Venezuelan president Hugo Chavez had a few choice words to say about the international economy and U.S. diplomatic efforts in Iran.“Capitalism needs to go down. It has to end. And we must take a transitional road to a new model that we call socialism" said Chavez during his state visit to Iran. Chavez also blamed the U.S. and Great Britain for imposing a financial model that exacerbated the global financial crisis.
Aside from the interview, Chavez also expressed doubts that the U.S. can seek peaceful relations with Iran. "I don't have much hope, because there is an empire behind him. He's the president of an empire," Chavez said about U.S. President Barack Obama.
Earlier today, Venezuela and Iran strengthened their economic ties:
Iran and Venezuela on Friday inaugurated a joint bank to finance their development projects, during a visit by Venezuelan President Hugo Chavez to Tehran, state media reported.Image- PRESS TV
The Iran-Venezuela Joint Bank, based in Tehran, has an initial capital base of 200 million dollars, with each nation providing half of the funds, the state broadcaster said…
"What happened today represents a strong will to build a new world," Iranian President Mahmoud Ahmadinejad said, attending the opening ceremony with Chavez…
Chavez, a vocal cheerleader in Latin America for Iran and its nuclear ambitions, was quoted as saying that the two countries should "further strengthen their trade cooperation."
Online Sources- AFP, PRESS TV, AP, Milenio
the capitalist model is depleting the world of every resource--the banking system in the USA-UK model is parasitic at best--every nation the world bank-IMF -GO INTO BECOME HOSTAGE!--and host --resources are d away-the tribes of indiginous people are basically enslaved--child labor, child sex slavery --grow--in the USA people are being dispossessed of their homes and a million children are living out on the streets -this is the picture of what being infected with american style capitalism brings--yes--it needs to go-there is universal-global support for the necessary change to more equality-
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