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Tim Tim is offline
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First recorded activity by BoatBanter: Nov 2006
Posts: 19,107
Default Chavez needs some new friends.

http://abcnews.go.com/Business/Econo...6589473&page=1

Looks like due to low oil prices, Chavez is going to quit giving away
discount heating oil to low income people ,then after a couple days he
keeps the program running.



CUT 'N PASTE:

"He's just running out of money," said Mark Falcoff, a Latin America
expert at the American Enterprise Institute, a conservative Washington
think tank. "He needs that money to buy friends in Latin America as
part of his attempt to expand his influence. But as we Americans know
better than anybody, you can't really buy friends, you can only rent
them." ...

"Obviously, he's a lot more magnanimous when oil prices are at $100 a
barrel than when it is at $40 a barrel," said Phil Flynn, a vice
president and analyst with Alaron Trading. "Chavez's entire reign and
popularity really has been built upon high oil prices and his using of
the country's oil profits to further his political agenda."

END CUT 'N PASTE