
Quico Toro on the Trump administration’s dangerous game of brinksmanship with Venezuela and why a conflict in the Caribbean could be a disaster for everyone involved. Plus: Trump’s newest attempt at a constitutional coup and a discussion of The Oppermanns by Lion Feuchtwanger.
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David Frum
Hello and welcome back to the David Frahm Show. I'm David Frahm, a staff writer at the Atlantic. My guest this week will be Kiko Toro. Kiko was the founder and remains the editor of a website called the Caracas Chronicles, which is the best English language source of information on goings on in Venezuela. And as the United States seems to be moving toward a war in the Caribbean against Venezuela, I thought it was indispensable to talk to Kiko about what is happening. Why is the United States on the verge of war, apparently with with Venezuela apparently about to carry out airstrikes on the South American mainland? How did we get here and what does it mean? Kiko will be the man to enlighten us. My book this week will be a novel written in 1933 by a writer called Leon Fuchbanger and the novel's the Oppermanns, a family saga of a German Jewish family destroyed by the rise of the Nazis. But before I get to these two subjects, let me open with some preliminary thoughts about something quite different, which is the soon to be heard oral argument in the Supreme Court about President Trump's use of tariff powers. Specifically, the Court is going to consider whether Donald Trump has exceeded the authority delegated to him by Congress by the International Emergency Economic Powers act of 1977. As I hope we all know, the Constitution of the United States vests power over tariffs and trade in Congress. But over the years since 1934, Congress has delegated more and more of that power to the President. President Trump has chosen to interpret the International Emergency Economic Powers act, which I'll call ipa, which is what most people do from here on as a delegation of broad authority over tariffs to him. Great. Allow him to create a one man tariff show all of his own for almost anything, for almost any reason. And the Supreme Court is going to hear and decide whether that is valid. The key word in the act is the word emergency. That is, these are powers that the President would not normally have. Normally, the power to create tariffs rests in Congress. You would not normally have these powers, but in an emergency, the President can use them. That's what Congress wrote in 1977 when they passed the law. And the question the Supreme Court will have to evaluate is, is that delegation itself valid? And if it is valid, do we in fact have an emergency? Can the President simply proclaim an emergency for any reason, including having his feelings hurt by an ad he saw in a baseball game that he didn't like, or is there some kind of objective constraint? Now, as we think about what the Court should do, there's a little historical context here that's, that's really necessary to understand, to give you, to guide the court as to what is the right thing. And remember, a conservative court is supposed to look to history. In 1917, when the United States went into the First World War, Congress passed a law called the Trading with the Enemy act that gave the President vast powers over the American economy. And it was meant to last for the duration of the World War I emergency. After the end of the First World War, Congress never repealed the Trading with the Enemy act. And it remained on the books through the Great Depression and through the Second World War. It was under the powers given him by the Trading with the Enemy act that President Roosevelt not only took the United States off the gold standard, that he could have done with his regular powers, but prohibited the private ownership of gold by American citizens. That was, he used the powers under the 1917 Trading with the Enemy Act. And during World War II, those powers were used again. And during the Cold War they were used. And those powers became very, very large during the Cold War period. In the 1970s, after Watergate, Congress decided, you know, it was time to declare the First World War over. And so they passed a series of laws ending the emergency proclaimed in 1917 and creating new and theoretically more limited emergency powers through a series of statutes in the middle 1970s, of which IPA, the International Emergency Economic Powers act, was just one. There were others too, all of them to say, look, we understand that the President needs emergency powers. The powers we granted in 1917 were too big and Anyway, that war is over. So here are new powers, more limited than the 1917 powers that the president should use, subject to more modern ideas of power, including judicial review. So that is what Trump used to try to say. I can do anything. I can impose any tariff for any reason at any time. Anything I say is an emergency, whether it's fentanyl use, whether it's an ad in the World Series. Anything I say is an emergency is an emergency. No one can second guess me. And I can then put any tariffs in the way that I like. Now, what Trump is here creating is a unilateral power to tax, and not just tax, because at the same time, he's claiming unilateral powers to spend. He says he wants to take some of this tariff money and give it to the farmers. That's a spending power. That money could be used for anything. Congress normally decides where money goes, but Trump is saying, I will unilaterally take these taxes I have imposed and, and spend it the way I want. And meanwhile, other spending that Congress voted, like foreign aid, I'm going to refuse to spend it because I have the power to decide what to tax, what to spend, and I have the power, in effect, to veto spending that Congress has passed and that I or my predecessor signed. Unilateral power is to tax, spend, not spend. Oh, and one more thing. I'm claiming unilateral power over the money supply because I am claiming the right to fire any member of the Federal Reserve for any reason, no matter how obviously species. That's. That's another case going to the Supreme Court where Trump fired a governor of the Federal Reserve, alleging all kinds of fraud. Federal Reserve governors are not supposed to be removed, except for very good reason, but basically says, I can remove any Federal Reserve governor I want and appoint anyone I want. And that gives me control over the monetary as well as the fiscal side of the economy. So we're putting together powers that are exactly the powers that were repudiated not only in 1776 by the American Revolution, but no taxation without representation, but in the English Civil war of the 1640s, where the English cut off the head of King Charles I because he claimed the power to tax without vote of Parliament. It cannot be right that the President of the United States has the power to tax without Congress to spend, without Congress to refuse to spend monies that Congress has voted and that his predecessors or he have signed without Congress, and to control the entire monetary system without Congress, even though the Federal Reserve is a creature of Congress. But this is apparently a close call because the Supreme Court is very disposed to large views of presidential power, especially the powers of this President. And they've also given him, of course, if he does abuse any power, this extraordinary new doctrine of criminal impunity. It's hard for me to believe that the Court will validate any of this, but if this does, Americans are going to be left with a really no exit dilemma. The President has made a kind of constitutional coup. He's effectively repealed the most important powers in Article 1, taken away the taxing power, taking away the spending power, taking away the power to refuse to spend money the Congress voted, taking away the power over money which is also given to Congress, and concentrated that power in himself, in his own personal judgment, for any reason, no matter how trivial. That's why this silly episode about the Blue Jays ad post by the province of Ontario is so important. That is so petty and trivial. If that is an emergency, then anything is the emergency. Then the President has these powers at will. We might as well close Congress altogether. Oh, wait, the House of Representatives, as I speak, is closed indefinitely. So maybe that's a taste of thing to come. This is a real constitutional crisis, even though it's being carried out with words and precedents and legal documents. Follow it closely and hope for the best, but be ready for some very dark chapters ahead in American history, American constitutional doctrine and the limitation of the power of the people's representatives in Congress. And now, my dialogue with Kiko Tora. But first, a quick break. Kiko Toro devoted 25 years of his life to the struggle for a democratic future for Venezuela, his native country. In 2002, he founded Caracas Chronicles, the premier English language site for reporting on the Chavez Maduro dictatorships. I got to know Kiko when I visited Venezuela in 2010. He saved me from many misunderstandings and mistakes, although I still managed to make many that he could not prevent. Now a Canadian citizen, he has a day job developing new technologies to fight climate change as Director of Climate Repair at the Anthropocene Institute. He speaks to us today from Tokyo. Good morning. Good afternoon.
Kiko Toro
One of those. Hi.
David Frum
One of those. Okay, so we are recording this dialogue on the evening of November, Sunday, November 2, Washington time. Morning of Monday, November 3, Tokyo time. The United States has amassed in the Caribbean the largest set of naval assets deployed there since the Cuban Missile Crisis. The United States is blowing boats out of the water that the Trump administration says are piloted and crewed by narco traffickers, although there's no evidence for that. And there's at least one accusation by the President of Colombia that one of those boats was innocent was a fisher vote vote and the people aboard were innocent people. And who knows what is true? The Trump administration has offered no evidence, but it's also offered no plans for what it intends to do with this vast fleet. Give us your sense of where we are. We on the verge of war between the United States and Venezuela?
Kiko Toro
It sure seems like it. There hasn't been a buildup like this. And you have to understand being Venezuelan and dealing with the kind of government that we've had, we've had 30 years or 25 years of the government telling us that the Americans are going to attack. There are Americans under the bed, there's going to be. The Marines are going to be coming off the boats anytime now. It's an old sort of Cuban inspired technique to keep people in line. I think people discounted it for a long time because it was clearly propaganda. So there's just this disorienting feeling of wait a minute, this time it's different.
David Frum
Must be very strange for the regime after having used the threat of American military intervention again and again to say, wait a minute, and now it's here maybe. Although it's weird, right, because it's just a fleet, there's no mobilization of troops, there's no speech to the country. So if there is a war, it looks like what Trump has in mind are kind of hitting Venezuela from the air and hoping that the regime collapses or something. Can you make any sense of what they think they're doing?
Kiko Toro
Well, part of it is that it doesn't seem like there's really consensus among the people who are driving Venezuela policy. The Secretary of State, Marco Rubio, is an old time Cuban American, anti communist sort of fighter who has wanted regime change in Caracas and in Havana for a long time. But then he has to get along with people like Richard Grenell, who was a special envoy to Venezuela, who wants to just cut a deal with the Maduro regime and with the principal with Donald Trump, who from what we are able to understand, seems to be actually quite exercised about drugs and wanting to turn this into an anti narcotics operation. So I don't think they really have a consensus internally about what they want. Donald Trump is obviously going to change his mind three times before breakfast. But yeah, I mean, what is most visible about this is that there doesn't seem like there's going to be a land invasion. And so what they seem to be wanting to do is something in some way similar to what Trump tried to do in the first administration in 2019, there was this maximum pressure campaign to really turn the screws on the Venezuelan economy and the oil industry. And the logic seemed to be to make life so intolerable that somebody inside the regime would make a move against Maduro. What happened in 2019 is that instead of making that move against Maduro, conditions became so intolerable that 8 million people left and many of them ended up in the US and now in this very strange twist, are accused of having been sent by Maduro to destabilize the U.S. so there are layers and layers of irony in that. But we do know, and this isn't old canard, but it remains true, as far as I know, is that no regime anywhere has been dislodged purely from the air. Right? So that doesn't seem to work. So the operating assumption here that you can create enough pressure with an air campaign, it just seems flawed.
David Frum
Okay, so let's, let's go now a little slower. So as you say, Trump says eight things. Yesterday Saturday he was talking about declaring war on Nigeria or at least against Nigerian Muslims on behalf of Nigerian Christians. So maybe his, his attraction will be, will be distracted. But let's start with some basic things. To what extent is Venezuela a major source of drugs unbound to the United States?
Kiko Toro
It's not a source of drugs at all because Venezuela has never really grown coca. It's a trafficking route that Colombian cartels and narco guerrilla organizations have used for some time. And it is true that the Venezuelan military elite, this Cartel De los Olis thing is not a lie. That is a real thing. High ranking Venezuelan military officers figured out long ago that they can make a bunch of money by using these routes to get cocaine, mostly on drug boats north. There's no fentanyl coming through Venezuela. There's just no supply chain for that. But yeah, it is a trafficking route. It is not one of the biggest trafficking routes at all. And also drugs, you should understand, is just one of a diversified portfolio of businesses, legal and illegal, that Venezuelan generals in this kleptocratic setup have, have control over. So it's drugs, but it's also oil. But it's also construction and insurance and things like retail and even tourism. The Venezuelan economy and society have become militarized over the last 10, 15 years because Maduro long ago realized that if he needed a Praetorian guard to stay in power and the way to keep the generals on side would be to cut them into like a variety of deals.
David Frum
Tell us about the boats that the Trump administration is blowing up in the Caribbean and the Pacific, do you believe these are in fact drug boats? And if so, who, who owns them, who operates them?
Kiko Toro
They do appear to be drug boats in that nobody fishes with a fast boat as far as we know. And, you know, for a while I was a little suspicious if they were real at all. Like this whole thing looked like it might have been a montage, but. But some debris and some human remains have been washing up in Trinidad, so it does appear to be a real thing. They're operated by gangs that are given protection by the Venezuelan military and pay a cut to the military to traffic drugs north, often through Haiti or other Caribbean islands and sometimes direct to the US So, as so often happens, there is a nub of truth to the allegations. It's not entirely made up, it's just they're being used to justify something.
David Frum
Yeah. Are the boats an important source? Are they the major conduit? I mean, I'm just trying to think of it. You know, these boats don't look that big. How, when you think about how much drug, the mass of drugs that are consumed in the United States, I mean, I guess cocaine's not that bulky, but is this a highway or is this a roadway or is this a byway? How relevant are these boats look?
Kiko Toro
Anything to do with the drugs industry is very tricky to estimate because obviously people who ask too many questions have a way of getting killed. We don't think. I don't understand it to be the major way that drugs go from Venezuela to the U.S. there are also flights, but they're also. Colombian cartels use things like submersibles and semi submersible, these kinds of handmade submarine looking things that are also used. And just the land route up, I mean, the biggest route is really up by land or by water to Mexico and then through Mexican cartels across the land border. That seems larger.
David Frum
Talk about something you touched on lightly but needs to be really emphasized, which is the flow of people from Venezuela to the United States. This has been one of Trump's big issues. We've seen this extraordinary brutalization, things you've never seen before in the United States. Immigration police with their faces masked, no display of names or badges, engaged in extraordinary roughness and even outright violence against immigrants, against permanent residents, sometimes against citizens who get in the way. And you make the point, and this really needs to be stressed, that Trump is here reaping the consequences of his own policy, that there was not always a big migration of Venezuelans to The United States, it's that this is a new thing. And it happened in response to things that the United States did.
Kiko Toro
When I was growing up in Venezuela in the 1980s, we were receiving refugees from dictatorships in Uruguay and in Argentina and in Chile, people would go up to seek refuge. In Venezuela, we had refugees from Franco, Spain, still living in Caracas. Venezuela was a rich country. We had all this oil. So we were absorbing refugees and migrants. And they're really. Until the last 10 years, you couldn't find an arepa in Washington. I found an AREPA truck in Tokyo the other day. Now there are Venezuelans absolutely everywhere because, well, we should be very clear when it comes to destroying Venezuela's prosperity. But nobody can top Hugo Chavez and Nicolas Maduro, who really destroyed the economy through expropriations, taking over farms that were just left to rot, crazy mismanagement and horrible economic policy and hyperinflation. Anything you can talk of, you can think of. They did it and they did it wrong. But the Venezuelan oil industry and the Venezuelan economy went bankrupt gradually. What's the old saying? You go bankrupt first gradually, then suddenly. They've been going bankrupt gradually for a long, long time. Until 2019, when Donald Trump in his first administration decided that he was going to get rid of Nicolas Maduro. And the way that he was going to do that would be to destroy the Venezuelan economy, or what was left of it. The economy had been in very bad shape, but the scale of collapse in 2019 and 2019 and 2020 was unlike anything we'd seen before. We're talking 20 and 30% GDP contractions per year. This is not something you ever see outside of war usually, and nobody seems to have forecast, I certainly missed it, that this would induce people to leave, often on foot. People should understand that many of the Venezuelan migrants that turned up on the southern border in the. In the last few years, where people fresh off of a 3,000 mile trek from Venezuela past things like the Darien Gap in Panama, which is a swamp that is so wild, there aren't even roads in it. There you got jaguars and snakes and gangs. And this is one of the most dangerous places in the world. People cross that on foot with their children on their back, because there was no way to stay alive in Venezuela. So one thing that I think is particularly galling to Venezuelans now is seeing the Trump administration attacking and maligning people who ended up there through his policies and calling them. I mean, obviously there will be a portion of criminals in that very large migration. We're Talking about a quarter of the population, but mostly this is a cream of Venezuela's younger generation that had to leave. We're talking, talking anybody who was a little bit high agency, anybody who's young or willing to work really hard to send money back home to keep older relatives or young children alive back home. Those are the people who left, and those are the people who are now delivering Uber Eats meals everywhere around the world, from Cleveland to Santiago de Chile.
David Frum
All around, if there are airstrikes, what would that look like? What would that do you hit? What are the targets? How would Columbia and how would Venezuelans react to North Americans? There's a lot of resentment of the regime, obviously. On the other hand, no one likes being hit from the air.
Kiko Toro
It's the most unpredictable thing. There are some people who are convinced that what's coming is going to be strikes into airstrips and cocaine labs in the jungle near the Colombian border, far from population centers. If, if, if they're really trying to go after the drugs operation, that's what they would do. On the other hand, it's very easy to repair sort of a landing strip somewhere, but who knows? The Miami Herald was reporting that they're planning to attack mostly military and naval installations, which I think many Venezuelans who. I mean, we should underscore that Venezuelans hate the Maluda regime by large numbers. Right. It's destroyed everyone's lives. So I suspect some Venezuelans wouldn't mind that that much. Certainly the Venezuelan opposition, now largely in exile, has been encouraging the military regime to do something like that. But. But the question is not what happens the day or the two days after airstrikes began. The question is, what happens a week, two weeks, three weeks down the line? Does this keep going? At what point do you. Does Donald Trump just lose focus and get interested in the next shiny object? One scenario that I play with and that keeps me up at night is that the logic of this seems to be to push somebody inside the armed forces in Venezuela to say, no, we're not going to sit here dodging Tomahawk missiles. We're going to move against Maduro.
David Frum
That does seem to be what they want. They want a coup.
Kiko Toro
Yeah, that seems to be. Well, it's the only sort of logical end game here. And we've heard things about the CIA conducting mean. It's very strange to announce a CIA covert operation, but that's just the way they roll. So it's likely that the American intelligence assets are trying to reach out to people inside the military who might be Having second thoughts. But we also know that for more than 10 years now, Nicolas Maduro has made it a bit of a specialty to find people whose loyalty can't quite be relied on and, yeah, shove them off into these ghastly regime prisons and torture centers. So, so one scenario that keeps you up at night is that the bombing begins, some kind of insurrection starts to be worked out, the maud of regime picks up on who is plotting against it and then the bombing stops before that's had a chance to, to play itself out. I mean, we could just be easing the path for Milludo to purge the next set of unreliable elements inside the armed forces.
David Frum
Does Maduro regime have any capability to or interest in retaliating against the United States because they use terrorist tactics? Presumably some of the people who those 8 million people migrated here have some kind of loyalties back home and might be activated in some way. Is that a reasonable thing or does that seem too fancy a speculation?
Kiko Toro
I know people take the possibility very seriously, particularly because back during the Chavez years there was this move by the regime to buy thousands, I think over 5,000 of these shoulder mounted anti aircraft missiles which have been sloshing around Venezuela for a long time. You can very easily imagine one of those being snuck under a few bags of cocaine on one of these boats that have been going north. I mean, who is to say that those aren't in the U.S. now, that would be extremely risky for the Meludo regime. I don't think it's a strategically logical thing for them to do and they illogical as this regime is. One thing that they don't make mistakes about is on how to stay in power. This is the one thing that they know how to do and that they're serious about and good at. So I do think it's fanciful. I wouldn't entirely rule it out as a possibility. This might be something that Melanov would consider as a very last resort.
David Frum
What would happen in Venezuela if this whole thing just sort of deflated? Because one of the things that happens a lot with Trump is there's a lot of huffing, a lot of puffing, they move a lot of boats around and then he gets bored, he gets distracted, or there's a factional fight. As you say, there are people in this administration who want to do business with the regime. There's nothing that Trump likes more than a corrupt dictator. And Venezuela's got like one of the world heavyweight champion corrupt dictators. So it's kind of weird that this one isn't his friend when so many of the others are his friends, if it just deflates and Trump says, okay, I scared them, and I've got some. Would there be a feeling of relief in Venezuela, or are people sort of hoping for some kind of liberation, however expensive it is?
Kiko Toro
It's a really hard question. I think that should be really our base scenario. That is what I think is most likely to happen, because the risks involved in a military strike are so high. I don't.
David Frum
They just. They just. They just are hoping to scare people. I mean, Trump is sort of a. A bully who. That. But who then frightens himself.
Kiko Toro
Right? Right. It might be that the point is simply that the buildup itself. Is this meant to set off some kind of insurrection in Venezuela? And if that doesn't happen, maybe they'll just go on to. To the next thing. I mean, the. I suppose the sailors on the USS Gerald Ford will be annoyed to have been brought from the Mediterranean, but that. That could certainly happen. But I think that the more interesting possibility here is that what they're looking for is regime change, but not necessarily a regime change towards a democracy, but more a regime change towards an extractive military dictatorship that wraps itself up in the Stars and Stripes. I think they would like that. It's too difficult for Maluto himself, being a Cuban asset and having spent his entire career attacking the United States, to make that pivot. I don't think Marco Rubio and other players in the Trump administration would accept that. But you can just about imagine a future where some lieutenant colonel comes up the ranks, deposes Maduro, says we are pro American now, and start to loot the country in cahoots with the kleptocrats of the north.
David Frum
Well, there's one other scenario, and this is not a Venezuela specific one. One of the things that's been very different about Trump, too, has been Trump is creating these military crises or seeming military crises in order to justify actions at home. I mean, I don't know that he's convinced anybody, but the idea is the reason we have mass troops in our streets bundling people off without show ID with brutal tactics is Trump says, we've got a crisis at home. There are these deployments of troops to try to get us used to the idea of a militarization of policing in American cities. There's the blowing up of boats with no form of process of any kind, no form of law, no authorization by Congress. This whole deployment in the Mediterranean, in the Caribbean, rather, is happening without show of Congress. There have been two large Deployments in the Caribbean, I guess, in the past 40 years. One is the Grenada invasion of 1983, when the Reagan administration toppled a dictator who's building a big airstrip to receive Cuban and Russian planes on Grenada. The. The Reagan administration went to the trouble of getting a resolution from their neighbors. They sent 1900Americans to the island and 300 Jamaican and Barbadian troops as well. Not because the Jamaicans and Barbadians were needed for the extra firepower, but to show, look, this is a collective action. In 1990 or 91, there was an invasion of Panama to depose the dictator Noriega. There was a court order from an American court saying he had been indicted for various drug smuggling offenses. And the Bush administration says this is not just the President acting on his own whim. He was executing a valid court order. And there's more going on in both cases, obviously, but there is some form of justification to both the United States population and to the world. And that seems entirely absent this time. And maybe that's also the point is to say that the President is acknowledging no limits at all on his ability to use force outside the borders of the United States or inside the borders of the United States.
Kiko Toro
What can I say? The scary part about that, and I think that's strange as a Venezuelan watching the United States act like this, is that it's so reminiscent to the kind of tactics that Chavez and Meluro used to consolidate power themselves back in the day. Right? So you find an unwritten rule and you break it, and you break it just to show that you can break it and to destroy the President and to demonstrate your, your power and your ability to just not, not care to your opponents. And it's an intimidation tactic. We should remember that Nicolas Maduro stayed in power in 2024 after he lost an election by a more than 2 to 1 margin by simply announcing that he had won on the basis of nothing. You know, never publishing district by district or, or voting center by voting center tallies, as had been done in every election in Venezuela since the 1950s. Now why do you do that? To convince people that you actually won? No, of course not. Everybody knows that he, he didn't win. To demonstrate your power to behave in thoroughly unreasonable ways. This is how you intimidate people.
David Frum
Let's, let's give Americans a tour of the country that Venezuela was. Because I, I think, you know, Americans, there's an old saying, Americans will do anything for Latin America except, except read about it. So I don't think Americans may have a Good understanding of the long history of political stability that once prevailed in Venezuela and the very high levels of prosperity that were the case through most of the post war period. So talk about, tell us a little bit about Venezuela in the 50s, 60s, 70s and 80s.
Kiko Toro
Well, I want to start further back than that because beginning in 1925, from 1925 to 1975, Venezuela had the fastest rising standard of living of any country in the world. It went from being this malarial, very poor, almost entirely illiterate country to being a place where Spanish people and Italian people in the post war period wanted to emigrate to. We got rid of our last dictatorship. Well, except for the present crop in 1958, just a few months before the Cuban Revolution came to power. Actually they're pretty much contemporaneous. The Cuban Revolution and Venezuelan democratization. And for 40 years, from 1958 to 1998, Venezuela was a multi anti party democracy. Parties alternated peacefully in power. There were, there were actual human rights, there was actual freedom of speech. You could say what you wanted. But at the same time for much of that period there was this process of middle class creation where thanks to universal free education through university level, the children of peasants really and factory workers got university educations and became middle class and joined these stable, broad based center left and center right political parties. Venezuela was a country that successive American administrations pointed to as a demonstration of what was possible if you stepped off of this cold war treadmill of leftist guerrillas and right wing dictatorships that affected most of the region. And as I said before, we were receiving political asylum seekers from all across the region because Venezuela was, was a rich, stable democracy. Growing up, it never once occurred to me that we could end up where we are today. We were supposed to be the leaders, the shining beacon for other countries in Latin America that were democratizing. And indeed we had things like government think tanks that would advise other Latin American governments on how to democratize. Venezuelan diplomats helped negotiate the end of several Central American civil wars in the 1970s and 80s because they were seen as a trusted outside partner that was democratic but not entirely beholden to the United States. So the reversal of fortunes is absolutely massive.
David Frum
What was the crack in the society into which Hugo Chavez was able to insert himself? Where did he come from? How did he, how and why did he succeed?
Kiko Toro
Many books have been written about this and it's a subject of much controversy. But I'll tell you my take, my take is that after the 1973 but oil crisis for you, which is the oil bonanza for us in 1978, you went from this period where oil had been a useful source of foreign exchange, but a stable source of foreign exchange and the kind of predictable free money that you could build prosperity on, to this much more pronounced boom and bust cycle where oil revenues were very high one year, very low the next year. And so that fed through to a Venezuelan economy that went into this very strong boom and bust cycles. We would take on a lot of debt when oil prices were high, and then couldn't pay it when oil prices were low. And so you put this together and it meant that the mechanisms of middle class formation that had been running from the 1920s to the 1970s brought, broke down by the early 1980s and especially the early 1990s. This sense that Venezuelans had had for two generations, that you will live better than your parents, was beginning to break down. And that's when Hugo Chavez came into the scene, guns ablazing, trying to take over the government by force in a bloody coup in 1992, which is how we all first heard about him. China. Chavez capitalized on this frustration not of very poor people, really, but of people who had a foothold in the middle class but were losing that foothold. And those are the people that he initially talked to when you. Actually, there's been some very interesting research my friend Dorothy Cronick at UC Berkeley has done, showing that the initial Chavez coalition was not mostly made up of poor people. It was made up of urban, lower middle class people who were very annoyed that they were not no longer rising the way they had been expected.
David Frum
And so he comes, tries to take power for the first time violently, then competes, and seems to have won the first time freely and fairly.
Kiko Toro
And many, not just the first, the first time he won many elections, actually freely. How fairly is more of a debate. It happened also that soon after he came to power in 1998, by 22,004, 2005, oil prices began to go up again quite fast. And Venezuela is such an oil dependent economy that when you had a lot of oil money sloshing around the country, he could afford a consumption boom. So that the first 10 years of the 21st century were really bonanza years in Venezuela, same as in Russia.
David Frum
And he had the same kind of method as Putin. I remember when I was there in 2008 and 10, when things were still, I mean, the lights were going out, the country was falling, visibly falling apart, but there was still a sort of a sheen of prosperity, there was food everywhere that he had these call in shows where he would, like, give people a mobile home, he would give them a dishwasher. And it came as a gift of the President. It's very Trumpy. It's funny that they dislike each other so much when Trump seems to have learned so much from him. Or maybe they all go to the same thug dictator school.
Kiko Toro
I mean, the techniques are clearly parallel. And that's what's so hard for me to even process, David, because all through that time, I was vaguely embarrassed that Venezuela had become such a throwback. Now this country's decent, actual serious countries don't behave this way anymore. It never for a second occurred to me that Venezuela was going to be a precursor or a forerunner to the kinds of techniques that not just Trump, but Nigel Farage and Marine Le Pen and all these, and Erdogan in Turkey. This populist wave runs on techniques that Chavez was doing already in the 1990s.
David Frum
Chavez was a large character. He played the part of the manly tough guy. He seemed to. I mean, he gave enormously long speeches, but some people seem genuinely to have liked them. His successor, Maduro, just seems like a hack, just like a faceless. How does he hold power without this apparatus of charisma that Chavez was able to mobilize?
Kiko Toro
It's important to remember the circumstances under which Chavez died in March 2013. He'd been diagnosed with cancer a couple of years earlier. He'd been offered high tech care everywhere from Sao Paulo to Lebanon to Spain. He had his choice of the best cancer care in the world, but he chose to go to Cuba. Why? Because he trusted the Cubans and he trusted Fidel Castro more than anyone else. And so for most of the last two years of his life, Chavez, who had forged an extraordinarily close relationship, he described it as a merger of two revolutions. At one point. He at one point said that Cuba and Venezuela were two different governments, but only one revolution. So he trusted the Cubans more than anyone else. And for those last two years of his life, his connection with Venezuela was mediated through Cuban intelligence because he was physically in Havana receiving cancer care for most of that time. And lo and behold, who eventually gets picked as his child chosen successor. The most reliable Cuban agent in all of the Venezuelan elite, Nicolas Maduro. He didn't go to university. He spent two years in Havana at the school of political cadres that the Cubans had been running on the model of the Patrick Lumumba University in Moscow. He joined the Liga Socialista, which was a specifically niche pro Cuban political party in Venezuela when he was a Teenager. So he's been a Cuban asset literally his entire life. And the Cubans are very good at keeping power for a kind of leftist dictatorship in Latin America. They know exactly how to do it. They've exported the techniques that Cuban intelligence has been using for its entire existence to Venezuela. Cuban agents man the top pose in Nicolas Maduro's intelligence shop in inside the presidential palace. So now you sound slightly paranoid when you, when you describe it this way. And it is genuinely very weird because you don't usually hear about a smaller, weaker, poorer country in effect sort of colonizing and parasitizing a larger, richer, more powerful country. But that is what has happened.
David Frum
And give us a sense on the global report repressiveness sweepstakes. How repressive is the Venezuelan regime, both in its Chavez iteration and now in its Maduro? Let's put it bluntly. I mean, how many people are in political prisons, do you think? How many people have been done to death? We see there are 8 million refugees, but that's not entirely the regime's doing or intended doing.
Kiko Toro
What's hard to. The difficult bit about that question is to really convey in a short answer how great gradual the ratcheting has been. Because for a long time between 2000 and 2012, Venezuela was political. Scientists describe it as a hybrid regime. So the same. There were elections, votes were counted openly. Chavez did keep winning those elections. There was freedom of speech at the beginning and then less and less as time went on. The space for, for actual free thought and free expression and political organizing narrowed very gradually over what now 27 years since Chavez was first elected. So I think the true breaking point came in 2017. So Maduro came to power in 2013. So in his fourth year in power, there was a large set of street protests. People maybe remember the images from the news of these university kids and their homemade shields and homemade gas masks. Like juking it out with the security forces were like beating them and tear gassing them and rounding them up and throwing them in jail. That seems to have been the point at which Maduro realized, you know, that the facade of democracy is, is too costly to, to me right now to keep up and we're just going to go full dictatorial. So from 2017, especially after 2019, with maximum pressure and with COVID which was an excellent pretext for further authoritarian crackdowns, it really ended the possibility to write freely in Venezuela at Caracas Chronicles, it became almost impossible to do it. Now there are checkpoints all over Venezuela if you drive from not even just one Venezuelan city to another. But even inside Caracas and the major cities, there are checkpoints where police or military or people in the United States uniforms, so you don't know that who they are. We'll stop you, we'll go through your stuff, we'll go through your cell phone, we'll look through your WhatsApp and your email to, to try to find anything that could be anti regime. And if they find it, we'll trundle you off to jail. So, like, people I talked to in Veso tell me that there's this now ritual that they have to do before they go out anywhere. They have to look through their phone, make sure that there's nothing on that that's going to get them in trouble and delete it if it is there. There are dozens of military political prisoners, a few hundred civilian political prisoners. It's not a huge gulag state, I wouldn't say. But what there is is this understanding, especially since 2019, 2020, that you're not allowed to protest, you're not allowed to speak openly. People, people know this and people behave accordingly. The people who stayed behind knew that this is what they were signing up to. The people who left were people who were unwilling to live in those conditions.
David Frum
All right, so let's recapitulate where as we're coming to the end of our time, this American fleet in the Caribbean Sea threatening Venezuela outcomes. So one is huff puff and Trump gets bored or declares victory and says, I've got something. Is there a possibility of a negotiated settlement between the United States and Maduro? Is that something that Maduro could do?
Kiko Toro
I never say never, but it sure doesn't seem to be in the cards now.
David Frum
Okay, so another option is that they try to foment some kind of coup d', etat either outside the regime from the military or within the regime. Is there any professional military or is the military completely political, entirely political at this point? So. So you'd have to find someone who was a Maduro loyalist who was willing to turn against them. There's, there's not some.
Kiko Toro
But that's not as crazy as it sounds because most vessel has been a kleptocratic military dictatorship for years now. Right. So the people who have reached the top of the military hierarchy are people who are there largely motivated by graft and the possibility to enrich themselves. And the American calculus, Marco Rubio's calculus seems to be these guys are going to want to cut a deal because they didn't get into this to fight the United States militarily they got into this because they wanted fancy cars and, and expensive homes and we can offer.
David Frum
So that's not unfamiliar. We got a few of those. Okay, so, so that's so one. So scenario one is they back down or there's, there's maybe a form of a deal, but probably not. Maybe just a backing down. Scenario two is the United States hopes for a coup by someone who Maduro trusts, who turns on him. Failing all of that, we look like we're in for a barrage of air and naval strikes against targets that don't seem very connected to the way power is held in Venezuela.
Kiko Toro
Well, no, I mean, it is possible that the Americans really decide to attack the military's infrastructure and go after all the bases and the naval bases and blow up the places where these military officers live. So I'm not discounting that at all. That's, that's a very live possibility. And that the point seems to be that the threat of that is meant to induce them to revolt.
David Frum
Yeah, but if they do do that, does that break the. I mean, the guys at the checkpoints, do they stop coming to work or are they still there because. Just because there's been some wreckage of the officers base housing.
Kiko Toro
I mean, we're into the Twilight zone here. There's, there's no good way to answer that question until you see it. Action. What does seem to be true is that a lot of the spoils from this kleptocracy are highly concentrated in the pockets of maybe 30 or 35 generals. So not a lot of it seems to filter down to colonels and captains and those junior officers. And in Latin America, everybody knows in Latin America every successful revolt begins with the frustration of junior officers. Marco Rubio definitely understand, understands this. Right. So there is this sense that it's not an entirely crazy possibility. It's just nothing like this has ever worked on the basis of just an air bombardment.
David Frum
So let me ask you a couple of questions about the domestic US Politics of this. As you see it from all the way off in Tokyo. There was a time when Chavez was kind of a hero to the global left. The kind of people who today, like Hamas and Gaza, used to like Chavez. And once, the kind of demonstrations that you see on behalf of Hamas and Gaza, you might have seen, on behalf, not as big, but you might have seen something. And if not in the United States and certainly in Europe and other places in Latin America, is that over? Is the Chavez romance finished?
Kiko Toro
Oh, man, those guys all whistled away from the crime scene and tried to Scrub it from their CVs, because it's just a straight up embarrassment.
David Frum
Yeah, yeah. A lot of people in England and North America got caught up in that. But you wouldn't see big protests in Mexico City on behalf of Maduro. Oh, no.
Kiko Toro
I mean, Maduro is an attack line. And Venezuela has become an attack line in political ads around Latin America. Don't vote for that guy. He's a Maduro. Don't vote for them. They'll turn us into a Venezuela. You have to remember that it's not just the US where these large number of migrants and Venezuelan migrants, penniless, often in bad health and needing a lot of assistance, ended up. Venezuelan migrant flows destabilize pretty much the entire region. Colombia took 3 million people. Peru, Chile, Argentina, all of Central America, Mexico. Latin Americans are not under any illusion that the Melodo regime is anything other than what it is.
David Frum
You know, as we're having this conversation, realize if we were sitting around in the Trump situation room, who at that table would think in these, what happens next? And Rubio, I think, would is capable of that. Who else?
Kiko Toro
I mean, I don't think they should so much in Latin America. I think the issue is more China, Taiwan, really, in a way, you're asserting spheres of influence view of power globally. And how does Beijing look at. On what basis do you oppose a move on Taiwan after you've done something like this?
David Frum
Well, I think that that does seem to be one of the big themes of this administration, is the idea that the United States is supposed to be something more. They just don't buy it. As far as Trump's concerned, the Chinese basically have the right idea to everything. They have the right idea to how to manage an economy. They have a right idea how to manage foreign relations. They have the right idea about how rich your leader should be. The Russians are even better on how rich your leaders should be. And he likes their taste in interior decoration. So it's just we're making the United States more like the dictatorships around the world. And although the United States has, let's be blunt about this, often practiced in reality, spheres of influence in Latin America Since World War II, since the 1930s, there's always been some project to bring other stakeholders over along other Latin American countries, other partners to use some infrastructure to get permission from domestic people in the United States, to get some kind of structure of international permission. So it's not just gunboat diplomacy, but we're now back to the days of gunboat diplomacy.
Kiko Toro
It looks like if you listen Closely to Lindsay Graham speaking on this in recent days. He's clearly talking about the possibility of a US Military move against Venezuela and Colombia because Trump is now also annoyed at Gustavo Petro, who is a very different kind of leftist leader, properly democratically elected, loopy in his own way, but a necessary ally on any strategy having to do with Venezuela. But if you're also talking about attacking Colombia at the same time, it's very hard to imagine how you get any sort of sympathy from Brazil.
David Frum
And Colombia is a for real democracy and has been 1:1 since, since the 1990s. Alternations in power.
Kiko Toro
And an American ally, right historically tilts.
David Frum
Toward the center right or even the far right sometimes. Currently has a left of center president in his last. Is he, he's in his last year, right?
Kiko Toro
Yes.
David Frum
So he's, and he's probably on his way out and is going to be replaced by a writer center right candidate. Columbia has been a very valuable and brave ally of the United States against narco terrorists. Narco traffickers are not narco terrorists. I'm sorry, the brain rot from the Trump administration. Narco traffickers at tremendous cost of life in Colombia. So we're, we're bombing them? Well, yeah.
Kiko Toro
No, no, no. This is where you really see the total. This is Senator Graham speaking and not necessarily the administration. But the fact that it's conceivable to speak in that way about this issue in Washington now really shows you there. There's no strategic anything here. Because you were taking this seriously, you would understand that the place that has actual human and physical connectivity with the Mezan border with Brazil is a jungle. There's like one road. There are no people. You can't really operate from there. If you were wanting to stage a humanitarian operation or anything at all having to do with Venezuela, you would have to do it through Colombia, through your ally, Colombia. So you are going to need that relationship relationship to be strong. But if you get into a Twitter like argument with, with the Colombian president and start threatening him.
David Frum
Well, yeah, and not that these things matter anymore, but there's also a US Columbia Free Trade Agreement. They're, they're bound in all kinds of regional undertakings with the United States. As you say, it's, it's an ally. And again, that doesn't mean much anymore. But it used to once upon a time. Maybe, maybe someday will again again. All right, well, let us hope it's huffing and puffing and that there's no loss of life and nothing too stupid happens. That's always kind of a wan hope in today's Washington, but nothing too stupid, nothing too brutal. And let's hope that Colombia and Venezuela discover a prosperous future and Venezuela returns to democracy the right way, by the actions of its own people, asserting their own strength and their own ideals on their own initiative. It's such a pleasure always to talk to you. I learned so much from you every time we speak. Thank you for making time.
Kiko Toro
Thank you, David.
David Frum
Thanks so much to Kiko Toro for joining me today on the David Frum Show. As mentioned at the top, my book this week is a novel, the Oppermans by Leon Fuchbanger. Leon Footfonger was a German writer of the 20th century. At the end of his life, he made the choice for East Germany over West Germany. And that bad political judgment has a negative effect on a lot of his art, which often shows the impress of a dogmatic communist ideology. But the Oppermanns, at least until we get to the very end where the ideology shows up, is an extraordinarily perceptive novel of the early days of the Nazi regime in Germany. The astonishing thing about the Oppermanns is that it was written and published in the year 1933, at the very beginning of the Nazi era. It is written before the Night of the Long Knives, before the Nuremberg Laws, before Kristallnacht, before the Second World War, before industrial mass murder. It's a story of a German Jewish family, an affluent German Jewish family who are reduced to poverty and in some cases, suicide and exile by the oppression of the regime that had only just begun and whose unfolding Footbanger very prophetically and presciently foresaw. I'm choosing this book this week because we are all seeing the rise around us of a kind of conspiratorial anti Semitism on both the left and on the right, on one side of the Atlantic and on the other. And we're seeing campaigns of harassment and isolation and economic boycott against Jews and Israelis all over the world. It is not anything like the Third Reich, of course, but the mentalities examined by Fochvanger I think are helpful to understand the moment that we are living in right now. We are seeing this great debate over anti Semitism in American politics with the Wall Street Journal and other important conservative voices denouncing some of the extremes on the right, not so much of a reaction yet on the left against some of the things we see from the progressive side. Let's hope that that is coming. But this moment of defamation is one that is experienced not only by Jews, but by people who understand, who care about Jews in their lives, care about Jews as a matter of principle. And also understand that in some complicated way that it's difficult even to untangle, that the fate of democratic institutions, the fate of liberal institutions is bound up with the fate of the Jews in democratic and liberal societies. In the Oppermans, the characters see, one by one, the transformation of former friends, former teachers, former lovers, former business partners, into people who look at them as enemies of society, enemies of the state, enemies of the people. And as they try to make sense of this, they are confronted by something that I think is often true of anti Semitism, which is that there's a kind of mockery about it. It is not just a serious. It is not just a grim thing. It brings real. There's an intellectual sadism that underlies it, a kind of pleasure in isolating people. And one of the ways that the sadism expresses itself. And this is, I think, the theme I want to take from this remarkable novel, this prophetic novel, is the delight in turning against the victim, the accusation of the very thing that the perpetrator is doing to the victim. So in the Oppermanns, they are again and again being accused of being isolated enemies of society by a regime that is going to reduce all of Germany to ruin. If the Oppermanns had been left alone, if Germany had continued, there would have been a prosperous future for everybody. The Oppermans are accused of being the enemy of everybody. And as the society expels them, it destroys itself. And all of this is. There's this ironic distance where we, the reader, 90 years after the book is written, know how the story will come out. Better not only than the characters, but better than the author himself. In our time, the way that this kind of mockery, this intellectual sadism plays out by. By accusations of Jews as committers of genocide. There's an old joke that the world will never forgive the Jews for Auschwitz. And unfortunately, that joke has sort of come true that the. The idea is to take the people who are the. The victims of something and make them the perpetrators of it. As I say, as a kind of. Because it's to the people who make this. There's something funny about it. This is not a new thing, of course, that the comparisons of Israel and the Jews to the Nazis go back to the very beginning of the state of Israel and even before. Distinguished writers like the famous historian Arnold Toynbee accused the Jews of being. Being Nazis. In the 1950s, in his. The fourth volume of his Famous kind of cranky and crackpot history, but it's a famous book. In his day. He wrote, Toynbee wrote on the Day of Judgment. The gravest crime standing against the German National Socialist account might be not that they exterminated a majority of the Western Jews, but that they had caused the surviving remnant of Judaism, the surviving remnant of Jewry, to stumble. That is, it wasn't murdering the Jews. It was this failure to correct the Jews. The Jews are somehow defective. The Holocaust was sent to make the Jews better people. Alas, once again, the Jews did not learn their lesson as they've been failing to learn it over the hundreds of years, to the disappointment of their Christian and Muslim and then Marxist neighbors. Something was wrong with the Jews. The Holocaust should have made them better. But alas, it failed. And that failure to make the Jews better is worse crime than actually murdering the Jews. I think as I listen to a lot of the dialogue today about Israel and Jews, I'm struck that for the anti Semite, the Nazi Holocaust is not interesting as a crime. It's not interesting even as an historical event to be studied on its own terms. It's interesting to them because it is an enviable source of Jewish power. And what they want to do with this crime, with this event, is to redistribute what they see as power from the hated Jews to other claimants of that power. And so the Jew must be misrepresented not as the target of genocide, as happened in the 1940s, as happened again on October 7th of 2023, but as the perpetrator, an inversion of reality intended not only as an instrument of power, but as an act of deliberate, intended and delighted in humiliation. Thanks so much for listening to the David Frum show this week. I hope you will rejoin next week to view or listen on whatever platform you use. Remember, as always, the best way to support the work of this program, if you enjoy it, is to subscribe to the Atlantic, where you support my work and that of all of my Atlantic colleagues. You can sign up if you wish, for an Atlantic Alert. That will let you know when I post new articles to the Atlantic. Thank you for listening. Thank you for watching. See you next week here on the David Frump Show. This episode of the David Frum show was produced by Nathaniel from and edited by Andrea Valdes. It was engineered by Dave Grine. Our theme is by Andrew M. Edwards. Claudine Abayad is the executive producer of Atlantic Audio and Andrea Valdez is our Managing editor. I'm David Frum. Thank you for listening.
The David Frum Show – “America on the Brink of War With Venezuela”
Host: David Frum
Guest: Kiko Toro (Founder & Editor, Caracas Chronicles)
Date: November 5, 2025
This episode of The David Frum Show explores the unprecedented military tension between the United States and Venezuela, the murky motivations behind U.S. actions, and the broader consequences for democracy, migration, and regional stability. Frum is joined by Kiko Toro, an expert on Venezuelan politics, to unpack the roots of the crisis, the internal dynamics of both governments, and the sobering historical context. Together, they illuminate the tangled web of propaganda, failed policies, kleptocracy, and the real human costs at stake.
David Frum (on Trump’s power):
“The President has made a kind of constitutional coup. He’s effectively repealed the most important powers in Article 1, taken away the taxing power, taking away the spending power... concentrated that power in himself...” (07:54)
Kiko Toro (on U.S. military build-up): “There’s just this disorienting feeling of, ‘wait a minute, this time it’s different.’” (10:28)
Kiko Toro (on migration): “People should understand that many of the Venezuelan migrants that turned up on the southern border… were fresh off of a 3,000 mile trek… through the Darien Gap… one of the most dangerous places in the world.” (18:48)
Toro (on regime survival): “One thing that they don’t make mistakes about is on how to stay in power. This is the one thing that they know how to do and that they’re serious about and good at.” (24:09)
Frum (on U.S. intervention): “We’re now back to the days of gunboat diplomacy.” (49:26)
Toro (on the left abandoning Maduro): “Those guys all whistled away from the crime scene and tried to scrub it from their CVs, because it’s just a straight up embarrassment.” (46:58)
Frum is characteristically incisive, concerned, and deeply historical in his frame, while Toro offers both personal anecdotes and sharp, sometimes wry, insights from an exile’s perspective. The conversation blends urgency and world-weariness, with recurring reminders of both the tragedies and ironies in Venezuela’s descent into dictatorship—and the dangerous, unmoored state of U.S. foreign policy.
Summary prepared for listeners seeking insight into U.S.–Venezuela crisis and its larger lessons for democracy, international relations, and the defense of basic norms.