Another one bites the dust.

[ghost]

Exxon mum on Argentine sale rumors


Dallas Business Journal


Exxon Mobil Corp.


Oil giant Exxon Mobil Corp. said it does not comment on market rumors when asked if the Irving-based company has plans to offload its Argentine downstream unit Esso.
Reuters news reported rumors of the sale on Friday. Esso controls hundreds of service stations and a refinery.

I wonder if Chavez is lined up as the new owner?????

 

[French jurist]

New owner would be Petrobras, no ?

 

[ghost]

New owner would be Petrobras, no ?

Good guess. Maybe. It's a difficult call, the Ks have been hammering Exxon for the last 5 years. Tax audits, environmental audits, labor fines and forced renovations that no other oil company could was expected to match. They have provided a very hostile business environment. And very little incentive to invest further in the AR business segment.

 

[dennisr]

Petrobras proper really does not exist in Argentina. They sold to one of the Kirchner's cronies: Cristóbal López. My bet is Lopez/Kirchner will load up. And the beat goes on.......

http://en.mercopress.com/2010/05/05...of-its-assets-to-kirchner-couple-close-friend

 

[gouchobob]

Does this mean the K's are using their position to enrich themselves and their friends? I find this hard to believe. This would amount to socialism for their enemies and crony capitalism for their friends.

 

[Lucas]

The last cowboy...

The letter begins:

"This is the last cowboy song,
the end of a waltz that lasted one hundred years.
The saddest voices are heard
when they sing this song
because another piece of America was lost. "

Surely someone recalled last week in a 11-9 full of hatred and racial tension, when Obama said "we are going through a difficult time."

Everything has to do with everything. From the painful withdrawal from Iraq, to the media circus of the pastor who suggested burning copies of the Koran. Since anti-immigrant legislation in Arizona, to anti-American demonstrations in the swamp of Afghanistan. Since the black spot of the Gulf to the unemployment crisis that seems to have no end. From the emotionally charged words spoken by the President at the foot of the towers collapsed, until the last song lyrics cowboy.

It is not just to fix the political, economic or military. The problem is not Obama, or the November elections, nor the growing polarization between right-wing insurgency and most disenchanted. It's bigger than that. America is suffering an identity crisis.

In hard times people return to their roots. There, deep in the American sense, is the music of the cowboys. The country is the folklore, the foundational message of the dominant culture. They listen to millions of Americans. The vast majority are white and conservative, from rural areas and practice Protestant Christianity.

...more

 

[evan]

that's an incredible misreading of the US

 

[JoeBlow]

that's an incredible misreading of the US

I would agree with you (if you're referring to Lucas' "Cowboy" post). We need to successfully deal with a few things, however, if we are to learn how to all get along on our little planet.

1) Most of the time people genuinely believe what they say (there are some liars of, course) but we can't just say "you're wrong" —even when we think that what they are saying is ridiculous.

2) Lucas' reading of the US is as correct as a 100 other observations you could make regards the US; who can deny there is "an identity crisis" when a predominant topic of debate is red vs blue states, abortion vs antiabortion, immigration vs antiimmigration etc etc etc.

3) These divisions (or similar ones) are repeated over and over in societies all around the globe. You'd think that this fact, in and of itself, would be enough for humans to look deeper into what makes people tick; specifically, what makes a conservative person so afraid of change (or vice versa; whatever the oppostie of that is).

I personally have always thought that the first problem we have is that our race doen't realize that the same types of problems are playing out, as I've said, over and over all around the world. Somehow there has got to be a lesson to be learned in that fact.

 

[ghost]

The last cowboy...

The letter begins:

"This is the last cowboy song,
the end of a waltz that lasted one hundred years.
The saddest voices are heard
when they sing this song
because another piece of America was lost. "

Surely someone recalled last week in a 11-9 full of hatred and racial tension, when Obama said "we are going through a difficult time."

Everything has to do with everything. From the painful withdrawal from Iraq, to the media circus of the pastor who suggested burning copies of the Koran. Since anti-immigrant legislation in Arizona, to anti-American demonstrations in the swamp of Afghanistan. Since the black spot of the Gulf to the unemployment crisis that seems to have no end. From the emotionally charged words spoken by the President at the foot of the towers collapsed, until the last song lyrics cowboy.

It is not just to fix the political, economic or military. The problem is not Obama, or the November elections, nor the growing polarization between right-wing insurgency and most disenchanted. It's bigger than that. America is suffering an identity crisis.

In hard times people return to their roots. There, deep in the American sense, is the music of the cowboys. The country is the folklore, the foundational message of the dominant culture. They listen to millions of Americans. The vast majority are white and conservative, from rural areas and practice Protestant Christianity.

...more

What does this [Cowboys] have to do with Exxon/Esso Argentina bailing out? Maybe you mean the last gaucho?

 

[evan]

I would agree with you (if you're referring to Lucas' "Cowboy" post). We need to successfully deal with a few things, however, if we are to learn how to all get along on our little planet.

Clearly registering my disagreement obligates me to type out 4 pages worth of reasoning.