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U.S. Treasury Secretary Lauds Mexico for Strong Macroeconomic Policies
Banderas News ^ | WEDNESDAY March 29 2006 | Lisa J. Adams

Posted on 03/29/2006 9:03:14 PM PST by hedgetrimmer

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To: potlatch
Well, I'm not an expert on this but a small number of very rich people own most everything in Mexico

Actually, Mexico would benefit from a 'kill all the rich people' type revolution. The problem would come later. Unfortunately, the types of folks who want to kill all the rich people also have no idea of how to reconstruct an economy. If they killed the rich people and divided their land and oil rights into small parcels that were given, as private property, to every person in Mexico (or maybe to entities and the stock given to every person in Mexico), it would effect a true revolution.

Unfortunately, leftists believe you should kill all the rich folks and that the leftists should replace them. I really don't know which is worse, a leftist utopia or the Mexican style 10 people own everything. Either way, regular guys get the shaft.

21 posted on 03/29/2006 11:04:45 PM PST by ModelBreaker
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To: holyscroller

FYI Eminent domain is a favorite tool in 'renewal communities'.


22 posted on 03/30/2006 7:00:08 AM PST by hedgetrimmer ("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
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To: ModelBreaker

I agree with you - even if the poor and uneducated people were given some land and money they still wouldn't know how to use it and prosper. Reminds me of the African countries!

We often go to Neuvo Progresso, Mexico just south of Weslaco, Texas. When we first went years ago, it was a small tourist town but now it is a thriving tourist spot and is full of northern Snow-Birds in the winter.

Much sought after jobs are being a 'waiter' in one of the nicer restaurants! With 'tips' they are probably considered well off down there!

A small number of people own most all of the shops.


23 posted on 03/30/2006 2:28:25 PM PST by potlatch (Does a clean house indicate that there is a broken computer in it?)
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