Monday, September 29, 2008

Venezuela's Chavez sees America as a 'sinking ship'

President Hugo Chavez of Venezuela Thursday described the U.S. economy as "a sinking ship" in the final throes of capitalism but pledged that he would not cut off oil exports to the U.S. unless his nation were attacked.

Chavez, speaking moments before flying on to Russia as part of a five-nation tour, said Venezuela's sharply rising oil exports to China wouldn't cut into sales to U.S. or other markets

[if only we had our own oil deposits]

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