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| Michael Jacobs |
Grand jury indicts owners of Rio Grande Studios
Posted by
AHD
on Tuesday, April 3, 2012
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Gary King,
New Mexico News,
Rio Grande Studios
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New Mexico Business Weekly - Attorney General Gary King has filed charges against Michael Jacobs and Ruby Handler-Jacobs after a grand jury indicted the couple for the alleged illegal sale of security interests in Rio Grande Studios that brought in more than $500,000 of investment proceeds. The studios filed for bankruptcy last year. The indictment lists 57 counts, including fraud and the sale of unregistered securities. The grand jury noted that the couple were owners and operators of Rio Grande Studios, a limited liability corporation in Bernalillo County, and indicated that through the studios, the couple offered to sell investments to various people in New Mexico and the U.S., but did not register Rio Grande Studios’ investment plan with the New Mexico Securities Division. Individual investments ranged from $500 to $100,000, according to the indictment, and investors allegedly were told by the Jacobses that the studios would expand from its location in Albuquerque to a large development that would include a movie studio, baseball stadium, amusement park, shopping district, hotel and racetrack. Read More News New Mexico
NM Supreme Court: Sunland Park mayor still can’t be sworn in
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AHD
Labels:
Breaking News,
New Mexico News,
Sunland Park
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| Supreme Court (Nikolewski) |
NM Supreme Court: Sunland Park mayor still can’t be sworn in
Uranium deconversion plant gets New Mexico air permit
Posted by
AHD
New Mexico Business Weekly - The New Mexico Environment Department has approved an air permit for International Isotopes Inc.’s planned spent-uranium deconversion plant near Hobbs. When complete, the $125 million facility will process depleted fuel from Urenco USA’s uranium enrichment plant in Eunice. International Isotopes will extract fluorine gas from the spent uranium for use in microelectronic and photovoltaic manufacturing. The company will need more state permits and a license from the U.S. Nuclear Regulatory Commission before commencing operations. But the air permit allows International Isotopes to begin construction work, said President and CEO Steve Laflin in a prepared statement. Read More News New MexicoUranium deconversion plant gets New Mexico air permit
Having Lost 511 - 0 on His Budgets, Obama Criticizes the Ryan Budget, NM Dems Stand for Nothing
Posted by
Jim Spence
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Spence Columns
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Today President Obama had the temerity to criticize Paul Ryan's effort to bring budget reform to the nation. Last week it was his own party that delivered the most stinging criticism of President Obama's own budget proposal. Not with their words of course. Nevertheless his budget was defeated 414-0 in the House of Representatives. It was the exact vote total within his own party that Obama tallied last year when the president’s budget was rejected 97-0 in the Democratic-controlled Senate. These repudiations of Obama's leadership should serve as a wakeup call to everyone who insists on deluding themselves into thinking this man is capable of leading. He is allegedly managing a process that spends $3.5 trillion a year.
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| Martin Heinrich |
It is simply astonishing that over the course of two fiscal years President Obama has been unable to convince even a single member of his own party, in either the House of Representatives or the U.S. Senate, to give him a yes vote on either one of his budget proposals.
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| Ben Ray Lujan |
And so it has become very clear for New Mexico voters. Tom Udall and Jeff Bingaman routinely defend this president's budget approach and attack Republicans. And yet when offered an opportunity to put their votes where their political rhetoric is, they shrink from their responsibilities. And in the U.S. House, New Mexico’s Ben Ray Lujan and Martin Heinrich are nothing, if they are not consistent bashers of any and all Republican budget policy proposals. Lujan and Heinrich also defend this president at every turn. Again, when offered the opportunity to simply vote yes for the budget offered by their president, the man they claim is their leader, they shirk their duty and vote no.
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| Tom Udall |
Like Bingaman and Udall, both Heinrich and Lujan vote NO on every budget proposal. The truth of the matter is Bingaman, Udall, Heinrich and Lujan support Washington doing exactly what it has been doing for three fiscal years. They are quite OK with spending nearly $4 billion a day more than the federal government takes in as part of "continuing resolutions." These men are cynical. And so far their cynicism has been rewarded. They think if they don’t vote for anything, the president’s budget, Paul Ryan’s budget, or anyone else’s budget, they can’t be BLAMED by voters. All they really want to do is keep their jobs in Washington. Amazingly, Martin Heinrich actually is seeking a promotion for all of the shrinking and shirking of his basic responsibilities. Is anyone going to demand these men stand for something……anything? Time will tell.

Having Lost 511 - 0 on His Budgets, Obama Criticizes the Ryan Budget, NM Dems Stand for Nothing
Another "Solar Trust" Fantasy Files for Bankruptcy
Posted by
Jim Spence
Labels:
Energy
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Washington Examiner - In keeping with the recent trend of so-called green companies going into the red, another solar energy company supported by President Obama's top administration officials declared bankruptcy today. Solar Trust for America received $2.1 billion in conditional loan guarantees from the Department of Energy -- "the largest amount ever offered to a solar project," according to Energy Secretary Steven Chu -- for a project near Blythe, Calif., but declared bankruptcy within a year. It is unclear how much of the guarantee, if any, was actually awarded. Senior officials in Obama's administration had very high hopes for the Blythe project. Interior Secretary Ken Salazar attended the groundbreaking ceremony, which he described as "a historic moment in America’s new energy frontier" and "another important step in making America’s clean energy future a reality." Chu trumpeted at the time that Solar Trust would prove that "when we rev up the great American innovation machine, we can out-compete any other nation." The embarrassment should be bipartisan. "This is a huge milestone for our community," Rep. Mary Bono Mack, R-Calif., said when the company received its loan guarantee. "I look forward to continuing my work supporting projects . . . that will harness our local energy resources and help reduce our nation’s dangerous dependence on unstable foreign oil.” Read full story here: News New Mexico

Another "Solar Trust" Fantasy Files for Bankruptcy
Legal Tab for Redistricting $5 Million?
Posted by
Jim Spence
Albuquerque Journal - With $1.2 million already shelled out, another $3.9 million on the table and some bills still in the pipeline, the legal costs of the recent redistricting could be on track to top $5 million. Taxpayers will pick up the tab for the redrawing of district boundaries for elected officials, which ended up being done by a court this year after a clash between Republican Gov. Susana Martinez and the Democratic-controlled Legislature.
For the redistricting of 2001-02 — some of which also went to court — the state paid more than $3.7 million in legal costs. Martinez said she wanted to curb the costs of the recent redistricting fight, and on Monday her lawyers filed a petition with retired state District Judge James Hall objecting to the awards sought by lawyers for Democratic plaintiffs and a group of Indian tribes.Legal Tab for Redistricting $5 Million?
Million Dollar Ticket Sold in NM
Posted by
Jim Spence
on Monday, April 2, 2012
KOAT - ALBUQUERQUE, N.M. - A ticket sold in New Mexico matched all five white balls to win $1 million in Saturday's Powerball drawing. The winning numbers are 5, 14, 36, 54, 58 and the Powerball number is 27. In Friday's Mega Millions drawing, even though no one in the state brought home the big prize, more the 87,000 winning tickets were sold. Eight of those tickets missed the millions by just one number. One lucky person will get $250,000 and seven tickets will bring home $10,000. "When a jackpot skyrockets, it's easy to forget that there are eight other ways to win playing both Powerball and Mega Millions. We're reminding all our players to check their tickets because many people won great prizes this weekend," said Tom Romero, New Mexico Lottery chief executive officer. A $515,000 Roadrunner Cash jackpot from the game's February 28 drawing is still unclaimed. The ticket matches the winning numbers of 3, 7, 16, 17 and 23. Read full story here: News New Mexico

Million Dollar Ticket Sold in NM
Republican state rep denies charges of improper residency
Posted by
AHD
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| Rick Little |
Representative Little will join the Tuesday Morning News New Mexico broadcast at 8am to discuss the following allegations made by ProgressNow New Mexico. Capitol Report New Mexico - A liberal blog says a Republican member of the Roundhouse has serious residency issues but Rep. Rick Little (R-Chaparral) tells Capitol Report New Mexico he’s properly listed at an address within his district. On Monday morning, ProgressNow New Mexico reported that property and business records list Rep. Little’s permanent residence as 305 Mesilla View in Dona Ana County but his family residence is a number of miles away at 2301 Nike Air Road. According to the blog post, “While New Mexico law may allow person to register to vote at a location where they have established residency and intend to return, property records show that Little’s commercial property contains no residential structures and is not permitted for residential use.” But in a phone interview Monday (April 2), Little said, “Well, I didn’t want this to get out in a public forum but recently my wife and I got divorced. My residence is 305 Mesilla View. We’re reconciling. She’s on 2301 Nike Air. She’s living there until we get remarried again.” Read More News New Mexico
Republican state rep denies charges of improper residency
Chavez Facing Voter Fraud Investigation
Posted by
Jim Spence
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| Eleanor Chavez |
Chavez, who has been a New Mexico State Representative since 2009, is seeking the seat vacated by Eric Griego, who is now running for a U.S. congressional seat.
One of her primary challengers, Michael Padilla, was the first to raise the allegations that Chavez’s campaign forged the signatures of constituents to gain the necessary signature requirements for the petition.
The KOB 4 On Your Side team began looking into the claims and found at least five people listed on the petition denied ever knowing, meeting, or signing any petitions for Chavez.
4 On Your Side visited random homes listed on the petition. The homeowners included Michelle Stark, Ryan Stark, Alfred Howell, Victoria Deer, and Joseph Dangelo all who said on camera that they never signed Chavez’s petition. Read full story here: News New Mexico
Chavez Facing Voter Fraud Investigation











