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10 weeks 4 days ago
Steve
Hello, About six months ago I contacted a man by the name of "Federico Machon" in San Jose de Peten Guatemala, on couchsurfing.com. We discussed nothing with each other online, other than going fishing; little did I know what he really meant. When I arrived at his home in San Jose, Guat, He immediately started telling me about "everything" I had watched on "YouTube and NetFlix" for the last six months and asking questions about it. I noticed immediately that Mr. Machon's nose had been broken; and he said it had been broken twice; clearly a man of violence. In my presence he admitted to another guest that he could kill without remorse; clearly not the most desirable host. He also explained to me how someone could be given throat cancer as a form of asassination. I did not solicit this explanation. I stayed with him from Feb 27 - Feb 29th and the questioning became more intense and threatening. Most of his questions were about politics, finance and technology. He even went so far as tell me that I had watched videos on Nicola Tesla, The US ecomonmic decline, fiat currency and Jacob Rothschild. There was a Vietnamese-American couple staying there, who were from the Washington DC area. They were both graduates with degrees in International Relations and History. This is the exact background that the CIA hires from. Not only did the two of them deliberately disturb my sleep; but the male became threatening when I tried to leave on the morning of February 29th. I made an excuse that I was going to get something from the store; and he finally let me pass. I think I was lucky to have escaped with my life. The FBI and apparently the CIA spent six months researching me and debreifing this person on what to question me about. IMO he is an absolute threat to honest American tourists, living outside of the country.
Radio Spots Focus on Puerto Rico Crisis Ahead of Sunshine State Presidential Primary
11 weeks 2 days ago
Communications

A religious development organization is running radio spots focused on resolving Puerto Rico's debt crisis on 238 stations across Florida. The ads air in Spanish and English continuously ahead of the state's March 15th presidential primary. More than 1 million Puerto Ricans live in Florida and their turnout could sway important presidential contests.

"There are counties in Florida that decide presidential races," noted Eric LeCompte, head of Jubilee USA, the organization airing the radio placements in Florida. "The turnout of Puerto Ricans living in Florida could decide not only who wins the primaries but also who wins in November."

Both parties held debates in Miami this week - the Democratic debate was hosted by the Spanish language Univision network.

Florida Senator Marco Rubio won Puerto Rico's March 6 Republican primary. The election itself highlighted the island's economic troubles. Partly due to lack of funds, officials reduced the number of polling locations for the territory's GOP primary from 3,226 in 2012 to just 110 in 2016. Roughly 25,000 voters participated this year, compared to approximately 130,000 in 2012.

Puerto Rico owes $72 billion in debt and is cutting education, health, law enforcement and pension funding to pay its debt. Congress is debating solutions to the crisis ahead of a March 31 House deadline set by Speaker Paul Ryan.

"The people of Puerto Rico are American citizens and they should have the rights as citizens living on the mainland," stated LeCompte. "Puerto Ricans are voting in key swing states and will make their voices heard."

G20 Focuses on Paris Attacks and Economic Stability
27 weeks 6 days ago
Communications

In a meeting overshadowed by the Paris terrorist attacks, G20 Heads of State finished their annual meetings in Antalya, Turkey. ‎The leaders focused on a range of issues focused around "economic inclusion."

"G20 leaders endorsed important policies to address corporate tax avoidance‎," noted Eric LeCompte, Executive Director of the religious development group, Jubilee USA Network.

The package of tax reforms supported at the meeting is called the Base Erosion and Profit Shifting (BEPS) measure. Tax and transparency issues have been a focus of G20 meetings over the last four years.

In recent years, the G20 has also urged support for "quota" reforms to give developing countries greater voting shares at the International Monetary Fund (IMF). These reforms are held-up because the US Congress has yet to enact the new rules. The G20 stated they were "deeply disappointed with the continued delay" in implementing reforms agreed on during the 2010 G20 summit.

"IMF quota reform is long overdue and Congress should pass it immediately," said LeCompte, who serves on expert working groups in the United Nations that focuses on global finance policy. "The G20 is united on the need for these reforms."

Jubilee USA Network is an alliance of more than 75 US organizations and 400 faith communities working with 50 Jubilee global partners. Jubilee's mission is to build an economy that serves, protects and promotes the participation of the most vulnerable. Jubilee USA has won critical global financial reforms and more than $130 billion in debt relief to benefit the world's poorest people. www.jubileeusa.org

United Nations Votes for Global Bankruptcy Principles
43 weeks 6 days ago
Communications

A United Nations committee adopted nine principles to create a global bankruptcy process for countries. Nobel Laureate Joseph Stiglitz addressed the final session of "The UN Ad Hoc Committee on Sovereign Debt Restructuring" that the UN General Assembly established last fall. Countries currently cannot access bankruptcy protection when they face economic crisis. The World Bank notes that 49 countries face worrying levels of debt distress and the International Monetary Fund notes debt is the root cause of inequality. In recent months, governments across the Caribbean, Greece and Argentina expressed an immediate need for a global bankruptcy process.

"With so many countries facing debt crises, we urgently need solutions to protect investors and poor people," noted Eric LeCompte, who is participating in the UN meetings. LeCompte is the executive director of the religious development organization Jubilee USA Network. "The UN's work is a step in the right direction, but we still have a lot of work to do if we want a legally binding process."

Consumer Financial Protection Bureau Fines Predatory Student Lending Practices; Churches and Synagogues Pray for Students Trapped in Debt‎
44 weeks 1 hour ago
Communications

Synagogues and churches held prayer services for students as the Consumer Financial Protection Bureau fined Discover Bank $18.5 million for illegal student lending practices. The bank must repay students $16 million, pay a $2.5 million civil penalty and reform its lending practices. The Bureau accused Discover of overstating the minimum amount due in billing statements, misrepresenting students' total interest payments and engaging in illegal debt collection practices. The penalty is the first of its kind by the Bureau against a student loan company.

"This fine sends a strong message to companies that take advantage of students," said Eric LeCompte, executive director of the religious anti-poverty coalition Jubilee USA Network, which advocates for responsible student lending policies. "Predatory lending traps students in debt."

This past weekend, 64 faith communities from 26 states prayed and acted for fair student lending policies as part of Jubilee USA's national interfaith "Jubilee for Students" prayer event. In 2012 and 2013, the event pushed congressional legislation to stop federal student loan interest rate increases.

"Unfair lending practices put our young people at risk," said Rabbi Barnett Brickner of Temple Israel in Alameda, Calif. "It's important we protect our students and ensure they can graduate college without mountains of debt."

As a part of religious services, communities collected students' stories as part of a national campaign to highlight predatory lending practices.

Pope Francis Calls for Global Bankruptcy Process
45 weeks 6 days ago
Communications

Pope Francis called for an international bankruptcy process in a news conference as he left Latin America on Monday. According to the Associated Press, when asked about the Greek debt crisis, Francis stated, "if a company can declare bankruptcy, why can't a country do so and we go to the aid of others?" Francis offered further comments noting that too many countries are struggling with high debts and he suggested a United Nations bankruptcy proposal could be the solution.‎

“Pope Francis knows that heavy debt loads cause poverty and inequality,” said Eric LeCompte, who consulted the Vatican on its position. LeCompte is the head of the religious development organization Jubilee USA Network. “The Pope's statement is a logical extension of the Catholic Church's strong support of debt relief for struggling countries."

Last year, LeCompte led a delegation of global Jubilee organizations to advise Vatican Secretary of State Cardinal Pietro Parolin on the need for a bankruptcy process to address inequality. The Catholic Church is a founder of Jubilee USA and supports its efforts to win debt relief for struggling countries.

In September of 2014, the United Nations General Assembly voted 124-11 to develop the bankruptcy process that Pope Francis referenced. LeCompte addressed the UN earlier this year on the creation of the process. This Fall, the United Nations is set to review progress on the proposal. Because International Monetary Fund (IMF) studies point to debt as a cause of inequality, the IMF is exploring aspects of a bankruptcy process based on an April 2013 paper. In addition to the debt crisis in Greece, nearly 50 countries‎ face worrying levels of debt distress according to World Bank statistics.