Data-mining of banks blow to liberties

Freedom Newspapers The banking data-mining program exposed by the New York Times and Los Angeles Times on Friday might be legal and it might even have been helpful as an emergency response, but it is more evidence that what was once the freest country in the world is turning into a government run rampant. Worse, […]

Wal-Mart likely to lower banking cost for consumers

Freedom Newspapers Who would have thought that one of the nation’s most successful firms, renowned for helping consumers by offering low prices and decent jobs, would become a lightning rod for so many disgruntled people? Once again, during hearings this week at the Federal Deposit Insurance Corp. in Washington, D.C., we see that mere mention […]

Encourage legislators to encourage savings

By Fred Nathan: Guest columnist The national savings rate is at its lowest point since the Great Depression, according to a report issued recently by the Commerce Department. Last year, Americans’ personal savings actually fell into negative territory (at minus 0.5 percent) for the first time since 1933. With fewer and fewer companies providing pensions, […]

Economist to explain financial safeguards

By David Irvin: CNJ staff writer A former bank chief and published economist will give advice to local residents Thursday about how to safeguard their nest eggs, especially since Cannon Air Force Base has been recommended for closure. Larry Bates will talk at the Economic and Political Risk Conference at 7 p.m. at the Clovis […]

Securities law should embrace, not stifle, risk

Freedom Newspapers American securities law should be transparent, so investors can see what’s going on with a company, yet not so cumbersome that it harms business. We’re not yet at that ideal balance. A major problem is the Sarbanes-Oxley legislation Congress passed and President Bush signed in 2002 in the wake of the financial collapse […]

Consider capacity for action, not intent

By Walter E. Williams: CNJ columnist “On Sept. 11, one in 3,000 New Yorkers perished, but in the same year, over one in 1,000 urbanites were murdered in three major cities in the Western Hemisphere alone,” according to Russell Seitz in his article “Weaker Than We Think” in The American Conservative. He adds that the […]

More than one-third of CCC students received finicial aid in 2003-04

CNJ staff Clovis Community College disbursed more than $6 million in financial aid in 2003-2004, according to numbers presented by the school at Wednesday’s Board of Regents meeting. April Chavez, CCC director of financial aid, said more than 1,700 students received some type of aid, making up more than one-third of the school’s enrollment. Many […]

Enron court case will not prevent further problems

Freedom Editorial It is easy to view the recent indictment and arrest of former Enron Chairman and CEO Kenneth Lay with a degree of satisfaction. Executives of the now-bankrupt Enron have been accused of hiding billions of dollars in debt and embellishing company financial statements with complicated off-the-books transactions. Its collapse hurt thousands of employees […]

Time, patience, earns degree

By David Arkin: CNJ Correspondent Lenna Rolan doesn’t think it’s a real good idea for her to pursue a master’s degree. She’s just not sure when she finish it. You have to understand, it took her 26 semesters to get her undergraduate degree. It’s not that Rolan had trouble in class — in fact she […]

Religion briefs 3/26

Fellowship hosting free seminar this weekend House of Prayer Fellowship in Clovis is hosting a free financial seminar this weekend with Brian Lockhart of Legacy Ministries. According to David Lombrana, pastor of the church, Lockhart is a certified financial planner with a bachelors degree in business administration who has been in private practice since 1991 […]

Financial ministry helps manage money with faith

By Darrell Todd Maurina When the Rev. Randy Mullin of First Baptist Church of Farwell began hosting a financial ministry this past fall, he couldn’t believe the response. “It’s been incredible,” Mullin said. “When we launched this thing back in November, I guess probably the best way to describe it is we hit a very […]

Teen of the Week – Shea Chase

Shea Chase, 18, is the son of Debra Feltner and Steve Miller and is a senior at Clovis High School. What is your theme song? Thunderstruck (AC-DC) Who’s invited to your fantasy dinner party, and why? My family and those who are close to me, and most importantly, God! What do you envision your life […]

Financial Peace University offers series of biblically-based personal finance lessons

By Gary Mitchell FARWELL — Through Financial Peace University, the average family eliminates $5,300 in debt while saving $2,700, according to its founder, Dave Ramsey. “Financial Peace University is a series of 13 biblically based, life-changing personal finance lessons,” Ramsey said. “The course shows people how to apply proven, common-sense principles in their ‘real world’ […]

Freedom agrees to partnership

By MARY ANN MILBOURN Freedom News Service IRVINE, Calif. — Freedom Communications Inc., parent of the Clovis News Journal, Portales News-Tribune and Quay County Sun in Tucumcari, announced Tuesday it has signed an agreement with two East Coast investment firms to raise funds to allow shareholders who want out of the family-owned company to cash […]

Competition heats up for ownership of Freedom

By Bernard J. Wolfson and Mary Ann Milbourn IRVINE, Calif. — A family buyout offer for Freedom Communications Inc., parent of the Clovis News Journal, faces competition from several non-media investor groups among the 26 bids received late last month, according to a memo to shareholders this week. The memo, from a committee of board […]