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LATIN AMERICA |
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Chavez: Bank Intervention Protects
Money Savers
CARACAS - The
government intervention of seven banks in
Venezuela is aimed at protecting money
savers and their rights, said President Hugo
Chavez.
On his Lineas Dominicales (Sunday Lines),
Chavez said the goal is to protect the over
7,000 clients that trusted those banks, so
the state took over the administration of
two of them to strengthen and brace support
to the needy.
The Venezuelan leader stressed on the need
to insist on the great difference between
the revolutionary state we are creating with
the people's needs as top priority, which is
contrary to a burgeois state.
In this regard, he reminded that previous
Venezuelan governments, like in the US, used
to back its corrupt bankers and neglected
their clients, as under Rafael Caldera
(1994-1999).
During the 1994 crisis they embezzled stored
money and state funds and none of the
fleeing bankers paid for their crimes.
In his opinion, leaving the criminals
without due punishment would compare to
letting down the people and would seriously
hurt national feelings.
The embezzlers must be exposed as what they
really are, vulgar thieves, white-collar
rats, pickpockets and kleptomaniacs capable
of emptying both your pocket and your home,
stressed Chavez.
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