Looks like Chavez over-reached, and the voters told him "no."
Wonder what Chavez will try next... I seriously doubt that he's done trying to seize lifetime power.
CARACAS, Venezuela - President Hugo Chavez suffered a stinging defeat Monday in a vote on constitutional changes that would have let him run for re-election indefinitely and solidify his bid to transform this major U.S. oil provider into a socialist state.
Voters defeated the sweeping measures by a vote of 51 percent to 49 percent, said Tibisay Lucena, chief of the National Electoral Council, with voter turnout just 56 percent.
She said that with 88 percent of the votes counted, the trend was irreversible.