U.S. credit downgrade long overdue

I heard it reported that Timothy Geithner, the treasury secretary of the U.S., said that Standard & Poor’s made a terrible decision when it downgraded the U.S. government’s credit rating. He claimed this showed that S&P didn’t understand the math that is used to figure the U.S. government’s budget. Yeah, I don’t understand the fantasy [...]

Effects of U.S. credit downgrade will be felt over next few years

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Kevin Wilson The recent credit downgrade by Standard and Poor’s won’t have an immediate resonation to Americans beyond rhetoric, but the effects will be felt over the next few years, local bankers and economists said. For the first time in the country’s history, the country’s credit rating was downgraded by a credit agency from “AAA+” [...]

Cuts could impact TRICARE users

Low reimbursements are the top reason physicians say they turn away beneficiaries who use TRICARE Standard, the military’s fee-for-service insurance option, or TRICARE Extra, the preferred provider option, according to TRICARE health care provider surveys. Access to health care for these two groups of beneficiaries could become an even bigger challenge thanks to the convoluted [...]

TRICARE young adult fees costly

Adult children of military members and retirees now can buy TRICARE health insurance coverage out to age 26, and that coverage can be purchased back to Jan. 1 this year. The cost is steep, however, with the premium set at $186 a month for coverage under the fee-for-service TRICARE Standard plan or the preferred provider [...]

Time for fed to make return to gold standard

Freedom New Mexico Families across America are suffering what we’ll call pump shock: A doubling of gas prices in the past two years. A couple days ago, one of us paid $4.27 a gallon, spending about 43 bucks to fill up a Toyota Corolla. At a Town Hall meeting in Reno last week, President Barack [...]

Court addresses different kind of cold case

Freedom New Mexico The scientific standard for statistical significance and the legal standard for material misrepresentation in a federal securities case aren’t the kinds of topics that typically inspire lively dinner conversation. Nevertheless, a recent Supreme Court decision involving these issues deserves greater public attention and will affect consumers’ choices in their stock portfolios and [...]

KENW-TV exploring Spanish language channel

Freedom New Mexico Portales based KENW-TV is exploring the possibilities of broadcasting a third standard definition channel in Spanish in the next few years. “We have been in discussions with veme.tv to broadcast their satellite programing to our area,” said KENW Director of Broadcasting Duane Ryan. Ryan said adding the Spanish channel to the KENW [...]

Time to revert back to gold standard

Freedom New Mexico Gold could help stabilize monetary system. The suggestion was somewhat indirect and conditional, but it is nonetheless fascinating that the head of the World Bank should bring up the idea of using gold to help stabilize the international monetary system. Robert Zoellick was far short of calling for a return to the [...]

Their view: Liberal columnists set double standard for Obama

Kent McManigal of Farwell writes columns for the Albuquerque Libertarian Examiner. Here’s a snippet from a recent effort:

Senator pressured to support renewable energy standards

By Susan Montoya Bryan ALBUQUERQUE — The message seems simple, and it’s hard to miss when plastered on a large yellow billboard along one of New Mexico’s busiest interstates. “Senator Domenici: Don’t Dim Our Future! Support Renewable Energy.” The billboard — along with radio ads, bumper stickers and yard signs — is part of a [...]