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View Diary: How neoliberalism ruined Mexico (43 comments)

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  •  No Development Fund w/o US Oversight (0+ / 0-)

    Unless Mexico agrees to certain conditions, including direct US oversight of the funds, similar to the conditions that countries like Spain agreed to, I disagree with you.

    Otherwise, you'd have no guarantee that the politicians would siphon the funds directly to overseas accounts.

    The primary problem with Mexico is the ruling party (PRI/PAN) couldn't care less about the country.

    Currently, a Senator (120 of them) or a Representative (500 of them) make more than their US counterparts.  The Supreme Court Justice makes over US$ 650K a year, far more than our Supreme Court Justice.

    You'd think that in a country with such a gap between what the ruling class and the rank and file make, there would be an effort to address the inequality.

    But no.  

    Instead, Calderon and the PAN/PRI just fast-tracked a pension bill that slashed the minimum pension by 50% for low-level government workers.

    Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project.

    by PatriciaVa on Wed Jun 13, 2007 at 12:55:03 PM PDT

    [ Parent ]

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