| − | In typical socialist rhetoric, Chavez makes wild claims to fund the government by nationalizing foreign assets. Typical reasons include accusing companies of environmental damage and exploiting its workers. In 2010 alone, Chavez seized 195 companies. <ref>[http://english.eluniversal.com/2010/10/20/en_eco_art_a-total-of-195-busin_20A4631291.shtml A total of 195 businesses has been seized in 2010, El Universal, October 20, 2010]</ref> Spanish-owned farm supply and U.S.-based Ohio bottle company were recently taken over. Other recognized multi-national companies such ExxonMobil, steel maker Sidor, cement company CEMEX fell to the same fate. <ref>[http://wellsy.wordpress.com/2010/10/26/chavez-takes-over-venezuelan-plants-of-oh-company/ Chavez takes over Venezuelan plants of OH company, Wellsy's World, October 26, 2010]</ref> Venezuala is supposed to compensate the companies but know one expects Chavez to provide other than peanuts for assets he steals. | + | In typical socialist rhetoric, Chavez makes wild claims to fund the government by nationalizing foreign assets. Typical reasons include accusing companies of environmental damage and exploiting its workers. In 2010 alone, Chavez seized 195 companies. <ref>[http://english.eluniversal.com/2010/10/20/en_eco_art_a-total-of-195-busin_20A4631291.shtml A total of 195 businesses has been seized in 2010, El Universal, October 20, 2010]</ref> Spanish-owned farm supply and U.S.-based Ohio bottle company were recently taken over. Other recognized multi-national companies such ExxonMobil, steel maker Sidor, cement company CEMEX fell to the same fate. <ref>[http://wellsy.wordpress.com/2010/10/26/chavez-takes-over-venezuelan-plants-of-oh-company/ Chavez takes over Venezuelan plants of OH company, Wellsy's World, October 26, 2010]</ref> Venezuala is supposed to compensate the companies but nobody expects Chavez to provide other than peanuts for assets he steals. |