Chavez orders Hilton hotel purchase in Venezuela

[BuyingThyme]

Chavez orders Hilton hotel purchase in Venezuela
Hugo Chavez orders 'forced acquisition' of Hilton-run hotel on Venezuela resort island

By Jorge Rueda, Associated Press Writer
On 6:27 pm EDT, Tuesday October 13, 2009

Chavez issued a decree last week ordering the "forced acquisition" of the Margarita Hilton & Suites and its marina. The president's order was reported by Venezuelan media Tuesday, after being published in the Official Gazette on Friday.

The decree clears the way for Chavez's government to expropriate the hotel. It's unclear how much Venezuela will pay or how soon.

...

http://finance.yahoo.com/news/Chavez-orders-Hilton-hotel-apf-4186768242.html?x=0&.v=2

[Joanne98]

1. BWHAHAHAHA!

[enid602]

2. Santa Margarita

I went to a conference there on business once. Very spectacular.

[BeHereNow]

3. BWAHAHAHahaha #2

Crush the corporate rule Chavez!!!!
We loves ya for it!
BHN:toast:

[Vidar]

4. Just another reason to appreciate Hugo--someone who actually fights the corporatists.

[Name removed]

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[Name removed]

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[daedalus_dude]

7. Looks like he ain't gonna be spending no night in Paris...

[EFerrari]

8. But wait, there's more!

The Ven government has been the majority stockholder in this hotel since a banking crisis in 1995.

Damn the government for taking -- its own property. Thanks to rabs for following the stink of "let's just make shit up about Chavez" to the facts.

:rofl:

http://www.telesurtv.net/noticias/secciones/nota/59597-NN/mayoria-accionaria-de-hotel-margarita-hilton-pertenecia-al-estado-venezolano-desde-hace-14-anos/

[Greyhound]

9. Is illiteracy now a requirement to work in the field of "journalism"? n/t