New Mexico official: Texans are ‘stealing’ water and selling it back for fracking

And THAT, friends and neighbors out there in radio land, is why New Mexico is one of the poorest (per capita income) states in the union and Texas is the wealthiest. — The basic difference? Free market capitalism vs. socialist collectivism (aka communism). — jtl, 419

Land & Livestock International, Inc.

The difference in ownership of land in the two states contributes to the divergent water policies. In Texas, more than 90 percent of the land is privately owned. In New Mexico, by contrast, only 43 percent is owned by individuals, while 57 percent is in government or tribal hands.

A Handbook for Ranch ManagersAnd THAT, friends and neighbors out there in radio land, is why New Mexico is one of the poorest (per capita income) states in the union and Texas is the wealthiest. — The basic difference? Free market capitalism vs. socialist collectivism (aka communism).
By Jay Root of The Texas Tribune via the Star Telegram

 

After you head northeast on Ranch Road 652 from tiny Orla, it’s easy to miss the precise moment you leave Texas and cross into New Mexico. The sign just says “Lea County Line,” and with 254 counties in Texas, you’d be forgiven for not knowing there…

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About Land & Livestock Interntional, Inc.

Land and Livestock International, Inc. is a leading agribusiness management firm providing a complete line of services to the range livestock industry. We believe that private property is the foundation of America. Private property and free markets go hand in hand—without property there is no freedom. We also believe that free markets, not government intervention, hold the key to natural resource conservation and environmental preservation. No government bureaucrat can (or will) understand and treat the land with as much respect as its owner. The bureaucrat simply does not have the same motives as does the owner of a capital interest in the property. Our specialty is the working livestock ranch simply because there are so many very good reasons for owning such a property. We provide educational, management and consulting services with a focus on ecologically and financially sustainable land management that will enhance natural processes (water and mineral cycles, energy flow and community dynamics) while enhancing profits and steadily building wealth.
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