Thread: Mexico’s rich build dynasties

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.

http://immigrationwatchdog.com/

http://www.azcentral.com/arizonarepubli ... rupos.html

How absolutely horrible.

Soon, there will be no food to eat that I would want to purchase.

I'm surveying the backyard now for a garden plot, and I swear I'm going to buy a pressure cooker and learn to can.

I've already got a line on beef and will buy a deep freeze and fill it to the brim.

I refuse to enrich these families in Mexico off the backs of American Citizens.

Mexico has 11 Billionaire Families that control the situation in Mexico. I didn't know but should have guessed that they were investing in American Companies to control US when we're dissolved.

Judy what you describe that you are doing for yourself is what the Mexican families with members on both sides of the border need to do to. Current immigration patterns and the subsequent remittance flow have led to a culture of dependency.
Mexican families increasingly buy from the supermarkets what they should be cultivating for themselves. In order to obtain savings and purchase productive assets the Mexicans communities which have remittance incomes should still be raising most of their own food. It also soaks up the time of the unemployed family members.

I have been in contact with Heifer International and the Mexican Cement Corp (Cemex) regarding educating Mexicans regarding the same basic idea.
Your idea our idea is a good one even better foor them than for us. I had even reached and spoken with the office of Pres. Lorenzo Zambrano.

They have a program called Construmex which is a mail order catalog with building designs. A Mexican living in the US can order containerized building supplies for delivery anywhere within Mexico. So far
almost all sales have been of fancy houses. The same program could be used for warehouses, factory shells and barns. The basis for a self sustaining economy.

SUBJECT CHANGE

Several years ago I was in touch with Isaac Saba Raffoul one of the largest makers of noodles in Mexico. A lot of his product is marketed in the United States under private label store brands or in bulk.
The "Prince" brand was for sale at the time and I was trying to broker a deal.

You're right Richard! The Mexicans should definitely pursue this concept. They are hard working and know how to farm. Many of them lost their farms after NAFTA forcing them to flee to Mexico City looking for work. Removed from their homes and farms and unable to find work in Mexico City, they then flocked North to the USA. They should not have sold their farms to our multi-national companies. They should have kept them and done contract farming or told our companies to get the hell out of their nation. But for the future, your ideas are great and I wish you good luck with your promotion of them.

See, if people like us were down there helping the Mexicans, we could turn that whole country around in no time at all. Unfortunately too many multi-national companies are in my opinion abusing them economically so with our abuse and the abuse of their own "billionaires", they are trapped. When you're trapped, you do one of two things...flee or fight.

They should stay in Mexico and fight for their rights and wages.

What they should do is form unions, protest and if need be have a revolution.

I hope they choose this route for themselves because the "flee" to the USA is over.