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From Venezuela, A Counterplot*** As Washington prepares a high-stakes military venture in the Persian Gulf, a growing physical threat is being posed by Iraq, Libya and Iran to the soft underbelly of the United States. Hundreds and possibly thousands of agents from rogue Arab nations are working hard to help President Hugo Chavez of Venezuela take control of South America's largest oil industry and create al-Qaeda-friendly terrorist bases just two hours' flying time from Miami.

Arab advisers now are reinforcing a sizable contingent of Cubans in efforts to reorganize Venezuela's security services, assimilate its industries based on totalitarian models and repress a popular opposition movement. "What happens in Venezuela may affect how you fight a war in Iraq," Gen. James Hill of U.S. Southern Command is reported recently to have told his colleague at U.S. Central Command, Gen. Tommy Franks.

"Chavez is planning to coordinate an anti-American strategy with terrorist states," says Venezuela's former ambassador to Libya, Julio Cesar Pineda, who reveals correspondence between the Venezuelan president and Libyan dictator Muammar Qaddafi about the need to "solidify" ties between liberation movements in the Middle East and Latin America and use oil as an economic weapon.

Exhorting his countrymen to return to their "Arab roots," Chavez has paid state visits to Libya, Iraq and Iran and signed a series of mutual-cooperation treaties with the rogue governments whose operatives now are flooding into Venezuela. There they can blend into an ethnic Arab community estimated at half-a-million.***