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Reply #160: This looks like a good place to remind people of the President [View All]

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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-03-04 11:24 AM
Response to Reply #159
160. This looks like a good place to remind people of the President
Hugo Chavez attempted to unseat, Carlos Andres Perez. This is a timeline covering the time between his election to the Presidency and his impeachment:
1988 Dec 4, In Venezuela, former President Carlos Andres Perez was declared the winner of the country's presidential election.
(AP, 12/4/98)

1989 Carlos Andres Peres took office and instituted bold reform plans. Increases in fuel costs and government reforms in Venezuela sparked extensive rioting and looting with hundreds of people killed.
(WSJ, 4/15/96, p.A-1)(WSJ, 5/22/96, p.A-16)(WSJ, 4/27/98, p.A16)

1989 An IMF loan was made to Venezuela.
(WSJ, 6/7/96, p.A15)

1990 Dec 7, As President Bush arrived in Venezuela on the last stop of his South American tour, his chief spokesman, Marlin Fitzwater, warned Iraq that there was "no lessening in the threat of war," despite Iraqs promise to release its hostages.
(AP, 12/7/00)

1991 US Customs intercepted a large cocaine shipment and began investigations. It was found to be part of a CIA operation out of Venezuela.
(WSJ, 11/22/96, p.A12)

1992 Feb 4, In Caracas, Venezuela, there was a coup attempt but Lt. Col. Chavez failed to capture the presidential Palace and was forced to surrender. He served 2 years in prison.
(WSJ, 6/12/03, p.A10)

1992 Nov 27, In Venezuela some 15,000 rebel forces under Lt. Col. Hugo Chavez tried but failed to overthrow President Carlos Andres Perez for the second time in 10 months. The coup left dozens dead and Chavez was jailed for 2 years and then pardoned by Pres. Rafael Caldera. Chavez was elected president Dec 6, 1998.
(AP, 11/27/97)(WSJ, 4/27/98, p.A16)(SFC, 12/7/98, p.A9)

1992 Irene Saez, the Miss Universe of 1981, was elected mayor of Chacao. By 1997 she was being considered for national leadership.
(SFC, 8/19/97, p.A8)

1993 Aug 31, Venezuela president Carlos Perez fled.
(MC, 8/31/01)

1993 Pres. Carlos Andres Perez was impeached. He was later charged with misusing $17 million security fund for election debts and a lavish inauguration.
(SFC, 5/31/96, A16)

1993 Rafael Caldera was elected president and promised not to increase fuel costs.
(WSJ, 4/15/96, p.A-14)

1994 Jan, Banco Latino failed and sparked a run on the currency that put the nation into its worst economic crises. Chairman Gomez Lopez left the country just before a warrant for his arrest on charges of fraud was issued. Ricardo Cisneros was on the board and fled after being charged with playing a role in the banks failure.
(WSJ, 7/31/96, p.A1)(WSJ, 9/18/96, p.A14)

1994 Pres. Caldera pardoned Hugo Chavez for the 1992 coup attempt, and asked him to leave the military.
(WSJ, 4/27/98, p.A16)

1994 Financial controls were imposed on the currency and the exchange rate was set to 170 to the US dollar. Almost the entire private banking system had to be nationalized at a cost of $8.5 billion, equivalent to three-quarters of the national budget. Responsible bankers took much of the money and fled abroad.
(WSJ, 12/12/95, p.A-15)(SFC, 12/8/99, p.A17)

1994 A riot and fire at the Sabaneta Prison in Maracaibo left 108 inmates dead.
(SFC, 10/24/96, p.C4)

1995 Venezuela devalued its Bolivar currency 41% to 290 from 170 to the US dollar.
(WSJ, 12/12/95, p.A-15)

1996 Jan, The government reopened the oil sector to private foreign investments.
(WSJ, 6/7/96, p.A15)

1996 Apr 15, Tens of thousands of striking Venezuelan teachers defied a government order to go back to their classrooms. The month-old stoppage has kept more than 6 million children out of school.
(SFC, 4/16/96, p.A-9)

1996 Apr 15, Pres. Rafael Caldera was expected to announce increases in fuel prices by as much as 850% from the 13-cent per gallon current cost.
(WSJ, 4/15/96, p.A-1,14)

1996 May 30, Former Pres. Carlos Andres Perez was convicted on corruption charges. He was sentenced to prison for 28-months and fined for misappropriation of $17 million from a secret security spending fund.
(SFC, 5/31/96, A16)(SFC, 5/28/97, p.A12)

It's also worth mentioning that he and his mistress were discovered to have deposited MORE money in U.S. banks than he had legally earned. Interesting, for sure.

He is a friend of the elder Bush, has lived in Miami and New York since he screwed the people of Venezuela royally, and has been connected with the coup plotters.
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