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Venezuela's Hugo Chavez Is Dead

Tyler Durden's picture


The most unsurprising news of the day has just hit, and while we have already had some 20+ rumors on this issue previously, this time it is official:

  • Venezuela's Hugo Chavez has died, says VP Maduro
  • Chavez who ruled Venezuela since 1999, died from cancer at the age of 58
  • Venezuela's army chiefs pledge to support President Nicolas Maduro after Hugo Chavez's death
  • Special deployment of armed forces announced in Venezuela after death of Hugo Chavez

The solemn announcement:

Time to celebrate Hugo's memory with some more currency devaluation? It is unclear if Goldman's record profits on Venezuela exposure (see How The Glorious Socialist Revolution Generated A 681% Return For Goldman Sachs) are about to snap back with a vengeance.

Below is what appears to be a pre-prepared obit from the Telegraph:

Hugo Chavez

Hugo Chavez, the President of Venezuela who has died aged 58, was a shrewd demagogue and combined brash but intoxicating rhetorical gifts with a free spending of oil revenues to turn himself into a leading figure on the world stage

Although no intellectual, Chávez was interested in history and in the power of ideas, and had boundless ambition, both for himself and his country, all fuelled by oil money that gushed into his nation’s coffers in the early years of the new millennium. It was a potent mix.

He first came to public attention in February 1992 when, as a young parachute regiment officer, he made a fleeting appearance on Venezuelan television screens during a botched coup attempt. The elected government survived, and Chávez went to jail. But he was not forgotten: he had told the television audience that he would be back, and within six years he was. He won the 1998 presidential election, and set about making sure that only he would decide when the time had come for him to go.

Thereafter he won election after election, changing the constitution when necessary, and dividing the country into bitterly antagonistic pro- and anti-Chávez camps. His admirers worshipped him as the fearless defender of the poor and nemesis of American imperialism; his opponents regarded him as an almost unmitigated disaster, bringing strife and shame to their country.


Certainly, in the early 1990s, Venezuela was crying out for an anti-establishment saviour. Civilian politicians (who had ruled the country after the last military dictator was thrown out in 1958) were jaded and discredited. The oil price boom of the mid-1970s had financed an orgy of consumption, but things had turned sour when government revenues dwindled; when President Carlos Andrés Pérez was elected for a second term in 1989, he was forced to make heavy spending cuts.

In response, the inhabitants of the teeming shanty towns ringing Caracas, who had not prospered even during the boom years, descended on the city centre to riot, loot and burn. Pérez unleashed the army on them, and hundreds died, perhaps thousands.

Lieutenant-Colonel Hugo Chávez was ill at the time, and took no part in the bloodletting. But the repression helped to crystallise his political aims and ideas. He and a group of like-minded young officers had begun a decade earlier to discuss what was going wrong with their country, and how things could be put right.


They blamed the political parties for waste and corruption on a grand scale — for frittering away money that should have been spent on health, education, welfare, housing, roads and job creation — and formed their own clandestine political organisation, the Revolutionary Bolivarian Movement (MBR-200), named after Venezuela’s great national hero Simón Bolívar, the father of South American independence from Spain.

MBR-200 forged links with some, but not all, of Venezuela’s many Left-wing organisations, and began to plot. In early 1992 it made its move, briefly occupying the presidential palace. But the attempted coup was premature, and Chávez spent the next two years in prison. He used the time to refine his political ideas, so that, when he received a pardon from President Rafael Caldera in 1994, he was ready for his next venture.

Far from sinking into obscurity, as Caldera and his advisers had expected, Chávez and MBR-200 — renamed the Fifth Republic Movement (MVR) — went from strength to strength. His tub-thumping nationalism and vitriolic denunciations of the ruling elite struck a chord with a growing number of people, fed up with the incompetence and venality of their rulers and impatient for change. Despite this ready-made following, however, Chávez remained convinced that a coup was the only way to power.

The turning point came when Francisco Arias Cárdenas, a fellow Leftist military officer and plotter of the 1992 coup, won an election that made him governor of the oil-rich Zulia state in 1995. Chávez, realising that he could win political power through ballot box, ditched plans for military intervention and pressed ahead with building an electoral strategy instead.


He acquired particular loyalty in the urban shanty towns, which had attracted migrants from all over Venezuela and neighbouring countries during the oil boom years, and had become sinks of unemployment and crime when the hard times came. Nonetheless, at the start of the campaign in 1998, he was well behind the initial favourite, Irene Sáez (a former Miss Universe). As polls showed his fortunes improving, Venezuela’s two established political parties, Copei and Democratic Action, allied to block his candidacy, throwing their weight behind Henrique Salas Romer. It made no difference: on December 6, Chávez won 56 per cent of the vote.

Once in power, with world oil prices soaring again and the dollars flowing in, Chávez began to flex his muscles. A new constitution in 1999 changed the country’s official name to Bolivarian Republic of Venezuela. Within a few years he was proclaiming that Venezuela was on the road to “21st century socialism”, and he was in the vanguard of a movement to challenge American hegemony and create a “multipolar” world.


Hugo Rafael Chávez Frías was born on July 28 1954 in the small town of Sabaneta, in the western state of Barinas. Both his parents were teachers. In 1971 he enrolled in the Venezuelan military academy, passing out four years later as a second-lieutenant. His military career ended when he was cashiered following the 1992 coup attempt.

But as President he was also commander-in-chief of the armed forces, and he kept close control of the military, purging the upper ranks of detractors and putting his own supporters in key positions; he also installed senior officers in hundreds of government and administrative posts.

Chávez took the idea of a military-civilian revolution partly from an eclectic mix of Right- and Left-wing ideologies, and also from the Cuban revolution. Fidel Castro was his mentor and inspiration, and it was Cuba that provided Venezuela with thousands of doctors, nurses, teachers and other trained personnel, needed to fill the gaps in state provision as Chávez lavished vast sums on social improvement schemes.


The most striking feature of Chávez’s political style was his aggressive, confrontational manner. He went out of his way to pick quarrels with both the United States and the Venezuelan political and economic establishment, which he liked to satirise in marathon speeches carried compulsorily on all Venezuela’s television channels, as a “rancid oligarchy” in the pay of Washington.

He was equally derisive of the hierarchy of the Roman Catholic Church, which was an influential opinion-former in a deeply Catholic country. The bishops’ offence was to criticise many aspects of his rule, particularly his growing authoritarianism and intolerance of dissent.

Chávez observed the forms and procedures of representative democracy – elections, parties, parliament – but his was a highly personal rule. He persuaded the government-controlled legislature to grant him special powers to rule by decree, enabling him to introduce sweeping changes to key sectors of the economy, including the oil industry and land ownership.

These actions outraged opposition parties, trade unions and the private sector, which occasionally came together to resist; most of the time, however, they squabbled amongst themselves. Their attempts to unseat him failed, including a coup in April 2002 that lasted just 48 hours before Chávez was swept back into power by loyal military officers and mobs from the shanty towns. The President claimed that Washington had been involved in planning the plot, and insisted thereafter that the Bush administration was planning to assassinate him and/or invade Venezuela.


In December 2006 Chávez was re-elected (for a third term; his first rewriting of the constitution required new elections to be held in 2000). He won 63 per cent of the vote, defeating his conservative rival, Manuel Rosales, who represented most of the fragmented opposition. The 7.1 million votes Chávez secured fell far short of the 10 million he had predicted, but it was enough to give him a clear mandate.

He decided that the constitution needed to be changed again, to allow him to rule indefinitely, a span necessary, he said, to complete Venezuela’s transformation into a “socialist and Bolivarian republic”. He estimated that the project could be completed by 2021.

Changes in that general direction had already been made in Chávez’s first eight years in power, notably by strengthening the role of the state oil company, PDVSA; imposing much tougher terms on foreign oil companies operating in Venezuela; expropriating land deemed to be underused or lacking legal deeds; and giving the state greater control over the education and communications systems.

Massive increases in public spending, fuelled by oil revenues, were the key to his popularity. The downside was inflation, corruption, waste and a scramble for resources and influence among rival factions that all claimed to be chavistas.

But his regime failed to create an upsurge in employment to match the flood of oil-cash, or to redistribute income, and violent crime remained a problem that Chávez was reluctant to acknowledge, much less tackle. His only response was to argue that such were the problems of the “transition” period; his inauguration in early 2007 would mark the beginning, he said, of the next stage of the revolution.

If so, it got off to a rocky start. Proposed constitutional reform, including terms that would increase the president’s powers and allow him to run indefinitely, was rejected at a referendum in December that year. It took a second attempt, in February 2009, for Chávez to secure the changes that allowed him to stand for office as many times as he wished.


Meanwhile his fiery anti-American rhetoric helped to make him an international celebrity. He toured the world, cementing alliances with any countries that he identified as actual or potential challengers to the American “empire” — countries such as Iran, Cuba, Russia; even Saddam Hussein’s Iraq. He also cultivated relations with China, with the eventual aim of it supplanting the United States as the main customer for Venezuelan oil, and advocated ever-closer integration between South American countries.

Not all his diplomatic ventures were successful, however: his attempt to secure one of the temporary seats on the UN Security Council for Venezuela in 2006 was a failure, in part because of his verbal excesses. His use of the General Assembly podium to pile abuse on President George W Bush, describing him as “the Devil”, went down badly, and probably cost his country votes. Though he congratulated Barack Obama on his election victory in November 2008, indicating that he was ready to “start a process of rapprochement” with the United States, relations remained strained. And Chávez quarrelled bitterly with governments he regarded as pro-American, particularly Colombia, Peru and Mexico, and alarmed neighbouring Colombia with his large-scale purchases of weapons, ships and warplanes.

But it was at home, not abroad, that the bloodshed erupted. For under Chávez’s leadership, Venezuela became one of the deadliest countries on the planet, with more than 120,000 murders during his first decade in office. The toll was higher than in drug-war afflicted Mexico, and four-times worse than post-war Iraq, with its roughly equivalent population. Experts put the soaring murder rate down to an economy that remained sluggish even as the rest of the continent began to take off; poorly paid police, faced with inflation running at 30 per cent, were themselves accused of running kidnapping gangs.


And while politically motivated arrests of Chávez’s enemies mushroomed, 90 per cent of murders went unsolved. In 2010 a prominent opposition newspaper, El Nacional, printed a grisly photo of a police morgue, draped with a dozen of the latest murder victims. But instead of prompting a government inquiry, the paper was ordered to stop printing images of the violence, prompting claims of censorship.

By mid-2012 the death toll since Chávez’s inauguration had, according to one expert, reached 155,788. The Venezuelan Violence Observatory, a non-governmental organisation that monitors crime, said a “conservative estimate” for the toll in 2012 alone was 21,692 deaths. “Killings have become a way of executing property crimes, a mechanism to resolve personal conflicts, and a way to apply private justice,” the Observatory explained. In the pre-Chávez era, there had been about 4,500 violent deaths per year.

Chávez was accused of ignoring the problem. But that was partly because in 2011, unusually for a bombastic man determined to remain in the public eye, he had suddenly disappeared off the radar. As speculation about his health spread rapidly, it emerged that he had travelled to Cuba to have a large tumour removed. Typically, he saw this crisis as no reason to scale back his political ambitions. Though his appearances were fewer, he described his battle against cancer as a “rebirth” and turned to social media to drive his campaign to win a fourth term, from 2013 to 2019. This he secured, only to be forced to return Cuba in 2012 for further cancer surgery. In December, the Venezuelan government insisted that he was going through a “favourable recovery” but warned that Chávez might not return to Venezuela by January 10 2013, when he was due to be sworn in.

With his first wife, Nancy Colmenares, Hugo Chávez had a son and two daughters. With his second, Marisabel Rodríguez, he had another daughter. Both marriages were dissolved.

Hugo Chávez, born July 28 1954, died aged 58 in a military hospital in Caracas after suffering from a respiratory infection during treatment for cancer.


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Tue, 03/05/2013 - 17:57 | 3302313 resurger
resurger's picture


Tue, 03/05/2013 - 17:58 | 3302319 true brain
true brain's picture

He has gone from man to symbol.

Tue, 03/05/2013 - 18:00 | 3302326 redpill
redpill's picture

Sean Penn will be in tears


Only thing I feel sorry for him about is that he never got a chance to see his repatriated gold.

Tue, 03/05/2013 - 18:01 | 3302343 ParkAveFlasher
ParkAveFlasher's picture

He did, however, see enough tungsten for 10 lifetimes.

Let's be positive.

Tue, 03/05/2013 - 18:03 | 3302357 Lohn Jocke
Lohn Jocke's picture

Jackals make their move.

Tue, 03/05/2013 - 18:04 | 3302363 camaro68ss
camaro68ss's picture

didnt know you could die twice

Tue, 03/05/2013 - 18:05 | 3302373 knukles
knukles's picture

My ears pricked up when I heard something about the late Justin Bieber on the BBC news.

Tue, 03/05/2013 - 18:19 | 3302457 imaginalis
imaginalis's picture


Tue, 03/05/2013 - 18:22 | 3302478 Chuck Norris
Chuck Norris's picture

"The U.S. Navy dropped his body into the ocean according to muslim tradition"


Wrong narrative.

Tue, 03/05/2013 - 18:25 | 3302488 The Big Ching-aso
The Big Ching-aso's picture

Hu gone.

Tue, 03/05/2013 - 18:41 | 3302573 knukles
knukles's picture

Hu's on first.

Tue, 03/05/2013 - 19:01 | 3302655 THX 1178
THX 1178's picture

In Chavez's defense, he did repatriate the people's gold and didn't play along with the global banking cartel. So hes got a lot on us here in America. Something about glass houses...

Tue, 03/05/2013 - 19:13 | 3302682 Manthong
Manthong's picture

“the death toll since Chávez’s inauguration had, according to one expert, reached 155,788. The Venezuelan Violence Observatory, a non-governmental organisation that monitors crime, said a “conservative estimate” for the toll in 2012 alone was 21,692 deaths"

He died so young.. so full of promise..

He could have become Mayor of Chicago.

Tue, 03/05/2013 - 19:18 | 3302719 john39
john39's picture

according to "an expert" (employed by the cartel that desperately wants to steal Venezuela's oil and gold)....    who the hell knows what the real story is, but I can say one thing with confidence.  If the U.S. wanted him out of the way, he can't be all bad.

Tue, 03/05/2013 - 19:44 | 3302795 nmewn
nmewn's picture

If they wanted him dead it would have happened a long time ago, you're giving a common thug, wrapping himself in socialist/populist dogma, with illusions of personal grandeur, a little more credit than he deserves...IMO.

A ninety percent UNSOLVED murder rate of his own people is really all anyone needs to understand. He kept the shanty towns just as they were, like rabid dogs straining on their leashes, foaming at the mouth, waiting to be cut loose.

He was a butcher & a thief with his own purpose.

Tue, 03/05/2013 - 19:58 | 3302847 knukles
knukles's picture

Some people around here got some pretty fucked up perspectives, no?
I'm with you, bud...

Tue, 03/05/2013 - 20:16 | 3302919 Stackers
Stackers's picture

I'll miss his witty name calling.

Wed, 03/06/2013 - 11:02 | 3304636 economics9698
economics9698's picture

Chavez was a pos who was a thug who stole for his gang of thieves and paid off the Wall street bankers to stay in power.  Easily 100,000 people were killed to keep this cock sucker in power and his banker friends in the $$$$$.

Same shit as 100 years ago when the Wall Street bankers financed a dictator, stole the silver from the banks, and replaced it with useless Yankee dollars.

Anyone says this fuck was against the bankers is a fool.  He was a bankers tool and a murderer. 

Tue, 03/05/2013 - 20:30 | 3302967 nmewn
nmewn's picture

Yes they do my man.

Yes, he wanted Venezuela's gold back. Thats all fine and good, as long as it went into the national treasury for the good of the country. I have little doubt where its REALLY gonna wind up.

But I don't have a dog in this fight...its their riddle to solve...but if they need some help down there, I can work cheap as long as the land ownership & personal sovereignty is right for my final compensation ;-)

Tue, 03/05/2013 - 22:50 | 3303467 Chupacabra-322
Chupacabra-322's picture

The comment section is polarized by this news. On one hand you have people who remember how Hugo fought the International Banksters, the oil companies, and overcame the CIA sponsored coup. Then you have the regular chorus of corporate slaves yelling “commie.”

If you can get over your rigid ideologies for a moment and look at who Hugo’s enemies were, I think you’ll find he was fighting the NWO.

Tue, 03/05/2013 - 23:03 | 3303509 Totentänzerlied
Totentänzerlied's picture

The NWO disguised as innocent Venezuelan peasantry? Damn, they're craftier than I thought! Shill harder.

Tue, 03/05/2013 - 23:13 | 3303546 Manthong
Manthong's picture

The enemy of my enemy is my still my enemy if he is a selfish, oppressive evil schmuck , too.

Wed, 03/06/2013 - 08:23 | 3304211 jerry_theking_lawler
jerry_theking_lawler's picture

does anyone konw the date he was diagnosed with cancer.? does anyone then know the date he requested Venezuela's gold back.?

Wed, 03/06/2013 - 02:43 | 3303940 Anusocracy
Anusocracy's picture

The peasantry throughout most of the world is not manipulated by the US. Imagine that.

I didn't know.

Wed, 03/06/2013 - 07:29 | 3304146 Theosebes Goodfellow
Theosebes Goodfellow's picture

Adios, pendejo.

Wed, 03/06/2013 - 08:36 | 3304230 kralizec
kralizec's picture


I think the people of Venezuela deserve to see proof this asshat is dead though, then they can celebrate and get on with the business of taking their country back with a real revolution.

Wed, 03/06/2013 - 04:06 | 3304010 Kirk2NCC1701
Kirk2NCC1701's picture

"Good God... he's dead, Jim.  He's dead!"  - Dr. McCoy

Wed, 03/06/2013 - 10:05 | 3304446 marathonman
marathonman's picture

Bologna.  Fighting the NWO was the front that galvanized the 'everyman' persona.  It was all bullshit.  He was fighting for the riches of Hugo Chavez. 

Tue, 03/05/2013 - 23:33 | 3303617 Jon Bong Jovi
Jon Bong Jovi's picture

I agree. Chavez was a POS. People saying that Hugo was some martyr are fuckin' idiots. Any of you ever been to Caracas?

Try this scenario. Today's payday. I'm going down to the local appliance store to buy a new washing machine? Do I need one? FUCK NO, I've got three. I'm trying to beat inflation.

Wed, 03/06/2013 - 02:45 | 3303942 Anusocracy
Anusocracy's picture

You just described the US without world reserve currency status.

Tue, 03/05/2013 - 19:19 | 3302722 krispkritter
krispkritter's picture

Ding Dong, the Communist Bitch is Dead...gonna be warmer in Hell. Dress appropriately.

Tue, 03/05/2013 - 19:38 | 3302781 Freewheelin Franklin
Freewheelin Franklin's picture

Dead, bitchez.

Tue, 03/05/2013 - 20:17 | 3302929 dvfco
dvfco's picture

Oh Shit, I had to sign in just to find this comment and give it the thumbs up.  Mayor of Chicago.  Funny Shit.  He'd never be allowed in because he used to give away heating oil to the poor in the northeast. Chicago Mayors don't do thinks like that, even if it makes their opponents look bad.

Tue, 03/05/2013 - 19:48 | 3302701 The Big Ching-aso
The Big Ching-aso's picture

Peeps gold, eh?

Unless Hose A and Hose B actually has that gold buried under their palapas I'd bet I'm pretty accurate in saying said gold is in certain politicos safety deposit boxes right about now.

To wit there Chemosabe............



Tue, 03/05/2013 - 19:49 | 3302815 BanksterSlayer
BanksterSlayer's picture

Obama on the death of Hugo Chavez: "Anybody else want their gold back now?"

Wed, 03/06/2013 - 02:02 | 3303882 Pseudo Anonym
Pseudo Anonym's picture

it wouldnt surprise me at all if the shipment of gold that hugo repatriated from london a few months ago was already on its way back to london and/or ny fed

Tue, 03/05/2013 - 18:42 | 3302576 WayBehind
WayBehind's picture

the king is dead long live the king!

Tue, 03/05/2013 - 18:45 | 3302585 WayBehind
WayBehind's picture


Ooopsa, double post :)


Tue, 03/05/2013 - 18:49 | 3302599 brockhardman
brockhardman's picture

Must have been the stellar socialized medicine they have over there...

Tue, 03/05/2013 - 18:56 | 3302632 The Big Ching-aso
The Big Ching-aso's picture

Will they bury him in a solid gold coffin?

Tue, 03/05/2013 - 18:59 | 3302647 true brain
true brain's picture

Wonder how he got cancer at 58. must have been angel dust.

Tue, 03/05/2013 - 19:02 | 3302657 The Big Ching-aso
The Big Ching-aso's picture

They should give him an enema.   Couldn't hurt.

Tue, 03/05/2013 - 19:15 | 3302702 DoChenRollingBearing
DoChenRollingBearing's picture

Now that´s just plain funny, + 1

Wed, 03/06/2013 - 05:56 | 3304070 richard in norway
richard in norway's picture

Is that what they are calling poloniam these days

Wed, 03/06/2013 - 11:32 | 3304776 samcontrol
samcontrol's picture

no . polonuim

Tue, 03/05/2013 - 18:23 | 3302484 Ahmeexnal
Ahmeexnal's picture

you beat me to it

Tue, 03/05/2013 - 18:35 | 3302542 imaginalis
Tue, 03/05/2013 - 19:57 | 3302842 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

"unspecified tumor in the pelvic area" said one report.

Looks to me like he got the "Andropov" disease- sitting at his desk on the same chair every day harboring a radioactive load?

You're right, SV40 is the ticking time bomb that we all have thanks to the US dispensing of contaminated polio vaccine in the 50's and 60's, and can apparently be "set off" by an almost unlimited number of fuses.

Tue, 03/05/2013 - 20:20 | 3302938 Oldballplayer
Oldballplayer's picture

Any chance that chair can be sent to DC. Doesn't even matter which office it goes to. They can pass it around.

Wed, 03/06/2013 - 03:57 | 3304004 Kirk2NCC1701
Kirk2NCC1701's picture

Radioactive load?  Bummer. 

Same 'Exit Strategy' as Arafat:  sniper-targeted radiation.  That became handy, once Arafat's movements were limited to his fancy digs in town.  Aim U-gun at bedroom, 8 hrs/night. Set timer.  Rinse & repeat daily for months, keeping the levels, timing, solid angle and direction just right.  Make early and sustained overtures to successor you prefer in his place.  Let things... grow, evolve.

Now watch Daniel Silva plagiarize this into his next novel.

Tue, 03/05/2013 - 18:19 | 3302460 Pladizow
Pladizow's picture

Chavez died years ago!

Obummer just defrosted the body and sprinkled it with cancer dust!

Tue, 03/05/2013 - 18:27 | 3302507 The Big Ching-aso
The Big Ching-aso's picture

Rodman's bound for Venezuela no doubt so he can become close B-Ball friends with the deceased.

Tue, 03/05/2013 - 19:12 | 3302690 nmewn
nmewn's picture

lol...Chavez just wanted someone to call him for a quick game of horse.

My personal policy is to never speak ill of the dead...I'm making an exception for this cocksucker...burn baby burn.

Tue, 03/05/2013 - 19:15 | 3302704 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1,000,000

Tue, 03/05/2013 - 19:20 | 3302717 Almost Solvent
Almost Solvent's picture

It is amazing that the gov't admitted he was dead rather than freeze him so unelected bozos could continue to run the country.

*Unless Diebold supplies the machines, then anyone elected in Venezuala is not really elected but rather selected. 

Tue, 03/05/2013 - 19:22 | 3302735 nmewn
nmewn's picture

Its gonna be interesting watching the "field of candidates" get pared down by one.

Tue, 03/05/2013 - 19:38 | 3302777 Almost Solvent
Almost Solvent's picture

Maybe they wanted to avoid the problem of freezing since that would take two days to defrost him for the autopsy.

Wed, 03/06/2013 - 01:48 | 3303855 Real Estate Geek
Real Estate Geek's picture

An unstable situation in an oil-rich country?  This sounds like a job for Team America!

Wed, 03/06/2013 - 08:37 | 3304233 Random
Random's picture

Unlike US, Europe, South and Central America, Russia....?

Tue, 03/05/2013 - 19:23 | 3302743 krispkritter
krispkritter's picture

As long as they're not burning the horseburgers. Yeah, not much you can say about this guy except I wish he'd done a murder-suicide with Penn. Hell, throw in Obie-Wanna-Been-DickTater-For-Ye and I'll spring for the ammo...

Tue, 03/05/2013 - 18:06 | 3302378 Mark Carney
Mark Carney's picture

Not sure if I should be sad or happy?


He was a man (like Gaddafi and Hussein) who knew the truth and that made him a terrorist.


But then again, he did not put his people first.

Tue, 03/05/2013 - 18:21 | 3302467 thedrickster
thedrickster's picture

Like so many he correctly diagnosed the disease but his course of treatment was akin to leeches or bloodletting.

Tue, 03/05/2013 - 18:29 | 3302514 The Big Ching-aso
The Big Ching-aso's picture

I wonder if at the funeral they'll have a 21 Russian nuclear missile salute.

Tue, 03/05/2013 - 19:12 | 3302691 DoChenRollingBearing
DoChenRollingBearing's picture

Did they ever finish that AK-47 factory they were planning there?

Tue, 03/05/2013 - 19:51 | 3302821 knukles
knukles's picture

If not, convert it into a car factory and name them Hugos.

Tue, 03/05/2013 - 20:13 | 3302909 nmewn
nmewn's picture

lol...a good communist (if there is such a thing) wouldn't have let all that labor in the shanty towns go to waste.

Tue, 03/05/2013 - 22:16 | 3303358 SokPOTUS
SokPOTUS's picture

Yep.  A good commie would have either worked them to death or starved them to death.  Either way, he wouldn't have depleted the people's resources allowing them to continue to live.  The Chavez Plan wasn't offing people fast enough to be a good Commie.

A little slow on the uptake...


Wed, 03/06/2013 - 04:30 | 3304025 Mentaliusanything
Mentaliusanything's picture

Kuckles, he has been dead for a while..those images of him laying in bed and two bsbes at his side while he "read a newspaper" ..... well look at the face and eyes. the was dead.That said, despite what you will be hit with, That fellow lifted the poor outvof desperation, providing free health care, education and a raft of policies that made the people survive the unsurvivable.This methods were harsh and unfair to the rich but he levelled the field of wealth.I find no fault with any person who called George Bush a donkey and Satan while making the nation better from the bottom up. He lived only for the betterment of his people and to provide(thru cheap energy) South America with a hand up. And it worked.. the cheap energy has allowed South America to expand. His legacy may be enough to see it through but now we have a vacumn. we shall see

Tue, 03/05/2013 - 18:50 | 3302601 NotApplicable
NotApplicable's picture

People seem to have a hard time understanding the idea that incoherence can never be fixed with even more incoherence from an alternative perspective.

Tue, 03/05/2013 - 18:40 | 3302568 A Man without Q...
A Man without Qualities's picture

I think he tried to put his people first, but as with Allende, it turns out revolutionaries are crap at running corporations, so the economy has been collapsing for a decade.

The funny thing is, if like me, you are not Venezuelan, then the people you meet tend to be from the upper middle classes, who have suffered the most from this decline and therefore detested him.  The poor at least had food and basic healthcare and they believed in the Constitution.

If you have never seen the documentary covering the attempted coup in 2002, it is well worth a watch.

Tue, 03/05/2013 - 18:52 | 3302611 James_Cole
James_Cole's picture

"it turns out revolutionaries are crap at running corporations, so the economy has been collapsing for a decade."

Probably has nothing to do with the heavy sanctions against Venezuela. 

Tue, 03/05/2013 - 19:18 | 3302710 nmewn
nmewn's picture

Probably has EVERYTHING to do with setting up his political cronies in villas and making everyone else dependent on him and the state.

Sounds like the presidente we have here.

Tue, 03/05/2013 - 19:26 | 3302750 DoChenRollingBearing
DoChenRollingBearing's picture

Sons of a different mother?

Tue, 03/05/2013 - 19:48 | 3302809 James_Cole
James_Cole's picture

"Probably has EVERYTHING to do with setting up his political cronies in villas and making everyone else dependent on him and the state."

Yeah sure Chavez was no saint, but the point made was that Venezuelan economy had been collapsing under Chavez specifically. Caldera was just as / more corrupt but worked with the IMF to privatize everything making the economy 'acceptable' to the world market. 

It's a laughable to say that Chavez' specific corruption is behind Venezuelas financial troubles - but often repeated in the press. 

Tue, 03/05/2013 - 19:59 | 3302854 nmewn
nmewn's picture

A fascist is a fascist.

He did the same thing as the all the rest, used the power of the state to increase his (and his hand picked cronies) personal wealth...and by the way...a fascist IS a leftist. They can call/disguise themselves however they they call themselves "progressives".

A young Mussolini was a socialist and so was a young was a young Chavez.

Look it up and open your eyes.

Tue, 03/05/2013 - 20:25 | 3302954 James_Cole
James_Cole's picture


"He did the same thing as the all the rest, used the power of the state to increase his (and his hand picked cronies)personal wealth...and by the way...a fascist IS a leftist. They can call/disguise themselves however they they call themselves "progressives"."

You're off on some other rant there.. The point I was making is simply Chavez is not acting differently to his predecessors in terms of crony alliances. 

The other point being that the economic sanctions imposed by the US had certainly had a negative affect on the economy since his reign began and clearly Chavez was treated differently by the US for a variety of reasons.

Qatar isn't exactly a bastion of democracy. Infact, there's very little correlation between democracy & GDP per capita. But there are very few (read: none) countries with a high PPP simultaneously facing US sanctions. 


Tue, 03/05/2013 - 21:04 | 3303079 nmewn
nmewn's picture

"You're off on some other rant there.. The point I was making is simply Chavez is not acting differently to his predecessors in terms of crony alliances."

Pretty sure thats what I said. Castro used the same tactic to gain public support in Cuba...socialist/leftist dogma...from what can only be described as another fascist in Batista. Then went one step further stripping property rights, which lately, they see the error of their ways.

"The other point being that the economic sanctions imposed by the US had certainly had a negative affect on the economy since his reign began and clearly Chavez was treated differently by the US for a variety of reasons."

Venezuela is the fifth largest oil exporting country in the world. If by negative affect do you mean travel?...because it is not wealth.

"Qatar isn't exactly a bastion of democracy. Infact, there's very little correlation between democracy & GDP per capita."

Don't get me started on democracy...or I'm sensing a willingness on your part to defend Chavez and his policies.


Wed, 03/06/2013 - 00:41 | 3303776 Mugatu
Mugatu's picture

Politicians and former Chicago Elderman are also bad at running corporations too!

Tue, 03/05/2013 - 19:24 | 3302745 orez65
orez65's picture

Same for rabbits in the US, they get free food and health care.

Tue, 03/05/2013 - 20:56 | 3303040 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

 The poor at least had food and basic healthcare and they believed in the Constitution.

Only the parts that Hugo did not change or modify for his personal gain. 

Tue, 03/05/2013 - 19:29 | 3302756 Karl von Bahnhof
Karl von Bahnhof's picture

He was one of us. A gold bug, stacker and prepper.
Almost lost all of his gold in great boating incident when transferring his gold from JPM vaults, pissed them magnificantly.

Tue, 03/05/2013 - 18:08 | 3302392 McMolotov
McMolotov's picture

You only die twice, Mr. Chavez.

Tue, 03/05/2013 - 18:09 | 3302399 dracos_ghost
dracos_ghost's picture

Is that Sulfur I smell?

Tue, 03/05/2013 - 18:12 | 3302416 A Lunatic
A Lunatic's picture

Oh yes, it's never over until they throw you in the fucking Ocean.........

Tue, 03/05/2013 - 18:26 | 3302498 Winston Churchill
Winston Churchill's picture

Sure you can die twice.

Osama didit ,in 2001 AND 2011.

Terrists are obviously immortal, and cannot be beaten.

Tue, 03/05/2013 - 18:33 | 3302526 The Big Ching-aso
The Big Ching-aso's picture

Holy crap.   First the Pope steps down and now Chavez takes a powder.  They say this kinda earthshaking news comes in threes.   I'm betting Kardashian has a buttectomy.

Tue, 03/05/2013 - 19:06 | 3302666 reTARD
reTARD's picture

Along your train of thought, surely Obama can also die twice. ;-)

Tue, 03/05/2013 - 21:46 | 3303230 Chupacabra-322
Chupacabra-322's picture

@ Lohn Jocke,

You beat me to it.  However, you forgot to add in the Economic Hitmen, CIA, Bankster/IMF Global Criminal Cabal Crime Syndicate maggots who smell fresh blood in terms of securing Natural Resources for the Elite.

Here come the destablization campaigns with  Democracy/Humanitarian Aid as a cover to rape, pillage, murder their way to those Natural Resources. 

Hell is about ready to be unleashed. 

Tue, 03/05/2013 - 22:14 | 3303352 hivekiller
hivekiller's picture

CIA probably gave him cancer. They've known for sometime how to cure cancer and how to cause it. The cure is not for the little people, however. There's too much money in chemo and hacking away body parts.

Tue, 03/05/2013 - 18:01 | 3302345 James_Cole
James_Cole's picture

Best news for the US in years, all that oil!

Tue, 03/05/2013 - 18:06 | 3302358 Bob
Bob's picture

First time I've laughed out loud in days!  Thanks, rp.

Tue, 03/05/2013 - 18:16 | 3302436 Eally Ucked
Eally Ucked's picture

Sadly nobody will cry or laugh for you, you're nobody!

Tue, 03/05/2013 - 19:01 | 3302645 The Big Ching-aso
The Big Ching-aso's picture

Whatta world.   Whooda thunk beef jerky looking Castro would outlive his protege?

Tue, 03/05/2013 - 19:14 | 3302700 Eally Ucked
Eally Ucked's picture

Big adversaries for US Cuba and Venezuela, who would think that citizens of US would take it seriously. Obviously propaganda works.

Tue, 03/05/2013 - 19:15 | 3302705 ali-ali-al-qomfri
ali-ali-al-qomfri's picture

there are always two Sith…….

Tue, 03/05/2013 - 19:20 | 3302729 john39
john39's picture

netanyahu and...?

Tue, 03/05/2013 - 18:04 | 3302361 mayhem_korner
mayhem_korner's picture



Not just Sean Penn.  Barry's gonna pull an Obi-wan on this: "I feel something terrible has happened..."  And what about good ol' Joe Kennedy?  He gonna fly the Citizens Energy flag at half-staff for a couple-three days?

Tue, 03/05/2013 - 18:16 | 3302435 Pairadimes
Pairadimes's picture

I don't know how Dennis Rodman is going to deal with this...

Tue, 03/05/2013 - 19:00 | 3302649 The Big Ching-aso
The Big Ching-aso's picture

Don't stop me I'm on a roll.    It feels sensually squishy.

Tue, 03/05/2013 - 18:45 | 3302574 El Oregonian
El Oregonian's picture

Sean Shouldn't be crying for too long, if he needs to fawn over another dictator I'm sure Barry will be more than happy to welcome him with open arms...

Tue, 03/05/2013 - 19:18 | 3302720 DoChenRollingBearing
DoChenRollingBearing's picture

And there´s other dictators still left too.  Kim Jong Un for example, those two would make great playmates...

Tue, 03/05/2013 - 19:26 | 3302747 krispkritter
krispkritter's picture

Rod-man 'beat' him to it. Talk about a commie-circle-jerk.


Tue, 03/05/2013 - 18:54 | 3302620 Frank N. Beans
Frank N. Beans's picture

Chavez's nickname was Goldfinger.


Tue, 03/05/2013 - 19:29 | 3302758 Everybodys All ...
Everybodys All American's picture

Let that be the lesson to anone asking for their gold ...

Tue, 03/05/2013 - 20:46 | 3303005 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

Oops, does that mean that Angela is #3?

Wed, 03/06/2013 - 02:09 | 3303889 Pseudo Anonym
Pseudo Anonym's picture

hugo's gold might be now on its way to angela; there isnt enough gold for everybody who has a claim; the hofjuden stole it long time ago.; now it is just one big shuffle for public eye. publicly get your gold through the front door and out it goes through the back door to the next recipient. mysterious death of the previous "owner" is just a bonus

Wed, 03/06/2013 - 07:38 | 3304157 samcontrol
samcontrol's picture


Tue, 03/05/2013 - 18:00 | 3302333 CClarity
CClarity's picture

Before euphoria sets in, time to re-read "Confessions of an Economic Hit Man" to recall Chavez wasn't all bad and the USA (with World Bank and IMF) sure has screwed our southern neighbors a load and a lot.

Tue, 03/05/2013 - 18:04 | 3302366 Bob
Bob's picture

And there's that.  Too much to get my head around, I guess.

Tue, 03/05/2013 - 18:12 | 3302417 MJ
MJ's picture

When you've seen the country that screams "capitalism" cause so much sufffering in your continent you get a bit of jaded view.

A disgusting collectivist, but he did thumb his nose at the international order, and that I can appreciate.

Tue, 03/05/2013 - 18:14 | 3302427 lolmao500
lolmao500's picture

Chavez was supplying oil at discounted prices to poor people in the US. Chavez had more of a heart for the average people than all of congress, the WH, MSM talking heads and banksters combined.

Tue, 03/05/2013 - 18:22 | 3302476 otto skorzeny
otto skorzeny's picture

I read on ZH where his subsidies for his own people fucked the US consumer because there was no need to build refineries and refine his own product so he actually imported US refined fuel thereby increasing demand for RBOB-I think that was how it went-but maybe someone knows better that I.

Tue, 03/05/2013 - 19:20 | 3302727 DoChenRollingBearing
DoChenRollingBearing's picture

Correct.  Venezuela cannot refine their heavy (thick) and sour (H2S) crude.

Wed, 03/06/2013 - 02:28 | 3303915 jonjon831983
jonjon831983's picture

If it was such a good business with strong demand, why didn`t corps increase refinining capacity?

Tue, 03/05/2013 - 18:58 | 3302617 NotApplicable
NotApplicable's picture

IMO, that act would fall into the category of political one-upmanship, in an effort to discredit Shrub while making himself look like a humanitarian.

Thing is, there's little to no humanity in totalitarianism.

Tue, 03/05/2013 - 19:27 | 3302751 EmmittFitzhume
EmmittFitzhume's picture

Political ploy to give the idea that he's a nice guy and doesn't have a boot on the neck of the Venezuelan people

Tue, 03/05/2013 - 18:16 | 3302437 A Lunatic
A Lunatic's picture

Anyone euphoric over the death of Chavez is probably part of the same 75% that believes Bernanke is trying to help the economy, drones in American skies are a good thing, the 2nd amendment is not for today, and there is a political solution to America's problems.........

Tue, 03/05/2013 - 18:44 | 3302584 Zap Powerz
Zap Powerz's picture

Forgive me if I get a small pleasure when a politician dies.  I categorically hate any politician.  They are a scourge.  They meddle. They interfere.  They steal.  They lie.  All of them.

Chavez may have done some things and may have been a lot of things.  But the one thing he was, a politician, makes him a horrible human being.

Fuck the people on this planet that feel compelled to run other peoples lives and steal from their labor.  Fuck them all right in the asshole with a rusty farm implement.

Tue, 03/05/2013 - 18:58 | 3302641 NotApplicable
NotApplicable's picture

And he was only a politician after his attempt at becoming dictator failed.

As always, the road to Hell is paved with good intentions. I've little doubt that he wanted to save the commoners, but all he did was to condemn them to a different form of misery.

As for the rusty farm implement, I'm more akin to slapping them upside the head with it. Makes a nice ring.

Tue, 03/05/2013 - 23:08 | 3303526 Totentänzerlied
Totentänzerlied's picture

You're a fool.

Tue, 03/05/2013 - 19:14 | 3302699 A Lunatic
A Lunatic's picture

You will be ecstatic when Ron Paul dies no doubt........

Tue, 03/05/2013 - 19:57 | 3302841 Zap Powerz
Zap Powerz's picture

You got me there.  There is a special place in my heart for RP.  When he dies I will just be indifferent.

Tue, 03/05/2013 - 20:18 | 3302932 Goner
Goner's picture

RP is a Statesmen not a politician (at least thats how I see it)

Tue, 03/05/2013 - 20:13 | 3302910 spekulatn
spekulatn's picture

Interview with the author, John Perkins, a couple years ago.

Tue, 03/05/2013 - 21:02 | 3303074 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

We must also remember that only the USA and no other nation on Earth now or in the past has treated other countries as bad as the US has.

No other nation has put their needs before others.

No other nation has gone to war for gain.

No other nation had slavery.

No other nation ever ever was or is as bad as the US.

Before the USA only love of nature and goodwill exsisted.


Tue, 03/05/2013 - 21:51 | 3303247 Chupacabra-322
Chupacabra-322's picture

@ CClarity,

Absolutely.  My post above sums it up well.

Tue, 03/05/2013 - 18:00 | 3302336 Richard III
Richard III's picture

Is the White House considering a recess appointment ?

Tue, 03/05/2013 - 18:02 | 3302351 max2205
max2205's picture

Well done covert ops. Well done

Tue, 03/05/2013 - 19:11 | 3302683 Shell Game
Shell Game's picture

Yes, by all means al-CIAda, well done.  Now, if we can just bring more, moar and MOAR of the world to Demonocracy...

Tue, 03/05/2013 - 18:04 | 3302360 redpill
redpill's picture

No, unfortunately Venezuela will have to be nuked entirely because of the sequester.  We simply can't afford every dictator we want anymore.

Tue, 03/05/2013 - 18:09 | 3302396 ParkAveFlasher
ParkAveFlasher's picture

Tinpots will now be made of a cheaper alloy containing less expensive slag metals. 

Tue, 03/05/2013 - 18:12 | 3302410 redpill
redpill's picture

And it's time to introduce Potato Republics.  Bananas have gotten way too expensive.

Tue, 03/05/2013 - 19:48 | 3302811 krispkritter
krispkritter's picture

Freedom Fries? I'd rather have the potato vodka I'm currently imbibing. I think at the current rate of consumption, the US turns into an 'Apple Republic'. Ala Barney: 'iPhone you, youPhone me, we're all living in poverty...'

Tue, 03/05/2013 - 18:45 | 3302587 Zap Powerz
Zap Powerz's picture

What has the world come to when we can no longer afford good dictators!?

Tue, 03/05/2013 - 18:02 | 3302342 ACP
ACP's picture

The last time a certain major asshole died in 2011, the S&P also hit a major high. Interesting.

Tue, 03/05/2013 - 18:05 | 3302376 McMolotov
McMolotov's picture

"He's not really dead, as long as we remember him..."

Tue, 03/05/2013 - 20:33 | 3302971 zerozulu
zerozulu's picture

I salute him for taking his gold back.

Wed, 03/06/2013 - 02:11 | 3303893 Pseudo Anonym
Pseudo Anonym's picture

and now hugo is dead and 'his' gold is now on the move to the next recipient

Tue, 03/05/2013 - 18:00 | 3302337 AbelCatalyst
AbelCatalyst's picture

Oh no! Where is Joe Kennedy going to get his free oil now??!!!

Tue, 03/05/2013 - 18:06 | 3302379 McMolotov
McMolotov's picture

From the poor bastards who've consumed "white tuna."

Tue, 03/05/2013 - 18:11 | 3302409 MeMadMax
MeMadMax's picture

Chavez died, liberals cried....

Tue, 03/05/2013 - 18:13 | 3302424 Flakmeister
Flakmeister's picture

What the fuck are you talkin' about?

Not too many liberal fans of "socialist" dictators (if any), HC was nothing more than totalitarian wannabe...

Tue, 03/05/2013 - 18:17 | 3302447 redpill
redpill's picture

Yeah, it's not like Danny Glover and Sean Penn would go have fucking lunch with the guy.


Oh wait...

Tue, 03/05/2013 - 19:17 | 3302708 Flakmeister
Flakmeister's picture

I guess it all depends on who was payin'....

Not that I look to Danny Glover actions as relevant in any shape or matter... I'll give Sean credit for having his knob polished by Madonna and for being a pretty good actor, not much else though....

Tue, 03/05/2013 - 19:59 | 3302852 Zap Powerz
Zap Powerz's picture

Fuck dude, who hasnt had their knob polished by Madona?

Tue, 03/05/2013 - 20:34 | 3302974 Flakmeister
Flakmeister's picture

You for one....

Tue, 03/05/2013 - 22:17 | 3303366 nmewn
nmewn's picture

No risk of an STD then?

I'd say he came away like a virgin ;-)

Tue, 03/05/2013 - 18:27 | 3302508 resurger
resurger's picture

Politics is a dirty game no doubt, you cant please everyone:

But let's see, Muhammad Mussadaqi wanted to nationalize Irans Oil = DEAD

Saddam Hussein wanted to trade oil for Euros = DEAD

Qaddafi having his own CB = DEAD

JFK (Not a dictator though) having executive Order 11110 = DEAD

The next president who wants his gold back = DEAD , that goes for Germany too

Ride with NWO or you are DEAD.


Tue, 03/05/2013 - 19:39 | 3302782 goldfish1
goldfish1's picture

Wellstoned. (RIP)

Tue, 03/05/2013 - 21:18 | 3303128 Herd Redirectio...
Herd Redirection Committee's picture

Someone asked me one time:  "Well, why is there no solid proof of this stuff you are saying?" re: JFK, 9/11, false flags, the Fed, the rich stealing from the poor, Illuminati, NWO...

I said "Because if you have solid proof you are dead."

Do NOT follow this link or you will be banned from the site!