megimoo
02-12-2009, 09:58 PM
Beginning Of The End For Hugo Chavez
The beginning of the end is setting in for Hugo Chavez. The authoritarian Venezuelan president is holding a referendum Sunday on a constitutional change that would allow him to run for president indefinitely. Pollsters say Chavez leads slightly, but the election is mostly irrelevant. Barring an oil miracle, the former army paratrooper is slowly imploding on the spike of his economic mismanagement and corruption, like any of a number of populist strongmen before him. Oil prices may recover some from their current lows of around $40 a barrel, but not soon and not anywhere near the more than $80 a...
http://www.ibdeditorials.com/IBDArticles.aspx?id=319333804822357
The beginning of the end is setting in for Hugo Chavez. The authoritarian Venezuelan president is holding a referendum Sunday on a constitutional change that would allow him to run for president indefinitely. Pollsters say Chavez leads slightly, but the election is mostly irrelevant. Barring an oil miracle, the former army paratrooper is slowly imploding on the spike of his economic mismanagement and corruption, like any of a number of populist strongmen before him. Oil prices may recover some from their current lows of around $40 a barrel, but not soon and not anywhere near the more than $80 a...
http://www.ibdeditorials.com/IBDArticles.aspx?id=319333804822357