Chair Brian Egolf Puts Gag on Bratton

Don Bratton
Santa Fe – When the House Energy and Natural Resources Committee received a new Chairman (Brian Egolf), House GOP members said they were willing to work in a spirit of fairness. It now appears the new Chairman may not share that desire, especially with those who have serious concerns about his aggressive "global warming" agenda. While raising what seemed to be reasonable questions about the credentials of a witness during the Committee meeting on Monday, Rep. Donald Bratton (Hobbs, Dist. 62) was abruptly silenced by Egolf. Rep. Bratton was told by the Chairman he was "out of order" in his questions. “If it’s out of order to question the credentials of a witness,” says Rep. Bratton, “then I’m wasting my time and the people’s money.” In response to the Chairman’s actions to push his own agenda, Rep Bratton decided to leave the hearing. 
Bill Gray
 After Bratton's departure members of the House GOP who serve on the committee decided on their own to follow. “The purpose of this committee is to determine fact, not to disseminate propaganda,” says Rep. Bratton. House GOP members of the committee are now raising concerns about how the committee will operate. Rep. Bill Gray (Artesia, Dist 54) the Ranking Minority Member of the Committee says “When one member of the Committee is silenced so are the people they represent, the people of New Mexico deserve to be heard.” The stated agenda for the meeting called for "Presentations of the impact of rules on oil and gas production," each House GOP member on the committee represents a district where oil and gas production takes place.
Brian Egolf
House Energy Chair Egolf is reportedly a vocal supporter of Al Gore's so-called Cap and Trade legislation which is languishing at the federal level. Egolf also appears to strongly support the progressive movement's push for the process that delegated law-making power to a quasi-government entity known as the Environmental Improvement Board (EIB). The EIB of New Mexico unilaterally made rulings on election day in New Mexico in 2010 that will curb both energy production and the state tax revenues that come with that production. This move which was engineered by former Governor Richardson infuriated incoming Governor Susana Martinez. Egolf's dictatorial style may well be a sign of things to come in the days and weeks ahead. Experts speaking to News New Mexico have indicated that any legislation that damages energy production and diminishes severance tax revenues will surely be vetoed by Governor Martinez.


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NYC Mayor Bloomberg Running Gun Show Sting Operation in....Arizona

Mayor Bloomberg
From washingtonexaminer.com -New York City Mayor Michael Bloomberg may prefer "No Labels" but in his case, I think "gun grabber" is a pretty fitting one. As part of his misguided crusade to tighten up gun laws nationally, The New York Times reports that Hizzoner sent undercover cops to gun shows in Arizona and found they were violating the law: In two instances, the New York undercover officers specifically said before buying a gun, “I probably couldn’t pass a background check,” but were still sold guns, city officials said. In a third case, an investigator bought a Glock pistol and two high-capacity magazines like the ones used in the Tucson shooting. Such purchases were made without any background check but were perfectly legal. Mr. Bloomberg’s office, which will release details of the undercover investigation on Monday, has for years pushed for tighter firearms laws. Since the Tucson shooting, Mr. Bloomberg has enlisted in his effort Daniel Hernandez, an intern in the office of Representative Gabrielle Giffords of Arizona. The congresswoman was the most seriously wounded, and Mr. Hernandez held her until emergency personnel arrived. More here

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License renewals could change for elderly drivers

From KOB-TV.com - State lawmakers will soon consider a bill that would affect license renewals for elderly drivers. Democratic state Senator Peter Wirth is proposing that drivers 75 to 84 would have to renew their license every two years, ages 85 to 89 would have to renew every year, and drivers 90 and older would have to renew every six months. The renewals would be free. Wirth's measure also calls for anyone over 75 to undergo tests of reflexes, reaction times, motor skills and coordination with each license renewal. Drivers over 90 would take eye and reflex tests twice a year. Read more
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On This Day In New Mexico History - February 1

On this day in New Mexico history February 1, 1896 – One of the most enduring mysteries of New Mexico occurred on this date. Albert Fountain and his eight year old son Henry disappeared on a trip from Alamogordo to Las Cruces in a buckboard wagon. They were never found. Fountain had gone to Lincoln New Mexico to testify against cattle rustlers and was returning home. He brought his son along in the mistaken thought that no one would harm the boy. It is widely accepted by historians they were killed on the trip and their bodies disposed of without record. Fountain was both loved and hated, equally, his friends were legend and his enemies numerous. As an aside, he was the attorney assigned to defend Billy the Kid when he was tried in Mesilla and then sentenced to hanging when found guilty. That was fifteen years earlier. Famous lawman Pat Garret was brought in to solve the mystery as were the Pinkerton detectives, to no avail. There are a number of websites and books about this subject that are worthy of your interest. I have posted a couple websites to get started on what happened to Albert Fountain and his son Henry. http://en.wikipedia.org/wiki/Albert_Jennings_Fountain
The good people of New Mexico were outraged at this murder and it was one of the moments that delayed statehood until 1912. The lawlessness of the territory in those times knew no bounds.

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Pearce Talks Problem Solving

Steve Pearce
Steve Pearce provided News NM listeners with an hour long interview on the major topics facing all American citizens, expecially energy policy, the problem with government spending, and the jobs creations solutions. You can hear the entire interview here:

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Parker: No More Debt Until Spending Cuts

Star Parker
Townhall - The Republican take away from President Obama’s State of the Union address should be unwavering opposition to an unconditional increase in the U.S. debt limit. The statutory debt ceiling of $14.3 trillion dollars will soon be reached. Republicans should oppose increasing it to permit more borrowing without meaningful spending cuts as part of the deal. The vision that the president presented to the nation in his speech, that we need more government, a lot more, to address the challenges before us, shows he sees the world no differently than he did when he entered office two years ago. He’s added a trillion dollars, almost a 40% increase, to federal government spending over this time. The federal government’s take from our economy has increased from one dollar out of every five to one dollar out of every four. Aside from the point of principle that with every incremental increase in the scope of government there is a corresponding decrease in the freedom of every citizen, there is also no practical argument to justify this vast government takeover. Unemployment has hardly budged and the economy, although recovering, remains sluggish. This economic machine clearly needs an oil change and a different kind of fuel. The president clearly doesn’t see things this way. Republicans need to offer a clear alternative and let the American people choose. Read full column here:
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DNA Testing Bill Introduced

Al Park
Santa Fe, NM – A measure (HB 256) that would expand the DNA testing requirements of Katie’s Law to include all felony arrests was introduced by Rep. Al Park (D-Albuquerque) today. In 2006 Katie’s Law was adopted, but only includes certain felonies which are predominantly those of a violent nature. Rep. Park said. “The biggest fact is we will prevent crimes with this bill. Currently only people arrested for sex crimes or violent crimes are required to submit DNA samples. We want to expand it so all felony arrests require a DNA sample.” He added, “People will be held accountable for their crimes, and as a result, they won’t be out committing more crimes and hurting more people.” In 2006, the New Mexico State Legislature passed legislation called “Katie’s Law” named after Katie Sepich, a New Mexico State University student who was raped and murdered in 2003.
Under the provisions of that law, DNA samples in New Mexico are collected for certain felony arrests. Those include sex offenses, death, great bodily harm, aggravated assault, kidnapping, burglary, larceny, robbery, aggravated stalking, the use of a firearm or an explosive or violation of the antiterrorism act. HB 256 would require anyone over 18 years of age arrested for any felony to provide a DNA sample. The bill alters the original DNA restraints of the current law. “We hope that this bill will remedy some of the state’s cold cases and provide justice and closure for families,” Rep. Park said. HB 256 heads to the House Consumer and Public Affairs Committee and the House Judiciary Committee for consideration.


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Governor Martinez Ends NM "Sanctuary" for Illegals

Governor Martinez
SANTA FE – Governor Susana Martinez announced today that she has signed an executive order rescinding sanctuary status for illegal immigrants who commit crimes in New Mexico while protecting victims and witnesses of criminal acts. The order signed by Governor Martinez directs law enforcement officers to inquire about the immigration status of those who are arrested for committing crimes.“This order takes the handcuffs off of New Mexico’s law enforcement officers in their mission to keep our communities safe,” said Governor Martinez. “The criminal justice system should have the authority to determine the immigration status of all criminals, regardless of race or ethnicity, and report illegal immigrants who commit crimes to federal authorities. Meanwhile, it is important that we safeguard the ability of victims and witnesses to report crimes to law enforcement officers without fear of repercussion.”

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Judge Vinson: Obamacare is UNCONSTITUTIONAL

Judge Roger Vinson
Washington Times - A federal judge in Florida ruled the new health care law unconstitutional on Monday in the broadest rejection yet of Democrats’ chief success over the last two years. District Judge Roger Vinson‘s ruling is the second to find that Congress went beyond its authority in requiring Americans to buy health insurance, but he went further by ruling that makes the entire law unconstitutional.
Judge Vinson said President Obama can continue to enforce the law while the case winds its way through the courts toward an eventual Supreme Court showdown, but said in his ruling that if the individual mandate is unconstitutional, the entire law must fall. “I must reluctantly conclude that Congress exceeded the bounds of its authority in passing the act with the individual mandate,” Judge Vinson wrote in his 78-page ruling, adding that while Congress can do some things to address health care, “the principal dispute has been about how Congress chose to exercise that power here. Because the individual mandate is unconstitutional and not severable, the entire act must be declared void.” Read full story here:

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Excerpts from Today's Obamacare Ruling

From the weeklystandard.com -Here are excerpts from Judge Vinson’s 78-page opinion, in which he ruled (1) that Obamacare’s individual mandate is unconstitutional and (2) that since the individual mandate is “the keystone or lynchpin” of the entire act, upon its removal the entire 2,700-page act must be invalided.  [T]his case is not about whether the Act is wise or unwise legislation, or whether it will solve or exacerbate the myriad problems in our health care system. In fact, it is not really about our health care system at all. It is principally about our federalist system, and it raises very important issues regarding the Constitutional role of the federal government….  [A]ll of the plaintiffs challenge the “individual mandate” set forth in Section 1501 of the Act, which, beginning in 2014 will require that everyone (with certain limited exceptions) purchase federally-approved health insurance, or pay a monetary penalty….I previously rejected the defendants’ argument that this penalty was really a tax, and that any challenge thereto was barred by the Anti-Injunction Act…. The Constitutionality of the individual mandate is the crux of this entire case... More here
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Gaza Militants Fire Barrage of Missiles at Israel

From jpost.com -Barrage of fire from Gaza hits southern Israel; rocket lands near building where wedding is taking place in Netivot; 4 treated for shock, vehicle damaged; Color Red rocket alert system fails to go off. The relative calm in the South was shattered on Monday night when Palestinians in Gaza fired a barrage of powerful Grad rockets and mortar shells at the western Negev. One Grad-type rocket fired from Gaza smashed into the town of Ofakim and a second rocket slammed into Netivot, not far from a building where a wedding celebration was taking place. More here
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Ban Ki-moon: World's Economic Model is 'Environmental Suicide'

From The Guardian -The world's current economic model is an environmental "global suicide pact" that will result in disaster if it isn't reformed, Ban Ki-moon, the UN secretary general, warned today.  Ban said that political and business leaders need to embrace economic innovation in order to save the planet.  "We need a revolution," he told a panel at the World Economic Forum in Davos, Switzerland, on how best to make the global economy sustainable. "Climate change is also showing us that the old model is more than obsolete."  He called the current economic model a recipe for "national disaster" and said: "We are running out of time. Time to tackle climate change, time to ensure sustainable … growth." The Guardian revealed yesterday that Ban is ending his hands-on efforts to reach a global climate deal through UN negotiations, and move to focus on a broader sustainability agenda.  More here

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Napolitano: “It’s Just Plain Wrong to Say Border Is Overrun With Violence and Is Out of Control"

Janet Napolitano
From thehill.com -Homeland Security Secretary Janet Napolitano issued a stern warning to Mexican drug cartels on Monday as she vowed to push Congress to revamp U.S. immigration laws. Napolitano, speaking at the University of Texas at El Paso, said the southern U.S. border has never been more secure than in recent years and public officials who argue otherwise do so to “score political points.”   Assessing the number of seizures of illegal drugs, weapons and cash as well as the increasing number of deported criminals who had been in the United States illegally, Napolitano said critics of that border's security were wrong. “It is inaccurate to state, as too many have, that the border is overrun with violence and out of control,” Napolitano said in prepared remarks. “This statement — often made only to score political points — is just plain wrong.”  More here
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Sustainable Growth – A Threat to Private Property (Part 1)


Jim Harbison
This editorial is based on an article from the American Policy Center and is the first of two parts. In his book “Earth in the Balance” Al Gore warned that a “wrenching transformation” must take place to lead America away from the horrors of the Industrial Revolution. The process to do that is called Sustainable Development. The objective of Sustainable Development is to integrate economic, social and environmental policies in order to achieve reduced consumption, social equity, and the preservation and restoration of biodiversity. Sustainable Development calls for changing the very infrastructure of the nation, away from private ownership and control of property through central planning of the entire economy – often referred to as top-down control. Truly Sustainable Development is designed to change our entire way of life. It is a form of wealth redistribution. It is a masterful mixture of socialism (with its top-down control of the economy) and fascism (where property is owned in name only-with no control).
Al Gore
Locally, the operative term is Sustainable Growth. The language which the City Council now uses includes such terms as “community development,” “historic preservation,” “public-private partnerships,” ”visioning,” “open space,” and “consensus.” These terms are all necessary to implement Sustainable Development which has come to mean denied use of and protection of resources from the people. It has become a code word for “social justice.” Accepting the perception that Sustainable Growth is simply good environmental stewardship is a serious and dangerous mistake. It insists that society be transformed into feudal-like governance by making nature the central organizing principle of our economy and society. Every societal decision must be determined by how it might affect the environment. To achieve this transformation sustainable growth initiatives focus on three components: global land use; global education; and global population control. Private property is incompatible with the premise of Sustainable Growth especially when you consider the UN’s report from the Habit conference which said “Land … cannot be treated as an ordinary asset, controlled by individuals and subject to the pressures and inefficiencies of the market. Private land ownership is also a principle instrument of accumulation and concentration of wealth, therefore, contributes to social injustice.” Read rest of column here:

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House Members to Conduct Border Study

Las Cruces, NM (January 30, 2011) This week, Congressman Steve Pearce will join other U.S. Representatives in a congressional delegation studying border security in Texas, New Mexico and Arizona. Mr. Pearce is expected to be the only member of the delegation from a border district, and is eager to draw a spotlight of national attention to the violence and exploitation that occur along the border.
“For too long, Democrats and Republicans in Washington have given lip-service to the disturbing situation at our borders,” said Pearce. “Their response has been inadequate and it is time to act. I look forward to joining my colleagues to see firsthand the changes we face along our borders. Ideally, these visits and meetings will help to bring about focused and responsible solutions from Washington. I want to help get beyond the beltway rhetoric of border security, and work toward solutions that reflect the complexity of the problem. Lives are at stake on the border, and lives have already been lost.”
The security issues at the border are numerous.
Drug cartels operate in the area with increasing power and boldness, feeding a culture of rampant violence. Illegal drugs and weapons flow across the border each day. Human traffickers, too, thrive on inaction, preying upon countless innocent victims. Our nation’s enemies, including terrorists, are known to exploit our weaknesses at the border. For the sake of national security, policies are needed that address every aspect of the crisis. In addition, the millions of undocumented immigrants who take advantage of weak border security must be addressed. The issues created by a porous border range from vast administrative and safety issues in the United States to environmental damage in heavily-travelled areas.
Steve Pearce
The delegation, led by Rep. Phil Gingrey from Georgia, will tour border sites in El Paso before visiting Columbus, New Mexico, to discuss border security with local ranchers, residents and business owners in a public hearing to be held at noon on Tuesday, February 1 at the Columbus Community Center, 500 N. Broadway Ave. The group will also visit Playas, New Mexico, to review training methods for border security personnel. The delegation will meet with members of both the Retired Border Patrol Officers’ Association and local officials, including Hispanic civic leaders, while touring sections of the border.

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Southwest Environmental Center Urging NM Senate To Reject Schmitt Post

NewsNM (Swickard) This statement by the Southwest Environmental Center makes me glad Schmitt was selected. I share his view of global warming as a political scam. If it were real, why have we no dialog about when you have gone too far in your efforts, and, how shall we arbitrate the correct climate for the Earth, given it changes constantly. Answer those two questions if you support the claim of man-made global warming.

From KRWG-TV.com - LAS CRUCES, NM (krwg) - Southwest Environment Center Executive Director Kevin Bixby says the nomination of Harrison Schmitt Nominated to Head New Mexico Department of Energy and Natural Resources is irresponsible. New Mexico lawmakers are urged to vote against Schmitt's confirmation because of what the center calls his "extreme" views on climate change and other issues. On his website, Bixby states the global warming scare is being used as a political tool to increase government control over American lives, incomes and decision-making. The Southwest Environmental Center is a Las Cruces-based nonprofit organization dedicated to the protection and restoration of native wildlife and their habitats in the Southwestern Borderlands. Bixby says, "Schmitt's views are not in the main stream and frankly it's dangerous to put someone like Schmitt and his extreme views in a position of such great importance and responsibility for the state of NM is absolutely irresponsible. It is both irresponsible for NM and the southwest environment, but also for our economy because climate change has the potential to do great economic harm. I think putting Mr. Schmitt in this position is sending the wrong message and taking us in the wrong direction." Read more

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Small school districts could be assimilated

From the Alamogordo Daily News - by Milan Simonich, Santa Fe Bureau - The high plains village of Mosquero in northeastern New Mexico has a school district with 43 students. A crowded classroom in Albuquerque has more kids. Roy has a school district, too. It has 51 students. Wagon Mound has 71 in its district, House 79 and Des Moines 97. Isolation, geography, a weak economy and tradition are reasons that places too small to appear on many state maps have school districts. All told, 49 of New Mexico's 89 school districts have fewer than 1,000 students. State Sen. Stephen Fischmann, D-Mesilla Park, has introduced a bill to close each of those small districts. His proposal, SB 80, is not as radical as it may sound, Fischmann said. Read more
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On This Day In New Mexico History - January 31

On this day in New Mexico history - January 31, 1958 - the product of much research in New Mexico, Explorer 1, first US satellite, was launched from Cape Canaveral, Florida. The research work starting in New Mexico at White Sands Proving Grounds, later called, White Sands Missile Range.

Captured V2 German rockets at the end of WWII lead the way. Experience with the V2 (black & white photo on right) gave scientists data they needed to develop our own rockets. The first was the WAC Corporal flown 17 times, reaching an altitude of 80 miles. It would be a test bed for multi staging. Explorer I followed the first two Earth satellites in space the previous year, Soviet's Sputnik 1 & 2. Explorer 1 was the first spacecraft to detect the Van Allen radiation belt, returning data until batteries exhausted four months later. It remained in orbit for 12 years. It reentered the atmosphere over the Pacific Ocean on March 19, 1970 after more than 58,000 orbits.

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A Look at the New E.I.B. Board

Rob Nikolewski
Capitol Report New Mexico - Meet the new board; NOT the same as the old board. The state’s Environmental Improvement Board has become one of the most politically-charged agencies in New Mexico government. The previous board members were appointed during the term of Gov. Bill Richardson. Conservationists praised them for passing – in the final two months of the Richardson administration – measures to cap greenhouse gas emissions. But incoming Republican Gov. Susana Martinez – a vocal critic of what she calls “cap and tax” — summarily fired all seven members, saying ”the majority of EIB members have made it clear that they are more interested in advancing political ideology than implementing common-sense policies that balance economic growth with responsible stewardship in New Mexico.” In the past few days, Gov. Martinez has named her choices for a newly-constituted board she says will balance the interests of New Mexico’s energy sector with environmental concerns. Opponents counter by saying the new board is stacked with industry lackeys. Regardless, the new members are expected to try to roll back the measures the previous EIB instituted. Yet a comparison of the EIB’s new members with its old members turns up some interesting contrasts. Read full story:
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Pearce to Appear on NewsNM

Steve Pearce
New Mexico Congressman Steve Pearce will be in the News New Mexico studio for an extended discussion on what is happening in the U.S. Congress on Monday January 31, 2011 at 8:00am. Topics to be covered during the hour long interview will be the repeal of the Affordable Heathcare Act (also known as Obamacare), the ongoing crisis in Egypt, raising the debt ceiling limit, evaluating current national energy policy, and the process of job creation. If you have questions you would like the hosts to read on the air please submit them to contact@newsnm.com.


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Clinton Walks Tightrope

Hillary Clinton
Secretary of State Hillary Rodham Clinton called on Egypt to move toward an orderly transition to democracy. She also said there's a long way to go. On Fox News Sunday Clinton said that the situation in Egypt is volatile and complex, as protestors continue to clog the streets of Cairo. Clinton conceded that President Hosni Mubarak had finally appointed a vice president. However, when pressed she indicated that the U.S. did not want to see a takeover of the government in Egypt that would lead to oppression. The Obama administration seems to now be faced with walking the same diplomatic tightrope as its predecessor. Also it would seem that effectiveness of efforts by President Obama to assure millions of Arabs in speeches that under his leadership, America would better understand their desire for freedom is becoming increasingly called into question. Every day in the Arab world anti-American sentiment continues to plague the dialogue of peace.

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Martinez Considers Judicial Appointments

Governor Martinez
Las Cruces Sun-News - LAS CRUCES - New Mexico Gov. Susana Martinez said Friday that she expected to fill the two vacancies on the 3rd Judicial District bench next week. In a wide-ranging discussion with the Sun-News editorial board, her first since taking over as governor, Martinez also explained her decision to remove the spaceport executive director and board, said she would oppose efforts by the Jemez Pueblo to build a casino in Anthony and discussed her budding relationship with the New Mexico Legislature, two weeks into her first session. Martinez said Friday that she would conduct interviews on Saturday with the six candidates vying to replace judges Jerald Valentine and Stephen Bridgforth, and would likely make her decision next week. Read full story here:
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President Calls for Free Elections in Arab World

Our president made this statement regarding the struggles for freedom in the Middle East......."For decades, the people of this region saw their desire for liberty and justice denied at home and dismissed abroad in the name of stability. Today your aspirations are threatened by violent extremists who murder the innocent in pursuit of power. These extremists have hijacked the noble religion of Islam, and seek to impose their totalitarian ideology on millions. They hate freedom and they hate democracy -- because it fosters religious tolerance and allows people to chart their own future. They hate your government because it does not share their dark vision. They hate the United States because they know we stand with you in opposition to their brutal ambitions. And everywhere they go, they use murder and fear to foment instability to advance their aims."......this quote came from President George W. Bush on January 13, 2008 while visiting the United Arab Emirates.

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Will One Form of Totalitarianism Replace Another?

Hosni Mubarak
Newsmax -CAIRO, Jan 30 (Reuters) - Egyptians faced lawlessness on their streets on Sunday with security forces and ordinary people trying to stop looters after days of popular protest demanding an end to President Hosni Mubarak's authoritarian, 30-year rule. Throughout the night, Cairo residents armed with clubs, chains and knives formed vigilante groups to guard neighbourhoods from marauders after the unpopular police force withdrew following clashes with protesters that left more than 100 dead. By morning, the capital's streets were mostly deserted, with the army guarding the Interior Ministry, and citizens putting their trust in the military, hoping they would restore order but not open fire to keep key U.S. ally Mubarak, 82, in power. Up to 3,000 people gathered on Sunday in Tahrir Square, which has become a rallying point to express anger at poverty, repression and corruption in the Arab world's most populous nation. "The people want the fall of Mubarak," they chanted. "Hosni Mubarak, Omar Suleiman, both of you are agents of the Americans," shouted protesters, referring to the appointment of intelligence chief Suleiman as a vice president, the first time Mubarak has appointed a deputy in 30 years of office. Read full story here:
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O'Reilly: Winning the Future

Bill O'Reilly
Townhall- Finally, an issue all Americans can rally behind: winning the future! Surely most of us would like to be victorious down the road. The alternative is losing the future, and that doesn't sound very good, does it? If the future is lost, then what will become of us? Thus, President Obama's new mantra, "winning the future," got immediate traction. His State of the Union speech was full of optimistic ways that we can win. Most of those ways involve "investing" in stuff like education, infrastructure jobs and alternative fuels. "Investing," of course, is the new word for government spending. The president doesn't want to spend anymore; he wants to "invest." Read full column here:
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Investing and Borrowing

I often meet with organizations and people seeking investment counseling. One of the first steps in personal “investment” counseling is to encourage the contribution of the maximum amount allowed under law to tax-advantaged retirement accounts. If one is already deferring income and reducing taxes, and still has excess reserves, I always recommend paying off DEBTS first.
The only exception to this rule would be mortgage debt, which is usually tax-deductible and carrying a very low interest burden. The logic of this approach is pretty simple. If you already have debt outstanding, essentially you are making interest payments on the “investment” made by someone else. To make personal after-tax investments while still carrying debt burdens owed to others is essentially to have a “margin” account. Margin accounts are widely considered to be ultra-speculative by financial planners. Borrowing someone else’s money to “invest” for yourself implies you are sure you can earn a higher rate of return than the entity that loaned the money to you. In most instances, if you are a borrower, you are pretty much by definition short of investment funds. Aggressive opportunists with big plans often like to use other people's money. However, it is my experience, that aggressive opportunists with big plans, that constantly require other people’s money (OPM), usually implode at some point. Constantly operating on borrowed money is almost always a recipe for financial disaster. Accordingly, I found it financially comical that our president was calling for America to do more "borrowing" for the purpose of “investing” earlier this week in his State of the Union address.
Bernie Madoff
Perhaps I am simplistic. But in the real world, "borrowing" is not investing. Borrowing is using the investment capital of others as a form of financing. There seems to be a great sleight of hand going on here. The “focus group-tested” use of the term “investing” is merely a semantic substitute for the increasingly less popular term, “borrowing.” While it might help conjure up some great vision of a bright future, seasoned investors realize that borrowing even if under a different name, is merely the continuation of the national margin account. America’s government has not been “investing,” America’s government has been on "margin." America is still on margin. Once America is off margin it can think about "investing." You can learn more about margin accounts here:

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Greenberg: The Games NPR Plays

Townhall - Paul Greenberg - When it comes to bureaucracies, corporate or public, it's not just jobs that can be delegated but any sense of responsibility. This isn't just a familiar pattern, it's standard operating procedure by now. When the head of the outfit is confronted by a scandal that can no longer be ignored, and the public has grown more outraged than usual, protocol demands that the top exec submit ... somebody else's resignation.
NPR's Vivian Schiller
It could almost be Washington's motto: The buck stops somewhere else. Now it's happened at NPR. Which is one of the many public-private hodgepodges that gets all kinds of funding from all kinds of sources -- and so is hard to pin down when things go embarrassingly wrong. There are more of those around than ever -- Fannie Mae, Freddie Mac, Government Motors, AIG, American health care in general ... you name it. Their structure tends to resemble that of a medieval chimera, only without the charm.
Juan Williams
NPR never looked so much like the politically correct fraud it's long been than when it fired Juan Williams, one of its news commentators, for daring to comment on the news -- on FOX yet. It took a while for the suits at national headquarters to come up with some transparent excuse. In this case, Mr. Williams was said to have been hired as an analyst, not a commentator, and so had overstepped his bounds. Read full comun here:

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Regent Appointments Will Be Based On "Constitution"

Governor Martinez
LAS CRUCES – Governor Susana Martinez announced today that she has rescinded the executive order establishing a convoluted regent selection process for New Mexico’s public universities. Executive Order 2010-049 established an advisory committee process for the state’s universities, providing additional and unnecessary requirements not specified in the New Mexico Constitution. The Governor issued an executive order overturning those requirements, returning the regent selection process to the one enumerated by the State Constitution. “The New Mexico Constitution provides a sufficient process for selecting regents at our public universities and I will abide by it,” said Governor Martinez. “The advisory committee is just another symbol of big-government excesses that serve little purpose. I believe in the need for a fair regent selection process that is free of politics, but I do not find it necessary to add another layer to an already bloated bureaucracy.” Last summer, the Albuquerque Journal editorialized against the regent selection process as “one more quasi-governmental bureaucracy” that would “water down accountability. Last week, the University of New Mexico Faculty Senate approved a proposal that would water down that accountability by creating a committee that would recommend three names to the governor whenever a regent's position opens at UNM, New Mexico State University or New Mexico Institute of Mining and Technology…There's no question faculty and community input is a good thing...But the process should not be institutionalized by creating one more quasi-governmental bureaucracy.” (“Leave Regent Decision Up to Next Governor,” Albuquerque Journal Editorial, 8/29/10).

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