Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Cleita

(75,480 posts)

18. That is the difference. Big international and American oil interests don't want Chavez

Reply to hack89 (Reply #17)

Fri May 4, 2012, 12:18 PM

May 2012

in power because they don't want the oil to benefit the common people, which is what Chavez wants. There are no big international utility interests that give much of a hoot about what Morales is doing in Bolivia. I'm keeping my fingers crossed that this remains so.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

18 replies

= new reply since forum marked as read

Highlight:

Bolivia says it's nationalizing electrical grid [View all] Judi Lynn May 2012 OP

There are both benefits and risks though with nationalizing which I do hope they have considered. cstanleytech May 2012 #1

They may actually be better off in the long run if they don't get loans from foreign governments. limpyhobbler May 2012 #2

+1 nt TBF May 2012 #5

Maybe, maybe not. If for example a disaster should happen be it earthquake or say a drought or cstanleytech May 2012 #10

They may be compensated zipplewrath May 2012 #8

Great idea. Now how long before the US press starts referring to Morales as "Bolivian strongman"? RufusTFirefly May 2012 #3

Good! Basic services utilities should not be in the hands of profiteers. Cleita May 2012 #4

Yes he has madokie May 2012 #6

Lets hope that Bolivia has the money and other resources to maintain and grow the system hack89 May 2012 #17

That is the difference. Big international and American oil interests don't want Chavez Cleita May 2012 #18

Latin America is setting the example....... marmar May 2012 #7

Is there a purchase price in situations like this? progress2k12nbynd May 2012 #9

There is almost no chance it will happen here or atleast not unless there was a major shift in the cstanleytech May 2012 #11

They negotiate compensation. Prometheus Bound May 2012 #12

Bolivian president puts electricity back in public's hands Judi Lynn May 2012 #13

When will we invade and occupy? Citizen Worker May 2012 #14

Bravo, Evo! His political party is called the Movement to Socialism. Comrade Grumpy May 2012 #15

Good for them!!! We could learn a lot from our neighbors to the south. nt nanabugg May 2012 #16