Tuesday, 13 December 2011

Chavez launches cash giveaway for poor Venezuela kids




Chavez launches cash giveaway for poor Venezuela kids
Residents hang around outside their homes with a campaign picture of Venezuelan President Hugo Chavez at '23 de Enero' neighborhood in Caracas

CARACAS (Reuters) - President Hugo Chavez launched on Monday a program to provide $100 a month to poor Venezuelan children in the latest of a plethora of social "missions" that have underpinned his popularity. Chavez, who will seek re-election next year, says such measures show the tangible benefit of socialist rule in the South American OPEC nation. But critics argue it is a pre-vote ploy masking broader economic failure. "Thank God, the Bolivarian Revolution arrived in time and is stopping poverty and misery," Chavez said, announcing the initiative at a meeting with low-income pregnant ...read more..

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