First 100 Days

Updated March 07, 2009

Chavez Urges Obama to Turn to Socialism

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FOXNews.com

Venezuelan President Hugo Chavez gleefully declared Friday that President Obama may have no choice but to turn to socialism because capitalism in America has "failed."

In a plea evoking Darth Vader's attempt to turn Luke Skywalker to the dark side, Venezuelan President Hugo Chavez on Friday urged President Obama to join the socialist movement.

"I recommend to Obama -- they're criticizing him because they say he's moving towards socialism -- come Obama, ally with us on the path to socialism, it's the only road," he said on Venezuelan state television, according to a Bloomberg report.

"Imagine a socialist revolution in the U.S. Nothing is impossible," he added.

Obama's $787 billion stimulus package and his talk of addressing income inequalities through government policies have drawn accusations that he favors a wealth redistribution plan that would replace the free markets with socialism.

But Obama has said he has no intention of eliminating capitalism; he is simply trying to fix the economic crisis with a long-term view by reforming education, energy and health care.

As for Chavez, he gleefully declared in his speech Friday that capitalism in America has failed.

Click here to read the Bloomberg report.

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