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To: kahoutek

A little background on "poor" Mexico.
http://transcripts.cnn.com/TRANSCRIPTS/0412/16/ldt.01.html

Aired 12/16/04 On CNN

DOBBS: Tonight, an estimated 15 million illegal aliens live in this country (20 million according to Bear Stearns report later that month), at least half of them from Mexico. Many are here because they chose to flee crushing poverty in Mexico.

But, in point of fact, Mexico is one of the richest countries in Latin America, amongst -- the millionaires, billionaires and its wealth concentrated in the hands of very few.


CASEY WIAN, CNN CORRESPONDENT: They sneak across the border seeking jobs they can't find in Mexico. The question isn't why they come, it's why can't Mexico's economy support its own people.

Nearly half of Mexico's population lives in poverty. Ten percent are indigent, existing on a dollar a day. Yet the nation has vast wealth. Mexico has more "Forbes" billionaires, 11, than all but eight other nations. It has more billionaires than Saudi Arabia, Switzerland or Taiwan. It also has more than 85,000 millionaires.

GEORGE W. GRAYSON, COLLEGE OF WILLIAM & MARY: There is a small economic elite who live like maharajas, and there's a political elite that protects them. Our border provides an escape valve which really lets the Mexican political and economic elite off the hook in terms of providing opportunities for their own people.

WIAN (on camera): About 10 percent of Mexico's 105 million people live here in the United States. They're called national heroes by President Vicente Fox because this year they'll send home about $16 billion, more than any Mexican industry except oil.

Mexico's outdated tax system is plagued by widespread tax evasion. It collects taxes at less than half the rate of the United States. As a result, Mexico's public-school and health-care systems suffer.

WIAN: Meanwhile, the gap between rich and poor is growing. So Mexico continues to export one of its most valuable assets, people.


4 posted on 01/28/2005 12:43:38 PM PST by JustAnotherSavage ("We are all sinners. But jerks revel in their sins." PJ O'Rourke)
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To: JustAnotherSavage

Good hit.


7 posted on 01/28/2005 1:18:51 PM PST by kahoutek
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To: JustAnotherSavage

This is a dirty little secret in the imm debate.


9 posted on 01/28/2005 1:42:53 PM PST by Aetius
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