I will say this as a libertarian Venezuelan living abroad: Ron Paul is right on how to deal with Chávez. Most of venezuelans living abroad just want to see the marines landing in La Guaira and taking Chávez out, i.e., they want the US to do the job they have refused to do themselves.
What they don't understand is that much fof the anti-americanism that fuels Chávez's support is due to continous US intervention in our business. I mean, just last week Chavez lost a referendum on changing the constitution and one of the first things he said was that this was a Bush victory and many of his followers believe him! With Ron Paul in the White House and a non-interventionist foreign policy the likes of Chávez would be disarmed completely when they try to blame their failures on the US.
And of course, that would greatly help those of us who want to see our countries embrace the ideals of individual freedom, free markets and limited government.