Venezuela's Chavez urges Obama to turn socialist

Caracas (Venezuela), Mar.8 (ANI): President Hugo Chavez of Venezuela has urged US President Barack Obama to turn to socialism because capitalism in America has "failed."

"I recommend to Obama -- they're criticizing him because they say he's moving towards socialism -- come Obama, ally with us on the path to socialism, it's the only road," Fox News quoted him as saying on Venezuelan state television.

"Imagine a socialist revolution in the U.S. Nothing is impossible," a Bloomberg report quoted him as saying further.(ANI)