So............... the US oil companies are going to pay billions to our fascist dictator personally for this gift of the oil "belonging to us." That sounds an awful lot like the"2020 election was stolen from us." "US" being himself, of course.
Re Venezuela, Donald Higgins commented in Robert Reich’s 1/4 post “Sunday thought: Even worse”….
“Trump and his gang… conduct(ed) a covert action where kidnapping was the end goal of their efforts, what is stopping (others) from doing the same thing to Trump for the crimes he has committed(?).”
This statement to which I applied slight edits for clarity, warrants serious consideration. The reality is it would be difficult (but not impossible) for anyone not on the inside to get to Trump while he’s in office - much easier to grab his family members, his cabinet members and top advisers, their family including CEOs that are backing Trump and their families. Some of those most at risk have young children (a particularly chilling scenario). Our short-sighted foolish president has just increased the personal risks and dangers facing everyone around him! And they don’t seem to get it.
Consider how close we are to a major escalation from a regional act of aggression into a much larger and vastly more deadly global war if any such attempt was made and Trump blamed it on a foreign power. It would not be the first time such a tragic self-inflicted tragedy unleashed hell on earth.
We have made a grave error in electing Trump to the highest office in America! His actions make it more likely that China will soon invade Taiwan AND that Russia will now throw everything it has left into the utter destruction of Ukraine.
We are closer to chaos than ever before. Some will criticize me for such statements but in truth I am afraid and I ‘see’ what’s coming. It’s not a dream. It’s a real possibility and we must put an end to the madness Trump, the Supreme Court, the GOP, the Christian Nationalists, MAGA cultists and all of Trump’s coat-tail riders have wrought.
Note to all law enforcement: I am not advocating violence. I support non-violent peaceful resistance protected under the law.
No, Venezuela did not steal oil from the United States under international law. The claim that Venezuela stole U.S. oil is a political argument related to the 2007 nationalization of oil assets owned by U.S. companies, for which Venezuela was later ordered to pay compensation through international arbitration.
Key Facts
Sovereignty over Natural Resources: Under international law, sovereign nations have permanent sovereignty over the natural resources within their territory. The oil in Venezuela belongs to Venezuela. U.S. companies operating there held temporary operating concessions or stakes, not permanent ownership of the oil itself or the land.
Nationalization: Venezuela nationalized its oil industry in 1976 under President Carlos Andrés Pérez, creating the state-owned Petróleos de Venezuela SA (PDVSA).
Expropriation of Assets: The current "stolen oil" language stems from a second wave of nationalization efforts under President Hugo Chávez in the early 2000s, which culminated in 2007 when foreign operators were forced into minority positions or had their assets seized.
International Arbitration: Major U.S. firms, including ExxonMobil and ConocoPhillips, exited the country and pursued international arbitration for the uncompensated seizures. International tribunals awarded the companies billions of dollars in compensation, which Venezuela has largely failed to satisfy.
Political Rhetoric: U.S. officials, including President Donald Trump and his aides, have used the term "stolen" to describe these uncompensated asset seizures, framing it as the "largest theft of American property".
Current Operations: Texas-based Chevron is currently the only major U.S. company operating in Venezuela under a U.S. sanctions waiver, in a joint venture with PDVSA.
So............... the US oil companies are going to pay billions to our fascist dictator personally for this gift of the oil "belonging to us." That sounds an awful lot like the"2020 election was stolen from us." "US" being himself, of course.
Re Venezuela, Donald Higgins commented in Robert Reich’s 1/4 post “Sunday thought: Even worse”….
“Trump and his gang… conduct(ed) a covert action where kidnapping was the end goal of their efforts, what is stopping (others) from doing the same thing to Trump for the crimes he has committed(?).”
This statement to which I applied slight edits for clarity, warrants serious consideration. The reality is it would be difficult (but not impossible) for anyone not on the inside to get to Trump while he’s in office - much easier to grab his family members, his cabinet members and top advisers, their family including CEOs that are backing Trump and their families. Some of those most at risk have young children (a particularly chilling scenario). Our short-sighted foolish president has just increased the personal risks and dangers facing everyone around him! And they don’t seem to get it.
Consider how close we are to a major escalation from a regional act of aggression into a much larger and vastly more deadly global war if any such attempt was made and Trump blamed it on a foreign power. It would not be the first time such a tragic self-inflicted tragedy unleashed hell on earth.
We have made a grave error in electing Trump to the highest office in America! His actions make it more likely that China will soon invade Taiwan AND that Russia will now throw everything it has left into the utter destruction of Ukraine.
We are closer to chaos than ever before. Some will criticize me for such statements but in truth I am afraid and I ‘see’ what’s coming. It’s not a dream. It’s a real possibility and we must put an end to the madness Trump, the Supreme Court, the GOP, the Christian Nationalists, MAGA cultists and all of Trump’s coat-tail riders have wrought.
Note to all law enforcement: I am not advocating violence. I support non-violent peaceful resistance protected under the law.
Congress STAND UP! This is not a time to be pusillanimous!
Did the NYT and WaPo know and not alert anyone beforehand?👹
Can anybody provide links for background on the claim that Venezuela "stole" oil from the U.S.?
From Google:
No, Venezuela did not steal oil from the United States under international law. The claim that Venezuela stole U.S. oil is a political argument related to the 2007 nationalization of oil assets owned by U.S. companies, for which Venezuela was later ordered to pay compensation through international arbitration.
Key Facts
Sovereignty over Natural Resources: Under international law, sovereign nations have permanent sovereignty over the natural resources within their territory. The oil in Venezuela belongs to Venezuela. U.S. companies operating there held temporary operating concessions or stakes, not permanent ownership of the oil itself or the land.
Nationalization: Venezuela nationalized its oil industry in 1976 under President Carlos Andrés Pérez, creating the state-owned Petróleos de Venezuela SA (PDVSA).
Expropriation of Assets: The current "stolen oil" language stems from a second wave of nationalization efforts under President Hugo Chávez in the early 2000s, which culminated in 2007 when foreign operators were forced into minority positions or had their assets seized.
International Arbitration: Major U.S. firms, including ExxonMobil and ConocoPhillips, exited the country and pursued international arbitration for the uncompensated seizures. International tribunals awarded the companies billions of dollars in compensation, which Venezuela has largely failed to satisfy.
Political Rhetoric: U.S. officials, including President Donald Trump and his aides, have used the term "stolen" to describe these uncompensated asset seizures, framing it as the "largest theft of American property".
Current Operations: Texas-based Chevron is currently the only major U.S. company operating in Venezuela under a U.S. sanctions waiver, in a joint venture with PDVSA.
Thanks, Nick.