CARACAS, Venezuela - Humbled by his first electoral defeat ever, President Hugo Chavez said Monday he may have been too ambitious in asking voters to let him stand indefinitely for re-election and endorse a huge leap to a socialist state.Chavez won't immediately move Venezuela into the Cuban mold.
"I understand and accept that the proposal I made was quite profound and intense," he said after voters narrowly rejected the sweeping constitutional reforms by 51 percent to 49 percent.
(AP, via Yahoo!News)
But don't be too sure he's done grasping for dictatorial power.
Early Monday, Baduel reminded fellow Venezuelans that Chavez still wields special decree powers thanks to a pliant National Assembly packed with his supporters.
"These results can't be recognized as a victory," Baduel told reporters,
Baduel, who as defense minister helped Chavez turn back the 2002 putsch, said Venezuela can only be properly united by convening a popularly elected assembly to rewrite its constitution.
Where's that feature story on Chavez and Venezuela we've been waiting for from Sean Penn?
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