What else would a Murdoch publication say. They have marching orders, salute and obey. So does Carnegie Endowment for International Peace analyst Moises Naim. The Journal writers quoted him saying:
"You have the head of a petrostate with authoritarian propensities who controls the legislative branch, the supreme court, the electoral tribunal and the oil industry which generates 98% of the country's wealth, without any checks and balances."
The entire article wreaked with misinformation. Corporate media scoundrels offer nothing else.
Bloomberg headlined "Chavez Election Victory Signals Accelerated Socialist Revolution," saying:
Since taking office in 1999, "he nationalized more than 1,000 companies or their assets"" Nationalizations were far fewer. He paid fair compensation every time. No one was cheated.
"With voters giving the former paratrooper another six-year term, he'll probably push policies, such as currency controls and takeovers, that have driven away investors"."
Chavez combines populism with business friendly practices. Level playing field politics perhaps best describes it. Before crisis conditions erupted in 2008, banker profits were so high they said they were "having a party."
During today's hard times, Venezuela's growth is impressive. Q II 2012 advanced 5.4%. In contrast, Europe's in recession. America is close. Economist Jack Rasmus predicts it in 2013. He calls overall conditions dire.
In a section devoted to Chavez, The New York Times said the "fiery socialist defeated a youthful, more moderate challenger"."
"He is an ailing and politically weakened winner facing an emboldened opposition that grew stronger and more confident as the voting neared, and at times seemed to have an upset victory within reach."
The Times spent the last dozen years or longer beating up on him mercilessly. It can't bear admitting social democracy works. It supports wealth and power. It spurns ordinary people. It calls fascist America democratic. It calls the real thing in Venezuela autocratic. Truth was never The Times' long suit.
The Dallas Morning News was no better. Its editorial headlined "Venezuela's sad electoral statement," saying:
"Score another lamentable election victory for Venezuelan President Hugo ChÃ¡vez. The fiery, anti-U.S. revolutionary now has another six-year term to continue with the plans he launched after his first election in 1998 to dismantle Venezuela's free-market economy and pursue his anachronistic socialist agenda."
Washington has "national security" concerns to worry about for another six years. Chavez "rankled US leaders" by friendly relations with governments America opposes.
His "so-called Bolivarian revolution has proved hollow. Revolutionary socialism is almost impossible to sustain".Chavez should increasingly be dismissed for what he is - a toothless tiger."