APS board to discuss suing state for funding

From KOB.com - By: Jeff Maher, Eyewitness News 4 - KOB Eyewitness News 4 has learned there is going to be some serious discussion Friday morning with some APS school board members pushing the district to sue the state. They would be trying to get millions they say the state should be giving the school district. Not all school board members think a lawsuit is the best move to take. APS school board President Marty Esquivel says suing the state could backfire on the school district. He says it could cost up to $1 million and with appeals, could go on for years. And he says there is no guarantee that constitutionally, the courts have the authority to mandate a certain amount of funding for the state to give to education. "This is nothing that I think APS could do on its own, other school districts would have to step up and be apart of it," Esquivel said Thursday. Esquivel says public education currently makes up about 45 percent of the state's budget. He says that used to be higher; about 53 percent more than a decade ago. Some school board members, including Robert Lucero, are not satisfied with that, and are pushing for a lawsuit. "The constitution states clearly that education is supposed to be funded adequately," said Lucero. Lucero points out that previous successful lawsuits against the state have ensured a set amount of funding to be allocated to state prisons for each prisoner. He thinks APS could do the same. Read more

Clinton comes to N.M., gives presidential plug for Denish

From the Santa Fe NewMexican.com - (photo by Jane Phillips of the New Mexican) ESPAÑOLA — Former President Bill Clinton, campaigning here for Democratic gubernatorial candidate Diane Denish, got huge cheers Thursday from the Northern New Mexico crowd when he picked up on Denish's recent campaign theme of casting Republican opponent Susana Martinez as a Texan who wants to give New Mexico's water to her home state. Thousands of people attended the afternoon rally under an unseasonably hot sun at Española's Plaza. Clinton said he felt sorry for Texas needing water. But he quipped, "New Mexico needs a governor, too. Texas doesn't need two." The Denish campaign, trailing in the polls and lagging in northern Hispanic support, increasingly has attacked Martinez as "Susana Tejana," including a recent television spot featuring Democratic lieutenant governor candidate Brian Colón. And the campaign has tried to appeal to northern rural Hispanics by raising the emotional image of rich Texans using Martinez to get this state's water — a charge the Martinez campaign has vehemently denied. Even if Martinez did want to send extra water to the Lone Star state, a governor has no power to do so. Water shares from both the Pecos River and Rio Grande that flow through New Mexico into Texas are governed by interstate stream compacts, multi-state commissions and court settlements. Read more

CURRENCY WARS: Japan sets interest rates at 0

From Jerome Corsi's Read Alert - Japan's central bank has launched a 5 trillion yen ($60 billion) effort to buy a wide range of debt, including government bonds, corporate IOUs, real-estate investment trust funds and exchange-traded funds, setting off global concerns that central banks around the world are prepared for more quantitative easing. This came as the dollar hit fresh lows, reaching a record low against the Swiss franc, a 27-year low against the Australian dollar and a 15-year low against the Japanese yen. The Federal Reserve appears ready to restart the huge bond-buying effort ended last March, resuming government bond purchases as early as its next upcoming Nov. 2-3 scheduled meeting. What this means is that the Federal Reserve has decided to go back into the business of buying U.S. Treasury-issued debt by reinvesting into longer-term U.S. Treasury bonds the proceeds from expiring Fannie Mae and Freddie Mac mortgaged-backed securities that the Fed bought, mostly last year. "With interest rates already close to zero, the Fed will have to execute any monetary stimulus through the management of its balance sheet," the Financial Times in London reported. In the six weeks since the Fed announced that it would begin further easing of monetary policy, using its balance sheet to buy Treasury debt – part of a "quantitative easing" policy – the dollar has fallen 7 percent against a basket of currencies, the Wall Street Journal reported Friday. The moves by the Japanese and U.S. central banks indicate that global monetary policy is approaching the end of the road, having exhausted nearly every tool of monetary policy available to stimulate economies that remain resistant to job growth. With economic indicators again deteriorating, the White House is in near panic-mode, worried the economy will nose-dive just before the November mid-term elections into the second dip of the most serious economic downturn the U.S. has experienced since the Great Depression of the 1930s. Last week, Japan's central bank also moved rates to near zero, joining the United States Federal Reserve in using the last full measure of traditional monetary policy to stimulate economic growth. Read more

A Plan for Obama: GET OFF OIL

This is the second of 14 proposals for President Obama to start leading again by the Council on Foreign Relations - by R. James Woolsey - Americans borrow $1 billion a day to import oil. This is a huge share of the U.S. trade deficit and a major factor in weakening the dollar. Hundreds of billions a year go to the Middle East and end up funding improvised explosive devices and Wahhabi schools, which teach hatred of other religions, the stoning of women, death to apostates and homosexuals, and the need to work toward a worldwide caliphate. It is not an accident that 8 of the 10 largest oil exporters are dictatorships or autocratic kingdoms whose rulers profit massively from oil's gigantic economic rents. Oil also causes terrible environmental problems. Not only are its carbon emissions nearly as much as those of coal, but the so-called "aromatics" (benzene, toluene, and xylene) that constitute about one-quarter of what's in our gasoline tanks are highly carcinogenic. Careful and authoritative studies put the cost of dealing with the aromatics' damage to our health and consequently shortened life spans at well over $100 billion annually. For too long, American politicians have said that "foreign oil" is a problem and then gone on to propose ineffective or impossibly expensive solutions. Barack Obama needs to move away from oil, period. "Drill, baby, drill" can help some with the U.S. balance of payments, but will do nothing to undermine OPEC's control of the oil market. Nor are expensive nuclear power plants or wind farms the answer -- only 2 percent of U.S. electricity comes from oil. Cap and trade? The only major environmental policy measure that Obama has seized on is possibly a useful tool, if done right, for discouraging high-carbon electricity generation -- but it has almost nothing to do with oil's use in transportation. And besides, Obama hasn't been able to get it passed by Congress -- nor will he. Read more

Aggie Volleyball Holds Off Boise State 3-2

bleedCrimson.net Report
It looked easy at times and it looked hard at times but in the end the Aggie volleyball team came away with a 3-2 victory over visiting Boise State on Thursday night to improve to 5-1 in WAC play and 11-9 overall. The Aggies dropped the first set 25-20 before winning sets two and three 25-19 and 25-12. The Broncos forced the fifth set by winning set four 25-21 but the Aggies would prevail winning the fifth set easily 15-7.
Kelsey Brennan took over for the Aggies in the fifth and deciding set scoring the final five points of the set via a block assist, three consecutive kills and then a block assist on match point to help the Aggies extend their winning streak over the Broncos to 13 matches.
The Aggies dropped the first set 25-20 after leading 11-8 early. The set would be tied at 15 points apiece before the the Broncos would go on a 5-1 run to take a 20-16 lead. The Aggies would trim the lead to two points at 21-19, however, the Broncos would go back up by four points at 23-19 after a Whitney Woods attack was blocked by Sadie Maughan and Cailin Fellows. The Broncos would take the set 25-20. Click here to read more.


Obama administration reverses Bush policy on bull trout habitat

From the Missoulian - GRANTS PASS, Ore. - The Obama administration on Tuesday greatly expanded protections for waterways critical to the restoration of threatened bull trout, making it tougher for agencies to approve logging, mining and livestock grazing across a large swath of federal land in the West. The final rule issued by U.S. Fish and Wildlife Service represented a major expansion of the streams, lakes and reservoirs protected as critical habitat for the fish, primarily on federal lands in Oregon, Washington, Idaho and Nevada, and a reversal of Bush administration policy on endangered species. The new ruling protects 19,000 miles of streams, which is five times more than the 2005 rule, and 490,000 acres of lakes and reservoirs, which is more than three times greater than previously ordered. An economic analysis estimates the habitat protections will increase federal government spending $5 million to $7.6 million a year over the next 20 years. Costs include more time for biologists to consider if federal projects will harm bull trout habitat, and for restoring habitat, improving fish passage around dams primarily in Oregon's Willamette Valley, and changing forest management. Read more

Jobless Claims Up ......... Again

Companies in the U.S. are buying more foreign-made semiconductors and cars as they invest in equipment and build stockpiles, while also keeping a tight rein on payrolls, reports today showed. The trade deficit widened 8.8 percent to $46.3 billion in August from $42.6 billion the prior month as a rise in imports swamped gains in exports, Commerce Department figures showed today in Washington. The number of Americans filing claims for jobless benefits unexpectedly climbed by 13,000 to 462,000 last week, according to the Labor Department. Read more here:

Judge Rules Against Obama/Holder Attempts to Dismiss

(Reuters) - U.S. states can proceed with a lawsuit seeking to overturn President Barack Obama's landmark healthcare reform law, a Florida judge ruled Thursday. U.S. District Judge Roger Vinson had said at a hearing last month that he would block efforts by the Justice Department to dismiss the lawsuit, led by Florida and 19 other states. "In this order, I have not attempted to determine whether the line between constitutional and extraconstitutional government has been crossed," Vinson, of the U.S. District Court for the Northern District of Florida, wrote in his ruling."I am only saying that ... the plaintiffs have at least stated a plausible claim that the line has been crossed," Vinson said. Read more here:


Richardson and Robert Redford Against Dr. No

Robert Redford
From Capitol Report New Mexico - As reported by Tom Cole in this morning’s Albuquerque Journal (Oct. 13), Gov. Bill Richardson has appropriated $1.75 million in stimulus funds for renovations to Los Luceros, the state-owned ranch that is headquarters for a film institute run in collaboration with Robert Redford. With state government running at least a $250 million deficit, needless to say the legislature’s most well-known fiscal hawk — state Sen. John Arthur Smith (D-Deming) — is giving two big thumbs down to this effort: Read more and listen to Senator John Arthur Smith of Deming here:

Brian Colon Past Due on Debt Obligations

Brian Colon
From the Weekly Standard - Recently uncovered documents reveal that Democratic nominee for lieutenant governor Brian Colón has refused to make payments on a condo that he owns in Florida. A representative of the Sunrise Lakes Condominium Apartments association in Sunrise, Florida claims that Colón has refused to pay his mortgage and his maintenance fee, which has resulted in a lien being placed on the property. The representative says that Colón inherited the property in 2008, and that since then he has refused to respond to requests to pay for outstanding fees and mortgage payments. Colón is listed as the responsible party for the property. Letters and phone calls have been sent to Colón and his campaign in order to reclaim payment, but so far they have been ignored. Read more here:


Luevano: The Party of No Corruption Ideas

Johnny Luevano Jr.
From NMPolitics.net - The GOP is often referred to as the “party of no ideas” by the party of “the cool uncle” due to the perceived lack of substantive idea proposals on behalf of the Republican Party. The truth is that there are many substantive idea proposals within the GOP on a variety of different public policy issues. The Susana Martinez for governor team has put together some very solid public policy proposals, and their no ‘corruption’ ideas have deeply resonated within New Mexico. I think many folks, including myself, have underestimated the public’s frustration with the Democratic “corruption gone wild” style of governing. read more here:

Heath: Stop Using Government E-Mail for Political Purposes

Heath Haussamen
From NMPolitics.com - I’ve written about this before, but three incidents from the last few days make me think it’s time to say it again: It’s not appropriate to use government e-mail for political purposes. If you have any doubt about that, the director of the state personnel office sent an e-mail to all state employees in 2008 making it clear that using the state e-mail system for distributing political messages or engaging in political activity is prohibited. Read more here:


Hanson: America's Depressed by Being Broke

Victor Davis Hanson
We will learn in November just how angry the public is about a lot of things, from higher taxes to massive unemployment. But the popular uproar pales in comparison to the sense of humiliation that we Americans are quite broke. In 2008, the public was furious at George W. Bush, not because he was too much of a right-wing tightwad, but because he ran up a series of what were then thought to be gargantuan deficits. The result was that under a supposedly conservative administration, and despite six years of an allegedly small-government Republican Congress, the deficit nearly doubled from $3.3 trillion to $6.3 trillion in just eight years. Read more here:

Howard Rich: The Folly of "Stimulation"

Ben Bernanke
From Townhall.com - No public official has been more integrally involved in the federal government’s “Great Intervention” than U.S. Federal Reserve Chairman Ben Bernanke. Over the course of three years (and two administrations), Bernanke has aggressively and successfully lobbied for trillions of dollars in government bailouts, deficit spending, loan guarantees and “quantitative easing.” From his perch at the secretive Fed, Bernanke has also kept interest rates artificially low by investing heavily in treasuries – although these low borrowing costs have chiefly benefited the government, not the American people. Read more here:


Kudlow: Obama the Alien

Larry Kudlow
Believe it or not, with jobs falling for four consecutive months and unemployment stubbornly high near 10 percent, President Obama is out on the campaign trail bashing businesses and promoting class warfare.Huh? Oh my gosh is he off message. He's slamming the Chamber of Commerce for allegedly using foreign money in campaign ads, even though there's not one shred of evidence of this. Huh (again)? Is the Chamber really a big election-year issue? Is it causing high unemployment? Of course, Obama never mentions the unions, including the SEIU and AFL-CIO, and all their foreign money from their big international affiliates. Instead, he extends his own cast of villains, attacking special interests, Wall Street banks, corporations, the oil industry, the insurance industry, credit-card companies, AIG and ExxonMobil. ExxonMobil? What did it do? Oh, they're an oil company. Phew Kind of anti-business, wouldn't you say? Read more here: