Memo from Mexico
Excerpt:
But it’s encouraging that even the mainstream media is noticing Mexican wealth these days. Check out the informative article for the Arizona Republic entitled Mexico’s Rich Build Dynasties. [By Chris Hawley, August 16th, 2006]
So what are Mexican magnates doing with their wealth? Well, some of it they are investing in the United States. In 2005, Mexican plutocrats had 6.7 billion dollars invested in the United States. You might even be buying their products.
Some are obvious. Corona beer, for example. That’s owned by Maria Asuncion, Mexico’s richest woman who’s now the wife of Tony Garza, Bush crony and U.S. ambassador to Mexico.
But a lot of Mexican products are things we’d have never guessed.
How about Mabe? That’s a Mexican-owned company that manufactures 35% of the refrigerators and stoves in the U.S.
Other Mexican-owned products are Thomas English muffins, Oroweat bread, and Entenmann pastries.
Grupo México, owned by the Larrea family, owns a few mines in Arizona.
Carlos Slim owns the CompUSA chain, America Móvil and part of Saks Fifth Avenue, and the Texas Supreme Court just handed him a victory in a big lawsuit (Ganan Carso y Sanborns pleito legal en Estados Unidos, Notimex, August 30th).
The biggest cement company in the U.S.A is Mexico’s Cemex firm, owned by the Zambrano family.
So if these guys are so rich—why can’t they invest more money in Mexico?
The above found here on the internet
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If Mexico chose to punish the United States it could prevent Mexican citizens from coming to the United States.
The US chooses to imprison those best suited for the military, service style small businesses, and for the the simpler of jobs.
Mistakes in policies are now biting the US in the ass.
The rest of the world is realizing that America produces little and consumes a lot. The dollar is more and more pretend. The US owes everyone.
Blowing up shit and putting out hits on leaders and others will only work so long and the US gig will be up.
Maybe it will be better to be "Free" and "American" outside the US.
This post accepts anonymous comments. To share, click on envelope below.
* * * *
added Oct. 4, 2006, 9:45 AM:
I checked the comments to this post and this link was referred to in 1st comment:
http://www.notesfromtheroad.com/
Interesting pictures for a few links I checked within the site.
But it’s encouraging that even the mainstream media is noticing Mexican wealth these days. Check out the informative article for the Arizona Republic entitled Mexico’s Rich Build Dynasties. [By Chris Hawley, August 16th, 2006]
So what are Mexican magnates doing with their wealth? Well, some of it they are investing in the United States. In 2005, Mexican plutocrats had 6.7 billion dollars invested in the United States. You might even be buying their products.
Some are obvious. Corona beer, for example. That’s owned by Maria Asuncion, Mexico’s richest woman who’s now the wife of Tony Garza, Bush crony and U.S. ambassador to Mexico.
But a lot of Mexican products are things we’d have never guessed.
How about Mabe? That’s a Mexican-owned company that manufactures 35% of the refrigerators and stoves in the U.S.
Other Mexican-owned products are Thomas English muffins, Oroweat bread, and Entenmann pastries.
Grupo México, owned by the Larrea family, owns a few mines in Arizona.
Carlos Slim owns the CompUSA chain, America Móvil and part of Saks Fifth Avenue, and the Texas Supreme Court just handed him a victory in a big lawsuit (Ganan Carso y Sanborns pleito legal en Estados Unidos, Notimex, August 30th).
The biggest cement company in the U.S.A is Mexico’s Cemex firm, owned by the Zambrano family.
So if these guys are so rich—why can’t they invest more money in Mexico?
The above found here on the internet
* * * *
If Mexico chose to punish the United States it could prevent Mexican citizens from coming to the United States.
The US chooses to imprison those best suited for the military, service style small businesses, and for the the simpler of jobs.
Mistakes in policies are now biting the US in the ass.
The rest of the world is realizing that America produces little and consumes a lot. The dollar is more and more pretend. The US owes everyone.
Blowing up shit and putting out hits on leaders and others will only work so long and the US gig will be up.
Maybe it will be better to be "Free" and "American" outside the US.
This post accepts anonymous comments. To share, click on envelope below.
* * * *
added Oct. 4, 2006, 9:45 AM:
I checked the comments to this post and this link was referred to in 1st comment:
http://www.notesfromtheroad.com/
Interesting pictures for a few links I checked within the site.
posted by The_SRV at 6:54 PM
2 Comments:
Crazy Viking - keep up your awesome thoughts. What are the longterm consequences of acting the way we do as a country..and should our next Administration apologize?
E
notesfromtheroad.com
the next admin should try and fix the damage of the last admin, and apologizing for assholes and bozos, will be optional.
-Steven G. Erickson a.k.a. blogger Vikingas
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