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Venezuela Coming Apart LostViking Manmade and Natural Disasters 603 Today 12:27 AM

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Old 04-20-2017, 07:56 PM
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Old 04-20-2017, 08:25 PM
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I like it when US companies get burned by foreign countries . If they would have stayed in the US and employed Americans it wouldnt happen.
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Old 04-20-2017, 08:32 PM
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I like it when US companies get burned by foreign countries . If they would have stayed in the US and employed Americans it wouldnt happen.
Are you sure they weren't just making cars for Venezuela in that factory?

Or for other South American countries?

According to what I read, both GM and Ford have been LOSING money on their operations in South America. I think they stayed in it as a write off, and to keep the other makers from getting complete control of the market.

I have yet to see a car or a part with "Made in Venezuela" on it.
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Old 04-20-2017, 08:40 PM
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ah! I see the swirls circling the drain are getting faster!

That means the shooting is coming closer.
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Old 04-20-2017, 09:47 PM
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I like it when US companies get burned by foreign countries . If they would have stayed in the US and employed Americans it wouldnt happen.
And if American's hadn't made themselves unemployable, they probably would have.
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Old 04-20-2017, 09:53 PM
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There is a SB user "Greg5791" that has been documenting his experience of the whole crisis in Venezuela. IMO the testament while still there is something everyone should study.

GM is just the tip of the iceberg. We only hear about it on US news cause it was a US company. LOTS of others shady stuff going on over there now...

Do a SB search of "Venezuela Coming Apart".
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Old 04-20-2017, 10:06 PM
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I like it when US companies get burned by foreign countries . If they would have stayed in the US and employed Americans it wouldnt happen.
Then they could have gotten burned by OUR bad policies, not VENEZUELA'S bad policies.
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Old 04-20-2017, 10:50 PM
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Quote:
Originally Posted by JLW1974 View Post
There is a SB user "Greg5791" that has been documenting his experience of the whole crisis in Venezuela. IMO the testament while still there is something everyone should study.

GM is just the tip of the iceberg. We only hear about it on US news cause it was a US company. LOTS of others shady stuff going on over there now...

Do a SB search of "Venezuela Coming Apart".
Thread is at the top of the page under similar threads.
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Old 04-21-2017, 02:26 AM
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And if American's hadn't made themselves unemployable, they probably would have.
Correction ; Unions made Americans unemployable
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Old 04-21-2017, 03:03 AM
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When I clicked on that link and it came up my mind must have been working OT as the picture I saw was Bernie Sanders... Then it switched to Maduro
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Old 04-21-2017, 03:31 PM
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If I am not mistake Venezuela took over Marathon Oil years ago.
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Old 04-21-2017, 04:10 PM
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What the difference between this group of socialist seizing the GM plant, and Obama seizing the entire corporation, and giving it to the UAW.

Basically, Socialist steal.
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Old 04-21-2017, 06:44 PM
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Feel the Bern........
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Old 04-21-2017, 07:03 PM
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Quote:
Originally Posted by JLW1974 View Post
There is a SB user "Greg5791" that has been documenting his experience of the whole crisis in Venezuela. IMO the testament while still there is something everyone should study.

GM is just the tip of the iceberg. We only hear about it on US news cause it was a US company. LOTS of others shady stuff going on over there now...

Do a SB search of "Venezuela Coming Apart".
It's in the Manmade and Natural Disasters forum. Always near the top. Easy to find.
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Old 04-21-2017, 07:11 PM
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If I am not mistake Venezuela took over Marathon Oil years ago.
Almost
Valero ( the Venezuelan national oil company ) became "Marathon". When there was talk in the states of boycotting Valero to protest Chavez.
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Old 04-21-2017, 09:18 PM
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Looks like they're Government Motors again.
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Old 04-22-2017, 03:56 AM
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Information is hard to come by, but here is what I'm finding. The GM plant at Valencia made cars for domestic consumption only. It seems that most GM models sold to the rest of South America are constructed in Brazil or Columbia.

The Valencia plant has been struggling since 2008. The big problem is paying debts to suppliers. Their production in 2009 was under 50,000 units; their target was 120,000.

The fact the factory was seized isn't much of a story, in my opinion. The writing has been on the wall. I think it's more interesting what Maduro got with this seizure. It's a factory that is sort of raw materials and complex equipment that I doubt they can repair.

So...if they stole a broken factory, then what does that say about the big picture? To me, it's a sign of desperation. This was done for the headlines. It's a distraction for a segment of the population in Venezuela that liked when Chavez did this sort of thing.

In reality, if the factory sits idle, they don't lose anything. These are civilian vehicles; if they were producing military equipment, then it would be a different story. Contrast what happened with GM against GoodYear. GoodYear hasn't been seized (yet) and they are still making tires. Why? Because a government vehicle is worthless if it doesn't have tires.

If GoodYear is seized, then I think things will come to a head. Speculation: 60/40 it becomes a civil war after the army chain of command fractures. It could also turn into a military coup. Maduro doesn't seem the type to surrender.
Old 04-22-2017, 09:10 AM
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Quote:
Originally Posted by Woodswalker View Post
Correction ; Unions made Americans unemployable
Let's be fair about that statement.

Corrupt, apathetic, and greedy employers are the reason why labor unions were provided as large of foothold as they had.

Then corrupt, apathetic, and greedy labor unions, with their complicit, corrupt, greedy, apathetic lawmakers, made Americans unemployable.
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Old 04-22-2017, 09:45 AM
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Quote:
Originally Posted by JKH View Post
Looks like they're Government Motors again.
Beat me to it...
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Old 04-22-2017, 10:34 AM
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Quote:
Originally Posted by Mr. Sockpuppet View Post
Let's be fair about that statement.

Corrupt, apathetic, and greedy employers are the reason why labor unions were provided as large of foothold as they had.
Pre internet/communication/ability to search for other jobs.


Unions day is past.


FAR in the past!
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