Frank - Congress Should Press $90 Billion Bank Tax
Posted by
Jim Spence
on Monday, July 19, 2010
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House Financial Services Committee Chairman Barney Frank said in an interview on Bloomberg Television’s “Political Capital with Al Hunt” airing this weekend that Congress should pursue President Barack Obama’s plan for a $90 billion bank tax to recover funds from the $700 billion bailout fund. Read more here:
Pushing GM, Chrysler to Speed Dealer Closings?
Posted by
Jim Spence
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National News
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The Obama administration’s push to accelerate General Motors Co. and Chrysler Group LLC dealership closings, aimed at helping the companies compete, may not have been necessary and added to unemployment, a U.S. watchdog said. Read more here:
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Pushing GM, Chrysler to Speed Dealer Closings?
Biden - Financial Regulation Measure Removes Uncertainty
Posted by
Jim Spence
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National News,
U.S. Politics
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Congress’s approval of new regulations on Wall Street has helped settle “uncertainty” among business leaders that has been a drag on the U.S. economy, Vice President Joe Biden said. “The very uncertainty they had has now been settled by the passage of the reforms,” Biden said in an interview broadcast today on ABC’s “This Week” program. Read more here:
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Biden - Financial Regulation Measure Removes Uncertainty
Confidence Plunges, Again
Posted by
Jim Spence
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National News
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Confidence among U.S. consumers tumbled in July to the lowest level in a year, heightening the risk of a slowdown in economic growth. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment decreased to 66.5, the lowest since August and less than the most pessimistic forecast of economists surveyed by Bloomberg News. Another report showed inflation cooled last month. Read more here:
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Confidence Plunges, Again
Boulevard of Broken Dreams
Posted by
Jim Spence
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New Mexico News
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The mayor has already come out in favor of the 100% privately funded extension of the four lane thoroughfare known as North Sonoma Ranch Boulevard. He did so Wednesday morning July 7th on News New Mexico.
At stake for the community is $10 million in direct economic stimulus. The good news for taxpayers is the source of the road building funding comes entirely from liens on 1100 acres of land held by a single property owner. And the New Mexico Finance Authority has already given the indication of its intention to buy the entire Special Assessment District bond issue. This means with a few more administrative steps the funding can be in place with no financial risk to the city. The bad news is somehow moving this project along has not made it to a vote.
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Through e-mail exchanges with Councilor Thomas NewsNM has discovered that she disagrees with the mayor's position on this project. Contact information for all members of city council and the Las Cruces Public School Board are posted on the Call City Hall page of the News New Mexico website.
Boulevard of Broken Dreams
Governor Richardson Talks Border Security
Posted by
Jim Spence
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New Mexico News
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New Mexico Governor Bill Richardson appeared on CBS's Face the Nation television program yesterday and weighed in with his thoughts on the soon to take effect Arizona border security law.
Richardson applauded the decision by Attorney General Eric Holder to add to his U.S. Department of Justice expenditures. The Holder decision does represent new borrowing to finance the suing of Arizona. News New Mexico has audio clips of the governor's statements and we will discuss his comments on the radio show this morning. Arizona senatorial candidate J.D. Hayworth took issue with Richardson's views. We will play clips of what he had to say also.
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Richardson applauded the decision by Attorney General Eric Holder to add to his U.S. Department of Justice expenditures. The Holder decision does represent new borrowing to finance the suing of Arizona. News New Mexico has audio clips of the governor's statements and we will discuss his comments on the radio show this morning. Arizona senatorial candidate J.D. Hayworth took issue with Richardson's views. We will play clips of what he had to say also.
Governor Richardson Talks Border Security
Stories about Sex Offenders entering the US illegally
Posted by
Michael Swickard
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Border
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From the Holtville Tribune - Calexico, Calif. – U.S. Border Patrol agents assigned to Calexico Station arrested a convicted sex offender who was illegally present in the United States early Thursday morning in the desert east of Calexico, Calif. On July 8, at approximately 5:45 a.m., agents encountered a 41-year-old male approximately 16 miles east of the downtown Calexico port of entry. It was determined he was a citizen of Mexico without any legal immigration documents. He was subsequently arrested and transported to the Calexico Border Patrol Station for further processing. At the station record checks revealed the man had previously been convicted of Lewd and Lascivious acts with a minor in Santa Paula, Calif. The individual is being prosecuted for 8 USC 1326 re-entry after deportation.
In a copyrighted story KVIA Television in El Paso reported that a 29 year old man was arrested attempting to cross the border illegally. He had a criminal history including criminal sexual pentration of a child younger than 13 and many other crimes... read here
Stories about Sex Offenders entering the US illegally
Commentary by Walt Rubel - Steele's criticism brings up old debate
Posted by
Michael Swickard
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Commentary by Walt Rubel - Steele's criticism brings up old debate
Joseph Phillips - New Black Panther Party
Posted by
Jim Spence
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In its coverage of the Philadelphia voter intimidation case, conservative media has unfortunately chosen sensationalism over clarity. There are layers to this case to be explored that might highlight the idealism of the right and expose the pessimism of the left. Unfortunately, those layers of exploration are not as sexy as the continuous video loop depicting New Black Panther Party member King Samir Shabazz screaming about killing crackers. Read more here:
Joseph Phillips - New Black Panther Party