Last Monday, a day before the Republican-controlled House passed a resolution condemning socialism, the Pentagon’s Office of Strategic Capital announced that it had acquired a 35 percent stake in North American Blue Energy Partners, one of Venezuela’s largest private oil producers.

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In the deal, the Venezuela government gives the company a hundred years lease for some oil fields. The deal also provides the US government with veto power over appointments to the company’s board of directors. Having power over appointments to the board gives the US government control over the company.
Read Full Article: https://www.lewrockwell.com/2026/09/ron-paul/corporatism-goes-global/
