IMF would support a transition government in Venezuela
Posted: Saturday, April 13, 2002
Extract from Radio discussion dated 4th March 2002
Greg Palast: Well, in Part 4, you end up again with the taking apart of the government. And by the way, the real Part 4 is the coup d'etat. That's what they are not telling you. And I'm just finding that out in Venezuela. I just got a call from the President of Venezuela.
Alex Jones: And they install their own corporate government.
Greg Palast: What they said was here you've got an elected president of the government and the IMF has announced, listen to this, that they would support a transition government if the president were removed. They are not saying that they are going to get involved in politics - they would just support a transition government. What that effectively is is saying we will pay for the coup d'etat, if the military overthrows the current president, because the current president of Venezuela has said no to the IMF. He told those guys to go packing. They brought their teams in and said you have to do this and that. And he said, I don't have to do nothing. He said what I'm going to do is, I'm going to double the taxes on oil corporations because we have a whole lot of oil in Venezuela. And I'm going to double the taxes on oil corporations and then I will have all the money I need for social programs and the government - and we will be a very rich nation. Well, as soon as they did that, they started fomenting trouble with the military and I'm telling you watch this space: the President of Venezuela will be out of office in three months or shot dead. They are not going to allow him to raise taxes on the oil companies. More