Revolution in economic theory positive step

Freedom Newspapers It’s more than a little gratifying when the most recent winner of the Nobel Prize in economics tells CNBC, the cable financial channel, that President Bush’s tax-rate cuts were “pretty small” and really should have been bigger. Said Edward Prescott of Arizona State University: “Tax rates were not cut enough,” because lower tax […]

Payday loan organizations prey on poor

by Ned Cantwell Before you know it, the New Mexico legislative season will be upon us. Our lawmakers, as usual, will spend 14 hours a day pondering weighty matters and making momentous decisions, like, should the Official State Pest be the wood-boring beetle or John Dendahl? That’s not fair. It’s not fair to John Dendahl, […]

Outsourced jobs only half the story

Thomas Sowell Jobs have become a big issue in this election year — which means it is optimistic to expect a rational discussion. Nothing is discussed more irrationally than “outsourcing.” It is obviously completely misleading to discuss how many jobs American companies are sending to other countries without even mentioning how many jobs foreign countries […]

Mexico has false expectations of economic reform

Freedom Newspapers The tragedy of Mexico is that its bright and energetic people have such a dysfunctional government. Even the administration of President Vicente Fox, whose National Action Party victory in 2000 ended 71 years of sometimes brutal rule by the Institutional Revolutionary Party, has found it difficult to make changes, especially on the economy. […]

City, schools protest water hike

By William Thompson: Freedom Newspapers Clovis’ city attorney plans to attend a Public Regulation Commission meeting on Nov. 8 in Santa Fe in hopes of blocking a proposed hike in water rates for Clovis residents. City Attorney Dave Richards is drafting a letter on behalf of the city and Clovis schools protesting New Mexico-American Water’s […]

Water rate plan receives mixed reviews

A recent Project: Reader Reaction question asked for commentary related to New Mexico American Water company’s plan to raise water rates. Some responses: “IT REALLY DOESN’T MATTER. The rates will be raised because the (Public Regulation) Commission will see the figures submitted and determine the company needs the raise to make money. We need the […]

City should have own water company

Letters to the Editor This is in response to the article about a proposed water-rate hike from New Mexico-American Water company: When is this city going to wake up? NMAWC is a for-profit company that must please its stockholders. We are the largest city in New Mexico that does not possess its own water company. […]

Judge: Drug court needed

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Judge Richard Knowles from Albuquerque said the 2nd Judicial District’s drug court program has a recidivism rate of less than 5 percent. By Darrell Todd Maurina The judicial district covering Curry and Roosevelt counties is one of only three in the state with no type of drug court for nonviolent offenders. Ninth Judicial District Judge […]

CNJ subscription rates on the rise

CNJ staff report Because of rising business costs, Clovis News-Journal subscription rates will increase by 25 cents per month beginning Jan. 1. The price of individual papers will remain 50 cents for weekdays and $1 for Sundays. Subscription rates still will provide a 44 percent savings, compared to “off-the-rack” prices, for those getting home delivery […]

Military Basic Allowance for Housing to rise by average of 7 percent in 2004

Tom Philpott Basic Allowance for Housing rates will rise by an average of 7 percent, effective Jan. 1, for 820,000 service members living off base in the United States. The BAH rate increases for 2004 continue a string of annual allowance hikes that exceed the reported rise in rental costs nationwide — 2.9 percent this […]

Agreement made: No increase in water rates

By Jack King New Mexico American Water Company has reached an agreement with the New Mexico Public Regulation Commission to drop its request to increase Clovis water rates this year. City Attorney Dave Richards told the city commissioners on Thursday the company may file another rate case next year. Under the agreement, New Mexico American […]