Remember not long ago when Hugo Chavez strutted up to the podium at the UN, called President Bush the devil, and predicted the U.S. is on its way down?

The U.S. is in trouble, but not for the reasons which Chavez and those of his ilk would have us believe.

I personally don’t care for Chavez’s politics. He is an unabashed Marxist socialist.

That aside, it’s hard to argue with his assessment made on Venezuelan television a couple of days ago, as reported by Bloomberg: "I nationalize strategic companies and get criticized, but when Bush does it, it's OK. Bush is turning socialist. How are you, comrade Bush?''

Chavez may naively believe Bush is turning socialist. But the fact is socialists have been running the Executive Branch for several decades.

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