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The New Mexico Independent going forward

By | 11.16.11

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…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

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…

New Mexico’s largest university low in popularity

jobs-80
By | 11.10.11

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.

Photo: stevepearce2010, Flickr

Pearce lands ‘plum’ committee seat

By | 12.10.10 | 12:59 pm

Representative-elect Steve Pearce will start his second run in the U.S. House with at least one “plum” committee position, according to the Wall Street Journal. The 2nd District Republican will sit on the House Financial Services Committee, a committee that usually doesn’t feature newly elected members in its ranks but a committee which Pearce has served on before.

Pearce will return to the U.S. House and the Financial Services Committee after a two-year absence. Pearce left the seat to run for a U.S. Senate seat in 2008. This allowed Democrat Harry Teague to win the seat and serve for one term.

Pearce said that a spot on the committee “would give him a platform for several of his priority issues, which include reducing taxes on investments and capital gains. Pearce says such cuts would give the economy a boost,” according to CQ Politics.

Pearce is one of “10 junior Republicans” who will serve on the House Financial Services Committee.

The House Financial Services Committee oversees regulation of Wall Street and will be chaired by Rep. Spencer Bachus, R, Ala. Perhaps more interestingly, Rep. Ron Paul, R-Texas, will chair the Domestic Monetary Policy Subcommittee which counts within its jurisdiction, “Domestic monetary policy, currency, precious metals, valuation of the dollar, economic stabilization, defense production, commodity prices, financial aid to commerce and industry.”

Paul has advocated for a return to the “gold standard” for U.S. currency.

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