View Single Post
Old 07-11-2016, 20:06   #28
Pete
Quiet Professional
 
Pete's Avatar
 
Join Date: Feb 2005
Location: Fayetteville
Posts: 13,080
Venezuela Seizes Local Kimberly-Clark Factory

Venezuela Seizes Local Kimberly-Clark Factory

http://www.zerohedge.com/news/2016-0...-clark-factory

".....Labor Minister Owaldo Vera said Monday that the socialist government took the action at the request of the 971 workers at the factory that the company decided to shutter. The seizure follows a similar takeover from 2014 when Clorox announced it was closing its doors.

"Kimberly-Clark will continue producing for all of the Venezuelans," Vera said in a televised statement from the factory surrounded by workers chanting pro-government slogans. That statement was not exactly true: former workers of the company would continue producing under the observation of government management. We doubt this "forced restructring" will survive more than a few months...."

"...workers chanting pro-government slogans...." You just can't fix stupid.
Pete is offline   Reply With Quote