May 01, 2007

May Day Dumbassery

Don't cry for me Venezuala: the truth is I got an F in economics.

President Hugo Chavez's government took over Venezuela's last remaining privately run oil fields Tuesday, intensifying a decisive struggle with Big Oil over one of the world's most lucrative deposits.

Oil Minister Rafael Ramirez declared that the oil fields had reverted to state control just after midnight. Television footage showed workers in hard hats raising the flags of Venezuela and the national oil company at a refinery and four drilling fields in the oil-rich Orinoco River basin. Chavez planned a more elaborate celebration Tuesday afternoon with red-clad oil workers, soldiers and a fly over by Russian-made fighter jets.

I think part of what's driving Hugo's problems in Venezuela is that we've been basically ignoring him, kind of like the late-middle age obnoxious boomer who buys a house at the end of the street and while espousing all the right PC causes, gets extremely cranky when actual human children are standing on the edge of his lawn at the long-existing bus stop. Where's the heroism for a tin-pot lefty Che wannabe if the US won't threaten him militarily?

Posted by Steve-O at May 1, 2007 10:50 AM | TrackBack
Comments