Communist dictator Hugo Chavez has has stolen eleven oil rigs owned by the American company Helmerich and Payne. As Reuters points out, Chavez has now nationalized oil, telecommunications (including news), power, steel, and banking. If you’re keeping score, Chavez leads Obama 5-3, as Obama so far has managed to seize only banking, automotive, and healthcare. But Obama has vowed a comeback. Over the weekend, I had the pleasure of cutting and splitting some oak and
The Obama administration has no intention of relinquishing dictatorial control of the banks according to financial expert Stuart Varney. The government wants to control the banks, just as it now controls GM and Chrysler, and will surely control the health industry in the not-too-distant future. Keeping them TARP-stuffed is the key to control. And for this intensely political president, mere influence is not enough. The White House wants to tell ‘em what to do. Control.