Venezuela is an example of how leftists delude themselves even it is so clearly shown that socialism doesn't work. It's as if someone doesn't believe you can drown underwater, even when you hold their head under they find an excuse.

term 2.. Trust our collectivist dems to follow the old, guaranteed slogan of communism, Take from each according to his ability to produce, and give to each according to his ability to need." guarantees success with the non performers. Ask Obama....

Oh, no! El Presidente Maduro actually blamed our Socialist-In-Chief of committing "the new imperialist inquisition," which I suppose alludes to inflicting some new form of torturous persecution upon Venezuela.
Yes, Maduro actually dared to spew forth such slanderous propaganda!
So there's no way--no way!--O the Great and Powerful shall ever sit still for such a vile verbal attack leveled at his regime.
No way, I tell you! No freaking' way!
Another apology tour should be forthcoming.

I sure hope not. We seem to be doing just that in Puerto Rico, though.

"The problem with socialism is that eventually you run out of other people's money." -- Margaret Thatcher

Most likely KC was unable to purchase raw materials due to currency controls.

term2... they don't have to...our stupid Socialist/communist/looter "Leader, Obama/sanders will send them billions of American Taxpayer dollars to make up for our white privilege and the racism all the producers are guilty of...

In a country that has no food, they have no need for toilet paper.
http://www.aljazeera.com/news/2016/06... One wonders why we hear little to nothing about that here in the US. It only took the socialists 30 years to destroy Venezuela. Fortunately, Peru and Argentina seem to starting back on the road to sanity and freer markets.

You can say that again.

They certainly fall into that category.

I disagree. The more that is taken over by Maduro, the longer he will last. Same with the USA- as long as the looters can loot, they stay in power. Socialism only lasts until the other guy's money runs out.
The venezuelan people are socialists and they will believe that K-C was just a bad company and it should have been taken over. The only thing you can do with socialists is let them starve in their cold, dark tents.

The eternal slogan of socialism should be: "If only...."

"I do hope both of those companies were not stupid enough to leave anything of value for the looters to take."
I actually hope they had to leave most of the value for the looters and the Venezuelan people know it. They can have a direct comparison with the exact same means of production managed privately and centrally.

YEAH. I am sure it was run by a James Taggart type, though, who wouldnt do that. Cheers for Francisco !!!! He did the right thing.

You must be talking about the supporters of Hillary.

I would show up in the dead of night and reset all the machines to make not one more diaper before I left.

But then again, I would have gotten out of there a long time ago.

And there should have an unfortunate fire on the way out.

Wow....an actual owner "Going Galt"!

I bet not. If K-C was owned by a real person, he would have done that. But its an amorphous corporation run by committees of James Taggarts. They probably left a perfectly running company, which will fail anyway within a year or so.

These companies are STUPID by and large. Just like in Atlas Shrugged. Anyone still in Venezuela IS stupid, and they might as well just turn over their wealth to Maduro so he can stay in power.

Shrugging looks better all the time. When they come to take what I have worked for, I hope they get nothing.

It's simply retaliation for Kimberly Clark not producing enough toilet paper........

Maduro required Kimberly-Clark to help support his regime, thats all. If it meant making diapers and not getting paid, so be it.

I do hope both of those companies were not stupid enough to leave anything of value for the looters to take.

Kimberly Clark was STUPID to have waited this long. Hopefully they looted their own factory before taking this action. I sure would have to make sure that not a single diaper would be made at that factory under Maduro.

But they probably werent smart, and will lose millions to Maduro's gang.

I have thought for awhile now that we in the USA should look to Venezuela to see how things will go here. What they can get away with, and in what order they will try things.

We will have a major currency and debt crisis due to our governments actions, and they will try to cover it over and prevent people from protecting themselves.

Minimum wage raises are already in the works. Next comes 10-289 where it will be illegal to lay off workers that arent worth $15/hour.

Its certainly time to really question the employment of people, and the desirability of owning businesses which have a lot of fixed assets.

I dont want to support the establishment looters any more.