Quote from Hydroblunt:
Yeah right, you're crazy. That will NEVER happen. Outsource upper exec management? They won't even allow fair competition from this country for these jobs, forget outsourcing. How else do you think CEOs get hired at a new company after running one into the ground?
Being that Chavez is on USA's sh*t list and has been seeing a lot of multinational corporate involvement, he is just setting up a defensive structure. Putin did the same, if you want any true control over you nation, you have to control the nations major resources and important infrastructure. I would have done the same thing.
A defensive move, nothing more. These guys see what's going on in the world.
The problem is Chavez will not stop at oil and telecom. He will go much farther than that, he is a megalomaniac. He is aready taking on more power to legislate by decree, bypassing the national assembly. then look for him to beat down the opposition parties. He'll send his goons to break up opposition rallies, rough up opposition candidates, and kill one or two if needs be. Private media will be threatened or closed down if they criticize his government. Smart Venezuelans are already fleeing to Miami. Those with big cash to move out of Venezuela will soon find that they are restricted in the amount of U.S.$ and euro they can buy to take out of the country.
New investment will dry up down there, unemployment will go up, and the people will begin to doubt him. Chavez will become more repressive, paronoid, and steal public funds to stash overseas in the event that he has to flee into exile one day. He is safe for now. The oil money is buying him love amongst the poor.