Bad time for movie center, senator says

From KRQE.com - Gov. Bill Richardson's Hollywood connections run deep. In June, he presided over the marriage of actors Harrison Ford and Calista Flockhart at the governor's mansion in Santa Fe, and he has been rumored to be a front-runner to take over the Motion Picture Association of America after he leaves office Dec. 31. And last year, with actor Robert Redford by his side, Richardson announced a partnership between the state of New Mexico and Redford's Sundance Institute to train Hispanics and Native Americans for jobs in the film industry. The partnership is set to be headquartered at a historic ranch the state purchased in 2008 for $2.5 million north of Española. Now, the governor is spending $1.75 million of federal stimulus funds to renovate the property, known as Los Luceros, for the Sundance project. The renovations will include a new 2,000-square-foot meeting room, an expanded catering kitchen, a communal bath house and new sleeping quarters. State records tout the project as a way of "building and strengthening the film industry in New Mexico" and "stimulating the economy through the arts." But state Sen. John Arthur Smith, D-Deming, isn't sure now is the time to spend scarce funds on such a project. "We certainly appreciate the film industry here, but the bottom line is how much can we afford to subsidize it?" he said. "We are now giving a tax credit of $79 million to the film industry. "In addition, they get interest-free loans. In addition to that, they're getting assistance on a studio right here in Santa Fe, N. M. So the question is: Where does it end?" Read more
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Wilderness Big Green Payoff

From the washingtonexaminer.com Before the 2010 mid-term elections, three affiliated Big Green groups considered their post-election strategy. The Pew-supported Campaign for America's Wilderness and its paid public communications contractors -- The Wilderness Society and the New Mexico Wilderness Alliance -- realized things did not look good for their Democrat allies. By Election Day, they had prepared to make the most of the debacle's fallout. On November 10, after weeks of busy orchestration, William H. Meadows -- president of the Wilderness Society and chairman of Pew's Campaign for America's Wilderness -- led a carefully selected coalition of 172 environmental groups from 41 states in writing a letter to the U.S. House and Senate leadership asking Congress to use its Lame Duck session to pass an omnibus land law. One of the groups signing the letter was the New Mexico Wilderness Alliance. Two days later, New Mexico Democrat Senator Jeff Bingaman, chairman of the Senate Energy and Natural Resources Committee, confirmed that he was bundling more than 60 of his committee's bills to create new national parks, monuments, wilderness areas and wildlife sanctuaries into an omnibus measure for Senate passage before the 111th Congress adjourns. More here
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Cuckoo in Cancun: Global Warming Causes Obesity

From investors.com Environmentalism: Still think those who continue to push the idea of man-made climate change are well-grounded and rational? Think again. Consider Christiana Figueres, executive secretary of the United Nations Framework Convention on Climate Change. She opened the U.N's global warming conference last week with a prayer to Ixchel, the Mayan goddess of the moon. This mythological supreme being of fertility is supposed to be good for sending rain for crops. Maybe that's the sort of blessing Figueres had in mind when, from Cancun's — no joke — Moon Palace, she called Ixchel "the goddess of reason, creativity and weaving" and hoped delegates would be inspired by her. More here
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UN:Illegal Immigration is Caused by Global Warming?

From nationaljournal.com Just when you think you've heard everything, we're told that impoverished Mexicans are fleeing north to escape global warming. Despite the Mexican Revolution (1910-1920), vast natural resources and bright, hard-working people, the host country for the Cancun climate summit remains impoverished. Wealth and power are still concentrated in relatively few powerful Mexican families. Employment and economic opportunities are few. The government is plagued with corruption. The state-owned oil company Pemex cannot keep even its best fields operating efficiently. Remittances from the US remain a major part of Mexico's economy. Impoverished millions are deprived of access to energy and forced to eke out a bare living through backbreaking subsistence farming. More here
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Allentown

Bill Gross
From PIMCO Investment Outlook - The global economy is suffering from a lack of aggregate demand. With insufficient demand, nations compete furiously for their share of the diminishing growth pie. In the U.S. and Euroland, many policies only temporarily bolster consumption while failing to address the fundamental problem of developed economies: Job growth is moving inexorably to developing economies because they are more competitive.
Unless developed economies learn to compete the old-fashioned way – by making more goods and making them better – the smart money will continue to move offshore to Asia, Brazil and their developing economy counterparts, both in asset and in currency space. Well we’re living here in Allentown - And they’re closing all the factories down - Out in Bethlehem they’re killing time - Filling out forms - Standing in line - And we’re living here in Allentown – Billy Joel, 1982 Read full commentary here:


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La Cueva High School Put on Probation

According to a story in the Albuquerque Journal the Albuquerque Public Schools has placed La Cueva High School's athletic department on probation and banned Head Football Coach Fred Romero from coaching. According to the journal report, APS is "prohibiting Fred Romero and assistant Mike Tixier from coaching anywhere in the district for the foreseeable future after Romero, Tixier and one other coaching staff member allegedly failed to stop players from drinking alcohol on a bus ride home from Las Cruces on Nov. 26." The journal also says that APS put La Cueva's athletic department on probation through 2012. Apparently APS Superintendent Winston Brooks trumped a recommendation from the district's disciplinary committee and applied his own versions of discipline for the men. La Cueva lost its state semifinal game against eventual state champion Las Cruces-Mayfield on Thanksgiving weekend 21-17.


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Juarez Extortionsists and Killers Target: Kindergarten

From the El Paso Times - Extortionists are suspected of setting fire to a Juárez kindergarten Monday as the wave of violence continued. The school in colonia San Antonio was supposedly torched because school staff refused demands for payment made by extortionists recently. There were no reported injuries. Classes were canceled indefinitely. As the drug cartel war has raged, extortionists have demanded schools, businesses, medical professionals and others pay for protection. Teachers have also been threatened to hand over their aguinaldo or annual Christmas bonus. There were five murders by Monday evening, including the street ambush of Erika Elizabeth Silva Rivera, 31, a state police investigator. Silva had been assigned to a unit investigating sex crimes. Officials reported 25 homicides Friday through Sunday, including a pair of deadly attacks on drug rehabilitation centers. Four people were killed, seven people wounded and nearly 500 rounds were fired in separate attacks on a pair of drug rehab centers on Sunday night, Chihuahua authorities said Monday. Read full story here:
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Hassett: U.K. Takes Medicine, Greece Doesn't

Kevin Hassett
From Bloomberg - The best medicine can taste awful. The governments of the U.K., Ireland and Greece have embarked upon ambitious, sometimes painful efforts to restore their economies to sustainable growth paths. Of the three, the U.K. and Ireland took their medicine, following the lessons of past efforts to pull national economies away from spiraling debt. Greece decided the taste was just too awful, and its irresponsibility threatens every euro-zone country. 
Greek Parthenon
The history of the modern welfare state is replete with examples of fiscal calamities. In good times, politicians expand government spending as far as soaring revenues will let them. In bad times, when the bubble bursts, countries find themselves in a ditch. Numerous fixes have been tried over the years, and economists have created a cottage industry studying them. What has emerged is a consensus about what works, a consensus that is about as strong as any in the macroeconomics literature. Read full column here:
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Governance by the Minority

Jim Harbison
Have you ever considered how our local government works? Are you one of those who still believes that the majority rules and that the City Council represents the wishes and needs of the majority of the citizens? It might come as a surprise to you but this is not happening. We are, in fact, governed by a City Council controlled by a very small minority of non-elected individuals. The policies and regulations within the City of Las Cruces that impact you every day are created by special interest groups and a small vocal minority. I offer the following examples.
Red light cameras were installed at several major intersections in the city. Did the majority of Las Crucens demand that they be installed or was it the Council who wanted the revenue? There was no overwhelming citizen petition or initiative in support of them. However, Redflex who provides the cameras was excited about installing them because they receive 50% of all revenue from them. The actual number of people who contacted the Mayor and City Council to request these be installed was probably less than 500. Five hundred people out of a population of nearly 100,000 are less than half of one percent. That means 99.5% of the population had no opinion, were not consulted, or were considered unimportant by the City Council.
The Cell phone ban was enacted because the Mayor read somewhere that texting was 20 times more dangerous than driving under the influence of alcohol. Did Las Cruces have a problem with cellphone use that required this ban be enacted? No, it was the personal passion of the Mayor. Again, there was some public input but I would contend that there were probably less than 500 individuals who actually contacted our City Council to enact such legislation. Here we are again with one-half of one per cent of our population making the rules that impact the other 99.5% of the residents.
Beginning in January we will have forced recycling. Recycling has been proposed before and met with significant opposition from the community. With input from some environmentally concerned citizens the City Council imposed mandatory recycling upon all of us. How many people actually contacted the City government to demand this? It would be doubtful that as many as 3,000 people contacted the Council and demanded this be imposed. Even if this were true, it equates to 97% of the citizenry not expressing an opinion for or against recycling or demanding this action.
Those who own recreational vehicles will be faced with new restrictions on where they can park their RV, how long it can remain on a City street, how long someone can occupy it, etc. From the discussions at the Council meeting it is apparent that none of the Council members has ever owned an RV or understands anything about them. The bottom line is that again less than 100 people or one-tenth of one percent of the population are driving the policies of the City.
The minority is setting the rules. We, who represent the majority, must take the initiative to regain control over our elected officials at all levels and reinforce the principle that the elected officials work for us. They need to respect the values and beliefs of those of the larger group that elected them. Perhaps we should demand polices or legislation that require clear support of the majority of the citizens for any particular initiative, resolution, restriction, or law rather than on the whims of the members of the City Council or the demands of the special interest groups that control them.


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Bernanke's 21 Month U-Turn

Caroline Baum
From Bloomberg - by Caroline Baum He probably wishes he hadn’t said it, the part about the Federal Reserve not printing money and his 100 percent confidence in his ability to raise interest rates at the appropriate time to prevent an acceleration of inflation. But he did. The Fed does (print money). And nothing is 100 percent certain in this world, except death and taxes. So what on earth was Ben Bernanke thinking when he talked to Scott Pelley on CBS’s “60 Minutes” Sunday night? It was a different Bernanke than the one who sat down for an interview with the same correspondent on the same TV news magazine on March 15, 2009. That Bernanke was humble. Viewers responded positively to him.
Here was arguably the most powerful man in the world who hadn’t forgotten his small-town roots. A creature of neither Wall Street nor Washington, Bernanke inherited a financial system on the verge of collapse and, as he put it, he was forced to bail out Wall Street to save Main Street. Sunday’s Bernanke was different, defensive. He was responding to his critics, both domestic and foreign, who are opposed to the second round of quantitative easing as either unnecessary, a case of overreach or dollar-debasing and therefore inflationary. Read full column here:

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