Monday, December 3, 2007

"It's the crude, dude!"

Greg Palast, one of a very few REAL journalists, on the recent elections in Venezuela. A good read.

Bush: If it’s our oil, why do Venezuelans get to vote on it?

The Family Bush can fix Florida. They can fix Ohio. But it’s just driving them crazy that they can’t fix the vote in Venezuela.

Why is the Bush crew so bonkers about Hugo? Is it because Venezuela sits on the world’s largest reserve of coconuts?

Like Operation Iraqi Liberation (”OIL”) - it’s all about the crude, dude. And lots of it. The US Department of Energy documents I obtained indicate that the guys holding Bush’s dipstick figure that Venezuela is sitting on 1.36 trillion barrels of crude, five times the reserves of Saudi Arabia.

Chavez’ continuing tenure means that Venezuelans’ huge supply of oil will now be in the hands of … Venezuelans!

I guess I shoulda warned ya about the "holding Bush's dipstick" crack. Sorry about that. I'm recycling my bleach these days since I'm using so much of it to delete visuals what with the all the Repug scandals, but I'll let ya pour some of it in yer ear...

Big Oil has better ideas for Venezuela, best expressed in several Wall Street Journal articles attacking Chavez for spending his nation’s oil wealth on “social programs” rather than on more drilling platforms to better fill the SUVs of Texas.

Chavez has committed other crimes in Washington’s eyes. Not only has this uppity brown man spent Venezuela’s oil wealth in Venezuela, he withdrew $20 billion from the US Federal Reserve. Weirdly, Venezuela’s previous leaders, though the nation was dirt poor, lent billions to the US Treasury on crap terms. Chavez has said, Basta! to this game, and has called for keeping South America’s capital in … South America! Oh, no!

Oh, and did I mention that Chavez told Exxon it had to pay more than a 1% royalty to his nation on the heavy crude the company extracted?

And that’s why they have to kill him. In 2002, The New York Times sickeningly applauded the coup d’etat against Chavez. But that failed. Therefore, as the electorate of Venezuela is obstinately refusing to vote as Condi Rice tells them, there’s only one solution left for democracy-loving Bush-niks, the view express out loud by our President’s spiritual advisor, Pat Robertson:

“We have this enemy to our south controlling a huge pool of oil. Hugo Chavez thinks we’re trying to assassinate him. I think we ought to go ahead and do it. … … We don’t need another $200 billion war … It’s a whole lot easier to have some covert operatives do the job.”

But Hugo’s not my enemy. Indeed, he’s made a damn good offer to the American people: oil for $50 a barrel - nearly half of what it sells today. By locking in a long-term price, Venezuela loses its crazy Iraq war oil-price windfall. In return, we agree not to let oil prices fall through the floor (it dropped to $9 a barrel in 1998) and bankrupt his nation. But Saudi Arabia doesn’t like that deal. And Abdullah’s wish is George Bush’s command. (Interestingly, Chavez’ fellow no-term-limits dictator Bill Clinton endorsed the concept.)

I don’t agree with everything Chavez does. And I’ve found some of his opponents’ point well taken. But unlike Bush, I don’t think I should have a veto over the Venezuelan vote.

In Orwellian Bush-speak and Times-talk, Chavez’ referendum was portrayed before the vote as a trick, a kind of “Saddam goes Latin.” Maybe their real fear is that Chavez has brought a bit of economic justice through the ballot box, a trend that could spread northward. Think about it: Chavez is funding full health care for all Venezuelans. What if that happened here?

Single-payer health care for all and a modicum of social justice for the poorest amongst us at the expense of the rich? Cut out the greedy vultures of capitalism? Here? Bwa-ha-ha-ha-ha!

Mr. Palast is always a hoot to read. He cuts through the shit and is fun to read at the same time.

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