Citizens' Oversight Maryland---Maryland Progressives
CINDY WALSH FOR MAYOR OF BALTIMORE----SOCIAL DEMOCRAT
Citizens Oversight Maryland.com
  • Home
  • Cindy Walsh for Mayor of Baltimore
    • Mayoral Election violations
    • Questionnaires from Community >
      • Education Questionnaire
      • Baltimore Housing Questionnaire
      • Emerging Youth Questionnaire
      • Health Care policy for Baltimore
      • Environmental Questionnaires
      • Livable Baltimore questionnaire
      • Labor Questionnnaire
      • Ending Food Deserts Questionnaire
      • Maryland Out of School Time Network
      • LBGTQ Questionnaire
      • Citizen Artist Baltimore Mayoral Forum on Arts & Culture Questionnaire
      • Baltimore Transit Choices Questionnaire
      • Baltimore Activating Solidarity Economies (BASE)
      • Downtown Partnership Questionnaire
      • The Northeast Baltimore Communities Of BelAir Edison Community Association (BECCA )and Frankford Improvement Association, Inc. (FIA)
      • Streets and Transportation/Neighbood Questionnaire
      • African American Tourism and business questionnaire
      • Baltimore Sun Questionnaire
      • City Paper Mayoral Questionnaire
      • Baltimore Technology Com Questionnaire
      • Baltimore Biker's Questionnair
      • Homewood Friends Meeting Questionnaire
      • Baltimore Historical Collaboration---Anthem Project
      • Tubman City News Mayoral Questionnaire
      • Maryland Public Policy Institute Questionnaire
      • AFRO questionnaire
      • WBAL Candidate's Survey
  • Blog
  • Trans Pacific Pact (TPP)
  • Progressive vs. Third Way Corporate Democrats
    • Third Way Think Tanks
  • Financial Reform/Wall Street Fraud
    • Consumer Financial Protection Bureau >
      • CFPB Actions
    • Voted to Repeal Glass-Steagall
    • Federal Reserve >
      • Federal Reserve Actions
    • Securities and Exchange Commission >
      • SEC Actions
    • Commodity Futures Trading Commission >
      • CFTC Actions
    • Office of the Comptroller of the Currency >
      • OCC Actions
    • Office of Treasury/ Inspector General for the Treasury
    • FINRA >
      • FINRA ACTIONS
  • Federal Healthcare Reform
    • Health Care Fraud in the US
    • Health and Human Services Actions
  • Social Security and Entitlement Reform
    • Medicare/Medicaid/SCHIP Actions
  • Federal Education Reform
    • Education Advocates
  • Government Schedules
    • Baltimore City Council
    • Maryland State Assembly >
      • Budget and Taxation Committee
    • US Congress
  • State and Local Government
    • Baltimore City Government >
      • City Hall Actions
      • Baltimore City Council >
        • Baltimore City Council Actions
      • Baltimore Board of Estimates meeting >
        • Board of Estimates Actions
    • Governor's Office >
      • Telling the World about O'Malley
    • Lt. Governor Brown
    • Maryland General Assembly Committees >
      • Communications with Maryland Assembly
      • Budget and Taxation Committees >
        • Actions
        • Pension news
      • Finance Committees >
        • Schedule
      • Business Licensing and Regulation
      • Judicial, Rules, and Nominations Committee
      • Education, Health, and Environmental Affairs Committee >
        • Committee Actions
    • Maryland State Attorney General >
      • Open Meetings Act
      • Maryland Courts >
        • Maryland Court System
    • States Attorney - Baltimore's Prosecutor
    • State Comptroller's Office >
      • Maryland Business Tax Reform >
        • Business Tax Reform Issues
  • Maryland Committee Actions
    • Board of Public Works >
      • Public Works Actions
    • Maryland Public Service Commission >
      • Public Meetings
    • Maryland Health Care Commission/Maryland Community Health Resources Commission >
      • MHCC/MCHRC Actions
    • Maryland Consumer Rights Coalition
  • Maryland and Baltimore Development Organizations
    • Baltimore/Maryland Development History
    • Committee Actions
    • Maryland Development Organizations
  • Maryland State Department of Education
    • Charter Schools
    • Public Schools
    • Algebra Project Award
  • Baltimore City School Board
    • Charter Schools >
      • Charter Schools---Performance
      • Charter School Issues
    • Public Schools >
      • Public School Issues
  • Progressive Issues
    • Fair and Balanced Elections
    • Labor Issues
    • Rule of Law Issues >
      • Rule of Law
    • Justice issues 2
    • Justice Issues
    • Progressive Tax Reform Issues >
      • Maryland Tax Reform Issues
      • Baltimore Tax Reform Issues
    • Strong Public Education >
      • Corporate education reform organizations
    • Healthcare for All Issues >
      • Universal Care Bill by state
  • Building Strong Media
    • Media with a Progressive Agenda (I'm still checking on that!) >
      • anotherangryvoice.blogspot.com
      • "Talk About It" Radio - WFBR 1590AM Baltimore
      • Promethius Radio Project
      • Clearing the Fog
      • Democracy Now
      • Black Agenda Radio
      • World Truth. TV Your Alternative News Network.
      • Daily Censured
      • Bill Moyers Journal
      • Center for Public Integrity
      • Public Radio International
      • Baltimore Brew
      • Free Press
    • Far Left/Socialist Media
    • Media with a Third Way Agenda >
      • MSNBC
      • Center for Media and Democracy
      • Public Radio and TV >
        • NPR and MPT News
      • TruthOut
  • Progressive Organizations
    • Political Organizations >
      • Progressives United
      • Democracy for America
    • Labor Organizations >
      • United Workers
      • Unite Here Local 7
      • ROC-NY works to build power and win justice
    • Justice Organizations >
      • APC Baltimore
      • Occupy Baltimore
    • Rule of Law Organizations >
      • Bill of Rights Defense Committee
      • National Lawyers Guild
      • National ACLU
    • Tax Reform Organizations
    • Healthcare for All Organizations >
      • Healthcare is a Human Right - Maryland
      • PNHP Physicians for a National Health Program
      • Healthcare NOW- Maryland
    • Public Education Organizations >
      • Parents Across America
      • Philadelphia Public School Notebook thenotebook.org
      • Chicago Teachers Union/Blog
      • Ed Wize Blog
      • Educators for a Democratic Union
      • Big Education Ape
    • Elections Organizations >
      • League of Women Voters
  • Progressive Actions
    • Labor Actions
    • Justice Actions
    • Tax Reform Actions >
      • Baltimore Tax Actions
      • Maryland Tax Reform Actions
    • Healthcare Actions
    • Public Education Actions
    • Rule of Law Actions >
      • Suing Federal and State government
    • Free and Fair Elections Actions
  • Maryland/Baltimore Voting Districts - your politicians and their votes
    • 2014 ELECTION OF STATE OFFICES
    • Maryland Assembly/Baltimore
  • Petitions, Complaints, and Freedom of Information Requests
    • Complaints - Government and Consumer >
      • Sample Complaints
    • Petitions >
      • Sample Petitions
    • Freedom of Information >
      • Sample Letters
  • State of the Democratic Party
  • Misc
    • WBFF TV
    • WBAL TV
    • WJZ TV
    • WMAR TV
    • WOLB Radio---Radio One
    • The Gazette
    • Baltimore Sun Media Group
  • Misc 2
    • Maryland Public Television
    • WYPR
    • WEAA
    • Maryland Reporter
  • Misc 3
    • University of Maryland
    • Morgan State University
  • Misc 4
    • Baltimore Education Coalition
    • BUILD Baltimore
    • Church of the Great Commission
    • Maryland Democratic Party
    • Pennsylvania Avenue AME Zion Church
    • Maryland Municipal League
    • Maryland League of Women Voters
  • Untitled
  • Untitled
  • Standard of Review
  • Untitled
  • WALSH FOR GOVERNOR - CANDIDATE INFORMATION AND PLATFORM
    • Campaign Finance/Campaign donations
    • Speaking Events
    • Why Heather Mizeur is NOT a progressive
    • Campaign responses to Community Organization Questionnaires
    • Cindy Walsh vs Maryland Board of Elections >
      • Leniency from court for self-representing plaintiffs
      • Amended Complaint
      • Plaintiff request for expedited trial date
      • Response to Motion to Dismiss--Brown, Gansler, Mackie, and Lamone
      • Injunction and Mandamus
      • DECISION/APPEAL TO SPECIAL COURT OF APPEALS---Baltimore City Circuit Court response to Cindy Walsh complaint >
        • Brief for Maryland Court of Special Appeals >
          • Cover Page ---yellow
          • Table of Contents
          • Table of Authorities
          • Leniency for Pro Se Representation
          • Statement of Case
          • Questions Presented
          • Statement of Facts
          • Argument
          • Conclusion/Font and Type Size
          • Record Extract
          • Appendix
          • Motion for Reconsideration
          • Response to Defendants Motion to Dismiss
          • Motion to Reconsider Dismissal
      • General Election fraud and recount complaints
    • Cindy Walsh goes to Federal Court for Maryland election violations >
      • Complaints filed with the FCC, the IRS, and the FBI
      • Zapple Doctrine---Media Time for Major Party candidates
      • Complaint filed with the US Justice Department for election fraud and court irregularities.
      • US Attorney General, Maryland Attorney General, and Maryland Board of Elections are charged with enforcing election law
      • Private media has a responsibility to allow access to all candidates in an election race. >
        • Print press accountable to false statement of facts
      • Polling should not determine a candidate's viability especially if the polling is arbitrary
      • Viability of a candidate
      • Public media violates election law regarding do no damage to candidate's campaign
      • 501c3 Organizations violate election law in doing no damage to a candidate in a race >
        • 501c3 violations of election law-----private capital
      • Voter apathy increases when elections are not free and fair
  • Maryland Board of Elections certifies election on July 10, 2014
  • Maryland Elections ---2016

July 24th, 2014

7/24/2014

0 Comments

 
Just a few more days on education policy------let's continue to look at higher education and Maryland is ground zero for the dismantling of our public education system at all levels.

Yesterday I showed that Economic students are demanding universities stop teaching only neo-liberal economics-----they said the field had become so narrow as to block all other thought.  Think how that translates to Common Core in our K-12.  They intend to do the same thing in our grade schools as they have done in universities.......narrowed the curricula to corporate policy.  'Competition' replaces personal best......'Getting the edge' becomes bullying........'Taking out the competition' becomes rape.  The level of aggression in our schools and universities is growing because of this corporate mentality.  Attacks on women are soaring even at universities because Chancellor Kirwan does not see himself as a public servant upholding public justice and Rule of Law-----


WE WILL SELECT WHOMEVER WE WANT TO BE HEARD IN ELECTION FORUMS AND THERE WILL BE NO DISCUSSION ON ANY UNIVERSITY OF MARYLAND CAMPUS THAT IS ANTI-NEO-LIBERALISM!

We heard recently that UMUC----the online college structure that O'Malley spent hundreds of millions if not a billion dollars to create is failing miserably.  No one wants online education yet neo-liberals funded by Bill Gates and Wall Street are going to push this until we have no choice they say.  O'Malley even went overseas to push our active military to use their GI Bill education benefits on these online degree programs----IT IS A DISGRACE.  As you will see below there is absolutely no research that shows these online education programs are providing any quality or creating higher achievement.  The data is not there.  The only reason they are creating these online venues for 90% of Americans is that it is cheap and only prepares for a job.

FORGET THE WELL-BALANCED EDUCATION THAT IS BROAD AND ALLOWS GRADUATES TO APPLY THEMSELVES TO MANY FIELDS.

First UMUC was going to be made a non-profit so the public could not see how it operates.....now University of Maryland is keeping a failed structure alive but wants to deregulate.  Bill Gates requires online instruction and neo-liberals are going to give it to him!
  The amount of education funding wasted on these global corporate policies mirrors O'Malley's tying the public to Hilton and Hyatt hotels in order to keep them from losing money.  Hundreds of millions of taxpayer dollars are lost every year in all categories of industry in what is clearly public malfeasance and fraud against the citizens of Maryland.  Why do we need a UMUC Asia/Europe?

Meanwhile financial aid and grants are being cut and that aid given is being tied to these cheaper structures as WE THE PEOPLE see our strong public education dismantled by neo-liberals. 

DON'T VOTE REPUBLICAN TO CHANGE THIS----THIS IS REPUBLICAN POLICY-----NEO-CONS ARE JUST AS BAD.



UMUC’s Mission in Asia


The mission of University of Maryland University College (UMUC) in Asia is to offer academic programs to United States military communities throughout Asia and the Pacific. While serving overseas, students can take a single course or many courses leading to a certificate, an Associate of Arts degree, a Bachelor of Arts degree, or a Bachelor of Science degree. Since University of Maryland University College is accredited by the Commission on Higher Education of the Middle States Association of Colleges and Secondary Schools, students can take courses with the intention of transferring their credits to other colleges or universities in the United States. Students may also continue their studies with UMUC online. Additional information is available at www.umuc.edu.

Although the educational setting is overseas, UMUC’s programs in Asia are in all respects comparable to those offered at public institutions of higher learning in the United States. Courses are taught by faculty whose credentials meet standards set by appropriate University of Maryland University College academic departments in Adelphi, Maryland. All UMUC courses taught in Asia carry University of Maryland University College resident credit. UMUC is committed to maintaining standards of academic excellence. The past 50-plus years demonstrate that those standards can be maintained in overseas settings.



UMUC Europe offers thousands of courses for students interested in associate's and bachelor's degrees and undergraduate certificates. UMUC also offers graduate-level certificates and several master's degrees in Europe. With UMUC's 150 locations worldwide, and extensive online offerings, students can begin and finish a degree with us regardless of where they are located.


I bet the citizens of Maryland did not even know UMUC was a global corporation.  Meanwhile fewer Maryland citizens are going to 4 year universities.


I don't hold any credence to these online workplace comment programs because they work like American Idol.  It is good to see a consistent referral to 'people needing to be treated with respect'. ' Low pay with no opportunity to grow'.  THIS IS NOT AN ENVIRONMENT WE WOULD WANT IN A PUBLIC UNIVERSITY.  THAT IS WHAT A CORPORATE STRUCTURE LOOKS LIKE.  That is because it IS  a corporate structure.  Under neo-liberals labor is treated as badly as if a Republican were in office yet every election Maryland labor unions get behind these neo-liberal pols.  We need the citizens of Maryland taking back the Democratic Party to reverse this failed neo-liberal/neo-con policy!



“Failing company, horrible management” Academic Advisor (Current Employee) Pros – Great vacation/time off. Get to become a state employee after 3 years.

Cons – Moral is so low! Micromanaged beyond belief, constant layoffs, not worth you time.

Advice to Senior Management – Treat us like the educated adults that we are. Learn to value your employees.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Add Employer Response
  1. Apr 8, 2014
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
     

    “Not good. Too many secrets and financial problems” Administrative Assistant (Current Employee) Largo, MD I have been working at UMUC full-time for more than 8 years


    Pros: Convenient location and great benefits Cons: Low pay and minimal advancement Advice to Senior Management: Treat the regular people like people No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company… More

                    

Below you see what the deregulation issues discussed by Mikulski and Kirwan will include----as you see again everyone in the system is in the dark as to what these discussions look like.  WE DON'T ALLOW CITIZENS IN MARYLAND KNOW WHAT WE ARE DOING SAY NEO-LIBERALS AND NEO-CONS.


UMUC considering plan to become independent nonprofit with ties to university system
Under proposal, it would no longer be a state entity; president seeks input from university community




By Nayana Davis, The Baltimore Sun

7:54 p.m. CDT, July 10, 2014

The University of Maryland University College, which has been struggling with declining enrollment, is considering severing some ties with the state university system to avoid burdensome regulations and work more closely with the private sector.

Under the proposal, the university would become an independent nonprofit organization that retains an affiliation with the state system. The school's president, Javier Miyares, said during a Thursday town hall meeting in Largo that the idea came from a task force of experts organized by the university as a response to a shrinking student body.

UMUC, a mainly online institution, has struggled with a competitive online education market and a smaller military. Members of the military or their families make up about half of the college's students.



The main objective of the proposal is to more readily secure partnerships with the private sector, including working with companies to make courses more employer-friendly and building relationships to help students secure jobs. Miyares said such partnerships can be challenging to forge as a state agency.

"This way we would not be bound by all the regulations and statutes that apply to a public state agency," Miyares said.

University officials also hope the move would help it attract more students outside the United States, though it would retain the University of Maryland name. Based in Adelphi, UMUC offers courses to students in 24 countries.

The plan would allow the university to keep ties with the 12-institution University System of Maryland, but the details have not been worked out. "The validity and credibility you get by being part of the University of Maryland system is huge," Miyares said.

No immediate action will be taken on the task force recommendation, as the school begins a process of soliciting feedback from the college community. University officials said there are few concrete ideas on how the effort would be implemented at this stage; Miyares said he wanted to get input first.

UMUC has the support of the University System of Maryland to look into alternate business models.

"The university is facing some significant challenges," said William E. Kirwan, chancellor of the system. "They are appropriately addressing those challenges."

Kirwan said a more concrete proposal would need approval from the system's Board of Regents before implementation, and possibly the governor and General Assembly. The governor's office declined to comment on the plan.

But some higher education experts expressed concern about the university putting out such a proposal with few details.


Barmak Nassirian, director of federal relations and policy analysis at the American Association of State Colleges and Universities, said it's not uncommon for public universities to form private-sector relationships to outsource certain functions, but it's unclear what the change in status would mean for the university.

"Honestly, I don't know what to make of this," he said. "The decision to operate under a different set of rules is interesting. Whether the move is good, I don't know."

UMUC has been struggling with declining enrollment both stateside and overseas since fall of 2011. Although the rate of decline stateside has remained less than 10 percent in the past three years, overseas enrollment declined 20 percent for spring 2014.

The school has struggled to increase enrollment because of competition from traditional academic institutions that have started offering Web-based classes and popular massive open online courses known as MOOCs, university officials said.

A shrinking military, which is facing large-scale budget cuts, also is a factor in loss of enrollment.

University officials said that 90 percent of its budget comes from tuition and 10 percent from the state. Other colleges in the university system get about 30 percent of their budgets from the state.

"We don't know what the future is going to be like," Miyares said. "But if we don't adapt, we will go into a death spiral."

UMUC's struggles are "a reflection of how competitive online education has become," Kirwan said. "What we do need is to explore if operational flexibility is possible."


"UMUC has been quite unique in the university system," Nassirian said. "It had been mostly self-sufficient because it provides excess revenue back to the system, but that [online] business model has not fared well as of late."

Traditionally, changes in business models for colleges have occurred when a struggling nonprofit university becomes a for-profit venture after a large corporation acquires it. Nassirian gave the example of the Clinton, Iowa-based school Ashford University being purchased by Bridgepoint Education.

Miyares said the change could occur as early as next summer. Academic programs and staffing levels are not expected to be affected if the model changes, unless enrollment continues to drop.

The school laid off 70 staff members from departments at the Adelphi and Largo campuses earlier this year, and 58 the year prior. The university employs about 2,000 in the U.S.

"The whole goal is to get enrollment up," Miyares said. "If enrollment is fine, there should be no dramatic difference to the academic side. This is a pivotal moment in our history."

nadavis@baltsun.com



________________________________________________

The article above gives yet another spin----that UMUC and online colleges are being edged out by the popularity of MOOCs-----only MOOCs are not popular.  They are used less frequently then online UMUC.  We are being fed nothing but spin and this happens more and more because the public universities that would be the first to shout THAT IS NOT TRUE ----IT IS SPIN are now the ones handing us spin because they are corporations.  Maryland Assembly was the very first to pass laws that move the accreditation process towards making these online structures legitimate.  NO ONE THINKS THIS IS GOOD POLICY.  Needless to say when it comes to bad education policy it is Johns Hopkins pushing it in Maryland.  Indeed, Baltimore is cursed with a gorilla in the room that pushes the worst of policy all so they can make more profits.


This looks like a Gates Foundation study-------most employers in North Carolina have not heard of MOOCS but 3/4 of them think they are good. Meanwhile, there is no interest in the public for MOOCs outside of simple extracurricular help with existing university structures. Gates says he will buy these policy implementation yet! You know, because he is the 'good billionaire' as NPR always tells us.



All Hail MOOCs! Just Don’t Ask if They Actually Work | TIME.com

Why Do So Many Students Drop Out of MOOCs?www.brighthub.com/education/online-learning/articles/...



Study: MOOCs Viewed Positively Among Employers

April 2, 2014 Inside Higher Education

Most North Carolina employers haven't heard of massive open online courses, but about three-quarters of them view MOOCs as having a positive effect on hiring decisions, a survey conducted by Duke University and RTI International shows. The study, founded by the Bill & Melinda Gates Foundation, also suggests 71 percent of employers could see themselves using MOOCs for professional development.

Think about how the real world views MOOCs but the article in the Maryland media makes you think they are supported.  It happens all the time because they can get away with it.  Online resources for education are good----everyone thinks online instruction adds to the classroom at any level.  The problem is that corporations have as a goal to replace the classroom with these online products ------aiming at the 90% of Americans becoming trapped by Vocational K-12.......
With all public education funding going to subsidize corporate research and Human Resources we have to make the cost of educating the 90% as cheap as possible say neo-liberals and neo-cons!  Calling MOOCS a democratizing tool in a nation with the strongest public education system in the world is a mockery.  STOP DEFUNDING AND DISMANTLING PUBLIC EDUCATION.


The University of Maryland is now taking a look at bestowing transfer credit to those who are able to demonstrate a specific level of knowledge after completing a MOOC.


- See more at: http://www.educationnews.org/online-schools/can-moocs-be-a-solution-to-the-us-student-debt-crisis/#sthash.uhO1mk7Y.dpuf


Are MOOCs really dead?

  • By Jake New, Editor, eCampus News
June 6th, 2014 Recent studies suggest that MOOCs are very much alive, but are not a threat to traditional higher education For some educators and journalists, the rasping final breaths of massive open online courses (MOOCs) began late last year.

They followed nearly two years of hype and excitement that even the most skeptical of instructors and reporters got swept up in. Many of those who denounced the courses did so in a similarly frantic fashion, writing proclamations and open letters condemning MOOCs, as though they were caught in a great academic war.

Then, suddenly, a blow was struck. And it came from one of MOOCs’ most famous creators.

“Sebastian Thrun, godfather of the massive open online course, has quietly spread a plastic tarp on the floor, nudged his most famous educational invention into the center, and is about to pull the trigger,” Rebecca Schuman wrote at Slate in November 2013.

It was a dramatic way of saying that Thrun had announced that his company, Udacity, would now focus its MOOCs more on vocational training rather than traditional liberal arts courses.

That Udacity was only one company of a growing number focused on MOOCs — and that many of these platforms, including its main competitor Coursera, still aimed to disrupt traditional higher education — did little to slow the wave of speculation.

It was the capper on a year of MOOC hand-wringing. If 2012 was the “year of the MOOC,” then 2013 was the “year of the MOOC backlash.” Those who trust Gartner’s “Hype Cycle” believed MOOCs were going through a common “trough of disillusionment,” that would soon be followed by a “slope of enlightenment.”

But by the start of 2014, many were already asking: “Are MOOCs dead?”

The answer is not as sensational as the question. MOOCs aren’t dead — not yet -- but they likely won’t be replacing any traditional means of higher education, either.




Here is the source of creating a massive online system of education for the 90% in Maryland-----Wall Street itself!  The quality of education drops each time they grow this online education industry.  Since it isn't working at the university level they are now talking of sending it to K-12 vocational.  Sitting children in front of computers for online classes the goal of education reform as vocational K-12----YOU BET


Johns Hopkins Offers Nine-Course Specialization in Data ...www.jhsph.edu/news/news-releases/2014/coursera...   CachedThe series of nine MOOCs are now open for enrollment and free to anyone. ... 615 N. Wolfe Street, Baltimore, MD 21205. ... Courses Careers Accreditation Web Policies ...

0 Comments

July 23rd, 2014

7/23/2014

0 Comments

 
THE REASON MARYLAND IS SILENT AS THE REST OF THE NATION BRINGS OUT MILLIONS IN PROTEST OF NEO-LIBERAL AND NEO-CONS POLICIES IS THAT ERHLICH/O'MALLEY HAS WORKED HARD TO PRIVATIZE MARYLAND'S PUBLIC UNIVERSITIES.  IT IS HERE THAT HOLDING POWER ACCOUNTABLE BEGINS AND THAT IS WHY NEO-LIBERALS FROM CLINTON TO OBAMA ARE WORKING AS HARD AS THEY CAN TO MAKE THEM INTO CORPORATIONS.

We saw yesterday that it is University of Maryland's Chancellor Kirwan seeing the need to deregulate universities.  Maryland has allowed for-profit career colleges defraud for a few decades now because of deregulation of private career education so now we need to see the same in our public universities.  Kirwan says we are making money using taxpayer money to patent research but we need to super-size the profits from the products we are now sending to the corporate structures attached to our campuses----YOU KNOW---THE 'BIOTECH FACILITIES'.  Kirwan and Mikulski are not only talking about getting rid of a silly regulation that is out of date----they are intending to deregulate how universities can operate as businesses.  All those requirements for receiving taxpayer money for research that make the public partners in this research need to go.  We have proprietary patents now with that taxpayer funded research and it is heading for the open market for profit! 

Below you see what Kirwan and Mikulski are working towards.  Corporations are dismantling their research facilities because universities ARE THEIR RESEARCH FACILITIES.  University students are now paying tuition to work in a corporate research project for free supported by NIH and NCA research money.  IT'S ALL ABOUT CREATING JOBS!  Actually, college grads are as likely now to remain unemployed now as at the time of the 2008 crash because global corporations and neo-liberals are keeping the US economy stagnant.  So, these students are more likely to work as VISTAs then to get a job in the field for which they received a degree.  Meanwhile, the foreign students coming in to get degrees------doing OK especially if they go back home to work for the US corporation overseas.  FREE LABOR PAID FOR BY TAXPAYERS----NOW THAT MAXIMIZES CORPORATE PROFITS SAY NEO-LIBERALS AND NEO-CONS.  See why taxes and tuition are soaring on the working and midde-class?  It costs lots to subsidize every corporate activity.

CORPORATIONS NO LONGER NEED RESEARCH FACILITIES------UNIVERSITIES DO THE RESEARCH AND ANYTHING THAT IS SUCCESSFUL COMES TO THE GLOBAL CORPORATIONS THROUGH STARTUPS BUYOUTS.  THE PEOPLE THEY HIRED TO DO THE WORK IN PRIVATE RESEARCH LABS ARE NOW STUDENTS PAYING TUITION.

The process of patenting university research while having corporations 'partnered' with these universities is a mockery as if people cannot see that this is why student tuition is soaring and all of taxpayer money is funding this 'university' research leaving no money for student financial aid and grants. Directors of these 'university' research facilities being paid like corporate executives.

LET'S GO BACK TO PUBLIC UNIVERSITIES AS PUBLIC EDUCATION!


Below you see what deregulation Kirwan and Mikulski are working towards......making universities driven by profit-----



Colleges Urged to Count Patents in Tenure Reviews

April 29, 2014
  Inside Higher Ed


Universities should begin making patents and other industrial and commercial research count toward promotion and tenure, in an effort to stimulate such research nationwide, argues a new paper in the Proceedings of the National Academy of Sciences journal. "There is a fundamental disconnect between technology transfer activities and incentives for faculty members in terms of merit raises, tenure and career advancement," Richard B. Marchase, co-author and vice president for research and economic development at the University of Alabama at Birmingham, said in a news release. "Beyond the monetary benefit of licensing, which is small in most cases, there is presently little to no benefit to a faculty member's merit raises, tenure and career advancement."

The paper builds on a 2012 report from the National Research Council and other groups saying that business and industry have "largely dismantled large corporate research laboratories that drove American industrial leadership," and which argues that research universities must "fill the gap."
In the new paper, called "Changing the Academic Culture: Valuing Patents and Commercialization Toward Tenure and Career Advancement," the authors argue that filling the research gap will entail changing the university "rewards culture" to value not only large research grants but also professors' patents and other commercial activities. Co-author Eric Kaler, president of the University of Minnesota, notes that this kind of work should not replace but "add to" traditional means of assessing scholarly activity. The paper's lead author is Paul R. Sanberg, senior vice president for research and innovation at the University of South Florida and president of the National Academy of Inventors. An abstract is available here.


_________________________________________________

Keep in mind the same global corporations for whom University of Maryland's Chancellor Kirwan and neo-liberals work are the same entities keeping the US economy stagnant-----and it is deliberate.  Remember, the bond market is going to crash causing a greater recession is so there is no intent to employ these grads----but they do free work and pay to do it with ever-higher tuition.  THIS IS A SWEET DEAL FOR CORPORATE PROFITS SAY NEO-LIBERALS IN MARYLAND!

The media shout that all of this a great education policy.  That more students are being sent to college and graduating with skills that corporations need.  OH REALLY? 

THEY NEED THEM TO WORK FOR FREE WHILE PAYING FOR COLLEGE AND THEN FORGET ABOUT IT AFTER GRADUATION.

The structure neo-liberals and neo-cons are building have the job pipeline coming from the Ivy League schools-----business leaders now come from these schools and any startups that may come from the public universities are simply bought by those corporations in the portfolio of Ivy League schools.  Working and middle-class grads are largely being funneled into poverty jobs or the military.


University of Maryland Baltimore County and Grabinsky were front page news as UMBC is the face of this free labor as corporate university.  While Maryland says its unemployment is 6.1% we all know that is only the number of people receiving unemployment checks.  Maryland's unemployment is 36% and growing with this economic model.  Remember, these are Republican policies of placing corporate profit first so voting Republican will not help----Democrats simply need to shake the corporate neo-liberals out of the Democratic Party!


FOLKS----THIS IS A NEO-LIBERAL ECONOMIC MODEL THEY CALL THE 21ST CENTURY ECONOMY!

All we need is to rebuild state economies having domestic businesses driving the economy and all of this will disappear.


The Deliberate Low-Wage, High-Insecurity Economic Model submitted by pmcovay3 ScienceIndex.com  Dec 2012

In contrast to the general biases of orthodox economists, the jobs crisis in America is not inevitable or natural-and more important, does not contribute to more economic efficiency through lower wages or more productivity. It is the result of deliberate political policy choices the nation has made at least since the early 1980s, when productivity was rising on a secular basis at a slow rate. Also, the policy choices were made before the rise of very low-wage emerging markets like China’s. In sum, there has been a low-wage, high-unemployment policy regime in the rich world, and especially in the United States, for a generation.


Students Call for Reform of Economics Education


May 6, 2014  Inside Higher Ed

Economics students in 19 countries have issued a joint call -- published in The Guardian -- to change the way economics is taught. The students' analysis (similar to that of some professors in the United States and elsewhere) is that economics has become too uniform in its approaches and too removed from real life. "[I]t's time to reconsider the way economics is taught. We are dissatisfied with the dramatic narrowing of the curriculum that has taken place over the past couple of decades," the letter says. "This lack of intellectual diversity does not only restrain education and research. It limits our ability to contend with the multidimensional challenges of the 21st century – from financial stability to food security and climate change. The real world should be brought back into the classroom, as well as debate and a pluralism of theories and methods. This will help renew the discipline and ultimately create a space in which solutions to society's problems can be generated."



All academics and analysts now look at employment figures as below----the employment to population ratio.  We all know some adults of working age may choose not to work but that percentage is not too high.  So, if 58% of the population is working------42% are not.  36% unemployment is about right.  As this article points out----with wages at an all time low people are now forced to have two incomes in a family.  The employment data media and government provides is simply meant to conceal this deliberately high unemployment.

Do you know who is not fooled by the failure of neo-liberalism------ECONOMICS STUDENTS!

The article above shows that university students are fed up with universities that only offer neo-liberal economic models in economic degree programs.  As this article states----WHY STUDY A FAILED ECONOMIC MODEL?  It is the duty of public universities to hold power accountable and give the public real data and we see this is not happening because of this corporate capture.

That is what university heads like Kirwan are doing.....they are appointed to force global corporate policies that no one wants and it is the governor that appoints these people to public universities.

Unemployment Data Manipulation The Economic Recovery is a Lie!
  By Seth Mason
Friday, November 1st, 2013  Wealth Daily

I've argued time and time again that, due to the severity of job losses during the Great Recession, there cannot be a true economic recovery until the labor market has recovered.

Unfortunately, hiring was weak in September, continuing a slowing trend that began in the spring.

To make matters worse, the majority of jobs created last month were menial in nature (nearly 2/3 of them were truck drivers, bureaucrats, salespeople, and temps). These trends have been ongoing throughout this economic depression.

The number of new jobs wasn't enough to keep up with population growth.

And yet the unemployment rate fell.

So, all is well... right?

Clearly, the "headline" 7.2% unemployment rate doesn't tell the whole story about the sad state of the American labor force.

You have to take any data from the Fed with a grain of salt, anyway, as the Obama administration has a vested interest in presenting the best-looking unemployment picture possible, just as all administrations have.

The employment-to-population ratio actually provides a much more accurate gauge of the health of the American job market — and wouldn't you know, it's been showing unhealthy readings since the economy crashed five years ago...

The proportion of Americans in the workforce has barely budged since falling from 63% to 58% during the Great Recession, as you can see on the following chart:



A Precipitous Decline

The last time the employment-to-population ratio was 58% — in the early 1980s — a relatively small proportion of American households sent more than one income earner into the workforce.

Now, in a nation of mostly one-breadwinner households, the 58% employment-to-population ratio was reasonable.

Today, however, due to a decline in real personal income (thanks for the inflation, Federal Reserve), most households send multiple income earners into the workforce.

In fact, it's not uncommon these days for households to have more than two income earners.

Under this paradigm, an employment-to-population ratio stuck at 58% like it's 1982 (when "homemaker" was still a common job title) is very unhealthy.


  Also worth noting is that a large percentage of the 58% of Americans who do work are working lower-quality jobs than they were before the economy crashed.

Although the population of the United States has increased by approximately 20 million since 2008, there are 5 million fewer “breadwinner” jobs in this country than there were before this economic depression.

"Breadwinner jobs" are those positions with a base salary of $35,000 or more that enable one to live independently, however meagerly. 

So the real health of the labor force is even worse than the unsettling 58% labor force participation rate!

Here we are, more than five years since the fall of Lehman, and the job market is still awful... and it's started to backslide again.



Niagara Falls

The Fed's Niagara Falls-scale liquidity pumping measures (I say "liquidity pumping" as opposed to "printing" because QE is only one of the Fed's tricks) clearly haven't had much impact on unemployment — or the federal government's $787 billion spending binge, also known as the grand "stimulus," for that matter.

Remember the laughable estimates of unemployment with and without the "Recovery Plan"?

According to the White House's October 2009 estimate (the dark blue line on the chart above), the Fed/federal government's plan should have taken us back to pre-recession unemployment levels by now...

Yet the unemployment rate sits at an unacceptable 7.2%.

And keep in mind the 7.2% headline unemployment rate belies the true awful state of the job market.

Considering the pitiful 58% employment-to-population ratio and the 5 million fewer breadwinner jobs since 2008, it would be an understatement to say that Washington's stimulus measures have failed to reduce unemployment. (That's assuming they were created for that purpose. More about that in a future article.)

We should expect more of the same from our esteemed central planners.

The Fed, which has officially delayed "tapering," will continue to pump indefinitely.

Uncle Sam will continue to borrow and spend like mad, whether he's wearing a DEM or GOP hat.

As a result, the "mother of all bubbles," as Nouriel Roubini has called it, will continue to expand...

And we'll continue party like it's 2006, only with higher unemployment.

We'll keep ignoring the fact that 2008 is just a couple of years away.

Happy crash 2.0!

Until next time,

Seth Mason for Wealth Daily
_____________________________________________


Having a policy that brings more foreign students into the US with the goal of green cards and employment in high-skilled jobs does nothing for the American people, the high unemployment, or creating quality education and higher achievement in our US students.  It is purely a profit-making scheme that continues to consolidate the wealth at the top.

Maryland pols are all neo-liberals so whether Milkulsi and Cardin working in the Senate on legislation to build corporate universities and send trillions of dollars to expand overseas as corporations-----or the Governor of Maryland O'Malley and the Maryland Assembly appointing these corporate university heads and building the corporate structures in our universities-----

THE SOLUTION IS SIMPLY REBUILD THE DEMOCRATIC PARTY IN MARYLAND BY RUNNING AND VOTING FOR LABOR AND JUSTICE.



Currency February 21, 2014

Should Universities Profit From Student Research?
By John Bringardner  The New Yorker





In 2011, Mayor Michael Bloomberg announced that Cornell University and Israel’s Technion would jointly open a new school on Roosevelt Island to help boost New York’s tech sector. The first buildings of the new campus won’t open until 2017, but classes are already under way in borrowed space on the third floor of Google’s New York office. And, on Monday, Cornell Tech, as the school is called, plans to announce that it has enrolled its first batch of post-doctoral researchers in a one-year “Runway” program, designed to launch them into business ventures based on their specialties: urban planning, e-commerce, health care. In an unusual twist, the school will invest in the companies founded through the program, but also allow students to keep ownership of the intellectual property they create on campus; typically, universities profit by keeping the rights to such property.



Cornell Tech isn’t the only institution to invest in student startups. Stanford announced last year that it would invest in companies founded by its students. M.I.T. also takes an equity stake in companies developed on campus. But Stanford and M.I.T. both require those companies to pay royalties on any technologies the students patent while in school.
Rather than negotiate complex patent-licensing rights with their researchers, Cornell Tech will treat the value of each post-doc position it awards—about a hundred and fifty thousand dollars—as an angel investment in any business spun out of the program; in exchange, Cornell Tech expects to get an average of a five-per-cent stake in each business. The Runway program echoes the accelerators and incubators popular among venture capitalists—three- or four-month programs in which entrepreneurs get resources to build new startups in exchange for a stake in their companies.

Universities didn’t always have the right to the spoils of the research they sponsored. The government spent heavily on research and development at U.S. universities during the Cold War, but new technologies developed with federal cash became government property. By 1980, the federal government had amassed twenty-eight thousand patents but licensed fewer than five per cent to companies that could turn them into products. That year, Congress passed the Bayh-Dole Act, which allowed universities to keep and profit from the patents their students and researchers developed on campus using federal funds. The Economist called it “perhaps the most inspired piece of legislation in America over the past half-century.”

Soon, offices focussed on “technology transfer” opened up in schools around the country, staffed with lawyers who poked around campus research labs and flipped through student notebooks to suss out patentable research that they could license to corporations. A new chemical combination might become a blockbuster drug; a technological breakthrough could lead to smaller, faster semiconductors.

In 2012, American universities earned $2.6 billion from patent royalties, according to the Association of University Technology Managers. The tech-transfer model is entrenched in medical schools and in biotech development. But its usefulness in the software world has been less clear. The success of a software startup often depends less on any particular innovation than on how several pieces of technology fit together and appeal to users. A company’s value usually becomes apparent years after it has developed and refined its business model, not at the moment it files a patent application. Plus, the very concept of a software patent hangs in the balance: in December, the Supreme Court agreed to review a case that could eliminate them altogether.

Cornell Tech’s approach—taking an equity stake in each company instead of licensing rights to a handful of patents—may be a more straightforward way for the school to profit from spin-offs. “Universities look to place a value on technology at its inception, finding a fair rate for splitting royalties between the school and the inventor, but that’s not the way digital startups work,” Cornell Tech’s Dean, Daniel Huttenlocher, said. “I think intellectual-property protection, especially in software and digital tech, is a very small piece of commercialization, one that becomes too big a part of the conversation when universities are involved.”

The Runway program is designed to turn deep academic research into a marketable product; its first post-docs have already spent years in the lab, sometimes running into dead ends and starting over in a way that pure academic research allows but investors don’t. “A principal mission of Cornell University is the pursuit of knowledge for the benefit and use of society,” the school’s existing intellectual-property policy reads. Whether society benefits most when knowledge is turned into an I.P.O. is an open question.

“The entire Bay Area is enamored with these notions of innovation, creativity, entrepreneurship, mega-success,” the historian and Stanford professor David Kennedy told Ken Auletta in 2012, in a report from Stanford. “It’s in the air we breathe out here. It’s an atmosphere that can be toxic to the mission of the university as a place of refuge, contemplation, and investigation for its own sake.” And when students showed up for their first classes at the temporary campus, in January, 2013, Isaac Kramnick, a professor of government at Cornell in Ithaca, told the Times, “The university has been at the forefront of big science since the 1940s and 1950s. Now it’s entering an era in which it seems to be interested in for-profit science, and that does require some thinking as to what the fundamental purpose of a university is.” (“Such potential for conflicts is quite manageable with the appropriate procedures in place, enabling this very effective interaction between students, faculty, and companies,” Huttenlocher told me.)

Yet universities are forging ahead with more business-oriented models. Over the past decade, angel investors, the main source of capital for startups, have made high-risk bets, providing money for startups to get off the ground in exchange for the right to a piece of the company’s equity if it succeeds. Most never do. Venture capitalists call their strategy “spray and pray,” sinking money into lots of different startups in the hope that at least one will be the next Facebook. It’s a gamble, but it could be a better way for universities to take advantage of the work their students are doing. The amount of revenue schools generate from patent licensing is small compared with over-all university budgets. Alumni philanthropy brings in far more money. “What would happen if schools gave up rights to their students’ intellectual property?” Adam Shwartz, the director of Cornell Tech’s Jacobs Institute, which runs the Runway program, asked. “Their patent revenue goes to zero, but down the line the successful alumni give back far more money. Here we have the first controlled experiment of this nature.”

Rendering of Cornell Tech by Kilograph.
____________________________________________

Below you see how bad the success rate of this model is for the student /school so a corporation directs the research it wants to fund----gets free labor and a taxpayer funded research facility----and VOILA all the failures are paid for by you and me.  No need for corporate R and D.  In lieu of corporate taxes these investment firms just send there money to these university projects and we are told this is the best mechanism for funding universities.

All work on campus is now product-driven-----professors are judged on patenting rather than academics or teaching.  Tenure is tied to being this corporate executive.  Students are engaged only in what will pay off and not with a broad education limiting their futures.  As this article shows it is the student that loses and graduates with the tuition debt and limited focus degrees.


What is sad is that the student's future success with whatever they create requires handing a percentage of future earnings to these university/venture capitalist and the few that do create successful businesses simply hand them to these global investment firms.  This is all simply universities as corporate facilities.

THE ENTIRE ACADEMIC MODEL HAS BEEN RUINED AND THE US IS AGAIN ON THE BOTTOM ACADEMICALLY IN ACADEMIC ACHIEVEMENTS.  THIS IS WHAT MIKULSKI AND KIRWAN ARE SITTING DOWN TO BOLSTER.

DEAR ENTREPRENEURS: Here's How Bad Your Odds Of Success Are
  • Henry Blodget  Business Insider

  • May 28, 2013, 11:03 AM

As a wise investor puts it: "Many turtles hatch. Few make it to the sea."


Everyone knows that starting companies — and investing in startups — is a risky way to earn a living. But few people appreciate just how risky it is.

Thanks to a recent tweet from Paul Graham, the founder of "startup school" Y Combinator, we now have a better idea.

Graham says that 37 of the 511 companies that have gone through the Y Combinator program over the past 5 years have either sold for, or are now worth, more than $40 million.

Most entrepreneurs would probably view creating a company worth more than $40 million as a success (unless the company raised more capital than that). And, on its face, the "37 companies" number seems relatively impressive.

In fact, however, the number tells a scary and depressing story.

This number suggests that a startling 93% of the companies that get accepted by Y Combinator eventually fail.

(Not all companies that sell for less than $40 million are "failures," obviously. Assuming a company hasn't raised much capital, a sale between $5 million and $40 million could be considered a success. But a high percentage of Y Combinator companies likely end up being worth zero. And for companies that are hand-picked by very smart investors, the 93%-below-$40 million rate is still surprisingly low). 

A company accepted by Y Combinator, therefore, has less than a 1-in-10 chance of being a big success.

More alarmingly, the companies accepted by Y Combinator are only a tiny fraction of the companies that apply.

Some have estimated that Y Combinator's acceptance rate is 3-5%.

If we use the 5% rate, we can estimate that Y Combinator has received about 10,000 applications for the ~500 companies it has chosen over the years.

Assuming Y Combinator has even a modest ability to pick winners, therefore, the odds that a company applying to Y Combinator will be a success are significantly lower than the odds of success of the companies accepted into the program.

If only 37 of the companies that have applied to Y Combinator over the years have succeeded, this is a staggeringly low 0.4% success rate.

Put differently, only one in every 200 companies that applies to Y Combinator will succeed.

The reality is that Y Combinator probably misses a few winners, so the actual odds are probably slightly higher.

But in case any entrepreneur or angel investor is deluding themselves into thinking that startups are an easy way to cash in, they might want to think again.









0 Comments

July 22nd, 2014

7/22/2014

0 Comments

 
Now that universities are corporations we need to get rid of all that public protection stuff that will keep them from being profitable.  Forget all that silly stuff about educating Americans to be citizens and leaders......forget equal opportunity and access for the disabled......you cannot maximize profits that way.  Let's open our universities to the world's rich and let them attend simply because they can pay higher and higher tuition.  THAT'S A NEO-LIBERAL AND NEO-CON FOR YOU.....IT'S ALL ABOUT PROFIT AT THE EXPENSE OF THE AMERICAN PEOPLE!

As you can see it is Maryland behind this deregulation attempt just as it leads in corporatization of universities into global systems. 


LOOK----THERE'S MIKULSKI -----MISS NEO-LIBERAL HERSELF.  SHE HANDED A COOL TRILLION OF TAXPAYERS MONEY OVER TWO DECADES TO MAKE JOHNS HOPKINS A GLOBAL CORPORATION AFTER ALL.

Also at the lead is University of Maryland Chancellor Kirwan-----you know----the one Cindy Walsh for Governor of Maryland is taking to court for rigging the elections for governor by choosing which candidates were heard on public university campuses across the state-----all of which is illegal.  Sure, we solve this corruption by fewer regulations!


WE WILL SELECT ANY CANDIDATE WE CHOSE FOR THESE ELECTION FORUMS FOR GOVERNOR SAYS CHANCELLOR KIRWAN.


Oh, that's how you keep installing legislation no one wants ----you rig the system so we cannot get people in office that will reverse these policies!  THAT'S KIRWAN FOR YOU-----A TRUE GLOBAL CORPORATE NEO-LIBERAL/NEOCON.  Public universities as the hotbed of democratic political debate?  That's no way to maximize corporate profits!

A New Deregulatory Push

February 13, 2014
By Michael Stratford  Inside Higher Education

WASHINGTON -- The last time the Higher Education Act came up for a vote in Congress in 2008, Senator Lamar Alexander trotted out a five-foot stack of cartons onto the Senate floor to show the enormity of existing regulations governing higher education.

Now that lawmakers are once again contemplating how to rewrite that massive piece of legislation -- which authorizes, among other things, the $150 billion-a-year federal student aid program -- Alexander is returning to his props.

Speaking to a group of community college leaders Wednesday, Alexander unfolded the full paper version of the Free Application for Federal Student Aid, which was taller than he is, to underscore his distaste for the federal government’s bureaucratic reach onto college campuses. And last week he made the same demonstration before a group of private college presidents.

Alexander said Wednesday that his goal is to “simplify and deregulate” higher education in the upcoming renewal of the Higher Education Act -- a process he has said should “start from scratch.”

“What we’re trying to do is establish a continuous process for deregulation to overcome the continuous momentum for overregulation,” he said, noting that the “inertia” for creating new regulations comes from across the political spectrum.

“The conservative senators, from my party, they’re sometimes the worst,” he said, describing how he has to remind his colleagues that they are “the party of federalism, the 10th amendment” when they want to impose conservative ideas on how colleges should be run across the country.

All of their ideas “sound good, but you know what happens when you have to comply with it: it takes time and money away from your mission,” he told a group of community college trustees and presidents.

Alexander has formed, along with three other senators, a task force to recommend ways to reduce federal regulations on colleges and universities.  

That group of higher education leaders gathered behind closed doors at the offices of the American Council on Education on Wednesday to begin producing recommendations on how to deregulate the industry. The panel consists of college presidents from a range of sectors and higher education associations.

Reducing or eliminating regulations on colleges has long been a goal of the higher education lobby in Washington, though previous efforts have largely been unsuccessful.

William E. (Brit) Kirwan, chancellor of the University System of Maryland and co-chair of the task force, said he was encouraged by the Congressional interest in reducing regulations.

“What seems different this time is the very strong commitment of these four senators,” Kirwan said. “They are determined to address this issue and get our help in finding some meaningful reforms.”


Alexander and Senator Michael Bennet, a Democrat from Colorado, attended Wednesday’s meeting, and two other lawmakers -- Senator Barbara Mikulski of Maryland, a Democrat, and Senator Richard Burr of North Carolina, a Republican -- are also on board.

The panel will focus on identifying “the most egregious, excessive regulations," but will also make recommendations on the Education Department’s rule making process in general, Kirwan said.

“The hope is that we can make some suggestions that will enable us to meet our obligations and be accountable to the federal government but to do so in a way that is cost effective and not excessively bureaucratic,” he said.

Kirwan said that one example of the type of regulations that his task force would be targeting is a campus safety rule that requires colleges to collect crime information from local police jurisdictions when students study abroad or when athletes travel to an out-of-town hotel.

The task force hopes to produce a report on its recommendations within the next 12 months, Kirwan said. The group will also be coordinating with the National Research Council, which was directed by Congressional appropriators last month to conduct a $1 million study of the cost of regulations on higher education.

Kirwan, who also chairs the subcommittee at the NRC that will oversee the study, said that work would be focused on all federal regulations that affect higher education, while the Congressional task force would focus only on Education Department regulations.

_______________________________________
This is what Kirwan and his group of global corporate bosses think they are going to do with our universities and deregulating gets rid of all that public justice and civil rights stuff....you know----THE US CONSTITUTION AND OUR STATUS AS AN EQUAL PROTECTION DEMOCRACY.  Who in the world wants people like this deciding what is good.


That is what testing from K onward is about----the state determining how a child will be tracked and into what vocation from elementary school on. Remember, school privatization means the entity deciding will be corporations. This is already happening in Baltimore and it is nothing but autocratic.

O'Malley has made his career as Governor of Maryland building these tracking systems into our schools at every level......it is failing miserably although spin will make it sound a great success.


It is the for-profit colleges AND THAT DEREGULATION that distorted who and how students went to college last decade and it is infused with fraud and corruption so it is not our decades-old system of allowing families to decide where and what that child will pursue that failed----

IT IS THE SAME PEOPLE WRITING THESE PRIVATIZATION POLICIES THAT DISTORTED A GOOD SYSTEM.


This article is long but please glance through!


College material or not: who should decide?


By Valerie Strauss March 26 (The Washington Post)

College, of course, isn’t for everybody, but who should decide — and how and when — which students should go and shouldn’t? In this post, Kevin Welner and Carol Burris ask whether the decision should be made by policy makers and school officials or parents and students after young people have had equitable opportunities to learn in elementary and secondary school.

Welner is the director of the National Education Policy Center, located at the University of Colorado Boulder School of Education. He is the author of the 2008 book, “NeoVouchers: The Emergence of Tuition Tax Credits for Private Schooling.” Burris is the award-winning principal of South Side High School in New York. She was named New York’s 2013 High School Principal of the Year by the School Administrators Association of New York and the National Association of Secondary School Principals, and in 2010, tapped as the 2010 New York State Outstanding Educator by the School Administrators Association of New York State.


By Kevin Welner and Carol Burris

Robin should become a printer. That’s what Robin Calitri’s school counselor told his dad in 1965. Robin thought his counselor’s advice was just swell. He wasn’t a motivated high school student. But his dad, who was a professor of English Literature at Hofstra University, made it clear to the counselor that his son was going to college.

Robin later became the principal of Long Island’s South Side High School and was a finalist for the national principal of the year in 1999. He would tell that story about the counselor whenever he explained the harm done by tracking—the sorting of some students into classes that are not designed to prepare those children for post-secondary education.

If his dad had gone along with the counselor’s recommendation, his son would likely have ended up in a trade that was becoming obsolete. To his credit, Robin understood that this was precisely the situation faced by children in working-class and poor families. Research on tracking and choice confirms this; working-class and poor families, as well as parents without a college education, are more deferential to the advice of school authorities and less willing to push back on the system. Robin also understood that a young person’s future hangs in the balance when school authorities are making rules that will cut off college as an option.


Yes, we can all agree: college is not for everybody. But should school officials and top-down policy makers decide based, for example, on Common Core college readiness test scores, or should the decision be left to parents and students after schools have given them meaningful, enriching, equitable opportunities to learn?


While college is not for everybody, opportunities to be prepared for college definitely should be.
When college-educated parents have the capacity to secure the college advantage, they certainly seize it for their own children. It is not unusual, for example, to see upper middle class parents spend thousands on tutoring—including tutors for the SAT and the college essay. College-educated parents understand that a four-year diploma is key to securing financial success.

That’s just one reality that Mike Petrilli, the executive vice president of the Fordham Institute, refuses to confront in his article in Slate, with the man-bites-dog title, “Kid, I’m Sorry, but You’re Just Not College Material” Is exactly what we should be telling a lot of high school students.”

The “we” who are the deciders is left somewhat undefined, but it’s safe to assume that the use of “we” does not give power and capacity to the students themselves.

Before continuing, this is a good spot to pause and acknowledge when we are talking about other people’s children. The two of us, like Mr. Petrilli, represent families where post-secondary education is a given. Accordingly, we’re essentially debating what’s best for those “other” families. As we contemplate tinkering with their fate, it is wise to remember John Dewey’s axiom:

“What the best and wisest parent wants for his own child, that must the community want for all of its children. Any other ideal for our schools is narrow and unlovely; acted upon, it destroys our democracy.”

Perhaps we are unwise in working our tails off for our children to go to college. But unless and until we acknowledge this, we should be wary of sending other families down a different path.


The vocational education push isn’t coming from just Mr. Petrilli. As he notes, it’s also coming from a project headquartered at Harvard University (apparently with no irony intended) as well as from policymakers throughout the nation. The Education Commission of the States recently studied the “State of the State” addresses from the nation’s governors and found that “at least 13 governors and the D.C. mayor outlined proposals improving or expanding CTE [career and technical education, aka vocational education] options for students.”

Mr. Petrilli and the governors are correct to the extent that they are simply acknowledging that not all children will go to college and that those who do not should nonetheless have opportunities to thrive. It is also true that the decision to forgo or delay college should be made before graduation day.

From that point on, however, the “sort and select” advocates get almost everything wrong. Their fundamental two-part assumption is, first, that they can and should identify children who are beyond academic hope. Second, they believe that it is possible and beneficial to identify these children early, separate them from their academically oriented peers, and put them on a track that hopefully prepares them for post-secondary employment but does not prepare them for college.


Equitable schools reject such tracking policies because they believe in the American Dream and because they have learned from past mistakes.
History tells us that schools should not be in the business of foreclosing children’s options. At the start of the 20th century, schools faced an influx of immigrants, and policymakers responded by creating programs for those who were called the “great army of incapables.” Vocational tracks prepared immigrants to be factory workers, while the children of well-off parents were given a college preparatory education. This pattern of separating students into different classes was repeated during the era of racial desegregation as a way to maintain segregated classrooms—and then again in the 1970s when students with special needs were increasingly enrolled in mainstream schools.

History and research show that when schools sort in this way, it is the disadvantaged children who are directed toward lower-tier tracks. No matter what criteria are used—scores, recommendations or even choice—the same patterns of stratification occur. Accordingly, when lawmakers adopt these misguided policies, they open up opportunity gaps that inevitably lead to the achievement gaps that these same lawmakers then decry.

Mr. Petrilli concedes that he understands the danger. Describing the bad old days, he writes, “Those high school ‘tracks’ were immutable, and those who wound up in ‘voc-ed’ (or, at least as bad, the ‘general’ track) were those for whom secondary schooling, in society’s eyes, was mostly a custodial function.” Yet he turns back to voc-ed because, as he contends, the odds are otherwise too long for disadvantaged students.

Beginning with the statistic that only 10 percent of these disadvantaged students earn a four-year degree, Mr. Petrilli asserts that if we work really hard as a society maybe this number would rise to 30 percent, which for Mr. Petrilli is not good enough. Since recent data show that 33.5 percent of Americans ages 25 to 29 have at least a bachelor’s degree, that sounds like a pretty good outcome to us. By the way, that’s the highest percentage ever for Americans, and it doesn’t include those who earn two-year degrees as well as certificates in our community colleges and post-secondary technical schools.


The “You’re Not College Material” approach is the same one we use far too often in schools.  Too many kids hear--You’re not ‘honors’ material, or Challenging science and math isn’t for you. And every time that strategy is used, we see the same results—classes that are stratified by social class and race. It’s an approach that reinforces existing inequalities. To say in a supposedly neutral way that not all students will go to college is disingenuous without first acknowledging something else: that what’s really being said is that we should accept that college is for the already advantaged.

On some level, Mr. Petrilli grasps these concerns—when he acknowledges the past harms of tracking and that “when judgments were made on the basis of ZIP code or skin color, the old system was [deterministic, racist, and classist].” What he doesn’t acknowledge is that his new system would be the old system.

It’s interesting to us that the Petrilli article’s argument relies in part on the German system of tiered schooling, where college-bound students head to the Gymnasium while vocation-bound students head to the Hauptschule or Realschule. Yes, it’s true that students attending the German vocational schools do better than voc-ed students here, in part because of a more equitable job sector following graduation. But a team of German psychologists recently published an article in The Journal of Educational Psychology on the effects of the German vocational track on the development of student intelligence—and they found that students in the academic track experienced substantial IQ gains as compared to those voc-ed students. Not only did the learning gap grow, so did the very capacity to learn between German academic and vocational students. That outcome should give us pause.

Our quarrel is not with offering vocational opportunities in high schools. Rather, we favor a smart and fair approach that works for children and families who, at the right time and place, make the choice for a career after high school.
We might, for example, retool our two-year colleges so that they offer more programs in technology and other marketable areas, without making students jump through remedial hoops to stay. We might also follow the lead of Finland and prepare students with a strong and equitable academic education without tracking until age 16, and then allow them to make meaningful career and life choices. We may even look at promising models, such as California’s Linked Learning schools, which integrate career preparation while still preparing students for college. High schools have an obligation to do their best to prepare students for college and career; preparation for both has more overlap than often assumed.


We reject, however, No College for You! proposals that sort  14 year olds into vocational high schools. South Side High School, one of the best in the nation, would likely be a very different place if co-author Carol Burris’ predecessor, Robin Calitri, had obliged his counselor when he was told “Kid, you are not college material.”  That counselor did not have the right to make that decision—and neither does Mike Petrilli.



___________________________________________

Neo-liberals installed the education policy in South Korea after the Korean war that it is trying to install in the US today.  The difference is that the US has a history of public education and people as citizens with the rights to legislate and equal protection laws.  From Korea this policy traveled to China and Singapore and involves very autocratic and pedantic learning where parents in these countries have been fighting for decades to get rid of it.  NO ONE LIKES THESE NEO-LIBERAL EDUCATION POLICIES.  Look below and you see the AFT union leader Weingarten with Arne Duncan praising this neo-liberal model.  Weingarten allowed the AFT to support these Race to the Top and Common Core policies for the first years of Obama's terms but the public outcry and teachers grew too large for Weingarten to follow the neo-liberal lead and as you see in the article after this one-----the AFT is now fighting Obama's and Wall Street's education reform.

IT WAS THE PUBLIC OUTCRY THAT FORCED THIS UNION LEADER TO STOP FOLLOWING NEO-LIBERALS.  WE MUST HAVE THE PUBLIC PROTESTING LOUDLY AND STRONGLY TO SUPPORT TEACHERS IN KILLING THIS VERY BAD EDUCATION REFORM.  NEITHER REPUBLICANS NOR DEMOCRATS WANT THIS REFORM.  IT IS ONLY ABOUT MAKING EDUCATION INTO GLOBAL CORPORATIONS.



I spoke at great length about the Finland model for education that has made Finland number 1 in education.  Finland embraced the American model of the 1950s and 1960s while the US was dismantling the best in the world public education to make this corporatized model they are pushing today. 

THE AMERICAN PEOPLE ARE GOING BACK TO THE PUBLIC EDUCATION BUILT FOR DEMOCRACY AND AWAY FROM THIS AUTOCRATIC CORPORATE MODEL.




Which winning ideas could the U.S. steal from Singapore?


Singapore has one of the best education systems in the world, according to international assessments. President Barack Obama and Secretary of Education Arne Duncan talk about its performance. United Federation of Teachers President Randi Weingarten visited in 2012 and her counterpart at the National Education Association, Dennis Van Roekel, has praised its teacher training. And in 2012, Singapore was featured in the first-ever International Summit on the Teaching Profession as a country that many places – including America – could learn from.



In light of all this hype, I spent the past week in Singapore visiting schools to find out why they are so successful. But, not surprisingly, there’s no big secret or magic trick that the United States could simply copy tomorrow. Rather, my impressions were of a nation where education is respected, where educators and administrators think critically about their jobs and the qualities they want their students to develop and where self-reflection is ingrained. Those are qualities already found in many American schools, and that reformers are trying to spur in others.

But some of Singapore’s latest strategies go beyond or challenge some of the most popular ideas right now for improving American schools. At the same time, it’s important to remember the vast differences between the two countries that make it difficult to transfer ideas. Here are my main takeaways from my conversations with educators, students and education officials:

- Singapore is looking to revamp their standards. As most states in America continue the rollout of the Common Core State Standards, an internationally benchmarked guide laying out what students are supposed to learn in each grade in math and English, Singapore also has changes planned. But education officials there are more concerned about some less tangible skills, like collaboration and creativity, and coming up with ways to systematically introduce those into the curriculum. In theory, the end goals of Common Core and Singapore’s newest push are similar. They both aim to create individuals with critical thinking skills who can thrive in a modern economy. But as we try to copy Singapore’s methods, like their math sequencing, educators there are already moving on to new ideas.

- Lots of Singaporean students are stressed. The country is looking for ways to reduce this and trying to decrease the emphasis on grades and test scores. The Ministry of Education is trying to reduce the emphasis on the primary school exit exam, which all students have to take to determine which secondary school they will attend, for instance. But many people told me one of the biggest challenges will be changing the mindset of parents. Not all students in Singapore worry endlessly about exams, but several people said that for those that do, parents are a primary source of their anxiety.

- Singapore is small. As several people pointed out to me, if you drive for an hour in any direction, you arrive at the water. While some people told me the small size of the country has disadvantages for education – it severely limits options for field trips for instance – it also has its benefits. Most notably, the country’s size, along with the fact that the schools are run by a centralized authority, allows the Ministry of Education, the National Institute of Education – which trains every teacher in the country – and the schools to be in close communication about research and new strategies. New programs can be implemented quicker and the National Institute for Education can easily keep track of what is actually happening in classrooms to tweak its offerings when needed.

- The schools are big. Half a million students are enrolled in the island’s schools, but most schools have student populations of more than a thousand – even at the primary level. With that many students, classes of 35 to 40 are typical, but nothing seemed disorderly. The atmosphere in the classrooms that I visited switched between formal and relaxed. Students bowed to greet visitors and again to thank them for coming. They stood up to speak whenever called upon, and chatter while a teacher was talking was almost nonexistent. At the same time, though, laughter was common. Teachers would gently tease students and discussion was highly encouraged.

Not everything Singapore does would apply to our much larger, decentralized education system and not everything they do should be emulated. But there are some inspirations we could draw from the country, such as trying to get more high-performing students into the classroom as teachers or being more explicit in the character qualities we want students to develop – without obsessing over how to measure them.

__________________________________________

As a social democrat I do not want to break from the Democratic Party-----I want to take the Democratic Party back from corporate neo-liberals.  The important thing is that more and more people are understanding where this is going and know we can stop and reverse this no matter what political stance you take.  We need Republicans pushing against this as these policies are written by neo-conservative and neo-liberal think tanks.

'The way forward for teachers requires a complete break with the pro-corporate trade unions and Democratic Party.


.......calling for Duncan’s resignation, saying he had championed a “failed education agenda” consisting of policies that “undermine public schools and colleges, the teaching education professionals, and education unions.”




Seeking to regain credibility, US teachers unions criticize Obama’s education secretary
By Phyllis Scherrer
22 July 2014


After spending the last five-and-a-half years collaborating with the Obama administration’s attack on teachers’ jobs and conditions, the two teachers’ unions in the US recently passed resolutions seeking to distance themselves from Secretary of Education Arne Duncan and his anti-public education policies.

The National Education Association (NEA) passed a resolution at its national convention in Denver, Colorado, on July 4, calling for Duncan’s resignation, saying he had championed a “failed education agenda” consisting of policies that “undermine public schools and colleges, the teaching education professionals, and education unions.”

This was followed by a July 13 resolution at the American Federation of Teachers (AFT) conference in Los Angeles, California, which called on President Obama “to implement a secretary improvement plan” for Duncan, modeled on the punitive testing measures used to fire “failing” teachers. “If Secretary Duncan does not improve, and given that he has been treated fairly and his due process rights have been upheld, the secretary of education must resign,” the statement read.

The conventions were held just weeks after Duncan’s enthusiastic support for the Supreme Court’s ruling in the Vergara v. California case, which attacks tenure and another job protections won by teachers over decades of struggle. At the time Duncan hailed the right-wing forces behind the lawsuit, saying, “millions of young people in America” are “disadvantaged by laws, practices, and systems that fail to identify and support our best teachers and match them with our neediest students.”

The NEA and AFT resolutions, however, were nothing more than an exercise in damage control by the unions, aimed at reviving the credibility of both unions, which have been undermined by their collaboration with Duncan and the administration’s pro-corporate “school reform” agenda. The resolutions will have no affect whatsoever on the continued collaboration of the teachers’ unions with the Obama administration.

In fact, the day the NEA convention passed its resolution, officials from the rival AFT were at the White House meeting with Duncan to collaborate on the implementation of a new “teacher equity plan,” another teachers “evaluation” plan to rid poor school districts, with the assistance of the unions, of higher paid, more senior teachers.

Duncan dismissed the NEA resolution with the contempt it deserves, saying, had NEA officials not been at their convention, “I think they would have stood with us on this” today, too. He congratulated new NEA President-elect Lily Eskelsen Garcia and added, “We’ve had a very good working relationship with the NEA in the past.”

In addition to concealing their own role, by presenting Duncan as the author of this anti-teacher agenda, the unions are seeking to protect President Obama and the Democratic Party. The teachers unions promoted the lie that Obama would reverse the attacks of his Republican predecessor. In fact, the Democratic president has gone well beyond the attacks associated with Bush’s No Child Left Behind (NCLB) Act of 2001.

Under Obama’s Race to the Top (RTTT) the administration allocated $4.35 billion to fund a “competition” designed by the Bill & Melinda Gates, Eli Broad, Boeing, Walton Family and other Foundations. School districts were forced to vie against each other for funds already severely reduced under Bush’s NCLB—federal funds that under the War on Poverty reforms of the 1960s were allotted directly to districts serving high percentages of students in poverty.

Under RTTT “winning” districts are those who agree to fire teachers and close or privatize schools based on poor standardized test scores, which are chiefly the result of poverty and decades of budget cutting, not bad teachers. Since the implementation of RTTT, public schools have been starved of funding, 330,000 teachers and other public school employees have lost their jobs, at least 4,000 public schools have been closed, and the number of students enrolled in charter schools has doubled.

Obama and the Democratic Party have embraced the anti-teacher nostrums long associated with the most right-wing sections of the Republican Party. This is underscored by the fact that former White House press secretary Robert Gibbs and several other former Obama aides are spearheading a national public relations drive to support lawsuits in New York and other states, modeled on Vergara, to overturn teacher tenure, seniority and other job protections.

On the local level, Democratic mayors and school officials from Chicago, Philadelphia and New York to Detroit, New Orleans and Washington, DC, have spearheaded the attack on public education and expansion of for-profit charters.

The well-heeled executives who run the teachers’ unions--including AFT President Randi Weingarten and NEA President Dennis Van Roekel who received salaries of $543,150 and $306,286 respectively in the last year alone—are not opposed to the pro-corporate school “reform.” On the contrary, they are only looking to be partners in this process, as the AFT slogan, “School reform with us, not against us,” makes clear.

Both the NEA and the AFT were direct recipients of Gates’ money for the implementation of the so-called Common Core curriculum, which will be used to further attack teachers, while subordinating public education to the needs of profit-making technology and publishing companies. In 2012, the AFT accepted $4.4 million in order to “work on teacher development and Common Core Standards.” In July 2013 the NEA endorsed the Common Core and was awarded $6.3 million to assist with developing the Common Core Curriculum.

As teachers became wise to the character of Common Core, and every more disdainful of the AFT’s support of it, AFT officials tried to distance themselves from Gates last March by refusing to take any additional money from the Gates Innovation Foundation Fund, only one of several conduits of the billionaire’s money to the AFT.


Part of the grandstanding against Duncan is the increasing turf war between the AFT and NEA and their competition for dues money among a shrinking number of teachers. The AFT convention passed a dues increase by 45 cents per month this year and 55 cents per month next year, for a total monthly dues bill of $18.78 for each member by September 2015—largely to offset the loss of Gates money—and is increasingly seeking to get a foothold among low-paid charter teachers, as well as non-teaching members like nurses.

The NEA, the nation’s largest union, with just over three million members, including teachers, paraprofessionals and higher education instructors, has seen a significant drop in membership. Since the 2010-2011 school year, which coincides with the recession and the election of Obama, union membership for the NEA is down by 201,000 of its teacher members.

Under conditions in which more states are enacting Republican-backed “right-to-work” laws, which end automatic dues deduction from teachers’ paychecks, and sections of the Democratic Party are openly discussing dispensing with the services of the unions altogether, the AFT and NEA are doubling down to ensure state and local officials that they can be relied on to slash costs, destroy teachers’ conditions and suppress opposition to the closing of schools and the attack on education.

Over the last five years there have been growing struggles of teachers—in Wisconsin, Chicago, Portland, Oregon, St. Paul, Minnesota, and other cities—which have led to a direct clash between teachers on the one hand and the Democratic Party and their servants in the trade unions on the other.

Well aware of the growing anger of rank-and-file teachers, a section of trade union bureaucracy and its supporters in pseudo-left movements like the International Socialist Organization, whose supporters have gained union positions in Chicago, Los Angeles, New York City and other districts, are doing everything they can to refurbish the image of the teachers’ unions.

Their model of “social justice unionism” has proven to be a dead end as the betrayal of the 2012 teachers strike, by Chicago Teachers Union President Karen Lewis and Vice President Jesse Sharkey, a supporter of the ISO, showed. The CTU shut down the nine-day strike by 26,000 Chicago teachers before it could develop into a direct political confrontation with Mayor Rahm Emanuel—Obama’s former White House Chief of Staff—and the White House.

This betrayal gave Emanuel the green light to close 50 schools and lay off 3,500 teachers and school workers. As a reward, an AFT-affiliated union was given the franchise to “organize” low-paid teachers at the Chicago United Neighborhood Organization (UNO) charter schools run by one of Emanuel’s closest supporters.

Lewis and the CTU are now promoting the idea of running “independent” political campaigns in Chicago. Far from challenging the Democratic Party and advancing any independent political strategy for the working class, these campaigns fully accept the domination of society by the corporate and financial elite and are solely aimed at pressuring the Democrats to more effectively use the unions as partners in the dismantling of public education.


The way forward for teachers requires a complete break with the pro-corporate trade unions and Democratic Party and the fight to mobilize the working class as a whole against the profit system and to defend all of the democratic and social rights of the working class, including access to high quality public education.


____________________________________________
Below you see how other states still have democratic debates and open elections while in Maryland any politician that speaks against neo-liberals and neo-cons are censured.  We must fight for free and fair elections to make sure we can vote these neo-liberals out of office.

Remember, Common Core is not about quality education.....it is about controlling what is taught.  Science, Technology, Engineering, and Math are already standardized and we do not want our humanities and liberal arts standardized because that is what makes the US a plurality and democracy-----differing points of view.  So this is simply a policy meant to give global corporations control of what our children learn in classrooms.

We have the AFT, the CTU, and it looks like the UFT moving against these education reforms and now we need parents and communities fighting with them.  It does not matter your political stance----these policies hurt all Americans.


New York Now Leads the Way in the Movement Against Common Core- At The Polls | With A Brooklyn Accent
20 Jul 2014   | Common Core · New York Share NPE News Briefs

Something truly extraordinary has happened in the New York State Gubernatorial race-something with broad national implications.  A big money Democratic Governor, Andrew Cuomo, who thought he was going to make himself a front runner in the 2016 Presidential Race by ramming through legislation requiring teacher evaluations based on Common Core aligned tests, has generated so much opposition among teachers and parents that there are now three different Gubernatorial candidates who oppose Common Core- the Republican candidate, Rob Astorino, the Green Party candidate, Howie Hawkins, and the new and quite formidable challenger in the Democratic Primary, Zephyr Teachout.

There are two reasons this situation is “game changer”

First, it shows how much opposition to Common Core is emerging  across the political spectrum.  For the last year, Common Core supporters in the media, the corporate world, and the US Department of Education have tried to portray Common Core opponents as extremists whose views should be rejected out of hand, but the what we have in New York is a mainstream Republican, a strong candidate on the left, and a liberal Democrat all saying that Common Core is untested, undemocratic and a threat to strong, locally controlled public schools.  And this position is going to be put forward strongly from now until election day. Even if Andrew Cuomo wins the Democratic primary, he will be facing two strong anti-Common Core voices in the general election.

0 Comments

July 18th, 2014

7/18/2014

0 Comments

 
from subprime mortgage fraud to municipal bond fraudFRO
FROM SUBPRIME MORTGAGE FRAUD TO MUNICIPAL BOND FRAUD-----NEO-LIBERALS AND NEO-CONS ARE ALL ABOUT MOVING MONEY TO THE TOP ANY WAY POSSIBLE

Let's compare again the 2008 subprime mortgage crash and the coming bond market crash to see it is neo-liberals working with neo-cons deliberately manufacturing these crashes with the goal of moving ever more public assets to the top.  Clinton's administrative team with Robert Rubin at Citigroup created the subprime mortgage plan with Greenspan and Tim Geithner and the Federal Reserve's Bernanke with Obama created this bond market crash.  Both required the neo-liberals in Congress to pass the laws allowing the conditions.

As we know the foreclosures on homes are still going strong and Maryland leads the pack.  Remember, almost none of the parking ticket of a settlement for subprime loan fraud made it to the victims of fraud---it is being sent back to the banks paying the settlement in the form of development subsidy.  So the transfer of homeownership has never stopped since we elected a super-majority of neo-liberals.  A ridiculous attempt at refinancing with a program called HARP delayed dispensing money for years and is now advertizing to help through the same mortgage lenders having committed the frauds.  Most people have of course lost their homes through yet again a fraudulent foreclosure process.  Can you imagine handing HARP to the same institutions defrauding trillions from the FHA? 

THESE CORPORATE POLS COULD CARE LESS WHAT YOU AND I THINK----THEY THINK THEY HAVE ELECTIONS CAPTURED AND WE CANNOT MAKE CHANGE!  THEY ARE WRONG!



'So, have QE and the ballooning debt been a fantastic success or a Questionably Effective policy designed to recapitalize banks and the financial elite at the expense of most others, including pension funds, retirement accounts, savers, and bond funds'?

QE is simply a policy to allow the FED to leverage debt to buy the toxic subprime loans from Wall Streets accounts making them look as though they have recapitalized.  Those trillions that the FED bought are the most toxic of subprime mortgage loans.  The second goal was lowering the interest rate for selling homes because after all Wall Street had tens of millions of foreclosed homes coming to them and they needed to sell them as cheaply as possible to maximize bank profits.  So while neo-liberals in Congress bailed out the banks---they left Main Street in mass foreclosure all designed to move these homes to Wall Street where they were bundled and resold to the same investment firms creating the mortgage frauds.  QE lowered interest rates to zero and the only ones benefitting were those banks peddling foreclosure bundles and the foreigners laundering their looted wealth from their country to US real estate.  That was the rising sales you heard on TV news.  We see it in Baltimore as developers are buying huge tracts of communities for next to nothing ----these communities being the ones devastated by the subprime loan fraud and foreclosures.  Consolidated ownership of property is good for no one.

The FED has a mission of economic stability and low unemployment and it is fraud and malfeasance when the policies they push do the opposite.  They pretended unemployment went down when it is now at 36%----they pretended they were keeping inflation low when it is at 5% ---and they certainly will not be able to claim economic stability when the market crashes in 2015 from the bond implosion. 

ALL INSTITUTIONS ASSOCIATED WITH GOVERNMENT ARE OPENLY WORKING AGAINST THE MISSION OF PROTECTING THE AMERICAN PEOPLE AND ONLY A FEW ARE BEING MADE RICH FROM THIS MALFEASANCE.

For those thinking their pensions have made gains to replace losses from 2008-----those gains are about to disappear and then some.


QE: Quantitative Easing or Questionably Effective

-- Posted Tuesday, 8 July 2014
By GE Christenson

We all know the S&P 500 Index has been on a 5+ year rally to all-time highs – thanks to ultra-low interest rates and the levitating wonder of “printing money” via QE – Quantitative Easing.  Examine the following chart of the S&P for the past 20 years.

If you were a member of the top 5 – 10% and had a large investment in the stock market, you increased your nominal net worth. However, if you were in the bottom 90%, then the wonders of QE did not “trickle down” to you and your family, except as higher prices.

Pension and retirement funds benefitted to the extent of their stock investments but they were hurt by generational low interest rates in their bond portfolios.  Simply put, the stock market rally benefitted a narrow band of society – mostly the political and financial elite and upper middle class.

But how does the massive rally in the S&P look when priced in barrels of crude oil?  Examine the following chart of weekly S&P divided by weekly Crude Oil prices – both smoothed with a 52 week moving average.


That rally in the S&P, when priced in barrels of crude oil, does not look nearly as impressive.  Remember – a small percentage of people benefit from higher stock prices, but everyone pays when oil prices rise.  The price of crude oil affects food prices, gasoline prices, shipping costs, home heating costs, mining and manufacturing costs, and so many more. 

When we look at the S&P in terms of crude oil, we see:

1)    The ratio is DOWN over 75% from its peak.

2)    The ratio has been essentially unchanged since 2006.

3)    The price of crude has risen for the last 14 years - much more rapidly than the S&P, along with a massive increase in debt and the money supply.

4)    A few people benefitted from the nominal rise in the S&P and most people were hurt by the rising costs of energy, gasoline, manufacturing, food, and so on.

5)    The overall US economy seems to be sputtering, unless you believe what financial television is “selling.”

So, have QE and the ballooning debt been a fantastic success or a Questionably Effective policy designed to recapitalize banks and the financial elite at the expense of most others, including pension funds, retirement accounts, savers, and bond funds?

QE looks like it produced a toxic cloud of dangerous mal-investment, debt and currency bubbles, higher consumer prices, and a weakened economy. 

___________________________

The FED was busy taking trillions of subprime mortage loans off banks accounts leaving the FED leveraged to the max right before this coming bond crash.  What happened when the insurance corporation AIG was tethered to this same fraud?  Taxpayers paid the debt and indeed the FED's debt will be handed to taxpayers with this coming bond crash.

The other stash for toxic loans was Freddie and Fannie and rather than making banks write off those fraudulent loans to clear the debt on these public/private entities-----Obama and neo-liberals are embracing the debt as public debt and taxpayers are paying off yet another trillion in fraudulent loans there.

Friday, September 14, 2012
 
QE Infinity: Fed Buying More Toxic Assets From Banks Will NOT Help Main Street Dees Illustration

Eric Blair
Activist Post

Ben Bernanke and the Federal Reserve announced an open-ended bailout for the banks yesterday by a new mechanism called QE Infinity where they plan to purchase $40 billion of toxic mortgage-backed securities per month "until further notice".

Shrouded in confusing language like "unlimited stimulus" or "quantitative easing", this unprecedented move and rule change by the Fed was said to be warranted because employment remains weak even though they still maintain the false notion that "economic activity has continued to expand at a moderate pace in recent months."

As stated in the FMOC press release:
If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability. Of course this move "to foster maximum employment and price stability" does nothing to directly help job creation, and will continue to hurt main street by inflating the price of everything purchased by dollars. Yet it will clearly reward the investor class who already own most of the dollar-based assets.

The theory is that by removing toxic assets from the bank's books they have more liquidity to offer more credit, or to purchase more government debt. Somehow this is supposed to trickle down and help improve unemployment, which real numbers show to be in the 20% range when all factors are considered.

After a combined $2.3 trillion from
QE1 ($1.7T) and QE2 ($600B), plus over $16 trillion is secret bailouts to recapitalize banks with absolutely no measurable improvement in the economy, how could any thinking person believe this policy will be beneficial?


Since mortgage-based assets total a conservative $600 TRILLION, QE Infinity is nothing more than an endless giveaway to the criminal banks at the expense of struggling taxpayers. Wall Street will obviously celebrate the move and stock prices will go up, along with food and energy prices.

It is so blatantly a policy that will steal from the poor to give to the rich.  It also makes one wonder how can the government cry poor when it comes to paying for food stamps, healthcare, education, and other benefits for the needy when they have endless trillions to prop up the banksters?

Significantly, this announcement comes on the heels of a census report that shows median incomes have fallen to levels of the
late 1960s and early '70s. Of course, the mainstream version is they've only fallen to 1989 levels, which is hardly any better.

ShadowStats.com
The census report showed that the middle class is struggling with a median family income of $50,054. In 2010, Michael Snyder decisively proved that it is flat impossible for a family of four to survive on this income in America, and prices for essentials have only increased over the last two years primarily because of the Fed's reckless money printing.

This policy is an absolute disgrace and represents the final looting of the American people. There will simply be nothing left to the value of the dollar, and all of the important assets will be funneled straight up to the elite banksters.

You think you are slaves now?  Just wait.

______________________________

JUST WAIT says the article above.  Below you see how Obama and neo-liberals in Congress passed the laws creating the conditions for this bond bubble knowing a crash would hit Federal, state, and local governments the hardest.  As I question Maryland politicians about these bond leverage deals that place the taxpayer in charge of debt for decades and telling them the bond market is getting ready to crash----they tell me----OH, THAT WON'T EFFECT A PLAIN VANILLA BOND DEAL LIKE THIS!  Plain vanilla bond deal?  When Obama and Congress created terms for bonds that made the world want to buy them the bond bubble soared.  Then, the FED QE made them soar.  Remember, when the subprime loan crash came we found all of Wall Street investors in these loans had Credit Default Swaps-----insurance against losses ----with AIG being the corporation served up in sacrifice for the fraud.  These toxic policies were insured for 100% on the dollar and Obama and Geithner made sure that 100% was paid by taxpayer bailout.

Below you see the same thing happening.  The boom market now in insurance is Bond Insurance.  We see this corporations looking to be the AIG of this bond fraud as it insures bond deals against losses at 100%.  We all know the crash is coming so why are these insurance deals happening?  Taxpayers will come in to bailout this insurance corporation when the bond crash occurs. 

As you see Moody's and the other rating corporations are still in the game rating these bonds and the insurance no doubt AAA as it does Maryland and its financial picture. 


THIS ENTIRE BUSINESS DEVELOPED IN RESPONSE TO THE POLICIES IMPLEMENTED BY OBAMA, CONGRESS, AND THE FED.  IT IS THERE SIMPLY TO ALLOW THESE BANKS TO CREATE BOOM AND BUST WITH NO LOSSES FOR THE PEOPLE DOING IT.


Answers to Questions about the Novation of CIFG Assurance North America, Inc. Municipal Bond Insurance Policies to Assured Guaranty Corp.
 
December 12, 2011

In January 2009, CIFG Assurance North America, Inc. (CIFG) and Assured Guaranty Corp. (AGC) entered into a reinsurance transaction whereby AGC provides reinsurance to CIFG with respect to certain U.S. public finance and infrastructure bond insurance policies (the "covered policies").  CIFG and AGC also agreed that they would use commercially reasonable efforts to novate the covered policies to AGC.  CIFG has begun sending requests to the issuers of insured obligations (or to the applicable trustee of the bondholders) seeking consents for the novation of the covered policies. 

The novation is being implemented in two phases.  In the first phase, consents are being solicited for bonds insured in the primary market.  Bonds insured in CIFG’s secondary market custodial receipt program will be solicited in the second phase.
To the extent regulatory filings or approvals are required in connection with the novation of any policy, requests for consent will only be sent after any applicable waiting periods have elapsed or any required approvals have been obtained.

What are the benefits of novation?

Novation gives bondholders the direct protection of AGC’s claims-paying resources.  Once a municipal bond insurance policy has been novated,
AGC will request, and expects to obtain, an AGC insured rating from S&P, Moody’s or both depending on which originally provided a CIFG insured rating for the related bonds.  Although AGC already provides 100% reinsurance for the covered policies and administers the policies on behalf of CIFG, CIFG remains the insurer until the policies are novated, and the bondholder remains subject to credit risk of CIFG.

As a bondholder, do I need to take any action for the bond insurance policies to be novated?

In general, bondholders are not being asked to take any action at this time.  If there is a trustee for an issue insured by CIFG at origination, the trustee has been asked to execute a consent to the novation.  If there is no trustee (as is true for many municipal general obligations that utilize a paying agent), then the issuer has been asked to execute such consent.  If an insurance policy was written by CIFG after the bonds began trading in the secondary market, the custodian bank holding the custodial receipt that associates the policy with the insured bonds will be asked to execute the consent. Bondholders may be contacted directly by the applicable trustee, issuer VIEW LIST OF COVERED POLICIESor custodian bank as part of the consent process.

The offer to novate a particular municipal bond insurance policy will be open through the date specified in the offer unless such date is extended or the solicitation is earlier terminated at the sole discretion of CIFG and AGC.   Bondholders should contact the trustee, issuer or custodian to inquire about the status of the request and whether any action has been taken.  Bondholders are also encouraged to send their contact information, together with the name of the issuer, CUSIP number, original par, series and other identifying information concerning the insured bonds, to CIFG at novationteam@cifg.com in order to facilitate the novation process.

How will I know if the insurance policy has been novated? 

Novated policies will be identified in a list of covered policies maintained on this page of the Assured Guaranty website, which may be reached at www.assuredguaranty.com/novation.  Additionally, once S&P and Moody’s have issued new insured ratings for a given issue, those ratings should be reflected on data services such as Bloomberg.

VIEW LIST OF COVERED POLICIES
What happens to the insurance policy when novation takes place?

All of the terms and conditions of the policy will remain unchanged, except that AGC will be the insurer in full substitution for CIFG and, because of that substitution, AGC will have all of the rights and obligations of CIFG under the policy and related documents and CIFG will be fully released of its obligations under the terms of the policy. The consent form signed by AGC and the issuer, trustee or custodian, as the case may be, and a notice of effective date issued by AGC following receipt of the signed consent form will become part of the policy.

Will all the municipal bond insurance policies be novated at the same time?

No.  Except as described below, the effective date for each policy’s novation is the date on which CIFG receives an executed consent form for that policy.

If CIFG issued a debt service reserve fund surety bond or a swap insurance policy in connection with my CIFG-insured bonds, will that be novated, too?

Separate consent requests are being sent to issuers, trustees or swap counterparties, as appropriate, for each debt service reserve fund surety bond and swap insurance policy.  In cases where a debt service reserve fund surety bond or a swap insurance policy was issued in connection with a bond insurance policy or policies, CIFG must receive the executed consent forms for each bond insurance policy, debt service reserve fund surety bond and swap insurance policy, as applicable, before the novation of such policies and surety bond shall become effective.  (Where there is no debt service reserve fund surety bond or swap insurance policy, multiple bond insurance policies issued in connection with a single bond transaction may be novated independently.)

________________________________________________

Do you see anything below that leads you to believe the FED is acting in the public interest?  It is Obama and Congress that appoints these FED chairs.  DO YOU HEAR YOUR POLS SHOUTING THE FED IS ACTING CRIMINALLY?

If you do not hear your pols shouting about this rogue FED policy they are neo-liberals working for wealth and profit ----NOT DEMOCRATS FOR GOODNESS SAKE.  GET RID OF THEM!


Mission
The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. Today, the Federal Reserve's duties fall into four general areas:

  • conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices, and moderate long-term interest rates
  • supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers
  • maintaining the stability of the financial system and containing systemic risk that may arise in financial markets
  • providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system

Is the Federal Reserve accountable to anyone?
 
The Federal Reserve is accountable to the public and the U.S. Congress. The Fed has long viewed transparency as a fundamental principle of central banking that supports accountability. In the area of monetary policy, the Federal Reserve reports
twice annually on its plans for monetary policy. In addition, the Chairman and other Federal Reserve officials often testify before the Congress. To further foster transparency and accountability in monetary policy, the Federal Open Market Committee publishes a statement immediately following every FOMC meeting that describes the Committee's views regarding the economic outlook, and provides a rationale for its policy decision. Full minutes for each meeting are published three weeks after each FOMC meeting. Full verbatim transcripts of the FOMC meetings are made available with a five-year lag. Further, the Federal Reserve Chairman holds press conferences after selected FOMC meetings to discuss the monetary policy outlook.

The Federal Reserve is transparent and accountable in its other functions as well. The Board of Governors prepares an
Annual Report summarizing activities of the Board and all Reserve Banks; the annual report is delivered to the Congress. To ensure financial accountability, the financial statements of the Federal Reserve Banks and the Board of Governors are audited annually by an independent outside auditor. In addition, the Government Accountability Office, as well as the Board's Office of Inspector General, frequently audit many Federal Reserve activities. Weekly, the Board of Governors publishes the Federal Reserve's balance sheet. During the recent financial crisis, the Federal Reserve provided information about its lending programs on its public website and in a special monthly report to Congress.







0 Comments

July 17th, 2014

7/17/2014

0 Comments

 

THESE ARE SOME OF THE THINGS TO WATCH FOR AND THINK ABOUT THESE NEXT MONTHS AS THE BOND MARKET PREPARES TO COLLAPSE.  I WANT PEOPLE TO KNOW THAT AS WITH THE SUBPRIME MORTGAGE LOAN COLLAPSE YOUR POLS NOT ONLY KNOW IT IS GOING TO HAPPEN----THEY ARE CREATING THE CONDITIONS FOR THE CRASH.  THAT IS BECAUSE THEY WORK FOR GLOBAL CORPORATIONS AND PROFIT.  GET RID OF THEM!



Keep in mind the entire financial system of frauds is based on tricking people, or allowing others to trick people into taking on more debt than they can handle knowing the end result will be a collapse in market that leaves people/government unable to pay the debt. With the subprime mortgage fraud the banks targeted low-income homeowners not only to gain control of real estate in urban areas but to target the Federal Housing Authority and its taxpayer payments of fees and loans.  This coming municipal/sovereign debt fraud collapse targets again government coffers and taxpayers as corrupt neo-liberal politicians load the states and cities with debt knowing this crash in 2015 is a sure thing.  Public officials take an oath to serve and protect the Constitution and citizens and none of this meets this oath.  They are aiding and abetting a crime by knowingly placing the public in harms way.  Remember, we can build Baltimore schools by simply ending the billion in fraud and corruption each year so there is plenty of taxpayer money for these infrastructure projects.  It is the leverage needed to implode the state and city economy.

AGAIN, WE CAN REVERSE THIS----WE SIMPLY NEED TO ELECT POLS THAT REBUILD RULE OF LAW AND OVERSIGHT AND ACCOUNTABILITY.  EASY PEASY.


I want to make sure people understand that all of this was known years ago---below you see in 2011 financial analysts were advising to prepare for the collapse.  During that time think how many credit bond and leveraging deals have been made in Maryland and Baltimore---including the big $1 billion deal to rebuild public schools.  I was shouting and writing to show the public knew this was malfeasance so we are under no obligation when the crash comes to hand everything to investment firms as they plan.  We must have Rule of Law to provide that protection.  This is why these elections are critical these next few election cycles and it is why Maryland was willing to allow systemic election violations for Governor to make sure the right person was in place to protect the fraud when this collapse comes.


Keep in mind the FED controls when this crash occurs to the extend of ending QE and allowing the manufactured  inflation be replaced by real inflation numbers . This will create the environment for mass exodus from the bond market and she has no way to stop this as it has maxed and is now unable to be contained.  She may delay it, but it will come and it appears likely 2015 will be the longest she can delay.  Inflation which is now thought to be 5% or so will jump to some of the highest levels in US history and it is all because of FED policy and Congress and Obama passing laws that made municipal bond markets artificially attractive.  They sold our bond market to the world just as they sold toxic subprime mortgage loans to the world.  They earned trillions and the American people lost everything as will happen this time around.


This article refers to the last time the FED considered ending QE in 2011.... as we know Bernanke decided to extend the death sentence and allow Yellen to handle the collapsing economy.
 

SHE WILL HAVE NO CHOICE AS THE FED IS MAXED IN DEBT AND INFLATION IS NOT CONTAINABLE. IT'S ONE BIG PONZI SCHEME.

O'Malley and the Maryland Assembly sold citizens out statewide and Rawlings-Blake and Baltimore City Hall sold citizens out locally as they did during the subprime mortgage loan fraud.

The Coming Bond Market Crash: The Three Moves Every Investor Must Make
  • By Martin Hutchinson, Global Investing Specialist, Money Morning  ·   July 1, 2011 



Since last November, the U.S. Federal Reserve has been buying U.S. Treasury bonds at a rate of about $75 billion a month. That's part of Fed Chairman Ben S. Bernanke's "QE2" program, under which the central bank was to buy $600 billion of the government bonds.

But QE2 ended yesterday (Thursday), meaning the Fed will no longer be a big buyer of Treasury bonds.

So starting today (Friday), the U.S. Treasury needs to sell twice as many Treasury bonds to end investors as it had been.

But the problem is, who's going to buy them?

Not China, which is diversifying its trillions in assets to get as far away from the U.S. dollar as fast as it can.

Not Japan, which is trying to rebound from its March 11 earthquake, tsunami and nuclear disaster - and is focusing all its spending on reconstruction.

And - as we've seen -neither is the Bernanke-led Fed.

I'm telling you right now: We are headed for an epic bond market crash. If you don't know about it, or don't care, you could get clobbered.


But if you do know, and are willing to take steps now, you can easily protect yourself - and even turn a nice profit in the process.

Let me explain ...

A Timetable for the Coming Crash I'm an old bond-market hand myself - my experience dates back to my days at the British merchant bank Hill Samuel in the 1970s - so I see all the signs of what's to come.

Having the two biggest external customers of U.S. debt largely out of the market is a huge problem. Unfortunately, those aren't the only challenges the market faces. The challenges just get bigger from there - which is why I'm predicting a bond market crash.

Latest Comment^ It is 2013, QE3 is out so maybe his timing is off but with all the printed mon…

Steadily rising inflation is one of the challenges. Inflation is a huge threat to the bond markets, and is almost certain to create a whipping turbulence that will ultimately infect the stocks markets, too.

Many pundits will tell you that if investor demand for bonds declines, and investor fear of inflation increases, bond-market yields could increase in an orderly fashion.

But I can tell you that the bond markets don't work like that. Price declines affect existing bonds as well as new ones, so the value of every investor's bond holdings declines. And with many of those investors heavily leveraged - especially at the major international banks - the sight of year-end bonuses disappearing down the Swanee River as bonds are "marked to market" will cause a panic. That's especially true when end-of-quarter or end-of-year reporting periods loom.

That's why we can expect a bond market crash at some point. If you ask me to make a prediction, I'd say that September or December were the most likely months for such a crash.

A Boxed-In Bernanke One sad - even scary - fact about what I'm predicting is that Fed Chairman Bernanke won't be able to do much about it ... though he'll certain try.

Consumer price inflation is now running at 3.6% year-on-year while producer price inflation is running at 7.2%. In that kind of environment, a 10-year Treasury bond yielding 3% is no longer economically attractive. Since monetary conditions worldwide remain very loose, inflation in the U.S. and worldwide will trend up, not down.

The bottom line: At some point, the "value proposition" offered to Treasury bond investors will become impossibly unattractive. When that happens, expect a rush to the exits.

If Bernanke attempts "QE3" - a third round of "quantitative easing" - he will have a problem. If other investors head for the exits, Bernanke may find that the U.S. central bank is as jammed up as the European Central Bank (ECB) currently is with Greek debt: Both will end up as the suckers that are taking all the rubbish off of everyone else's books.

There's a limit to how much Treasury paper even Bernanke thinks he can buy. And if everyone else is selling, that "limit" won't be high enough to save the bond market.


With Bernanke buying at a rapid rate, the inflationary forces will be even stronger,
so every Bureau of Labor Statistics report on monthly price indices will be marked by a massive swoon in the Treasury bond market.

Eventually, there has to be a new head of the Fed - a Paul A. Volcker 2.0 who is truly committed to conquering inflation. Alas, it won't be Volcker himself since, at 84, he is probably too old.

But it might be John B. Taylor, who invented the "Taylor Rule" for Fed policy. The Taylor Rule is actually a pretty soggy guide on running a monetary system. But it has been flashing bright red signals about the current Fed's monetary policy since 2008.

However, since a Fed chairman who is actually serious about fighting inflation would be a huge burden for current U.S. President Barack Obama to bear - and could badly hamper his chances for re-election, any such appointment is unlikely before November 2012.

How to Profit From the Bond Market Crash


Given that reality, it's likely that Bernanke will attack any bond market crash that occurs ahead of the presidential election just by printing more money; there won't be any serious attempt to rectify the fundamental problem, meaning inflation will continue to accelerate.

For you as an investor, this insight leads to two conclusions that you can put to work to your advantage. The scenario I've outlined for you will be:

Very good for gold and other hard assets. Challenging for Treasury bonds; prices will remain weak no matter how vigorously Bernanke attempts to support them.

So what should you do with this knowledge? I have three recommendations.

First and foremost, if Bernanke were not around, I would expect gold prices to fall following a bond market crash. But since he's still at the helm at the Fed, I expect him to do "QE3" in the event of a crash. And that means gold - not Treasury bonds - would become an investor "safe haven."

You can expect gold prices to zoom up, peaking at a much higher level around the time Bernanke is finally replaced. Silver will also follow this trend. So make sure you have substantial holdings of either physical gold and silver or the exchange-traded funds (ETFs) SPDR Gold Trust (NYSE: GLD) and iShares Silver Trust (NYSE: SLV).

Second, if you want to profit more directly from the collapse in Treasury bond prices, you could buy a "put" option on Treasury bond futures (TLT) on the Chicago Board Options Exchange (CBOE). The futures were recently trading around 94, and the January 2013 80 put (CBOE: TLT1319M80-E) was priced around $4.50, which seems an attractive combination of low price and high leverage.

Finally, if you don't already own a house, you should buy one - and do so with a fixed-rate mortgage. A U.S. Treasury bond market crash will send mortgage rates through the roof, so today's rates of about 4.8% will represent very cheap money, indeed. Even if house prices decline by 10%, a 2% rise in mortgage rates would increase the monthly payment (even accounting for a 10% smaller mortgage), by a net 11.8% (the payment on a $100,000 mortgage at 4.8% is $524.67; that on a $90,000 mortgage at 6.8% is $586.73).

Needless to say, the same benefits apply to rental properties financed by fixed-rate mortgages: With lower home ownership and rising inflation, rents are tending to rise significantly.

There's a storm coming in the Treasury bond market. But by recognizing its approach, we can turn the bond market crash to our advantage.


_________________________________________________

HMMMMMM.....reduce reserve funds and raise public debt.....all to augment the billions of dollars lost to the Maryland economy to fraud each year.

The debt takes the form of state leverage for projects and services----they have even leveraged the public pension funds all with no indication that 2015 will bring a major recession/depression.  DIDN'T SEE THAT COMING YOUR NEO-LIBERALS AND NEO-CONS WILL SAY!


All that leverage supposedly balanced the state budget and O'Malley pretended to be saving public sector jobs and pensions all while knowing this economic crash will lead to huge layoffs and end public sector pensions.
  Labor union leaders know this dynamic and still go with the neo-liberals doing it!
  As we all know each year since this 2010 article the public debt and leverage has increased.  Again, Republicans in other states are doing the same thing so do not listen to Maryland Republicans playing this card---they would do the same.

Maryland Governor’s Budget Cuts Reserve Payments, Boosts Debt

by Patrick Temple-West JAN 20, 2010 8:44pm ET Bond Buyer


WASHINGTON — Maryland Gov. Martin O’Malley yesterday released a proposal for the state’s fiscal 2011 budget that would reduce reserve fund contributions and increase public debt by 7.1% over fiscal 2010.




Below you see what is only the tip of the iceberg with tax credits that commit a level of tax forgiveness for decades that starves our government coffers.  O'Malley cut higher education aid and public transportation funding to pay for just a few of these corporate subsidies all in the name of jobs.  Well, when the bond market crash comes and the jobs are gone because of the recession global corporations will still be receiving tax breaks as they do business/make profits overseas. 

WHO CARES ABOUT LEVERAGE AND STATE DEBT WHEN THE IDEA IS TO MAXIMIZE PROFITS FOR GLOBAL CORPORATIONS.

We'll just cut more services, programs, sell public assets, and let global corporations handle the business of government that now has no revenue.

I'm not going to format since one can just look down very quickly to see all of the development is done with tax credits. They all are supposed to create jobs and help low-income people all of which will be killed by the coming economic crash from the credit leverage in these very policies.  Attracting global corporations to Maryland is the answer to jobs and a strong economy say neo-liberals-----only it does the opposite.  Most of these tax breaks will go to large corporations.

$2 million in tax credits for creating 10 poverty jobs......hmmmmmm.

Maryland Department of Business & Economic Development

economic development and the creation of jobs. MVF targets emerging technology-based businesses including biotechnology, information technology, telecommunications, software development and advanced materials.• Challenge Investment Program – $650,000 to ten start-up firms.• Enterprise Investment Fund – $2.2 million – three new firms and follow-on funding to five companies.Federal IncentivesCommunity Development Block Grant Program – Economic DevelopmentThis program assists local governments in implementing commercial and industrial economic development projects. Approved program funds are disbursed to eligible local jurisdictions as conditional grants and used for public improvements for business start-up or expansion or business loans. Projects must create jobs with the majority targeted to individuals from low to moderate income or eliminate blight conditions that impede commercial and industrial development. Fund uses include acquiring fixed assets, infrastructure and feasibility studies. • CDBG-ED funds of $2.2 million supported seven closed projects to create or retain 185 full-time jobs. Three projects worth $1.3 million were approved, representing 129 new or retained jobs.Maryland Economic Adjustment FundMEAF assists small businesses with upgrading manufacturing operations, developing commercial applications for technology, or entering new economic markets. Eligible businesses include manufacturers, wholesalers, service companies and skilled trades. Funds can be used for working capital, machinery and equipment, building renovations, real estate acquisition and site improvements. •Four Maryland Economic Adjustment Fund projects totaling $703,000 were approved and five transactions totaling $726,500 were closed.Tax Credit ProgramsOne Maryland Tax Credit Program Businesses can qualify for up to $5.5 million in income tax credits under the program when they invest in an economic development project in a “qualified distressed county.” Qualified Distressed Counties currently include: Baltimore City, Allegany, Dorchester, Garrett, Caroline, Somerset and Worcester. The business must create at least 25 new full-time positions at the project within 24 months of the date the project is placed in service. The business must be engaged in an eligible activity and incur eligible project or start-up costs. • FY2009 – 3 final certificates of eligibility issued for businesses that created 219 new jobs.Job Creation Tax CreditEncourages businesses to relocate to or expand in a Maryland Priority Funding Area by providing income tax credits based on new jobs created. Subject to various restrictions and conditions including location, wage levels and number of jobs created the credit may be for 2.5% up to $1,000 per job or 5% of annual wage up to $1,500 per job. • FY2009 – 7 final certificates of eligibility issued for businesses that created 307 new jobs.Enterprise Zone ProgramBusinesses located in a maryland enterprise Zone may receive income and real property tax credits in return for creating jobs. Local governments apply to the Department to designate Enterprise Zones. The ten-year real property tax credit reduces taxes on property improvements for ten years. The income tax credit for creating new jobs is$1,000 per new worker; for hiring economically disadvantage employees, up to $6,000 per new employee (over three years).• As of June 2009, there were 29 Enterprise Zones and two focus areas. • FY2010– 753 businesses will receive property tax credits totaling $26.3 million.– State share to reimburse localities will be $13.1 million, assuming the State’s full obligation is met.– Credits are based on real property investments totaling $1.945 billion.AGENCY MISSION & ACTIVITIES (contintued)

_____________________________________________

Here you see for whom neo-liberals and neo-cons in Maryland work---as they say we do not need to bring money home to pay taxes and  build infrastructure---we have plenty of business overseas thanks to O'Malley's 8 years of sending all of Maryland's revenue to building global structures for development.  We are exporting education and health care businesses none of which grows jobs in Maryland.

This is why neo-liberals are not concerned about the coming economic crash----it will not hurt these global corporations and it will provide excuses to hand more public operations/assets to these global corporations
.  Dulaney and neo-liberals are trying as hard as they can to repatriate global tax requirements in schemes to build infrastructure.  Remember, if they paid taxes we would have the money for infrastructure.  Domestic businesses pay taxes so the answer is GET RID OF GLOBAL CORPORATE CONTROL OF YOUR ECONOMY!  Dulaney is a Clinton investment banker who knows banks owe tens of trillions of dollars in fraud but does not seem to want to offer that solution.  Buying Treasury bonds when the bond market is preparing to collapse?  REALLY MR DULANEY?

Raise your hand if you know the answer is to get rid of global corporations from the Maryland economy rather than pretending to need to beg them for their taxes!!!!!  EVERYONE.  Raise your hand if you understand that tax breaks in exchange for bond purchases just when the bond market is ready to collapse will simply allow corporations to enter a bond market at the bottom for tremendous profits just as happened in 2008 with the stock market crash.  THAT'S WHAT THESE POLICIES ARE ALL ABOUT!


Everyone knows as well that the main avenue for recovering those tens of trillions of dollars in corporate fraud is HIGHER CORPORATE TAXES but as this article shows neo-liberals and neo-cons only intend to lower corporate taxes....you know, its all about job creation.


Md. Companies Have Billions in Assets Overseas Business Top News — 28 March 2014 By Fola Akinnibi
Capital News Service

6 WASHINGTON – The president’s budget, released in early March, called for the creation of a national fund to finance repair of the nation’s crumbling roads, bridges and other infrastructure — an idea also proposed by a freshman Maryland congressman.

Rep. John Delaney, D-Potomac, wants to fund infrastructure repair by bringing home billions of dollars in foreign earnings from U.S.-based corporations.  The congressman said he has been long concerned about decaying infrastructure.

Delaney’s Partnership to Build America Act would create a new way to pay for these repairs. Corporations would provide the money by buying bonds in The American Infrastructure Fund.


In exchange, they would be allowed to bring back money locked up overseas without paying the full 35 percent corporate tax rate.

Delaney’s bill could come as a relief to corporations with large foreign operations that have deferred paying U.S. corporate taxes on their overseas earnings indefinitely. For example, 10 Maryland-based multinational corporations, including Columbia-based MICROS Systems Inc. and Baltimore-based Under Armour Inc., are holding a combined $3.5 billion overseas, according to filings with the Securities and Exchange Commission.

While it would mean a major tax savings, none of the 10 publicly held Maryland companies contacted would comment on the proposed legislation.


One expert said there’s little incentive to bring the funds back with so much business opportunity overseas. Instead, it makes sense for U.S. companies to let the overseas funds stay put and postpone a U.S. tax bill.

“It’s better to defer,” said Michael Faulkender, a finance professor at the University of Maryland’s Smith School of Business.

Further, the Delaney proposal is out of sync with many plans to overhaul the U.S. tax code, he said. “Every proposal on the table is for the corporate tax rate to go down, not up.”

Rich Badmington, W.R. Grace & Co.’s vice president of global communications, said most of the Columbia chemical company’s revenue comes from international operations. The company plans to continue investing in those operations.

“We are able to do that without bringing cash back to the U.S. because we are continuing to invest,” Badmington said. “(Research and development) is a function that requires continuing investment and we have quite a lot of that outside the U.S.”

President Barack Obama’s latest budget plan called for the creation of a government-owned entity to finance infrastructure projects. Delaney said the president’s support for something similar to his bill was “great,” and said it shows how much momentum the bill has.

“We’re very optimistic about it, we have strong bipartisan support,” Delaney said.

The bill has 57 co-sponsors in the House and 12 in the Senate, including Sens. Lindsey Graham, R-S.C., and Michael Bennet, D-Colo., head of the Senate Finance Committee’s Taxation and IRS Oversight subcommittee. Hearings have not been scheduled for the bill.


Under the tax code, corporations can avoid paying taxes on foreign earnings as long as the money is being permanently reinvested overseas. When the corporations decide to bring these funds back home, a process called “repatriation,” the money then is subject to U.S. taxes.

Originally, the tax exemption was meant to help U.S. corporations compete overseas, said Mitchell Kane, a tax professor at New York University’s School of Law. Companies claimed paying taxes in two countries would put them at a disadvantage and the government responded with the exemption, he said.

The plan was to have the companies pay foreign taxes, which in many cases are lower than the U.S. tax rate, and then pay U.S. taxes when the money was repatriated. After this process, the company would receive a credit for any foreign taxes paid, Kane said.

Allowing such an exemption has created an incentive for companies to keep their money overseas and defer the U.S. corporate tax, said Jane Gravelle, an economist with the Congressional Research Service. But parking money offshore isn’t a long-term solution for companies, she added.

“They may think they can hold their breath forever and borrow money,” Gravelle said. “How long are they going to be able to do that? Shareholders eventually want dividends.”


This exemption could result in $265.7 billion in lost revenue for the federal government through 2017, according to a 2013 report by Congress’ Joint Committee on Taxation.

For now, however, companies aren’t likely to repatriate without a major tax discount.

W.R. Grace has more than $1.1 billion held overseas and would have to pay $149.7 million in taxes if it was repatriated, according to SEC filings. That money will remain overseas, except in instances where repatriation would result in minimal or no U.S. taxes, the company said in its most recent SEC filing.

MICROS Systems, a Maryland-based computer hardware and software producer,
has about 61 percent of its cash and cash equivalents, $385.8 million, held internationally with no plans to repatriate, according to the company’s most recent filings with the SEC.

Maryland-based apparel company Under Armour has $95.2 million, or 27 percent, of its cash and cash equivalents held overseas with no plans to bring it back.

Spokespersons from MICROS and Under Armour could not be reached for comment.

Other companies have begun to repatriate their foreign funds, which Kane said could help cover corporate expenses. McCormick & Company, a spice, herbs and flavoring manufacturer, repatriated $70 million in 2012, according to the company’s most recent SEC filings. Even still, most of the company’s cash is held in foreign subsidiaries, the filings said.

A spokesperson for McCormick and Co. could not be reached for comment.

Some of the largest U.S. corporations make about half of their money internationally, Delaney said. The bill is just a way to get some of it back.

“It creates a way for some of that money to come back, which is good for our economy,” Delaney said. “And it creates this large-scale infrastructure fund, which is good for our country.”


Instead of government funding, the American Infrastructure Fund would raise cash through a $50 billion bond offering.
Companies would buy the bonds at a 1 percent fixed interest rate and a 50-year term, in exchange for a chance to repatriate a certain portion of overseas earnings tax-free for every dollar spent on bonds.

A bond to repatriation ratio would be determined by an auction and could result in companies paying an effective 12 percent tax rate, Delaney said. Money raised in the bond sale could then be leveraged and loaned to state and local governments for projects.

The auction process will benefit both the infrastructure fund and the corporations, which will be able to find a price that is right for them, Delaney said.

“We’ve talked to them and they’re very supportive of it,” he said.

The American Business Conference, Associated Equipment Distributors and Terex Corporation are among those supporting the bill.

Tech giants and pharmaceutical corporations have lobbied for a repatriation holiday since the 2004 American Jobs Creation Act allowed them to repatriate at a discounted rate. Because of the intellectually-based capital that these companies thrive on, it is sometimes easier for them to keep assets overseas.

For example, Apple has $124.4 billion held overseas, according to the company’s most recent SEC filing.

The 2004 bill reduced repatriation taxes to 5.25 percent if corporations promised to invest the money at home. The one-year holiday is widely regarded as a failure because it spurred an increase in repatriation, but not an increase in jobs or investments, according to a report by the Congressional Research Service.

“The argument was that it would be a stimulus” to the U.S. economy, Gravelle said. “Most people who studied this found out it was being used to repurchase shares.”

Share repurchases are a common way to boost stock prices.

Corporations used the money to pay stockholders dividends and pay off debts, which doesn’t make for a good stimulus, she continued.  Instead, the holiday created a “moral hazard” and companies have parked money overseas, waiting for the next holiday, Gravelle said.

Delaney’s bill has short-term benefits but doesn’t address the larger problems with the tax code, Faulkender said. Corporations will want to move more and more operations overseas if they can find discounts on U.S. taxes, he added.

“If you signal that firms are going to realize a lower tax rate, even after repatriation, on their foreign operations than on their domestic operations, you’re going to incentivize even more offshoring,” he said.

“I don’t think that’s good for the U.S. economy.”


0 Comments

July 16th, 2014

7/16/2014

0 Comments

 
THE NEXT FEW DAYS I WANT TO TALK ABOUT THE COMING ECONOMIC COLLAPSE IN 2015.  I WILL START BY REMINDING PEOPLE WANT CAUSED THE 2008 CRASH AND SHOW HOW THE TWO ARE TIED TO TRANSFERRING ALL WEALTH TO THE TOP AND USING THE EXCUSE OF GOVERNMENT DEBT TO DISMANTLE OUR DEMOCRATIC STRUCTURES.  NEO-LIBERALS AND NEO-CONS WILL TAKE IT ALL!


I want to encourage people to pay attention to a subject that bores everyone but is the source of the looting of US government coffers and individual's pockets.  The Federal Reserve and Wall Street frauds. We need to know all of this CAN be reversed.  The economy is closer to collapse yet again by the same people playing the same games and all of it illegal.  So, let's review what caused the crash of 2008 to see how it relates to what will bring the economy down in 2015.
Remember, these economic policies started when Reagan/Clinton took the Republican and Democratic Parties to neo-liberalism.  The goal back then was to dismantle all of the public structures built for strong 1st world country to create the wealth inequity that goes with empire-building. The same was happening in Europe and the UK.  This is why Maryland has no public justice or oversight and accountability today----all of this boom and bust is no accident----it is all about wealth redistribution to the top.

Clinton deregulated and broke the Glass Steagall to set the stage for this explosive growth of US corporations with no overight and Bush simply allowed for an 'anything goes' environment.  Reagan/Clinton/Bush working with Alan Greenspan and Wall Street.
  Greenspan/Geithner allowed open fraud and corruption in the financial markets and Bush made sure the US Justice Department and financial agencies aided and abetted these crime.  The goal was transferring real estate from citizens to the banks through foreclosure so to control development especially in urban centers like Baltimore as well as sending trillions of dollars in government funding for these subprime loans to the banks.  

 
'We didn't see that coming' said Greenspan. Meanwhile, neo-liberals at the state and local levels were allowing the subprime mortgage fraud go wild. This same thing happened in Europe as subprime mortgage loans filled their economy as well.  It was Obama's job to make sure the money stayed with those committing the fraud.


The constant portrayal of this Visigoth looting as creating homeownership for low-income people -----knowing a collapse would send people into foreclosure-----shows the social pathology driving Wall Street and neo-liberals and neo-cons.

IT IS NOT LEGAL FOR ANYONE TO ALLOW OPEN FRAUD AND CORRUPTION AND GREENSPAN WAS ALLOWED TO JUST FADE AWAY FOR ONE OF THE GREATEST CRIMES IN HISTORY.

This was no maestro---he simply used people's faith in government and Rule of Law and sold people in investing in a system he knew would blow up making most people losers.  Think what is happening today---media is telling you the market is strong, politicians are throwing pensions into it and we all know it is getting ready to crash....and in 2015 we will hear O'Malley and Rawlings Blake who are loading the state with debt just as they oversaw the subprime mortgage fraud----'I didn't see that coming'!
WELL, WE SEE IT COMING AND IT IS INFUSED WITH PUBLIC MALFEASANCE AND FRAUD.

Alan Greenspan: Public Enemy Number One


By Stephen Lendman Global Research, October 27, 2008

With so many good choices, it’s hard just picking one. But given the gravity of today’s financial crisis, one name stands out above others. The “maestro,” as Bob Woodward called him in his book by that title. The  “Temple of Boom” chairman, according to a New York Times book review. Standing “bestride the Fed like a colossus.” Now defrocked as the “maestro” of misery. Alan Greenspan. From August 11, 1987 to January 31, 2006, as head of the private banking cartel euphemistically called the Federal Reserve. That Ron Paul explains isn’t Federal and has no reserves.

It represents bankers who own it. Big and powerful ones. Not the state or public interest. It prints money. Controls its supply and price. Loans it out for profit and charges the government interest it wouldn’t have to pay if Treasury instead of Federal Reserve notes were issued. People, as a result, pay more in taxes for debt service. The nation is more crisis-prone. Over time they increase in severity. The current one the most serious since the Great Depression. Potentially the greatest ever. The result of Greenspan’s 18 year irresponsible legacy.

He championed deregulation and presided over an earlier version of today’s crisis. The Reagan-era savings and loan fraud. It bankrupted 2200 banks. Cost taxpayers around $200 billion and for many people their savings in S & Ls they thought safe.

In the 1990s, he engineered the largest ever stock market bubble and bust in history through incompetence, subservience to Wall Street, and dereliction of duty. In January 2000, weeks short of the market peak, he claimed that “the American economy was experiencing a once-in-a-century acceleration of innovation, which propelled forward productivity, output, corporate profits, and stock prices at a pace not seen in generations, if ever….Lofty stock prices have reduced the cost of capital. The result has been a veritable explosion of spending on high-tech equipment….And I see nothing to suggest that these opportunities will peter out anytime soon….Indeed many argue that the pace of innovation will continue to quicken….to exploit the still largely untapped potential for e-commerce, especially the business-to-business arena.”

A week later, the Nasdaq peaked at 5048. Lost 78% of its value by October 2002. The S&P 500 49% from its March 2000 high to its October 2002 bottom. Individual investors were left high and dry as a result. For Mr. Greenspan, it was back to engineering multiple bubbles with 1% interest rates and a tsunami of easy money.

He advocated less regulation, not more. Voluntary oversight. The idea that markets work best so let them. Government intervention as the problem, not the solution. In the mid-1990s, he told a congressional committee:

“Risks in financial markets, including derivative markets, are being regulated by private parties. There is nothing involved in federal regulation per se which makes it superior to market regulation.”

On October 23 before the House Government Oversight and Reform committee, he refused to accept blame for the current crisis, but softened his tone and admitted a “flaw” in his ideology. Confessed his faith in deregulation was shaken. Said he was in a “state of shocked disbelief.” Unclear on what went wrong. Not sure “how significant or permanent it is,” and added:

– “We are in the midst of a once-in-a century credit tsunami (requiring) unprecedented measures;”

– “This crisis has turned out to be much broader than anything I could have imagined;”

– “fears of insolvency are now paramount;”

– significant layoffs and unemployment are ahead;

– a “marked retrenchment of consumer spending” as well;

– containing the crisis is conditional on stabilizing home prices;

– at best, it’s “still many months in the future;”

What went wrong with policies that “worked so effectively for nearly four decades,” he asked? Securitizing home mortgages. “Excess demand” for them, and failure to properly price them he answered. Unmentioned was unbridled greed. The greatest ever fraud. No oversight, and a predictable crisis only surprising in its magnitude and how it grew to unmanageable severity.

Greenspan is now softening on regulation but barely enough to matter. Too little, too late by any standard, and only to restore stability after which chastened investors “will be exceptionally cautious.” In the end, in his view, “This crisis will pass, and America will reemerge with a far sounder financial system.” Until another Fed chairman repeats his mistakes. Creates a crisis too big to contain. Destroys unfettered capitalism as we know it. Changes the world irrevocably as a consequence. Unless this time is the big one and does it sooner.

In March 1999, Greenspan was optimistic at the end of a robust decade (that James Petras calls “the golden age of pillage”) with no worries about new millennium meltdowns. He addressed the Futures Industry Association and said it would be “a major mistake” to increase rules on how banks assess risks when they use derivatives. He added: “By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.” By a compounded 20% rate throughout the decade. Around 30% alone by banks in 1998. And, according to Greenspan, “The reason that (derivatives) growth has continued despite adversity, or perhaps because of it, is that these new financial instruments are an increasingly important vehicle for unbundling risk….the value added of derivatives themselves derives from their ability to enhance the process of wealth creation (and) one counterparty’s market loss is the (other’s) gain.”

Overall, they’ve increased the standard of living of people globally, he claimed. In fact, they contributed to global crises in the 1990s. Hot money in, and meltdowns when it exited. The problem is derivatives work well in bull markets, but are disastrous when they’re down. Going up they do nothing for ordinary people, but during downturns receding tides sink all boats and all in them and aren’t the zero sum game Greenspan suggested.

Worst of all are so-called credit default swaps (CDSs). The most widely traded credit derivative. In the tens of trillions of dollars. A $43 trillion market, according to PIMCO’s Bill Gross. The International Swaps and Derivatives Association (ISDA) estimates it at $54.6 trillion. Down from $62 trillion at yearend 2007. Others place it higher, but key is what they are and how they’re used. They resemble insurance (on risky mortgages), but, in fact, are for little more than casino-type gambling. Unregulated with no transparency in the shadow banking system that dwarfs the traditional one in size and risk.

Gross describes it this way. It “craftily dodges the reserve requirements of traditional institutions and promotes a chain letter, pyramid scheme of leverage, based in many cases on no reserve cushion whatsoever.” CDSs are at the center of shadow banking, and Gross and others warn about possible financial Armageddon if things begin collapsing.

A “Cheerleader for Imprudence”

That, according to James Grant, editor of Grant’s Interest Rate Observer. Greenspan’s “biggest mistake was inciting people to do imprudent things.” He called him “marble-mouthed” for his “Greenspeak” and not simply admitting he “was as blind as those (he) pretended to lead. This sense of security that people invested in the idea of perfect control by an all-knowing brain at the top, that idea’s been shattered.”

In July, Grant was outspoken in a Wall Street Journal op-ed titled “Why No Outrage?” He quoted Mary Elizabeth Lease from the Populist era haranguing farmers to “raise less corn and more hell.” He asked why today’s financial victims aren’t protesting Fed policy “of showering dollars on the (monied) people who would seem to (least) need them.” Where are the “uncounted improvident?” Have they “not suffered (enough) at the hands of what used to be called The Interests? Have the stewards of other people’s money not made a hash of high finance? Where is the people’s wrath?” In the wake of the “greatest (ever) failure of ratings and risk management.”

Greenspan’s Fed cut interest rates to 1%. “House prices levitated as mortgage underwriting standards collapsed.” He claimed earlier that property appreciation was a sign of prosperity and a strong economy and “while home prices do on occasion decline, large declines are rare.” Most homeowners experience “a modest but persistent rise in home values that is perceived to be largely permanent.”

Especially, according to Grant, at a time that “credit markets went into speculative orbit, and an idea took hold. Risk….was yesterday’s problem.” It led to “one of the wildest chapters in the history of lending and borrowing.” As a consequence, an $8 trillion home valuation wealth bubble and an unprecedented oversupply of unsold properties. Now in even more  oversupply as owners default. Are foreclosed on or simply walk away from unaffordable underwater assets. They sit empty with no one to buy them except for those able in distressed sales.

The whole episode criminal and avoidable had the Fed used its authority under the 1994 Home Ownership and Equity Protection Act. It authorized the central bank to monitor abuses and intervene, if necessary, to prevent abusive lender practices. It failed to do it.

The result was predictable. People and the economy in crisis. Greenspan orchestrated it. His successor Bernanke did nothing to curb it. Wall Street was on a roll until it crashed. Huey Long once compared JD Rockefeller to “the fat guy who ruins a good barbecue by taking too much.” Wall Street thrives on it. Fed largesse enables it. The problem is their indigestion affects everyone. A stomachache spreading round the world. How bad it’ll get and where it stops nobody knows. Blame it on Greenspan. Our “former clairvoyant,” according to Grant.
___________________________________________


Below you hear the same talk as we did in 2006-2007 as the subprime mortgage market began to implode and again it was the FED policy and the Obama Administration/Congress that fueled this crash just as it was Greenspan and Bush with the subprime mortgage loans.

Where last fraud centered on redistributing real estate to the few----this fraud centers on using credit bond and municipal debt to create the excuse to privatize all that is public and end public sector pensions and benefits.  The 2015 crash will be so deep with no help from the Federal government still holding $17 trillion in debt from the last massive corporate fraud that the US economy will look like Greece and Spain.  It will place the US in the same double-disaster as Europe---subprime loan fraud/sovereign debt fraud.

As the article below states-----hold on to your hats as the market sees a mass exodus from the bond market!!!


Where this article makes it sound that Yellen is being a 'dove'....she has no options....the FED under Bernanke did what the FED under Greenspan did......fed the bond market bubble until there was no return.  Remember, Wall Street wants people back in the stock market and blowing up the once safest place to invest, the bond market, will do that.  Soon, everyone will be fleeing the bond market as it collapses right back to the stock market.  They are making trapped rats of our pension system and giving us no opportunity for a stable economy.


THAT'S A NEO-LIBERAL/NEO-CON FOR YOU!!!!!  GET RID OF THEM!!!


Fed Officials Trying to Warn Bond Markets
July 15th, 2014
in contributors

by EconMatters, EconMatters.com

The Purpose of Complacency Talk

The Fed officials have been coming out in speeches the last couple of weeks with rhetoric about 'complacency' and other such code words for chasing risk ahead of what the Federal Reserve knows is going to be an abrupt change in monetary policy over the next six months.


Follow up:

The Fed is concerned because they know they want an orderly transition in markets and not causing major dislocations in markets by massive selloffs. However, the getting is so good with interest free money that participants are going to push this edge they have in markets right up until the last possible exit minute.

So despite the fact that QE ends in October with no more bond buying by the Fed, the 10-Year is still sitting at 2.50% with participants making money hand over fist with the borrow at 15-25 basis points and investing in yield instruments with massive leverage trades that has been so popular and irresistible by investors looking for 'free money arbitrage' opportunities.



An Orderly Unwind

The problem that the Fed has rightly identified is that they are not going to get an orderly exit at this pace, the unwind is going to be massive, jarring, and definitely not 'orderly'! The Bond markets, take the 10-year yield could literally have a 25 or 35 basis point move over a 24 hour period that would wreak a lot of havoc on fund flows, asset classes and financial markets.

This turmoil in the bond market could really be disastrous because the Fed participants realize the bond market isn't being priced currently where the Fed is moving to in terms of monetary policy. The Fed should be alarmed because the unwind is setting up for a possible 100 basis point move in two months' time frame type of fund dislocation and reallocation of capital, and that is going to be problematic for markets!



But the Fed only has themselves to blame for this predicament as in this case you cannot have your cake and eat it too! Janet Yellen cannot be so dovish at Fed news conferences given her reputation as a dove among doves, and get any respect from market participants; the trade is going to be all-in and one-sided without the slightest regard for the risks associated with being so aggressive.

In short, Janet Yellen has encouraged the one thing that Fed governors should always avoid being so 'transparent' that market participants go full boar on a trade, one-sided, highly levered, unhedged, and nothing could possibly happen with this dovish a Fed Chairperson at the helm trade! In a nutshell they have become too 'complacent' or they have taken her dovishness for granted.

Pigs at the Bond Trough

The pattern has been quite clear in Bond Markets wait until after the 200k plus Employment Report blows the 10-Year up to 2.70%, and come in and buy bonds like there is not tomorrow with huge leverage, until they have to get out of the way of the next CPI, GDP or Employment Report - as this process has repeated itself over the last four months of financial markets. The Levered Yield Trade has been the trade of the year so far in 2014 - the strategy of investing in anything with yield from over-valued utilities, pricey bonds and even stodgy low growth Big Caps with some semblance of a dividend yield!

Janet Yellen cannot have her Dovish Cake, and eat it too in the form of an "Orderly Unwind"!

So the Fed has to realize that sending out the mignons of the Fed isn't going to counteract Janet Yellen's dovishness. If they want markets to start unwinding trades ahead of policy adjustments that are coming and not wait until the last possible minute, then Janet Yellen herself is going to have to send a shot across the monetary bow so to speak!

She is going to have to come out with a hawkish tone to garner some healthy respect for normalization of fed policy by markets. She is dovish we get that, but the Fed is about to change monetary policy, and much sooner than is currently priced into many asset classes, and it is going to take some considerable time if participants started repositioning today to unwind many of these massive positions in markets, any sense or orderliness necessitates a little at a time versus all at once!

Janet Yellen has got to start talking hawkish to get this process started otherwise her worst fear is going to materialize in spades as market participants are all going to wait until the last minute trying to make that last dollar on the yield trade, and cause huge market turbulence when they all try to get out at once!



The Data Indicate 1st QTR 2015 Rate Hike at the Latest!

The Employment numbers, the inflation numbers, and the risky valuations in financial markets all point to the Fed needing to start raising rates sometime in the first quarter of next year. This is much sooner than Janet Yellen's Dovish talk has markets pricing in with their forecast for late in 2015 for the first rate hike.

Market participants are far too levered up, all on the same side, and well behind the monetary normalization curve of when the first rate hike is actually going to occur. This is a recipe for disaster, and that seminal light bulb moment in financial markets when everybody realizes, that moment in Margin Call where the analyst drops the ear-buds out saying internally holy shit, that they need to liquidate everything right now. In other words, the entire market all hits the sell button at the same time!


_______________
Wall Street and the FED thinks the steps towards stabilizing the economy have been a success and they are ready for the coming crash.  What's not to like---the American people lose all their wealth as the richest wealth soars.

Below you see an article that shows the progression of the plan.  Goldman Sachs was key to the financial frauds in the US but were key in bringing down the European social society.  They targeted especially Greece and Spain with fraudulent financial instruments loading these nations with huge sovereign debt having the goal of imploding the economies forcing the dismantling of social society.  Why this is important to Americans today? It is these same tactics are now coming to the US.  We experienced the subprime mortgage fraud in the US as they did in Europe but Europe was brought down harder because a second fraud----sovereign/municipal debt fraud ----completely emptied their government coffers.  This is why Europe is in deeper distress than the US.  Well, the time is now for the sovereign debt fraud in the US and it looks like levered municipal bond debt, mortgaged tax debt, and state and local money tied to development that cannot be afforded. 

THIS MASSIVE DEBT BUILDUP ON THE BACKS OF OUR GOVERNMENT IS WHAT CREATED IN EUROPE THE DEEPEST OF RECESSIONS.

This happened in Europe between 2001 and 2007 and now it is being done here in the US between 2008 and 2015.  The subprime mortgage fraud was about taking the American people's wealth-----this coming municipal bond leverage fraud is about taking the government wealth as happened in Europe.

Goldman Sachs and DeutscheBank both created fraudulent financial instruments that allowed government officials to hide their national debt so more debt could be taken.  None of this is legal and Goldman Sachs knew it was breaking the law.  So Greece and Spain were made to look like the government budgets were balanced when they were ever deeper in debt.  Making these governments look like they were AAA mirrored making subprime mortgage loans look AAA.  These government officials in Greece and Spain took more and more credit and distributed money to friends and off-shored it until these economies imploded from debt.  Europe's TROIKA then came in to make the Greek and Spanish people pay for the fraud just as is happening in the US with the subprime mortgage and other financial frauds.
  You see Europe's Draghi and his connection to Goldman Sachs overseeing the crisis just as Tim Geithner did in the US.

THE KEY WORDS HERE ARE HIDING SOVEREIGN DEBT TO LOAD MORE DEBT TO MAKE THE IMPLOSION SO DEEP AS TO FORCE THE DISMANTLING OF GOVERNMENT ASSETS.

That is what happened in Europe.  Subprime mortgage fraud and sovereign debt fraud.  Today, the US economy is ready to implode from sovereign/municipal bond debt.
  Maryland is ground zero for this.  O'Malley and Maryland Assembly and Baltimore City Hall has loaded the state and city with so much leverage in credit bonds and tax deals that when the crash comes in 2015 the public will be stuck with debt so large----just as Greece and Spain---that the recession will be deep and the debt too large, forcing the privatization of all that is public. 

THIS IS A PLAN---NOT SIMPLY GREED OR BAD POLICY.
  'MARYLAND HAS A 'AAA' RATING FROM MOODY'S YOU SAY'-----you mean the same Moody's that gave subprime mortgage loans the same AAA? 

Maryland's economy is one great big shell game.
  This is not a Democrat vs Republican issue because Republicans are doing the same in their states.  It is a complete breakdown of Rule of Law and a rush to take what you can.  The article below is long but please glance through to see how Goldman Sachs worked to implode Greece's economy and think about what is happening in Maryland!
Another long article but please glance through.

EU Ignores Falsification of Greek Public Finance Data
Posted on 18 December 2011 by
admin by Guest Author ECB Watch

This is a companion to another article to be published Draghi Nomination Based on Deception.  Here, we address the broader issue of the falsification of Greece’s public finance data.   We will look into Eurostat audits (Walter Radermacher), the ECB’s willful hindrance against the release of records (Jean Claude Trichet), Goldman Sachs’ communication (Gerald Corrigan), and the actions of the European parliament (Sharon Bowles), the Commission (Olli Rehn) and the European Securities and Markets Authority (Verena Ross). Click on cartoon for larger image.


Summary

Eurostat ran a series of audits of Greece’s public finances from 2009 to 2010, including for the swap transactions contracted with Goldman Sachs in 2001. These were used to misrepresent, by a few % relative to GDP, the extent of debt and deficits. Eurostat says it only became aware of it in early 2010: this calls for an explanation because news of the contentious transactions broke in 2003. According to the final audit, in 2010, the window dressing scheme initiated in 2001 was significantly restructured in August 2005. Soon after, Goldman Sachs sold its position for cash to the National Bank of Greece. This 2005 modification of the 2001 contract resulted in a 81% increase in the amount of concealed debt, in the accounts of 2006, relative to the initial amount. According to the same audit, Greece willfully misled Eurostat in 2008, when the contracts were still in effect (in fact, they will be until 2037). The national accounts of Greece were regularized by Eurostat in November 2010.

Spokesman for the bank Gerald Corrigan testified before the British parliament in February 2010. He personally vouched that the letter of the law was obeyed in the 2001 deal, suggesting that it was EU’s fault for allowing a loophole in its regulations. To minimize the perception of wrongdoing he reminded the audience that similar practices were age-old and common in the industry. Yet he stonewalled the questions of whether specific countries, Portugal and the UK, respectively, were clients that fell under this category. His leaving out the 2005 restructuring in his testimonial is an odd oversight.

He [Gerald Corrigan] personally vouched that the letter of the law was obeyed in the 2001 deal, suggesting that it was EU’s fault for allowing a loophole in its regulations. In April 2010, former prime minister of Belgium Guy Verhofstadt spearheaded a hearing, Greece : the moment of truth. It was held by the Economic and Monetary Affairs Committee of the EU Parliament under Sharon Bowles’ chairmanship. There appears to be a disconnect between the objective and what Sharon Bowles delivered, as we argue further down in relation to ESMA, but another indication of it is that the deposition of the spokesman for Goldman Sachs, Gerald Corrigan, bears no relation to the stated topic (the word Greece is not to be found).  This is perhaps an indication of a disconnect between the objective and what Sharon Bowles delivered. We will argue it further below in relation to ESMA. In November 2010, Jean Claude Trichet obstructed the release, requested by Bloomberg, of ECB documents detailing the swap transactions. In May 2011, he went as far as vetoing a legal claim, made by Bloomberg, to reopen these archives. Was his justification, preventing acute market risks, satisfactory?

In August 2011, the Commissioner for Economic and Monetary Affairs, Olli Rehn, to appease the concern of an MEP about the possible connection of Mario Draghi to the falsification of Greek public finance data, misrepresented the evidence contained in a November 2010 Eurostat audit report as to this connection. Recall that Mario Draghi’s hearing in June, just before a vote by the European parliament on his nomination, was, and remains to this day, controversial due to discrepancies between his defense on this issue and verified facts.

The legislative branch, in the U.S., has gone to great length to learn from the mistakes of the financial crisis.  In addition it came with evidence based recommendations to pursue criminal investigations that were or have been carried out by federal agencies and the department of justice.  In fairness, this process has been stymied by powerful interest groups.  Even so, Europe’s response, in comparison, for the case studied here, which is a significant chapter of the Greek debt crisis, looks unfavorable. The hearing Greece : the hour of truth may well have been a pretense, as hinted at. We now argue it further. The Commission and the European parliament would have had the authority to commission ESMA to investigate the matter.  Neither Olli Rehn nor Sharon Bowles, it seems, has taken this step.  Had it been the case, ESMA would have had the authority, if the conclusion of the investigation called for it, to bring a legal case against any alleged perpetrator of fraud, or delegate that task to national authorities.  Instead, ESMA’s stated priorities, under the leadership of its new Executive Director, Verena Ross, are the single rule book, production and analysis of data, and supervising credit rating agencies…

Note : we now use the EU institutions’ convention that ECON stands for Economic and Monetary Affairs.

Eurostat audits

Eurostat is the statistical office the EU Commission, whose current Director General is Walter Radermacher. In Eurostat parlance, a methodological visit is an audit that is undertaken in cases where the Eurostat identifies substantial risks or potential problems with the quality of the data.   There were a series of methodological visits to Greece. They began in 2009 and continued through 2010. Three major reports were produced, one on 29 October 2009, the second on 8 January 2010 and the third in November 2010.  According to the last one, a series of failings in the institutional arrangements and practical compilation of Greek public finance data. We skimmed through the January report and read the November 2010 report.  Only the latter addresses the contentious Greek swaps transaction.  It concluded as follows: Taking into account the work carried out [i.e. corrections to misreported data], as described in this report, the latest debt and deficit data for Greece now gives, in Eurostat’s view, an essentially reliable picture, [including for] fiscal data for the years 2006-2009. It is, therefore, an important report as it represents Eurostat’s final opinion on the issue of the Greek swaps contracted with Goldman Sachs.

Greece patently misled it in 2008, claiming that it neither engaged in FOREX swaps, nor in off market swaps. Eurostat’s summary of its dealings with Greece as pertaining to these swaps would be hard to reconcile, prima facie, with the blithely reported claim that the transactions were legal.  First, Eurostat says that At the beginning of the year 2010, it became known that Greece had entered in 2001 into currency off-market swap agreements with Goldman Sachs, using an exchange rate different from the spot prevailing one. This is strange, however, because the scheme was reported in 2003 by Risk.net.  Perhaps not coincidentally, notes the article, Greece’s credit rating by one of the three major credit rating agencies was raised, that year, from A to A+.  Second, Eurostat says that Greece patently misled it in 2008, claiming that it neither engaged in FOREX swaps, nor in off market swaps. These are exactly the type of transactions agreed between Greece and Goldman Sachs in 2001 and, as we see next, were actively managed thereafter. Eurostat’s audit says that in August 2005 a significant restructuring of the swap contract took place. The maturity of the swap was extended from 2019 to 2037.   This, together with other modifications, resulted in an increase in the amount of undisclosed Greek debt data, for the portion that is imputable to the deal, from 2.830 bn euros in 2001 [1] to 5.125 bn euros in 2006. It’s a 81% increase. Eurostat adds that [a]lmost at the same time, GS sold its rights and obligations to the National Bank of Greece (NBG, a bank completely privatised in November 2004). As a side note, Mario Draghi was appointed head of Bank Italy in 2006, ending his employment at Goldman Sachs. The latter had begun in 2002, when Goldman Sachs was reportedly the lead manager of Greece’s debt underwriting. His denial of any connection to the deal in a hearing before the ECON Committee in June 2001 remains controversial to this day.

There is no question that the 81% increase in the debt hiding scheme, in 2006, is imputable to the August 2005 modification: the restructuring operations implemented in 2005 and 2008 were in fact the explicit recognition of an increase of the liability (principal amount of the loan) to be recorded as debt of Greece. To complete our coverage of the swap transactions, let us quote Eurostat: [t]he swap was marginally restructured again in late 2008 [and was] securitised in February 2009 via a Special Purpose Vehicle (Titlos) that paid EUR 5.5 billion to the NBG. There is no question that the 81% increase in the debt hiding scheme, in 2006, is imputable to the August 2005 modification : the restructuring operations implemented in 2005 and 2008 were in fact the explicit recognition of an increase of the liability (principal amount of the loan) to be recorded as debt of Greece. The corresponding amount, 5.125 bn euros, persisted until 2007. The 2008 modification pushed it to 5.4 bn euros, and 2009 saw a decrease to 5.281 bn euros. We think the decrease is the result of an amortization scheme kicking in after a grace period of two years mentioned in the report. In 2010, Eurostat assigned these amounts as additions to government debt for the years 2006—2009. Goldman Sachs’ communication

Goldman Sachs Managing Director Gerald Corrigan testified before the House of Commons on February 22, 2010. This came to our attention in an article by Finfacts Ireland, and the transcript is contained in the document Too important too fail, too important to ignore (March 2010).  In question 295, for short Q295, he is asked [H]ave banks like Goldman’s not accentuated sovereign risk in countries like Greece by arranging loans for securitisation against future revenue streams that do not appear on the books or currency swaps that have not been calculated at normal exchange rates? To which, Corrigan personally vouches that the transactions were legal : [It] is very clear to me, based on the investigation that I have done over the past few days, that those transactions were very much consistent and comparable with the standards of behaviour and measurement used by the European Community.  There was nothing inappropriate. They were in conformity with existing rules and procedures when they were entered into. To back it up, he cites a consultation with Eurostat: When those transactions were entered into personnel from Goldman Sachs consulted with the appropriate authorities at Eurostat, as did, as I understand it, the Government of Greece and, again, there was no indication whatsoever that those transactions were not in line with existing practices, policies and guidelines.

Goldman Sachs identified a flaw in EU rules, in 2001, and exploited it—opportunity.  He [Corrigan] has not explicitly answered the question i.e. whether it increased sovereign risk —harm— but, absent his denial, it was implicitly conceded. Finally, he shifts blame on the EU not having stringent enough rules:  I should also say that those guidelines and standards were modified in 2007 which suggests that perhaps they were more liberal than they should have been back in 2001. In other words, Goldman Sachs identified a flaw in EU rules, in 2001, and exploited it—opportunity.  He has not explicitly answered the question i.e. whether it increased sovereign risk —harm— but, absent his denial, it was implicitly conceded.  The rest of his answer is laced with the mitigating factors that these practices have been around for decades, if not centuries and not limited to Goldman Sachs and Greece—rationalization.   However, when asked to confirm whether a similar deal was contracted with Portugal (Q296) and Great Britain (Q297), he dodged and could not confirm, respectively, reiterating the above rationalization in each case. The white elephant in the room, in this hearing, is the August 2005 significant restructuring of the swap contract.”  That’s keeping in mind that Greece is alleged by Eurostat to have misled it in 2008 about the existence of such transactions.  Although Goldman Sachs was no longer the counter party in 2008, it suggests that this modification has gone under the radar from August 2005 until Eurostat looked into the matter in 2010.

Let’s review some traits in Corrigan’s answers. He hinted at what we labeled an opportunity and had recourse to the same rationalization multiple times. These are two of the three factors that fall under the definition of the Fraud Triangle.   This is merely superficial but, unfortunately, there is a significant legal precedent attesting of unethical business practices at this company:   Goldman Sachs paid half a billion dollars to settle SEC charges that it misled investors in a subprime mortgage product (ABACUS) just as the U.S. housing market was starting to collapse.  The third factor is a motive.  The transaction generated hundreds of millions of dollars for the firm according to a press release by Bloomberg, EU seeks Greek swaps disclosure after ministry probe.  The ratio of the upper estimate of the fees (200 millions euros) to the amount of Greek debt masked under the 2001 deal (2.830 bn euros) is 7.1%. The key deal maker, Antigone Loudiadis, made a substantial fortune from the deal in just one year, reported the Wall Street Journal in 2010, and enjoyed a career boost thereafter.  Incidentally, she made controversial headlines again, reported Bloomberg in May 2011, as CEO of Rothesay Life, as regards to death derivatives.

He [Corrigan] hinted at what we labeled an opportunity and had recourse to the same rationalization multiple times.  These are two of the three factors that fall under the definition of the Fraud Triangle. Zero Hedge reported that, on the same day as Corrigan’s testimonial, the bank issued a communique. It essentially summarizes his arguments, with a few more figures but, again, makes no mention of the 2005 restructuring. Finally, Gerald Corrigan’s written statement does not address any of the above. Obstruction by Jean Claude Trichet

First, Bloomberg filed a request with the ECB in November 2010 to have access to ECB internal documents detailing the contentious transactions.  It was denied.   Second, Bloomberg contested the decision at the EU’s General Court in Luxembourg in December 2010.   Third, the ECB asked the General Court to dismiss the lawsuit, in May 2011, just one month before Mario Draghi’s nomination, apparently using a veto prerogative.  That’s one month before the nomination of the next ECB President whose possible role in the falsification of Greek debt as Goldman Sachs VP from 2002 to 2005 was raised by Simon Johnson as early as February 2010. Fourth, Bloomberg reacted in June 2011 with these words : The European Central Bank allowed itself to be deceived by a default in the making and now refuses to share with the taxpaying citizens it represents the details of the deception.  Secret and opaque financing got Europe into a mess that can only be resolved by the transparency of full disclosure.


The European parliament

As a member of the UK’s Liberal Democratic Party, Sharon Bowles is also affiliated with the Alliance of Liberals and Democrats of Europe, in short ALDE.   In March 2010, the former prime minister of Belgium and group leader of ALDE, Guy Verhofstadt, made a proposal to to promptly convene a public hearing of all those implicated in the falsification of Greek public accounts. He followed up with a declaration on 14 April 2010, reported in a press release known as Greece: the moment of truth, for Sharon Bowles to ask Director General of Eurostat to explain how accounts could have been legally modified and what measures were taken in the aftermath to prevent such actions. This was supposed to be discussed in a hearing, the same day, titled The fiscal crisis in the European Union – lessons from Greece.  According to the ECON Committee’s final draft programme, its participants were Sharon Bowles (moderator), Olli Rehn, Walter Radermacher, Gerald Corrigan, and a representative from a financial derivatives organization (ISDA), Richard Metcalfe.  We did not find the transcript of the hearing at EU Parliament’s portal, which is unfortunate, but we did find the deposition of Gerald Corrigan.  It contains insights on two subjects and nothing more.  The first is perspective on government debt management, such as the benefits of issuing debt through primary dealers.  The second is facilitating derivatives market surveillance, which recounts the initiatives of the financial industry policy group chaired by Corrigan, the Counterparty Risk Managment Policy Group (CRMPG).  This hardly addresses Guy Verhofstadt’s injunction, quoted in the press release Greece: the moment of truth : The chairman of Goldman Sachs in the US in particular should justify his bank’s speculation against Greek sovereign debt and the motivation of the investment bank which did not seem to be entirely based on economic considerations.

“widespread misreporting of deficit and debt data by the Greek authorities during in November 2004, [...] and on five occasions between 2005 and 2009.“  Eurostat audit January 2010 The topic reemerged in a parliamentary debate about Quality of statistical data in the Union and enhanced auditing powers by the Commission, on 15 June 2010. To frame it, we suppose, Sharon Bowles posted on 4 June 2010 the question of “whether any [Member States] have submitted falsifications or false data or statistics either intentionally or by neglect?”  The January 2010 audit had already answered that question for Greece: widespread misreporting of deficit and debt data by the Greek authorities during in November 2004, [...] and on five occasions between 2005 and 2009.” “In short, there is circumstantial evidence that the chair of the ECON Committee, Sharon Bowles, around 2010, was lagging behind Eurostat’s methodological visits to Greece. To conclude this section, former PM of Belgium Guy Verhofstadt’s high hopes, Greece : the moment of truth, in April 2010, may have fallen flat; that is, the EU parliament failed to deliver an account of who did what?


The Commission

In ECON Commissioner Olli Rehn‘s words spoken during the aforementioned 15 June 2010 debate, the closest match to Sharon Bowles’ question was As is well known, the Commission has undertaken in-depth work on Greek statistics over several years. The amended regulation should, in future, better mitigate the risk of fraud or manipulation of statistics, or of any other kind of irregularity.  Yesterday, there was a new development concerning Greece.  You will know that Moody’s decided to downgrade Greek bonds yesterday. On 21 July 2011, a parliamentary question was addressed to him, on the subject of Appointment of Mario Draghi as President of the European Central Bank.  This question was : Does the Commission have information on Mario Draghi’s involvement, whilst he was Goldman Sachs’ European vice-chair, in the dealings between the bank and the Greek Government over the concealment of accountancy fiddles? Olli Rehn’s answer, on 22 August 2011, was that transactions in derivatives between the Greek debt agency and Goldman Sachs dated back to 2001, implying that the President of the ECB had no connection to them. This is one of the two arguments presented by Mario Draghi before the ECON Committee in June, just before the vote on his nomination, that were found to be unsatisfactory.  Olli Rehn backs up his claim by citing the November 2010 Eurostat audit.  This is perplexing because the audit reveals that the terms of the contract between Goldman Sachs and the Greek Ministry of Finance were modified in August 2005.   This modification resulted in an 81% increase in the amount of debt concealed through this type of scheme.  Presumably, Mario Draghi still worked at Goldman Sachs at the time, since his term of office at the Central Bank of Italy started in January 2006.

In short, in August 2011, the Commissioner for ECON either misled the MEP (Willy Meyer) having some concern about Mario Draghi’s past at Goldman Sachs, or had superficial knowledge of the Eurostat audit he cited as evidence in defense of Mario Draghi’s reputation.

Has justice run its normal course?

Let’s try to understand by looking at a comparable case, the United States, where the financial lobby is nonetheless powerful. The above mentioned settlement with the SEC in July 2011 marked the end of a civil lawsuit that had begun in April 2010.  On 30 April 2011, Reuters reported that federal prosecutors in New York had begun a criminal investigation into other transactions, upon referral by the SEC.  In parallel, the Senate Permanent Subcommittee on Investigations, for short PSI, was investigating the financial crisis. It’s outcome, a bipartisan report, known as the Levin-Coburn report, was released in April 2011.  According to the Wall Street Journal, it asked for bank regulators to examine mortgage-related securities to identify any possible legal violations and use Goldman Sachs as a case study in implementing conflict prohibitions. October 2011, the aforementioned federal investigation, in New York, reportedly materialized with $1bn lawsuit against the bank, using evidence of investment bank abuses from the Levin-Coburn Report: Timberwolf was cited in a scathing U.S. Senate panel report in April that faulted Goldman, Deutsche Bank AG and others for hawking debt they expected to perform poorly..

Is the system of government fundamentally different in Europe, in this respect?  Of course not.  The equivalent of the SEC, in the EU, is the European Securities Markets Authority, for short ESMA, formerly the CESR.   It has only recently been granted enforcement authority known as level 4 of its governing procedure. Yet, it can issue a recommendation to a national authority[to carry out legal action].  To do so, ESMA must first carry out an investigation.  According to the same provision (level 4), the European parliament (Sharon Bowles), or the Commission (Olli Rehn) can request ESMA to get it under way.

The falsification of Greek debt, based on what was said thus far, and the fact that Goldman Sachs did not disclose it (See February 2010 Bloomberg article),  presumably constitutes a fairly obvious breach of their fiduciary duty as a primary dealer—a privileged position in the market.  Is anyone aware of Sharon Bowles or Olli Rehn launching an investigation into this scheme?  Let’s try to find out.

But in view of what precedes, there is reason to suspect that authorities have turned a blind eye to the problem. [referring to the falsification of Greek debt] In October 2011, a new Executive Director of ESMA, Verena Ross, was nominated, with the ECON Committee’s approval.  She gave a keynote speech to that effect in October 2011, in which she laid out her vision of the future focus of the work [of ESMA]. A lot has to do with harmonizing rules and processes across member states [2].  None of it addresses the glaring priority of bringing to justice the suspected perpetrators of financial crime.  If Verena Ross’ speech is to be taken at its word, the future focus of ESMA has a negative connotation:  turn the page and pretend that financial crime never happened.  In fairness, there were reports of a possible probe into this bank’s activities by the UK’s FSA and Bafin in Germany in the first half of 2010, but nothing specific about the falsification of Greek debt that we are aware of.  There was, however, a specific reference to that effect, in the US, by Fed Chairman Bernanke in the same period.   We can’t be certain that these investigations have stalled, or were put to rest.  But in view of what precedes, there is reason to suspect that authorities have turned a blind eye to the problem. Some financial experts allege a broader cynical scheme undertaken by the bank, that is reminiscent of its practices in the subprime crisis.  Essentially, these are hedging and speculative bets using insider knowledge of Greek public finances.   Let’s briefly review the literature.  In February 2010, two authors, Marshal Auerback and L. Randall Wray alleged that From 2001 through November 2009 [...] not only did Goldman and other financial firms help and encourage Greece to take on more debt, they also brokered credit default swaps on Greece’s debt—making income on bets that Greece would default.  No doubt they also took positions as the financial conditions deteriorated—betting on default and driving up CDS spreads. Corroborating evidence and analysis can be found in the following articles, listed in in chronological order : What about Greece and Goldman Sachs (Diplomatic World, Spring 2010), Clearing the air: Goldman Sachs and Greece (Hellenesonline, January 2011) and Goldman bet against entire European nations —who were clients— the same way it bet against its subprime mortgage clients (Washington’s blog, July 2011).



Notes

[1] The masking scheme is the combination of two sets of swaps. In the first set, a currency swap neutralizes Greece’s currency risk resulting from preexisting foreign denominated debt:  In 2001 a series of off-market cross-currency swaps were effectively linked to underlying debt instruments issued on foreign markets. This would have been standard practice, except for this clause:  the contracts were not based on the prevailing spot market rates of exchange [such that] the Greek government debt was de facto [immediately] reduced by EUR 2.4 billion by the conversion process. The second contains off-market interest swaps that are equivalent to a promise by Greece to make a stream of payments to Goldman Sachs.  This second set was designed to offset the gain for Greece resulting from the first set, such that its impact on debt and deficit, we must assume, would be gradual and slow.

0 Comments

July 14th, 2014

7/14/2014

0 Comments

 
I listened to someone tell me that Maryland Assembly passed laws to fight widespread wage theft and I had to remind them that Maryland passes laws but they do not enforce laws.  It's like saying policy makes health care stronger or public education stronger while defunding and deregulating these institutions.  Please stop listening to what neo-liberals and neo-cons say------and look what they do.  Remember, they work under 'tell them what they want to hear and then do what you want' politics of autocracy.

Let's take a look at unemployment in the US to remind ourselves----we must have citizens earning enough money to be able to consume to fuel the economy.  We must have policy that has Federal, state, and local governments using public money to hire small and regional domestic businesses to do work to rebuild a domestic economy.  Global corporations expanding overseas only hire overseas and make their profits overseas. 

THIS IS THE PROBLEM WITH UNEMPLOYMENT. 

REMEMBER, UNEMPLOYMENT IN THE US AND MARYLAND IS 36% BECAUSE GLOBAL CORPORATIONS CONTROL OUR ECONOMY AND USE HIGH UNEMPLOYMENT TO KEEP US WORKERS DESPERATE AND TO MAXIMIZE PROFITS.

Below you see the latest scheme by neo-liberal pols working for wealth and profit-----having the public become the Human Resources Department for corporations by having taxpayers fund all job training that should be done by corporations.  THESE WORKERS MUST BE JOB-READY ON DAY ONE.  All of the education funding that helped the working/middle class go to 4 year universities now go to subsidize corporate profit in job training programs.  I listen to neo-liberals telling me the poor need computer skills to do a job as if poor children aren't the top users of computer gaming-----needing lots of computer knowledge.  They simply need access to computers.  There is no skills deficit-----we have US college grads with STEM degrees among the unemployed.  Neo-liberals and neo-cons are simply using this as excuses to spend public money building structures that bring foreign students to the US to train to work overseas.

The problem today with the policy of a New Deal infrastructure funding bill is that neo-liberals are ready to send all that Federal funding to global construction corporations who will be allowed to bring labor from the nations these corporations are headquartered.  There will be little US employment from a infrastructure bill created by neo-liberals.  This is what Trans Pacific Trade Pact TPP is all about!

IF YOUR POL IS NOT SHOUTING THAT REBUILDING A DOMESTIC ECONOMY AND GETTING RID OF GLOBAL CORPORATIONS IN YOUR STATE-------THEY ARE NEO-LIBERALS AND NEO-CONS.


In Maryland that is why elections have been captured so as to silence an candidate with a platform to do that----


Wednesday, Feb 5, 2014, 11:33 am


Who’s Really To Blame for Unemployment?
BY Michelle Chen  Working In These Times


Though some protesters at an 'Unemployment Olympics' event in Tompkins Square Park, N.Y. blamed joblessness on 'the boss,' a new report suggests that the economic climate is more at fault.

Guided by the mythology of the “American dream”—the idea that, given the opportunity, the deserving will excel and rise above their peers—politicians often attribute unemployment to a mystical “skills gap.” If people can’t find a job, the logic goes, they clearly weren’t fit to be hired. As a consequence, many legislators tout specialized training programs or education reforms as possible solutions to America’s seemingly intractable jobs crisis. But a new study shows that blaming the “skills gap” for unemployment makes about as much sense as blaming a mass famine on “excess hunger.” 

A recent analysis by the left-leaning Economic Policy Institute shows that elevated unemployment is due to a general lack of demand in the job market, fueled by overarching economic decline. In other words, this is not a problem that can merely be addressed by retraining workers or revamping the education system.

In the report, economist Heidi Shierholz outlines this economic imbalance by comparing unemployment at different levels of education. Her results reveal that workers are suffering across the board: 

Workers with a college degree or more still have unemployment rates that are more than one-and-a-half times as high as they were before the recession began. In other words, demand for workers at all levels of education is significantly weaker now than it was before the recession started. There is no evidence of workers at any level of education facing tight labor markets relative to 2007.

Moreover, the report continues, there are no specific job sectors that appear to be especially “tight.” So it’s not that the economy especially favors, for example, radiologists or software engineers; bosses seem to be shutting the door on workers of all sorts:

T]he unemployment rate in 2012 in all occupations is higher than it was before the recession. In every occupational category demand for workers is lower than it was five years ago. The signature of a skills mismatch—workers in some occupations experiencing tight labor markets relative to 2007—is plainly missing.

Indeed, when comparing the job-opening-to-job-seeker ratio across different categories, EPI found that “unemployed workers dramatically outnumber job openings in all sectors. There are between 1.4 and 10.5 times as many unemployed workers as job openings in every industry. ... In no industry does the number of job openings even come close to the number of people looking for work.”

They found similar evidence of stagnation in the number of hours that people are working and in wage rates—both of which also suggest that there has been no significant jump in demand for more labor in specific job areas.

And this isn’t the first time we’ve seen research debunking the “skill gap” rhetoric. Last year, various analyses of the so-called STEM fields (high-paying professions geared toward science, technology, engineering and math) showed that these much-hyped occupations, which policymakers and the media have tended to revere as potential saviors for U.S. industry, are not exactly lacking qualified U.S. applicants. Rather than hire those skilled workers, however, many managers are opting to fill their openings with "guestworkers," who are essentially brought in on employment visas as a reliable supply of temporary labor linked to specific firms. According to EPI, these guestworkers are also generally paid less attractive wages than their peers in comparable positions. 

In addition, a recent study focused on Wisconsin workers came to similar findings about supply and demand in the workforce. After crunching the 2012 numbers on jobs that require various levels of education, urbanologist Marc Levine concluded in that report, “Even if every unemployed person were perfectly matched to existing jobs, [more than] two-thirds of all jobless workers would still be out of work.” That’s a gap that no amount of extra training will fill.

Schierholz does note that in a dynamic, churning economy, there will always be some “mismatch” between job-seekers and job openings; individuals typically get turned down for positions for which they lack the right skills or experience. But these specific incompatibilities are not enough to explain the dramatic rise in unemployment in the past few years. And the issue before lawmakers now, she says, is how to curb those plummeting jobs numbers.

Rather than focus on grooming workers for specific sectors as a jobs program, EPI therefore recommends another $600 billion stimulus from Washington to help restore state budgets after the deep cuts that severely undermined opportunities and income among public servants during the recession. Another solution for workers would be a New Deal-style launch of infrastructural construction projects, which could immediately create job openings and pump aggregate economic activity. Extending unemployment benefits could also help re-energize the slumped economy, EPI says, by keeping those without a steady income from falling further into poverty.

However, thanks to the current legislature's general reluctance to take measures that smack of expanding welfare or enact proactive policy interventions to create government-supported jobs, Schierholz isn’t optimistic that Congress will actually put these stimulus reforms into action. 

"We actually could do this. The economics is pretty straightforward,” she tells In These Times. Unfortunately, she adds, “Generally, a big fiscal expansion is just not in the cards. So we are instead going to be languishing in this sluggish recovery for a while. It's going to be four or five years before we get back to something that looks like health in the labor market."

So when viewed in historical context, what is commonly deemed the “skills gap” in Washington looks more like a gap in knowledge about how the economy actually works. If legislators' idea is to break out of America's downward spiral, they shouldn't blame workers for not having what it takes to "deserve" to be employed. Instead, policymakers ought to acknowledge the fundamentals of matching people with jobs: it's not just about their usefulness to the economy, but whether the economy is healthy enough to make use of them.


____________________________________________

When labor is marginalized by global corporate power it compromises positions that will in the end kill the unions. The American people will not support unions if the leaders are pushing the policies of global corporations that take the US to the level of developing countries-----as Trans Pacific Trade Pact does.  Each election I see the AFL-CIO and other major unions backing the very neo-liberal candidates breaking down the US Constitution and handing control of the economy to global corporations.  They are backing the worst of economic and development projects all under the guise of 'creating jobs'.  If I have to listen one more time to union leaders say-----'but they promised jobs'. 

WE NEED LABOR UNIONS TO PROTECT THE AMERICAN PEOPLE.  STAND FIRM AGAINST BAD PUBLIC POLICY AND RUN REAL LABOR AND JUSTICE CANDIDATES FOR GOODNESS SAKE!

The threat of loss of union rights being made by neo-liberals will pale to the American people losing faith in union leadership.  The Democratic Party is a tent of labor and justice.  If labor turns on justice they will lose as well. 

STOP ALLOWING GLOBAL CORPORATIONS AND THEIR POLS DIVIDE AND CONQUER.  WE NEED JOBS BUT NOT ANY JOB.  WE NEED TO BE BUILDING AN ECONOMY THAT WILL CREATE A HEALTHY FUTURE.


Gambling and fossil fuels----fracking and natural gas exporting all to create jobs??????  REALLY?

FRACKING AND NATURAL GAS IS NOT CLEAN FUEL------EXPORTING RAW ENERGY RAISES THE COSTS IN THE US AND DOES NOT SUPPORT BUILDING ENERGY INDEPENDENCE.  IT IS  BAD POLICY.

When labor union leaders become the mouthpiece for all neo-liberal and neo-con policy-----they are worthless to the American people and they will lose support.  In Europe it is labor unions that are successfully protecting the citizens of Europe as best they can.

THE AMERICAN PEOPLE NEED STRONG UNIONS BUT WE NEED GOOD UNION LEADERSHIP!

Web Only / Features » February 4, 2014

Angering Environmentalists, AFL-CIO Pushes Fossil-Fuel Investment

Labor’s Richard Trumka has gone on record praising the Keystone pipeline and natural gas export terminals.

BY Cole Stangler Email Print Trumka's comments come at a sensitive time, as trade unions and leading environmental groups have sought to build political partnerships with each other in recent years.

The nation’s leading environmental groups are digging their heels in the sand by rejecting President Obama’s “all-of-the above” domestic energy strategy—which calls for pursuing renewable energy sources like wind and solar, but simultaneously expanding oil and gas production.

But it appears the AFL-CIO, the nation’s largest labor federation, won’t be taking environmentalists’ side in this fight, despite moves toward labor-environmentalist cooperation in recent years. On a recent conference call with reporters, AFL-CIO President Richard Trumka endorsed two initiatives reviled by green groups: the Keystone XL pipeline and new natural gas export terminals. 

“There’s no environmental reason that [the pipeline] can’t be done safely while at the same time creating jobs,” said Trumka.

In response to a question from In These Times, Trumka also spoke in favor of boosting exports of natural gas.

“Increasing the energy supply in the country is an important thing for us to be looking at,” Trumka said. “All facets of it ought to be up on the table and ought to be talked about. If we have the ability to export natural gas without increasing the price or disadvantaging American industry in the process, then we should carefully consider that and adopt policies to allow it to happen and help, because God only knows we do need help with our trade balance.”

The call came amidst a series of three speeches by the AFL-CIO leader pushing for more investment in energy and transportation infrastructure. Trumka did not specifically praise Keystone and natural gas exports during the first speech, at the UN Investor Summit on Climate Risk on January 15, and it is unclear whether he will in the remaining two. But the labor leader’s comments on the conference call were enough to peeve environmentalists.

The anti-KXL camp has long argued that construction of the pipeline will facilitate the extraction of Alberta’s tar sands oil, one of the dirtiest fossil fuels on the planet. Many also oppose Keystone XL on the grounds that its route crosses the Ogallala Aquifer, one of the world’s largest underground sources of fresh water. “We invite President Trumka to come to Nebraska and visit with farmers and ranchers whose livelihoods are directly put at risk with the Keystone XL pipeline,” says Jane Kleeb, executive director of Bold Nebraska, which has organized local opposition against the pipeline. “To say the pipeline will not harm our water is ignoring real-life tragedies witnessed by all of us with the BP explosion, the Enbridge burst pipe into the Kalamazoo River and tar sands flowing down the street in Mayflower, Arkansas.”

Brendan Smith, co-founder of the Labor Network for Sustainability, a group that works with labor unions and environmental groups to fight climate change, took issue with Trumka’s argument that Keystone would create jobs.  “There is plenty of work that needs to done in this country, and we can create far more jobs fixing infrastructure and transitioning to wind, solar and other renewable energy sources,” says Smith. “Why build a pipeline that will significantly increase carbon emissions and will hurt our economy when there is a more robust and sustainable jobs agenda on the table?”

Trumka’s measured support for the KXL and natural gas export terminals is likely a nod to the AFL-CIO’s Building and Construction Trades Department (BCTD), whose relations with the parent labor federation have been, at times, fraught with tension. Many of the BCTD-affiliated unions enthusiastically support the pipeline: After the State Department released its final environmental analysis of the KXL, the head of the Laborers International Union of North America called for the president to approve the project while blasting “extremists in the environmental movement.”

Liquefied natural gas exports, meanwhile, are shaping up to be the next site of blue-green conflict. While environmentalists condemn plans to build export terminals nationwide, the BCTD and some of its affiliates have supported them. This appears to be the first time that Trumka has publicly sided with the BCTD on the issue.

Recently, the BCTD has gone head-to-head with environmentalists in Maryland over a controversial plan by energy giant Dominion Resources to convert a liquefied natural gas import terminal at Cove Point in Lusby, Md. into an export terminal. BCTD argues that the project supports thousands of well-paid jobs. Last November, BCTD head Sean McGarvey signed an “open letter” crafted by Dominion that appeared as a full-page ad in both The Baltimore Sun and The Washington Post and attacked the “misinformation being thrown about by those who would undo the project.”

Opponents such as the Chesapeake Climate Action Network (CCAN), an environmental group that works in Washington D.C., Maryland and Virginia, disagree. They say most of the jobs created by Cove Point and other proposed liquefied gas export terminals across the country will be temporary, limited to the construction process. And while the gas industry and the White House tout natural gas as a clean alternative to oil and coal, the environmental impacts are just as severe, argues CCAN Director Mike Tidwell. “When it comes to U.S. natural gas and climate change,” Tidwell says, “the worst possible thing you can do with that gas is frack it, pipe it, liquefy it and send it to Asia to light it on fire. The life cycle, the greenhouse gas emissions of that process makes that gas almost certainly as bad as coal, if not worse, in terms of the impact on the climate. We would be better off if India burned [its] own coal than [took] our gas from Appalachia.”

Like Smith, Tidwell believes that job creation and an environmentally friendly agenda are not mutually exclusive. “Nobody’s saying that there should be no jobs,” Tidwell says. “I think it’s the fossil fuel industry that convinces labor that either you have dirty, fossil fuel jobs or you have no jobs. They’re the ones that create that dichotomy, and I can understand why our friends in the labor movement feel like they gotta hang onto every last job they have because they’re under assault from the Republican Party, they’re under assault from the same corporations that are telling them fossil fuel jobs are good.”

Trumka’s comments come at a sensitive time, as trade unions and leading environmental groups have sought to build political partnerships with each other in recent years. After Obama’s November 2012 re-election, the Sierra Club and the CWA helped found the Democracy Initiative, which successfully pushed for a change in Senate’s filibuster rules. The move is designed to limit GOP obstructionism on modest liberal initiatives. In September 2013, at its most recent convention, the AFL-CIO passed a resolution to build “enduring labor-community partnerships,” which led to speculation that progressive groups like the Sierra Club could earn a spot on the federation’s executive council. 

On February 10, Trumka will face a test of how his call for energy investment affects these ties. He is scheduled to deliver a pro-infrastructure investment pitch at the annual conference of the Blue-Green Alliance, a group composed of environmentally minded unions, including the Service Employees International Union (SEIU) and the AFL-CIO-affiliated Communications Workers of America (CWA) and United Steelworkers (USW), as well as environmental groups such as the National Resources Defense Council (NRDC) and the Sierra Club.

The Blue-Green Alliance did not respond to requests for comment.

After that, Trumka will peddle his message of labor-energy industry cooperation to the business community. The AFL-CIO president is scheduled to speak on February 27 at Harvard Business School as part of a two-day-long event called “America on the Move: Transportation and Infrastructure for the 21st Century.” Trumka will appear in the closing plenary, “Call to Action,” alongside Transportation Secretary Anthony Foxx, the keynote speaker, and Tom Donahue, president of the U.S. Chamber of Commerce.

He may get a warmer reception there. America’s Natural Gas Alliance, an industry group that represents gas exploration and production companies, says it appreciates the labor leader’s call. “We share Mr. Trumka’s support for expanding infrastructure and exporting natural gas,” says Dan Whitten, a spokesperson for the organization. “We know that exporting natural gas can make a substantial difference in reducing our trade imbalance. And to the extent that it adds jobs, we like that too.”

Meanwhile, in an email to In These Times, Dean Hubbard, director of the Sierra Club Labor Program, was careful not to criticize Trumka’s recent remarks.

“We share much more in common with the labor movement than the few things that we disagree on,” Hubbard writes. “We are standing together to create millions of new clean energy jobs, protecting workers and communities affected by the transition from dirty fuels, jointly working toward fair trade, and—as allies in the Democracy Initiative—fighting back against the big corporations trying to sell out workers and the planet. There is no doubt about it: Friends do not always agree on everything.  But we are partners in the progressive movement focused on building on our common ground to secure a safer planet, a stronger economy and a better future for all Americans.”

_____________________________________________
Maryland neo-liberals have as a central tenet the privatization of all that is public----the public private partnership.  This is a direct attack on what is the strongest union left and it is deliberate.  They are deliberately dismantling the public sector to hand control of public policy and oversight to the very global corporations killing democracy.  It is why we have no voice in public policy or in our communities.

If labor unions and justice organizations are supporting neo-liberals as they do in Maryland----that is the problem.  We cannot support the breakdown of our public sector and still say we are labor and justice.  Stop allowing neo-liberals to corrupt institutions that should be working for the citizens of Maryland.  This happens because too much power falls to the few -----it is up to ALL CITIZENS to come out to help labor and justice organizations so they can fulfill their missions.  Do not allow them to be blackmailed by threat to their very existence as happens in Maryland.


IF YOU STAND SILENTLY AS ONE GROUP LOSES ITS RIGHTS AND JUSTICE-----EVERYONE WILL.  AN INJUSTICE TO ONE WILL BECOME INJUSTICE FOR ALL.  THAT IS WHAT IS HAPPENING NOW!


There is no public savings in these deals----it simply moves wealth to corporations and impoverishes the citizens.  Add the dismantling of oversight and you have rampant private contractor fraud and government corruption.

THIS IS HOW THIRD WORLD SOCIETIES OPERATE!


Friday, Jun 6, 2014, 5:57 pm

Privatizing Government Services Doesn’t Only Hurt Public Workers

BY David Moberg Email Print

A coalition of workers rally against privatization in Washington, D.C.

If you want to understand how privatization of public services typically works, Grand Rapids, Michigan is as good a place as any to start.

The state operates a nursing home for veterans in the town. Until 2011, it directly employed 170 nursing assistants, but also relied on 100 assistants in the same facility provided by a private contractor. The state paid its direct employees $15 to $20 an hour and provided them with health insurance and pensions. Meanwhile, the contractor started pay for its nursing assistants at $8.50 an hour—still billing the state $14.99—and provided no benefits for employees. This led to high worker turnover, reduced quality of care, and heavy employee reliance on food stamps and other public aid. 

Yet despite the evidence from this useful—albeit unplanned—experiment, which showed that any savings the state made through privatization came at the expense of workers and their clients, the new conservative Republican state government decided in 2011 to complete the privatization of the provision of nursing aides to the home. 

The experience with privatization at the Grand Rapids nursing home is in many ways typical among the rapidly growing ranks of public agencies in which the staff of private contractors replace government employees. And according to a new report, “Race to the Bottom: How Outsourcing Public Services Rewards Corporations and Punishes the Middle Class,” privatization policies around the country have greatly contributed to the nation’s growing economic inequality and to a decline in the quality of public services.

The report, released on June 3 by In the Public Interest (ITPI), a resource center on privatization, concludes that in most cases, privatization policies lead directly to cutbacks in government investment in skill development and to reductions in workers’ pay and benefits. In turn, workers have less income to invest in their households, their children and their neighborhoods—leaving individuals and their communities poorly served in the present and ill prepared for the future. 

Regardless of level of government, the story of privatization remains much the same. Elected leaders, often under legislative or political pressure from voters, try to reduce spending or taxes by relying on contractors for services instead. This way, politicians can attempt to avoid responsibility for the pay cuts and worker eliminations that almost inevitably result from privatization.

Government privatizers turn over huge swaths of public service work to private contractors—jobs such as corrections officers, nursing aides, teachers, school support personnel, clerks, waste haulers, food service workers and many others. Nobody knows precisely how much government work is now subcontracted, but New York University professor Paul Light estimates that there are about three times as many federal contract workers as civil service employees, with millions more at the state level.

Privatizers frequently claim that they charge governments low rates because they are especially efficient. In many cases, however, public employees are at least as efficient as private contract ones. Instead, if contractors’ operational cost is lower, the savings stem from the comparatively low salary their employees receive. For example, the median private corrections worker in the United States earns $29,000 a year compared with $38,000 to $39,000 for, respectively, the median state or local officer working in comparable positions. Furthermore, a a Demos study last year estimated that about two million federal contract or other publicly funded workers earned less than $12 an hour, more than the number of low-wage workers at Walmart and McDonald’s combined. Even if advocates of privatization admit that the savings through contracting result from lower pay, not greater efficiency, they typically argue that governments pay above-market wages. Contracting out saves money for taxpayers by eliminating that premium, they say.

But when governments properly account for all of their costs, sub-contractors are often more expensive than public employees. For example, the nonprofit watchdog Project on Government Oversight found that using contractors cost the federal government more than civil service employment in 33 of 35 occupations, resulting in billions of dollars total.

Those costs stem from a variety of sources. Governments must frequently hire an additional layer of supervisors to make sure contractors meet legal and other requirements. In addition, poorly paid contract employees often collect public assistance from supplemental nutrition programs, Medicaid and other aid for the needy, whose costs should be attributed to the contract.

Contracting out public work also rolls back critical progress toward equality on the basis of gender, race and income. Whatever their shortcomings, public employers in recent decades have opened up more opportunities and paid fairer wages to both African Americans and women than the private sector. For several decades, the ITPI report says, direct government employment of public service workers has provided a “ladder of opportunity” for many workers. Public jobs have opened up opportunity, especially where unions have bargained for contracts and influenced public policy. They have played an especially important role for women and African Americans, who still suffer disadvantages in the job market and are most hurt by cuts in public service pay and benefits.

For example, women comprise 57 percent of all government workers. And African Americans are 30 percent more likely than all other Americans to work in the public sector. Compared with black workers in the private sector, black public employees earn 25 percent more.

Cutting public service pay, therefore, compounds the inequities of income in America, replacing the ladder of opportunity upwards with a “downward spiral.”
And though this downward shift may most negatively impact African Americans and women, “it hurts all workers,” says economics professor Daphne Greenwood of the Colorado Center for Policy Studies.

Economists argue over the degree to which broad forces such as technology development or globalization account for rising inequality in the United States, says Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities. But privatization, he says, is one major cause of increased inequality that “smart policy” could easily reverse.

As some first steps toward that smart policy, In the Public Interest recommends that governments require contractors to show that their cost savings come from innovation and efficiency, not wage and benefit cuts. Contractors should be required to provide a living wage, health insurance and other benefits, ITPI also suggests. Though the McNamara-O’Hara Service Contract Act is designed to guarantee that federal contract workers in service work earn close to the prevailing wage in comparable jobs, both its coverage and enforcement are inadequate. Governments should collect and share detailed information on private contractors and their performance, ITPI says, in addition to preparing social and economic impact analyses in advance of any contract.

Mary Sparrow, a former custodian at the Milwaukee County Courthouse in Wisconsin, might have benefitted from such revisions. She was laid off in 2009 in the depth of the Great Recession after a private contractor, MidAmerican Building Services, won a contract to clean the building. The company told her she could keep the job—but not the pay. They offered her $8 an hour, instead of the $14.29 she had been making, and none of her former benefits. She and her husband have scraped by since, she said at a press conference at the release of the ITPI report, her voice cracking with emotion—buying health insurance with unemployment insurance payments, exhausting life savings for their children’s college to cover myriad expenses, contending with health worsened by stress, and watching former co-workers relying on food banks.

“Only the contractors come out ahead, not the middle class, the front-line workers,” Sparrow told the assembled crowd. “Milwaukee County or any county that privatizes will not see the promised cost savings. Privatizing has a devastating effect on our communities, not only on what we earn but what we spend, even on basics like housing and medication. This has been awful for us, and I hope any city, any state, will think twice before privatizing.”


_____________________________________________
All across America immigrant groups were organized to come out for the Senate immigration bill not realizing it was a market-based bill with a goal of preparing for Trans Pacific Trade Pact and the flooding of US economy with global corporations and their nation's labor force.  It has nothing to do with justice for Hispanics here in the US.  In fact it will make conditions worse for immigrants already here in America.  The Path to Citizenship leads nowhere for 90% of immigrants.  It was all a ploy by neo-liberals to use Hispanics here in the US to push for the Trans Pacific Trade Pact policies.  The national leaders pushing this immigration bill knew this but are tied to neo-liberals.  Here in Maryland, O'Malley and the Maryland Assembly knew this as they brought bus-loaded of immigrants to Annapolis to shout for the Senate immigration bill.

Neo-liberals and neo-cons work for wealth and profit which includes exploiting workers---they will never produce policy that promotes labor rights.  If they do it will not be enforced.


All Americans should be fighting this because they goal is to bring all US wages down to third world levels----no only working class----but middle-class.  Remember, in third world countries even doctors, lawyers, and Indian chiefs are at poverty!


Features » April 1, 2014

The Immigration Movement’s Left Turn Advocates are moving away from the “pathway-to-citizenship” compromise—and are demanding a moratorium on deportations.

BY Michelle Chen  Working In These Times

Deportations are expected to reach the 2 million mark in early April, and activists are campaigning fiercely at the gates of detention centers, border checkpoints and congressional offices to show the White House they will not let the Obama administration’s reach that milestone without a fight.

Who will be the Obama administration’s two-millionth deportee? The question haunts neighborhoods, schools and workplaces from Phoenix to Philadelphia.

And as the Obama administration continues its en masse removal of undocumented immigrants, that unlucky distinction could go to any of the roughly 11 million undocumented people who call the U.S. home—a carwash worker nabbed for a broken taillight; a field laborer who has overstayed her work visa; or a youth donning a cap and gown, deliberately crossing the path of the border patrol in a show of civil disobedience.

Deportations are expected to reach the 2 million mark in early April, and activists are campaigning fiercely at the gates of detention centers, border checkpoints and congressional offices to show the White House they will not let the Obama administration’s reach that milestone without a fight.

Last month in Alabama, immigrant rights advocates organized one such action by forming a human chain outside the Etowah County Detention Center, chanting “not one more”—the rallying cry of a wave of anti-deportation actions that have swept the nation over the past year, gaining political currency as a social media campaign, a slogan at street demonstrations, and more recently, a political salvo in Washington, where more conciliatory policy demands from inside the Beltway have sputtered.  

One protester at the Etowah rally, Gwendolyn Ferreti Manjarrez, declared, “I am tired of living with the fear that my family or any family can be torn apart at the seams for living our everyday life.”

Such pleas reflect exhaustion and exasperation with Washington, which has maintained an immigration-reform gridlock since the Senate reform bill all but died in Congress last year.

Faced with deafening silence in Congress and constant waffling in the White House, a growing number of advocates have joined the chorus calling for a moratorium on deportations. Even prominent centrist Latino organizations like the National Council of La Raza—NCLR lobbied hard for “compromise” legislation last year—have condemned Obama as “deporter in chief.”

Demands for a moratorium on deportations are not unprecedented: Advocates are proposing an extension of the White House's Deferred Action for Childhood Arrivals (DACA) program—a temporary executive reprieve for undocumented young people issued in 2012—to undocumented adults. Supports say their proposal would allow families to stay together in the run-up to future reform. The undocumented community and its allies argue that if Obama could exercise his discretion on enforcement for a sympathetic category of undocumented immigrants—primarily youth pursuing a college education—he could do the same for their undocumented parents and neighbors. 

In January, the Arizona-based group Dream Action Coalition, an advocacy group for the Dream Act legislation on which DACA was modeled, blasted Obama for punishing families for Congress’ failure to pass reform. Presenting the reform movement as a multigenerational struggle, the group stated in an “Open Letter to the Immigrant Rights Movement”: “We can’t wait while we see our families being taken into detention centers for months and even years while our children are being traumatized. …  Let’s together hold President Obama accountable for every deported parent.”

Obama has acknowledged the crisis and in recent weeks signaled he planned to ease deportations, but stopped short of fully halting detentions and removals. The president instead ordered the Department of Justice to review deportation policy “to see how it can conduct enforcement more humanely within the confines of the law.” Following a mid-March ­meeting with pro-immigrant advocates, he reportedly vowed to take executive action by summer if the Republican House members continued to stonewall on reform. Still, amid stiff Republican opposition, Obama promised to soften his approach without indicating whether he would order a full-on DACA-like deferral of deportations. 

Even Senators Harry Reid and Chuck Schumer, two leading Democrats who crafted the failed compromise bill, now endorse a deportation freeze as a stopgap measure. Schumer has also threatened to use a parliamentary maneuver known as a “discharge petition” to force a vote on a reform bill on the House floor, similar to the Senate proposal. But due to widespread House GOP opposition, this tactical measure would likely fail under Republican opposition.

But while Congress dithers, grassroots activists say the current enforcement regime doesn’t need to be made more “humane”—it needs to end, full stop.

“We need to make sure that there is affirmative action,” says Erika Andiola, an Arizona-based undocumented activist with the Not One More campaign. Andiola's advocacy is a matter of survival: She has campaigned publicly to defend her mother from deportation, and for the past few years, she has watched her state roll out some of the harshest anti-immigrant policies in the country. Indeed, the fight against deportations has foregrounded the struggles of besieged communities that have seen coworkers and family members swept up by Immigration and Customs Enforcement (ICE) over the past six years.

Grassroots activists are staking out a place at the negotiating table by establishing their own “blue ribbon commission” to draft a progressive set of policy recommendations, informed by their legal experiences fighting congressional lethargy and the federal enforcement dragnet. Andiola notes that she and fellow activists began calling for a deportation freeze months ago, long before many mainstream groups. “We don't want people to negotiate for us,” she adds. “We want to be able to be the ones putting the cards on the table, since we're the ones that have our families in detention and many times our families have been in deportation proceedings.”

Far from Washington, direct actions are escalating. A wave of hunger strikes has begun to spread, both inside and outside of detention centers. In early March, hundreds of immigrants at a Tacoma, Washington detention center began refusing meals and menial jobs assigned to detainees.

Shortly afterward, detainees went on hunger strike at a Conroe, Texas facility, accusing the management company, GEO, of inhumane, overcrowded conditions. Exasperated by the ongoing legal limbo, they also demanded due process of law, including “true and transparent information” on how their cases were being reviewed and processed. (TruthOut later reported that some participants had allegedly been placed in isolation as punishment.) Grassroots pro-immigrant groups, including the National Day Labor Organizing Network and Puente Arizona, have joined faith, labor and community organizations in various cities to coordinate solidarity hunger strikes.

Some have escalated protests by confronting ICE directly at the border. Since last fall, dozens of undocumented activists with the Bring them Home campaign have staged several unauthorized border crossings, voluntarily entering federal custody to protest deportations and dramatize the often hidden violence of family separation.

Activists are also using the web to mobilize people: Not One More has led petitions for the release of individual detainees, while Presente.org's Obama Legacy Project catalogues the administration's record of mass incarcerations and enforcement crackdowns.

Beyond the harrowing deportation numbers, activists want to stop the enforcement programs that have enabled ICE to partner with local police to apprehend immigrants. Secure Communities or SCOMM, the flagship joint enforcement initiative, has been sharply criticized for giving police departments wide  latitude to apprehend immigrants—often just for minor suspected infractions—fingerprint them, and share that information with Homeland Security, which then screens them through a central database to check their immigration status, and eventually funnel them into federal detention. In the impacted communities, ongoing federal crackdowns feed into an overarching climate of discrimination, fraught with racial profiling by police and xenophobic sentiment roiling in racially divided neighborhoods and workplaces.

Although ICE announced back in 2011 that the administration would prioritize the deportation of serious criminals, more than 30,000 immigrants still languish in detention on a given day (thanks in part to a “bed quota” that legally mandates that detention centers fill to a certain capacity).

According to national data, many detainees are being held for misdemeanors and other non-violent offenses, such as traffic violations or marijuana possession. An analysis of ICE data by Syracuse University researchers, shows that of the roughly 350,000 detention orders issued during fiscal year 2012 through early 2013, two-thirds involved no serious criminal convictions.

Reflecting growing frustration with draconian federal enforcement measures and the stagnation of federal reform efforts, some local lawmakers have acted affirmatively on their own to protect immigrants in the absence of legislative progress. In contrast to states that have ramped up their enforcement policies, San Francisco, California and Connecticut have passed legislation to block local police from cooperating with ICE enforcement, except in cases involving an immigrant with a serious prior conviction. 

Growing resistance to the Obama administration’s deportation regime contrasts sharply with last year’s relatively cautious debate  around “comprehensive immigration reform” legislation. The Democrats' agenda centered on incremental legalization, with an emphasis on “desirable” immigrants—high-demand workers in agriculture and STEM fields, as well as childhood arrivals—and harsher border security and enforcement measures. (There was little discussion of the social implications of harsher enforcement tactics.) Some activists rejected the Senate bill outright, opening a sharp rift within the immigrant rights movement between the Beltway organizations that supported a compromise in order to achieve a “pathway to citizenship,” and more radical groups such as Puente Arizona and Families for Freedom, which have centered their advocacy around resistance to the draconian immigration enforcement.

But now it seems that within the reform movement, the divergence on the importance of citizenship has been eclipsed by the convergence on calling for administrative action on deportation. Not One More is planning a nationwide day of action on April 5—roughly coinciding with the date when the two-millionth deportation is set to take place—with demonstrations planned in more than 40 cities

Migrant rights advocate Prerna Lal, who is formerly undocumented herself, says via email that she found the current political terrain for immigration reform “encouraging,” with the wave of direct actions opening space for “the disenfranchised and directly-impacted [to take] bold actions to declare themselves as ‘undocumented and unafraid’ leaders in their own communities.” In the broader push for congressional action, she added, “It is critical to remember that legislation such as Comprehensive Immigration Reform legislation or the DREAM Act is often merely a response to placate these actions.”

 Until lawmakers go back to the table to hammer out a reform bill, the best advocates can hope for is a temporary reprieve from the White House. Any kind of deferred action, for adults or youth, is just that—a deferral. But it buys time for undocumented individuals to keep working to shift the political climate, away from the obsession with border security and toward a reform approach that reflects a broader culture shift as immigrant communities become more deeply woven into a transborder, globalized social landscape.

Maybe no one understands this vision for an evolving nation better than the  more than 30,000 people languishing in detention each day. Oscar Quintero, a detainee at Etowah who protested from inside the detention center in solidarity with the rally outside,  recorded a brief statement that was later broadcast online by Detention Watch Network:

This is basically a concentration camp for immigrants. This is what it is, a human warehouse. They treat us like chickens. They are treating us like cattle. The reality is that as Latinos, if we do nothing, if we don’t unite, and we don’t make others listen to us, these abuses will continue, and families will continue to be separated.

For a man separated from his community by concrete walls and a labyrinth of legal barriers, Quintero’s voice managed to carry over the hurdles of politics and resonate with his supporters outside. On the eve of the two-millionth deportation, his words undertook the border crossing that countless others remain as determined as ever to make.



_____________________________________________

There is a tremendous silence in Maryland as regards TPP and Maryland is ground zero for implementing it.  They are not waiting for Congress to pass it----the Maryland Assembly and Governor O'Malley and Rawlings-Blake of Baltimore are installing it.

Maryland is one state that has spent the last few decades building the very structures that mirror Trans Pacific Trade Pact and neo-liberals are handing all of our economy over to global corporations and policy that works for them.  So, if Maryland pols signed the letter mentioned in this article-----

WHERE IS THEIR VOICE IN THIS STATE?  DO YOU HEAR YOUR POLS EDUCATING THE CITIZENS OF MARYLAND AGAINST TPP?  THERE IS SILENCE.

This is how you know who needs to be replaced in private non-profits----in labor unions------in justice organizations----and especially media.  All leaders know what is being pushed in Maryland and we need to have people in labor and justice organizations and non-profits that educate the citizens.


TPP: A Thoroughly Predatory Pact

by Ron Forthofer / July 12th, 2014 Dissident Voice

U.S. transnational corporations are working behind the scenes to change the rules governing them. You may say ‘big deal, this doesn’t affect me’. However if you use the internet, view movies, take pharmaceuticals, want a clean and safe environment, believe in democracy, etc., you likely will be negatively impacted.

Media’s Failure to Inform

Negotiations on the Trans-Pacific Partnership (TPP), based on the fatally flawed NAFTA model, currently involve twelve nations in the Pacific region and have been underway since 2010. Mainstream media’s coverage about these negotiations has been essentially nonexistent. When mentioned, the media reports that the negotiations are about trade instead of being about easing rules governing transnational corporations.

Why the Lack of Transparency?

This May, Senator Elizabeth Warren said: “From what I hear, Wall Street, pharmaceuticals, telecom, big polluters and outsourcers are all salivating at the chance to rig the deal in the upcoming trade talks. So the question is, Why are the trade talks secret? You’ll love this answer. Boy, the things you learn on Capitol Hill,” Warren said. “I actually have had supporters of the deal say to me ‘They have to be secret, because if the American people knew what was actually in them, they would be opposed.’”


Undue Corporate Influence on U.S. Negotiating Positions

In 2012 Senator Ron Wyden, Chairman of the Senate Finance Committee’s Subcommittee on International Trade, Customs, and Global Competitiveness, whose office is responsible for conducting oversight over the U.S. Trade Representative (USTR) and trade negotiations, said: “Yet, the majority of Congress is being kept in the dark as to the substance of the TPP negotiations, while representatives of U.S. corporations—like Halliburton, Chevron, PHRMA, Comcast, and the Motion Picture Association of America—are being consulted and made privy to details of the agreement.”

In a May 2012 letter, thirty law professors from multiple countries involved with the TPP negotiations made the same point about corporate representation. They said:

The only private individuals in the US who have ongoing access to the US proposals on intellectual property matters are on an Industry Trade Advisory Committee (ITAC) which is dominated by brand name pharmaceutical manufacturers and the Hollywood entertainment industry.


There is no representation on this committee for consumers, libraries, students, health advocacy or patient groups, or others users of intellectual property, and minimal representation of other affected businesses, such as generic drug manufacturers or internet service providers. We would never create US law or regulation through such a biased and closed process.

Investor-State Dispute Settlements Threaten Sovereignty

In June 2012 a draft of the TPP’s Investment Chapter was leaked. According to Lori Wallach, director of Public Citizen’s Global Trade Watch: “Via closed-door negotiations, U.S. officials are rewriting swaths of U.S. law that have nothing to do with trade, and in a move that will infuriate left and right alike, have agreed to submit the U.S. government to the jurisdiction of foreign tribunals that can order unlimited payments of our tax dollars to foreign corporations that don’t want to comply with the same laws our domestic firms do. U.S. trade officials are secretly limiting Internet freedoms, restricting financial regulation, extending medicine patents and giving corporations a whole host of other powers.”


State legislators are greatly concerned about the threat to states’ ability to maintain their sovereignty and to protect rules protecting their citizens.
For example, Maine State Representative Sharon Treat, one of the drafters of a July 2012 letter from 130 members of state legislatures from all 50 states, said: “The U.S. government should not be negotiating trade deals that undercut responsible state and federal laws enacted to protect public health and the environment, preserve the stability of our financial system, or make sure working conditions are safe and healthy.”

In addition, the National Conference of State Legislatures (NCSL) strongly opposes this investor-state dispute resolution process. Its position is:

NCSL will not support Bilateral Investment Treaties (BITs) or Free Trade Agreements (FTAs) with investment chapters that provide greater substantive or procedural rights to foreign companies than U.S. companies enjoy under the U.S. Constitution. Specifically, NCSL will not support any BIT or FTA that provides for investor/state dispute resolution. NCSL firmly believes that when a state adopts a non-discriminatory law or regulation intended to serve a public purpose, it shall not constitute a violation of an investment agreement or treaty, even if the change in the legal environment thwarts the foreign investors’ previous expectations.

NCSL believes that BIT and FTA implementing legislation must include provisions that deny any private action in U.S. courts or before international dispute resolution panels to enforce international trade or investment agreements. Implementing legislation must also include provisions
stating that neither the decisions of international dispute resolution panels nor international trade and investment agreements themselves are binding on the states as a matter of U.S. law.

More Financial Deregulation

Given the recent financial crisis, it’s alarming that financial deregulation will likely be pushed in the TPP. A letter from 100 economists to the TPP negotiators expressed concern and stated:

We, the undersigned economists, write to you regarding the capital transfers provisions in the proposed Trans-Pacific Partnership Agreement (TPPA). We are concerned that if recent U.S. treaties are used as the model for the TPPA, the agreement will unduly limit the authority of participating parties to prevent and mitigate financial crises.

They went on to point out the importance of capital controls. “While capital controls and other capital management techniques are no panacea for financial instability, there is an emerging consensus that they are an important part of the macro-economic toolkit. Indeed, all G-20 leaders endorsed the following statement at the 2011 Cannes Summit:

Capital flow management measures may constitute part of a broader approach to protect economies from shocks. In circumstances of high and volatile capital flows, capital flow management measures can complement and be employed alongside, rather than substitute for, appropriate monetary, exchange rate, foreign reserve management and prudential policies.

Fast Tracking of the Agreement

President Obama has sought trade promotion authority (‘fast track’) to get TPP through Congress. Fast track usurps Congress’s constitutional authority over trade issues. Congress would have a very limited time to debate the deal and would not be allowed to make any changes. Fortunately, Congress has not yet abrogated its responsibility over trade issues. It is important to keep pressure on Congress to deny Obama this authority.

Represent Public Interest, not Transnational Corporations

Let your representative and senators know that you want them to oppose both fast track and the TPP. If they fail to do this, they are sending a clear message to voters.




0 Comments

July 13th, 2014

7/13/2014

0 Comments

 
JUST AN FYI AS THE MARYLAND BOARD OF ELECTIONS CERTIFIED THIS GOVERNOR'S RACE ON JULY 10, 2014.  THIS MEANS ITS TIME FOR CINDY WALSH FOR GOVERNOR OF MARYLAND TO GO TO COURT.  THIS EFFORT IS NOT ONLY TO CHANGE THE SYSTEM SO IT WORKS AS RULE OF LAW REQUIRES---IT IS ABOUT THE CITIZENS OF MARYLAND KNOWING HOW THINGS SHOULD WORK AND ASK YOURSELF----WHY IS MY INCUMBENT NOT SHOUTING THIS? 

IT IS BECAUSE THEY ARE NEO-LIBERALS.




Neo-liberals in Maryland have such control of the state and local Democratic committees that they openly violate election laws to make sure that any candidate with a platform against neo-liberal policies is excluded from election events and media coverage----a blackout of labor and justice candidates. For others across the US -----this may be happening in your neck of the woods.

THIS IS ILLEGAL AND WE MUST TAKE THIS TO COURT. EVEN IF THE COURT IS CORRUPT WE MUST DOCUMENT THIS BREAKDOWN OF RULE OF LAW AND EDUCATE THE PUBLIC ABOUT HOW THINGS SHOULD WORK!

Cindy Walsh for Governor of Maryland has filed a complaint in the Circuit Court of Maryland/Baltimore claiming systemic election violations changed the results of the election for Governor of Maryland in the Democratic Primary and need to be invalidated. If not for these election violations Cindy Walsh would have won the election without a doubt! The next step is for the court to issue summons' to these defendants in an expedited process as required by Maryland law in challenges to elections for Governor. Failure to do so will deny me my US Constitutional rights to due process and rights to participate freely in elections. Remember, I should be campaigning for the general election right now as the Republican candidate is doing.

I am self-representing as Maryland has no public justice protecting citizens against government malfeasance. I feel confident the complaint is written correctly and I know the claims are valid and easily proven. Lawyers may LOL at my lack of legalese-----be kind!!!!




CIVIL CLAIM IN THE CIRCUIT COURT  OF MARYLAND IN BALTIMORE



Cindy Walsh vs
Bobbie S. Mack , Chairman Maryland Board of Elections; Doug Gansler, Maryland State Attorney General; and Democratic Primary candidates for Governor of Maryland,  Anthony Brown, Doug Gansler, and Heather Mizeur.


Parties to this complaint


1.  Cindy Walsh
2522 N Calvert Street     Civil Action#____________
Baltimore, Maryland 21218

Plaintiff

 
 VS.


 
2.  Bobbie Mack, Chairman Maryland Board of Elections
151 West Street, Suite 200
Annapolis, MD 21401

Defendant


3.  Doug Gansler, Maryland Attorney General and candidate
200 St. Paul Place
Baltimore, MD 21202


Defendant

 

4.  Anthony Brown- candidate
100 State Circle 
Annapolis, Maryland 21401

Defendant

 

5.  Heather Mizeur- candidate
House Office Building, Room 429
6 Bladen St., Annapolis, MD 21401


Defendant

 

Jurisdiction

6.  Cindy Walsh for Governor of Maryland is filing in Maryland Circuit Court of Baltimore because plaintiff is a resident of Baltimore and the election irregularities identified in the Federal Court case include businesses located and operating in Baltimore.  The plaintiff claims Maryland agencies tasked with oversight and enforcement, the Maryland Board of Elections and Maryland Attorney General’s Office, failed to oversee Maryland elections and enforce Maryland and Federal election laws. 

TITLE 6 Subtitle 1 Section 6-102 (a); Section 6-103 (a) (b) (1); TITLE 6 Subtitle 2 Section 6-201 (a) 


Statement of Facts and Claims

 7.  The US Constitution and Maryland Constitution guarantees the rights of citizens to free and fair elections.  This includes the rights of citizens to run for elected office and the rights of citizens to go to the polls educated on the issues and candidates in an election race so they may cast an intelligent vote.  The FCC and IRS regulate businesses under their venue and have laws that protect elections and how businesses may participate in elections.  These laws state that if a business decides to participate in elections it must do no damage to one candidate or oppose a candidate and it must educate voters on the issues and candidates in an election race excluding no candidate because of platform.  These laws protect Federal, State, and local elections.  This case does not address a third party candidate; it addresses a candidate in a Democratic Primary and has the protection of major party status.  Cindy Walsh for Governor of Maryland was systematically excluded from election coverage by Maryland media and election events by major 501c3 organizations and this exclusion was complete in the City of Baltimore.  The plaintiff will prove these widespread election irregularities without a doubt changed the results of the Democratic Primary election for Governor of Maryland and denied the citizens of Maryland the information on a campaign platform that in all probability included issues valuable to their decision to vote and for whom to vote.  This case claims that Bobbie Mack of the Maryland Board of Elections and Doug Gansler of the Maryland Attorney General’s Office willfully and deliberately failed in their duties of oversight and enforcement of Maryland and Federal Election Law and refused to respond to plaintiff’s requests for relief from said election irregularities.  Rather, they allowed them to continue creating the conditions now necessitating the invalidation of the election results in the Democratic Primary for Governor of Maryland.  This case claims as well that Democratic Primary candidates Anthony Brown, Doug Gansler, and Heather Mizeur and their campaign committees knowingly violated election law and ignored and participated in election venues that violated election law.


MARYLAND STATUTES AND CODES


8.  Cindy Walsh claims election irregularities; requests to invalidate an election result can be taken to Maryland Circuit Court.


Title 12 Subtitle 2.    Judicial Review of Elections Section 2-102 (a) (b) (1) (2) (3); Subtitle 2. 12-202 (a) (1) (2) (b) (2); 12-203 (a) (1) (2) (3) (b); 12-204 (a) 1) (2) (b) (1) (2) (c) (1) (2) (d) 


9.
  Cindy Walsh claims Maryland Attorney General Doug Gansler has the power to investigate election violations through the State Prosecutor’s Office and as an elected politician has taken an oath of office requiring the upholding of Federal and State Constitutional law including election law.  Doug Gansler failed to respond to requests from plaintiff to investigate claims of election irregularities and participated in election irregularities so great as to change the result of the Democratic Primary for Governor of Maryland.

 Chapter 612, Acts of 1976; Code Criminal Procedure Article, secs. 14-101 through 14-114; Sec. 6 (originally Article I, sec. 6, renumbered by Chapter 681, Acts of 1977, ratified Nov. 7, 1978).

 
10.
  Cindy Walsh claims the Maryland Board of Elections Chairman Bobbie Mack is tasked with ensuring that elections are free and fair and to respond to candidate’s complaints identifying election irregularities and as an appointed state official has taken an oath of office requiring the upholding of Federal and State Constitutional law including election law.  Bobbie Mack failed to respond to complaints of election irregularities and this candidate's request for relief from those irregularities.
These irregularities were so great as to change the result of the Democratic Primary for Governor of Maryland.

Title 2 Subtitle 1 Section 2-102 - (a) (b) (1) (2) (3)

 

11.  Cindy Walsh claims Anthony Brown, Doug Gansler, and Heather Mizeur willfully, knowingly, and with malice violated FCC and IRS election laws and as elected politicians having taken an oath of office requiring the upholding of Federal and State Constitutional law including election law, have violated that oath of office.



ARTICLE I SEC. 6; SEC. 9.



  Demand for relief

Cindy Walsh for Governor of Maryland asks the court for the following:

12.  Invalidate the 2O14 Democratic Primary due to election irregularities so widespread as to without a doubt changed the result of the Democratic Primary for Governor of Maryland.

13.  Find the Maryland Board of Elections and Maryland Attorney General’s Office guilty of failing to perform the duties of their office and of obstruction of justice placing these agencies under court supervision for a probationary period of several election cycles until the citizens of Maryland are assured free and fair elections.

14.  Find the Democratic Primary candidates for Governor of Maryland, Anthony Brown, Doug Gansler, and Heather Mizeur guilty of failing to honor their oath of office by upholding all Federal and State Constitutional laws especially election law and actively violating these election laws.

15.  Provide the Democratic Primary candidate Cindy Walsh an election venue after being denied one in this Democratic Primary for Governor of Maryland.  Disqualifying Anthony Brown, Doug Gansler, and Heather Mizeur for knowingly committing election irregularities and knowingly participating in election venues violating election law would place Cindy Walsh the next highest in votes and therefore the winner of this Democratic Primary.  If the court deems the entire primary invalid then allow Cindy Walsh a spot in the 2014 general election for Governor of Maryland running as a Green Party candidate.  This would require the court for one time to suspend general election filing date requirement date of February 2014 and suspending the law that precludes a candidate losing a primary from running in a general election.  If this is the solution, then the court would need to protect Cindy Walsh from the same kind of media and 501c3 organization censure through the general election this time because of being a third party candidate.

16.  Refund the costs of running this election including candidate filing fees for the candidates for Governor and Lt. Governor and costs of electioneering, refund court costs, with financial damages to the plaintiff for an amount of $500,000.  The plaintiff asks the court to assure the Maryland Assembly pay this award or be sent to jail for contempt of court.   Cindy Walsh is self-representing and is her own lawyer.  Defendants and their lawyers can use the following contact information: Cindy Walsh   2522 N. Calvert St. Baltimore, Maryland 21218; 443-825-7031; Cwals99@yahoo.com  



Signature/date of plaintiff and plaintiff’s lawyer 

______________________________                                                                                          _____________________________


MARYLAND ELECTION LAW:

Title 12 Subtitle 2.    Judicial Review of Elections

12-202.  Judicial challenges

a)  In general--- If no other timely and adequate remedy is provided by this article, a registered voter may seek judicial relief from any act or omission relating to an election, whether or not the election has been held, on the grounds that the act or omission:

1)  is inconsistent with this article or other law applicable to the elections process; and
2)  may change or has changed the outcome of the election.

b)  Place and time of filing.---- A registered voter may seek judicial relief under this section in the appropriate circuit court within the earlier of:

1)  10 days after the act or omission or the date the act or omission became known to the petitioner; or

2)  7 days after the election results are certified, unless the election was a gubernatorial primary or special primary election, in which case 3 days after the election results are certified.  (An Code 1957, art. 33, 12-202; 2002, ch.291, 2, 4)


12-203. Procedure

a) In general.----   A proceeding under this subtitle shall be conducted in accordance with the Maryland Rules, except that:

1)  the proceeding shall be heard and decided without a jury and as expeditiously as the circumstances require;

2) on the request of a party or sua sponte, the chief administrative judge of the circuit court may assign the case to a three-judge panel of circuit court judges; and

3)  an appeal shall be taken directly to the Court of Appeals within 5 days of the date of the decision of the circuit court.

b)  Expedited appeal.  ----  The Court of Appeals shall give priority to hear and decide an appeal brought under subsection (a) (3) of this section as expeditiously as the circumstances require. (An Code 1957, art.33, 12-303; 2002, ch 291, 2, 4)





12-204.  Judgement.

a)  In general.  ------- The court may provide a remedy as provided in subsection (b) or (c) if this section if the court determines that the alleged act or omission materially affected the rights of interested parties or the purity of the elections process and:

1) may have changed the outcome of an election already held; or

2) may change the outcome of a pending election.

b)  Act or omission that changed election outcome.  ----If the court makes an affirmative determination that an act or omission was committed that changed the outcome of an election already held, the court shall:
1)  declare void the election for the office or question involved and order that the election be held again at a date set by the court; or

2)  order any other relief that will provide an adequate remedy.

c)  Act or omission that may change outcome of pending election.  -----  If the court makes an affirmative determination that an act or omission has been committed that may change the outcome of a pending election, the court may:

1)  order any relief it considers appropriate under the circumstances; and

2)  if the court determines that it is the only relief that will provide a remedy,, direct that the elections for the office or question involved be postponed and rescheduled on a date set by the court.

d)  Clear and convincing evidence.  -----  A determination of the court under subsection (a) of this section shall be based on clear and convincing evidence.  (An Code 1957, art. 33, 12-204; 2002, ch. 291, 2, 4)


*************************************************************

Maryland Attorney General’s Office

Chapter 612, Acts of 1976; Code Criminal Procedure Article, secs. 14-101 through 14-114; Sec. 6 (originally Article I, sec. 6, renumbered by Chapter 681, Acts of 1977, ratified Nov. 7, 1978).
The Office of State Prosecutor was established by Constitutional amendment and legislation in 1976 (Chapter 612, Acts of 1976, ratified Nov. 1976). The State Prosecutor’s Office began operation January, 1977.

The State Prosecutor may investigate on his own initiative, or at the request of the Governor, the Attorney General, the General Assembly, the State Ethics Commission, or a State’s Attorney, certain criminal offenses. These include: 1) State election law violations; 2) State public ethics law violations; 3) State bribery law violations involving public officials or employees; 4) misconduct in office by public officials or employees; and 5) extortion, perjury, or obstruction of justice related to any of the above.

 MARYLAND STATUTES AND CODES


Maryland Board of Elections
Title 2 Subtitle 1 Section 2-102 - Powers and duties. Listen § 2-102. Powers and duties.

(a) In general-The State Board shall manage and supervise elections in the State and ensure compliance with the requirements of this article and any applicable federal law by all persons involved in the elections process.

(b) Specific powers and duties.- In exercising its authority under this article and in order to ensure compliance with this article and with any requirements of federal law, the State Board shall:

(1) Supervise the conduct of elections in the State;

(2) Direct, support, monitor, and evaluate the activities of each local board;

(3) Have a staff sufficient to perform its functions;

[An. Code 1957, art. 33, § 2-102; 2002, ch. 291, §§ 2, 4; 2003, ch. 379, § 2; 2004, ch. 25; 2006, ch. 61, § 1.]


 

18 U.S. Code § 1001  (a) (2) (3) False statements of fact

 

(a) Except as otherwise provided in this section, whoever, in any matter within the jurisdiction of the executive, legislative, or judicial branch of the Government of the United States, knowingly and willfully—

(1) falsifies, conceals, or covers up by any trick, scheme, or device a material fact;

(2) makes any materially false, fictitious, or fraudulent statement or representation; or

(3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry;

shall be fined under this title, imprisoned not more than 5 years

 

·         Defamation per se

 

 

Damages Awarded for Defamation in Maryland Among the damages for defamation in Maryland include:

  • actual damages
  • punitive damages
  • other damages awarded by the court
 

Punitive Damages in Maryland: Reconciling Federal Law, State Law, and the Pattern Jury Instructions

·        


·         Stephen J. Shapiro

·        
University of Baltimore - School of Law

Fall 2007

University of Baltimore Law Forum, Vol. 38, No. 1, pp. 27-53, Fall 2007

·        
Abstract:     

·         Starting in the early 1990's, both the United States Supreme Court and the Court of Appeals of Maryland addressed the issue of jury discretion in awarding punitive damages. The two courts addressed the perceived problem in two different ways. The United States Supreme Court focused their attention mainly on the excessive amount of such awards. It held that the Due Process Clause regulates both the procedures used in awarding punitive damages and the amounts of such awards. The Court required that juries be given sufficient instructions to enable them to make awards based on the purpose of punitive damages, and required state trial judges and appellate courts to reduce the amount of such awards if they were “grossly excessive.” The Court provided state judges with guideposts for determining the appropriate amount of punitive damage awards and required that the amounts be proportionate to the amount of compensatory damages.

The Court of Appeals of Maryland focused its attention instead on the proof required for a jury to make a punitive damages award in the first place. It held that punitive damage awards could only be made if the defendant's conduct rose to the level of actual malice (evil motive or intent to do harm, or knowing that its actions would be harmful) and not just implied malice (gross negligence, recklessness, or should have known of the harm). In addition, the Court of Appeals of Maryland held that juries should be instructed that they must find that actual malice had been proved by “clear and convincing evidence,” and not just a preponderance of the evidence.

This article will suggest several changes to Maryland law and the Maryland Civil Pattern Jury Instructions, so that the instructions more accurately reflect Maryland law, and that Maryland law complies with the Due Process Clause. The proposed changes include:
• providing a clearer standard in the instructions for when punitive damages should be awarded;
• clarifying that the “clear and convincing” standard applies only to the finding of “actual malice” and not to the broader question of whether and in what amount to award punitive damages;
• changing the law, the procedure and the jury instructions relating to whether and when a jury may consider evidence of the defendant's financial condition in calculating the amount of a punitive damage award; and
• providing more guidance to juries as to the appropriate amount of punitive damage awards.


·         Number of Pages in PDF File: 28

·         Keywords: punitive damages, jury discretion, Supreme Court, Court of Appeals of Maryland, Maryland Civil Pattern Jury Instructions, compensatory damages, Due Process Clause

·         JEL Classification: K13, K49

·         Accepted Paper Series



·         Download This Paper

·         Date posted: June 24, 2009  

·         Suggested Citation

·         Shapiro, Stephen J., Punitive Damages in Maryland: Reconciling Federal Law, State Law, and the Pattern Jury Instructions (Fall 2007). University of Baltimore Law Forum, Vol. 38, No. 1, pp. 27-53, Fall 2007. Available at SSRN: http://ssrn.com/abstract=1425083

Punitive damages in Rockville, Maryland usually cannot exceed 10 times the amount of actual damages suffered by the plaintiff. However, this is just a guideline, and not a strict rule. Courts in Maryland have found larger punitive damage awards to be perfectly valid, and smaller ones to be invalid. This will be highly dependent on the facts of each case.

___________________________________________


THIS IS A DRAFT OF THE COMPLAINT GOING TO FEDERAL COURT


CIVIL CLAIM IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MARYLAND

 

Cindy Walsh

2522 N Calvert Street                                   Civil Action #  __________________
Baltimore, Maryland 21218

Plaintiff

 

                   VS.

 

1.      University of Maryland---College Park

  Wallace D. Loh
 President
1101 Main Administration Building
 College Park, MD 20742-6105

 
Defendant

 
2.      University of Maryland Carey Law School     

Phoebe A. Haddon
Dean
500 W. Baltimore Street   Suite 260
Baltimore, MD 21201-1786


Defendant


3.      University of Baltimore

Robert L. Bogomolny
President
1420 N. Charles St.
Baltimore, MD 21201

 
Defendant


4.      Morgan State University

David Wilson
President
1700 East Cold Spring Lane
Baltimore MD 21251

 
Defendant

 
5.      Coppin State University

Mortimer Neufville
President
2500 West North Avenue
Baltimore, MD 21216-3698

 
Defendant



6.      Maryland Public Television

Larry D. Unger
President and Chief Executive Officer
11767 Owings Mills Boulevard
Owings Mills, Maryland 21117

 
Defendant

 

7.      WYPR Public Media 

Anthony Brandon
President & General Manager
2216 North Charles Street
Baltimore, Maryland 21218

 
Defendant

 

8.      WEAA Public Media 88.9 FM

Morgan State University--David Wilson-President
1700 E. Coldspring Lane
Baltimore, MD 21251

 
Defendant


9.      Baltimore Education Coalition

Yasmene Mumby/ Jimmy Stuart Co-Chairs
Cathedral of the Incarnation
4 East University Parkway
Baltimore, Maryland 21218

Defendant

 
10.  BUILD

Baltimore- Baltimoreans United in Leadership Development

Co-Chairs
Rev. Andrew Foster Connors, Pastor of Brown Memorial Park Avenue Presbyterian Church
Rev. Glenna Huber, Pastor of Church of the Holy Nativity

2439 Maryland Ave
Baltimore, MD 21218


Defendant



 11.     Church of the Great Commission

Rev. Joshua Kevin White is Host Pastor.
Collective Empowerment Group, Inc.
President, Rev. Anthony G. Maclin  Board of Directors
5055 Allentown Road
Camp Springs, MD.  20746


 
Defendant
 


12.  Maryland Democratic Party

Yvette Lewis, Chair
33 West Street, Suite 200
Annapolis, Maryland 21401

 
Defendant



13.    The Gazette's Corporate Office

Douglas Tallman,  Editor
Vanessa Harrington,  Editor
9030 Comprint Court
Gaithersburg, MD 20877


Defendant



14.  Maryland Reporter.com

Len Lazarick
6392 Shadowshape Place
Columbia, MD 21045

Defendant



15.  WBFF TV

Steve Moretz Operations Manager
2000 W. 41st Street
Baltimore, MD 21211


Defendant



16.  Pennsylvania Avenue AME Zion Church

Reverend Lester A. McCorn, Senior Pastor
Lady Charlene M. McCorn, First Lady
1128 Pennsylvania Avenue
Baltimore, Maryland 21201


Defendant



17.   Maryland Municipal League  


Scott A. Hancock,  Executive Director

1212 West Street  
Annapolis, Maryland 21401


Defendant



18.   WBAL TV Channel 11

Dan Joerres  -- President & General Manager
3800 Hooper Ave.
Baltimore, MD 21211

Defendant

 

19.  WJZ TV Channel 13

Gail Bending -- News Director
3725 Malden Ave
Baltimore, MD 21211-1322

Defendant

 

20.  WMAR TV Channel 3

Kelly Groft --- News Director
6400 York Rd
Baltimore, MD 21212-2117

Defendant

 

21.  Baltimore Sun

Trif Alatzas -- Senior vice president, executive editor
501 N. Calvert Street
Baltimore, MD 21278

Defendant



22.  WOLB  AM Radio- Radio One Baltimore

Howard Mazer -  General Manager
1705 Whitehead Road
Baltimore, MD 21207


Defendant






________________________________________

THIS IS A DRAFT OF THE FEDERAL COURT LAWSUIT TO BE FILED BY CINDY WALSH

 

 

Background to Federal Court lawsuit regarding election irregularities in the Democratic Primary for the Governor of Maryland

Censure in media and 501c3 events of my candidacy and platform damaged my campaign and denied the voters the right to freedom and intelligent casting of a vote.  This was a huge factor in election results and directly changed the course of this primary election.  Anthony Brown with 12% of registered democratic voters left 72% of those voters deciding not to participate.  Cindy Walsh with 1% of registered democratic voters could have easily won the 15% more of voters needed to win this election if not for the systemic election violations that left my campaign out of primary election events and media. 





Legal basis of complaint:

Cindy Walsh for Governor of Maryland is filing suit in Federal Court because of violations to Federal Election laws carried in FCC and IRS organization requirements.


Below you see the FCC requirements for media coverage of elections.  It clearly states that media cannot ‘willfully’ disallow reasonable access to time given to other candidates in a race.  There is no expectation of equal time, but there is an expectation of reasonable access to those media vehicles and an expectation of accurate depictions of an election race to include a full list of candidates in a race :

Federal election laws are not only for Federal Elections ----they cover any candidate for public office.


Four Exemptions
In 1959, Congress amended the Communications Act after the FCC ruled that Chicago broadcasters had to give "equal time" to mayoral candidate Lar Daly; the incumbent mayor was then Richard Daley. In response, Congress created four exemptions to the equal time rule:

(1) regularly scheduled newscasts
(2) news interviews shows
(3) documentaries (unless the documentary is about a candidate)
(4) on-the-spot news events


Federal Communications Commission Rules (Title 47 Code of Federal Regulations)
Statutes and Rules on Candidate Appearances & Advertising

Relevant Sections of the Communications Act of 1934
Section 315 [47 U.S.C. §315] Facilities for candidates for public office.


(a)    If any licensee shall permit any person who is a legally qualified candidate for any public office to use a broadcasting station, he shall afford equal opportunities to all other such candidates for that office in the use of such broadcasting station: Provided, That such licensee shall have no power of censorship over the material broadcast under the provision of this section.  No obligation is hereby imposed under this subsection upon any licensee to allow the use of its station by any such candidate.  Appearance by a legally qualified candidate on any –

(1)    bona fide newscast,

(2)    bona fide news interview,

(3)    bona fide news documentary (if the appearance of the candidate is incidental to the presentation of the subject or subjects covered by the news documentary), or

(4)    on-the-spot coverage of bona fide news events (including but not limited to political conventions and activities incidental thereto), shall not be deemed to be use of a broadcasting station within the meaning of this subsection.



FCC Section 315 [47 U.S.C. §315] (1) (2) (3)  (4)  Nothing in the foregoing sentence shall be construed as relieving broadcasters, in connection with the presentation of newscasts, news interviews, news documentaries, and on-the-spot coverage of news events, from the obligation imposed upon them under this Act to operate in the public interest and to afford reasonable opportunity for the discussion of conflicting views of issues of public importance.
 

Below we see the FCC statute for 501c3 media entities participating in elections.  Again, it is clear that these media outlets will not oppose-----which complete exclusion as opposition-----any one candidate.  This was systemic in all 501c3 media in Maryland.


Section 399 [47 U.S.C. §399] Support of political candidates prohibited.

No noncommercial educational broadcasting station may support or oppose any candidate for public office.

Section 73.1940 [47 CFR §73.1940] Legally qualified candidates for public office.

(a) A legally qualified candidate for public office is any person who:

(1) has publicly announced his or her intention to run for nomination or office;

(2) is qualified under the applicable local, State or Federal law to hold the office for which he or she is a candidate; and

(3) has met the qualifications set forth in either paragraph (b), (c), (d), or (e) of this section.

(b) A person seeking election to any public office including that of President or Vice President of the United States, or nomination for any public office except that of President or Vice President, by means of a primary, general or special election, shall be considered a legally qualified candidate if, in addition to meeting the criteria set forth in paragraph (a) of this section, that person:

(1) has qualified for a place on the ballot; or

(2) has publicly committed himself or herself to seeking election by the write-in method and is eligible under applicable law to be voted for by sticker, by writing in his or her name on the ballot or by other method, and makes a substantial showing that he or she is a bona fide candidate for nomination or office.


(e) A person seeking nomination for the office of President or Vice President of the United States shall, for the purposes of the Communications Act and the rules thereunder, be considered a legally qualified candidate only in those States or territories (or the District of Columbia) in which, in addition to meeting the requirements set forth in paragraph (a) of this section:

(1) He or she, or proposed delegates on his or her behalf, have qualified for the primary or Presidential preference ballot in that State, territory or the District of Columbia; or

(2) He or she has made a substantial showing of a bona fide candidacy for such nomination in that State, territory or the District of Columbia; except, that any such person meeting the requirements set forth in paragraphs (a)(1) and (2) of this section in at least 10 States (or 9 and the District of Columbia) shall be considered a legally qualified candidate for nomination in all States, territories and the District of Columbia for purposes of this Act.

(f) The term "substantial showing" of a bona fide candidacy as used in paragraphs (b), (d) and (e) of this section means evidence that the person claiming to be a candidate has engaged to a substantial degree in activities commonly associated with political campaigning. Such activities normally would include making campaign speeches, distributing campaign literature, issuing press releases, maintaining a campaign committee, and establishing campaign headquarters (even though the headquarters in some instances might be the residence of the candidate or his or her campaign manager). Not all of the listed activities are necessarily required in each case to demonstrate a substantial showing, and there may be activities not listed herein which would contribute to such a showing.

[43 FR 32795, July 28, 1978, as amended at 43 FR 45856, Oct. 4, 1978; 43 FR 55769, Nov. 29, 1978; 45 FR 26066, Apr. 17, 1980; 45 FR 28141, Apr. 28, 1980; 57 FR 208, Jan. 3, 1992; 57 FR 27708, June 22, 1992]


Section 73.1941 [47 CFR §73.1941] Equal Opportunities.

(a) General requirements. Except as other-wise indicated in § 73.1944, no station licensee is required to permit the use of its facilities by any legally qualified candidate for public office, but if any licensee shall permit any such candidate to use its facilities, it shall afford equal opportunities to all other candidates for that office to use such facilities. Such licensee shall have no power of censorship over the material broadcast by any such candidate. Appearance by a legally qualified candidate on any:

(1) Bona fide newscast;

(2) Bona fide news interview;

(3) Bona fide news documentary (if the appearance of the candidate is incidental to the presentation of the subject or subjects covered by the news documentary); or

(4) On-the-spot coverage of bona fide news events (including, but not limited to political conventions and activities incidental thereto) shall not be deemed to be use of broadcasting station. (section 315(a) of the Communications Act.)

(b) Uses. As used in this section and § 73.1942, the term "use" means a candidate appearance (including by voice or picture) that is not exempt under paragraphs 73.1941 (a)(1) through (a)(4) of this section.

(c) Timing of request. A request for equal opportunities must be submitted to the licensee within 1 week of the day on which the first prior use giving rise to the right of equal opportunities occurred: Provided, however, That where the person was not a candidate at the time of such first prior use, he or she shall submit his or her request within 1 week of the first subsequent use after he or she has become a legally qualified candidate for the office in question.

(d) Burden of proof. A candidate requesting equal opportunities of the licensee or complaining of noncompliance to the Commission shall have the burden of proving that he or she and his or her opponent are legally qualified candidates for the same public office.

(e) Discrimination between candidates. In making time available to candidates for public office, no licensee shall make any discrimination between candidates in practices, regulations, facilities, or services for or in connection with the service rendered pursuant to this part, or make or give any preference to any candidate for public office or subject any such candidate to any prejudice or disadvantage; nor shall any licensee make any contract or other agreement which shall have the effect of permitting any legally qualified candidate for any public office to broadcast to the exclusion of other legally qualified candidates for the same public office.


 

FCC Section 315 [47 U.S.C. §315] (1) (2) (3)  (4)  Nothing in the foregoing sentence shall be construed as relieving broadcasters, in connection with the presentation of newscasts, news interviews, news documentaries, and on-the-spot coverage of news events, from the obligation imposed upon them under this Act to operate in the public interest and to afford reasonable opportunity for the discussion of conflicting views of issues of public importance.





18 U.S. Code § 1001  (a) (2) (3) False statements of fact

 (a) Except as otherwise provided in this section, whoever, in any matter within the jurisdiction of the executive, legislative, or judicial branch of the Government of the United States, knowingly and willfully—

(1) falsifies, conceals, or covers up by any trick, scheme, or device a material fact;

(2) makes any materially false, fictitious, or fraudulent statement or representation; or

(3) makes or uses any false writing or document knowing the same to contain any materially false, fictitious, or fraudulent statement or entry;

shall be fined under this title, imprisoned not more than 5 years

 

·         Defamation per se


[57 FR 208, Jan. 3, 1992; 59 FR 14568, March 29, 1994]

 

Damages Awarded for Defamation in Maryland Among the damages for defamation in Maryland include:

  • actual damages
  • punitive damages
  • other damages awarded by the court
 

Punitive Damages in Maryland: Reconciling Federal Law, State Law, and the Pattern Jury Instructions

·        


·         Stephen J. Shapiro

·        
University of Baltimore - School of Law

Fall 2007

University of Baltimore Law Forum, Vol. 38, No. 1, pp. 27-53, Fall 2007

·        
Abstract:     

·         Starting in the early 1990's, both the United States Supreme Court and the Court of Appeals of Maryland addressed the issue of jury discretion in awarding punitive damages. The two courts addressed the perceived problem in two different ways. The United States Supreme Court focused their attention mainly on the excessive amount of such awards. It held that the Due Process Clause regulates both the procedures used in awarding punitive damages and the amounts of such awards. The Court required that juries be given sufficient instructions to enable them to make awards based on the purpose of punitive damages, and required state trial judges and appellate courts to reduce the amount of such awards if they were “grossly excessive.” The Court provided state judges with guideposts for determining the appropriate amount of punitive damage awards and required that the amounts be proportionate to the amount of compensatory damages.

The Court of Appeals of Maryland focused its attention instead on the proof required for a jury to make a punitive damages award in the first place. It held that punitive damage awards could only be made if the defendant's conduct rose to the level of actual malice (evil motive or intent to do harm, or knowing that its actions would be harmful) and not just implied malice (gross negligence, recklessness, or should have known of the harm). In addition, the Court of Appeals of Maryland held that juries should be instructed that they must find that actual malice had been proved by “clear and convincing evidence,” and not just a preponderance of the evidence.

This article will suggest several changes to Maryland law and the Maryland Civil Pattern Jury Instructions, so that the instructions more accurately reflect Maryland law, and that Maryland law complies with the Due Process Clause. The proposed changes include:
• providing a clearer standard in the instructions for when punitive damages should be awarded;
• clarifying that the “clear and convincing” standard applies only to the finding of “actual malice” and not to the broader question of whether and in what amount to award punitive damages;
• changing the law, the procedure and the jury instructions relating to whether and when a jury may consider evidence of the defendant's financial condition in calculating the amount of a punitive damage award; and
• providing more guidance to juries as to the appropriate amount of punitive damage awards.

·         Number of Pages in PDF File: 28

·         Keywords: punitive damages, jury discretion, Supreme Court, Court of Appeals of Maryland, Maryland Civil Pattern Jury Instructions, compensatory damages, Due Process Clause

·         JEL Classification: K13, K49

·         Accepted Paper Series



·         Download This Paper

·         Date posted: June 24, 2009  

·         Suggested Citation

·         Shapiro, Stephen J., Punitive Damages in Maryland: Reconciling Federal Law, State Law, and the Pattern Jury Instructions (Fall 2007). University of Baltimore Law Forum, Vol. 38, No. 1, pp. 27-53, Fall 2007. Available at SSRN: http://ssrn.com/abstract=1425083

Punitive damages in Rockville, Maryland usually cannot exceed 10 times the amount of actual damages suffered by the plaintiff. However, this is just a guideline, and not a strict rule. Courts in Maryland have found larger punitive damage awards to be perfectly valid, and smaller ones to be invalid. This will be highly dependent on the facts of each case.
0 Comments

July 10th, 2014

7/10/2014

0 Comments

 
IT IS WOMEN AND CHILDREN THAT MAKE UP THE BULK OF FAMILIES FACING THE DISMANTLING OF OUR DEMOCRACY AND PUBLIC PROGRAMS AND SERVICES.  IT IS NEO-LIBERAL POLITICIANS WORKING WITH NEO-CONS DOING IT!

I want to continue one more day on private non-profits and commissions and health care in Maryland.  Remember, large sectors of Marylanders are not accessing health care----having a longevity 30 years less than affluent communities shows this.  Having the worse VA system in the nation shows this. The clinic care system built to keep Marylanders out of hospitals offer almost no access to basic medical procedures.

IT IS A DISASTER AND IT IS BECAUSE PEOPLE HAVING NO MORALITY OR ETHICS ARE CREATING THESE POLICIES ONLY AIMED AT MAKING A FEW EVER MORE RICH.

The average citizen working for these organizations are not bad people----they just want jobs.  Each time you create a private non-profit or commission for health care you have eliminated the public sector employees that would do that job.  You eliminate the public's ability to see what is happening and the accountability tasked to our government to serve and protect. 

DO YOU HEAR YOUR POLITICIANS SHOUTING THIS?  IF NOT, THEY ARE NEO-LIBERALS WORKING FOR WEALTH AND PROFIT AND NOT YOU AND I!


Yesterday we saw the commissions filled with the health executives writing the law and regulating themselves.  Let's look at the front lines where the health care is delivered----or, in Maryland, not delivered.  This is where the fraud and corruption fills the system.  Again, it is not the average staff doing this---they are being told to do this.  I spoke at length about the dismantling of the VA to private non-profits and showed they were receiving the money and doing nothing.  Medicaid and Medicare is handled just the same.  Remember, in Maryland Medicaid and Medicare is handled the same as private insurance so none of the requirements of coverage or accountability have occurred for a few decades.  Billions of dollars are lost as fewer Medicare patients enter the hospital but Medicare bills per patient climb.....THAT IS FRAUD CAUSING THOSE BILLS TO CLIMB.


Below you see the private non-profit that took over yet another duty of public health and it has been at it for 15 years---the very years that gave Baltimore the 30 year longevity difference.  If you look today health access has never been worse so we know this organization is not doing its job!  Remember, the people affected are not only black and brown or unemployed and impoverished or working poor.  Middle-class families with expenses that take money that would go for health care are included in these stats. 

DO NOT ALLOW PREJUDICE OF CLASS OR RACE SKEW YOUR THOUGHTS ON HEALTH ACCESS----THIS AFFECTS EVERYONE.


Our Organization Enroll In Benefits

HealthCare Access Maryland (HCAM)

is a nonprofit agency that plays a critical role in strengthening Maryland’s health care delivery system. Working with both government and private-sector support, HCAM helps residents enroll in public health care coverage, navigate the complex health care system and connect to educational and other resources.

HCAM was established in 1997 as Baltimore HealthCare Access to initially assist with the Medicaid transition to managed care. What began as a small organization with 40 employees, a $3 million budget and two core grants has grown steadily.

  • Funding has grown to $23 million and the agency has earned more than 30 major grants, including a $7.9 million grant from the Maryland Health Benefit Exchange (MHBE) as part of the State’s efforts to implement health care reform in Maryland and help uninsured residents gain access to affordable health care.
  • The number of programs offered has grown from the original two to 19, allowing HCAM’s 200 employees to help connect over 125,000 clients each year to health insurance and care and to vital community resources through a variety of programs serving the uninsured, under-insured and vulnerable populations of the state.
As a 501(C)3 not-for-profit organization, HCAM is overseen by a committed board of directors and supported by public and private sector grants, as well as corporate and individual donations. This unique funding allows us to provide a variety of specialized services for the residents of Maryland in four areas of expertise:

  • Eligibility and enrollment
  • Navigation of the health care system
  • Care coordination
  • Education and advocacy
HCAM’s expertise in these areas led the agency to broaden its reach and help provide services to people throughout the state. To signify this expanded focus, the organization changed its name in 2011 from Baltimore HealthCare Access to HealthCare Access Maryland.

The agency’s ability to help people live healthier lives has been recognized by others in our field. The agency is the proud recipient of Maryland Nonprofits’ Seal of Excellence, a designation that recognizes HCAM’s reputation for delivering high-quality programs and services in a fiscally responsible way.

Although HCAM specializes in health care access, we continue to serve the needs of our clients beyond just helping them obtain an insurance card. We serve children, pregnant women, parents, childless adults and youth in foster care, as well as those with addiction issues, immigrants, individuals recently released from jail and the homeless.

HCAM’s work to implement health care reform in Maryland

Throughout its 15-year history, HCAM has become a critical player in strengthening Maryland’s health care delivery system, earning a spot as a public health leader in the state and working with policymakers, nonprofit organizations and elected officials on innovative approaches to improving the health of all Marylanders.

In the Spring of 2013, HealthCare Access Maryland (HCAM) received a $7.9 million grant from the Maryland Health Benefit Exchange (MHBE) as part of the State’s consumer assistance program to implement the Affordable Care Act and help uninsured residents learn about, apply for and enroll in health insurance. HCAM was selected as the State’s Central Region Connector, serving Baltimore City, Baltimore County and Anne Arundel County.

As the Central Region Connector, HCAM will organize services across the region and has partnered with 17 organizations to provide outreach, education and eligibility determinations and to facilitate enrollment of the nearly 217,000 uninsured residents in the region into Medicaid, the Maryland Children’s Health Program (MCHP) and subsidized and non-subsidized qualified health plans.


__________________________________________

Baltimore is ground zero for Medicaid and Medicare spending and as we know the money is not getting to the people.  Johns Hopkins and University of Maryland Medical Center are handling many of these groups so that is where you start your search.  Since Johns Hopkins has captured all public policy and creates all the private non-profits that are then funded to work in these low-income communities----that is who is charged with overseeing this distribution only THERE IS NO OVERSIGHT!  THERE IS THE PROBLEM.  If we had a public health department filled with employees whose job it is dispensing money and providing oversight and reporting to the citizens of Baltimore----this would not be happening.

If you have followed me these few years you know I do not like Sharfstein and Barbot.  They were appointed to dismantle all public health and build more of these private non-profits and

THEY HAVE BEEN VERY BUSY!  NO WONDER SHARFSTEIN COULDN'T ROLL OUT THE STATE HEALTH EXCHANGE----HE'S TOO BUSY MAKING SURE MARYLAND HAS NO PUBLIC HEALTH.  Slander you say----no, all you have to do is look at who is doing the work of public health and you see nothing but private non-profits.  The people supposedly served all complaining they cannot access care.
  The money is flowing but not where its supposed to------

DID YOU KNOW THAT JOHNS HOPKINS BUILT A GLOBAL CORPORATE EMPIRE THESE FEW DECADES THAT MEDICARE AND MEDICAID FRAUD WAS THE WORSE-----just saying there's likely a link!


This should anger everyone as this looted Medicare Trust is now being addressed by limiting more access to most people....you and I!



Tuesday, May 10, 2011

Healthy Baltimore 2015 Last month, the Robert Wood Johnson Foundation issued the second annual County Health Rankings. As it did last year, Baltimore City ranked last in the state. 

One statistic in particular stuck out: 14,887. That’s the number of years of potential life lost before the age of 75.  Put simply, far too many Baltimore City residents are dying before their time.
Statistics like these give great urgency to the work we do to improve the health of our city, our neighborhoods and our residents.  It also makes clear that traditional medical or public health approaches aren’t working and it’s time to try something different.
That conversation starts today with the release of Healthy Baltimore 2015.
This comprehensive health policy agenda highlights 10 priority areas that account for the greatest morbidity and mortality in Baltimore.  These areas were chosen because there are evidence-based interventions proven to make a difference.  The plan looks at the relevance of where we live, work and play on health outcomes, as oftentimes they play as significant a role in making us sick as they do in keeping us healthy.
The city has set ambitious, yet reachable, improvement goals for the following priority areas:
1. Promote access to quality health care for all. 
2. Be tobacco free. 
3. Redesign Communities to Prevent Obesity.
4. Promote Heart Health.
5. Stop the spread of HIV and other STIs. 
6. Recognize and Treat Mental Health Disorders. 
7. Reduce Drug Use and Alcohol Abuse.
8. Encourage early detection of cancer.
9. Promote Healthy Children and Adolescents.   
10. Create Health Promoting Neighborhoods. 


For more information on the specific indicators we will use to measure progress in these areas, please view the full Healthy Baltimore 2015 report.
As you can see, there is much work to be done. Healthy Baltimore 2015 makes clear that we all play a role in improving the health of our city.
Over the course of the next several weeks to months, we will work with partners throughout the city to flesh out a 3-pronged approach to moving the needle for each of the leading indicators, including policy development; prevention, quality, and access; and community engagement.  Later this spring, senior leaders within the department will visit communities around the city to share this plan and the updated neighborhood health profiles.  We hope communities will put this information to use in designing new strategies and interventions for tackling the top priorities they identify for creating health promoting environments.
Let me be clear: the health department alone cannot successfully execute Healthy Baltimore 2015.  We welcome all motivated neighborhood leaders, individual citizens, aca­demic institutions, community-based organizations, business owners and the media to join us in this effort as partners in health. 
Partners can contribute to the success of Healthy Baltimore 2015 in many ways. These varying levels of engagement include, but are not limited to:
  • Communication – displaying or distributing health information materials within each of the ten priority areas.
  • Facilitation – actively participating in interventions such as incorporating wellness at work programs into the business day.
  • Integration – actively considering the potential health impacts of pending business or policy decisions.
To become a partner, please email me at health.commissioner@baltimorecity.gov. Together, we can reshape the landscape to make Baltimore City a place where all residents realize their full health potential.  Posted by Oxiris Barbot, M.D. at 8:37 AM

_________________________________________

Using Maryland for the divide between wealthier counties and poor counties we need to be clear-----while the poorest were excluded from accessing health in Maryland these last decades it is now coming higher up the economic scale....The Affordable Care Act is designed to make preventative care the only care 80% of Americans can afford and percentage is rising soon to 90%.  We will see with these forced re-negotiations of corporate and public sector health benefits that the middle-class will now be the ones forced out of care because they cannot afford co-pays and deductibles or once they pay the health insurance premiums they have no money for the health care itself.  THAT IS THE GOAL....

IT'S LIKE AUTO INSURANCE....YOU PAY AND PAY FOR COVERAGE AND IF YOU USE IT, THEY HIKE YOUR RATES OR CANCEL YOUR POLICY.

That is what is coming.  Below you see the other factor that will keep most people out of basic medical care----the need for a primary care doctor to access specialists and their care.  Activists have tried for decades to have medical school training be made free.  Get rid of the medical grads high tuition debt and you get lots of people in doctoring less motivated to earn $500,000 or more.  THIS ONE POLICY HAS CREATED THIS SHORTAGE AND AGAIN---IT IS DONE DELIBERATELY.  If corporations and the rich are paying no taxes and receive all revenue that is collected as corporate subsidy----where does all that free money for medical schools come from?  No, say corporations its better to simply exclude most people from health care access to maximize corporate profits.

FREE MEDICAL SCHOOL PAID FOR BY SIMPLY RECOVERING TRILLIONS OF DOLLARS IN HEALTH INDUSTRY FRAUD AND STOPPING IT IN THE FUTURE FLOODS THE MARKET WITH PRIMARY CARE DOCTORS.


But then say health corporations we cannot pretend to need to bring third world doctors to the US that are used to high levels of fraud and corruption and not bothering with the Hippocratic Oath and HIPAA regulations and who have no rights as citizens so as to be exploited by these growing US  global health systems!

What is being said here is nothing new----we have been shouting it for decades----they simply are pretending they are working on this solution as they dismantle all the avenues to address this.

Primary care access a key to health disparities among counties ■ An annual ranking of counties based on health status found that gaps between the healthiest and unhealthiest regions of states are wide — and getting wider.

By Jennifer Lubell — Posted April 1, 2013 AMED NEWS.com

Washington If you're a resident of Howard County, Md., chances are fairly high that you have insurance, enjoy good health and have relatively easy access to a primary care physician. Take a short car ride to Baltimore, however, and the situation for residents is much more grim.

In Howard County, ranked as Maryland's healthiest in the most recent County Health Rankings and Roadmaps survey, only 9% of residents are uninsured, and just 8% are considered in poor health. There's one primary care physician for every 577 patients. In Baltimore City, the unhealthiest county in the state, the uninsured rate is nearly twice as high, and there's only one primary care doctor for every 985 patients — a combination that means a significant access-to-care problem.

The comparison underscores a key finding in the 2013 survey: Gaps between the healthiest and unhealthiest counties in individual states are large and continue to grow. The survey highlighted the fact that residents in the healthiest counties are 1.4 times more likely to have access to a primary care physician than those in the least healthy counties. Unhealthy areas also had higher rates when it came to a host of other negative indicators of overall health, including child poverty, teen pregnancy and premature death.

This is the fourth year that the Robert Wood Johnson Foundation and the University of Wisconsin School of Medicine and Public Health have surveyed the health of every county in the U.S., ranking them on a state-by-state basis to gauge the factors determining the health of residents. All survey measures use figures or percentages that take population into account so that a county such as Howard, with a population of less than 300,000, can be compared with Baltimore City's population of more than 600,000.

The rankings are set up so that every state has a healthiest and unhealthiest county despite the overall health of the state. But health outcomes can vary widely within a state, said Patrick Remington, MD, MPH, professor and associate dean at the University of Wisconsin School of Medicine and Public Health, during a teleconference to discuss the 2013 rankings. Louisiana and Mississippi are two states that often rank last in the nation on overall health. But when researchers dig into each state, they find as much variability among individual counties in Louisiana and Mississippi as they do in Vermont, a state that ranks relatively high nationally on patient health outcomes, he said.

Competition drives improvement Dr. Remington said promoting the results of county rankings has made a difference, “sparking action all over the country as people from all sectors join forces to create new possibilities in health — county by county.”

One of those areas is New Orleans, which has been trying to rebuild its infrastructure after Hurricane Katrina in 2005, said Karen B. DeSalvo, MD, New Orleans health commissioner and senior health policy adviser to the city's mayor. Orleans Parish typically has ranked in the 60-62 range in a state that has 64 counties, Dr. DeSalvo said. “So we've been at the bottom of the pack in one of the more unhealthy states in the country. What we're excited about this year is we've jumped up to number 48, so that's a big leap.”

In addition to overhauling its education system and making improvements to parks and playgrounds, the city has spent seven years on an initiative to develop its primary care infrastructure.

“We had essentially no neighborhood-based primary care before Katrina. People were reliant upon hospital-based services, especially those who were uninsured and underinsured,” Dr. DeSalvo said.

Since then, the city has responded by working with 25 organizations, ranging from small clinics to large hospital systems, to build access to primary care and outpatient mental care, with a particular focus on patient-centered medical homes and health information technology. The initiative has received financial support from philanthropic sources as well as some federal demonstration program funding to expand access to primary care rapidly. “This is a true public-private partnership,” she said.

Dr. DeSalvo said the renewed focus on building strong primary and preventive care at the neighborhood level probably has reduced unnecessary hospitalizations and led to improvements in screening rates for such conditions as diabetes and breast cancer.

Improving patient-reported measures and clinical outcomes is one of the strategic goals recently adopted by the American Medical Association. The AMA is focusing on promoting quality and safety, reducing unwarranted variation in care, and fostering appropriate use of limited health care resources.

Other factors leading to poor health The fact that fewer physicians and dentists practice in certain communities obviously contributes to poorer health in those areas, said Bridget B. Catlin, PhD. She's a senior scientist at the University of Wisconsin Population Health Institute and director of the County Health Rankings and Roadmaps survey. But, as she and other health care observers pointed out, lack of access is just one of many problems that go hand in hand with poor health among residents. In addition to measuring clinical care outcomes, the survey analyzes health behaviors, social and economic statistics, morbidity, and such physical environment elements as air and water quality.

“Other key factors that influence the health of a community are education, employment, income, and whether people smoke or have access to healthy foods and places to exercise. Some of these factors probably also influence physicians' decisions about where to practice,” Catlin said. “In particular, there is a widespread need for health care providers in rural areas.”

At least in Maryland, the health gap between the highest- and lowest-ranking counties largely comes down to socioeconomic conditions, said Brian Avin, MD, a neurologist and the president of MedChi, the Maryland State Medical Society. Howard County, a suburb of Washington, is one of the most affluent areas of the nation, “so whatever social factors you want to create, Howard is going to be the highest and Baltimore City is going to be the lowest,” he said. There's much more poverty and unemployment in Baltimore, as well as more people on Medicaid or going without insurance, generating more uncompensated care cases. “Obesity, smoking, any individual feature you're going to look at is going to be worse when you're not getting basic care.”

Howard County also has been trying to get all of its population insured, whereas no such strategic initiative exists in Baltimore City, Dr. Avin said.
___________________________________________


Baltimore has a policy of replacing school athletic courts and community center athletic courts with 'greening' development moving all of this to private non-profits like YMCA located too far for most to reach.  I literally had to fight for an athletic court for an elementary school of 300 students----Johns Hopkins Homewood wanted to make it a park. Parks and playgrounds across the city have been neglected as the city dismantled its Parks department and handed the funding to a private non-profit.  So school grounds have grass up to your knees, broken glass all because the city does not collect revenue from corporations and the rich and any that is collected go to projects connected to the same.   Baltimore City schools often have no recess and most schools have no athletic teams.  The tiered funding leaving these low-income schools run as businesses make it impossible to address these disparities so NOTHING is being done to actually address health issues ------they simply say they are doing so.

Private wellness non-profits are going into poor neighborhoods telling people to eat better and scolding when people explain that living in poverty places survival over preparing a good meal or even having a living space that allows it.  So, we are seeing these national private non-profits coming in to talk the talk of better health to communities now being kept from accessing any health care but preventative care.


There are some good programs-----Food stamps being used at Farmers Markets is a good thing.  If you are creating an environment of deeper and wider poverty as neo-liberals and neo-cons are doing today----none of this will end in data having better results and THEY KNOW THIS.

EXPANDED AND IMPROVED MEDICARE FOR ALL SIMPLY ALLOWS EVERYONE TO GET ALL THE CARE THEY NEED AND THAT IS THE BEST PREVENTATIVE MEDICINE AND YOU PAY FOR IT BY ENDING HEALTH INDUSTRY FRAUD AND PROFITEERING.


Below you see the vestige of a city no caring for families and with that goes health.  Day care is where children receive healthy exposure and access is critical to a family working and having low-incomes.  So, if you do not provide a system of day care-----and you are closing and defunding parks and playgrounds-----YOU DO NOT CARE ABOUT WELLNESS.
None of this information is new and Johns Hopkins is behind the redirecting of money and the lack of oversight and accountability and is the one charged now with the most responsibility in these Maryland health care reforms....THE OPPOSITE OF WHAT IS NEEDED FOR REAL CHANGE.


Below you see middle-class families saying OMG!!!!!  and it is all centered on the corporations/ rich taking all the revenue through fraud and corruption in the City of Baltimore and this expands across the State of Maryland.

Day care shortage frustrates parents in Baltimore.  Costs can top tuition at University of Maryland, College Park

The Children's Choice Learning Center, housed in the… (Karen Jackson, BALTIMORE…)July 14, 2013|By Tricia Bishop, The Baltimore Sun

In five months, the downtown Baltimore day care attended by Celine Plachez's youngest son is slated to close, yet she's not looking for a backup. She can't stomach it.

She searched before he was born, calling about a dozen places, some of which said they wouldn't have an opening in the foreseeable future. Others were so expensive, they cost more than tuition at the University of Maryland, College Park. And a handful were just plain unacceptable in terms of quality.

So she's devoting her energy to finding a way to keep open the Children's Choice Learning Center, housed in the Social Security Administration building on North Greene Street.

"Call me crazy — I refuse to look. I want to fight," said Plachez, a scientist who lives in Federal Hill. "We can make it happen. It's not impossible, it's not unrealistic."

Plachez's response to the center's planned closure highlights a frustrating reality: At a time when the city is trying to attract and retain families — and more women work than ever before — there's a lack of high-quality, affordable, regulated child care in Baltimore.

The shortage is particularly pronounced for children younger than 2, like Plachez's son, who require a higher, 3-1 ratio of children to staff under state law, making their care cost-prohibitive for many facilities.

For some who live or work in the city, the situation has significant consequences.

Rachel Winer Sticklin of Canton is postponing having a second child until the first is out of day care because her family can't afford to pay for two at once.

Judy O'Brien of Otterbein started looking for a spot two years before her newborn needs it, knowing she faced long waiting lists at many places.

And Jana Gauvey of Federal Hill brings her kids to Baltimore County, where she works in marketing, for their care.

"There weren't that many options close to our home," Gauvey said.

Others, particularly those with low incomes, are putting their kids in informal, unregulated city settings — often in the homes of neighbors operating babysitting businesses — in the hope that the financial savings won't equate to inadequate care.

Not enough spaces

Roughly 13,300 Baltimore children younger than 2 have mothers who work, and many of them need some kind of child care, from relatives, hired sitters or centers, according to a Baltimore Sun analysis of state data. Licensed facilities can accommodate at most 20 percent of them.

The surrounding counties face a similar issue, though only Anne Arundel County's case is as severe. In Howard County, for example, licensed facilities can handle up to 35 percent of the children under 2 who might need care; in Baltimore County up to 27 percent can be accommodated.

The quality of care is also thought to be less variable in the counties. A greater percentage of children enter kindergarten fully prepared in the counties than in Baltimore.

"In most cities, there is always a shortage of infant and toddler care, mainly because it's expensive to do it right," and Baltimore is no exception, said David W. Andrews, dean of the Johns Hopkins University School of Education. "The ratios of adults to children [here] just don't make it a very profitable scenario unless you're able to charge upward of 17, 18, 19 thousand per kid."

There are also a "number of consequences associated with" doing it wrong, Andrews said.

Studies increasingly show that the early years are crucial to a person's development. Ninety percent of brain growth happens before age 5, and the first three years of life are particularly important. Young children and infants are primed for learning, educators said, and their environment has a lasting impact.

Studies show that while parents have a strong influence on young children, day care effects can linger. Children in the highest-quality programs — where kids feel comfortable, stimulated and cared for by a stable staff — do the best years later in terms of social and academic development, and even health and economic prospects. Those who receive poor care are more likely to wind up in the criminal justice system, act out or drop out of school.

Yet early childhood education in the United States receives the least public investment of any schooling, leaving parents to bear much of the financial burden.

The average cost of full-time infant care at a Baltimore center, as opposed to a home-based site, is about $11,560, according to data from the Maryland Family Network, a private nonprofit that advocates for children and families.

That figure, which factors in the highest- and lowest-quality care options, is 40 percent higher than the average cost of tuition and fees at a state university — $8,220 in 2012. And it's roughly 30 percent of the median household income in the city before taxes.

"It's a real struggle for most parents," said Steve Rohde, the network's deputy director of child care resource and referral services.

____________________________________________
This article shows the mechanism that creates all this disparity and dysfunction.  A Baltimore global corporation headquartered in the Enterprise Zones that allow corporations to pay no taxes starve Baltimore's coffers for a few decades causing all of the crumbling of infrastructure and closing of facilities geared towards keeping citizens healthy.  All money is directed to boosting profits for this global corporation that adds almost nothing to the economy of Baltimore. 

IT IS A HUGE SUCKING MACHINE AND CORPORATE SUBSIDY IS ITS BEST ACHIEVEMENT.

So, here we have our Baltimore media giving this global corporation recognition for 'donating' a playground so it can write the costs of donation from any taxes that might be left to pay again starving government coffers.  Rather than consistently paying taxes so general funds can be distributed equitably across the city-----we have corporation simply selecting where they want their tax deduction to go.


THIS IS JOHNS HOPKINS DRIVING THESE POLICIES AND HOPKINS IS NEO-CONSERVATIVE WORKING FOR GLOBAL CORPORATE WEALTH WITH POLITICIANS RUNNING AS DEMOCRATS CREATING ALL THESE POLICIES.

The point is this-----the structures in place that have the public sector dismantled and complete control of policy given to corporations will never end with health policy that does what they say it will do.  They will simply create private non-profits that for the most part pretend to be doing something.  Remember, more and more people are falling into this abyss so we need the middle-class to WAKE UP and care about where these policies lead.

The taxes this corporation should have paid for a decade or so would have built dozens of playgrounds across the city.

If city employees were being paid to build this playground they could afford to live more healthily!

press release

June 10, 2014, 7:13 p.m. EDT

Baltimore-Based Global Education Company Builds New Playground for Local School

BALTIMORE, June 10, 2014 /PRNewswire/ -- Laureate Education, Inc., the world's largest higher education network, today built and donated a playground at The Historic Samuel Coleridge-Taylor Elementary School in Baltimore. Nearly 300 of Laureate's most senior executives from around the world came to Baltimore to build the playground. Laureate, formerly known as Sylvan Learning Systems, relocated its global headquarters to Baltimore in 1996, the first company to do so in more than twenty years. Laureate was the first company in the Harbor East neighborhood, a key part of Baltimore's federally designated empowerment zone. In the 18 years since moving to Baltimore, the company has grown from employing 300 people at the headquarters to more than 2,700.

More than 100 local volunteers joined Laureate executives and students to build the playground, in partnership with KaBOOM!. The playground will be accessible to nearby residents.

"It's a great honor to give back to the community that has given me -- and Laureate Education -- so much," said Douglas L. Becker, Laureate's founder, chief executive officer, and a Baltimore native. "We are committed to doing work that is here for good in every community in which we operate."

"The Historic Samuel Coleridge-Taylor Elementary School really is the center of this community and this new playground will help foster that sense of community that we cherish," said the school's principal, Dr. Harold A. Barber.

"Congratulations to Baltimore's own Doug Becker and Laureate Education on their 15th anniversary," said Mayor Stephanie Rawlings-Blake. "I'm so grateful that this Baltimore-based global company continues to invest in the local community in ways that benefit the people of this great city. The students of the historic Samuel-Coleridge Taylor Elementary School and members of the neighboring community will truly enjoy the new playground more than you will ever know. Thank you."
















0 Comments

July 08th, 2014

7/8/2014

0 Comments

 
CORPORATIONS ARE USING PRIVATE NON-PROFITS TO CONTROL PUBLIC POLICY.  THEY CAPTURE AN ISSUE AND PROMOTE POLICY THAT WORKS TO THE ADVANTAGE OF CORPORATIONS.  IN MARYLAND THE PUBLIC SECTOR HAS BEEN DISMANTLED AND IS REPLACED BY THESE PRIVATE NON-PROFITS.  IT IS WHY THERE IS NO PUBLIC VOICE OR CONTROL OF POLICY IN MARYLAND.  A DEMOCRAT WOULD NOT ALLOW THIS TO HAPPEN....NE0-LIBERALS AND NEO-CONS ARE DOING THIS!


I have spoken about Maryland's capture of politics centered in the movement away from a strong public sector which has been replaced by private non-profits controlled by corporations that simply place someone as head of the organization that makes sure public policy goes the way the corporations want.  In Maryland we have AGAB serving that goal.  Johns Hopkins creates and controls most non-profits in Baltimore and in doing so captures all public policy.  What we see less of in Maryland and Baltimore are real citizens coming out and organizing and controlling their own non-profits.  My non-profit, Citizens Oversight Maryland speaks freely because there is no corporate connection.  If you see a non-profit that is silent on all of the issues I address here-----they are being controlled by a corporation.  We have great groups doing good work in Baltimore but very few of them will shout against the power structures -----Johns Hopkins and Baltimore Development or identify the fact that all of Baltimore's politicians work for these institutions and not the citizens of Baltimore.  I told you about the anti-fracking environmental group that ran when I asked them to educate about Trans Pacific Trade Pact and the fact that it allows all environmental laws to be ignored.  Now, if an environmental non-profit is not talking about this----it is headed by a corporation.  This is why TPP is not even mentioned in Maryland.....corporations control all of our private non-profits.

PLEASE WAKE UP AND ENGAGE IN POLITICS FOLKS!  THE MIDDLE CLASS CANNOT WATCH AS THE POOR ARE BRUTALIZED BECAUSE WE KNOW THE GOAL OF NEO-LIBERALISM IS TO GET RID OF ALL MIDDLE-CLASS.  YOU OR YOUR CHILDREN/GRANDCHILDREN WILL BE THE POOR.  YOU CANNOT BE SILENT FOR FEAR OF YOUR JOB BECAUSE LOSING DEMOCRACY AND YOUR RIGHTS AS CITIZENS IS MORE IMPORTANT.


Maryland and especially Baltimore is now running just a global corporations do overseas----Non-governmental organizations NGOs control our state and local governments as a 'quasi-governmental agency' and corporations 'donate' rather than pay taxes to private non-profits that then do what that 'donor' wants.  No doubt national non-profits have always been this way but now they are controlling all policy at state and local levels as well.  This is the capture we are feeling in Maryland.  The neo-liberals and neo-cons work to establish these private non-profits and then make sure that these groups are the ones heard in policy discussion.  This is why many community associations in Baltimore are silent to politicians pushing neo-conservative/neo-liberal policies that are killing the residents living in these communities.  They instead are the ones backing these same pols dismantling our democratic structures.  The heads of these organizations sound to be supporting the community when in fact they are working to push corporate policy.

As you see below you must have politicians in office that want the public engaged in public policy.  They build the structures to make sure to stimulate participation.  In Maryland all policy is written behind closed doors and the public is pulled from public meetings if they try to speak on the most important issues.  Go to Baltimore City Hall and you look at pols that are simply sitting there----they are no more connected to the people speaking than a man on the moon.  They are simply meeting a charter requirement to have hearings.

IT IS THE DISMANTLING OF ALL OF THE PUBLIC STRUCTURES OF CIVIC ENGAGEMENT THAT HAS PRODUCED THE LACK OF PARTICIPATION AND IT HAS BEEN REPLACED BY THESE PRIVATE NON-PROFITS.



The Citizens Most Vocal in Local Government

View detailed demographic data from a national survey about the most and least likely people to speak up. by Mike Maciag | July 2014 Flickr/Kelby Carr


In his first few months in office, Park City, Utah, Mayor Jack Thomas has heard from quite a few constituents. His office phone rings off the hook. Going out for lunch takes about twice as long as before, too, as he constantly fields concerns from residents who walk up. “If you want a quiet moment,” he jokes, “you’ve got to leave town.”

The small resort community is home to some of the nation’s more vocal residents. In a recent survey, 28 percent of city residents reported contacting elected officials to express their opinions and 37 percent said they had attended a local public meeting over a 12-month period.

Nationwide, though, citizen participation in local government remains abysmally low. The National Research Center (NRC), a firm that conducts citizen surveys for more than 200 communities, compiled data for Governing shedding light on the types of residents who are most active. Overall, only 19 percent of Americans recently surveyed contacted their local elected officials over a 12-month period, while about a quarter reported attending a public meeting.

In many city halls, extremists on either side of an issue dominate public hearings. Those who do show up at the sparsely attended meetings are often the same cast of characters week after week. But some public officials have found ways to reach a much wider segment of residents.

Park City’s Mayor Thomas said he’ll go door-to-door along the town’s main corridor to gauge resident sentiment about everything from new development projects to air quality and garbage pickup. “If you want to have a government that’s rooted in the community, you better start that way,” Thomas said. “It’s all about trust.”

NRC survey data identifies types of residents who are the most active or, in some cases, the least vocal. Individuals living in a community for more than 10 years, for example, are about three times more likely to attend public meetings and contact elected officials than new residents. Among racial groups, Asians tend to have the lowest participation rates. Low-income residents also aren’t as active as those earning six-figure incomes.

In general, residents often aren’t compelled to weigh in on an issue unless it negatively affects them, said Cheryl Hilvert of the International City/County Management Association. It’s for this reason that much of the citizen engagement in communities is confined to typical hot-button issues, such as planning and zoning meetings.

Many residents don’t think they have time to participate. Others, particularly newer residents with lower participation rates, may not know where or how to get involved, Hilvert said.

Survey data further suggests that younger residents aren’t inclined to speak up. Those under the age of 35 attend meetings and contact elected officials at far lower rates than those over 35. Hilvert suspects their busy lifestyles may have something to do with it, especially if they have children.

Connecting with these groups of residents requires stepping outside of city hall and meeting residents on their own turf. Park City officials say they’ve held meetings in school lunch rooms, performing arts centers and with local homeowners’ associations.

“To truly engage the community,” Hilvert said, “managers have to think broader about it than in the past.”

Some localities employ unconventional approaches to raise the level of citizen engagement. When the city of Rancho Cordova, Calif., debated permitting more residents to raise chickens on their properties last year, it launched an online Open Town Hall. More than 500 residents visited the interactive forum to make or review public statements. “It is noisy and smelly enough with pigeons, turkeys, feral cats, and untended dogs without adding chickens to the mix,” wrote one resident. The city drafted an ordinance reflecting citizen input, then emailed it to forum subscribers.

Outreach efforts through local media or civic organizations help further community involvement. Some residents also form Facebook groups or online petitions to promote their causes.

The city of Chanhassen, Minn., relied heavily on social media to connect with citizens when it confronted an issue that’s about as contentious as any local government can face: a proposal to build a new Walmart. The city posted regular updates on its Facebook page and uploaded all documents online. Laurie Hokkanen, the city’s assistant city manager, said residents continued hearing rumors even after the city rejected the company’s rezoning proposal. As a result, staff kept lines of communication open.

“A vote by the city council does not end the issue for residents who are invested in it,” Hokkanen said. “It’s important to tell people you appreciate their input.”

Citizen Survey Data Across much of the country, citizens rarely voice their opinion to local governments. The National Research Center provided survey results from local jurisdictions throughout the country participating in the National Citizen Survey, collected between 2012 and earlier this year.

Two questions on the survey assessed how vocal citizens were in government. Survey respondents were asked if they had done the following in the last 12 months:

1) "Contacted [locality name] elected officials (in-person, phone, email or web) to express your opinion?"

  • Yes: 19 percent
  • No: 81 percent
2) "Attended a local public meeting?"

  • Two times a week or more: 1 percent
  • Two to four times a month: 1 percent
  • Once a month or less: 22 percent
  • Not at all: 76 percent
___________________________________________
We all know the quasi nature of Baltimore Development and the University of Maryland Medical Center but let's look at AGAB and how corporations 'donate' for tax write-offs and then simply write the public policy tied to that non-profit.

If you could look at what this organization does------and the details are very private-----you will see that corporations and the rich simply choose a category to contribute and then are allowed to write what that 'donation' will create.  So, greening as a category can channel money to paying for corporate parks that simply subsidize the costs of a corporation's headquarters.  Why pay to landscape your property when you can get a tax write-off as 'donation' to greening and have the city contribute a chunk for example.   A corporation wanting to 'donate' to eduction would direct that money to a national education non-profit controlled by corporations to go into schools and tell parents, teachers, and students just what 'wellness' will look like in the schools.  In Baltimore parents asking for recess for their children may not be discussed in these 'wellness' groups in many schools.

This entire system allows corporations not paying taxes in Baltimore and Maryland to instead 'donate' money and then control the public policy in whatever area they choose.  This is how the citizens of Maryland have lost their voices in their own communities.  When I first moved to Baltimore I had the nerve as a citizen to try to organize for an athletic field on a vacant lot in my community and the response-----JOHNS HOPKINS HOMEWOOD DEVELOPMENT WILL DECIDE WHAT WILL GO THERE----ARE YOU CRAZY?  As a resident of a community you must go to that development corporation for community grants to do anything and that allows that development corporation to decide what they want-----


AND ALL OF THIS IS THE CORPORATION THAT IS JOHNS HOPKINS AND BALTIMORE DEVELOPMENT.



This is what happens when the public sector is dismantled-----all money is funneled through private non-profits that have no transparency and whose membership becomes ever more exclusive.

GET RID OF THE NEO-LIBERALS AND NEO-CONS ALLOWING THIS DISMANTLING OF OUR PUBLIC SECTOR----REMEMBER, IF YOU THINK GOVERNMENT HAS TOO MUCH CONTROL----CORPORATE CONTROL IS MUCH WORSE AS REGARDS DEMOCRATIC FREEDOMS.

About The Association of Baltimore Area Grantmakers (ABAG)

ABAG's mission is to maximize the impact of philanthropic giving on community life through a growing network of diverse, informed and effective grantmakers.

The Association of Baltimore Area Grantmakers is the region’s premier resource on philanthropy, dedicated to informing grantmakers and improving our community. ABAG was founded in 1983 to provide a forum in which colleagues could address common problems, approaches and interests.

Our members include more than 145 private and community foundations, donor advised funds, and corporations with strategic grantmaking programs - representing the vast majority of institutional giving in our area.

ABAG is …

  • The Resource on Grantmaking
ABAG provides critical information and services to the philanthropic and nonprofit communities.

  • The Network for Givers
ABAG convenes grantmakers and others to address issues and create lasting solutions.

  • The Voice for Philanthropy
ABAG represents the philanthropic sector to key audiences, including the media, legislators, and national organizations, raising public awareness and understanding about the role and impact of philanthropy on our society.


_________________________________________

Maryand Health Care for All and Baltimore Education Coalition are two examples of many.  Maryland Health Care for All is a Johns Hopkins non-profit created to make sure the Affordable Care Act was the health reform that moved forward in Maryland and not REAL health care for all like Expanded and Improved Medicare for All.  People see that the ACA is not about access----it is about building structures that will deregulate and consolidate the health industry killing oversight and accountability and denying most people most access to care.  Maryland has already disconnected from Medicare by receiving exemptions from the Federal government.  All of this makes Maryland have one of the worst health environments in the nation.  The poor have a life span  30 years less than affluent, people are fearful when going to the hospital because of poor quality and staff work in some of the most difficult conditions.  Now, the state health reform is creating a tiered health system that has most people only able to connect to clinic care.  We see this breakdown in health care in Maryland best if we look at the dismantled Veteran's Administration with Baltimore having the worst in the nation.  All of the doctors in this system were moved out and into private health systems that now cater to the world's rich------HEALTH TOURISM.  THIS IS JOHNS HOPKINS SPECIALTY NOW.



Below you see two Hopkins grads placed in charge of controlling the health care policy.  Bill and Hillary tried to do to health care what Obama has done with ACA at the same time they created the conditions for global banks---so this group in 1999 had the goal of moving health policy in that direction.  This is why Maryland sought the exemption from Medicare----to create the private health systems that are tied to the Maryland state health exchange.  Medicare and Medicaid fraud is rampant in Maryland because the oversight and accountability of the public sector was long ago dismantled.

The leaders advocating for the Affordable Care Act knew the goal was maximizing corporate profits and building global health corporations and not REAL health care for all.  The groups joining this coalition often did not.  They assumed they were actually working for health care for all.  This is an example of corporate capture of a policy.  Maryland spent this time from 1999 dismantling the public programs Medicare and Medicaid---and the Veteran's Administration and creating a tiered level of coverage that denied basic access by allowing health institutions to create the most profitable definition of care. 

While neo-liberals claimed to be building the most cost-effective health delivery system------patient outcomes in Maryland worsened and longevity declined.  So much for health care for all.  Johns Hopkins was able to build a global corporate empire with all that Medicare and Medicaid----not to mention Federal, state, and local grants and public funding. 

A GLOBAL HEALTH EMPIRE BUILT ON PUBLIC MONEY----THAT IS A SUCCESSFUL PRIVATE NON-PROFIT.

The people attached to Maryland Health Care for All really seeking this goal now need to join Expanded and Improved Medicare for All in Maryland to actually get health care for all.
  We need to replace the most private and profit-driven health system in the nation that is Maryland health exchange with this public structure that keeps Medicare strong.


The Founder of the Initiative is Peter Beilenson, MD, MPH, and the President is Vincent DeMarco, MA, JD.

The Maryland Citizens’ Health Initiative Education Fund (“MCHI”) is a 501(c)(3) non-profit advocacy organization that was created in 1999 with a mission to educate all Marylanders about sound ways to achieve quality, affordable health care for all. In order to create a comprehensive, economically sound health care for all plan, MCHI organized the state’s largest coalition and solicited input from coalition members and thousands of Maryland citizens in town hall meetings.  National experts at the Johns Hopkins University Bloomberg School of Public Health and the University of Maryland Law School then worked to incorporate this community input into MCHI’s Health Care for All! Plan.  In 2002, MCHI released its first plan and conducted a statewide campaign to educate people about how the plan would guarantee health care security for all Marylanders.  A revised version of the plan was released in 2008 by the same set of experts that created the original following another round of public stakeholder meetings. The updated plan includes similar components as the Patient Protection and Affordable Care Act (2010) and is being used to guide analysis and planning for state and local implementation of the federal health reform law.

Over 1,200 faith, labor, business, health, and community organizations have joined the Health Care for All! Coalition to support enactment of MCHI’s plan.  This is the largest coalition ever created in Maryland and certainly one of the largest health care consumer coalitions in the country.

The Coalition successfully advocated for a number of laws that will increase access to care and prescription drugs.  In addition, MCHI continues to work with key state leaders to educate members of our broad coalition about how they can access health care programs now in existence.  In the years ahead, MCHI will continue to educate and activate its powerful coalition to increase health care access in Maryland.

___________________________________________


Baltimore Education Coalition is the Michelle Rhee of privatization groups again created by Johns Hopkins this time with the goal of capturing education policy and making sure reforms go the way of corporate control-----just as did Maryland Health Care for All.  In both cases the leaders knew the goal but the people joining often think they are really working towards the goal of health care for all or quality public education.  It is not until all of the bad policy the BEC unrolls that many people in these coalitions find they did not get what they bargained for.  Good people wanting to work for good public policy captured by joining private non-profits that exist to make sure that does not happen.

This is why activism in Baltimore and Maryland is so low----people trying to organize have to fight these corporate non-profits ! 

Please stop allowing corporate non-profits to control all public policy in Maryland.  Know what the policies these groups are advocating and know that they actually have a goal that works for the people and not only for maximizing corporate profit.

This is a prime example of why getting rid of neo-liberals and neo-cons is so important.  It is not only how they vote in City Hall or the Maryland Assembly.  It is the environment they allow to exist in public community organizations ------where is the public discussion-----is it open and inclusive?  Neither Maryland Health Care for All nor Baltimore Education Coalition would allow Cindy Walsh to come in to educate and/or speak against these policies.
  If they do not allow open dialog----they are hiding something and that is that what they are doing is not in the public interest!


Baltimore Education Coalition

We are public schools – traditional and charter. We are after-school programs and neighborhood associations. We are education policy organizations, religious institutions, broad-based organizations, and schools. We are policy analysts, teachers, students, parents, community members, grandparents, and Baltimoreans working together to organize, mobilize, and energize the City of Baltimore to achieve our mission that all Baltimore students receive an excellent education. We focus on the issues that impact our students and families the most. Together, we have stopped over $100 million dollars in proposed funding cuts to city schools. In the face of potential harmful cuts to School Based Health Centers the BEC responded and advocated to successfully keep this important resource in the budget. We have also worked together to address the deplorable facility conditions in Baltimore City including winning the bottle tax in Baltimore City to support the successful campaign to pass state legislation to provide an unprecedented financing plan providing up to $1 billion to rebuild or renovate schools in Baltimore City. This effort was successful due to the dedication and perseverance of the more than 3,000 parents, students, teachers, administrators, and community leaders who came to Annapolis and City Hall to make their voices heard for Baltimore City’s 85,000 students and their communities.



0 Comments
<<Previous
Forward>>

    Author

    Cindy Walsh is a lifelong political activist and academic living in Baltimore, Maryland.

    Archives

    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    April 2012

    Categories

    All
    2014 Economic Crash
    21st Century Economy
    Affordable Care Act
    Affordable Care Act
    Alec
    Americorp/VISTA
    Anthony Brown
    Anthony Brown
    Anti Incumbant
    Anti-incumbant
    Anti Incumbent
    Anti Incumbent
    Attacking The Post Office Union
    Baltimore And Cronyism
    Baltimore Board Of Estimates
    Baltimore Board Of Estimates
    Baltimore Development Corp
    Baltimore Development Corp
    Baltimore Recall/Retroactive Term Limits
    Bank Fraud
    Bank Fraud
    Bank Of America
    Bank Settlement
    Bank-settlement
    B Corporations
    Bgeexelon Mergerf59060c411
    Brookings Institution
    Business Tax Credits
    California Charter Expansion
    Cardin
    Career Colleges
    Career Colleges Replacing Union Apprenticeships
    Charters
    Charter School
    Collection Agencies
    Common Core
    Consumer Financial Protection Bureau
    Consumer-financial-protection-bureau
    Corporate Media
    Corporate-media
    Corporate Oversight
    Corporate-oversight
    Corporate Politicians
    Corporate-politicians
    Corporate Rule
    Corporate-rule
    Corporate Taxes
    Corporate-taxes
    Corporate Tax Reform
    Corporatizing Us Universities
    Cost-benefit-analysis
    Credit Crisis
    Credit-crisis
    Cummings
    Department Of Education
    Department Of Justice
    Department-of-justice
    Derivatives Reform
    Development
    Dismantling Public Justice
    Dodd Frank
    Doddfrankbba4ff090a
    Doug Gansler
    Doug-gansler
    Ebdi
    Education Funding
    Education Reform
    Edwards
    Election Reform
    Election-reform
    Elections
    Emigration
    Energy-sector-consolidation-in-maryland
    Enterprise Zones
    Equal Access
    Estate Taxes
    European Crisis
    Expanded And Improved Medicare For All
    Expanded-and-improved-medicare-for-all
    Failure To Prosecute
    Failure-to-prosecute
    Fair
    Fair And Balanced Elections
    Fair-and-balanced-elections
    Farm Bill
    Federal Election Commissionelection Violationsmaryland
    Federal Election Commissionelection Violationsmarylandd20a348918
    Federal-emergency-management-agency-fema
    Federal Reserve
    Financial Reform Bill
    Food Safety Not In Tpp
    For Profit Education
    Forprofit-education
    Fracking
    Fraud
    Freedom Of Press And Speech
    Frosh
    Gambling In Marylandbaltimore8dbce1f7d2
    Granting Agencies
    Greening Fraud
    Gun Control Policy
    Healthcare For All
    Healthcare-for-all
    Health Enterprise Zones
    High Speed Rail
    Hoyer
    Imf
    Immigration
    Incarceration Bubble
    Incumbent
    Incumbents
    Innovation Centers
    Insurance Industry Leverage And Fraud
    International Criminal Court
    International Trade Deals
    International-trade-deals
    Jack Young
    Jack-young
    Johns Hopkins
    Johns-hopkins
    Johns Hopkins Medical Systems
    Johns-hopkins-medical-systems
    Kaliope Parthemos
    Labor And Justice Law Under Attack
    Labor And Wages
    Lehmann Brothers
    Living Wageunionspolitical Action0e39f5c885
    Maggie McIntosh
    Maggie-mcintosh
    Martin O'Malley
    Martin O'Malley
    Martin-omalley
    Martin-omalley8ecd6b6eb0
    Maryland Health Co Ops
    Maryland-health-co-ops
    Maryland-health-co-ops1f77692967
    Maryland Health Coopsccd73554da
    Maryland Judiciary
    Marylandnonprofits
    Maryland Non Profits
    Maryland Nonprofits2509c2ca2c
    Maryland Public Service Commission
    Maryland State Bar Association
    Md Credit Bondleverage Debt441d7f3605
    Media
    Media Bias
    Media-bias
    Medicaremedicaid
    Medicaremedicaid8416fd8754
    Mental Health Issues
    Mental-health-issues
    Mers Fraud
    Mikulski
    Military Privatization
    Minority Unemploymentunion And Labor Wagebaltimore Board Of Estimates4acb15e7fa
    Municipal Debt Fraud
    Ndaa-indefinite-detention
    Ndaaindefinite Detentiond65cc4283d
    Net Neutrality
    New Economy
    New-economy
    Ngo
    Non Profit To Profit
    Nonprofit To Profitb2d6cb4b41
    Nsa
    O'Malley
    Odette Ramos
    Omalley
    O'Malley
    Open Meetings
    Osha
    Patronage
    Pension-benefit-guaranty-corp
    Pension Funds
    Pension-funds
    Police Abuse
    Private-and-public-pension-fraud
    Private Health Systemsentitlementsprofits Over People
    Private Health Systemsentitlementsprofits Over People6541f468ae
    Private Non Profits
    Private-non-profits
    Private Nonprofits50b33fd8c2
    Privatizing Education
    Privatizing Government Assets
    Privatizing-the-veterans-admin-va
    Privitizing Public Education
    Progressive Policy
    Progressive Taxes Replace Regressive Policy
    Protections Of The People
    Protections-of-the-people
    Public Education
    Public Funding Of Private Universities
    Public Housing Privatization
    Public-libraries-privatized-or-closed
    Public Private Partnerships
    Public-private-partnerships
    Public Transportation Privatization
    Public Utilities
    Rapid Bus Network
    Rawlings Blake
    Rawlings-blake
    Rawlingsblake1640055471
    Real Progressives
    Reit-real-estate-investment-trusts
    Reitreal Estate Investment Trustsa1a18ad402
    Repatriation Taxes
    Rule Of Law
    Rule-of-law
    Ruppersberger
    SAIC AND INTERNATIONAL SECURITY
    Sarbanes
    S Corp Taxes
    Selling Public Datapersonal Privacy
    Smart Meters
    Snowden
    Social Security
    Sovereign Debt Fraudsubprime Mortgage Fraudmortgage Fraud Settlement
    Sovereign Debt Fraudsubprime Mortgage Fraudmortgage Fraud Settlement0d62c56e69
    Statistics As Spin
    Statistics-as-spin
    Student-corps
    Subprime Mortgage Fraud
    Subprime-mortgage-fraud
    Surveillance And Security
    Sustainability
    Teachers
    Teachers Unions2bc448afc8
    Teach For America
    Teach For America
    Technology Parks
    Third Way Democrats/new Economy/public Union Employees/public Private Patnerships/government Fraud And Corruption
    Third Way Democratsnew Economypublic Union Employeespublic Private Patnershipsgovernment Fraud And Corruption
    Third-way-democratsnew-economypublic-union-employeespublic-private-patnershipsgovernment-fraud-and-corruptionc10a007aee
    Third Way/neo Liberals
    Third-wayneo-liberals
    Third-wayneo-liberals5e1e6d4716
    Third Wayneoliberals7286dda6aa
    Tifcorporate Tax Breaks2d87bba974
    Tpp
    Transportation Inequity In Maryland
    Union Busting
    Unionbusting0858fddb8b
    Unions
    Unionsthird Waypost Officealec3c887e7815
    Universities
    Unreliable Polling
    Unreliable-polling
    Van Hollen
    Van-hollen
    VEOLA Environment -privatization Of Public Water
    Veterans
    War Against Women And Children
    War-against-women-and-children
    Youth Works

    RSS Feed

Powered by Create your own unique website with customizable templates.