Why I won’t forget the 2020 market crash when buying stocks in 2021

first_img FREE REPORT: Why this £5 stock could be set to surge See all posts by Peter Stephens Get the full details on this £5 stock now – while your report is free. Why I won’t forget the 2020 market crash when buying stocks in 2021 Peter Stephens | Wednesday, 3rd February, 2021 Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Simply click below to discover how you can take advantage of this. The 2020 market crash caused a wide range of shares to experience major price declines. For example, the S&P 500 declined by a third in a matter of weeks as investors began to price in a weaker economic outlook.Even though there’s been a stock market rally since then, the crash acts as a reminder that the stock market can be hugely unpredictable and very volatile.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Therefore, buying financially-sound businesses and diversifying in 2021 could be a sound move that lowers risks during what remains a very uncertain economic situation.The ongoing potential for a market crashThe 2020 market crash occurred in a shorter amount of time than previous bear markets. But it wasn’t an unprecedented event in terms of share prices falling heavily in a matter of weeks. For example, there have been previous rapid declines in the stock market, notably in the dot com bubble and the global financial crisis.Predicting such events is almost impossible. Therefore, they could occur at any time without any prior warning. The economic outlook remains very uncertain at the present time. So there may even be a higher chance of a market decline in the coming months. While this may or may not take place, being ready for it at all times could be a means of reducing risk and capitalising on a possible recovery in its wake.Buying financially-sound businessesEven though most shares fell heavily in the 2020 market crash, buying financially-sound businesses could be a shrewd move. The stock market declined partly because of a weaker economic outlook caused by coronavirus. As such, it could have a larger negative impact on companies with weak balance sheets that contain large amounts of debt. They may be less able to service their debt should sales fall than a company that has lower leverage.Of course, buying even the most financially-stable business will not make any investor immune from a stock market fall. However, it can mean their holdings have a higher chance of still being in existence. And that also means they can benefit from a potential market recovery as the economic outlook improves and investor sentiment strengthens.Building a portfolio for 2021The 2020 market crash also showed that some sectors can be worse affected than others by a downturn. For example, at the present time industries such as financial services and resources are underperforming many of their index peers due to relatively weak operating conditions.As such, owning a variety of companies that operate in a broad range of industries could be a shrewd move. This strategy won’t eliminate risk entirely. However, it could reduce overall risks during the course of 2021 and in the coming years. Especially with the economic and stock market outlook continuing to be very unpredictable because of the ongoing pandemic.last_img read more

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Times need Christian witness of Episcopal Church, Curry tells council

first_imgTimes need Christian witness of Episcopal Church, Curry tells council Executive Council also faces budgets, Haiti and personnel issues Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET June 20, 2016 at 4:25 pm Our PB Curry has described our Episcopal Church quite accurtately”COMPLICITY” while other denominations–Presbyterian,Methodist,United Church of Christ… are actively demonstrating Compassionate Action for all those Voiceless and Vulnerable in the Middle East notably Gaza,West Bank,Jerusalem– we(collectively) choose to remain on the sidelines(as reflected in our House of Bishops,Conventions…) despite our Baptismal Covenant to Witness for peace,justice…basic moral Christian/Islamic/Judaic values. Yet the Episcopal Church remains strongly supportive of the U.S. policy in Selective Compassion–for only those who reflect the corrupt power/political establishment(e.g.”Party Loyalty/Party Schmoyalty–Israel Comes First:Senator Patty Murray(WA);Demo Presidential candidate Hillary Clinton;Senator Charles Schumer(NY)… and on&on Israel’s Biggest$$$$$$$$$$$ supporters/recipients)! And where is the Episcopal Church in the Middle East?? Who is representing Christian community which has diminished to less than 2% midst ever-increasing Brutal Israeli Defense Forces Occupation in the West Bank w/settlements (Remax Real Estate, Ben&Jerry’s soda shops…) And who gives voice and representation on-site for our Archbishop Dawani and the Muslim community other than for each other as they have in past centuries??!! It appears that the early zionist master plan to usurp the land of Palestine for political design is succeeding in full force despite the warnings and historical data attesting to this factual ethnic cleansing of Palestine–and the U.S. “redrawing” the map of the Middle East with Death and Destruction, refugees… as merely collateral damage. When will our Episcopal Church become the spiritual force and leader(ship) so desperately needed?! The Rev. Mally Lloyd, Executive Council member from the Diocese of Massachusetts, speaks June 8 during a meeting of council’s Joint Standing Committee on Finances for Mission. Program, Budget and Finance committee member Barbara Miles is to her left, as is Treasurer Kurt Barnes and staff member Nancy Caparulo. Photo: Mary Frances Schjonberg/Episcopal News Service[Episcopal News Service – Chaska, Minnesota] There’s energy, life and vitality in the Episcopal Church, Presiding Bishop Michael B. Curry told the Executive Council as it opened its June 8-10 meeting here.“I really believe that we’re on the right track,” Curry said in his opening remarks.He told council that his repeated call for the Episcopal Church to embody the Jesus Movement is not “a 21st century invention or a Michael Curry rhetorical concoction.” The presiding bishop said instead that New Testament scholars refer to the beginnings of Christianity as the Jesus Movement.“When we use the phrase Jesus Movement we’re actually pointing back to the earliest days of Jesus’ teaching and his followers following in his way and footsteps in the power of the spirit. That’s what we’re really talking about,” he said. “And we’re really talking about reclaiming the heritage of the acts of the apostles, the heritage of the movement of people who were profoundly convicted by Jesus of Nazareth that this dude really did have something to say and really did help folks get closer to God and each other – that this Jesus of Nazareth really mattered.”The baptismal covenant’s vows to follow Jesus is “not rhetorical flourish” but instead is “Christian witness and Christian witness that is particularly needed our times,” Curry said.In the current political season and in the culture as a whole there is “some real polarization; an atmosphere where bigotry – rank bigotry – is often enshrined in laws. This is Jim Crow stuff again, enshrined in laws, and where rank bigotry can be articulated in the public sphere as if it is legitimate discourse,” he said. “That’s a problem. I’m not making a Republican or Democrat statement. This has nothing to do with partisanship now; this has to do with citizenship.”Curry warned that Christianity is very often seen as being complicit in the culture. “So a witness to a way of being Christian – this is where evangelism does matter by this church and where racial reconciliation does matter by this church – a witness by a church like the Episcopal Church to a way of being Christian that is not complicit in the culture but complicit in following Jesus and looking like Jesus of Nazareth: loving and caring and serving in the way that we see Jesus doing it in the New Testament. That is a counter-narrative to a narrative of narrowness, of bigotry and polarization.”“I believe this church and people in this church can bear that witness – Episcopalians who are Republicans and Episcopalians who are Democrats, the via media, the sensible center, that’s who we are,” he said. “The Jesus Movement embodied in the Episcopal Church and in Episcopalians has profound cultural significance and may well have global significance as well.”Excerpts of Curry’s remarks are available here.The Rev. Gay Clark Jennings, president of the House of Deputies and vice chair of council, used her opening remarks to call on the council and the church to consider gender equality in the Episcopal Church as it approaches the 40th anniversary on Sept. 16 of the General Convention’s vote to approve the ordination of women as priests and bishops.Jennings said the commitment to gender equality in the church must focus clearly “on the church as it is today, not the church as it was on Sept. 16, 1976.”“In particular, too often I hear us measuring gender equality in the church by counting how many educated, privileged women sit in positions of hierarchical authority,” she said. Using that measurement “could lull us into believing that the church will be transformed primarily by women who succeed in systems built and shaped by patriarchal authority,” she said.Instead, the church must change “the systems that have promoted inequality for so long and continue to reinforce it for the vast majority of our sisters, lay and ordained,” Jennings said.In addition the whole church must “strive on behalf of all women in our churches and communities – women who struggle to find and afford quality childcare, women who are trapped in violent relationships or are enslaved by addiction, women who work long hours in poor conditions at low-wages to support their children, women who do not have access to adequate health care and birth control, women who lack documentation and live in fear of deportation.”And given the “life-threatening conditions” in which transgender women often find themselves, Jennings said, “we must be sure that our quest for women’s equality does not define gender identity in ways that exclude them or silence their voices.”Also during the plenary:* Treasurer Kurt Barnes reiterated a warning he gave council at its last meeting in February about drawing too much money from the church’s investment income. Recent budgets have been based in part in taking more from the church’s investment income than what had been its normal annual 5 percent. The 2016-2018 budget is based in part on an effective 5.75 percent investment income draw. The church has nearly $356 million in investments, including about $110 million invested for other Episcopal Church entities and about $180 million in long-term assets available to support the budget, according to Barnes’ report. While the church’s investments have outperformed other investing and index funds, Barnes said there is a “but.” The high dividend draw “is eroding the future purchasing power of the trusts,” he said. Investment models show that going forward the portfolio is likely to earn 7.4 percent, a half-percent lower than historically expected. However, the portfolio would have to earn 8.4 percent annually to sustain the principal, a rate that would require riskier investments. “The arithmetic makes it harder for us to produce a return that keeps the portfolio whole,” Barnes said. The council’s own investment committee, which is an advisory body, passed a resolution May 20 recommending reducing the annual investment income draw in the 2019-2012 budget to 4.5 percent by 2021, with no exceptions for special requests.* Council heard Tara Holley, director of development, say there is much work to be done to get her department up to the standards that will enable its staff to successfully raise money for major projects. She told council members that the department does not have a strategic plan; positions remain open; a donor database is incomplete and does not have a manager; on-going cultivation of current donors is minimal; and there are no presentation materials for planned projects. These projects include ones in Haiti that exceed $22 million, multiple ones in Navajoland Area Mission  and a new building for the Archives of the Episcopal Church, plus a number of programs and projects related to reconciliation and the Jesus Movement.Holley also told council members that Curry had pushed “the pause button” on Haiti fundraising “for a few weeks” in order to be able to assure donors the level of accountability they expect.“We’re looking for accountability, for transparency, for leadership, thoughtful reporting, accurate reporting, and job descriptions … that will make things in Haiti run more smoothly,” Holley said. Curry added that he called for the pause after listening to all the parties involved in helping Haiti rebuild after the 2010 earthquake. While it is clear that the work is a priority, the presiding bishop said, the work must be done “in such a way that we can engender enough confidence so that a [fundraising] campaign can actually get the job done.”* The members moved into an executive session to “receive confidential briefings on personnel matters,” according to Jennings’ motion for the session. Before she made her motion, Curry told council that the session was needed not to discuss a new “great crisis” but, rather, to update council “on the work and progress that we’ve been doing together – good, positive things” and “we thought it was most appropriate to do that in executive session.”This council meeting is the first since the departure of three senior managers who had been on administrative leave since Dec. 9, 2015, pending an investigation into formal complaints and allegations from multiple members of the presiding bishop’s staff that the three had violated personnel policies.On April 4, Sam McDonald, deputy chief operating officer and director of mission, and Alex Baumgarten, director of public engagement and mission communications, were terminated after that investigation found they “violated established workplace policies and to have failed to live up to the church’s standards of personal conduct in their relationships with employees, which contributed to a workplace environment often inconsistent with the values and expectations of the Episcopal Church.”Curry also announced that Bishop Stacy Sauls would not continue as chief operating officer even though he had “operated within the scope of his office,” did not violate workplace policy and was unaware of the policy violations by McDonald and Baumgarten (both of whom reported to him).Council met in its five committees during the afternoon of June 8. Council members will reconvene in plenary session the morning of June 9 before heading back into committees. On June 10 those committees will each report to the full body, proposing resolutions for the full body to consider.The meeting is taking place at the Oak Ridge Hotel and Conference Center in Chaska, a southern suburb of Minneapolis and St. Paul.The Executive Council carries out the programs and policies adopted by the General Convention, according to Canon I.4 (1). The council is composed of 38 members – 20 of whom (four bishops, four priests or deacons, and 12 lay people) are elected by General Convention and 18 (one clergy and one lay) by the nine provincial synods for six-year terms – plus the presiding bishop and the president of the House of Deputies. In addition, the vice president of the House of Deputies, secretary, chief operating officer, treasurer and chief financial officer have seat and voice but no vote. – The Rev. Mary Frances Schjonberg is an editor and reporter for the Episcopal News Service. Rector Pittsburgh, PA Director of Administration & Finance Atlanta, GA Assistant/Associate Priest Scottsdale, AZ Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector and Chaplain Eugene, OR Curate Diocese of Nebraska June 8, 2016 at 9:25 pm Presiding Bishop Curry continues to attempt to lead the church to the New Testament imperatives. Each person should ask the question, “what do people standing at a distance see in the church’s witness? Although gender equality is an important issue in our country which we as citizens should support wholeheartedly as a good and worthy achievement, we should consider whether such emphasis fulfills our responsibility to teach and to use all of our resources to spread the good news to the people in our communities and to the world. To God’s call in the Torah and the prophets, the response was to be, “Hineini!” (“Here I am.”) That is the evangelism that should characterize our witness in the world. Thank you presiding Bishop Curry for guiding us to ward are Christian destiny. An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Submit an Event Listing Rector Collierville, TN Ronald L. Reed says: Rector Albany, NY Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit a Job Listing Rector Hopkinsville, KY Cathedral Dean Boise, ID Priest-in-Charge Lebanon, OH Presiding Bishop Michael Curry Rector Smithfield, NC Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET June 9, 2016 at 10:54 am Focus on basics is at the core of this message. Jesus of Nazareth and his disciples are the source of our faith heritage and Bishop Curry’s ministry. Our Holy Land is continuously engulfed in political turmoil, but at its heart, there are Christians and others striving to live good lives in Jesus’ image. How can we include them in our Jesus Movement? Assistant/Associate Rector Washington, DC Rector Washington, DC Associate Priest for Pastoral Care New York, NY June 8, 2016 at 10:14 pm I appreciate PB Curry’s sentiments, using the word with careful definition. And I do share his sentiments in general; however, as I know how to use the word, sentiment, I do not trust my ability to objectify my own thinking outside of my culture nor do fully I trust anyone else’s, including his. Having worked on the staff of two PB’s, one Bishop, being Rector on three occasions, I am at best humbled by the Church’s attempt to be prophetic when in historic perspective, I think we have been far too confident in our superior judgement. I, rather, have more desire for our ability to be compassionate in pastoral ways than our ability to be right, notably over and against our so-called unenlightened antagonists. I register a cautionary note when we think we proclaim how we are such excellent Jesus followers. . . Featured Jobs & Calls Director of Music Morristown, NJ Curate (Associate & Priest-in-Charge) Traverse City, MI In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Associate Rector for Family Ministries Anchorage, AK Rector Bath, NC Rector Belleville, IL Executive Council, Press Release Service Executive Council June 2016, Assistant/Associate Rector Morristown, NJ Rector Martinsville, VA Dr. Erna Lund says: Rector/Priest in Charge (PT) Lisbon, ME TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Hugh Hansen, Ph.D. says: Anne Lynn says: Course Director Jerusalem, Israel Family Ministry Coordinator Baton Rouge, LA Rector Shreveport, LA Associate Rector Columbus, GA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Tags Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Priest Associate or Director of Adult Ministries Greenville, SC Submit a Press Release Rector Tampa, FL Bishop Diocesan Springfield, IL Hugh Hansen, Ph.D. says: Rector (FT or PT) Indian River, MI Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Comments are closed. Comments (5) Youth Minister Lorton, VA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Canon for Family Ministry Jackson, MS Rector Knoxville, TN Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Featured Events June 9, 2016 at 8:29 am Perhaps Mr. Reed could clarify his comments where we can make some assessment of the points he makes: about sentiments, objectifying is own thoughts outside his own culture, the church’s “Superior judgments” of the past and “we proclaim how we are such excellent Jesus followers…” I am relatively new to the Episcopalian church but I have studied relentlessly for four years into its history, statements of belief, and it’s liturgy. I have been overwhelmed by the beauty I find in all of these places. However, it seems to me that the ” superior judgments” are a maladie that belongs to the church of the last decade or so. I have heard no prattling or pompous pride in our excellence as Jesus followers. I have seen much pride in those who do not wish to follow Jesus teachings and take an alternative theological bent. New Berrigan Book With Episcopal Roots Cascade Books Missioner for Disaster Resilience Sacramento, CA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis By Mary Frances SchjonbergPosted Jun 8, 2016 last_img read more

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House of The Yellow Ipê / Leo Romano

first_imgCopyAbout this officeLeo RomanoOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesResidencial Aldeia do ValeBrazilPublished on June 20, 2019Cite: “House of The Yellow Ipê / Leo Romano” [Casa do Ipê Amarelo / Leo Romano] 20 Jun 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogFaucets / SinkshansgroheKitchen SinksGlass3MSun Control Window Film in MarkthalPartitionsSkyfoldIntegrating Operable Walls in a SpaceRetractable StructuresShadeFXRetractable Canopies in Beverly HillsPanels / Prefabricated AssembliesIsland Exterior FabricatorsSpecialty Facade SystemsWoodSculptformTimber Tongue and Groove CladdingSkylightsVELUX CommercialLonglight 5-30° – Modular SkylightsBars / Wire / MeshJakobWebnet – Sports NetSuspension SystemsMetawellAluminum Panels for Ceiling SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteHanging LampsLuminisPendant Lights – HollowcoreHandicap BathroomAamsco Lighting, Inc.Mirror-Lux LED Illuminated MirrorMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/919352/house-of-the-yellow-ipe-leo-romano Clipboard Area:  482 m² Year Completion year of this architecture project House of The Yellow Ipê / Leo Romano House of The Yellow Ipê / Leo RomanoSave this projectSaveHouse of The Yellow Ipê / Leo Romano Photographs:  Edgard César Manufacturers Brands with products used in this architecture project Brazil Projects “COPY” CopyHouses•Residencial Aldeia do Vale, Brazil Manufacturers: Florense, Aldeia, Az, Bela Arte, Interpam, UniflexSave this picture!© Edgard CésarRecommended ProductsDoorsJansenDoors – Folding and SlidingDoorsAir-LuxPivoting DoorDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemLightsVibiaCeiling Lights – BIGText description provided by the architects. The residence located in the Residencial Aldeia do Vale in Goiânia, had a centennial Ipê Ama-relo as the main element for the definition of the architectural party. In the longilineal terrain, of 25m of the front by 100m of depth, the access to the house takes place by a catwalk that takes us to the main entrance. Save this picture!© Edgard CésarSave this picture!Floor PlanSave this picture!© Edgard CésarWhen you cross the portico, the house reveals itself without details: the whole social part integrates with the leisure and emphasizes the amplitude and usability of the spaces. From the other side, the circulation leads to the rooms guaranteeing privacy to the intimate sector.Save this picture!© Edgard CésarSpecial attention to the volumetry in which the wall of the circulation circumvents the yellow Ipê and creates an office. See also that a curved slab makes the transition between social and intimate environments. Ipe House: home to be happy!Save this picture!© Edgard CésarProject gallerySee allShow lessTerrazzo is Back: Production, Installation, and Samples in ArchitectureArticlesThe House of Meche: Workshop of Local Construction Practices / ENSUSITIO ArquitecturaSelected Projects Sharecenter_img ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/919352/house-of-the-yellow-ipe-leo-romano Clipboard Year:  “COPY” Houses 2018 Architects: Leo Romano Area Area of this architecture project Photographs Save this picture!© Edgard César+ 33Curated by Matheus Pereira Share ArchDailylast_img read more

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November 1918: Revolt of Germany’s North Sea sailors ends World War I

first_imgCentral Europe, November 1918. It took only nine days for the North Sea Fleet sailors’ revolt to reach Berlin and end Kaiser Wilhelm II’s rule. Map: J. CatalinottoBy this time 100 years ago, World War I — fought mainly among the imperialist powers in Europe and rightfully called “The Great Slaughter” — was finally drawing to a close, its end accelerated by the 1917 Russian Revolution a year earlier. There was no “good side” in this war that brought death to 20 million people. The major states on both sides of the 1914-18 war — Britain, France, Russia, Germany and Austria-Hungary — were all oppressor nations, as was the United States, which did not enter World War I until April of 1917. This article focuses on developments in Germany, especially the events in the first nine days of November 1918, when an uprising of sailors of the North Sea Fleet ended the war and forced the German ruler, the Kaiser, to abdicate. The text is from Chapter 16, “The Revolt of the Kaiser’s Blue Youths,” in the book: “Turn the Guns Around: Mutinies, Soldier Revolts and Revolutions” by John Catalinotto. Part 1: The Revolt of the Kaiser’s Blue YouthsWhen Germany declared what was to become World War I, its rulers promised that the war would last only a few months.  Kaiser Wilhelm II and the German General Staff said that the army’s rapid and glorious victory would allow Germany to annex parts of Belgium and France and increase its colonial rule in Africa and the Middle East.  They told this to the ruling class — the industrialists, bankers and landowning nobility — and they told it to the masses of workers and farmers.Germany lacked access to the resources that would allow it to maintain the living standards of its population and field a mass army during a long war of attrition. It needed a quick victory. The German rulers may even have believed that their promised rapid results would come true. This self-deceit left their politicians and generals unprepared for what became four years of grinding slaughter.Without organized opposition to the war as in Russia (where from the beginning the Bolsheviks fought against the war) from Germany’s powerful Social Democrats, the German workers offered little resistance to the ruling class’s enthusiasm for conquest as the war began. Many Germans were caught up in a chauvinistic war fever in the summer of 1914 that was mirrored in France and Britain. Millions of young German men volunteered not only to join the military but also to go to the front. They imagined war would be an ennobling opportunity to exhibit one’s courage and skill in battle.Ernst Toller, a socialist leader and writer, in the book “A Youth in Germany,” provided his personal experience to illustrate how the mood of large sections of the German population changed between 1914 and 1918 as the German war effort collapsed. Toller was a German Jew who grew up in East Prussia in a town whose working class was mostly of Polish origin. Like nearly all his contemporaries, he volunteered for the army and for the front. He aimed to prove his heroism in battle.At the front, all it took was one morning spent in a ditch in a French town in the company of some uniformed German cadavers to erode Toller’s patriotic fantasies. He was not the only German, French or British soldier to have his fairy tales laid to rest after a few weeks in the grim trenches on the Western Front.Instead of glorious contests of skill and courage, what they experienced was the overbearing damp, cold, hunger and boredom of trench warfare, broken only by the occasional thud of artillery and the fear of a sudden or, worse, a lingering death. Any glory-seeking commander who ordered his troops forward out of the trenches saw them mowed down by withering gunfire or poison gas.In the infamous battle of the Somme in France, for example, fought from July to November 1916, there were 420,000 British, 200,000 French and 500,000 German troops killed, wounded or missing.Life grows more miserable at homeMeanwhile, life at home grew steadily more miserable for most Germans. The British fleet imposed a tight blockade, which cut the German population’s access to food and warmth. According to German war propaganda, a glorious victory was near. Always. Each year it was harder for the German population to believe in victory, and this lie fell apart completely in the summer of 1918.Ralph Haswell Lutz, a member of the American Military Commission in Berlin in 1919 and a historian, wrote about how the German Army attempted a last-ditch offensive on the Marne River in April 1918 that collapsed and then succumbed to a French counteroffensive in July: “The failure of the Germans in the second battle of the Marne is the first cause of the German revolution.”Lutz described the organized political opposition to the war: “More important than the enemy propaganda was the attempt of certain groups of Independent Socialists to undermine the fighting power of the army. Since the failure of the general strike in Germany in January 1918, these groups worked systematically for the overthrow of German militarism. Thousands of strikers who were sent to the fighting lines helped to spread this propaganda among the troops.”The German state sent the unionized workers to the front to punish them, but the workers struck back by organizing inside the army.Germany’s allies began to desert and sign separate peace agreements; Bulgaria signed on Sept. 30, 1918. By the first week of November, Germany’s Austria-Hungarian ally had signed a peace treaty with Italy and Austria’s Kaiser had abdicated.By this time, according to Toller: “Want in Germany is growing, the bread gets worse, the milk thinner, the farmers chase the city dwellers from the fields, the city food gatherers come home with their pockets empty, the soldiers at the front, bitter about the debauchery and indulgence of the officer staff, about the misery at home, are tired of the war. ‘With equal food and equal pay, the war’d not last another day,’ sing the soldiers.”One might expect that the rebellion would hit first among the vast infantry forces that had suffered so much and with little recognition or glory. On the contrary, it was the cream of the Kaiser’s forces, the sailors, who were to lead the way. They had first rebelled in 1917, but the final revolution began at the end of October in 1918.Toller continues: “The sailors of the fleet, the Kaiser’s blue youths, are the first to rebel. The High Seas Fleet is set to sail on a suicidal mission; the officers would rather ‘die with honor than accept a shameful peace.’ The sailors, who were in 1917 already pioneers of the revolution, refuse; they put out the fires powering the ships. Six hundred men are arrested. The sailors leave the ships, storm the prisons, take over the city of Kiel, then the shipyard workers team up with them, and the German revolution has begun.”Part 2: Workers and soldiers councils seize German citiesErich Kuttner, an anti-war Social Democratic Party member and organizer who had been wounded at the front and, like Ernst Toller, a writer, described the sailors’ rebellion. By Nov. 20, just three weeks after the rebellion had broken out, Kuttner, a sympathetic participant, had written a 30-page pamphlet about the spread of the revolt and the heroism of the mutinous sailors.Kuttner’s facts were verified in another pamphlet that described the same events, but one that was written by a naval officer. Lt. Cmdr. Baron Georg von Forstner was a submarine commander whose description was hostile to the rebellious sailors, excoriating them for “cowardice.” These two contrary evaluations of the Kiel sailors’ rebellion nevertheless corroborate the external facts described here.Unlike the infantry, which recruited heavily from among the millions of German farmers, the navy needed able sailors with experience using modern machinery. For this reason it recruited from the working class in the industrial cities. Because they had been workers who were often active trade union members, this meant they had the habits of unionists and often had contact with the Social Democratic Party. While this party’s majority leadership was still cooperating with the war effort, many members had turned against the war.Also, work on ships was difficult, exhausting and stressful. Combat was deadly. There were 14-hour shifts where a sailor’s whole life was surrounded by steel floors and gates. As Kuttner describes it, the big warships were a cross between factories and prisons. There was little human contact between the overworked sailors and the privileged officers, who, like civilian bosses, ate separately with much better food. Officers’ orders allowed no questioning; they only demanded obedience.On Oct. 28, the admiralty issued orders to Adm. von Hipper to proceed with the fleet to the Belgian coast. This move was allegedly an attempt to use the fleet to relieve German land troops in a battle in Flanders. But the sailors didn’t trust the naval command. The admiralty was a hotbed of ultra-patriotic “Pan-German” officers. This group had always been the most aggressive, pushing for war. They also refused to admit Germany’s defeat.Whether these ultraright officers really had ordered a suicide mission on Oct. 28 was unclear. Von Forstner denied it. Kuttner wasn’t sure. Whatever the reality, the sailors knew their superpatriotic officers were intransigent and believed them capable of sending the fleet on a suicide mission. And the sailors had no wish to commit suicide.Sailors reject suicide missionOtto, a sailor in the North Sea Fleet, on Nov. 2, 1918, wrote to his father, a Social Democratic representative in the German Reichstag: “We shook each others’ hands heartily with the words, ‘Victory down the whole line.’ … I must share this with you, that if the armistice isn’t signed soon, that the most awesome military revolt will break out here and we will be forced to make our way back to our homeland with weapons.” (Kuttner)Otto also wrote that the sailors believed this was an order for a suicide mission. Rejecting suicide, the sailors refused to hoist the anchors on some ships. On others, the stokers put out the fires that created the steam that drove the ships.When sailors on Otto’s ship heard of these refusals, his crew decided to act in solidarity with their fellow sailors and join the movement. Faced with growing insubordination, the officers kept postponing the hour for the ships’ sailing: first, from 3 a.m. to 7 a.m., then, to 8:15 a.m. In the end, no ships sailed toward Flanders.When the ships all returned to German ports, some to Kiel on the Baltic Sea in Schleswig-Holstein, others to Wilhelmshaven on the North Sea in Lower Saxony, the naval authorities in Wilhelmshaven arrested 600 of the sailors who had taken part in the work stoppage, with focus on the leaders, calling the rebellion a mutiny. Von Forstner called all the rebellious sailors “cowards” whose fear of dying stopped the ships. More to the point than their physical courage, however, was their political consciousness.Kuttner wrote: “But the first experience of struggling together successfully had made the sailors aware of their strength and their feeling of solidarity grew extraordinarily. The sailors of the Third Squadron in Kiel demanded the release of their imprisoned comrades, and, when this was refused, they called for a protest assembly on Saturday, Nov. 2, at the union hall. By now this not only would make demands for a release of the comrades, but would protest the entire system of bad treatment on board the ships and the inadequate food and accommodation.”The authorities ordered sailors taking part in the protest to go nowhere near the union hall. This order only got the sailors angrier. They called a mass demonstration that reached beyond the fleet to Kiel’s working class. Each step the officers took to stop the protest — like ringing alarms — made more sailors aware of the revolt and forced them to choose sides.Officers fire on demonstratorsSome 3,000 began to march through the barracks, calling on more sailors to join them. Then they ran into a roadblock of naval officers — 48 mates and trainees — on the way to the military prison. The mates fired on the demonstrators, first a salvo of blanks and then lead. They killed eight demonstrators and wounded 29, including some from worker families.Some sailors, too, were armed. They fired back, severely wounding the lieutenant commanding the mates. Kuttner: “Taking their cue from the Russian Revolution, the troops elected a soldiers’ council, which ordered and carried out the general arming on the morning of Nov. 4, when 20,000 rifles with sixty cartridges each were distributed.”That same morning, the ships of the fleet flew red flags, wrote Von Forstner, “their officers surprised and pushed overboard.”The military command then sent four infantry companies from the Kiel battalion against the sailors. Instead of shooting at the sailors, the infantry companies negotiated with their leaders. Three infantry companies joined the rebellion. The other allowed itself to be disarmed. Kiel’s organized working class joined the general strike. Without another shot being fired, the city was in the hands of the workers’ and soldiers’ council, elected by the sailors, infantry and organized workers.The workers and sailors grew confident; the top officers grew anxious. The Schleswig-Holstein Folks’ Newspaper wrote: “The cold sweat of fear glowed on the white foreheads of the admirals and captains as they negotiated with the fresh young sailors, whose eyes gleamed with the happiness of a better future.”The sailors knew the only way they could escape severe punishment was to spread the rebellion far beyond Kiel. Commandeering the ships in the fleet, they moved the struggle along Germany’s northern coast. Wherever the sailors landed, organized workers went on strike and joined them.Army troops join movementThe generals sent the army out to crush this movement of sailors and workers. Before shooting, however, the army troops held discussions with the sailors — and then joined the movement:“It was revealed how rotten the old system had become. Often all it took was the landing of a small unit of armed sailors to bring large and important cities into the hands of the revolution within a few hours.” (Kutter)By Nov. 6, the harbor cities of Cuxhaven, Rendsburg, Brunsbüttel and Warnemünde-Rostock, among others, were in the control of workers’ and soldiers’ councils. On the same day, the movement won an outstanding victory. In Hamburg, the second-largest city of the German Empire, which happened to be near the coast, workers laid down their tools on the docks and in many factories. Ships in the harbor raised the red flag. On the streets, patrols stopped the officers and disarmed them.The rebellious sailors presented an ultimatum on Nov. 6 to the military authorities with the following 14 points:The release of all those arrested and all political prisoners.Complete freedom of speech and press.Abolition of censorship of sailors’ letters.Appropriate treatment of the sailors by their officers.Sailors return to ships and barracks without punishment.Prohibition under all conditions that the fleet should set sail.Take all preventive steps to avoid bloodletting.Withdrawal from Kiel of all troops not in the Kiel garrison.Sailors’ Council has the authority to protect private (personal) property.When off-duty there is no recognition of superior officers (no saluting, saying “sir”).Unlimited personal freedom for all enlisted men off duty.Officers who accept the authority of the sailors’ Council are welcomed; the others are dismissed without claim to compensation.Members of the Council are exempt from any service.All future orders must be countersigned by the Council. All these demands must be recognized as general military orders.On the same day, Wilhelmshaven, where the rebellion began, joined the movement when more than 60,000 sailors and shipyard workers demonstrated. What was now called the Soldiers’ Council negotiated the takeover of Wilhelmshaven with the station chief. The revolt spread to the smaller coastal towns and naval stations nearby. By that time the naval uprising to stop the fleet from sailing to war had turned against the Kaiser and any remnants of the German monarchy. What had begun as a sailors’ revolt turned into a political revolution.U.S. Military historian Ralph Haswell Lutz wrote: “Although the Independent Socialists had in many instances planned uprisings for later dates, the sudden arrival of armed revolutionary soldiers and sailors furnished the leaders and the dramatic moment so essential to any revolt. It was the navy [to be precise, the rank-and-file sailors’ revolt – JC], which destroyed the imperial rule in North Germany.”Part 3: Revolution sets up Bavarian Soviet Republic, seizure of BerlinThe revolt leaped over central Germany to Bavaria in Germany’s south. Although it was part of the German Reich, Bavaria had the structure of a separate kingdom. There, as early as Nov. 3, a mass demonstration in Munich, the capital, against continuing the war freed political prisoners from Stadelheim prison.On Nov. 5, at a mass anti-war demonstration in Munich, both the Social Democratic Party and the more leftist Independent Socialists called for a meeting of the entire population two days later, on Nov. 7, the one-year anniversary of the Bolshevik Revolution in Russia. The meeting would be to demand an end to the Kaiser’s rule. That Nov. 7 afternoon, 100,000 people cheered the 12 speakers who demanded that the Kaiser abdicate.The soldiers in Munich at the Nov. 7 demonstration moved in military formation to release their comrades, who had been confined to quarters by their officers. Thus, the opening of the military revolt in Munich began with the freeing of 250 soldiers who had been confined in the military prison for their “revolutionary acts,” as their officers judged them. Soldiers in trucks with red flags patrolled the streets, and Bavaria’s capital was in the hands of the soldiers and workers.Soviets control BavariaBy the morning of Nov. 9, the southern region of Germany was controlled by the Councils of Workers, Soldiers and Peasants of the Free State of Bavaria. Bavaria’s King Louis III put up no resistance. On Nov. 13 he abdicated and fled to his estate in Hungary.The main target of the North Sea Fleet uprising was Berlin, the capital of the empire, which was the seat of power of the Hohenzollern family monarchy, of which Kaiser Wilhelm was the last ruling member. Germany’s old noble ruling class was ready by this point to try to set up a constitutional monarchy led by Prince Max of Baden if, by pushing out Wilhelm, they could save some of the old ruling structure, along with their privileges. This old structure had prepared its defense. Since 1916 the German General Staff had made plans for an elaborate defense of Berlin and the Kaiser should the masses revolt, which they apparently expected was likely as war sacrifices continued.The General Staff prepared a chain of command and set out the key points of the city to be held, from the railroad station and post office to the Kaiser’s palace. On paper, it was a perfect plan. It had only one problem: It needed obedient troops to carry it out. There were none to be found. Berlin’s population did not need Facebook or even cell phones for word to travel that the troops would not shoot down the workers.On Nov. 6, Prussian Gen. Alexander von Linsingen, who was in charge of this repressive machinery without gears, still had the arrogance to forbid a demonstration set for Nov. 7. The workers wanted to celebrate the first anniversary of the Russian Revolution. And they did. As each hour passed, even Von Linsingen was beginning to get the message. His troops were in place at key points throughout the city, but he began to doubt they would fire on the workers.Goodbye to BerlinInstead of waiting to find out, Von Linsingen said goodbye to Berlin on the evening of Nov. 8 without ever giving an order to fight. The next morning, Saturday, Nov. 9, 1918, workers spontaneously began a general strike, shutting every factory in Berlin. There was no resistance from the old government.With the empire vanished, two diverse political leaders each declared a republic — really two different kinds of republic. Karl Liebknecht, recently released from prison for his anti-war agitation and a co-leader with the still imprisoned Rosa Luxemburg of the Spartacist League, declared a socialist republic in the afternoon.Friedrich Ebert, who had rushed to beat Liebknecht to the punch, had declared a democratic (capitalist) republic two hours earlier. The two declarations signaled the struggle that was to take place between these two political tendencies.On one side, Ebert and the conservative Majority Social Democrats defended the rule of the capitalist ruling class of Germany, but without the Kaiser and eventually without any trace of the monarchy. On the other side was the Spartacist League, which was to develop into the Communist Party of Germany. The Independent Social Democrats, whom Lutz referred to as playing a role in the November revolution, held an intermediate position.Over the next two months the Majority Social Democrats did all they could to restrain the revolutionary workers from taking over the government. In mid-January 1919, they made a desperate and brutal move. They collaborated with the military officers of the Freikorps — the officer-led organization of military reactionaries — to execute the leaders of the Spartacist League.The Spartacist group was too small and weak to seize power on its own, as the Bolsheviks had done in Russia. The Independent Socialists vacillated and refused to challenge the Majority Social Democrats. Consequently, the German working class was unable to take advantage of the revolt in the military, seize power in its own name and smash the old state.Lt. Cmdr. Von Forstner made an important assertion in his pamphlet: that the rebellion came not from within the fleet but was brought in from the outside by social-democratic organizers. Von Forstner refused to believe the impulse came from the sailors themselves. Perhaps, since he was a submarine captain, he imagined the relations within the entire fleet mirrored those on his submarine, where a handful of officers, mates and ordinary sailors worked closely together, shared conditions and dangers, and depended on each other to survive in combat. Even then, Von Forstner might have overestimated the loyalty of the sailors on his vessel. Still, the hierarchical relationship on a big battleship, with much greater privilege and comfort for the officers, was more likely to accentuate class differences and antagonisms.Organizer Ernst Kuttner argued, on the contrary, that the revolutionary impulse came more from the sailors than from the worker-organizers. This is believable. For the sailors, everything was an immediate question of life and death. Also, the sailors’ living conditions on the fleet mirrored that of workers in factories, only under more repressive conditions.Is it really possible, though, to separate the political changes taking place in the working class and the population as a whole from those within the fleet? The sailors were from the working class in the major cities and had family members who were Social Democrats. Some were themselves workers and union members as civilians. Could the officers possibly isolate the sailors from these political changes among the workers? Could they isolate the workers from the revolutionary sentiments of the fleet?There is another important point: Once the sailors began to revolt, it was almost impossible for them to safely retreat without first upending the monarchy. Leaving the monarchy intact left all the sailors at risk. They had mutinied. At a minimum they faced long terms in military prisons, at a maximum, execution. From the sailors’ point of view, the struggle had to be seen through to its conclusion: political revolution.In addition — and this is essential — the sailors were armed. After the first repression in Kiel, they distributed tens of thousands of weapons and ammunition. This meant they could march into city after city, connect with striking workers and place a tacit ultimatum before the military authorities and, more importantly, before the rank-and-file soldiers: Either join us or we fight! Once discussions began, the troops on land could see that if they joined with the sailors and workers in solidarity, they would represent the new power in that city and could reach out city to city until they took Berlin.Again in history, the collapse of the capitalist military forces — albeit a temporary collapse — opened the door to a successful political revolution by dissolving the prior-existing structure and opening the path to a possible social revolution. Unlike in Russia a year earlier, however, the German working class and its disparate parties were unprepared to seize this opportunity to take power and wield it in their own class interests.Ernst Toller, whose book is quoted earlier in this article, served for six days in April of 1919 as president of the short-lived Soviet Republic of Bavaria and was jailed when the counterrevolution won. The class battle continued for 14 more years of the Weimar Republic and ended in the defeat of the workers in 1933, when Adolf Hitler’s Nazis took power.This failure to seize power eventually had tragic results for humanity. But this does not negate the historic lessons of the heroic revolt of the sailors of Germany’s North Sea Fleet.Sources:Forstner, George Günther, Freiherr von (1882-1940). Die Marine-Meuterei. Berlin: K. Curtius, 1919.  Kuttner, Erich (1887-1942). Von Kiel bis Berlin: der Siegeszug der deutschen Revolution. Berlin: Verlag für Sozialwissenschaft, 1918.Lutz, Ralph Haswell (1886-1968). The German Revolution, 1918-1919. Stanford University Publications, 1922.Toller, Ernst (1893-1939). Eine Jugend in Deutschland. Berlin, Hamburg: rororo, 2012. All translations by John CatalinottoFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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RSF asks UN to condemn Belarus crackdown on journalists, curbs on press freedom

first_imgRSF is calling on these three UN human rights experts to make every possible effort to get the Belarusian authorities to guarantee that all abuses against journalists and media and all obstacles to the freedom to inform cease at once. RSF is also asking the UN to ensure that all violations of journalists’ rights are the subject of thorough and impartial investigations, including at the international level, and that those responsible are prosecuted in compliance with international standards. News “The Belarusian authorities have violently and relentlessly suppressed the freedom to inform for more than three months, although this is a key moment for democracy and the rule of law in Belarus,” said Paul Coppin, the head of RSF’s legal unit. “It is absolutely essential that the UN should make every effort to ensure that journalists are able – freely, without impediment and in complete safety – to cover future demonstrations and all other public interest developments.” May 27, 2021 Find out more June 2, 2021 Find out more Since then, media outlets and journalists – including RSF correspondent Ilya Kuznyatsou – have been actively and deliberately subjected to violence and persecution by the Belarusian authorities with the aim, inter alia, of hampering the gathering and dissemination of information about the huge street protests in the wake of the disputed results. RSF at the Belarusian border: “The terrorist is the one who jails journalists and intimidates the public” Organisation Reporters Without Borders (RSF) has formally asked the United Nations to condemn the unprecedented violent crackdown on journalists and censorship of news and information in Belarus since President Alexander Lukashenko’s disputed reelection. “We welcome opening of criminal investigation in Lithuania in response to our complaint against Lukashenko” RSF says RSF_en Ruled by Lukashenko since 1994, Belarus is ranked 153rd out of 180 countries in RSF’s 2020 World Press Freedom Index. According to the official results, Lukashenko won another term as president with 80% of the vote in an election on 9 August that has been widely condemned as fraudulent, including by the European Union. News to go further Receive email alerts BelarusEurope – Central Asia Condemning abusesProtecting journalists ImprisonedImpunityFreedom of expressionJudicial harassmentViolence The relentless crackdown on journalists in Belarus was referred by RSF today to three UN special rapporteurs – the rapporteurs on freedom of opinion and expression, on torture and other cruel, inhuman or degrading treatment or punishment, and on the situation of human rights in Belarus. May 28, 2021 Find out more Follow the news on Belarus RSF’s investigations have shed light on the many forms that this crackdown on journalists has taken, including widespread and arbitrary arrests and imprisonment, prolonged detentions, beatings, deportations and withdrawal of accreditation. The authorities also disconnected the Internet and restricted access to news sites and electronic messaging services. Russian media boss drops the pretence and defends Belarus crackdown Since the presidential election, RSF has logged more than 350 violations of journalists’ rights, including 290 detentions. The Belarusian Association of Journalists (BAJ) has also tallied more than 50 cases of violence. Since the start of October, there have been another 87 violations of journalists’ rights, mainly arrests and detentions. Seven journalists are currently jailed. Credit: Sergei GAPON / AFP BelarusEurope – Central Asia Condemning abusesProtecting journalists ImprisonedImpunityFreedom of expressionJudicial harassmentViolence News Help by sharing this information October 22, 2020 RSF asks UN to condemn Belarus crackdown on journalists, curbs on press freedom Newslast_img read more

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Tennessee District Court Affirms Legality of MERS’ Role in a Securitized Mortgage

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brian Honea Sign up for DS News Daily Previous: DocMagic Names New Chief Compliance Officer Next: FHFA Announces Final Rule for Fannie Mae, Freddie Mac Affordable Housing Goals August 19, 2015 1,335 Views The Best Markets For Residential Property Investors 2 days ago Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago in Daily Dose, Featured, News Data Provider Black Knight to Acquire Top of Mind 2 days ago Tennessee District Court Affirms Legality of MERS’ Role in a Securitized Mortgage Demand Propels Home Prices Upward 2 days ago Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Demand Propels Home Prices Upward 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago MERSCORP Holdings won another victory in court this week when the U.S. District Court for the Middle District of Tennessee Nashville Division dismissed a lawsuit that challenged MERS’ role in a deed of trust in Tennessee, according to an announcement from MERS.In the case of Johnson v. Broker Solutions, Inc., plaintiffs identified 11 causes of action in attacking the securitization of their mortgage loans and argued that MERS cannot be a real party in interest in a securitized mortgage. The plaintiffs relied on a third party “property securitization analysis report” as the basis for their allegations.U.S. Magistrate Judge John S. Bryant denied the plaintiffs’ assertion of MERS’ role in the securitized mortgage, citing the case of Dauenhauer v. Bank N.Y. Mellon. The ruling in that case stated that “[c]ourts nationally, including Tennessee’s, have consistently approved MERS’ role in loans when designated as the nominee and beneficiary under a deed of trust.” Bryant ruled that “the role of MERS was valid” because the plaintiffs’ deed of trust named MERS as nominee and beneficiary, according to the MERS announcement.”We are pleased that the district court relied on case law that has consistently upheld MERS’ role as nominee and beneficiary under a deed of trust,” MERSCORP Holdings VP for Corporate Communications Janis Smith said.Bryant also cited a “flood of cases” in which courts ruled in MERS’ favor amid similar claims from plaintiffs involving “certified forensic audit” or “property securitization analysis reports.” One of those cases was decided earlier in August, Renfroe v. Flagstar Bank. In that case, the U.S. District Court for the Western District of Tennessee found that Renfroe’s complaint had been copied verbatim from a generic online complaint and affirmed MERS’ role as nominee and beneficiary of the deed of trust. Judge Todd J. Campbell, after adopting Bryan’s report and recommendation, dismissed the case on August 11.In early August, MERSCORP was awarded a victory in U.S. Court of Appeals for the Third Circuit, which ruled that MERSCORP was not duty-bound by the Pennsylvania recording statute to record all land conveyances. Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago MERS MERSCORP Holdings Mortgage Securitizations Tennessee 2015-08-19 Brian Honea Tagged with: MERS MERSCORP Holdings Mortgage Securitizations Tennessee Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles  Print This Post Home / Daily Dose / Tennessee District Court Affirms Legality of MERS’ Role in a Securitized Mortgage Servicers Navigate the Post-Pandemic World 2 days ago Subscribelast_img read more

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Council passes motion directing council management not to pass on council house tenant information…

first_img Donegal Council Councillors have passed a special section 140 motion directing council management not to pass on council house tenant information to Irish Water.However councillors were told that the motion may be void if council management are requested to hand over the information by law.Councillor Jack Murray says that even if the motion turns out to have no standing in law, it sends a strong message………..Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/11/jackraw.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook By News Highland – November 25, 2014 Facebook WhatsApp Homepage BannerNews WhatsApp Previous articleMartin McGuinness says Gregory Campbell remarks appallingNext articleCllr McGarvey – It would take Donegal County Council 200 years to clear social housing list News Highland Google+ Council passes motion directing council management not to pass on council house tenant information to Irish Water. Twitter 365 additional cases of Covid-19 in Republic center_img RELATED ARTICLESMORE FROM AUTHOR Google+ Main Evening News, Sport and Obituaries Tuesday May 25th Twitter Gardai continue to investigate Kilmacrennan fire Further drop in people receiving PUP in Donegal Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest 75 positive cases of Covid confirmed in North Pinterestlast_img read more

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Proposing To Bring Law To Regulate Online Gambling, Karnataka Govt Tells High Court

first_imgNews UpdatesProposing To Bring Law To Regulate Online Gambling, Karnataka Govt Tells High Court Mustafa Plumber16 Feb 2021 6:26 AMShare This – xThe State Government on Tuesday informed the Karnataka High Court that it proposes to have a legislation for regulating online gambling and betting in the state. A division bench of Chief Justice Abhay Oka and Justice Sachin Shankar Magadum granted six weeks’ time to the state government to file its statement of objections to a petition filed seeking to ban all forms of Online…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe State Government on Tuesday informed the Karnataka High Court that it proposes to have a legislation for regulating online gambling and betting in the state. A division bench of Chief Justice Abhay Oka and Justice Sachin Shankar Magadum granted six weeks’ time to the state government to file its statement of objections to a petition filed seeking to ban all forms of Online Gambling and Online Betting of any nature until unless an appropriate regulatory regime is established. The bench in its order noted “AGA seeks time on the ground that a proposal to have a legislation is being placed before the cabinet. He seeks six weeks’ time.” It added “State government shall place on record the decision taken by the cabinet while filing the statement of objections.” Senior Advocate Mukul Rohatgi, appearing for The Online Rummy Federation submitted : “We are running online rummy and we want to show your milord that this is not illegal and should not be prohibited.” The Federation sought to be impleaded as respondents in the matter. Advocate Shridhar Prabhu appearing for the petitioner did not object to the application being allowed. Accordingly, the court allowed the impleadment application and directed the petitioner to carry out the physical amendment within six weeks time and allowed the Federation to file its statement of objections to the petition, within six weeks. The petition filed by Sharada D R states that because there is complete regulatory vacuum as far as the online betting and gambling are concerned. There is no regulatory body or governmental structure to regulate and monitor online gambling and betting. As a result, the vulnerable sections of society, particularly the youth, adolescents and even children are prone to hazardous and predatory situations amidst this pandemic. It is also mentioned that High Courts of Gujarat and Tamil Nadu have directed their respective jurisdictional state legislatures to explore the possibilities of regulating the regime. In these states there exists a central legislation. However, in Karnataka there is neither central legislation nor any regulatory regime. The petition also notes that because the State has no mechanism to monitor whether any online game or activity is a game of chance or involves skill. It cites the example of the Game of Rummy is a game of skill. It is said “However, what holds good for the game in the offline mode may not be true for the online mode. The State has not bothered to create any monitoring mechanism to ascertain whether the online Rummy offered by various virtual gaming platforms. In fact, admittedly many other puritan games of chance are in vogue on the internet, which can be very easily accessible and played by persons of all age groups including the children. However, the State has not taken any action to regulate the same.” The petition also states that because in the present pandemic situation, vulnerable sections of society, particularly, youngsters and children have access to the internet via mobile phones and laptops. Realising this precarious situation, many states have brought about legislation and regulatory regime to ban online gambling and betting. The matter will be next heard on March 21.Last week, the Kerala High Court had directed the government to take a decision within 2 weeks on a proposal by the State Police to include online gambling under the Kerala Gaming Act.In November 2020, the Madras High Court had asked the Tamil Nadu Government to bring a law to curb online betting. Following that, the Tamil Nadu government brought an Ordinance recently. The Gujarat High Court has also passed a similar direction.Also, the Delhi High Court has directed the Union Of India & Delhi Government to treat a petition filed against online gambling, as a representation and decide the grievances ventilated in the petition, as narrated in detail in the writ petitionClick Here To Download Petition[Read Petition]Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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Parade calls all ‘nuts’

first_imgLatest Stories Plans underway for historic Pike County celebration You Might Like PCHS marks homecoming The theme for Homecoming 2014 at Pike County High School is “Return to the Dynasty” and all PCHS alumni and… read more Remember America’s heroes on Memorial Day Parade calls all ‘nuts’ Email the author No matter one’s gender, age or station in life, sometimes everyone just feels like a nut.And, when that happens, he, she or it goes out and parades around with other nuts in the Nutter Butter Parade.The Nutter Butter Parade is a signature event of the annual Peanut Butter Festival in Brundidge the last Saturday in October and this year’s parade, Oct. 25, will be just as nutty as ever, said Rue Botts, parade chair. By Jaine Treadwell “It’s just that kind of parade,” she said. Although, the parade committee would greatly appreciate those who plan to parade registering prior to Peanut Butter Festival day but don’t let that hold you back.To pre-register, call Botts at 334-372-1001. However, those who don’t decide until the last minute should find a place at the end of the parade line and hop in – but before the horses.Lineup is along Veterans Blvd. (old U.S. 231 across from former Floyd Shirley Ford) between noon and 12:45 p.m. The parade will step off promptly at 1 p.m. Sponsored Content Skip Print Article “I’m not sure who came up with the nutter butter part of the parade 23 years ago but I’m sure whoever did was a nut,” Botts said, laughing. “There’s nothing pretentious about the Peanut Butter Festival. It’s a harvest and heritage celebration and a throwback to the mule and wagon days.“Back then, after the crops were all gathered, the farmers and their families went into town. They would have a little money in their pockets to spend and they enjoyed the fellowship of their friends and neighbors. It was a fun and festive time.”That’s the kind of time – a fun and festive time – the sponsoring Brundidge Historical Society hopes to re-create each year with the Peanut Butter Festival. Published 3:00 am Wednesday, October 15, 2014 By Blood Sugar Blaster Troy falls to No. 13 Clemson Pike County Sheriff’s Office offering community child ID kits “And, we invite a bunch of nuts to help us,” Botts said.The Nutter Butter Parade is a Main Street event that gets underway at 1 p.m.“The only requirement to be in the parade is that it’s fun,” Botts said. “We have floats, pickup trucks, wagons and boats, tom-walkers and handkerchief wavers, politicians and regular people. Some of our communities have their representatives, like Miss Josie Moonshine and Banks has Hank and Audrey. We always have a few queens like Miss Goober Cocktail and Miss Ida-ho. You never know what you’ll see at the Nutter Butter Parade.”Botts said some people get so caught up in the moment; they stop being a spectator and become a parader. Md: Do This Immediately if You Have Diabetes (Watch) Book Nook to reopen Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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12-year-old girl arrested for DWI in New Mexico

first_imgFedorovekb/iStock(ALAMOGORDO, N.M.) — A 12-year-old girl has been arrested in New Mexico for drunk driving and leading officers on a high-speed chase before losing control of the steering and smashing into a speed limit sign, officials said this week.New Mexico’s Alamogordo Police Department said the 12-year-old was driving with her three friends, ages 12 and 13, in the car.Police said the girl told them that she waited for her grandfather, with whom she was staying at the time, to fall asleep so she could take his car.Bodycam footage released by police shows officers breaking into the vehicle to get the girl and her friends out after the pursuit.The driver was charged with DWI and her friends were also charged with underage drinking.It remains unclear how the girl and her friends got the alcohol, but cans of Twisted Tea, a malted alcoholic beverage, were recovered from the car, Alamogordo Police Chief Brian Peete told ABC News.“It’s concerning,” Peete said. “We are grateful that no one was seriously hurt. But it is concerning that someone so young would put themselves and others in harms way.”The names of the youths involved have not been released, due to their age.Peete told the Alamogordo Daily News that his department is working closely with the local school system as a part of a “comprehensive approach to disciplinary action.”“We’re using a coordinated effort to get to the bottom of this,” Peete told the newspaper.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

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