With few exceptions the nations of Latin America began with Spanish and Portuguese explorers and Conquistadors establishing colonies, and Catholic missionaries bringing their religion to the continent.
The American Monroe Doctrine of December 2, 1823 declared Latin America to be an American sphere of influence. Since that time the United States has dominated Latin America overthrowing dozens of governments not to its liking and dominating the region for its own benefit.
In general Latin Americans have seen the US as a big brother who was very helpful in many ways but was also a big bully; and a love hate relationship developed which has existed for almost two hundred years.
Venezuela officially began nationalizing its oil industry on 1 January 1976 at the site of the Zumaque oil well 1 (Mene Grande), and along with it came the birth of Petróleos de Venezuela S.A. (PDVSA) which is the Venezuelan state-owned petroleum company.
From then on instead of renewing their leases, Venezuela required all foreign oil companies that once did business in Venezuela to be replaced by Venezuelan companies when their concession leases ran out.
Each of the former concessions was simply taken over by the new ‘national’ oil company, which maintained the structures and functions of its multi-national corporation (MNC)-predecessor.
The heavy oil projects in the Orinoco Petroleum Belt formerly operated by international oil companies ExxonMobil ConocoPhillips, Chevron and Total collapsed do to US sanctions after Hugo Chávez officially took office in February 1999 and the country’s national oil industry was then tied directly to the state under his Bolivarian Revolution.
This move by Chavez has resulted in even heavier US sanctions accompanied by intervention in Venezuelan politics on behalf of the US based oil companies.
The sanctions and actions by the US Agency for International Development (USAID) and its Office for Transition Initiatives (OTI) has now brought Venezuela to the brink of complete collapse.
While the US agonizes over whether others have interfered in its elections, the United States is the world’s biggest interventionist power.
Do to US sanctions the Chávez and the later Maduro governments were forced to use PDVSA resources to fund social programs to keep the country from complete economic collapse. This resulted in a lack of investment in maintaining the oil production infrastructure exacerbating the problems.
All of this was the direct result of the US intervening in Venezuelan internal affairs on behalf of the US based oil companies, with the US now claiming that the present trouble is the result of Venezuela mismanagement.
In 2015 the US sponsored and supported opposition appeared to win a majority in the National Assembly of Venezuela: However, the Venezuelan Supreme Court barred four lawmakers from taking their seats while it probed allegations of electoral fraud.
As a result, only 163 of the 167 lawmakers were sworn in. The next day, the barred opposition deputies were illegally sworn in over protests by members from the legislature’s minority who announced their intention to challenge the illegal actions at the Supreme Court.
The Supreme Court of Venezuela then held that the National Assembly was in contempt of the court. The move created a political stalemate, and to resolve the situation president Maduro called for the election of a Constitutional Assembly to amend the constitution concerning how to handle the situation. The present illegal National Assembly refused to accept a Constitutional Assembly with the power to resolve the situation.
The present speaker of the illegal National Assembly Juan Guaido, has instead declared himself the legitimate president after making a deal with the US based oil companies. The US has recognized his coup attempt and is supporting him and trying to send aid to him and his supporters labeled “Humanitarian aid” which is being blocked by the Venezuelan army.
In a new attempt to resolve the situation Venezuelan President Nicolas Maduro on Feb 2, proposed early National Assembly elections to resolve the dispute over the four seats, which proposal was immediately rejected by Guaido.
President Maduro has requested Papal intervention and the Pontiff has agreed to help mediate the escalating crisis in Venezuela if Guaido will also agree.
The Catholic church is very influential in Venezuela and arbitration by the Vatican could end the crisis and elevate this Pontiff to a very high status as a man of peace and moral authority while swinging Latin America towards Europe, but at present Guaido does not agree to mediation.
Spain is planning to spearhead compassionate aid for Venezuela presently planned to be funded by frozen Venezuelan assets and funneled through Guaido, but Maduro objects to the use of assets “stolen” from the present government entering the country as aid for Guaido supporters.
A Middle East war is fast approaching and Venezuela could simmer for some time.
Very soon now a Roman Pontiff will be set up doing miracles, and a new, very Catholic Federal Europe will arise almost immediately after that.
The political leader and the Pontiff will have the needed charisma, influence and broad acceptance, to influence the opposition to accept mediation and arbitrate the Venezuela crisis, crafting a solution.
A deal could be as simple as the charismatic miracle worker influencing the US backed rebels to hold new elections.
Regardless of how the troubles in Venezuela are resolved, there is little doubt that Latin American’s are tired of American interventions to line America’s pockets at their expense, even if some countries are intimidated into supporting the US at this time.
Nearly all of Latin America is longing for stability and prosperity, and as a New Federal Europe comes together and prospers in close association with a charismatic miracle working Pontiff; Latin Americans will begin to look to their European and Roman Catholic roots.
There is little doubt that many Latin American nations will abandon the United States and its dollar, and will ally themselves with the now rising New Federal Europe.
Watch this fascinating situation closely.