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exxonYou may file this under: It's about time.

I've been patiently waiting for something to be done regarding the seizure of Venezuelan oil infrastructure by communist dictator Hugo Chavez. It appears that time has come, with the help of Exxon Mobil Corp. (NYSE: XOM). As reported by Reuters, approximately $12 billion in Venezuelan assets have been frozen. It's just too bad that John F. Kennedy isn't still around. He'd have already parked an armada of gunboats a mile off the sunny shores of Venezuela. There's a limit to the amount of guff we should take from an out-of-control communist dictator.

Continue reading Exxon puts the smack-down on Hugo Chavez: Court freezes Venezuelan assets

Exxon puts the smack-down on Hugo Chavez: Court freezes Venezuelan assets originally appeared on BloggingStocks on Sat, 09 Feb 2008 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Amy Meyers Jaffeasset freezeCerro NegroCerro-Negrocommunist dictatorConocoPhillipsCOPExxonfeaturedHugo ChavezHugo-ChavezPDVSAStephen ZamoraVenezuelaVenezuelan oilXOMSat, 09 Feb 2008 12:40:00 EST