November 3, 2009 - In a state of absolute panic, VenEconomy warns: "Less than a week ago, a bill that will turn the Central Bank into the government's petty cashbox was passed following its first debate, without prior public consultation. This Wednesday, it was revealed that, 15 days ago, Hugo Chavez gave approval, in council of ministers, for the Corporacion Venezolana de Guayana (CVG) to issue bonds for up to $3 billion, supposedly backed by future gold production. This raises the possibility that the international reserves will start to be used to finance the highly compromised state-owned companies."
The bourgeoisie all over the world ... in boardrooms and courtrooms ... is conniving and fighting each other, trying to sneak inside of Venezuela's gold mines. CVG has farmed out much of the gold mining to public-private joint ventures. But the State may want the company, entirely government-owned, to take control of a special gold mining project and $3 billion or less should get such a company going........
