Venezuelan dictator (I'm sorry Sean Penn, guess I'll have to go to jail for calling him that) Hugo Chavez is set to nationalize a fleet of oil rigs belonging to United States companies. Venezuela has suffered through the worst performing economy in Latin America this year. Given the Obama administration's policies of taking over companies to "save" (screw) the American economy, I wonder what justification President Obama could even try to use to protect American private assets overseas, especially given many of those on the left shouting for the President to seize BP. Then again, judging from the policies, it looks like Chavez might be Barry's hero.
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