Dr. Paul Craig Roberts: Hugo Chavez

Paul Craig Roberts was Assistant Secretary of the Treasury during President Reagan’s first term. He was Associate Editor of the Wall Street Journal. He has held numerous academic appointments, including the William E. Simon Chair, Center for Strategic and International Studies, Georgetown University, and Senior Research Fellow, Hoover Institution, Stanford University.

Hugo Chavez (Paul Craig Roberts, March 12, 2013):

On March 5, 2013, Hugo Chavez, President of Venezuela and world leader against imperialism, died. Washington imperialists and their media and think tank whores expressed gleeful sighs of relief as did the brainwashed US population. An “enemy of America” was gone.

Chavez was not an enemy of America. He was an enemy of Washington’s hegemony over other countries, an enemy of Washington’s alliance with elite ruling cliques who steal from the people they grind down and deny sustenance. He was an enemy of Washington’s injustice, of Washington’s foreign policy based on lies and military aggression, bombs and invasions.

Washington is not America. Washington is Satan’s home town.

Chavez was a friend of truth and justice, and this made him unpopular throughout the Western World where every political leader regards truth and justice as dire threats.

Chavez was a world leader. Unlike US politicians, Chavez was respected throughout the non-western world. He was awarded honorary doctorates from China, Russia, Brazil, and other countries, but not from Harvard, Yale, Cambridge, and Oxford.

Chavez was a miracle. He was a miracle, because he did not sell out to the United States and the Venezuelan elites. Had he sold out, Chavez would have become very rich from oil revenues, like the Saudi Royal Family, and he would have been honored by the United States in the way that Washington honors all its puppets: with visits to the White House. He could have become a dictator for life as long as he served Washington.

Read moreDr. Paul Craig Roberts: Hugo Chavez

Executive Orders To ‘Assassinate Foreign Leaders’ Emanate Directly From The US President

Related info:

Bolivian President Evo Morales ‘Almost Certain’ Hugo Chavez Was Poisoned

The Death of Hugo Chavez. Executive Orders to “Assassinate Foreign Leaders” Emanate Directly from the US President (Global Research, Updated March 10, 2013):

The Revocation of Executive Order 12333 which banned the CIA from conducting “targeted assassinations”

Was the president of Venezuela Hugo Chavez Frias the object of a targeted assassination by the Obama administration?

When addressing this question, it is worth recalling that in the immediate wake of September 11, 2001, President George W. Bush restored the sordid practices of the CIA by revoking a ban initially enacted in 1976 by President Ford under Executive Order 11905.  The latter stated:  “Prohibition on Assassination. No employee of the United States Government shall engage in, or conspire to engage in, political assassination.”

President Gerald Ford had issued EO 11905 in response to the findings of the 1975 Interim Report of  the  US Senate Select Committee on Intelligence, entitled Alleged Assassination Plots Involving Foreign Leaders.

This Select Committee was led by Senator Frank Church.

The “Church Committee” Interim Report, focused on alleged plots to kill:

• Patrice Lumumba (Congo)
• Fidel Castro (Cuba)
• Rafael Trujillo (Dominican Republic)
• Ngo Dinh Diem (Vietnam)
• Rene Schneider (Chile)

Read moreExecutive Orders To ‘Assassinate Foreign Leaders’ Emanate Directly From The US President

Bolivian President Evo Morales ‘Almost Certain’ Hugo Chavez Was Poisoned


Bolivian President Says “Almost Certain” Chavez was Poisoned (RIA Novosti, March 10, 2013):

CARACAS – Bolivian President Evo Morales said Saturday he was “almost certain” that “the empire” (the United States) had poisoned his political ally, late Venezuelan leader Hugo Chavez, regional media reported.

President Chavez, who led Venezuela for 14 years, died Tuesday at the age of 58 after a two-year-long fight against cancer.

Read moreBolivian President Evo Morales ‘Almost Certain’ Hugo Chavez Was Poisoned

Venezuela: President Hugo Chavez Is Dead

Venezuelan leader Hugo Chavez dies (CNN

Hugo Chavez, Venezuelan leader and US foil, dies (CBS News)

Venezuelan President Hugo Chavez dead after battle with cancer (Fox News)

Hugo Chavez: The 60 Minutes interview (CBS News)

Venezuela’s Hugo Chavez dies from cancer (Reuters)

Key Dates in Hugo Chavez’s Political Life (ABC News)

Hugo Chavez dies at 58 (Washington Post)

Venezuelans pour into streets to mourn Hugo Chavez (Huffington Post)

Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%!

Coming to a country near you … soon.

Got gold and silver?

–  Venezuela Launches First Nuke In Currency Wars, Devalues Currency By 46% (ZeroHedge, Feb  10, 2013):

While the rest of the developed world is scrambling here and there, politely prodding its central bankers to destroy their relative currencies, all the while naming said devaluation assorted names, “quantitative easing” being the most popular, here comes Venezuela and shows the banana republics of the developed world what lobbing a nuclear bomb into a currency war knife fight looks like:


And that, ladies and gents of Caracas, is how you just lost 46% of your purchasing power, unless of course your fiat was in gold and silver, which just jumped by about 46%. And, in case there is confusion, this is in process, and coming soon to every “developed world” banana republic near you.

and just as we (and Kyle Bass) have warned – this is what happens to the nominal price of a stock market as currency wars escalate… how do those US investors who flooded Venezuela with cash feel now? bringing back those VEF gains is going to hurt…

The chart above is a free lesson in nominal vs real: the hardest lesson for some 99.9% of the world’s population to grasp. One person who certainly knows how to devalue a currency in real terms is FDR, whose 70% devaluation of the USD courtesy of executive order 6102, is merely an appetizer of what is about to be unleashed upon the US.

From Bloomberg:

Venezuela devalued its currency for the fifth time in nine years as ailing President Hugo Chavez seeks to narrow a widening fiscal gap and reduce a shortage of dollars in the economy.

Read moreVenezuela Launches First Nuke In Currency Wars, Devalues Currency By 46%!

How The Glorious Socialist Revolution Generated A 681% Return For Goldman Sachs

How The Glorious Socialist Revolution Generated A 681% Return For Goldman Sachs (ZeroHedge, Jan 30, 2013):

Back in 2011, BlackRock’s Larry Fink revealed one of the great unspoken truths of capital markets, namely that “markets like totalitarian governments.” They also like authoritarian socialism, sprinkled in with a healthy dose of nationalization, because as Bloomberg reports, one of the biggest beneficiaries of over ten years of the “glorious socialist revolution” in Venezuela, coupled with over 1000 nationalizations by the bed-ridden and roughly 15 times deceased Hugo Chavez (if one believes all the rumors), is none other than Goldman Sachs, which generated some 681% in returns due to “aligning its interests” with those of the unshakable Venezuelan ruler.

From Bloomberg:

Since taking office in 1999, Hugo Chavez has spread his socialist revolution in Venezuela by seizing more than 1,000 companies. For bondholders that stuck by him, he’s also delivered returns that are double the emerging- market average.

The 681 percent advance, equal to 14.7 percent annually, has enriched investors from OppenheimerFunds Inc. to Goldman Sachs Asset Management LP that counted on Chavez’s willingness to siphon the country’s oil wealth to pay its creditors in the face of start-stop growth and falling reserves. While his policies drove away enough investors to keep Venezuela’s borrowing costs over 12 percent on average during his tenure, or 4 percentage points higher than those of developing nations, he’s never missed a bond payment.

Read moreHow The Glorious Socialist Revolution Generated A 681% Return For Goldman Sachs

Venezuela: President Hugo Chavez Battling ‘Severe’ Lung Infection, Respiratory Failure

Chavez battling ‘severe’ lung infection, respiratory failure (CNN, Jan 3, 2013):

Venezuelan President Hugo Chavez is battling a “severe” lung infection that has caused respiratory failure, a top official said.Chavez, 58, has been hospitalized in Cuba since undergoing cancer surgery more than three weeks ago.

He is following a strict treatment regimen for “respiratory insufficiency” caused by the infection, Venezuelan Information Minister Ernesto Villegas said in a televised statement Thursday night.

The information minister did not provide details about the treatment or prognosis.

Read moreVenezuela: President Hugo Chavez Battling ‘Severe’ Lung Infection, Respiratory Failure

Venezuelan President Hugo Chavez Says His Cancer Is Back, Will Go To Cuba To Undergo Surgery (CNN)

Chavez says his cancer is back (CNN, Dec 9, 2012):

Havana — Venezuelan President Hugo Chavez announced late Saturday that his cancer has returned and that he will go to Cuba to undergo surgery.

Speaking during a televised address from the presidential palace, he said that if his health were to worsen, Vice President Nicolas Maduro should replace him.

Read moreVenezuelan President Hugo Chavez Says His Cancer Is Back, Will Go To Cuba To Undergo Surgery (CNN)