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Judi Lynn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 06:51 AM
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Ranks of the rich grow in Mexico
Nov. 19, 2006, 2:11AM
Ranks of the rich grow in Mexico
Wealth gap shows few signs of closing despite leader's promises

By JEREMY SCHWARTZ
Cox News Service

MEXICO CITY — Their bodyguards aren't allowed inside Le Cluv, Mexico City's most exclusive nightclub. But the fabulously wealthy patrons who make it past the doorman don't need to worry; a team of retired military officers handles security in the nightspot.

Once inside, 20- and 30-somethings drink $300 bottles of rum, lounge on leather sofas and watch flat-screen TVs inlaid in the club's marble pillars.

"The people that come here travel a lot to Europe, to exclusive places in the United States," said Carlos Granados, owner of Le Cluv. "So you have to give them something even better than what they're used to seeing. Here you're like, 'Am I in Mexico, or where am I?' "

While poor migrants grab most of the headlines from Mexico, the ranks of the country's rich are growing at a rapid and largely unnoticed pace.

According to the British market research firm Datamonitor, the number of Mexicans with more than $384,000 in liquid assets will jump 50 percent between 2004 and 2009, from 50,000 to 75,000 in this country of 107 million.
(snip/...)

http://www.chron.com/disp/story.mpl/business/4344880.html
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 07:05 AM
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1. Funny how they downplay the other part of the equation, and cherry pick the
percentages and avoid specific numbers when talking about the impoverished.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 07:22 AM
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2. And the gulf between rich and poor grows.....
Do you have $384,000 in liquid assets? Seems a rising tide lifts all yachts yet again. If you had money in the 90s, you have even more now. But since NAFTA, the average wage dropped 40 cents and the average Mexican earns $4.00 a week. Welcome to a two class society.
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stevebreeze Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-19-06 07:56 AM
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3. The gap between the rich and the poor is why so many poor cross our boarder
What's more we are the cause of much of it with NAFTA etc. So easy for the GOP to demonize the people who only want to make a better wage.
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FernBell Donating Member (233 posts) Send PM | Profile | Ignore Sun Nov-19-06 09:12 AM
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4. Kool beans!! We need to find a way to give them a TAX CUT!!!!!!!!!!!!!!
American robber barons aren't the ONLY ones "persecuted" by taxes! We must FREE THE RICH from their tax "burden" WORLDWIDE!!!
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