All recent expropriations and nationalizations are simply unconstitutional

August 20, 2008

Just a reminder in the face of the wave of nationalizations
and confiscations:

Art 115.
of the Venezuelan Constitution
:

Artículo 115. Se garantiza el derecho de propiedad. Toda
persona tiene derecho al uso, goce, disfrute y disposición de sus bienes. La
propiedad estará sometida a las condiciones, restricciones y obligaciones que
establezca la ley con fines de utilidad pública o de interés general. Sólo por
causa de utilidad pública o interés social, mediante sentencia firme y pago
oportuno de justa indemnización, podrá ser declarada la expropiación de
cualquier clase de bienes.

Art. 115. The right to property is guaranteed. All person have the
right to the use, possession, enjoyment and disposition of its goods. Property
will only be the subject to the conditions of restriction and obligations that
the law establishes with the public good or general interest as its end . Only
die to the public good or social interest, via a firm sentence and opportune payment
of just indemnization, can the expropriation of any type of good be declared.

Can it be any clearer than that? Each and everyone of the
steps in the nationalization and expropriation of Sidor, Cemex, Fabrica
Nacional de Cementos and Cementos Caribe are simply illegal.

Apparently, many people don’t want to defend their rights.

Leave a comment