The lawmakers of Venezuela are handing over power to make new laws by decree to Chavez, without anyone else having any authority in the decisionmaking. He says this is so the laws don't have to be stuck going through a process and can be implemented a faster. He is also abolishing term limits.
"The law also allows Chavez to dictate unspecified measures to transform state institutions; reform banking, tax, insurance and financial regulations; decide on security and defense matters; and adapt legislation to ensure "the equal distribution of wealth" as part of a new "social and economic model." Opponents contend the law dangerously concentrates power in the hands of one man."
Anyway else shuddering at this?





