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katherineharron

Trump says for the first time Biden won the election but later insists he's not concedi... - 0 views

  • President Donald Trump acknowledged for the first time on Sunday that Joe Biden won the presidential election, but the President refused to concede and blamed his loss on a string of conspiracy theories.
  • Most news networks declared Biden the victor more than a week ago. Since the call was made, Biden has given a victory speech and gotten his transition team up and running.
  • "He won because the Election was Rigged," Trump said in one Sunday morning tweet.
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  • Trump, who had questioned the validity of the election before votes had even been cast, is continuing to dig in his heels on unsupported legal challenges lodged by his allies
  • "I concede NOTHING! We have a long way to go."
  • Trump also continued to blame his loss on debunked theories about the 2020 election
  • The tweets from Trump followed a Saturday spent golfing and tweeting similar false conspiracy theories, and driving by a crowd of his supporters who gathered in Washington, DC, to protest the election results on the basis of his lies and propaganda.
  • But on Twitter this weekend, the President launched baseless conspiracy theories and false statements to his nearly 90 million followers online.
  • Trump has repeatedly claimed without evidence that his chance at a second term in office was stolen from him with corrupt votes
  • Trump's former national security adviser, John Bolton, said Sunday that he thinks the President is "stunned" by his loss.
  • "I think he's stunned by it. I think that's why he's been silent really for so long. He's lived in his own dream world and been successful at it these last four years," Bolton told CNN's Fareed Zakaria.
  • Biden's incoming White House chief of staff, Ron Klain, said Sunday that Trump's tweet that the former vice president won is "further confirmation of the reality," but added that the President's Twitter feed doesn't determine an election.
  • "I accept it as a further confirmation of the reality that Joe Biden won the election -- and not through any of the rest of that tweet, not through fraud or anything else the President is baselessly alleging. He won because he got more votes, OK, that's why he won," Klain said
  • he won the same number of electoral votes that President Trump himself called a landslide four years ago.
  • Sanders told Tapper that it's "beyond belief" that the President "continues to deny reality."
  • "Trump will have the distinction of doing more than any person in the history of this country in undermining American democracy," Sanders added. "The idea that he continues to tell his supporters that the only reason he may have lost this election is because of fraud is an absolutely disgraceful, un-American thing to do."
  • "It's clear, that certainly based on what we know now, that Joe Biden is the President-elect and that transition, for the country's sake, it's important for a normal transition to start through,"
lmunch

Charting an Empire: A Timeline of Trump's Finances - The New York Times - 0 views

  • President Trump’s tax returns portray a businessman who takes in hundreds of millions of dollars in some years yet racks up chronic losses.
  • The tax returns that Mr. Trump has fought to keep secret cast a harsh light on his finances, revealing a businessman who regularly reports losing so much money that he has gone for years paying little or no income taxes and today finds himself in a tightening financial vise.
  • For Mr. Trump, no endorsement was too small, and he rented out his name to everything from Oreo cookies and Domino’s Pizza to mattresses and neckties.
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  • Licensing deals were made with developers of hotels and towers from Azerbaijan and Turkey to Hawaii and Manhattan.
  • Mr. Trump’s retail and commercial spaces at Trump Tower in Midtown Manhattan reported a total of $336.3 million in profit from 2000 to 2018.
  • Along with “The Apprentice,” the endorsements and licensing deals added up to more than $427 million in reported profit for Mr. Trump in this time period.
  • “Apprentice” and licensing profits kicked in, and over a three-year period starting in 2005, he paid over $70 million to the Internal Revenue Service.
  • Mr. Trump had long managed to sidestep taxes in part because of nearly $1 billion in business losses he incurred in the 1990s and could carry forward to cancel out income in future years
  • The golf properties have cost Mr. Trump dearly, with declared losses of more than $315.6 million since 2000.
  • As many of his companies continue to lose money, Mr. Trump has more than $300 million in loans, for which he is personally responsible, coming due within the next four years.
  • And hanging over his head is the audit. Should the I.R.S. reverse the huge refund he received 10 years ago, Mr. Trump could be on the hook for more than $100 million.
xaviermcelderry

Trump's Taxes Show Chronic Losses and Years of Income Tax Avoidance - The New York Times - 1 views

  • The Times obtained Donald Trump’s tax information extending over more than two decades, revealing struggling properties, vast write-offs, an audit battle and hundreds of millions in debt coming due.
  • Donald J. Trump paid $750 in federal income taxes the year he won the presidency. In his first year in the White House, he paid another $750. He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
    • martinelligi
       
      investigation with IRV
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  • An adverse ruling could cost him more than $100 million.
  • often direct conflict of interest with his job as presiden
  • “Over the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since announcing his candidacy in 2015,” Mr. Garten said in a statement.
  • Ultimately, Mr. Trump has been more successful playing a business mogul than being one in real life.
    • martinelligi
       
      TV show made by Trump, contestants compete for a job with him
  • “There’s nothing to learn from them,” he told The Associated Press in 2016. There is far more useful information, he has said, in the annual financial disclosures required of him as president — which he has pointed to as evidence of his mastery of a flourishing, and immensely profitable, business universe.
  • Most of Mr. Trump’s core enterprises — from his constellation of golf courses to his conservative-magnet hotel in Washington — report losing millions, if not tens of millions, of dollars year after year.
  • He reported paying taxes, in turn, on a number of his overseas ventures. In 2017, the president’s $750 contribution to the operations of the U.S. government was dwarfed by the $15,598 he or his companies paid in Panama, the $145,400 in India and the $156,824 in the Philippines.
  • The leak of Mr. Nixon’s small tax payment caused a precedent-setting uproar: Henceforth, presidents, and presidential candidates, would make their tax returns available for the American people to see.
  • that he might release the returns if President Barack Obama released his birth certificate.
  • He often claims that he cannot do so while unde
  • r audit — an argument refuted by his own I.R.S. commissioner.
  • Throughout his career, Mr. Trump’s business losses have often accumulated in sums larger than could be used to reduce taxes on other income in a single year. But the tax code offers a workaround: With some restrictions, business owners can carry forward leftover losses to reduce taxes in future years. That provision has been the background music to Mr. Trump’s life.
  • each new acquisition only fed the downward draft on his bottom line.
    • martinelligi
       
      depreciation: a reduction in the value of an asset with the passage of time, due in particular to wear and tear.
  • “consulting fees” as a business expense across nearly all of his projects.
  • Mr. Trump reduced his taxable income by treating a family member as a consultant, and then deducting the fee as a cost of doing business.
  • The “consultants” are not identified in the tax records. But evidence of this arrangement was gleaned by comparing the confidential tax records to the financial disclosures Ivanka Trump filed when she joined the White House staff in 2017. Ms. Trump reported receiving payments from a consulting company she co-owned, totaling $747,622, that exactly matched consulting fees claimed as tax deductions by the Trump Organization for hotel projects in Vancouver and Hawaii.
  • Hair stylists, table linens, property taxes on a family estate — all have been deducted as business expenses.
  • he ethical quandaries created by Mr. Trump’s decision to keep his business while in the White House have been documented. But the full financial measure of his extraordinary confluence of interests — a president with a wealth of business entanglements at home and in myriad geopolitical hot spots — has remained elusive.
  • how heavily he has come to rely on leveraging his brand in ways that pose potential or direct conflicts of interest while he is president.
  • he president’s conflicts have been most evident with Turkey, where the business community and the authoritarian government of President Recep Tayyip Erdogan have not hesitated to leverage various Trump enterprises to their advantage.
  • Some of the largest payments from business groups for events or conferences at Mar-a-Lago and other Trump properties have come since Mr. Trump became president, the tax records show.
  • Beyond one-time payments for events or memberships, large corporations also pay rent for space in the few commercial buildings Mr. Trump actually owns.
  • his barrage of derogatory remarks about immigrants quickly cost him two of his biggest and easiest sources of cash — licensing deals with clothing and mattress manufacturers that had netted him more than $30 million. NBC, his partner in Miss Universe — source of nearly $20 million in profits — announced that it would no longer broadcast the pageant; he sold it soon after.
  • “They say, ‘Trump is getting rich off our nation,’” he said at a rally in Minneapolis last October. “I lose billions being president, and I don’t care. It’s nice to be rich, I guess, but I lose billions.”
  • He had paid no income taxes at all in 10 of the previous 15 years — largely because he reported losing much more money than he made.
  • Now, with his financial challenges mounting, the records show that he depends more and more on making money from businesses that put him in potential and often direct conflict of interest with his job as president.
  • The tax data examined by The Times provides a road map of revelations, from write-offs for the cost of a criminal defense lawyer and a mansion used as a family retreat to a full accounting of the millions of dollars the president received from the 2013 Miss Universe pageant in Moscow.
  • Indeed, his financial condition when he announced his run for president in 2015 lends some credence to the notion that his long-shot campaign was at least in part a gambit to reanimate the marketability of his name.
mariedhorne

Trump's Taxes Show Chronic Losses and Years of Income Tax Avoidance - The New York Times - 0 views

  • As the president wages a re-election campaign that polls say he is in danger of losing, his finances are under stress, beset by losses and hundreds of millions of dollars in debt coming due that he has personally guaranteed. Also hanging over him is a decade-long audit battle with the Internal Revenue Service over the legitimacy of a $72.9 million tax refund that he claimed, and received, after declaring huge losses. An adverse ruling could cost him more than $100 million.
  • The New York Times has obtained tax-return data extending over more than two decades for Mr. Trump and the hundreds of companies that make up his business organization, including detailed information from his first two years in office. It does not include his personal returns for 2018 or 2019. This article offers an overview of The Times’s findings; additional articles will be published in the coming weeks
  • . They report that Mr. Trump owns hundreds of millions of dollars in valuable assets, but they do not reveal his true wealth. Nor do they reveal any previously unreported connections to Russia.
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  • “Over the past decade, President Trump has paid tens of millions of dollars in personal taxes to the federal government, including paying millions in personal taxes since announcing his candidacy in 2015,” Mr. Garten said in a statement.
  • The Apprentice,” along with the licensing and endorsement deals that flowed from his expanding celebrity, brought Mr. Trump a total of $427.4 million, The Times’s analysis of the records found. He invested much of that in a collection of businesses, mostly golf courses, that in the years since have steadily devoured cash — much as the money he secretly received from his father financed a spree of quixotic overspending that led to his collapse in the early 1990s.
Javier E

Don't Buy the Mitt Romney Martyr Theory - The Atlantic - 0 views

  • Ever since Donald Trump won the Republican nomination for president in 2016, an industry of rationalization and justification has thrived. The theme is clear: Look what you made us do. The argument is simple: Democratic unfairness and media bias radicalized Republicans to such an extent that they turned to Trump in understandable outrage. Republicans had been bullied, so they turned to a bully of their own.
  • has been, in fact, a Mitt Romney radicalization process.
  • It isn’t rooted in Republican anger on behalf of Romney but in Republican anger against Romney, and over time that anger has grown to be not just against Romney the man but also against the values he represents.
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  • in hindsight, the real Romney radicalization is far more clear. You could see the seeds planted during the 2012 Republican primary. On January 19, two days before South Carolina primary voters cast their ballot, Newt Gingrich had a moment during the GOP primary debate.
  • Surely, heavily evangelical voters in a key Republican stronghold would be concerned about Gingrich’s scandals? No, they were far angrier at media outlets than they were at any Republican hypocrisy.
  • Gingrich went on to win the South Carolina primary in a “landslide” powered by evangelicals. It was the only time in primary history that South Carolina voters failed to vote for the eventual GOP nominee. But South Carolina voters weren’t out of step; rather they were ahead of their time. They forecast the Republican break with character in favor of a man who would “fight.”
  • To understand the emotional and psychological aftermath of Romney’s loss, one has to look at the cultural break between the GOP establishment—which commissioned an “autopsy” of the party in 2012 that called for greater efforts at inclusion—and a grassroots base that was convinced that it had been hoodwinked by party leaders into supporting the “safe” candidate.
  • And so the Republican establishment and the Republican base moved apart, with one side completely convinced that Romney lost because he was perhaps, if anything, too harsh (especially when it came to immigration) and the other convinced that he lost because he was too soft.
  • When Trump won, the base had its proof of concept. Fighting worked, and not even Trump’s loss—along with the loss of the House and the Senate in four short years—has truly disrupted that conclusion. And why would it? Many millions still don’t believe he lost.
  • The Mitt Romney martyr theory thus suffers from a fatal defect. It presumes that large numbers of Republicans weren’t radicalized before Romney’s rough treatment. In truth, they already hated Democrats and the media, and when Romney lost, their message to the Republican establishment in 2016 was just as clear as it was in South Carolina in 2012. No more nice guys. The “character” that mattered was a commitment to punching the left right in the mouth.
Javier E

This is what a 'multipolar' world looks like. It's chaos | The Spectator - 0 views

  • The Hamas terror attack has triggered war in Gaza, a geopolitical crisis and now – from Sydney to New York City – outbursts of street-level anti-Semitism in the West. Unless it de-escalates quickly, it looks like a strategic turning point both for Palestinian nationalism and Israel
  • though I am no expert on the region, I can throw some concreteness into the current battle of abstractions.
  • But the international community has a right to demand proportionality, restraint, respect for international law, and condemn breaches of it. President Biden last night was right to emphasise the need for lawfulness.
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  • Let’s start with the obvious: Israel has a right to defend itself, rescue the hostages, arrest and prosecute Hamas and engage in lawful armed combat with its enemy.
  • People claiming the Hamas attack is the ‘violence of the oppressed’ are deluded. Hamas rules Gaza like a mafia state: its operatives walk around neighbourhoods in twos, dressed in dark suits, prying into people’s business. They run the place on a mixture of terror, public service provision and the kudos of their fighters.
  • They are feared but there is widespread disrespect for them, especially among secular and nationalist sections of the population.
  • Paradoxically, the western ‘anti-imperialists’ trying to apologise for the terror attack, and the Israeli right calling for retribution against civilians, both need to identify Hamas with the Palestinian population of Gaza in order to justify violence. But there is no basis for doing so.
  • The fact that a violent action takes place in the context of a wider oppression does not make it either (a) just (b) lawful under international law or c) effective in pursuit of social justice.
  • In this case, Hamas’s act of terror looks set to achieve the opposite.
  • What does Hamas want?
  • Hamas has offered a truce and asked for negotiations, stating that it has ‘achieved its objective’. If so, it’s logical to conclude that the immediate objective was to demonstrate proof-of-concept of an unstoppable pogromist terror. Do as we ask or we do this again, might be a fair summary.
  • The wider aim, according to numerous experts, is to force Hamas and Iran back into the power-broking process in the Middle East region, paralysing Saudi-Israeli rapprochement.
  • The firm view of the Islamic Republic is that the governments that are gambling on normalizing relations with the Zionist regime will suffer losses. Defeat awaits them…Today, the situation of the Zionist regime is not a situation that encourages closeness to it. They [other governments] should not make this mistake. The usurper [Zionist] regime is coming to an end.
  • Hamas could only achieve the aim of ending Saudi-Israeli rapprochement with an attack designed to trigger massive retribution, risking a regional all-out war.
  • there’s a line in Khamenei’s 3 October speech that, in retrospect looks explanatory: Thus, [the Zionists] are filled with grudge. They are filled with anger! Of course, the Quran exclaims: “Say, “die of your rage!” (3:119). That’s right. Be angry, and die of your rage. And this will happen. They are dying. With God’s help, this matter of ‘die of your rage’ is happening now as regards the Zionist regime.
  • ‘Die of your rage’ might actually be a good summary of what Hamas intends Israel to now do.
  • Enraged by the barbarity of the attacks, Israel unleashes unprecedented collective punishment against Gaza, triggering both Hezbollah and West Bank militants to join in the fight; this in turn prompts a wave of anti-Semitic demonstrations in western cities, and draws the USA into a regional quagmire, testing the limits of American support for Israel
  • Meanwhile combat losses, and retribution over the complete failure of Netanyahu’s strategy of ‘managing’ the conflict, raise political divisions in Israeli society to the point where its democracy fails.
  • In a context where both Russia and China have complex hybrid destabilisation operations going on in western democracies, and where the Brics+ project is pursuing the active decomposition of the rules-based order, this objective does not look as mad as at first sight.
  • the ‘multipolar world’ turns out not to be one of peaceful coexistence, but characterised by extreme conflicts and genocide.
  • In pursuit of systemic competition Beijing and Moscow are scraping at every open wound in the body geopolitic
  • it’s what you get when you purposefully dismantle an international order based on treaties and explicit rules. And where elites in Russia, the USA, Brasil and parts of Europe are openly experimenting with ethno-nationalist politics.
  • Chaos, then, is a feature of multipolarity, not a bug.
  • Israel has signalled its military objective is to destroy Hamas. From my experience in Gaza I would say: that is possible.
  • But be in no doubt. It will need a sustained urban combat operation, a long-term military occupation, massive loss of civilian life, an existential refugee crisis in Sinai, and the diversion of US-supplied ammunition and resources from Ukraine.
  • Attempting it with a largely conscript/reservist army, full of recently mobilised and enraged soldiers? Again it’s worth remembering Khamenei’s exhortation to Israelis to ‘die of your rage’.
  • The very impossibility of all these outcomes shows why we need an internationally mediated peace, alongside a functional two-state solution, which allows the people of Gaza to live in peace, exercise democracy and travel across borders.
  • not only will liberal sympathy for Israel evaporate, but the Muslim minorities in some Western countries will be radicalised.
  • Typically, from my experience, combat in Gaza takes the following form. There is a street with children playing at one end; in the middle it is eerily deserted; at the other end is the IDF and above is an IDF drone. But there is no front line. The mujahedeen are in tunnels, popping up to take sniper shots or lay IEDs at night, and only committing ATGMs once a vehicle comes into view. The only front line is, for most of the time, between the IDF and Palestinian civilians.
  • Both sides risk miscalculating. Hamas does not care what happens to Palestinian civilians in Gaza, many of whom hate Hamas.
  • But there is a danger of miscalculation for Israel too. Netanyahu’s far-right government completely missed the threat, actively stoked tensions in the West Bank and Al Aqsa, and could easily now double down on a self-destructive course.
  • Ultimately, you cannot hold two million people in an open air prison without a gaoler to keep order. If Hamas can’t do it, the IDF will have to be a permanent occupation force, or it will have to install the PA, or the UN will have to send a stabilisation force.
  • Danger of miscalculation
  • The Brics+ ideology
  • The Gaza crisis is the latest example of how the Russian/Chinese ‘multipolar world’ project works in practice. It doesn’t matter whether there is a chain of command that goes Moscow→Tehran→Hamas. There is a chain of understanding – seize every opportunity to militarise all conflict; exploit every unexpected breakthrough; make all violence symbolic; weaponise the information space and push conflict into the heartlands of ‘imperialism’.
  • the Brics+ ideology. Its central tenets are that a multipolar world is better than the charter system; that universalism and international law are over; that the West no longer has the right to use the structures of international governance to normalise concepts like democracy or human rights; and that everything that disorganises the rules-based order is progressive, even when carried out by reactionary political forces.
  • Arab nationalism no longer looks like the dominant ideology on the demonstrations we’ve seen in Sydney, London and NYC. Alongside it there’s a mixture of Islamism plus the ‘decolonisation’ agenda of postmodernist academia.
  • For the past two years, during the Ukraine war, this incipient red-brown ideology has been mostly contained:
  • with this conflict there is now a danger that the masses turn up, and are corralled into this emergent fusion of far-left/far-right politics.
  • I’ve spent the period post-2016 trying to equip the democratic left to defeat this ideology. It’s not about being ‘anti-woke’, or apologising for colonialism: it means teaching people that a cocktail of anti-humanism, anti-universalism and anti-rationality is a route to excusing the totalitarian states in Russia and China, and – now – the genocidal actions of their proxies.
  • A case study of this is the statement issued by 31 Harvard student groups saying they ‘hold the Israeli regime entirely responsible for all the unfolding violence’ – just hours after the Hamas attack began.
  • the global left is rapidly splitting into irreconcilable camps – as Edward Thompson recognised it would, under the influence of post-structuralism in the 1970s.
  • The logical implication is that Palestinians have no agency whatsoever. That Hamas murders civilians because Israel has ‘structured’ Palestinian reality to make that inevitable. For people presumably wedded to ‘decolonising’ the curriculum, it is a shockingly colonialist premise.
  • The logic is that Israel is responsible for everything Hamas does because its violence has ‘structured every aspect of Palestinian existence’ since the Nakba.
  • There are many civilisations, and none is superior or inferior to another. They are equal since each civilisation represents a unique expression of its own culture, traditions, and the aspirations of its people.
  • In a way, what Putin preaches is an ‘intersectionality of the peoples’: identity politics raised from the level of the individual to the level of the ethnic group.
  • And it turns out anti-Enlightenment leftism makes it pretty easy to converge with that view. The common assumptions are disdain for universalism, scorn for international law and human rights, repudiation of the Enlightenment (and thus liberalism, social democracy, humanistic Marxism and anarchism) and worship of any totalitarian government that delivers economic development.
  • This is the modern incarnation of Stalinism, and – to the surprise of nobody who has studied actual Stalinism – it has no problem seeing fascists like Hamas as the ‘agent of progress’.
  • we need to understand how closely this hyper-deterministic and anti-universal world view maps onto the ideology presented, for example, by Putin at Valdai last week. For Putin there is no single human civilisation, only civilisations, which must be rooted in ethnicity establish their co-existence through the survival of the fittest:
  • One camp, he said, is a theology. The other a tradition of active reason. The first repudiates liberalism and universalism. The second recognises its debt to liberalism and wants to make universalism consistent
  • The first claims international law is a sham; the second knows that, though the institutions of the rules-based order are flawed, they are better than chaos.
  • that you can stand with the Israeli people under attack while simultaneously standing up for the Palestinian people’s right to self-determination.
  • Those flaunting their joy at the murder of Israeli civilians need to understand the licence this creates in the minds of rightwing ethno-nationalists in our own society. What Hamas did to the kids of Kfar Azar, the far right wants to do to you.
Javier E

The Climate Contradiction That Will Sink Us - The Atlantic - 0 views

  • But none of that is enough, practically speaking, because of one enormous hitch: The world is still using more energy each year, our consumption ticking ever upward, swallowing any gains made by renewable energy. Emissions are still rising—more slowly than they used to but, nonetheless, rising. Instead of getting pushed down, that needle is fitfully jiggling above zero, clawing into the positive digits when it needs to be deeply pitched into the negative. We are, in other words, simply not making a dent.
  • And so we are now in climate purgatory. In this zone, countries and companies are doing the right things to steer away from the damages of climate change, but are at the very same time making deliberate choices that swamp the effect of those other, better things.
  • governments in aggregate still plan to increase coal production until 2030, and oil and gas production until at least 2050, global net-zero agreements be damned. In total, countries that hold the world’s oil, gas, and coal deposits still plan to produce 69 percent more fossil fuels than is compatible with keeping warming under 2 degrees Celsius
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  • Whichever way you cut it, global warming is already happening too fast to generously support life, which our prior climate did quite well. As a feebly supportive climate devolves into an unsupportive one, it won’t matter who forecasted the timing right, only that we missed our chance at the good version of Earth.
  • The scientist James Hansen, famous for his early warnings about climate change, suggested in a paper released last week with a suite of high-level colleagues that warming is accelerating more rapidly than is presently understood: In their view, that the Earth could exceed 1.5 degrees of warming this decade is practically assured, and 2 degrees by 2050 is likely unless the world eliminates fossil-fuel use far faster than planned.
  • One expert who worked on the UN report called this “insanity,” a “climate disaster of our own making.” The climate math is not adding up.
  • the loss of much of West Antarctica’s ice sheet is now virtually inevitable. Even if future emissions are drastically curtailed, enough warming is probably locked in to wash the bulk of the sheet away. At best, she says, we are on the brink of its total loss becoming assured
  • by one estimate, the West Antarctic ice sheet contains enough water to raise sea level globally by just over five meters, or 17 feet. At the very least, Naughten told me, she thinks it would be wise to plan for two to three meters of sea-level rise, or six to ten feet, in the next couple of centuries
  • I shudder to think what would happen if everyone living within two meters of sea level would be displaced,” she added. That “everyone” is projected to include some 410 million by 2100.
  • Previous studies have warned of the ice sheet’s collapse if emissions were not drawn down; hers now suggests that we’ve passed the point of no return, that even significant emissions cuts would be too late for this particular ice sheet. (The East Antarctic ice sheet, she said, is far more stable—and good thing, because it contains enough frozen water for 10 times the amount of sea-level rise as its western counterpart.
  • France, Ireland, Kenya, Spain, and 12 other countries have called for a global accord to phase out fossil-fuel production. There is little doubt that this is necessary; adding more fossil fuels to the pipeline is quite obviously counterproductive to slowing, then stopping, climate change.
  • Yet in the U.S. alone, a country responsible for at least 20 percent of historical emissions, the current buildout of liquified-natural-gas infrastructure, intended to export the country’s plentiful gas, is the largest fossil-fuel expansion proposed in the world—and it’s happening under a president who recently passed the most impactful climate legislation the country has ever seen
  • China, which is responsible for about 12 percent of historical emissions according to Alex Wang, who studies Chinese environmental governance at UCLA, has one of the largest clean-power programs in the world. But the country is at the same time dramatically expanding its coal production.
  • the difference between the world we have and the one we could have is buried in two contrasting modeling reports by two of the world’s most important energy-information organizations.
  • Whereas the International Energy Agency projected that we’d hit peak fossil-fuel use in 2030, the U.S. Energy Information Administration came to a very different conclusion: It saw demand for fossil fuels rising through at least 2050
  • If a policy is set to expire, the U.S. EIA treats it as expiring. It doesn’t take into account policies that countries have talked about but have had yet to implement. The international agency’s analysis, in contrast, assumes countries will follow through with more climate-friendly policies and renew the ones they already have on the books. “Look how different things could be,” Bowman said. The difference is night and day, despair and hope.
  • Policy, and only policy, appears to make that difference. It represents the choices that our leaders make about when to finally change course.
  • “climate is a spectrum; it isn’t an on/off switch.” Whenever we do make a different set of decisions, ones that make the math properly compute, we will be saving what we have left, preventing some layer of livability from being irrecoverably sloughed off and swept away.
Javier E

March 2020: How the Fed Averted Economic Disaster - WSJ - 0 views

  • Over the week of March 16, markets experienced an enormous shock to what investors refer to as liquidity, a catchall term for the cost of quickly converting an asset into cash.
  • Mr. Powell bluntly directed his colleagues to move as fast as possible.
  • They devised unparalleled emergency-lending backstops to stem an incipient financial panic that threatened to exacerbate the unfolding economic and public-health emergencies.
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  • They were offering nearly unlimited cheap debt to keep the wheels of finance turning, and when that didn’t help, the Fed began purchasing massive quantities of government debt outright.
  • Investors dumped whatever they could, including ostensibly “risk-free” U.S. Treasury securities. As a global dash for dollars unfolded, Treasurys were no longer serving as the market’s traditional shock absorbers, amplifying extreme turmoil on Wall Street.
  • By week’s end, the Dow had plunged more than 10,000 points since mid-February as investors struggled to get their arms around what a halt to global commerce would mean for businesses that would soon have no revenue.
  • “It was sheer, unadulterated panic, of a magnitude that was far worse than in 2008 and 2009. Far worse,”
  • The idea of shutting down markets was especially discouraging: “It was a profoundly un-American thing to contemplate, to just shut everything down, and almost fatalistic—that we’re not going to get out of this.”
  • nearly two years later, most agree that the Fed’s actions helped to save the economy from going into a pandemic-induced tailspin.
  • “My thought was—I remember this very clearly—‘O.K. We have a four-or-five-day chance to really get our act together and get ahead of this. We’re gonna try to get ahead of this,’” Mr. Powell recalled later. “And we were going to do that by just announcing a ton of stuff on Monday morning.”
  • It worked. The Fed’s pledges to backstop an array of lending, announced on Monday, March 23, would unleash a torrent of private borrowing based on the mere promise of central bank action—together with a massive assist by Congress, which authorized hundreds of billions of dollars that would cover any losses.
  • If the hardest-hit companies like Carnival, with its fleet of 104 ships docked indefinitely, could raise money in capital markets, who couldn’t?
  • on April 9, where he shed an earlier reluctance to express an opinion about government spending policies, which are set by elected officials and not the Fed. He spoke in unusually moral terms. “All of us are affected,” he said. “But the burdens are falling most heavily on those least able to carry them…. They didn’t cause this. Their business isn’t closed because of anything they did wrong. This is what the great fiscal power of the United States is for—to protect these people as best we can from the hardships they are facing.”
  • They were extraordinary words from a Fed chair who during earlier, hot-button policy debates said the central bank needed to “stay in its lane” and avoid providing specific advice.
  • To avoid a widening rift between the market haves (who had been given access to Fed backstops) and the market have-nots (who had been left out because their debt was deemed too risky), Mr. Powell had supported a decision to extend the Fed’s lending to include companies that were being downgraded to “junk” status in the days after it agreed to backstop their bonds.
  • Most controversially, Mr. Powell recommended that the Fed purchase investment vehicles known as exchange-traded funds, or ETFs, that invest in junk debt. He and his colleagues feared that these “high-yield” bonds might buckle, creating a wave of bankruptcies that would cause long-term scarring in the economy.
  • Mr. Powell decided that it was better to err on the side of doing too much than not doing enough.
  • , Paul Singer, who runs the hedge-fund firm Elliott Management, warned that the Fed was sowing the seeds of a bigger crisis by absolving markets of any discipline. “Sadly, when people (including those who should know better) do something stupid and reckless and are not punished,” he wrote, “it is human nature that, far from thinking that they were lucky to have gotten away with something, they are encouraged to keep doing the stupid thing.”
  • The breathtaking speed with which the Fed moved and with which Wall Street rallied after the Fed’s announcements infuriated Dennis Kelleher, a former corporate lawyer and high-ranking Senate aide who runs Better Markets, an advocacy group lobbying for tighter financial regulations.
  • This is a ridiculous discussion no matter how heartfelt Powell is about ‘we can’t pick winners and losers’—to which my answer is, ‘So instead you just make them all winners?’”
  • “Literally, not only has no one in finance lost money, but they’ve all made more money than they could have dreamed,” said Mr. Kelleher. “It just can’t be the case that the only thing the Fed can do is open the fire hydrants wide for everybody
  • Mr. Powell later defended his decision to purchase ETFs that had invested in junk debt. “We wanted to find a surgical way to get in and support that market because it’s a huge market, and it’s a lot of people’s jobs… What were we supposed to do? Just let them die and lose all those jobs?” he said. “If that’s the biggest mistake we made, stipulating it as a mistake, I’m fine with that. It wasn’t time to be making finely crafted judgments,” Mr. Powell said. He hesitated for a moment before concluding. “Do I regret it? I don’t—not really.”
  • “We didn’t know there was a vaccine coming. The pandemic is just raging. And we don’t have a plan,” said Mr. Powell. “Nobody in the world has a plan. And in hindsight, the worry was, ‘What if we can’t really fully open the economy for a long time because the pandemic is just out there killing people?’”
  • Mr. Powell never saw this as a particularly likely outcome, “but it was around the edges of the conversation, and we were very eager to do everything we could to avoid that outcome,”
  • The Fed’s initial response in 2020 received mostly high marks—a notable contrast with the populist ire that greeted Wall Street bailouts following the 2008 financial crisis. North Carolina Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, gave Mr. Powell an “A-plus for 2020,” he said. “On a one-to-10 scale? It was an 11. He gets the highest, highest marks, and deserves them. The Fed as an institution deserves them.”
  • The pandemic was the most severe disruption of the U.S. economy since the Great Depression. Economists, financial-market professionals and historians are only beginning to wrestle with the implications of the aggressive response by fiscal and monetary policy makers.
  • Altogether, Congress approved nearly $5.9 trillion in spending in 2020 and 2021. Adjusted for inflation, that compares with approximately $1.8 trillion in 2008 and 2009.
  • By late 2021, it was clear that many private-sector forecasters and economists at the Fed had misjudged both the speed of the recovery and the ways in which the crisis had upset the economy’s equilibrium. Washington soon faced a different problem. Disoriented supply chains and strong demand—boosted by government stimulus—had produced inflation running above 7%.
  • because the pandemic shock was akin to a natural disaster, it allowed Mr. Powell and the Fed to sidestep concerns about moral hazard—that is, the possibility that their policies would encourage people to take greater risks knowing that they were protected against larger losses. If a future crisis is caused instead by greed or carelessness, the Fed would have to take such concerns more seriously.
  • The high inflation that followed in 2021 might have been worse if the U.S. had seen more widespread bankruptcies or permanent job losses in the early months of the pandemic.
  • an additional burst of stimulus spending in 2021, as vaccines hastened the reopening of the economy, raised the risk that monetary and fiscal policy together would flood the economy with money and further fuel inflation.
  • The surge in federal borrowing since 2020 creates other risks. It is manageable for now but could become very expensive if the Fed has to lift interest rates aggressively to cool the economy and reduce high inflation.
  • The Congressional Budget Office forecast in December 2020 that if rates rose by just 0.1 percentage point more than projected in each year of the decade, debt-service costs in 2030 would rise by $235 billion—more than the Pentagon had requested to spend in 2022 on the Navy.
  • its low-rate policies have coincided with—and critics say it has contributed to—a longer-running widening of wealth inequality.
  • In 2008, household wealth fell by $8 trillion. It rose by $13.5 trillion in 2020, and in the process, spotlighted the unequal distribution of wealth-building assets such as houses and stocks.
  • Without heavy spending from Washington, focused on the needs of the least well-off, these disparities might have attracted more negative scrutiny.
  • Finally, the Fed is a technocratic body that can move quickly because it operates under few political constraints. Turning to it as the first line of defense in this and future crises could compromise its institutional independence.
  • Step one, he said, was to get in the fight and try to win. Figuring out how to exit would be a better problem to have, because it would mean they had succeeded.
  • “We have a recovery that looks completely unlike other recoveries that we’ve had because we’ve put so much support behind the recovery,” Mr. Powell said last month. “Was it too much? I’m going to leave that to the historians.”
  • The final verdict on the 2020 crisis response may turn on whether Mr. Powell is able to bring inflation under control without a painful recession—either as sharp price increases from 2021 reverse on their own accord, as officials initially anticipated, or because the Fed cools down the economy by raising interest rates.
Javier E

One Side Effect of Ozempic? Less Drinking, Some Say - The New York Times - 0 views

  • As Ozempic gains more attention and more people use the diabetes drug off-label to lose weight, doctors say that many patients are reporting similar experiences: They start the medication and then stop wanting to drink alcohol.
  • It’s certainly something I’ve heard many of my patients say, usually in a positive way,”
  • Tina Zarpour, 46, who works at a museum in San Diego, used to have a glass of wine a few times a week while she cooked dinner. But after she started taking Wegovy — a weight loss drug containing semaglutide, which is the active ingredient in Ozempic — in 2021, she found herself “repelled” by alcohol, she said. She would try to have a drink but struggled to finish. “It was like, ugh, I don’t want to,” she said.
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  • He had expected his eating habits to change once he began taking the medication — he became less interested in fatty, sugary foods and found himself eating smaller meals — but he didn’t anticipate the aversion to alcohol.“That’s what surprised me,” he said. “It makes you want to do all the things doctors have told you your whole life.”
Javier E

They Promoted Body Positivity. Then They Lost Weight. - The New York Times - 0 views

  • On a recent episode of the Burnt Toast podcast covering the rise of fat influencers losing weight, Virginia Sole-Smith, a journalist who writes about diet culture and who has contributed to The Times, said that influencers who once promoted fat acceptance but now claim they feel healthier when they are thinner are “throwing everyone else under the bus.”
  • “You used the hashtags in order to grow your following in order to post your affiliate links, get your sponsor deals, all of that,” Ms. Sole-Smith said. “So now what you’re basically telling us is you co-opted all that rhetoric and you don’t believe it at all, and that is pretty gross.”
  • Her co-host Corinne Fay said she thought it was better for influencers to be upfront if they were using weight-loss drugs instead of vaguely claiming to be “pursuing health.”“They don’t want to call it a diet, so it’s called a health and fitness journey,” Ms. Sole-Smith said. “That’s pretty exasperating.”
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  • Ms. Davis acknowledged that with her weight loss came affirmation — more party invitations, more attention from men. “I so badly want to be like, ‘What you look like doesn’t matter,’” she said. “But it sure does change how people treat you.”
  • When she relapsed, Ms. Davis convinced herself she was just trying to eat healthier and be more active. Soon though, she said, she was subsisting on rice cakes and Red Bull
  • iven that she is still working on her own issues — and given that she’s no longer plus size — she doesn’t feel it’s her place to advocate body positivity online.“There was a time when I was in a body where I was experiencing fatphobia,” she said. “Now that I’m not in that body currently, I don’t think my voice is needed.”
  • When Ms. James first noticed that Ms. Davis had lost weight, she unfollowed her. “I just didn’t think that was good for me,” she said. But then she noticed her feeds were full of people posting their exercise and diet routines. Ms. Davis was just one of many women who were no longer proudly plus size. Ms. James re-followed her. And recently, she said, she started working out and shedding pounds herself.“I guess weight is just as much of a trend as anything else,” Ms. James said.
Javier E

Study Bolsters Link Between Routine Hits to Head and Long-Term Brain Disease - NYTimes.com - 0 views

  • The growing evidence of a link between head trauma and long-term, degenerative brain disease was amplified in an extensive study of athletes, military veterans and others who absorbed repeated hits to the head
  • Of the group of 85 people, 80 percent (68 men) — nearly all of whom played sports — showed evidence of chronic traumatic encephalopathy, or C.T.E., a degenerative and incurable disease whose symptoms can include memory loss, depression and dementia.
  • Among the group found to have C.T.E., 50 were football players, including 33 who played in the N.F.L. Among them were stars like Dave Duerson, Cookie Gilchrist and John Mackey. Many of the players were linemen and running backs, positions that tend to have more contact with opponents.
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  • Researchers expected the details in the study to dispel doubts about the likelihood that many years of head trauma can lead to C.T.E. The growing connections between head trauma and contact sports, though, have led some nervous parents and coaches to assume that any concussion could lead to long-term impairment. Some doctors say that oversimplifies matters. Rather, the total amount of head trauma, including smaller subconcussive hits, as well as how they were treated, must be considered
Javier E

A People Without a Story - NYTimes.com - 0 views

  • The Tigers were for so long the custodians of the Tamil people’s hope of self-realization. But theirs was a deeply flawed organization. Under the leadership of Velupillai Prabhakaran, the Tigers pioneered and perfected the use of the suicide bomber. This was not simply a mode of warfare, but almost a symbol, an expression of a self-annihilating spirit. And it was to self-annihilation that Mr. Prabhakaran committed the Tamils. He was a man who, like a modern-day Coriolanus, seemed to lack the imagination for peace. He took the Tamils on a journey of war without end, where no offer of compromise was ever enough, and where all forms of moderation were seen as betrayal.
  • This was an added layer of shame in the Tamil defeat. It was not just that they had lost the war. It was also that the grass-roots movement they originated, and for which they had paid taxes and sacrificed able-bodied men and women, had, in the end, been more vicious to them than to anyone else.
  • the loss the Tamils feel is really the loss of a story. They are now a people without a story, a traumatized people, devastated by decades of war and migration, whose dream of self-determination was hijacked by the nihilistic vision of their leader and turned to nightmare.
Javier E

My beef over Hillary Clinton's loss is with liberal feminists, young and old | Opinion ... - 0 views

  • Here’s my own beef. Liberal feminists, young and old, need to question the role they played in Hillary’s demise. The two weeks of media hyperventilation over grab-her-by the-pussygate, when the airwaves were saturated with aghast liberal women equating Trump’s gross comments with sexual assault, had the opposite effect on multiple women voters in the Heartland.
  • These are resilient women, often working two or three jobs, for whom boorish men are an occasional occupational hazard, not an existential threat. They rolled their eyes over Trump’s unmitigated coarseness
  • they wondered why his behaviour was any worse than Bill’s.
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  • The angry white working class men who voted in such strength for Trump do not live in an emotional vacuum. They are loved by white working class women – their wives, daughters, sisters and mothers, who participate in their remaindered pain. It is everywhere in the interviews. “My dad lost his business”, “My husband hasn’t been the same since his job at the factory went away”.
  • Trump’s reality show crassness was another blind spot with elite liberals covering the election and running Hillary’s campaign. At every moment when the Trump tribe streamed behind him on to the convention stage or the tarmac, America saw images of a Kardashian Camelot: a phalanx of GQ men and leggy, gorgeous women following the heavy set guy who had a private 757 plane and a gold tower with his name on it.
  • While commentators sniggered, millions saw the all-American success they dreamed of. They rooted for the guy who had it but was despised by the elites for having it
Cecilia Ergueta

No Swan So Fine Poem by Marianne Moore - Poem Hunter - 0 views

  •  
    Fascinating poem illustrating the loss of King Louis XVI and France's social order
redavistinnell

Republicans have a massive electoral map problem that has nothing to do with Donald Tru... - 0 views

  • x Republicans have a massive electoral map problem that has nothing to do with Donald Trump
  • Politico reported today on a Florida poll conducted for a business group in the state that shows Hillary Clinton beating Donald Trump by 13 points and Ted Cruz by nine.
  • Here's what that map would look like:
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  • If Clinton wins the 19 states (and D.C.) that every Democratic nominee has won from 1992 to 2012, she has 242 electoral votes. Add Florida's 29 and you get 271. Game over.
  • There are 13 states that have gone for the GOP presidential nominee in each of the last six elections. But they only total 102 electorate votes
  • Many Republicans — particularly in Washington — are already preparing to blame a loss this fall, which many of them view as inevitable, on the divisiveness of Trump. That's not entirely fair to Trump, though.
  • Instead they are, largely, demographic problems centered on the GOP's inability to win any large swath of nonwhite voters. New Mexico, a state in which almost half the population is Latino, is the ur-example here.
  • What has become increasingly clear is that any state with a large or growing nonwhite population has become more and more difficult for Republicans to win. Virginia and North Carolina, long Republican strongholds, have moved closer and closer to Democrats of late.
  • At the same time as these states have grown friendlier to Democrats, there are very few states that are growing increasingly Republican. Wisconsin and Minnesota are two, but neither is moving rapidly in Republicans' favor just yet.
  • Yes, Trump as the nominee is more problematic than Ryan as the nominee, but the idea that Ryan would start the general election with a coin-flip chance of being elected president is just wrong.
  • The Republican map problem goes deeper than Trump — or any one candidate. Blaming Trump for a loss this November not only misses the point but could ensure that Republicans are doomed to repeat history in 2020.
Javier E

Hotter than Paul Ryan: Candidates Ignore an Arctic Disaster : The New Yorker - 1 views

  • the National Snow and Ice Data Center, in Boulder, Colorado, announced that the Arctic sea ice had reached a new low. The sea ice shrinks in the summer and grows again during winter’s long polar night. It usually reaches its minimum extent in mid-September. On September 16, 2012, the N.S.I.D.C. reported, the sea ice covered 1.3 million square miles. This was just half of its average extent during the nineteen-eighties and nineties, and nearly twenty per cent less than its extent in 2007, the previous record-low year.
  • It would be difficult to overstate the significance of this development. We are now seeing changes occur in a matter of years that, in the normal geological scheme of things, should take thousands, even millions of times longer than that. On the basis of the 2012 melt season, one of the world’s leading experts on the Arctic ice cap, Peter Wadhams, of Cambridge University, has predicted that the Arctic Ocean will be entirely ice-free in summer by 2016. Since open water absorbs sunlight, while ice tends to reflect it, this will accelerate global warming. Meanwhile, recent research suggests that the melting of the Arctic ice cap will have, and indeed is probably already having, a profound effect on the U.S. and Europe, making extreme weather events much more likely. As Jennifer Francis, a scientist at Rutgers, observed recently in a conference call with reporters, the loss of sea ice changes the dynamics of the entire system: “It’s like having a new energy source for the atmosphere.”
  • Representative Paul Ryan’s fitness routine—he’s a big fan of what’s known as the P90X workout plan—has received three times as much television coverage as the ice loss
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  • You might have thought that with the Arctic melting, the U.S. in the midst of what will almost certainly be the warmest year on record, and more than sixty per cent of the lower forty-eight states experiencing “moderate to exceptional” drought, at least one of the candidates would feel compelled to speak out about the issue. If that’s the case, though, you probably live in a different country.
  • “President Obama promised to begin to slow the rise of the oceans,” Romney declared in his convention speech in Tampa, pausing here to give the audience time to chuckle, “and to heal the planet. My promise is to help you and your family.
  • Obama at least got exercised enough to point out, in his convention speech, that “climate change is not a hoax.”
  • But that was as far as he was willing to go: no more grandiose claims about actually taking action.
Javier E

Britain entering first world war was 'biggest error in modern history' | World news | T... - 0 views

  • google_ad_client = 'ca-guardian_js'; google_ad_channel = 'worldnews'; google_max_num_ads = '3'; // Comments Click here to join the discussion. We can't load the discussion on theguardian.com because you don't have JavaScript enabled. if (!!window.postMessage) { jQuery.getScript('http://discussion.theguardian.com/embed.js') } else { jQuery('#d2-root').removeClass('hd').html( '' + 'Comments' + 'Click here to join the discussion.We can\'t load the ' + 'discussion on theguardian.com ' + 'because your web browser does not support all the features that we ' + 'need. If you cannot upgrade your browser to a newer version, you can ' + 'access the discussion ' + 'here.' ); } comp
  • Britain could have lived with a German victory in the first world war, and should have stayed out of the conflict in 1914, according to the historian Niall Ferguson, who described the intervention as "the biggest error in modern history".
  • Britain could indeed have lived with a German victory. What's more, it would have been in Britain's interests to stay out in 1914,
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  • "Even if Germany had defeated France and Russia, it would have had a pretty massive challenge on its hands trying to run the new German-dominated Europe and would have remained significantly weaker than the British empire in naval and financial terms. Given the resources that Britain had available in 1914, a better strategy would have been to wait and deal with the German challenge later when Britain could respond on its own terms, taking advantage of its much greater naval and financial capability."
  • "Creating an army more or less from scratch and then sending it into combat against the Germans was a recipe for disastrous losses. And if one asks whether this was the best way for Britain to deal with the challenge posed by imperial Germany, my answer is no.
  • He continued: "The cost, let me emphasise, of the first world war to Britain was catastrophic, and it left the British empire at the end of it all in a much weakened state … It had accumulated a vast debt, the cost of which really limited Britain's military capability throughout the interwar period. Then there was the manpower loss – not just all those aristocratic officers, but the many, many, many skilled workers who died or were permanently incapacitated in the war.
  • He concedes that if Britain had stood back in 1914, it would have reneged on commitments to uphold Belgian neutrality. "But guess what? Realism in foreign policy has a long and distinguished tradition, not least in Britain – otherwise the French would never complain about 'perfidious Albion'. For Britain it would ultimately have been far better to have thought in terms of the national interest rather than in terms of a dated treaty."
Javier E

The Dark Power of Fraternities - The Atlantic - 0 views

  • College fraternities—by which term of art I refer to the formerly all-white, now nominally integrated men’s “general” or “social” fraternities, and not the several other types of fraternities on American campuses (religious, ethnic, academic)—are as old, almost, as the republic.
  • While the system has produced its share of poets, aesthetes, and Henry James scholars, it is far more famous for its success in the powerhouse fraternity fields of business, law, and politics. An astonishing number of CEOs of Fortune 500 companies, congressmen and male senators, and American presidents have belonged to fraternities
  • They also have a long, dark history of violence against their own members and visitors to their houses, which makes them in many respects at odds with the core mission of college itself.
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  • A recent series of articles on fraternities by Bloomberg News’s David Glovin and John Hechinger notes that since 2005, more than 60 people—the majority of them students—have died in incidents linked to fraternities, a sobering number in itself, but one that is dwarfed by the numbers of serious injuries, assaults, and sexual crimes that regularly take place in these houses.
  • I have spent most of the past year looking deeply into the questions posed by these lawsuits, and more generally into the particular nature of fraternity life on the modern American campus
  • to answer the vexing question “why don’t colleges just get rid of their bad fraternities?”—the system, and its individual frats, have only grown in power and influence. Indeed, in many substantive ways, fraternities are now mightier than the colleges and universities that host them.
  • The entire multibillion-dollar, 2,000-campus American college system
  • the Kappa Alpha Society. Word of the group spread, and a new kind of college institution was founded, and with it a brand-new notion: that going to college could include some pleasure. It was the American age of societies, and this new type fit right in.
  • every moment of the experience is sweetened by the general understanding that with each kegger and rager, each lazy afternoon spent snoozing on the quad (a forgotten highlighter slowly drying out on the open pages of Introduction to Economics, a Coke Zero sweating beside it), they are actively engaged in the most significant act of self-improvement available to an American young person: college!
  • There are many thousands of American undergraduates whose economic futures (and those of their parents) would be far brighter if they knocked off some of their general-education requirements online, or at the local community college—for pennies on the dollar—before entering the Weimar Republic of traditional-college pricing. But college education, like weddings and funerals, tends to prompt irrational financial decision making,
  • depends overwhelmingly for its very existence on one resource: an ever-renewing supply of fee-paying undergraduates. It could never attract hundreds of thousands of them each year—many of them woefully unprepared for the experience, a staggering number (some 40 percent) destined never to get a degree, more than 60 percent of them saddled with student loans that they very well may carry with them to their deathbeds—if the experience were not accurately marketed as a blast.
  • When colleges tried to shut them down, fraternities asserted that any threat to men’s membership in the clubs constituted an infringement of their right to freedom of association. It was, at best, a legally delicate argument, but it was a symbolically potent one, and it has withstood through the years. The powerful and well-funded political-action committee that represents fraternities in Washington has fought successfully to ensure that freedom-of-association language is included in all higher-education reauthorization legislation, thus “disallowing public Universities the ability to ban fraternities.”
  • While the fraternities continued to exert their independence from the colleges with which they were affiliated, these same colleges started to develop an increasingly bedeviling kind of interdependence with the accursed societies
  • the fraternities involved themselves very deeply in the business of student housing, which provided tremendous financial savings to their host institutions, and allowed them to expand the number of students they could admit. Today, one in eight American students at four-year colleges lives in a Greek house
  • fraternities tie alumni to their colleges in a powerful and lucrative way. At least one study has affirmed what had long been assumed: that fraternity men tend to be generous to their alma maters. Furthermore, fraternities provide colleges with unlimited social programming of a kind that is highly attractive to legions of potential students
  • It is true that fraternity lawsuits tend to involve at least one, and often more, of the four horsemen of the student-life apocalypse, a set of factors that exist far beyond frat row
  • the binge-drinking epidemic, which anyone outside the problem has a hard time grasping as serious (everyone drinks in college!) and which anyone with knowledge of the current situation understands as a lurid and complicated disaster
  • The second is the issue of sexual assault of female undergraduates by their male peers, a subject of urgent importance but one that remains stubbornly difficult even to quantify
  • The third is the growing pervasiveness of violent hazing on campus
  • But it’s impossible to examine particular types of campus calamity and not find that a large number of them cluster at fraternity houses
  • the fourth is the fact that Boomers, who in their own days destroyed the doctrine of in loco parentis so that they could party in blissful, unsupervised freedom, have grown up into the helicopter parents of today
  • during the period of time under consideration, serious falls from fraternity houses on the two Palouse campuses far outnumbered those from other types of student residences, including privately owned apartments occupied by students. I began to view Amanda Andaverde’s situation in a new light.
  • Why are so many colleges allowing students to live and party in such unsafe locations? And why do the lawsuits against fraternities for this kind of serious injury and death—so predictable and so preventable—have such a hard time getting traction? The answers lie in the recent history of fraternities and the colleges and universities that host them.
  • This question is perhaps most elegantly expressed in the subtitle of Robert D. Bickel and Peter F. Lake’s authoritative 1999 book on the subject, The Rights and Responsibilities of the Modern University: Who Assumes the Risks of College Life?
  • The answer to this question has been steadily evolving ever since the 1960s, when dramatic changes took place on American campuses, changes that affected both a university’s ability to control student behavior and the status of fraternities in the undergraduate firmament. During this period of student unrest, the fraternities—long the unquestioned leaders in the area of sabotaging or ignoring the patriarchal control of school administrators—became the exact opposite: representatives of the very status quo the new activists sought to overthrow. Suddenly their beer bashes and sorority mixers, their panty raids and obsession with the big game, seemed impossibly reactionary when compared with the mind-altering drugs being sampled in off-campus apartments where sexual liberation was being born and the Little Red Book proved, if nothing else, a fantastic coaster for a leaky bong.
  • American colleges began to regard their students not as dependents whose private lives they must shape and monitor, but as adult consumers whose contract was solely for an education, not an upbringing. The doctrine of in loco parentis was abolished at school after school.
  • Through it all, fraternities—for so long the repositories of the most outrageous behavior—moldered, all but forgotten.
  • Animal House, released in 1978, at once predicted and to no small extent occasioned the roaring return of fraternity life that began in the early ’80s and that gave birth to today’s vital Greek scene
  • In this newly forming culture, the drugs and personal liberation of the ’60s would be paired with the self-serving materialism of the ’80s, all of which made partying for its own sake—and not as a philosophical adjunct to solving some complicated problem in Southeast Asia—a righteous activity for the pampered young collegian. Fraternity life was reborn with a vengeance.
  • These new members and their countless guests brought with them hard drugs, new and ever-developing sexual attitudes, and a stunningly high tolerance for squalor
  • Adult supervision was nowhere to be found. Colleges had little authority to intervene in what took place in the personal lives of its students visiting private property. Fraternities, eager to provide their members with the independence that is at the heart of the system—and responsive to members’ wish for the same level of freedom that non-Greek students enjoyed—had largely gotten rid of the live-in resident advisers who had once provided some sort of check on the brothers
  • , in 1984 Congress passed the National Minimum Drinking Age Act, with the ultimate result of raising the legal drinking age to 21 in all 50 states. This change moved college partying away from bars and college-sponsored events and toward private houses—an ideal situation for fraternities
  • lawsuits began to pour in.
  • Liability insurance became both ruinously expensive and increasingly difficult to obtain. The insurance industry ranked American fraternities as the sixth-worst insurance risk in the country—just ahead of toxic-waste-removal companies.
  • For fraternities to survive, they needed to do four separate but related things: take the task of acquiring insurance out of the hands of the local chapters and place it in the hands of the vast national organizations; develop procedures and policies that would transfer as much of their liability as possible to outside parties; find new and creative means of protecting their massive assets from juries; and—perhaps most important of all—find a way of indemnifying the national and local organizations from the dangerous and illegal behavior of some of their undergraduate members.
  • comprising a set of realities you should absolutely understand in detail if your son ever decides to join a fraternity.
  • you may think you belong to Tau Kappa Epsilon or Sigma Nu or Delta Tau Delta—but if you find yourself a part of life-changing litigation involving one of those outfits, what you really belong to is FIPG, because its risk-management policy (and your adherence to or violation of it) will determine your fate far more than the vows you made during your initiation ritual
  • the need to manage or transfer risk presented by alcohol is perhaps the most important factor in protecting the system’s longevity. Any plaintiff’s attorney worth his salt knows how to use relevant social-host and dramshop laws against a fraternity; to avoid this kind of liability, the fraternity needs to establish that the young men being charged were not acting within the scope of their status as fraternity members. Once they violated their frat’s alcohol policy, they parted company with the frat.
  • there are actually only two FIPG-approved means of serving drinks at a frat party. The first is to hire a third-party vendor who will sell drinks and to whom some liability—most significant, that of checking whether drinkers are of legal age—will be transferred. The second and far more common is to have a BYO event, in which the liability for each bottle of alcohol resides solely in the person who brought it.
  • these policies make it possible for fraternities to be the one industry in the country in which every aspect of serving alcohol can be monitored and managed by people who are legally too young to drink it.
  • But when the inevitable catastrophes do happen, that policy can come to seem more like a cynical hoax than a real-world solution to a serious problem.
  • Thanks in part to the guest/witness list, Larry can be cut loose, both from the expensive insurance he was required to help pay for (by dint of his dues) as a precondition of membership, and from any legal defense paid for by the organization. What will happen to Larry now?
  • “I’ve recovered millions and millions of dollars from homeowners’ policies,” a top fraternal plaintiff’s attorney told me. For that is how many of the claims against boys who violate the strict policies are paid: from their parents’ homeowners’ insurance
  • , the Fraternal Information and Programming Group’s chillingly comprehensive crisis-management plan was included in its manual for many years
  • the plan serves a dual purpose, at once benevolent and mercenary. The benevolent part is accomplished by the clear directive that injured parties are to receive immediate medical attention, and that all fraternity brothers who come into contact with the relevant emergency workers are to be completely forthright
  • “Until proven otherwise,” Fierberg told me in April of fraternities, “they all are very risky organizations for young people to be involved in.” He maintains that fraternities “are part of an industry that has tremendous risk and a tremendous history of rape, serious injury, and death, and the vast majority share common risk-management policies that are fundamentally flawed. Most of them are awash in alcohol. And most if not all of them are bereft of any meaningful adult supervision.”
  • the interests of the national organization and the individual members cleave sharply as this crisis-management plan is followed. Those questionnaires and honest accounts—submitted gratefully to the grown-ups who have arrived, the brothers believe, to help them—may return to haunt many of the brothers, providing possible cause for separating them from the fraternity, dropping them from the fraternity’s insurance, laying the blame on them as individuals and not on the fraternity as the sponsoring organization.
  • So here is the essential question: In the matter of these disasters, are fraternities acting in an ethical manner, requiring good behavior from their members and punishing them soundly for bad or even horrific decisions? Or are they keeping a cool distance from the mayhem, knowing full well that misbehavior occurs with regularity (“most events take place at night”) and doing nothing about it until the inevitable tragedy occurs, at which point they cajole members into incriminating themselves via a crisis-management plan presented as being in their favor?
  • I have had long and wide-ranging conversations with both men, in which each put forth his perspective on the situation.
  • the young men who typically rush so gratefully into the open arms of the representatives from their beloved national—an outfit to which they have pledged eternal allegiance—would be far better served by not talking to them at all, by walking away from the chapter house as quickly as possible and calling a lawyer.
  • The fraternity system, he argues, is “the largest industry in this country directly involved in the provision of alcohol to underage people.” The crisis-management plans reveal that in “the foreseeable future” there may be “the death or serious injury” of a healthy young person at a fraternity function.
  • His belief is that what’s tarnishing the reputation of the fraternities is the bad behavior of a very few members, who ignore all the risk-management training that is requisite for membership, who flout policies that could not be any more clear, and who are shocked when the response from the home office is not to help them cover their asses but to ensure that—perhaps for the first time in their lives—they are held 100 percent accountable for their actions.
  • The fraternity system, he argues, is “the largest industry in this country directly involved in the provision of alcohol to underage people.” The crisis-management plans reveal that in “the foreseeable future” there may be “the death or serious injury” of a healthy young person at a fraternity function.
  • His belief is that what’s tarnishing the reputation of the fraternities is the bad behavior of a very few members, who ignore all the risk-management training that is requisite for membership, who flout policies that could not be any more clear, and who are shocked when the response from the home office is not to help them cover their asses but to ensure that—perhaps for the first time in their lives—they are held 100 percent accountable for their actions.
  • Unspoken but inherent in this larger philosophy is the idea that it is in a young man’s nature to court danger and to behave in a foolhardy manner; the fraternity experience is intended to help tame the baser passions, to channel protean energies into productive endeavors such as service, sport, and career preparation.
  • In a sense, Fierberg, Smithhisler, and the powerful forces they each represent operate as a check and balance on the system. Personal-injury lawsuits bring the hated media attention and potential financial losses that motivate fraternities to improve. It would be a neat, almost a perfect, system, if the people wandering into it were not young, healthy college students with everything to lose.
  • In a sense, Fierberg, Smithhisler, and the powerful forces they each represent operate as a check and balance on the system. Personal-injury lawsuits bring the hated media attention and potential financial losses that motivate fraternities to improve. It would be a neat, almost a perfect, system, if the people wandering into it were not young, healthy college students with everything to lose.
  • Wesleyan is one of those places that has by now become so hard to get into that the mere fact of attendance is testament, in most cases, to a level of high-school preparation—combined with sheer academic ability—that exists among students at only a handful of top colleges in this country and that is almost without historical precedent.
  • Wesleyan is one of those places that has by now become so hard to get into that the mere fact of attendance is testament, in most cases, to a level of high-school preparation—combined with sheer academic ability—that exists among students at only a handful of top colleges in this country and that is almost without historical precedent.
  • This January, after publishing a withering series of reports on fraternity malfeasance, the editors of Bloomberg.com published an editorial with a surprising headline: “Abolish Fraternities.” It compared colleges and universities to companies, and fraternities to units that “don’t fit into their business model, fail to yield an adequate return or cause reputational harm.”
  • A college or university can choose, as Wesleyan did, to end its formal relationship with a troublesome fraternity, but—if that fiasco proves anything—keeping a fraternity at arm’s length can be more devastating to a university and its students than keeping it in the fold.
  • A college or university can choose, as Wesleyan did, to end its formal relationship with a troublesome fraternity, but—if that fiasco proves anything—keeping a fraternity at arm’s length can be more devastating to a university and its students than keeping it in the fold.
  • there is a Grand Canyon–size chasm between the official risk-management policies of the fraternities and the way life is actually lived in countless dangerous chapters.
  • When there is a common denominator among hundreds of such injuries and deaths, one that exists across all kinds of campuses, from private to public, prestigious to obscure, then it is more than newsworthy: it begins to approach a national scandal.
  • When there is a common denominator among hundreds of such injuries and deaths, one that exists across all kinds of campuses, from private to public, prestigious to obscure, then it is more than newsworthy: it begins to approach a national scandal.
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