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Breaking News: GM Plant in Venezuala Overthrown By Military...Assets Seized.

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Old 04-20-2017, 06:31 AM   #1
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Default Breaking News: GM Plant in Venezuela Overthrown By Military...Assets Seized.



http://money.cnn.com/2017/04/20/news....html?adkey=bn

GM says Venezuela has seized its car plant
by Alanna Petroff @AlannaPetroff
April 20, 2017: 4:59 AM ET

General Motors says it will immediately halt operations in Venezuela after its plant in the country was unexpectedly seized by authorities.
GM (GM) described the takeover as an "illegal judicial seizure of its assets."

The automaker said the seizure showed a "total disregard" of its legal rights. It said that authorities had removed assets including cars from company facilities.

"[GM] strongly rejects the arbitrary measures taken by the authorities and will vigorously take all legal actions, within and outside of Venezuela, to defend its rights," it said in a statement.

GM's subsidiary in the country -- General Motors Venezolana -- has operated in Venezuela for nearly 70 years.

It employs nearly 2,700 workers and has 79 dealers in the country. GM said it would make "separation payments" to its workers.

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Last edited by Tennis & Golf Nut; 04-20-2017 at 07:17 AM.
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Old 04-20-2017, 06:44 AM   #2
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I'm surprised they were still operating there! What were they waiting for? The sky to fall?
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Old 04-20-2017, 06:52 AM   #3
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Quote:
Originally Posted by Tinkerbell_in_Texas View Post
I'm surprised they were still operating there! What were they waiting for? The sky to fall?
Lots of Irons in the Fire for Trump:

North Korea

China/Trade

Iran

Syria/***ad

Russia

O'Bamacare

Taxes

Infrastructure

Immigration/Wall

Chicago Gangs

Social Security

Schumer & Pelosi Conspiring to take down POTUS

Liberal Jagoffs not giving Trump one day to Fix what O'Bama screwed up for 8 F'n years.

At this point, it's starting to feel like a "Lame Duck" session. Congratulations Libtards at destroying this country.

And for all this, he takes No Salary and Half the ***** in this country don't appreciate what he's doing.

Last edited by Tennis & Golf Nut; 04-20-2017 at 06:56 AM.
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Old 04-20-2017, 06:54 AM   #4
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Liberal fascists are heard shouting: work will set you free....
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Old 04-20-2017, 06:58 AM   #5
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I wonder if those 'assets' were originally acquired with AMERICAN tax payer money from the bailout????????????
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Old 04-20-2017, 07:02 AM   #6
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I wonder if those 'assets' were originally acquired with AMERICAN tax payer money from the bailout????????????
No, those GM assets were bankrupted...these are gM assets stolen from their owners by Obama....
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Old 04-20-2017, 07:09 AM   #7
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No, those GM assets were bankrupted...these are gM assets stolen from their owners by Obama....
Thanks O'Bama.

Seems like the Whole World is a Ticking Timebomb just waiting for something to happen.

All we need now is Russia or North Korea to stir the pot.

Trump walked into a Shitstorm from Day 1.
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Old 04-20-2017, 07:27 AM   #8
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Liberalism at it's finest.

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Old 04-20-2017, 08:03 AM   #9
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Keep building those plants in Mexico and further south you morons.

Thanks Venezuela, you may have saved more American jobs than Trump could have.
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Old 04-20-2017, 08:03 AM   #10
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China will do it to GM and any other company when it is ready to seize companies. Ask Ford how Russia treated them and the American workers in 1937-38. Many Ford American workers never made it home. They were arrested, imprisoned or executed. Some how I do not feel sorry for this happening. Past history has proved what socialist and communist countries will do to their businesses.
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Old 04-20-2017, 08:11 AM   #11
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Stop any Venezuelan trade into the USA and its allies for unfair seizure of GM assets...
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Old 04-20-2017, 08:38 AM   #12
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Serves you right for building crap in the 3rd world dictatorship hell hole.
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Old 04-20-2017, 08:40 AM   #13
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Originally Posted by Tennis & Golf Nut View Post
Seems like the Whole World is a Ticking Timebomb just waiting for something to happen.
Always been that way.
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Old 04-20-2017, 08:47 AM   #14
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Socialism works... we just need the Dems to fine tune it. Then ALL the world will be happy.

The seas will fall, MMGW will cease to exist, homelessness will disappear, harmony will rule the world. Well, harmony with a big ******* club.
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Old 04-20-2017, 08:47 AM   #15
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Quote:
Originally Posted by Tennis & Golf Nut View Post
Lots of Irons in the Fire for Trump:

North Korea

China/Trade

Iran

Syria/***ad

Russia

O'Bamacare

Taxes

Infrastructure

Immigration/Wall

Chicago Gangs

Social Security

Schumer & Pelosi Conspiring to take down POTUS

Liberal Jagoffs not giving Trump one day to Fix what O'Bama screwed up for 8 F'n years.

At this point, it's starting to feel like a "Lame Duck" session. Congratulations Libtards at destroying this country.

And for all this, he takes No Salary and Half the ***** in this country don't appreciate what he's doing.
Trump is of noble character such a role model (really?)

Its been months Trump hasnt done anything yet still waiting for the sweeping change.

Taxes and Obabamacare everything else is meh
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Old 04-20-2017, 08:47 AM   #16
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Quote:
Originally Posted by Tennis & Golf Nut View Post
Lots of Irons in the Fire for Trump:

North Korea

China/Trade

Iran

Syria/***ad

Russia

O'Bamacare

Taxes

Infrastructure

Immigration/Wall

Chicago Gangs

Social Security

Schumer & Pelosi Conspiring to take down POTUS

Liberal Jagoffs not giving Trump one day to Fix what O'Bama screwed up for 8 F'n years.

At this point, it's starting to feel like a "Lame Duck" session. Congratulations Libtards at destroying this country.

And for all this, he takes No Salary and Half the ***** in this country don't appreciate what he's doing.

thank obama, clinton & kerry
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Old 04-20-2017, 09:04 AM   #17
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They are "Feeling the Bern".
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Old 04-20-2017, 09:13 AM   #18
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One of the few areas where I am still FOR military intervention.

An American business was attacked and robbed by a hostile state actor. The U.S. military should treat that state actor the same way Jefferson and Jackson treated thieving pirates.

The American businesses stolen property should be recovered with force, and any and all resistance should be dealt with violently.
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Old 04-20-2017, 09:17 AM   #19
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I don't feel a bit badly for GM. They could have built that plant in the U.S., where it's a lot tougher for the anti-American liberals to just take something like that, and put AMERICANS to work. They took a calculated risk, and it went bust for them. Too bad, so sad, but I'm not going to break out my microscope to find my violin of sorrow to play for them.

No, the lesson to be learned here is to reject anything the anti-American liberals want to do, because that scenario is what they ultimately wish for the U.S. They are the domestic enemy of freedom, and the oppression of citizens and seizure of private property by government is their wet dream. Problem is, not enough of our people are smart enough to see it.
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Old 04-20-2017, 09:18 AM   #20
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OK, now it's our turn.
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