Paul Gessing's Archive

Mayor Marty’s Dubious Bailout

Sometimes I wonder if Albuquerque Mayor Martin Chavez is serious. Hopefully, Congress does not take him very seriously with regard to his latest scheme to expand government, this time at the expense of federal taxpayers rather than just local taxpayers. The key to this scheme is that he won’t have to build public support for [...]

Are Voters Dumb?

Over at the left wing FBIHOP blog, we at the Rio Grande Foundation are accused of believing that voters are “dumb” for voting, albeit narrowly, to raise the gross receipts tax to fund the Rail Runner. Of course, I never said that voters in New Mexico or elsewhere are dumb, rather, I simply argued in [...]

KOB Covers the Pork Report

If you caught KOB News last night, you saw a report on the release of our Piglet Book. Check out this article which includes some great footage of our pig frolicking in the Santa Fe plaza and handing out copies of our report. The report itself is available here.

Rio Grande Foundation releases 2008 Pork Report

In case you missed it on each of the major New Mexico news outlets, the Rio Grande Foundation released its 2008 Piglet Book along with the Washington, DC-based Citizens Against Government Waste. Detailed in the report is hundreds of millions of dollars of wasteful and unnecessary spending. Download the report here.
In case you did miss [...]

Infrastructure: the Next Bailout

Nick Gillespie over at the Reason blog points out that with the automakers’ bailout practically a done-deal, the states and cities are using infrastructure investment to get their own “bailout.”
Among the infrastructure items funding is hoped for:
* a proposed “O’Malley Road Reconstruction” in Anchorage, Alaska, that will cost $30 million but provide 300 (count [...]

Can we at least make the bailout transparent?

Advocates of limited government have been distressed to see one bailout after the other pass through Congress only to have little positive impact on our economy. While it looks likely that the automakers will get their bailout, taxpayer advocates led by the National Taxpayers Union are calling for federal policymakers including the Treasury Department and [...]

Ed Sandoval Misunderstands His Role in NM Economy

On Sunday there was an interesting article in the Albuquerque Journal explaining that legislators have found $173 million worth of unspent funds that could be re-allocated for other uses. While the opportunity to re-allocate unspent funds that would have otherwise been wasted on a $22.3 million equestrian center would seem like a good thing, Ed [...]

Economists Have Abandoned Principle

Having been out of state for much of this week, it has been tougher to follow the action locally, here in New Mexico, but I did see this great article from the Wall Street Journal from Wednesday. The authors’ essential argument is that while we expect Congress and corporations to behave badly, we have seen [...]

Congratulations and Good Luck Governor Richardson

Governor Richardson has officially been named by Barack Obama to head the Department of Commerce. While I’m sure he would have preferred the State Department (and the Commerce Department has no constitutional function and should be eliminated) this country faces too many economic problems not to give Richardson our best wishes for helping the Obama [...]

Eclipse’s Failure: One of Many State Investment Failures

Now that Eclipse Aviation has filed for Chapter 11 bankruptcy protection, New Mexico taxpayers have officially lost their $20 million investment in the company. As Rio Grande Foundation investigative journalist Jim Scarantino points out in his newest piece, New Mexico taxpayers face mounting losses and well-below-market returns through the State Investment Council.

Capitol Report New Mexico
New Mexico Watchdog


Support Prosperity!

• Syndicate

   RSS

• Recent Posts

  • Spaceport liability changes are a no-brainer, unfortunately trial lawyers have no brains
  • The unmitigated gall of Winston Brooks
  • Halftime in America: the parody
  • Eric Griego v. Government Transparency
  • Sen. Dems, is that the best you’ve got?

• Recent Comments

  • Charles on Spaceport liability changes are a no-brainer, unfortunately trial lawyers have no brains
  • Paul Gessing on Eric Griego v. Government Transparency
  • Thomas Molitor on Eric Griego v. Government Transparency
  • Jeanette Baust on Eric Griego v. Government Transparency
  • Richard on Halftime in America: the parody

• Categories

  • Uncategorized

• Archives

  Select Month February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010 December 2009 November 2009 October 2009 September 2009 August 2009 July 2009 June 2009 May 2009 April 2009 March 2009 February 2009 January 2009 December 2008 November 2008 October 2008 September 2008 August 2008 July 2008 June 2008 May 2008 April 2008 March 2008 February 2008 January 2008 December 2007 November 2007 October 2007 September 2007 August 2007 July 2007 June 2007 May 2007 April 2007 March 2007 February 2007 January 2007 December 2006 November 2006 October 2006 September 2006 August 2006 July 2006 June 2006 May 2006 April 2006 March 2006 February 2006 January 2006 December 2005 November 2005 October 2005 September 2005 August 2005 July 2005 June 2005 May 2005 April 2005 March 2005 February 2005 January 2005 December 2004 November 2004 October 2004 July 2004 June 2004 April 2004 March 2004

• Share Errors of Enchantment

  Share

• Actions

  • Log in