Bolivia joins anti-US trade deal with Chavez, Castro. Not wasting a moment, Evo nationalized the Bolivian gas industry, ordered the military to occupy Bolivia’s natural gas fields and threatened to expel foreign firms that do not recognise state control. But that’s only the beginning, folks,
The move is only the start of a process to seize Bolivia’s natural resources according to Morales who says the next targets will be the mining, forestry sectors.
I safely predict that Bolivia, which gets $120 million a year in government support from the U.S. – well over half the Bolivian government’s budget – will continue to be the poorest country in South America. Elephants in Academia, Publius Pundit, Babalu, and MABB have round-up and commentary.
Via Sigmund, Carl, and Alfred, “Crises are what always drives the [research] funding.”
Speaking of SC&A, don’t miss An SC&A Reality Chomp and the Phony Oil ‘Crisis’
If oil shale were used to reduce our dependence on foreign oil by 25%, and only 800 billion barrels (of the estimated 2 trillion plus barrels) are recovered from oil shale, that would be enough to satisfy US oil demand for 400 hundred years.
In the arts:
A Norwegian court has sentenced three men to between four and eight years in prison for their role in the theft of Edvard Munch’s masterpiece The Scream, which is still missing.
Which reminds me, I didn’t link to the Carnivals,
SmadaNek hosted the Carnival of the New Jersey Bloggers, Number Fifty