Despite the success of the anti-predatory lending law in keeping credit accessible to low-income New Mexicans at dramatically lower interest rates, threats to the law are looming.
When I was a kid I used to spend time with my dad and my abuelo in Plaza Blanca, N.M., a change of pace from the dryland farming that occurred in my hometown of Cebolla, N.M. My dad would take me down to the acquaintance at dawn.
There’s a knock at the door. Your heart races and beads of sweat start to run down your temple. The phone rings and you feel a sense of dread because you know who is calling.
New Mexico has always been a state that builds. From the energy resources that power our nation to the infrastructure that connects our communities across vast distances, our economic strength depends on our ability to get projects done. Manufacturing alone supports tens of thousands of jobs and contributes billions to the state’s economy each year. Yet too many of these projects are stalled—not because of a lack of investment, but because of America’s broken permitting system.
The Northern Río Grande National Heritage Area would like to publicly thank Representative Joseph Sanchez for his continued leadership and support of cultural programs that strengthen our communities and drive economic development across Northern New Mexico.
I recently came across a concept called The Curley effect. It has nothing to do with Larry and Moe. After some research I learned that The Curley effect, coined by economists Edward L. Glaeser and Andrei Shleifer, is a real concept in political economy. It describes how politicians use wasteful redistributive policies and divisive rhetoric to drive opposing voters out of a city (or in our case a state), thus securing their electoral base.
Iran has been at war with the United States and Israel for 47 years. At the beginning of the Iran hostage crisis in November 1979, Ruhollah Khomeini referred to the United States as the “Great Satan,” and Israel as the “Little Satan.” “Death to America,” usually followed the epithet. The Iranian Revolution displaced the Shah and established the Sharia Theocracy.
Recently Jemez Mountains Electric Cooperative announced they are leaving Tri State G&T as their power provider. Jemez’s members should be very concerned. Kit Carson did this about 10 years ago and their electric rates went through the roof. Does it make sense to spend over a $100 million to break the contract with Tri State and hope that the open market will be cheaper? Someone should be questioning Jemez’s management on this decision.
