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DOJ Reaches Settlement With Transocean for Oil Spill by Michael Patrick Welch

DOJ Reaches Settlement With Transocean for Oil Spill
By Michael Patrick Welch

Special to the Trice Edney News Wire from the Louisiana Weekly

(TriceEdneyWire.com) - The Department of Justice has reached a $1.4 billion settlement with Transocean for its role in BP’s 2010 Deepwater Horizon spill, which polluted the Gulf of Mexico with upwards of 4.9 million barrels of oil in 2010.

“What’s important to understand,” says the Environmental Defense Fund’s Elizabeth Skree, “is that this settlement represents the first significant funding specifically alloted for Gulf Coast restoration.”

The $1.4 billion will be paid under the Clean Water Act, with a portion of those funds being used to restore the Gulf, as directed by the RESTORE Act, passed on July 6, 2012, by President Barack Obama. Thursday’s Transocean settlement will direct 80 percent of Trans­ocean’s civil and criminal penalties to the Gulf Coast.

“By sending the vast majority of the $1.4 billion in fines to the areas damaged by the oil, we will rebuild and protect one of the most important ecosystems in the country,” said U.S. Rep. Cedric Richmond in a statement issued to the press. “This settlement is extremely important because 80 percent of the Clean Water Act fines will be sent directly to the states hardest hit by the oil spill pursuant to the RESTORE Act.”

“This is a great day for the Gulf environment and the communities that rely on a healthy ecosystem for their livelihoods,” read a joint statement issued by Greater New Orleans Inc., National Wildlife Federation, National Audubon Society, The Nature Conservancy, Oxfam America and Ocean Conservancy. “We thank the Department of Justice for [its] leadership in holding Transocean accountable,” the coalition added, “and [we] look forward to full resolution of the case with other responsible parties, which will allow restoration efforts in the Gulf to get fully underway.”

In November, BP agreed to pay $4.5 billion after pleading guilty to 14 criminal charges. “Yesterday’s settlement resolved both civil and criminal litigation with Trans­ocean,” said National Audubon Society’s Media Relations Director David Ringer. “Once BP settles for civil fines—which will also be distributed through the Clean Water Act—the whole thing will represent the largest single investment in environmental restoration in our nation’s history.”

The RESTORE Act

The RESTORE Act designates 80 percent of all penalties resulting from the Deepwater Horizon oil spill to a Gulf Coast Restoration Trust Fund, to be spent in the Gulf Coast where the damage occurred.

“With this settlement,” said Senator Mary Landrieu in her own statement yesterday, “the Gulf Coast Ecosystem Restoration Council finally has some funding to begin implementing a comprehensive plan for ecosystem restoration that will rebuild the environment of the Gulf and the communities that rely upon it.”

Money for the Gulf Coast States

According to Landrieu’s statement, 35 percent of the Clean Water Act civil penalties in the Gulf Coast Restoration Trust Fund will be allocated directly and equally to the five Gulf Coast states for ecological and economic recovery along the coast.

The Gulf Coast Ecosystem Restoration Council, established in the RESTORE Act (and comprised of both federal agency and state representatives) will develop and fund a comprehensive plan for the ecological recovery of the Gulf Coast. Thirty percent of the funds in the Gulf Coast Restoration Trust Fund will be allocated to the Federal-State Council to implement the comprehensive plan.

Another 30 percent of the funds in the Gulf Coast Restoration Trust Fund will be allocated to the states based on actual impact, to implement state plans, which must be approved by the Federal-State Council.

In Louisiana, 30 percent of the state’s portion of that money will be allocated directly to its 20 coastal zone parishes. The funding allocated to said parishes will be based on a formula that considers shoreline miles oiled, population and land mass.

Landrieu’s statement also warns that, “Eligible parishes will have a comprehensive land use plan in place prior to receiving funds.”

Funding New Programs

The Louisiana legislature unanimously approved the 2012 Coastal Master Plan on May 22, 2012. The Transocean settlement will go a long way toward funding that Master Plan. “The RESTORE Act will provide the significant downpayment needed to jumpstart the restoration and protection projects included in the plan.”

Two and a half percent of the funds in the Gulf Coast Rest­oration Trust Fund will be allocated for the establishment of a Gulf Coast fisheries monitoring program. Another 2.5 percent will reportedly be allocated to the five Gulf Coast states for the establishment of a Gulf Coast Center of Excellence in each state.

According to Landrieu’s statement, the Clean Water Act also allows the collection of $1,100 per barrel of oil spilled, or $4,300 per barrel if there is a finding of gross negligence, from any party found responsible for an oil spill in federal waters. Based on the estimated 4.9 million barrels of oil spilled in the Gulf of Mexico, BP could face fines between $5.4 billion and $21.1 billion.

“By putting in place new safety measures,” Richmond says, “I’m pleased that this agreement will make deepwater energy exploration safer and prevent a disaster of this magnitude from ever happening again.”

For a more detailed breakdown of where the money is going, visit the Dept of Justice’s statement: www.justice.gov/opa/pr/2013/January/13-ag-004.html.

Conservative Commentator Blames Minorities for U.S. Gun Violence by Zenitha Prince

Conservative Commentator Blames Minorities for U.S. Gun Violence
By Zenitha Prince

Special to the Trice Edney News Wire from the Afro American Newspaper
(TriceEdneyWire.com) - Conservative commentator Ann Coulter suggests that minorities are the root of the nation’s gun violence problem.

Speaking Jan. 15 on Fox News’ “Hannity,” Coulter said she had just returned from England, and spoke dismissively about comparisons of that country’s low gun crime rate relative to the United States’. The difference, she suggested, could be explained by demographics.

"If you compare White populations, we have the same murder rate as Belgium," Coulter said. "So perhaps it's not a gun problem, it is a demographic problem, which liberals are the ones pushing, pushing, pushing."

She continued sarcastically, "Let's get more Colin Fergusons and whoever the guy was who shot up Fort Hood. Why are they coming in [the U.S.] to begin with?"

On Dec. 7, 1993, Ferguson, who immigrated to the U.S. from Jamaica, shot and killed six persons and injured 19 others on a New York commuter train, in what became known as the Long Island Railroad Massacre.

Maj. Nidal Malik Hasan, an Army psychiatrist, is the accused perpetrator of the Nov. 5, 2009 shooting rampage at Fort Hood, Texas, in which 13 people were killed and 32 were wounded.

The American-born Muslim of Palestinian descent had reportedly been harassed by other soldiers because of his religion, was outspoken in his opposition to the wars in Afghanistan and Iraq and had—according to relatives—tried to leave the Army. He is still awaiting trial and faces the death penalty if convicted.

Coulter also said that President Obama’s plan for banning extra capacity ammunition clips would not abate public shootings.

Congressional Black Caucus Offers Diversity Boosting Obama Cabinet Suggestions by Zenitha Prince

January 13, 2013

Congressional Black Caucus Offers Diversity Boosting Obama Cabinet Suggestions
By Zenitha Prince

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U. S. Rep. Mel Watt (D-N.C.)

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U. S. Rep. Barbara Lee (D-Calif.)

Special to the Trice Edney News Wire from the Afro American Newspaper.

(TriceEdneyWire.com) - Amid criticisms that President Obama’s new administration seems to be dominated by White men, the new chairwoman of the Congressional Black Caucus has offered some diversity-boosting suggestions.

In a letter sent to the White House, Rep. Marcia Fudge (D-Ohio) asked the president to consider Rep. Mel Watt (D-N.C.) for the position of Secretary of Commerce and Rep. Barbara Lee (D-Calif.) to fill the post vacated by Secretary of Labor Hilda Solis on Jan. 9.

“Both Melvin Watt and Barbara Lee have served the American people in the United States House of Representatives and the citizens of their respective Congressional districts with distinction… [and] are exceptionally well-qualified, proven candidates,” Fudge wrote in her letter.

Watt, a former CBC chairman, has served in Congress since 1993. As an attorney, he specialized in minority business development law and was a partner in several small enterprises.

Lee has served California’s 9th Congressional District since 1998. Also a former CBC chair, she has been a persistently progressive voice on Capitol Hill, advocating against the United States’ involvement in the Iraq War and championing issues such as labor and minority health.

Lee told The San Francisco Chronicle, “While I’m honored by my colleagues’ unsolicited recommendation, my focus remains the 13th Congressional District. If the President were to ask me to join his Cabinet, I would of course have to give that very serious consideration."

Ku Klux Klan Activity Puts Virginia Residents On Edge by Victoria M. Walker

Ku Klux Klan Activity Puts Virginia Residents On Edge
By Victoria M. Walker

(TriceEdneyWire.com) - President Barack Obama won the state of Virginia’s 13 electoral votes in the November 2012 election. Not everybody is satisfied with the outcome.

Fliers reportedly distributed by the Ku Klux Klan of Virginia in the wake of the election boldly read, “Stop Racism!” and “There are thousands of groups working for the interests of blacks and other non-whites, but how many groups stand up for the cultural values of whites? Not many!”

The flier, reportedly circulated in Mechanicsville, goes on to say, “We are determined to maintain and enrich our cultural and racial heritage! We are growing fast and strong because we have NEVER nor will we ever compromise the truth!”

Aston Haughton, president of the Stafford, Va branch of the NAACP says its branch is unaware of Ku Klux Klan activity in his county, but will stay vigilant for anything that may arise.

“If that has come to light and we are aware of it, then we will take aggressive action to bring it to light and to make the law enforcement community be aware of such activity.”

The Klan portrays themselves as a “kinder, gentler” group in the media. Members have attempted to become involved in “Adopt-A-Highway” and other volunteer opportunities. But many Americans are unable to look past the Klan’s dark history.

James Moore of the “Loyal White Knights” of Virginia believes that his organization is grossly misrepresented in the media. In an emailed statement he said, “People tell us to drop the name KKK and pick up another. But the fact of the matter is that it don't (sic) matter what we call [ourselves], the liberal media will still brand us [racist.] Anti-racist is the code word for anti-white!!!”

Moore believes that the Klan is not a hate group, a claim Haughton dismisses.

“The Klan is a hate group,” Haughton says with a bitter laugh. “It’s not a religious group, they’re not out there [passing out] Bibles. The Klan is a hate group.”

Haughton believes the fliers were circulated in an attempt to intimidate people. “It just signifies that they are making every effort to intimidate voters and intimidate the community; to start a resurgence.”

Indeed, Mechanicsville area residents reported a surge in Klan literature as the Klan uses the President’s re-election to promote their agenda.

The Klan may not claim to be a hate-group, but according to the Southern Poverty Law Center, there are at least seven known Ku Klux Klan factions in Virginia, and dozens more with ties to the organization. The letters ‘KKK’ were spray-painted on three vehicles in Chesterfield last year.

Richmond resident Destiny Wilson says that the fliers put her on edge. “In any city where there are people of a different race, you’re bound to come across people who don’t agree with your race,” she says.

“But at the same time, they have rights just like I have rights,” she continues.

The First Amendment protects the Klan and permits the distribution of fliers. But the thought of the Klan leaves a sour note in the minds of people who have experienced prejudice first hand. The NAACP says it is doing everything possible to combat racism.

Haughton says firmly, “We continue to fight racism on a daily basis…we are a Civil Rights organization [and] our mission is to stomp out racial discrimination…it’s a constant battle. We never go to sleep on that subject.” 

Mortgage Servicers to Pay $8.5 Billion in Federal Settlement By Zenitha Prince

Mortgage Servicers to Pay $8.5 Billion in Federal Settlement
By Zenitha Prince

Special to the Trice Edney News Wire from the Afro American Newspaper

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(TriceEdneyWire.com) - Federal regulators’ review of deficient practices in mortgage loan servicing and foreclosure processing concluded in a $8.5 billion settlement with 10 of the nation’s largest mortgage servicers.

The settlement, announced Jan. 7 by the Federal Reserve and the Office of the Comptroller of the Currency (OCC), involves some of the giants of the financial industry including Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co. and Citigroup Inc.

The banks will pay $$3.3 billion to more than 3.8 million borrowers whose homes were in foreclosure in 2009 and 2010. Homeowners could receive as much as $125,000 depending on the type of bank error.

The mortgage servicers will also provide $5.2 billion in other assistance, such as loan modifications and forgiveness of deficiency judgments.

Federal regulators said the decision ensures that more money goes directly and more quickly into the hands of affected homeowners.

“When we began the Independent Foreclosure Review, the OCC pledged to fix what was broken, identify who was harmed, and compensate them for that injury,” Comptroller of the Currency Thomas J. Curry said in a statement. “While today’s announcement represents a significant change in direction, it meets those original objectives by ensuring that consumers are the ones who will benefit, and that they will benefit more quickly and in a more direct manner.”

Curry said the regulators had learned a great deal from the review process, “it has become clear that carrying the process through to its conclusion would divert money away from the impacted homeowners and also needlessly delay the dispensation of compensation to affected borrowers. Our new course of action will get more money to more people more quickly, and it will speed recovery in the nation’s housing markets.”

Some critics say the judgment is a slap on the wrist, which will not deter banks from the criminal behavior that brought on the near collapse of the U.S. economy.

“It’s not a huge amount of money when we consider it in respect to the bailouts that have happened or the cost to households in the U.S. The banks are not paying enough for what they actually had done,” James Heintz, an economist at the Political Economy Research Institute in Amherst, Mass., told The Real News Network. He added, “$8.5 billion, when we compare it to the amount of wealth that’s evaporated from households, which is about $6.9 trillion, is a drop in the bucket at the very best.”

Maryland Democrat Rep. Elijah E. Cummings, ranking member of the House Committee on Oversight and Government Reform and an outspoken voice on the foreclosure issue, said he was concerned with the haste in which the decision was made, and feared banks would sidestep their full obligations.

“I am deeply disappointed that the OCC and the Federal Reserve finalized this settlement and effectively terminated the Independent Foreclosure Review process before providing Congress answers to serious questions about how this settlement amount was determined, who these funds will go to, and what will happen to other families who were abused by these mortgage servicing companies, but have not yet had their cases reviewed,” Cummings said in a statement.

He added, “I do not know what the rush was to make this settlement without answering these key questions, and although I look forward to obtaining information about how this deal may assist homeowners, I have serious concerns that this settlement may allow banks to skirt what they owe and sweep past abuses under the rug without determining the full harm borrowers have suffered."

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