I didn't appreciate anymore than anyone else the Venezuelan president insulting ours (and by extension, us) on our own turf.
However, the man said one or two things in his rambling speech that were right, when he mentioned our "so-called democracy," "a democracy of elites."
Nowhere is this more true than in the literary community. The lit-world is becoming a closed shop of aristocrats and their servile flunkies. It's almost completely intolerant of dissent.
After a side detour or two, I intend to return to this theme-- with more documentation.