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Report Reveals the Kushner Family Filed False Documents on New York City Properties to Profit by the Millions

March 18, 2018 in Blogs

By Tom Boggioni, Raw Story

The Associated Press report uncovers some real estate dirty dealings.


According to an exclusive Associated Press report, the family of White House Adviser Jared Kushner filed multiple false documents with the New York City housing authorities that allowed them to reap millions in profits on properties they flipped.

The report states that the Kushner’s real estate companies bought “three apartment buildings in a gentrifying neighborhood of Queens in 2015,” and that “most of the tenants were protected by special rules that prevent developers from pushing them out, raising rents.”

Two years later, Associated Press reports, all three buildings were sold for $60 million, nearly 50 percent more than the purchase price.

“The Kushner Cos. routinely filed false paperwork with the city declaring it had zero rent-regulated tenants in dozens of buildings it owned across the city when, in fact, it had hundreds,” the report states, taking pains to note that Kushner, President Donald Trump’s son-in-law, did not sign the documents.

“It’s bare-faced greed,” explained Aaron Carr, Housing Rights Initiative founder, who compiled the documents and handed them over to the AP. “The fact that the company was falsifying all these applications with the government shows a sordid attempt to avert accountability and get a rapid return on its investment.”

In their defense, the Kushner family said the documents were prepared by a third party and were reviewed by attorneys. “If mistakes or violations are identified, corrective action is taken immediately,” the company said in a statement.

Read the entire report.

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Source: ALTERNET

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Facebook Suspends Trump Campaign Data Firm Cambridge Analytica

March 18, 2018 in Blogs

By AFP

The company stole information from 50 million Facebook users' profiles.


 

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Source: ALTERNET

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In Defense of Betsy Devos

March 18, 2018 in Economics

By Neal McCluskey

Neal McCluskey

Other than maybe the highly voluble William Bennett, Ronald
Reagan’s second education chief (who still has a radio show),
it is difficult to think of a U.S. Secretary of Education who has
garnered as much attention as Betsy DeVos. But not in a good way.
As exemplified by her much-lambasted interview on “60
Minutes” recently, from basically the day her nomination was
announced she has been condemned as dangerous and unprepared for
the job.

And it can be difficult to disagree with the latter. Perhaps,
that is, unless you think the job should not exist.

Would it be useful for advancing the things Mrs. DeVos seems to
stand for — more choice and less federal interference —
if she could articulately and forcefully defend them? Absolutely,
and in this regard Mrs. DeVos leaves much to be desired. She is not
as utterly bumbling as many of her most vociferous — and
perhaps politicized — detractors proclaim, but she needs to
have clear, forceful answers ready. Alas, she too often
doesn’t.

In a way, Mrs. DeVos
represents what the public seems to want, and the Constitution, at
a minimum, demands: a humble, hands-off Washington.

For instance, Mrs. DeVos was right to point out in her “60
Minutes” interview that research in Florida has found that
the presence of private school-choice programs appears to drive
public schools to improve, but she needed to know what to say when
challenged on the effect of choice in Michigan. There, research has
shown that choice in the form of charter schools works, but it is
arguably the least friendly state to private school choice —
its constitution is the only one to specifically prohibit even tax
credits for choice — and we should all recognize that schools
only have so much impact on test scores. Lots of other factors do,
too.

That said, if you believe that the federal government should
have little if any role in education — if you’ve read
the U.S. Constitution and know that governing in education is not
among its few and only powers — then something might actually
seem a bit right about Mrs. DeVos‘ somewhat humble, tentative
approach to pronouncing on policy. Again, if her position is that
Washington should not be involved in education she should state
that with conviction, citation of the Constitution, and immediate
reference to evidence of federal failure. But there is also
something refreshing about a bit of humility.

Even believers in a strong federal role in education will admit
that Washington only supplies around 10 percent of total K-12
funding. Isn’t it then a bit much to have an education
secretary pronouncing …read more

Source: OP-EDS