UPDATE: The headline was changed on 6 February at 11:57am to change “admits” to “says”
Bloomberg Markets: Asia provided a rare glimpse of truth into the Western-backed coup in Venezuela recently. The remarks were made by investor Mark Mobius, who “exited from his Venezuela investments” after Hugo Chávez became president in 1999.
Venezuela looks “very interesting” if there’s a coup
Mobius told Bloomberg:
Thank God we listened to what [Chávez] was saying. He said he was going to take over all these companies. We said ‘we’re out of there’…
Now we’re interested, I think, if there’s a change – a real change – in government, Venezuela would be very, very interesting
Mobius’s “interest” is unsurprising. Because the Western-backed right-wing opposition has a fierce privatisation agenda. The Canary previously quoted journalist Ben Norton describing how:
“in the immediate wake of the US anointing Juan Guaidó as Venezuela’s supposed ‘president'”, there are already “rapid moves to privatise Venezuela’s oil and open the door for multinational corporations”.
“An unmitigated disaster”
Jorge Martin, secretary of the Hands Off Venezuela campaign, warned that:
the overthrow of this government at the hands of imperialism would be an unmitigated disaster for the workers and the poor
and that it would lead to:
wholesale privatisation of state property, return of the land to the former owners, mass layoffs in the public sector, the abolition of all social programmes of the revolution.
Martin also told The Canary that:
In order to establish such a regime, they would have to smash the organisations of the workers and peasants and destroy their active cadres. This must be opposed staunchly, not only by socialists, but by any consistent anti-imperialists and democrats.
“All about oil”
And in case there was any doubt, the long-time investor concluded his thoughts by saying:
You must remember: this is all about oil. The US wants to get a hold of this oil; at the end of the day, because – as you know – Venezuela has been a big supply to the US, and Trump is interested in lower gas prices – lower prices at the pump – so… if we look at it from the viewpoint of oil then we can understand what’s happening with Venezuela.
No ambiguity there https://t.co/8Yeg1ZIO9x
— venezuelanalysis.com (@venanalysis) January 29, 2019
Venezuela reportedly has the planet’s largest confirmed oil reserves.
On 4 February, The Canary reported on an establishment “expert” admitting that US sanctions on Venezuela are designed to “make the economy scream”.
In other words, this has nothing to do with democracy – just as author and activist Tariq Ali recently told The Canary. That’s what peace activists, internationalists, major public figures, and others have all made clear for some time now. And we must listen to them.
Featured image via Bloomberg/YouTube
- In the US: write to your Congressperson and demand that they oppose the coup and end the crippling US sanctions that are exacerbating the humanitarian situation.
- In the UK: write to your MP and ask them to oppose the coup and return Venezuela’s gold to the Maduro government to help alleviate the suffering of Venezuela’s people.
- In the UK: Attend the demo outside the Bank of England on 7 February 2019 to demand they return the 14tonnes of gold that they are illegally withholding from Venezuela.
We need your help to keep speaking the truth
Every story that you have come to us with; each injustice you have asked us to investigate; every campaign we have fought; each of your unheard voices we amplified; we do this for you. We are making a difference on your behalf.
Our fight is your fight. You’ve supported our collective struggle every time you gave us a like; and every time you shared our work across social media. Now we need you to support us with a monthly donation.
We have published nearly 2,000 articles and over 50 films in 2021. And we want to do this and more in 2022 but we don’t have enough money to go on at this pace. So, if you value our work and want us to continue then please join us and be part of The Canary family.
In return, you get:
* Advert free reading experience
* Quarterly group video call with the Editor-in-Chief
* Behind the scenes monthly e-newsletter
* 20% discount in our shop
Almost all of our spending goes to the people who make The Canary’s content. So your contribution directly supports our writers and enables us to continue to do what we do: speaking truth, powered by you. We have weathered many attempts to shut us down and silence our vital opposition to an increasingly fascist government and right-wing mainstream media.
With your help we can continue:
* Holding political and state power to account
* Advocating for the people the system marginalises
* Being a media outlet that upholds the highest standards
* Campaigning on the issues others won’t
* Putting your lives central to everything we do
We are a drop of truth in an ocean of deceit. But we can’t do this without your support. So please, can you help us continue the fight?