An LGBTQ nightclub in Oakland, Que Rico, is demonstrating resilience by organizing a taco fundraiser to recover from a recent burglary. The event attracted numerous supporters, including Rick Hernandez Graham, who traveled from Castro Valley specifically for this cause. The club aims to offset the $5,000 damage and additional losses in alcohol from the break-in on April 29. This incident highlights not only the financial strain but also the emotional toll these events have on the business and its community. Owner Valentino Carrillo reveals that this marks the 11th break-in since opening in 2021, with estimated losses exceeding $100,000 over four years.
Que Rico nightclub has become more than just a venue; it symbolizes a safe haven for the LGBTQ Latin community in Northern California. Unfortunately, its unique status as the sole LGBTQ Latin Club in the region makes it an ongoing target for criminals. A video from the latest break-in shows the culprits maneuvering through the back rooms and disabling security cameras, illustrating their familiarity with the premises. Hernandez Graham expresses concern about the vulnerabilities faced by marginalized communities and emphasizes the importance of protection and support.
The repeated break-ins are taking a significant toll on Que Rico’s operations. According to owner Valentino Carrillo, staff morale, salaries, planned upgrades, and community events are all being affected. With a long-term lease at their downtown location near Franklin and 15th Street, relocating isn't an option. Carrillo explains the frustration of implementing security measures only to find them circumvented repeatedly. Yet, despite these challenges, the community remains steadfast in its support.
Hernandez Graham and other loyal patrons continue to rally behind Que Rico, determined to help alleviate the financial burden caused by the burglaries. Their commitment underscores the significance of supporting establishments like Que Rico, which play a crucial role in fostering inclusivity and safety within the LGBTQ Latin community. Without such solidarity, businesses serving marginalized groups risk closure, highlighting the critical need for collective action and innovative solutions.
Inspired by the outpouring of support during the taco fundraiser, Que Rico remains optimistic about overcoming these obstacles. The event served as a reminder of the power of community and the unwavering spirit of those dedicated to preserving spaces that celebrate diversity and inclusion. As long as there are advocates like Hernandez Graham willing to stand up and contribute, venues like Que Rico can endure and thrive, continuing to provide vital services and a sense of belonging to their members.
A significant portion of college students encounter difficulties in managing their budgets and comprehending financial literacy. Data from the National Association of Student Financial Aid Administrators (NASFAA) indicates that merely 40% of four-year college students have engaged in a personal finance course. To address this issue, Western Washington University has introduced the Merriman Financial Literacy Program, which offers peer mentorship, access to financial tools, and educational events focusing on saving, investing, and budgeting strategies.
The peer mentorship component involves students from the College of Business and Economics guiding participants in financial management. This arrangement benefits both parties, as mentees enhance their understanding of finances while mentors gain valuable work experience for future career opportunities. According to Yousef Tirhi, a third-year student majoring in finance and entrepreneurship who serves as a peer mentor, the program's primary goal is to cater to the specific needs of each student. He emphasizes that every individual's financial situation varies, necessitating personalized financial plans.
Tirhi highlights that the program distinguishes itself by focusing on the unique requirements of students, enabling them to learn about topics not typically covered in class or mainstream media. Andrew Long, a third-year economics major, underscored the importance of planning for the future through mentorship, noting that retirement may seem distant but requires early preparation.
Elizabeth Snyder, a financial investment advisor and Western alumna, suggests that awareness of spending habits is crucial for effective budgeting. She advises students to monitor their expenses critically and adjust accordingly. Snyder also warns against common financial pitfalls, such as overestimating one's financial capacity with credit cards. The Merriman Financial Literacy Program aims to educate students on using credit cards responsibly and avoiding potential oversights in money management.
In addition to its current offerings, the program seeks to expand its reach within the Bellingham community by collaborating with local banks to enhance employees' knowledge of personal finance topics. An upcoming workshop scheduled for May 29 at 4 p.m. in the Biology Building, room 234, will focus on Strategies For Financial Success, providing further opportunities for students to develop essential skills.
Through initiatives like the Merriman Financial Literacy Program, Western Washington University continues to support students in navigating the complexities of personal finance. By fostering an environment of learning and mentorship, the university empowers its students to make informed financial decisions, setting them up for long-term success.
While many industries express apprehension about the implications of President Trump's tariffs, the shrimping sector appears unfazed. In fact, participants in this industry are welcoming these measures. This article explores why shrimpers embrace tariffs and evaluates economists' opinions on whether such tariffs benefit the American economy. It also delves into related discussions concerning grocery prices and other economic trends.
Why Shrimpers Support the New Tariffs
Contrary to widespread concerns among various sectors, shrimpers find themselves aligned with the new trade regulations. These tariffs seem to provide a competitive edge over imported shrimp, allowing domestic producers to thrive. The industry believes that reduced foreign competition will lead to increased market share and profitability for local businesses.
Historically, the global shrimp market has been dominated by imports, often undercutting local prices. With the introduction of tariffs, domestic producers anticipate leveling the playing field. By increasing costs for imported shrimp, these tariffs aim to encourage consumers to purchase locally produced seafood. Moreover, shrimpers argue that supporting local industries strengthens the national economy, creating jobs and fostering community development. Economists, however, remain divided on the long-term impacts of such protectionist policies.
Economists Weigh In on the Impact of Tariffs
The perspectives of economists regarding the benefits of tariffs vary significantly. While some experts support the idea of shielding domestic industries from international competition, others warn of potential negative repercussions. Critics suggest that tariffs could lead to retaliatory measures from trading partners, ultimately harming the broader economy.
Despite differing viewpoints, economists agree that evaluating the overall impact of tariffs requires a comprehensive analysis of multiple factors. For instance, while tariffs might bolster specific industries like shrimping, they could simultaneously increase consumer prices and strain relationships with key trade allies. Furthermore, the effectiveness of tariffs in promoting sustainable growth remains uncertain. As the debate continues, it is essential to consider both short-term advantages and long-term consequences. Related discussions highlight similar concerns across different sectors, emphasizing the need for balanced policies that address diverse economic interests.