Richard Werner

So, you know, that shows how these things work.

So that's the background.

But now Venezuela... What was that?

What was the point of that?

Well, there's several points, but in terms of the method, the big difference was...

There's no plausible deniability.

No, actually, it's official.

We're going to officially move in there and arrange regime change in a sovereign country.

So in other words, America is now at the stage where there's no longer felt to be a need to deny that America is doing these things and has been doing these things.

We don't need a color revolution, pretend it was a popular uprising.

We want this guy to be in power or we don't want this guy to be in power.

We're going to intervene and do it.

So no more reference to the niceties of international law and ethical behavior, not necessary.

So that's an important turning point.

But of course the other implications are, and then that's where we move on to Iran and beyond.

Why Venezuela?

Well, it's the biggest, well, it has the biggest oil resources.

Of course, there's a more detailed story.

I mean, it's a particular type of crude oil, a very heavy one.

You need particularly refineries to do that.