Record US Budget Deficit Likely to Affect Real Estate and Travel in Baja California

The Bush administration today announced a proposed budget that will set all records for deficit spending. This in turn has pushed the dollar further down in world markets and to it's lowest point against the peso years. This will make things even tougher for the tourist driven economies of Baja California and Baja California Sur.

Just a little perspective on how large a $489 billion dollar deficit is: A billion seconds ago was the US BuCentenial. 489 billion seconds ago – the human race was learning how to farm... 14,000 years ago!
Bush administration projects record 2009 deficit - Yahoo! News

Canadian and European Real Estate Investors find Baja Real Estate On Sale

With the dollar on the skids, the Canadian dollar is finding an attractive real estate market in Baja California. With a gentle climate and the Pacific Ocean on your doorstep Canadians are finding Mexico 'on sale' with the strengthening of their currency. Euopeans as well will find investment in Baja a virtual bargin, offering prices as much as 30% off, with the exchange rate and slower market pricing.
Number of Canadians Buying Real Estate in Mexico On The Rise

Baja California Governor Joins to Boost Tourism

The border states of Mexico have been adversely affected by the economy for tourist travel and the exajerated media reports of violence in the northern states. Tijuana, Ensenada and Rosarito Beach are usually teaming with tourists at this time of year and so far the season has been flat.
SignOnSanDiego.com > News > Mexico > Tijuana & The Border -- Northern border states join to fight tourism decline

Baja California Weather

09AM MDT 07/01/08 A beautiful warm day across the peninsula today, with the exception of a few clouds (yellow arrow) which will drift over central Baja today. Winds in the Sea are forecast to be light, under 10kts from the south to SW through the forecast period.
The Eastern Pacific has it's first hurricane of 2008, Boris surprised the forecasters and achieve hurricane status last night. Hurricane Category 1 status is expected to be short lived however, as Boris should begin to diminish later today as it moves over colder waters.
A new systems looks like it will spin up to be our next tropical cyclone (magenta arrow) This system may become a tropical depression later today. It is currently forecast to move in a NW direction, bringing it closer to Baja than previous storms this season.
Right behind that, is another tropical wave (orange arrow) that is also showing signs of development. There are four additional tropical waves moving across the southern Caribbean at the moment. None of them have much potential for development in the Atlantic basin, so it is likely that all will make it to our basin in the next 10 days.
It could be a busy next few weeks in the Eastern Pacific Basin. Storms in July have come close enough to the peninsula to deliver rain and a little 'weather'. But the waters surrounding Baja are still too cold to support cyclonic activity and the earliest a tropical cyclone has made landfall in baja in Aug 15th.