WALL STREET LANDLORDS
· It’s been five years since the foreclosure crisis devastated millions of American families. Now, many of the same players on Wall Street who created the crisis have returned to the hardest-hit communities with a new bet on housing. Private equity firms and hedge funds are buying up tens of thousands of foreclosed homes and converting them into rental properties. And they are creating one of the fastest growing investments on Wall Street by securitizing the rent checks. This Saturday, Al Jazeera’s Emmy Award-winning program “Fault Lines” goes to Atlanta, Ohio, and California to investigate Wall Street’s rental empire. Host Anjali Kamat is available for interviews. Watch screener here: https://ajam.boxcn.net/s/y8vg7wgj4ox41llpjkej
Fanning is a former Army Ranger and author of the book Worth Fighting For, which will be released on Veterans Day, Nov. 11. In his most recent article “Thank You for Your Valor, Thank You for Your Service, Thank You, Thank You, Thank You… ," he states: “Last week, in a quiet indie bookstore on the north side of Chicago, I saw the latest issue of Rolling Stone resting on a chrome-colored plastic table a few feet from a barista brewing a vanilla latte. A cold October rain fell outside. A friend of mine grabbed the issue and began flipping through it. Knowing that I was a veteran, he said, ‘Hey, did you see this?’ pointing to a news story that seemed more like an ad. It read in part:
"This Veterans Day, Bruce Springsteen, Eminem, Rihanna, Dave Grohl, and Metallica will be among numerous artists who will head to the National Mall in Washington, D.C. on November 11th for 'The Concert For Valor,' an all-star event that will pay tribute to armed services.
"‘Concert For Valor? That sounds like something the North Korean government would organize,’ I said as I typed Concertforvalor.com into my MacBook Pro looking for more information... As I read, my heart sank, my shoulders slumped.
“Special guests at the Concert for Valor were to include: Meryl Streep, Tom Hanks, and Steven Spielberg. The mission of the concert, according to a press release, was to ‘raise awareness’ of veterans issues and ‘provide a national stage for ensuring that veterans and their families know that their fellow Americans’ gratitude is genuine.’
“Former Secretary of Defense Robert Gates and former Chairman of the Joint Chiefs Admiral Michael Mullen were to serve in an advisory capacity, and Starbucks, HBO, and JP Morgan Chase were to pay for it all. ‘We are honored to play a small role to help raise awareness and support for our service men and women,’ said HBO chairman Richard Plepler.
“Will the ‘Concert for Valor’ mention the trillions of dollars rung up terrorizing Muslim countries for oil , the ratcheting up of the police and surveillance state in this country since 9/11, the hundreds of thousands of lives lost thanks to the wars of George W. Bush and Barack Obama? Is anyone going to dedicate a song to Chelsea Manning , or John Kiriakou , or Edward Snowden -- two of them languishing in prison and one in exile -- for their service to the American people? Will the Concert for Valor raise anyone’s awareness when it comes to the fact that, to this day, veterans lack proper medical attention, particularly for mental health issues, or that there is a veteran suicide every 80 minutes in this country? Let’s hope they find time in between drum solos, but myself, I’m not counting on it.”