An excellent article in The Economist how Hugo Chavez is spending his oil windfalls like a drunken duo sorority girl and trophy wife with daddy's credit card.
I like the chart because (well, I like charts) it shows you just how dependent he is on a high price of oil. It also shows you how much spending he's done bribing people with this temporary windfall.
But what I get a kick out of the most is that Chavez and all his supporters who clamour about socialism can only contribute their success to the high price of oil which has been driven up in price by largely our growing capitalist economy here in the US and the capitalist free market reforms that have bolstered China's and India's growth thereby boosting the demand for oil
That reality is really a bitch isn't it?