I wouldn't say he's powerless. In May, 2007, Chavez took control of oil projects part-owned by foreign private companies. That same month and year he went aftere Radio Caracas Television, the country's oldest private network and its most watched, and forced it off the air after refusing them to renew its broadcasting license. He accused the channel of causing "moral damage" and backing the coup against him in 2002. Then in July 31, 2008 he nationalized Banco Santander, a subsidiary of Banco de Venezuela. A few months later in November, Chavez's government took over four private banks as well. And in 2009 he made threats, doled out fines and used intimidation tactics against the only remaining opposition TV station, Globovisión. And then soon after he decided to send in the police and raid the home of Globovisión's president. He ordered a $2.3 million against Globovision for giving free airtime to anti-government groups during a 2002 oil strike. And later that year in 2009 Chavez begins the shutdown of 34 radio stations who were against him in some form or fashion. And then in December 2009 he gave an ultimatum to automakers to share tech or get out of Venezuela but that doesn't mean he won't try and nationalize them seeing his past history of nationalizing banks, oil companies and his attempt on controlling the automakers. Sounds quite familiar here in the U.S., ironically so.