Monday, January 22, 2007

You're Starving For Attention....And Cash

Chavez: Got to hell gringo's!'

This was a no-brainer to post......could have fun with this one......but I figure the photo above pretty much sums it up. I cherish the day when your fellow countrymen finally figure out that they're getting royally screwed and they call for your head.

Chavez’s real problem is the plummeting price of oil. He developed his power base and strategic plans around a huge cash flow funding his programs from that oil back when it was $75+ and going up. He believed the hype of a permanent $100+ world oil economy, and now is starting to get starved for cash.

As with Castro in the 50’s, give him ten years of rule with no ability to grow his economy or develop new key economic activities (due to an understandable reluctance of capital to invest where the capriciousness of the ruling government could lose your entire investment at a whim), and then let’s talk about how powerful and influential he really is.

He is grabbing the dictatorial powers now, because in ten years even his own county won’t be so enamored with him, I am willing to bet.


At 10:35 AM, Blogger Brooke said...

I doubt he'll make it ten years before a bullet gets firmly lodged in his head.

At 11:38 AM, Anonymous Serendip said...

Love the picture. I agree with Brooke. The prices of oil have dropped to $52 and it's going to go even lower...he can enjoy this while it lasts.


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