Wednesday, October 14, 2009

He liked it so much he expropriated the company!

Remember the old ad for electric razors, where the geezer exclaims, "I liked it so much I bought the company"?

Well something similar just happened in Venezuela. Hugo Chavez attended the Africa- South America conference on Margarita Island (where Mrs. Angus and I honeymooned) and apparently had a great time at the conference hotel, because he has decided to have his government expropriate it!!

I am not making this up. Here is coverage in Spanish from Argentina and here from the Associated Press.

Here is a tidbit from the AP story:

"Chavez issued a decree last week ordering the "forced acquisition" of the Margarita Hilton & Suites and its marina. The president's order was reported by Venezuelan media Tuesday, after being published in the Official Gazette on Friday.

The decree clears the way for Chavez's government to expropriate the hotel. It's unclear how much Venezuela will pay or how soon.

Chavez last month hosted a summit at the hotel with leaders including Libya's Moammar Gadhafi, and suggested the hotel could become the headquarters of a new bloc of African and South American nations."

God I love South America. Anything can happen there.


SB7 said...

I'm going to have to side with Tom Robbins and his character Switters, who curse South America for being "too goddamned vivid" because anything can happen there.

codeandculture said...

funny in contrast to the last episode of Mad Men, Connie Hilton was talking about how he saw building overseas hotels as a way to spread American values