Mexico judge sentences 14-year-old U.S. citizen assassin to 3 years

From the El Paso Times.com - MIACATLAN, Mexico (AP) - A Mexican judge on Tuesday sentenced a 14-year-old U.S. citizen to three years in prison for organized crime, homicide, kidnapping, and drug and weapons possession. A judge gave Edgar Jimenez Lugo the maximum sentenced allowed for a minor in the central state of Morelos, said state prosecutor Jose Manuel Serrano Falmerol. Jimenez was tried in a state court because Mexico does not have a justice system to try minors at the federal level. Authorities say the teenager confessed to working for the South Pacific drug cartel, led by reputed drug lord Hector Beltran Leyva, and to killing four people whose beheaded bodies were hung from a bridge in the tourist city of Cuernavaca. Read more
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Sowell: Debt-Ceiling Chicken

Commentary by Dr. Thomas Sowell - The big news, as far as the media are concerned, is the political game of debt-ceiling chicken that is being played by Democrats and Republicans in Washington. However the current debt-ceiling crisis turns out, the current economic turmoil in financial markets around the world should cause some serious thoughts about the long run, and about the whole idea of a national debt-ceiling. Some people may have been shocked when the credit-rating firm Moody's recently suggested that the debt-ceiling law be repealed, in order to avoid fiscal crises which can throw world financial markets into turmoil that can injure countries around the world. Anyone who wants to show that Moody's is wrong should be prepared to show the actual benefits of the debt-ceiling, not its goals or hopes. That will not be easy, if possible at all. Too many policies, programs and institutions are judged by what they are supposed to do, rather than by what they actually do and the consequences of their actions. The United Nations, for example, survives as a glorious idea, despite how corrupt, counterproductive and even dangerous its actions are. The national debt-ceiling law should be judged by what it actually does, not by how good an idea it seems to be. The one thing that the national debt-ceiling has never done is to put a ceiling on the rising national debt. Time and time again, for years on end, the national debt-ceiling has been raised whenever the national debt gets near whatever the current ceiling might be. Regardless of what it is supposed to do, what the national debt-ceiling actually does is enable any administration to get all the political benefits of runaway spending for the benefit of their favorite constituencies -- and then invite the opposition party to share the blame, by either raising the national debt ceiling, or by voting for unpopular cutbacks in spending or increases in taxes. Read more
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A leadership default

From NM Politics.net - by Tom Mullins - Article I, Section 7 of the Constitution reads, “All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.” Article I, Section 8 reads that the Congress shall have the power “To borrow Money on the credit of the United States.” Some have proposed that the president can authorize the U.S. Treasury to raise the debt ceiling unilaterally under Section 4 of Amendment XIV to the Constitution, which reads, “The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.” Proponents of this solution fail to read Section 5 of Amendment XIV, “The Congress shall have the power to enforce, by appropriate legislation, the provisions of this article.” As a representative democracy, we the people have given authority to our elected representatives, specifically House members, to govern and make the difficult decisions required to maintain the full faith and credit of our nation. The can we have kicked down the yellow brick road is more worn than stimulus-funded resurfaced asphalt. One of the $350,000 federally funded snow plows may have eaten the can. Since politicians are always thinking of the next election, they need a reminder from you that they must balance both sides of the ledger. There are not enough millionaires and billionaires available to confiscate their wealth. Read more
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New Mexico: Wide-open state of no rules

From KRQE-TV.com - (AP) - The arrest of Albuquerque's chief criminal judge on charges he raped a prostitute is just the latest example of a seemingly Wild West-no-rules-attitude permeating numerous levels of authority in New Mexico. Just this year, the mayor, police chief and a trustee of the small border town of Columbus were accused of helping smuggle hundreds of guns into the Mexico. A judge in Las Cruces was charged in a bribery scandal with alleged ties to former Gov. Bill Richardson. The Albuquerque police department has been under increased scrutiny for an escalation in questionable police shootings of unarmed civilians. One of its officers is facing charges that he killed his wife to hide his involvement in a car theft ring. And the city's public safety director just quit amidst a probe of his handling of a car accident involving his wife. Additionally, one of the state's most distinguished professors was recently accused of helping run a sophisticated online prostitution ring. The former Santa Fe sheriff last week pleaded guilty to embezzlement. And several pay-to-play investigations continue into dealings of former Richardson administration officials and others close to the Democrat who ran the state for eight years. This just to cite several recent, prominent examples. Read more
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NM Fire Chief Under Attack

FC James Breen
From firehouse.com  -The fallout continues after Darren White's retirement as Albuquerque public safety director. Fire Chief James Breen is under attack for not standing up to White after the former public safety director claimed paramedics weren't equipped to take his wife to the hospital after a car accident.  Breen, who faces a no-confidence vote next week, wrote a memo to all firefighters, saying that there "seems to be blood in the water," following White's comments.  More News New Mexico
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ERB Continues to Shoot Itself in Proverbial "Foot"

Jan Goodwin
KOAT - TV - The ERB ended a contract early that cost it hundreds of thousands of dollars more than the board had assumed. This miscalculation comes after Target 7 exposed that the ERB overpaid some of its members by millions. The ERB is entrusted to manage the money of nearly 100,000 current and former public school employees. It’s a lesson you learn in business 101, if you sign a contract, you better know what’s in it. But a state agency made up of people with lifetimes worth of business experience did not. “Well, I’m thinking someone did not project the cost correctly,” ERB Executive Director Jan Goodwin said.
Target 7 has uncovered that the ERB terminated a contract last July with Rothschild, a New York-based asset management company, 19 days into the quarter and nine weeks before the contract would expire. The ERB said Rothschild wasn’t making enough money compared to other asset managers. The agency estimated the termination would cost $88,000, but it actually cost $724,000. If the ERB let the contract run out, it would have cost hundreds of thousands less. In an email obtained by Target 7, the ERB’s chief financial officer said, “We got an invoice for over $700,000 when we estimated 88” and we “should have known,”… “had we read our own contract.” Later in message he asked what the board is doing to “ensure we do not make errors of this magnitude in the future.” Goodwin was one of four people who made the recommendation to cut the contract early. “We thought it was a greater risk to keep them on rather than lose more money,” Goodwin said. Goodwin said she believes the fund would have lost $7 million over the remaining nine weeks if the ERB stayed with Rothschild. Up until the point when the ERB severed ties, Rothschild had made the fund millions in profit. Read full story here: News New Mexico

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Bok: Illustrating the President's Negotiating Position

Cartoonist Chip Bok illustrates the president's negotiating position. It has not changed since last week. - more of his here










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Tom Udall and Social Security

Tom Udall
At a time when families are already dealing with extremely tight budgets, a default would mean increased costs for just about everything - from food and gas to housing and sending the kids to college. It would also jeopardize critical federal benefits that veterans, seniors and others depend on to pay the bills and stay healthy. For example, more than 360,000 people in New Mexico receive Social Security - for retirement, survivors benefits or disability. If the debt ceiling is not raised by the deadline, the more than 360,000 Social Security recipients in New Mexico would be in danger of their benefits being disrupted. It is time to put partisan politics aside and stop looking at this crisis as a political opportunity to score rhetorical points. It is time to do what is right for New Mexicans. We must increase the debt ceiling, and we must do it by Aug. 2. Go to Udall's Website here: News New Mexico
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Bingaman Lumps Social Security in With Everything

Jeff Bingaman
We looked over Senator Jeff Bingaman's website and found these comments which lump social security in with all other expenditures:
"President Obama is working very hard to make sure the debt ceiling is raised so that Social Security checks are disbursed on time. The president recently said that, without raising the debt ceiling, he could not guarantee that Social Security checks would go out on August 3. Without an agreement in place by August 3 to raise the debt ceiling, the nation's financial obligations would outstrip the nation's incoming revenue, and we would not be able to meet our financial obligations. In August alone, we would face a $134 billion shortfall.
The president would have to choose which financial obligations to pay, deciding between paying the interest on U.S. Treasury bonds or benefits for our seniors, paying troops or providing veterans benefits, disbursing student loans or providing loans to small businesses to make payroll, and many other difficult choices between obligations. Not paying all of our bills could hurt the United States' credit rating, just like what would happen to a person's credit rating if he paid his mortgage but not his car payment. Not paying all of our bills could be equivalent to defaulting on our debts. Picking and choosing which bills to pay is not a realistic option." Go to Bingaman website here: News New Mexico

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Rasmussen Poll: Voters More Worried About Higher Taxes Than Spending Cuts

While Washington wrangles over how to avoid defaulting on the government’s massive debt load, voters are worried the final deal will raise taxes too much but won't cut spending enough. The latest Rasmussen Reports national telephone survey finds that 62% of Likely U.S. Voters are worried more that Congress and President Obama will raise taxes too much rather than too little in any deal to end the debt ceiling debate. Just 26% fear they’ll raise taxes too little. Read full story here: News New Mexico
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