Hugo Rafael Chávez Frías (born 28 July 1954) is the current President of Venezuela, having held that position since 1999. He was formerly the leader of the Fifth Republic Movement political party from its foundation in 1997 until 2007, when he became the leader of the United So…t Party of Venezuela (PSUV). Following his own political ideology of Bolivarianism and "So…m for the 21st Century", he has focused on implementing so…t reforms in the country as a part of a social project known as the Bolivarian Revolution, which has seen the implementation of a new constitution, participatory democratic councils, the nationalization of several key industries, increased government funding of health care and education, and significant reductions in poverty, according to government figures.
Before anything else I would like to say good day to all of the Venezuelan people, and this Boliviarian message is directed to the brave soldiers in the Parachutist Regimen of Aragua and the Armed Brigade of Valencia. Friends: For now, lamentably, the objectives we considered were not achieved in the capital. That is to say, we here in Caracas have not managed to take power. You did very well over there, but now is the time to reflect; new situations will come and the country must definitively get on the path to a better destiny. So hear my word; hear Commander Chávez, who sends you this message so that you may please reflect and put down your weapons, because now, really, the objectives that we have brought to the national level are impossible to achieve. Friends: Hear this message of solidarity. I thank you for your loyalty, your valor, your exuberance, and I, before this country and before you all, assume responsibility for this Boliviarian militant movement. Thank you. - HugoChávez to Venezuelan television reporters just before being arrested for his participation in an attempted coup d'état, February 1992.