Most people think that May 5 is the celebration of the Mexican Independence Day. However, they're mistaken; Mexican Independence Day is actually September 16. Cinco de Mayo originated in the middle of the 19th century when, after a financial crisis was created by debts from the Mexican-American War, Mexican President Benito Juárez declared to all foreign debtors that Mexico was suspending payment for two years. As History has it, Great Britain, France and Spain were not satisfied, and although the British and Spanish backed down, France insisted on using force to collect its owed debts. As a result, French Emperor Napoleon Bonaparte named a relative of his, Archduke Maximilian of Austria, ruler of Mexico. Marching toward Mexico City to occupy the capital, the French Army encountered a stiff resistance, and on May 5, 1862, Mexican General Ignacio Zaragoza defeated the French Army in the Battle of Puebla. The Mexican victory was an equivalent to the victory David had over Goliath, for the French Army was larger and much better equipped. Now that the truth is out of the bag, Cinco de Mayo is a time to recognize the bravery of those who kicked their debtor's asses after they came across an entire ocean to collect. In the rebellious and stingy spirit of Cinco de Mayo, I have attached below a couple local affordable hangouts you can hit for some action. It's a Fiesta, Fiesta – Hopefully not R.Kelly style though @ SoHo Lounge - 175 NE 36st (Miami Design District). On Thursday, May 5, come see a live performance of ELKLAND & Sayonara Toko for only $3 SoHo Lounge located at 175 NE 36st (Miami Design District) 33137. @ I/O Lounge – 30 NE 14st (Downtown Miami). On Thursday, May 5, IO presents an artsy night of booze carousals featuring 5 – bands, Artists, DJ's, Performance Artists & Dancers. $5 at the door, 18+, doors open at 11 p.m.