Pancho Villa's son dies, but father's style of rule lives on 

Mexican revolutionary Pancho Villa's last living son, Ernesto Nava, died on Dec. 31 at the age of 94.  

This is a perfect occasion to take another look at one of Mexico's great celebrated heroes and how the myth frequently blurs the line between right and wrong. The gloss is substantial, and oddly relevant, to today. From that great fact-provider, Wikipedia:

As governor of Chihuahua, Villa raised more money for a drive to the south by printing his own currency. He decreed his paper money to be traded and accepted at par with gold Mexican pesos, then forced the wealthy to give forced loans that would allow to pay salaries to the army as well as food and clothes. He also took some of the land owned by the hacendados (owners of the haciendas) to give it to the widows and family of dead revolutionaries. The forced loans would also support the war machinery of the Mexican Revolution.[1] He also confiscated gold from specific banks, in the case of the Banco Minero, by holding hostage a member of the bank's owning family, the extremely wealthy Terrazas clan, until the location of the bank's hidden gold was revealed.

Forcing banks to provide loans to the "underserved" is one of the main goals of ACORN. It is also the function of Fannie and Freddie, both of which considerably lowered lending standards to the taxpayers' detriment.

As for the pegging of the currency, look at the leaders of Venezuela and Argentina, both of whom are seizing their countrymen's assets to further their own political ambition.

Just saying.

About The Author

J.P. Freire

J.P. Freire is the associate editor of commentary. Previously he was the managing editor of the American Spectator. Freire was named journalist of the year for 2009 by the Conservative Political Action Conference (CPAC). You can follow him on Twitter here. Besides the Spectator, Freire's work has appeared in... more
Pin It

More by J.P. Freire

Latest in Nation

© 2018 The San Francisco Examiner

Website powered by Foundation