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What the sanctions made clear is that President Obama’s opening to Cuba represented exactly zero change in Washington’s overall strategy toward the region: The intention of expanding commercial and diplomatic relations with Cuba was mainly to pursue a more effective strategy of undermining the Cuban government--and all of the left governments in the region.

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On Monday, the White House took the absurd step of declaring Venezuela an “unusual and extraordinary threat.” Obama is channeling Ronald Reagan, adopting practices similar to those used against the Nicaraguan Sandinista government. But, the world has moved forward, even if Washington has not. Venezuela today has very strong backing from its neighbors against what almost every government in the region sees as an illegal attempt to destabilize the country.

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In an executive order issued by Barack Obama, the White House said the situation in Venezuela posed an “extraordinary threat” to US national security. Maduro, the Venezuelan president, reacted with anger in a televised address on Tuesday night, calling on his country’s Congress to grant him additional decree powers to “fight imperialism”.

The evidence is overwhelming, the rich and powerful of Venezuela have followed a continuous, constantly morphing plan to de-stabilize the country and take over the government by any means necessary and the United States government knows about that plan, supports it and, as much as it can, is assisting in it. Is there a coup planned in Venezuela? All the time. Venezuela has lived under relentless political and physical sabotage as a result of its successes.

Caracas Mayor Antonio Ledezma was arrested February 19th for his role in the failed coup attempt against the elected government of Venezuelan President Nicolas Maduro. Ledezma, who has a long history of right-wing extremist activity in Venezuela, was one of three opposition leaders to have signed a "National Transition Agreement," calling for, among other things, the removal of President Maduro a day before the coup was to have taken place.

Allowing legislators stuck in a Cold War mentality to steer U.S. Venezuela policy is dangerous and risks wrecking the good will that the administration's Cuba detente is generating throughout the region. In the words of President Obama, it's time to fully "cut loose the [policy] shackles of the past." Not just with regard to Cuba, but on policy toward Venezuela and other left-leaning Latin American governments as well.

Rightwing parties in Latin America give themselves populist names, keep the manifesto rhetoric modest and talk of appealing to the street. But they aren’t winning many votes. Meanwhile business is learning to work with governments of the left.