Chavez will not be sworn in on inauguration day

[Judi Lynn]

27. It's awful seeing you, explaining Venezuelan history to the other one.Not even close.

He led a coup against the man, former President Carlos Andres Perez who had ordered first the police to fire directly into crowds of protesting Venezuelans, then, after the police walked off the job, refusing to do it, he called out the military to continue the massacre in the horrendous filthy murder of Venezuelan citizens.

Hugo Chavez surrendered, and was imprisoned for two years, Carlos Andres Perez was impeached, and Venezuela's next President, Rafael Correa, pardoned him.

From a Wiki entry:

The Caracazo or sacudón is the name given to the wave of protests, riots and looting and ensuing massacre[1] that occurred on 27 February 1989 in the Venezuelan capital Caracas and surrounding towns. The riots — the worst in Venezuelan history — resulted in a death toll of 3,000 deaths,[2] mostly at the hands of security forces. The main reason for the protests were the neoliberal, pro-market reforms imposed by the government of Carlos Andrés Pérez, who had recently been elected in a campaign where he promised the opposite of such reforms.[1]

~snip~
Consequences

The clearest consequence of the Caracazo was political instability. The following February, the army was called to contain similar riots in Puerto La Cruz and Barcelona, and again in June, when rising of transportation costs ended in riots in Maracaibo and other cities. The free-market reforms programme was modified. In 1992 there were two attempted coups d'état, in February and November. Carlos Andrés Pérez was accused of corruption and removed from the presidency. Hugo Chávez, an organiser of one of the coups, was found guilty of sedition and incarcerated. However, he was subsequently pardoned by Pérez's successor, Rafael Caldera, and went on to be elected president after him.

In 1998, the Inter-American Commission on Human Rights condemned the government's action, and referred the case to the Inter-American Court of Human Rights. In 1999, the Court heard the case and found that the government had committed violations of human rights, including extrajudicial killings. The Venezuelan government, by then headed by Chávez, did not contest the findings of the case, and accepted full responsibility for the government's actions.[3]

More:
http://en.wikipedia.org/wiki/Caracazo