Bloomberg Discovers Trump's Plan for Venezuela's Oil, Ignores US History
Bloomberg's breathless report on Trump's 'plan' for Venezuela suggests a novel approach to international relations: 'attacked Venezuela and deposed its president, Nicolas Maduro,' then 'big plans for the country’s oil industry and its vast reserves.' One might wonder if this strategy sounds vaguely familiar. Perhaps to anyone who remembers the U.S. role in the 2002 coup attempt against Hugo
Chávez, the extensive sanctions apparatus decimating Venezuela’s economy from the Obama administration onward, or even the 1953 Iranian coup safeguarding Western oil interests. The 'plan' here isn't new; it's a worn-out playbook. Calling this a 'Trump plan' conveniently sidesteps decades of bipartisan U.S. foreign policy focused on controlling Latin American resources and installing amenable
regimes. The U.S. has spent years financially crippling Venezuela, including freezing its assets and imposing oil sanctions that, according to the Center for Economic and Policy Research, contributed to 40,000 deaths between 2017 and 2018 alone. The media frames U.S. aggression as merely 'attacking' and 'deposing' rather than chronic state-sponsored economic warfare, all while hyping the next 'big
plan' to seize another nation's wealth.