School or Housing?

There is a great deal of well- intentioned debate about the future use of the former Pope John High School property.

Many Ward 3 residents are up in arms about the city’s plans to sell the property so that it can be turned into affordable housing, which, frankly, is badly needed in this city.

The real estate boom has caused rental and purchase prices for property to go through the roof.

Despite interest rates rising, prices have not fallen and the need for housing that is affordable is continuing its starling upward trajectory.

At the same time, the Everett Public Schools need more classroom space to house a student population well over 7,000 in the present array of school buildings which are all bursting with students, with more students than places to put them.

This had led to a situation now playing itself out as the new school year approaches.

Some classes will have as many as 35 students in them.

Most classes will be in the range of 30 students.

Educators and parents understand that classrooms so crowded with students make teaching a near impossible task.

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A Summer Double Header

By Josh Resnek

Let’s start at the top.

It is a hot summer day and I am dying for a grilled sweet sausage and grilled vegetables.

You don’t have to be Italian to enjoy a good piece of sausage.

That being said, I don’t care for hot or spicy sausage. I’ve never understood eating food that causes your mouth to burn and your stomach to be set into a roar.

Sweet sausage is what I like.

The sausage shown above I bought in Revere at the end of Broadway at New Deal Fruit.

There is nothing quite like New Deal Fruit.

It is a 100% totally Italian environment with super good treats of every kind.

I didn’t buy my produce there, however.

I use Market Basket as my default go to store for nearly everything – except for sweet sausage.

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— Eye on Everett —

THE BLUE SUIT

Leader Herald Editor Josh Resnek and the mayor’s Blue Suit share stories about Everett and their own lives.

By JOSH RESNEK with THE BLUE SUIT

Did you ever lose all your money?” I asked the Blue Suit.

“No,” he answered. “I can’t say that I have. I’ve been taken care of, if you know what I mean,” he added.

“I get it,” I said.

“I was always taken care of by my parents,” I pointed out.

“I never had to worry about anything when I was growing up. I always wanted to do what I wanted to do and my father was OK with that as long as I educated myself. My father and mother believed being smart, above all, was better than being rich or being famous. I was lucky, my father , my uncles, my grandfather – everyone had money and college degrees, businesses of their own and real estate.”

“I wish it had been like that for me,” said the Blue Suit.

“I was born in a sweat shop in Alabama. I was stitched together on a clothing mass production line by a woman making $4.00 an hour. I was put together without much concern for perfection or anything like that – but I was lucky – I turned out OK – a nicely fitted, well put together machine made suit that sold for about $200,” said the Blue Suit.

“The day Carlo bought me off the rack changed my life. I think I changed his life. He doesn’t let me know, but he really likes me. How else can I explain how he has worn me for so many years to so many events?”

We shared a few moments of silence inside my car. We ate sub sandwiches I bought from Chris at Everett Square Deli. Chris’ subs – and pizza – are extraordinary. Each sub is like swollen, tasty treat. The Blue Suit ordered two – a meatball sub with extra sauce and an Italian with everything.

We ate the subs parked in the Walgreen’s parking lot on Broadway.

“Did you ever lose all your money, Josh?” the Blue Suit asked in between bites

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Everett Man Charged in Securities Fraud Scheme

Defendant allegedly participated in a pump-and-dump and misappropriation scheme

Special to the Leader Herald

An Everett man has been charged in a superseding indictment in connection with two securities fraud schemes: one involving an alleged pump-and-dump and one involving the alleged misappropriation of tens of thousands of dollars of investor funds to pay his personal expenses.

Christopher R. Esposito, 55, was charged in a superseding indictment with one count of conspiracy to commit securities fraud and sale of unregistered securities, one count of securities fraud and one count of sale of unregistered securities, concerning the alleged pump-and-dump scheme. In April 2022, Esposito was indicted on one count of securities fraud and one count of wire fraud, in relation to the alleged misappropriation scheme.

According to the charging documents, Esposito and co-conspirator Anthony Jay Pignatello conspired between 2012 and 2015
to conceal their control over the Massachusetts-based microcap company Cannabiz Mobile, Inc. and to use backdated promissory notes to fraudulently obtain free-trading shares in the company. They then allegedly arranged for a promotional campaign in October 2015 to pump up Cannabiz Mobile’s stock so that they could sell – i.e., dump – their shares into the market and make money. In so doing, they allegedly sold and offered to sell Cannabiz Mobile stock in violation of the securities laws because the securities were not registered with the SEC and no exemption from SEC registration was available.

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