.
Just because I don't support a repressive socialist dictator, doesn't mean I'm some sort of corporate neo-colonial stooge.
It's a repressive country
I don't care what anyone says it is clear that either obama is a clueless dip**** or he is raising the price of oil on purpose. Eitherway, it would be nice if Obama could actually not **** up when it came to international relations for once.
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