Wall Street Journal wailing over Chavez victory in Venezuela

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http://www.peoplesworld.org/wall-street-journal-wailing-over-chavez-victory-in-venezuela/

The reelection, for a third term, of Venezuela's left wing president, Hugo Chavez of the Unified Socialist Party of Venezuela (PSUV), has set off wails of anguish in the right-wing media and political circles in the United States. In fact, it is a supremely important development with profound implications for the hemisphere and the world.

The Wall Street Journal outdid itself by comparing the people who voted for Chavez with the 47 percent in the United States who Mitt Romney claimed were hopelessly dependent on government handouts. According to the Journal, by vastly improving Venezuela's public services in health and education, and by helping millions of Venezuelans out of poverty, Chavez has created massive dependency on government on an unprecedented scale.

No silver lining here, helping people to improve their incomes is all bad, unless they are already rich. The way the right and the ruling class see the functions of government is reflected in such statements with crystal clarity.

The actual implication of the Venezuelan election is that Latin America may now finally escape from its dependency on, and subordination to, the United States and U.S.-based corporations. In his famous 1823 "Doctrine," U.S. President James Monroe asserted the right of the United States to take action to prevent interference in the Western Hemisphere. But Monroe did not promise that the United States itself would not do some interfering.

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[jwirr]

1. What they are wailing about is their fault. They are the ones who have practiced disaster capitalism

all across the world - destroyed total countries and this - socialism is the blowback. They are now practicing this is the USA and if they do not want these results they had best back off.

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2. +1000

[TBF]

3. This -

Partly because of the economic impact of its oil wealth, Venezuela has played a key role in the entire "Bolivarian" process of integrating the Latin American economies while reducing the role of the United States in the region. This is why the Wall Street Journal, and a whole lot of other people, are wailing and gnashing their teeth. The right-wing opposition presidential candidate in the Venezuelan elections, Enrique Capriles Rodonski, had promised to end Venezuelan petroleum aid to Cuba and the other poorer countries in the hemisphere. Had he been elected, and had he kept his word, this "Bolivarian Project" would have been severely jeopardized.

Viva Chavez!

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4. Viva Chavez!

Capital is hot to get their hooks into the Venezuelan oil fields. This won't be the end of the struggle, by any means, but it is good to see the people reject Wall Street's agenda for their nation.