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mattrenz16

Opinion: Naomi Osaka's courageous choice - CNN - 0 views

  • Twenty-three-year-old tennis player and four-time Grand Slam singles champion Naomi Osaka stunned the tennis community this week by dropping out of the in-progress French Open, one of the year's major tournaments, announcing on social media that she will "take some time away from the court."
  • That is why forcing her to choose between her mental health and a few media sound bites was entirely unnecessary. We don't need to hear from her to appreciate her skill on the court. We do not need to drive her out of her career in order to punish her for failing to perform.
  • In attempting to force her hand, they essentially forced her out. Enter email to sign up for the CNN Opinion newsletter. "close dialog"Get CNN Opinion's newsletter for the latest thoughts and analysis on today's news.Please enter aboveSign me upBy subscribing you agree to ourprivacy policy.Thanks for Subscribing!Continue ReadingBy subscribing you agree to ourprivacy policy."close dialog"/* effects for .bx-campaign-1376914 *//* custom css .bx-campaign-1376914 *//* custom css from creative 52220 */.bxc.bx-custom.bx-campaign-1376914 .bx-row-image-logo img { height: 42px;}@media screen and (max-width:736px) { .bxc.bx-custom.bx-campaign-1376914 .bx-row-image-logo img { height: 35px;}}/*Validation border*/.bxc.bx-custom.bx-campaign-1376914 .bx-row-validation .bx-input { border-color: #B50000; /*Specify border color*/ border-width: 1px; box-shadow: none; background-color: transparent; color: #B50000; /*Specify text color*/}/* rendered styles .bx-campaign-1376914 */.bxc.bx-campaign-1376914.bx-active-step-1 .bx-creative:before {min-height: 220px;}.bxc.bx-campaign-1376914.bx-active-step-1 .bx-creative {border-color: #c1c1c1;border-style: solid;background-size: contain;background-color: white;border-width: 1px 0;border-radius: 0;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914.bx-active-step-1 .bx-creative:before {min-height: 200px;}}.bxc.bx-campaign-1376914.bx-active-step-1 .bx-creative> *:first-child {width: 780px;vertical-align: middle;padding: 10px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914.bx-active-step-1 .bx-creative> *:first-child {width: 340px;padding: 20px;}}.bxc.bx-campaign-1376914.bx-active-step-1 .bx-close {stroke: rgb(193, 193, 193);stroke-width: 2px;width: 24px;height: 24px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914.bx-active-step-1 .bx-close {width: 30px;height: 30px;padding: 0 0 10px 10px;}}.bxc.bx-campaign-1376914 .bx-group-1376914-y4M7jyO {width: 660px;text-align: left;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914 .bx-group-1376914-y4M7jyO {text-align: center;width: 315px;}}.bxc.bx-campaign-1376914 .bx-element-1376914-tVcUlRZ {padding: 0;width: auto;}.bxc.bx-campaign-1376914 .bx-element-1376914-tVcUlRZ> *:first-child {background-color: transparent;background-size: contain;}.bxc.bx-campaign-1376914 .bx-group-1376914-BpRQ7DR {width: 660px;text-align: left;padding: 25px 0 15px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914 .bx-group-1376914-BpRQ7DR {width: 310px;padding: 15px 0 15px;text-align: center;}}.bxc.bx-campaign-1376914 .bx-element-1376914-oUX5Jvf {width: 100%;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914 .bx-element-1376914-oUX5Jvf {width: auto;}}.bxc.bx-campaign-1376914 .bx-element-1376914-oUX5Jvf> *:first-child {font-family: CNN Business,CNN,Helvetica Neue,Helvetica,Arial,Utkal,sans-serif;font-weight: 400;font-size: 24px;line-height: 1.1em;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376914 .bx-element-1376914-oUX5Jvf> *:first-child {font-size: 16px;padding: 6px 0 0;line-height: 1.2;}}.bxc.bx-campaign-1376914 .bx-group-1376914-PZ8dLrW {width: 660px;padding: 0;min-width: 550px;text-align: left;}@media all and (max-width: 736px) {.bxc.bx-campa
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  • But Open organizers didn't stop there, issuing a news release threatening to expel her from the tournament if she kept it up.
  • And so, she quit. Read More
  • Her decision was surprising, but not entirely out of the blue. Earlier, Osaka had announced that she would be opting out of the tournament's "mandatory" media interviews, citing mental health concerns, including a history of depression.
  • Osaka first came into the spotlight at the 2018 US Open when her historic win against Serena Williams received boos from a crowd convinced that Williams was unfairly targeted by the umpire. What should have been an extraordinarily joyous occasion, her first major victory and the event that catapulted her into public recognition, was instead one that made her cry, both immediately following the match and when she went to collect her trophy. ESPN declared that "Naomi Osaka was denied her magic moment."
  • Simply put, it's because the world has unrealistic expectations of celebrities and athletes. We believe the public nature of their fame entitles us access to their private lives. In several recent interviews, such as one with podcaster Dax Shepard, Prince Harry has talked openly of his own mental health struggles and of the pressures he and his wife, Meghan Markle, have felt as objects of media fascination, pressures so severe that Markle thought of suicide.
  • Many of her fellow athletes agreed with her decision. Steph Curry tweeted, "you shouldn't ever have to make a decision like this -- but so damn impressive taking the high road when the powers that be don't protect their own. major respect @naomiosaka." Martina Navratilova tweeted her support of Osaka, noting that "as athletes we are taught to take care of our body, and perhaps the mental & emotional aspect gets short shrift. This is about more than doing or not doing a press conference." Serena Williams offered her support, too.
  • Some tennis players, of course -- including Rafael Nadal and Sofia Kenin -- have come out to say that speaking to reporters is part of the job. But just because something has been part of the job needn't mean it should be, or that it should be for everyone. Osaka didn't just decide she didn't feel like giving interviews. She was forced to make a choice, and she chose herself. That takes courage, courage that is a shame she had to muster at all. Because in the end, the tennis world has lost a great, at least for now -- a point that deserves much more attention.
aidenborst

Opinion: Michael Flynn is playing with fire - CNN - 0 views

  • It's hard to get a grip on what's happened to one-time war hero, retired lieutenant general Michael Flynn.
  • Flynn, a former national security adviser to President Donald Trump, shockingly appeared to support a military coup in the United States during a Sunday keynote address to a Dallas conference organized by supporters of QAnon conspiracy theories.
  • An audience member at the Dallas event asked Flynn: "I want to know why what happened in Minamar (sic) can't happen here?" The audience raucously cheered this question. Flynn replied, "No reason. I mean, it should happen here. No reason. That's right." Again, the audience cheered heartily. Enter email to sign up for the CNN Opinion newsletter. "close dialog"Healing a divided country starts with listening. Sign up for refreshing takes from every perspective. Please enter aboveSign me upBy subscribing you agree to ourprivacy policy.Thanks for Subscribing!Continue ReadingBy subscribing you agree to ourprivacy policy."close dialog"/* effects for .bx-campaign-1376913 *//* custom css .bx-campaign-1376913 *//* custom css from creative 52220 */.bxc.bx-custom.bx-campaign-1376913 .bx-row-image-logo img { height: 42px;}@media screen and (max-width:736px) { .bxc.bx-custom.bx-campaign-1376913 .bx-row-image-logo img { height: 35px;}}/*Validation border*/.bxc.bx-custom.bx-campaign-1376913 .bx-row-validation .bx-input { border-color: #B50000; /*Specify border color*/ border-width: 1px; box-shadow: none; background-color: transparent; color: #B50000; /*Specify text color*/}/* rendered styles .bx-campaign-1376913 */.bxc.bx-campaign-1376913.bx-active-step-1 .bx-creative:before {min-height: 220px;}.bxc.bx-campaign-1376913.bx-active-step-1 .bx-creative {border-color: #c1c1c1;border-style: solid;background-size: contain;background-color: white;border-width: 1px 0;border-radius: 0;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376913.bx-active-step-1 .bx-creative:before {min-height: 200px;}}.bxc.bx-campaign-1376913.bx-active-step-1 .bx-creative> *:first-child {width: 780px;vertical-align: middle;padding: 10px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376913.bx-active-step-1 .bx-creative> *:first-child {width: 340px;padding: 20px;}}.bxc.bx-campaign-1376913.bx-active-step-1 .bx-close {stroke: rgb(193, 193, 193);stroke-width: 2px;width: 24px;height: 24px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376913.bx-active-step-1 .bx-close {width: 30px;height: 30px;padding: 0 0 10px 10px;}}.bxc.bx-campaign-1376913 .bx-group-1376913-y4M7jyO {width: 660px;text-align: left;}@media all and (max-width: 736px) {.bxc.bx-campaign-1376913 .bx-group-1376913-y4M7jyO {text-align: center;width: 315px;}}.bxc.bx-campaign-1376913 .bx-element-1376913-tVcUlRZ {padding: 0;width: au
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  • On Monday, Flynn seemed to be trying to dial back, saying on social media that he doesn't support a military coup. Yet Flynn's comments in Dallas Sunday were made on video, which can be seen here by anyone who wants to judge Flynn's response for themselves.
  • Flynn's recent musings about coups, martial law and overturning legitimate presidential elections are all a very long way from the period after 9/11, when he served in the elite Joint Special Operations Command as a highly regarded intelligence officer in Afghanistan and Iraq.
  • Flynn was so well thought of that he was eventually promoted to lieutenant general and to run the Defense Intelligence Agency (DIA), but Flynn's overseers in the Obama administration thought he was an ineffective manager of DIA, a large agency with 17,000 employees, and in 2014 he was pushed out of his post.
  • After Trump won the presidency in 2016, he appointed Flynn his national security adviser, a post in which he served for the record briefest amount of time; only 24 days.
  • Flynn was fired for lying to Vice President Mike Pence about the content of conversations he had had with the Russian ambassador to the United States during the presidential transition. Flynn later pleaded guilty to lying to the FBI about the same issue.
  • Trump pardoned Flynn, but the eradication of his conviction doesn't seem to have impacted Flynn's continuing lack of good judgment: Calling for the overturning of a legitimate presidential election; floating the imposition of martial law and appearing to approve of a coup in the United States.
saberal

Opinion | America Is Brutal to Parents. Biden Is Trying to Change That. - The New York Times - 0 views

  • When Patty Murray joined the Senate in 1993, one of the first bills she worked on was the Family and Medical Leave Act, which guaranteed 12 weeks of unpaid Family leave for people who worked at companies with 50 or more employees.
  • It was pretty modest, especially compared to the family benefits available in most developed countries, but Murray said passing it was a hard fight. In a floor speech at the time, she described a friend of hers, the mother of a 16-year-old who was dying of leukemia, whose job was threatened because she wanted to take time off to be with her son in his final months. Afterward, Murray told me, another senator approached her and said, “We don’t tell personal stories on the floor of the United States Senate.”
  • There are several reasons our domestic policy has long been uniquely hostile to parents, but two big ones are racism and religious fundamentalism. Essentially, it’s been politically radioactive for the federal government to support Black women who want to stay home with their kids, and white women who want to work.
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  • It was meant, as the Supreme Court described it in 1975, “to free widowed and divorced mothers from the necessity of working, so that they could remain home to supervise their children.”
  • Eligibility was determined by states and localities, which found various ways to exclude Black women. With the civil rights revolution in the 1960s, however, more Black mothers were able to receive benefits.
  • But universal day care programs that would help women work didn’t go anywhere either. In 1971, Congress passed a bill that would have created a national network of high-quality, sliding-scale child care centers, akin to those that exist in many European countries. Urged on by Patrick Buchanan, Richard Nixon vetoed it, writing that it would “commit the vast moral authority of the national government to the side of communal approaches to child rearing over against the family‐centered approach.”
  • Ever since, efforts to expand government-supported child care have faced furious opposition from the religious right.
  • At the same time, many on the right, driven partly by concerns about low birthrates, have awoken to the crushing financial burden of parenthood. The public policy debate is thus no longer whether to subsidize child rearing, but how. Mitt Romney’s Family Security Act, for example, would give parents $350 a month for each child under 6, and $250 a month for children between 6 and 17, up to $1,250 per Family per month.
  • With the laissez-faire economic assumptions that dominated America since the Reagan administration discredited, Democrats no longer cower when the right accuses them of fostering big government. As Biden said in his address to Congress on Wednesday, “Trickle-down economics has never worked.”
  • This doesn’t mean that the American Families Plan is going to happen. With little chance of any Republican support, it would have to be passed through the reconciliation process, so its fate likely lies in the hands of Joe Manchin, the Senate’s most conservative Democrat. Still, it’s amazing that it’s suddenly possible that American parenthood could actually become a less financially brutalizing experience.
katherineharron

Opinion: The danger of a giant Covid belly flop - CNN - 0 views

  • As more and more vaccinations are administered in the US, the Covid-19 story, which once was nothing more than a tale of enormous tragedy, now has a new plotline: how best to return to normal.
  • transmission of a virus depends on a non-immune person bumping into an actively infected person. With more and more vaccination, the likelihood that a non-immune person will come in contact with an infected person is progressively reduced until -- poof -- the risk of catching the infection is almost gone (though never zero).
  • The issue in 1918, when the first article describing herd immunity was published, was the threat of epidemic miscarriage due to a bacterium among pregnant cows in Kansas.
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  • Consider a calculation to determine the threshold for herd immunity: Vc=(1− 1/R0)/E. "Vc" is the proportion of people who must be vaccinated to protect the rest of the herd, "R0," pronounced R-naught, is an estimate of the number of secondary cases from the original infected person and "E" represents effectiveness of a given vaccine against transmission. And this, which resembles a brutal SAT math section entry, is the dumbed-down version.
  • Lessening the threat of fetal loss therefore was straightforward: farmers should "retain" immune cattle -- those who had already had a spontaneous abortion -- and not waste "material, time, and energy ... on animals of doubtful value." Rather, they advised to butcher the non-immune cows and concentrate on the immune, "profitable" ones.
  • In other words, susceptible cows should be culled to lessen the risk of new infections
  • Though, of course, the fix -- culling -- is not an option for human disease, the benefit of an immune herd is self evident.
  • Fast forward to the 21st century world of vaccines. Pandemics and health care are decidedly more complex, which has led all to wonder: what is the magic number of people we need to vaccinate so we can all forget these disastrous last 14 months?close dialogOur free Provoke/Persuade newsletter compiles the week’s most thought-provoking pieces and delivers them straight to your inbox. Please enter aboveSign me upBy subscribing you agree to ourprivacy policy.Thanks for Subscribing!Continue ReadingBy subscribing you agree to ourprivacy policy.close dialog/* effects for .bx-campaign-1295603 *//* custom css .bx-campaign-1295603 *//* custom css from creative 52220 */.bxc.bx-custom.bx-campaign-1295603 .bx-row-image-logo img { height: 42px;}@media screen and (max-width:736px) { .bxc.bx-custom.bx-campaign-1295603 .bx-row-image-logo img { height: 35px;}}/*Validation border*/.bxc.bx-custom.bx-campaign-1295603 .bx-row-validation .bx-input { border-color: #B50000; /*Specify border color*/ border-width: 1px; box-shadow: none; background-color: transparent; color: #B50000; /*Specify text color*/}/* rendered styles .bx-campaign-1295603 */.bxc.bx-campaign-1295603.bx-active-step-1 .bx-creative:before {min-height: 220px;}.bxc.bx-campaign-1295603.bx-active-step-1 .bx-creative {border-color: #c1c1c1;border-style: solid;background-size: contain;background-color: white;border-width: 1px 0;border-radius: 0;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603.bx-active-step-1 .bx-creative:before {min-height: 200px;}}.bxc.bx-campaign-1295603.bx-active-step-1 .bx-creative> *:first-child {width: 780px;vertical-align: middle;padding: 10px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603.bx-active-step-1 .bx-creative> *:first-child {width: 340px;padding: 20px;}}.bxc.bx-campaign-1295603.bx-active-step-1 .bx-close {stroke: rgb(193, 193, 193);stroke-width: 2px;width: 24px;height: 24px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603.bx-active-step-1 .bx-close {width: 30px;height: 30px;padding: 0 0 10px 10px;}}.bxc.bx-campaign-1295603 .bx-group-1295603-y4M7jyO {width: 660px;text-align: left;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603 .bx-group-1295603-y4M7jyO {text-align: center;width: 315px;}}.bxc.bx-campaign-1295603 .bx-element-1295603-tVcUlRZ {padding: 0;width: auto;}.bxc.bx-campaign-1295603 .bx-element-1295603-tVcUlRZ> *:first-child {background-color: transparent;background-size: contain;}.bxc.bx-campaign-1295603 .bx-group-1295603-BpRQ7DR {width: 660px;text-align: left;padding: 25px 0 15px;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603 .bx-group-1295603-BpRQ7DR {width: 310px;padding: 15px 0 15px;text-align: center;}}.bxc.bx-campaign-1295603 .bx-element-1295603-oUX5Jvf {width: 100%;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603 .bx-element-1295603-oUX5Jvf {width: auto;}}.bxc.bx-campaign-1295603 .bx-element-1295603-oUX5Jvf> *:first-child {font-family: CNN Business,CNN,Helvetica Neue,Helvetica,Arial,Utkal,sans-serif;font-weight: 400;font-size: 24px;line-height: 1.1em;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603 .bx-element-1295603-oUX5Jvf> *:first-child {font-size: 16px;padding: 6px 0 0;line-height: 1.2;}}.bxc.bx-campaign-1295603 .bx-group-1295603-PZ8dLrW {width: 660px;padding: 0;min-width: 550px;text-align: left;}@media all and (max-width: 736px) {.bxc.bx-campaign-1295603 .bx-group-1295603-PZ8dLrW {min-width: auto;width: 310px;padding: 0;}}@media all and (min-wi
  • This is not a fund-raiser with a fixed universal goal we all are striving to reach. The above equation evaluates the nation as a homogenized entity, but people live in communities
  • A famous mumps outbreak in adolescent boys from the Orthodox Jewish community is thought to have been exacerbated by the school practice of promoting close, sustained (15 hours a day) contact with a study partner ("chavrusa") including "animated" face-to-face discussion resulting in transmission despite the fact that most had been vaccinated years before.
  • Stated more simply, the herd likely is protected at a very different percent of vaccinated people in an Orthodox Jewish community in San Diego where people live near the school and walk to most activities compared to a gated community in a Minneapolis suburb where many prefer to keep to themselves.
  • We have received a master class in viral variants in recent months, witnessing day by day the alarming uptick in new cases as the B.1.1.7. variant has been introduced to new communities. But a single R-naught cannot fit all variants of Covid-19; a community with higher rates of B.1.1.7. and, therefore, a higher R-naught will require, among other things, a higher level of vaccination to designate the herd as sufficiently immune.
  • There is not one magic number to signal to the entire country that we have finally made it;
  • This is extremely important to keep in mind in the weeks and months ahead as we continue to vaccinate and wait and vaccinate and wait, chasing a number that is fundamentally misleading.
  • The heterogeneity of human behavior, geography and the virus itself explains the vagueness of the pronouncements of Dr. Anthony Fauci, the chief medical adviser to President Joe Biden, and other experts as they seek to evade specifying just how many more people need vaccination before we officially can claim victory.
  • As we have seen in the US during the 15-month arc of the pandemic, trust in science and scientists has been the key to progress. Masks work. Vaccines work. Certain medications work.
Javier E

How inheritance data secretly explains U.S. inequality - The Washington Post - 0 views

  • Every three years the Fed, with the help of NORC at the University of Chicago, asks at least 4,500 Americans an astonishingly exhaustive, almost two-hour battery of questions on income and assets, from savings bonds to gambling winnings to mineral rights. One of our all-time favorite sources, the survey provides our best measure of America’s ghastly wealth disparities.
  • It also includes a deep dive on inheritance, the passing down of the family jewels (or whatnot) from parents (73 percent in 2022), grandparents (14 percent) and aunts and uncles (8 percent).
  • The average American has inherited about $58,000 as of 2022. But that’s if you include the majority of us whose total lifetime inheritance sits at $0
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  • Since 1992, the number of people getting inheritances from parents has nearly doubled even as bequests from grandparents and aunts and uncles have remained flat. Your 50s will be your peak inheriting ages, which makes sense given that an average 65-year-old in the U.S. can expect to live to around age 83 and your parents are, sadly, mortal.
  • If you look only at the lucky few who inherited anything, their average is $266,00
  • And if you look only at those in their 70s, it climbs to $344,000. Of course, that’s the value at the time of the gift. Add inflation and market-level returns and many bequests are worth much more by the time you earn your septuagenarian badge.
  • when we ran the numbers, we found they weren’t random at all.
  • White folks are about three times more likely to inherit than their Black, Hispanic or Asian friend
  • it remains vast enough to help explain why the typical White family has more than six times the net worth of the typical Black American famil
  • Up and down the demographic charts, it appears to be a case of to whom much is given … much more is given
  • Folks in the bottom 50 percent of earners inherit at half the national rate, while those in the top 1 percent are twice as likely to inherit something.
  • he confirmed that inheritances make the rich richer. But a rich kid’s true inheritance goes far beyond cash value: In a million less-measurable ways, elite parents give you a head start in life. By the time they die and hand you a windfall, you’ve already used all your advantages to accumulate wealth of your own.
  • “It’s not just the dollar amount that you get when your parents die,” Ricco said. “It’s the safety net that you had to start a business when you were younger, or the ability to put down a larger share of your savings into a down payment and a house because you know that you can save less for retirement.
  • “Little things like that are probably the main mechanisms through which intergenerational wealth is transmitted and are not easily captured just by the final value of what you see.”
  • Just one variable — how much you inherit — can account for more than 60 percent of U.S. wealth inequality
  • So, if you had to guess someone’s economic station in life and you could peek at only one data point, inheritance would be a pretty good bet. It’s one of the clearest socioeconomic signals on the planet.
  • “They actually reflect many advantages, many inequalities of opportunities that we face.”
  • The U.S. tax system does little to temper our uneven inheritance. Consider the stepped-up basis provision, “one of the most egregious (tax loopholes) that we have,”
  • When you sell something at a profit, you typically pay capital gains tax. But you can avoid that tax by holding the asset until you expire. At your death, the cost basis of your assets gets stepped up to their current value — meaning your heirs avoid getting taxed on what might be a very substantial gain.
  • Say you’re a natural-soda fan who bought $1,000 of Hansen Natural Corp. stock in 2000. You watched your money grow to more than $1.15 million as sleepy Hansen became the world-eating Monster Beverage Corp. Selling the stock would force you to pay capital gains on more than $1 million in earnings, so instead, you took it to the grave
  • (If you needed cash, you probably borrowed against your stockpiled stock pile, a common strategy among the 1 percent.)
  • If your heirs sell it, they’ll pay no taxes. If the value of the stock rises to, say, $1.151 million, they would owe taxes only on that extra $1,000.
  • Now multiply that loophole by the millions of homes, businesses, equities and other assets being handed down each year
  • It encourages older folks to hoard homes and businesses they can no longer make full use of, assets our housing-starved millennial readers would gladly snap up.
  • Early on, Goldwein said, it may have been considered necessary because it was difficult to determine the original value of long-held property. Revenue lost to the loophole was partly offset by a simpler-to-administer levy: the estate tax.
  • For now, you’ll pay the federal estate tax only on the part of your fortune that exceeds $12.92 million ($25.84 million for couples), and rising to $13.61 million in 2024 — and that’s only if your tax lawyers aren’t smart enough to dodge it.
  • “Between politicians continuing to cut the estate tax and taxpayers becoming increasingly good at avoiding it, very few now pay it,” Goldwein said. “That means we now have a big net tax break for most people inheriting large amounts of money.”
  • Kumon presents a convincing explanation: If you didn’t produce a male heir in Japan, it was customary to adopt one. A surplus son from another family would marry into yours. That kept your property in the family.
  • In Europe, if an elite family didn’t produce a male heir, which happened more than a quarter of the time, the default was for a daughter to marry into another well-off family and merge assets. So while Japanese family lines remained intact from generation to generation, European family lines merged, concentrating wealth into fewer and fewer hands.
  • As other families compete to marry into the Darcys’ colossal estate — spoiler for a novel from 1813! — inequality increases.
  • Given a few centuries, even subtle variations in inheritance patterns can produce sweeping societal differences.
Javier E

Exclusive: Trump Media saved in 2022 by Russian-American under criminal investigation | Donald Trump | The Guardian - 0 views

  • The concern surrounding the loans to Trump Media is that ES Family Trust may have been used to complete a transaction that Paxum itself could not.
  • Paxum Bank does not offer loans in the US as it lacks a US banking license and is not regulated by the FDIC. Postolnikov appears to have used the trust to loan money to help save Trump Media – and the Truth Social platform – because his bank itself could not furnish the loan.
  • Postolnikov, the nephew of Aleksandr Smirnov, an ally of the Russian president, Vladimir Putin, has not been charged with a crime. In response to an email to Postolnikov seeking comment, a lawyer in Dominica representing Paxum Bank warned of legal action for reporting the contents of the leaked documents.
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  • Postolnikov has been under increasing scrutiny in the criminal investigation into the Trump Media merger. Most recently, he has been listed on search warrant affidavits alongside several associates – one of whom was indicted last month for money laundering on top of earlier insider-trading charges.
  • Trump Media then received the loans from ES Family Trust: $2m on 23 December 2021, and $6m on 17 February 2022.
  • Part of the problem was that Trump Media struggled to get financing because traditional banks were reluctant to lend millions to Trump’s social media company in the wake of the January 6 Capitol attack, Wilkerson said.Trump Media eventually found some lenders, including ES Family Trust, but the sequence of events was curious.
  • S Family Trust was established on 18 May 2021, its creation papers show. Postolnikov’s “user” access to the account was “verified” on 30 November 2021 by a Paxum Bank manager in Dominica. The trust was funded for the first time on 2 December 2021
  • In late 2021, Trump Media was facing financial trouble after the original planned merger with Digital World was delayed indefinitely when the Securities and Exchange Commission opened an investigation into the merger, Trump Media’s since-ousted co-founder-turned-whistleblower Will Wilkerson recounted in an interview.
  • Oddly, the notes were never signed. But the investment in Trump Media proved to be huge: while precise figures can only be known by Trump Media, ES Family Trust’s stake in Trump Media is worth between $20m and $40m even after the sharp decline of the company’s share price in the wake of a poor earnings report
  • The loans came in the form of convertible promissory notes, meaning ES Family Trust would gain a major stake in Trump Media because it was offering the money in exchange for Trump Media agreeing to convert the loan principal into “shares of Company Stock”.
  • The ES Family Trust account also appears to have benefited Postolnikov personally. As the criminal investigation into the Trump Media deal intensified towards the end of last year, the trust recorded several transfers to Postolnikov with the subject line “Partial Loan Return”.In total, the documents showed that the trust transferred $4.8m to Postolnikov’s account, although $3m was inexplicably “reversed”.
  • The reason for the trust’s creation remains unknown. Aside from the money that went to Trump Media, the trust’s statements show the trust has directly invested money with only two other companies: $10.8m to Eleven Ventures LLC, a venture capital firm, and $1m to Wedbush Securities, a wealth management firm.
  • The creation papers also contained something notable: a declaration that, if the original trustee – a Paxum employee named Angel Pacheco – stepped down from the role, his successor would be a certain individual named Michael Shvartsman.
  • Last month, federal prosecutors charged Michael Shvartsman, a close associate of Postolnikov, with money laundering in a superseding indictment after previously charging him and two others in July with insider-trading Digital World shares. Shvartsman and his co-defendants pleaded not guilty.
  • nformant for the DHS, court filings show: in one March 2023 meeting with the informant and an associate, Shvartsman mentioned a friend who owned a bank in Dominica and made bridge loans to Trump Media.
  • “[Shvartsman’s associate] told the [confidential informant] that he does not think the SEC would be able to go after [Shvartsman] for his part in the investment but mentioned that [Shvartsman] essentially provided ‘bridge financing’ for the firm behind the Truth Social media platform,” it said.
  • The investigation into potential money laundering appears to have started after Wilkerson’s lawyers Phil Brewster, Stephen Bell and Patrick Mincey alerted the US attorney’s office in the southern district of New York to the ES Family Trust loans in October 2022.
  • Months later, in June 2023, the FBI expanded its investigation to work jointly with the Department of Homeland Security’s El Dorado taskforce, which specializes in money laundering, and its Illicit Proceeds and Foreign Corruption group, which targets corrupt foreign officials who use US entities to launder illicit funds.
Javier E

The American Dream Is Dying: Our Culture Needs Repair | National Review - 0 views

  • If you were born in 1940, there was a 92 percent chance you’d do better than your parents. That number has declined every decade since — from 79 percent for those born in 1950, to 62 percent in 1960, 61 percent in 1970, to a low of 50 percent for those born in 1980.
  • Even worse, younger people who do better than their parents are highly concentrated in the upper-middle class. Those born outside of the top-30th income percentile were likely to make less than their parents:
  • American life expectancy has decreased for the first time in decades. The decline is due to increases in deaths from multiple causes, including heart disease, stroke, Alzheimer’s, and suicide.
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  • hidden within the statistics is the third disturbing report, a rise in fatal heroin overdoses so dramatic that heroin deaths have for the first time surpassed gun homicides:
  • the two most important books of the decade are Charles Murray’s Coming Apart and Robert Putnam’s Our Kids. Murray’s book potently demonstrates how the upper-middle class is diverging from the rest of America. Prosperous families tend to delay childbearing until after marriage, complete their educations, get married, and stay married. Poor and working-class families have children out of wedlock, struggle to finish school, and divorce or remain unmarried at much greater rates.
  • Putnam’s book details the heartbreaking impact of early-childhood trauma from dissolving families and economic instability. By the time kids reach young adulthood, they’ve been shaped by their backgrounds in indelible ways
  • That doesn’t mean that individual kids can’t rise above their troubles, but the large-scale impact is decidedly negative.
  • There is simply an overwhelming amount of social science showing that single-parent and unstable families do worse economically than the stable, mother-father household.
  • Kids and adults aren’t blank slates, possessing equal prospects for success regardless of family situation
  • our nation is changing. We’re producing a generation of poor and working-class young people who are less equipped to take advantage of economic opportunity and a generation of upper-middle-class kids who are fully prepared to enjoy the fruits of the world’s most potent and innovative economy.
  • it’s a great time to be prosperous in America. It’s a terrible time to be poor or working-class.
  • instead of focusing on loving our neighbor, all too many of us focus instead on finding a political savior, the man on the white horse who’ll make things right. When culture changes this profoundly, it creates wounds public policy simply can’t heal.
  • America can heal itself, but it won’t be easy. It will take a culture change on the same scale as the sexual revolution that fractured families and even now relentlessly teaches the gospel of self-indulgence. It will take a renewed love for the “least of these” in our American family, and it will take men and women who care for others not just by sending money but by creating deep and meaningful relationships.
Javier E

Pret a Manger and Krispy Kreme owners discover disturbing Nazi past | US news | The Guardian - 0 views

  • The Reimann family are now the second richest family in Germany with an estimated net worth of €33bn ($37bin). Through JAB Holding, a private company owned by the family, they also have majority shares in Peets Tea and Coffee, Panera Bread and Dr Pepper.
  • In July 1937, Albert Reimann Jr wrote to Heinrich Himmler, the SS leader responsible for the Holocaust, saying that his business was “a purely Aryan family business that is over 100 years old”, he wrote. “The owners are unconditional followers of the race theory.”
  • The report contains harrowing details about the family’s treatment of forced workers: female slaves, mostly from eastern Europe, were forced to stand naked in the factory barracks during checks. Those who refused were beaten and sexually abused. Other workers were beaten, often by the Reimanns themselves, including a Russian woman who worked in the Reimanns’ private villa.
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  • The report in Bild, since confirmed by the family’s spokesman, shows that ancestors of Reimann family were enthusiastic antisemites and keen supporters of Adolf Hitler. They used Russian civilians and French prisoners of war as forced labourers in their factories.
  • The source of the revelations appears to be a report commissioned by the family themselves, in a bid to learn more about their ancestry. After discovering the extent of the Nazi ties, the family have said they will donate $11.3m (£8.5m) to charity, though they’re yet to say which one.
Javier E

Nazis Killed Her Father. Then She Fell in Love With One. - The New York Times - 0 views

  • Peter Harf, who joined the company in 1981 and became chairman this year, and whose own father was a Nazi, said he never really bought the idea that the organization had nothing to hide.“I knew the stories they told,” he said. “It didn’t smell right.”
  • 12, as JAB was acquiring high-profile coffee brands and drawing global attention, Mr. Harf pressed the family to open its archives to an independent scholar. By 2016, Paul Erker, an economic historian at the University of Munich, took on the task.
  • Only now, 74 years after World War II, are the family and the company grappling with their dark and complicated history.
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  • starting in late 1940, the Reimanns routinely took advantage of forced labor: men and women taken from their homes in Nazi-occupied territories, as well as prisoners of war, who were allocated by the Nazis to farms and industrial companies across Germany.
  • Mr. Harf noted that he lived in three places — New York, London and Milan — where nationalism and ethnic division were on the rise. For most of his long career, he said, he considered shareholder capitalism to be value neutral. No longer. In the age of Trump, Brexit and Matteo Salvini, he said, businesses can no longer pretend that they are operating in a “value-free space.”
  • “This is once again a time when everybody needs to take a stance,” Mr. Harf said. “I’m very scared of what’s happening.”
  • the men gave the company a makeover in keeping with Nazi principles. By the time Hitler took over, Benckiser already housed a Nationalist Socialist Company Organization — a worker council that sought to uphold Nazi ideology. It later became a “model NS plant.”
  • “Reimann Sr. and Reimann Jr. were not just opportunistic followers of the regime,” Mr. Harf said. “They were fully signed up to the Nazi project.”
  • In 1933, it employed 181 people. As an important supplier to the food industry, Benckiser benefited from the Nazi system, more than tripling sales over the next decade. Mr. Reimann Sr. served as president of the regional Chamber of Industry and Commerce, which helped orchestrate the Aryanization, expropriation and expulsion of Jewish businesses
  • Its employees — there are 180,000 around the world — have reported that customers accuse them of “working for Nazis
  • It was around this time that Emilie Landecker started working in the accounting department as a clerk
  • According to Mr. Harf, Benckiser’s use of forced laborers grew so fast that she would surely have been aware of the abuses.
  • By 1943, 175 people, or a third of the total work force, were forced laborers, most of them from France and Eastern Europe. Benckiser operated two labor camps, one of them overseen by a brutal foreman, Paul Werneburg, who had been with the company since 1910. On his watch, female workers were forced to stand at attention naked outside their barracks, and those who refused risked sexual abuse. Workers were kicked and beaten, among them a Ukrainian woman who also cleaned in the Reimanns’ private villa.
  • During a bomb raid on Jan. 7, 1945, Werneburg threw dozens of workers out of a camp bomb shelter. Thirty were injured, and one died. As word of Werneburg’s brutality spread, even the local Nazi office in charge of allocating forced laborers reprimanded the Reimanns for mistreating their workers.
  • Ms. Landecker would have witnessed it all, said her son, Wolfgang Reimann, in an email. “She lived through the horror show happening in our own company,” he said. “She probably sat in the very bunker when Werneburg threw out the workers.”
  • Mr. Reimann Jr. wrote a letter to the commanding officer on Sept. 22, dismissing allegations that he had been an “early and enthusiastic Nazi” as mere “denunciations” — and insisting that he was in fact a victim of the Nazis.
  • It worked. While the French initially barred Mr. Reimann Jr. from continuing his business activities, American officials overturned the judgment, classifying him as a “follower” of Nazism, rather than an active Nazi himself.
  • In 1947, the wealth of the Reimann family totaled 686,000 Reichsmark, or approximately $2.4 million in today’s money. Over the decades, the fortune grew in step with Benckiser and its successor companies, and today the family’s worth is estimated at €33 billion. On one recent list of the wealthiest families in Germany, the Reimanns ranked second.
  • Ms. Landecker was at work at Benckiser when the Gestapo came for her father.It was April 24, 1942
  • A few weeks later, one last letter arrived from Mr. Landecker, but only the envelope has survived. It shows that he was interned in block III 416/2 in Izbica, a ghetto serving as a transfer point for the deportation of Jews to the Belzec and Sobibor death camps in Nazi-occupied Poland.
  • Mr. Harf said it made him think that not enough voices in business were speaking up against the re-emergence of nationalism and populism in Europe and the United States.
  • “We fought for five years only to have an age like this,” he wrote, referring to World War I. “I hope you, my dear children, remain well-behaved and good, and keep loving me, even if you suffer because of me.”
  • he had a brother and sister-in-law. “Aunt Pauline has written from America,” he wrote that December. “She is trying for us, maybe things will work out.” But there wasn’t enough money. Mr. Landecker was not allowed to work, which meant that Emilie, still a teenager, became the family’s only earner.
  • he wrote his last letter to Bavaria.“My dear Gerdele,” he wrote. “As you can see, I’m still here, but not for long. Today I learned that my departure is on the 24th of the month — in two days. So this is the last letter that you receive from me from here or perhaps ever. We don’t know what is waiting for us.”
  • “You won’t be able to marry here in Germany,” he continued. “Learn languages!! You have your future ahead of you — don’t waste it.”
  • No one knows when exactly their love affair started. But in 1951, their first child was born
  • Two more followed. Twice a week, every Sunday and Wednesday, Mr. Reimann Jr. would leave his wife and visit Ms. Landecker.
  • years later, she admitted in a letter to Mr. Reimann Jr. that she always missed not being his wife — and not having a regular family
  • Ms. Landecker was a quiet woman. She did not speak much. But her children say that despite everything, she loved their father. “I never understood why,” said Wolfgang Reimann. “He was not very lovable from my perspective.”
  • “My mother never said anything,” Wolfgang Reimann said. “For the longest time, I believed it was her personality.” But he has changed his mind. “If I had to live with the love of my life, as my mother did, and this person was also responsible for the terrible things that happened during the war, I would not have spoken much, either, I guess,
  • the Reimanns channeled much of their wealth into JAB. In recent years the holding company has spent billions to become a rival to the likes of Starbucks and Nestlé by buying chains including Panera Bread, Krispy Kreme and Pret A Manger. Last year, it also helped Keurig Green Mountain buy Dr Pepper Snapple for nearly $19 billion. JAB also controls the cosmetics giant Coty, the owner of Calvin Klein fragrances
  • “When I heard and read of the atrocities committed at Benckiser, sanctioned by my grandfather, I felt like throwing up,” said Martin Reimann, 30, who is a grandchild to Ms. Landecker and Mr. Reimann Jr. “I cannot claim that I was very interested in politics before. I was just living my life. But after what happened, I changed my mind. I have to do something. In our family council, the younger generation created a little bit of a rebellion.”
  • By renaming its foundation after Alfred Landecker, the Reimann family is bringing back one name from the millions killed by the Nazis. But it is also explicitly linking the memory of crimes past to today’s fight to preserve the values of liberal democracy.
  • “What we can learn from history and how we can learn from history is at the core of this foundation,”
  • “This is not just about researching and remembering the past,” he added. “It’s about stabilizing and maintaining democracy today.”
  • Mr. Harf, JAB’s chairman, agrees. He said he had recently read “The Order of the Day,” a historic novella by Éric Vuillard set in the years before World War II. One scene takes place in February 1933, when Hitler and the president of the Reichstag encourage 24 German industrialists to donate to the Nazi party. The businessmen — representing companies that are still prominent German corporate names, like Siemens, Bayer and Allianz — duly open their wallets.
  • Mr. Landecker did two things that would prove prescient. He made sure his children were baptized Catholic, like his late wife. And he officially transferred to them his main possessions, including the family apartment, so that they could not be expropriated.
  • Every time business leaders make decisions, he said, they should ask, “What does this mean for our children? What does it mean for the future?”
  • “In history, businesses have enabled populists,” he added. “We mustn’t make the same mistake today.” Then he quoted the Holocaust survivor Simon Wiesenthal: “For evil to flourish, it only requires good men to do nothing.”
  • He added, “As the successors and descendants of people who committed horrendous acts, it is vital that our generation accepts what has happened, that we do whatever we can to bring tolerance and equality to the communities in which we live
mimiterranova

No body, no burial, no peace for Iran hostage Bob Levinson's family - ABC News - 0 views

  • This week marked 14 years since retired FBI Special Agent Bob Levinson vanished almost without a trace on Iran's Kish Island, and one year since his family finally accepted U.S. assessments that he died in captivity -- but they still haven't been able to adequately say goodbye to the beloved husband, father and grandfather.
  • As a result, the whereabouts of his remains are as much a mystery as the timing and circumstances of his death, which was assessed by the U.S. intelligence community in large part because of the duration of his disappearance, his diabetes, his age -- he would have turned 73 on Wednesday -- and because the only video released by his unknown captors came early in his ordeal.
  • None of the American hostages in Syria or Iraq were ever recovered after they were killed in ISIS captivity in 2014-2015, including American journalists James Foley and Steven Sotloff and humanitarian aid workers Peter Kassig and Kayla Mueller.
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  • Another important milestone in the Levinson case was a semantic change in how his vanishing was publicly characterized by the U.S. government. President Barack Obama had described Levinson as "missing in Iran," which angered members of his family. But Trump Secretary of State Mike Pompeo was the first to say Levinson was "abducted," which Joe Biden's Secretary of State, Tony Blinken, also adopted in a statement Tuesday following a phone call to Levinson's family.
  • "We won't give up, because we don't give up on family, and Bob, his wife Christine, and all of their children will always be part of our FBI family," Wray wrote.
anonymous

Opinion | Meghan, Harry and 'Dysfunctional' Families - The New York Times - 0 views

  • “Thanks, Duchess Meghan and Prince Harry, for reminding us it is OK to have a dysfunctional family,” a reader writes. Other readers offer their reactions to the Oprah interview.
  • Watching Oprah’s interview with Prince Harry and Meghan, the Duchess of Sussex, I am even more certain of my long-held belief (after many years observing family dynamics and teaching university courses on the topic) that most families are dysfunctional. And that is not something to be embarrassed about.No matter how rich, prestigious or famous, all families have problems, estrangements and quarrels. There are awkward family weddings, unfriendings on social media, and in-laws who do not quite fit well into the family dynamic. There is even some bullying and gaslighting from time to time, as well as disrespecting elders.The difference is that most people try to hide the dysfunction and can do so since their lives are private, not public.So, thanks, Meghan and Prince Harry, for reminding us it is OK to have a dysfunctional family.Rebecca S. FahrlanderBellevue, Neb.
  • So, the media uber-celebrity thinks that interviewing the two escaped royal celebrities during a public health crisis is a good use of our attention. Aww, they were mean to me, says one of the two privileged spoiled brats. Why should I care? Why do you?
katherineharron

Cuomo, Newsom and Trump's early pandemic praise vanished - CNNPolitics - 0 views

  • Nearly a year ago, New York Democratic Gov. Andrew Cuomo announced that all nonessential workers in the state would have to stay home. The announcement was one of many that marked the beginning of the coronavirus pandemic.
  • But, just as history has shown us time and time again, a year turned out to be a lifetime in their political careers
  • Cuomo, Newsom and Trump all experienced classic examples of a rally-around-the-flag event. When a crisis hits, constituents give their leading politicians bumps in the polls. These bumps rarely ever last -- a lesson all three of these politicians have now learned. Cuomo was probably seen as the biggest hero of the early days of the pandemic. He gave daily news conferences that became must-see television for many. He even wrote a book about leadership.
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  • Cuomo's favorable rating jumped to 77%. Just two months earlier, his favorable rating had been 44% -- a paltry figure for a Democrat from a blue state. close dialogThe world is watching as the Biden administration takes office.Get updates on US politics delivered to your inbox daily. Sign Me UpNo ThanksBy subscribing you agree to ourprivacy policy.The world is watching as the Biden administration takes office.Get updates on US politics delivered to your inbox daily. Please enter aboveSign Me UpBy subscribing you agree to ourprivacy policy.Success! See you in your inbox.</
  • California was one of the earliest states hit in the pandemic, and most voters applauded Newsom's response. His approval rating among likely voters in Public Policy Institute of California polling topped out at 64% in May 2020. That was up from 52% in February 2020 and 49% in January 2020. Newsom, though, has been criticized for how he handled lockdowns and business and school reopenings during the last year
  • His favorable rating is down to 44% and a mere 36% of voters want him to run for reelection, according to a March Quinnipiac University poll. The one piece of good news for Cuomo is that most Democrats (60%) have a favorable view of the governor, a slim majority (50%) want him to run again in 2022 and just 21% want him to resign.
  • More prominently, Cuomo is dealing with multiple allegations of inappropriate behavior toward women. The attorney general's office is investigating the claims, and the state Assembly speaker has allowed an impeachment investigation to begin. Many state and federal officials are calling on Cuomo to resign.
  • Still, the fact that Newsom is facing a recall and that his approval rating is averaging only about 50% right now is not a great position for a Democrat in California. Of course, both Cuomo and Newsom are in better political shape than Trump. While Trump ended up losing the election, at least in part to his response to the pandemic, voters actually had rallied around him early.
  • By the summer, Trump's overall approval rating dropped into the low 40s. He consistently low on who would better handle the pandemic compared with Democrat Joe Biden, who's now president. Indeed, Trump may very well have won the election without the pandemic. His approval rating on the economy was better than that of any of the incumbents who had lost in the last 45 years before him.
katherineharron

Biden White House would welcome Trump's help in promoting vaccine - CNNPolitics - 0 views

  • The White House said it would welcome former President Donald Trump's help in promoting the coronavirus vaccine to his supporters but says there are other ways to convince conservatives to get the shot.
  • "I discussed it with my team and they say the thing that has more impact than anything Trump would say to the MAGA folks is what the local doctors, what the local preachers, what the local people in the community say," Biden said at the White House on Monday.
  • Earlier, the White House laid out how it was reaching conservatives with vaccine messaging, even as officials acknowledged a Democratic president did not carry the same weight among that population as other public figures.Read More"If former President Trump woke up tomorrow and wanted to be more vocal about the safety and efficacy of the vaccine certainly we'd support that," press secretary Jen Psaki said at a Monday's White House briefing.close dialogThe world is watching as the Biden administration takes office.Get updates on US politics delivered to your inbox daily. Sign Me UpNo ThanksBy subscribing you agree to ourprivacy policy.The world is watching as the Biden administration takes office.Get updates on US politics delivered to your inbox daily. Please enter aboveSign Me UpBy subscribing you agree to ourprivacy policy.Success! See you in your inbox.//assets.b
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  • Health officials, including Dr. Anthony Fauci, have said Trump's voice in promoting the vaccine would go far in convincing Republicans to get it.
  • Trump has made small efforts to promote the vaccine, including in a speech at this year's Conservative Political Action Conference, but he did not appear in a public service announcement featuring former presidents that was released last week.Psaki noted those presidents -- Barack Obama, George W. Bush, Bill Clinton and Jimmy Carter -- "did not need an engraved invitation" to promote the vaccine.
  • "The President's goal is to vaccine all Americans, not just those who voted for him," she said. "We know we need to meet everyone where they are, and that includes conservatives."
Javier E

Opinion | Who Killed the Knapp Family? - The New York Times - 0 views

  • there is a cancer gnawing at the nation that predates Trump and is larger than him.
  • Suicides are at their highest rate since World War II; one child in seven is living with a parent suffering from substance abuse; a baby is born every 15 minutes after prenatal exposure to opioids; America is slipping as a great power.
  • We have deep structural problems that have been a half century in the making, under both political parties, and that are often transmitted from generation to generation.
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  • Deaton and the economist Anne Case, who is also his wife, coined the term “deaths of despair” to describe the surge of mortality from alcohol, drugs and suicide.
  • “The meaningfulness of the working-class life seems to have evaporated,” Angus Deaton, the Nobel Prize-winning economist, told us. “The economy just seems to have stopped delivering for these people.”
  • Only in America has life expectancy now fallen three years in a row, for the first time in a century, because of “deaths of despair.”
  • “I’m a capitalist, and even I think capitalism is broken,” says Ray Dalio, the founder of Bridgewater, the world’s largest hedge fund.
  • The suffering was invisible to affluent Americans, but the consequences are now evident to all: The survivors mostly voted for Trump, some in hopes that he would rescue them
  • The stock market is near record highs, but working-class Americans (often defined as those without college degrees) continue to struggle. If you’re only a high school graduate, or worse, a dropout, work no longer pays.
  • If the federal minimum wage in 1968 had kept up with inflation and productivity, it would now be $22 an hour. Instead, it’s $7.25.
  • we would return to the Kristof family farm in Yamhill and see a humanitarian crisis unfolding in a community we loved — and a similar unraveling was happening in towns across the country. This was not one town’s problem, but a crisis in the American system.
  • Even in this presidential campaign, the unraveling of working-class communities receives little attention. There is talk about the middle class, but very little about the working class
  • One consequence is that the bottom end of America’s labor force is not very productive, in ways that reduce our country’s competitiveness
  • we discuss college access but not the one in seven children who don’t graduate from high school.
  • “We have to stop being obsessed over impeachment and start actually digging in and solving the problems that got Donald Trump elected in the first place,”
  • We have to treat America’s cancer.
  • the situation is worsening, because families have imploded under the pressure of drug and alcohol abuse, and children are growing up in desperate circumstances
  • In the 1970s and ’80s it was common to hear derogatory suggestions that the forces ripping apart African-American communities were rooted in “black culture.” The idea was that “deadbeat dads,” self-destructive drug abuse and family breakdown were the fundamental causes, and that all people needed to do was show “personal responsibility.
  • A Harvard sociologist, William Julius Wilson, countered that the true underlying problem was lost jobs, and he turned out to be right. When good jobs left white towns like Yamhill a couple of decades later because of globalization and automation, the same pathologies unfolded there.
  • Men in particular felt the loss not only of income but also of dignity that accompanied a good job. Lonely and troubled, they self-medicated with alcohol or drugs, and they accumulated criminal records that left them less employable and less marriageable.
  • Family structure collapsed.
  • The problems are also rooted in disastrous policy choices over 50 years
  • The United States wrested power from labor and gave it to business, and it suppressed wages and cut taxes rather than invest in human capital, as our peer countries did.
  • The kids on the No. 6 bus rode into a cataclysm as working-class communities disintegrated across America because of lost jobs, broken families, gloom — and failed policies.
  • Americans also bought into a misconceived “personal responsibility” narrative that blamed people for being poor.
  • It’s true, of course, that personal responsibility matters: People we spoke to often acknowledged engaging in self-destructive behaviors.
  • But when you can predict wretched outcomes based on the ZIP code where a child is born, the problem is not bad choices the infant is making.
  • If we’re going to obsess about personal responsibility, let’s also have a conversation about social responsibility.
  • Why did deaths of despair claim Farlan, Zealan, Nathan, Rogena and so many others?
  • First, well-paying jobs disappeared
  • Second, there was an explosion of drugs
  • Third, the war on drugs sent fathers and mothers to jail, shattering families.
  • Both political parties embraced mass incarceration and the war on drugs, which was particularly devastating for black Americans, and ignored an education system that often consigned the poor — especially children of color — to failing schools
  • Since 1988, American schools have become increasingly segregated by race, and kids in poor districts perform on average four grade levels behind those in rich districts.
  • Yet it’s not hopeless. America is polarized with ferocious arguments about social issues, but we should be able to agree on what doesn’t work: neglect and underinvestment in children. Here’s what does work.
  • ob training and retraining give people dignity as well as an economic lifeline. Such jobs programs are common in other countries.
  • For instance, autoworkers were laid off during the 2008-9 economic crisis both in Detroit and across the Canadian border in nearby Windsor, Ontario. As the scholar Victor Tan Chen has showed, the two countries responded differently
  • The United States focused on money, providing extended unemployment benefits. Canada emphasized job retraining, rapidly steering workers into new jobs in fields like health care, and Canadian workers also did not have to worry about losing health insurance.
  • The focus on job placement meant that Canadian workers were ushered more quickly back into workaday society and thus today seem less entangled in drugs and family breakdown.
  • Another successful strategy is investing not just in prisons but also in human capital to keep people out of prisons.
  • We attended a thrilling graduation in Tulsa, Okla., for 17 women completing an impressive local drug treatment program called Women in Recovery.
  • The graduates had an average of 15 years of addiction each, and all were on probation after committing crimes. Yet they had quit drugs and started jobs
  • Women in Recovery has a recidivism rate after three years of only 4 percent, and consequently has saved Oklahoma $70 million in prison spending,
  • Bravo for philanthropy, but the United States would never build interstate highways through volunteers and donations, and we can’t build a national preschool program or a national drug recovery program with private money.
  • For individuals trying to break an addiction, a first step is to face up to the problem — and that’s what America should do as well
Javier E

Opinion | We Can End Homelessness In Our Cities - The New York Times - 0 views

  • The federal government could render homelessness rare, brief and nonrecurring. The cure for homelessness is housing, and, as it happens, the money is available: Congress could shift billions in annual federal subsidies from rich homeowners to people who don’t have homes.
  • Instead, Americans have taken to treating homelessness as a sad fact of life, as if it were perfectly normal that many thousands of adults and children in the wealthiest nation on earth cannot afford a place to live.
  • Government programs focus on palliative care: Annual spending on shelters has reached $12 billion a year
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  • Rather than provide housing for the homeless, cities offer showers, day care centers and bag checks.
  • We have decided to live with the fact that some of our fellow Americans will die on the streets.
  • “There’s a cruelty here that I don’t think I’ve seen,” Leilani Farha, then the United Nations special rapporteur on adequate housing, said after a 2018 visit to Northern California.
  • “I’ve never seen anything like it, and I’ve done outreach on every continent,” Dame Louise Casey, who directed homeless policy for several British prime ministers, said after touring homeless encampments in San Francisco, Los Angeles and other American cities.
  • almost 40 percent of workers in households making less than $40,000 a year have lost work. Women in Need NYC, which runs shelters, warned this week that New York faces a “mass increase” in homelessness
  • Countries confronting homelessness with greater success than the United States, including Finland and Japan, begin by treating housing as a human right
  • the first law of real estate applies to homelessness, too: Location, location, location. The nation’s homeless population is concentrated in New York, the cities of coastal California and a few other islands of prosperity.
  • Well-educated, well-paid professionals have flocked to those places, driving up housing prices. And crucially, those cities and their suburbs have made it virtually impossible to build enough housing to keep up.
  • The government calculates $600 is the most a family living at the poverty line can afford to pay in monthly rent while still having enough money for food, health care and other needs. From 1990 to 2017, the number of housing units available below that price shrank by four million.
  • While there are roughly 80,000 homeless people in New York on any given night, more than 800,000 New Yorkers — more than 10 times as many people — are scraping by, spending more than half their income on rent.
  • According to one analysis, a $100 increase in the average monthly rent in a large metro area is associated with a 15 percent increase in homelessness.
  • In 2018, eight out of every 10,000 Michigan residents were homeless. In California, it was 33 per 10,000. In New York, it was 46 per 10,000.
  • in recent decades, wealth and homelessness have both increased — a stark illustration of the inequalities that pervade American life.
  • Having failed to address homelessness during the longest economic expansion in American history, the nation now faces a greater challenge under more difficult circumstances
  • Reframing the debate — asking what is necessary to end homelessness — is an important first step for New York and for other places that are failing this basic test of civic responsibility.
  • The program costs about $19 billion a year. Vouchers for all eligible households would cost another $41 billion a year
  • Where to get the money? Well, the government annually provides more than $70 billion in tax breaks to homeowners, including a deduction for mortgage interest payments and a free pass on some capital gains from home sales. Let’s end homelessness instead of subsidizing mansions.
  • Without a significant expansion in the supply of housing, adding vouchers would be like adding players to a game of musical chairs without increasing the number of chairs.
  • Market-rate construction can help: More housing would slow the upward march of housing prices. New York and San Francisco are the nation’s most tightly regulated markets for housing construction,
  • Tokyo, often cited as an international model for its permissive development policies, has expanded its supply of homes by roughly 2 percent a year in recent years, while New York’s housing supply has expanded by roughly 0.5 percent a year. Over the last two decades, housing prices in Tokyo held steady as New York prices soared.
  • In California, for example, construction of a five-story apartment building that meets minimum standards costs an average of $425,000 per unit,
  • Without public aid, the apartments would need to be rented for several times more than the $600 a month affordable to a family living at the poverty line.
  • Proposals for a big increase in affordable housing construction inevitably call to mind the troubled public housing projects of the mid-20th century. They offer one clear lesson: Avoid housing that concentrates poverty
  • there is a solution&nbsp;— to build subsidized housing as part of mixed-income developments and to spread the developments out, putting them not just in cities but also in the surrounding suburbs.
  • Helsinki, Finland, a city of just 600,000 people, builds about 7,000 units of mixed-income housing a year. That’s a big reason Finland is the rare European country where homelessness is in decline.
  • Extending this approach to the entire homeless population would be expensive. To take one example, King County, which encompasses Seattle, would need to increase annual spending on homelessness to roughly $410 million from $196 million to help each of the county’s 22,000 homeless families, according to a study by McKinsey. That’s about $19,000 per family.
  • Even if the cost per person were twice as high, the nation’s homeless population could be housed for $10 billion a year — less than the price of one aircraft carrier.
  • there is worse to come. Homelessness rises during recessions, the federal funding is temporary and state and local governments face huge drops in tax revenue.
  • The federal government already provides housing vouchers to help some lower-income families. The families pay 30 percent of their monthly income toward rent; the government pays the rest. But instead of giving vouchers to every needy family, the government imposes an arbitrary cap. Three in four eligible families don’t get vouchers.
  • Americans must decide whether we are willing to let elementary school students spend nights in guarded parking lots
  • We must decide whether it’s worth spending just a little of this nation’s vast wealth to ensure that no 60-year-old woman needs to sleep on the same bench in downtown Santa Monica
carolinehayter

Walter Wallace Jr.'s Family Does Not Want Police Officers To Face Murder Charges : NPR - 0 views

  • Walter Wallace Jr.'s family is seeking justice but they are not advocating for the officers who killed the 27-year-old Black man to be charged with murder.
  • According to their attorney, Shaka Johnson, the brief 30 to 40 second video put on display the systematic failings of the Philadelphia Police Department who armed the officers with "a tool by which to assassinate" instead of a less lethal device such as a Taser.
  • When asked why the family, who has yet to bury Wallace, would not want to pursue murder charges against the two officers who fired seven rounds each into him on Monday, Johnson replied, "Here's why: they were improperly trained and did not have the proper equipment by which to effectuate their job."
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  • Johnson, however, noted the onus is not on the family to pursue charges. It is up to District Attorney Larry Krasner. The family does intend to file a wrongful death suit.
  • The attorney described the final moments of Wallace's life as they were captured in the body cam footage, saying the officers made no attempt to diffuse the chaotic situation upon their arrival. On the contrary, he said, it was clear the officers intended to kill the mentally unstable man.
  • According to the family, they called 911 to summon an ambulance that would help them calm Wallace who was experiencing a psychological episode. But instead of healthcare professionals trained to handle such situations it was the two officers who showed up.
  • Johnson said he looked like a person in "obvious mental health crisis." "You will see a person walking around not even speaking," said Johnson, remarking that it looked as if Wallace was "in a cloud."
  • The video captures audio of one officer telling the other to "shoot him" before both opened fire, Johnson said.
  • Wallace was approximately a car and a half-length away.
  • Johnson also claims the video shows Wallace was incapacitated after the first shot.
  • "I understand he had a knife ... and I think that does not give you carte blanche to execute a man," he said.
  • The officers involved in the shooting claim Wallace advanced toward them with the knife but the family disputes that account. Several videos recorded by bystanders show at least one officer shouted for Wallace to put down the weapon.
  • The officers' names have not been released. Both have been suspended from active patrol and remain on desk duty.
  • Police Commissioner Danielle Outlaw has pledged to release the video and audio tapes.
  • Mayor Jim Kenney and District Attorney Larry Krasner released a joint statement Thursday night saying the footage and 911 audio files will be released by the end of next week.
Javier E

When a Public Family Is Publicly Attacked - The New York Times - 0 views

  • While Ms. Howerton and her supporters report Twitter accounts for abuse, she is also asking YouTube to take down the video commentary that makes use of her video and other family images. She has filed a privacy complaint, which YouTube rejected, and is waiting for it to respond to her new complaint, alleging copyright violation. Neil Richards, a law professor at Washington University and author of “Intellectual Privacy: Rethinking Civil Liberties in the Digital Age,” said he thinks Ms. Howerton’s belief that she can regain control of the footage may be overly optimistic.
  • “The use of home video and family images for political debate is something that has real consequences,” he said. “She has made her life choices, her experiences, her children’ experiences, a matter for public debate. When people do this they do expose themselves to criticism and attacks and some of them are quite unpleasant.”
  • Eric Goldman, a professor of law and director of the High Tech Law Institute at Santa Clara University School of Law, agreed that because Ms. Howerton herself used family video as part of a political discussion, she may have little legal recourse when that video is used as part of a larger video engaged in social commentary on the same topic. In many situations, videos or pictures posted online can become “fair game” for critics to use in online attacks against the poster’s position or for other undesirable political or social statements, Mr. Goldman said in an email.
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  • Ms. Howerton herself can delete the comments under her own YouTube video. On Twitter, some of the accounts that have attacked Ms. Howerton and her family have been suspended; some have not. Twitter makes the determination about what constitutes hate or harassment
  • Her reaction encourages Danielle Citron, a professor of law at the University of Maryland and the author of “Hate Crimes in Cyberspace,” who notes that the support of the overall online community is key. Anyone who makes a living writing and speaking “can catch the attention of a hate group anytime,” she said, and shouldn’t be expected to shoulder the blame for the attacks. “There is nothing that constitutes a meaningful provocation for something like this,” she said. The more we recognize that, the less destructive these kinds of attacks will be.
  • It isn’t just the racist attacks that could silence Ms. Howerton, and deter other parents from writing and sharing their family experiences online. It’s the shame and fear that accompanies those attacks — the sense of being judged for putting their children’s images at risk, and the fear that their children will suffer as a result. The racist attacks themselves may be inevitable, but the judgment is not.
  • With the stories, we’re talking about people. Without them, it’s all abstract. To have a real conversation about race, we need some people willing to stand up and take a bigger risk. To support that conversation, the rest of us need to stand with them.
Javier E

Silicon Valley Is Growing Up, Giving Parents a Break - The New York Times - 0 views

  • Long hours in the office and the expectations of being connected at home are familiar to workers across industries, not just Silicon Valley. Fifty-six percent of parents in dual-income households across the wage spectrum say they find the work-family balance to be difficult and stressful. But tech takes the high-stress, high-stakes American work culture to the extreme.
  • “The tech industry’s love for scrappy, accessible founders adds to the pressure,” said Glenn Kelman, chief executive of Redfin, the online real estate company. “You’re expected to lead by example, to roll up your sleeves, to know everything going on.”
  • “Being a tech founder is all-consuming; you can never really turn off,” said Clara Shih, founder and chief executive of Hearsay Social, who recently had her first child with her husband, Daniel Chao, also a tech founder and chief executive, of Halo Neuroscience. “You can’t skimp on your family, and you can’t skimp on your start-up, so you end up skimping on yourself.”
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  • One reason this has recently become an issue could be that Silicon Valley is aging. There are, of course, many established companies with older employees, but many people who work at the hot companies of the web era are now also becoming parents. And start-ups stay private for longer periods now, meaning employees work at them longer before cashing out.
  • Tech companies also employ a disproportionately small number of women — one-third of employees at many companies, and often less than one-fifth of technical employees. Over all, parenthood affects women’s careers more substantially than men’s, and women tend to be the ones who ask for family-friendly policies at work like paid leave or flex time.
  • One symbol of the cultural change in tech, fair or not, is the criticism of executives who seem to prioritize work over family. That happened to Marissa Mayer, chief executive of Yahoo, when she announced she would take only a very short leave after having twins.
mimiterranova

Sackler Family, Owner Of Purdue Pharma, Set To Win Immunity From Opioid Lawsuits : NPR - 0 views

  • After more than a year of high stakes negotiations with billions of dollars on the line, a bankruptcy plan for Purdue Pharma, the maker of Oxycontin, cleared a major hurdle late Wednesday.
  • Public health experts and many government officials say the introduction of Oxycontin fueled the nation's deadly opioid epidemic.
  • According to legal documents filed as part of the case, that immunity would extend to dozens of family members, more than 160 financial trusts, and at least 170 companies, consultants and other entities associated with the Sacklers.
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  • "The Sacklers are paying $4.275 billion and they very much plan and expect to be done with this chapter," said Marshall Huebner, an attorney representing Purdue Pharma, during a hearing last week. One of the firms that would secure protection from future opioid lawsuits under the deal is Luther Strange &amp; Associates, founded by former U.S. Sen. Luther Strange (R-Alabama) who helped Purdue Pharma pitch the bankruptcy plan to Republican state attorneys general.
  • In the coming weeks, more than 600,000 individuals, companies and governments with claims against Purdue Pharma will vote on the package, described by attorneys involved in the process as one of the most complicated and controversial bankruptcies ever.
  • The reorganization plan also includes a detailed formula that would be used to distribute hundreds of millions of dollars each year in aid to communities and individuals harmed by opioids.
  • But critics, including more than 20 mostly Democratic state attorneys general, say the Sacklers are improperly piggybacking on their company's bankruptcy without actually filing for bankruptcy themselves.
  • Again, the Sacklers have denied any wrongdoing, have never been charged with crimes. As part of their settlement with the DOJ, members of the Sackler family paid $225 million while denying the allegations.
  • "Raymond Sackler family members have consistently expressed their regret that OxyContin, which continues to help patients suffering from chronic pain, unexpectedly became part of the opioid crisis," the family said in a statement.
  • The Sacklers maintain they did nothing wrong and acted ethically. If this bankruptcy plan is approved and upheld on appeal, it's unlikely the allegations will ever be tested in court.
aidenborst

Chamber of Commerce: Worker shortage can't be solved without ramping up immigration - CNN - 0 views

  • As businesses grapple with record-high job openings, the US Chamber of Commerce is loudly calling on Washington to allow more foreign workers to legally enter the country.
  • Neil Bradley, chief policy officer at the Chamber of Commerce, told CNN Business that the worker shortage can't be solved in the long run without ramping up immigration.
  • "We've never seen a situation this broad-based across the country where businesses are having to turn down work because they simply can't find the workers to do it," Bradley said. "This crisis is not going to go away."
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  • Economists have long warned that the aging US population means the nation will need to rely on a steady influx of foreign workers to meet demand. Yet Washington has repeatedly failed to reach a deal on immigration reform. And the Trump administration repeatedly put up obstacles to legal immigration, including restrictions imposed in 2020 that cited the pandemic's impact on the jobs market.
  • "Immigration was completely upended by the pandemic," said Bradley. "Go to any resort town in America. Where you would normally have individuals on temporary J-1 visas, they are nonexistent."
  • "The survivability of your business comes down to how lucky you are in the lottery," Bradley said.
  • "But labor supply will be a longer run issue, just like before the pandemic," Zandi said. "There are reasons to believe it will be a bigger problem post-pandemic because immigration is a shadow of what it was."
  • "The [Biden] administration deserves a lot of credit for taking that step," Bradley said. "They are operating within the limits of where the current law exists."
  • Beyond immigration reform, the Chamber told CNN Business it will urge states to use American Rescue Plan funding to help parents struggling with the high cost of childcare.
  • "There is no question the disruption of in-person schooling and childcare has reduced the number of caregivers, principally women, who are in the workforce and able to work," Bradley said.
  • Arizona announced plans on May 13 to use funds from the $1.9 trillion American Rescue Plan to assist working parents with childcare costs. The state said it will provide three months of childcare assistance to people making $52,000 or less who return to work after collecting unemployment benefits. The initiative is part of Arizona's decision to end the $300 enhanced unemployment benefit.
  • "The president deserves credit for identifying a lot of important problems that we need to discuss with the American Families Plan," Bradley said, specifically citing the affordability and accessibility of childcare. /* dynamic basic css */ .AR_36.ob-widget .ob-widget-items-container {margin:0;padding:0;} .AR_36.ob-widget .ob-widget-items-container .ob-clearfix {display:block;width:100%;float:none;clear:both;height:0px;line-height:0px;font-size:0px;} .AR_36.ob-widget .ob-widget-items-container.ob-multi-row {padding-top: 2%;} .AR_36.ob-widget .ob-dynamic-rec-container {position:relative;margin:0;padding;0;} .AR_36.ob-widget .ob-dynamic-rec-link, .AR_36.ob-widget .ob-dynamic-rec-link:hover {text-decoration:none;} .AR_36.ob-widget .ob-rec-image-container .ob-video-icon-container {position:absolute;left:0;height:50%;width:100%;text-align:center;top:25%;} .AR_36.ob-widget .ob-rec-image-container .ob-video-icon {display:inline-block;height:100%;float:none;opacity:0.7;transition: opacity 500ms;} .AR_36.ob-widget .ob-rec-image-container .ob-video-icon:hover {opacity:1;} .AR_36.ob-widget .ob-rec-image-container .ob-rec-rtb-image {background-color:white;background-position:center;background-repeat:no-repeat;width:100%;position:absolute;top:0;bottom:0;left:0;right:0;} .AR_36.ob-widget .ob-rec-image-container .ob-rec-rtb-image.ob-lazy-bgimg{background:none!important;}.AR_36.ob-widget .ob_what{direction:ltr;clear:both;padding:5px 10px 0px;} .AR_36 .ob_what a:after {content: "";vertical-align:super;;;background-image: url('https://widgets.outbrain.com/images/widgetIcons/achoice.svg');background-size:75% 75%;width:12px;height:12px;padding-left:4px;display:inline-block;background-repeat:no-repeat;background-position:right center;border-left:1px solid #999;} .AR_36.ob-widget .ob_what a{color:#757575;font-size:11px;font-family:arial;text-decoration: none;} .AR_36.ob-widget .ob_what.ob-hover:hover a{text-decoration: underline;} .AR_36.ob-widget .ob_amelia, .AR_36.ob-widget .ob_amelia_covid, .AR_36.ob-widget .ob_logo, .AR_36.ob-widget .ob_feed_logo, .AR_36.ob-widget .ob_sfeed_logo, .AR_36.ob-widget .ob_text_logo{vertical-align:baseline !important;display:inline-block;vertical-align:text-bottom;padding:0px 5px;box-sizing:content-box;-moz-box-sizing:content-box;-webkit-box-sizing:content-box;} .AR_36.ob-widget .ob_amelia{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_logo_16x16.png') no-repeat center top;width:16px;height:16px;margin-bottom:-2px;} .AR_36.ob-widget .ob_amelia_covid{width:auto;height:16px;max-height:16px;margin-bottom:-2px;} .AR_36.ob-widget .ob_logo{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_logo_67x12.png') no-repeat center top;width:67px;height:12px;} .AR_36.ob-widget .ob_text_logo{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_text_logo_67x22.png') no-repeat center top;width:67px;height:22px;} .AR_36.ob-widget .ob_feed_logo{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_feed_logo.png') no-repeat center top;width:86px;height:23px;} .AR_36.ob-widget .ob_sfeed_logo{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_smartFeedLogo.min.svg') no-repeat center top;width:140px;height:21px;} .AR_36.ob-widget .ob_sphere_logo{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_sphere.svg') no-repeat center top;width:93px;height:27px;vertical-align:baseline!important;display:inline-block;vertical-align:text-bottom;padding:0px 0px;box-sizing:content-box;-moz-box-sizing:content-box;-webkit-box-sizing:content-box;} @media only screen and (-webkit-min-device-pixel-ratio: 2),(min-resolution: 192dpi) { .AR_36.ob-widget .ob_amelia{background:url('https://widgets.outbrain.com/images/widgetIcons/ob_logo_16x16@2x.png') no-repeat center top;width:16px;height:16px;margin-bottom:-2px; 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