Here's a memo to all you folks who think that Venezuela isn't a threat to the US or that its policies wont affect the US. The socialists in charge, headed up by [T]hugo Chavez, see factories as national assets. That includes GM and Ford plants.
Ponder that a moment.
Note that this is the same playbook that Castro used all those decades ago - nationalizing industries and kicking out the companies that ran factories claiming them in the name of the people. Problem is that all those industries went into a tailspin never to recover.
As a result, the Cuban people have suffered horribly at the hands of the Castroites Their quality of life has suffered, and their economy is stagnant. The same will happen to Venezuela. Happy socialism or not. The economic theory of socialism is a flawed one, and putting a smiley face on it will not change that basic fact.
On a related note, Chavez thinks that Castro is soon to be fit as a fiddle (though may be just as wooden these days).
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