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Old 17th Apr 2012, 15:29
  #821 (permalink)  
Lonewolf_50
 
Join Date: Aug 2009
Location: Texas
Age: 64
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From an article I read on this Nationalization deal:

Fernandez said the government would ask Congress, which she controls, to approve a bill to expropriate a controlling 51 percent stake in the company by seizing shares held exclusively by Repsol, saying energy was a "vital resource."

"If this [the YPF's] policy continues -- draining fields dry, no exploration and practically no investment -- the country will end up having no viable future, not because of a lack of resources but because of business policies," she said.
{snip: the right wing press took a few shots at the Kirchner dame ...}

On the left, El Periodico spoke of "The New Evita", pointing out that Fernandez had announced the nationalization in a room decorated with a portrait of Eva Peron, the actress who was married to a president and revered by many Argentineans for her populist politics.
How has nationalization of the industries been working out for Hugo, lately?

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