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willardguy
Elite Nomad
Posts: 6451
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yup, why demonize this guy? start by asking the poor mexican standing in line at the oxxo to buy 100 peso's worth of minutes.
To date, Slim's telecommunications empire has overcharged billions and billions of dollars to Mexicans, especially to the rural poor. Carlos Slim
price gouged Mexican customers a total of$13.4 billion each year from 2005 to 2009 for basic telephone and Internet service according to the OECD
study.
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David K
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Mood: Have Baja Fever
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So why is there no competition... or is the big government protecting this big business?
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ncampion
Super Nomad
Posts: 1238
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Location: Loreto
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Mood: Retired and Loving it
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I believe the Mexican government just recently ruled agains him and is opening up the market.
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chuckie
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Hey Willard guy, any particular I OXXO I should watch? I hadnt really noticed poor mexicans lined up waiting to buy minutes. But maybe I havnt been
paying attention. And what is it I am supposed to ask them? Why do you have a cell phone if you cant afford it? Or what exactly? What do you base the
"overcharging" on? That revenue is created by people paying for services that they WANT. It is in fact less expensive by about 40% than I was paying
in the states. So help me out here, tell me what to ask and where I will find these people. I'll check around town tommorrow for lines and
stuff.....Gotta be some right? Everyone has a cell phone..
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monoloco
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It is estimated that the lack of competition in telecommunications costs the Mexican economy about 1.8% of GDP annually.
http://www.ibtimes.com/mexican-monopoly-carlos-slims-telecom...
"The future ain't what it used to be"
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BajaBlanca
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Anytime I go to the western union to pay a bill, there are people in line putting on precious pesos on their cell phones ... 50 pesos at a time.
Cell phones, by peso standards, seem inordinately high to me.
I sure hope some healthy competition comes into play!
It will be very interesting to see what Slim wd do in Loreto. Being that his kids can go anywhere in the world, literally, the fact that they like
Loreto means they like the essence. So it stands to reason that he will leave it just
like it is, right?
[Edited on 8-9-2013 by BajaBlanca]
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Mariz
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I'm not sure of Slim's motivations about Loreto but, investing in the status quo isn't how you become one of the world's richest men.
I just hope that someday soon, those who want to, can find some level of economic success here...cause it's tough today.
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MitchMan
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I truly hope that if Slim does in fact buy Loreto Bay that he take a real and even personal and pointed interest in Loreto as a community. Not sure,
but, if he follows thru with the heretofore publicized vision that was ostensibly the original grand vision of Loreto Bay, takes it to conclusion in a
timely basis, that could be a great thing for Loreto in general.
Slim's got the resources to make a massive difference in Loreto. It has been sad to see Loreto slowly sink into economic depression since the late
80s.
I hope that his vision for his investment in Loreto is based in a type of investment that benefits the whole area of Loreto, the ecology and its
residents and that his investment elevates most everyone as a rising tide lifts all ships. Loreto, being the "potential" and unique gem that it is,
deserves that kind of treatment.
The free market...if that is what it truly is in this case... can save and elevate or it can devastate and exploit...it depends on the actions and
intent of the key players and on intelligent vigilance by the citizenry.
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Lee
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Posts: 3564
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Location: High in the Colorado Rockies
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Slim improving Loreto economy is a good thing. Why is development and tourism a bad thing to some? Oh, bring back the good old days.
These are the good old days.
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Bajahowodd
Elite Nomad
Posts: 9274
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Many good comments about the Mexican telephone problem. The bigger problem is that for decades, so many industries have been in government control. I
haven't looked at any of today's posts, but I did read that the newly elected president has put forth an agenda, which was tried and failed under Fox.
Namely to allow private involvement in both electricity and petroleum.
That said. If Slim is so unbelievably wealthy, what skin would it be off his nose, if he either allowed competition in telecommunications, or
drastically lowered his rates.
For a guy who was once a cab driver, why cannot he show some pity on the regular guy?
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monoloco
Elite Nomad
Posts: 6667
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Location: Pescadero BCS
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| Quote: | Originally posted by Bajahowodd
Many good comments about the Mexican telephone problem. The bigger problem is that for decades, so many industries have been in government control. I
haven't looked at any of today's posts, but I did read that the newly elected president has put forth an agenda, which was tried and failed under Fox.
Namely to allow private involvement in both electricity and petroleum.
That said. If Slim is so unbelievably wealthy, what skin would it be off his nose, if he either allowed competition in telecommunications, or
drastically lowered his rates.
For a guy who was once a cab driver, why cannot he show some pity on the regular guy? |
Hey, it's not cheap
maintaining 3 200' yachts.
"The future ain't what it used to be"
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TMW
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Location: Bakersfield, CA
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Wealthy people are usually obsessed with either making more money or not losing what they have. They tend to do whatever is necessary to protect
theirs. They do have their donation causes and often support it with large amounts (to us) of money. Buffet, Gates etc give away millions but when you
have billions that's easy to do. Not saying it's good or bad, just the way it is. As long as they made it honestly good for them.
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Paula
Super Nomad
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Location: Loreto
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http://en.wikipedia.org/wiki/Alfredo_Harp_Helú
Cousin to Carlos, this guy seems to be a genuine philanthropist and has funded
museums, a library and a school of indigenous languages among other projects
that will help to maintain the various native cultures of Oaxaca.
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MitchMan
Super Nomad
Posts: 1856
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I think Gates finally realized that he acquired too much money, all things considered.
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DENNIS
Platinum Nomad
Posts: 29510
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Location: Punta Banda
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| Quote: | Originally posted by Bajahowodd
For a guy who was once a cab driver, why cannot he show some pity on the regular guy? |
He's a product of the Carlos Salinas privatization program.
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chuckie
Elite Nomad
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I am amazed at ignorant we all are. Take the time, please to read the biography of Carlos Slim, and study his timeline. He, through a number of
foundations has donated hundreds of millions of dollars , to improve education, health, sports and ecology here in Mexico. He is a true
philanthropist...I read it today, and am truely impressed...We need more people like him....
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DENNIS
Platinum Nomad
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| Quote: | Originally posted by chuckie
I am amazed at ignorant we all are. Take the time, please to read the biography of Carlos Slim, and study his timeline. He, through a number of
foundations has donated hundreds of millions of dollars , to improve education, health, sports and ecology here in Mexico. He is a true
philanthropist...I read it today, and am truely impressed...We need more people like him.... |
How 'bout a link, Chuckie? I'm in the mood for a nice surprise. By Slim's own admission, he's not much into charity and sees his calling as a job
creator to be more beneficial. He makes a good point.
Regardless of some praise which has been made of him, we don't know, nor ever will know, what incentives he receives for his reported generosity.
One thing I would confidently bet on is, he's not doing it for nothing.
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chuckie
Elite Nomad
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www.carlosslim.com for starters.......I also used bing and searched Carlos Slim foundation...The man has recieved so many humanitarian awards
its amazing.....
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DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
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| Quote: | Originally posted by chuckie
The man has recieved so many humanitarian awards its amazing..... |
It's all show biz, Chuckie. I'll bet if you gave someone a sack of money, they'd give you a certificate too.
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willardguy
Elite Nomad
Posts: 6451
Registered: 9-19-2009
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 I look like a pretty stellar dude too, on willardguy.com! 
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