posted on Aug, 16 2004 @ 04:07 PM
Jimmy Carter’s team as well as the Organization of American States (OAS) are two of the international organizations observing the Venezuelan election
who have endorsed official results showing Venezuelan President Hugo Chavez won Sunday's vote to remain in office. The international community will
likely take the election and the result as valid. The opposition is attempting to claim massive fraud.
Mr Carter urged them to accept the result and to "work together for the future".
...His opponents, who are mostly white, middle-class and control most of the media and business, ... A spokesman for the Democratic Co-ordinator
opposition coalition, Henry Ramos Allup, said fraud and "gross manipulation" had taken place. "We categorically reject the results," he said.
…The opposition has called for a massive rally in the capital, with protesters blocking a highway and streets in the eastern part, AFP news agency
If his victory is confirmed, it will be the eighth time Mr Chavez has won public approval of his rule and his policies, after two presidential
elections and six referendums. … Observers say this referendum is unlikely to put an end to the conflict. They warn that in fevered Venezuela violence
is never far away.
Please visit the link provided for the complete story.
It seems clear to me that the class conflict going on in Venezuela at the present time is being fueled by the upper class. They are unhappy with
Chavez’ policies on oil and are stirring up conflict. They don’t like him bartering oil to Cuba in return for medical technology as it circumvents the
mighty petrodollar. They are unhappy that he raised the tax on oil exports to a measly 15% to pay for social programs. The oil belongs to them why
should they not benefit from it?
Venezuela has been receiving about half of its revenues from the state owned Petróleos de Venezuela, S.A. (PDVSA).(3) So providing more for
the country's poor multitudes necessarily meant maximizing the gains from Venezuela's rich national resource, oil. This entailed altering the
60-year-old agreement with foreign oil companies "that charges them as little as one percent in royalties," plus handing them huge tax breaks,
according to the London Guardian (4) The giant transnational oil corporations and business interests, coveting all that black gold, had far different
plans. Not surprisingly, the PDVSA figured heavily in all the intrigue and machinations leading to the coup. "Opposition business leaders have said
openly that they want to depose Chávez "so they can boost oil production or even privatize the country's cash cow [PDVSA]....they have been enraged
...over Chávez's efforts to take resources from the rich to aid the poor, who represent 80 percent of the population," says Newsday writer, Letta
I wonder how the Bush Administration will react to this referendum?
For some background on the oily Bush Administration’s role see Coup-making in Venezuela: the
Bush and oil factors
[edit on 8-16-2004 by Valhall]