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Headlines : InternationalMorales to Nationalize Bolivia Oil, Gas
President-Elect Evo Morales of Bolivia reiterates his commitment to nationalization of oil and natural gas. He has yet to lay out how exactly he plans to do this, and it is worth noting that he didn’t even add this to his program until the masses demanded it in the streets. Furthermore, he won’t be confiscating refineries or infrastructure owned by multinational corporations. But even still, he aims to pose a major threat to the capitalists of the world; both for his challenge to their domination of the world’s markets and as an example to other exploited people.
[Posted By ShadowUnit]Republished from Seattle Post-Intelligencer
LA PAZ, Bolivia — The winner of Bolivia’s presidential elections has repeated his vow to nationalize oil and gas and said he will void at least some contracts held by foreign companies “looting” the poor Andean nation’s natural resources.
Indian coca farmer Evo Morales said he will not confiscate refineries or infrastructure owned by multinational corporations. Instead, his government would renegotiate contracts so that the companies are partners, but not owners, in developing Bolivia’s resources, he said.
“We will nationalize (Bolivia’s) natural resources,” Morales said at a news conference Tuesday in La Paz.
“Many of these contracts signed by various governments are illegal and unconstitutional. It is not possible that our natural resources continue to be looted, exploited illegally, and as the lawyers say, these contracts are legally void and must be adjusted,” Morales said.
Bolivia’s proven and potential reserves total 48.7 trillion cubic feet of natural gas, second only to Venezuela in South America, according to the U.S. Department of Energy’s Energy Information Administration.
Morales said his government would open talks with governments and company executives, working to strengthen relations with state oil companies.
He has close relations with Venezuela President Hugo Chavez, who is also trying to change the role of foreign oil companies…
Posted by ShadowUnit
*Algeria* http://membres.lycos.fr/pstdz/ *Argentina* www.pts.org.ar/ www.mas.org.ar/ *Australia* http://www.sep.org.au/ www.greenleft.org.au/ *Belgium* www.sap-pos.org/ *Brazil* www.psol.org.br/ www.democraciasocialista.org.br/ds/ ...
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Here’s another guy who shouldn’t ride in any small planes.
yeah and we all know that nationalizing oil and gas means painting a giant red bulls-eye on one’s forehead. let’s hope he pulls this off without incurring the wrath of the forces that represent and protect the interests of trans-national corporations. we put the Shah (a corporate whore) in power in Iran after they nationalized their oil.
The majorist major threat to the capitalists are the capitalists themselves. How long did they really think they were going to get away with that IMF scam?
AP is Lockheed Martin’s mouthpiece so of course they wouldn’t quote Morales saying, as he did,
“I hope xenophobia will be extinguished,”
“We only want to live well…The poor don’t want to be rich, they just want equality.”
“all honest people can join us, including businessmen who want to work for the country.”
Source : Upsidedownworld
who owns AP?
I don’t think anyone owns the AP.
Or its owned by its respective members.
I dont really know how it works.
The AP is a cooperative owned by its contributing newspapers and broadcast stations in the United States, who both contribute stories to it and use material written by its staffers. Many newspapers and broadcasters outside the United States are AP subscribers — that is, they pay a fee to use AP material but are not members of the cooperative.
Bolivia’s new leader vows to control coca production
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Washington Post
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Coca-Cola
Dun & Bradstreet
Gillette
G.E. Investments
J.P. Morgan
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Adobe Systems
Echelon
H&R Block
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Starwood Hotels
The Tribune (Chicago & LA Times)
3M
Allstate
Caterpillar
Conoco Phillips
Kraft
McDonalds
Pepsi
Quaker Oats
Shering Plough
Wells Fargo
News Corp (Fox)
British Airways
Rothschild Investments
GE (NBC)
Anheuser-Busch
Avon
Bechtel
Chevron/Texaco
Coca-Cola
Dell
GM
Home Depot
Kellogg
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Microsoft
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Disney (ABC)
Boeing
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Citigroup
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