Hugo Chavez waiting for USA to announce that Venezuela has WMDS

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K

Sun, 13 Mar 2005 01:28:39 -0500

Subject:President Hugo Chavez waiting for USA to announce that

Venezuela has WMDS

 

No world leader is telling it like it is as well as Hugo Chavez. Go Hugo

 

Honky

 

 

 

President Hugo Chavez waiting for USA to announce that Venezuela has WMD

 

THE INTERNATIONAL FORECASTER editor Bob Chapman writes: Venezuela's

President Hugo Chavez has again spoken out against the Bush

administration saying the US is planning to portray his country as a

security threat in order to capture its vast oil reserves ... " We are

just waiting for the US to announce that Venezuela has WMD. "

 

Mr. Chavez has repeatedly accused George Bush of plotting to

assassinate him.

 

US officials have called him a threat and a destabilizing force

because they want an excuse to take over Venezuela's oil reserves.

 

" They want to control our oil and use it for themselves. They went

to Iraq thinking they will control Iraq's oil reserves but I doubt

very much they will ever control that country. "

 

Speaking to members of the Communist Party of India, President of

Venezuela Hugo Chavez Frias proclaimed he was not a Communist,

although he said some of his friends such as Fidel Castro are.

 

Mr. Chavez describes himself as a " patriot nationalist. "

 

Mr. Chavez, while in India, signed several agreements and will appoint

an honorary consul in Kolkata. India will import oil output from a

Venezuelan oilfield, which will be jointly explored by both countries.

 

Iran and Venezuela have signed an agreement this week to build a

cement factory and a car assembly plant. They have also made broad

agreements in oil, gas and petrochemicals.

 

There is no question Mr. Bush is now under pressure being the US

gets a good part of its oil from Venezuela. Mr. Chavez has also made

deals with China, Russia, Brazil and India, all of whom are not pro-US.

 

For the next two years the economy of Venezuela should grow 6%

annually and unemployment should be 10% by year-end, down from 14.2%

last August.

 

Inflation could fall to 11% by year-end.

 

Hydro electrical is being updated. The country services 70% of its

energy from hydro. Agriculture is also a priority.

 

We have noted a number of times the disparity in oil prices and prices

of other products ... in order to receive the income they received in

1974, oil would have to be US$73.00 a barrel.