Once the Government of Venezuela takes the bull by the horns

Chavez' 21st century socialist system would have government majority but can be partnered with international companies ... creating jobs, security and to prevent the plethora of of manipulations already seen throughout the world markets. It could/should be seen as a project development of gold, that is owned, controlled and regulated by the government but with the cooperation of international companies.

This type of system could open company doors wide to those who are willing to follow the socialist 'empresa mixta' (mixed enterprise) model and easily open the door for further contracts and/or mining partnerships. It's a system that could be implemented in every industry throughout Venezuela ... a system where both the government and private companies can survive ... together.

• A misconception throughout the world is that of oil or mining companies owning a country's resources ... this is simply not true anywhere.

Look at the latest statement by Barack Obama during this last presidential debate: Key statement on the future of America, mentioned when Obama stated that oil companies would be forced to drill their land or LOSE IT!

Yet another example for the current 'Socialist' views of George W. Bush's USA government is that concessions of resources can be revoked -- at any time -- by governments in almost every country, if not all. The world is indeed changing.

The 'Risk and Rewards' are well known, and it's up to each investor to take advantage of each change.

Until when there is no corruption in the world, there'll be no prosperity for ALL mankind. Tougher times require tougher methods of saving for the future ... but corruption by greedy CEO's and market manipulators certainly make it impossible for the normal Joe Public to get ahead honestly!

Todd MacSween
emilytodd@netzero.net

 

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