Senators Bingaman and Udall Stand Up to Credit Card Companies, Vote to Support Small Business and Consumers

WASHINGTON— The Merchants Payments Coalition, representing 2.7 million U.S. businesses, released the following statement thanking Senator Jeff Bingaman (D-NM) and Senator Tom Udall (D-NM) for their support after the U.S. Senate voted to include commonsense swipe fee reform in the Restoring American Financial Stability Act of 2010 through an amendment introduced by Sen. Richard Durbin […]

Wednesday morning briefing: Politics, dual credit and the death penalty

It’s Freedom New Mexico’s Wednesday morning briefing. Politics A couple of things… Republican candidate for governor Doug Turner is in town for a meet-and-greet 9 a.m. today at Dave’s Coffee, 1404 Mabry. Also, Congressman Ben Ray Luj

Business digest: Businesses to be notified of credits

Businesses to be notified of credits The Internal Revenue Service will begin sending postcards to 25,709 New Mexico businesses this week to notify them of benefits of small business health insurance tax credits. Tax credits of 25 percent of premium costs will be available for small businesses that purchase health insurance for employees if there […]

Business feature: Tax Day, credit eligibility counting down

By Sharna Johnson: CNJ staff writer The clock is ticking on some tax credits and Thursday’s deadline is drawing closer. Close enough, in fact, that Mary Hernandez said at this point in the season, she tells people with complicated returns to file extensions. “Everybody knows this day is coming around,” she said, explaining during the […]

President’s actions don’t warrant Nobel

Freedom New Mexico To his credit, in his acceptance address, President Obama addressed several of the ironies involved in his being awarded the Nobel Peace Prize for Peace with humility, humor and a thoughtful disquisition on the delicate relationship among conflict, war, fanaticism and peace. Although he made the best of the situation, there was […]

Business feature: Businesses taking steps to avoid flu

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CNJ staff photo: Sharna Johnson Jade Gallegos, a Clovis Community College student who runs the information desk under the work-study program, said a lot of visitors stop to use a hand sanitizer station near the door. The college is one of a number of local organizations taking steps to prevent the spread of H1N1 flu. […]

Education feature: Students operating credit union

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CNJ staff photo: Liliana Castillo From left, Gunar Hawkins, Henry Martin, Maddi Turbeville, Joseph Callahan, Andrew Anaya and Cutter Burnett are six of the students who work at the student-run bank branch at Clovis High School. By Liliana Castillo: CNJ staff writer Freshman Academy students are learning firsthand how to run a bank. The Wildcat […]

Credit reform penalizing responsible

Freedom New Mexico We noted in August the unintended consequences in the wake of Washington’s reform legislation to protect consumers from credit card interest rate hikes and penalties. Congress had restricted changes in credit card terms, citing complaints about high rates and penalty fees. Even before the first wave of new regulations went into effect, […]

Letters to the editor: CHS athletes credit to community

CHS athletes credit to community I had the privilege of being in a Lovington restaurant on Thursday when the Clovis Wildcat high school cross country team came to dine. I would like to praise each and every one of these young athletes for behaving like fine young ladies and gentlemen. They were extremely polite and […]

New credit bill will be painful fix for economy

Freedom New Mexico Banks are quietly changing credit card terms because of a law approved by Congress, ostensibly to prevent credit card abuses. Its effect, however, will be to restrict credit further and prompt banks to switch fixed-interest accounts to variable rates that can be increased even more quickly. The nobly named Credit Card Accountability, […]