The Billion Dollar Book

December 5, 2006

The recent landslide victory of President Hugo Chavez is disturbing news for certain multi-national corporations. With 61 percent (at latest count) of the popular vote, many world leaders find it disturbing to their plans for a New World Order.

To get a better insight of what is going on in Venezuela, I will quote parts of a recent news article about the re-election of President Chavez. (News paper quotes will be in italics and my comments will be without italics.)

The following comes from the Associated Press of December 3, 2006.

Chavez said. “Down with Imperialism! We need a new world!”

We have heard this many times, and usually said by Communist countries, but also by nationalist countries that would have nothing to do with Communism. We have seen what imperialism has done with the recent wars waged by the United States and Great Britain leading the fight.

He has channeled oil profits toward multibillion-dollar programs for the poor including subsidized food, free university education and cash benefits for single mothers.

Can you imagine international oil companies doing this? No way. What they do is they get 80-90 percent of the oil profits, leaving very little to be used by the nation whose oil it is. With the local politicians getting their “profit”, little is left for the people. This is not theory but fact, as expressed by people who have worked for the World Bank and International Monetary Fund, and also by observers working close to the government in the nation where the oil is extracted from.

You can take a look at Ecuador where most of the oil profits go to international corporations. In Venezuela, it used to have the highest economic standard years ago—before Chevez became President. Other countries in years past also had a higher standard of living—until the International Bankers got finished with them.

What happens in a very short outline is that these nations are deliberately put in debt that the banks know that they can’t pay back. So when this occurs, there is in the contract, or a deal made after default occurs that they have to give the majority of their profits to certain corporations. (See the book, I was an Economic Hit-man.)

Thus, this is how people become un-employed or under employed. Then there has to be a re-distribution of wealth or at least some form of government welfare.

He has also helped allies from Cuba to Bolivia with oil and petrodollars.

These are the poorest nations of South America, and can you guess who made them poor? With the artificially high oil prices, how can these nations afford oil from the international markets? The fact that Chavez is helping them is good.

The challenger of Chavez is Manuel Rosales. Though he lost, you can see by the article and the 169 photos of the election of how much media coverage was given to the loser. You can bet that if Rosales won, there would be a lot less coverage of the loser. This trend and media propaganda can be seen in any nation where Washington and London’s puppet candidate loses—the opposition gets a lot of coverage. Yet if their choice of candidates wins, you will not see nearly as much media coverage of the loser.

With America being a so-called advanced nation, million of Americans know of the outright fraud of our elections. Yet the media in America gives snide remarks that Venezuela had voting fraud.

Another member of Rosales camp had accused pro-Chavez soldiers of reopening closed polling stations and bussing voters to them.

Is there any proof of that? NO. But even the losing challenger, Rosales adviser, Teodoro Petkoff said the voting was carried out in a “satisfactory manner.”

Whereas in the US, individuals had come forth in admitting they were told to tamper with the electronic voting machines!

Now listen carefully with what Rosales said:

Rosales’ campaign had endorsed the electronic voting system as trustworthy—as long as no attempts were made to thwart it.

The very fact that anyone supports an electronic counting process is not really for honest elections. You can see not only by the American Presidential Election in 2000, but in other elections, including the 2006 local elections, of how easy it is to tamper with the voting and how it is undetectable (unless someone comes forth and admits it).

Sure Rosales would like the electronic voting machines, as there would be no paper trail to physically count to make sure there was an honest election.

The president insists he is a democrat and will continue to respect private property—though he has boosted state control over the oil industry and has said he might nationalize utilities.

The fact that there is private property during his previous term as president and continues up to today, shows that he is not the Communist in the typical Soviet sense. Thus, don’t let the red flags and his words of “socialism” scare you. (More talk about socialism later.)

When people hear about the government nationalizing the oil and utility industries, people think of Communism. They think of profit taken away from the companies. But let’s look at what has happened when oil and utility companies do.

These multi-billion dollar companies take everything from the country and give practically nothing back. That is why they turn once prosperous economies into economic disasters. The social services and infrastructure that was build before the international corporations started taking the lion share of the profits (because of a forced loan that said country defaulted on), is now gone.

The fact is that international companies profit (as well as other types of companies) before, while at the same time the economy of the nation they were in also profited, attributes to the win-win situation of the business relationship. But when companies start figuring out ways to get the lions’ share of the profits, that’s when the local citizenry starts living in poverty and want.

Venezuela is the world’s fifth largest oil exporter and soaring oil prices have made it the continent’s fastest growing economy.

It’s not just soaring prices—which helps—but the fact that it has so much oil. It had a lot of oil before Chavez became president, but its economic status was less because of the huge profits that the foreign companies wanted. Now the people are starting to see some of this profit.

Chavez has pledged at least $1.1 billion in loans and financial aid to Latin American countries and the past two years, and billions more in bond bailouts…

Notice the money that is being used to help others, and this does not mention the billions more that is spent on its own people each year. Despite all this outlay, the government can still sell oil for 10-15 cents a gallon!

What do Americans get? They get huge prices at the pump and they get noting returned to the economy. To say that this can’t be done is demonstrated wrong when you see what the Venezuela people get from the result of their oil.

Why do governments at times have to nationalize this company or that company? True, it might be greed on their part, as the politicians represented the real power brokers of the nation. And that in time this is then turned over to more powerful companies for a fraction of the price. However, occasionally in history there are governments that show some honesty. They are forced to nationalize a company that was raping the people of having a product or service at a fair price, and when there are no other companies in the same industry to provide a choice for the people, as would normally be the case in a market economy.

Another help that President Chavez has done is:

…sending the island oil while thousands of Cubans doctors treat Venezuela’s poor for free.

People helping people—I like that! That’s an effective and creative use of using the oil. Think of other ways nations can trade or barter what they manufacture or services produced that can help their own people and neighboring countries.

Chavez has called his country “socialism”, and the West gets scared. What hypocrites. They get scared because Chavez is not the darling the Washington and Wall Street elite. So it has “socialism”. So does most countries of Europe, including the United States. Yet we don’t hear people shout “Communism”.

What kind of socialism is it? It certainly doesn’t look like the Marxist kind where people are put in gulag camps and were private property is prohibited.

It looks more like social love of its people. Like “Community interest before self interest.”

Community interest before self interest does not mean that everything is divided between all the people (like the theory of Communism). You can have personal and business profit, but NOT when it harms the people. For example, if you are putting up a factory but this factory is contaminating the local water supply-this should not be allowed. But if the factory installs a filter system where pollutants are not discharged in the water—that is fine.


Summary

When the corrupt politicians and certain international business corporations are against a candidate such as Chavez, you can be sure that Chavez is the better candidate. The person that is running for office or is already in office that the Power Brokers in Washington are against is usually the better person.