Will Mexico be the next Venezuela?

Jun 19, 2019 Letters

DEAR EDITOR,

Mexico elected Andres Manuel Lopez Obrador on July 1, 2018 and he took office on December 1, 2018. He won by a landslide victory. Additionally, he won majorities in the Senate and Chambers of deputies. He is a socialist and promised to fight corruption, lessen inequality and help the poor.
Under the proposed new law to cut the highest government salaries and raise the lowest ones, no bureaucrat can earn more than the president. And since Mr. Lopez Obrador has set his salary at about $5,350 per month, less than half of his predecessor, Enrique Pena Nieto’s salary, that meant sharp cuts in the wages of more than 30,000 public officials.
The law also slashed the pensions of the last five presidents.
“We can’t have a rich government and poor people,” Mr. Lopez Obrador said. He sold Mexico’ s presidential planes and flies economy class. He plans to nationalise Mexico’s oil. Companies such as BP, Sunuco, Exxon, Chevron and Arco are negatively affected by his nationalistic policies. When the cooperation of Europe and United States lose business (money), US and European governments strike back. Just look at the response to Venezuela’s nationalisation of oil. It cost their cooperation billions of US dollars.
The government of US and Europe responded with economic sanctions. The humanitarian concerns seem to be a cover for their anger over their lost of revenue in Venezuela. Will they do a similar tactic to Mexico? Pay attention to the threat of tariff by the US President on Mexican goods. He is painting a narrative. The Caribbean and Guyana needs to prepare for an assault on Mexico by US and Europe. Will Mexico be the next Venezuela?

Yours truly,
Brian E. Plummer

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