Mexico’s rich build dynasties
Posted by Juan - October 10th, 2006

For those of you who want to know a bit more of the Mexican influence on our economy, politics, and where all this is heading. Read the article and note the US products that are being snatched up by these Mexican companies/billionaires. I ask the question: is there an economic war being waged against US consumers by Mexican based companies ? Do they parlay their influence in Congress? Perhaps our dollars spent at CompUSA is really being spent on Congress to buy their votes in order to increase the flow of migration to the USA? How many of you have ever seen trucks with the name BIMBO in the side racing around on the streets delivering baked goods to Hispanic Markets?? They own many other US Brands of baked goods that you have in your kitchen cabinets. Take a look:

The Arizona Republic
Chris Hawley
Republic Mexico City Bureau
Aug. 16, 2006 12:00 AM

MEXICO CITY - Carlos Slim is rich. Insanely rich. Astronomically rich. If you took his $37.6 billion and laid the dollar bills end to end, they would stretch to the moon and back seven times, that’s how rich he is.

– later in the article –

The reach of these families and their businesses is enormous: Anyone in the western U.S. who ate a Thomas’ English muffin, an Entenmann’s pastry or a slice of Oroweat bread for breakfast already has contributed to the Servitje family fortune today. And tonight, countless American barflies will order up Coronas and make María Asunción Aramburuzabala, Mexico’s richest woman, a little bit richer.

For these families, globalization has paid off handsomely. For example, 35 percent of stoves and refrigerators in the United States are made by a Mexican company called Mabe, founded and still led by the Berrondo family. They’re sold under the Hotpoint and GE brand names.

Many of these families control the grupos that have so many kinds of companies they put General Electric to shame. Some are world leaders in their industries. They include the Bailléres family and its Grupo BAL, the world’s biggest producer of silver. The Larrea family’s Grupo México is the world’s third-largest producer of copper and owns three mines in Arizona.

Cemex, controlled by the Zambrano family, is the biggest cement company in the United States, and its products are under eight regional brands, including Victor. Gruma, held by the González family, is the world’s leading producer of corn products.

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