Happy New Year! PUCN Approves Rate Change NV Energy So.Nevada Customers get 3.5% increase

The Public Utilities Commission of Nevada last week approved an annual revenue increase of $158.6 million for NV Energy’s southern utility. This increase is offset by decreases in other rate components effective January 1, 2012. The net result is a 2.7 percent increase overall and an approximate 3.5 percent increase for NV Energy’s southern Nevada [...]

Stop Oil Speculation Now Coalition

From the Stop Oil Speculation Now Coalition: We want to bring another important matter to your attention that will harm consumers and airlines, and cost jobs. Airlines and their customers are now being threatened by a proposal to increase airline taxes to tackle the deficit. The S.O.S. Now coalition, we are asking you to support [...]

CBO estimates AJA would increase direct spending by about $175 billion for 2012-2021

The Following is a letter sent to the Senate Majority Leader, Senator Harry Read (D) of Nevada, from the CBO – the Congressional Budget Office in regards to the American Jobs Act as proposed by President Obama.   Honorable Harry Reid Majority Leader United States Senate Washington, DC 20510 Dear Mr. Leader: As you requested, [...]

Hoover Power Act Passes House

“… Hoover power is critical to Southern Nevada’s economy, businesses, and consumers. Hoover power is clean and affordable, and today we took an important step toward making it stable. Today, Congressman Joe Heck (NV-3) made the following statement regarding passage of H.R. 470, the Hoover Power Allocation Act of 2011: “The Hoover Dam is located [...]

Another tax increase

According to the non-partisan Congressional Budget Office, President Obama has increased the debt more than every other President in American History. In fact, your debt has increased by more than four trillion dollars in less than three years. That’s right. $4,000,000,000,000. This is a scary number but every day I am reminded of an even [...]

White House: $1.3 billion more in Nevada will 'create' 10,000 new jobs

President’s jobs bill gives money to same government organizations, employees as first stimulus bill — yet expects far better results By Steven Miller and Kyle Gillis Nevada Journal LAS VEGAS — President Obama claims his recently proposed American Jobs Act could provide $1.3 billion to Nevada and create nearly 10,000 jobs. But what the historical [...]

Why unemployment persists

Geoffrey Lawrence Nevada Policy Research Institute Part I Artificially cheap credit destroys markets, damages society Thursday, August 4, 2011 Pundits and policymakers are easily perplexed by economic recessions and their most visible manifestation, unemployed workers. To these commentators, it is mysterious that labor unemployment remains high across the nation despite massive federal deficit-spending policies, financial [...]

FOREIGN AID: A TIME TO RECONSIDER

Mr. Speaker, I want to follow up on what my friend has just said about cutting Federal spending. I agree, cutting $400 billion is really not much of a cut, especially in these times when Congress continues to spend more and more money. So let’s talk about some specific areas where we ought to reconsider [...]

Nevada Division of Mortgage Lending issues fines and takes enforcement action in 7 matters

Las Vegas – The Division of Mortgage Lending continues to diligently enforce mortgage lending laws by disciplining 7 entities for various violations of those laws. The Division has recently taken the following actions: Cease & Desist Order for The Consumer Advocacy Group and Kristy Sinsara – to view the order, Click Here Cease & Desist [...]

George Soros, the international investor and one of the world’s richest men, is to have his 2002 criminal conviction for insider trading reviewed by the European Court of Human Rights. Mr Soros appealed to Strasbourg after he was convicted by a French court of insider trading in 2002 in relation to his conduct during a [...]

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