Then, since only their selectively chosen audience received the accidentally released presser on the investment, stock prices soared from $2.00 a share to $60.00 a share, overnight.
But, during the maximum price peak, some of the top executives and their in-laws, in the midst of the stock price climax, ejaculates its shares either by sale or tax write off to a local synagogue.
Then, word got out and the stock price dropped back to $9.00 a share and now there is an FEC investigation.
The US DFC tweeted that ‘recent allegations of wrongdoing raise serious concerns’
An agreement between the US government and Kodak to develop generic drug ingredients appears to be on hold, after the US International Development Finance Corporation tweeted that “recent allegations of wrongdoing raise serious concerns.”
“We will not proceed any further unless these allegations are cleared,” the agency tweeted, without specifying what the allegations were.
On July 28, we signed a Letter of Interest with Eastman Kodak. Recent allegations of wrongdoing raise serious concerns. We will not proceed any further unless these allegations are cleared.
Kodak said Friday it was conducting an internal review of recent activity by the company in connection with a $765 million loan it would receive under the Defense Production Act to produce pharmaceuticals. The company’s stock price surged in the days before the deal was announced, CBS News reported, leading Sen. Elizabeth Warren (D-MA) to call for the Securities and Exchange Commission to investigate whether there were any instances of insider trading.
Kodak, best known for its camera and film equipment, said it planned to create a new business arm called Kodak Pharmaceuticals to make ingredients that have “lapsed into chronic national shortage.” Kodak CEO Jim Continenza told The Wall Street Journal that he expected pharmaceuticals to become 30 to 40 percent of the company’s business. The company’s plans included production of ingredients for drugs such as hydroxychloroquine, according to The Wall Street Journal. President Trump has touted hydroxychloroquine as a possible treatment for COVID-19, despite evidence that the anti-malaria drug has been ineffective against the virus.
Rep. Maxine Waters (D-CA), chair of the House Financial Services Committee and other Democrats sent a letter to DFC head Adam Boehler August 4th asking why the agency was supporting a loan for Kodak, “an organization that was on the brink of failure in 2012 and was unsuccessful in its previous foray into pharmaceutical manufacturing, in its efforts to develop the capacity to produce up to 25 percent of domestic pharmaceutical components.” The committee is asking to see all communications concerning the loan.
"When the money comes into the cities, the feds will activate a facility that will quickly leverage the money for the cities through corporate bonds to unlock primary and secondary bond markets so they do not crash, and the people will all cherish the Public Private Partnerships we own, which own the bond markets, so they do not collapse and everyone goes homeless, like the black and brown people, so they can borrow."
The Federal Reserve and the Treasury are going to "adapt" and "provide flexibility to the states".
I shall assume that flexibility has to do something with the next round of massive foreclosures, and, as such, another round of stealin' the children, land & vote, because it worked for TARP.
FUN FACT! MANY MUNICIPALITIES USED FAKE MORTGAGE & TAX FORECLOSED PROPERTIES AS LEVERAGE IN MUNICIPAL BONDS FOR PENSIONS IN COMMERCIAL REAL ESTATE INVESTMENTS LIKE STRIP MALLS LIKE DETROIT
The government could never be transparent about TARP being spent because the Detroit Land Bank Authority never incorporated, which means they did not have a bank account, or a tax return, or contracts, which is how they operated behind closed doors.
Will these new facilities be vetted on their state instruments of authority to engage in commerce by ensuring they are incorporated before or after they get the money?
Don Reed Herring (center), along with Elizabeth
Warren's other brothers, David Herring (left) and
John Herring, in a video released
by her presidential campaign in January.
Donald Reed Herring, the oldest brother of Senator Elizabeth Warren, died on Tuesday night in Norman, Okla., about three weeks after testing positive for coronavirus.
Herring, a 20-year veteran of the U.S. Air Force, was 86.
Warren, who has been a vocal critic of the Trump administration’s halting response to the pandemic for months, has not previously revealed that her family was waging its own personal battle against the virus. She confirmed his death in a statement provided to the Globe and said the cause was coronavirus.
“I’m grateful to the nurses and other front-line staff who took care of my brother, but it is hard to know that there was no family to hold his hand or to say ‘I love you’ one more time. And now there’s no funeral for those of us who loved him to hold each other close,” Warren said. “I will miss my brother.”
Herring was born in 1933 and attended the University of Oklahoma, but did not graduate, before enlisting in the Air Force, where he flew B-47 and B-52 bombers. He flew 288 combat missions in Vietnam, eventually becoming a B-52 squadron pilot and a squadron aircraft commander. He earned numerous decorations before retiring in 1973 as a lieutenant colonel and starting an auto-detailing business. In her statement, Warren described Herring as a natural leader with a quick, crooked smile.
Known as Don Reed, Herring was the oldest of Warren’s three brothers, and he is survived by the other two, John Herring and David Herring. The trio became a silent fixture of their sister’s presidential campaign, because she spoke often of them as a link to her upbringing in a more conservative world, highlighting their military service and the fact that two of them — Don Reed and David — were Republicans who agreed with her on some fundamentals. They never spoke to the press, but all three appeared in video footage used by her campaign.
Don Reed Herring lived with his wife, Judith Anne Hart, in Newcastle, Okla. before his death, in a small house amid wide fields. According to information provided by his family, he had been diagnosed with cancer years ago and undergone treatment, and was hospitalized for pneumonia in February. He then moved to a rehabilitation center to recover. The family did not identify the center.
The coronavirus has posed a particular risk to people at inpatient care facilities. Other patients in the facility where Herring was staying had active cases, according to what the family was told, and he was tested for the virus in early April. He received a positive result the next day, but did not show symptoms of the virus for another 11 days.
Herring was moved to intensive care at Norman Regional Hospital on April 15 and died six days later. He was not on a ventilator.
The coronavirus has separated people around the country from loved ones fighting the illness, and that was no different for Warren’s family. Herring’s wife was unable to visit him in recent weeks. Warren spoke with him daily before he was transferred to the hospital, but that became more difficult to do as he grew sicker. She last spoke with him on Sunday, when he seemed to be doing better.
In addition to his siblings and his wife, Herring is survived by his two sons, John and Jeffrey. His first wife, Nancy McKelvain, died in 1982 of leukemia after the two were married for about 27 years.
Herring was 16 years older than Warren, and she was a toddler when he joined the military at the age of 19.
“My first memory of Don Reed was when he left for the service and then of his wedding,” she wrote in her autobiography. “He was adventurous and dashing, and his very existence was like a distant light.”
In this second supplement to SCOTUS Certiorari Petition No. 18-7752, the Petitioner - Mohan A. Harihar identifies several NEW discoveries, including: (1) Mortgage Fraud Audits conducted on properties owned by Chief Justice Roberts, Justice Breyer, Senator Elizabeth Warren (D-MA), US Attorney Andrew Lelling (MA) & Middlesex Superior Court Judge Kenneth Fishman; (2) Contradicting Testimony from WELLS FARGO CEO (former) Tim Sloan; & (3) New FOIA request filed with the Office of the Attorney General
She pitched the new economic development housing program that Her Flatulent Boviness, Sheila Jackson Lee, repurposed H.R. 40, the Study for Reparations, to push through the latest and greatest TARP 2.0 housing assistance program, because the progenitor TARP ran out of money and Mike Duggan is desperately looking for another $200 million to do what he was supposed to do with the blight and housing assistance.
Yes, Elizabeth failed to address the rampant public corruption of the privatization in governance through the Emergency Manager, that ran fake property tax and mortgage fraud schemes, the fake Bankruptcy, the fake Grand Bargain, the fake elections, fake redistricting, and that fake Corporate Shape Shifter called the Detroit Land Bank Authority.
Anyone with two nickles to rub together with a brain would know, fully well, that you should not be touting the same crap that is currently under federal investigation.
Seriously?
I asked her if she was going to used the Brown Paper Bag test or mandatory genetic one drop rule testing, like she did when she verified that she was Native American.
She either got the short end of the stick, or someone is holding some really salacious dirt over her head.
Fear will make you do and say the darnedest things.
Democratic presidential hopeful Elizabeth Warren used Detroit as a backdrop to promote her proposal to help people living in formerly red-lined neighborhoods buy a house.
In a tweet posted late Wednesday, the Massachusetts senator touted her proposal at the site of Detroit's Eight Mile Wall, also known as Detroit's Wailing Wall or Birwood Wall.
The half-mile, 6-foot-high concrete wall was constructed in 1941 in a northwest Detroit neighborhood south of Eight Mile, when a developer wanted to build a housing community exclusively for white families and separate them from black homeowners living nearby.
America needs to face the things we’ve done wrong and take steps towards making it right. My housing plan creates a first-of-its-kind down-payment assistance program to help Black and Brown families living in formerly redlined neighborhoods buy a home. pic.twitter.com/WL9FXFTHLh
"Home ownership is the No. 1 way that working families, middle-class families build real wealth," said Warren in the video with the wall behind her.
"So it's no surprise that starting long, long ago, America subsidized the purchase of housing. For white people. But they discriminated against the purchase of housing for black people. The consequence of that: Generation after generation after generation, a lot of working white families had a chance to build wealth, and a whole lot fewer black families had that chance."
The discrimination continued into the 1960s, "and even today, the consequences of that are still felt," Warren said.
Warren, a former professor at the University of Michigan, Harvard University and other schools, noted the 30-percent gap between black and white home ownership rates is higher today than when housing discrimination was legal in America.
Last year, the Urban Institute reported that the percentage of African Americans who own their own homes dropped in Michigan more than any other state, down to 40 percent from just over half in 2000.
Much of that decline was recorded in Detroit, which until the early 2000s had among the highest levels of black home ownership in the country. Across the country, low-income and minority homeowners saw the value of their homes nosedive during the mortgage and financial crises.
As of 2017, whites comprised 69 percent of Metro Detroit’s population but owned nearly 81 percent of owner-occupied housing in the area, according to the U.S. Census Bureau.
By contrast, African Americans made up 22 percent of the Detroit region’s populace but owned 13.5 percent of the housing.
Warren's housing plan would offer mortgage assistance to first-time home buyers who live or lived in formerly red-lined areas who were historically excluded from government housing programs.
"It's our government acknowledging the role that our government played on our behalf to keep African Americans out of home ownership and to keep them from being able to build wealth in this country," Warren says in another video from Waterloo, Iowa.
"Sometimes, you just have to do what is right."
To address the nation’s shortage of affordable housing, Warren has proposed spending $500 billion in federal money over 10 years to build or rehabilitate housing units. She would fund the program by rolling back exemptions to the estate tax to Bush-era levels.
An analysis by Moody’s Analytics found that the estate tax reforms would render the proposal deficit neutral. But a Republican-controlled Congress would be unlikely to approve such a change.
Detroit's wall is a visible reminder of racism in the city, though most of the families living in the neighborhood are African Americans.
It still stands today, snaking through the backyards of many homes and the Alfonso Wells Memorial Playground. It was decorated with murals in 2006 with uplifting scenes, including one with civil rights icon Rosa Parks.
Warren began her video by pointing out homes on both sides of the wall.
"If you live in that house, the federal government would subsidize a mortgage for you. But if you lived in that house, the federal government discriminated against you and made it almost impossible for many of these people to get mortgages," Warren said.
"That is a part of our American legacy that we need to address head on," she continued. "And we just can't pretend it didn't happen, because it continues to have effects today."
Warren then walks along the wall before describing her plan to fund down-payment assistance for certain families.
The grants would target first-time home buyers who live in formerly red-lined districts or communities that were segregated by law and are still currently low-income. The grants would also be available to those who lost their homes during the mortgage crash.
"So you have a chance to own a home to get in the game," Warren said.
One analysis of her plan said the grant provision has the potential to lead to home ownership for hundreds of thousands of African-American families.
"The bill is the first since the Fair Housing Act with the explicit intent of redressing the iterative effects of our nation’s sordid history of housing discrimination," wrote economist Darrick Hamilton of Ohio State University and Mehrsa Baradaran, associate dean at the University of Georgia School of Law.
"Critically, it has the potential to make a substantive dent in closing our enormous and persistent racial wealth gap."
But offering first-time home buyers help with down payments poses a "real risk" for families trying to accumulate greater assets, said Howard Husock, vice president for policy research at the Manhattan Institute.
"I agree with the senator that minority asset accumulation has lagged whites'. There's a lot of reason to be concerned about that," Husock said. "But there's no quick fix for asset accumulation."
Down payments are in place to guard against foreclosures that would undervalue other homeowners' assets on a street or neighborhood, he said.
"The extent to which we make it easy to buy homes without having saved, we eliminate one of the most important tests that show their neighbors that they won’t be foreclosed on. Not delinquent, and that they’re going to keep their house in good repair,” Husock said.
“Over time, that’s how you build good neighborhoods. And only when you build good neighborhoods do house values go up, and only then does asset accumulation improve.”
Husock also said a one-size-fits-all approach to new housing won't work in every community, especially Detroit with its housing surplus.
"You don't really want to start building more housing in Detroit. You want to see the housing that's there get renovated and fixed up," he said.
"The more subsidized housing you have, the more abandonment of the older housing. What might be appropriate for San Francisco probably isn't appropriate for Detroit."
Warren is among more than 20 candidates running for the Democratic nomination, aiming to unseat President Donald Trump in 2020.
DETROIT, MI -- Democratic presidential hopeful Elizabeth Warren wants Detroit’s manufacturing base to lead a new green technology economy.
The Democratic senator from Massachusetts unveiled her $2 trillion plan to build clean energy industry and craft economic policies that put American workers first during a Tuesday town hall in Detroit. Roughly 500 enthusiastic supporters and undecided voters gathered in the workforce development wing of a Detroit human rights nonprofit to hear Warren’s message for Michigan.
“Michigan is where working people have bee on the front lines for decades and that’s why I wanted to come here to talk about a plan to put 1.2 million good jobs back into this economy,” Warren said.
false
Elizabeth Warren to unveil ‘economic patriotism’ agenda in Detroit
U.S. Sen. Elizabeth Warren, D-Mass., is bringing her presidential campaign to Detroit and Lansing Tuesday.
Warren opened the town hall by highlighting how decades of corruption in Washington D.C. is the source of many problems in America. Every part of the policy-making process is touched by money, she said.
Business interests seeping into Congress helped erode the middle class in favor or multinational corporations with no allegiance to American workers, Warren said. It’s also caused pollution to run rampant in communities in the shadow of industry, she said.
Meanwhile, Warren said the American democratic process is under threat from the influx of money in elections, partisan gerrymandering of political districts and voter suppression efforts. She supported a Constitutional amendment to protect the right of every citizen to vote.
“We need big structural change in this country," Warren said. “Small ideas won’t get it done. Let’s attack corruption head on.”
Warren proposed a wealth tax on the top 1% of richest Americans, a 2% annual tax on fortunes over $50 million, 3% tax on every dollar of net worth above $1 billion. She said the taxes are fair, considering building a fortune in part relies on public infrastructure.
The money would be used to pay for universal pre-Kindergarten childcare programs, she said.
“All it takes is a little courage, and a plan,” Warren said.
Warren said addressing climate change will bring economic benefits to industrial cities. She anticipates a $2 trillion investment in the next decade toward green energy research and manufacturing would create 1.2 million new jobs.
Part of the cost will be paid for by Warren’s proposed “real corporate profits tax” — a 7% surcharge on profits of more than $100 million earned by U.S. companies. The tax is expected to generate $1.05 trillion in revenues during the next decade.
Warren said the investment will help achieve some of the ambitious targets set by the "Green New Deal.” The Green New Deal is a nonbinding resolution introduced by U.S. Rep. Alexandria Ocasio-Cortez, D-N.Y., and U.S. Sen. Ed Markey, D-Mass., that pledges to achieve net-zero greenhouse gas emissions, boost investment in clean energy infrastructure, clean up contaminated sites and other goals.
Is a future without fossil fuels possible? Warren said it could be, with technological innovation.
“What is it going to take to save our climate? The answer is it’s going to take a whole lot of new science, a whole lot of R&D and technological manufacturing," Warren said. “My plan is: Let’s do that in the United States.”
Promises to revitalize Midwest cities hollowed out by outsourced manufacturing jobs are a central component of Democratic candidates’ messages and the main focus of President Donald Trump’s Michigan campaign. Warren said there’s no comparison between her “American workers first” message and the nationalist tone taken by Trump.
“My plan is a real plan to build American jobs,” Warren said. “My plan is not about how to help the biggest and most powerful corporations get even bigger and more powerful.”
The Massachusetts senator wasn’t the only candidate campaigning in Detroit Tuesday. Washington Gov. Jay Inslee toured polluted areas of the city and touted his climate change agenda as the most robust among the crowded Democratic field.
Former Vice President Joe Biden released his plan to address climate change and revitalize the economy Monday night. Warren said she did not have time to read his plan yet.
National polls conducted so far show Warren ranks third in support for voters, trailing U.S. Sen. Bernie Sanders, I-Vt., and Biden. A May poll of 600 voters by Vanguard Public Affairs and Denno Research found 9% of Michigan voters support Warren for president, trailing behind support for Biden (37%) Sanders (16%).
Michigan voted for Sanders in the 2016 Democratic primary. He and Warren share similar-sounding progressive messages, particularly on the influence of corporate money in Washington. Attendees at the Detroit event who voted for Sanders in 2016 said Warren is doing a better job winning their vote this time.
Susan Fecteau, a 61-year-old real estate agent from Ann Arbor, said Warren “has a plan for everything.” She said Warren takes a more academic and thoughtful approach than Sanders.
Though she would vote for the blue candidate regardless of who it is, Fecteau said she would be disappointed if the nomination went to Sanders or Biden.
“I love young white guys, it’s the old white guys I can’t stand,” Fecteau said.
Fecteau said Trump “hoodwinked” and “conned” the American people into thinking he is fighting for the middle class. She said Warren is the first candidate she’s seen successfully tie economic hardships facing the middle class to corporate greed.
Carla Meier, a retired Troy resident, said she is undecided, but likes what Warren has to say. Her top campaign priorities are securing equal pay for women, environmental protections and improvement to education.
In a dig against Education Secretary Betsy DeVos, a Michigan native and reviled figure among progressive voters, Warren pledged to pick a public school teacher to lead the Department of Education.
Meier said she attended events for U.S. Sens. Kirsten Gillibrand, D-N.Y., and Amy Klobuchar, D-Minn. The large number of candidates is good for the Democratic Party, she said, and encourages more public engagement.
Meier doesn’t trust Sanders’ commitment to the Democratic Party, considering his status as an independent in Congress. The Democratic National Committee adopted rules for 2020 candidates to affirm that they are a Democrat, which Sanders signed.
Charles Blanchard, a priest at Christ the Good Shepherd in Berkley, said he’s looking for a candidate who can win in the general election and bring stability to the country. He’s hoping South Bend Mayor Pete Buttigieg joins Warren on the ticket as her vice president.
Warren said she will be tough on Trump in response to an audience question about how she would handle Trump’s behavior in a debate. The question alluded to the second presidential debate of 2016, where Trump loomed behind Democratic nominee Hillary Clinton.
“You never back down from a bully," Warren said. “Teachers know you have to claim your space and you have to own it.”
Michigan Republican Party Chairman Laura Cox said Warren is out of touch with Michigan voters in a statement released before the campaign event in Detroit.
“In a last-ditch effort to save her struggling campaign, I find it laughable that the senator has decided to come and try to pitch radical policies that would cripple Michigan’s farming, manufacturing, and auto-industries," Cox said.
Tahira Ahmad, a 60-year-old Detroit resident, said Warren appealed to her after she supported the federal government issuing reparations to African Americans affected by slavery. Though the issue didn’t come up in Detroit, Ahmad said her community needs some relief to overcome generational poverty exacerbated by government antipathy.
“It was my ancestors, but we’re still feeling it today,” Ahmad said.
Warren pledged to build a grassroots coalition that can break through partisan gridlock in Congress.
“It’s about building that momentum, not just so that we win in November of 2020 but so we make real change,” she said.
Watching one politically prostrate themselves in penance, in the wake of uncloaking of the 2016 election realities, is quite gratifying, but it is still, such a shame, as the gentle lady fails to #sayhisname, or even recognizes the national agenda set by Trump in the 2019 SOTU on the trafficking of tiny humans and the residuals of the peculiar institution of modern slavery, which is what I call a half-ass form of reprentance, in hopes of being able to make it out, unscathed.
This is the face of fear, her true character, because these revelations of the silent screams of the people have been going on for generations, but Elizabeth has just found out it is so important, she is going to highjack the legacy of John Conyers, Jr., without giving any credit, and continue to rewrite the history of civil rights.
These terms are taken from Trump's 2019 SOTU which are omitted from Warren's presidential candidacy, but she did say civil rights, though.
Yes, this is a Canadian Child Protective Services video of a new born being Legally Kidnapped moments after birth.
Yes, this is what DACA us all about, but no one wants to talk about it, so that is why we are in shutdown.
This is a multi-trillion dollar, global industry of trafficking tiny humans that funds political campaigns and no one wants to talk about it, which is why we are going to SCOTUS.
If Elizabeth Warren, often referred to by me as Pocahontas, did this commercial from Bighorn or Wounded Knee instead of her kitchen, with her husband dressed in full Indian garb, it would have been a smash! pic.twitter.com/D5KWr8EPan
Two social media videos show a newborn baby girl being taken from the arms of her Indigenous mother by Manitoba social workers and police – an apprehension that First Nations leaders say is all too common in a child-welfare system biased against Aboriginals.
The videos, broadcast live Thursday on Facebook by the woman’s uncle, show her sitting in a hospital bed, cradling her baby and rocking back and forth as social workers and police explain that the baby is being taken into care.
The woman is crying softly and being hugged by relatives, one of whom is wailing in sorrow. Eventually, police place the newborn into a car seat and take her away.
The mother is not told when she might see her baby again.
Statistics from the Manitoba government show newborn apprehensions occur, on average, about once a day in the province.
About 90 per cent of kids in care are Indigenous.
The videos, which had been viewed more than 400,000 times by Friday afternoon, offered a rare glimpse into a normally private matter and quickly led to calls for change.
“The system that we’re subject to is not a system for our people,” Grand Chief Garrison Settee, who represents northern Manitoba First Nations, said Friday at a news conference with the mother, her family and other community leaders.
“We want to take back our babies because they belong to us. They belong … in their own culture, in their own societies, among their own people.”
The woman, her baby, and other family members cannot be identified under Manitoba law.
The child was taken away because of a false accusation that the mother was drunk when she arrived at the hospital to give birth, the woman’s aunt said.
‘Blindsided’
The videos show family members telling social workers the accusation was not true. They ask whether the baby could stay with one of them instead of being taken away. The request is denied.
All the while, the mother is sitting on her hospital bed, cradling her baby. On Friday, she recalled getting strength from her infant daughter.
“I was blindsided … and it’s just astonishing how far this had to go,” she said.
“When I was holding my baby, she was actually the one who was keeping me content and strong and focused. And I’m still holding on to that.”
Cora Morgan, a family advocate for the Assembly of Manitoba Chiefs, said the mother may have been targeted for a “birth alert” – a note to social workers that an expectant mother is high risk – because she had another daughter who was temporarily in care several years ago.
The woman had previously sought help for addictions and with parenting from Child and Family Services, Morgan said, but was not intoxicated when she arrived at the hospital to give birth.
“In the system – as a mother, as a father, as a grandparent – they’re always deemed guilty of something, and there’s no mechanism to ever prove you’re innocent.”
The woman is hopeful that she might be reunited with her daughter shortly. The case file has been transferred from Winnipeg to an agency in the woman’s home community.
“I’m very hopeful things are going to work out in a positive way.”
Statements from CFS, Province:
“In Manitoba, when child and family services is involved, parents have the right to choose which Authority they would prefer to work with. Apprehending a child is a very difficult decision, and is done only as a last resort and when required to ensure children are kept safe.
“When a child is brought into care, the agency’s first consideration is always to explore reunification with parents and to place the child with a family member while this is being done. Agencies utilize a variety of practice strategies, such as safety network meetings, to find family members and to create a safe environment for the child. The agency focuses on working with family and community members to collectively create and implement a safety plan for the child.
“As CEO of the General Authority, I have personally reviewed this file in detail and met with the agency staff involved, including the director of the agency. I am confident in the decisions made. We will continue to work with this family, and engage with any collateral or partner agencies the family wishes to involve.
Debbie Besant
CEO, General Child and Family Services Authority
“I am saddened to see a family’s situation result in an apprehension, which is meant to be used as a last resort when there are serious concerns about a child’s safety.
“Our government is focused on strengthening family bonds and reducing apprehensions through child welfare system reform, priorities reinforced by Monday’s announcement of a doula initiative. Over the past year, we have seen a reduction in the number of children in care, an increase in family reunifications and a decrease in apprehensions by more than nine per cent.”
The first of the month was a week away and it is sorta difficult to catch a bus to leave town in a national crises emergency situation, you know.
But that is okay, because New Orleans established a land bank.
It is called the New Orleans Redevelopment Authority and has federally funded U.S. Treasury programs like NSP2, through Public Private Partnerships, to sell its properties to only those who could afford to have not lived in the 9th ward like those who qualified for special funding because they migrated into the U.S.
I know many families had their children Legally Kidnapped when CPS placed them in foster care and shipped them off to other states because of Katrina, or rather hailing from "The Poors" (always said with clinched teeth).
I also know Elizabeth Warren allowed it all to happen on her watch because she sat on the TARP Congressional Oversight Committee.
Members of the TARP Congressional Oversight Panel
Final Report: March 16, 2011
On November 14, 2008, Senate Majority Leader Harry Reid and
the Speaker of the House Nancy Pelosi appointed Richard H.
Neiman, Superintendent of Banks for the State of New York,
Damon Silvers, Director of Policy and Special Counsel of the American
Federation of Labor and Congress of Industrial Organizations
(AFL–CIO), and Elizabeth Warren, Leo Gottlieb, Professor of Law
at Harvard Law School, to the Panel. With the appointment on November
19, 2008, of Congressman Jeb Hensarling to the Panel by
House Minority Leader John Boehner, the Panel had a quorum and
met for the first time on November 26, 2008, electing Professor
Warren as its chair. On December 16, 2008, Senate Minority Leader
Mitch McConnell named Senator John E. Sununu to the Panel.
Effective August 10, 2009, Senator Sununu resigned from the
Panel, and on August 20, 2009, Senator McConnell announced the
appointment of Paul Atkins, former Commissioner of the U.S. Securities
and Exchange Commission, to fill the vacant seat. Effective
December 9, 2009, Congressman Jeb Hensarling resigned from the
Panel, and House Minority Leader John Boehner announced the
appointment of J. Mark McWatters to fill the vacant seat. Senate
Minority Leader Mitch McConnell appointed Kenneth Troske, William
B. Sturgill Professor of Economics at the University of Kentucky,
to fill the vacancy created by the resignation of Paul Atkins
on May 21, 2010. Effective September 17, 2010, Elizabeth Warren
resigned from the Panel, and on September 30, 2010, Senate Majority
Leader Harry Reid announced the appointment of Senator
Ted Kaufman to fill the vacant seat. On October 4, 2010, the Panel
elected Senator Kaufman as its chair.
It seems the TARP Congressional Oversight Panel did not do a very good job because we are going to SCOTUS.
Now that her claims of being of Indian heritage have turned out to be a scam and a lie, Elizabeth Warren should apologize for perpetrating this fraud against the American Public. Harvard called her “a person of color” (amazing con), and would not have taken her otherwise!
Pocahontas (the bad version), sometimes referred to as Elizabeth Warren, is getting slammed. She took a bogus DNA test and it showed that she may be 1/1024, far less than the average American. Now Cherokee Nation denies her, “DNA test is useless.” Even they don’t want her. Phony!
As the story goes over a few hundred years, of course Elizabeth could never tell you, many of the West African slaves when they first arrived, ran away and went down south to Florida.
Since the cultures were basically the same, they ended up procreating.
The armies came in to reclaim chattel resulting in many deaths and lots of children being sold for the purposes of christian assimilation and other nasty things.
Many left the area through force migration called the Trail of Tears but before they left, they were called out the mountains to register on the rolls.
Many did not and ran over the hills up north for fear of losing their children and being sold into Traite des Blanchesdue to the new chattel law.
The Virginia Racial Integrity Act, some of the anti-amalgamation laws being generated post-Emancipation Proclamation, began to change the chattel registration terms of mullato, quadroon, octroon, into blood quantum, where most of the tribes cut off at one-sixteenth, meaning a great-grandparent has to have been on the registration rolls and many Native Americans were registered into one of these chattel categories as "Negro", being of amalgamated decent.
1. Be it enacted by the General Assembly of Virginia, That the State Registrar of Vital Statistics may as soon as practicable after the taking effect of this act, prepare a form whereon the racial composition of any individual, as Caucasian, negro, Mongolian, American Indian, Asiatic Indian, Malay, or any mixture thereof, or any other non-Caucasic strains, and if there be any mixture, then the racial composition of the parents and other ancestors, in so far as ascertainable, so as to show in what generation such mixture occurred, may be certified by such individual, which form shall be known as a registration certificate. The State Registrar may supply to each local registrar a sufficient number of such forms for the purpose of this act; each local registrar may personally or by deputy, as soon as possible after receiving said forms, have made thereon in duplicate a certificate of the racial composition as aforesaid, of each person resident in his district, who so desires, born before June fourteenth, nineteen hundred and twelve, which certificate shall be made over the signature of said person, or in the case of children under fourteen years of age, over the signature of a parent, guardian, or other person standing in loco parentis. One of said certificates for each person thus registering in every district shall be forwarded to the State Registrar for his files; the other shall be kept on file by the local registrar.
Every local registrar may, as soon as practicable, have such registration certificate made by or for each person in his district who so desires, born before June fourteen, nineteen hundred and twelve, for whom he has not on file a registration certificate, or a birth certificate.
2. It shall be a felony for any person wilfully or knowingly to make a registration certificate false as to color or race. The wilful making of a false registration or birth certificate shall be punished by confinement in the penitentiary for one year.
3. For each registration certificate properly made and returned to the State Registrar, the local registrar returning the same shall be entitled to a fee of twenty-five cents, to be paid by the registrant. Application for registration and for transcript may be made direct to the State Registrar, who may retain the fee for expenses of his office.
4. No marriage license shall be granted until the clerk or deputy clerk has reasonable assurance that the statements as to color of both man and woman are correct.
If there is reasonable cause to disbelieve that applicants are of pure white race, when that fact is stated, the clerk or deputy clerk shall withhold the granting of the license until satisfactory proof is produced that both applicants are "white persons" as provided for in this act.
The clerk or deputy clerk shall use the same care to assure himself that both applicants are colored, when that fact is claimed.
5. It shall hereafter be unlawful for any white person in this State to marry any save a white person, or a person with no other admixture of blood than white and American Indian. For the purpose of this act, the term "white person" shall apply only to the person who has no trace whatsoever of any blood other than Caucasian; but persons who have one-sixteenth or less of the blood of the American Indian and have no other non-Caucasic blood shall be deemed to be white persons. All laws heretofore passed and now in effect regarding the intermarriage of white and colored persons shall apply to marriages prohibited by this act.
6. For carrying out the purposes of this act and to provide the necessary clerical assistance, postage and other expenses of the State Registrar of Vital Statistics, twenty per cent of the fees received by local registrars under this act shall be paid to the State Bureau of Vital Statistics, which may be expended by the said bureau for the purposes of this act.
7. All acts or parts of acts inconsistent with this act are, to the extent of such inconsistency, hereby repealed.
Appendix (excerpt)
Alexander Francis Chamberlain, A.M., Ph.D., Assistant Professor of Anthropology, Clark University...says: "In some regions considerable intermixture between negroes and Indians (Science, New York, Vol. XVII, 1891 pp. 85-90), has occurred, e.g., among the Pamunkeys, Mattoponies, and some other small Virginia and Carolinian tribes." "It is also thought probable that many of the negroes of the whole lower Atlantic coast and Gulf region may have strains of Indian blood." This probably accounts for the increasing number of negroes who are now writing to our Bureau demanding that the color on their birth certificates and marriage licenses be given as "Indian."
"Damn that science & technology!"
Assuming that Elizabeth was aware of all these arcane laws, perhaps, this was her way of calling for the enforcement of the One-Drop Rule, but in this day in age, applied to genotypes and DNA testing.
In essence, if you have one drop of "non-white blood", or, in this instance, one tiny chromosome marker that shows you in the 1/1000th range, you are automatically, by default of that one, contaminated drop of blood, forever associated with that group, or race, or whatever pseudo-scientific labeling system they use for data registration for predictive modeling crap.
Yes, by this same logic, racial purity classification applies to anyone who has one-drop of the Negro blood which is why it is impossible to implement any type of reparations because everyone has had someone in their cookie jar at some point in their U.S. genealogy.
In short, this chattel classification of the one-drop racial purity laws are a joke and begs the question as to why we continue to teach this out dated method of human asset management when we are filing patents left and right on human genomes and protein strands.
That racial horse and buggy is being traumatized by those fandangled motor cars!
And that is why Elizabeth Warren will never be legally recognized, under U.S. Laws as being a registered, card carrying member of any North American Native Tribe, because if she did have a tribal card, she could cross any North American border without a passport.
I bet she cannot even tell one personal story of children being ripped from their parents to be put into Indian boarding schools or of family members living in abject poverty on reservations that have yet to get a casino to launder money for political campaigns or access to sovereign land for special projects.
All I can say is that everyone should keep having babies and check whatever race box you wish for the birth certificate, just to skew the data for their crappy predictive modeling because it is really fun to screw up and invalidate their fake theories and methodologies, based upon horse and buggy methodologies.
WASHINGTON — Senator Elizabeth Warren has released a DNA test that provides “strong evidence’’ she had a Native American in her family tree dating back 6 to 10 generations, an unprecedented move by one of the top possible contenders for the 2020 Democratic nomination for president.
Warren, whose claims to Native American blood have been mocked by President Trump and other Republicans, provided the test results to the Globe on Sunday in an effort to defuse questions about her ancestry that have persisted for years. She planned an elaborate rollout Monday of the results as she aimed for widespread attention.
The analysis of Warren’s DNA was done by Carlos D. Bustamante, a Stanford University professor and expert in the field who won a 2010 MacArthur fellowship, also known as a , for his work on tracking population migration via DNA analysis.He concluded that “the vast majority” of Warren’s ancestry is European, but he added that “the results strongly support the existence of an unadmixed Native American ancestor.”
Bustamante calculated that Warren’s pure Native American ancestor appears in her family tree “in the range of 6-10 generations ago.” That timing fits Warren’s family lore, passed down during her Oklahoma upbringing, that her great-great-great-grandmother, O.C. Sarah Smith, was at least partially Native American.
Smith was born in the late 1700s. She identified as white in historical documents, though at the time Indians faced discrimination, and Smith would have had strong incentives to call herself white if possible.
The inherent imprecision of the six-page DNA analysis could provide fodder for Warren’s critics. If O.C. Sarah Smith were fully Native American, that would make Warren up to 1/32nd native. But the generational range based on the ancestor that the report identified suggests she’s between 1/64th and 1/1,024th Native American. The report notes there could be missed ancestors.
Undergoing the test and releasing the results reveal how seriously Warren is taking the attacks from Trump, who has been able to effectively caricature and diminish his national foes via nicknames and conspiracy theories. Trump pushed then President Barack Obama into releasing the long form of his birth certificate to prove what most knew was already true: He was born in America.
The move is also another indication of how seriously Warren is considering running for president. And while it’s unclear whether the test will convince Trump and his die-hard supporters, Warren will be able to point to it with other, more open-minded voters. Once Obama produced his birth certificate in 2011, the racist “birther’’ movement, which thrived on the Internet and was stoked by Trump, largely evaporated.
Warren is seeking reelection in Massachusetts and is expected to easily win a second term. She has said that she will take a “hard look” at running for the Democratic nomination for president once the midterm elections are over. She’s already released 10 years worth of her tax returns and made her personnel files available to The Boston Globe, showing that ethnicity was not a factor in her rise in law.
By taking a DNA test, Warren is showing that if she runs for president, she plans to be a very different candidate than Hillary Clinton was. The 2016 Democratic nominee for president chafed at releasing personal information and was dogged throughout her campaign by her use of a private server while she was secretary of state.
Warren provided a sample of her DNA to a private lab in Georgia in August, according to one of the senator’s aides. The data from that test was sent to Bustamante and his team for analysis. Warren received the report last week.
Warren didn’t use a commercial service, but Bustamante is on the scientific advisory board for Ancestry, which provides commercial DNA tests. He’s also consulted on a project for 23andMe, another major DNA testing company.
Warren said she was committed to releasing the report regardless of the results. However, Warren’s aides would not say whether she or any of her three siblings had previously done a commercial DNA test that would have provided them with some assurance about Bustamante’s analysis.
There were five parts of Warren’s DNA that signaled she had a Native American ancestor, according to the report. The largest piece of Native American DNA was found on her 10th chromosome, according to the report. Each human has 23 pairs of chromosomes.
“It really stood out,” said Bustamante in an interview. “We found five segments, and that long segment was pretty significant. It tells us about one ancestor, and we can’t rule out more ancestors.”
He added: “We are confident it is not an error.”
Detecting DNA for Native Americans is particularly tricky because there is an absence of Native American DNA available for comparison. This is in part because Native American leaders have asked tribal members not to participate in genetic databases.
“The tribes have felt they have been exploited,” explained Lawrence Brody, a senior investigator with the Medical Genomics and Metabolic Genetics Branch at the National Institutes of Health. “The amount of genetic data that is available from Native Americans is sparse.”
To make up for the dearth of Native American DNA, Bustamante used samples from Mexico, Peru, and Colombia to stand in for Native American. That’s because scientists believe that the groups Americans refer to as Native American came to this land via the Bering Strait about 12,000 years ago and settled in what’s now America but also migrated further south. His report explained that the use of reference populations whose genetic material has been fully sequenced was designed “for maximal accuracy.”
Bustamante said he can tease out the markers that these South Americans would have in common with Native Americans on the North American continent.
Bustamante also compared Warren’s DNA to white populations in Utah and Great Britain to determine if the amounts of Native American markers in Warren’s sample were significant or just background noise.
Warren has 12 times more Native American blood than a white person from Great Britain and 10 times more than a white person from Utah, the report found.
Warren has come under blistering attacks from Trump for making claims of Native American heritage. His taunts of her as “Pocahontas” have become part of his standard rally monologue.
Earlier this month at rally in Iowa, Trump said he hoped Warren would run for president because it would allow him to find out “whether or not she has Indian blood.”
In July, during a rally in Montana, Trump imagined debating Warren during the 2020 presidential election and said that he’d try to make her take a DNA test by throwing it at her onstage. “We have to do it gently, because we’re in the #MeToo generation, so we have to be very gentle,” Trump said.
He also offered to provide $1 million to her charity of choice if she takes the test.
Warren’s Senate campaign has used clips from Trump and his spokeswoman Sarah Sanders attacking her for making the Native American claims in a slickly.
There’s even footage of Warren calling Bustamante to get the results of her DNA test.
“The president likes to call my mom a liar. What do the facts say?” asks Warren, sitting at a desk by behind a Macintosh laptop.
“The facts suggest that you absolutely have Native American ancestry in your pedigree,” replies Bustamante, who was also captured on film by Warren’s team.
Bustamante is considered one of the leading DNA analysts in the world. When several DNA experts were asked by the Globe, earlier this year, how they’d recommend Warren go about taking a DNA test, his name came up repeatedly.
He has never donated to Warren’s campaigns. (A different California professor with the same name donated $200 to Obama in 2008, federal records show.)
Questions over Warren’s ethnicity have dogged her since her 2012 Senate campaign. That’s when GOP operatives found archival stories in the Harvard Crimson of a Harvard Law School spokesman referring to her as a Native American as a way to show the school had a diverse faculty.
During her academic career as a law professor, she had her ethnicity changed from white to Native American at the University of Pennsylvania Law School, where she taught from 1987 to 1995, and at Harvard University Law School, where she was a tenured faculty member starting in 1995. (She was a visiting professor at Harvard during the 1992-1993 academic year.)
In an interview with the Globe published last month, Warren explained that she identified herself as Native American in the late 1980s and early 1990s as many of the matriarchs of her family were dying and she began to feel that her family stories and history were becoming lost.
Ivy League universities, like the ones where Warren taught, were under great pressure to show they had diverse staffs.
The University of Pennsylvania filled out a document explaining why it hired a white woman over minority candidates — clear evidence it didn’t view her as a Native American addition. And the Globe interviewed 31 Harvard Law School faculty members who voted on her appointment there, and all said her heritage was not a factor.
Correction:
Due to a math error, a story about Elizabeth Warren misstated the ancestry percentage of a potential 6th to 10th generation relative. The generational range based on the ancestor that the report identified suggests she’s between 1/64th and 1/1,024th Native American.
Bostic to Become First African-American Fed President
Washington, DC - United States Representatives John Conyers, Jr. (D-MI), Ranking Member on the Judiciary Committee; Maxine Waters (D-CA), Ranking Member on the Financial Services Committee; and David Scott (D-GA), a senior member of the Financial Services Committee; and Senator Elizabeth Warren (D-MA), today released the following statements to recognize the historic appointment of Raphael Bostic to be the President of the Atlanta Federal Reserve Bank. Bostic will become the first African-American President of a Federal Reserve Bank in the Fed's 100 year history. The Members of Congress applauded today's announcement and encouraged the Fed to continue to diversify the leadership of banks across the country.
Dean of the U.S. House
of Representatives
John Conyers, Jr.
In May of 2016, Rep. Conyers and Sen. Warren led a letter to Fed Chair Janet Yellencalling for more diversity in the Federal Reserve’s leadership; the letter was signed by 116 members of the House and 11 senators. In October 2016, Reps. Conyers, Lewis, Waters and Scott sent a letter to the Fed specifically calling for the Atlanta Federal Reserve Bank position to be filled by a diverse candidate.
"The selection of Raphael Bostic to lead the Atlanta Reserve is a historic step on the long road to equality and justice for people of color in the United States," Congressman Conyers said. "I am pleased that Federal Reserve officials have taken this important step to fulfill Congress's call to diversify their leadership, both in terms of race and occupational background. Not only is he the first African-American regional bank president, but he is also a champion for families struggling in today's economy, and does not come from the corporate background that is already overrepresented at the Fed. I greatly look forward to working with President Bostic to ensure that progress towards the full employment vision, laid out by Dr. King and Coretta Scott King, is fulfilled for all of America's people."
"Mr. Bostic is an outstanding choice," said Congresswoman Waters, Ranking Member of the House Committee on Financial Services. "His wealth of experience and research on wealth disparities and barriers to economic opportunity will play a critical role in shaping the economic policy decisions that affect all American families. Given the disparate economic experiences faced by key demographic groups, it is crucial that a broader cross-section of groups have a seat at the decision-making table. I congratulate Mr. Bostic on his appointment and encourage the Federal Reserve Bank of Richmond, working with the Board of Governors, to build on today's announcement by conducting the genuine and intentional efforts needed to build diversity at the Fed and ensure its senior leaders reflect the interests of America as a whole."
"I could not be more thrilled about today's announcement regarding Raphael Bostic being named the next Atlanta Regional Bank President," said Congressman Scott. "This marks an historic event for our Federal Reserve System. In over 100 years of its existence, never has there once been an African American as a Regional President. That all ends today."
"Raphael Bostic is an excellent choice to head the Atlanta Fed. He has extensive experience researching how economic policy affects working families," Senator Warren said. "I am glad to see Raphael's appointment, and I encourage the Fed to further strengthen its leadership by bringing on additional people with diverse backgrounds to serve in key roles." Congressman Conyers launched the 32-memberCongressional Full Employment Caucusin February 2014. Full employment is defined as the lowest possible unemployment rate that the economy can reach. Congressman Conyers has introduced several pieces of legislation to further that goal: H.R. 1000,
the Humphrey-Hawkins 21st Century Full Employment and Training Act of 2015, which would tax Wall Street speculation to guarantee a job or training to every American who wants to work; H.R. 3531, The Full Employment Federal Reserve Act, which instructs the Federal Reserve bank to target a four percent national unemployment rate – the rate reached in the late 1990s; and H.R.3674, The Labor Statistics Improvement Act, which would create a commission to ensure that unemployment statistics accurately reflect the reality on the ground for job seekers. The Congressional Full Employment Caucus serves as a platform and working group for Members of Congress who are dedicated to identifying solutions and advocating for legislative action to reduce unemployment.
Raphael Bostic, Federal Reserve Bank of Atlanta, President
The Federal Reserve Bank of Atlanta said Monday that Raphael Bostic will succeed Dennis Lockhart as president and CEO.
Bostic, 50, will take on the role after Lockhart retired from the Atlanta Fed on Feb. 28.
"We are very pleased that Raphael will join the Atlanta Fed as its president and chief executive officer," said Thomas Fanning, chairman of the board of the Federal Reserve Bank of Atlanta.
"He is a seasoned and versatile leader, bringing with him a wealth of experience in public policy and academia. Raphael also has significant experience leading complex organizations and managing interdisciplinary teams. He is a perfect bridge between people and policy," he said.
Bostic said in a statement, "The Reserve Banks are vital contributors to our nation's economic and financial success. I'm excited about the opportunity to work with the Bank's well-respected staff in advancing the excellent reputation this organization has built over many years."
Lockhart served in his role since March 1, 2007, and is beyond the 65-year age limit that the Fed sets for reappointment of regional bank presidents to a new 10-year term, Reuters reported. He plans on continuing to pursue his "interests in public policy, civic work and private business," the bank said.
Bostic worked at the Federal Reserve Board of Governors from 1995 to 2001, serving as an economist and then a senior economist in the monetary and financial studies section.
