The same path to hell
It is the same story all over again. The popular leader riding on the wave of taking from the rich and distribute the wealth "back" to the people. But as time pass it become harder and harder to squeeze the disappearing wealth and the "leader" needs more power to fulfil his promise. The demand for more power is typically like this:
President Hugo Chavez says he wants "revolutionary laws" to enact sweeping political, economic and social changes.
He has said he wants to nationalise key sectors of the economy and scrap limits on the terms a president can serve.
Mr Chavez began his third term in office last week after a landslide election victory in December.
The bill allowing him to enact laws by decree is expected to win final approval easily in the assembly on its second reading on Tuesday.
Venezuela’s political opposition has no representation in the National Assembly since it boycotted elections in 2005.
One can only wonder how far are we from the gulags?
Technorati Tags: Hugo Chavez - Socialism - Revolutions - Human Rights - The Free Market
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