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.