:screwy:Venezuela assembly gives Chavez decree powers
Fri Dec 17, 2010 6:24pm EST
* Socialist president given powers for 18 months
* Chavez had asked for one year
* Move is part of a raft of legislation
* Parliament also passed tough new banking rules (Adds details, background)
CARACAS, Dec 17 (Reuters) - Venezuela's parliament gave President Hugo Chavez decree powers for 18 months on Friday, outraging opposition parties that accused him of turning South America's biggest oil producer into a dictatorship.
The move consolidated the firebrand socialist leader's hold on power after nearly 12 years in office, and raised the prospect of a fresh wave of nationalizations as the former paratrooper seeks to entrench his self-styled "revolution."
Chavez had asked for the fast-track powers for one year, saying he needed them to deal with a national emergency caused by floods that drove nearly 140,000 people from their homes.
But the Assembly, which is dominated by loyalists from his Socialist Party, decided to extend them for a year and a half.
That means the president can rule by decree until mid-2012, and can keep opposition parties out of the legislative process until his re-election campaign is well under way for Venezuela's next presidential vote in December of that year.
Yup. I heard someone talking the other day say that marxism, communism, and socialism as they are practiced in the real world are all just modern window dressing on a pig named old fashioned feudalism. Rich powerful elites controlling populaces by controlling the media (the new opiate of the people) and their false political doctrines replacing the doctrines of religion.gunsmoker said:What's next for Chavez--- to announce that elections are no longer necessary and that he is president for life?
And when his life his over, his son or some other blood relative will replace him, as we all know the best communist dictatorships (Cuba, N. Korea) have to have a royal family ruling them.
I am not a fan of this joker, but from what I understand, he's had the authority to rule by decree and gave it up after it expired three separate times in the past. Of course, he might not be so willing this time, with his majority gone. We shall see. I don't think it will fare well for the telecommunications and IT entities in Venezuela this time around.samman23 said:let's see how willingly he will give it up after 1 year.