Michael Ramirez on Hugo Chavez of Venezuela

CNN: Chavez says he’s ready to transform Venezuela

President Hugo Chavez says nothing can stop him from swiftly transforming Venezuela into a socialist state, and he faces few obstacles now that a crushing re-election win has given him free rein to pursue more radical changes.

His first big move — to nationalize “strategic” power and telecommunications companies — heralds a series of planned “revolutionary laws” that remain vaguely defined. But with oil profits booming and his popularity high, Chavez appears to be in step with a majority of Venezuelans even as spooked investors dumped shares in the affected companies.

“Everything the man is doing is good,” said Orlando Vera, a 63-year-old window washer, on Tuesday, adding that his economic situation has improved under Chavez. As for nationalization, Vera said it makes sense for companies that serve the public interest.

Chavez, an admirer of Fidel Castro, says he is crafting a new sort of “21st Century Socialism.” Critics say it is starting to look like old-fashioned totalitarianism by a leader obsessed with power.

“Fatherland, socialism or death — I take the oath,” Chavez said.

A Fidel Castro Communist style dictator in the making.

A fearless leader with life tenure?

Nationalization, laws by decree, elimination of elections – Where have we heard this before?

Technorati Tags: MichaelRamirez, HugoChavez