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CharlieBaloney
Joined: 17 Nov 2007 Posts: 52 Location: Ciudad de Mexico
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Posted: Sun Oct 19, 2008 6:34 pm Post subject: Privatizing Pemex |
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Hi!
I read this article (http://machetera.wordpress.com/2008/04/03/the-new-theft-of-mexican-oil-by-adolfo-gilly/) on recent efforts to bankrupt Pemex so as to increase the demand for private investment. The upshot seems to be an effort to take a public resource to further enrich the already rich and powerful.
Not content to sit back and spend my weekends just preparing classes and going to movies, watching TV, etc., can anyone suggest a way I might devote some of my free time to getting more information and supporting the commonweal here in Mexico City?
Charlie |
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cscx
Joined: 21 Sep 2006 Posts: 41
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thelmadatter
Joined: 31 Mar 2003 Posts: 1212 Location: in el Distrito Federal x fin!
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Posted: Tue Oct 21, 2008 6:54 pm Post subject: pemex |
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Mexico doesnt need help ruining PEMEX.. its doing a damn fine job on its own. And with in a decade, they will be no more oil, either because it is no longer there, or more likely, since they never reinvested into infrastructure like they should have, cant get to the deeper reserves.
That is why Calderon is proposing reforms to PEMEX. As it is now, when pumps in the main field they draw from off Veracuz stop producing, the show's over.
Who says the poor benefit from the current arrangement. PEMEX hands over 90% of its revenues to the government, and we know how the government works for the poor The other 10% is squandered
The benefit now is that the Mexican people are screwed by the own instead of by foreigners.. which is what most people prefer if that is the only two choices....
Im not looking forward to when the oil money dries up here. |
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J Sevigny
Joined: 26 Feb 2006 Posts: 161
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Posted: Fri Oct 24, 2008 3:25 pm Post subject: |
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You may want to consider that as a foreigner -- if indeed you are a foreigner -- you're barred from political activity in Mexico.
PEMEX is, has always been, and always will be screwed up. Whether what's called for is a major overhaul or privatization is beyond my area of expertise (verbs and stuff). |
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thelmadatter
Joined: 31 Mar 2003 Posts: 1212 Location: in el Distrito Federal x fin!
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Posted: Fri Oct 24, 2008 5:58 pm Post subject: |
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J Sevigny wrote: |
You may want to consider that as a foreigner -- if indeed you are a foreigner -- you're barred from political activity in Mexico. |
Who is engaging in political activity? |
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MO39

Joined: 28 Jan 2004 Posts: 1970 Location: El ombligo de la Rep�blica Mexicana
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Posted: Sat Oct 25, 2008 12:24 am Post subject: |
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thelmadatter wrote: |
J Sevigny wrote: |
You may want to consider that as a foreigner -- if indeed you are a foreigner -- you're barred from political activity in Mexico. |
Who is engaging in political activity? |
I'm guessing that J Sevigny is construing the OP's phrase "supporting the commonweal" to mean political activity. |
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thelmadatter
Joined: 31 Mar 2003 Posts: 1212 Location: in el Distrito Federal x fin!
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Posted: Sat Oct 25, 2008 4:43 pm Post subject: ah... I see |
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ah I see it now. Sometimes we get that warning just for discussing Mexican politics on this forum... I forgot what the OP wrote.
Have to agree then... PEMEX is a Mexican issue. We foreigners can think whatever we want but in the end, we cant and shouldnt meddle. |
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TheLongWayHome

Joined: 07 Jun 2006 Posts: 1016 Location: San Luis Piojosi
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Posted: Sat Oct 25, 2008 5:49 pm Post subject: Re: absurd country |
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thelmadatter wrote: |
Have to agree then... PEMEX is a Mexican issue. We foreigners can think whatever we want but in the end, we cant and shouldnt meddle. |
Yes, us foreigners, most of which are in the 20% minority of the tax-paying population in this country, are definitely not entitled to an opinion. |
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MO39

Joined: 28 Jan 2004 Posts: 1970 Location: El ombligo de la Rep�blica Mexicana
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Posted: Sat Oct 25, 2008 8:41 pm Post subject: Re: absurd country |
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TheLongWayHome wrote: |
thelmadatter wrote: |
Have to agree then... PEMEX is a Mexican issue. We foreigners can think whatever we want but in the end, we cant and shouldnt meddle. |
Yes, us foreigners, most of which are in the 20% minority of the tax-paying population in this country, are definitely not entitled to an opinion. |
TLWH, having an opinion is not the same as "meddling", unless strongly-held positions lead you to political activism, which is a no-no here for non-Mexican citizens. |
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TheLongWayHome

Joined: 07 Jun 2006 Posts: 1016 Location: San Luis Piojosi
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Posted: Sun Oct 26, 2008 1:47 pm Post subject: Re: absurd country |
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MO39 wrote: |
TheLongWayHome wrote: |
thelmadatter wrote: |
Have to agree then... PEMEX is a Mexican issue. We foreigners can think whatever we want but in the end, we cant and shouldnt meddle. |
Yes, us foreigners, most of which are in the 20% minority of the tax-paying population in this country, are definitely not entitled to an opinion. |
TLWH, having an opinion is not the same as "meddling", unless strongly-held positions lead you to political activism, which is a no-no here for non-Mexican citizens. |
True, though I think the line is finer here than in other places. Openly criticizing Mexico is also a no-no. I once got told, 'Mexico es el pais que te da de comer, como lo puedes criticar?' I never would have said that to the swathes of latins living in London that used to tell me how horrible it was while at the same time reaping the benefits of its currency to take home. I'm not saying we should ever actively meddle in Mexico's joke of a political system but tax-paying and voiceless is also absurd. |
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thelmadatter
Joined: 31 Mar 2003 Posts: 1212 Location: in el Distrito Federal x fin!
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Posted: Sun Oct 26, 2008 6:38 pm Post subject: Re: absurd country |
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TheLongWayHome wrote: |
MO39 wrote: |
TheLongWayHome wrote: |
thelmadatter wrote: |
Have to agree then... PEMEX is a Mexican issue. We foreigners can think whatever we want but in the end, we cant and shouldnt meddle. |
Yes, us foreigners, most of which are in the 20% minority of the tax-paying population in this country, are definitely not entitled to an opinion. |
TLWH, having an opinion is not the same as "meddling", unless strongly-held positions lead you to political activism, which is a no-no here for non-Mexican citizens. |
True, though I think the line is finer here than in other places. Openly criticizing Mexico is also a no-no. I once got told, 'Mexico es el pais que te da de comer, como lo puedes criticar?' I never would have said that to the swathes of latins living in London that used to tell me how horrible it was while at the same time reaping the benefits of its currency to take home. I'm not saying we should ever actively meddle in Mexico's joke of a political system but tax-paying and voiceless is also absurd. |
I get your point LWH but remember being told you shouldnt talk bad about Mexico by Mexicans isnt the same as the government jailing you or deporting you. Just remember the people telling you that know youre right and just dont want to admit it. Just human nature.
As for PEMEX, in the end, it probably wont matter what Mexico does at this point. The best Calderon's plan can do is delay the inevitable. Given what has happened to the peso just the past month ... sheesh... it was riding (relatively) high when oil prices were in the stratosphere and 6 weeks later, its in the tank and Im wondering if I can bring my son down here for Xmas (my turn to pay the airfare).
When the oil dries up... its gonna get REALLY ugly here. Just hope I dont regret buying my apt! |
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Gary Denness Guest
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Posted: Mon Oct 27, 2008 2:23 am Post subject: Re: absurd country |
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[quote="thelmadatter"][quote="TheLongWayHome"][quote="MO39"][quote="TheLongWayHome"]
thelmadatter wrote: |
When the oil dries up... its gonna get REALLY ugly here. Just hope I dont regret buying my apt! |
Long term, it's the only worry I have. Oil revenue accounts for what....40% of the govt's income, mas o menos?
When you consider how heavily institutions like the Metro system rely on govt subsidies.... |
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El Gallo

Joined: 05 Feb 2007 Posts: 318
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Posted: Mon Oct 27, 2008 4:53 pm Post subject: |
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I don't know if just posting our foreign opinions here "es un delito grave" but I do know if you're in Chiapas, stay away from any political demonstrations, especially those involving the indigenous. Federal and state agents take photographs at these meetings and there have been cases where foreigners have been immediately arrested and put on the next flight to LA when they have become too involved in political activity here. |
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Prof.Gringo

Joined: 07 Nov 2006 Posts: 2236 Location: Dang Cong San Viet Nam Quang Vinh Muon Nam!
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Posted: Tue Oct 28, 2008 5:56 pm Post subject: Re: absurd country |
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[quote="Gary Denness"][quote="thelmadatter"][quote="TheLongWayHome"][quote="MO39"]
TheLongWayHome wrote: |
thelmadatter wrote: |
When the oil dries up... its gonna get REALLY ugly here. Just hope I dont regret buying my apt! |
Long term, it's the only worry I have. Oil revenue accounts for what....40% of the govt's income, mas o menos?
When you consider how heavily institutions like the Metro system rely on govt subsidies.... |
Just wait another 10 and see if they have fixed PEMEX or the oil has run out and the chickens have come home to roost (the 10-12 million Mexicans in the US) and we'll see how the the then Pres. will handle that crisis... Sounds like a lot of fun  |
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CharlieBaloney
Joined: 17 Nov 2007 Posts: 52 Location: Ciudad de Mexico
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Posted: Tue Oct 28, 2008 10:41 pm Post subject: |
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Thank you for the Bloomberg clip on the issue. Thanks also for the discussion re: Pemex. The issues may be less clear than I originally thought.
Thanks finally for the warning about foreigners engaging in political activity. I have no plans (currently) to join a manifestacion in Chiapas, but I would jump at the chance to join one over the issue of industrialized (read: genetically modified) agriculture. Now I have to think that through some more.
I couldn't attend the march on October 2, in commemoration of the dark days of 1968. If I had, would I have been endangering my FM-3 and legal, if not 'right' at least 'permission,' to stay here?
Charlie |
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