Petraeus: Loans force families apart

Many military homeowners who saw their homes plummet in value in the financial crisis still can’t get relief from “under water” mortgages that leave families owing more to loan servicers than their homes are worth. The situation is especially difficult for the military where families must move every two to four years. Some affected members, […]

Everybody’s business: Financial statements quarterly necessity

As we start 2012 this is a good time to reflect on past accomplishments, future endeavors, and failures. Failures can build or weaken a business depending on the step taken immediately following the mishap. One important step is to begin a concise review analyzing why the failure happened and what tools are needed to prevent […]

No easy escape from financial crisis

Tea party conservatives have been told to accept their victory and go home. They really took it to President Barack Obama and all the old liberals in Congress, some contend. “The winner is the tea party,” said conservative commentator Charles Krauthammer on Fox News. “They have changed the debate in the country. I think they […]

Monday morning briefing: Where to wear your heart, financial aid and here come the 70s

Good morning and Happy Valentine’s Day. It’s the Freedom New Mexico Monday briefing.Fast Valentine fact In the Middle Ages, young men and women drew names from a bowl to see who would be their Valentine. They would wear this name pinned on their sleeves for one week. Thus, the expression “wearing your heart on your […]

Financial help available for weather damage

CNJ staff Individuals, communities and utilities may be able to receive financial help with repairing damages from the recent winter storms, according to a news release from U.S. Department of Agriculture Rural Development. According to the release: • Telecommunication and electric cooperatives have access to normal lines of credit through the USDA Rural Utilities Service […]

Debt panel takes aim at military

Tom Philpott Military members and retirees have more financial darts to dodge after a second bipartisan task force on reducing the nation’s debt unveiled a different set of cost-cutting recommendations on Wednesday. The Debt Reduction Task Force, co-chaired by former Republican Sen. Pete Domenici and economist Alice Rivlin, takes sharper aim at the military community […]

Business column: New year good time for new business

Gordon Smith, Business Specialist of the Small Business Development Center at Clovis Community College has a knack for educating others on the importance of having a business plan; which can be a predictor of business success or failure. Read on as he expounds on the process of planning for a business: Happy New Year. 2011 […]

Congress holds strongest power of influence

Freedom New Mexico Congressional Democrats and their minions are applauding the financial oversight bill that was hammered out on Friday. President Obama and his leaders in Congress say the compromise bill should be ready for the president’s signature before the Independence Day break. There is plenty of cause for worry in the bill. It places […]

Grazing workshop planned

CNJ staff A Planned Grazing Workshop for ranchers and land owners is set for June 29-July 1 in Amarillo, Texas. Agricultural consultant Kirk Gadzia and Kelly Boney are expected to cover rangeland monitoring, financial planning, land planning and more, according to a press release from Holistic Management, the organization hosting the workshop. Planned grazing aims […]

Bingaman talks financial legislation

WASHINGTON – U.S. Senator Jeff Bingaman today talked with New Mexico radio reports about a variety of issues, including a financial reform legislation coming before the Senate. Bingaman’s remarks can be retrieved by going to his website or clicking on the following link: http://bingaman.senate.gov/mediaasset/bingaman042610m.mp3 00:00 – Bingaman talks about a bill he has joined in […]

Officials: Milk industry financial troubles catalyst in unemployment jump

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CNJ staff photo: Tony Bullocks Indian River Transport employee Jason Runner of Clovis washes down a tanker Thursday that is used to transport milk. Local experts say a hurting dairy industry is one of the reasons for high unemployment across eastern New Mexico. By Sharna Johnson: CNJ staff writer Local experts say financial ripples in […]

Church hosting financial program

CNJ staff Faith Christian Family Church will be hosting the Financial Peace University’s 13-week finance program beginning 7:30 p.m. Friday. FPU has helped more than 650,000 families positively change their financial future, according to a news release. The program teaches families and individuals how to handle their money through common-sense principles and small group accountability. […]

Commissioners table financial relief request

By Kevin Wilson: CNJ staff writer Clovis city commissioners are looking for a way for a slogan to circumvent a clause. That’s why, at an otherwise brief regular meeting Thursday, the group opted to table a request from a resident who sought financial relief for a building he recently tore down. Junior Dallas of Clovis […]

USDA announces new dairy economic loss assistance payment program to provide financial relief to struggling dairy producers

WASHINGTON, Dec. 17, 2009 — Agriculture Secretary Tom Vilsack today announced the implementation of the new Dairy Economic Loss Assistance Payment (DELAP) program. The 2010 Agricultural Appropriations Bill authorized $290 million for loss assistance payments to eligible dairy producers. “Through this program, eligible dairy producers will receive economic assistance that will help stabilize their operations […]

Everybody’s Business: Social networking important marketing tool

By Sandra Taylor-Sawyer: Local columnist Technology has a way of touching our lives either personally, professionally or both. The use of the Internet through Web sites such as Facebook, Blastoff Network, You Tube, Linked In, Twitter and others are a growing trend that will affect the workplace. These sites are part of a viral marketing […]

Fiscal recovery still plagued by toxic assets

Freedom New Mexico There are signs that the financial system has stabilized somewhat, unemployment is not rising as quickly as it had been for a while, and there are preliminary signs of economic recovery. But the “toxic assets” — bad loans, mortgage-backed securities — that were to a great extent at the heart of the […]

National debt needs attention

With all the issues causing Americans to look at the financial health of our country, here’s something that should worry us all: I ran across a short Internet movie: “I.O.U.S.A” (www.iousathemovie.com). As you can guess, the film deals with the federal debt and even takes you back through history, detailing America’s debt levels. As of […]

Editorial: Government bullied banks into TARP funds

A few smaller banks have begun to repay money loaned to them under the Troubled Assets Relief Program begun with $700 billion in October when the depth of the financial crisis became apparent, and the government decided some troubled financial institutions were “too big to fail.” But interestingly, repayment is not just a matter of […]

Incident Type: Beware Of Fraudulent Telephone And Mail Financial Fraud Solicitations

The Clovis Police Department asks that the public please be cautious when contacted by phone or mail solicitors about financial schemes promising large amounts of money in exchange for sending money by Western Union or some other money transfer instrument to cover foreign taxes or secure a prize. Most of these fraud schemes are taking […]

700,000 New Mexico working families to benefit from making work pay tax credit

The United States faces the most severe economic and financial crisis in generations. Tragically, much of the damage has fallen principally on Main Street.