Chavez Continues to Bury Venezuela

Well, the nut job in charge of Venezuela continues to make trade deals he can not back up long term.

Chavez offers LatAm energy pact

Venezuelan President Hugo Chavez has pledged to guarantee the energy needs of his allies in Latin America.

Speaking in the Argentine capital, Buenos Aires, he announced the signing of what he called an "energy security treaty" with Argentina.

Mr Chavez said he intended to sign similar treaties with Uruguay, Nicaragua, Ecuador and Bolivia.

What the socialists at the BBC do not tell you in the article is that production at the Venezuelan oil fields is plummeting due to Chavez's love affair with socialism, and he reportedly is having to buy some oil on the spot market now to live up to his present commitments.

Of course, BBC uses the story to print more anti-US ravings by Chavez.

I can't stand the BBC.