I wonder what some of you Latin America observers might think:
Fidel's Heir: The rising influence of Hugo Chávez. by Jon Lee Anderson
One recent Sunday, I flew with Chávez to La Faja del Orinoco, an oil-rich belt of land in eastern Venezuela. In May, 2007, Chávez ordered the nationalization of pumping and refining facilities in La Faja owned by foreign oil companies. The move was one of a series of measures that Chávez had taken to increase Venezuela’s share of oil revenues, including increases in royalty payments from 16.6 per cent to 33.3 per cent, and its ownership stake from around forty to at least sixty per cent. (As recently as 2004, these companies were paying royalties of one per cent of the oil’s value.) Most of the oil companies, including Chevron and B.P., agreed to the terms; ConocoPhillips and ExxonMobil did not, and pulled out.
Chávez began our conversation by asking, “Tell us, why didn’t Saddam put up more of a fight when the Yankees invaded?” Before I could reply, General Rangel said that the Americans had successfully degraded Iraq’s air-defense system in the run-up to the war. Chávez looked at me for confirmation, and when I agreed he smiled, and said that, just in case the Americans were thinking of doing anything similar to Venezuela, he had bought an air-defense system from Belarus. (In the past four years, Venezuela has spent four billion dollars on foreign arms purchases, mostly from Russia.) The Belarusian system probably wasn’t the most sophisticated in the world, Chávez said, but it was what Venezuela could get: “We do what we can to defend ourselves.”
Chávez campaigned for the Presidency, in 1998, with promises to bring radical change, but, for a time after he won, it was unclear whether he could deliver much more than symbolism and oratory. When he took office, oil was at a mere ten dollars a barrel, and his first government budget was seven billion dollars; last year, as oil approached a hundred dollars a barrel (by last week, it was a hundred and thirty-six dollars), the budget rose to fifty-four billion. The oil money has allowed Chávez to triple spending on social programs. Even though many of these “missions,” as they’re known, have foundered or have proved inadequate, the volume of revenues has meant an improvement in living standards for the country’s poorest citizens, who are, unsurprisingly, Chávez’s strongest supporters. It has also given him the means to buy influence with his neighbors, usually at the expense of the United States.
Those are a few paragraphs taken from page 1 (of 9) but it doesn't do justice to the entire article. I found the article problematic in that Chavez is treated with too much suspicion. Most of the article seems to me about the questions surrounding him that corporate fascist media has been drumming up over the years. None is dedicated to the actual good Chavez has been doing, although there is mention of his widespread support amongst Venezuela's poor. I did not come away feeling I had read a balanced view. Disappointing.