Secretary setting sights on rural areas

1184822882-719fredmondragon1.jpg

CNJ staff photo: Tony Bullocks Economic Development Department Cabinet Secretary Fred Mondragon, left, is briefed Wednesday morning by ENMR-Plateau Chief Executive Officer Tom Phelps about operations in this region. Mondragon spoke Wednesday to Clovis Industrial Development Corp. By Gabriel Monte: CNJ staff writer Bringing business to rural cities is the goal of the New Mexico […]

Telecom ruling likely to reduce frivolous suits

Freedom Newspapers T he U.S. Supreme Court in a 7-2 ruling Monday rejected an antitrust class-action lawsuit brought against Bell Atlantic (now Verizon) and four other phone companies. Basically, the high court decided that before an antitrust case can be brought, there must at least be some evidence beyond what antitrust scholars call “parallel behavior” […]

Home, garden show staged

CNJ staff The Home and Garden Show will be held this weekend at the Clovis Civic Center. The event is sponsored by the Home Builders Association of Eastern New Mexico. More than 70 vendors featuring lawn equipment, landscapers, home furnishings and construction companies will be present at the two-day event, according to Chairman Todd Farrell. […]

Press must be government watchdog

By Robert Trapp: Columnist Community advocates, activists, volunteers and journalists with true grit will celebrate National Sunshine Week today through Saturday. The week is set aside annually to celebrate our freedom to access information under the U.S. Constitution and enlighten the public of its rights to access the records it owns and public bodies it […]

Protectionist measure hinders investment

By Freedom Newspapers Whenever Congress passes something unanimously you can be sure it is either entirely innocuous or utterly stupid and harmful. In the case of a bill the House passed 423-0, to give the government broader powers to review foreign investments in certain kinds of U.S. industries and facilities, it is the latter. The […]

Business digest: Portales man takes first in corn contest

Kevin Breshears of Rheanie Farms in Portales captured first place in the A non-irrigated division of the 2006 National Corn Growers’ Association’s Corn Yield Contest in New Mexico, according to a Pioneer Hi-Bred International news release. He won with a yield of 65.31 bushels per acre. The annual competition honors the highest producing corn growers […]

Socialism often cover for dictators’ hidden agendas

By Freedom Newspapers Venezuelan President Hugo Chavez’s recent strong-arm moves illustrate a couple of truths we’re weary of seeing illustrated. The first is that those who proclaim themselves socialists — avatars of “the people” and battlers for the underprivileged — all too soon end up taking the maximum possible power unto themselves, to the point […]

Companies underestimate consumers

By Kevin Wilson: CNJ staff writer I recently got a new computer, and I’ve lost a lot of sleep over the last week customizing it to my liking. The computer started up right out of the box and it was fast — and by fast, I mean the speed at which Time magazine ran away […]

Accounting rules lower businesses’ competitiveness

By Freedom Newspapers The Securities and Exchange Commission last week finally eased Sarbanes-Oxley auditing rules to make them less oppressive for smaller public companies, which had called for relief after spending millions of dollars to comply with the 2002 “Enron law.” But such baby steps fall far short. This duplicative, expensive and anti-competitive act, which […]

Russia’s autocratic tendencies should be monitored

By Freedom Newspapers The Russian government has successfully pressured Shell, the Anglo-Dutch oil company, into reducing its stake in a promising but difficult oil and natural-gas field in Siberia from a majority share to a minority share. Gazprom, the Russian state-owned energy group, which has invested little or nothing in exploiting the energy resources on […]

Blowing in the wind

By Eric Butler: CNJ correspondent West Texas might be right on the heels of eastern New Mexico in expanding its economic base with wind farms and biodiesel plants. Energy companies have expressed interest in building wind farms in Parmer and Bailey counties, according to local economic development officials. Bailey County has also been named as […]

Hewlett-Packard seemed to forget common ethics

By Freedom Newspapers Hewlett-Packard long has been considered one of the premier American companies, especially because of what it called “the H-P Way.” In his 2001 book, “Good to Great,” about the special factors of the best-performing companies, author Jim Collins wrote that the H-P Way “reflected a deeply held set of core values that […]

Ignoring nuclear energy shows lack of brain power

What if the United States rolled out the welcome mat for the construction of new nuclear power plants . . . and no one showed up to build them? For the no-nukes crowd, that would be a victory. But it would be a hollow victory for the rest of Americans, who get 20 percent of […]

Government should let Web regulate itself

Freedom Communications Inc. The cost of cable TV could get cheaper if a bill that passed the U.S. House of Representatives on Thursday becomes law. HR5252 would allow phone companies, such as Verizon, “to get television franchises by applying to the Federal Communications Commission rather than by negotiating them one by one with thousands of […]

Overregulation driving price of gas higher

Freedom Newspapers If only automobiles could run on hot air from politicians bloviating about high gasoline prices. Then we might have something. President Bush is the latest to jump on a bandwagon overcrowded with the likes of Chuck Schumer, Nancy Pelosi, Bill Frist, Dennis Hastert, Arlen Specter, Dianne Feinstein and Arnold Schwarzenegger, announcing a probe […]

Post-Enron law could impose unnecessary costs

Freedom Newspapers An advisory panel to the Securities and Exchange Commission (SEC) has formally recommended that thousands of smaller publicly traded companies be exempted from the strict accounting and reporting requirements imposed by the 2002 Sarbanes-Oxley law, passed in the wake of the collapse of Enron. “The benefits that are derived by investors are really […]

New Orleans’ revival begins with community

Freedom Newspapers After nearly eight months of misdirected spending and bureaucratic bungling, the federal government may be on the road to getting it right in the wake of Katrina. With its announcement of guidelines for rebuilding last week, it has sent a signal that rebuilding may not be too constrictively micromanaged from Washington but will […]

French protesters have wrong idea

By Steve Chapman: Syndicated columnist French students and unions have been protesting for weeks now over a law making it easier for companies to get rid of employees. Under the measure recently signed by President Jacques Chirac, they may fire workers younger than 26 during their first two years on the job — for no […]

Government meddling causes high drug costs

Freedom Newspapers Our southern border isn’t the only one where drugs come into this country illegally. Thousands of Americans buy prescription medications on the Internet and have them shipped from Canada. They spend less money and most likely get medicine identical to what’s available at the corner pharmacy. Everyone’s a winner. Not exactly. Reimporting medicine […]

Removing tax credit will drive up prices

By Keith Gardner: Guest columnist In recognition of higher home heating and fuel costs nationwide, the New Mexico Legislature recently approved a small tax relief package intended to help — at least a little bit — with offsetting those higher energy costs. As your representative, I was proud to support the effort. But the fight […]