Thursday, March 24, 2005
It's semana santa in the big city
....which means that all is quiet and tranquil.
There has been very little news worth commenting upon, but here are some interesting stories from this week's paper.
The pensions most will receive under the privatized pension system will be paultry (big surprise here) According to the article, 70% of those contributing to the Afores receive between 1 and 2 times the minimum wage, and their contributions will not be enough to provide a minimum pension. Thus, the state will have to step in and make up the difference. Beware....those who would privatize the U.S. pension system. Here's a related story on recent wage policies.
The desafuero could create instability in Mexican markets. Also, the PRI is trying to carefully back away from the desafuero.
The Mexican equivalent of the White House accepted nearly 10,000 toys and 9,000 small home appliances that were confiscated by customs last November and December. The complaint is that the First Lady probably diverted these to her charitable causes instead of allowing them to be distributed through formal government charity/family programs.
Fox is finishing a meeting with Bush and the PM of Canada (I would call him by name, but no one would know who I was talking about). Big topics were immigration and security, not necessarily in that order. I don't have much to add to those discussions, but here's an interesting article on the number of undocumented immigrants in the U.S., over half of whom are Mexican.
posted by Michelle @ 6:52 PM,