BajaNomad

Mexico house OKs loosening foreign land ownership

rts551 - 4-24-2013 at 07:08 AM

http://www.wfaa.com/news/world/204346061.html

rts551 - 4-24-2013 at 07:47 AM

http://abcnews.go.com/International/wireStory/looser-rules-p...

DENNIS - 4-24-2013 at 07:55 AM

I posted the following last night on the Punta Banda BB:
=====================================

This issue comes up about as regularly as does a Blue Moon and dies a
predictable death on the operating table.
The measure still has monumental hurdles to go over, Senate approval as well as
state approval.
These bodies of law makers have to answer to the public who have reason to
object, and their representitives will listen.

Mexico has national icons, the state owned oil monopoly, PEMEX, being one of
them. There's even a national holiday commemorating the reaquisition of this
asset from foreign ownership, Expropriation Day. It was important to the people
of Mexico that their country wasn't controlled by foreign interests who took the
profits and ran.

Another sensitive issue is foreign ownership of land, especially the perimeter,
and voices will rise if and when the possibility of losing these assets to
foreigners ever gets near being a reality.
These may in fact be "antiquated laws", but they're held together with national
pride. That won't be easily changed.

monoloco - 4-24-2013 at 08:10 AM

Yeah, that will pass when pigs fly.

rts551 - 4-24-2013 at 08:11 AM

I agree Dennis, But Its further this time than ever. This bill does restrict the change to residential ownership.

(edit for typo)

[Edited on 4-24-2013 by rts551]

Curt63 - 4-24-2013 at 08:46 AM

If it passes, electricity is easy. But in desirable remote areas, where will the water come from?

DavidE - 4-24-2013 at 08:50 AM

One of the fundamental sensitivities of Mexicans was caused by the idiot Porfirio Diaz. In the Porfiriano, he sold, traded, and gave away vast tracts of valuable real estate to foreigners. The US revolution occurred almost two hundred forty years ago. The Mexican revolution is much younger and fresher in people's minds. Wealthy gringos were as greedy and exploit driven to Mexicans as they are to Americans today - only campesinos were starving to death and had lost all hope.

The mere ACT of liberalizing land ownership pagentry has lots of PR value. The same sort of bait that possible liberalizing parts of the oil monopoly has - it's supposed to "reassure" investors that moving money into "other" areas of the Mexican economy would be desirable because "The Ambiance Is Changing Mexico Is Modernizing".

Maybe I've lived here too long - when I smirk at stunts like this, I notice my Mexican friends are smirking too.

Hook - 4-24-2013 at 09:09 AM

It's gonna pass this time. The Mexican congressmen sponsoring it would not have introduced it if they didnt have the votes. They are very influential people. And Pena's party is on board with it. So, he wont veto it.

It's gonna pass this time, I believe.

I'm worried about the cost of getting OUT of the trust. I hope the eventual legislation has some basic limits on how badly the banks will try and gouge us.

[Edited on 4-24-2013 by Hook]

DENNIS - 4-24-2013 at 10:00 AM

Quote:
Originally posted by DavidE
One of the fundamental sensitivities of Mexicans was caused by the idiot Porfirio Diaz. In the Porfiriano, he sold, traded, and gave away vast tracts of valuable real estate to foreigners.


The irony is, when he hurriedly left office, he's one of the few who left money in the treasury. Most others saw it as a parting gift.

DENNIS - 4-24-2013 at 10:03 AM

Quote:
Originally posted by Hook
It's gonna pass this time.


No way. Not as it stands today . There will be so many adjustments made to the proposal, it will be unrecognizable from it's present form.

Bajatripper - 4-24-2013 at 10:59 AM

Quote:
Originally posted by DavidE
The US revolution occurred almost two hundred forty years ago. The Mexican revolution is much younger and fresher in people's minds.


While you've got the names right, these often lead to misconceptions such as the one you've made, DavidE, so I thought I'd chime in here.

"The US Revolution" refers to the war that gained our independence from the British, fought from 1775-83.

In Mexico, they call their own nation-creating conflict the War of Independence, which was fought during the period 1810-24.

As you can see, there really aren't all that many years that separate the formation of our two nations.

What Mexico refers to as their Revolution--which was fought from 1910-mid 20s, was actually the equivalent of our own Civil War, which was fought between 1861-65, in that it was a fight between Mexicans over who would rule the nation and had nothing to do with getting rid of a colonial authority. Again, it is only a matter of decades that separate the two similar conflicts in our two nations' histories.

One of the biggest differences in the economic and social development of the two nations was that the US got its chit together as a nation relatively quickly after achieving independence from the British. We put in place a strong central government that was able to quickly go to work addressing the nation's needs.

In Mexico, such can't be said. They spent the next fifty years fighting among themselves, some wanting a strong federal government, others wanting strong state governments and a weak central government.

Throw in the US territorial land grab known as the Mexican-American War 1846-48 (when Mexico lost half of their nation to US aggression) and the French Invasion (1864-66) and a whole bunch of other foreign interventions, and, well, one can see why Mexico is a bit sensitive about foreign influences in their affairs.

It wasn't until the administration of Porfirio Diaz from 1876-1910 (a dictatorship known as the Porfiriato), that Mexico finally had a strong central government in place that led to economic development and growth. Ironically, the social injustices that took place during that period led to the Mexican Revolution (civil war) of 1910.


But it's easy to make the mistake you've made, David, if one only relies on the names of the four wars involved.

PS Benito Juarez, who--as you no doubt know--is a huge national hero in Mexico, also was quite active in signing over national lands to foreigners in the forms of leases. But that gets conveniently forgotten by many Mexican historians. (Juarez was the one who signed the concession for the US Naval coaling station at Pichilingue, just outside of La Paz, in 1866).

[Edited on 4-24-2013 by Bajatripper]

Bob and Susan - 4-24-2013 at 12:15 PM

monoloco...you should watch more tv :lol:

pigsfli.jpg - 36kB

DavidE - 4-24-2013 at 02:25 PM

Dang, I gotta remember to change it to "The Fourth of Revolution". Try taking the test for Mexican citizenship to flex the muscles for getting Mexican history right (according to the present philosophy).

Dice "la revoluccion" to a Mexicano and he will think of Diaz, Zapata, y Francisco Villa.

Porfirio actually modernized a lot of industry and industry but it wasn't done for the people but rather for extraneous to extract more minerals, sugar, coffee, and fill the coffers of the porfirianos.

I love it when Lazaro Card##as explained to nervous oil interests that he would calm tensions between money grubbing oilsters and the union. "But who guarantees YOUR word mister president?"

Privatize ELECTRICITY? Hahahahahahahahahahahahahahahahahahahahahahahahahaha!

The whole Mexican nation watched the drama in California unfold as power was deregulated and the leeches drove the cost of power up beyond a thousand dollars a megawatt hour. Privatizing ANY public entity in Mexico stands about as much chance as a radical Rabbi in Pashawar province.

The absolute GUTS of the revolution was the derechos permitting a campesino to have terreno, casa, familia and a milpa. If you do not understand this I'm afraid you need to brush up somewhat. The mantra is holy and it is being threatened today by Mexican interests never mind extraneous.

Viva la revoluccion! Reforma, and other key ideals rule the roost in Mexico. It is a very complex society, insanely complicated political arena, and as corrupt as it can get away with. Mexico CAN NOT FUNCTION with American ideals. Will not work. Things have to be adopted and melded to the "Mexican Way".

Mexico has enough WEALTHY people now to SELL all the prime land it wishes to. The fideicomiso has worked for decades. WHY oh tell me WHY would they change the system? You folks are familiar with the doings of a remote peninsula and not the mainland. Autopistas with thousands and thousands of cars 2005 and newer surround cities of millions of people. Guadalajara? Surely you jest. Guadalajara has a population of around two million. It is a runt compared to its sister city of ZAPOPAN. There is a massive coastal land grab going on in la costa alegre, costa oro, diamante, perula and Quintana Roo.

The PRI is a different animal than it was twenty years ago. There are three strong parties now and one false move will have one dumped out of Los Pinos on their butt the next sexenio.

I pay more attention to southern Mexico where the wealth of NAFTA, and utterly corrupt politicians has barely touched. Chiapas, Yucatan, Tabasco, Oaxaca, Guerrero, and Campeche. This area can become a powderkeg so fast it'll make your head swim.

"Death To The Gauchupines!" the loss of the Gadsden Purchase, the upheaval of 1857, are all minor events. Cinco de Mayo really has no potential political punch, but the grito of padre Hidalgo does. Above all is the eradication of the porfirian. Stupid extraneous did not realize the significance of the event and continued to try and bully and manipulate until they met Lazaro Card##as. He countered with a reaction that quite curiously matches what is going on in Venezuela today. Like it or not, a democracy is a democracy. Legally elected officials. Conservatives hated Hugo Chavez because they want to get their greedy mitts on Maricaibo Lagomar crude oil. But a majority of Venezuelans RE-ELECTED the same party that promises the continuation of the "reforms" of Chavez.

Lovers of Limbaugh, and right wing conservatives in the states should realize they are being used as voting political pawns. Many sources behind the movements are interested in two things: Exploiting foreign resources and labor (outsourcing) while paying zero taxes.

Got news for some folks: America is not the same animal as it was 30 years ago. The manipulation and greed of the holy power brokers is what feeds Al Qaeda nut case mullahs. The bearded turbanistas preach the evils of the USA monied power brokers. The bad part is they preach the absolute truth and then bend and twist those evils into radical religious ideals that are more evil yet. The evils of our holy bankers, financeers, and speculators feed terrorism. I've studied the Quran for more than five years concentrating on the Sword Verses. Evil incarnate. Yet the venom preached by the mullahs would have fallen on deaf ears thirty years ago. Some of you have not got a freakin' clue as to what is really going on in your own country. I come from an era where folks who earned more than (adjusted for today's dollar) five hundred thousand dollars a year PAID NINETY TWO PERCENT TAX! Yet today there is near civil war over proposed tax hikes of a few percent. With a lower middle class income I paid FORTY TWO PERCENT IN TAXES and Social Security and SSA. Of course America did not survive thirty years of this. It failed in 1975. Oh, wait a minute, it didn't.

Your TAX today goes to speculators who yield ZERO PERCENT return on your "investment". People who sit behind desks DO NOTHING and make hundreds of billions of dollars a year on your shoulders. More money than three OBAMA CARES would effect on your income.

Mexico is endangered. Corruption, sloth, and greed allowed tens of billions of drug money to EXPLOIT these weaknesses. La republica got caught with her shorts down around her ankles. This country is paying an awful price. When senadores y deputados get a bright idea to initiate legislation that would weaken Mexico's sovereignty I would be more than suspicious. And doubtful. Sure it is attractive to gringos who own land in the federal zone. So attractive they jump on the band wagon, defend it, argue, and foam at the mouth over the possibility of somehow gaining ownership of heretofore unavailable direct rights.

But I am not holding my breath. And I OWN land in the federal zone in Michoacan. I sort of am familiar with the process, the pros and the cons.

But if I were you I would find out WHY the state bank of Quebec is speculating heavily in the oil market and helping to make crude oil incredibly expensive. Why speculators claim Olmec crude is worth sixty dollars a barrel and why Mexico only gets paid 33. Same for Saudi Arabia. Why tomatoes are purchased for seventeen cents a pound in San Quintin, travel two hundred miles and sell for two-fifty north of the border. But I guess it's better to argue over a two percent tax hike, and national health care.

BFS - 4-24-2013 at 02:45 PM

It is exciting news and will among many positive things, dramatically affect closing costs.
But the banks will fight to the bitter end to not less this one pass.
Let's hope it does.

DENNIS - 4-24-2013 at 02:50 PM

Quote:
Originally posted by DavidE
But I am not holding my breath. And I OWN land in the federal zone in Michoacan.


Do you mean, "Protected Zone?" The Federal Zone, twenty meters behind mean high tide line, was to stay intact, I thought.

Curt63 - 4-26-2013 at 12:54 PM

Pendejo





[Edited on 4-26-2013 by Curt63]

DianaT - 4-26-2013 at 06:11 PM

From what I am hearing, it does seem that there are many citizens who definitely do not want the Constitution amended.