LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1   Report Post  
posted to rec.boats
Tim Tim is offline
external usenet poster
 
First recorded activity by BoatBanter: Nov 2006
Posts: 19,107
Default Chavez needs some new friends.

http://abcnews.go.com/Business/Econo...6589473&page=1

Looks like due to low oil prices, Chavez is going to quit giving away
discount heating oil to low income people ,then after a couple days he
keeps the program running.



CUT 'N PASTE:

"He's just running out of money," said Mark Falcoff, a Latin America
expert at the American Enterprise Institute, a conservative Washington
think tank. "He needs that money to buy friends in Latin America as
part of his attempt to expand his influence. But as we Americans know
better than anybody, you can't really buy friends, you can only rent
them." ...

"Obviously, he's a lot more magnanimous when oil prices are at $100 a
barrel than when it is at $40 a barrel," said Phil Flynn, a vice
president and analyst with Alaron Trading. "Chavez's entire reign and
popularity really has been built upon high oil prices and his using of
the country's oil profits to further his political agenda."

END CUT 'N PASTE
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Obama, Chavez and Iran wf3h General 21 September 4th 08 02:22 PM
Obama, Chavez and Iran Raymond O'Hara General 4 September 3rd 08 02:53 PM
Buy Citgo gas and pay Chavez JimH General 56 September 28th 06 04:59 PM
Chavez Offers Cheap Gas to Poor Americans NOYB General 82 August 26th 05 04:14 PM


All times are GMT +1. The time now is 01:37 PM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 BoatBanter.com.
The comments are property of their posters.
 

About Us

"It's about Boats"

 

Copyright © 2017