Sunday, July 02, 2006

"In Venezuela, we were tired of all our oil going to Count Dracula"--hugo chavez

"winning most of the votes doesn't make chavez's government legitimate" --idiot whitehouse spokesperson

democratically elected venezuelan president hugo chavez, calls for joint energy development , joint banking projects and joint media projects between africa , the carribean and latin america.

we at deskRat have long called for such economic and technical ventures between africa and the african diaspora of the western hemisphere as well as africa and its diaspora in asia and the pacific rim in order to end the bonecrushing poverty the Children Of Africa find themselves in all over the globe...to us it seemed just basic common sense...

for hugo chavez ,who often cites his 'negro y indio' heritage--black and indian bloodlines-- we guess the idea of building greater economic and technical ties to africa seems like common sense too...as the ball gets rolling , we congratulate the beginnings of this worthy enterprise and hope that the ball doesn't get dropped --or deliberately burst by our enemies both within and without...

*btw , according to BBC journalist greg palast , chavez sponsored laws venezuela's legislature passed that increased venezuela's cut of the oil pie from about 16 percent to about 30 percent--what a communist government!

in other words the big oil companies were taking 84 percent of the profits made from the sale of venezuela's oil until chavez rewrote the contract and reduced the oil companies' share to a mere pittance -- only 70 percent. the poor oil companies must be starving ...how can they live on only 70 of the profits garnered from an entire nation's deposits of oil ?

anything less than a 50/50 arrangement between oil companies and the hosting nation , seems to this observer somewhat UNFAIR and EXPLOITATIVE...





Chavez urges Africa to unite against U.S.
Sat Jul 1, 2006 8:38 PM BST



By Daniel Flynn

BANJUL (Reuters) - Venezuelan President Hugo Chavez called on Africa on Saturday to forge closer ties with Latin America to combat what he called a threat of U.S. hegemony.

Chavez, whose repeated criticism of America has raised hackles in Washington, called on an African Union summit to cooperate with Latin America in everything from oil production to university education to counter "colonial" meddling in developing nations.

Citing the example of Venezuela and Bolivia, he urged Africa to seize greater control of its energy resources. He described the low royalty payments made by some foreign oil companies as "robbery".

"We should march together, Africa and Latin America, brother continents with the same roots ... Only together can we change the direction of the world," he told the opening day of the AU summit, to applause.

"The world is threatened by the hegemony of the North American empire," said the former paratrooper, following speeches from African leaders which had criticised colonialism.

Africa's abundant natural resources -- ranging from precious metals to iron ore and oil -- should make it a wealthy continent if it were freed from outside exploitation, Chavez said.

"Africa has everything to become a pole of world power in the 21st century. Latin America and the Caribbean are equipped to become another pole," he said.

In a nod to another outspoken opponent of U.S. foreign policy, Chavez hailed Iran's right to develop nuclear technology for peaceful purposes.

Iranian President Mahmoud Ahmadinejad is also attending the summit in the Gambian capital Banjul.

The Venezuelan leader called for a commission to evaluate joint energy projects between Africa and Latin America, as well as a media venture dubbed Telesur (TeleSouth) and a joint bank Banco del Sur (Bank of the South).

"In Venezuela, we were tired of all our oil going to Count Dracula," said Chavez, referring his government's decision to raise taxes on U.S. oil companies. "Now Venezuela is free and we have recovered control over our oil."

Venezuela is the world's fifth largest oil exporter.

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