Their view: Recession result of financial deregulation

Tucumcari resident Leon Logan offers his thoughts on the economic recession in a letter to the editor: The economic recession we are in is the direct result of deregulation of the financial industry. With the facts staring us in the face some (new governor and lieutenant governor) want to further eliminate governmental controls — “common [...]

Recession may be over, but effects still linger

Freedom New Mexico Technically, the recession ended last year. So say experts who calculate such things. Most people probably didn’t notice. The national unemployment rate hovers at 9.6 percent. We imagine out-of-work Americans don’t feel a year removed from recession. Sales in many industries continue sluggish. In some industries, worse than sluggish. Those folks probably [...]

Interest has turned to sports

By Baxter Black: PNT columnist In the fall of 2008, before the election, as the recession crashed down around us, I gave up on politics. It appeared that no one on either side, on Wall Street, in Detroit or in the media had a clue. It was like listening to a basket of turkeys expounding [...]

Vendors in place for Ag Expo

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By Karl Terry: PNT Correspondent Organizers of the 18th annual New Mexico Ag Expo hope the two-day event will give agriculture producers a chance to put thoughts of economic recession aside in favor of learning ways to improve their operations. The Ag Expo runs from 9 a.m. to 5 p.m. Tuesday and Wednesday at the [...]

Business feature: Local economies stable during recession

By Sharna Johnson: Freedom New Mexico While economists are declaring the recession nearly over, two Portales business people said the town seems somewhat insulated from the national economic peaks and dips. More than 80 percent of economists believe the recession is over and an expansion has begun, but they expect the recovery will be slow [...]

Fireworks sales up in Portales

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By Clarence Plank: PNT staff writer The recession may have hit many people in their wallets, but they are still going to go out with a bang for the fourth. TNT Fireworks conducted a survey around New Year’s by opening a stand to see how the community reacted. Sales were good. Kelly Fulfer, who operates [...]

Government need not intervene after Dow crash

Freedom Newspapers Well, Tuesday was certainly a dramatic day on the stock market, wasn’t it? When the Dow industrials fall 416 points in a single day — even though 3.3 percent is not all that precipitous a decline — people tend to notice and ask questions. Does it signal the end of the Bush tax-cut [...]