Chavez, Fidel Castro's clone, chose May 1 as the day to announce the nationalization of the major international oil companies operating in Venezuela.(The Week)(Hugo Chavez)(Brief article)

From: National Review | Date: May 28, 2007 | Copyright information

Chavez, Fidel Castro's clone, chose May 1 as the day to announce the nationalization of the major international oil companies operating in Venezuela. Every May 1 Communists used to hold triumphalist parades, and the symbolism may well be intended by Chavez, who loves to quote Marx and Lenin. Petroleos de Venezuela, the state oil company, has not got the billions of dollars required to pay for the expropriated assets, and the companies are negotiating what they are to receive, which...