When the new congress gets to "work" in September, EPN's PRI will have at most 249 out of 500 seats in the camara de diputados and 61 out of 128 seats in the senate. Far short of the 2/3 majority to pass constitutional amendments needed to overhaul Pemex and open the company to foreign investment. The proposed reform is shaping up to be either EPN's Waterloo or Gettysburg.
It will be interesting to watch the PRI actually sweat to round up votes for once. Prior to 2000, the party held massive majorities in congress, and since then they've perfected the art of blocking legislation, along with the PRD on plenty of occasions, in order to stick it first to Fox and then to Calderon.
Tuesday, July 3, 2012
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