We have to re-invent socialism. It can't be the kind of socialism that we saw in the Soviet Union, but it will emerge as we develop new systems that are built on cooperation, not competition.

Venezuelan interests are to be defended by Venezuela. The U.S. should defend the interests of the U.S. Where are the U.S. people, where are the intellectuals, who could put limits on their government?

I'm a reading addict. I can't live without it, like someone who is addicted to drugs.

The Devil is right at home. The Devil, the Devil himself, is right in the house. And the Devil came here yesterday. Yesterday the Devil came here. Right here. And it smells of sulphur still today. Yesterday, ladies and gentlemen, from this rostrum, the president of the United States, the gentleman to whom I refer as the Devil, came here, talking as if he owned the world. Truly. As the owner of the world.

Latin Americans have gotten tired of the Washington consensus - a neoliberalism that has aggravated misery and poverty.

I shook Obama's hand and I said, 'I want to be your friend.' My hand is still outstretched. I am not Obama's enemy, but it's difficult not see imperialism in Washington. Those who don't see it don't want to see it, like the ostrich.

Venezuela has the biggest oil reserves in the world. And the biggest gas reserves in this hemisphere, the eighth in the world. Venezuela was a U.S. oil colony. All of our oil was going up to the north, and the gas was being used by the U.S. and not by us. Now we are diversifying. Our oil is helping the poor.