AP: Venezuela Will Nationalize Telecoms and Power
CARACAS, Venezuela (AP) — President Hugo Chavez announced plans Monday to nationalize Venezuela’s electrical and telecommunications companies, pledging to create a socialist state in a bold move with echoes of Fidel Castro’s revolution in Cuba.
Chavez was elected in elections. This is a Rightwing meme to discredit a Leftist populist. Latin America is tending Left, Iraq isn’t W’s only screwup. I believe Pinochet was a dictator after Kissinger and the CIA’s coup toppled an elected leader named Allende. Europe had their fling with nationalization and socialism, Latin Americas shifting back to the Left.
and he whines because companies don’t want to invest in his country.