Tuesday, June 05, 2007

Latest on Don't Cry For Me Venezuela

Downward spiral of the petro-republic

Long essay, but worth it:

The Petrostate that was and the petrostate that is

The petrostate trick is turning oil money into power - or, more precisely, turning control of the state's oil money into control of the state - in a self-perpetuating cycle.


Via Fausta

4 comments:

Rita Loca said...

It is very true in regards to the opposition! There is no one leader that c an unite the entire Anti-Chavez group.

Anonymous said...

same as Iran. there is no one leader that can unite the entire anti-dictatorship group. wow! such similarity !!

blank said...

Chavez is trying to become a clone of Castro and Ahmadinejad. He is the wolf in sheeps clothing that is eating his nation.

Unknown said...

Thanks for sharing this video. I found it very informative.