Professor Sami Al-Arian | Main | V For Vendetta Trailer Parody: "C Is For Cookie"
May 02, 2006

May Day, Continued

Another Latin American country falls. Bolivia nationalized its natural gas fields yesterday.

It will be interesting to see what the fallout will be for burning Brazil.

Mr Morales came to Brasilia with a track record of activism as a former coca-growers' union leader, as well as a commitment to economic reforms that would benefit Bolivia's impoverished indigenous majority.

But at the same time, he needed to reassure Brazilian investors - especially Brazil's state-owned oil and gas giant, Petrobras - that he would take a business-friendly approach.

Petrobras, which has invested more than $1bn in Bolivia and controls 45% of its gas production, was duly placated. The company's boss, Jose Sergio Gabrielli, said he expected an excellent business climate under Mr Morales.

Now the mood in Brazil is one of betrayal and humiliation.


Well you know what happens when industry is nationalized.
I'll let Val Prieto at the Anti-Castro Babalublog say it for me:

And ten years from now, just like in Cuba, half of the fields wont be in operation and then let the foreign subsidies begin!

UPDATE: Iblis comments:

Better start building that fence with Mexico post-haste.

Astute point.


digg this
posted by LauraW. at 09:45 AM

| Access Comments




Recent Comments
Nevergiveup: "This verdict shocked me also. No doubt he was ..."

Chicago Vote Registrar: "> To sum up the trend of the last eight years or s ..."

Tom Servo: "53 I just wonder why someone like this has to be s ..."

Aetius451AD: "4. If you admire an artist's work, DON'T learn mor ..."

darren sharper: "This is a miscarriage of justice. ..."

blaster: "[i]Does anyone agree with Rush when he opines that ..."

rickb223 [/s][/b][/i][/u]: "On the flip side, if you think there's a smalll ch ..."

Downcast: "I did expect this verdict. #MeToo mounts it's firs ..."

Dack Thrombosis: "Did Bill Cosby rape some women using drugs to rend ..."

chavez the hugo: "71: bing was really a dick. ..."

Hadrian the Seventh: " [i]Another pseudo-hero of my youth gone down in ..."

Tanner Boyle: ""the Joan of Arc of rape" Oh FFS. ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64