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Clif Brown's avatar

The Venezuelan grab reminds me of the situation in Iran when we arranged to have Mosaddegh overthrown after he had nationalized the oil infrastructure owned by Britain. The Shah then took power and allowed a consortium of oil companies (US gets a big win here) to jointly own the infrastructure along with the British.

The most arrogant thing Trump has said is that we are now in charge of Venezuela's oil but will benevolently see to it that the Venezuelans benefit...after US companies get "paid back" for their investment. In other words, Venezuela taking control of its own natural resource is a theft from the US! It's exactly what Britain said about Iranian oil.

The US has no need for Venezuelan oil as we are already the top producer in the world. It is all about power and control of oil.

BTW - the military budget is up to $1 trillion and the Trump administration is requesting a 50% increase for 2027.

Jon Olsen's avatar

Solidarity from Kapolei, Hawai'i.

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