| Hugo Chavez of Venezuela and Evo Morales of | | | | is not true and it will end up hurting all the people that |
| Bolivia have been very busy commandeering and | | | | live in all these nations. |
| nationalizing foreign assets in the name of the people. | | | | You see, when a government nationalizes mining and |
| Basically they are stealing from companies and foreign | | | | oil assets generally it brings the same type of |
| investors that have come into their country and | | | | bureaucracy that runs the government into what was |
| agreed to work there, hire workers, provide jobs, tax | | | | once a free-market enterprise. It expects the same |
| base, and income to those countries. Now they're | | | | amount of profit that those foreign enterprises were |
| being thrown out and all their assets are being taken. | | | | producing to help pay for all the promises it has made |
| Unfortunately, this is spreading throughout the region in | | | | to its people. This is impossible because a bureaucracy |
| both Central and South America. Hugo Chavez of | | | | cannot run for profit free enterprise business at the |
| Venezuela has been very busy with a little group he | | | | same level of efficiency. |
| calls ALBA. So far it has members like Nicaragua, | | | | Plus, what happens is the state fails in these |
| Ecuador, tuba, Argentina, Bolivia, and Venezuela. He is | | | | businesses it has taken over, does not turn a profit, |
| also trying to get Honduras, Peru, and Costa Rica on | | | | has no money for the people and it implodes. The |
| board. Now it appears all of these nations are moving | | | | people are left with a government that isn't working |
| themselves towards a socialistic/communistic group of | | | | and then have to take over the government and that |
| nation-states. In the last round of problems Ecuador is | | | | means a civil war. What is really unfortunate is that the |
| now nationalizing oil and mining companies, just like | | | | rest of the world is left to be dealt with the |
| Bolivia and Venezuela have. | | | | humanitarian crisis and humanitarian issues in the |
| This is causing a real problem with foreign investment | | | | aftermath of the failed government. |
| in those nations and with the World Bank. If nations will | | | | You have to feel sorry for the people who live in |
| not keep up with their responsibilities and contracts | | | | Cuba, Venezuela, Ecuador, Bolivia, Argentina, |
| they cannot be trusted. These countries are basically | | | | Nicaragua, and whatever country he is naive enough |
| sticking their middle fingers up at the rest of the world | | | | to join ALBA next. Please consider all this. |
| saying we don't need you anymore. Unfortunately, this | | | | |