The Devil's Excrement





  The Devil's Excrement
Observations focused on the problems of an underdeveloped country, Venezuela, with some serendipity about the world (orchids, techs, science, investments, politics) at large. A famous Venezuelan, Juan Pablo Perez Alfonzo, referred to oil as the devil's excrement. For countries, easy wealth appears indeed to be the sure path to failure. Venezuela might be a clear example of that.
Last updated:
4/2/2007; 9:28:33 PM

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Saturday, October 08, 2005



Deputy Iris Varela, the so-called "Fosforito" DEputy of Chavez' MVR, announced on Thursday that the National Assembly may ask the Executive branch to declare the Panamco-Coca-Cola plants in the country as "public utility" and have the workers run them, if the company does not give fired workers their rights.

The statement comes after she met with workers fired from the Coca-Cola bottling plants in the 90's who claim they have not received what they were due. Curiously, the Venezuelan courts have failed to rule in favor of these workers either on those rights that the Deputy is claiming to defend. According to the Deputy, Coca Cola made all workers partners by giving them shares in the company, but this was simple to exploit them.

Will Coca Cola sell them the secret coke syrup or will I simply have to start drinking Pepsi?

(Afterthought: Who is next McDonald's or Microsoft?)

11:07:03 PM    comment []



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Last update: 4/2/2007; 9:28:36 PM.
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