Tuesday, May 15, 2012


Any member of congress who votes against any stronger regulation of the banking industry should be made to put all of their retirement funds into derivatives handled by JP Morgan bank.  And also any funds of any of their donors.  President Obama should not sit on the sidelines while this lack of movement on greed in America's banking system continues.  It is a ready made campaign issue and it is the right thing to do.

The saga of Sunland Park in southern New Mexico continues.  I suggested two months ago that the town's administration be taken over by the state Department of Finance and Administration.  They have now started moving in that direction.  It can't happen soon enough.  Perhaps someone could drop a load of valium into the city council's water pitchers just before the next council meeting where for the 4th time an attempt will be made to select a Mayor to replace the one elected a couple of months ago who now sits in prison on countless corruption charges.

I saw in the paper this morning that Albuquerque's bus ridership is up again to record levels.  In 1999 when I was Mayor and fighting for a transportation tax  to increase bus service the republicans on the council fought it tooth and nail.  We ended up with a successful vote of the public to raise the tax.  Now it is paying off.

1 comment:

Bubba Muntzer said...

Thank you for your efforts on behalf of public transportation. That's one of the most intelligent things we have, in my opinion. Our federal taxes help with that, incidentally. A large part of the ridership is people of low income, too.

Mass transit is the quickest and easiest way to reduce greenhouse gasses and dependence of foreign (and domestic) oil. It would be nice to see it expand even more. By the way, what happened to Mayor Marty's streetcar to nowhere? They were going to tear up Central Avenue and put a streetcar in.

They did that in Kenosha, WI, when I lived there. A streetcar that went a few blocks and circled around to where it started. If you were downtown you'd see it now and then, driving around empty. It provided jobs for the drivers, I guess. About three. It cost millions, of course.