According the Huffington Post, just eight super-rich men hold the same amount of wealth as the poorest half of the world’s population, according to an analysis from the charity Oxfam released Sunday night.
2 out of the 8 Billionaires are Hispanic. Carlos Slim from Mexico and Amanacio Ortega from Spain
Six of these billionaires, from Forbes’ list of the world’s richest people, are American entrepreneurs: Microsoft co-founder Bill Gates, Berkshire Hathaway chairman and CEO Warren Buffett, Amazon founder and CEO Jeff Bezos, Oracle co-founder Larry Ellison, former New York Mayor Michael Bloomberg and Facebook founder and CEO Mark Zuckerberg. Rounding out the list are Carlos Slim, the Mexican tycoon, and Amancio Ortega, the Spanish founder of a retail conglomerate that includes clothing chain Zara. Together their net wealth ― assets minus debts ― amounts to $426 billion. See full article here: http://huff.to/2jDG5WK
At 8:54 a.m., President-elect Donald Trump selected Georgia Congressman Tom Price, a former orthopedic surgeon, as Secretary of Health and Human Services.
The president-elect’s choices for his cabinet leave one thing very clear, his picks for top federal positions are going to be people that could make decisions that would irrevocably change the course of American history.
Price is a vocal opponent of President Obama’s Affordable Care Act and is anti-choice when it comes to abortions. If the Senate goes along with him as the secretary for this department, there would be a dramatic shift in health care that could impact millions of Americans, possibly for the worse.
This will be especially true for women across the United States.
As an adamant proponent for anti-choice/pro-life initiatives, Price will have the power to make it nigh impossible for women to have an abortion.
Women that do not want to have children or that cannot afford to have children will no longer have a choice over what happens to their body during a pregnancy.
If a woman is faced with a medical emergency and wants to choose her life instead of that of her fetus, it would be hard to have an abortion.
If a mother’s fetus is in pain from a fatal disease, and this woman prefers to choose an abortion versus prolonging suffering, she will possibly be stripped of that option altogether with Price as secretary of health.
Price’s plans for women’s health care also means less access to contraception. The six-time representative has done everything in his power to get rid of the employer-sponsored preventive health care part of the ACA, which will make it harder for women to prevent unwanted pregnancies in the first place.
Price, who was never a fan of the Affordable Care Act may gut the entire bill before Trump can create a new health initiative, one that might leave the newly insured under the ACA, 20 million Americans and counting, worse off.
Not only that but as health secretary, Price will determine the future of food, drugs, Medicaid and Medicare. If he falls in line with most Republicans, Medicaid and Medicare will be completely upended too. At least 100 million Americans, specifically the elderly and the impoverished will become vulnerable when it comes to health insurance.
Women live longer than men in old age by up to almost seven years and are paid less than them, and will struggle the most during health emergencies under Price.
When Trump announced his candidency for the presidental seat of our great nation, and came out with such offensive and divisive language for many, especially agianst Mexicans and Latinos, I immidialty responeded with this post.
Fast foward the clock to the final countdown with less then 24 hours away..it seems those words are indeed coming to fruition. I basiccly voiced my concern and opiion, which we all have in this great country of America, AKA “land of the free”. I siad back then, and i’ll say it gain that Trump’s total lack of respect towards the Latino community ( and downright ignorance and arrogance) was going to come back to huant him, as his very words would be the (needed) fuel to drive Hispanics out of their homes and into the polling stations, and I am happy to report that this is what seems to be the case. The New York Times reported this article title: “Hillary Clinton Appears to Gain Late Momentum on Surge of Latino Voters”
This great nation was founded by people that came here from other places. I understnd that we do have to manage our borders,every country does, and that many things need improvment, but situations do not get better when a world leader uses arrogance and insults, that can only bring MORE problems.
NOTE: Make sure and VOTE! because “if you are not at the dinner table, you become part of the menu”
(Editor’s Note: by Juan Guillen, entrepreneur, CEO & Publisher)I am believer and an advocate of entrepreneurship, it’s one of my passions. As an entrepreneur myself, I know throughexperience of the up and downs, the excitement, the challenges and even the fears that many of us face and deal with. I find it fascinating and inspirational to see someone take nothing but an idea that’s only in their minds and bring it to life, that’s inspiring. The innovation that many entrepreneurs bring about, create jobs, new opportunities, new sectors and new forms of revenue. This adds to the fabric that makes America a truly great nation AKA as the land of opportunity.
Speaking about business and entrepreneurship New York City does Billions of dollars awarding contacts to local business in many sectors. That is a great thing for business in New York, the problem is they are failing badly with woman and minority owned business in our great city. As a matter of fact they just got a D on their report card by Scott Stringer, NYC comptroller. Stringers office has a rating system that monitors all of the city agencies and how much contracts they award to minority and woman owned business in particular(MWBE), and they do not look good! Read the updated article with new information from NYC Comptroller Scott Stringer below editor’s note here The city is trying, but much more work needs to be done as you will see from the report. It’s great to see proactive action like this report from the Comptrollers office, kudos to Scott Stringer and his staff for taking some action! Change has to occur to get that needle to move in the right direction on this disparity issue, especially with Hispanic owned business which have been the fastest growing not only in New York but throughout the country, yet the most underrepresented. According to research firm Geoscape, the numbers of Hispanic owned business in the US grew from1.6 Million (2002), 2.6 Million (2007), 3.2 Million (2012) and 4.07 Million (2015).
I have been an advocate to this cause, as I believe that this city has many viable business that are MWBE owned which have the will, talent and ability to serve some of the cities needs pertaining to fulfilling work and services needed by the city and they deserve a chance just like anyone else, because at the end of the day, inclusionis not only good for New York, it’s good for the entire nation AND it make great business sense, because it impacts the overall economy for the better, as research and case studies have shown.
Below is a video clip interview on NY1 News with Errol Louis on this subject in which I was invited along with the dean of the CUNY Graduate School of Journalism Sarah Bartlett and the executive director of the Center for Community & Ethnic Media (CCEM) Gary Pierre-Pierre of the CUNY Journalism School and founder & publisher of the Haitian Times. The subject matter was; Ideas and suggestions in which the new incoming Mayor, Bill de Blasio’s and his administration may consider to work more effectively with New York’s ethnic media, who provide a very important outlet to millions of immigrant and non-immigrant New Yorkers, and how NYC agencies could possibly engage more and better with these important New York media outlets, which have been grossly left out historically by the City in regards to advertising and overall outreach.
The total share of City procurement with minority and women-owned business enterprises (M/WBEs) declined in Fiscal Year 2016, according to a report released today by New York City Comptroller Scott M. Stringer. In the first drop in three years, only 4.8 percent of the City’s $15.3 billion annual procurement budget went to M/WBEs in FY16. The numbers were unveiled in the Comptroller’s third-annual make the grade report, which evaluates Mayoral agencies – as well as the Comptroller’s Office itself – on their spending with M/WBEs. See for yourself & check out the full report here: http://on.nyc.gov/2dVO0iQ
Due to continued low spending with these firms, the City earned an overall grade of “D+” for the second year in a row.
Only 4.8% of procurement went to M/WBEs in FY16, a decline from FY15
Roughly 80% of certified M/WBEs did not receive payments from the City
First-of-its-kind interactive maps will help policymakers understand which neighborhoods receive M/WBE spending, which lag behind
This year’s M/WBE procurement rate of 4.8% is a substantial decrease from last year’s rate of 5.3%. While overall City M/WBE procurement has gone up, the share with M/WBEs has gone down. The Comptroller’s report is intended to highlight these issues, provoke constructive conversation, and recommend changes to the M/WBE program to yield better outcomes.
“As much as we talk about moving forward, this report demonstrates that at least for the last fiscal year, we moved backwards and have a long way to go. Government needs to lead by example, but it’s clear that when it comes to securing City contracts, our minority and women-owned businesses still aren’t getting a fair shot. By shining a spotlight on this issue, today’s report gives us another chance to focus on getting this right. This isn’t about blame, but instead about inducing change,” Comptroller Stringer said. “Right now, game-changing shifts just aren’t happening. Ensuring minority and women-owned businesses have a fighting chance will increase competition in City procurement and boost local economies all across New York. Today, we’re outlining a roadmap so agencies can do a better job delivering results.”
Although there are roughly 540,000 minority-owned and 414,000 women-owned firms in New York City, only 4,527 – less than 1 percent – are certified with the City. Further, the Comptroller’s analysis found just 994 of these certified firms received City spending in FY16.
This year, the Comptroller’s Office is also releasing a first-of-its-kind series of interactive online maps, to help the public understand breakdowns in City M/WBE spending. To see the maps – which show which certified M/WBEs received City spending by race, ethnicity,
For the third year in a row, “Making the Grade” uses data fromCheckbooknyc.com Comptroller’s transparency website, to analyze how much 31 Mayoral Agencies and the Comptroller’s Office spent with M/WBEs during the last fiscal year. Each agency is graded on the amount they spend on construction, professional services, standard services, and goods, based on the guidelines set forth in Local Law 1 of 2013.
“After three years of poor grades on M/WBE spending, it’s time to get to work on an agenda that will deliver real change. If we continue at the pace we’re going, New York City won’t see a difference for many, many years, and that is simply unacceptable for our small business owners. By holding agencies accountable for their spending – or lack thereof – we can give these firms a fair shot at economic growth,” Comptroller Stringer said.
In case you haven’t heard, CNN Latino shut down just a year after its launch! NBCLatino.com closed its doors after sixteen months! What’s going on? What happened? Why? These are some of the questions many are asking…including myself.
CNN Latino (not CNN en Espanol) was a bold effort to continue CNN’s commitment to the U.S. Hispanic marketplace. The Spanish-language programming, which aired in Miami, Los Angeles, New York and other top Hispanic markets, ceased this month after failing to meet “business expectations,” according to a company spokesman.
NBC Latino, whose tagline read “The Voice of American Hispanics,” quietly closed its doors last month. NBC announced the sudden closure of the Latino-centric site last November. The large-scale site was often praised for offering Latino-focused news, providing access to larger audiences to Latino-themed information, and drawing massive amounts of Latino readers/viewers. The news platform offered informed coverage for bicultural Latinos, often addressed the positives of the community, reported the educational status of Latinos. Many in the Latino community objected to the decision, though there were no actions taken to push NBC to reconsider.
Adrian Carrasquillo, a former editor at nbclatino.com said in a recently published article on buzzfeed.com: “NBC Latino probably needed to be better appreciated and taken more seriously inside the building. One of those weaknesses is a failure, at times, to grasp what people care about on the internet, how we organize ourselves and our media now.”
“Having Latino journalists in the newsroom is not some bullshit exercise on a diversity checklist, but an acknowledgement that the newsroom should reflect the country, the people you are writing about, the audience”.
“It is, moreover, an obvious practical advantage: Every journalist brings his or her roots and experience to the job, and a newsroom can’t afford to be cut off culturally from a huge piece of American life in the 21st century. The missed opportunity at my old workplace bothers me most of all. There is no shortage of Latino media that misses the mark out there. Indeed, Latino media in the U.S. needs to revamp itself and understand what its audience is and what they care about”.
I have been operating this company for thirteen plus years now, and I can relate to Mr. Carrasquillo’s statements. The fact is that it is that running a successful and profitable media company is not a “walk in the park”. It is a very difficult endeavor, probably one of the most difficult businesses to develop into a profitable enterprise. And profitable it MUST be, as no business can survive without more money coming in then goes out. “However, it is achievable” with a great team and lots of work, but We have been doing it. you can see video of our 100th issue celebration a few years ago in video below and You can read a bit on our history (trials and tribulations) that I wrote in regards to our 100th issue of publishing this magazine:
“I believe the main reason with the two recent closures on CNN Latino (Spanish language TV) and NBC Latino (English Language website) and a lot of other corporate start-ups, is that the initial intent is wrong to begin with”. Most of these start-ups were / are launched for the purpose of gaining market share from these big conglomerates, another word’s “to make money”. That purpose does not work, to be profitable is something that has to be a very important part of your plan…it better be, just not the initial intent. I also hope that the suits at these companies are not of the belief that by just slapping the Latino name next to their logo gets them closer to a home run. It doesn’t! You have to run the bases first! If someone one wants to start a media company in the Hispanic market; you must first care about the community, and I do mean its people and their problems, dreams and aspirations. It has to be from that perspective. You have to fill a gap, search for a need and your intention must be integrated with integrity, it has to be real! You really have to care! (And when you do you are ready for war, you are prepared for that long journey and to overcome painful moments that will show up), because the community that you are serving will pick up whether you care or don’t.
As I mentioned before…it is business and therefore money and profitability are important for the sustainability and growth of the enterprise. My experience has thought me that when the initial intention is born from caring and seeking to fill a need in the community, the money will follow. It won’t happen quickly, the journey may be long, longer then the threshold of corporate patience perhaps, but market share comes and the money follows…and money is a beautiful thing, at least it can be. In the case of starting a media enterprise, it just can’t be your beginning and end game, especially in today’s world. You must care about your audience!!
(Dominican Influencer Series) “ ATAX Founder Rafael Alvarez 20 Bucks & a Vision!
You think you’re busy? By 2003 Rafael Álvarez was preparing 7,000 personal income tax returns and 150 business tax returns! He then had two locations, and by 2005 was preparing more than 10,000 personal income tax returns and 450 business tax returns. By 2007, Álvarez hired a professional to research the possibility of making ATAX a franchise. The analysis revealed the lack of a nationwide tax preparation franchises owned, managed by or targeting the Hispanic or Latin community, which would give him a potential advantage over the competition.
ATAX founder Rafael Alvarez started ATAX with 20 bucks that his mother gave him!
By the end of 2007, ATAX Accounting and Financial Services was officially established as a franchise offering. Since 2007, ATAX has become one of the fastest-growing franchise companies in the nation. ATAX now has 40 locations across the U.S. The majority of ATAX’s locations are owned by Dominicans, mostly women! Out of 10,000 tax returns now being filed yearly at ATAX, however, only 40% are for Hispanic clients, 30% filed by Dominicans. Last year, Álvarez received the prestigious International Franchise Association Ronald Harrison Award for accomplishments in diversity and inclusion. The IFA award recognizes organizations and/or individuals who have made significant contributions to minorities in franchising either within their franchise organization or within the franchise community. Álvarez has made his mark on both!
With his busy schedule, does he have time to connect with people back home? “Yes, I just got back from D.R. I was in Punta Cana. I try to get back every two years because I have lots of family still there. Also, I have been approached by Dominicans who are U.S. citizens living and working there about establishing ATAX there. I have some ideas and eventually I would like to have some business there as well. Taxes are for the U.S., but I am looking into another exciting program that can work there and globally as well. I have partnered with a great company, XERO. I am on their Partner Advisory Council and I am their #1 partner in the U.S. XERO is a New Zealand-based software company that develops cloud-based accounting software for small and medium-sized businesses and we are going to do good things together.
A word that pops up in Álvarez’ conversation often is “drive.” “Drive is an invisible force. Some people have it and some don’t. Even if you are well educated you could be missing that chispa. In D.R. they have the drive. They don’t take things for granted. They know they need to earn it. Nothing is given to you. I have wealthy friends who don’t have it because they didn’t have to work for it. For me, it was the way I was raised. I had to struggle to survive, put food on the table. Drive is KEY. It’s the engine that will make you do what you need to do to get where you need to go. To achieve success.”
He also thinks New York Dominicans are different than those on the island. “We have to be twice as good. In the Dominican Republic it’s OK to just be good. In order for us to excel we have to work harder, do more. I have my roots there, but I learned a lot from what the U.S. has to offer. Apply everything. You learn a lot at conventions, networking, etc.”
Many successful business people often find a helping hand or a mentor on their way up. It may come as a surprise to some that when asked whether he had a mentor, Álvarez said: Anthony Robbins. “I met him many, many years ago. He’s not just teaching a program. You need someone in your corner that tells you not to give up. That kind of mentoring and teaching is what I needed. He’s an excellent person.”
Álvarez has many interests that involve the community. He grew up in Washington Heights when it was pretty rough. “Hey, some of my friends didn’t make it. They ended up in jail. Just a handful were able to survive, and I made it thanks to my parents. They were really serious about my education. I’m still part of the community.” In 2007 Álvarez helped organize the national Dominican Parade in NYC. He also serves on various boards such as the Presbyterian Hospital and the Northern Manhattan Arts Alliance, both based in Washington Heights. Álvarez is indeed the man with the “drive” who has “made it” — and the community continues to watch his rise.
LatinTRENDS: What would you point to as notable progress among Dominicans in the U.S.?
ÁLVAREZ: “Education, definitely. More Dominicans are taking advantage of all that the U.S. has to offer and having an education can improve everyone’s life.”
→See for more of this story in this month’s issue of LatinTRENDS Magazine.
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Businessman Donald Trump is a controversial figure among Latin Americans. His political campaign began a little over a year ago, on June 16, 2015 , outside of Trump Tower with him accusing Mexican-Americans of being rapists and drug dealers.
As he gets ready to formally accept his nomination as a presidential candidate for the Republican Party, he faces an uphill battle of Sisyphean proportions when it comes to Hispanic voters.
NBC News/Survey polls, from a month ago, had Trump pulling in more of the Hispanic vote, 28 percent, than the former milquetoast Republican nominee Mitt Romney, who had 27 percent of that voting block in 2012 when he was up against current POTUS Barack Obama. However, more recent polls from Quinnipiac and Fox News have Trump somewhere between 18-23 percent of those voters.
If these numbers remain consistent way into Election Day, Nov. 8th, Trump will be the first modern Republican nominee to have the least support from that group. He will have to continue to heavily rely on working class and Southern whites, and the 19 percent of Asian Americans that are in his corner according to the Asian Americans and Pacific Islanders voter survey. Also, he will have to court more middle of the road Republicans and women.
To become President of the United States, Trump will have to carry all of the 24 states that Romney won, Ohio, Florida, and one major state in the Midwest or the Northeast (very unlikely) to run away with the presidency over Hillary Clinton.
Donald attacks Mexicans now he will be Judged in Supreme court by a Mexican American…is this Karma?
Donald Trump increased his attacks on the federal judge presiding over a civil fraud lawsuit against Trump University, questioning his impartiality in handling the case because his Mexican heritage is “an inherent conflict of interest.” Just a few hours after securing the endorsement of House Speaker Paul Ryan, the presumptive Republican nominee said that U.S. District Judge Gonzalo Curiel had “an absolute conflict” due to his ethnic background, adding, “I’m building a wall. It’s an inherent conflict of interest,” according to the TWSJ
Curiel was born in East Chicago, to Mexican parents. He spent years prosecuting drug traffickers coming across the U.S.-Mexico border as a top official in the Justice Department’s amongst other cases. He was later appointed to the federal bench by President Barack Obama. Trump’s comments come hours after he expressed confidence that he would win the case regardless of Curiel’s alleged bias.
Perhaps one reason Trump lashed out at Curiel once more was the release of documents from the case on Tuesday, which painted Trump University in an unflattering light.
Such attacks are not unprecedented in U.S. history, but those attacks have tended be viewed as shameful and scurrilous in retrospect—and sometimes at the time. The notion that duly appointed or elected judges cannot rule fairly on cases involving groups to which they belong has been soundly rejected. In 2010, defendants arguing for the constitutionality of California’s Proposition 8, which banned same-sex marriage, attempted to disqualify Judge Vaughn Walker because he was gay. One problem with that argument was that it implied that straight judges would also be hopelessly biased. In 1994, Judge Michael Mukasey—who would later serve as attorney general under George W. Bush—denied a motion for him to recuse himself from a World Trade Center bombing trial, on the grounds that he was Jewish and a Zionist. He rejected the idea that the defendant’s bigotry made it necessary for him to withdraw from the case. “That someone with an imagination or a motive might hallucinate relevance is not the standard, and therefore cannot provide the basis for decision,” he wrote.
The pioneering black jurist A. Leon Higginbotham made that point eloquently in a landmark ruling in 1974:
It would be a tragic day for the nation and the judiciary if a myopic vision of the judge’s role should prevail, a vision that required judges to refrain from participating in their churches, in their non-political community affairs, in their universities. So long as Jewish judges preside over matters where Jewish and Gentile litigants disagree; so long as Protestant judges preside over matters were Protestant and Catholic litigants disagree; so long as white judges preside over matters where white and black litigants disagree, I will preside over matters where black and white litigants disagree.
Trump’s claim is even less relevant, though, as ethnicity plays no apparent role in the Trump U. case. His argument also sits in uncomfortable contradiction to his prior claims that “the Latinos love me.”
Setting aside the race-baiting claim in this case, Trump’s comment points to a disturbing pattern of behavior. Trump has either proven incapable of disentangling his business concerns from his political campaign, or else is guilty of intentionally intertwining the two. Early in the Trump campaign, cynics and comedians joked that his presidential run was simply a way to further his business concerns. As the campaign progresses, that joke has lost its comedic edge. In his assault on Curiel, Trump has combined a business interest, the class-action lawsuit against Trump University, with a political interest, the wall he claims he will build along the U.S. border with Mexico.
This isn’t the only example of such a conflation; in fact, it’s not even the only example of such a conflation this week. Trump recently revealed that the PGA was moving the World Golf Championship from the Trump Doral course in Florida to—in what might seem like a pointed choice—Mexico. Trump suggested the blow to his golf course could be rectified by his election as the nation’s leader.
“They moved the World Golf Championships from Miami to Mexico City. Can you believe it? Can you believe it?” Trump said in Sacramento. “Not good. But that’s OK. Folks, it’s all going to be settled. You vote for Donald Trump as president, if I become your president, this stuff is all going to stop.” (Elsewhere he sniped, “I hope they have kidnapping insurance.”)
Trump also suggested reopening the “university,” a move that would be challenging because before the institution’s closure he was forced to rename it, as he had no license to operate a school in New York:
Trump is always pushing the needle and that needle, carries some ideals that appeal to many Americans that feel disenfranchised and have lost trust and respect for their government. His “Let’s make America Great again” has captured the eyes, souls and ears of Millions, it’s a brilliant political campaign because the short version says: “Let’s take away the politicians who have been full of it and lets empower the people that want to be empowered” This speaks to the masses, that can relate of feel this way. like I said, its a brilliant platform and brilliant campaign! However Mr. Trump also pushes the needle of hate and racism not to mentions arrogance and a divisive approach to just about all he says and does, and that absolutely kills some of the good elements of this campaign…of this platform of “Let’s make America Great Again”… want proof, he even got the nomination of the leader of the KKK!!! He should be ashamed of that, this is 2016, not 1916.
Make sure you go out and vote during the primaries, even if you don’t like any candidates much, make sure you go out and vote for someone that did not get the endorsement of the KKK!!! Tu Voto Cuenta!!