Thursday, December 09, 2010

Oil oppression...

Wikileaks and Venezuela: "American diplomats say president is now desperate to attract foreign partners after nationalisation frightened many away." [Guardian] Even his allies seem to realise:
The memos depict an unfolding economic fiasco and suggest some of Chávez's key allies – Argentina, Brazil and Cuba – are gravely concerned at Venezuela's direction.
Chávez, typically, calls all this capitalist propaganda: the Venezuelan government "is studying a draft law to facilitate further oil industry nationalisations to deepen the revolution." You'd laugh at such stupidity if it wasn't so tragic.

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