Payback is a B****: Mexico considers seizing $100 billion in US-owned assets (Walmart, state)

[le roi]

Originally Posted by GotHereQuickAsICould

Oh, don't be ridiculous. If they think they can make a decent profit, they'll invest in South Sudan.

Rule of law is fundamental to making a profit. By bringing up south sudan you are making my point for me... Nobody invests there because you can't trust the law.

[Alonso_Castillo]

Originally Posted by le roi

That only applies to public utilities.

Expanding it to include nonutility assets is a blatant usurping of the rule of law.

And that is why Mexico is so poor and backwards. Not only is your constitution that of a banana republic, but you don't even enforce it consistently. Its farcical.

Sorry but Seems to me that you haven't read the law.


Artículo 1° Parrafo IX

Artículo 1o.- La presente ley es de interés público y tiene por objeto establecer las causas de utilidad pública y regular los procedimientos, modalidades y ejecución de las expropiaciones.

Se consideran causas de utilidad pública:

IX.- La creación, fomento o conservación de una empresa para beneficio de la colectividad;




Article 1st.- The present law is of Public Interest, and has as objetive to stablish the causes of Public Interest and regulate the procedures, forms and execution of expropiations.


It is considered causes of Public Interest:


IX.- The creation, enforcement or conservation of a company for colective benefit;

[Alonso_Castillo]

Originally Posted by le roi

Rule of law is fundamental to making a profit. By bringing up south sudan you are making my point for me... Nobody invests there because you can't trust the law.

You can trust the Law, what you can't is to think that the laws of your country should apply in other ones. that is Imperialism. And we Must Cut imperialism from the head like to a snake.

[le roi]

Originally Posted by Alonso_Castillo

Sorry but Seems to me that you haven't read the law.


Artículo 1° Parrafo IX

Artículo 1o.- La presente ley es de interés público y tiene por objeto establecer las causas de utilidad pública y regular los procedimientos, modalidades y ejecución de las expropiaciones.

Se consideran causas de utilidad pública:

IX.- La creación, fomento o conservación de una empresa para beneficio de la colectividad;




Article 1st.- The present law is of Public Interest, and has as objetive to stablish the causes of Public Interest and regulate the procedures, forms and execution of epropiations.


It is considered causes of Public Interest:


IX.- The creation, enforcement or conservation of a company for colective benefit;

From article 27:
"Expropriations may only be made when there is a public utility cause."

Now, mexican butthurt might generate a lot of heat, but it doesn't qualify as a public utility.

[Alonso_Castillo]

Originally Posted by le roi

From article 27:
"Expropriations may only be made when there is a public utility cause."

Right, that Constitutional article give birth to the Law of Expropiation where the Causes of Public Interes (utility) are described.


The constitution is the mother law, the Reglamentary Laws clarify the application of the Constitutional principles.

[le roi]

Originally Posted by Alonso_Castillo

You can trust the Law, what you can't is to think that the laws of your country should apply in other ones. that is Imperialism. And we Must Cut imperialism from the head like to a snake.

It is plainly obvious that Americans cannot trust mexican law. You don't respect property rights of foreigners.

American law has nothing to do with this.

[Alonso_Castillo]

Originally Posted by le roi

Now, mexican butthurt might generate a lot of heat, but it doesn't qualify as a public utility.

It does, as I said, the Law of Expropiation explain how, when, what, of the constitutional article. We call them secundary or Reglamentary laws.

[Alonso_Castillo]

Originally Posted by le roi

It is plainly obvious that Americans cannot trust mexican law.

American law has nothing to do with this.

You can trust Mexican Law. BUT you MUST know it. don't think you know everything by knowing the Constitution.

[G1..]

Originally Posted by 18Montclair

All his anti-Mexican rhetoric has led to this...lol



Mexico Proposes Legislation To Counter Border Wall Expansion | Fronteras Desk

Good I hope they do it.

[le roi]

Originally Posted by Alonso_Castillo

It does, as I said

So if mexican butthurt is a public utility, as you claim, it is safe to say mexican law cannot be taken seriously.