Of course, long ago I have decided that chavismo was a religion. Then I started seeing it as becoming a sect and I think that it is about to become a cult. But I did a mistake in thinking that the the cult leader was Chavez. It might well be Giordani who is the cult leader and Chavez merely a prophet of sorts.
Giordani has been in charge of the Venezuelan economy roughly since the start of Chavez era inventing all sorts of "development plans" that went nowhere fast, but at great cost. He presided over devaluations, recessions, spending fueled consumption posing as economic boom, and now over a deep recession. Under his tenure the Venezuelan currency went from about 500 a dollar to 8,000+ a dollar. Inflation control which was his original battle cry is now among the very highest of the world. He tolerated/sponsored a currency control system who gave rise to the biggest corruption scheme that we ever saw in our history as chavista businessmen opened all sorts of brokerage houses to manipulate the PDVSA dollars that normally should have been spent through the budgetary process. To top it off he criminally neglected public infrastructure leaving us with a wrecked highway system and an electricity crisis that will last at least until 2012.
And now, with all the damning evidence against him, in absolute proof of his incompetence, he wins the internal political battle, gets to close down the stockbrokers he promoted to manage the parallel dollar market which will bear in chavista public opinion the blame that he should receive alone, and gets to be the lone person in Venezuela fixing the currency value against the reality of the markets. In doing so he basically shuts down the economy for the next few weeks, possibly triggering an inflation tidal wave that might wreck the remains of the private sector without doing anything to shore up the public one. History blesses us with few examples of people who having fulfilled the Peter's Principle get to fulfill it again and again.
I was wrong all along, Giordani is the real Guru of chavismo and Chavez merely his gifted disciple. I cannot come up with any other explanation for this divine mystery, which comes complete with sacred texts.