Note to Hugo Chavez. Oil is fungible

Socialist Unity on Venezuela’s threat to stop selling oil to the US if attacked by Columbia

If actually carried out, such a threat would be a big blow for the Venezuelan economy. More than 90 percent of its export earnings are from oil. The United States is the top buyer of oil from Venezuela, which [...]

Hugo sings

http://www.youtube.com/watch?v=d55CSEZvAP0&feature=player_embedded

Marc Cooper

This is so stupid, I am not going to bother to translate this little ditty from Hugo Chavez. The gist of it is that he expresses sorrow for all of the poor people condemned to live in the U.S. and then he sings a song about how he doesn’t love Hillary [...]

Hugo Chavez: Haiti quake caused by US weapons testing

Such lunacies detract from his probably quite accurate observation that the US is using the quake as a pretext to occupy Haiti.

Venezuela

It’s not hard to find criticisms of Hugo Chavez in this country. Their socialist experiment, we are told, is doomed for failure. The recent news of Venezuela’s currency devaluation and two-tiered exchange rate have some shrieking failure. Mike Shedlock, on his blog Mish’s Global Economic Analysis, had this to say,

Turn out the lights. The [...]

Hugo Chavez jumps the shark

The President of Venezuela has just praised Robert Mugabe, Mahmoud Ahmadinejad and, wait for it, Idi Amin – even if he was a cannibal.

Oh, and Carlos the Jackal too. Can’t forget him. Selfless fighters against imperialism, all of them.

Lordy, what a lunatic blowhard Chavez has turned out to be. Inflation is soaring [...]

Chavez gets thuggier

Coming soon to Venezuela: Armed militias answerable only to Chavez

There is no ambiguity on where the militias’ loyalties lie. Not with the Venezuelan state, not with the military, but directly and personally with Chávez.

Early on with Chavez, when I thought Chavez represented something truly new and democratic, a friend who has followed South [...]

Chávez tactical u-turn on socialism

Chavez is abandoning his socialist agenda “for now,” granting amnesty to right-wing coup plotters, replacing left-wingers in his cabinet, and signaling he wants to build alliances with the bourgeoisie. New Statesman opines the recent defeat of socialism at the Venezuela polls had little to do with socialism and quite a lot to do with [...]