Venezuela's puppet congress gave Chavez the right to rule by decree for the next 18 months. This will help the Venezuelan Commie nationalize private industry, especially within the energy sector, and allow him to increase political centralization.
Pres. Bush had his chance to cut Chavez's ambition short in 2001 after Chavez's fraudulent retention election, but failed. In the past 5.5 years, the Bush Administration has allowed Chavez to become a cross between Castro and Khomenei -- left-wing anti-American Communist crackpot with oil money. This will be the worst legacy of the Bush years.