Political Pandering on Gasoline Prices

The lack of basic economic knowledge in this country is unbelievable. Politicians who should know better (they have easy access to top notch economists) are showing no principle at all as they purport to do something about high gasoline prices. New Mexico is right in there with the worst of them. Here is a great [...]

This ACORN Needs To Be Squashed

Check out Paul’s great article about the socialist interlopers from ACORN in today’s ABQ Journal (SR). Some excerpts:
But bowing to ACORN’s demands without so much as a fight is exactly what this radical outfit wants and, like an unruly child who throws a tantrum until his parents give in, ACORN will view this “compromise” as [...]

How Govt Reduces Prosperity

Here is a picture of the relative size of state and local governments relative to the private sector in our region. It is the ratio of the state and local government component of gross state product to the private component. Note how the prosperity driving force of markets is crowded out by big government in [...]

Human Events Panel Chooses “10 Worst Government Programs”

Recently, I had the privilege of serving on a panel convened by Human Events Magazine that was assigned with the task of naming the 10 worst government programs. Other panelists included such luminaries as Larry Kudlow of Kudlow and Cramer fame, Walter Williams, one of the best-known economists in the country, and former House Majority [...]

Lost Liberty Hotel Has Lost — Update on Eminent Domain from John Fund

The Wall Street Journal’s John Fund (sr)gives us this update today:
Justice Won’t Be a Regular at Motel 6
Supreme Court Justice David Souter’s home has been saved from possible
condemnation by his neighbors in Weare, N.H. Some locals and a few
well-heeled outsiders were furious that he formed part of the 5-4
majority in last year’s infamous Kelo decision. [...]

Fighting Back in New Hampshire re Eminent Domain

Paul seems to be pretty much a lone voice in the media in New Mexico so far. Here is an interesting update from New Hampshire:
America, Where What’s Yours Is Ours (IJ)
03/15/2006
Day, The
Marc Guttman
Weare, N.H., citizens voted yesterday on two candidates for Board of Selectmen who ran on the platform of seizing Supreme Court Justice David [...]

Richardson’s Veto of Eminent Domain Bill

Check out Paul’s column in todays Albuquerque Journal (sr). Excerpt:
In June 2005, the Supreme Court’s decision in Kelo v. New London made eminent domain abuse constitutional by interpreting the Fifth Amendment to mean that any eminent domain taking, even for the express benefit of another private entity was legal as long as the condemning authority [...]

Another Setback for Property Rights in New Mexico

Richardson has vetoed eminent domain restrictions in New Mexico. Read Paul’s commentary here. Nicely done, Paul.

Tax Foundation’s State Business Tax Climate Index

New Mexico ranks 28th friendliest among the 50 states in the Tax Foundations new index.
The good news is NM ranks #1 (friendliest) for individual and business wealth (meaning property) taxes.
The bad news is that NM ranks #48 for its gross receipts tax. It looks to me like the weight given to the gross receipts tax [...]

Big Government Conservatives

Bruce Bartlett explains why Bush is a big government conservative. The Bush administration is not one that “believes in the historical conservative philosophy of small government, federalism, free trade and the Constitution as originally understood by the Founding Fathers.” Bartlett provides lots of examples.
For more check out this interview with the Wall Street Journal’s Paul [...]

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