Condoleeza Rice attacked Venezuela and President Chavez sharply in her testimony yesterday.  She called Venezuela "very deeply troubling" and suggested that it was a primary concern for the Bush administration.

Get ready for another war because Venezuela is the world's 5th largest oil exporting nation and they are turning off the taps to Bushco's Texas oil friends.  The conflict is about to hit boiling point.  Venezuela has been phasing out the old oil contracts which allowed Texas oil companies to operate fields and pocket the revenues.  Instead they adopted a policy in which Petroleos de Venezuela operates joint ventures in which it has the majority stake with state-owned developers from nations such as Russia and China, posing a direct threat to US dominance of Venezuelan fields.  

Venezuela has been using its rapidly escalating oil revenues to introduce universal healthcare, state pensions and social housing for the 80 percent of the population living in poverty.  This has made Mr Chavez hugely popular in Venezuela but roundly hated in Texas and Washington.

Even when pressed, Condoleeza couldn't say anything nice about President Chavez:
She reserved some of her harshest language, not for China or Russia, but for President Hugo Chávez of Venezuela, whose government she said had "not been constructive" because of his tough tactics against the news media and the opposition.

"Is it possible for you to say something positive about the Chávez administration?" Mr. Chafee asked, apparently taken aback at the toughness of her words.

When Ms. Rice said "it's pretty hard, Senator, to find something positive," Mr. Chafee said her attitude "seems disrespectful to the Venezuelan people" who elected Mr. Chávez.

Here's how one might expect Bushco to escalate problems in Venezuela and promote regime change so that his friends in Texas can go back to business as usual:

I wish I was making all this up.  I just connected the dots for myself within the last 2 hours, but it hangs together too well for me not to be very deeply troubled.

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