Jim Scarantino's Archive

Did Denish Use Fed Stimulus $$ for Work on Kerry Campaign?

A Denish worker paid with public funds was paid for what appears to be the Kerry train rally and visit to Albuquerque. There are questions about the invoices themselves, too. They appear to have been approved before the work was done. Read my latest report at New Mexico Watchdog.

Denish Used Federal Funds for Personal Driver, Christmas Cards

On New Mexico Watchdog. Read it all and related reports.

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Millions Hiding in Unencumbered Accounts

Instead of rushing to cut services or raise taxes to find millions to plug budget holes, the Legislature might root around musty accounts held by boards, commissions, agencies and school districts. A recent report by Kansas Watchdog found billions–billions–in unencumbered or carryover accounts held by nearly 2,000 government agencies. These are funds not [...]

Empty Cars on the Rail Runner

No wonder the Rail Runner is running huge operating deficits. Personal observations (and photographs) back up the numbers showing lots of red ink. Read “The Red Ink Express,” our recent report on the Rail Runner’s shortfalls.

New Mexico’s New Watchdog

The Rio Grande Foundation has launched an investigative news site: http://newmexico.watchdog.org/ We’re still building the site and will do a “hard launch” soon. This is an early notice to our friends who visit this site. New Mexico Watchdog is associated with other Watchdog investigative reporting sites launched so far in Texas, West Virginia, Kansas and [...]

Richardson Spends State Funds Unconstitutionally

Since 2003, Governor Bill Richardson has been usurping the constitional power of the Legislature to determine how funds are spent from the state treasury. Because the Legislature failed to act quickly enough, he asserted control over $61 million of unallocated federal funds received under the 2003 Jobs Growth Tax Relief Reconciliation Act. Without [...]

New Mexico Loses Tens of Millions of Dollars in Investment Placed by Richardson Ally Correra (Again)

New Mexico lost nearly $40 million of its $55 million investment in Antares Investment Partners, a Greenwich, CT real estate investment trust. But Marc Correra, a Richardson ally, came out a lot better. As a third-party placement agent for the deal, he participated in $600,000 in fees.
The Greenwich Time concluded its investigation of Antares this [...]

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