Morning Briefs

Their Socialist Despot and Ours

Hugo Chavez justifying the takeover of the Venezuelan Fertilizer industry.

Venezuelan President Hugo Chavez signed a decree Monday to expropriate a leading farm-supply business, promising to bring down prices of seeds and fertilizers as his government takes control.

“We’re going to pay them what it really costs,” he said in a telephone call to a talk show on state television. … He called it a step toward boosting Venezuelan agriculture that would also bring down production costs.

Barack Hussein Obama justifying the takeover of the American Student Loan industry:

“We’re making college more affordable; we’ve changed the way student loans are administered,” Obama said. “Instead of handing over $60 billion in unwarranted subsidies to big banks, we’re redirecting the money so it goes directly to the students.”

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