Posts Tagged ‘chavez’

Reuters: Venezuela Chavez says “Comrade” Obama more left-wing

Thursday, June 4th, 2009

Reuters:

During one of Chavez’s customary lectures on the “curse” of capitalism and the bonanzas of socialism, the Venezuelan leader made reference to GM’s bankruptcy filing, which is expected to give the U.S. government a 60 percent stake in the 100-year-old former symbol of American might.

“Hey, Obama has just nationalized nothing more and nothing less than General Motors. Comrade Obama! Fidel, careful or we are going to end up to his right,” Chavez joked on a live television broadcast.

During a decade in government, Chavez has nationalized most of Venezuela’s key economic sectors, including multibillion dollar oil projects, often via joint ventures with the private sector that give the state a 60 percent controlling stake.

Video — Rep. King: Obama Policies Like Chavez’s

Wednesday, April 22nd, 2009

RCP:

Rep. Steve King (R-Iowa) on President Obama’s business practices: “But something that comes to mind when I see this image, too, is here are two world leaders that have both, within the last month, nationalized huge private-sector companies,” said King. “In the case of President Obama, General Motors and Chrysler, at least in effect if not in actuality, and moved it down that path, when he fired the CEO of General Motors, and when he ordered that Chrysler merge with Fiat.”

“Those two have done the same thing to private business,” King added, “and I think that image also will soak into the minds of investors around the world, and where they want to put their money.”