Thursday, November 05, 2009

National Strike in Mexico

Telephone and university workers are going to strike. The Union of Electrical Workers  (SME by its initials in Spanish), was vanished by President Calderón, when he decreed the end of the Central Electrical Company (LFC by its Spanish initials). The strike is scheduled for November 11.

The 2012 coming presidential elections, will test the popularity of Calderón's decision.

I believe his conservative party, PAN, will pay a big price because of this fundamental change of the Mexican economy. Current events in Mexico remind me of the beginning of the USSR collapse in 1989. After the Mexican revolution of 1910, a new socialized economy was created. In 1960 President López Mateos nationalized some electrical companies. Now President Calderón is dismantling that system.

We will know who wins in 2012.

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