In a large soup pot, warm the oil and then brown the meat. Season with salt and pepper as it browns. Add all remaining ingredients, EXCEPT potatoes and bring to a boil. Reduce heat and simmer about an hour, or until the meat is tender. Add the potatoes and continue simmering until they are fork tender, about 20 minutes. Enjoy!
* As with many of the recipes I've scribbled down in the past, especially ones from friends and their families in NM, the directions were often vague. I hadn't made this for my family in a few years and I started tossing everything together in the pot the other day, while I was making it. Completely forgetting the hour long simmer for the meat. We all still enjoyed this, despite the fact our jaws had a work out on that beef. You can bet I won't forget to simmer the meat next time!