As if the change to a full-fledged Communist dictatorship wasn’t clear enough,
From Yahoo News
Venezuela’s President Hugo Chavez holds up a copy of his proposal for a country’s new constitution while speaking to supporters in Caracas August 25, 2007. Chavez unveiled a project to change the Constitution that is expected to allow him to be re-elected indefinitely. The proposal book is red instead the old one color blue.
The results, so far:
Venezuela’s currency plummets and the public faces food shortages.
The official inflation rate 1.1 percent in August from the previous month.
The currency will be “relaunched” (hugospeak for “devalued”) next year.
If anyone doesn’t like the revamped constitution after Hugo’s done revamping it, he’s calling for the population to carry out a national mobilization to support his Constitutional Reform Project (and let’s not forget those import 5,000 Russian sniper rifles to arm guerrillas in the event of an American invasion).
Hugo’s got plans to build a set of artificial island-cities, intended to demarcate Venezuela’s sovereignty in the Caribbean.
And Ahmadinejad’s going to visit next month.
Small wonder people are turning their cars into personal armored vehicles.
UPDATE, Wed. 5 September
Chavez has promised a new oil refinery to Nicaragua. Since he doesn’t have enough money to build it, he’ll have to sell a refinery CITGO owns in the USA (link in Spanish, via A Colombo-Americana’s Perspective).