CARACAS, Venezuela (AP) Electoral chief says President Hugo Chavez has lost constitutional vote that would have let him run for re-election indefinitely.
http://www.kxmb.com/News/186295.asp
Wow! It’s really true!
Chavez conceded defeat!
“Venezuelans have rejected President Hugo Chavez’s bid to win new powers and run for re-election for decades to come in an unprecedented defeat that could slow his socialist revolution in the OPEC nation.
In a fiercely contested referendum on Sunday, voters said “No” to reforms that would have scrapped term limits on Chavez’s rule, given him control over foreign currency reserves and boosted his powers to expropriate private property.
Chavez conceded defeat shortly after election officials said early on Monday that the “No” camp had about 51 percent of the vote and that the president scored only around 49 percent support.”