Tuesday, June 7, 2016


Paul Gessing has one of the sharpest eyes in the state for spotting wasteful, inept, and counterproductive spending policies in New Mexico.  Even if you aren't a Libertarian (I am not) it is usually hard to argue with his outrage at some of the things our lawmakers are spending your money on.  The first link below takes you to a fascinating recent discussion of some of these.  The second one, from Good Jobs First, is a subsidy-tracker that tells you, for example, that Intel has received over $2.5 Billion (yes, the Big B) of your money in subsidies, which is ten times (yes, ten) more than California taxpayers have spent subsidizing this California-based company.  If you click on Intel there are further links to how much they spend on lobby efforts.  You might also be interested to know that Comcast, the cable monopoly, has received over $5 million of your money to make movies in New Mexico.  Comcast is expected to be allowed to take over Time-Warner, greatly increasing its monopoly power, which is nicely explained here.

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