Richardson the King of NM Crony Capitalism

Author Harvey Yates Jr. sent News New Mexico a copy of Governor Richardson and Crony Capitalism; Contorting New Mexico’s Oil and Gas Exploration Industry before he appeared on the show this morning. Requests for where to get a copy of the book came in after his appearance on News New Mexico this morning (see below). The book is a well researched, extensively documented expose of the incredible price New Mexicans paid to have Bill Richardson in charge of the state for two terms. Specifically, in his book Yates documents the incredible financial damage to public education, the state budget, state employees, taxpayers, and the reputation for free enterprise here due to rules and regulations designed to prop up some businesses while destroying others.
The Yates book is also instructive within the bigger scheme of public policy nightmares. As Yates describes the processes that unfolded in New Mexico the reader will gains a faster recognition of exactly how entrepreneurial capitalists who create real jobs can actually be methodically replaced by what Yates call nursery occupants.
Everything Yates describes in his book explains how Richardson took actions to the detriment of employment rates and living standards in New Mexico. These same insidious processes are a threat all over America.
The book is available at Intermedia Publishing Group. The website is intermedia.com. Governor Richardson and Crony Capitalism is a quick and fascinating read. The work is complete with illustrations, graphs, footnotes, and pie charts. Yates does a fantastic job of helping the reader grasp the magnitude of the damage done by crony capitalism in the state of New Mexico.
For anyone wanting an in depth understanding of how Bill Richardson’s ambitious political machine set the state back many decades and also who are some of the major exploiters of the Richardson’s system were, the Yates book is a must read.

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