Venezuela’s President Hugo Chavez must be jealous that he doesn’t own a car company. I think he’s hoping for a return of the Dodge Shadow as well. Reuters reports from Caracas:
CARACAS (Reuters) – Venezuela’s President Hugo Chavez said on Tuesday that he and Cuban ally Fidel Castro risk being more conservative than U.S. President Barack Obama as Washington prepares to take control of General Motors Corp.
During one of Chavez’s customary lectures on the "curse" of capitalism and the bonanzas of socialism, the Venezuelan leader made reference to GM’s bankruptcy filing, which is expected to give the U.S. government a 60 percent stake in the 100-year-old former symbol of American might.
"Hey, Obama has just nationalized nothing more and nothing less than General Motors. Comrade Obama! Fidel, careful or we are going to end up to his right," Chavez joked on a live television broadcast.
Obviously since Venezuela has nationalized much of its economy so there really no danger of that happening…. Yet. I mean it only took Chavez a decade to get to where he is at. Who knows what can be accomplished in a 4-8 year Obama administration? Great.
At least Chavez sees the direction that Obama is heading when the enamored media doesn’t seem to have a clue.
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