Now, the legislature meets this next weekend for a horrendous job of dealing a plummeting revenue base. With the seniority system alive and well the chance for any repeal of tax cuts for the rich is about zero. The Governor has his work cut out for him. It will generally be a very unpleasant weekend.
And New Mexico's oil and gas industry, the industry that made immoral and obscene profits up until about a year ago, are weighing in saying this state's environmental regulations are killing their business. They are threatening to pull up stakes and jobs from New Mexico unless these regs are repealed. They seem to be sending a message of, "We want our way on degrading your water and landscapes and in return we will give you short term jobs" Doesn't sound like a good deal to me. Do not forget that the republican party is led here by oil and gas executive Harvey Yates of Yates Petroleum.
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