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Woooosh
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Registered: 1-28-2007
Location: Rosarito Beach
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Mexico's proposed Dollar deposit restrictions... any nomads impacted?
I saw in the dollar-realted Dibble UT article a Rosarito authority said the USA retirees living in the Rosarito area would not be negatively affected
by the $1500 per month cash dollar deposit limitation because many had their entitlement checks direct deposited to a Mexican bank. Huh? I don't know
anyone who does that, or would consider trusting a Mexican bank to even think about doing that. Just me or is she right about that? I would think the
reason we Rosarito retirees wouldn't be affected is because we do 90% of our shopping on the USA side and only use cash for incidentals.
http://www.signonsandiego.com/news/2010/jul/25/mexicos-new-d...
"U.S. retirees living in Mexico won’t be greatly affected, either, because many receive their pensions through wire transfers, said Laura Torres, head
of the Business Coordinating Council in Rosarito Beach, which has a large expatriate community."
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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DENNIS
Platinum Nomad
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| Quote: | Originally posted by Woooosh
"U.S. retirees living in Mexico won’t be greatly affected, either, because many receive their pensions through wire transfers, said Laura Torres, head
of the Business Coordinating Council in Rosarito Beach, which has a large expatriate community." |
I think there's a law against honesty in Rosarito. I wouldn't believe anything I heard if it came from there.
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knuckles
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I have been wondering about this as I have read many times about people running to the US for this or that. Big sales at Henry's etc.
Why would you not shop on this side of the border????? Most everything is available here. If you want to be a part of the community you should be
doing your business in the community.
As for the dollar issue, unless you working on a big project, as many of us do, there will always be the ATM access. Unless you are laundering money
I really dont see a problem. However time will only tell.
I know of nobody using the direct deposit to Mex banks.
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DENNIS
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| Quote: | Originally posted by knuckles
Why would you not shop on this side of the border????? Most everything is available here. |
Most, but not all. Prime example....Home Depot will sell you a nail gun, but they don't carry the nails.
They're coming close to getting it all together, but a bit more time and experience is needed.
On the other hand, I can't find a good Fish Taco north of the border. Rubio's should be closed down by the Decency Department.
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noproblemo2
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| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by knuckles
Why would you not shop on this side of the border????? Most everything is available here. |
Most, but not all. Prime example....Home Depot will sell you a nail gun, but they don't carry the nails.
They're coming close to getting it all together, but a bit more time and experience is needed.
On the other hand, I can't find a good Fish Taco north of the border. Rubio's should be closed down by the Decency Department.
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Well there is always the homedepot.com to order from plus all the other dot.coms
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Dave
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Not even close
| Quote: | Originally posted by knuckles
Why would you not shop on this side of the border????? Most everything is available here. If you want to be a part of the community
you should be doing your business in the community.
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While it is true that you can find similar products, they are typically of lesser quality and like items are prohibitively expensive.
If the local community wants to do business with me they will carry the products I want to buy... In the quantities and at the price
I'm willing to pay. Otherwise, I'll take my business elsewhere.
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bajajudy
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This has been impacting our business for almost two years. First HBSC refused cash dollars so we switched to Scotia. They accept dollars but only a
certain amount per month....after that you have to pay a penalty(I believe 2%). If someone issues us a check in dollars, we can only get dollars from
their bank. Then we have to go to a money exchange who takes all of our information(passport) and we can only cash $300 per day or $1500 per month.
I really have a hard time believing that the drug cartels use the banks, so am confused by this cash penalty.
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Woooosh
Banned
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Registered: 1-28-2007
Location: Rosarito Beach
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Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by knuckles
I have been wondering about this as I have read many times about people running to the US for this or that. Big sales at Henry's etc.
Why would you not shop on this side of the border????? Most everything is available here. If you want to be a part of the community you should be
doing your business in the community.
As for the dollar issue, unless you working on a big project, as many of us do, there will always be the ATM access. Unless you are laundering money
I really dont see a problem. However time will only tell.
I know of nobody using the direct deposit to Mex banks. |
When Mexicans in the border areas prefer to shop in their beloved Mexico I will give your knee-jerk reaction post some more thought. If you lived
here you would know the quality is better and the price less in the USA- even at chain stores with the same name (Smart & Final, CostCO, WalMart,
HomeDepot...). We have never figured out why everything, including food is more in Mexico than in the USA- but that's pretty much their problem. I
spend all my money protecting their beaches for them- so I shop where it's cheaper, easier, better and a one-stop experience without a second though
or apology.
[Edited on 8-4-2010 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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lookingandbuying
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Use banks all the time
| Quote: | Originally posted by bajajudy
I really have a hard time believing that the drug cartels use the banks, so am confused by this cash penalty. |
Of course the drug cartels use banks. They have to as you can only do so much with bags full of cash. Some find crooked bankers to help them, others
open legitimate cash generating business's and launder the money through the business. It is unfortunate that having CASH has become a bad thing!!
Just another thing we have lost as a result of others.
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Woooosh
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seems the US banks are more of a problem than the Mexican ones where laundering money is concerned. There was another article (I could not find the
link) of a US bank bypass sing the laundering process and simply buying a plane for the narcos to transport drugs with, how convenient.
http://www.liveleak.com/view?i=379_1277857138
The most recent drug lord caught last week had $7 Million in his house. He WAS the bank in that town I guess.
[Edited on 8-4-2010 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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knuckles
Nomad
Posts: 140
Registered: 9-15-2009
Location: I am never sure anymore :)
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| Quote: | | Quote: | Originally posted by Woooosh
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When Mexicans in the border areas prefer to shop in their beloved Mexico I will give your knee-jerk reaction post some more thought. If you lived
here you would know the quality is better and the price less in the USA- even at chain stores with the same name (Smart & Final, CostCO, WalMart,
HomeDepot...). We have never figured out why everything, including food is more in Mexico than in the USA- but that's pretty much their problem. I
spend all my money protecting their beaches for them- so I shop where it's cheaper, easier, better and a one-stop experience without a second though
or apology.
[Edited on 8-4-2010 by Woooosh] |
no offense intended, just my opinion.
The reason we were drawn south in the first place were the differences.
I would prefer to shop at the old Calimax or the mom and pops like Pablo and Alicias. Of course we were here long before Rosarito had any big box
stores.
Yeah Dennis, Rubios sucks!!!!!! 
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rts551
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Woosh
You post a question... and then get upset when it is not answered the way you want... why not just rant without the question? Or better yet. stay
in off-tpic
Ralph
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noproblemo2
Super Nomad
Posts: 1088
Registered: 4-14-2006
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| Quote: | | Quote: | Originally posted by knuckles
| Quote: | Originally posted by Woooosh
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When Mexicans in the border areas prefer to shop in their beloved Mexico I will give your knee-jerk reaction post some more thought. If you lived
here you would know the quality is better and the price less in the USA- even at chain stores with the same name (Smart & Final, CostCO, WalMart,
HomeDepot...). We have never figured out why everything, including food is more in Mexico than in the USA- but that's pretty much their problem. I
spend all my money protecting their beaches for them- so I shop where it's cheaper, easier, better and a one-stop experience without a second though
or apology.
[Edited on 8-4-2010 by Woooosh] |
no offense intended, just my opinion.
The reason we were drawn south in the first place were the differences.
I would prefer to shop at the old Calimax or the mom and pops like Pablo and Alicias. Of course we were here long before Rosarito had any big box
stores.
Yeah Dennis, Rubios sucks!!!!!! |
Knuckles, this I agree with you on, we were all drawn here for a reason, and many of us have adapted ourselves to the local environments and cultures,
when one shops locally, one supports their community and that is an important part of being here also.
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Woooosh
Banned
Posts: 5240
Registered: 1-28-2007
Location: Rosarito Beach
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Mood: Luminescent Waves at Rosarito Beach
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| Quote: | Originally posted by rts551
Woosh
You post a question... and then get upset when it is not answered the way you want... why not just rant without the question? Or better yet. stay
in off-tpic
Ralph |
I wasn't upset- just stating the economically obvious to the oblivious. Shopping in the border stores and restaurant pays the owners mortgages in
Chula Vista. 
[Edited on 8-5-2010 by Woooosh]
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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Mexicorn
Senior Nomad
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Bar Bill = $400 a month-
Rent $1000.00 a year FM and fidi-
Food= $600.00 includes going out most nights-
Gas= $300.00 a month.
Propane and CFE= $60.00 a month.
Extra unrelated expenses=$500 a month.
$4000 a month yea I've got that covered.
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knuckles
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Location: I am never sure anymore :)
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Mexicorn beat me to it. What I save if I live in baja full time more than covers that little extra cost of some items. Quality is another issue. Of
course some things are better purchased north, but in general everday stuff south is fine and the Filet at my carnicera is just as good at half the
price.
But back to the dollar issue. Woooh's link to the Wachoiva Bank misdeeds just goes to show that the US Banks are immune to wrong doing. The
government will not let the banking system fail and will even give them the bailouts to keep afloat. Just a different type of corruption in a
different country.
The people with power and money will always find a way around the laws and regulations to keep that money and power. Working people on both sides of
the border (ie: baja judy) will alway have to fight to keep what they earn.
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Woooosh
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I thought it was $1400 a month though, not $4000. $1400 is doable until a family emergency pops up.
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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knuckles
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Location: I am never sure anymore :)
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Where was the Dog Food in that Budget? Dingo Treats cost a lot on either side of the border.
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Debra
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I used to feel abit guilty bringing stuff down except what I couldn't find in the village.........A couple of years ago I decided that the fact that
EVERYTHING cost at least twice (except veges) and I was taking 2 teenage boys with me I would do what I had never done before, I went to Costco and
stalked up, never mind though........I was "relieved" of my guilt (and food) when everything was stolen off the top of my truck at Cielito Lindo south
of SQ. Luckly the 2 cases of "Cup of Noodles" was inside my truck and the boys and I lived on that for 2 months pretty much. (and veges) and China's
tacos (not complaining about that!, she has the best) I understand why everything is so expencive in BoLA, they have to import everything pretty
much. But, I'm poor, and what I have to spend in gas to get round trip from Seattle already cuts into our budget big time! But, I keep
going............Will never stay at CL again though. Didn't blame them except for the fact that when they found out what had happened, they said that
I should have parked around back (that would have been nice to be told at check in......... ya think!?) I lost probably about $600 dollars worth of food and goods. UGH!
Sorry, got alittle bit off the topic.
[Edited on 8-7-2010 by Debra]
Mean people suck!
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Woooosh
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to further off-topic. What do the Mexican grocery chains do with their money? We know a man who works at one- 500 pesos per week. The US grocery
chains are all union and they pay very nice hourly wages. Yes, there's some import cost- but wtf?
\"The only thing necessary for the triumph of evil is for good men to do nothing\"
1961- JFK to Canadian parliament (Edmund Burke)
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