Pres. Correa of Ecuador is not renewing the lease which expires in 2009 on the base that the US Navy uses at Manta, Ecuador. So, I would imagine that the brass hats at the Pantagon realize they need a new base in SA, since that was the only one they had. Who is going to give the US war machine a base in SA? One guess.....?
Look what you have to look forward too in Valpo/Vina - lots more student protests - with a US angle involved will get ratcheted up a couple notches on the violence and rhetoric.
As far as Chavez is concerned I think he isnt afraid of BushCo. He knows it would be a PR as well as a possible military disaster for Bush, (not that that would stop Bush) Hugo is more worried about his own people in the military and government taking him out.
There are two kinds of people in the world, those who understand free markets and those who don't.