Chavez seals his fate.

Regarding this story from AP, (sorry, link no longer works) It seems that among radical socialist reforms proposed by Venezuela's re-elected Hugo Chavez such as nationalizing the electricity, energy, and telecom industries he may have gone a step too far.

Chavez said "he wanted a constitutional amendment to eliminate the autonomy of the Central Bank and would soon ask the National Assembly, solidly controlled by his allies, to give him greater powers to legislate by presidential decree."

Hugo may find out the hard way who really holds the power in a nation stupid enough to allow central banking in the first place. Once a private central bank has the power to create fiat currency, literally a license to print money there is no way they will give it up.

Both Abe Lincoln and JFK tried to take the power to issue the currency back from the central banks, both learned that lesson first hand.

Its a very well kept secret, hidden in plain sight. The banking cartel is the real seat of power, greater than armies, (where do you think the money comes from to finance armies?) greater than politicians, who are just figureheads (who do you think finances the government deficit spending?). Nothing happens without money and credit, and money and credit come from the central bank.

Think you live in a democracy? or more accurately an democratic republic? Just try to do anything without the permission of those that make the money.