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Fight over ex-president marks Mexico’s oil debate

August 17, 2013 • Business


A mural of Mexico’s former President Lazaro Cardenas covers a wall as part of political propaganda from the PRD party in Mexico City, Friday, Aug. 16, 2013. Cardenas’ oil expropriation was the single most popular decision by a Mexican president in the 20th century, and the nationalization remains immensely popular. Cuauhtemoc Cardenas, Lazaro’s son and the founder of the main leftist party, PRD, said Friday that the government was insulting his father’s memory by using his father’s image in TV ads to promote what he considers to be a plan to re-privatize the state-owned oil company, Pemex. (AP Photo/Eduardo Verdugo)

MEXICO CITY (AP) — The son of Mexico’s most revered modern president, known for nationalizing Mexico’s oil industry, says his dad is rolling in his grave.

In fact, both sides in the heated debate over proposals to open Mexico’s oil industry to private companies are using the image of former president Lazaro Cardenas, roughly Mexico’s equivalent of Franklin D. Roosevelt.

Current President Enrique Pena Nieto has launched a blitz of TV ads that prominently feature photos of Cardenas, Login to read more

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