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Sherman A1

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Gender: Male
Current location: U.S.
Member since: Sat May 13, 2006, 07:37 AM
Number of posts: 34,063

Journal Archives

Andrew Yang Policy on ECONOMIC CRIME



Wall Street investment firms made billions of dollars off of the subprime mortgage market, only to receive a bailout from the government while millions of Americans suffered through the Great Recession. Those who made the decisions that led to the crisis not only got off scot-free, but also became rich off of the spoils. The criminal justice system looked the other way because there was no mechanism to prosecute decision-makers.

Instead, financial crimes should be treated the same way as any other crime. Those perpetrating it should go to jail, and their punishment should reflect the amount of damage they’ve done to the economy and individuals they’ve defrauded.

"White-collar financial crimes are often treated as if they don’t have any victims, when in reality they tend to have the largest number of victims in terms of people whose savings and lives are impacted. The financial crisis in particular was egregious and crashed our economy and destroyed communities that are still digging out today. If someone is making millions of dollars as CEO, they should be ready to step up and take responsibility if their company acts in a way that harms the public interest. We need to ensure that large institutions will not abuse the public trust, which requires real accountability for leaders."

"Propose and promote the Public Protection Against Market Abuse Act, calling for mandatory minimum jail sentences based either on the size of the fine levied against financial institutions, or the amount of money involved in the fraudulent or unethical transactions. These sentences will be served by the CEO and largest individual domestic shareholder.
Direct my Department of Justice to enforce laws against financial institutions to the fullest extent of their power."

https://www.yang2020.com/policies/economic-crime/

Andrew Yang Policy on ECONOMIC CRIME

Wall Street investment firms made billions of dollars off of the subprime mortgage market, only to receive a bailout from the government while millions of Americans suffered through the Great Recession. Those who made the decisions that led to the crisis not only got off scot-free, but also became rich off of the spoils. The criminal justice system looked the other way because there was no mechanism to prosecute decision-makers.

Instead, financial crimes should be treated the same way as any other crime. Those perpetrating it should go to jail, and their punishment should reflect the amount of damage they’ve done to the economy and individuals they’ve defrauded.

"White-collar financial crimes are often treated as if they don’t have any victims, when in reality they tend to have the largest number of victims in terms of people whose savings and lives are impacted. The financial crisis in particular was egregious and crashed our economy and destroyed communities that are still digging out today. If someone is making millions of dollars as CEO, they should be ready to step up and take responsibility if their company acts in a way that harms the public interest. We need to ensure that large institutions will not abuse the public trust, which requires real accountability for leaders."

"Propose and promote the Public Protection Against Market Abuse Act, calling for mandatory minimum jail sentences based either on the size of the fine levied against financial institutions, or the amount of money involved in the fraudulent or unethical transactions. These sentences will be served by the CEO and largest individual domestic shareholder.
Direct my Department of Justice to enforce laws against financial institutions to the fullest extent of their power."


https://www.yang2020.com/policies/economic-crime/

The Missouri Highway Patrol Just Cracked A Big Odometer Fraud Case -- Here's How To Check Your Car


Like most big criminal cases, the odometer fraud ring that Missouri Highway Patrol Cpl. Nate Bradley recently busted started with one victim.

"A gentleman came to my shop here in Lee's Summit and he said, 'Hey, I bought this car, and I think I got swindled,'" Bradley recalls. "So I started looking into it and sure enough, he got swindled."

Over a five-year investigation, Bradley eventually uncovered 48 victims of a rollback scheme around Kansas City, according to a grand jury indictment in a case that was recently unsealed.

Charged are 48-year-old Wilfred Albanese and his girlfriend, 47-year-old Susan Cunningham. The couple "purchased high-mileage used vehicles and then used a variety of means to alter or reduce the mileage shown on the odometer," according to the indictment. They would also disable the check engine light, conceal rust and other damage with paint and alter maintenance records, all to make the car look better to their victims.

https://www.kcur.org/post/missouri-highway-patrol-just-cracked-big-odometer-fraud-case-heres-how-check-your-car

The Missouri Highway Patrol Just Cracked A Big Odometer Fraud Case -- Here's How To Check Your Car

Like most big criminal cases, the odometer fraud ring that Missouri Highway Patrol Cpl. Nate Bradley recently busted started with one victim.

"A gentleman came to my shop here in Lee's Summit and he said, 'Hey, I bought this car, and I think I got swindled,'" Bradley recalls. "So I started looking into it and sure enough, he got swindled."

Over a five-year investigation, Bradley eventually uncovered 48 victims of a rollback scheme around Kansas City, according to a grand jury indictment in a case that was recently unsealed.

Charged are 48-year-old Wilfred Albanese and his girlfriend, 47-year-old Susan Cunningham. The couple "purchased high-mileage used vehicles and then used a variety of means to alter or reduce the mileage shown on the odometer," according to the indictment. They would also disable the check engine light, conceal rust and other damage with paint and alter maintenance records, all to make the car look better to their victims.

https://www.kcur.org/post/missouri-highway-patrol-just-cracked-big-odometer-fraud-case-heres-how-check-your-car

Andrew Yang Policy on ALGORITHMIC TRADING/FRAUD


The way that trading algorithms currently operate makes it exceptionally difficult to find instances of impropriety. To combat this and make sure that everyone is operating cleanly, we must empower the CFTC to investigate any trades that consistently make money regardless of market movements. We must also enlist a network of veteran traders to police the market, offering them “bounties” on finding illegal activity.

"Investing in the market with computer-generated algorithms has become a game of identifying tiny market inefficiencies and wringing them of value at the expense of other investors and the public. There is no real value being generated and it increases the costs for retirees, pension funds and businesses trying to manage their risks. We need to start enforcing trading rules in a technologically sophisticated way."

"Provide the CTFC with enough funding to properly investigate any suspicious trades/algorithms.
Create a new team to find financial crime and bring the perpetrators to justice."

https://www.yang2020.com/policies/algorithmic-trading-fraud/

Andrew Yang Policy on ALGORITHMIC TRADING/FRAUD

The way that trading algorithms currently operate makes it exceptionally difficult to find instances of impropriety. To combat this and make sure that everyone is operating cleanly, we must empower the CFTC to investigate any trades that consistently make money regardless of market movements. We must also enlist a network of veteran traders to police the market, offering them “bounties” on finding illegal activity.

"Investing in the market with computer-generated algorithms has become a game of identifying tiny market inefficiencies and wringing them of value at the expense of other investors and the public. There is no real value being generated and it increases the costs for retirees, pension funds and businesses trying to manage their risks. We need to start enforcing trading rules in a technologically sophisticated way."

"Provide the CTFC with enough funding to properly investigate any suspicious trades/algorithms.
Create a new team to find financial crime and bring the perpetrators to justice."


https://www.yang2020.com/policies/algorithmic-trading-fraud/

Missouri Vehicle Stops Report Shows Continuing Disparities Between Black And White Drivers

The Missouri Attorney General's 2018 report on traffic stops shows black drivers were even more likely to be stopped than white drivers compared to the year prior. Statewide in 2018, blacks were 91% more likely than whites to be stopped by law enforcement. That's based on the driving-age population of both groups in the 2010 census. For 2017, the figure was 85%.

In relation to the entire population of Missouri, blacks were stopped at a rate of 76% in 2018 compared to 72% in 2017.

Attorney General Eric Schmitt’s office collected data from 596 law enforcement agencies statewide for the 2018 Vehicle Stops Report. The office began issuing the annual report in 2000.

In a message in the report, Schmitt writes: “Importantly, this data can help law enforcement identify disparities in stops, searches, and arrests and take appropriate action to improve both public safety and community relations."

https://news.stlpublicradio.org/post/missouri-vehicle-stops-report-shows-continuing-disparities-between-black-and-white-drivers

How Dungeons & Dragons Can Help Kids Develop Social-Emotional Learning Skills



For many of the kids who arrive at LiHigh School in Vermont, it’s their last chance at school. They have serious behavioral challenges that are difficult to address in traditional settings. LiHigh is a democratic school and emphasizes a therapeutic approach to student learning. It also uses a variety of personal learning strategies to develop curriculum around the students’ passions and interests, including the tabletop role-playing game (RPG), Dungeons & Dragons. A few years ago one of Kyle Callahan’s students with autism asked if the game could be played in class, and it has since become a cornerstone of the school’s program.

“Without a doubt, D&D has been one of the most successful classes we’ve offered at LiHigh School," said Callahan. "Students love it; staff love it; and it genuinely helps the students achieve their social-emotional goals.”

Join the Party

Dungeons & Dragons is a fundamentally social experience. A team of adventurers, known as a party, are immersed in a pseudo-medieval world of sword-and-sorcery run by the Dungeon Master (“DM” for short), who narrates setting and events and adapts the emerging game to the players’ free actions and decisions. The world of the game is orally constructed and conjured in the imagination with the help of rule books, reference guides, charts, multifaceted dice and maps.

Rather than compete, players work together to coordinate their complementary skill sets to problem-solve and overcome diverse challenges. Their co-dependence translates into a sense of belonging and genuine social cohesion.

https://www.kqed.org/mindshift/51784/how-dungeons-dragons-can-help-kids-develop-social-emotional-learning-skills?

How Dungeons & Dragons Can Help Kids Develop Social-Emotional Learning Skills

For many of the kids who arrive at LiHigh School in Vermont, it’s their last chance at school. They have serious behavioral challenges that are difficult to address in traditional settings. LiHigh is a democratic school and emphasizes a therapeutic approach to student learning. It also uses a variety of personal learning strategies to develop curriculum around the students’ passions and interests, including the tabletop role-playing game (RPG), Dungeons & Dragons. A few years ago one of Kyle Callahan’s students with autism asked if the game could be played in class, and it has since become a cornerstone of the school’s program.

“Without a doubt, D&D has been one of the most successful classes we’ve offered at LiHigh School," said Callahan. "Students love it; staff love it; and it genuinely helps the students achieve their social-emotional goals.”

Join the Party

Dungeons & Dragons is a fundamentally social experience. A team of adventurers, known as a party, are immersed in a pseudo-medieval world of sword-and-sorcery run by the Dungeon Master (“DM” for short), who narrates setting and events and adapts the emerging game to the players’ free actions and decisions. The world of the game is orally constructed and conjured in the imagination with the help of rule books, reference guides, charts, multifaceted dice and maps.

Rather than compete, players work together to coordinate their complementary skill sets to problem-solve and overcome diverse challenges. Their co-dependence translates into a sense of belonging and genuine social cohesion.

https://www.kqed.org/mindshift/51784/how-dungeons-dragons-can-help-kids-develop-social-emotional-learning-skills?

Andrew Yang Policy on ENTICE HIGH-SKILL INDIVIDUALS


America was built by those who wanted a better life and were willing to leave their home for that goal. Throughout our history, those born here have worked with those who have immigrated here to achieve some of our greatest accomplishments. America is greatest when native-born ideas are supplemented by fresh ideas from those who came here, like all of our ancestors, looking for a better life.

Since America has the greatest higher-education system in the world, many students are attracted here. Additionally, as we have some of the greatest companies headquartered here, high-skill workers are enticed by high salaries and great benefits.

As such, we should greatly expand our H-1B and F-1 visa programs to allow significantly more highly skilled individuals and top-of-their-class students to study and work here. Additionally, any highly rated worker or graduating student who receives a graduate degree here should be given a green card to remain in this country as a permanent resident.

"My father immigrated here from Taiwan to get his PhD in physics, stayed here, and generated over 50 U.S. patents for GE and IBM, two great American companies. We need to make sure that we are winning the global competition for talent to keep our economy strong and dynamic. It’s stupid to train top people and then let them leave, often to compete against us. We are in a global war for talent - the societies that attract the best and brightest are more competitive and innovative. America has traditionally won that battle. With me as your President, we will win again. We will make it clear that if you are smart and enterprising and want to build a business, there is no better place than the United States."

https://www.yang2020.com/policies/enticing-high-skill-individuals/
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