Is this man drunk on other peopels money control and power?  

It appears this wild insane man is actually drunk on riches obtained by stealing other peoples money,control and power and very possibly lead by the sprites of the selfishness and satisfiable greed.
We Americans have hope and some thing we can believe in, lovers of capitalism,freedom loving Americans,we would never want to be taken down this road that these poor citizens of this country are being forced down,would we?


CARACAS (AFP) - – The Venezuelan government of Hugo Chavez seized three banks and ordered two other financial institutions closed, as the country reeled from a currency devaluation he hopes will improving cratering state finances.



The bank closures come despite warnings that now regular business seizures could further spook foreign investors and undermine Chavez's efforts to put state revenues on a solid footing.

The nationalization of eight small- and medium-sized institutions last year prompted fears of a run on the country's banks, as investors moved to withdraw funds. It also sparked a dip in Venezuelan bonds and the country's currency in free trading.

The banking regulator defended Monday's move as a boost to the sector's stability, claiming the three seized banks were facing "serious administrative and managerial problems that resulted in insufficient liquidity to cover their short-term obligations."
The government currently controls around 25 percent of the banking sector, largely due to the purchase of the Banco de Venezuela from the Spain's Santander group in 2009.

Venezuela's National Assembly on December 15 passed a banking reform law giving the state more power to regulate the sector, a move that coincided with Chavez's drive to revamp national finances, with an eye on legislative elections next year, observers said.

Supporters of Chavez had faced a tough fight at the polls, as the government saw its ability to woo supporters with popular spending programs curbed by evaporating state revenue.

http://sg.news.yahoo.com/...