1. Venezuela On Hugo Chavez and his Bolivarian Revolution

2. Certain materials are included under the fair use exemption of the U.S. Copyright Law and have been prepared according to the multimedia fair use guidelines and are restricted from further use. Flags and maps obtained from: http://www.infoplease.com/ © 2006 -Jon Benignus

4. Simon Bolivar Revolutionary Leader born in Venezuela Led a rebellion against Spain from 1811 – 1825 Frequently called the “George Washington of Latin America” http://www.militaryheritage.com/images/bolivar2.jpg

5. Simon Bolivar (cont.) Revolts freed these countries from Spain: –Bolivia –Colombia –Ecuador –Panama –Peru –Venezuela © 2005 -Jon Benignus

6. Simon Bolivar (cont. again) Not a democrat Tried to unite freed countries under his authoritarian rule Countries did not form a “United States” of South America http://www.militaryheritage.com/images/bolivar%20san_martin_meeting_lg.gif

7. Democracy & Oil A democracy since 1959 Rulers have used oil revenues to buy votes Deep in debt after low oil prices http://eur.news1.yimg.com/eur.yimg.com/xp/afpji/2005072 9/050729235022.2x7an7mj0_an_offshore_oil_platform_ne ar_maracaibo_venezuelab.jpg

8. Hugo Chavez Attempted coup* leader in 1992 Elected President in 1998 Rewrote constitution Re-elected in 2000 & 2006 http://www.theeconomist.com *Coup d’etat – military take over of the government

9. Hugo Chavez (cont.) Uses oil wealth –Out of debt –Buying votes Propping up Cuba with oil Anti-U.S. alliance –Cuba, Bolivia, Ecuador http://www.rifondazione.it/savona/giovani/mondo17.jpg

10. Poor Venezuela I Before Chavez the rich stole from the poor –“Robber Baron” Capitalism With Chavez the poor steal from the rich –Chavez bought the poor people’s votes with oil money –Socialism Chavez dead now –The poor love him still

11. Poor Venezuela II Latin America was “Robber Baron” Capitalist in 1960 Most countries became more Free Market Capitalist Chavez moved to Socialism