Venezuela: Chavez has apparent money edge | KWES
Opposition candidate Henrique Capriles typically runs his presidential campaign by jogging through Venezuela’s small towns, reaching out to supporters with both hands and climbing aboard the back of a flatbed truck to speak to hundreds of people. By contrast, President Hugo Chavez brings large sound trucks, a production team and a fleet of buses that carry supporters and government employees to plazas to cheer him on by the thousands. A little more than a month ahead of Venezuela’s Oct. 7 election, Chavez enjoys clear advantages over his challenger in campaign funding and media access. While neither campaign has revealed how much it’s spending, Capriles says he is in a “David vs. Goliath” contest, facing a well-financed incumbent backed by an even richer government. “We’re fighting against two checkbooks. There’s no way to compete economically speaking,” said Rafael Guzman, who is in charge of finances for the opposition coalition. He accused the government of using money from the state oil company, Petroleos de Venezuela SA, and a separate development fund, Fonden, to support Chavez’s campaign and bankroll projects aimed at boosting his support.