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[Marxism] Bloomberg: Chavez Courts `Oligarchs' He Once Spurned as Production Drops, Prices Jump



Chavez Pleads for Investment as Falling Output Fuels Inflation

By Daniel Cancel and Matthew Walter

July 18 (Bloomberg) -- Venezuelan President Hugo Chavez
<http://search.bloomberg.com/search?q=Hugo+Chavez&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>

wore a suit for the occasion, and, grinning at about 300 business
leaders he usually calls ``oligarchs,'' asked for help relieving a
drought in investment.

``Those of you who have money abroad, bring some home,'' he implored
company executives gathered June 11 at the former Caracas Hilton, a
hotel taken over by the government last year. ``Let's ally ourselves,
let's elevate production as much as we can,'' he said to scattered applause.

Full:

http://www.bloomberg.com/apps/news?pid=20601109&sid=a3lPdagjmVJw&refer=home


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