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THE TALK SHOW AMERICAN: Kennedy Clan Profiting from Hugo Chavez's Oil?

Wednesday, November 23, 2005

Kennedy Clan Profiting from Hugo Chavez's Oil?

A prominent member of the Kennedy family is joining forces with one of President George Bush�s most ardent foes � Venezuelan strongman Hugo Chavez.

A subsidiary of Venezuela�s national oil company will ship 12 million gallons of discounted home-heating oil to Massachusetts in a deal that former U.S. representative Joseph P. Kennedy II helped to arrange.

The $9 million worth of oil will go to 45,000 low-income families and institutions that serve the poor, such as homeless shelters, said officials from Citizens Energy, an organization founded by Kennedy in 1979.

But "some foreign-policy analysts said Chavez helped broker the deal in part as a jab at President Bush,� according to the Globe.

"It is a slap in the face,� to the Bush administration, said Larry Birns, executive director of the Council on Hemispheric Affairs.

"Chavez is involved in petro-diplomacy.�

Citizens Energy Corp. is a nonprofit organization. But the Kennedy family has extensive oil interests, author Peter Schweizer reveals in his best-selling new book "Do As I Say (Not As I Do): Profiles in Liberal Hypocrisy."

According to Schweizer, "oil deposits have generated tens of millions in profits for the Kennedy clan � In total, family revenue from crude oil and natural gas is more than $1 million a year.�

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