Chavez seals Venezuela's fate

Thug dictator Hugo Chaves put the finishing touches on his country's plunge toward total economic and social collapse today by seizing Venezuela's last privately held oil company. In addition, he took control of all public utilities. You won't hear anything negative about it from the fawning socialists in the mainstream American media because they hold Chavez up as a populist man-of-the-people. He is their replacement hero for the ailing Fidel Castro. Unlike Cuba, Venezuela has vast off-shore oil reserves, the sales from which will buffer it against the loss of private entrepreneurism and capitalist innovation that will flee the country. Eventually however, the population will suffer much like the population of Cuba, despite the adoration from the approving sychophants in Hollywood and the democratic party.