Reuters
❝ Miriam Grunstein is an attorney and former advisor to the Mexican Senate on energy and international law. Legislation has been proposed at the Mexican Senate that bans the use of public funds on any project that is “against the country’s interest.” That’s widely taken to mean the wall.
“Just because of, you know, tantrums, we could really waste a golden opportunity of uniting,” Grunstein said.
❝ The proposed Mexican legislation would lead to a review of some of the most fundamental treaties between the two countries, among them the 1848 Treaty of Guadalupe. The treaty ceded Texas and California, as well as parts of Arizona, Colorado, New Mexico, Nevada, Utah and Wyoming to the U.S.
❝ The bill also states, “in cases where the assets of our fellow citizens or companies are affected by a foreign government, as Donald Trump has threatened, the Mexican government should proportionally expropriate assets and properties of foreigners from that country on our territory.”
Translated that means that should Trump follow through on threats to expand the wall, withdraw U.S. participation in NAFTA or stop remittances, Mexico could target U.S. assets in Mexico. Assets estimated by the Office of the U.S. Trade Representative at over $100 billion.
Trump’s blather seems to have drawn a film of ignorance over the brains of many papier-mache journalists. Favorite example? Financial analysts who wonder why housing construction “suddenly” lacks sufficient skilled and/or experienced labor to meet demand.
Reason 1: Greedy contractors who put Mexican immigrant labor to work for cheaper than trained native workers. Driving the latter from that jobs market a couple of decades ago.
Reason 2: The Great Bush Recession killed many of those jobs. Folks went back to Mexico. Harder to return, now – especially since many of those who returned to Mexico now have jobs back home. Why come here to get their chops busted all over again?