I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
U.S. Rep. Ben Ray Luján issued a press release minutes ago saying he was “extremely disappointed” in the $165 million in bonuses that American Insurance Group (AIG) is giving to employees. The bonuses come after the insurance company was given more than $170 billion by the federal government last year.
Earlier today, Martin Heinrich issued a press release saying he was “outraged” by the bonuses.
While Luján says the bonuses add up to $165 million, The Associated Press reports the bonuses are nearly three times that — $450 million.
“I am extremely disappointed by reports that AIG is awarding $165 million in taxpayer dollars to their executives,” Rep. Luján is quoted as saying. “At a time when families throughout New Mexico are struggling because of the irresponsible actions of bad actors, it is shameful for AIG to give their executives $165 million in bonuses that are paid for by hardworking taxpayers. Executives that requested federal dollars to keep their companies solvent should not funnel this money toward bonuses for their colleagues. Congress and the Obama Administration must explore every available option to prevent AIG from awarding millions of dollars of taxpayer money in bonuses to their executives.”
Earlier today, President Barack Obama said he would pursue “every legal avenue to block these bonuses and make the American taxpayers whole.”
