From: Virginia McMillan 
Subject: Mexico, Texas, & California on the Rocks?
Message-ID: 
Date: Wed, 25 Oct 1995 10:11:46 -0700 (PDT)

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     Copyright 1995 by Conservative Consensus, ISSN 1074-245X.
     QUOTATION AND REPOSTING ARE ENCOURAGED, provided
     our name & address are credited. V1XCX49


       M E X I C O , T E X A S , & C A L I F .  O N   T H E   R O C K S ?

     MEXICO'S ECONOMIC, SOCIAL, and political outlook remain grim, said
                    Intelligence Digest. Over a million workers have lost
                    their jobs since the peso's collapse last December;
                    thousands of businesses have gone bankrupt. President
                    Zedillo's popularity has slipped to 35 percent. The
                    international bailout has had little effect on family
                    budgets. And revelations about the murder of Luis
                    Donaldo Colosio, the PRI's candidate last March,
                    continue to implicate top-level PRI officials. The
                    Zapatista rebellion is seeking total autonomy or
                    secession from Mexico. "Our own analysts believe the
                    scope of the Mexican crisis might have gone beyond the
                    level of party politics t the realm of disorganized
                    popular unrest," ID wrote. "The next three to four
                    months could prove decisive for the course that the
                    Mexican crisis will take -- towards painful economic
                    and political reforms or towards a social convulsion
                    and revolution."
     _________________________

     ANALYSIS & COMMENTARY: We wrote in our 31 March 1995 issue: "The
     result [of the US bailout]... has not helped Mexico, with one curious
     exception: they have now been able to meet their bond payments to
     foreigners."

     BY NOW IT should be obvious to all that the Mexican bailout
     orchestrated by President Clinton, Robert Dole, and Newt Gingrich had
     nothing to do with helping ordinary Mexicans, who are losing their
     homes, businesses, and jobs at alarming rates.

     MEXICAN INSTABILITY has serious implications for the US. Illegal
     immigration into the US is likely to increase dramatically. It is also
     likely that Congress could legalize a form of humanitarian immigration
     for those fleeing a civil war in Mexico. This would have profoundly
     negative impacts on the states bordering Mexico, as they struggled to
     cope with the new arrivals. This refugee inflow would certainly have
     an impact on the 1996 US presidential election. Since Mexico is a
     significant point of entry for illegal drugs, that problem could be
     expected to worsen.

     THE RESULTING US domestic problems would strengthen the positions of
     those advocating a "right to work" national ID card, broader
     government distribution of health services, and those calling for
     increased domestic anti-terrorism and police powers. Although these
     measures would be unlikely to affect violence within the US, they
     would result in a significant loss of freedom for Americans.

     INTERNATIONALLY, A US preoccupied with violence on its own doorstep
     would be less likely to intervene in other "hot pots" in the world.
     Even this perception would decrease world stability, and might tempt
     nations like North Korea, Iraq, or even China to "make their move" on
     their neighbors, under the guise of "reunification."

     TWENTY BILLION DOLLARS could have provided a lot of aid for ordinary
     Mexican citizens, who now face disaster over the collapsed peso. It
     could have provided stability on America's southern border. It has
     done neither.
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