Here's a story that is easy to miss in the hustle and bustle of the Christmas season but is going to cause problems for the U.S. in the months ahead. The ever-lovable Hugo Chavez was granted dictatorial powers in Venezuela by the Legislative Assembly. Generally speaking, once these powers are acquired tin-horn dictators don't usually go gently into the night. Hugo was facing a situation where his popularity was ebbing and an election was approaching, so this neatly resolved the conundrum. BTW, Venezuela is in the top ten oil producers in the world and supplies about 10% of total U.S. oil imports. He is also busy trying to install mini-Hugos around Central and South America, loves Cuba and China, buying advanced arms, and is snuggling up to Iran including cooperation on "peaceful" nuclear power. Feliz Navidad!
www.reuters.com/article/idUSN1729156220101217
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