Chavez announces take over of Toyota by Chinese

If Hugo Chavez can be credited with any contribution whatsoever to mankind, it will be in the numerous entries in the next compendium of psychiatric ailments. Hell at this point he should have his own edition. ‘The DSM V HC’ Multiple sustained delusions.

Below find a segment from Fausta’s blog but please click over and read the whole thing. Fausta is your premiere site for Hugo watchers.

Chávez threatens Toyota, GM

Chavez parrotAnother day, another lunacy:
Venezuela’s President Threatens Toyota, GM

Venezuelan President Hugo Chávez, beset by a recession that is hurting his popularity, has turned his sights on international car companies, threatening them with nationalization and pledging to ramp up government intervention in their local businesses.The populist leader has threatened to expropriate Toyota Motor Corp.’s local assembly plant if the Japanese car maker doesn’t produce more vehicles designed for rural areas and transfer new technologies and manufacturing methods to its local unit. He said other car companies were also guilty of not transferring enough technology, mentioning Fiat SpA of Italy, which controls Chrysler Group LLC, and General Motors Co.

And who’s going to take over the Toyota plant? The Chinese!

The president ordered his trade minister, Eduardo Saman, to inspect the Toyota plant. He said if the inspection shows Toyota isn’t producing what he thinks it should and isn’t transferring technology, the government may consider taking over its plant and have a Chinese company operate it.“We’ll take it, we’ll expropriate it, we’ll pay them what it is worth and immediately call on the Chinese,” Mr. Chávez said in a televised address late Wednesday.

For the rest please visit Fausta’s blog

About Eeyore

Canadian artist and counter-jihad and freedom of speech activist as well as devout Schrödinger's catholic

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