ROmulo Betancourt This is Me

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1. 1. C-Span sucks community > Should the U.S. intervene in Venezuela

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   Published on: 12/18/2004   Last Visited: 7/14/2006

   An aide to President ROmulo Betancourt, he was secretary of the interior in Betancourt's second administration (1959-64). He became secretary of the Democratic Action party in 1967. Elected president in Dec., 1973, he instituted a sweeping economic policy, aimed at the nationalization of the oil and the iron and steel industries and eventual Venezuelan control of other foreign enterprises. His second term in office was marked by two coup attempts in 1992 and his suspension from office in Dec., 1993, following charges of misappropriating government funds.