Calderón Inaugurated — Fox Exits After Historic Six-Year Term

Felipe Calderón Hinojosa is inaugurated as Mexico's 56th President in an abbreviated ceremony at the Chamber of Deputies amid the political chaos. Fox peacefully hands over the presidential sash, completing a historic democratic transition in which an opposition government delivers power to a successor from the same party — a first in Mexican history. Within days of taking office, Calderón deploys 6,000 soldiers to Michoacán, launching the military-led 'war on drugs' that will define his presidency and transform Mexico.