I know you could *cough* me, but this isn't just about nationalizing some industries. This guy seriously wants to be king.
And not only can he just implement laws from his throne but...
Chavez began his third term last week by announcing his intent to nationalize key sectors of the economy, rewrite the country's constitution to eliminate presidential term limits, and strip the Central Bank of its autonomy.
Note the middle bit. Re-write the constitution to eliminate term limits.
Sure, I'm not surprised that they want to just steal, I mean nationalize all of the foreign-owned oil industry in the country. That's almost a tradition now. But ladies and gents, what do we call "Ruling by decree without term limits"? I keep having the song from Lion King going through my head...I just can't wait to be King.