New Mexico has no shortage of opportunities for reckless public finance. Our history is riddled with huge boondoggley infrastructure projects and sour investments. But even by those standards, TIDDs are a big one.
Despite the efforts of Sen. Eric Griego, who argued passionately against the TIDDs to help expand urban sprawl in Albuquerque, the bill passed. SunCal has been throwing money around to all sorts of Representatives and Senators in Santa Fe. And, despite the dire economic situation we find ourselves in, too many Senators decided to give the money to this corporation.
To no avail.
Money sure does funny things to people. Even funnier is what the mere promise of money will do to people. The NM Senate doesn't get the joke.