Hugo Chavez: I’ll seize any business that raises prices

January 10, 2010

You can’t even say it’s socialist anymore. It’s pure fascism, plain and simple. It’s also unfathomable that Hollywood elites and liberal academics love this guy. It says a lot about the liberal left in this country.

Jan. 10 (Bloomberg) — Venezuelan President Hugo Chavez said that businesses have no reason to raise prices following the devaluation of the bolivar and that the government will seize any entity that boosts its prices.

Chavez said he’ll create an anti-speculation committee to monitor prices after private businesses said that prices would double and consumers rushed to buy household appliances and televisions. The government is the only authority able to dictate price increases, he said.

“The bourgeois are already talking about how all prices are going to double and they’re closing their businesses to raise prices,” Chavez said in comments on state television during his weekly “Alo Presidente” program. “People, don’t let them rob you, denounce it, and I’m capable of taking over that business.”

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