A list of pros and cons would easily draw a deep line on anyone’s page whether or not Chavez is more of a benefit or weakness for Venezuela and its neighbours. Recent diplomacy from Brazil had gained the release of captured Colombian government officials and other kidnap victims from the FARC, an action Chavez accomplished as well last year around the same time. The result was positive in both instances and gave Chavez a lot of clout, but support and documents found by Colombian officials during the two month Cold War between the two countries claimed evidence that Chavez was supporting the FARC in its battle against Colombia as well, illustrated for many Colombians by Chavez’s support for the FARC being recognized as a legitimate governing power after the release of some hostages to Venezuela. Eventually the rift was returned to status quo, and the Colombian government gave the FARC a strong coercive response, weakening the organization and pushing for more assertive diplomacy as video of Ingrid Betancourt and the ability of the Colombian Army made international headlines. Support for the FARC, even in Venezuela could not have helped Chavez, nor had nasty words from the respected democrat of Spain the King Juan Carlos towards Chavez in a public conference, helped Chavez be seen as a democratically elected leader in the process. Despite this, Chavez is still strongly supported in Venezuela. In recent regional elections he gained about half of the vote, and in the past referendum and in recent polls, he could win, albeit by a slight majority due to popular support in the country.
Recent changes in the world economy have likely affected Chavez greatly. Some journalists and experts on the region believe this latest referendum is an attempt to gain support before the effects of inflation and the lack of oil revenue hits Venezuela’s poor. Poverty reduction is important for any future leaders of Venezuela, but populism and popular support can be easily lost if the balance of power changes, and funding cannot be provided for political support. With the election of Obama, Chavez has had to appeal in a positive manner towards the US, as did the President of Iran, and try to open dialogue towards the new President as scapegoating Obama would likely hurt Chavez more than help him. With the US regaining some legitimacy post-Bush and Brazil filling in the diplomatic gap with its own non-antagonistic poverty reduction strategies, Chavez might win the referendum, but lost popular support quickly after taking office for a third term beyond his rights in the current Venezuelan Constitution. Moves by Obama might make a world of difference in places like Venezuela and Iran, assertively addressing issues affecting the US, regional peace and minority and opposition rights in Venezuela and similar governments worldwide.