Venezuelan Dictator Seizes Oil to Buy Weapons

Networks ignore socialist Chavez’s power grab, but attacked Big Oil just for making profits.

By Ken Shepherd
Free Market Project

Venezuelan President Hugo Chavez’s offer of subsidized heating oil to the frosty northeastern United States this past winter was met warmly by the broadcast media. But network interest in Chavez turned stone-cold with the dictator’s springtime pursuit of Russian weapons financed by his country’s state-owned oil supply. Read more....