On the evening of October 25th, O-I learned that Hugo Chavez (dictator, Venezuela) had expropriated the company's two manufacturing facilities in Venezuela. The company had no advance notice of this. Apparently the Venezuelan military positioned at one of the two facilities was a show of strength that the dictator could not be challenged. O-I is not the first company to have this happen, and they will not be the last.
This is an appropriate word picture for Americans at this time, because this is exactly where the obama agenda is heading. obama, like chavez, believes that government has or should have absolute power over every individual and every business. Stay tuned America, we might be next!
Chavez Expropriates
How glass bottles are made
Tuesday, October 26, 2010
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