Today's Opinions

  • Business accelerators invited to compete for SBA funds

    For the second year in a row, the Small Business Administration is sponsoring a competition to award $50,000 each to 50 business accelerators, incubators, shared tinker spaces and co-working startup communities.
    This time around, Javier Saade, associate administrator for the SBA’s Office of Investment and Innovation, hopes to see more applicants from New Mexico. Only one accelerator in the state competed in 2014 — out of 830 applicants.
    Given that one objective of the program, according to the SBA, is to “fill geographic gaps in the accelerator and entrepreneurial ecosystem space,” New Mexico is just the kind of place the agency would like to spend money from its growth accelerator fund.
    “It is well known that the most successful accelerators to date were founded on the coasts,” according to the SBA. The National Venture Capital Association concurs, reporting that startups in San Francisco, San Jose, New York, Boston and Los Angeles have consistently received the lion’s share of venture capital funding over the past five years.
    The SBA awards are designed to stimulate more capital investment in parts of the country that lack conventional sources of capital and vibrant entrepreneurial networks.
    What they’re looking for

  • New exec could make ACI relevant

    The impending departure of the staff chief at the Association of Commerce and Industry offers opportunity to ACI and the state.
    New blood and new people are needed. The older baby boomers need to step aside.
    But for whom? That is the troubling question. After all, how are we going to create the enormous changes we need in our state without new ideas and probably very different ideas?
    If the task is going to fall to an organization, the Association of Commerce and Industry, by definition of its name if nothing else, is the statewide organization. The name is not linked to geography, a business segment or any people demographics.
    Any claims otherwise notwithstanding, the Greater Albuquerque Chamber of Commerce is only Albuquerque and not all of Albuquerque. The Albuquerque Hispano Chamber of Commerce has carved a role. NAIOP takes a broad view, but is an organization of commercial real estate developers.
    ACI offers a unique capability of creating a statewide dialogue about the New Mexico situation and dilemma.
    OK, how? A number of people close to ACI provided background for this column. None are executive committee members.
    ACI is “member driven,” it says.
    Not exactly. In professional organizations, the person with the hands on the wheel, the person really driving, is the staff director.

  • The inherent defectiveness of public school system

    The Feb. 15 Washington Post reported that an outgoing superintendent of public schools in Montgomery County, Maryland, Joshua P. Starr, is lamenting the short tenure of school superintendents.
    Starr took the job of school superintendent in 2011 and is now leaving because he failed to garner the support of the local school board.
    Unfortunately, all too many believers in public schools just don’t get it: it doesn’t matter whom they get to be superintendent and it doesn’t matter what reforms they adopt. The problem with public schooling is public schooling. It is an inherently defective system.
    That means it cannot be fixed and it cannot be reformed. In fact, oftentimes when a system is inherently defective, reforms only make the situation worse.
    Public schooling is inherently defective because it is a socialist system, which itself is an inherently defective paradigm. It always produces a shoddy product no matter who is in charge of the system and no matter what reforms are brought to the system.
    The only solution to socialism is to dismantle it, which means the free market, which is the only system that works. It produces the best possible product.

  • Council Corner: Highlights of the budget

    In my previous column, I gave a brief overview of the budget process. Today, I will focus on a few highlights in the Fiscal Year (FY) 16 budget proposal to be presented by staff.
    As I mentioned in the last column, this budget proposal should ideally reflect the initial council budget guidance discussed early in the budget process, as well as staff input regarding their operational needs.
    It’s no surprise to anyone living in Los Alamos that spending has been down at Los Alamos National Laboratory — our biggest employer — for several years. LANL drives most of our revenue, contributing directly and indirectly to 97 percent of the local economy.
    While we are working hard on new economic development initiatives, such as the new tourism attraction opportunity that will be created by the opening of the Manhattan Project National Historical Park, the reality of our present-day situation is that LANL-reduced spending impacts our local economy.
    Over the past five fiscal years, our gross receipts tax (GRT) collections have fallen by 29 percent, with the greatest impact to funds that rely on that revenue source — primarily the General Fund, the fund that runs most of the usual governmental functions.

  • Comics are frightening but children are reading

    “The Great Gatsby.” “To Kill a Mockingbird.” “Deliverance.” “Moby Dick.” “Lord of the Flies.”
    Every high school English class student knows these titles. The list of classic novels is long and each book conjures up images of intense classroom discussions on the need for conformance and the value of individuality, the responsibilities and dangers of social judgment, the merits of courage and the price of self-sacrifice.
    The characters in these novels put life itself on trial and allow us to levy verdict on what does and what does not define our world.
    Yes, very poetic.
    One might even think I’ve read those stories. Well, if seeing the movies counts, then sure, I’ve read them.
    Myself, I was a comic book reader. I marveled (no pun intended) at the heroics of my favorite red-white-and-blue patriot, Captain America.
    I played ‘detective’ (pun intended) while reading Batman’s investigation of some super-villain’s latest attempt to thwart justice.
    I found myself wondering if I put on a pair of glasses, would no one recognize me?  Seriously, Lois Lane had to be the dumbest person on the Planet (yeah, pun definitely intended).

  • What goes into a budget?

    On April 20, the county council will begin their dialogue and discussions about the proposed Fiscal Year (FY) 16 budget.
    My fellow councilor Susan O’ Leary is spearheading a discussion on additional ways to communicate with the public. With this theme in mind, I would like to use this first column to “set the stage” for these upcoming budget hearings by giving our citizens some background about the budget process and responsibilities.
    It takes several months to develop and adopt a budget. The process begins late winter. The council holds discussions in their regular sessions with the county manager to talk about strategic goals, short term and long-term financial policies, expected or emerging trends on a state or national level that may impact the county, along with forecasted revenues and expenses.
    The result of those discussions is adopted by council as a “budget guidance” document.
    Using that guideline, the county departments begin working on their new FY budgets. They concentrate on finding ways to meet the county’s goals, while providing operating funds and services for existing items.

  • He said, she said: Session’s best quotes

    One thing everyone agrees on is that this was a more difficult, more demanding session than usual.
    Still, there are insights, revelations and lighter moments. Here’s my third annual Quotes of the Session.
    Richard Anklam, executive director, New Mexico Tax Research Institute: “It’s important to remember the process itself is by design slow and tedious. The legislative process is the sand in the wheels of progress — and that’s not always a bad thing. For every good idea there are lots of not-so-good ones, and political expediency often yields the worst legislation. Even good policy requires extensive vetting to be well crafted and properly implemented. So, thank your elected officials for their hard work and a job well done.”
    Rep. Randal Crowder, R-Clovis: “Fifteen days from now I will leave this chair and go sit in another chair as city commissioner, and the fire chief will be sitting in front of me. In the older parts of Clovis, we have fire hydrants that wouldn’t put out enough water to make a pot of coffee.”
    Sen. George Muñoz, on the budget: “We’re going to turn on the sprinkler and things will get kind of green, but nothing will grow.”

  • Resetting retirement after divorce

    Retirement planning can face derailment after a divorce.
    Married, two-income couples have the advantage of splitting living expenses and pooling all their investment assets, including retirement accounts. Once the marriage is over, costs for separate households may limit the ability of ex-spouses to keep their retirement on track.
    After a divorce, individuals generally walk away with a share of joint retirement assets based on how they negotiate that split. However, returning to singlehood means the end of shared expenses with housing, food, transportation and related expenses now being paid out of one wallet, not two.
    This can mean considerably less money to direct toward retirement and other savings and investments.
    To assure a comfortable retirement, many experts advise individuals to save and invest over time so they can live annually on at least 70 percent of their pre-retirement income. Divorcing couples should retain separate qualified financial experts to assure an equitable split of assets and a continuing plan to build a solid retirement in single life.
    Here are a few steps to reset one’s retirement goals after divorce.