August 24, 2013
Absolute Corruption in Venezuela
Raul Gallegos, Bloomberg
Venezuelan President Nicolas Maduro has lately been accused of hypocrisy for seeking enhanced powers to rule by decree so that he can tackle the corruption that rots Venezuela's political institutions. The accusation is fitting. Maduro is finally admitting that the Venezuela he inherited from the late Hugo Chavez is wracked by corruption, just five months after he famously claimed, “There is no corruption, for the first time in the history of Venezuela, in 180 years.” Plus, after 14 years in power, Maduro's own Chavistas -- as Chavez's political allies are known -- have a well-documented struggle with graft.