News New Mexico

GOP Holds "We Did Build This" Rally

Heather Wilson

Roswell Daily Record - That was the message propelled countrywide, Wednesday, by Victory 2012, the nationwide campaign to elect Gov. Mitt Romney president. The Romney campaign held 24 “We Did Build This,” events in 12, mostly swing states, in response to comments made by President Barack Obama at a campaign event in Roanoke, Va., on July 13. Obama, touching on the government’s role in aiding entrepreneurs, said at the campaign stop, “Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that. Somebody else made that happen.” “We didn’t build it? Well I’m trying to figure out who did,” said Jim Mannatt, owner of Mannatt and Co. Realtor. Joined by wife Marilyn, Mannatt spoke to an audience of area Republicans, as a small-business owner of a real estate company with five employees, and two small energy companies. “When your leadership comes from the public sector, and has no experience in making a payroll, or meeting the responsibilites of the private sector, and never had a job in the private sector, that tells us as Americans and residents of Chaves County how dangerously out of touch our leadership in Washington is with what goes on in America on Main Street that makes this country great and creates jobs,” he said.In addition to Mannatt, former congresswoman and GOP U.S. Senate candidate Heather Wilson spoke at the Roswell event, hosted at the Volunteer Center, 1400 W. Second St. Wilson, who previously owned a small business in Albuquerque, protested Obama’s desire to curtail the Bush-era tax cuts for Americans making more than $250,000 annually. Citing an Ernst & Young study, Wilson said, “That tax increase alone here in New Mexico would result in another 4,300 lost jobs. If you want to kill job creation in America then you increase taxes on small businesses that are the engine of economic growth in America. I think it’s time we send some people to Washington who believe in small business, who believe in economic growth, and who don’t want to manage America’s decline, but build another American (century) and that’s what I’m going to do in Washington.” Read More News New Mexico

In New Mexico, daredevil skydives from 18 miles above Earth

Baumgartner courtesy of Jay Nemeth

Reuters - An Austrian daredevil jumped from a balloon flying at an altitude more than 18 miles above Earth on Wednesday, falling at speeds topping 500 miles per hour (805 kilometers per hour) in a training run for his attempt to make the world's highest skydive. Felix Baumgartner landed safely in a desert near Roswell, New Mexico after leaping from an estimated 96,940 feet wearing a pressurized space suit equipped with an oxygen supply. The test parachute jump was the second for Baumgartner, who is on a quest to complete a record-breaking skydive from 120,000 feet in the coming weeks. He also hopes to become the first man to break the speed of sound at 700 mph in a free fall. "Only one more step to go," Baumgartner said in a statement. The current record for the highest altitude skydive is 102,800 feet. It was set 52 years ago by U.S. Air Force Captain Joe Kittinger, who is serving as an adviser to Baumgartner. Read More News New Mexico

courtesy of www.conservativedailynews.com

www.janice2012.us

MIT Scientist Rains on Sandia's Climate Change Parade

Dr. Richard Lindzen

“The reward for solving problems is that your funding gets cut. It’s not a good incentive structure.”
NMWatchdog - Dr. Richard Lindzen of MIT spoke at the invitation of Sandia National Laboratories in Albuquerque, New Mexico to offer his criticisms of the the theory that human activity is causing the planet to warm at a dangerous rate.
Lindzen, the ninth speaker in Sandia’s Climate Change and National Security Speaker Series, is Alfred P. Sloan professor of meteorology in MIT’s department of earth, atmospheric and planetary sciences. He has published more than 200 scientific papers and is the lead author of Chapter 7 (“Physical Climate Processes and Feedbacks”) of the International Panel on Climate Change’s (IPCC) Third Assessment Report. He is a member of the National Academy of Sciences and a fellow of the American Geophysical Union and the American Meteorological Society.
“Climate scientists have been “locked into a simple-minded identification of climate with greenhouse-gas level. … That climate should be the function of a single parameter (like CO2) has always seemed implausible." Read full story here: News New Mexico

No Spending Cuts in Sight: Senate Democrats Attempt to Raise Taxes

CNN - The U.S. Senate on Wednesday passed a Democratic plan to extend the Bush-era tax cuts for middle income Americans while rejecting a Republican alternative to continue all of the cuts -- twin votes that help to crystallize the position of the two parties on a critical issue heading into the fall campaign.

The Democratic proposal passed in a sharply polarized 51-48 vote, while the Republican plan was defeated 45-54.

Vice President Joe Biden, the constitutional presiding officer of the Senate, was on hand to cast a tie-breaking vote if necessary.
Strategists on both sides of the aisle acknowledge that neither plan has a chance of passing both the Democratic-controlled Senate and the Republican-controlled House of Representatives. GOP leaders in the House have indicated they have no intention of bringing the Democrats' plan to a vote. Read full story here: News New Mexico

Weill - "Split Up Investment Banking from Banking"

CNN - The man responsible for creating Citigroup -- the world's first financial supermarket -- said Wednesday that the nation's largest banks should be broken up in order to protect taxpayers. Former Citigroup chairman Sandy Weill -- who engineered a series of corporate takeovers and lobbying efforts to create Citigroup -- explained during an interview on CNBC why he now thinks a firewall between commercial and investment banks is needed. "What we should probably do is go and split up investment banking from banking," Weill said. "Have banks do something that's not going to risk the taxpayer dollars, that's not too big to fail." Read full story here: News New Mexico

Duke City Black Widows in Big Numbers

KOAT - Black widow spiders are descending on the metro in untold numbers this summer. The spider, which carries a poisonous bite, is more prevalent this year, according to experts like Jay Lee. "The warm winter just has a higher population," says Lee, who runs Pirate Pest Control out of Rio Rancho.
Lee says he has seen a huge spike in calls about the spiders. It isn't a suprise to Lindsay Balmer, who tells Action 7 News there are at least two dozen webs in her backyard alone. "The females are about silver-dollar size," says Balmer. Read full story here: News New Mexico

It was another day same news different people massacre

Commentary by Michael Swickard, Ph.D. - In the Albuquerque KOB-TV newsroom where I worked years ago was a sign, “Another Day, Same News, Different People.” Every day there were stories of auto accidents, shootings and investigations. They just happened to different people. Last Friday there was another massacre. The details do not matter. The reason for this latest murderer killing a bunch of innocents does not matter. The only thing that matters is the ease by which this was done. It was the latest of many “fish-in-a-barrel” shootings where victims have no way to fight back. The perpetrator started shooting knowing he was the only person armed because he was in a gun-free zone. The attraction for the shooter was that these victims were defenseless. The predictable political response after each of these “fish-in-the-barrel” massacres is that guns should be outlawed. Calls to disarm our population ignore that in Mexico guns have been outlawed yet Mexico is overrun with gun violence. Like our massacres, the citizens of Mexico are exterminated without recourse by criminals who smuggle in drugs and guns from all over the world. The Mexican government cannot stop them. Picture this: in the Old West a group of citizens are in a theatre when a gunman bursts in and starts shooting. What happens? The perpetrator is turned into a human sieve by the return fire from the audience. People in the Old West were armed. Do we have any Old West examples of someone attacking a group of people similar to our current massacres? We do not. Read column

Audit the Fed Legislation Passes the House

Steve Pearce

Congressman Pearce issued the following statement on the House of Representatives’ passage of H.R. 459, legislation which would mandate a complete audit of the Federal Reserve Banks and the Board of Governors of the Federal Reserve System (the Fed) to be done by the Government Accountability Office (GAO). Pearce voted in favor of the legislation which the House approved in a vote of 327-98. “While I appreciate Chairman Bernanke’s verbal commitment to transparency, the American people deserve full access to information on how tax dollars are being spent. Given the Fed’s influence on U.S. financial policy and its lack of oversight, many Americans are concerned that it has become a hindrance to economic growth and prosperity.” Established under the Federal Reserve Act of 1913, the Fed was created with the intention of preventing financial disruptions by supervising and regulating the banking industry. Since that time, the role of the Fed has expanded under numerous provisions, such as the Banking Act of 1935, the Employment Act of 1946, the Bank Holding Company Act of 1956, and others. Read More News New Mexico

SIC reallocating more than $7B in investments

New Mexico Business Weekly - The New Mexico State Investment Council is in the middle of what might be the biggest asset reallocation effort in the U.S., shifting more than $7 billion to different investments and investment companies, State Investment Officer Steve Moise said Wednesday. The SIC, which manages $15.2 billion in state funds, has fired more than a dozen asset managers in the past two years and replaced them, Moise said during a breakfast presentation to the Economic Forum of Albuquerque. In addition, the SIC has sued 17 people in an attempt to collect “tens of millions of dollars” in lost earnings and improper fees that resulted from alleged pay-to-play schemes that plagued the SIC during the administration of former Gov. Bill Richardson, Moise added. “We are going to sue others, we are going to sue funds and we are going to sue managers,” Moise said. “We hope to recover tens of millions of dollars. Time will tell.” Read More News New Mexico

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