Re: RE: Re: Re: Chavez?

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

Lou, what about the union?  What was its beef?
On Sun, Apr 14, 2002 at 01:33:45PM -0400, Max B. Sawicky wrote:
> Odds are that somewhere there is a WB or IMF study on the
> inadequacy, pre-Chavez, of the Venez oil enterprise.  Pity
> anyone who takes such concerns seriously, apart from political
> context.  -- mbs
>
>
> LP: . . . Actually, the conflict with the oil union arose over Chavez's
> determination to clean house at the state-owned company. He accused
> executives of owning luxurious chalets in the Venezuelan Andes and
> other excesses and has said the company's costs must be cut and its
> benefits spread to the 80 percent of Venezuelans who live in poverty.
>
> On April 7th the Washington Post reported that Chavez had installed a
> board of directors loyal to him and named a leftist economist, Gaston
> Parra, as president. Parra had criticized company policies for two
> decades. Company executives were outraged by the moves. Hundreds of
> managers demanded that the appointments be rescinded, arguing that
> Chavez's changes were based on politics rather than merit.
>

--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx