Wednesday, March 10, 2010

Heberto Castillo

"Mexico probably still has plenty of oil, especially beneath the deep waters of the Gulf of Mexico, but Pemex lacks the technology and know-how to get it out. Inviting foreign companies into the country to help is one of the touchiest propositions in Mexican politics."

Taken from the NYT.

Castillo was a Mexican genius. He tried to convince the authorities for years to invest in Mexican talent. He failed. The crooks that took over the Mexican oil wealth were happy signing contracts with American companies that did our work for us. When he realized what Upton Sinclair had said before:"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!", he decided to start a political party, the Mexican Worker's party. That party eventually took Cuahtémoc Cárdenas to the Mexican Presidency in 1988, fifty years after his father, General Lázaro Cárdenas, nationalized the oil Industry.

Unfortunately the results were illegally changed to give the triumph to Carlos Salinas de Gortari.

If the authors of that article: CLIFFORD KRAUSS and ELISABETH MALKIN, want to blame anybody for what they "objectively" report, they should just ask whoever pays their salary for an explanation. They know why Mexico didn't pay any attention to Heberto Castillo.

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