March 18, 2005

Mesa's Mistake

MABB is a registered TM.

The Bolivian Congress repealed yesterday President Mesa's call for early elections. Shortly thereafter, Mr Mesa went, againg, on TV and told the nation that, indeed, he was staying in office.

The two conclusions were: First, that nobody in Congress was willing to put their jobs on the line. And second, that Mr Mesa lost all of the credibility he got left after he threatened to quit last time.

To me, that is the biggest mistake Mr Mesa could have made. Indeed he lost any credibility he had left. That was his powerful weapon and now he's got nothing.

Now, the so called social movements, have gracefully given the government from a couple of weeks to a couple of months to rest. The trouble is set to begin again at the time the proposed energy law is debated in the Senate.

Meanwhile, Mr Mesa is running out of strategies and arguments. What will he do next?