Chavez

Interesting. Reason why the left should worry about Chavez. Reason number 4.

CHAVEZ WANTS TO BECOME A WORLD BANK. Few causes have impassioned the left more in the last few decades than the foreign debt of underdeveloped nations, which is attributed to a conspiracy on the part of big banks and their government backers. Chávez is fast becoming a creditor to many Latin American nations by buying their sovereign bonds (which are issued only after he offers to buy them.). He has become an IMF and a World Bank onto himself. Argentina and Ecuador combined owe him a bit less than $2 billion so far.

Read the whole thing. I was at a party once of the basic Boulder County liberals and there was a woman there from Venezuela. Just for fun, someone brought up Mr. Chavez to get her take on him and his persecution from the US. She thinks he’s a loon too! It was one of those priceless moments.

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