Connect with us

News

Lawmaker Demands SEC Probe of Huge Stock Buy Just Before DeJoy Announced USPS Vehicle Contract

“If that is not suspicious, I don’t know what is. Somebody clearly knew something.”

Avatar

Published

on

Like this article? Get the latest from The Mind Unleashed in your inbox. Sign up right here.

A Democratic congressman is demanding that the Securities and Exchange Commission investigate a shady $54 million purchase of Oshkosh Corporation stock just hours before scandal-ridden Postmaster General Louis DeJoy announced the decision to award that company with a lucrative 10-year contract to produce a new, largely gasoline-powered fleet of U.S. Postal Service delivery trucks.

“This contract was awarded to Oshkosh Corporation and is worth up to $6 billion,” Rep. Tim Ryan (D-Ohio) wrote in a letter to Acting SEC Chair Allison Herren Lee on Monday. “I write to pass along reports of what might be unusual trading of Oshkosh stock that took place less than 24 hours before Postmaster General Louis DeJoy publicly announced the contract decision in front of a House panel on February 23rd.”

“It definitely stinks and needs to be looked into at the highest levels. If that is not suspicious, I don’t know what is. Somebody clearly knew something.”
—Rep. Tim Ryan

“Specifically, an over $54 million purchase of OSK, made 20 hours before Mr. DeJoy’s announcement, was brought to my attention on social media and in news reports,” Ryan continued. “Additionally, it is my understanding that the OSK stock rose significantly prior to the announcement. Given the gravity and serious implications of this contract, I am writing to request that the Securities and Exchange Commission look into this issue as soon as possible.”

Ryan’s letter comes after he joined two fellow Ohio Democrats—Rep. Marcy Kaptur and Sen. Sherrod Brown—in urging President Joe Biden to halt the Oshkosh contract over concerns about “inappropriate political influence in the process.”

The USPS, under the leadership of DeJoy and Trump-appointed postal governors, selected Oshkosh for the contract over Workhorse, a truck-maker that had bid to replace the Postal Service’s current delivery vehicles with an all-electric fleet.

As Bloomberg reported, Workhorse had initially “been viewed as the favorite” to win the contract, “especially after President Joe Biden ordered the government to utilize emissions-free vehicles. But Oshkosh won the bid last month with a fleet that will be mostly gasoline-powered.”

“It definitely stinks and needs to be looked into at the highest levels,” Ryan said of the contract, and the trading that preceded it, in an interview with Bloomberg. “If that is not suspicious, I don’t know what is. Somebody clearly knew something.”

In a letter last week, Kaptur, Brown, and Ryan said they were “troubled” that the Postal Service “awarded an initial contract to provide up to 165,000 new postal vehicles over the next decade without any commitment to making these vehicles either hybrid or 100% electric.”

“This contract is not only an investment in America workers and our domestic manufacturing sector, but it is an opportunity for our nation to regain its role as a leader in clean technology manufacturing,” the lawmakers wrote. “This contract will have consequences for decades to come and, as such, we have serious concerns it could be a wasted opportunity to address the climate crisis and the reindustrialization of our manufacturing sector.”

“Postmaster General Louis DeJoy’s tenure has been a disaster for the American people and the USPS’s dedicated workforce,” the lawmakers continued. “From ill-advised policies that have delayed the mail and life-saving medicines to seniors and veterans, to an utter disregard for the agency he leads. This week’s announcement further calls into question his judgment, his ability to effectively run the USPS, and his short-sightedness at this agency that plays a critical role in our nation.”

Common Dreams is licensed under a Creative Commons Attribution-Share Alike 3.0 License. Feel free to republish and share widely.

Bizarre

Video Showing UFOs Swarming Navy Warship is Real, Pentagon Confirms

Elias Marat

Published

on

Like this article? Get the latest from The Mind Unleashed in your inbox. Sign up right here.

Late last month, reports emerged that a number of U.S. Navy guided missile destroyers sailing off the coast near Los Angeles encountered a swarm of strange unidentified flying objects or drones in 2019. While Navy investigators looked into the strange incident, no explanation has since been given.

However, new footage has been leaked to documentary filmmaker Jeremy Corbell that shows the strange flying objects swarming above one of the ships, and the Pentagon has confirmed that the videos are authentic.

“I can confirm that the referenced photos and videos were taken by Navy personnel,” a Department of Defense spokesperson told Futurism.

In the brief footage, which appears to have been recorded with night vision cameras, triangular or pyramid-shaped objects can be seen hovering above the deck of a Navy destroyer.

According to Corbell, the Pentagon has gone to great lengths to disavow any connection to the swarming UAVs.

“This was taken on deployment from the USS Russell,” Corbell told Mystery Wire. “It shows what they described as vehicles. And they made a great distinction. They made sure in this classified briefing, they made a great distinction that this is not something that we own either a black project, this is not something of a foreign military, that these were behaving in ways that we did not expect.

“And that they were you know shaped non aerodynamically,” he added. “Like pyramids, these are flying pyramids!”

The video, as well as a number of photos from the incident, have all been gathered by the Unidentified Aerial Phenomena Task Force, a group tasked with investigating encounters between the different service branches of the U.S. Armed Forces and a number of unidentified flying objects.

While officials have been baffled by the unknown flying objects, in recent years the Pentagon has been more vocal about past encounters, which they describe as having been frequent. Officials have also discouraged the use of the acronym “UFOs,” instead opting to describe them as unidentified aerial phenomena or UAPs.

Continue Reading

Bizarre

Prince Philip Joke About Reincarnating as Deadly Virus to ‘Solve Overpopulation’ Resurfaces

Elias Marat

Published

on

Like this article? Get the latest from The Mind Unleashed in your inbox. Sign up right here.

The Friday announcement of the death of Prince Philip elicited a range of reactions on social media, with some users eulogizing the late royal while others used the occasion to heap mockery upon the British monarchy.

However, others also shared an old quote from the Prince Philip where he bizarrely suggested that after he died, his wish would be that he is reincarnated as a deadly virus in order to help solve the so-called problem of overpopulation.

The decidedly anti-social quote was taken from a 2009 article published by The Guardian that listed out a number of controversial and generally distasteful quotes from the Queen’s husband on various subjects.

The full quote read: “In the event that I am reincarnated, I would like to return as a deadly virus, to contribute something to solving overpopulation.”

Tweeting a screenshot of the quote, user Riya said: “WHAT THE F*CK.”

While others replied to the misanthropic quote with a reference to the ongoing pandemic:

The Daily Express notes that the quote originates from a joking comment about deadly viruses that the prince made in a 1988 interview with Deutsche Press-Agentur. The quote was also widely shared during the initial outbreak of the novel coronavirus.

Buckingham Palace announced the death of Prince Philip, royal consort to Queen Elizabeth II, on Friday morning.

“It is with deep sorrow that Her Majesty The Queen announces the death of her beloved husband, His Royal Highness The Prince Philip, Duke of Edinburgh,” the announcement read. “His Royal Highness passed away peacefully this morning at Windsor Castle.”

Continue Reading

Animals

As Marine Life Flees the Equator, Global Mass Extinction is Imminent: Scientists

Elias Marat

Published

on

Like this article? Get the latest from The Mind Unleashed in your inbox. Sign up right here.

The waters surrounding the equator are one of the most biodiverse areas in the globe, with the tropical area rich in marine life including rare sea turtles, whale sharks, manta rays, and other creatures.

However, rampant rises in temperate have led to a mass exodus of marine species from the sensitive region – with grave implications for life on earth.

While ecologists have long seen the thriving biodiversity of equatorial species holding constant in the past few centuries, a new study by Australian researchers published in The Conversation has found that warming global temperatures are now hitting the equator hard, potentially leading to an unprecedented mass extinction event.

The researchers from the Universities of Auckland, Queensland, and the Sunshine Coast found that as waters surrounding the equator continue to heat up, the ecosystem is being disrupted and forcing species to flee toward the cooler water of the South and North Pole.

The massive changes in marine ecosystems that this entails will have a grave impact not only on ocean life – essentially becoming invasive species in their new homes –  but also on the human livelihoods that depend on it.

“When the same thing happened 252 million years ago, 90 percent of all marine species died,” the researchers wrote.

To see where marine life is headed, the researchers tracked the distribution of about 49,000 different species to see what their trajectory was. The global distribution of ocean life typically resembles a bell curve, with far fewer species near the poles and more near the equator.

However, the vast alteration of the curve is already in motion as creatures flee to the poles, according to a study they published in the journal PNAS.

These changes augur major disruptions to global ecosystem as marine life scrambles in a chaotic fight for food, space, and resources – with a mass die-off and extinction of creatures likely resulting.

The research underscores the dire need for human societies to control rampant climate change before the biodiversity and ecological health of the planet is pushed past the point of no return.

Continue Reading

Trending