Raining on Chavez parade: the Washington Post calls it as it is

An absolutely delightful editorial from the Washington Post, giving the right scope and evaluation to what happened in last Sunday elections. Oh man, do I love their last paragraph!

In fact, Mr. Chávez's rule contains the seeds of its own destruction. His wild use of oil revenue -- government spending has grown eightfold during his eight years in office -- has gone mainly for consumption or foolish foreign adventures. Investment in the economy, and even in the oil industry itself, is paltry, and most experts believe Venezuela's petroleum production has declined. Crime and corruption are soaring: Murders are up 67 percent during the Chávez era. If oil prices continue to drop, Mr. Chávez's revolution eventually will be revealed for what it is: a populist fraud.

Woe is us!!!!

-The end-

Tags: elecciones3D, chavez, washington post