News New Mexico

Bankruptcy Filings Down in NM

New Mexico Business Weekly - Bankruptcy filings dropped by 8 percent in the U.S. for the 12-month period that ended June 30, the U.S. Bankruptcy Court said Monday. In New Mexico, bankruptcy filings for this calendar year are down 14 percent from the same period in 2010, the New Mexico Bankruptcy Court reported. At the end of October, 4,855 bankruptcy cases had been filed in New Mexico, compared to the 5,618 cases that had been filed by the end of October 2010, the Court said. Read full story here: News New Mexico

Los Alamos: High Concentration of Millionaires

Los Alamos, New Mexico

New Mexico Independent - Los Alamos has the highest proportion of millionaires in the United States, according to a new report by Phoenix Marketing International. The metropolitan area has 885 millionaire households out of a population of 17,950, making 11.7 percent of the Los Alamos population members of a millionaire household. The report credits the city’s wealth to the Los Alamos National Laboratory, a site of important government research that specializes in weapons and bioscience : “Top chemists, engineers and physicists have pulled in hefty paychecks here since 1943, when the lab launched the Manhattan Project.” The median income is $91,741.

The definition of a “millionaire household” is a household with $1 million in “liquid, investable assets,” which excludes business partnerships, real estate and retirement plans, according to the report. The metropolitan areas with the second and third highest concentrations of millionaires are Naples, Fla. and Bridgeport, Conn. Read full story here: News New Mexico

Did T.A. Corporate Ban the Fox News Channel?

News New Mexico has learned through a posse member that TA - Travel Centers of America may have made an important decision on censorship. Apparently, at the corporate level management at TA has decided to ban the showing of the Fox News Channel on all televisions.

News New Mexico placed a telephone call to the TA Center in the Las Cruces, NM area to verify the decision and the local manager did confirm that she was told by the corporate offices that Fox News Channel, the highest rated cable news channel in America, will no longer be allowed to be shown on televisions in the company facilities there. The reason cited was that Fox is just too “controversial.” We placed a call to TA headquarters. So far our call has not been returned. There is no word yet on whether TA has also decided to ban the airing of MSNBC or CNN.

NM Day Cares to Receive More Funding

From koat.com -More than a thousand New Mexico parents may be able to give their children a better start after officials recently announced the state has more money for subsidized child care. Local officials said that with the additional money, 1,300 parents waiting for help with the cost of child care will be off the waiting list. "Unfortunately, there are a lot of families right now living paycheck-to-paycheck, and any additional assistance that they receive is going to help them," Tapia said. At Noah's Ark, staff members said 80 percent of the children they care for have families who need help affording day care. More News New Mexico

Martinez to Talk Economic Development

Susana Martinez

LAS CRUCES – Governor Susana Martinez will be in Las Cruces today to address a meeting of the Las Cruces Forum, a group dedicated to economic development in Southern New Mexico and across the state. Governor Martinez will be the meeting’s keynote speaker and will address a number of economic development topics, including the recent arrival and expansion of companies in Las Cruces and Southern New Mexico, the outlook for January’s legislative session, and key infrastructure projects that are now under way.

Miller: Governor Eliminating Waste and Fraud

Jay Miller

Inside the Capitol - SANTA FE – "I will eliminate waste, fraud and abuse." It's the popular refrain heard from every politician running for office. Gov. Susana Martinez seems determined to actually do it. She immediately took out after waste in state government. She declined to fill many political appointee positions from the Bill Richardson administration – even after Richardson already had cut over 100 of a reported 500 political appointees. Martinez's appointees are considerably below the level during Gary Johnson's fiscally prudent administration.

Susana Martinez

The governor also has continued the modified hiring freeze from the last two years of the Richardson administration. Vacant positions are not filled unless their need can be demonstrated. Gov. Martinez has been similarly frugal with supplies, equipment and the state's motor pool. We don't know about her policy on saving paper clips but she did turn back to the general fund a considerable amount from her office at the end of the fiscal year. Alleged fraudulent use of taxpayer money was a cornerstone of Martinez's campaign a year ago. Since taking office, she has made new appointments wherever she can to guard against future occurrences. Read full column here: News New Mexico

The EPA's Shocking Power Grab in NM

From riograndefoundation.org -The Washington, DC-based Competitive Enterprise Institute (CEI) and the New Mexico-based Rio Grande Foundation have released a new report on the Environmental Protection Agency’s (EPA’s)rampant abuse of power in enforcing the “Regional Haze Provision” of the federal Clean Air Act. Full text of the new report is available here

Occupy Gets the Ink, Tea Party Gets the Votes

From washingtonexaminer.com -Occupy Wall Street and the movement's brethren in other cities ranging from Chicago, to Baltimore, to Oakland, to London -- has been getting all the press lately. But it's the Tea Party movement and its small-government ideology that continues to win elections. Is that a harbinger for 2012? Probably. More News New Mexico

Egolf's New Idea: Create a "State-Owned Bank"

Representative Brian Egolf of Santa Fe has a solution that will seemingly address the "Occupy" movement's disdain for "banks." This morning Egolf boldly tweeted the following:

"Heading to Taos to talk with Taos Move On about moving NM's money out of big national banks and my idea to create a state-owned bank in NM."

We will provide additional details of the Egolf state-owned bank plan as they become available.

Krebs Has Interviewed Candidates for Lobo Job

Paul Krebs

Around the Land of Enchantment Paul Krebs is the man blamed for running off former UNM head football coach Rocky Long. Long is considered by most longtime Lobo fans to be the most successful coach in UNM history and Paul Krebs is quickly becoming the consensus choice for least effective athletic director in UNM history.

Fresh off the firing of Mike Locksley, who was Krebs own hire, the highly paid UNM athletic director ($330,000 plus per year) took to the airwaves last week to spell out what he is looking for this time around. Krebs says his latest search for a new football coach will target a current or former head coach. Krebs has admitted he has already interviewed several people for the Lobos head coach position.

There is no word yet from UNM President David Schmidly on whether he is going to make a change in the athletic department and conduct his own series of interviews. There are many fans who think the man who hired Mike Locksley and ran off Rocky Long should take his share of the blame for what has happened to the Lobo football program under his watch.

News New Mexico

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