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A brief explanation of the crisis and coup in Venezuela

Prof. Chossudovsky is a renowned expert on Latin America and gave an important interview to broadcaster and journalist, Bonnie Faulkner ( and the below is a summary of the key points of this very illuminating interview.

This is an extremely important explanation of the situation, summarised. It is a must read for anyone confused about what is going on in Venezuela.

Prof. Chossudovsky recently discussed the economic and political crisis in Venezuela, and with a good deal of expertise and authority having been a past Advisor to the Venezuelan Minister of Planning.

It is hoped the following accurately distils his views for readers to comprehend the basics of this rather disgraceful attempt at regime change by the US Government.

To start with one must explain the three key objectives of the US:

– Install a US proxy regime,

– Confiscate the country’s extensive oil wealth (Venezuela has the largest oil reserves Worldwide),

– Impoverish the Venezuelan people.

A few weeks ago, President Trump announced that the U.S. would recognize without an election, Speaker of the Venezuelan parliament, Juan Guaidó as the legitimate President of Venezuela.

According to The Wall Street Journal, Vice President Mike Pence called Guaidó the night before Trump’s announcement and pledged that the US administration would support him.

Ironically, Chossudovsky wryly points out, the position of Speaker of the National Assembly (Parliament) of Venezuela, held by Juan Guaidó, is comparable to that of the Speaker of the U.S. House of Representatives and, of course, the leader of the majority party, the Democrats, which is currently Nancy Pelosi. There are certain differences from the constitutional standpoint, but what President Trump has intimated in declaring that Guaidó is the interim president of Venezuela is tantamount to saying, “Hey, Donald Trump, what about unelected Nancy Pelosi for US President?”

Why can’t for example President Maduro of Venezuela say, “We would like Nancy Pelosi to be the President of the United States….and then, of course, we’ll go to the UN Security Council to have it endorsed.”

That illustrates the ridiculousness of such political discourse but also the shear fantasy of U.S. foreign policy.

Chossudovsky says it is ‘a novelty’ in relation to regime change. “We have military coups in Venezuela going back to the early 20th century – a whole bunch of military coups. We have color revolutions, which instigate protest movements. That is already ongoing in Venezuela. Then we have this new formula of intimating that we don’t like the President; have him replaced by the Speaker of the House. And that’s, of course, a very dangerous discourse because, as I mentioned, it could backlash onto President Trump himself.”

Russia and China backed Maduro but France, Britain, Spain and Germany said they would recognize Juan Guaidó as President unless Venezuela calls a new presidential election “within eight days”.

But wait a minute. Maduro was elected, he won the Presidency of Venezuela democratically and with a large majority.

France’s President Macron also won the Presidential election with a a very slim majority and nobody is questioning Macron’s Presidency except of course the Yellow Vest movement which is throughout France. That doesn’t seem to be making the headlines anymore and on the contrary people in Venezuela are taking to the streets to endorse Maduro.

The fact of the matter, the Professor continues is that “all these leaders in Europe are, first of all, caving in to U.S. foreign policy; they are essentially behaving as U.S. proxies”.

Adding “Under a constitutional democracy, how is it that they could actually support the United States in calling for the Speaker of the National Assembly of Venezuela to become President of the country? It’s an absurd proposition, and that this would then get to the United Nations Security Council is even more absurd.”

“It’s a very complex process, and I think people have to understand first of all that Venezuela has the largest oil reserves worldwide; more than Saudi Arabia, both traditional crude as well as tar sands, which are extensive but also very easy to manage and produce compared to those of Canada, for instance. What is at stake is a battle for oil.”

Now when we look at what is happening in Venezuela today and where the U.S. policymakers say, “We want to come to the rescue of the people who have been impoverished.”

In reaction, Chossudovsky asserts “this is a nonsensical statement. The history of Venezuela was a history of poverty right until Chavez became President. They retained that level of poverty and exclusion. Not to say that there aren’t very serious contradictions (within Venezuelan society); that’s another issue.”

Further explaining that the “U.S. Foreign policy wants to restore. They want to restore Venezuela as a subordinate country with a poor population and elites that are aligned with the United States. That is the nature of the crisis which is ongoing today in Venezuela.”

Chossudovsky importantly also reminds us “Now, there’s another thing I’d like to mention, which I think is very important. What has been the response today to this crisis? I saw recently a statement by a number of progressive authors and it essentially says that there should be mediation or negotiation between both sides. I think that that is something which is rather much misunderstood. There cannot be mediation between the government of Venezuela and a proxy for the CIA, which is Guaidó.

The Professor concluded by saying “Our thoughts today are with the Venezuelan people”

A final comment I would like to make is before our governments embark on more adventures and regime changes, it might be opportune to ponder these indirectly relevant facts. The US Military deaths in action since 1999 were 5,273. US Veterans since 1999 was a whopping 128,240 and counting. What does that tell you as a reader?

Professor Michel Chossudovsky is author of 11 books. The complete lengthy interview is available on the Global Research website, for those interested.

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of The Duran.

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Olivia Kroth
February 12, 2019

For the Venezuelan Government of President Nicolas Maduro, it is not important at all what the US aims at. For them it is only important what the Venezuelan people need and want. Such “experts” as “Prof. Chodussovsky” are totally irrelevant.

Olivia Kroth
Reply to  Olivia Kroth
February 13, 2019

TASS reports Russia interested in joining Venezuela contact group — diplomat “We raised the issue before the organizers of a conference in Montevideo from the very start,” he said PARIS, February 12./TASS/. Moscow is raising the issue of joining the International Contact Group on Venezuela “at least” as an observer, Deputy Foreign Minister Sergey Ryabkov told journalists on Tuesday. According to Ryabkov, recent contacts in Montevideo within the framework of a Mexico-Uruguay initiative to set up a contact group with the participation of the EU and some Latin American countries were not backed unanimously by the international community. “Forces have… Read more »

Olivia Kroth
Reply to  Olivia Kroth
February 13, 2019

Russia slams US pressure on Venezuela’s top brass to defect as unprecedented meddling World February 11, 15:49 UTC+3 Moscow constantly maintains contacts with the Venezuelan authorities in a normal, working routine, the diplomat stressed MOSCOW, February 11. /TASS/. Moscow has castigated Washington’s drive to push the Venezuelan military into swtiching their oath of allegiance as blatant interference in Venezuela’s affairs, Director of the Russian Foreign Ministry’s Latin American Department, Alexander Shchetinin, said. “This is because the direct appeal by a foreign state to the armed forces of another country, no matter what form it may take, for the purpose of… Read more »

February 12, 2019

In-depth analysis

Venezuela confronts US-backed right-wing coup

President Nicolas Maduro has repeatedly called for the restoration of talks between his government and the opposition in order to maintain peace and avoid a U.S.-backed coup, or even military intervention by the United States in favor of removing him and placing an unelected right-wing government.

February 12, 2019

A brief explanation of the crisis in faltering USA, explained shortly by Prof. Olivia Kroth:
The US has been in deep financial crisis because it has been printing green toilet paper for decades, selling it as the “US dollar”.

Professor Kroth also importantly reminds us that foreign governments do not need this green toilet paper any more, they prefer to trade in their own currencies or with gold payments. This is the main reason why the US economy is going down.

February 12, 2019

What about 128000 veterans? Did they get killed as private contractors somewhere?

Olivia Kroth
Reply to  Mike
February 13, 2019

This is obviously not a “must read”, explained importantly by the all-important Prof. Chodusomething. Have you heard the name of this all-important “Professor” before? I have not. Well, “guns and butter” will explain it all to us dull readers wno know naught … What a strange name for a strange site.
The Duran’s choice of texts gets stranger and stranger ….

Olivia Kroth
February 13, 2019

US-led draft resolution on Venezuela completely unbalanced — Russia’s UN envoy World February 13, 3:30 UTC+3 The diplomat described the situation in general as “a very unfortunate attempt to interfere in the politics of a sovereign country” UN, February 13. /TASS/. Russia’s UN envoy, Vasily Nebenzya, has described the draft of the UN Security Council resolution on Venezuela as “completely unbalanced.” The draft resolution, obtained by TASS, contains a call for presidential elections in the country. In response, Moscow has prepared its own variant calling for dialogue. Both documents are now being considered by experts and are yet to be… Read more »

Olivia Kroth
Reply to  Olivia Kroth
February 14, 2019

TASS reports: Maduro says Venezuelan opposition leaders will be ‘brought to justice’ World February 14, 0:47 UTC+3 Venezuelan President Nicolas Maduro said the crisis in Venezuela was organized by the United States regime BEIRUT, February 13. /TASS/. Venezuelan opposition leaders “have acted against the interests of the Venezuelan people and caused damage to the state,” Venezuelan President Nicolas Maduro told Al Mayadeen TV channel on Wednesday. He added that the crisis in Venezuela was organized by the United States regime. “They [opposition leaders] are puppets who serve the extremist administration of Donald Trump that wants to colonize Venezuela,” the Venezuelan… Read more »

Olivia Kroth
Reply to  Olivia Kroth
February 14, 2019

TASS REPORTS: Diplomat warns false flag brewing under cloak of humanitarian convoy for Venezuela Russian Politics & Diplomacy February 14, 11:30 UTC+3 The possibility of a military intervention is just a “red line for all of Latin America”, the Russian diplomat warned MOSCOW, February 14. /TASS/. A false flag involving victims is being devised for Venezuela to justify an outside invasion of the Latin American country, Russian Foreign Ministry Spokeswoman Maria Zakharova told reporters at Thursday’s press briefing. “A provocation, involving victims, is being put together under the guise of a humanitarian convoy,” Zakharova stressed. “They need it just as… Read more »

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