Monday, 7 July 2025

[WardFive] Fwd: DC Budget 2026: DC Council Budget Work Session Continues Tues July 8 :: Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class"


* fyi *

---------- Forwarded message ---------
From: d.c. forrd <dc4reality@gmail.com>
Date: Mon, Jul 7, 2025 at 4:11 PM
Subject: <Press Alert> DC Budget 2026: DC Council Budget Work Session Continues Tues July 8 :: Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class"
To: <press@dc4reality.com>, <press_it_now@dcfeedback.com>, <press@poorpeoplescampaign.org>, <press@dcblm.org>
Cc: Henderson, Christina (Council) <chenderson@dccouncil.gov>, <rwhite@dccouncil.gov>, <abonds@dccouncil.gov>, McDuffie, Kenyan (Council) <kmcduffie@dccouncil.gov>, <wfelder@dccouncil.gov>, <callen@dccouncil.gov>, Parker, Zachary (Council) <zparker@dccouncil.gov>, <jlewisgeorge@dccouncil.gov>, <mfrumin@dccouncil.gov>, <bpinto@dccouncil.gov>, Nadeau, Brianne K. (Council) <bnadeau@dccouncil.gov>, Mendelson, Phil (COUNCIL) <pmendelson@dccouncil.gov>


FOR IMMEDIATE RELEASE
July 7, 2025 -- updating the July 2, 2025 release

DC Budget 2026 DC Council Budget Work Session Continues on Tuesday July 8;  At First Session Last Week, DC Council Chair, Phil Mendelson Expressed He Wasn't Interested in Revenue Generating Ideas


Washington, DC —  On Tuesday, July 8, 2025, the DC Council will continue working together on the FY 2026 DC Budget.

The session will be convened in person for Councilmembers and staff and virtually on Zoom for the public from the Chairman's Conference Room. The budget session will otherwise not be broadcast nor recorded



The Council budget session announcement can be found here: https://lims.dccouncil.gov/Hearings/hearings/615

ZOOM LINK HERE:

Topic: FY 26 Budget Work Session Part 2 Join from PC, Mac, iPad, or Android: https://dccouncil-us.zoom.us/w/88159366876?tk=1I7BRrSYfxBt0tY5y5UXLajmaOtaxKoatVag3G9U_XM.DQgAAAAUhrUu3BZGRk9iMmdfa1MxNjhxcWFuT3lnVnJRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA&pwd=0SHxa0IamU42i8fsNVuMnYhSayvvB0.1&uuid=WN_mL6Bp2zrQayZ-KatlFbE-Q Passcode:090715 Phone one-tap: 8778535257,,88159366876#,,,,*090715# US Toll Free 8884754499,,88159366876#,,,,*090715# US Toll Free Join via audio: 877 853 5257 US Toll Free 888 475 4499 US Toll Free Webinar ID: 881 5936 6876 Passcode: 090715




At the June 18th, 14-hour long, public budget hearing where hundreds of people testified against the brutal cuts that tens of thousands of DC residents will face under the proposed budget, The late Professor David Schwartzman, highlighted what he called an "assault on low-income residents:"

"[The] repeal of the DC child tax credit, the ending of the baby bonds program, both of which would reduce racial income and wealth gaps... [C]uts in TANF ... ERAP, SNAP, ... no funding for housing vouchers for individuals experiencing homelessness... " and the list goes on, including massive curtailing of the locally funded longest running DC healthcare program, Alliance Healthcare, pushing 25,000 DC adults over the age of 26 off the program and into certain harm.


During last week's budget work session on Wednesday, July 2, DC Council Chair Phil Mendelson pushed back against proposals by Councilmember colleagues who want to seek out new revenue to reverse the deep cuts found in Mayor Bowser's proposed FY 2026 budget, which many have called a "MAGA austerity budget."

See Part 1 and Part 2 of the July 2 Council budget workshop here:
https://dc.granicus.com/viewpublisher.php?view_id=2



The Council Chair, who in the past couple of weeks declared he will "cabin" or preserve  $1B dollars in the budget for a football stadium deal, urged colleagues to prioritize additional cuts to what he called "overspending," effectively shrinking an already limited budget pie and threatening critical services for DC's low-income, Black, and Brown residents.

After the budget work session on July 8, the Council may take up the budget for a first official vote currently scheduled for July 14, 2025. Details on the upcoming vote is available here: https://lims.dccouncil.gov/Hearings/hearings/846

###


** Rest in Power David Schwartzman **


For more information, contact:

Chris Otten
DC for Reasonable Development
(202) 810 2768












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Read More :- "[WardFive] Fwd: DC Budget 2026: DC Council Budget Work Session Continues Tues July 8 :: Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class""

[WardFive] RE: Passing of David Schwartzman

Thank you Ann for sharing this information.  Mr. Schwartzman was a key voice for the DC Statehood movement and many other causes.  He will be missed.  I had him on the DC Statehood Today Show, for the April 2016 show.  You can watch him here: https://www.youtube.com/watch?v=gYXO2qF4IbU&t=2s, he is at 17:40,  Sadly, all the local people interviewed for that show have now passed (Jim McGrath, David Schwartzman and Royal Height).  May they all rest in peace, and may we honor their legacy by becoming the 51st state. 

 

Franklin Garcia. 

 

From: Ann Wilcox <ann1.wilcox@gmail.com>
Sent: Sunday, July 6, 2025 10:30 AM
To: John Zottoli <john.zottoli@gmail.com>; bubar.james <bubar.james@gmail.com>; Franklin Garcia <fgarcia@maestropc.com>; Philip Pannell <philippannell@comcast.net>; Stuart W. Anderson <swanderson6711@gmail.com>; LAMONT MITCHELL <lamontmitchell1@gmail.com>; johncapozzidc@aol.com; dcgaydemocrat@aol.com
Subject: Fwd: David Schwartzman

 

Friends - for those who haven't heard, longtime DC activist David Schwartzman passed away last week, after a battle with cancer.  Just 2 weeks before he testified in the DC budget hearing, calling for a budget that supports children and working people.  Please circulate to DC Democrats and others who may be interested - thank you! 

 

David William Schwartzman - 1943-2025

David Schwartzman passed away at the age of 81 on Tuesday July 1st in Washington DC following months of cancer and serious illness.

Born in Brooklyn, NY on October 31st, 1943, a date he liked to remind friends and family was exactly nine months after the end of the Battle of Stalingrad. The implication - that his father Max and mother Miriam conceived David in celebration of the Soviet Union's victory over the Nazis - meant that from even from his embryonic beginnings, David was cosmically tied to the victory of socialism over fascism.

He grew up among a thriving community of largely leftist working-class Jews in Brooklyn. He displayed an early passion and curiosity for science and the natural world that his family encouraged. He attended Stuyvesant High School, followed by City College, New York B.S, 1964 (chemistry, geology), and Brown University: M.S., 1966, Ph.D., 1971 (geochemistry). In 1973, David moved to Washington, DC and began teaching at Howard University. After thirty-nine years as a professor, including time as Department head, he retired in 2012 as Professor Emeritus.

David was a long-time member of the DC Statehood Green Party, and was a candidate for citywide office three times, and was an activist for tax and economic justice and for DC statehood. Among his biggest goals, tax increases on the wealthy to fund essential services like childcare and affordable housing, was partially achieved when the DC Council passed legislation last year. David's committed presence at demonstrations and events and his mentorship of younger activists will be sorely missed.

He was an extensively published author, with two books, "Life, Temperature, and the Earth" and "The Earth is Not for Sale" (co-authored with his son, Peter), and a remarkable output of articles, book reviews, book chapters and online essays. He was still working on his final book 'Solar Communism'. He was an internationally recognized climate scientist, having been an invited speaker at more than fifty conferences globally. David loved daily walks in Rock Creek Park, watching tennis, UFO's, cryptozoology, and visiting his wife's home in North Devon, England.

David leaves behind his wife Joanne; his sons Peter and Sam; Sam's mother, Emilie, his grandchildren, and nieces and nephews, and a home in DC where he lived for almost fifty years. His loved ones are planning a memorial and celebration of his life on 2nd August at the Josephine Butler Center, Washington DC.

 

Read More :- "[WardFive] RE: Passing of David Schwartzman"

Thursday, 3 July 2025

[WardFive] Fwd: DC Budget 2026: DC Council Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class"

fyi (citywide impact)


---------- Forwarded message ---------
Date: Thu, Jul 3, 2025 at 12:36 PM
Subject: <Press Update> DC Budget 2026: DC Council Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class"
To: <press@dc4reality.com>, <press_it_now@dcfeedback.com>
Cc: <secretary@dc.gov>, Henderson, Christina (Council) <chenderson@dccouncil.gov>, <rwhite@dccouncil.gov>, <abonds@dccouncil.gov>, McDuffie, Kenyan (Council) <kmcduffie@dccouncil.gov>, <wfelder@dccouncil.gov>, <callen@dccouncil.gov>, Parker, Zachary (Council) <zparker@dccouncil.gov>, <jlewisgeorge@dccouncil.gov>, <mfrumin@dccouncil.gov>, <bpinto@dccouncil.gov>, Nadeau, Brianne K. (Council) <bnadeau@dccouncil.gov>, Mendelson, Phil (COUNCIL) <pmendelson@dccouncil.gov>


FOR IMMEDIATE RELEASE
July 2, 2025

DC Budget 2026: DC Council Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class" 

(In Memoriam David Schwartzman)


Washington, DC — July 2, 2025 —
During a budget work session Wednesday, DC Council Chair Phil Mendelson pushed back against proposals by Councilmember colleagues who want to seek out new revenue to reverse the deep cuts found in Mayor Bowser's proposed FY 2026 budget, which many have called a "MAGA austerity budget."

See Part 1 and Part 2 of the July 2 Council budget workshop here:
https://dc.granicus.com/viewpublisher.php?view_id=2



The Council Chair, who in the past couple of weeks declared he will "cabin" or preserve  $1B dollars in the budget for a football stadium deal, urged colleagues to prioritize additional cuts to what he called "overspending," effectively shrinking an already limited budget pie and threatening critical services for DC's low-income, Black, and Brown residents.

The late Professor David Schwartzman, a longtime DC advocate for social and economic justice who passed away recently, testified at the June 18 public budget hearing, warning of the Mayor's "assault on low-income residents" testifying to the types of brutal cuts in the budget: 

Watch fity-year Ward 4 Residents and Howard Univ. Professor, David  Schwartzman's full June 18, 2025 testimony on the FY 2026 Budget: YouTube Video @ 4:07:04




"[The] repeal of the DC child tax credit, the ending of the baby bonds program, both of which would reduce racial income and wealth gaps... [C]uts in TANF ... ERAP, SNAP, ... no funding for housing vouchers for individuals experiencing homelessness... " and the list goes on, including massive curtailing of the locally funded longest running DC healthcare program, Alliance Healthcare, pushing 25,000 DC adults over the age of 26 off the program and into certain harm.




Councilmembers Charles Allen, Zachary Parker, Brianne Nadeau, Janeese Lewis George, and Matthew Frumin — without objection from their colleagues — raised the possibility of revenue measures to save vital programs and protect vulnerable residents. 

See their discussion on "Revenue-Raising" especially at 29 minutes into the Council video: Council Session Video.

With perseverance by Councilmembers pushin back against the Chair's resistance, Mendelson agreed to receive a list of "Revenue-Raising" ideas from his colleagues for further discussion before the first Council vote on the budget, currently scheduled for July 14, 2025. Details on the upcoming vote is available here: https://lims.dccouncil.gov/Hearings/hearings/846

###

For more information, contact:

Chris Otten
DC for Reasonable Development
(202) 810 2768








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Read More :- "[WardFive] Fwd: DC Budget 2026: DC Council Chair, Phil Mendelson Wants Budget Cuts, Not Revenue Solutions; It's a "Trump-like Attack on DC's Black & Brown Working-Class""

How to Turn $1,000 and 3 Hours a Week into Serious DeFi Yields (Without Gambling)

DeFi is an ocean of opportunities, but also a minefield of risks. If you're entering this space with only $1,000 and limited time, the worst thing you can do is gamble it all on speculative tokens. Instead, what you need is a deliberate, strategic approach that maximizes learning, minimizes exposure, and sets you up for long-term success.

This article outlines a practical DeFi plan tailored to those with small capital and tight schedules. You'll discover low-risk strategies, smart airdrop farming, effective liquidity provision, and how to earn passive income with minimal active management — all while building exposure to future opportunities.

Step 1: Start Slow — Your First Rule

If $1,000 is all you can allocate, then it's precious. Don't rush. The first priority is to learn how DeFi works using small amounts — think $10 or $20 — before committing real capital.

Key points:

  • Spend time testing wallets, bridges, swaps, and networks.
  • Track protocols that offer airdrop points for usage.
  • Join community Discords, follow dev teams, and read whitepapers.
"Speed is irrelevant if you're going in the wrong direction."

Step 2: Explore the DeFi Toolbox

Here are the core strategies available in DeFi today:

Lending Platforms (Low Risk)

  • Supply stablecoins and earn interest.
  • Optional: Borrow against your collateral and re-deposit (looping).

Delta-Neutral Strategies (Medium Risk)

  • Long and short the same asset across two platforms.
  • Capture funding rate spreads while avoiding market exposure.

Semi-Delta Neutral (Medium-High Risk)

  • Slight market exposure with added rewards potential.

Liquidity Pools (Variable Risk)

  • Provide tokens to trading pools and earn fees.
  • Use full-range LPs (passive) or concentrated LPs (active).

Strategy Spectrum by Risk/Time:

Step 3: Delta-Neutral Yield + Airdrop Farming

Earn APR now + a potential future airdrop — the holy grail of DeFi.

Open mirrored positions across two perpetual DEXes:

  • SHORT on one DEX (e.g., Hyperliquid)
  • LONG on another DEX (e.g., Lighter)

Example:

  • Asset: SUI
  • Hyperliquid: SHORT, earning 10.95% APR
  • Lighter: LONG, earning -32% APR (you get paid)

Both positions should be set with:

  • Matching amounts (e.g., $250 each)
  • Matching Stop Loss and Take Profit (inverted)

Bonus:

You earn points on Lighter (confirmed airdrop) and potentially on Hyperliquid (based on past behavior).

Pro tip: Maintain positions open longer to maximize airdrop points. It's not just about volume.

Time commitment: ~10–15 minutes/day

Step 4: Add Liquidity to Blue Chip Pools with Airdrop Potential

Use concentrated liquidity (Uniswap V3-style) on promising DEXs:

  • Example: Momentum DEX on SUI network
  • Pool: SUI/USDC
  • APR: Up to 100%
  • Multiplier: x2 points for upcoming airdrop

Why this works:

  • SUI is a top-15 token ("blue chip")
  • Less volatility than meme coins
  • Good APR + future airdrop potential

State Diagram — Risk & Reward

Step 5: Optional High-Risk High-Reward LP

Allocate the last $250 to a low-cap token LP on a growing L2 (e.g., Base):

  • Project: Real utility (not meme)
  • APR: Up to 1,000%
  • Token: Small cap (~$5M market cap)

This is NOT for everyone.

Expect volatility, impermanent loss, and wild swings. But if chosen wisely, these LPs can deliver outsized short-term returns.

Suggested Portfolio Breakdown

Portfolio Stats:

  • 75% of capital in stablecoin pairs
  • 25% exposed to token volatility (blue chip + speculative)
  • Balanced between current income and future potential

Tips for Success

  • Use stop-loss and take-profit to avoid surprises.
  • Track APR and adjust positions weekly.
  • Don't just chase airdrops — chase value.
  • Log everything: deposits, returns, and performance.

Where to Start

Here are some platforms and resources worth checking:

  • Hyperliquid — Perpetual DEX, possible airdrop
  • Lighter — Perpetual DEX with confirmed airdrop
Keep an eye on whitelisted beta invites, as access may be limited!

Final Thoughts

If you're new to DeFi with limited funds and time, you don't need to gamble to grow. The key lies in combining yield generation with airdrop hunting, all while keeping most of your capital in stable, manageable positions.

In under 3 hours per week, you can:

  • Earn double-digit APRs on stablecoins
  • Accumulate potential airdrops
  • Learn how DeFi really works

Stay disciplined, track everything, and iterate. Remember: DeFi rewards the curious, the early, and the consistent.

What's Your Move?

Would you tweak the allocations? Know another DEX with strong airdrop potential? Drop your thoughts in the comments and let's build smarter together.



source: https://raglup.medium.com/how-to-turn-1-000-and-3-hours-a-week-into-serious-defi-yields-without-gambling-8502e814033f?source=rss-f56f44caad34------2
Read More :- "How to Turn $1,000 and 3 Hours a Week into Serious DeFi Yields (Without Gambling)"

Wednesday, 2 July 2025

How to Turn $1,000 and 3 Hours a Week into Serious DeFi Yields (Without Gambling)

DeFi is an ocean of opportunities, but also a minefield of risks. If you're entering this space with only $1,000 and limited time, the worst thing you can do is gamble it all on speculative tokens. Instead, what you need is a deliberate, strategic approach that maximizes learning, minimizes exposure, and sets you up for long-term success.

This article outlines a practical DeFi plan tailored to those with small capital and tight schedules. You'll discover low-risk strategies, smart airdrop farming, effective liquidity provision, and how to earn passive income with minimal active management — all while building exposure to future opportunities.

Step 1: Start Slow — Your First Rule

If $1,000 is all you can allocate, then it's precious. Don't rush. The first priority is to learn how DeFi works using small amounts — think $10 or $20 — before committing real capital.

Key points:

  • Spend time testing wallets, bridges, swaps, and networks.
  • Track protocols that offer airdrop points for usage.
  • Join community Discords, follow dev teams, and read whitepapers.
"Speed is irrelevant if you're going in the wrong direction."

Step 2: Explore the DeFi Toolbox

Here are the core strategies available in DeFi today:

Lending Platforms (Low Risk)

  • Supply stablecoins and earn interest.
  • Optional: Borrow against your collateral and re-deposit (looping).

Delta-Neutral Strategies (Medium Risk)

  • Long and short the same asset across two platforms.
  • Capture funding rate spreads while avoiding market exposure.

Semi-Delta Neutral (Medium-High Risk)

  • Slight market exposure with added rewards potential.

Liquidity Pools (Variable Risk)

  • Provide tokens to trading pools and earn fees.
  • Use full-range LPs (passive) or concentrated LPs (active).

Strategy Spectrum by Risk/Time:

Step 3: Delta-Neutral Yield + Airdrop Farming

Earn APR now + a potential future airdrop — the holy grail of DeFi.

Open mirrored positions across two perpetual DEXes:

  • SHORT on one DEX (e.g., Hyperliquid)
  • LONG on another DEX (e.g., Lighter)

Example:

  • Asset: SUI
  • Hyperliquid: SHORT, earning 10.95% APR
  • Lighter: LONG, earning -32% APR (you get paid)

Both positions should be set with:

  • Matching amounts (e.g., $250 each)
  • Matching Stop Loss and Take Profit (inverted)

Bonus:

You earn points on Lighter (confirmed airdrop) and potentially on Hyperliquid (based on past behavior).

Pro tip: Maintain positions open longer to maximize airdrop points. It's not just about volume.

Time commitment: ~10–15 minutes/day

Step 4: Add Liquidity to Blue Chip Pools with Airdrop Potential

Use concentrated liquidity (Uniswap V3-style) on promising DEXs:

  • Example: Momentum DEX on SUI network
  • Pool: SUI/USDC
  • APR: Up to 100%
  • Multiplier: x2 points for upcoming airdrop

Why this works:

  • SUI is a top-15 token ("blue chip")
  • Less volatility than meme coins
  • Good APR + future airdrop potential

State Diagram — Risk & Reward

Step 5: Optional High-Risk High-Reward LP

Allocate the last $250 to a low-cap token LP on a growing L2 (e.g., Base):

  • Project: Real utility (not meme)
  • APR: Up to 1,000%
  • Token: Small cap (~$5M market cap)

This is NOT for everyone.

Expect volatility, impermanent loss, and wild swings. But if chosen wisely, these LPs can deliver outsized short-term returns.

Suggested Portfolio Breakdown

Portfolio Stats:

  • 75% of capital in stablecoin pairs
  • 25% exposed to token volatility (blue chip + speculative)
  • Balanced between current income and future potential

Tips for Success

  • Use stop-loss and take-profit to avoid surprises.
  • Track APR and adjust positions weekly.
  • Don't just chase airdrops — chase value.
  • Log everything: deposits, returns, and performance.

Where to Start

Here are some platforms and resources worth checking:

  • Hyperliquid — Perpetual DEX, possible airdrop
  • Lighter — Perpetual DEX with confirmed airdrop
Keep an eye on whitelisted beta invites, as access may be limited!

Final Thoughts

If you're new to DeFi with limited funds and time, you don't need to gamble to grow. The key lies in combining yield generation with airdrop hunting, all while keeping most of your capital in stable, manageable positions.

In under 3 hours per week, you can:

  • Earn double-digit APRs on stablecoins
  • Accumulate potential airdrops
  • Learn how DeFi really works

Stay disciplined, track everything, and iterate. Remember: DeFi rewards the curious, the early, and the consistent.

What's Your Move?

Would you tweak the allocations? Know another DEX with strong airdrop potential? Drop your thoughts in the comments and let's build smarter together.



source: https://raglup.medium.com/how-to-turn-1-000-and-3-hours-a-week-into-serious-defi-yields-without-gambling-8502e814033f?source=rss-f56f44caad34------2
Read More :- "How to Turn $1,000 and 3 Hours a Week into Serious DeFi Yields (Without Gambling)"