Thursday, September 22, 2005Our National Black Eye; What will it Cost? Plus: Special Session Defended: "Not Gimmicky," But Is It Penny Ante? And: Smarty Marty Is Back"New Mexico's business climate is going to take a hit for this. The longer Treasurer Vigil refuses to step aside, the worse it will be," commented one business type. It's been historically difficult to lure major firms here because of the lack of faith in the education system and the workforce. Add tales of million dollar kickbacks and no amount of ad agency spin can compete. "The drumbeat of unethical conduct by public officials in New Mexico continues nonstop. At the same time, you don't see much in the way of big companies locating here or expanding. Is there a connection? The governor campaigned on pulling off some major business coups. He is still working for them. This is not going to help bring in that business or give him a success to take on the campaign trail," said our biz analyst. IT'S ROBERT'S RULES Of course, when everyone expects something to happen, look out. "Maybe Robert sees holding his position as potential power in a plea bargain," mused another insider following the action. Whatever the case, the national black eye is getting larger by the hour as Wall Street and Main Street wonder just how our little territory conducts its most vital affairs. A SPECIAL DEBATE Commissioner Marks "The session is not "gimmicky and irrelevant" for low income families who are fretting about how they will pay their heating bill this winter. Many are on "budget billing" (which averages the projected bills for the coming year to get a fixed monthly amount), so this winter's expected 40%-50% cost increase has already started to hit them. Seniors living off of a monthly Social Security check and other people of limited means can't wait until February for relief, plus they aren't in a position to benefit from a general tax cut" argued Marks. If not gimmicky, the critics newest angle is that it's 'penny ante.' These rebates the Governor is talking about will be just fifty or a hundred bucks for most of us. What's that? A tank full of gas? The state surplus is historic because of high energy prices, but his package is just $100 million. Why not give real relief across-the-board?" one lawmaker told us. Others say natural gas prices have gone up even more since the first surplus estimates and that unless increased spending is already being projected when it's estimated again, the surplus could easily double from the current $300 million. New Mexico's citizens may be some of the poorest in the nation, but it's government is anything but. 'SMARTY MARTY' IS BACK And so it goes. (c)NM POLITICS WITH JOE MONAHAN 2005 Not for reproduction without permission of the author |
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