Rich in land. Rich in Values. Ripe With Opportunity, The exact same could be said of Argentina, but it has labored under statist, socialist, progressive, crony-capitalist politics and economics for 70 years. Why should Salinas (or California) have a better fate if they follow the same policies?
Your post reminds me of a comment from a business associate whose company is involved in global maritime shipping. He was referring to Brazil in particular, but it was intended to apply to any Third World dump with a hostile climate for forward-thinking business owners:
"Brazil will forever be a country with a great future."