From the Albuquerque Journal.com - SANTA FE (AP) — New Mexico’s pension funds for government workers and educators lost more than $2 billion in the past quarter because of a downturn in financial markets. A report by the Legislative Finance Committee said the value of assets in the Public Employees Retirement Association’s pension fund dropped $1.3 billion from July through September. It had a negative 10 percent investment return for the quarter. The PERA fund was valued at $10.8 billion at the end of September. The Educational Retirement Board’s pension fund lost $831,000 and had a market value of $8.7 billion at the end of the quarter. The educational pension had a negative investment return of almost 8 percent for the quarter. Requires subscription
NM pension funds lost $2B during last quarter
From the Albuquerque Journal.com - SANTA FE (AP) — New Mexico’s pension funds for government workers and educators lost more than $2 billion in the past quarter because of a downturn in financial markets. A report by the Legislative Finance Committee said the value of assets in the Public Employees Retirement Association’s pension fund dropped $1.3 billion from July through September. It had a negative 10 percent investment return for the quarter. The PERA fund was valued at $10.8 billion at the end of September. The Educational Retirement Board’s pension fund lost $831,000 and had a market value of $8.7 billion at the end of the quarter. The educational pension had a negative investment return of almost 8 percent for the quarter. Requires subscription
Researchers near completion of 3-year study
From Rio Grande Digital.com - by Jay Rodman - Late October and mid-November might seem late to be planting salad greens in New Mexico, but a group of New Mexico State University faculty members, students and farm crew were not deterred by the calendar. For the third year in a row, they were starting rows of Trout’s Back lettuce and Bloomsdale spinach from seed in a dozen hoop houses, also known as passive-solar high tunnels. Six of the structures are located at NMSU’s Leyendecker Plant Science Research Center south of Las Cruces and the other six are at NMSU’s Sustainable Agriculture Science Center at Alcalde, north of Santa Fe. When the last of this crop is harvested in late winter or early spring, it will provide the final data in a three-year study of the viability of these low-budget greenhouses for New Mexico small producers who want to grow vegetables in the winter. This project, titled “Winter Production of Leafy Greens in the Southwestern U.S.A. Using High Tunnels,” actually involves 18 hoop houses – in addition to the ones at the two agricultural science centers, there is one at each of six cooperator sites in New Mexico, Arizona and Colorado. Read more
Researchers near completion of 3-year study
Old but not out; Octogenarian In Senate Preps for more
From New Mexico Politics with Joe Monahan - Mary Kay Papen turns 80 in March and John Pinto is now 86. Will both state senators seek re-election in 2012? Papen says she is a go for a fourth term. "My health is good." She declared.The Dona Ana County lawmaker is concerned about her vote not to eliminate driver's licenses for illegal immigrants. She's sending out a questionnaire asking what her constituents think. Republicans are sure to fire both barrels at her for that vote. Maybe even a Dem primary opponent surfaces. But the Papen name has a lot of goodwill. Her late husband Frank was a major political player. Papen has a reputation as a crusty, straight-shooter. And she's no wall flower, either. She sits on the powerful Senate Finance Committee as well as the Legislative Finance Committee. Republicans or a Dem challenger will have their hands full in trying to take out this soon to be octogenarian. Read more
Old but not out; Octogenarian In Senate Preps for more
Former host of popular PBS series still fixing up homes — including his own partial adobe
From the Santa Fe New Mexican.com - Home-renovation expert Steve Thomas, who gained fame as a TV host and is now promoting Habitat for Humanity's model for sustainable housing, says renovating his tiny, winter home on Santa Fe's east side is challenging. "For a guy who's cut his teeth in New England on wood-frame houses and timber-frame houses," he said, "wrapping my head around mud as a building material has been ..." Thomas' voice trailed off as if searching for the right word, then he added theatrically, "You can build with mud? Come on!" Soon after taking over as host of PBS' This Old House in 1989, Thomas came to Santa Fe to work on the renovation of a house with contractor John Wolf. Thomas said he and his wife and son, then 3, stayed in Santa Fe for a few weeks during the project and have returned at least once a year since. In 2007, the Boston-based Thomases bought a 1,000-square-foot "fixer-upper" — partly adobe, partly frame and partly Pen tile — off Gonzales Road. They rented it out for two years, and when the renter left they began to spend their winters there and their summers in a camp on an island in Maine. "Like most boomers who [have become] empty nesters, we want to downsize, so we're going from a 3,500-square-foot historic home in Boston to 1,000 [square feet] here," he said. Thomas said the Santa Fe house needs a lot of work, is currently gutted, and he's still considering how best to remodel it. Read more
Former host of popular PBS series still fixing up homes — including his own partial adobe
Steve Pearce Hosts Facebook Town Halls
![]() |
| Congressman Steve Pearce |
Steve Pearce Hosts Facebook Town Halls
Mexico says Gadhafi son tried to sneak into country
From the El Paso Times - MARK STEVENSON,Associated Press - MEXICO CITY (AP) - Mexico said Wednesday that a son of the late Libyan dictator Moammar Gadhafi and three relatives had plotted to sneak into Mexico under false names and move to a safe house at a posh Pacific coast resort. The elaborate plan to bring al-Saadi Gadhafi to Mexico allegedly involved two Mexicans, a Canadian and a Danish suspect, all of whom have been detained, Interior Secretary Alejandro Poire said. He did not reveal which relatives had planned to accompany Al-Saadi Gahdafi, who is known for his love of professional soccer and run-ins with police in Europe. The plot was uncovered by Mexican intelligence agents in early September as al-Saadi was fleeing Libya shortly after his father's ouster. He never made it to Mexico, but did reach the Western African country of Niger, where he has been living. The plotters allegedly jetted into Mexico, opened bank accounts and bought properties meant to be used as safe houses in several parts of the country, including one at a resort on Mexico's Pacific coast. Read more
Mexico says Gadhafi son tried to sneak into country
Deming Local agencies shelter 350 stranded people
From the Deming Headlight - With local lodging packed to capacity, 350 travelers stranded by Monday's winter blitz found a temporary home at the Mimbres Valley Learning Center. The American Red Cross joined teamwork from most local government agencies, including Luna County, city of Deming and New Mexico State Police to respond to the sudden snowfall. The night-long affair began Monday evening shortly after Interstate 10 was closed and motorists were forced to exit into Deming. Those that were unable to find lodging at local hotels which quickly filled with other stranded motorists found their way to the MVLC, where the Red Cross greeted the travelers with warm cots and blankets, food, refreshments and shelter from the elements. "We're in Southern New Mexico, this shouldn't be happening," James Scoggan, of Houston, Tx., said of the weather. He and a friend were on a drive back home from visiting Arizona when the I-10 closure forced them to seek shelter in Deming. "We knew a front was going through, but we didn't know it would be this bad." That sense of surprise was common amongst those seeking shelter at the temporary Red Cross site. One man, who obviously did not see the weather coming, was seen running to and from his ride in shorts and a t-shirt. Others were found huddled in the learning center wrapped in blankets and trying to keep occupied. Some played card games, others snacked and most used the time to regain strength to hit the road again. Read more
Deming Local agencies shelter 350 stranded people
Resident credits longevity to picking cotton, avoiding doctors
From the Clovis New Journal - Grace Helen Bowen (age 18 in picture on left) is nonchalant about turning 100 years old today. “Turning 100? I don’t feel anything one way or another. It’s just another birthday, just another day on the calendar. How do you feel about yours?” said Bowen with a sweet smile. Bowen’s health has been stable over the years. She has never had any major operations or surgeries. The only medical procedures that Bowen undergoes regularly are blood pressure tests. So what is Bowen’s secret to making it to 100? “What advice would I give anybody? I’ll tell them ‘you go do what you want to do and hope it works out,’” said Bowen in her usual humorous tone. Bowen said staying away from doctors helped her reach 100. She also credits picking cotton while growing up in Graford, Texas, a tiny town about 70 miles west of Fort Worth, for her longevity. Bowen said she picked cotton to earn money to buy her school clothes. Read more
Resident credits longevity to picking cotton, avoiding doctors
Stealth fighter marks important anniversary
From the Alamogordo Daily News.com - By Arlan Ponder - To many people, Dec. 1 marked a realization that there were only 24 more shopping days to Christmas. But to people who are involved with stealth fighters, an event happened on this date that forever changed the world of aviation. It was the first flight of "Have Blue." Have Blue was the predecessor of the Air Force's famed F-117A Nighthawk -- the first "stealth fighter" in the Air Force's inventory. On Dec. 1, 1977, just after sunrise at Groom Lake, Nev., HB1001 made its maiden flight, and history, as Lockheed test pilot Bill Park took it through its flight. Ben Rich, the former head of Lockheed's Skunk Works that built many of the nation's most advanced aircraft said, "This flight will be every bit as important to the nation's future and the future of the Skunk Works as the first test flight of the U-2 spy plane." This came after the prototype was flown disassembled, via a C-5 Galaxy, from the Lockheed Plant in Burbank, Calif., to the classified Nevada base. The crew who made that historic flight in the middle of the night Nov. 16, 1977, never knew they had the first Experimental Survivable Testbed prototype in their cargo hold until years later after the F-117A came out of "the black." The Have Blue prototypes, or XST, were the first fixed-wing aircraft designed from an electrical engineering (rather than an aerodynamic) perspective and, while similar to the later F-117, were smaller with greater wing sweep and inward-canted vertical tails. Read more
Stealth fighter marks important anniversary
Bill Gates discussing new nuclear reactor with China
From SF Gate.com - BEIJING, China (AP) -- Microsoft co-founder Bill Gates confirmed Wednesday he is in discussions with China to jointly develop a new and safer kind of nuclear reactor. "The idea is to be very low cost, very safe and generate very little waste," said the billionaire during a talk at China's Ministry of Science and Technology. Gates said he had largely funded a Washington state-based company, TerraPower, that is developing a Generation IV nuclear reactor that can run on depleted uranium. TerraPower says it has discussed its plans with India, Russia and other countries with nuclear energy programs. The general manager of state-owned China National Nuclear Corporation, Sun Qin, was quoted in Chinese media last week saying Gates was working with it to research and develop a reactor. "TerraPower is having very good discussions with CNNC and various people in the Chinese government," said Gates, cautioning the talks were at an early stage. Gates says perhaps as much as a billion dollars will be put into research and development over the next five years. TerraPower says its traveling wave reactor would run for decades on depleted uranium and produce significantly smaller amounts of nuclear waste than conventional reactors. "All these new designs are going to be incredibly safe," Gates told the audience. "They require no human action to remain safe at all times." Read more
Bill Gates discussing new nuclear reactor with China
Documents: ATF Used Fast and Furious to Make Case for Gun Regulations
Documents: ATF Used Fast and Furious to Make Case for Gun Regulations
Cockerell's Bumblebee Rediscovered in N.M
Cockerell's Bumblebee Rediscovered in N.M
Farmington Man Arrested for DWI for 12th Time
Farmington Man Arrested for DWI for 12th Time
Mountain Lion Making the Rounds in Alto
Mountain Lion Making the Rounds in Alto
Rim Drops BBX Phone Name
Rim Drops BBX Phone Name
Census Shows Voter Registrations Changes
Census Shows Voter Registrations Changes
Obama Nixes Golf Vacation in Hawaii
Obama Nixes Golf Vacation in Hawaii
Radical Islamic Terrorism or Workplace Violence?
![]() |
| Nidal Malik Hasan |
Radical Islamic Terrorism or Workplace Violence?
Albuquerque Cited for Clean Water Act Violation by EPA
Albuquerque Cited for Clean Water Act Violation by EPA
Yawn......Another Illinois Governor Goes Off to Prison
![]() |
| Rod Blagojevich |
Blagojevich, who was seated while Zagel read his sentence, slightly sunk his head after learning his prison term. Wife Patti put her hand up to her mouth, but did not cry, as she has done in previous hearings. Blagojevich walked up to her and said, “You OK? Stay strong.” After court was over, the two embraced in the courtroom and she buried her head in his chest. Read full story here: News New MexicoYawn......Another Illinois Governor Goes Off to Prison
NM Lottery Pass $500 Million in Fund Raising
The New Mexico Lottery announced on Tuesday that it has raised half a billion dollars for education since launching in 1996. Lottery profits came to $500.1 million with October revenues of $3.23 million. October revenues were transferred to the state treasurer on Nov. 30. “Every time players bought a lottery ticket, they made an investment in our children’s education,” said Tom Romero, New Mexico Lottery chief executive officer. “We are very grateful for the support of players, retailers, vendors and our state’s elected officials. This is their accomplishment."
Lottery profits have put college within the reach of so many more people as well as a future of greater opportunity for all of us who make our homes in New Mexico,” said Marcus Rael Jr., Esq., chair of the lottery’s board of directors. Of the $500.1 million, $66.5 million was used for school construction and repairs between 1996 and 2001. Approximately $433.6 million has been directed to college tuition through the Legislative Lottery Scholarship program. NM Lottery Pass $500 Million in Fund Raising
UNM Law School Piling Up the Accolades
In addition, U.S. New and World Report magzine recently ranked the school the 10th most popular in the U.S., placing it in the same league as the Yale and Harvard. In a related ranking, U.S. News ranked the school’s clinical law program seventh-best in the country. Read full story here: News New Mexico
UNM Law School Piling Up the Accolades
Packer Fans Gobble Up Worthless Stock
Packer Fans Gobble Up Worthless Stock
NMSU CE Dept: Old Tires Can Be Used in Paving
NMSU CE Dept: Old Tires Can Be Used in Paving
NAACP Calls on UN to Intervene in U.S. Elections
NAACP Calls on UN to Intervene in U.S. Elections
Gov. Martinez Will Take Questions on NewsNM Today
![]() |
| Susana Martinez |
Gov. Martinez Will Take Questions on NewsNM Today
Terrell: Carl Trujillo Will Run Versus Lujan
![]() |
| Carl Trujillo |
Terrell: Carl Trujillo Will Run Versus Lujan
FBI Opens New Forensics Lab at UNM
FBI Opens New Forensics Lab at UNM
High School Students Protest Wal-Mart
High School Students Protest Wal-Mart
Run on Greek Banks Underway
He means that the outflow of funds from Greek bank accounts has been accelerating rapidly. At the start of 2010, savings and time deposits held by private households in Greece totalled €237.7 billion -- by the end of 2011, they had fallen by €49 billion. Since then, the decline has been gaining momentum. Savings fell by a further €5.4 billion in September and by an estimated €8.5 billion in October -- the biggest monthly outflow of funds since the start of the debt crisis in late 2009. Read full story here: News New MexicoRun on Greek Banks Underway























