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While the world's media was looking the other way, a huge sea of red filled the whole of central Caracas last night in the closing rally of the election campaign of Hugo Chávez. 

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The Venezuelan opposition likes to portray its candidate Capriles Radonski as a “centre-left” and even “progressive” contender and a “young politician who has broken with the old guard.” However, his track record, and that of the united opposition coalition (Mesa de Unidad Democrática) which backs him, tell a different story.

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On October 7, Venezuelans will go to the polls to elect the president of the country. Nearly 14 years since Hugo Chavez was first elected in 1998, this is a crucial test for Venezuela’s Bolivarian revolution. In numerous elections and referenda, the overwhelming majority of the Venezuelan people have consistently ratified their support for the wide program of social transformation which has been taking place.

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Mérida, September 28th 2011 (Venezuelanalysis.com) – On Monday Venezuelan President Hugo Chavez announced the expropriation of the company Consolidada de Ferrys (Conferry), following its record of bad service and high prices, and the need for more reliable transportation to Margarita Island.

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By James Petras, Venezuelanalysis.com

Two incumbent presidents are running for re-election in 2012, Hugo Chavez in Venezuela and Barack Obama in the United States.  What makes these two electoral contests significant is that they represent contrasting responses to the global economic crises:

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