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The West and especially Washington is wary of the 'yes' vote to Chávez's plan to rule forever

Venezuela’s founding father and idol of current President Hugo Chávez, Simón Bolívar, had once famously said, “Nothing is as dangerous as allowing the same citizen to remain in power for a long time.” This week, his countryman and the man who insists he is his flag-bearer, conveniently forgot the maxim when the voters gave Chávez, the right to run for the presidential post indefinitely. After all, who cares about old maxims these days? Didn’t George Washington say “Love thy neighbour”?

Venezuela's second constitutional plebiscite in 14 months was accepted by a resonant 54 per cent to 45 per cent margin; permitting Chávez to run for a third six-year term in 2012 and possibly many more after that. Chávez's antagonists dread that he has it in mind to set up a democratically voted version of Fidel Castro's rule over Cuba. His aficionados counter that several democratic nations such as France permit their leaders to be re-elected ad infinitum.

Legendary for his oratory, the victory speech by the Venezuelan President was amazingly assuaging. Hugo Chávez told his thrilled followers: "We must revise everything we have done in previous years – we have to start rectifying, adjusting, strengthening."


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Source : IIPM Editorial, 2008
An Initiative of IIPM, Malay Chaudhuri and Arindam Chaudhuri (Renowned Management Guru and Economist).

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