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An act of defiance

  

Category:  Op/Ed

By:  vic-eldred  •  11 months ago  •  7 comments

An act of defiance
“American sweat, ingenuity and toil created the oil industry in Venezuela,” he wrote. “Its tyrannical expropriation was the largest recorded theft of American wealth and property. These pillaged assets were then used to fund terrorism and flood our streets with killers, mercenaries and drugs.”

Link to quote: Trump ties call for 'blockade' to seized US oil assets | AP News


Yesterday one of our leading Trump haters posted a statement that Trump made concerning Venezuela. I kind of disregarded it since I never go deep into a lot of the emotional statements that Trump sometimes makes. Here is what the member said:

  "Trump says we are going to blockade /and or/ attack Venezuela to get our stolen land and oil back.  So what land and what oil?"


At the time I didn't bother to even think about what the President was referring to. However, this morning, the most unlikely of sources laid it all out. According to the New York Times , Venezuela nationalized its oil industry in 1976 when foreign companies accounted for 70 percent of production there. American drillers like Exxon, Mobil and Gulf Oil were major players. In other words, Trump considers the nationalization of what US companies found, extracted and produced the equivalent of theft.

The facts are these:

"U.S. oil companies dominated  Venezuela’s petroleum industry  until the country’s leaders moved to nationalize the sector, first in the 1970s and again in the 21st century under Maduro and his predecessor, Hugo Chávez. Compensation offered by Venezuela was deemed insufficient, and in 2014 an international arbitration panel ordered the country’s socialist government to pay $1.6 billion to ExxonMobil."

Trump ties call for 'blockade' to seized US oil assets | AP News


Yesterday in a defiant gesture, Venezuela's dictator announced that the Venezuelan military would escort its oil tankers. That will make a wonderful target for the US Navy. I'm all for it. Let's get this over with. Blockade all sanctioned oil tankers coming and going from Venezuela, remove Maduro, and allow US oil producers to take back what is theirs.


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Vic Eldred
Professor Principal
1  author  Vic Eldred    11 months ago

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“We’re not going to be letting anybody going through who shouldn’t be going through,” Trump told reporters. “You remember they took all of our energy rights. They took all of our oil not that long ago. And we want it back. They took it — they illegally took it.”

Trump ties call for 'blockade' to seized US oil assets | AP News

 
 
 
JohnRussell
Professor Principal
2  JohnRussell    11 months ago

Does the land, and the oil under the land , in Venezuela belong to the Venezuelan people or Exxon, Mobil, and Trump ? 

 
 
 
Trout Giggles
Professor Principal
3.1  Trout Giggles  replied to  JohnRussell @3    11 months ago

But it's ok if Saudi does it

 
 
 
Nerm_L
Professor Expert
4  Nerm_L    11 months ago

Exxon Mobile is a corrupt multi-national corporation who has sold out the US for fiat nickels on a number of occasions.  Exxon Mobile is not a 'good guy'.  Trump fighting Venezuela on behalf of Exxon Mobile does not put America First.  This is a strong argument to walk away from Trump and his TEA Party Republicans.

Exxon Mobile serves Wall Street and doesn't care about Main Street.  Wall Street is a pawn of the Federal Reserve.  The Fed will destroy the economy to preserve stock value.  This is the private sector swamp that Trump promised to drain.  Protecting multinational banks, investment banks, and stock trading middlemen is not America First.  This is a strong argument to walk away from Trump and his TEA Party Republicans.

Trump has already signaled he has given up on America.  Trump claims our money is so worthless that the government should not produce currency any longer.  Trump is converting worthless American cash into gold trinkets, marble, and real estate because Trump has given up on America.  That is not America First.  Every time we see Trump's gold in the background that is a strong argument to walk away from Trump and his TEA Party Republicans.

 
 
 
Trout Giggles
Professor Principal
4.1  Trout Giggles  replied to  Nerm_L @4    11 months ago

I don't think that's real gold in the background

 
 
 
Tacos!
Professor Guide
5  Tacos!    11 months ago

Once again, people making 5 figures a year go to bat for billionaires and their corporations.

 
 

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