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| Muammar Gadaffi |
Americans Not Buying Obama's Libya Justification
Posted by
Jim Spence
on Thursday, March 31, 2011
Labels:
International News,
U.S. Politics
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Reigning in Fannie and Freddie
Posted by
Jim Spence
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U.S. Politics
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| Steve Pearce |
WASHINGTON, DC – House Financial Services Committee Republicans today unveiled their plan to reform government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. Rep. Scott Garrett (R-NJ), Chairman of the House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, issued the following statement: “Today marks the start of a process – a process to begin winding down Fannie Mae and Freddie Mac. Beginning today, and over the course of the next few months, my colleagues and I on the Financial Services Committee will introduce multiple rounds of very specific, very targeted bills to end the bailouts, protect the taxpayers and get private capital off the sidelines.
The culmination of our efforts will formally wind down the GSEs and return our housing finance system to the private marketplace. “With the American taxpayers on the hook for $150 billion and counting, the bailout of Fannie and Freddie is already the most expensive component of the federal government’s intervention into the financial system.
Americans are tired of the ongoing bailout of the failed government-backed mortgage giants, and they are tired of Democrats’ refusals to address the driving force behind the financial collapse. While Democrats chose to ignore the problem last Congress, House Republicans stand ready to end the bailout and protect American taxpayers from further losses.” Read rest of story here: News New Mexico
Reigning in Fannie and Freddie
Pearce: Senate Democrats Out of Time
Posted by
Jim Spence
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New Mexico News,
U.S. Politics
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Washington, DC (March 30, 2011) Today, Congressman Steve Pearce issued the following statement on the need to pass a responsible long-term spending plan: "The federal government is spending 3.5 trillion dollars for every 2.2 trillion it brings in,” said Pearce. “The Senate has failed to respond to the nation's looming debt crisis that is threatening our economy. The House has taken important first steps, but the Senate refuses to pass even these minimal cuts.
Our Senators must realize that they are jeopardizing jobs throughout our nation and must stop spending money we don't have. It is time that the Senate steps up to provide the leadership and make the decisions Americans need."Pearce: Senate Democrats Out of Time
Quit Downplaying Cartel Threat
Posted by
Jim Spence
Labels:
Border,
New Mexico News
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NMPolitics - States are grappling with the dual problems of immigration and border security, but it’s a no-win situation for them; real solutions must come from Congress and the president. Homeland Security Secretary Janet Napolitano asserts that the border is safe. She claims the cartel violence that has plagued Mexico hasn’t spilled over in a serious way. “There is a perception that the border is worse now than it ever has been. That is wrong. The border is better now than it ever has been,” she was quoted by The Associated Press as saying in El Paso last week. With all due respect, that’s crap. Read full story here: News New Mexico

Quit Downplaying Cartel Threat
King: Signals His Priorities on Driver's Licenses
Posted by
Jim Spence
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New Mexico News
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| Gary King |
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| Dianna Duran |
But Lama's letter doesn't suggest that the attorney general is going to take any further action. In February, Martinez's campaign committee spent $5,648 on radio spots that urged listeners to contact legislators and tell them to support bills aimed at stopping the practice of issuing driver's licenses to undocumented people. The effect was not successful. The House and Senate couldn't agree on the driver's-license bill, so it died. Somos Un Pueblo Unido, an immigrant-rights group, and Common Cause, a group that has advocated for election reforms, complained that the ads violated the Campaign Reporting Act.
On March 3, Duran wrote Somos, saying, "Susana Martinez meets the definition of a "candidate" who has authorized her campaign committee to make expenditures for the purpose of seeking future election to office. ... I have no reasonable belief that Susana Martinez for Governor Committee committed any violation of the Campaign Reporting Act, and I do not intend to refer this matter to the Attorney General or a District Attorney." Martinez and Duran are Republicans. Attorney General Gary King is a Democrat. Read full story here: News New MexicoKing: Signals His Priorities on Driver's Licenses
State Revenue Up $200 Million Year over Year
Posted by
Jim Spence
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New Mexico News
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Capitol Report New Mexico - It doesn’t call for uncorking Champagne bottles but New Mexico received some good economic news this week. The US Census Bureau released its figures for state tax collections and in the fourth quarter of 2010 (October-December), the state received reported slightly more income than in the same time period the year before. In addition, income from severance taxes was up by nearly $20 million. The severance tax receipts are especially critical since those taxes reflect the overall strength of the oil and gas industry in New Mexico, which contribute so heavily to the state’s economic well-being. “I was expecting a slight bump.” Sen. John Arthur Smith (D-Deming) said Wednesday, “due to the price of oil going up lately.” In total, the state collected $1.3 billion in total taxes in the fourth quarter of 2010, up from $1.1 billion raked in at the same time in 2009. Read full story here: News New Mexico

State Revenue Up $200 Million Year over Year
Martinez to Sign Public School Transparency Law
Posted by
Jim Spence
on Wednesday, March 30, 2011
Labels:
New Mexico News
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Santa Fe New Mexican - ALBUQUERQUE — Gov. Susana Martinez plans to sign into law legislation aimed at improving transparency among New Mexico's public school districts and charter schools. A signing ceremony is planned Wednesday afternoon at Sandia High School in Albuquerque.
Among the legislation is a measure that would require financial information about school districts and charter schools to be posted on a government website known as the "sunshine portal." Schools will be required to provide data to the Public Education Department for online publication, including a yearly operating budget, monthly spending as well as a directory of school employees by name, title and salary. Read full story here: News New MexicoMartinez to Sign Public School Transparency Law
Sowell: Measuring Force
Posted by
Jim Spence
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Commentary
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| Thomas Sowell |

It is the old liberal illusion that you can measure out force with a teaspoon, not only in military operations micro-managed by civilians in Washington, like the Vietnam war, but also in domestic confrontations when the police are trying to control a rioting mob, and are being restrained by politicians, while the mob is restrained by nobody. We went that route in the 1960s, and the results were not inspiring, either domestically or internationally. Read full column here: News New Mexico
Sowell: Measuring Force
Williams: Department of Injustice
Posted by
Jim Spence
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Commentary
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| Walter Williams |
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| Eric Holder |
The DOJ has ordered the city to lower the passing score. The lowered passing grade requires candidates to answer 50 of 86 (58 percent) questions correctly on the first part and 64 of 102 (63 percent) of questions on the second. The DOJ-approved scoring policy requires potential police officers to earn the equivalent of an "F" on the first part and a "D" on the second. Based on the DOJ-imposed passing scores, a total of 748 people, 258 more than before, were reported passing the exam. Unreported was just how many of the 258 are black. Keith Lander, chairman of the Dayton chapter of the Southern Christian Leadership Conference, and Dayton NAACP president Derrick Foward condemned the DOJ actions. Mr. Lander said, "Lowering the test score is insulting to black people," adding, "The DOJ is creating the perception that black people are dumb by lowering the score. It's not accomplishing anything." Read full column here: News New Mexico
Williams: Department of Injustice
Williams: Embarking on a New Age of Freedom
Posted by
Jim Spence
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Commentary
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| Armstrong Williams |
Williams: Embarking on a New Age of Freedom












