Tag Archives: Lopez Obrador

Gloomy election outlook for Mexico

Approximately three months remain before Mexicans go to the polls to elect a new president, and we are getting the impression that pundits and regular Josés alike are starting to get used to the idea that Andrés Manuel López Obrador might actually be elected this time.  We ourselves are laboring to come to grips with this potential outcome, in a process not unlike the seven stages of grief, although we’re still mostly stuck at stage four, depression.  We’re still struggling to accept that Donald Trump was elected president of the United States, and now on top of that the prospect of our own populist nationalist zealot taking over…maybe this helps explain why mezcal sales are skyrocketing. Continue reading Gloomy election outlook for Mexico

Peña fiddles merry tune while opposition burns

Pena fiddlesMexican President Enrique Peña Nieto is a busy fella with a lot on his mind.  On one hand he’s struggling to create economic growth domestically with a world economy that just can’t get off the shneid, and on the other, the state of Michoacan has been taken over by gangs of gun-toting farmers.  Not good.  So it’s got to come as a relief to Mr. Peña that he doesn’t have to worry about undermining opposition political parties, because that task has been embraced with zeal by the opposition parties themselves.  It is a moment when they could be rallying the troops to put all their strength into blocking the president’s ambitious reform drive, or at least wringing some concessions out of the ruling PRI.  But instead, they are tearing themselves limb from limb, leaving Peña to ask, à la Ed Koch, “How’m I doin’?” Continue reading Peña fiddles merry tune while opposition burns

Energy reform driving speculation on big growth

Foreign investors
Foreign investors

For the last few months of 2013, observers in Mexico and abroad looked on from the sidelines as local pols here blustered over energy reform in the most grandiose of terms.  Free markets will mark the path to a glittering tomorrow!, supporters whinnied.  Traitors to the fatherland will have us enslaved by rapacious foreign robber barons!!, opponents brayed, expectorating spittle.  But since the historic reform legislation was signed into law on December 20, 2013, of course nothing so exciting as glitter or enslavement has occurred.  This is because no one with any skin in the game is likely to move a muscle before the reform’s secondary legislation is promulgated, as has been widely discussed in the media. Continue reading Energy reform driving speculation on big growth