After socializing and devastating vast swaths of the Venezuelan economy, socialist “President” Hugo Chavez announced that his government was nationalizing a fleet of oil rigs owned by an American firm.

Following a cooperation deal with Colombia last year, the United States military this week announced plans to further expand its influence throughout Latin America, using agreements with various governments including Brazil and Peru.

Venezuela’s socialist “President” Hugo Chavez is attracting increasing criticism as his regime steps up arrests and intimidation of opponents despite a massive international outcry.

Putin  and ChavezAs the implosion of Venezuela’s economy accelerates and the capital Caracas remains plagued by power outages, socialist “President” Hugo Chavez and the Russian regime announced myriad new agreements including a multi-billion dollar proposed arms package and increased cooperation in the fields of nuclear energy and oil exploration.

Hugo ChavezIn his latest paranoid crackdown on free speech, socialist Venezuelan “President” Hugo Chavez arrested the chief of the last critical television network as well as a popular former governor. Their alleged crimes: criticizing the regime.

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