Chavez orders nationalization of Cargill

[Grinchie]

Source: CNN.com

CNN) -- Venezuelan President Hugo Chavez said Wednesday he had ordered the nationalization of at least some of the operations of the U.S.-based food giant Cargill and threatened to do the same with the Caracas-based food maker Polar.

Cargill, which is privately owned, has been doing business since 1986 in Venezuela, where its operations include oilseed processing, grain and oilseeds trading, animal feed, salt, and financial and risk management.

It has 2,000 employees in 22 locations in Venezuela, according to its Web site.



Read more: http://www.cnn.com/2009/WORLD/americas/03/04/venezuela.cargill/index.html?eref=rss_topstories

---

Bam!
Take that International Fruit! er, I mean Cargill! I'm kind of surprised that their is no High Fructose Corn Syrup (HFCS) involved as well, but I guess Sugar cane is just too plentiful in Venezuela. Plus they don't subsidize GMO Corn so much down there.

Hate to say it, but I fully agree with this, as the horrors of Agri-Business are only now leaking out. If I were Chavez I'd throw the bums out. If I were Obama, I would investigate them, provided videos on the web that show how our food is manufactured, and actually remove any veil of secrecy these companies use to hide their processes from public scrutiny.