Hugo Chavez'S Assault On Private Property
Mr. Speaker, I ask unanimous consent to claim Congressman Gingrey's time. Mr. Speaker, around the world, freedom is under attack every day; and many in this body have heard me express my strong concerns to one of freedom's greatest…
Mr. Speaker, I ask unanimous consent to claim Congressman Gingrey's time.
Mr. Speaker, around the world, freedom is under attack every day; and many in this body have heard me express my strong concerns to one of freedom's greatest enemies, Venezuelan President Hugo Chavez.
I have spoken at length about the Chavez government's systematic elimination of freedom and liberty; and his recent assaults on private property, particularly the energy markets, in Venezuela serve as another reminder that Hugo Chavez is doing all he can to force his countrymen to live in a socialist state similar to his mentor Fidel Castro's Cuba.
In recent years, Hugo Chavez has become a prime example of how crude prices have sparked a resurgence of petro-nationalism around the world. He has squeezed more money out of American companies by raising taxes and royalties, imposing fines, strengthened
the hand of OPEC countries by pushing for higher prices, and threatening to cut off the flow of oil to the United States.
As Chavez continues to march towards socialism, he seems determined to wipe out free enterprise, drive out private investment and wreck the economy in order to establish iron-fisted control of Venezuela's economy, just as Fidel Castro in Cuba.
Venezuela and Hugo Chavez are flush with record-high oil revenues, but Chavez is threatening to kill the oil-drenched golden goose.
Just last month, the Venezuelan oil minister showed up at two oil fields run by European companies in order to reclaim them on behalf of the Venezuelan government and Hugo Chavez. Hoisting the Venezuelan flag over the fields, he said the move symbolized the return to state control.
This dramatic move is proof, as if more is needed, that Chavez is putting Venezuela on a path to a nationalized energy industry. These moves, and his saber-rattling military buildup and crackdowns on freedom at home, continue to roil the international oil markets and are enabling Chavez to help keep crude prices high.
Venezuela supplies the United States with about 15 percent of our oil imports; and few Americans probably realize that Venezuela's state oil company owns Citgo Petroleum, which owns refineries that are geared to handling the heavy Venezuelan crude, together with a network of thousands of independent gas stations.
Chavez's radical strategy to nationalize his energy industry is being felt across Latin America. Just this week in Bolivia, newly-elected President Evo Morales nationalized the country's natural gas industry, ordering foreign companies to give up control of fields and accept much tougher operating terms or leave the country. Morales even ordered soldiers to commandeer many fields across the nation.
The move solidifies Morales' role alongside Chavez and Castro in Latin America's new axis of socialism united against American interests and free people everywhere. Make no mistake, the images of soldiers toting automatic weapons outside refineries and gas fields is reminiscent of military dictatorships past.
Chavez has been promising to build a Bolivarian axis of like-minded, anti-American governments throughout Latin America. Only recently, few people took him seriously. Not anymore. Just this past weekend, Chavez and Morales signed a free trade agreement with Castro.
Mr. Speaker, history has proven that no nation with a state- controlled economy can prosper, and anyone who lives in such a nation lives without the freedom and liberty they deserve.
A Venezuela with President Hugo Chavez at the helm is a nation doomed to repeat the failures of history and a people who will be forced to live without the freedom, security and prosperity they once had but still deserve.