Bolivia grabs control of gas firm (nationalization files)

[phantom power]

The Bolivian government has continued its nationalisation of key industries - taking full control of a key gas pipeline company.

President Evo Morales said Transredes had been seized after the foreign firms which owned half of it failed to agree a share buy-back.

http://news.bbc.co.uk/1/hi/business/7432280.stm

[Cleita]

1. Good. It's time Bolivian nationals benefit from their natural resources instead

of foreign companies taking all the profit. We should do the same here, nationalize all our natural resources so that the proceeds go to bettering the lives of American people instead of into profits for Wall Street and the ultra rich.