Thomas Parran, Surgeon General oversaw the Tuskegee Experiment

This surgeon general of the United States of America was involved in the horrible experiments that killed Black people for 50 years in the Tuskegee experiments. Thank goodness there’s no corruption today and everybody is honest and you can trust the government. 😹😭😭😹 pic.twitter.com/8hUmSb31LU

— Erin Elizabeth Health Nut News (@unhealthytruth) July 27, 2022

From PBS NewsHour,

Dr. Thomas Parran Jr., whose name graces the main building of the University of Pittsburgh Graduate School of Public Health, has also been called an architect of the syphilis experiments on black men and women in Tuskegee, Ala. While he was surgeon general, he was also aware that U.S. public health researchers were intentionally infecting with syphilis Guatemalan people who were mentally ill or in prison, in the name of research. 

The Tuskegee Experiment wasn't the only experiment that Parran was involved with.  There was also the Guatemalan syphilis. experiments, 1946-1948, a full 4 to 6 years after penicillin was manufactured.  Oh, my God. 

Daniel Jacobson, a graduate student in social work and the president of the Latin American Graduate Organization of Students at Pitt, said Parran’s role in dehumanizing Latinos through the Guatemala syphilis experiments should not be lost in the debate.

Jacobson said participants in those experiments were devalued and even preyed upon. The United States apologized to Guatemala for the episode in 2010, but it wasn’t until the following year that Parran’s role in the tests received wide attention.

“This is a marginalized group,” Jacobson said, referring to the people used in the Guatemala experiments. “No one is going to care about these people.” 

Apparently, penicillin was quite effective at treating syphilis.

 

 

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good news for sellers who may have found themselves with no bid but disastrous for the average citizen who is struggling to find permanent shelter

Thank you to Martin Armstrong's "Chinese on US Real Estate Spending Spree."

The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices. Chinese buyers are now targeting the American housing market. In fact, Chinese buyers outnumbered buyers from any other foreign country and spent over $6 billion on US real estate from April 2021 to March 2022. Canadians came in second for foreign home buyers, spending $5.5 billion in the same period.

The National Association of Realtors also noted that Chinese buyers tend to purchase more expensive properties, averaging over $1 million at a time when home prices were averaging under $400,000 (prices have risen since then). Around 31% of Chinese buyers selected properties in California and tend to choose wealthier areas for investments.

This is simply a means to park cash. Around 44% of foreign buyers purchased homes in all-cash deals. Non-resident foreign buyers were 60% likely to pay in cash compared to 30% of resident foreign buyers. Yes, this does mean that home prices will rise as foreign buyers can outbid most domestic buyers. This is good news for sellers who may have found themselves with no bid but disastrous for the average citizen who is struggling to find permanent shelter while paying for high rental properties that further remove them from the dream of homeownership.

One thing to consider is geopolitical relations. Look at how the US and others treated Russian “oligarchs” this past year by seizing all their assets under the pretense of conspiracy. No actual crime needed to be committed for bank accounts and assets to be forfeited. Tensions are rising with China, namely over Taiwan, and it is not unreasonable to think that the US could pull the same move on another nation. The Chinese government is selling off US debt and slowly putting distance between itself and the current top economy. Private investors may follow suit if geopolitical tensions continue to rise.