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Daily Archives: June 8, 2017
After 35 Years in Prison, Puerto Rican Activist Oscar Lpez Rivera on Freedom & Decolonization – Democracy Now!
Posted: June 8, 2017 at 11:37 pm
This is a rush transcript. Copy may not be in its final form.
JUAN GONZLEZ: Today we spend the hour with longtime Puerto Rican independence activist Oscar Lpez Rivera, who was in prison for more than 35 years, much of the time in solitary confinement, before President Obama commuted his sentence in January. On May 17th, 2017, less than a month ago, Lpez Rivera was released. Today he joins us in our New York studio.
Oscar Lpez Rivera was born in San Sebastin, Puerto Rico, and moved with his family to Chicago when he was a boy. He was drafted into the Army at age 18 and served in Vietnam, for which he was awarded the Bronze Star. Upon his return in 1967, he became a community organizer who fought for bilingual education, jobs and better housing.
During the 1970s and 1980s, he was a leader of the pro-independence group FALN, the armed liberationthe Forces of Armed National Liberation. Its members set more than a hundred bombs, including one attack on Fraunces Tavern in New York City that killed four people. He was never charged, however, with setting those bombs. Instead, in 1981, Lpez Rivera was convicted on federal charges that included seditious conspiracyconspiring to oppose U.S. authority over Puerto Rico by force. In fact, seditious conspiracy is the same charge Nelson Mandela faced. Lpez Rivera described his charges in a rare prison interview in 2006.
OSCAR LPEZ RIVERA: I think that the fact that I was charged with seditious conspiracy to overthrow the government of the United States speaks for itself. But the charge in reference to Puerto Ricans has always been used for political purposes. It goes back to 1936. The first time that a group of Puerto Ricans was put in prison was by using the seditious conspiracy charge. And this ishas always been a strictly political charge used against Puerto Ricans.
JUAN GONZLEZ: In 1999, President Bill Clinton commuted the sentences of 16 members of the FALN, but Lpez Rivera refused at that time to accept the deal because it did not include two fellow activists, who have since been released.
AMY GOODMAN: This is Oscar Lpez Riveras first visit to New York City since his release last month, and it coincides with New Yorks long-standing Puerto Rican Day Parade, which always takes place on the second Sunday of June. This years organizers chose to honor Lpez Rivera as the parades first "National Freedom Hero." This prompted the citys police chief and a number of corporate sponsors to boycott the event, including Goya Foods, Coca-Cola, Univision and Telemundo. As Juan reported in his column for the New York Daily News, a boycott campaign to condemn Lpez Rivera as a terrorist "was quietly organized by a right-wing conservative group in Washington, D.C., the Media Research Center, that receives major funding from donors close to both President Trump and to Breitbart News," unquote. Well, Oscar Lpez Rivera says he will still march, but not as an official honoree, simply as a humble Puerto Rican and grandfather.
Over the years, one of Oscar Lpez Riveras strongest supporters has been Archbishop Desmond Tutu. On Wednesday, Tutu issued a statement in support of his participation in the parade, noting, quote, "Had South Africans and people of the African diaspora allowed others to determine who we would embrace, Mandela would still be in prison and have been stripped of the stature we gave him and that he deserved," unquote.
All of this comes as Puerto Rico is in the midst of a bankruptcy process and is preparing to hold a referendum on its political future on Sundaythe same day as the parade.
For more, were joined in studio by Oscar Lpez Rivera. While in prison, he wrote two books, Between Torture and Resistance and Letters to Karina. Were also joined by Juan Cartagena, president and general counsel of LatinoJustice.
We welcome you both to Democracy Now! Oscar Lpez Rivera, how does it feel to be free?
OSCAR LPEZ RIVERA: It feels wonderful. It feels completely, completely different than being in prison. For the first time, I can hear the roosters sing early in the morning. I can seeI can see my family. I can see my friends. I can see my granddaughter. I recently went to California just to spend a few days with her. I can move around Puerto Rico. So it feels wonderful. It feels a world completely, completely different than the world of prisons.
JUAN GONZLEZ: And all of these years that you were not only in prison, but in solitary for a good portion of that time, Im wondering: Did you have an expectation that you would eventually be freed? And was it a surprise when, in earlyearly this year, you finally got the word that President Obama had commuted your sentence?
OSCAR LPEZ RIVERA: Well, one of the things that I never allowed myself to do was to fall into what I call illusory optimism. You know, so I tried my best to keep my hope that I will come out of prison, but at the same time prepare for the worst. So, on Mayon January 17th, when President Obama commuted my sentence and I was told that my sentence had been commuted, my reaction was not one that was expected, because I was prepared for the worst. And it took me about four days to really, really realize that I was on my way out of prison. But it was not a very, very exciting moment when I was told that President Obama had commuted my sentence.
AMY GOODMAN: Now, this wasnt the first commutation. I mean, Bill Clinton also did this, along with a number of your compatriotsright?16 Puerto Rican independence activists. But you chose not to leave at that time. You could have left more than a decade ago, two decades ago.
OSCAR LPEZ RIVERA: Well, I believe in principles, and I have never left anyone behind, whether it was in Vietnam, whether it was in the city of Chicago, whether it was in Puerto Rico. And for me, it was important to stay in prison while two of my co-defendants were in prison. Both of them came out by 2010. Both of them were out of prison. And finally, on May 17th, I was finally, finally out of prison. The sentence was commuted the 17th of January, but I had to be under home confinement until May 17th. So, it was May 17th when I started to walk on the streets of Puerto Rico and to enjoy Puerto Rico.
JUAN GONZLEZ: Juan Cartagena, I wanted to ask you about the campaign to free Oscar Lpez Rivera, because it really included thea cross-section of all political persuasions, religious groups in Puerto Rico, and it lasted for a long time. I remember when we were covering the Democratic convention in Philadelphia, there was a very strong contingent from Chicago and other cities that had come to demonstrate at the Democratic convention about the issue of finally freeing him. Your sense of the importance of that campaign?
JUAN CARTAGENA: Oh, critically important. Many of us thought that one last hope would have been the Obama administration. Like we were hoping for a long time that the president, Obama, would actually commute his sentence. We wereI was following how President Obama was eulogizing Nelson Mandela when he went to the wake in South Africa, talking about how, by freeing Mandela, the system also freed itself. And in many ways, we keptI kept using that, and others kept using that kind of quote.
We also recognized that thisthis incredible unity that happened in Puerto Rico is hardly ever seen that many times, right? In my own lifetime, Ive seen it around Vieques. But rarely have we seen so many political parties, so many faith, union members and activists of all persuasions, of all types, really line up to make sure that Oscar Lpez Rivera was freed, and, you know, have the happiness, the joy and the pride that we have that we finally we were able to achieve that, because, as he said, hes a man of principle, and to work on behalf of a man of principle has always been an honor.
AMY GOODMAN: Were going to break and then come back to our discussion with Juan Cartagena, whos president and general counsel of LatinoJustice, and with Oscar Lpez Rivera, Puerto Rican independence activist, freed last month after serving 35 years in prison. This is Democracy Now! Well be back in a minute.
[break]
AMY GOODMAN: "From a Bird the Two Wings" by Pablo Milans, here on Democracy Now!, democracynow.org, The War and Peace Report. Im Amy Goodman, with Juan Gonzlez. Our guest is Oscar Lpez Rivera, Puerto Rican independence activist, freed last month after serving 35 years in prison. Were also joined by Juan Cartagena, president and general counsel of LatinoJustice. This is the time here in New York City that the Puerto Rican Day Parade is taking place on Sunday. It is also the day, Sunday, that the Puerto Rican referendum will take place in Puerto Rico. Juan?
JUAN GONZLEZ: Well, Oscar, Id like to ask you about how you see Puerto Rico now, having come out of prison. The last time you were there was over 35 years ago, and now youre seeing a situation with total economic collapse and bankruptcy, an imposed control board by Congress. What do you see as the situation on the island right now and how it could possibly get out of its enormous crisis?
OSCAR LPEZ RIVERA: Puerto Rico is suffering an enormous crisis. Puerto Rico, as I see it, has been set up in a way that there is no way for Puerto Rico to lift itself up economically. First of all, the junta de fiscal control, fiscal control board, has already spent a lot of money without offering Puerto Rico anyany remedy to resolve its economic problem. What it has done thus far is extract money from programs such as the University of Puerto Rico, such as the public education system and otherpensions from workers, that will definitely, definitely make Puerto Ricos economy worse, much worse than it was last year or the year before. And Puerto Rico cannotcannot pay that debt. Its impossible for Puerto Rico to pay a debt, except if every dollar, every last dollar, that the Puerto Rican worker has in his pocket is taken out of his pocket. That is the reality from the economic point of view.
Besides that, we have a government in Puerto Rico, a colonial government in Puerto Rico, that has no wayoffer any incentives to the Puerto Rican people. On the contrary, it offers incentives to foreigners to invest in Puerto Rico. Whoeverwhoever invests in Puerto Rico is not a Puerto Rican. What happens is that the money that is made in Puerto Rico is taken out of Puerto Rico. That money does not stay in Puerto Rico. It does not help the economy of Puerto Rico. So, my way of looking at it is, Puerto Rico is in trouble economically, and the junta de control fiscal, the control board, that is imposed or has been imposed on Puerto Rico, is really a detrimentalI will dare say, a criminalact on the Puerto Rican people.
Now, there other things in Puerto Rico that I see being positive. For example, I see the students at the university struggling. I see the universitythe students at the university trying to do something to preserve or at least protect the university. That is positive. The youth, the Puerto Rican youth, represent the future of Puerto Rico. And as long as they are struggling and doing something for the economy, doing something for themselves, doing something for Puerto Rico, there is hope.
There is also oneanother element that I see. Puerto Rico, as has been mentioned, is going into or is celebrating a plebiscite, anotheranother colonial act. And to justify what? Puerto Rico is not going to become a state, definitely not. And only one political party in Puerto Rico is going on this plebiscite, is participating in this plebiscite. The rest of Puerto Rico is boycotting the plebiscite. That money, $10 million that will be spent on the plebiscite, could go into at least the education system. We could preserve some of those schools that are being closed. A hundred and sixty-nine public schools are going to be closed. Why not use that money to help those schools? That will be one of the questions that I will ask the governor of Puerto Rico right now. He has been asked. He has no answers.
AMY GOODMAN: I was wondering if we can go back in time to your history, what politicized you, where you were born, how you came to head up the FALN, and then your 35 years in prison, how you survived there?
OSCAR LPEZ RIVERA: Well, I was born in a very small farm in Puerto Rico. At age 14, I was sent to Chicago to live with my sister. I entered high school. Im going to make a little story here, so you will probably see my politics.
When I was in high school in Chicago, the teacher asked the students to define a hero and why that person was a hero. So, I had beenwhen I entered elementary school in Puerto Rico at age 5, every day we would sing a song that would say George Washington was to be celebrated because he never, never said a lie. OK, so on that particular day, I said that George Washington was my hero, because he had never, never said a lie. And the students started laughing. I thought it was because of my English accent. When I steppedwhen the class was over, a fellow student pulled me to the side, and he said, "Dont you know that George Washington was a liar? You shouldnt have said that." So, indoctrination was taking place in Puerto Rico in a very sophisticated, subtle way. I was deeply and profoundly, profoundly indoctrinated into believing that Puerto Rico could never be an independent country, that Puerto Rico could not be self-sufficient, that we will starve to death if the United States will walk out of Puerto Rico. Thats how I was influenced for the first 14 years in my life.
Then, in Chicago, I found myself facing things that I had never thought I would facefor example, discrimination for the first time, finding racism for the first time, a real, real blatant racism, and discrimination when I was trying to find a job. In the military, I also found the same, same practice. Yeah, there was racism. There was discrimination. So, when I came back home from Vietnamand for some reason, Vietnam changed my way of life, my way of thinking. I came back from Vietnam, and I found myself obligated to find out what was the reason for being for the war in Vietnam. I found myself more sympathetic with the Vietnamese people than I thought that I would ever be. And little by little, I was starting to discover what Vietnam had done. For example, I discovered Dien Bien Phu, how the Vietnamese fought against the French, how they decolonized themselves. I came back to Chicago, and I found a community of Puerto
AMY GOODMAN: You got a Bronze Star when you were there.
OSCAR LPEZ RIVERA: I got a Bronze Star for that.
AMY GOODMAN: What was your brother doing during this time?
OSCAR LPEZ RIVERA: Who?
AMY GOODMAN: Your brother.
OSCAR LPEZ RIVERA: My brother? My brother was studying. But when I came back from Vietnam, I found a community, a Puerto Rican community, that was beginning to wake up, to demand to be seen, to be heard, to transcend its marginalization. And I started organizing in the community. At that time, the Young Lords were coming up out of Chicago. It was a street gang that became political. A lot of things were happening in 1967. For example, it was 1967 when Dr. Martin Luther King pronounced himself against the war in Vietnam and called it a criminal war. 1967 was when Muhammad Ali refused to be drafted. And he paid a big price.
And 1967 was the first time that I was invited by a nationalist, a Puerto Rican nationalist, to go to his house and listen to some tapes of the nationalists. And one of the tapesone of the tapes was Lolita Lebrn, who had gone to Washington the 1st of March, 1954. And she said in that interview that she came to Washington not to kill anyone, but to give her life for Puerto Rico. And when I heard that woman say that, I was amazed. I was amazed. And from that moment on, we started working on the campaign to free the five. There were five Puerto Rican political prisoners. And from 1967 on, in Chicago, we started to organize a campaign for their release. By that time, Lolita Lebrn, Irvin Flores, Andres Figueroa Cordero, Rafael Cancel Miranda had been in prison for 13 years, and and Oscar Collazo Lpez had been in prison for 17 years. And we believed that we should do something to win their release. And finally, in 1979, they were released from prison.
JUAN GONZLEZ: I wanted to ask you, when you were in Chicago, you helped to start a school, didnt you, in Chicago, that diddo I have it right? Luis Gutirrez was a student at that school?
OSCAR LPEZ RIVERA: No, Luis Gutirrez was a tutor at the school.
JUAN GONZLEZ: Oh, tutor.
OSCAR LPEZ RIVERA: Yeah.
AMY GOODMAN: The now congressman.
OSCAR LPEZ RIVERA: Yes, yes. In 1972, we started an alternative high school for high school dropouts. I have been involved in the issue of education since 1967. We fought to get schools built in the community. We fought to bring bilingual education into the schools. We fought to open up the doors at the universities, especially University of Illinois Chicago Circle and Northeastern, universities where programs were implemented to allow Latino students, because it was not only Puerto Ricans, we were also involved in helping the Latino population in general. So, those programs still exist, the programs at University of Illinois, the program at Northeastern University and our high school. Our high school is a really, really, really interesting project. It was based on Paulo Freires Pedagogy of the Oppressed. And we were hoping that we would get dropouts, put them through a very rigorous educational system, and do it without any funds. What we did, we asked college professors to give us three hours for a class. And wethe students that were at the university, that we had helped to get into the university, we asked them to be tutors. And thats how Congressman Gutirrez got to be a tutor at the high school.
AMY GOODMAN: So talk about going to prison and what it meant for you in prison. You were in solitary confinement for over 12 years?
OSCAR LPEZ RIVERA: I was in solitary confinement for 12 years, four months. And first, from 1986, June 1986, in Marion, USP Marion in Illinois, up til 1994, and then, from 1994 to November 1996 in ADX. In ADX, for the first 58 days, I was awakened every half-hour, 58 days straight. So that will give you an idea what it is to be in prison, to be under those conditions.
JUAN GONZLEZ: Well, I wanted to ask you, in terms of the reasons for your being in prison, I mean, clearly, the big narrative that youre seeing in the commercial media is this was a terrorist, this is a person whos unrepentant, this is a person who never should be allowed to be out free again, is certainly not celebrated as a hero. The issue of the FALNs campaign of bombings that occurred in that period of of time, your retrospectively looking back at that, how you view that campaign and how you feel about it now, and also the criticisms that some people have that youthat the organization participated in the killing of many innocent people?
OSCAR LPEZ RIVERA: First of all, yeah, I want to make this point clear. I have neverfor me, human life is precious. I was in Vietnam. I hope and I pray that I neverI never killed anyone. Now, we know. We know. But if youre a soldier, you know when you have shot somebody, because there is a field of range that youre covering. And on my path, I never saw anyone being wounded or killed. So, I can say that I came home from Vietnam without blood on my hands. I hope so. For me, the issue of human life, human life is precious. Now, Ive been asked over and over about the bombings. Ive been asked over and over what took place. I can guarantee one thing: that I have never participated in an act where a human lifewhere we knew that a human life was going to be put in jeopardy. OK?
Now, one thing that I want to make a very, very clear: Puerto RicoPuerto Rico, as a colony, has every rightevery rightto its independence. To its independence, it has every right. And by international law, Puerto RicoPuerto Rico can usePuerto Ricans who want to decolonize Puerto Rico can use all the means at their disposal, including the use of force. Im not advocating for that. Lets make that clear. By 1992, by 1992, all of us who were in prison had taken a position that we will notwe will not promote violence, that we will notwe were not going to be active in violence. In 1999, mostly all my co-defendants were released. Up to this time, up to this time, almost 20 years later, there has not been a minute, not a single act, a criminal or any kind of violation committed by my co-defendants. That really should be the measuring point for anything. That should be the way that we should be seen. We left prison. We committed ourselves not to act violently. And thus far, no one can accuse us of doing so.
Now, had there been any evidence against any of usany of usI guarantee you that I wouldnt be here today, because the federal judge, the federal judge we faced, he told us that if the law would allow it, he would sentence all of us to death, if the law would allow it. And that sometimesthat narrative is never talked about. But theres a narrative. Theres a narrative. Colonialism is a crime against humanity. We have to be clear on that. And Puerto RicansPuerto Ricans, to tolerate colonialism, we are tolerating a crime. So, I think that its important to understand that we love Puerto Rico. I love my homeland. Thats my homeland. Thats my promised land. And the way I see it is that we have to decolonize Puerto Rico. Now, the issue of violence is no longer one that we will ever entertain or that well ever promote. And lets be clear on that, because I think that its important for people to know who we are, who we are as people, as human beings, because we lovewe love our homeland. We alsowe also love justice and freedom for the whole world.
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House Republicans Vote to Strip Away Post-Financial Crisis Safeguards – Roll Call
Posted: at 11:36 pm
House Republicans voted 233-186 Thursday to repeal large parts of the 2010 Dodd-Frank financial overhaul, just one month short of the seventh anniversary of the landmark laws enactment.
The measure would unwind much of the financial structure put in place in the wake of the financial crisis. One of the biggest pieces of legislation enacted during the two terms of President Barack Obama, Dodd-Frank was designed to prevent the type of practices that led to the 2008 financial crisis and the recession it caused. Republicans have long complained that the law stifled the economy because it put too large a regulatory burden on business.
All of the promises of Dodd-Frank were broken, said Rep. Jeb Hensarling, the Texan who is chairman of the House Financial Services Committee and who authored the bill. It promised us it would lift the economy, but we are stymied in the weakest and slowest recovery in the post-war era.
The vote to repeal was more partisan than the House vote on the law in 2010. Walter B. Jones of North Carolina was the only Republican to vote against the bill Thursday and no Democrats voted for it. Three House Republicans voted for Dodd-Frank in 2010 and 19 Democrats voted against it.
Dodd-Frank provisions reached deep into U.S. business and financial life, setting up a new agency to monitor financial products, a multi-agency supervisory body to identify risks to the financial system, and tougher disclosure and other regulatory standards for financial institutions.
Republicans forget that Dodd-Frank was passed in response to a crisis that pushed the unemployment rate to 10 percent, spurred 11 million home foreclosures and caused the evaporation of $13 trillion in private wealth, House Minority Leader Nancy Pelosi said Thursday.
Today House Republicans are pushing a dangerous Wall Street first bill that will drag us straight back into the days of the Great Recession, the California Democrat said, calling the measure dastardly and malicious.
Republicans say Dodd-Frank provisions made it harder for banks to provide loans to business. They complain that small bankers in particular have been handicapped by the cost of complying with the many regulations that emerged from Dodd-Frank.
The House bill is rife with provisions that drew veto threats last year from Obama, including a repeal of the Labor Departments so-called fiduciary rule and an overhaul of the Consumer Financial Protection Bureau, an agency established by Dodd-Frank..
Democrats say it would end protections put in place after the 2008-9 financial crisis, intimidate regulators by removing their financial independence, and effectively kill a dozen bipartisan provisions by putting them in a bill that Senate Democrats are expected to block because of its objectionable provisions.
I believe it will lead to the next financial crisis, said Rep. Stephen F. Lynch, D-Mass., a member of the Financial Services Committee. This is an awful bill. This is a real stinker.
The bill would repeal many key parts of Dodd-Frank:
The bill would also make changes to the financial regulatory structure that pre-dated Dodd-Frank. It would put the Federal Reserves bank supervisory function and the Federal Deposit Insurance Corporation into the appropriations process. And it would require an annual audit of the Fed.
The Congressional Budget Office said last month that Hensarlings bill would deliver more than $24 billion in deficit reduction over 10 years, including $14.5 billion from the elimination of the Orderly Liquidation Authority. Most of the rest of the savings would come from cuts to the CFPBs budget.
The House bill isnt expected to be taken up in the Senate.
Sen. Michael D. Crapo, chairman of the Senate Banking Committee, held a hearing Thursday on the importance of smaller, local banks. These community banks have been the targets of bipartisan, regulatory relief bills in recent years, such as a provision to lengthen the time between bank examinations by regulators.
The Idaho Republican promised more hearings in the coming months on regulatory reforms that would spur the economy with the goal of ultimately passing a meaningful and bipartisan reform package.
Among the specific changes he mentioned were measures to lessen paperwork and lift certain mortgage restrictions for community banks.
The House bill would likely have its greatest impact on the big banks. Dodd-Frank required banks with $50 billion or more in assets to adopt so-called living wills describing how they would be unwound if they failed, and subjecting them to enhanced, prudential regulation.
Smaller banks were exempted from Dodd-Franks main features, but stricter mortgage rules, compliance with the Volcker Rule, and what critics call a Dodd-Frank trickle-down effect are seen by Republicans and some Democrats as overly, and unnecessarily, burdensome on community banks.
House Speaker Paul D. Ryan, R-Wisc., told House members that our community banks are in trouble. They are being crushed by the costly rules imposed on them by the Dodd-Frank Act.
Smaller, local banks historically have lent heavily to small, local businesses. But rules requiring a more statistical approach to lending, as opposed to community banks strength of often actually knowing their borrowers, are blamed for community banks losing much of the small business lending market.
Republicans see economic harm because small businesses have created fewer jobs than in past recoveries.
But Rep. Gwen Moore, D-Wisc., said the Republican talk about the bill helping community banks is not fooling anyone.
This legislation unleashes every bloodthirsty, greedy Wall Street super-predator back to the American people to feast on our misery like they did pre-Dodd-Frank, she said.
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House Republicans Vote to Strip Away Post-Financial Crisis Safeguards - Roll Call
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How Are Analysts Interpreting Sealand Natural Resources Inc (SLNR)’s Relative Strength? – Nelson Research
Posted: at 11:36 pm
Relative strength is a momentum-investing technique that compares the performance of a stock to that of the overall market. Traders and investors can target the strongest performers as compared to the market overall, creating investment recommendations by using specific calculations. Relative strength assumes a stock whose price has been moving upward will continue to rise. Traders and investors who use relative strength have specific entry and exit strategies. Traders and investors using this technique buy securities that show signs of strength and then sell them as when they begin to appear weak. Relative strength is also applied to more complex strategies. Investors use relative strength in order to single out top performers within a group of potential investments, comparing the performance of each commodity to other securities or to a specific benchmark index. There are multiple ways to calculate relative. Relative strength doesnt take into account the risk assessment with a particular investment. Sealand Natural Resources Inc (SLNR)s Nine-Day Relative Strength is51.99% and its Fourteen-Day Relative Strength is 51.96%. Looking back further, Twenty-Day Relative Strength is51.90% and its Fifty-Day Relative Strength is51.90%. Finally, its One-Hundred-Day Relative Strength is 48.87%.
The Open is the start of trading on a securities exchange. The open indicates the start of an official business day for an exchange, meaning that transactions may begin for the day. The different exchanges have different opening times. Sealand Natural Resources Inc (SLNR) opened at $0.5. Its high for the day was $0.5, its low was $0.5 and last trade price was $0.5. Standard Deviation is a measure of the current average variability of return. A move of (plus or minus) 1 std deviation means a 33% odds for a major price move, whereas a move of (plus or minus) 3 std deviations means a 1% odds for a major price move. Sealand Natural Resources Inc (SLNR)s Standard Deviation is +0.89.
Weighted Alpha is a measure of how much a stock has risen or fallen over a one-year period with a higher weighting for recent price activity. Sealand Natural Resources Inc (SLNR)s Weighted Alpha is -49.26. Sealand Natural Resources Inc (SLNR)s TrendSpotter Opinion, the signal from Trendspotter, a Barchart trend analysis system that uses wave theory, market momentum & volatility in an attempt to find a general trend, is Buy.
Barchart Opinions show investors what a variety of popular trading systems are suggesting. These Opinions take up to 2 years worth of historical data and runs the prices through thirteen technical indicators. After each calculation, a buy, sell or hold value for each study is assigned, depending on where the price is in reference to the interpretation of the study. Todays opinion, the overall signal based on where the price lies in reference to the common interpretation of all 13 studies, for Sealand Natural Resources Inc (SLNR) is 72% Buy. Relative Strength is part of technical analysis. Technical analysis is a trading tool used to judge securities as well as attempt to forecast their future moves by analyzing trading activity statistics like volume and price fluctuations. Where fundamental analysts attempt to evaluate the intrinsic value of a security, technical analytics observe charts of price movements and forecast future price movements through various analytical tools to evaluate a securitys strength or weakness.
Technical analysts believe in the idea that price changes of a security and past trading activity are better indicators of that given securitys future price movements than simply the intrinsic value of said security. Technical analysis was created out of simple concepts learned from Dow Theory, the theory of trading market movements that originated from the early writings of Charles Dow. The two basic assumptions of Dow Theory say analysis are: 1.) market price discounts all the factors that could influence a securitys price and: 2.) market price movements are not simply random but move in an identifiable pattern and that repeat over time. The first assumption, that price discounts everything, means the market price of a commodity at any given point in time perfectly reflects all available information, and re represents the securitys true fair value. It is based on the idea the market price always reflects the sum total knowledge of the market.
The second basic assumption, the notion that price changes are not just random, leads to the belief that both short term and long term market trends can be identified, allowing traders to profit from investing when following the existing trend. Technical analysis is used in order to forecast the price movement of all tradable instruments that are subject to the forces of supply and demand, including currency pairs, bonds, stocks, and futures. Technical analysis can be viewed simply as the study of supply and demand as reflected in market price movements of securities. It is usually applied to price changes, though analysts may also track numbers other than price, such as open interest figures or trading volume.
Many technical indicators have been developed by analysts over the years in an attempt to forecast future price movements accurately. Some indicators are focused on determining the how strong a trend is and also the possibility of its continuation while other indicators focus on identifying current market trends, including resistance areas and support. Commonly used technical indicators include moving averages, trendlines, and momentum indicators like the moving average convergence divergence (MACD) indicator. Technical analysts apply these indicators to charts of differing timeframes. Short-term traders may use charts covering one-minute timeframes to hourly or even four-hour timeframes, and traders analyzing more long-term price movements look over daily, weekly or monthly charts.
Disclaimer: The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Where quoted, past performance is not indicative of future performance.
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New Utopia – pugnatorius.com
Posted: at 11:35 pm
The Principality of New Utopia is a meanwhile discontinued and abandonedvision of the artificial creation of a new city-state in the middle of the Caribbean. The spiritual father of the micronation was Prince Lazarus Long who passed away in 2012.The new territory had been intended to be an English speaking constitutional monarchy.The throne should be inherited by the descendants of Prince Lazarus, the monarch, and ruler of the principality.
The venture had the vision to be The Venice of the Caribbean and to base on the principles of freedom and liberty with an ultra business friendly climate. The draft legal and regulatory environment provided for a free trade zone, near zero taxation, including import and export of products and services, minimal regulations, and zero subsidies. Privacy, integrity, liberty and freedom have been only limited by zero tolerance for international crime and drug industry.
Theenvisagednational territory is located on the submergedMistiriosa Bank 160 nautical miles WSW of the Cayman and had been claimed as the area of the Caribbean Seabound on
It is located on a submergedisland, which until 1995 has been located outside the jurisdiction of any other country and has been legally claimed byPrince Lazarus in a series of actions, which included letters of notification to the UN and The Hague, as well as physical claims by planting a buoy in the territory and others.
Since this part of the Caribbean is rather 60 feetunderwater, the technical challenge would be to find ways and means for land reclamation and property development. The founders had been confident that it is technologically possible, to raise the island from the waves and create an upperhigher layer of land and develop the territory thereon. Such technology has been tested and successfully and commercially implemented in various parts of the world, such as the Palm Island and World Island in Dubai, as well as in other jurisdictions.
Although negotiations had beenstarted with Honduras, the legitimacyof New Utopia had never been acknowledgedby any jurisdiction.Ownership and sovereignty are obviously the first and paramount hurdles for the realization of the city-state project. Given the geopolitical uncertainty in all parts of the world, the vision of New Utopia was found to be a pure utopian idea.
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Paperback Row – New York Times
Posted: at 11:35 pm
New York Times | Paperback Row New York Times Pressures of life outside that technological utopia become acute when Jeff becomes involved with a woman and her Ukrainian child, with political ramifications to follow. As our reviewer, Joshua Ferris, put it, Just as his characters plunge through ... |
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Oceania Healthcare Limited (NZSE:OCA) Company Valuation & Investor Review – JCTY News
Posted: at 11:35 pm
Oceania Healthcare Limited (NZSE:OCA) has a Q.i. Value of 53.00000. The purpose of the Q.i. Value is to help identify companies that are the most undervalued. Typically, the lower the value, the more undervalued the company tends to be. The Q.i. Value ranks companies using four ratios. These ratios consist of EBITDA Yield, FCF Yield, Liquidity, and Earnings Yield.
Checking in on some valuation rankings, Oceania Healthcare Limited (NZSE:OCA) has a Value Composite score of 70. Developed by James OShaughnessy, the VC score uses five valuation ratios. These ratios are price to earnings, price to cash flow, EBITDA to EV, price to book value, and price to sales.
The VC is displayed as a number between 1 and 100. In general, a company with a score closer to 0 would be seen as undervalued, and a score closer to 100 would indicate an overvalued company. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is currently sitting at 65.
Oceania Healthcare Limited (NZSE:OCA) has a current ERP5 Rank of 12232. The ERP5 Rank may assist investors with spotting companies that are undervalued. This ranking uses four ratios. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. When looking at the ERP5 ranking, it is generally considered the lower the value, the better.
Looking at some alternate time periods, the 12 month price index is 1.05063, the 24 month is 1.05063, and the 36 month is 1.05063. Narrowing in a bit closer, the 5 month price index is 1.05063, the 3 month is 1.05063, and the 1 month is currently 1.05063.
Watching some historical volatility numbers on shares of Oceania Healthcare Limited (NZSE:OCA), we can see that the 12 month volatility is presently 0.000000. The 6 month volatility is 0.000000, and the 3 month is spotted at 0.000000.
Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.
We can now take a quick look at some historical stock price index data. Oceania Healthcare Limited (NZSE:OCA) presently has a 10 month price index of 1.05063. The price index is calculated by dividing the current share price by the share price ten months ago. A ratio over one indicates an increase in share price over the period. A ratio lower than one shows that the price has decreased over that time period.
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Kiwis in flight: 7 reasons to put Seychelles on your bucket list – Stuff.co.nz
Posted: at 11:34 pm
Last updated11:03, June 9 2017
BROOK SABIN/ONFLIGHTMODE.COM
Ever thought of visiting the idyllic paradise that is the Seychelles? Here are 7 reasons to put it at the top of your bucket list.
There's a little oasis half a world away you need to know about.
Yes, we're lucky in New Zealand: we have dozens of tropical islands only a few hours' flight away.
But the Seychelles, deep in the Indian Ocean, is in a different league. Parts of it are so untouched, scientists say it gives a glimpse into how the world looked in prehistoric times.
So, here are sevenreasons it should be on your bucket list.
READ MORE: * The most beautiful island you've never heard of *The Seychelles like you've never seen *Why Croatia should be at the top of your bucket list
BROOK SABIN/ONFLIGHTMODE.COM
There's a little oasis half a world away you need to know about.
1. Beaches
The Seychelles has 115 islands, with a secluded beach around every turn. It's also home to two beaches that are consistently named the best in the world.
Could it get any better? Yes: on many beaches you can see turtles in the shallows, or even nesting on the shore.
BROOK SABIN/ONFLIGHTMODE.COM
It's worth travelling half way around the world just for the beaches in Seychelles.
2. Underwater
The Seychelles is home to more than 1000 types of fish, and you will soon be swarmed getting into the water.
The islands have something for everyone, from shallow lagoons, to reefs and magnificent diving spots. Eagle rays and small sharks are often spotted too.
BROOK SABIN/ONFLIGHTMODE.COM
It's worth travelling half way around the world just for the beaches in Seychelles.
3. Giant tortoise
There are more giant tortoise than people in the Seychelles. One hundred thousand live on the remote Aldabra atoll in the south of the country the largest single population in the world.
The tortoise are very friendly and inquisitive, and will often walk up to tourists expecting you to pick off a branch of leaves and feed them.
BROOK SABIN/ONFLIGHTMODE.COM
A giant tortoise will be your best friend for a small price: feed it a branch of leaves.
4. Luxury resorts
The Seychelles has long been a playground of the rich and famous, and has an incredible array of luxury accommodation to match.
The H Resort is right in the centre of Beau Vallon - one of the country's best beaches and takes 5 star to a whole new level. The hotel's ultra-luxury beach villas come complete with a private plunge pool, just a few steps from the sand.
BROOK SABIN/ONFLIGHTMODE.COM
The H-Resort opened less than 2 years ago and is already one of the country's most popular five star destinations.
5. The jungle
Really, the jungle? On tiny islands?
The main islands of the Seychelles are actually granite rock that date back more than 200 million years to the ancient supercontinent Gondwana.
Scientists believe the lush untouched jungle found on those islands give a glimpse into what ancient life would have looked like.
BROOK SABIN/ONFLIGHTMODE.COM
The Vallee de Mai jungle is a glimpse into how the world looked hundreds of millions of years ago.
6. Zip lining
What better way to enjoy the prehistoric jungle than fly through it.
SMAC Adventures has set up the fist zip line in the country, and it's a must do! The 8 line adrenaline inducing course weaves through the canopy, before popping out near a beautiful swimming beach.
Just as entertaining is watching the guides show off their tricks, flipping and somersaulting their way down the course.
BROOK SABIN/ONFLIGHTMODE.COM
A zip lining guide shows off his tricks on the course.
7. Drive an island
The second largest island in the Seychelles is Praslin; home to incredible beaches and a UNESCO World Heritage protected jungle. One of the highlights of our trip was getting behind the wheel of a Mini Moke beach buggy to explore the beaches and jungle.
What's that? It's part convertible, part military-style jeep, and feels like a lego car- and it was seriously fun to drive.
BROOK SABIN/ONFLIGHTMODE.COM
The Mini Moke from Bliss Car Hire in Praslin.
Last year Brook Sabin (@brooksabin) and his partner Radha Engling (@globaladmirer) quit their jobs and sold everything to travel. They started a blog onflightmode.com and now call themselves fulltime travellers, making a living selling travel photos and video all around the world. Each week Kiwis in Flight will take you on their adventures.
The writer was a guest of The H Resort, SMAC Adventures and Bliss Car Hire.
-Stuff
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Escapades Seychelles 2017: Growing partnership reaping a successful harvest on the French market – eTurboNews
Posted: at 11:34 pm
The Seychelles Tourism Board has accomplished another successful edition of its annual roadshow in France, which remains the destinations top source market for tourism. The 14th edition of Escapades Seychelles was held from May 29 to June 1, 2017.
The train and dine events were held in Le Havre, Paris, Nice and Marseille with the highlight being in Paris, which recorded a successful turn out of tour operators and agents at the prestigious Aquarium de Paris Cinaqua.
High-tech giant screen presentations, using state of the art technology, including lighting and sound, were used to highlight the wonders of the Seychelles islands through a 3D feature about the destination. The images and descriptions conveyed the message of what makes Seychelles unique and sets it apart as a destination of choice among French travelers, and why they should experience this diversity the country has to offer.
The Seychelles Tourism Board Director for Europe Bernadette Willemin highlighted the importance of hosting such dedicated Seychelles events abroad, which helps to bring the islands into the limelight with the unified help of trade partners.
Willemin said: For an event to be so well supported by our partners and travel trade alike over so many years, it goes to show that the right marketing mix was used to create this recipe for success.
Willemin was accompanied by Jennifer Dupuy also from the Seychelles Tourism Boards European regional office. The delegation also comprised of representatives of the local trade: Maryline Gallois Air Seychelles; Ana Meneses Avani Seychelles Barbarons Resorts and Spa; Melanie Felix Bird Island Lodge; Virginie Fimbel Constance Hotels and Resorts; Caroline Aguirre and Maxime Berenguier Coral Strand Hotel & Savoy Resort and Spa; Guillaume Albert Domaine de lOrangeraie, Domaine de La Reserve and Cat Cocos; Clairemonde Coquet and Yves Guesad Enchanted Island Resort, Devi Pentamah Hilton Seychelles, Erwan Ly and Maurizio Maggi Kempinski Seychelles and Fabienne Tirant H Resort Beau Vallon Beach.
It is impressive to see increasing support from the local trade for this event as the level of participation continues to grow and more partners are willing to spend their marketing budget constructively in bringing their products to the doorstep of the French travel agents and tour operators, said Willemin. It is amazing to see that Escapades Seychelles remains as popular as it was fourteen years ago, she added.
The annual event is one which not only delivers on impacting potential travelers with the beauty of the islands and reasons to visit, but also on creating an amazing bond between the Seychelles Tourism Board office and all of its partners, who stood side by side during the 14th edition of Escapades Seychelles, proudly presenting the brand Seychellesanother world to the travel trade.
France has sent 20,088 visitors to Seychelles so far in 2017 according to the national bureau of statistics, and the Seychelles Tourism Board France is already looking forward to another year of hard work, support and motivation to continue to nurture, maintain and grow the French market.
While the next Seychelles Escapades is already planned for May 28 to June 1, 2018, the delegation who took part in this years event has been on the move in neighboring Belgium, Netherlands and Luxemburg for yet another round of promoting the destination as part of the Benelux series of event, being held from June 6-8, 2017.
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New committee set to run basketball in Seychelles – FIBA
Posted: at 11:34 pm
08/06/2017
Africa
Seychelles Basketball Federation Committee (SEY)
VICTORIA - Following anextraordinary Seychelles Basketball Federation (SBF) general meeting held on May 27, 2017, a new Committee has been appointed to run the game on the archipelago.
The new committee is still in the process of formalising a new road-map for the future of the game in Seychelles, and it's hoping to organise a Sports Forum (around September 2017) with all Team Representatives in order to gather maximum input with regards to the organization of basketball in general.
In an SBFstatement sent to FIBA.com, Secretary GeneralAdrian Pillay recalls that "Basketball in Seychelles is at this point in time at an all time high.
Seen here an SBF Women's League game between MBU Rockers against Beau Vallon Heat
"The venue that all League games are scheduled are packed most of the time," Pillay noted.
"However, there still remains major re-adjustments to be made in terms of re-organization of how the game is administered from bottom level to the higher level; that is, from the redevelopment programs for the youth up to the National Team level and beyond."
FIBA
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Proposed Trump budget cuts could pose security danger for Caribbean, United States – Miami Herald
Posted: at 11:34 pm
Miami Herald | Proposed Trump budget cuts could pose security danger for Caribbean, United States Miami Herald Caribbean leaders say proposed cuts to the U.S. State Department's foreign aid budget could have serious implications for the region and the United States at a time when there is increasing concern about terrorism. Hosted by Rep. Yvette Clarke, D-New ... |
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Proposed Trump budget cuts could pose security danger for Caribbean, United States - Miami Herald
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