Thread: Calderon makes pitch for US investment in Mexico

Calderon makes pitch for US investment in Mexico
Calderon urges US businesses to invest in Mexico to create jobs and ease migration
April 23, 2008: 02:49 PM EST

NEW YORK (Associated Press) - Mexican President Felipe Calderon made an investment pitch Tuesday to business officials, saying his country has "solid economic fundamentals" and is dealing with transportation needs and crime.

And while Calderon has criticized U.S. immigration policy, he said U.S. investment in his country could ease the pressure for Mexicans to move _ legally or otherwise _ to the United States.

"The goal is not to see every year Mexican people trying to cross the border to the United States," Calderon said. "Our goal is to create opportunities for our people in Mexico. That is absolutely possible."

Calderon spoke to about 25 Dallas-area business and civic leaders at a swank downtown hotel.

Calderon sat at the head of a U-shaped set of tables, with a group of Mexican officials to his right, and the Dallas contingent to his left. A slide on a screen at the foot of the room said, "Mexico: Open for Business."

Introducing the president, Dallas Mayor Tom Leppert called for more business and cultural ties between the United States and Mexico. He said trade would create more opportunities for Texas businesses and access to lower-priced goods for consumers.

Leppert also praised Calderon for sending federal troops into Ciudad Juarez to combat drug-war violence in the border city that lies across the Rio Grande from El Paso.

Robert Chereck, a regional president for Wells Fargo & Co., said he was impressed by Calderon's presentation of policies aimed at improving transportation systems, energy production and debt reduction.

"They're doing a great job," Chereck said. He was also struck by a study by investment bank Goldman Sachs, which predicted that Mexico will be the fifth-largest economy in the world by 2050.

After Calderon spoke for about 15 minutes, reporters were asked to leave, and the meeting continued for a few more minutes.

Participants said the closed session focused on trade and Mexico's economic policies, and that immigration did not come up.

The event was sponsored by a Mexican government-run group called the Institute for Mexicans Abroad. It usually meets in Mexico City, but Leppert lobbied for a Dallas session.

Earlier Tuesday, Calderon met with President Bush and Canadian Prime Minister Stephen Harper in New Orleans in a show of unity on trade. They rejected the call of Democrats in Congress to scrap or renegotiate the North American Free Trade Agreement, which removed barriers to trade and investment between the three countries.

Calderon's visit came against the backdrop of rising anti-trade rhetoric in Congress and on the presidential campaign trail.
http://money.cnn.com/news/newsfeeds/art ... f15edb.htm

And while Calderon has criticized U.S. immigration policy, he said U.S. investment in his country could ease the pressure for Mexicans to move _ legally or otherwise _ to the United States.

Now I know why Mexico seems to believe the United States is responsible for it's well being and survival.

It's the message Calderon is preaching! Mexico is and will always be the poor victim and the United States is obligated to support her if we want to reduce illegal immigration.

This rhetoric from Mexico is getting tired and redundant already!

Ok, how many US companies have moved to Mexico already? How come Mexican citizens living ILLEGALLY in the US not going back for those jobs???

Gee, I guess it's because NO ONE wants to work foir $2 an hour??? Get ready for them Felipe, you cocky little rooster, cuz more will be heading your way soon! Have those jobs ready and waiting for them, ya hear?

miguelina, that was what I was going to write. How many of our US businesses have to relocate to Mexico till we see Caledron's so called benefits. How many American jobs do we have to lose? So far, the ideas of these leaders have not worked out so well for the American people. We keep seeing more illegal aliens, more money leaving and more outsourcing.

So, he wants our businesses, he wants us to have his people, he wants his people to send their money home in the billions, and of course, he wants his people to think "Mexico first." Great deal for the United States - NOT.

Psalm 91

Go ahead but don't forget your bullet proof vests for you and your employee's



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It all boils down to emotional blackmail.

Love your AVATAR "Montereysherry"

Thanks! When I get boiling mad I look at my AVATAR laugh and visualize being up in the clouds above it all. It helps to keep me calm so I don't get in trouble with the Moderators.

Originally Posted by MontereySherry

It all boils down to emotional blackmail.

Love your AVATAR "Montereysherry"

the arrogance of the Mexican President ....comes here to meddle in our political affairs, our laws and policy regarding immigration and then sticks his hand out to ask Americans to give his country more money.....his government squanders their resources to the point that 40% of his citizens flee to take advantage of our social services, education, health care , we are in a recession, Americans are losing their jobs, their benefits and are paying out the nose for gas and food and he has the gall to ask us to invest in his corrupt, nation?