By Rich Lowry

Surely, you’ve heard of the brutal conflict that has displaced millions of people and killed more than 14,000, while aid convoys have trouble getting where they need to go?

No, the Sudanese civil war hasn’t been on your radar screen?

OK, but how about the crisis that has led to more than half the population of a country needing humanitarian assistance amid constant turmoil and war?

You haven’t heard much about the conflict in Yemen lately, either?

Perhaps, then, the war that has forced large numbers of people to flee the fighting multiple times, while as much as a quarter of the population is facing hunger or illness?

Actually, the fight between the military and...

Strategies for maximizing FDIC protection

The news of the closure of three banks in 2023 sent shockwaves across the financial world. As customers of these banks scramble to secure their savings and investments, it is helpful to remember the role of the Federal Deposit Insurance Corporation in protecting deposits up to $250,000.

The FDIC was created in 1933 in response to bank failures during the Great Depression. Its primary mission is to protect depositors by insuring their deposits against loss in case of a bank failure. The FDIC covers up to $250,000 per depositor, account category, and insured institution.

In the event of a bank failure, the FDIC typically pays depositors their...

WASHINGTON D.C. — U.S. Sens. Martin Heinrich, D-N.M., and Ben Ray Luján, D-N.M., and U.S. Reps. Teresa Leger Fernández, D-N.M., Melanie Stansbury, D-N.M., and Gabe Vasquez, D-N.M.,  are welcoming over $9.3 million to invest in New Mexico’s public schools, roads, wildfire mitigation, and county services. The funds will be allocated from the U.S. Department of Agriculture’s Secure Rural Schools program, reauthorized through the Infrastructure Law, which New Mexico Democrats passed into law.

McKinley County is set to receive almost $300,000 of that $9 million.

“From schools to roads and emergency services, our Infrastructure Law continues to deliver for rural communities in...

What is a self-directed IRA?

“Stay committed to your decisions, but flexible in your approach.”– Tony Robbins

One of the most significant pieces of financial legislation enacted in the last 50 years was The Employee Retirement Income Security Act of 1974.

ERISA directly responded to the realization that most Americans did not have enough saved for retirement. ERISA provided the incentive of deferred taxation, allowing Americans to grow their savings more quickly using what came to be known as Individual Retirement Accounts.

A specific provision in ERISA required that a custodian must hold an IRA to provide more tax accountability and oversight.

The problem with using the...