Six Months After The Pandemic Started: Manhattan Offices Are Only 10% Full

By Tyler Durden,

A vibrant economic recovery of America’s largest city that is New York City, depends on the return of office workers; otherwise, the absence of white-collar folks means a painful recovery is ahead.

As of Sept. 18, about six months after the virus pandemic began, only 10% of Manhattan office workers were back, according to The Wall Street Journal, quoting commercial real estate services and investment firm CBRE Group Inc.’s latest report. That represents a slight uptick from the 6% to 8% level seen in July, a month after strict social distancing measures were eased because of the virus pandemic.

Months and months of empty office buildings across the borough paralyzed the local economy, which resulted in a collapse in consumption as workers stayed home. The spillover effect has since led to a collapse in small businesses across the area.

CBRE’s report noted on a national level, about a quarter of office workers returned to their desks in September. The figure was higher in certain metropolitan areas such as Dallas at 40% and the Los Angeles metro area at 32%. The reoccupation rate across NYC is 32%.

The low rate of office workers returning to Manhattan is a significant disappointment for anyone who remotely thought NYC’s economic recovery would resemble a “V” by the fourth quarter of 2020.

With new clusters of cases emerging in Brooklyn and NYC’s northern suburbs in recent days, new fears of restrictions to businesses and schools could be nearing.

Already, mobility trends around the city, according to Apple’s Mobility Trends Tracker, shows driving, walking, and transit is slumping as the virus cases are increasing in the city.

Gov. Andrew Cuomo said “significant action” is needed to mitigate the spread of the virus in hot spot areas.  A continued rise in cases could affect the city’s reopening of schools.

New virus developments come as NYC prepares this week to reopen public schools and permit restaurants to allow some indoor dining. A surge in the virus and the slow return to the workplace suggests a vibrant recovery in the real economy won’t be seen this year. A direct consequence of the virus-induced downturn is the implosion of commercial real estate woes, an exodus of city-dwellers to suburbs, jump in murders and homelessness, and the collapse of small businesses.

So again, remind us how the real economy is in a “V” recovery? 

Image: Pixabay

Source: https://www.zerohedge.com

Mexican Supreme Court endorses popular ruling to prosecute former presidents

By mundoenglish, 

According to a report from the EFE Agency, the Supreme Court of Justice of Mexico declared this Thursday constitutional the popular consultation proposed by the Mexican president, Andrés Manuel López Obrador, to decide whether to prosecute five former presidents of the country for corruption.

During a virtual session for the pandemic of COVID-19 and in a tight vote, six magistrates defended that asking citizens about this matter is constitutional, while five considered it outside the Constitution.

However, the magistrates agreed to review the question of the referendum that is posed to the public in order to avoid conditioning the rights of the five former presidents.

Against all odds, the Supreme Court thus endorsed the initiative of López Obrador, who assumed power in 2018 with a fierce speech against the corruption of previous governments and proposed that citizens choose whether the current government should investigate and, where appropriate, bring former presidents to trial.

After a heated debate, the majority of the members of the Court rejected the project proposed by the magistrate Luis María Aguilar, who considered the consultation a “concert of unconstitutionality”.

Fight Sex Trafficking by Volunteering

By Guest Writer Jared:

Sex trafficking is a truth that most people prefer not to dig into. However, this problem reality needs to be fought! If you are willing to fight back, then the following guide should help you get involved in fighting back.

Educate Yourself

You want to do your part, and that’s great. Chances are, there’s an organization near you where you can get involved and volunteer, but one way to start is to educate yourself.

There are a few things to look for. If the person you are worried about can’t speak without someone being around, then there might be something there. One of the best ways to approach this is to simply take a human trafficking awareness course to help you spot potential victims. This will give you the tools needed to make you more aware when a threat is close by.

Call it In

It is easy to feel angry and to want to do something about sex trafficking. The moment you see it or suspect something, this is the moment you have to show some constraint. You can get so involved that you try to solve the issue yourself, but this would be a mistake.

This is a very dangerous problem, so it’s better to just call it in if you suspect something is wrong. You can call the police, or you can call your local sheriff’s office. Another thing that you can do is call the government-run hotline. This will connect you with the right people. These folks are trained professionals that will address this issue safely.

Get Involved Politically

The next step you can take is to get involved politically. The people who represent you are supposed to work for you. Local, state, and even federal government representatives are all working for you.

Send them an email, give them a call, or write them a letter regarding your concerns about this kind of trafficking. The person you contacted should respond to you, and you can use that answer to inform your next vote. Get rid of the people who aren’t working to improve people’s lives, and that’s one way to fight back politically.

Organize and Fundraising

The chances are high that there’s an organization nearby that is attempting to fight this problem. You can volunteer there, but if you’ve got fundraising skills, then you can use those to raise some cash.

The money you raise can be offered to organizations you believe are doing their best to fight this evil. You can split up the funds among several organizations to try to provide the most help all around. If you are going to fundraise, make sure you use your specific talents to get the most out of the event.

Spread the Message

It may not seem like a big deal, but awareness can help fight this type of crime. The problem is figuring out how you can spread this message around even though there is only one of you.

Remember that you don’t have to talk to every person you know. Use media to help move this conversation along. Documentaries and movies are dealing with this subject. Find these forms of media and show them to friends or family members. Awareness can inspire others to join the cause along with you.

Choosing the Right Career

Sometimes, the best way to fight back is to choose a career that’ll help you do so. This is a big choice, but if you feel strongly and are driven enough, then this choice is for you.

There are a number of careers to choose from like becoming a lawyer or maybe focusing on journalism so that you can learn how to dig up these operations and expose them. You could also get involved in medicine to help victims recover. The career of a cop could also work for you though this is a dangerous profession, so keep that in mind.

There are many ways to improve this situation. By building awareness, volunteering and getting involved in a way that allows you to impact others, this will allow us all to combat this monstrous crime.

 

Pelosi’s entire family has generational corruption, tied to 4 families that have run CA for 80+ years like Game of Thrones

 

This was an article posted in October 2019 by bronxboston from investmentwatchblog.com, although it fits today’s events as well.  If you can find the video that went with this article, please forward as it has been taken down by YouTube.

 

Insider trading:

House Democratic Leader Nancy Pelosi’s husband bought up to a quarter million dollars of stock in a now financially troubled green energy company just weeks before it announced a major 2014 acquisition that sent stock prices soaring, public records show.

SunEdison told regulators last week that it is eyeing bankruptcy under the weight of $11.7 million in debt. But in late 2014, investors were bullish on the company, which manufactures and operates solar and wind power facilities.

Its 2014 purchase of wind energy company First Wind “further bolstered the reputation of the company,” wrote one market-watcher at the time. “Perhaps unsurprisingly, SunEdison’s stock soared an astounding 29% on news of this acquisition alone.”

Pelosi’s husband, Paul Pelosi, had invested just in time. He bought between $100,000 and $250,000 in SunEdison stock on Oct. 24, 2014, according to congressional financial disclosures. The company announced its First Wind acquisition on Nov. 17.

Pelosi’s office did not respond to questions about the timing of the purchase and whether she or her husband had any advance knowledge of the deal.

 

The Securities and Exchange Commission (SEC) charged a company cofounded by Paul Pelosi Jr. with fraud on Wednesday after learning that two convicted criminals were running the business.

Paul Pelosi Jr., the son of House Minority Leader Nancy Pelosi (D., Calif.), was the president and chief operating officer of Natural Blue Resources Inc., an investment company he cofounded that focuses on “environmentally-friendly” ventures.

The SEC charged four individuals with fraud, including former New Mexico Gov. Toney Anaya, and suspended trading in the company’s stock. Pelosi owned over 10 million shares in the company in 2009.

The SEC said Wednesday the company was “secretly controlled” by James E. Cohen and Joseph Corazzi, both of whom had previous fraud convictions. Corazzi violated federal securities laws and was barred from acting as an officer or director of a public company. Cohen was previously incarcerated for financial fraud.

Cohen and Corazzi said they were “outside consultants,” but according to the SEC, they actually controlled Natural Blue’s business decisions “without disclosing their past brushes with the law to investors.” The pair made hundreds of thousands of dollars off the company.

Cohen and Corazzi concealed their involvement through a so-called ‘consulting’ agreement, but their influence over the issuer spread much further,” said Andrew J. Ceresney, director of the SEC’s Enforcement Division. “Investors in Natural Blue had a right to know who was running the company behind the scenes.”

The SEC suspended trading in Natural Blue stock. A notice filed in the Federal Register on Wednesday by Jill M. Peterson, assistant secretary of the SEC, revealed that the company has not filed any periodic reports, which are required by law, with the SEC in four years.

“It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Natural Blue Resources, Inc. because it has not filed any periodic reports since the period ended September 30, 2010,” Peterson said, in the order announcing suspension of trading.

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CohenCorazziAnaya, and Erik Perry, a former executive at Natural Blue, were all charged with federal fraud violations. Anaya, who was Governor of New Mexico from 1983 to 1987, and Perry “misled investors by failing to disclose that Cohen and Corazzi were running the company in spite of their criminal or disciplinary histories,” the SEC said.

Natural Blue and its officers attempted an end-run around the rules designed to prevent recidivists from getting their hands on the controls of public companies,” said Paul Levenson, director of the SEC’s Boston Regional Office.

“While Natural Blue was ostensibly led by Anaya and subsequently Perry, management decisions made by Cohen and Corazzi resulted in no revenues or viable business operations for the company,” the SEC said. “Anaya and Perry each deferred to Cohen and Corazzi in derogation of their responsibilities.”

The SEC said Natural Blue made “various material misrepresentations about the company, its contracts, and its anticipated revenue in a February 2011 press release as well as on a website and verbally to investors.”

There is some dispute over Paul Pelosi’s current connection to the company.

m.washingtontimes.com/news/2014/jul/17/company-co-founded-nancy-pelosis-son-charged-secur/

Also pillaging Ukraine:

www.informationclearinghouse.info/52341.htm

October 04, 2019 “Information Clearing House” –  Quid-Pro-Joe and his son Hunter are not the only Democrat family members cashing in on their prominent positions.

Nancy Pelosi’s son Paul is also on the board of an energy company.

Paul Pelosi Jr. also traveled to Ukraine.

AND — Better Yet — Speaker Nancy Pelosi even appears in the company’s video ad!

According to Patrick Howley at National File Speaker Pelosi’s son Paul Jr. was an executive at Viscoil.

Paul Jr. traveled to Ukraine in 2017.