One of the free markets' bigger thorns, Hugo Chavez, passed on today. The Venezuelan strongman loved to use the US as a rhetorical piñata for his leftist politics and would play kissy-face with any leader the US didn't like. He was at least a nominal Catholic, so there is some hope for his soul beyond the generic hope for anyone who has passed on.
Conservatives and libertarians shouldn't be too quick to cheer, since there is still a strong left-populist mood in Latin American politics. Chavez's camp seems split between social democrats and socialists, the latter wanting to look after the little guy within the rule of law while the former would look more to Cuba than to Brazil as their model.
If the sucessor to Chavez is less combatively anti-US, this will be a step in the right direction for both countries. Chavez's VP is cut in his cloth, but new elections will need to be held given that Chavez died early in his term, so the opposition will have a chance to see if "Chavismo" ( Chavezism en Español) has longer legs than its founder.