Hugo Chavez Watch: Iran and Venezuela Plan to Fund Projects – To Thwart United States Domination
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Iran ‘s President Mahmoud Ahmadinejad, left, and his Venezuelan counterpart Hugo Chavez stand at attention outside Miraflores presidential palace in Caracas, Saturday, Jan. 13, 2007.
AP: Iran and Venezuela plan anti-U.S. fund
Venezuela’s Hugo Chavez and Iran’s Mahmoud Ahmadinejad — fiery anti-American leaders whose moves to extend their influence have alarmed Washington — said Saturday they would help finance investment projects in other countries seeking to thwart U.S. domination.
The two countries had previously revealed plans for a joint $2 billion fund to finance investments in Venezuela and Iran, but the leaders said Saturday the money would also be used for projects in friendly countries throughout the developing world.
“It will permit us to underpin investments … above all in those countries whose governments are making efforts to liberate themselves from the (U.S.) imperialist yoke,” Chavez said.“This fund, my brother,” the Venezuelan president said, referring affectionately to Ahmadinejad, “will become a mechanism for liberation.”
“Death to U.S. imperialism!” Chavez said.
Venezuelan President Hugo Chavez(L) welcomes Iranian President Mahmoud Ahmadinejad at the Miraflores Presidential Palace in Caracas. Iran and Venezuela called for new OPEC oil production cuts to support plunging crude prices.
Ahmadinejad, who is starting a tour of left-leaning countries in the region, called it a “very important” decision that would help promote “joint cooperation in third countries,” especially in Latin America and Africa.
It was not clear if the leaders were referring to investment in infrastructure, social and energy projects — areas that the two countries have focused on until now — or other types of financing.Iran and Venezuela are members of the Organization of Petroleum Exporting Countries, and Chavez said Saturday that they had agreed to back a further oil production cut in the cartel to stem a recent fall in crude prices.
“We know today there is too much crude in the market,” Chavez said. “We have agreed to join our forces within OPEC … to support a production cut and save the price of oil.”
Isn’t it clear as to how the United States should proceed?
ENERGY INDEPENDENCE
The United States must use its technology to free itself from the OIL YOKE attempting to be imposed by totalitarian dictators like Hugh Chavez and Mahmoud Ahmadinejad.
Solutions:
Drill in ANWR and further develop American oil reserves – cutting dependence on Venezuela and Middle East oil
Develop more nuclear power plants
Use technology to develop alternative fuels and electric power for automobiles, trucks and trains.
But, the United States needs to start today…….
Stay tuned……..
Iran’s President Mahmoud Ahmadinejad(C-L) is received by Venezuelan Vice President Jorge Rodriguez(C-R) upon his arrival to Simon Bolivar international airport in Caracas. Ahmadinejad, seeking support among Washington’s critics, arrived for talks with his ideological “brother” President Hugo Chavez in a decidedly anti-US Latin American tour.
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