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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Anthony Wile
The Daily Bell
The Daily Bell is pleased to present this exclusive interview with Hugo Salinas Price.
Introduction: Hugo Salinas Price is a successful, retired businessman who lives in Mexico. He has been a follower of the Austrian School of Economics since his youth. He has written three books in Spanish on how and why silver should be instituted as money in Mexico, in parallel with paper money, and numerous related articles in English and Spanish, posted at his website. His organization, the Mexican Civic Association Pro Silver, actively lobbyied the Mexican Congress to approve legislation to institute the pure silver “Libertad” ounce as money.
Daily Bell: Hello again. Any news you want to mention?
Hugo Salinas Price: The State of Guerrero, south of Mexico City on the coast (Acapulco is its most important city, but not the capital of the State) is in something of an uproar; it is Mexico’s most backward State, very mountainous and highways are rather few. Its people are known to be rambunctious and recently the Teachers’ Union in Guerrero is on the warpath. The woman head of the Mexican Teachers’ Union was recently jailed – supposedly for malfeasance of Union Funds but really for disloyalty to the PRI – and she got her job when the previous Union leader was sacked for the same reason, years ago. The Teachers’ Union has 1.4 million members, and it is suspected that Andres Manuel Lopez Obrador, who was a presidential candidate in the recent election (and the one before that), is behind the agitation. The cause of the agitation is the new legislation reforming public education, which will affect the teachers, who have benefits that include, for instance, the right to name their successors in their positions when they retire, regardless of qualifications. I suspect that the reform is aimed at breaking the entirely too great influence that this huge union has.
Continue Reading at TheDailyBell.com…
2013-04-21 10:30:47