Que pasa con Chavez

Berger, Jordan jberger at opseu.org
Thu Dec 10 09:26:54 PST 1998


Regarding capital flight and red menance, the Caracas stock market soared on the news of the Chavez victory (up 19.4% yesterday alone).

Jordan Berger


> -----Original Message-----
> From: rayrena [SMTP:rayrena at accesshub.net]
> Sent: Thursday, December 10, 1998 12:41 PM
> To: lbo-talk at lists.panix.com
> Subject: Que pasa con Chavez
>
> LBOers,
>
> Sorry for the probably butchered, literally translated Spanish, but I was
> wondering if the LBO men in South America could give us some insight into
> this Hugo Chavez, who was elected el presidente de Venezuela a few days
> ago. All I really know about him is from The New York Times, which wrote
> things like:
>
> "To business leaders and international investors, Mr. Chavez is the red
> menace resurrected. To the poor, he is the impatient savior who is already
> smashing the clubby machine of mutual favors at the top of Venezuelan
> politics." AND
>
> "Mr. Chavez's role in trying to overthrow the Government of President
> Carlos Andres Perez [in a 1994 coup attempt that earned Chavez a little
> jail time] , his vitriolic oratory and his support for Cuba have terrified
> upper-class Venezuelans, who have been sending their money and other
> assets
> out of the country for fear of a Chavez victory."
>
> Does any of this approach reality? Or is it typical establishment paranoia
> about anyone to the left of, say, Mitterand?
>
> Tom, Roberto, anyone?
>
> eric
>
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