Hugo Chavez.....$3 million to the Boogie Down!!!!!

[Fletch]

http://optonline.net/mediaplayer/launcher?playerSide=vod&assetUid=123456789&assetUrl=http://news12.cv.net/video/BB0806GT.wmv&assetDesc=BX set to get $3M in grants from Venezuela

[BrazenMuse]

http://optonline.net/mediaplayer/launcher?playerSide=vod&assetUid=123456789&assetUrl=http://news12.cv.net/video/BB0806GT.wmv&assetDesc=BX set to get $3M in grants from Venezuela
I'm not an optonline customer...can't see it.


Found this, however:

You’d think George Bush would get down on his knees and kiss Hugo Chavez’s behind. Not only has Chavez delivered cheap oil to the Bronx and other poor communities in the United States. And not only did he offer to bring aid to the victims of Katrina. In my interview with the president of Venezuela on March 28, he made Bush the following astonishing offer: Chavez would drop the price of oil to $50 a barrel, “not too high, a fair price,” he said — a third less than the $75 a barrel for oil recently posted on the spot market. That would bring down the price at the pump by about a buck, from $3 to $2 a gallon.
But our President has basically told Chavez to take his cheaper oil and stick it up his pipeline. Before I explain why Bush has done so, let me explain why Chavez has the power to pull it off — and the method in the seeming madness of his “take-my-oil-please!” deal.
from http://www.gregpalast.com/hugo-chavez-an-exclusive-interview-with-greg-palast/


but this stuff seems not to be recent...

[Fletch]

I'm not an optonline customer...can't see it.
Oops!
Gotta use this press release, then! No other site other than Optonline has posted it, yet!
http://nyc.indymedia.org/es/2007/08/89149.html

[BrazenMuse]

Oops!
Gotta use this press release, then! No other site other than Optonline has posted it, yet!
http://nyc.indymedia.org/es/2007/08/89149.html
:eek:...but cool.
He'd cut oil prices to poor neighborhoods too. Guy is crafty...smart. Popular support in other countries thru philanthropy...hmmm...sounds familiar, doesn't it?

[The Buddy Love Show]

3 million

gee

thanks

I guess he thinks we come REAL cheap

[Fletch]

3 million

gee

thanks

I guess he thinks we come REAL cheapI thought about that, but that's $3 million more than what "The Devil" put in!

[The Buddy Love Show]

I thought about that, but that's $3 million more than what "The Devil" put in!

thats not true at all

obviously, his propaganda is working

3 million dollars cant even buy 5 multi family apt buildings in the Bx

Chavez must think that we are completely stupid

this is almost as cynical as some of the republicans bullshit

[MadMixer]

Let him drop 3 million and a cheap gas station at Woodward & the Davidson. Bush aint fuckin with Detroit......Yo Chavez....right here dawg

[BrazenMuse]

thats not true at all

obviously, his propaganda is working

3 million dollars cant even buy 5 multi family apt buildings in the Bx

Chavez must think that we are completely stupid

this is almost as cynical as some of the republicans bullshit

It's the gesture more so than anything else...but it's also venezuelan currency...what's the conversion rate now? I'll check later...on my way out now...

Now I have to find the source that mentioned the currency...hmmmm

[Martin Red]

:eek:...but cool.
He'd cut oil prices to poor neighborhoods too. Guy is crafty...smart. Popular support in other countries thru philanthropy...hmmm...sounds familiar, doesn't it?

Chavez, when he visited London offered fuel for heating, for the poor.


What's Bush done, fuck all, except fuck up community relations where I live.

Bush family need to die painfull deaths.

[kaaos]

3 million

gee

thanks

I guess he thinks we come REAL cheap

hoe much would would be enough to wet your beek?

[BrazenMuse]

Does this worry anyone else? Am I LATE on this? What the ...:wtf:




But in fact there's nothing ordinary about Citgo. One of the USA's largest refiners, Citgo is a subsidiary of Venezuela's state-owned oil company, Petroleos de Venezuela S.A. (PDVSA). As such, it ultimately belongs to Venezuelan President Hugo Chávez, an avowedly anti-American leader who counts Fidel Castro among his closest friends and mocks President Bush as a "genocidal murderer."
The question of Chávez's influence over Citgo was highlighted by the company's recent provision of 25 million gallons of subsidized home-heating oil to poor people in the northeast USA. More than 100,000 households in four states should eventually benefit from the low-cost heating aid.
But some worry that Venezuela's ownership of more than 6% of U.S. refinery capacity gives Chávez, a former paratrooper given to wearing red berets and military fatigues, the power to cripple as well as comfort.
As Hurricanes Katrina and Rita demonstrated, any disruption to the nation's refining industry instantly increases gas prices. What if Chávez, who periodically threatens to curtail oil shipments to the USA, closed Citgo's refineries?
"He'd only have to do that for 90 days, and he'd destroy our economy," worries Matthew Simmons, a prominent energy investment banker. "He actually has our livelihood in his hands."
Others note that imported oil from elsewhere eventually could compensate for any interruption in Citgo supplies. And, because Chávez depends on the company's specialized refineries to process Venezuela's sulfur-rich crude oil, a shutdown would cost him and his country dearly.
"His capacity to make life difficult for George Bush would be at the cost of burying himself," says Claudio Loser, a former International Monetary Fund official.
Late last year, as winter's first chill sent consumers reaching for their thermostats, a dozen U.S. senators asked 10 major oil companies to donate a portion of their record profits to help the poor. Only Citgo responded, dispatching tankers to housing projects in New York and Massachusetts in what Felix Rodriguez, the company president and chief executive, called a purely "humanitarian" gesture.
Today, the program expands to homeless shelters and Native American tribes in Maine. Friday, Rhode Island gets its initial delivery.
Many analysts, however, saw the move as a stunt by Chávez aimed at embarrassing the Bush administration. And some say Citgo's generosity — likely to cost it more than $20 million — suggests the company may be turning into a political tool for Chávez.
"It has had a turn for the worse, perhaps the much worse. ... Now it's a different entity. It's not completely run like a business," says Antonio Szabo, a former PDVSA official and the president of Stone Bond Technologies, a Houston energy software firm.
Citgo executives say the company, founded in 1910 as Cities Service Co., is solidly profitable and can afford to offer the poor 40% discounts on heating oil. In an interview, Rodriguez said Chávez, 51, ordered the giveaway so poor Americans wouldn't have to choose between food and heat.
"The only difference between Citgo and other companies is that Citgo has only one shareholder," he said, referring to the Venezuelan president.

Full Article (http://www.usatoday.com/money/industries/energy/2006-01-11-citgo-cover-usat_x.htm)