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Category: Money

NM #1: For Gold Digging

Posted by on November 6, 2011 | Comments Off

In yet another blow to the sanctity of the ways of “Old Hollywood”, New Mexico steals the show in nabbing the number one spot for…Millionaires.

Per The Associated Press:

A northern New Mexico city is No. 1 one among the places “Where Millionaires Live in America.”

The November edition of Kiplinger ranks Los Alamos the top millionaire town based on a recent report by Phoenix Marketing International, a company that follows wealthy residents.

According to the report’s findings, there are 885 millionaire households among Los Alamos’ 18,000 or so residents. That gives the city an 11.7 percent concentration of millionaires.

Los Alamos beat out Naples, Fla., and Bridgeport, Conn., which were ranked two and three respectively.

The report says nearly 130 Los Alamos households had at least $5 million in investable assets.

Los Alamos is home to a government nuclear weapons laboratory and a number of chemists, engineers and physicists. It’s about 35 miles northwest of Santa Fe.

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$2.5M NM Contract AVAILABLE

Posted by on August 18, 2011 | 5 comments
EconomyMoneyNMTourismYou

My friends {sarcasm} at The New Mexico Department of Tourism say nay to the re-upping of contracts with advertising co. M&C Saatchi of Los Angeles and PR firm Development Counsellors International of New York to rep. NM.

State Tourism Secretary Monique Jacobson has announced that a NATIONAL search will get underway next week for the state’s approx. $2.5M annual contract to sell NM to the world!

“The ad contract will be for about $2.5 million a year, and the public relations contract will be for about $120,000, both of which are roughly in line with what the department pays now for the services…Because of our limited budget, ideas matter most. We are looking for folks who really get the essence of what we believe is New Mexico.” – Jacobson to the AP

Of course we have to ask – Who knows New Mexico like New Mexico? The request for proposals (RFPs) for these two hot tickets is expect
to go out next week with the full campaign slated for debut early next year!

We will update you here with where and how to apply – if you’re New Mexico and you want to toss your 2 cents into this multi-million dollar decision CONTACT the department and ask them to keep this J-O-B local!

Previous campaigns have left NM languishing at the #38 spot in the country as a tourist destination – we can do better. Just say Middle Mexico, USA no more.

Business Week

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Escándalo: Fiscal Fallout/Fifth & Final

Posted by on August 15, 2011 | One comment

Fiscal fallout at AMC has led to the fifth & final season pick-up of the Emmy winning New Mexico production Breaking Bad.

ICYDK: Meth making doesn’t exactly lend itself to mass market promotional product schemes the way a pricey presentation of the history of America’s oldest addiction (money grubbing), fueled by our other most long standing and ongoing addictions (the smoke, the drink and the sex) does.

The high price tag on particular productions seems to be taking a big, ugly bite out of projects left and right lately (corporate film making – it’s the new NFL LOCKOUT).

Becoming even more mainstream is the practice of industry professionals feeling and sounding-off about the pinch.

Kurt Sutter (Sons of Anarchy) on August 11th from his now defunct twitter account:

Well…not exactly no one would say it as we too piped-up on the blood letting here back on August 5th. Guess he’s not a fan…{sigh}

So alas NM is dealt a blow reaching the end of the road with finale seasons of both USA Network’s In Plain Sight and our intensely beloved Breaking Bad, which will conclude its acclaimed run with just 16 more episodes to shoot – shoring-up syndication rights of the series sure to garner even more bank for AMC.

WWCCS: What would Coco say?

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NM Film Outbound Industry Risks

Posted by on January 31, 2011 | 4 comments
FilmGovernmentJobsMoneyNMYou

Transparency, yes. Drop-kick, no. If the url isn’t down, as it habitually is, contact NM Governor Martinez here to say, “KEEP & COMPETE NM FILM @ 25%”

Is in the midst of an ongoing national economic downturn the time to blindly stab away at an industry that New Mexico has gained proven global leadership in?

While “think tanks” and “industry insiders” alike name New Mexico time and again as one of the few states in the nation with a stronghold on securing Film as a viable and sustainable industry into the post fiscal crisis, the State Legislature is weighing the sweeping proposal by our new Governess to cut NM Film Production Tax Credits to one of the lowest rates in the country – equal to that of our neighbor Texas.

NY, GA, LA, and MI already offer equal or more in incentives than New Mexico and would likely gain much needed ground in carving out their own stake in the industry if we’re willing to let our leadership hold lapse at this critical point in the nation’s economy.

Governor Martinez
claims that the cut would save NM $25 million in the next fiscal year. Premature at best to be asserting such a bold bottom line statement, being that it is commonly acknowledged by proponents and opponents alike that there is no cognitive data of what actual impact the industry has on the state – therefore aren’t we asking to cut the legs off the pony before asking him to do another trick?

Last week the Roundhouse saw an outpouring of impassioned presence and testimony when HB-19 was presented to kill incentives altogether, effectively ending careers and businesses that already feel the instant pinch when they get the “rescind order” calls the state’s experiencing in even just this time of flux.

The Bill, brought for the third year running by Roswell Rep. Dennis Kintigh (R), was tabled 5-4 in a cross party vote by the House Committee hearing the matter.

In addition to the threat to slash put forth by Governor Martinez, two Senate Bills are still in play during this 2011 New Mexico Legislature set to affect the state’s film program:

SB 44, Film Production Tax Credit Tracking & Review brought by Timothy M. Keller (D).

and

SB 169 Film Production Tax Credit Cap, which would cap the film incentives at $2 million per project brought by Senator John Arthur Smith (D).

Both are set to be heard by the Senate Corporations & Transportation Committee.

These (below) are YOUR Senate Corporations & Transportation Committee members. Please use your voice and contact them to state your position on NM Film futures.

Read The Sunday Journal’s Impact Studies full article here.

Keep tabs on HB-19 here and ring-up the committee governing over its DNR status here if you see any rumblings of it coming off the table. - Thanks Cornelius

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Nash Bridges Had Profits?

Posted by on July 8, 2010 | Comments Off

In another fine example of why you keep working toward the work, do the work and have a good contract – today a supremo, syndicated superstar award goes to everyone’s favorite pastel suit wearing, huarache sporting, frosted tip donning, Don ‘huevos’ Johnson for winning his (law) suit against the co-creator of Nash Bridges and Rysher Entertainment which produced the show during its run from 1996-2001.

Don was awarded $23.2 million, being deemed entitled to half the show’s profits from royalties and global airings. YOWZA!

I bow-down to you “Sonny Crockett”!

more

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Taxman Taketh, Taxman Giveth

Posted by on July 1, 2010 | Comments Off

Cancer sticks and fake-bakes will cost you more as of today. Ciggys go up $.75 per pack (zipping Nuevo México from 31st to 18th on the national cigarette tax average) and you will get taxed 10% more to jerkyfy yourself on your favorite tanning bed.

The gross receipts tax (most goods and services sans Rx and staple foods) will go up one-eighth cent, from 5 percent to 5.125 percent.

On the upside you have 90 days and counting to take advantage of The New Mexico Taxation and Revenue Department’s gracious Tax Amnesty Program which allows past-due state tax debtors to pay their tab sans penalties and fees.

HAPPY EARLY-INDEPENDENCE DAY! GOD bless America!

Lesson Learned: Taxes are the new quit patch and SPF.

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Smart Girls Go Wild: The Jersey Antidote

Posted by on June 16, 2010 | Comments Off

From the jersey shore to SNC on the storied dunes of Abu Dhabi girls and the women who act like them have ample samples of how to act a fool.

Well, here are three outlets for boys and girls alike where substance rather than infamy through idiocy is priority:

Brought to you by none other than former Supreme Court Justice Sandra Day O’Connor, iCivics.org teaches A. No. 1 the definition of CIVICS. The web based education project is “designed to teach students civics and inspire them to be active participants in our democracy.”

Like the extinction of arts and physical education, there is overwhelmingly no financial planning taught in primary school – thus we are all primed and ready to fall into debt and economic despair fresh out of the uncultured, unhealthy gates. BizKid$.com aims to teach while lending a clue to both youth and adults about how and why to take care of personal economics.

The smart hilariousness of Amy Poehler sweeps the web in her series Smart Girls at the Party where they, “celebrate extraordinary individuals who are changing the world by being themselves.” The humor fueled web series gets eye to eye with young women using their voice to encourage and inspire each other to be confident in being a smart girl!

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Gobs o’Jobs

Posted by on June 2, 2010 | Comments Off
JobsMoneyNMPost RápidoYou

New energy plant in Hobbs, NM – “Attorney General Gary King today helps kick-off inaugural ceremonies for the new uranium enrichment facility in southeast New Mexico which has already brought hundreds of new jobs to Lea County.

‘As a longtime supporter of the Louisiana Energy Services facility near Eunice, it is very gratifying to see the project paying off for New Mexico,’ says AG King. ‘Besides providing much needed new jobs, the plant is helping to diversify the area’s energy technologies for future national energy production.’

500 to 700 facility construction jobs are expected to continue through 2015, adding to nearly 300 permanent jobs already created in Lea County by L.E.S.

The Eunice facility is the first centrifuge uranium enrichment plant located in the United States. It is anticipated that at full capacity the facility can produce sufficient enriched uranium for nuclear fuel to provide approximately 10% of America’s electricity needs.” – Office of NM Attorney General, Gary King

And in Roswell, NM, “Company Plans to Grow Workforce to as many as 200[.]

Governor Bill Richardson announce[d] that AerSale, Inc. has acquired Great Southwest Aviation including its 15 employees, and plans to add 100 to 200 mechanics, inspectors and support staff as it grows its aircraft leasing business. AerSale, a Florida based company, has also acquired approximately 200,000 square feet of aircraft hangar and warehouse space at the Roswell International Air Center, and plans to acquire over $1 billion of aircraft over the next 5 years.” – Office of New Mexico Governor Bill Richardson

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New Mexico Upfront

Posted by on May 18, 2010 | One comment
MoneyNMTV

Syndicated Superstars, Big Bang Theory

This week in NYC America’s TV broadcast networks’ make their upfront presentations to advertisers.

“Broadcast TV’s season finales aren’t the only nail-biters on the mind of Madison Avenue this week.

With the big networks — ABC, CBS, NBC and Fox — launching their fall-schedule pitches over the next few days as part of the annual ad sales bazaar known as the upfront, the scrambling that networks are doing to make casting, scheduling and programming decisions have advertisers equally on edge.” – New York Post

Included in the bunch of summer show line-ups are two, count ‘em two New Mexico productions.

ABC Scoundrels – Stars Virginia Madsen as the matriarch of a family of small-time criminals who decide to go straight when Dad is sent off to prison.

CBS The Odds – Stars Donald Faison and Jacob Vargas in the buddy cop show set in Las Vegas, where “the cops are as outrageous as the crimes they solve.”

On the heels of series Big Bang Theory blowing-up and making syndie history with the biggest syndication deal EVER we wish both our NM shows the best of luck!

“Cable giants TBS and Fox both snagged rights to repeats on their networks, and they didn’t come cheap. In fact, Variety is reporting that at $1.5 million an episode, the multi-camera sitcom “set a record price.” By the way, that blows away the record set by FX of $800,000 for the syndication rights to “Two and a Half Men.” – Yahoo! TV

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Q Studios Join Re-fi Club

Posted by on May 7, 2010 | 2 comments

Q Studios via Flickr

The feared foreclosure and sale of NM’s Own Albuquerque Studios has been canceled, so says PRNewswire.

Studio sources report that owners, Pacifica Mesa have come to terms with their creditors, Workers Realty Trust II LP to refinance their loan, management will retain existing leases and continue productions.

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Recession Succession by Matt Mac

Posted by on December 19, 2009 | One comment


Where it’s at!

The entertainment industry may bring us a lot of things and you may not think ‘work ethic’ is one of ‘em.

But who do you know that’s gettin’ paid for work they did over two years ago? Matt Mac laid this shoot down back in ’07, it’s just now landing stateside along with continued revenue for the hunky Texan.

So whether you’re nosing to a grindstone you don’t like, chasing what seems like an elusive dream…someday your version of endorsement, residual or royalty checks will roll in.

Matt Mac didn’t just swagger onto that Gabbana set and make this bank for his growing brood…he’s come a long way from Guy #2 in My Boyfriend’s Back circa 1993.

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Mornin’ Gov’na: ISONM

Posted by on November 12, 2009 | 3 comments

When I was but a girl whiling away the hours of the corporate segment of my life, amid all the multimillion dollar conglomerate BS that took my stock options from nearly $100 a share down to a steady and holding $19, the most effective advent in efficiency I saw implemented was the ISO AUDIT concept.

Among the now poverty stricken, unemployed geniuses like myself who wish to aid your administration in closing the state’s budget deficit, perhaps the first tapped should be the person who tripped over the APS bundle in excess of $16M.

This ISO concept partnered with the already booming film industry you’ve structured shows great promise for our overall economic, civic and status recovery. Heck, @Muggle505 has a great public fund raising idea.

Lastly, here are the two Bobs and Peter with their two cents on effective business management – so that’s already four cents more than you started out with on this day of your administration. – xo

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Film Transparencies

Posted by on September 12, 2009 | 10 comments

NM Film Industry

Yesterday, Commerce Secretary of Hearts a.k.a. The People’s Governor, Bill Richardson announced a new public reporting system for New Mexico film productions that qualify for the state’s generous Tax Incentive program.

Eric Witt, Governor Richardson’s Deputy Chief of Staff and Film Policy Advisor said, “As a government entity, we have a responsibility to provide to our legislature and taxpayers information which substantiates our belief in the film industry as a major economic driver, and which meaningfully relates to the citizens and businesses of the state the benefits received in return for offering production incentives…”

The full report and detailed information breakdown can be viewed here.

Bravo Signore, and now we have a few more suggestions for you and our next Governess. Green film transparency, e.g. where are they getting all their water for wet downs. We can’t water our patch of grass but once a week so what kind of water is being used to slick down a shoot day in and day out?

Premieres! Where are our red carpets??? Gamer opened yesterday and there are at least four other big name, big screeners hitting the theaters very soon. Amendment 101 to the tax credit bill – bring your press junkets, stars, fans, media and premiere soirees to the 505 = even more state revenue and more promotion and anticipation for the production.

Pappers – New York and especially L.A. grapple with papparazi control vs. supply & demand. We’ve long said some proactive measures are warranted and only become more important as the industry grows here – and grow it must!

Thanks “Mac”

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Happy Labor Day…

Posted by on September 7, 2009 | One comment

Happy Labor Day

This is how it’s done people…These ladies are working it!

Top left – Patricia Heaton has syndicated dough in perpetuity thanks to her long running stint on Everybody Loves Raymond, but that doesn’t keep a girl complacent. Heaton teamed with with fellow syndicated superstar Kelsey Grammer in ’07 with another stab at sit-com gold in Back to You, has since starred in a Hallmark Hall of Fame movie and will be seen this Fall in ABC’s new comedy The Middle.

Top right – Believes it ou non Tricia O’Kelley played Nicole Leahy in eight episodes of my beloved Gilmore Girls back in ’03-’04. She’s also worked on none other than Everybody Loves Raymond, Frasier, Two and a Half Men, Back to You and currently stars with über syndicated Seinfeld alum Julia Louis-Dreyfus in The New Adventures of Old Christine on CBS.

Bottom right – Holland Taylor is one heck’ uva MOTHER on Two and a Half Men, but long before she was utterly fabu alongside Tom Hanks and Peter Scolari in Bosom Buddies. In between she’s wowed us with performances in TV shows like Veronica’s Closet, ER, The Practice, Monk, The L Word and so many more. And appeared in such movies as One Fine Day, Legally Blonde, Filmore and Baby Mama.

Bottom left – Jane Lynch is just incredible and she’s been in EVERYTHING…see for yourself here.

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Where it All Went Wrong…Where it’s Going

Posted by on August 12, 2009 | Comments Off

Wrong

No, that isn’t me standing next to that Barbie Dream Mansion. I only wished I was a 9 yr. old white girl in 1983. But I did have that damn mansion ’cause I was spoi-eled… AND I had that sweet yellow corvette and bad Barbie R.V. It was AWESOME!

I used to have THE BEST Barbie-n-Ken outfits, my fave was the purple and red Business Barbie suit – it was so rad I can’t even express the JOY. My barbs ate like spoiled brats too. Magazine clippings of lobster tails, what ever looked decadent and hoity. Anything I’d seen on Hart to Hart, Dallas, Dynasty or Knots Landing.

And this my friends is where it all went wrong. How Hart to Hart made their riches? I don’t remember…What is up with the Dynasty peeps? No idea – they probably aren’t even in on the residual action for their DVD sales. It was a dumb, sloppy time. Oh, look at Falcon Crest…it was all wrong.

Now, Patrick Bateman would think me so gauche, but without a penny to my name – I’ve been better off than any of the times I was chasing the excess-of-the-eighties dream in my own Business Barbie suits. My BFFL always said this was the decade I’d come into my riches…and she was right. Excess is as OUT as shoulder pads.

P.S. I’m totally gonna bring back pairing purple and red. All discount or second hand – of course!

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Still Time to Enter Int’l Songwriting Competition

Posted by on August 12, 2009 | Comments Off

ISC 2009

Enter the Nashville based, international songwriting competition online here. You can simply send ‘em links to your online videos and tracks to enter. Deadline for all entries is Oct. 7 2009.

Check-in at www.songwritingcompetition.com for all the deets and join ISC on Myspace and Twitter to keep up with the latest on the competition, celeb judges & sponsors.

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Don’t Forget NM’s Tax Free Weekend

Posted by on August 4, 2009 | Comments Off
Buy LocalGovernmentMoneyNMYou

Shop NM

Starting at 12:01 a.m. on August 7 ending Sunday August 9 at midnight participating NM retailers offer tax free purchases on Back-to-School items such as:

  • All clothing and shoes under $100
  • School supplies under $15
  • Computers under $1,000
  • Computer equipment under $500

Full list/deets here

Thank you Commerce Secretary of Hearts

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Tourist Tchotchkes Suck

Posted by on August 1, 2009 | Comments Off

Photobucket

Instead of mass produced, made in China trinkets get authentic New Mexico fare.  Support local arts with original, handmade wares. Check-in with the community of online artisans, crafters & designers at etsy.com.

Find Fatally Feminine original charms and accessories, Eco friendly bags and stenciled hu.made T-Shirts, original fine art photography by Sara Norris and so much more. Like the handmade jewelry and unique multimedia art pieces and supplies at Virago Creations.

Virago Creations

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Pop. Poli. Weighing Your Barack-o-tunities

Posted by on July 22, 2009 | One comment

Barack Obama
AP/New York Daily News

In today’s edition of Popular Politics – Say what you will about proposed healthcare reform by the current administration. All I can speak to is my personal experience in which at least one Barack-o-tunity is working and what’s going on in an area where there’s none.

We took advantage of the American Recovery and Reinvestment Tax Act by installing energy efficient windows in our home. The local business that benefited from our purchase made no fewer than four follow-up calls to ensure our satisfaction with their products and services over the process of demo and installation.

On the other hand our relative has been in and out of hospitals, urgent care and emergency rooms for months now following a flawed emergency surgery. Said relative has had to demand test results, after being largely ignored or dismissed by multiple “care providers”, which revealed a physical malady that will require additional surgery to prevent another critical situation.

All the energy efficient windows are holding up well, our relative is awaiting the next available Operating Room appointment.

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Recession Succession by Oxford Word of the Year 2008

Posted by on July 18, 2009 | 2 comments

Hypermiling
Jeffrey Hill

Hypermiling is the art of fuel conservation practices in any type of vehicle. Hypermiler extraordinaire Wayne Gerdes takes the practice to extremes to prove its effectiveness, achieving record breaking MPGs in regular ol’ cars, such as a purported 59 mpg in a Honda Accord.

To combat the “pain at the pump” (overused phrase of the lustrum) during these “tough economic times” (overused phrase of the decade) anyone behind the wheel can practice these ~simple steps to increase fuel economy:

  1. Know Your Gas Milage
  2. Be a “Courteous Driver”
  3. Manage Red Lights
  4. Practice “Anti-Traffic” Methods
  5. Pace Yourself After Stops
  6. Utilize Accel on Your Cruise Control


Source

Thanks Paulo

More Recession Succession

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