El Barzon
El Barzón is a movement of middle class private business and farming interests in Mexico.
A Barzón, in terms of agriculture, is the yoke-ring to which a rope or chain is attached to pull a farm plow; a hitch-ring, connecting-ring, a pull-ring. The name comes from a Mexican revolutionary song that speaks about injustice in the fields of the countryside. Their motto is: "Debo, no niego, pago lo justo" ("I owe, I don't deny it, I'll pay what is fair").
Members of El Barzón were responsible for massive amounts of debt denominated in dollars; which they were expected to pay back with a peso worth half of its previous value. Their debts would amount to ten times the loan they had originally taken out, and El Barzón refers to the massive social movement where elements of the traditionally quiet middle class rose up and refused to pay the monstrous sums of money that were expected of them by lending institutions. It was an accepted public venting of frustrations and helped to set up the PRI's demise in the 2000 presidential elections.
El Barzón is a decentralized movement, and there were actually two main organizations, one that kept a pro-PRI stance and another that took a more leftist approach, siding with the PRD. There were several statewide organizations where debtors would receive legal and group support in exchange for a fee. Maximiano Barbosa Llamas founded this movement in Jalisco, Mexico. He was the most important leader of El Barzón A.C. Also he won a position on the congress by 1997.
One of the groups consisted of long-time members and supporters of the ruling Partido Revolucionario Institucional (PRI) after the devaluation in December 1994 of the Mexican peso. This devaluation occurred during the Zedillo administration, but the administration blamed the outgoing President Salinas).
La Cerca
- 2018-04-24T00:00:00.000000Z
15 Exitos
- 2015-05-01T00:00:00.000000Z
La Puntada
- 2015-05-01T00:00:00.000000Z
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