This never-ending FAKE NEWS from Baltimore Sun and its counterpart in FAKE NEWS Baltimore Fishbowl------has become so propagandized our 99% of Baltimore citizens do not even read or believe anything reported---especially on education public policy.
Now, the far-right wing global 1% pushed a $1 BILLION SCHOOL BUILDING BOND designed to hand over Baltimore public K-13 schools to global education corporations and investment firms under the guise of this same issue---rebuilding our Baltimore decaying public schools. What was sold as A PRO-PUBLIC SCHOOLS building bond by all those FAKE GLOBAL BALTIMORE DEVELOPMENT 'labor and justice' organization 5% players----was always an attack on our Baltimore K-12 public schools---literally assuring that only a selected handful of schools attached to global corporate campuses and corporate education would receive those building funds.
Baltimore Sun and Baltimore Fishbowl KNOWS THIS as does this global 1% banking head of our Baltimore City council education committee-----ZEKE COHEN. The reason a vast majority of our Baltimore public schools are being left in decay is that $1 billion school building bond was written to take funds from city school OPERATIONS to assure those few hand-picked schools received funds for rebuilding only THOSE SCHOOLS.
While our vast number of K-12 public schools decay and students are left in third world conditions---those SELECTED global corporate campus corporate schools are getting not only physical construction of building--but they are getting all those funds for technology advancements -----for GREEN structures. The goal of $1 billion school building bonds was always to close a vast majority of REAL K-12 public schools-----and to divert that building fund only to the few corporate schools. Yet, 99% of Baltimore citizens have to read and listen to news PRETENDING there is a fight for all K-12 schools and 99% of all our Baltimore students----IT IS ALL FAKE.
All Baltimore City global 1% pols backed this $1 billion school building bond KNOWING its goal was closing all public schools and rebuilding only corporate schools located on global corporate campuses.
January 16, 2018
The figure $66 million has popped up again and again during the recent debate on heating and facilities repairs at city schools.
Amid a steep drop in temperatures after New Year’s Day that caused dozens of heating systems to fail and schools to close, and following of picture of students huddled on the floor of their classroom in winter coats going viral, The Sun on Jan. 4 published an article that said Baltimore City Public Schools had returned $66 million in state funds since 2009 “after approved projects ran afoul of state regulations meant to prevent waste.”
The school system could have provided dozens of heating systems with that money, the story said. Critics have cited the $66 million figure to paint the school system as inept, and Gov. Larry Hogan, when he announced proposed legislation for an inspector general to oversee education, said state funds have been “completely mismanaged by the city school system.” He also gave the city $2.5 million in emergency funds to make repairs.
But a review of a memo from City Schools and recent testimony given to the State Senate Budget and Taxation Committee show an incomplete picture. In a memo obtained by Baltimore Fishbowl, and during testimony before the committee, City Schools leaders argue a decision to fund projects over multiple years, rather than annually, makes it harder for poorer school systems to complete them as costs run above estimates.
More well-off districts can “forward fund,” in which they pay for any overruns, and then ask the state to reimburse them. Those counties can then submit those expenditures to the state for reimbursement.
But for Baltimore City Public Schools, which in 2017 got just $17 million from the city budget to put toward maintenance projects, the margins for error are slim. If they were to get, say, a $7 million project approved by the state, and the contracting bids turned out to cost more, the city’s funds wouldn’t be enough to make up the difference, and the project would be rescinded and return to the bidding process.
See, for example, an HVAC project for Historic Samuel Coleridge-Taylor Elementary. In 2014, the cost of the work was estimated at $7.5 million. City Schools asked for $6 million from the state, which came in installments over three years. By the time the funds were delivered, the bid to complete the project had risen to nearly $8.4 million. The project was therefore rescinded and resubmitted for fiscal year 2019 to account for the difference.
A slide created by Baltimore City Public Schools shows how partial funding can hurt the school system. After requesting funding for an estimated $7.5 million, and receiving the state allocation in three installments, the cost increased to $8.3 million when it came time to build. The project had to be rescinded and resubmitted.
In recent testimony, Santelises said the school system adds 2 to 4 percent into project budgets to account for cost overruns, “but over the last two years, the actual increase due to market conditions has been a 13 percent increase.”
David Lever, a former director of the state’s Public School Construction Program (PSCP), the agency that oversees the PSCP and other local education agencies, told The Sun that funds would go back to the state after City Schools mismanaged their request.
“[E]ither the project would be so delayed it would meet up against a rule that said that funds have to be encumbered within two years, or the school system would discover they hadn’t asked for enough money,” he said in the story. “This was particularly true of HVAC [heating and air conditioning] projects.”
But that doesn’t mean North Avenue loses the $7 million. Instead, it goes into a contingency account for use in later years. Santelises wrote in an Oct. 17, 2017, letter to current PSCP executive director Robert Gorrell that the rolling over of contingency account money, also known as recycling funds, hurts the school system because it counts toward the state’s allocation to City Schools for the next year.
In fiscal year 2017, budget documents show, City Schools received $37.5 million from the state, but $10 million of that was money the city had already received in prior years and then recycled.
This has been a trend since at least 2013.
“In the last four years our total annual state allocation has been approximately $37 million,” Santelises wrote in her October 2017 letter, “but the average amount in newly allocated money has only been between $23 million and $27 million each year.”
This also allows more money to go to wealthier districts, she wrote. Over the last 10 years, the amount of new funding that City Schools missed out on because of the contingency account process adds up to the much-discussed figure: $66 million (nearly two years’ worth of state Capital Improvement Program (CIP) funding for City Schools, she noted). In other words, Santelises has argued Baltimore schools have been shorted that amount over the last decade.
A slide created by Baltimore City Public Schools compares requests from 2016. While Baltimore County, Montgomery County and Baltimore City ended up with similar amounts of money from the state, Baltimore and Montgomery counties are at a distinct advantage because of the amount of local money they receive.
There were two times, she wrote, that the school system rescinded substantial amounts of money. The first was when the $1 billion 21st Century Schools program, a city-state agreement to renovate or replace at least 23 schools by 2021, came online, and City Schools put money for facilities slated for closure into the contingency account. The second was when the state began doling out piecemeal project funding, in fiscal years 2016 and 2017.
That presented its own set of problems, which Santelises laid out.
“Partially funded projects impact the district in two ways,” she wrote. “First, due to a low tax base and limited local funding, the district does not have the ability to forward fund projects with a local contribution of $17 million each year.”
“In addition,” she continued, “the lack of certainty of when projects will receive full funding impacts the district’s ability to include adequate escalation rates.”
Asked on Monday whether the city could potentially increase its contribution to City Schools, Councilman Zeke Cohen, chair of the Education and Youth Committee, told Baltimore Fishbowl “the city should do more to support our schools.”
He said he did not want to speculate as to the source of those dollars, but noted, “We are taking a hard look at the budget, and no agency is immune. Everyone deserves scrutiny.”
In 2017, 60 percent of school projects were partially funded, Santelises wrote, and four projects out of a total 18, representing $10.5 million, had to be rescinded because the bids came in higher than the approved amounts.
The day after she sent her letter to Gorrell, Santelises continued to make her case to the Board of Public Works, comprised of Gov. Hogan, Treasurer Nancy Kopp, and Comptroller Peter Franchot.
“And so over the two to three years that it takes to get all of the funding in place, oftentimes the costs increase,” she said, according to transcripts. “So it’s not due to the fact that we’re not projecting correctly at the time what the costs are, but it is due to the fact that because we do not have the benefit of forward funding from our local jurisdiction,
we must wait for full funding to come into place.”
A graph created by Baltimore City Public Schools. The X axis (bottom line) shows the total state allotment in a given year. The yellow line shows recycled funds, and the blue line shows new state money. Because of the increase in recycled money–money the school system was already given once–City Schools argues it has lost out on $66 million.
After congratulating Santelises on the school system’s improvement with getting air conditioning into classrooms, the governor asked, “Is there any hope of getting the city to
increase their investment in the schools?”
Reached by phone, Gorrell agreed that the city’s contribution of $17 million is limiting, particularly because the money allotted by the state does not go toward things such as pre-project engineering, design, furniture, fixtures, and other equipment. Also, as part of the funding process, the city has to pledge a share of money.
“In essence, the most that Baltimore City [Public Schools] can contract in any year is somewhere between $30-$35 million, no matter how big their need is,” he said, referring to CIP funding.
That’s not nearly enough. The 2012 Jacobs Report found $2 billion in deferred maintenance to school buildings.
Additionally, Gorrell said City Schools could have amended its list of projects submitted to the state’s Interagency Committee on School Construction (IAC) if bids indicate insufficient funding. For example, if the system has 15 projects and, after bidding, sees it doesn’t have enough money to go forward, it can cut a lower priority project to make sure the other 14 move ahead.
During a hearing last week before the Senate Budget and Taxation Committee, analysts with the nonpartisan Department of Legislative Services (DLS) answered questions about the funding process and found themselves fielding questions about The Sun’s story alleging $66 million in returned funds.
“Help me out, because the newspaper said it was $66 million that was returned,” said state Sen. Nathaniel J. McFadden (D-Baltimore City, District 45). “Is that accurate? Or was it $66 million that was not used at that time?”
“So, to call it ‘returned’ is maybe not the phrase that I would use to describe it,” responded Kyle Siefering, a policy analyst with DLS. “All of that money is money that at one time was not used and was returned to an account–not returned to the state; it was returned to an account–and were subsequently used over the following years.”
In a later exchange with McFadden, Siefering explained that if the money in the contingency account is not used after two years, only then is it sent back to the state.
“We did check with the IAC and Baltimore City has not sent money to the statewide account in anyone’s recollection,” he said.
According to testimony from DLS principal policy analyst Rachel Hise, the IAC has agreed to stop partially funding projects over multiple years going forward. (Gorrell confirmed this is true for City Schools, which requested that change; other counties still rely upon partial funding, he said.)
Asked later for other possible solutions, Hise responded: “I guess another one would be to make sure an escalation factor is built into the cost estimates. And I guess a third would be, although it won’t be popular, is not to fund projects if they’re not ready to go. But that comes with its own issues.”
When it was City Schools’ turn at the table, school board Cheryl A. Casciani started out by talking about the daunting numbers facing the system.
“Some can question whether we’re keeping up with maintenance, which we need to do, and we do the best [we can],” she said during opening remarks. “But when you have $2 billion in deferred maintenance, which was documented in 2012, and between state funds and local funds you’re getting approximately $52 million in [capital improvement projects], plus the operating dollars that we allocate to maintenance, you don’t have to be a math genius to know that you can’t ever catch up.”
Santelises told the committee she was looking to install mobile thermostats in classrooms and establish a clear protocol for appropriate building temperatures and alerting parents. But she also said that “regardless of the protocols that we put in place, and we will, the fact remains that there has been a cumulative effect of the under-investment of Baltimore City Public Schools buildings that now has a compounded effect.”
Near the end of the hearing, Sen. Richard Madaleno, (D-Montgomery County, District 18), vice-chair of the committee, asked Santelises how much money it would take to prevent another rash of frigid classrooms this winter.
Santelises said her office was still looking into the cost of the thermostats, “but the cost of being able to tell parents that this will never happen again, that cost is closer to the Jacobs Report.”
Committee chair Sen. Edward J. Kasemeyer (D-Baltimore and Howard counties, District 12) told the North Avenue leaders that senators would form a subcommittee and work with the House of Delegates and DLS to look at possible fixes.
During his interview with Baltimore Fishbowl, Gorrell said he thinks his office can play an important role in helping City Schools, which he characterized as being hampered by false starts and underutilized buildings.
He said he hopes to help districts share more information about things like building materials and maintenance so districts can work as efficiently as possible “to increase the efficiency of the spending based on best practices, what works and what doesn’t work, and to ensure that the cost of ownership can be met before we build.”
But there is still a big question facing the city, he said.
“Is $17 million all that they can put in? Why is that all they can put in?”
EVERYONE attached to this 2013 school building bond was global 1% MOVING FORWARD DEWEY NEO-LIBERAL CORPORATE EDUCATION. The writers below TOM WILCOX------WES MOORE------TOM BOZZUTO------as the Baltimore Community Foundation are all global Baltimore Development, Greater Baltimore Committee, global hedge fund IVY LEAGUE Johns Hopkins controlled by GLOBAL INVESTMENT FIRM CARLYLE GROUP. So, we knew back in 2013 this school building bond----which was ILLEGAL tied to the US TREASURY BOND AND STATE MUNICIPAL BOND FRAUD-----would end with just the photos we see today ----children forced to attend public K-12 schools never intended to remain open as public schools.
TEACH FOR AMERICA is global Wall Street Bloomberg -----as was Baltimore School CEO ALONZO tying our public schools to these illegal bond deals----and today's Santelises pretending to care about those children in the photos is simply the same global Wall Street Bloomberg player.
'The nonprofit Teach For America already pledged to fulfill 10 percent of the mayor's goal by helping their teachers engage in neighborhood leadership opportunities as they develop lasting ties with our city'.
The clause in these school building bonds include the requirement of taking millions from our already inadequate school operations funding to rebuild those few schools-----and this is the money along with corrupt corporate tax credit policies that is illegally moving funds from Federal, state public school funding.
FIXING BALTIMORE for 99% of citizens is not DEWEY global corporate neo-liberal education-----FIXING BALTIMORE must come with REAL LOCKE public education providing REAL information. Our new citizens whether US citizens or global immigrants need to know Baltimore has a history of HATING PUBLIC EDUCATION.
Rebuilding schools, rebuilding Baltimore
Thousands are choosing city life; if we build better schools, they will stay
February 04, 2013|By Tom Wilcox, Wes Moore and Tom Bozzuto
Over the last 10 years leaders from the private, public and nonprofit sectors have begun to transform Baltimore's approach to its future. Traditional public subsidies have given way to strategic investments and tough decisions, using market-based techniques to reform our schools, rebuild our population, and make our neighborhoods safe, clean, green and vibrant.
Now, the General Assembly must do its part to strengthen the city's future by passing legislation to reshape how the city makes improvements to its public school buildings. The city's plan is straightforward and achievable: act aggressively now to build or rebuild our school buildings and give every child in the city a welcoming school environment that will help engage them in learning.
It is a proposal that will help kids, create a stronger school system, bolster the city's prospects for growth and benefit the entire state.
Legislators must be reminded that Baltimore has already taken many hard steps to improve its educational system. A "choice" system gives middle and high school students the opportunity to "vote with their feet," with dollars following those students to the best-performing schools. A union contract sets a national standard for holding teachers and principals accountable for their students' performance. And focused initiatives have increased the high school graduation rate and the number of preschoolers who are "ready for school." And schools that fail to meet increasingly rigorous standards are being closed.
These steps and more show that our civic and private leaders are serious about creating great schools that will change the trajectory of inner-city youth while attracting the middle class families necessary to any city's success.
Now, the focus is on providing a physical environment in Baltimore schools comparable to that in schools across Maryland. The legislative proposal to revamp the school system's capital process would lead to major and accelerated improvements in our school buildings, benefiting kids, teachers, staff and families.
The school system has done its homework, commissioning a study that put a price tag on infrastructure needs in every school building in Baltimore, and it has developed a plan that would shutter buildings, cut or merge programs, and renovate or rebuild 136 buildings.
The city schools bond financing plan to rebuild its inadequate infrastructure may be the best opportunity that Baltimore has had in a generation to cement its revitalization. Under the plan, an independent entity would be created to borrow significant funding through a bond issue to jump-start much-needed capital improvements, and use state and local funding to repay the bonds. It's important to note that the plan requires no extra money from the state, just a commitment to stand by current annual commitments. The timing is perfect. Interest rates are low; construction costs are manageable.
This effort in the General Assembly must be viewed not simply as a bricks-and-mortar educational initiative. Rather, it is part of a comprehensive effort to push for major changes that can move Baltimore forward and restore the city's role as an economic engine for Maryland.
The signs of momentum are apparent, whether it's ongoing downtown development, the bustling rental market driven by young professionals' interest in city life, or the emerging high-tech economy fueled by robust educational, medical and federal institutions. Across the city, private sector initiatives such as Healthy Neighborhoods Inc. are reestablishing "middle neighborhoods" that have wonderful assets but need a boost to continue to strengthen.
The bottom line is that thousands are choosing city life. If we can improve the schools they will stay. These young people can, by themselves, fulfill Mayor Rawlings-Blake's modest goal of attracting or developing 10,000 new taxpaying citizens.
The nonprofit Teach For America already pledged to fulfill 10 percent of the mayor's goal by helping their teachers engage in neighborhood leadership opportunities as they develop lasting ties with our city.
Such commitments from the nonprofit sector must be met by similarly ambitious initiatives from the public sector that enhance city life and build a business-friendly environment.
We have pressing goals: reducing crime, building a better transportation infrastructure that supports employment opportunities, and fostering an energetic business environment. But perhaps overriding them all is the need for a strong school system that will attract new families and new employers.
There is more hard work ahead to capitalize on the educational progress already achieved, but we can take a major step forward right now by changing how we build our schools.
A quarter century ago, state leaders overcame a host of issues to finance and build not one but two stadiums, leading to the winning seasons we now celebrate. Surely we can come together now to give our youth and our city and state the future they deserve.
Tom Wilcox is President of the Baltimore Community Foundation. Wes Moore is a best-selling author and host on the OWN television network. Tom Bozzuto is Chairman and CEO of the Bozzuto Group. All are trustees of the Baltimore Community Foundation.
Baltimore is losing population because of Baltimore City Council and global Baltimore Development MASTER PLAN of getting rid of 99% of long-term Baltimore residence-----bringing in GLOBAL 1% AND THEIR 2%-----who buy property in Baltimore as second homes to do business and not necessarily as permanent homes---where of course their children remain. So, Rawlings-Blake as PUGH are not concerned about the fall in population or children attending our public schools. Conditions in these schools are being deliberately left poor just to push families out of the city.
Global corporate campus corporate schools for only those working on that campus will be WRAPPED-AROUND and DEWEY corporate neo-liberal-----MEGA-DATA------so those global labor pool 99% being brought to Baltimore need to know this is NOT AMERICAN SOCIAL PROGRESSIVE LOCKE EDUCATION----it is global 1% corporate fascism ----the same SOCIAL EFFICIENCY now CORPORATE SUSTAINABILITY as HITLER, STALIN, AND MAO.
The OLD WORLD MERCHANTS OF VENICE GLOBAL 1% back in Medieval DARK AGES bought homes in all Foreign Economic Zones they used to conduct business while their main residence homes for children stayed in that foreign nation. This is what Baltimore population changes represent----thus fewer and fewer children and those children brought are tied to being global labor pool 99%.
It is global NGOs receiving what was our hundreds of billions of dollars in public school funding-----UNITED NATIONS ONE WORLD ONE GOVERNANCE for only the global 1%. WE KNOW to where all these funds are going!
Baltimore population falls, nearing a 100-year low, U.S. Census says
Natalie ShermanContact ReporterThe Baltimore Sun
March 23, 2017
Baltimore leaders have celebrated signs that the city appeared to have stopped hemorrhaging residents — and might even be gaining people.
But new federal estimates show the city population falling to near a 100-year low.
Baltimore's population fell by more than 6,700 people in the 12 months that ended July 2016, the U.S. Census Bureau reported Thursday, as the number of people leaving the city for other parts of the United States doubled.
The decline wiped out the city's meager gains under Mayor Stephanie Rawlings-Blake, who sought to draw 10,000 families to the city. And the loss came as the city grapples with rising crime, a homicide spike, a school budget gap and the fallout from the death of Freddie Gray.
Economist Anirban Basu, CEO of the Sage Policy Group, said the numbers were a major blow.
"That's a big loss," he said. "This is deeply problematic."
The figures put Baltimore at about 614,664 people, down more than 1 percent. It's now returned to about the same size it was a century ago.
The decline occurred amid modest growth statewide and regionally.
Maryland added about 21,500 people. The metropolitan statistical area — a Census-designated region that includes Columbia and Towson — gained just 5,000, the smallest increase in years.
William H. Frey, a demographer at the Brookings Institution, said more people are moving to the suburbs and the South, resuming a migration that was put on hold during the recession, although at a slower pace.
Those broader shifts are likely driving some of Baltimore's loss, he said, but they don't explain all of it.
"The very sharp movement ... there may be more going on," he said.
The new estimates largely reinforced existing trends in Maryland.
Montgomery County, near Washington, saw the greatest population gain, adding 7,630 residents. Howard and Anne Arundel counties came in second and third, with gains of more than 4,500 each. (On a percentage basis, Howard County experienced the strongest growth in the state at 1.4 percent.)
Others showed less significant growth. In Carroll County, for example, the population stayed basically the same, hovering around 167,650. Harford County added about 900 people. Baltimore County grew by about 1,800.
Five rural counties — Allegany and Garrett in Western Maryland and Dorchester, Talbot and Kent on the Eastern Shore — saw declines, though not as great as Baltimore's.
Basu said Baltimore faces demographic and economic headwinds compounded by safety challenges both "real and perceived."
Members of the large millennial generation are starting to marry and have children, making them less likely to remain urban dwellers, he said. Homeowners stuck in their properties after the housing crash have seen home values start to return. And nearby suburbs have built up walkable centers, making them more attractive.
"Baltimore City has a major demographic problem over the next 10 years, and we're just beginning to see the tip of that," Basu said. "It could be a really tough decade for the city demographically."
Baltimore's decline was the third-largest of any county in the country, after Cook County, Ill. — home to Chicago — and Wayne County, Mich. — home to Detroit.
Tyrelle Johnson, 23, grew up and lives in Belair-Edison, one of the Baltimore neighborhoods hit by the foreclosure crisis. Johnson said he's committed to the city, but he's seen crime and the constant battle for school resources taking a toll.
"One thing you'll consistently hear in our community right now is, 'I wish I could just leave,'" he said.
Some local analysts said they were surprised by the scale of the decline, which does not match other signs of stability, including job gains and growth in home sales and values.
"There's no other indicator to suggest that kind of loss," said Seema Iyer, associate director of the Jacob France Institute at the University of Baltimore. "That would be a little bit of a collective action to move out like that."
Mayor Catherine Pugh said the city's numbers might have taken a hit after enrollments fell at colleges and universities in the aftermath of the 2015 unrest. But she said she's not worried they point to a bigger problem.
"I'm not sure where those numbers came from," she said. "When I'm looking at home sales and I'm looking at apartment buildings that are filling up ... I see a very positive influx of people in Baltimore that I think bodes well for the future of our city."
The Census Bureau counts the population once a decade by sending mailings and sometimes going door to door. It bases estimates in the intervening years on records such as taxes and health statistics.
Baltimore leaders have routinely appealed to the federal counts, charging that the numbers overestimate losses.
The Census has sometimes revised Baltimore's estimates as it factors in additional data, but the changes are typically modest.
Baltimore Planning Director Thomas J. Stosur said it's too soon to know if the city will seek an appeal this year.
Stosur said the Census has long had difficulty accurately counting big cities with large low-income and immigrant populations.
"It's something we'll need to grapple with as we get ready for the 2020 census and making sure we're doing good outreach ... so we can get as complete a count as possible," he said.
Steven Gondol, the executive director of the city-promoting nonprofit Live Baltimore, said he thinks the Census overstated the decline. He said the number might have been skewed by the closure of the Baltimore City Detention Center in 2015.
"We will dig in further," Gondol said.
Baltimore's population peaked after World War II, reaching almost 950,000 in 1950. Highways and school integration in the following decades prompted many white residents to flee, and the population plummeted in the 1970s. Escalating drug violence in the 1990s caused more losses.
But the declines slowed in the 2000s and had appeared to be leveling off in recent years and even reversing. Between 2010 and 2014, the city's population increased by about 2,200 to top 623,000.
Melissa Schober, 37, was part of that movement, settling in Baltimore about a decade ago. But she is thinking of adding her family to the number who are leaving.
She and her husband are self-described "city people" — a one-car family that owns a home in Harwood, sends their 8-year-old daughter to camp at the Walters Art Museum and attends plays at Center Stage.
But Schober said she's been worn down by the constant fight for resources, and other challenges: fights on the bus, an attempted theft at the library, graffiti on her house, the empty syringe on the sidewalk that greeted her when she returned from vacation.
"I'm really reaching the point of being exhausted," she said.
Black flight, not white, has been the engine of Baltimore's population loss over the past 15 years.
Between 2010 and 2015, estimates show the city's white, Hispanic and Asian populations actually growing, making up for a continued loss of African-American residents.
The trends vary from neighborhood to neighborhood, said Iyer, who drills into the figures each year for the Baltimore Neighborhood Indicators Alliance annual report. She said churn is to be expected — the losses come when neighborhoods don't attract new families to move in.
Downtown is one of the areas that have grown, as new apartment buildings have drawn people in from out of state.
Kirby Fowler, executive director of the Downtown Partnership, said the city's overall population trends remain more resilient than in earlier decades, and the success in some neighborhoods shows there's an opportunity for more.
But Fowler said the city needs to do more for families with children. It also still faces an uphill battle competing for people from out of the region, especially after the riots of 2015 drew unflattering national media attention to the city.
"To be frank, it hasn't been a strong couple of years for promoting the city, despite the fact that good things are happening," he said.
Edith Gilliard-Canty, 69, is president of the Franklin Square Community Association. Her neighborhood has remained stable in recent years, she said, with no obvious movement in or out. But the long-term trend is clear.
"I have seen a lot of people move out and a lot of homes become abandoned," she said. "It's changed a lot."
Gilliard-Canty said she thinks better schools and more effort fixing up vacant buildings would help stanch the city's losses, but she said the way back to the vibrant community full of bustling shopping districts that she remembers from her youth isn't clear.
"I would like to see that again," she said. "How we can get there — I'm going to be honest with you. Right now, I have no idea."
Our US food sources are all captured and the US is now a FOOD IMPORTER tied to GLOBAL BIG AG MONSANTO importing our US food from overseas Foreign Economic Zones. The goals for food production called CORPORATE SUSTAINABILITY is building eco-dome SMART CITY technology food production to supplying food to only those global corporate campus industrial food cafeterias------
This is why what has always been a low-wage job of agriculture is disappearing in US-----so, yes, those global labor pool tied to US agriculture will be losing that job category as HIGH-RISE ECO-GARDENS filled with all the technology products being patented replace workers. While we might think it OK to end what has been a slave wage job of agricultural work-----99% of WE THE PEOPLE must remember-----today all US real estate has been privatized----it is not the same as 300 years where 99% of citizens could find empty land to build a home and plant gardens for themselves.
This is what the policies of CLINTON/BUSH/OBAMA global neo-liberalism do---it removes 99% of citizens from their land----from the ability to grow their own food-----and ties those citizens to having to work in global factories for food and a bed. As SMART CITIES eliminates even those jobs----there will be no land not privatized to global 1% to which 99% can move/grow food unless as a SERF OR SHARECROPPER.
Our Latino global labor pool 99% tied to agriculture in US are feeling this as well-----Global BIG AG MONSANTO is CLINTON/BUSH/OBAMA....so, is TRUMP being racist or hating other religions? NO, he is MOVING FORWARD the colonization of America to include making the US food-dependent on food imports from global corporations----sounds very EAST INDIA CORPORATION to us.
Haitians barred from applying for visas for low-skilled work in U.S.
By John Bowden - 01/17/18 10:22 PM EST
The Department of Homeland Security (DHS) had removed Haiti from a list of countries whose citizens are permitted to apply for low-skilled work visas, Reuters reported Wednesday night.
In a regulatory filing, DHS cited "high levels of fraud and abuse" from Haitians who use the program as well as a “high rate of overstaying the terms” from the visa recipients.
Visa overstays among Haitians in the 2016 fiscal year were around 40 percent, according to a DHS report last year.
Just a few dozen immigrants from Haiti use H-2A and H-2B visas each year, according to DHS data. Haiti was added to the list of countries whose residents are eligible to apply for the visas after a 2010 earthquake devastated the country.
Advocates of the program say the Trump administration has taken away a lifeline for struggling residents of the island nation.
“They’re just cutting off the most economically beneficial visa for the Haitian people,” Sarah Williamson, founder of a Virginia firm that spearheaded the program told Reuters.
“Even though not many people have been able to avail themselves of it, it’s been hugely transformational for those who have participated.”
President Trump was accused of racism by Democrats last week after comments he reportedly made about the country being a "shithole" during a meeting with lawmakers surfaced in The Washington Post.
In an interview with Reuters published earlier Wednesday, Trump defended his relationship with the country and its people.
“I love the people. There’s a tremendous warmth,” Trump said. “And they’re very hard-working people.”
Baltimore is MOVING FORWARD to US FOREIGN ECONOMIC ZONE San Francisco-------that was the MASTER PLAN during REAGAN/CLINTON and global Baltimore Development is sticking to it. We made sure to discuss goals of ONE WORLD ONE GOVERNANCE CITY STATES for only the global 1% because 99% of WE THE PEOPLE tend to live for today----think only of how to have a job or housing for today and don't look a few decades down the road. When we look at a San Fran these few decades we are told these are the WINNERS----GENIUS-----this is why they are receiving merely rich salaries. But the goal in San Fran as all US Foreign Economic Zones is not to have these high salaries even for those 5% players. The goal is city centers filled with houses owned by global 1% ---remaining empty as they live elsewhere and certainly not having these homes as permanent sites for children being EDUCATED. As we see in this article the kinds of people able to live as MOVING FORWARD continues are the young adults lured by FAKE ENTREPRENEUR prospects not having children ---or those global 1% and their 2% leaving children at their permanent foreign homes.
So, yes, all US public schools are closing under FAKE NEWS reasons------yes, GLOBAL NGO WRAPPED-AROUND corporations are managing our 99% of WE THE PEOPLE into dystopia complete with COMMONER CORE AND GLOBAL GOOGLE making YAHOOS of all our highly educated people. We cannot keep fighting to be those 5% WINNERS soon to be under the bus themselves-----we must use rolling peaceful protests for weeks and months---to get rid of all global 1% CLINTON/BUSH/OBAMA ---NOW TRUMP 5% pols and players OUT OF OUR 99% PEOPLE'S GOVERNMENT. Our public schools are only as good as LOCKE I AM MAN freedom, liberty, justice, citizenship and leadership ------as the information our children receive while attending -----and RACE TO THE TOP as DEWEY NEO-LIBERAL CORPORATE SCHOOLS is the opposite.
Homes in a city center that stay vacant most of the time as the global 1% travel and live in Foreign Economic Zones around the world------if children are brought it is not for a 99% public education....they are TUTORED and we can bet those TUTORS are not from TEACH FOR AMERICA.
San Francisco March 29, 2016
San Francisco Rent Is So Insane, This Guy Lives in a Box for $508 a Month
Senior Entrepreneurship Writer at CNBC
This is what San Francisco real estate looks like today: A guy built a box to live in, and he’s paying $508 a month to live in it.
San Francisco is the most expensive place to rent an apartment in the country. The average rent for a one-bedroom apartment in San Francisco in March is $3,590, according to the rental listing site Zumper.com. That’s $310 more than the average one-bedroom rent of $3,280 in New York City. And it’s more than twice the $1,700 it costs to live in Seattle.
That’s why a San Francisco-based illustrator, Peter Berkowitz, built himself a box to live in.
He calls it a pod, and it’s parked, if you will, in his pal’s living room. He pays $400 a month in rent to the purveyor of said living room. The fixed costs of building the pod were $108 a month, if you average the costs out over a year. That’s where he comes up with the $508 monthly cost, according to a blog post Berkowitz wrote about his adventure.
“Yes, living in a pod is silly. But the silliness is endemic to San Francisco's absurdly high housing prices,” writes Berkowitz, 25, in his blog post. “The pod is just a solution that works for me.”
Plus, living in a pod isn’t so bad, at least according to Berkowitz. He says that with a bit of innovative design, his pod is pretty comfy. (We have embedded a handful of snaps below.)
“People are typically surprised that I would want to live in a pod, but I think they tend to underestimate how pleasant a pod can be if it's designed smartly. It's the coziest bedroom I've ever had,” writes Berkowitz. “It's the only bed I've had with a fold-down desk, a slanted and cushioned backboard, and uniformly ideal light for reading (I can read comfortably from anywhere on my bed. This sounds trivial but isn't.).”
Pod-living is a more functional alternative living situation than hanging a partition curtain because it offers more privacy and quiet, says Berkowitz. And he would like to help others build a pod, if they are interested.
Turning to a pod wasn’t a desperate last ditch effort to find a warm place to put his head down at night. Berkowitz was subletting apartments in San Francisco before turning to pod living.
“I'm by no means in dire straights -- I can and could afford my bills -- but I just saw this as a way to pay less of them without (as I perceive it) giving up anything of much value,” says Berkowitz in an email with Entrepreneur.
To be sure, Berkowitz isn’t the first to find a work-around to San Francisco's sky-high rent. A young software engineer has been living out of a truck parked in the Google parking lot for more than 10 months and he’s charting his savings.
A pod. A truck bed. The stuff Silicon Valley dreams are made of.
'Tribune State-Law Fraudulent Conveyance Litigation Update
September 25, 2013'
We will end this week's discussion on education public policy by returning to the discussion last week on MEDIA public policy and net neutrality......where of course 99% of WE THE PEOPLE look to receive REAL INFORMATION. It is critical that we bring these local media to being that real information and stop the propaganda.
This is a complicated LEGALESE post but it shows how all these global corporate consolidation of media outlets are contrived and done so illegally. These few decades of CORPORATE BANKRUPTCY used by global 1% to kill everything from labor benefits and wages---labor rights-----equal protection and opportunity -----and killing our strong US free press as is being done with our strong domestic free market economy.
When Shareholders Are Creditors: Effects of the Simultaneous Holding of Equity and Debt by Noncommercial-Banking Institutions
University of British Columbia
University of Northern British Columbia
This paper provides a comprehensive analysis of
a new and increasingly important phenomenon:
the simultaneous holding of both equity and debt claims of the same company by noncommercial-banking institutions (“dual holders”). The presence of dual holders offers a unique opportunity to assess the existence and magnitude of shareholder-creditor conflicts.
We find that syndicated loans with
dual holder participation have loan yield spreads that are 18-32 basis points lower than those without. The
difference remains economically significant after
controlling for the selection effect. Further investigation of dual holders’ investment horizons
and changes in borrowers’ credit quality lends support to the hypothesis that incentive alignment between shareholders and creditors plays an important role in lowering loan yield spreads
One after another US corporation sent into bankruptcy emerging to enfold itself into a global corporation leaving CREDITORS AND LOWER-TIERED SHAREHOLDERS broke----while TOP-TIER SHAREHOLDERS and global corporations see profits and wealth soar. Most of our 99% of US citizens black, white, and brown citizens know these corporate bankruptcy games. In cases of our MEDIA soon to be our PRIVATIZED EDUCATION CORPORATIONS----any PATRONAGE our 5% temporary small businesses receive tied to global corporate campuses-----you are those CREDITORS left over and over unable to collect from billion dollar corporations for REAL WORK DONE. Bouncing between one court and another with judges appointed these few decades known to be 5% players------IS JUST A GAME OF PROPAGANDA.
In this case our ANTI-TRUST and free press laws were circumvented by PRETENDING those employees owning a small stake in shares was a DEMOCRATIC process for those employees who with this SINCLAIR MERGER will be those LOWER-TIERED SHAREHOLDERS with those 99% CREDITORS losing all their wealth.
WE KNOW WHAT THEY DONE----WE KNOW WHO THEY ARE-----WE KNOW WHAT TO DO.
Tribune State-Law Fraudulent Conveyance Litigation Update
September 25, 2013
On September 23, 2013, U.S. District Judge Richard Sullivan of the Southern District of New York issued
a decision with potential implications for the interpretation of Section 546(e) of the Bankruptcy Code, the
statute that protects “settlement payments” in securities transactions from avoidance claims.
In a 16-page decision, the Court dismissed state-law constructive fraudulent conveyance claims brought by
creditors seeking to avoid payments made to former shareholders of the Tribune Company during the
Company’s 2007 leveraged buyout (“LBO”). The Court found that the plaintiffs—all individual creditors of
Tribune—lacked standing to avoid those payments while the representative of the Tribune bankruptcy
estate was seeking to avoid the same transfers under a different legal theory.
Although the Court dismissed the claims, it also concluded that Section 546(e) only bars claims brought by a bankruptcy
estate “trustee” – and does not preempt individual creditors’ state-law-based constructive fraudulent
conveyance claims. If left to stand, the decision leaves open the possibility that individual creditors may
assert constructive fraudulent transfer claims that the Bankruptcy Code would preclude an estate
representative from asserting. The case is In re Tribune Company Fraudulent Conveyance Litigation, No.
11 MC 2296 (RJS) (S.D.N.Y. Sept. 23, 2013).
The Individual Creditor Actions
Following the Tribune Company’s bankruptcy filing in 2008, representatives of the bankruptcy estate –
then the Official Committee of Unsecured Creditors (the “Committee”) – sued Tribune’s former
shareholders to avoid payments they received during the Company’s 2007 LBO (the “Shareholder
Payments”). The estate representatives sought to avoid the transfers as intentional fraudulent
conveyances (the “Committee Action”) but did not assert claims for constructive fraudulent conveyance
because such claims would almost certainly have been dismissed pursuant to Section 546(e).
Instead, individual creditors of Tribune subsequently filed hundreds of lawsuits in more than twenty state and
federal courts seeking to avoid the Shareholder Payments under a state-law-based constructive
fraudulent conveyance theory (the “Individual Creditor Actions”).
The Individual Creditor Actions and the Committee Action
– which was transferred from the Committee to the trustee for a litigation trust (the
“Litigation Trust”) after Tribune emerged from bankruptcy – eventually were consolidated in a multi-district
litigation before Judge Sullivan in the Southern District of New York.
In November 2012, the defendants in the Individual Creditor Actions moved to dismiss. They argued that
the Individual Creditor Actions were preempted by Section 546(e) of the Bankruptcy Code, which
precludes a bankruptcy estate from avoiding settlement payments in a securities transaction, including
(according to a number of courts) LBO payments to shareholders. They also argued that Section 362 of
the Bankruptcy Code divested the individual creditors of standing to assert claims seeking to avoid the
Shareholder Payments while the Litigation Trust was also seeking to avoid them in the Committee Action.
The District Court stayed the Committee Action while the motion to dismiss the Individual Creditor Actions
was being litigated.
Individual Creditors Lack Standing to Avoid Transfers Targeted By the Estate Representative
Judge Sullivan held that the individual creditors lacked standing to avoid the Shareholder Payments while
the estate representative was seeking to attack the same transfers. He concluded that because the
bankruptcy process is intended to promote a comprehensive resolution of a debtor’s affairs by
consolidating claims in one entity, the Section 362 stay divested the individual creditors of standing,
Davis Polk & Wardwell LLP 2
precluding them from seeking to avoid the Shareholder Payments while the Litigation Trust was seeking
to avoid the same payments through the estate’s lawsuit.
The Court rejected the plaintiffs’ attempt to
distinguish between intentional fraud claims and constructive fraud claims for these purposes, holding
that “[u]nless and until the [estate representative] actually and completely abandons those claims, the
Individual Creditors lack standing to bring their own fraudulent conveyance claims targeting the very
While the Court ordered the Individual Creditor Actions closed, the Court also ordered the Litigation Trustee and Liaison Counsel for the Committee Action defendants to submit a joint
letter to address whether the Litigation Trustee will attempt to abandon its claims and whether such a step
would be permissible, leaving open the possibility that the plaintiffs will attempt to revive the Individual Creditor Actions.
State-Law Constructive Fraudulent Conveyance Claims Not Preempted By Bankruptcy
Code Section 546(e)
While Judge Sullivan dismissed the claims, he rejected the defendants’ arguments that the Individual
Creditor Actions were preempted by Bankruptcy Code Section 546(e). Section 546(e) imposes a limit on
a bankruptcy trustee’s power to avoid transfers by creating a safe harbor for, inter alia, securities
settlement payments like LBO payments to shareholders.
The defendants argued that Section 546(e)
impliedly preempts state-law fraudulent conveyance claims brought by creditors to avoid LBO payments
to shareholders because such lawsuits disrupt the securities markets in the same manner as lawsuits by
an estate representative, the very reason Congress cited in enacting Section 546(e). The defendants
argued that if such state-law claims were permitted, estate representatives could routinely circumvent
Section 546(e)’s limits by foregoing the claims and allowing individual creditors to assert them instead.
Judge Sullivan found that neither the language of the Bankruptcy Code nor available indicia of
Congressional intent supported preemption. He reasoned that the statute explicitly prohibits only the
“trustee” from pursuing such claims and that if Congress had intended to preclude individuals other than
the trustee from bringing suit, it could have made this clear when it amended the statute several times
over the years. Judge Sullivan likewise disagreed with the defendants’ arguments based on disruption of
the securities markets, reasoning that Congress plausibly could have barred one plaintiff – an estate
representative – from filing suit while allowing individual creditors to proceed.
The Tribune decision comes at a time when other attempts to avoid the reach of Section 546(e) or related
statutes are pending before various courts, such as the lawsuit brought by the litigation trustee in the
Lyondell Chemical Company bankruptcy, where a motion to dismiss is pending before the Bankruptcy
Court for the Southern District of New York, and the lawsuit brought by the SemGroup Litigation Trust,
which was dismissed by Judge Jed Rakoff and is now pending on appeal before the U.S. Court of
Appeals for the Second Circuit. There will be further developments in the Tribune matter, either before
the District Court or on appeal, and the impact of this decision – and its interaction with these other
pending matters – remains to be seen. The Committee Action remains stayed at this time.