THE debt crisis has begun hit financial headlines again with the slowdown in the U'S economy and the call of Fidel Castro for the Latin American states to repudiate their foreign debts.
Mexico which held elections July, has been right at the centre of the international debt crisis.
Most press headlines in Britain on the Mexican elections were occupied with the massive voting ruling Institutional Revolutionary (PRI) and the high level oi support in the north of the country for the openly right wing National HISTORICALLY, Yankee imperialism has plundered our country. Since the 19th century, it has stolen more than half of Mexico's territory, and it has invaded our territory several times. It has taken advantage of the existence of a market to super-exploit Mexican workers. It has used our agricultural production and the best of our livestock. It has made incredible profits from small investments of capital. It has dollarised economy. It has carried out offensives to change our national identity.
For its part, not only been of Dul il las Decl imperialism's main ally.
DUL in the past three vears this has reached truly alarming proportions. The Mexican government has morigaged national sovereignty 311 -perialism. And today there is no possibility, within the framework of the present relationship and the pre sent system, to turn back Action Party (PAN).
But the Mexican elections also saw a sionincant development among Mexico's hitherto weak class parties. The MexCommunist (PSUM) the MexRevolutionary Workers (PRT)
hetween them gained 5.1 per cent of the vote. The workers partes had only been allowed legality in the last few years.
Within the Mexican left the PRT gained sup port and the PSUM lost ne rai sale galline members of parliaürst lime and the PSUM declining from 17 to 12 members of parliament. The PRI gained 300,000 votes (1.7 per cent) and the PSUM 600,000 (3.4 Despite its oil, Mexico has been hit by the crisis and choose another road.
The exploited and oppressed cannot have conTigenee 1r anytning but their own forces to defeat this policy of surrender to imperialism. It is necessary to create an alternative for Me Nex 2on as a oppressed by Bul alter native cannot be built by searching for 'progressive' sectors of the government 'progressive' SELLUID among the small Both these figures are reduced by the rampant electoral fraud we are orinting nere an article produced for PRT which deals PRT's newspaper put it - *the struggle and the defence of the The article clearly the PRT's call for the repudiation of Mexico's foreign debt the perspective that Mexico will only be freed when *the proletariat, acting a. leader of the oppressed acts socially places itselt at the head of all the exploited and oppressed sectors.
Translation is from the Spanish. medium-sized industrialists.
This alternative will be built only when the proletariat, acting as leader of the oppressed nation, acts socially places itself at the head of all the exploited and oppressed DECLUS. . But inis does not mean returning to the old, shopworn nationalist speeches, which aiways put off the struggle against the government Some undetermined point in the tuture.
Today anti-imperialism means at one and the same time struggling against the presence of the Yankees in our affairs and in those of other peoples.
struggling against Le cour coun' try, meaning the InstituRevolutionary ParLula the Re) over mational National Action Party (PAN)
The government of Madrid has presented the rresident ivnguel current renegotiation of a cised that right. • For further details contact P.O. Box 273, Forest Gate, London E7.
Forest Gate police sta tion. The others were on 11 May, and took place in and around Plashett Park.
Many of the cases come up in court in the near future, and it is important to build up case the defence. Please phone 01-555-8151. substantial portion of this foreign debt as a great victory. Through this act, the PRI government has morigaged Mexico for the next in the end almost the same amount of monev has be paid out less at the beginning, but more at the end but also because now, stressed in the agreement that was signed, the imperialist banks as well as the IMF have the right to 'monitor the economic plans' of our This raises three problems:
1. How is the total debt interest to b paid? The PRI government gives a clear alistel All the money that will not be invested in schools, health care, transportation, jobs, food, and general services will instead be channelled into payments to perialism.
This means that it is not some abstract 'MexFico' that will pay the foreign debt. Rather the workers, the peasants, the • Warc calleis. the Photo: housewives are going ' pay it.
2. Who was consulted about signing this Madrid? Miguende le • rinance Minister Jesús Silva HerLUE were the ones wnc were going to pay, it would be well and good that they made the decisions.
But if rested opoited oppressed country are the ones who will have to pay it, why do Especially know that the PRI party faithful were the main ones sending dollars out of the country.
Not even the Chamber of Deputies Senate . _which are a tarce as now constituted, were consunca. mis is the type or democracy that the PRI CONCHICHL VICLICHLS 3. The PRI gerontocracy shifts the burden of the crisis to the youth and the children, the children of peasants workers.
Chey are the ones who will ESS lace tne neaviest ouraen ol the debt. Although they had nothing to do with the debt, they are the ones who wil have to work Ilke crazy to keep imperialism satisfied. this ti the middle of the Year of the 1 0Utl.
1 Foreign debt The debt, which was into government, has risen to ico, Argentina, Venezuela, other to pay their whole debt.
foreign And now we say which sometris The of IBM, presence the asocio aiong our northern border laken in their hands, them cent of the profits, them with low. tax all their machinery suits them.
do all this major Mexican work force The hourly WaNd of Mexicar the United meaning times higher. we already knew: the corruntion and venality of the Yankee ilegal ting CHOU Con centec with the question, aiso, tally: politics, beei journalist Manuel Buendía. have no authority send .them packing, : say 'Yankes official killed, • the Almost every an UnStates and the Mexican while gringo police worker is 1n the our homeland show reject the of the genocidai world's enemy Ronald Defence Defence of Mexico as a nation does not end at our borders. Il we really want to detend Mexico, we mus defend the revolutionary processes that are alreadi taking place and those ye to come. We are defending our own right to make a revolution, without any imperial government stopYankee imperialism has put pressure on the Mexican government stop it raising the possibility of a negotiatec settlement America which the Mex formard in esponse put forward response preited and oppressed in pressure this country.
Today, for even a policy as timid as the one put forward by the Contador .AVUE 2UC against his : strategy for Con ron . the problem of the Sandinista Nationa Liberation Front (FSLN) the Farabundo Martí Na. tional Liberation Front (FMLN) of Salvador and, in passing, the case of We must state that an attack against these three countries will viewed as an attack against Mexico.
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