AP: Chavez Wasted His Money on Healthcare When He Could Have Built Gigantic Skyscrapers

One of the more bizarre takes on Venezuelan President Hugo Chavez's death comes from Associated Press business reporter Pamela Sampson (3/5/13): Chavez invested Venezuela's oil wealth into social programs including state-run food markets, cash benefits for poor families, free health clinics and education programs. But those gains were meager compared with the spectacular construction projects that oil riches spurred in glittering Middle Eastern cities, including the world's tallest building in Dubai and plans for branches of the Louvre and Guggenheim museums in Abu Dhabi. That's right: Chavez squandered his nation's oil money on healthcare, education and nutrition when he could [...]

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AP: Chavez Wasted His Money on Healthcare When He Could Have Built Gigantic Skyscrapers


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