The mainstream news has been relatively quiet in the last month about a recent and significant Chinese investment in South Texas oil. But Tom Pauken, chairman of the Texas Workforce Commission, has expressed concern about long-term effects of such deals on the U.S. economy and possible threats to Texas.

Following the results of the midterm elections, Nancy Pelosi declared her intent to maintain a leadership role in the U.S. House of Representatives, though in a different capacity during the 112th session of Congress — as House Minority Leader. However, Pelosi’s pursuit of the coveted position will be challenged by North Carolina Rep. Heath Shuler, who contends that while he does not believe himself to have a chance to secure the position, he has elected to vie for it in order to make a statement against Pelosi’s leadership.

As predicted, the DREAM Act is at the top of the “To-Do” list for the Lame Duck session — a period ranging from November 15 to the swearing in of new congressmen on January 3. Virtually the pet project of Senate Majority Leader Harry Reid, House Speaker Nancy Pelosi has also stated her support for voting on the DREAM Act during the lame-duck session, revealing that the chances of passage in the House of Representatives may be high.

BBVA Bancomer Research has produced a study that indicates that since Arizona enacted Senate Bill 1070, which provides for state law enforcement officers to enforce federal immigration laws, that the Hispanic population of Arizona has dropped by about 100,000 people.

The co-chairs of President Obama’s Deficit Commission, Erskine Bowles and Alan Simpson, announced many of the possible recommendations that could appear in the report of the Commission due December 1. They included just enough to arouse the ire of partisans on both sides, without making any serious inroads into real deficit reduction. Calling it a “politically provocative and economically ambitious package,” the New York Times said the initial proposals are “igniting a debate that is likely to grip the country for years.”

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