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‘Solidarity is not an act of charity’

first_imgMonica MooreheadI want to salute all the young people who continue to take to the streets in so many cities once it became official that the racist, misogynist, xenophobic Trump will become the 45th U.S. president.This massive outpouring in the tens of thousands included high school and college students who walked out of their classes. Tens of thousands of people came out in New York City on Nov. 9. The majority descended on Trump Towers, where 60 were reportedly arrested. Protesters in Oakland, Calif., were teargassed. Thousands came out in Baltimore from a call put out by the People’s Power Assembly.I live in Jersey City, a thoroughly multinational city that Trump attacked during his campaign for supposedly supporting the attacks on 9/11. Young Muslim students there held a protest. Although small in numbers, this demo was politically important because Jersey City is not known for any major kind of activism. Also this was a heroic act because as we all know Muslim people have come under the most heinous attacks by Trump and his neofascist supporters.The New York demonstration and others like it speak to the need to build broad international solidarity, which doesn’t pertain just to workers and oppressed living thousands of miles away but also right here in the belly of the beast.Why do some anti-war forces find it easier to call a demo to defend the sovereignty of a country under attack from imperialism, but not call a demo to defend a “Stop killing Black people” protest at home that also expresses the right to self-determination?To understand the essence of solidarity is to understand that imperialism — an economic system whose thirst for superprofits based on superexploitation and plunder knows no borders — exists throughout the U.S., not just abroad.It was this kind of solidarity against white supremacy that our election campaign was stressing before Nov. 8. Now, with Trump’s victory, it is 10 times more necessary.It is this virulent racism that propelled many of our sisters and brothers who are immigrants, Muslims and other people of color to vote for Hillary Clinton, the neocon militarist and darling of Wall Street, because of their second-class and third-class treatment in this society. We had no argument with them voting for Clinton. We did have a problem with activists and progressive movements using the anti-Trump card as an excuse for voting for Clinton, making our movement more subservient to her ruling-class party.So now the racists have become more emboldened. Look at Twitter, with all the hideous examples, including the KKK calling for a Trump victory march in North Carolina on Dec. 3 or racists calling for the lynchings of Black students at the University of Pennsylvania.And what will the Trump victory mean for women with an openly misogynist president giving the green light to even more disgusting objectification of women, along with bigotry against people with disabilities?The Trump victory has unleashed a growing tidal wave of racism, which is why it is more crucial than ever for all the movements to put aside any political or ideological differences to form a united front to resist and smash this racist onslaught. We have to keep in mind that the police, whose national so-called “union” endorsed Trump, will become even more violent and militarized. It will become even more glaring that the Ku Klux Klan and the police work hand-in-hand as partners in the repressive state apparatus.Material basis for solidaritySo what does real solidarity look like? Is solidarity based on a moral obligation? Some may see it that way. But Workers World Party sees it in a different way, because we are materialists who view every phenomenon based on objective conditions, which are always in motion.When Karl Marx stated in the 1860s in his monumental work “Capital”: “Labor in the white skin can never be emancipated while labor in the Black skin is branded,” he was using specific terminology rooted in a very specific epoch — that being two social systems, slavery and capitalism, on a collision course that resulted in the U.S. Civil War; that white workers can never be liberated as wage laborers while Black people were used as chattel, that is, slave labor. He was stressing that it was in the class interests of white workers to fight side by side with their African sisters and brothers to bring down slavery, in order to bring about equality when it came to wages and other basic democratic rights during that time.The violent, abrupt end of Black Reconstruction set back the struggle for basic democratic rights for Black people from the late 1870s until this very day.The immediate response to the Trump election has been nothing short of phenomenal. There are even serious rumblings of calling a general strike on Jan. 20, along with a counterinauguration that has the potential of being even larger than the great one-day strike on May Day 2006, led by migrant workers in the millions. That should include other low-wage workers, unionized workers, prisoners, youth — in other words, the entire working class — employed, unemployed, part-time and full-time workers.Part of strengthening the left is to strengthen solidarity with the most oppressed, especially youth of color, who even before the election were the targets of a genocidal police war. They have been shot down in the streets in Charlotte, Baltimore, Milwaukee, Chicago, Los Angeles and elsewhere. They have been threatened with lynching in Beaumont, Texas, and elsewhere for taking a knee against injustice after Colin Kaepernick inspired them to do so. Police dogs were unleashed on them in Standing Rock, N.D.This police war illustrates that the left must absorb in their bones that a big section of the working class worldwide, including the U.S., is our youth who are being disenfranchised and demonized by the racist capitalist state. If the youth are not defended by the movement, it helps to weaken the entire working class and serves to strengthen the bourgeoisie.A genuine revolutionary socialist movement cannot move forward if the answer to the question of uniting the working class is to advise all involved to minimize and marginalize the importance of combating racism, the oppression of immigrant workers, of women and of lesbian, gay, bi, transgender and queer people “for the sake of unity.”Unity and trust within the working class and within our socialist movement can only be accomplished by making the issues of the most oppressed central to our movement.Let’s seize the time to build class unity, especially with oppressed nations and peoples, to make a reality of the prediction that Marx and Engels made in their groundbreaking book “The Communist Manifesto,” and that Vladimir Lenin expanded in “Imperialism”: that the workers and oppressed united will become the gravediggers of capitalism. On to the Socialist Revolution! Build a Workers World!FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Pasadena Buddhist Temple: Mr. and Mrs. Ben D Sanematsu Scholarship

first_imgFaith & Youth Pasadena Buddhist Temple: Mr. and Mrs. Ben D Sanematsu Scholarship Published on Monday, March 19, 2012 | 3:09 pm 12 recommended0 commentsShareShareTweetSharePin it Make a comment Community News More Cool Stuff Business News First Heatwave Expected Next Week Herbeauty7 Reasons Why The Lost Kilos Are Regained AgainHerbeautyHerbeautyHerbeautyThis Trend Looks Kind Of Cool!HerbeautyHerbeautyHerbeautyTop Important Things You Never Knew About MicrobladingHerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeauty Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked *center_img Top of the News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy This scholarship program was established in honor of Mr. and Mrs. Ben D. Sanematsu. Applicant’s parents must be a sustaining member of the Pasadena Buddhist Temple (PBT) for at least one-year. The applicant must be an undergraduate or graduate student or attending business, vocational or trade schools. The recipients will receive a certificate of recognition and cash awards as determined by the Sanematsu Scholarship Committee. The amounts awarded shall be a minimum of $500.Applicants may apply for the scholarship each year that they are actively pursuing their education. Application for this scholarship is available here, or contact Gerry Ito. Application forms must be submitted on or before the 15th of April 2012.Pasadena Buddhist Temple, 1993 Glen Avenue, Pasadena, (626) 798-4781 or visit www.pasadenabuddhisttemple.org. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Subscribe Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday last_img read more

HARP Refinances Recover from Previous Spike

first_imgHome / Daily Dose / HARP Refinances Recover from Previous Spike HARP Refinances Recover from Previous Spike  Print This Post Previous: Defaults on the Downward Slope Next: OneWest’s Financial Freedom Settle Allegations Related Articles Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News Tagged with: FHFA HARP Refinance The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago FHFA HARP Refinance 2017-05-16 Seth Welborncenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save May 16, 2017 1,338 Views Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Federal Housing Finance Agency’s (FHFA) recent refinance report from Tuesday, reported that just over 510,000 refinances were completed in the Q1 2017, compared to more than 750,767 in the Q4 2016.The FHFA reports that borrowers completed 13,425 refinances through the Home Affordability Refinance Program (HARP) in Q1 2017, bringing the total amount of HARP refinances to 3,461,096. Of all refinances that quarter, HARP represented 3 percent.The drop in refinance volume follows a spike in Q3 and Q4 2016. In Q4 2016, total refinance volume jumped from 626,924 to 750,767. This made Q1 2017’s drop all the more dramatic, as refinance volume dropped by nearly 250,000. Overall, refinance volume is still relatively high.The FHFA found that ten states accounted for over 60 percent of the nation’s HARP eligible loans: Florida, Illinois, Michigan, Ohio, Georgia, Puerto Rico, Pennsylvania, New Jersey, New York, and Alabama. Florida sat at the top of the list, with 15,513 total HARP-eligible loans. Around six percent of refinances made in Florida in Q1 were HARP refinances. In order for a loan to qualify for HARP, it must be owned or guaranteed by Fannie Mae or Freddie Mac, it must have originated before May 31, 2009, its current LTV ratio must be greater than 80 percent, and the borrowers must be current on their mortgage payments.The FHFA established HARP in 2009, following the Recession, to assist homeowners unable to access a refinance due to a decline in their home value. Since HARP’s inception, Nevada has held the highest percentage of total refinances, with 26 percent of the state’s total refinances being HARP refinances since the program’s beginning. In both Nevada and Florida, underwater borrowers made up over 28 percent of HARP volume in Q1 2017.Additionally, the FHFA Refinance Report found that the average interest rate on a 30-year fixed-rate mortgage rose to 4.20 percent in March from 4.17 percent in February.Read the full report here. Subscribelast_img read more