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Lydia Leftcoast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 10:06 AM
Original message
Mysteries of Venezuela Revealed
While written from the point of view of wealthy investors looking for a retirement haven, this article dispels for a mainstream audience some of the myths that have been bandied about in the MSM:
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Since 1999, when Hugo Chavez first became president of Venezuela, the country has been clouded in mystery and intrigue. Chavez' socialist agenda and ongoing theatrics with Cuban dictator Fidel Castro and U.S. President George Bush have sent up red flags regarding Venezuela all over the democratic world. In spite of all the political posturing and bloviating in the media, the country remains one of the most unspoiled vacation destinations in the world, whether visiting the beaches, mountains, Amazon, or plains. It also remains one of the best countries to get more bang for your dollar, whether buying real estate, or just eating dinner out. The most recent background information on the political and econmomic situations in Venezuela will surprise a lot of readers and challenge their perceptions that this is a "communist" country or that the future of this place is bleak...

"A disastrous two-month national oil strike from December 2002 to February 2003, temporarily halted economic activity. The economy remained in depression in 2003, declining by 9.2% after an 8.9% fall in 2002. Despite continued domestic instability, output recovered strongly in 2004, aided by high oil prices." (from "The CIA Factbook"). The political situation is now stable again, after two or three years of unrest. The most surprising development is that the economy is now booming due to these higher oil prices.
According to a recent issue of "The Economist", "Emerging-market indicators show that Venezuela is the fastest growing country in the world. GDP growth is up 11.2% year-on-year change (as of 2005 figures), and it is the only country in the world which registered double digit growth rate." (China, the second highest, kicked in at 9.5%, imagine that!)
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http://www.escapeartist.com/OREQ18/Venezuela_Revealed.html
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 10:13 AM
Response to Original message
1. Lies, all of it, stinking lies. Their economy is stagnant, it must be.
After all, Chavez told the IMF and World Bank "Blow me", so it must be like
North Korea right?

But seriously folks, if you care about that sort of thing, this sort of growth means lots of well-paying jobs, and fertile fields for your investment dollar, although I expect there is still plenty of cheap labor too, we are only a couple years away from the "strike".
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Minnesota Libra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 10:36 AM
Response to Original message
2. If I remember right.......
....the two-month Venezuelan national oil strike happened just a matter of months after Chavez threatened to switch from the dollar to the euro. In fact if I remember right, Venezuela was going to be the first South American country to make the switch from the dollar to the euro too. I do in fact remember Chavez accused the US and more specifically the CIA of instigating that oil strike and trying to over throw his administration. Didn't he have to flee the country for a short time?

I'm sorry I don't have links for any of this because I think it was during that time that my computer went south on me. If anyone has links for the claims I've made here PLEASE do me the favor of posting them.

The switch from the dollar to the euro seems to be the thorn in Bush's side and appears to be the one common thread through all of the crap he and his bunch are pulling.
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Lydia Leftcoast Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 11:02 AM
Response to Reply #2
3. Hi, Minnesota Libra!
Welcome to DU, and have you checked out the Minnesota Forum under "State and Country Forums"?

The Minnesota DUers are a friendly bunch and have regular offline gatherings.
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Minnesota Libra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 11:12 AM
Response to Reply #3
4. Thank You - I will check it out nt
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rman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 12:03 PM
Response to Reply #2
6. I'm pretty sure Chavez didn't flee
And I'm pretty sure i'd know if he did..

There was however a coup against Chavez in 2002 which caused him to 'disappear' for a few days. That's pretty much the extent of the information about it that reached most folks in the US and Europe.

In reality Chavez was kidnapped by some in the V. army who aided the coup. A bloodless counter revolution by the people of Caracas the next day got Chavez released. It's failty certain that the CIA was somehow involved in the coup.

see
www.chavezthefilm.com
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 11:16 AM
Response to Original message
5. The Bush junta-supported oil strike, the Bush junta-supported violent
coup attempt against the democratically elected president, Hugo Chavez, and the Bush junta-supported (literally, with your tax dollars) recall election against Chavez, all failed to destabilize Venezuela, a) because Venezuela is a democratic country, with highly monitored, TRANSPARENT elections (unlike the U.S., for instance), and b) because the leftist, socialist revolution that is sweeping South America (Brazil, Argentina, Chile, Uruguay, Venezuela and Bolivia--with Peru likely next) is a deeply rooted, profound change, from the grass roots up, and, in Venezuela, people pulled together and SOLVED the huge problems that the Bush junta and the Venezuelan oil elite had created. (For instance, the oil elite engineers and their U.S. oil company cohorts sabotaged the oil mixing and piping technology, and trashed its computers, and folks without much training had to learn fast how to un-sabotage the system and make it work--and felt highly inspired by the Chavez revolution to do so, and are very proud of succeeding at it.)

See www.venezuelanalysis.com --an excellent source of info on the leftist revolution in Latin America (which is likely spreading north to Mexico this year--the leftist mayor of Mexico City is way ahead in the presidential polls).

The U.S. war profiteering corporate news monopolies use loaded words and phrases--like "self-styled leftist Huge Chavez"--to imply that Chavez is some sort of communist. He is not. He is supportive of business and trade--as well as, for the first time, bringing the benefits of Venezuela's oil resources to the poor, with new schools, medical clinics, community centers and small business grants/loans, to help the vast poor population become self-sufficient and to diversity Venezeula's economy. What they are also trying to imply with a phrase like "self-styled" is that Chavez is somehow an anomaly--not reflective of the population, or not typical of South America. They are trying to HIDE the fact that this revolution--a new combination of democracy and ECONOMIC FAIRNESS--is occurring throughout the subcontinent. Chavez is by no means alone or isolated. He has great support in his own country, and excellent relations with all these other leftist leaders who have been elected. They are forming their own agreements and regional political and economic alliances. And they are united in their determination to cast off U.S./World Bank imperialism once and for all.

Venezuela's relationship with Cuba is interesting. What Cuba is doing is supplying doctors for the free medical clinics for the poor in Venezuela, and is training Venezuelans to become doctors. This is an example of a new development in the attitude of South American governments that they will make their own judgements of other countries, and will make their own agreements in their own interest--and not as dictated by the U.S. or anyone else. One of the ways that the Venezuelan poor have suffered, at the hands of the rich elite, is in the lack of schools--and consequent widespread illiteracy--which meant, among other things, that Venezuela did not have enough doctors to serve everyone. Only the rich got medical care. Well, that--and the literacy problem--are now being addressed, with intense efforts by the Chavez government, and by the poor communities themselves--with great success. And the Cuban offer of clinic doctors is a big part of that success story.

Chavez is no saint--especially on the environment. Although Chavez has supported returning lands to indigenous tribes, there are some problems with indigenous opposition to coal and gas development (which the Chavez government wants to do--they're returning land ownership, but withholding mineral rights.) So some of these lands are at risk. Also, there are as yet no smog controls on vehicles in Caracas--the air is very dirty. Venezuela is still a gorgeous country, on the whole--but economic necessity may clash with beauty and the environment (and the will of indigenous tribes).

It is no surprise to me that Venezuela's economy is booming. People who have jobs, and food to eat, and education, and hope, and power to change their lives, create wealth. People who are benefiting from their country's resources help create stability and a positive social and economic climate.

The "CIA Factbook" has a lot of nerve stating that the "political situation is now stable again." To their despair, I'm sure. THEIR Bush junta toadies and yes-men were the ones making it UNstable--by strike (of the professional oil elite), by kidnapping and attempted assassination, and by pouring millions of our tax dollars into the hands of the small minority opposition groups for an absurd and wasteful recall vote (that Chavez easily won). (That tactic worked better in California, where the people are less well informed about their election system.)

It would be fun to write a "CIA Factbook"-type analysis of the U.S., wouldn't it? (The most financially bankrupt and politically oppressed country on earth--unable to conduct transparent elections, and forced to sell its port facilities to the sheiks of Araby?)



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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 01:15 PM
Response to Original message
7. In answer to Minnesota Libra, the CIA was likely in cahoots
with a faction of fascists among the Venezuelan military's upper leadership (at the very least, the U.S. knew about the pending coup and failed to warn Chavez), and this military faction kidnapped and imprisoned Chavez for two days and tried to install a puppet president (like they did to Aristide in Haiti), but several things happened: 1) tens of thousands of supporters poured into the streets of Caracas and surrounded the presidential palace, demanding the release of their elected president; and 2) most of the Venezuelan military didn't go along with it, staged a countercoup and returned Chavez to his rightful office. (Chavez, as a former military man, undoubtedly had friends in the military. Also, Venezuela's military doesn't have the same kind of junta ambience that other So. American militaries have had in the past--it is more down to earth, closer to the people, and the bulk of it is recruited from Chavez's natural supporters, the country's vast poor ). Chavez firmly believes that the Bush junta was in on the coup. He says, I think in the Democracy Now interview, below, that they wanted to secure Venezuela's oil prior to the invasion of Iraq (it was in 2002). I tend to believe Chavez--and it's certainly the kind of crap that the Bush Cartel and its henchmen in government are notorious for.

Some informative articles:

http://www.motherjones.com/news/qa/2005/09/richard_gott.html

http://en.wikipedia.org/wiki/Hugo_Chavez

http://www.democracynow.org/article.pl?sid=05/09/19/1336214

www.venezuelanalysis.com
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Minnesota Libra Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 05:39 PM
Response to Reply #7
10. THANK YOU - for posting these links nt
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 04:45 PM
Response to Original message
8. One day, Venezuela's standard of living could be as high as Europe's
Edited on Thu Feb-23-06 04:58 PM by Selatius
The reforms to alleviate poverty are needed. Investments in education and health care are important in fostering a strong, skilled work force that can provide for itself and, if need be, better defend itself from attack. Education, direct participation, popular organization, and mutual cooperation among the people appears to be the answer.

If they can push forward on all these fronts, then they will become a stable, happy, healthy nation. They deserve more than they've been given over the last 30 to 40 years.
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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-23-06 04:51 PM
Response to Original message
9. Read this little tidbit of information:
I have read many articles online (a simple Google search will bring up at least a dozen, there's too many to quote here) that the US was aware of the coup that briefly suspended Chavez' presidency well in advance of its happening and, that at the very least, supported it's happening from a political viewpoint if not actually involved. CIA documents have been released to the public that show a US naval vessel was standing by in the Caribbean in case there was a need to evacuate US nationals from the country after the coup or it's attempt. That shows knowledge of the situation in advance. Congress and the CIA have also been funding at least one of the opposition parties in Venezuela that were involved in the coup attempt. This is also public knowledge and shows more involvement even if only an indirect link can be established. I'm not passing judgement on US government policy, but I believe it's easy to understand some resentment on the part of Chavez and his regime.


This government that claims to represent us in Washington has become the greatest purveyor of violence in the world today.
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