The US also attempted to prevent the collapse and ruin of Venezuela. It was correct to oppose Hugo Chavez. This is now entirely ignored historical fact. The Chavez system destroyed Venezuela and turned it into a failed state. It's an outcome the US attempted to prevent.

Meanwhile, the US backed Colombia is doing fine, is democratic, has seen considerable improvements in most regards, and has doubled the size of its economy in ~15 years (inflation adjusted). Colombia looks like it has a very bright future.

The US also maintains near-guaranteed border security for Latin American nations. It's why there are no giant wars between Latin American nations, with rampant annexations, et al. They all know the US would intervene and whichever side the US was on, that side would likely win, so nobody wants to risk it. The US has also guaranteed the lack of foreign power conquering via the Monroe Doctrine, for more than a century, which is a rather sensitive concern given the history of Latin America.

The US has been a superpower for ~75 years now and has not attempted to use that extreme power imbalance to annex swaths of Latin America. It easily could do so. What other superpowers throughout history have ever behaved that way?