White House should release loan documents

The House Energy and Commerce Committee has subpoenaed White House communications concerning the half-billion-dollar federal loan guarantee for failed California solar company Solyndra, which also is under criminal investigation and has ties to a major campaign donor to President Barack Obama. We have yet to hear a good reason for the White House’s reluctance to […]

Referendums give citizens voice

In an Oct. 25 CNJ article on the city charter commission, the CNJ quoted Commissioner Fred Van Soelen as saying that negative referendums cost the taxpayers too much money so it should be harder to have one. However, that is just plain wrong. If you will remember, the referendum this past summer, initiated by the […]

Stop throwing away money on green jobs

Freedom New Mexico A California state agency will suspend giving sales-tax exemptions to renewable energy manufacturers in the wake of the scandalous bankruptcy of Solyndra, the Fremont-based maker of solar panels that received a $535 million federal loan guarantee before closing its doors in September. Meanwhile, the federal government last week approved another $1 billion […]

Federal program aimed at helping homeowners with mortgage payments

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Alisa Boswell Eastern New Mexico residents may soon benefit from a new federal loan program called The Emergency Homeowner Loan Program. The program is geared toward low-income homeowners who are struggling with mortgage payments. It grants loans ranging from $35,000 to $50,000 per homeowner. Kim McGrigg, spokesperson for Money Management International, one of the multiple […]

Commissaries to be consolidated

In these tight budget times, the Senate Veterans Affairs Committee has learned it must cut current spending to fund new initiatives for veterans. For example, Sen. Patty Murray, D-Wash., committee chairman, would pay for her Hiring Heroes Act of 2011 by extending by three years, to 2014, a higher fee on veterans who reuse their […]

Veterans may receive refunds from Wells Fargo loans

Freedom New Mexico Nearly 60,000 service members and veterans who refinanced their Veterans Affairs Department mortgage loans through Wells Fargo, Wachovia and SouthTrust will receive refunds as the result of a $10 million settlement in a class-action lawsuit, a Wells Fargo official said. Wells Fargo spokeswoman Vickee Adams said there was no way of knowing […]

Farmers’ Electric receives $28.1 million USDA loan

The Associated Press CLOVIS — Farmers’ Electric Cooperative of Clovis is receiving a $28.1 million loan to upgrade its electric delivery system for seven counties in eastern New Mexico and three in Texas. The cooperative will use the money to expand service to current customers and extend service to new customers. It also will replace […]

Opinions mixed on new student loan law

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By Clarence Plank: PNT staff writer A new law was signed Tuesday gives students a break with more money for Pell grants and only having to deal with one lender when it comes to student loans. President Barack Obama signed the new law this week. The law, tacked on to the health care bill, eliminates […]

No bull here

When my husband and I were young and just starting out, we decided to apply for a loan from a government-underwritten outfit to purchase a few cows. We had the place to run them secured and the drought was temporarily over (which is all we can ever ask for in the Southwest). We even had […]

USDA official discusses agency

By Sharna Johnson: Freedom Newspapers Ryan Gleason is the New Mexico director of the U.S. Department of Agriculture Rural Development. He was appointed by President Bush in May 2006. He oversees a staff of 59 employees located in 11 offices throughout the state. A fifth-generation New Mexican, Gleason, 32, was born in Portales. Gleason spoke […]