January 17, 2018 09:00 ET | Source: Umbra Applied Technologies Group, Inc.
TAMPA, Fla., Jan. 17, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE Umbra Applied Technologies, Inc. (OTC:UATG) Chairman is pleased to issue the following letter to shareholders today:
January 17, 2018
UATG Shareholders
Re: Umbra Applied Technologies Group, Inc.
2018 Chairman’s Letter
(UATG:PK) Year 2018
Chairman's Letter
“UAT Group and its subsidiaries, operate with the understanding that what we do matters and as such our decisions bear consequences.”
Dear Fellow Shareholders,
First, I would like to wish everyone a prosperous New Year and I hope everyone enjoyed the holidays.
As the Chief Executive of a publicly traded company I am the fiduciary for all shareholders, many of whom have invested in UAT Group based on long-term goals such as retirement or to pay for a childs higher education. As such, I advocate and otherwise direct corporate governance practices that are in keeping with long-term value creation for our shareholders and clients. Last year I asked my executive team to help me outline a new strategic frame-work for long-term value creation that could be completed within the year. I am pleased to report that we have been successful in our execution and were so against significant odds.
Over the course of the past 12 months, many of the assumptions on which our plans were based, including low interest rates on capital and an expectation for continued globalization, have failed to sustain despite indicators to the contrary. With U.S. reflation, increasing rates, renewed growth, the increasing turbulence in Asia as a catalyst to geopolitical tensions, the prospective withdrawal of the United Kingdom from the European Union reshaping Europe and the United States undergoing a fundamental reformation of long held fiscal strategies; the economic environment has been and remains quite volatile. This does not mean that this company or the market at large is expected to be impacted negatively but it is a factor when crafting a long-term execution strategy.
Move the Native Americans to reservations, thus making room for the influx of white settlers.
Answer:
Explanation:At the start of the twentieth century there were approximately 250,000 Native Americans in the USA – just 0.3 per cent of the population – most living on reservations where they exercised a limited degree of self-government. During the course of the nineteenth century they had been deprived of much of their land by forced removal westwards, by a succession of treaties (which were often not honoured by the white authorities) and by military defeat by the USA as it expanded its control over the American West.
In 1831 the Chief Justice of the Supreme Court, John Marshall, had attempted to define their status. He declared that Indian tribes were ‘domestic dependent nations’ whose ‘relation to the United States resembles that of a ward to his guardian’. Marshall was, in effect, recognising that America’s Indians are unique in that, unlike any other minority, they are both separate nations and part of the United States. This helps to explain why relations between the federal government and the Native Americans have been so troubled. A guardian prepares his ward for adult independence, and so Marshall’s judgement implies that US policy should aim to assimilate Native Americans into mainstream US culture. But a guardian also protects and nurtures a ward until adulthood is achieved, and therefore Marshall also suggests that the federal government has a special obligation to care for its Native American population. As a result, federal policy towards Native Americans has lurched back and forth, sometimes aiming for assimilation and, at other times, recognising its responsibility for assisting Indian development.
What complicates the story further is that (again, unlike other minorities seeking recognition of their civil rights) Indians have possessed some valuable reservation land and resources over which white Americans have cast envious eyes. Much of this was subsequently lost and, as a result, the history of Native Americans is often presented as a morality tale. White Americans, headed by the federal government, were the ‘bad guys’, cheating Indians out of their land and resources. Native Americans were the ‘good guys’, attempting to maintain a traditional way of life much more in harmony with nature and the environment than the rampant capitalism of white America, but powerless to defend their interests. Only twice, according to this narrative, did the federal government redeem itself: firstly during the Indian New Deal from 1933 to 1945, and secondly in the final decades of the century when Congress belatedly attempted to redress some Native American grievances.
Answer:
that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn, that mankind are more disposed to suffer, while evils are sufferable, than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security.--Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.
Explanation:
