On 8/18/06, Gruss Gott <[EMAIL PROTECTED]> wrote:
>
> Look at Welfare, it basically proved it: gov't handouts encourage more
> gov't handouts.  And government doesn't earn money - they can only
> take it from people that do.
>
> So back to the pensions, Chavez will take the company, bankrupt it,
> prop it up with oil money and move on.  This will continue until there
> is no longer enough money to prop everything up, and then the collapse
> will come.


It's usually done either with good intentions (welfare), or with good
intentions used as a smoke screen (all of Chavez' programs). It works too.

Should the company have to pay pensions? Sure. And hey, in order to ensure
that happens, the government is going to take control of the company....no
big deal right?

This smokescreen works too.....just check out Gel's post.

In America we call that ENRON.  The difference here is that A.) Nobody
> has to work for ENRON, there are millions of other options.  B.)
> Nobody has to invest in ENRON, there are millions of other options.


How about California's government controlled electrical grid? That's a
wonderful example of how well government controls on private industry work.

What were some of those So Cal electrical bills we saw in that thread? $400?
$600? Those periodic rolling blackouts that seem to only plague Cali must be
fun too.


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