"Once in power, Chávez was nonstop action. He nationalized companies by the dozen, imposed controls on currency transactions, and set limits on the interest rates and prices businesses could charge. He purged the upper ranks of the state-run oil giant—the untouchable goose that laid the golden egg—and then had the company divert precious resources away from energy fields and into socialist-style manufacturing co-ops and other boondoggles.
""Once in power, Chávez was nonstop action. He nationalized companies by the dozen, imposed controls on currency transactions, and set limits on the interest rates and prices businesses could charge. He purged the upper ranks of the state-run oil giant—the untouchable goose that laid the golden egg—and then had the company divert precious resources away from energy fields and into socialist-style manufacturing co-ops and other boondoggles.zuela), giving away heating oil to the poor in the Bronx, signing joint ventures with Iran and Russia, financing Argentina after its default, and even hobnobbing with Hollywood’s radical set—Sean Penn, Oliver Stone, Michael Moore. And, of course, he drafted a new constitution, giving birth to the “Fifth Republic,” which allowed him (and later Maduro) to seek reelection indefinitely.""
""Once in power, Chávez was nonstop action. He nationalized companies by the dozen, imposed controls on currency transactions, and set limits on the interest rates and prices businesses could charge. He purged the upper ranks of the state-run oil giant—the untouchable goose that laid the golden egg—and then had the company divert precious resources away from energy fields and into socialist-style manufacturing co-ops and other boondoggles.zuela), giving away heating oil to the poor in the Bronx, signing joint ventures with Iran and Russia, financing Argentina after its default, and even hobnobbing with Hollywood’s radical set—Sean Penn, Oliver Stone, Michael Moore. And, of course, he drafted a new constitution, giving birth to the “Fifth Republic,” which allowed him (and later Maduro) to seek reelection indefinitely.""