Monday, May 25, 2020

In Honor of Memorial Day, Tunnel To Towers to Provide Three Gold Star Families with Mortgage-Free Homes

Staten Island, NY - May 25, 2020 - (The Ponder News) -- This Memorial Day, the Stephen Siller Tunnel to Towers Foundation, named after a fallen 9/11 FDNY firefighter, announced it will be providing mortgage-free homes to three Gold Star families - the families of U.S. Army Staff Sergeant Matthew J. West, U.S. Army Specialist Christopher Michael Harris, and U.S. Army Staff Sergeant William S. Jackson II.

SSG West, 36, was killed in action in Afghanistan on August 30, 2010, when his vehicle was hit by an IED. He joined the Army in June of 2004, and was on his third deployment at the time of his death.

SSG West left behind his wife, Carolyn, and their three children, Tyler, Joseph, and Annaliese.

“Not only will the Gold Star Family Home Program allow me to give them [the children] a home, but it will also help me to secure their education and future with less stress, and allow us to continue to make more happy family memories,” said Carolyn West.

SPC Harris, 25, was killed in action in Afghanistan on August 2, 2017. He was just one month into his first deployment when a vehicle packed with explosives detonated near his convoy, taking his life.

SPC Harris left behind his pregnant wife, Britt, who was expecting their first child. She welcomed their daughter, Christian Michelle, in March 2018.

“She’s my whole world,” Britt said of Christian Michelle. “The Gold Star Family Home Program will allow me to set aside a proper savings account for my daughter.”

SSG Jackson, known to his friends and family as Jack, was killed on Veterans Day 2006 when an IED detonated near his vehicle in Ramadi, Iraq. The 29-year-old first served in the U.S. Marines for four years, from 1998-2002, before joining the Army.

SSG Jackson is survived by his wife, Katie, and their four children, Zachariah, Levi, Samuel, and Hannah. All four children were younger than six when their father was killed.

“Since Jack’s death, we have felt like we have been in survival mode in many ways. Receiving a home would take the edge off of the feeling of shouldering a heavy burden alone. It would bring such a sense of relief,” Katie said.

The Tunnel to Towers Foundation’s Gold Star Family Home Program honors the legacy of those who have made the ultimate sacrifice while serving our country by providing the surviving spouses and young children with mortgage-free homes.

“SSG West, SPC Harris, and SSG Jackson put their lives on the line in service of our country, and tragically, they did not make it home to their families. This Memorial Day, the Tunnel to Towers Foundation wants the West, Harris, and Jackson families to know that their sacrifices are remembered. We hope the knowledge that they will never have to make another mortgage payment again will provide Carolyn, Britt, Katie, and their children with some peace of mind as they continue to grieve,” said Foundation Chairman and CEO Frank Siller.

You can help Tunnel to Towers provide mortgage-free homes to Gold Star families by donating $11 per month at tunnel2towers.org.

Not Registered to Vote? Steven Odzer Shares Why It’s Time to Register to Vote

Henderson, NV - May 25, 2020 - (The Ponder News) -- With election season upon us, Steven Odzer wants to encourage young Americans and anyone else who hasn’t registered to vote to do so. Research from the last election shows that the young vote accounts for about half of the voting population. Steven Odzer points out that young Americans don’t realize how much influence they have on the future of their country. In a few short years, millennials will overpower baby boomers as a population, which is why it’s so important they get out and vote. The young vote declined 2% from 52% in the 2008 election, and young voters still made up half of the voters in 2016.

Steven Odzer is very much involved in the political aspects of his community. “I am very involved with Republican Party and Republican Jewish Committee,” says Steven Odzer. Steven Odzer is aware of the importance of the young vote, which is why he supports the Republican party and the RJC. It’s essential also to get young Americans to vote and find their voice so that they can make a difference at the local and national level.

On November 12, 2019, Steven Odzer attended an event at the Economic Club where President Donald Trump gave a speech. “I’m a strong supporter of the Republican Party and the RJC, so it was an honor to attend the event,” he said. It is during events like those that inspire Steven Odzer to keep supporting the Republican party.

According to Steven, Odzer is vital to talk to them about the importance of voting from an early age. The young population needs to understand that since they make up over half of the voting population, candidates count on the vote of Millennials. Aside from being a large group, young voters are also a diverse group. Candidates will focus on the young majority when campaigning this election season due to their diversity. Young voters come from different backgrounds, which also help diversify the vote.

Steven Odzer mentions young Americans should be more interested in voting because they were the ones who got hit the hardest during the recession of 2008. Millennials took a hit in the job market, student loans, and even healthcare. By voting, young Americans can support the leaders that best represent their financial interests.

Steven Odzer has made a name for himself in the distribution industry. Steven Odzer has served as CEO of many successful companies. Currently, YBT Industries of Henderson, NV. Steven Odzer, also dedicates a lot of time helping out the community. He supports causes such as both Jewish and non-Jewish causes, the AHRC, and Bris Avrohom.

Lt. Col. Allen West Recovering in Waco From Motorcycle Accident

Garland, TX - May 25, 2020 - (The Ponder News) -- On his drive back from the “Free Texas Rally” in Austin, TX, Lt. Col. Allen West was involved in an accident when a car cut in front of him. He is recovering, in stable condition, and has his family with him.
Local law enforcement reported that “an unidentified vehicle changed lanes when unsafe in front of two motorcyclists. The motorcyclist attempted to brake, and the rear motorcyclist crashed into the front motorcyclist. Both motorcyclists were transported to Baylor Scott and White in Waco to be treated for non-life threatening injuries.”

Allen West is currently dealing with a concussion, several fractured bones, and multiple lacerations. Though these injuries are serious, Lt. Col. West stated, “I am alive by the grace of God.”

He plans to continue to be a proponent for freedom and the state of Texas, and will resume his normal calendar of activities as given clearance by his medical team.

LTC West thanks the public for their well-wishes and outpouring of support, and continued prayers on his behalf are appreciated.

Learn more about Allen West, his campaign, and how to keep Texas Red by clicking HERE

Senate passes Kennedy and Van Hollen’s bill to kick deceitful Chinese companies off U.S. exchanges

Washington, D.C. - May 25, 2020 - (The Ponder News) -- On Wednesday, the Senate passed the Holding Foreign Companies Accountable Act by unanimous consent. Sens. John Kennedy (R-La.) and Chris Van Hollen (D-Md.) introduced the legislation to protect American investors and their retirement savings from foreign companies that have been operating on U.S. stock exchanges while flouting Securities and Exchange Commission (SEC) oversight.

“The SEC works hard to protect American investors from being swindled by American companies. It’s asinine that we’re giving Chinese companies the opportunity to exploit hardworking Americans—people who put their retirement and college savings in our exchanges—because we don’t insist on examining their books. There are plenty of markets all over the world open to cheaters, but America can’t afford to be one of them. China is on a glidepath to dominance and is cheating at every turn. I hope my colleagues in the House will immediately send this bill to the president’s desk so we can protect Americans and their savings,” said Kennedy.

“As we continue to experience the economic fallout and volatility caused by the COVID-19 pandemic, the need to protect main street investors is all the more important. For too long, Chinese companies have disregarded U.S. reporting standards, misleading our investors. Publicly listed companies should all be held to the same standards, and this bill makes commonsense changes to level the playing field and give investors the transparency they need to make informed decisions. I’m proud that we were able to pass it today with overwhelming bipartisan support, and I urge our House colleagues to act quickly,” said Van Hollen.

The Holding Foreign Companies Accountable Act prohibits securities of a company from being listed on any of the U.S. securities exchanges if the company has failed to comply with the Public Company Accounting Oversight Board’s (PCAOB) audits for three years in a row.

The bill would also require public companies to disclose whether they are owned or controlled by a foreign government, including China’s communist government.

Many Americans invest in U.S. stock exchanges as part of their retirement savings, and dishonest companies operating on the exchanges put Americans at risk. This legislation protects the interest of hardworking American investors by ensuring that foreign companies traded in America are subject to the same independent audit requirements that apply to American companies.

Sens. Kevin Cramer (R-N.D.), Tom Cotton (R-Ark.), Bob Menendez (D-N.J.), Marco Rubio (R-Fla.) and Rick Scott (R-Fla.) have cosponsored the bill.

Background:

Congress established the PCAOB to inspect audits of public companies, ensuring the information companies provide to the public is accurate, independent and trustworthy.

Currently, China’s communist government refuses to allow the PCAOB to inspect audits of companies registered in China and Hong Kong. Such companies represent a keen risk to American investors as nearly 11 percent of all securities class action lawsuits in 2011 were brought against Chinese-owned companies accused of misrepresenting themselves in financial documents.

According to the SEC, 224 U.S.-listed companies are located in countries where there are obstacles to PCAOB inspections. These companies have a combined market capitalization of more than $1.8 trillion.

In the last 10 years, the number of Chinese companies listed on U.S. stock exchanges has increased significantly, as those firms take advantage of the capital available in America.

Friday, May 22, 2020

Today's News for the Week Prior and Up to May 22, 2020


Historic LGBTQ Victory: U.S. House Passes Equality Act
Source: National LGBTQ Task Force Action Fund
May 17, 2020, 2020
Now that it’s been successfully passed in the House, we will turn our attention to building grassroots support and momentum to advance the Senate version of the Equality Act that is led by Senators Jeff Merkley, Susan Collins, Tammy Baldwin, and Cory Booker.
Read more...

Farm and Environmental Organizations Rebuke New USDA Regulatory Review
Source: National Family Farm Coalition
May 18, 2020, 2020
“USDA’s release of its new GE regulatory framework has dealt a devastating blow to the security of farmers’ livelihoods, the health of their farms and communities, and their ability to build the biodiverse, climate-resilient, and economically robust farming systems that we so urgently need. We’ve already seen how GE seeds engineered to resist herbicides like glyphosate, 2,4-D, and dicamba, are driving widespread pesticide drift that is damaging crops, destroying farm businesses and wreaking havoc across the country. By abdicating the last of its responsibility to protect the public good in favor of corporate profit, USDA is encouraging a flood of new, untested genetically engineered organisms into our rural landscapes, putting farmers, ecosystems and our food supply at risk.”
Read more...

NIH-funded study to investigate pregnancy outcomes resulting from COVID-19 pandemic
Source: National Institutes of Health
May 19, 2020, 2020
The National Institutes of Health has launched a multipronged study to understand the effects of the COVID-19 pandemic during and after pregnancy. Researchers will analyze the medical records of up to 21,000 women to evaluate whether changes to healthcare delivery that were implemented as a result of the pandemic have led to higher rates of pregnancy-related complications and cesarean delivery. They also seek to establish the risk of pregnant women with COVID-19 infection transmitting the virus to their fetus. Newborns will be monitored and assessed until they are discharged from the hospital.
Read more...

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With Millions Of Jobs At Stake, State And Local Government Associations Call On Congress To Approve Aid
Source: National Governor’s Association
May 20, 2020, 2020
With millions of jobs and the economic recovery at stake, the seven leading organizations representing state, territorial and local governments called on Congress to approve an aid package that would sustain vital services to Americans during the COVID-19 pandemic.
Read more...

New rules from OCC: Banks can now get CRA credit for funding digital inclusion
Source: National Digital Inclusion Alliance
May 20, 2020, 2020
The Office of the Comptroller of the Currency (OCC), the Federal agency that oversees national banks and savings associations, has just added support for community digital inclusion programs to its official list of “qualified activities” that could help a regulated bank meet its obligations under the Community Reinvestment Act (CRA).
Read more...

HHS clarifies that pharmacists are authorized to administer COVID-19 testing despite state law
Source: National Community Pharmacists Association
May 20, 2020, 2020
On May 19, HHS' Office of General Counsel released an advisory opinion clarifying that pharmacists are authorized to order and administer FDA-authorized COVID-19 tests in states where they are not be authorized to do so.
Read more...

The HEAL Act Expands Access to Health Care Regardless of Immigration Status
Source: National Immigration Law Center
May 20, 2020, 2020
Senator Cory Booker (D-NJ) introduced the Health Equity and Access under the Law (HEAL) for Immigrant Women and Families Act to expand immigrants’ access to crucial and comprehensive health care, with support from more than 250 organizations. This year marks the bill’s first-ever introduction in the Senate, and it comes at a time when it is abundantly clear that health coverage and care are critical for every person, family, and community.
Read more...

More Than 170 Businesses and Community Organizations Call on Congressional Leaders to Provide Direct Federal Aid to America’s Cities, Towns, and Villages
Source: National League of Cities
May 20, 2020, 2020
More than 170 businesses, associations, and community organizations sent a letter to congressional leaders in the House and Senate today urging them to provide direct federal assistance to America’s cities, towns, and villages in the next congressional recovery bill. The coalition is coming together following the bipartisan decision to shut down the nation’s economy due to COVID-19, which has strained the budgets of cities of all shapes and sizes, urban and rural, and of all political stripes.
Read more...


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Majority of Small Businesses Have Received PPP Loan Funding, Fewer have Received an EIDL Loan
Source: National Federation of Independent Business
May 21, 2020, 2020
“Small businesses continue to face many challenges in operating their business in these difficult times,” said Holly Wade, NFIB Director of Research & Policy Analysis. “Congress and the Administration have the authority to further lighten the burden for many of their immediate concerns, especially in offering more flexibility for PPP loans.”
Read more...

Amid Pandemic, Migrants Face Impossible Choices
Source: National Immigration Forum
May 21, 2020, 2020
A new Trump administration policy is reportedly forcing migrant parents to choose between family separation and indefinite detention in crowded facilities, adding to a growing list of troubling immigration policies amid the COVID-19 pandemic.
Read more...



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Los Angeles County Ends PACE Program Marred by Fraud, Abuse, and Unaffordable Loans
Source: National Consumer Law Center
May 22, 2020, 2020
Effective May 13, 2020, Los Angeles County has discontinued new financing under its Property Assessed Clean Energy (PACE) loan program, concluding the County could not be certain the program can “provide sufficient protection for all consumers.”
Read more...

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Friday, May 1, 2020

Trump Secures Electric Power System

Washington, D.C. - May 1, 2020 - (The Ponder News) -- In an effort to better protect the electric grid from attacks from foreign adversaries, President Trump has signed an Executive Order, "Securing the United States Bulk Power System," banning the purchase and installation of some equipment for power plants and the transmission system, according to the U.S. Department of Energy.

In response, Jim Cunningham, executive director of Protect Our Power, issued the following statement:

"This Executive Order is an important first step -- one that Protect Our Power supports -- to address dangerous cyber-related vulnerabilities in the electric sector supply chain. The order highlights a looming threat that Protect Our Power and other security experts have identified for some time now.

"In November 2018, Protect Our Power and security firm Ridge Global issued a report that assessed our nation's increasing dependence on foreign suppliers. More recently, in conjunction with Ridge Global, we released a report in late February that examined cybersecurity risks in the power industry's supply chain and called for a collaborative effort among buyers, sellers and regulators to build an acceptable supply chain protocol to assure the integrity of the industry's supply chain. We continue to work on this project and today's action highlights the importance of that effort.

"And only weeks ago, the Cyberspace Solarium Commission issued a report with recommendations aimed at better securing our nation's critical infrastructure, including the electric grid which is vital to the ability of so many other critical sectors to continue functioning. The commission's report specifically stated the United States 'can limit market access to untrusted or high-risk vendors where the risk of supply chain compromise is unacceptable.'

"The president's Executive Order appropriately empowers the Energy Secretary to act with input from the new Task Force established in the order. This should allow for needed coordination between our intelligence agencies and Homeland Security to implement timely and informed actions. This also highlights the pressing need to establish in-depth protocols to guide the actions of buyers, sellers and regulators to assure the cyber integrity of our nation's electric sector supply chain.

"While we should be sensitive not to dramatically increase costs to consumers, we absolutely must work more urgently and comprehensively to better secure the supply chain and protect Americans from the consequences of a high-impact cyberattack."


Wednesday, April 29, 2020

Shuttered by COVID-19, Restaurants, Businesses Fighting Back Against Insurance Company Claim Denials


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Dallas, TX - April 29, 2020 - (The Ponder News) -- Businesses across a range of sectors are starting to fight back against insurance companies, charging that insurers are operating in bad faith by rejecting claims for damages caused by the COVID-19 pandemic and shelter-in-place orders that have shut down their businesses, according to two new federal bad-faith insurance lawsuits filed by the Fears Nachawati Law Firm.

According to lawsuits filed on behalf of Dallas-based Salum restaurant and Houston-based Frosch International Travel, Travelers Indemnity Company rejected their damages and business-interruption claims without investigating.

In defending its denial to Salum's claim, Travelers wrongly stated that language in the restaurant's policy specifically excludes losses caused by "bacteria and viruses," according to the lawsuit. However, Salum's "Deluxe Coverage" policy contains no such language. Travelers also claims that the restaurant has not suffered because restaurants are allowed to sell food to-go, even though it has never offered takeout service.

Based in Houston, Frosch has offices in 40 cities and employs more than 2,200 people. The company's policy states that it would "pay for [T]he actual loss of Business Income … sustain[ed] due to the necessary 'suspension' of your 'operations.'" The policy also promises to pay for additional coverages, including damages that occur when a business is closed by civil authorities, as happened across the United States during the pandemic. In its denial, Travelers claimed that Frosch had not suffered a "cessation of business" because it was still open and had not sustained property damage.

"This is the definition of bad faith," said Fears Nachawati trial lawyer Matthew McCarley. "Insurance companies like Travelers have systematically taken advantage of loyal policy holders, promising coverage but backing out when businesses need them the most."

Mr. McCarley says these two businesses are not unique. Across the country, businesses affected by the pandemic are finding that business interruption claims are being denied as the insurance industry's powerful lobby pressures lawmakers to change the rules after-the-fact and exempt the industry from pandemic-related liability.

The lawsuits seek declaratory judgments that Travelers must honor the policies and cover the damages claims. They also seek damages for breach of contract, violation of the Texas Insurance Code, and breach of Travelers' duty of good faith and fair dealing. Insurance statutes provide for up to triple the amount of punitive awards for insurance companies found to have operated in bad faith.

The cases are Salum Restaurant LTD v The Travelers Indemnity Company, case No. 3:20-cv-01034 in the U.S. District Court for the Northern District of Texas; and Frosch Holdco et al. v The Travelers Indemnity Company, et al., case No. 4:20-cv-0148 in the U.S. District Court for the Southern District of Texas.



Conservation Groups Challenge EPA's Gutting of Clean Water Protections in Federal Court



Charleston, SC - April 29, 2020 - (The Ponder News) -- Conservation groups challenged in federal court the administration's effort to gut clean water protections from wetlands and streams that feed drinking-water sources for 200 million Americans and 32 million people in the South, or seven out of ten Southerners. The legal challenge, filed in the U.S. District Court for the District of South Carolina, opens a major court battle over the U.S. Environmental Protection Agency's and U.S. Army Corps of Engineers' re-definition of what waters are protected under the Clean Water Act that leaves many waterways unprotected as well as the communities and wildlife that rely on them.

The Southern Environmental Law Center filed today's challenge on behalf of American Rivers, Charleston Waterkeeper, Chattahoochee Riverkeeper, Clean Water Action, Defenders of Wildlife, Environment America, Friends of the Rappahannock, James River Association, National Wildlife Federation, North Carolina Coastal Federation, North Carolina Wildlife Federation, Public Employees for Environmental Responsibility (PEER), Roanoke River Basin Association and South Carolina Coastal Conservation League.

The lawsuit contends that the agencies' wholesale stripping of protections was an unlawful departure from decades of bipartisan practice. Among other things, the agencies failed to explain or evaluate the impact of their actions on the nation's water quality or give Americans a meaningful opportunity to comment on the elimination of scientifically-based protections for streams and wetlands.

The lawsuit contends the rule is contrary to the Clean Water Act's central aim to protect the integrity of America's waterways and ignores basic science – a point underlined by EPA's own Science Advisory Board, which warned that the proposed rule flew in the face of established studies and research.

The challenged rule ignores the intent of the Clean Water Act, which a bipartisan Congress passed in 1972 because state-by-state efforts to clean the nation's waters failed.

The agencies' bid to dramatically reduce water protections was met with overwhelming opposition, with the bulk of more than 600,000 comments submitted from across the country opposed to the stripping away the Clean Water Act's reach.

Comments from the groups who filed in federal court today to protect clean water follow.

"Every family and community across America relies on clean water, but these agencies ignored all that to facilitate unlimited water pollution across the nation," said Blan Holman, senior attorney and leader of the Clean Water Defense Initiative at the Southern Environmental Law Center which is representing the conservation groups in court. "This unlawful rule puts the water used by hundreds of millions of Americans for drinking, bathing, fishing, and business at risk as well as countless communities that deal with floods and hurricanes. You don't have to be a rocket scientist to know that pollution dumped upstream flows downstream, but the agencies shut their eyes to science and common sense. That violation of the law is why we're going to court to protect clean water."

"The Trump administration's Dirty Water Rule would reverse 50 years of progress protecting clean water in our country," said Bob Irvin, president and CEO of American Rivers. "It ignores science and threatens the health and safety of hundreds of millions of people who depend on rivers and streams for clean water. We will continue standing up against this administration's reckless rollbacks to our clean water safeguards because our nation's health, security and future depend on it."

"It's hard to imagine a worse idea," said Andrew Wunderley, Charleston waterkeeper. "Aggressive growth is threatening our freshwater wetlands and there are no state or local protections to fall back on in South Carolina. Removing these protections now means more flooding and more pollution--that's not good for anyone.

"As surely as water flows downstream, the Dirty Water Rule endangers the waterways where millions of Americans swim, fish, boat, and draw our drinking water," said John Rumpler, clean water program director for Environment America. "Revoking Clean Water Act protections for streams and wetlands defies common sense, sound science, and the law."

"The administration's new rule completely undermines the core purpose of the Clean Water Act, which is to restore and maintain the integrity of our nation's waters. It will put the health of communities throughout the country at risk," said Jennifer Peters, national water programs director at Clean Water Action. "Even kids understand we all live downstream and that small streams and wetlands are vital to overall health of our drinking water sources. Instead of acting like drinking water matters, EPA is prioritizing polluter profits with this illegal and unscientific rule and standing its mission to protect human health and the environment on its head."

"The Trump administration's reversal of protections for clean water is reckless and irresponsible. Wetlands, streams and freshwater bays provide important habitat diversity to many imperiled species like the southern bog turtle, Florida manatee, Eastern hellbender, Rio Grande cutthroat trout and more. We are heading to court to fight the administration's rollback that threatens thousands of streams, wetlands, and bays in the U.S. and the wildlife that call them home," said Lindsay Dubin, staff attorney, Defenders of Wildlife.

"Clean drinking water, a fishable and swimmable James River, increased river-based tourism and economic development – all of these we owe to the protections of the federal Clean Water Act. The EPA's rule puts our local waterways at risk and threatens to erode decades of progress to restore the health of the James River," said Jameson Brunkow, riverkeeper and senior advocacy manager with the James River Association. "We are speaking up to defend protections for critical headwater streams and wetlands, which science shows support downstream water quality and healthy waterways."

"This rule effectively guts the Clean Water Act by permanently removing protections for approximately half the nation's streams and wetlands," said Jim Murphy, director of legal advocacy for the National Wildlife Federation. "It should be shocking, but it isn't, that the EPA did not examine the impacts of this rule on water quality or public health. The agency has openly admitted it did not do a substantive analysis of which streams and wetlands would lose protections and which pollution permits would be invalidated as a result. We think the courts will agree that federal rules should be based on sound science and that this one is not."

"The repeal of Clean Water Act protections would put North Carolina's water resources at risk by removing protections from smaller headwater streams and tributaries, and would undermine our state's resiliency during flooding events by eliminating protections on millions of acres of wetlands that safeguard our communities," said Tim Gestwicki, CEO of the North Carolina Wildlife Federation. "As North Carolina continues to rebuild from the past two years of hurricanes and historic flooding, the rollback repeals are especially egregious. We need restored wetlands, streams, and floodplains, not less protections.

"Wildlife need clean water and hunters and anglers know that without it, there won't be ducks to hunt or fish to catch," added Gestwicki. "Folks who love our streams, rivers, and wetlands deserve better, which is why this grievous repeal must be fought in court."

The agencies have 60 days to respond to the lawsuit.

For more than 30 years, the Southern Environmental Law Center has used the power of the law to champion the environment of the Southeast. With over 80 attorneys and nine offices across the region, SELC is widely recognized as the Southeast's foremost environmental organization and regional leader. SELC works on a full range of environmental issues to protect our natural resources and the health and well-being of all the people in our region.


Study Predicts: with Fast Re-Opening of State Economies, America's Recession Will End by Late Summer, Swift Recovery in Fall, Data Does Not Point to Great Depression Era Scenario


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Washington, D.C. - April 29, 2020 - (The Ponder News) -- Nationally-renowned economists Dr. Arthur B. Laffer and Stephen Moore, both members of President Donald J. Trump's Economic Recovery Task Force, have released a study predicting a swift economic recovery if states reopen quickly.

"We are advising the White House and many governors across the country, there is a big difference in the swiftness and size of the recovery based on the speed at which states reopen,' says Stephen Moore. "Connecticut, Michigan, New Jersey and New York would be wise to follow the leads of the states in the south and mountain states, or they could see a deep recession through the end of 2020."

Countering many predictions of economic doom, Moore and Laffer find that "with the right national policy prescriptions and most states reopening their economies next week, we will see a very sharp contraction this summer with high unemployment followed by a strong recovery will arrive within three to six months."

The authors compared the sharp economic contraction from the coronavirus with other sharp economic collapses, including the Great Depression, and found that the key market indicators, such as the stock market and the gold price, point to a fast pick-up in growth when the economy gets back on its feet.

"There is just no indication of anything like a Great Depression, says Dr. Laffer, who has advised several presidents and recently was awarded the Presidential Medal of Freedom from President Trump.

The study also predicts a "very uneven" recovery "with some states and regions of the country advancing at a much faster pace than others." Because states are taking the lead in opening up the economy, some regions of the country will do much better than others. States such as New York, Connecticut, and Illinois in the northeast and Midwest are expected to lag because the governors in those states aren't opening right away. "The recovery will be led by states in the south like Florida, Georgia and South Carolina and western states like Arizona and Colorado – all of which are starting to open immediately."





Saturday, April 25, 2020

Lawsuit Filed Against Real Estate Company for Firing Employee Who Asked to Work Remotely During 'Shelter-in-Place' Orders

Dallas, TX - April 25, 2020 - (The Ponder News) -- The former general counsel for Frisco, Texas-based real estate investment and development company Tekin & Associates has filed suit against her former employer, claiming wrongful dismissal in response to her request to work from home during the current COVID-19 outbreak.

As a resident of Dallas County subjected to the county's shelter-in-place orders designed to stem the transmission of the coronavirus, Amy Reggio had sought permission to work from home to avoid violating the county orders. Among her concerns was the risk of legal repercussions for driving to the company's Collin County office, which was not included among "essential" businesses under the Dallas County order.

Ms. Reggio's requests were systematically denied by company president Mark Tekin, culminating with Mr. Tekin firing her on March 27 "within minutes" of receiving an email she had sent him outlining her concerns, and reiterating her refusal to violate Dallas County law and her ability to work from her home, according to the lawsuit.

"We are in unprecedented times and the last concern any of us should have is that our employer will flatly refuse to concede that health concerns and complying with the law are viable reasons to work remotely," said Ms. Reggio's attorney Joshua Iacuone of the Dallas-based litigation law firm of Rogge Dunn Group PC.

"Not only did Mr. Tekin repeatedly refuse to consider Amy's requests, he proved to be increasingly belligerent in expressing his anger over the fact that she shared her concerns, refused to violate the law, and asked to work from home," added attorney Rogge Dunn, who also represents Ms. Reggio.

Rogge Dunn Group has built a well-deserved reputation for aggressive litigation, outstanding results and attentive client service. Led by founding partner Rogge Dunn, the firm is well-known for successfully trying high-profile business and employment disputes. This trial experience fosters innovative strategies to obtain effective settlements and minimize litigation risks for corporate and individual clients. Based in Dallas, the firm tries cases in state and federal courts in Texas and throughout the United States.