Venezuela is in dire straits and in the wake of the death of socialist strongman Hugo Chavez, his successor socialist, facing electoral defeat may go even further than Chavez to retain power. Where Chavez wanted to re-write the Venezuelan Constitution to remain in power, it sound like Nicolas "who, now?" Maduro sounds practically ready to roll out the troops.
Tough talk, but right now he holds all the guns.A defiant President Nicolas Maduro said he would give no quarter to the Venezuelan opposition in spite of his own party’s crushing defeat in last weekend’s mid-term parliamentary elections.Mr Maduro vowed to block “the counter-revolutionary right” from taking over the country. “We won’t let it,” he said.The outburst came as electoral authorities gave final confirmation that the coalition of opposition parties had not only pushed the ruling party into the minority in the national assembly for the first time since 1999 but had, after final results came in, secured a two-thirds majority that, in theory, will allow it to pass laws without the President’s support, replace his ministers and potentially move to replace him.