Capping pay would further mar economy

President Barack Obama has announced a cap of $500,000 a year on the pay of senior executives at distressed financial institutions that receive bailout money deemed “exceptional assistance” from the taxpayers via the federal government. This is an understandable move considering the circumstances, but it carries some dangers. One can understand the populist impulse behind […]

Feb. 8, 2009: PHS News

College goal Sunday College Goal Sunday will be hosted at Portales High School on 1 p.m. to 3 p.m. Feb. 22 in the Portales High School/PMSD District Computer Lab. College Goal Sunday provides financial aid application assistance to help ensure New Mexico students overcome barriers to college affordability Representatives from the Eastern New Mexico University […]

GI Bill affected by financial crisis

By Tom Philpott: PNT columnist The worldwide financial crisis has hit private colleges hard enough that relatively few are likely to participate in the Post-9/11 GI Bill’s “Yellow Ribbon” initiative when it begins this fall, says Keith M. Wilson, director of education service for the Veterans Benefits Administration. Under the Yellow Ribbon program, private colleges […]

Jan. 25, 2009 Portales High School News

College Goal Sunday slated College Goal Sunday will be hosted at Portales High School 1-3 p.m. in the Portales High School/Portales Municipal School District Computer Lab. College Goal Sunday provides financial aid application assistance to help ensure New Mexico students overcome barriers to college affordability. Representatives from the Eastern New Mexico University Financial Aid Office […]

Finance program coming to Pleasant Hill

Freedom New Mexico Financial Peace University’s 13-week finance program is coming to Pleasant Hill. FPU has helped more than 650,000 families positively change their financial future, according to a news release. The program teaches families and individuals how to handle their money through common-sense principles and small group accountability. Each class participant needs a kit. […]

Jan. 11, 2009 Portales High School News

Financial aid workshop set The Educational Talent Search Program of ENMU will host a Financial Aid Workshop for Portales High School seniors and their parents 6 p.m. Monday in the PHS Library.

Albuquerque Journal halts local home deliveries

Freedom New Mexico Falling on hard financial times, the Albuquerque Journal is canceling distribution of its paper to more than 30 New Mexico towns including Clovis, Portales and Tucumcari. The paper will terminate home delivery and rack sales in outlying communities on Jan. 31 because of falling advertising revenue and rising production and shipping costs, […]

Feds double up on bad financial hand

Freedom New Mexico This month’s announcement by the Federal Reserve Board that it has cut its benchmark overnight federal funds rate, the rate at which banks lend to one another, to a “target range” of between one-quarter percent and zero is both an acknowledgment of reality and a sign of panic. Since banks, even in […]

ENMU campuses financially stable

By Sarah Meyer: PNT Staff Writer Eastern New Mexico University officials last week reported that the main campus in Portales and its branches in Ruidoso and Roswell are in good financial shape. But they’re proceeding cautiously because of the economic environment. Here is a synopsis of the financial reports presented at Friday’s board of regents […]

Retail stores see mixed effects from financial crisis

By Gabriel Monte: Freedom New Mexico Randy Dayhoff, who owns Randy’s Shoes on Main Street, said the community’s diverse economic base and population growth from the Cannon Air Force Base expansion is shielding the local economy from a national slump in retail sale. Dayhoff attributes an increase in work boot sales to contractors working at […]

Financial responsibility good lesson for everyone

By Anita Doberman: Cannon Connections columnist I used to spend money recklessly.

Financial rescue plan must not allow undue risk

Freedom Communications Last week the financial industry was exposed as much more vulnerable to what might have seemed like ephemeral economic developments than almost anybody — including most in the industry — imagined. The supposedly wise people of Washington are huddling to come up with a plan to “stabilize” the markets that will undoubtedly cost […]

Financial advisors: Stay in market

By Sharna Johnson, Freedom New Mexico Remember to have a long-term view. That’s the advice area financial advisors are giving their clients as daily news coverage highlights financial woes in the U.S. markets. This week, the nation watched unprecedented upheaval in the markets, marked by several 100-point gains and losses in the Dow Jones industrials, […]

July 4 closures

The following offices will be closed in Roosevelt County and Portales for the holiday until Monday: District Court District Attorney’s Office Magistrate Court Post Office County Clerk City Hall County Manager New Mexico Bank and Trust The Portales National Bank First Financial Credit Union Western Bank Wells Fargo

Google enjoying financial freedoms while snubbing vets

Editorial Picture a thankless child, disrespecting his parents amid the trappings of a holiday gift orgy they provided. The spoiled brat could symbolize Google billionaires, who seem unappreciative of the opportunities afforded them by American military might. Each year, last week included, they snub fallen American service men and women by ignoring Memorial Day in […]

2007 USSOCOM financial management awards

HURLBURT FIELD, Fla. — Air Force Special Operations Financial Managers dominated the 2007 USSOCOM Financial Management Awards, taking home nine of 14 categories. However, this is nothing new for the command. “Over the past six years, AFSOC has won 50 awards out of 70 nominations,” said Bill Rone, Headquarters AFSOC financial manager. “A highlight this […]

Local woman recovering after accident

By Helena Rodriguez, PNT Staff Writer A Portales woman critically injured in a car accident which took the life of her husband, Travis Freeman, on Feb. 7, is expected to make a full, but slow recovery, and fundraisers are being planned on her behalf. Jezika Shumate Freeman, 18, is undergoing rehabilitation at Covenant Medical Center […]

NFL doing viewers grave disservice

By Kevin Wilson: Freedom New Mexico “Turn to page 38,” Shawn told me. I was holding Shawn’s copy of the NFL Shop catalog, and was considering a new 49ers jacket until he alerted me to the collectible Super Bowl book on page 38. It was quite a book, leatherbound with a case and handling gloves, […]

Cyber Monday coming

Freedom New Mexico Instead of waking up in the early hours of the morning on Black Friday to fight the mobs, shoppers can take their business online Monday. Retailers, such as Sears and Barnes and Noble, will offer promotions Monday geared toward anyone with a credit or charge card and access to the Internet, according […]

Financial Management offices to undergo transformation

By Tech. Sgt. Dave Thompson: 27th Spcecial Operations Comptroller Squadron CANNON AIR FORCE BASE — The Air Force is transforming its Financial Management (FM) operations in the largest change in Air Force Financial Management’s 60-year history and for airmen at Cannon, the changes begin Dec. 14. The changes will provide more effective and efficient finance […]