Venezuelan President Hugo Chavez's left-wing, oil-fueled revolution fizzles out.
So it was a sign that things perhaps weren't looking good for the fiery, anti-U.S. leader Sunday night when he didn't appear on the balcony of Miraflores, the Caracas presidential palace, pumping his fists and crowing confidently about victory. Venezuela's polls had closed in a national referendum on a raft of constitutional reforms that would have profoundly tightened his hold on political power in Venezuela — including an amendment to eliminate presidential term limits (which currently last six years). Instead, Chavez's Vice President, Jorge Rodriguez, appeared as the night wore on and told reporters, "We will respect the result, whatever it is."
Finally, Coming to Grips with Chavez. To the astonishment of his opponents, Chavez did. At around 2 am this morning, Caracas time, Chavez conceded his first electoral defeat since winning Venezuela's presidency in 1998.
Finally, Coming to Grips with Chavez. To the astonishment of his opponents, Chavez did. At around 2 am this morning, Caracas time, Chavez conceded his first electoral defeat since winning Venezuela's presidency in 1998.
After facing an unusually strong protest movement on the streets of Venezuela's major cities his reforms were narrowly beaten back by a 51% to 49% margin. The results shows that Chavez cronies can't count and the fix was in, however they did not expect the Venezuelans to come out and vote against, the Castro wanna be.
Only about half of Venezuela's 16 million registered voters showed up at the polls on Sunday, yeah...I bet. Low turnout was supposed to have hurt the opposition's NO vote.
In the end it was Chavez, thought to have a reliable populist political machine at his disposal to get out the YES vote, HAHAHAHA, who couldn't rouse his base among Venezuela's majority poor. Despite having benefited from Chavez's vast socialist project, the poor backed away from his bid to realize "21st-century socialism,".
Venezuelans also appear to have told Chavez and his Bolivarian Revolution "NO".
I know some Venezuelans, and they are smart people. I was surprised that a bum like Hugo Chavez could take over a Country like Venezuela and get as far as Chavez did. God Bless the Spirit of Venezuela and its people who see Chavez for what he is, a thug.
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