Ironic that as I write this waiting for Chavista hoodlums to
take over Cemex pants, I also read that none other than Hugo Chavez complained
tonight to his Minister of land and perennial Cabinet member Elias Jaua to
please start pressing on with his Land Bill because in the autocrats words
“Elias I want to see results because I have yet to see a single one”
Which coincides with what we have not seen, except that the
Land Bill was not passed as part of the package of Bills two and half weeks
ago, but was actually approved seven years ago and in the words of the man who
created it and sold it as the best thing since warm water was invented. But
like most things in his failed revolution, seven years later not even the
autocrat can see a single result from that Bill.
In fact, if he was a little bit critical he would realize
that the Bill has been a negative for Venezuela, destroying productive lands
and leaving in shambles formerly productive farms.
But tonight, the National Guard and a bunch of Chavez’ red
guards await outside a perfectly run cement plan to take it over so that
another folly by the quasi-Dictator can be executed. And soon it will become
another failure, but maybe seven years from now, he will ask whatever happened
to the cement companies we took over, there is no cement.
And Chavez’ own personal biased could be seen today as his
Government reached agreements with Lafarge and Holderbank but not with Cemex,
as the Government made goof offers to the first two, but a pitiful one to
Cemex, his final revenge against the Mexicans he hates so much. Maybe he tried
to join the mariachis when he was young but was rejected. That seems to be the
hallmark of his life.
And thus today we have an expropriation and a blatant
violation of the Capital Markets Law, but we have not heard anything from the
President of the Stock Market, or the President of the Comisión Nacional de
Valores or from any politicians, they are probably doing more important things,
as property rights and freedom are dramatically subverted by Hugo Chavez.
Thus, another tragic event in the destruction of Venezuela took
place today. Who is next you may wonder? Will it be the food division of Polar?
Will it be another Spanish Bank? Just think, after all of those giants are
taken over, Chavez may go after your property. What will you say then?

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