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I hope Obama does not take this page from Chavez’s playbook, or has he already. After failing only a year ago to get voters to remove term limits, he is finally successful. How did he achieve this? He predicting calamity for Venezuela with out him as president. Sound familiar? Chavez, a self-avowed socialist and enemy of capitalism now courts the Russians. While the Russians have no more interest in Cuba, (nothing in it for them) they conduct joint naval exercises with Venezuela. This is their first major power projection in that region since the end of the “Cold War” A big thanks here to Ronald Reagan. This partnership will only lead to an expansion of his power, which he will surely use to further socialize the entire region.

What can we do? Oil accounts for 94% of Venezuela’s exports. While it does not all come here, enough does that we can make a difference. This NOT a call to boycott Citgo, I don’t buy their gas, but this is America and we all have choices. While Venezuela is the 4th largest supplier to the U.S. they only supply roughly 10% of our oil. We buy approximately 50% of their oil, in CASH. Most of the rest is sold at a discounted rate to her neighbors, some even barter for it. It seems we could cripple his regime by refusing to buy his oil. We could easily make up that 10% by drilling more ourselves while employing more Americans. When he runs out of money to buy off all of his people, (Stimulus package) they will toss him out with the trash. Sounds like a win win to me.

Don’t look for Obama to do this. He probably wants the photo op for a new set of coins.