Chavez Wants More Power
Venezuela had been a country where both working and retired expats have felt welcome for decades. Great beaches, friendly people, cheap beer, cheap gasoline.... What more could anyone ask for?
Change is afoot. President Hugo Chavez, who was re-elected by a wide margin last month, claims he is committed to democracy, but he is now leaning toward authoritarianism. He has asked the National Assembly, which is entirely pro-Chavez, for “special powers which would enable him to enact laws by decree for a period of 18 months. The National Assembly will wait until next Tuesday to grant final approval.
The laws Chavez want to enact include nationalizing the Electricidad de Caracas and C.A. Nacional Telefonos de Venezuela (CANTV) the country’s largest publicly traded company. He also wants to increase taxes for Venezuela’s rich.
Some 400 to 500 protesters, blowing whistles and carrying flags, voiced their opposition in a peaceful protest in Caracas this week..
