Gary North at teapartyeconomist.com reported this week that the government of New Mexico plans to build an experimental city. Nobody seems to know why, or what it will be, but it’s going to be really something. And, it’s going to be located outside the city of Hobbs. Have you ever been to Hobbs, New Mexico? It’s located in the southeastern section of the state. There are some nice people that live there, although I don’t understand why they live there. There is absolutely no reason I can think of for me to go there again. Been there and done that.
Pegasus Global Holdings has proposed to locate a privately financed, owned and operated Center for Innovation, Testing & Evaluation in New Mexico. Pegasus has the support of Governor Susana Martinez and has entered into a Memorandum of Understanding with the state’s Department of Economic Development.
The city of the future reportedly will focus on green energy, transportation systems, homeland security and next generation wireless infrastructure.
Do you read between the lines and see loads of tax payer money ending up here, or is it just old cynical me?
No one knows who, if anybody, will live in the city, but the project is supposed to create 350 jobs and an additional 3,500 construction jobs. I always have wondered how many people it would take to build a city. Now, I know.
You may want to check it out if you would like to live in a futuristic city in a climate and terrain much like the moon.
If they move the location to the moon, I may sign up for a condo.
PMO
©2011
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