Danny Taggart's Blogarama

A more-or-less daily dose of news, politics, techmology, and any random thoughts that pass through my head.

Thursday, January 06, 2005

Venezuela gov't steals British-owned land

Read about it here (via The American Thinker, via InstaPundit). It's interesting that the British Embassy has not sent a diplomatic note of protest to the government. I guess this is a trial balloon, with a broader land-nationalization campaign ahead. The only question I have is whether they plan to target only foreign-owned land, or potentially all farmland. According to the CIA World Factbook, agriculture accounted for $5.9 billion (or 5%) of GDP in 2004. That's a good chunk of change.