Magic Variable to Nationalize Cement Production
Venezuela has been going down the road of socialism for a while. This will only make things worse.
Venezuelan President Hugo Chavez is planning a government takeover of his country’s cement industry, his latest effort to impose state control over key sectors of an economy battered by shortages and inflation.
I have absolutely no doubt that government will make this all better. It always does.

April 8th, 2008 at 11:24 am
Chavez is a dope. And when his economy comes crashing down around him, he will go down as yet another example of the failure of nationalized industry.
April 8th, 2008 at 11:44 am
Socialism will work this time. You will see.