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Latin America
In reply to the discussion: How Not to Win Friends in Latin America [View all]Demeter
(85,373 posts)2. I wonder: which corporation, which bankster billionaire, is behind the persecution of Venezuela?
Who got booted out?
It appears that Great Britain was booted out by Grover Cleveland and the MOnroe Doctrine on steroids he created. So, then the US thought it OWNED Venezuela?
In 1899, Cipriano Castro, assisted by his friend Juan Vicente Gómez, seized power in Caracas, marching an army from his base in the Andean state of Táchira. Castro defaulted on Venezuela's considerable foreign debts, and declined to pay compensation to foreigners caught up in Venezuela's civil wars. This led to the Venezuela Crisis of 19021903, in which Britain, Germany, and Italy imposed a naval blockade of several months, before international arbitration at the new Permanent Court of Arbitration in The Hague was agreed. In 1908, another dispute broke out with the Netherlands, which was resolved when Castro left for medical treatment in Germany and was promptly overthrown by Juan Vicente Gómez.
20th century
The discovery of massive oil deposits in Lake Maracaibo during World War I proved to be pivotal for Venezuela, and transformed the basis of its economy from a heavy dependence on agricultural exports. It prompted an economic boom that lasted into the 1980s; by 1935, Venezuela's per capita gross domestic product was Latin America's highest.[36] Gómez benefited handsomely from this, as corruption thrived, but at the same time, the new source of income helped him centralize the Venezuelan state and develop its authority.
He remained the most powerful man in Venezuela until his death in 1935, although at times he ceded the presidency to others. The gomecista dictatorship system largely continued under Eleazar López Contreras, but from 1941, under Isaías Medina Angarita, was relaxed, with the latter granting a range of reforms, including the legalization of all political parties. After World War II, immigration from Southern Europe (mainly from Spain, Italy, Portugal, and France) and poorer Latin American countries markedly diversified Venezuelan society.
In 1945, a civilian-military coup overthrew Medina Angarita and ushered in a three-year period of democratic rule under the mass membership Democratic Action, initially under Rómulo Betancourt, until Rómulo Gallegos won the Venezuelan presidential election, 1947 (generally believed to be the first free and fair elections in Venezuela). Gallegos governed until overthrown by a military junta led by Marcos Pérez Jiménez and Gallegos' Defense Minister Carlos Delgado Chalbaud in the 1948 Venezuelan coup d'état.
Pérez Jiménez was the most powerful man in the junta (though Chalbaud was its titular president), and was suspected of being behind the death in office of Chalbaud, who died in a bungled kidnapping in 1950. When the junta unexpectedly lost the election it held in 1952, it ignored the results and Pérez Jiménez was installed as President, where he remained until 1958.
The military dictator Pérez Jiménez was forced out on 23 January 1958.[37] In an effort to consolidate the young democracy, the major political parties (with the notable exception of the Communist Party of Venezuela) signed the Punto Fijo Pact. Democratic Action and COPEI would dominate the political landscape for four decades.
In the 1960s, substantial guerilla movements occurred, including the Armed Forces of National Liberation and the Revolutionary Left Movement, which had split from Democratic Action in 1960. Most of these movements lay down their arms under Rafael Caldera's presidency (196974); Caldera had won the 1968 election for COPEI, being the first time a party other than Democratic Action took the presidency through a democratic election.
The election of Carlos Andrés Pérez in 1973 coincided with the 1973 oil crisis, in which Venezuela's income exploded as oil prices soared; oil industries were nationalized in 1976. This led to massive increases in public spending, but also increases in external debts, which continued into the 1980s when the collapse of oil prices during the 1980s crippled the Venezuelan economy. As the government started to devalue the currency in February 1983 to face its financial obligations, Venezuelans' real standards of living fell dramatically. A number of failed economic policies and increasing corruption in government led to rising poverty and crime, worsening social indicators, and increased political instability.[38]
Economic crises in the 1980s and 1990s led to a political crisis in which hundreds died in the Caracazo riots of 1989, two attempted coups in 1992,[39] and the impeachment of President Carlos Andrés Pérez (re-elected in 1988) for corruption in 1993. Coup leader Hugo Chávez was pardoned in March 1994 by president Rafael Caldera, with a clean slate and his political rights reinstated.
A collapse in confidence in the existing parties led to Chávez being elected president in 1998, and the subsequent launch of a "Bolivarian Revolution", beginning with a 1999 Constituent Assembly to write a new Constitution of Venezuela.
In April 2002, Chávez was briefly ousted from power in the 2002 Venezuelan coup d'état attempt following popular demonstrations by his opponents,[40] but he was returned to power after two days as a result of popular demonstrations by his supporters and actions by the military.[41]
http://en.wikipedia.org/wiki/Venezuela
20th century
The discovery of massive oil deposits in Lake Maracaibo during World War I proved to be pivotal for Venezuela, and transformed the basis of its economy from a heavy dependence on agricultural exports. It prompted an economic boom that lasted into the 1980s; by 1935, Venezuela's per capita gross domestic product was Latin America's highest.[36] Gómez benefited handsomely from this, as corruption thrived, but at the same time, the new source of income helped him centralize the Venezuelan state and develop its authority.
He remained the most powerful man in Venezuela until his death in 1935, although at times he ceded the presidency to others. The gomecista dictatorship system largely continued under Eleazar López Contreras, but from 1941, under Isaías Medina Angarita, was relaxed, with the latter granting a range of reforms, including the legalization of all political parties. After World War II, immigration from Southern Europe (mainly from Spain, Italy, Portugal, and France) and poorer Latin American countries markedly diversified Venezuelan society.
In 1945, a civilian-military coup overthrew Medina Angarita and ushered in a three-year period of democratic rule under the mass membership Democratic Action, initially under Rómulo Betancourt, until Rómulo Gallegos won the Venezuelan presidential election, 1947 (generally believed to be the first free and fair elections in Venezuela). Gallegos governed until overthrown by a military junta led by Marcos Pérez Jiménez and Gallegos' Defense Minister Carlos Delgado Chalbaud in the 1948 Venezuelan coup d'état.
Pérez Jiménez was the most powerful man in the junta (though Chalbaud was its titular president), and was suspected of being behind the death in office of Chalbaud, who died in a bungled kidnapping in 1950. When the junta unexpectedly lost the election it held in 1952, it ignored the results and Pérez Jiménez was installed as President, where he remained until 1958.
The military dictator Pérez Jiménez was forced out on 23 January 1958.[37] In an effort to consolidate the young democracy, the major political parties (with the notable exception of the Communist Party of Venezuela) signed the Punto Fijo Pact. Democratic Action and COPEI would dominate the political landscape for four decades.
In the 1960s, substantial guerilla movements occurred, including the Armed Forces of National Liberation and the Revolutionary Left Movement, which had split from Democratic Action in 1960. Most of these movements lay down their arms under Rafael Caldera's presidency (196974); Caldera had won the 1968 election for COPEI, being the first time a party other than Democratic Action took the presidency through a democratic election.
The election of Carlos Andrés Pérez in 1973 coincided with the 1973 oil crisis, in which Venezuela's income exploded as oil prices soared; oil industries were nationalized in 1976. This led to massive increases in public spending, but also increases in external debts, which continued into the 1980s when the collapse of oil prices during the 1980s crippled the Venezuelan economy. As the government started to devalue the currency in February 1983 to face its financial obligations, Venezuelans' real standards of living fell dramatically. A number of failed economic policies and increasing corruption in government led to rising poverty and crime, worsening social indicators, and increased political instability.[38]
Economic crises in the 1980s and 1990s led to a political crisis in which hundreds died in the Caracazo riots of 1989, two attempted coups in 1992,[39] and the impeachment of President Carlos Andrés Pérez (re-elected in 1988) for corruption in 1993. Coup leader Hugo Chávez was pardoned in March 1994 by president Rafael Caldera, with a clean slate and his political rights reinstated.
A collapse in confidence in the existing parties led to Chávez being elected president in 1998, and the subsequent launch of a "Bolivarian Revolution", beginning with a 1999 Constituent Assembly to write a new Constitution of Venezuela.
In April 2002, Chávez was briefly ousted from power in the 2002 Venezuelan coup d'état attempt following popular demonstrations by his opponents,[40] but he was returned to power after two days as a result of popular demonstrations by his supporters and actions by the military.[41]
http://en.wikipedia.org/wiki/Venezuela
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It only worked for them efficiently when other countries were too unable to protest,
Judi Lynn
Mar 2015
#5
I wonder: which corporation, which bankster billionaire, is behind the persecution of Venezuela?
Demeter
Mar 2015
#2
You need look no further than the Bush Crime Family & the MIC money machine.
99th_Monkey
Mar 2015
#4
He "misoverestimated" his ability to get Venezuelans to go along with the coup.
Judi Lynn
Mar 2015
#8
The USA/CIA/BushCrimeFamily's Venezuela's 2002 coup attempt is well documented here
99th_Monkey
Mar 2015
#12
Thanks for the good summary. The only time we heard about Venezuela, in the past,
Judi Lynn
Mar 2015
#6
Once again, Obama is aping GWBush's misguided anti-democratic policies abroad
99th_Monkey
Mar 2015
#3
Last thing in the world we expected to see when we elected him. What a non-stop shock. n/t
Judi Lynn
Mar 2015
#7
Wasn't Weisbrot the useful idiot that said Venezuela's inflation would start improving this year?
Marksman_91
Mar 2015
#13