Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Edward Sheldon, CFA | Friday, 27th November, 2020 | More on: RKT Simply click below to discover how you can take advantage of this. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Insiders are buying this FTSE 100 stock. So am I One thing I like to keep an eye on as part of my investment research is director dealing. Nobody knows a business better than its leaders. If these ‘insiders’ are buying company stock, it can be a sign that it is undervalued.Recently, I’ve noticed some large insider buys at a FTSE 100 company. I see this director dealing as very encouraging. On the back of this insider activity, I’ve bought more shares in the company myself.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…FTSE 100 director dealingThe FTSE 100 company I’m referring to is consumer goods champion Reckitt Benckiser (LSE: RB). It owns Dettol, Nurofen, Durex, and a host of other well-known brands.This week, the company has announced two large director deals. On 20 November, Chairman Chris Sinclair purchased 3,700 shares, spending £248,600 on the stock. Then, on 25 November, CEO Laxman Narasimhan purchased 7,930 shares, spending £501,900.Insiders appear to be confidentThis director dealing looks bullish to me for a number of reasons.Firstly, these are top-level insiders who have bought stock. They are likely to have an in-depth understanding of Reckitt’s recent performance. It’s fair to assume that they are going to be way ahead of analysts and fund managers.Secondly, these are large purchases. Both insiders have increased their stakes in the company significantly. Narasimhan’s purchase of 7,930 shares, for example, has increased the size of his holding by 23%. Meanwhile, Sinclair’s purchase of 3,700 shares has increased his stake by 60%. This suggests that these insiders firmly believe the FTSE 100 stock is undervalued right now.Finally, insiders at Reckitt Benckiser have timed their purchases well in the past. Back in March, a number of top-level insiders, including the CEO, purchased RB stock when it dropped below £60. In the next few months, the share price rose to around £80 on the back of strong results.I’m bullish on Reckitt BenckiserThis director dealing is not the only thing I like about RB right now. There are other reasons I’m bullish on the FTSE 100 stock. One is that the company is benefiting from the increased focus on hygiene as a result of Covid-19. This is reflected in recent results, which have been excellent. Third-quarter results, for example, showed like-for-like sales growth of 13.3%. I expect hygiene to remain a focus across the world for years to come.Secondly, City analysts are currently upgrading their earnings forecasts. Over the last month, the consensus earnings per share forecast for this year has risen from 318.8p to 325.2p. This is a positive development and it should support the share price.I’ve bought more shares in this FTSE 100 firmAfter rising to £80 in late July, Reckitt shares have pulled back to near £65 recently. Since the vaccine news, investors have dumped the stock.I see a lot of value here after this pullback (and clearly so do the CEO and the Chairman). Earlier in the week, after the Chairman’s purchase, I topped up my holding.With the forward-looking P/E ratio currently around 20, and a yield of about 2.7% on offer, I see this recession-proof FTSE 100 stock as a strong buy. Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Edward Sheldon owns shares in Reckitt Benckiser. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Edward Sheldon, CFA Our 6 ‘Best Buys Now’ Shares
Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. I’d buy these high-ROCE UK shares Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Andy Ross | Friday, 11th June, 2021 | More on: FXPO Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images To make the best returns I can year after year, I want to invest in easy-to-understand UK shares with high-quality attributes. A shortcut to finding the latter is to focus on a metric known as return on capital employed (ROCE).What is ROCE?ROCE is a financial ratio, used by investors to measure a company’s profitability and the efficiency with which its capital is used. The higher the number the better, as it means management is investing money wisely to create more money. That can be the basis for either a growing dividend or — hopefully — growth, which will be reflected in an increasing share price, all being well.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It’s important because it helps show the quality of a company. If a business is buying assets that can’t generate returns, then the share price isn’t going to do well. If it can though, the opposite should be true. As an investor I want to see management investing for growth effectively and spending money to make more money in the future.UK shares with high ROCEGiven the importance of ROCE, I set up a screen for companies with a reading above 20 and strong five-year cash flow growth. This simple screen offered up some UK shares I might consider adding to my portfolio.They included iron ore pellet producer Ferrexpo (LSE: FXPO). Also on the list were UK shares such as Sylvania Platinum, Somero Enterprises, Boohoo, Team17 and a number of others. In total, the screen threw up 36 UK shares meeting the criteria.Ferrexpo – a quality UK share?Following this simple exercise, I wanted to take a more in-depth look at Ferrexpo. It should benefit this year from growth in economic activity, especially in emerging markets. Construction and other industries that use steel will push up demand for iron ore, which should in theory push up prices for Ferrexpo. A combination of volume and price increases could really help the top and bottom line.Yet even though the future could be very bright, the P/E is only around four. That’s among the lowest P/E ratios I’ve seen. It makes me think the shares are very cheap, so the valuation is attractive. If I look at Evraz, which is bigger but broadly comparable, then its P/E is around eight.As with any miner though, there are risks, because global markets (not the company) control prices for the product. Any fall, perhaps because a new variant of Covid slows down the global economic recovery, would very likely hit the Ferrexpo share price.The company has in the past had governance issues too, which is off-putting for an investor like me. Its auditors investigated large payments to a charity suspected of being run by the chief executive. Also, its mines are in Ukraine, putting it at risk potentially from any Russian moves in that country.As a miner there are always going to be a fair few risks. That said, the high return on capital employed, combined with a global economic recovery and the cheap valuation of the shares all make tempt to add Ferrexpo to my portfolio. It seems like a high-quality UK share to me. Enter Your Email Address FREE REPORT: Why this £5 stock could be set to surge Get the full details on this £5 stock now – while your report is free. Andy Ross owns no shares mentioned. The Motley Fool UK has recommended boohoo group and Somero Enterprises, Inc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Andy Ross
The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Canon for Family Ministry Jackson, MS Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT [Anglican Communion News Service] More than 50 religious leaders from across Australia have called on Gautam Adani, chairman and founder of the Adani Group, to abandon plans to build a new coal mine in Northern Queensland.In an open letter delivered on April 18 to representatives of the Adani Group at their Townsville office, the coalition – including Anglicans Bishop Philip Huggins of the Diocese of Melbourne and Dean of Brisbane’s Cathedral Peter Catt – said they oppose all new coal mining in Queensland’s Galilee Basin. The faith leaders argued that the environmental impact of a new mine would be “too great,” while the economic rationale was “grasping at short-term profits from a thermal coal industry in worldwide structural decline” and could not provide the long-term jobs the region needs. Instead, they urged Adani to invest his company’s wealth into renewable energies.Read the full article here. Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Washington, DC Rector Shreveport, LA Assistant/Associate Priest Scottsdale, AZ Submit a Press Release April 22, 2018 at 9:20 pm Once again, an example of Marxism in action disguised as religion. Comments are closed. PJ Cabbiness says: Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Tags Rector and Chaplain Eugene, OR Anglican Communion Rector Tampa, FL Associate Rector Columbus, GA AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Assistant/Associate Rector Washington, DC Associate Rector for Family Ministries Anchorage, AK Rector Knoxville, TN Cathedral Dean Boise, ID Curate (Associate & Priest-in-Charge) Traverse City, MI Course Director Jerusalem, Israel Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Belleville, IL Director of Music Morristown, NJ Rector (FT or PT) Indian River, MI Priest-in-Charge Lebanon, OH Rector/Priest in Charge (PT) Lisbon, ME Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Director of Administration & Finance Atlanta, GA Rector Martinsville, VA Featured Events Rector Collierville, TN Faith leaders in Australia unite to oppose plans for new coal mine Curate Diocese of Nebraska Youth Minister Lorton, VA Press Release Service New Berrigan Book With Episcopal Roots Cascade Books TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Family Ministry Coordinator Baton Rouge, LA Comments (1) Rector Albany, NY Rector Smithfield, NC Rector Pittsburgh, PA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Job Listing Submit an Event Listing Assistant/Associate Rector Morristown, NJ In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Missioner for Disaster Resilience Sacramento, CA Rector Bath, NC Posted Apr 20, 2018 Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Featured Jobs & Calls This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Bishop Diocesan Springfield, IL Rector Hopkinsville, KY Associate Priest for Pastoral Care New York, NY Priest Associate or Director of Adult Ministries Greenville, SC
Share on Facebook Tweet on Twitter The Anatomy of Fear LEAVE A REPLY Cancel reply The Orange County polls closed at 7:00 PM. We will post results as soon as they are released by the Supervisor of Elections.Refresh this page for updates.The following results include 241 of 247 precincts plus Early and Vote-by-Mail ballots for Orange County.No. 1 – Rights of Electricity Consumers Regarding Solar Energy ChoiceYes – 48%No – 52%No. 2 – Use of Marijuana for Debilitating Medical ConditionsYes – 73%No – 27%No. 3 – Tax Exemption for Totally and Permanently Disabled First RespondersYes – 87%No – 13% TAGSElectionsOrange County Supervisor of Elections Previous articleLive General Election ResultsNext articleApopka Election Results – Orange County School Board Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your comment! Please enter your name here Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address here Save my name, email, and website in this browser for the next time I comment.
Save my name, email, and website in this browser for the next time I comment. Please enter your comment! From the Orange County Government NewsroomEverything is Brighter in Orange County …West Orange Solar Co-op LaunchesOrange County, Fla. — Orange County is building on the momentum of the state’s largest and most successful solar co-op by again partnering with Solar United Neighbors of Florida to bring a new solar co-op to residents of West Orange County. The new co-op is now open and runs through mid-June 2018.Solar co-ops provide bulk discounts of up to 20 percent for a group of homeowners interested in purchasing solar panels. As part of a solar co-op, each participant signs an individual contract with the group-chosen installer, and all participants benefit from the discount. All homeowners who reside in West Orange County, including in city jurisdictions, are eligible to participate in their respective co-op.Earlier this year, more than 150 residents of East Orange County formed a co-op and selected Goldin Solar to serve the group. Members of that co-op are now in the process of signing contracts with the installer.Orange County launched its first solar co-op in the summer of 2016 with 515 participants. Of those households, 79 installed solar through the co-op, accounting for 702.83 kW of new solar capacity in the County. In addition, $1.3 million was invested in solar with this co-op with total energy savings over a lifetime of the solar array of $3.5 million. Orange County Mayor Teresa Jacobs and her family were among the 79 households who joined this first solar co-op.Solar power also supports Jacobs’ goals in her Sustainability Initiative, “Our Home for Life,” which seeks to reduce barriers to alternative energy and increase renewable energy production by 10 percent in 2020 and 25 percent by 2040.Joining a co-op does not obligate members to purchase panels. The exact price of a Photovoltaic (PV) system is dependent on homeowners’ preference in system size and their home’s energy consumption. Homeowners have the option to install the size PV system that fits their budget.As part of this initiative, Orange County streamlines the permitting process for solar installations. New solar permits can be processed in a single day.To learn more and register for an information session, visit www.solarunitedneighbors.orgor email [email protected] Upcoming information sessions are as follows:Thursday, April 19, 2018, 6 p.m.First Green Bank862 S. Orlando AvenueWinter Park, FL 32789Thursday, May 3, 2018, 6 p.m.Hiawassee Branch Library7391 W. Colonial DriveOrlando, FL 32818Monday, June 4, 2018, 6 p.m.John Bridges Community Center 445 W. 13th StreetApopka, FL 32703Additional meetings will be announced on SolarUnitedNeighbors.org.About Solar United Neighbors of Florida: Solar United Neighbors expands access to solar by educating Florida residents about the benefits of distributed solar energy, helping them organize group solar installations, and strengthening Florida’s solar policies and its community of solar supporters. Solar United Neighbors of Florida’s Program Director will actively work to establish co-ops, including issuing a Request for Proposal on behalf of the co-op’s and provide technical support. Support conservation and fish with NEW Florida specialty license plate You have entered an incorrect email address! Please enter your email address here LEAVE A REPLY Cancel reply Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your name here Share on Facebook Tweet on Twitter The Anatomy of Fear TAGSOrange County GovernmentSolar Co-op Previous article4 things you need to know right now to protect yourself from the fluNext articleUpdating Breaking News: Apopka High School locked-down Thursday afternoon Denise Connell RELATED ARTICLESMORE FROM AUTHOR
ArchDaily Builder: Australia Houses CopyHouses•Balmoral, Australia CopyAbout this officeTonkin Zulaikha GreerOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesBalmoralOn FacebookAustraliaPublished on April 09, 2020Cite: “Almora House / Tonkin Zulaikha Greer” 08 Apr 2020. ArchDaily. Accessed 10 Jun 2021.
Another re-recording of “Do They Know It’s Christmas?” “Do They Know It’s Christmas?”, the fundraising single of 1984 by Bob Geldof and Midge Ure, is to be re-recorded soon and released for the third time to raise funds for famine relief work in Sudan.“Do They Know It’s Christmas?” is the best-selling single in the UK, and inspired the 1985 Live Aid fundraising concerts. The single was re-recorded in 1989 by new stars like Kylie Minogue and Wet Wet Wet.The Sun reports that it will be rerecorded again by today’s stars, including, reportedly , Coldplay, The Darkness, Robbie Williams, Travis and Dido. It will be released before Christmas 2004 and no doubt will stand a good chance of becoming the Christmas number one. Advertisement Tagged with: Recruitment / people Trading Howard Lake | 21 October 2004 | News 36 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The re-recording has both Bob Geldof and Midge Ure’s backing. Ure said: “Dominic Mohan (The Sun) approached Bob and I about re-recording the single and we thought it was a great idea. So far we’ve had the backing of Chris Martin (Coldplay) Fran (Travis) , the Darkness and Keane. Nigel Godridge (Coldplay) will produce and I’ll exec produce. So we’re looking forward to a Xmas No. 1!”Proceeds will again benefit the Band Aid Trust.
About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Tagged with: Giving Tuesday Over 2,000 charities have signed up so far as Giving Tuesday partners for this year’s event, including Barnardo’s, Marie Curie, Cancer Research UK, Great Ormond Street Hospital Children’s Charity and the RSPCA.Giving Tuesday takes place on 27 November this year and this will be its fifth birthday in the UK. In 2017, celebrities including Tom Daley, Emma Watson and Richard Branson supported the campaign with over $300m was raised online globally in 24 hours, and people participating from 150 countries including Antarctica. 198 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis24 “Giving Tuesday has really become a key time in the Marie Curie calendar. Each year it just gets bigger and bigger and it’s an ideal time for all of our incredible staff to come together and thank our supporters for all of the amazing work they do all year round.“It’s also a fantastic opportunity to get involved in an international day of giving. Whether you’re launching a new product, partnership or awareness campaign – the social media spotlight of Giving Tuesday is the perfect time.” 197 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis24 The Charities Aid Foundation (CAF), which runs Giving Tuesday in the UK, is encouraging everyone to get involved in any way they can, whether by donating, organising a bake sale at work, or giving unwanted clothes to a local charity shop.Ben Russell, Director of Communications at the Charities Aid Foundation, said:“This is a milestone for Giving Tuesday in the UK; five years in and the campaign just gets bigger and better every year, helping more and more people to give to the causes that they cherish. We’re busy planning for 27 November and can’t wait to see how our charity and corporate partners are going to pull out all the stops on the big day.”Georgia Paton, Fundraising Product Manager at Marie Curie, added: Advertisement Melanie May | 12 November 2018 | News Over 2,000 charities to support this year’s #GivingTuesday [youtube]https://www.youtube.com/watch?time_continue=3&v=rxdZ6qm2m8k[/youtube]
Site of gas explosion in East Harlem.WW photo: Johnnie StevensNew York — Another capitalist atrocity against the poor and people of color occurred in the neighborhood of East Harlem, N.Y., on March 12, when an explosion ripped through two tenement buildings, killing eight people, injuring more than 50 others and leveling the buildings to the ground. As of March 17, several residents of 1644 and 1646 Park Avenue were still missing, while some survivors remain in critical condition at hospitals.This area of the city is known as “El Barrio” for the large Latino/a population that lives there. In the past 15 years, the block where the blasts occurred had been built up with a number of subsidized housing complexes. One of the buildings in particular was a sort of community center, housing the Spanish Christian Church and members of its congregation.Clearly the city has neglected this poor, people of color community in terms of needed infrastructure upgrades. Constructed in 1887, the gas main that served the two buildings was 127 years old and made of cast iron, a material that is known for becoming brittle and prone to leaks. Area residents were essentially sitting on a time bomb, created by government and gas industry indifference.Tests conducted in the hours after the blast showed that the concentration of natural gas in the area was as high as 20 percent, when it should have been at zero. While residents had been complaining for weeks about a gas smell, Con Edison CEO John McAvoy claims that the agency checked the area for gas leaks as early as Feb. 28 and found none. (New York Daily News, March 15)Johnnie Stevens from the People’s Power Assembly and Rosa María de la Torre of the Chelsea Coalition on Housing went to the East Harlem neighborhood on March 16 to meet with the community and hand out leaflets for a March 19 meeting organized by the Coalition.Stevens told WW: “I spoke with a Black man who raised gentrification, as is happening in Brooklyn. Many justifiably fear that, as happened in the aftermath of Hurricane Katrina in New Orleans, real estate vultures — with the support of the government — will use the ‘opportunity’ of this disaster to push the poorer residents of the community out of the area.”Of the two buildings that collapsed, the New York Times suggested that they were “little-changed in a neighborhood that has been rapidly modernizing … the opposite of an anonymous New York City high rise.” (March 13)New York City is a city run in many ways by the real estate industry. As million-dollar condominiums sprout up throughout Manhattan, and even spread throughout the five boroughs, more and more New Yorkers are displaced to the farthest reaches of the city and beyond — or left homeless. Enormous amounts of money are spent on these new developments while the most meagre of funds are allocated for essential infrastructure upgrades, especially in the poorest communities.Con Ed’s criminal collusionIn order to pave the way for higher rents and elite residences, lower-income housing units are allowed to deteriorate to unsafe conditions, particularly in New York’s communities of color. In February, the New York Times reported on a group of tenants in Bushwick, Brooklyn, who had been living for eight months in rubble after the landlord of the rent-stabilized building had workers take a sledgehammer to the kitchens and bathrooms of several apartments. (Feb. 24) Seen in this context, Con Edison’s deadly neglect of the gas lines in East Harlem reveals a racist, anti-poor collusion of the agency with the city’s biggest capitalists.In 2008, one of the buildings that exploded on March 12 was cited for having cracks that were “hazardous for the safety of the structure.” Those cracks were never fixed. (New York Magazine, March 13)Surviving residents of the area are now struggling to put the pieces of their lives back together. Many are living in shelters, gyms and other temporary housing. While New York City Mayor Bill de Blasio has announced that 20 units of housing will be made available to those who were permanently displaced, a total of 91 apartments were evacuated from the area, and some 55 families have already registered for housing assistance.Stevens also reported that “Rosa María met several families who were in the exploded buildings or in nearby public housing. They complained about breathing problems and chest pain. A mother said they should pass out ventilation equipment like they did after 9/11. She reported that the dust on her walls, the Long Island Rail Road and the subway structure pillars was thick and black.”The community has rallied together to support each other. The New York Times reports that a tamale vendor was handing out tamales to displaced residents. A community center has started a drive for clothing and other much-needed supplies.A community meeting was held March 15 to discuss the city’s response to the disaster and the potential of filing a class-action lawsuit against the city. However, Con Edison should be charged with criminal neglect of the poorest communities in New York.The manmade March 12 disaster highlights the lack of needed infrastructure upgrades throughout the country. A leak in a cast-iron gas pipeline in Philadelphia led to an explosion that killed a utility worker and injured five others in January of 2011. A month later, an explosion due to a faulty cast-iron gas main in Allentown, Pa., killed five people. The Huffington Post reports that nearly a third of the gas lines in Washington, D.C., and Boston are made of cast iron, and nearly half in Philadelphia.In New York, a whopping 60 percent of the gas pipelines operated by Con Edison are made of unprotected steel or cast iron. (March 13) While efforts are underway to replace these pipelines with ones made of safer materials, these efforts are being done at a snail’s pace.Sara Flounders of the International Action Center in New York says: “At a time when these very communities suffer from the effects of unemployment, a demand to fix the infrastructure could mean the creation of jobs at union pay. However, these efforts must happen under community control, lest they serve as a cover for community removal and further gentrification.”The CCH leaflet states: “What happened on [March 12] in El Barrio is a disaster that unfortunately can easily reoccur anywhere in our City. Chelsea Coalition on Housing sees this situation as an attack on the poor, our communities of color and all working-class tenants. … We need to stop the war on the poor and fight for safe and affordable housing for all!” For more information, visit tinyurl.com/mbegy3p.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this