See what happens when the government gets involved with private companies…I would rather deal with stockholders.

Venezuela’s Chavez seizes U.S. food giant unit

The anti-U.S. president, who has nationalized swaths of the economy, is popular among the poor for pressuring companies to produce cheap goods and for government programs that provide subsidized food in city slums.

The moves to tighten the government’s grip over the food supply were criticized by the private sector and many economists who say the state distorts the supply chain and contributes to food shortages.

Coming to a theater near you soon.