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Mexico and Corruption


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#11 stocks

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Posted 17 April 2016 - 09:41 AM

A drug kingpin’s plea with the U.S. triggered years of bloodshed

 

Estimates of the number of people killed in Mexican drug violence nationwide range from 80,000, according to the Justice in Mexico Project, to 150,000, according to the Brookings Institution, during the 2006-12 administration of Mexican President Felipe Calderón.

 

The Mexican government has also reported that more than 26,000 people disappeared, but some independent estimates are much higher. Some of the worst violence was along the Texas border.

 

http://interactives....m/2016/cartels/

 

 

 

 


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#12 stocks

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Posted 15 May 2016 - 08:49 AM

Crime Spike in St. Louis Traced to Cheap Heroin and Mexican Cartels

 

Mexican traffickers have inundated the St. Louis area with a new, potent form of heroin, drastically reducing prices for the drug and increasing its strength to attract suburban users.

 

To attract customers, the cartels — usually through a local surrogate — instruct gangs to sell the drug at prices as low as $5 for each button, about one-tenth of a gram of powdered heroin, which could last a novice user an entire day. 

 

Many of the heroin consumers in St. Louis are young whites in their 20s, who drive into the city from suburbs and distant rural areas. And while most heroin overdose victims here are white, nearly all of the shooting victims and suspects in St. Louis this year have been African-American men and boys,

 

 

 

http://www.nytimes.c...an-cartels.html


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#13 stocks

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Posted 01 December 2016 - 09:22 PM

Mexico’s Central Bank Chief Resigns…

 

In 2015 Mexican Remittances sent home by Mexicans outside the country exceeded the scale and scope of Mexico’s entire oil and energy export sector. The single-year guesstimate was approximately $25 billion.

 

However, that measure doesn’t include bank to bank transfers, nor does it account for direct transfers of capital via cash, personal check, money order or banker cheque. In essence, the estimation is severely understated.

 

An honest evaluation of all possible currency transfer streams puts the outflow well over $100 billion, well over

 

But wait, it doesn’t simply stop there.  In addition to the direct import of dollars propping up the activity around the central bank, the use of fraudulent U.S. tax returns by Mexican Nationals is jaw dropping.

 

2012 INDIANAPOLIS – Inside his central Indiana office, a longtime tax consultant sits at his desk, shaking his head in disbelief.

“There is not a doubt in my mind there’s huge fraud taking place here,” he said, slowly flipping through the pages of a tax return.

“We’re talking about a multi-billion dollar fraud scheme here that’s taking place and no one is talking about it,” he said. The scheme involves illegal immigrants — illegal immigrants who are filing tax returns.

 

Add it all up,… then add in the fact that 80% of all Mexican exports are destined to the United States… then sit back and attempt to quantify the scale and scope of the Mexican dependence on U.S. dollars exported…. then consider this construct evaporating with a new Trump administration and accompanying policies…. and you’ll quickly find out why the guy charged with administering the Mexican monetary system is bailing out

 

 

 

 

 


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#14 stocks

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Posted 31 January 2017 - 09:45 AM

Trump’s Wall Forces Mexican Corruptos To Come Clean

 

 Mexico’s president, Enrique Peña Nieto, is a puppet of the country’s deeply-embedded elites, known in Mexico as los Corruptos.

 

Last week they shoved him out on stage to broadcast a message to Mexican illegals in the United States.
 
The message was simple:
FOR GOD’S SAKE, DON’T COME BACK! WE DON’T WANT YOU!
 
Trump’s simple promise to enforce existing U.S. law has sent the Corruptos into chaos.
 
True to form, Peña Nieto brays the elite’s century-old canard, fomenting hatred for the Gringos while his corrupt pals make off with billions and wink at their pliant American counterparts.
 
Throughout Mexico, millions of communities depend on the “remesas” (remittances) sent home every year from relatives, legal and illegal, in the U.S. Amounting to tens of billions of dollars a year, these funds are Mexico’s only welfare system; the government’s version is so riddled with corruption that it’s virtually nonexistent.
 
The Corruptos also tax the remittances as soon as they arrive: recipient families must pay off the police chief, the mayor, and the local gang leader(s) – or fear for their lives and their livelihood.
 
This is the foul sewer of graft that will collapse in ruins when Trump’s Wall goes up to stay.
 
 

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