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Unformatted text preview: "reset." Obama ignored them. ¶ The rubelike naivete has now come to bite Obama as the craziness in Caracas spirals wildly in just the last few days. The Rumsfeld Maxim that "weakness is provocative" seems to be operative here, setting the stage for the astonishing string of lawless acts that now demand hard sanctions. Among them:¶ • Breaking international contracts. Chavez announced Monday he'll ignore an arbitration ruling from the World Bank that ordered Venezuela to pay ExxonMobil $1 billion for Chavez's expropriation of its investments. Exxon had asked for $12 billion, got $1 billion, but Chavez says he'll only pay $250 million. ¶ • Naming a drug kingpin as head of military. Chavez appointed Henry Rangel Silva — identified by the U.S. Treasury as a "kingpin" — as his defense minister. That act not only flouts global efforts to stop organized crime, but effectively turns Venezuela into a narcostate and its army into a drug cartel.¶ • Plotting war against the U.S. A Venezuelan diplo...
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This note was uploaded on 10/27/2013 for the course DEBATE 101 taught by Professor None during the Summer '12 term at University of California, Berkeley.
- Summer '12