Hugo Chavez would rule for life

October 18, 2004 – 8:26 pm

Venezuelan National Assembly yesterday adopted a law authorizing the introduction of direct presidential rule the country for a period of 18 months.

Now Chavez will be able to decide who will have the force of law. For the record, he promised his people to build socialism on the Cuban model. According to Chávez, the construction of socialism will take about ten months.

The President Chavez is going to want to lift restrictions on the number of terms that one person can hold the post of president. He also plans to nationalize key sectors of the economy, including energy and telecommunications. In addition, he is preparing to withdraw refineries in the region of Orinoco from their foreign owners.

immediate plans for the Venezuelan leader, renaming the country’s “Socialist Republic” and the transfer of control packets State enterprises established in Venezuela by foreign oil companies.

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