Skip to main content

Home/ History Readings/ Group items matching "mark" in title, tags, annotations or url

Group items matching
in title, tags, annotations or url

Sort By: Relevance | Date Filter: All | Bookmarks | Topics Simple Middle
9More

Amid Tumult, Michigan Football Aims to Reclaim Its Footing - NYTimes.com - 0 views

  • Michigan, once the class of the college football landscape, suddenly embodies the struggle between athletics and academics playing out at universities throughout the country. Michigan’s new president, Mark Schlissel, has suggested that academics may have taken a back seat in the athletic department and made it clear that the university’s sports culture concerned him.
  • “We have to get this right,” said Mark Bernstein, a university regent. “I believe the stakes at this university are unusually high in the sense that this university aspires to be exceptional academically and with respect to athletics. If those two worlds can coexist without comprising the integrity and values of the university — that’s our goal. If they can’t coexist, then intercollegiate athletics is truly an illusion.”
  • “The incentives are really strong for them to be as successful on the field as possible, and some of those are in dollars and others are in performance,” said Schlissel, according to the student newspaper, The Michigan Daily. “If we had won Nobel Prizes this year, we wouldn’t have gotten as much attention as did our A.D. It’s sad, but it’s really true.”
  • ...6 more annotations...
  • Schlissel, a former provost at Brown University and a scientist, expressed concern to a faculty group recently that Michigan, annually ranked among the top-rated public universities in the nation and owners of the most victories in college football history, had admitted football players who were not as academically qualified as the rest of the student body.
  • Michigan fans do not readily welcome change. They even have a name for one of their own: a Michigan Man.
  • When Gee was president at Ohio State, he was asked if he would fire the football coach Jim Tressel, who had come under fire for an N.C.A.A. investigation into violations involving his players. “I’m just hoping that the coach doesn’t dismiss me,” he said, a line that landed him in hot water.
  • Schlissel, who apologized to Hoke for his remarks to the faculty group, declined to comment on his concerns or his future plans. Schlissel is trusting Hackett to decide Hoke’s fate, but he will surely play a role in deciding the future of Wolverines football.
  • “I’m amazed that the regents would hire a president with so little grounding in intercollegiate athletics, so little understanding of it,” Bay said. “I have sympathy for the man, that he’s been put in a position where he has to deal with a major part of the university and has no experience. He’s never been in a culture like this.”
  • “If this university can’t get this right,” Bernstein, the regent, said, “then no university can.”
9More

The Emergence of the Post-Obama Electorate - The Atlantic - 0 views

  • In 1993, Harvard professor Katherine Tate argued in her book From Protest to Politics: The New Black Voters in American Elections that Jesse Jackson’s 1984 and 1988 presidential candidacies activated African Americans to identify and support leaders who could advance bla­­­­­­­ck America’s political aims through elected office. This was a marked shift from the Civil Rights era, when protest was the primary vehicle for enacting policy demands. Black voter participation rates and Obama’s elections are proof that Tate’s thesis was correct
  • Post-Obama, however, the allure of an elected official, even a black one, to effect change has worn off. Protest politics are returning to center stage.
  • To combat institutional lethargy, this wave of young people is employing a variety of tactics—from protest to pop culture—to influence the political agenda. They are the offspring of six decades of activism, growing voting power, and increased intra-racial class diversity
  • ...6 more annotations...
  • the post-Obama black electorate will probably be characterized by three things: stratified voter participation, increased reliance on alternative methods of political pressure, and initial signs of growing partisan and political diversity.
  • Though overall black voter participation increased between 2008 and 2012, Obama’s reelection came courtesy of African Americans over 45 years old. But for blacks born in the late 1980s onward, their turnout dropped nearly 7 percent in that same period, marking the first time that has occurred in decades
  • The post-Obama bloc employs a different strategy to bring about change—one rooted in creativity and energy. It is because of them that Black Lives Matter exists. Their hunger strike and protest at the University of Missouri, emblematic of campus protests across the country, accomplished what complaints to the state legislature and the board of directors could not. In South Carolina, one of them yanked the state’s Confederate battle flag off the pole before the governor officially took it down. Another wrote a reparations article that created a national conversation
  • Half of the newest black members of Congress are Republicans, and more black Republicans have run for the presidency since 2000 than black Democrats.
  • In 2012, GOP presidential candidate Mitt Romney nearly doubled the percentage of black Republican votes compared with McCain in 2008
  • So what does all this mean for 2016? It won’t take long to find out. The first substantial glimpse of the post-Obama black electorate will occur when South Carolina’s African American voters head to the polls for the state’s open-primary elections this month.
2More

Russian communists mark 63rd anniversary of Stalin's death - RT In motion - 0 views

  • Russia's Communist Party marked the 63rd anniversary of the death of Joseph Stalin in Moscow on Thursday. Hundreds of people holding Stalin portraits and Soviet flags gathered near the memorial to Georgi Zhukov in the center of Moscow. Party members then moved to pay their respects at Stalin’s grave near the Kremlin wall, where they laid flowers and wreaths. Joseph Stalin held the post of General Secretary of the Central Committee of the Communist Party of the Soviet Union from April 3, 1922 until the day of his death. He died on March 5, 1953 at his residence in Kuntsevo Dacha.
  •  
    Russian Communists remember Stalin on the 63rd anniversary of his death
10More

The Empathy Gap: Why Have the Paris Attacks Gotten More Attention Than the Beirut Bombi... - 0 views

  • It’s become a predictable pattern: One act of violence in the world overshadows a similar, concurrent violent act, inviting a backlash against this imbalance in scrutiny, sympathy, and grief. But that predictability doesn’t make the pattern any less distressing. Each time there’s a major terror attack in an American or European city—New York, Madrid, London, Paris, Paris again—it captures the attention and concern of Americans and Europeans in a way that similar atrocities elsewhere don’t seem to do. Seldom do events line up so neatly, offering a clear comparison, as the bombings in Beirut and the rampage in Paris.
  • Onepotential explanation is simple: There were three times more deaths in Paris than in Beirut. Beyond that are a host of other, intertwined reasons. Perhaps chief among them is familiarity. Americans are much more likely to have been to Paris than to Beirut—or to Cairo, or to Nairobi, or to any number of cities that have experienced bloody attacks. If they haven’t traveled to the French capital themselves, they’ve likely seen a hundred movies and TV shows that take place there, and can reel off the names of landmarks. Paris in particular is a symbol of a sort of high culture.
  • There is also a troubling tribal, or racial, component to this familiarity factor as well: People tend to perk up when they see themselves in the victims.
  • ...7 more annotations...
  • Closely related is a divergence in expectations. In January, Matt Schiavenza argued perceptively in The Atlantic that one striking difference between the Charlie Hebdo massacre in Paris and a roughly contemporary suicide bombing by a 10-year-old in Nigeria was that France is not a country with a failing government or chronic conflict. As a result, attacks there are more shocking.
  • Many Americans hear “Paris” and think of the Eiffel Tower; they hear “Beirut” and immediately associate it with war. Yet that’s an outdated impression, as
  • Beirut, in fact, was once known as the Paris of the Middle East. And while that name is no longer in common usage, there are still similarities between the cities. In the centers, prosperous neighborhoods offer fine dining and glamorous shopping. Farther out, less wealthy residents—many of them immigrants or children of immigrants—live in working-class districts. Paris’s suburban districts, known as banlieues, are heavily populated by Muslim immigrants.
  • Nor is Paris quite as calm as Americans might imagine. For example: Riots of considerable size are roughly a yearly event, especially in the banlieues; in 2005, during some of the largest riots in recent memory, three people were killed in violence triggered by police chasing three boys, but clearly emblematic of deeper tensions. This may not be the Paris that many Americans think of, but it is Paris just the same. (Both Paris and Beirut even suffered serious garbage-collection strikes this year.)
  • Or should the empathy gap be attributed to an American and European press that focuses too heavily on attacks in the “West”? It’s far easier to get reporters to Paris than, say, Nairobi, though the critique is unfair to the brave reporters who report from dangerous parts of the globe year-round, not just when violence erupts. It’s a good bet that if American news organizations had devoted every resource that they dedicated to the Paris attacks to the bloodshed in Beirut instead, readers, watchers, and listeners wouldn’t have paid nearly the same amount of attention.
  • In an article for The Atlantic last year, Jacoba Urist reported on the findings of a study of natural disasters around the world, which found that the level of American media attention correlated with geographic proximity to the U.S. and the number of American tourists who had visited the country in question. (Urist noted that a 1976 Guatemalan earthquake with 4,000 fatalities accrued a third of the media coverage of an Italian earthquake with 1,000 deaths.) And as Faine Greenwood suggested after the Charlie Hebdo attacks, journalists and their audience alike suffer from a novelty bias. If it isn’t new—a new attack, a new place—it won’t garner the same buzz.
  • Founder Mark Zuckerberg has said the only reason there was no safety check-in for Beirut was that Facebook decided only after the Paris attack to deploy the feature for non-natural disasters. That aside, it makes sense that Facebook would move faster on Paris. After all, there are twice as many people in the Paris urban area as there are in all of Lebanon. Even assuming 100-percent Facebook penetration in Lebanon (not far off, probably), there are simply more Facebook users in Paris for the company to respond to.
5More

WWI veteran finally gets his gravestone - Washington Times - 0 views

  • In Rogers City’s Memorial Park cemetery, there’s a new gravestone marking the spot where a World War I veteran was buried nearly 86 years ago.
  • James Elmer Brenay served as a private in the U.S. Army during World War I, and died at 33 in 1928.
  • “Every year we’ve been putting up a flag in this little flag holder, and that was the only thing in this whole lot there,” he said. “I got to thinking a few years ago, ‘why are we putting a flag there?’ There had to be a veteran there.”
  • ...2 more annotations...
  • “I’m happy that a World War I veteran is able to have his grave marked after all these years,” he said
  • Peltz served in the Korean War, and takes a lot of pleasure in getting Brenay the recognition he deserves. There are more than 450 veterans buried in the cemetery, including others who served in World War I.
7More

Putin's New Year message marks Syria fight, end of WWII - The Washington Post - 0 views

  • New Year’s message to highlight the country’s current fight in Syria while
  • The recorded message was being televised just before midnight Thursday in each of Russia’s nine time zones.
  • our servicemen who are fighting international terrorism, making a stand for Russia’s national interests,
  • ...4 more annotations...
  • in the far abroad.” Russian warplanes began bombing sorties in Syria on Sept, 30.
  • have been killed in the campaign.
  • “the experience of our fathers and grandfathers,
  • their strength of spirit is a great example for us.”
13More

The Brutalism of Ted Cruz - The New York Times - 0 views

  • in his career and public presentation Cruz is a stranger to most of what would generally be considered the Christian virtues: humility, mercy, compassion and grace.
  • Cruz’s behavior in the Haley case is almost the dictionary definition of pharisaism: an overzealous application of the letter of the law in a way that violates the spirit of the law, as well as fairness and mercy.
  • Cruz’s speeches are marked by what you might call pagan brutalism. There is not a hint of compassion, gentleness and mercy. Instead, his speeches are marked by a long list of enemies, and vows to crush, shred, destroy, bomb them
  • ...10 more annotations...
  • Cruz lays down an atmosphere of apocalyptic fear. America is heading off “the cliff to oblivion.” After one Democratic debate he said, “We’re seeing our freedoms taken away every day, and last night was an audition for who would wear the jackboot most vigorously.”
  • everything is described as a maximum existential threat.
  • The fact is this apocalyptic diagnosis is ridiculous. The Obama administration has done things people like me strongly disagree with. But America is in better economic shape than any other major nation on earth. Crime is down. Abortion rates are down. Fourteen million new jobs have been created in five years.
  • Obama has championed a liberal agenda, but he hasn’t made the country unrecognizable. In 2008, federal spending accounted for about 20.3 percent of gross domestic product. In 2015, it accounted for about 20.9 percent.
  • But Cruz manufactures an atmosphere of menace in which there is no room for compassion, for moderation, for anything but dismantling and counterattack. And that is what he offers
  • the lack of any positive emphasis, any hint of reform conservatism, any aid for the working class, or even any humane gesture toward cooperation is striking.
  • Cruz’s programmatic agenda, to the extent that it exists in his speeches, is to destroy things: destroy the I.R.S., crush the “jackals” of the E.P.A., end funding for Planned Parenthood, reverse Obama’s executive orders, make the desert glow in Syria, destroy the Iran nuclear accord.
  • Ted Cruz didn’t come up with this hard, combative and gladiatorial campaign approach in isolation. He’s always demonstrated a tendency to bend his position — whether immigration or trade — to what suits him politically
  • This approach works because in the wake of the Obergefell v. Hodges court decision on same-sex marriage, many evangelicals feel they are being turned into pariahs in their own nation
  • Evangelicals and other conservatives have had their best influence on American politics when they have proceeded in a spirit of personalism — when they have answered hostility with service and emphasized the infinite dignity of each person. They have won elections as happy and hopeful warriors. Ted Cruz’s brutal, fear-driven, apocalypse-based approach is the antithesis of that.
1More

International sanctions against Iran lifted - The Washington Post - 0 views

  •  
    "Today marks the start of a safer world," said Secretary of State John F. Kerry. "We understand this marker alone will not wipe away all the concerns the world has rightly expressed about Iran's policies in the region. But we also know there isn't a challenge in the entire region that wouldn't become much more complicated, much worse, if Iran had a nuclear weapon."
5More

Reformation: Four things about the 500th anniversary celebrations - BBC News - 0 views

  • A special religious service is being held in the German town of Wittenberg to mark the 500th anniversary of the Reformation.
  • The Reformation caused lasting change in Europe, leading to wars and persecution, but also to greater freedom of religion and expression.
  • Ahead of the anniversary, Mrs Merkel said the ceremonies provided "the opportunity to reflect on what changes resulted from the Reformation".
  • ...2 more annotations...
  • Thousands of visitors from around the world have visited the town - about 100km (60 miles) south-west of Berlin - in recent months as it forms the focus of the anniversary celebrations.
  • Amid ceremonies marking Luther's legacy 500 years on, there have also been protests about an anti-Semitic sculpture (Judensau) which remains on the facade of another church in Wittenberg.
6More

Marine Le Pen marks Front National leadership win with rebrand proposal | World news | ... - 0 views

  • Marine Le Pen has been re-elected leader of the Front National and immediately proposed changing the far-right party’s name to Rassemblement National (National Rally), saying it must serve as a rallying call to new voters.
  • For a political leader whose primary objective in recent years has been to soften FN’s image and shed its antisemitic, jack-boot image, the proposed name had unfortunate echoes of the Rassemblement National Populaire (RNP), an extreme-right collaborationist group set up by Marcel Déat, a “neo-Socialist, during the German occupation of France between 1941 and 1944.
  • Although Le Pen has partially sanitised the FN’s image, the clean-up operation has not been wholly successful. On Saturday a video released on the internet appeared to show one of the party’s parliamentary assistants, and a leading figure in the FN youth movement, shouting a racist insult at a security guard at a bar. FN said afterwards the assistant concerned had been suspended pending investigation.
  • ...3 more annotations...
  • As well as its Vichy connections, the name was also used for a party created by Jean-Louis Tixier-Vignancour, an extreme-right lawyer who stood in the 1965 presidential election. Tixier-Vignancour’s election campaign was run by Jean-Marie Le Pen, Marine’s father and the FN leader from 1972 to 2011.
  • The conference approved a change of FN rules that stripped Jean-Marie Le Pen of his title as honorary president. He was thrown out of the party in 2015 after repeating antisemitic and racist comments for which he is notorious, but appealed against the decision. A court confirmed his expulsion last month.
  • The appearance of Bannon at the conference divided FN supporters. Gilbert Collard, an FN veteran, said inviting Bannon was counterproductive. “We might try to avoid giving ammunition to our enemies that they can use dishonestly against us,” he said.
1More

John Lukacs Left His Mark on History - WSJ - 0 views

  • Lukacs taught generations of students and readers to approach every subject first by wrestling with its history. His most noteworthy philosophical book, “Historical Consciousness: The Remembered Past,” urges students to grapple with historical facts and people, not abstractions.
20More

What Mark Zuckerberg Didn't Say About What Facebook Knows About You - WSJ - 0 views

  • When testifying before the Senate Tuesday, Mr. Zuckerberg said, “I think everyone should have control over how their information is used.” He also said, “You have full access to understand all—every piece of information that Facebook might know about you—and you can get rid of all of it.”
  • Not exactly. There are important classes of information Facebook collects on us that we can’t control. We don’t get to “opt in” or remove every specific piece. Often, we aren’t even informed of their existence—except in the abstract—and we aren’t shown how the social network uses this harvested information.
  • The website log is a good example, in part because of its sheer mass. The browsing histories of hundreds of millions—possibly billions—of people are gathered by a variety of advertising trackers, which Facebook has been offering to web publishers ever since it introduced the “Like” button in 2009.
  • ...17 more annotations...
  • They’ve become, as predicted, a nearly web-wide system for tracking all users—even when you don’t click the button.
  • “If you downloaded this file [of sites Facebook knows you visited], it would look like a quarter to half your browsing history,” Mr. Garcia-Martinez adds.
  • Another reason Facebook doesn’t give you this data: The company claims recovering it from its databases is difficult.
  • In one case, it took Facebook 106 days to deliver to a Belgian mathematician, Paul-Olivier Dehaye, all the data the company had gathered on him through its most common tracking system. Facebook doesn’t say how long it stores this information.
  • When you opt out of interest-based ads, the system that uses your browsing history to target you, Facebook continues tracking you anyway. It just no longer uses the data to show you ads.
  • There is more data Facebook collects that it doesn’t explain. It encourages users to upload their phone contacts, including names, phone numbers and email addresses
  • Facebook never discloses if such personal information about you has been uploaded by other users from their contact lists, how many times that might have happened or who might have uploaded it.
  • This data enables Facebook not only to keep track of active users across its multiple products, but also to fill in the missing links. If three people named Smith all upload contact info for the same fourth Smith, chances are this person is related
  • Facebook now knows that person exists, even if he or she has never been on Facebook. And of course, people without Facebook accounts certainly can’t see what information the company has in these so-called shadow profiles.
  • “In general, we collect data on people who have not signed up for Facebook for security purposes,” Mr. Zuckerberg told Congress
  • There’s also a form of location data you can’t control unless you delete your whole account. This isn’t the app’s easy-to-turn-off GPS tracking. It’s the string of IP addresses, a form of device identification on the internet, that can show where your computer or phone is each time it connects to Facebook.
  • Facebook says it uses your IP address to target ads when you are near a specific place, but as you can see in your downloaded Facebook data, the log of stored IP addresses can go back years.
  • Location is a powerful signal for Facebook, allowing it to infer how you are connected to other people, even if you don’t identify them as family members, co-workers or lovers
  • All this data, plus the elements Facebook lets you control, can potentially reveal everything from your wealth to whether you are depressed.
  • That level of precision is at the heart of Facebook’s recent troubles: Just because Facebook uses it to accomplish a seemingly innocent task—in Mr. Zuckerberg’s words, making ad “experiences better, and more relevant”— doesn’t mean we shouldn’t be worried.
  • Regulators the world over are coming to similar conclusions: Our personal data has become too sensitive—and too lucrative—to be left without restraints in the hands of self-interested corporations.
  • Facebook, Alphabet Inc.’s Google and a host of smaller companies that compete with and support the giants in the digital ad space have become addicted to the kind of information that helps microtarget ads.
56More

Tibet and China: Early History - 0 views

  • For at least 1500 years, the nation of Tibet has had a complex relationship with its large and powerful neighbor to the east, China. The political history of Tibet and China reveals that the relationship has not always been as one-sided as it now appears.
  • Indeed, as with China’s relations with the Mongols and the Japanese, the balance of power between China and Tibet has shifted back and forth over the centuries.
  • The first known interaction between the two states came in 640 A.D., when the Tibetan King Songtsan Gampo married the Princess Wencheng, a niece of the Tang Emperor Taizong. He also married a Nepalese princess.
  • ...53 more annotations...
  • Tibet and China signed a peace treaty in 821 or 822, which delineated the border between the two empires. The Tibetan Empire would concentrate on its Central Asian holdings for the next several decades, before splitting into several small, fractious kingdoms.
  • Canny politicians, the Tibetans befriended Genghis Khan just as the Mongol leader was conquering the known world in the early 13th century. As a result, though the Tibetans paid tribute to the Mongols after the Hordes had conquered China, they were allowed much greater autonomy than the other Mongol-conquered lands.
  • Over time, Tibet came to be considered one of the thirteen provinces of the Mongolian-ruled nation of Yuan China.
  • The Tibetans transmitted their Buddhist faith to the eastern Mongols; Kublai Khan himself studied Tibetan beliefs with the great teacher Drogon Chogyal Phagpa.
  • When the Mongols' Yuan Empire fell in 1368 to the ethnic-Han Chinese Ming, Tibet reasserted its independence and refused to pay tribute to the new Emperor.
  • After their lifetimes, the two men were called the First and Second Dalai Lamas. Their sect, the Gelug or "Yellow Hats," became the dominant form of Tibetan Buddhism.
  • The Third Dalai Lama, Sonam Gyatso (1543-1588), was the first to be so named during his life. He was responsible for converting the Mongols to Gelug Tibetan Buddhism, and it was the Mongol ruler Altan Khan who probably gave the title “Dalai Lama” to Sonam Gyatso.
  • The Fourth Dalai Lama, Yonten Gyatso (1589-1616), was a Mongolian prince and the grandson of Altan Khan.
  • During the 1630s, China was embroiled in power struggles between the Mongols, Han Chinese of the fading Ming Dynasty, and the Manchu people of north-eastern China (Manchuria). The Manchus would eventually defeat the Han in 1644, and establish China's final imperial dynasty, the Qing (1644-1912).
  • The Dalai Lama made a state visit to the Qing Dynasty's second Emperor, Shunzhi, in 1653. The two leaders greeted one another as equals; the Dalai Lama did not kowtow. Each man bestowed honors and titles upon the other, and the Dalai Lama was recognized as the spiritual authority of the Qing Empire.
  • The Imperial Army then defeated the rebels, but the Emperor recognized that he would have to rule through the Dalai Lama rather than directly. Day-to-day decisions would be made on the local level.
  • China took advantage of this period of instability in Tibet to seize the regions of Amdo and Kham, making them into the Chinese province of Qinghai in 1724.
  • Three years later, the Chinese and Tibetans signed a treaty that laid out the boundary line between the two nations. It would remain in force until 1910.
  • In 1788, the Regent of Nepal sent Gurkha forces to invade Tibet.The Qing Emperor responded in strength, and the Nepalese retreated.The Gurkhas returned three years later, plundering and destroying some famous Tibetan monasteries. The Chinese sent a force of 17,000 which, along with Tibetan troops, drove the Gurkhas out of Tibet and south to within 20 miles of Kathmandu.
  • The Simla Convention granted China secular control over "Inner Tibet," (also known as Qinghai Province) while recognizing the autonomy of "Outer Tibet" under the Dalai Lama's rule. Both China and Britain promised to "respect the territorial integrity of [Tibet], and abstain from interference in the administration of Outer Tibet."
  • Despite this sort of assistance from the Chinese Empire, the people of Tibet chafed under increasingly meddlesome Qing rule.
  • when the Eighth Dalai Lama died, and 1895, when the Thirteenth Dalai
  • none of the incumbent incarnations of the Dalai Lama lived to see their nineteenth birthdays
  • If the Chinese found a certain incarnation too hard to control, they would poison him. If the Tibetans thought an incarnation was controlled by the Chinese, then they would poison him themselves.
  • Throughout this period, Russia and Britain were engaged in the "Great Game," a struggle for influence and control in Central Asia.
  • Russia pushed south of its borders, seeking access to warm-water sea ports and a buffer zone between Russia proper and the advancing British. The British pushed northward from India, trying to expand their empire and protect the Raj, the "Crown Jewel of the British Empire," from the expansionist Russians.
  • Tibet was an important playing piece in this game.
  • the British in India concluded a trade and border treaty with Beijing concerning the boundary between Sikkim and Tibet.However, the Tibetans flatly rejected the treaty terms.
  • The British invaded Tibet in 1903 with 10,000 men, and took Lhasa the following year. Thereupon, they concluded another treaty with the Tibetans, as well as Chinese, Nepalese and Bhutanese representatives, which gave the British themselves some control over Tibet’s affairs.
  • The 13th Dalai Lama, Thubten Gyatso, fled the country in 1904 at the urging of his Russian disciple, Agvan Dorzhiev. He went first to Mongolia, then made his way to Beijing.
  • The Chinese declared that the Dalai Lama had been deposed as soon as he left Tibet, and claimed full sovereignty over not only Tibet but also Nepal and Bhutan. The Dalai Lama went to Beijing to discuss the situation with the Emperor Guangxu, but he flatly refused to kowtow to the Emperor.
  • He returned to Lhasa in 1909, disappointed by Chinese policies towards Tibet. China sent a force of 6,000 troops into Tibet, and the Dalai Lama fled to Darjeeling, India later that same year.
  • China's new revolutionary government issued a formal apology to the Dalai Lama for the Qing Dynasty's insults, and offered to reinstate him. Thubten Gyatso refused, stating that he had no interest in the Chinese offer.
  • He then issued a proclamation that was distributed across Tibet, rejecting Chinese control and stating that "We are a small, religious, and independent nation."The Dalai Lama took control of Tibet's internal and external governance in 1913, negotiating directly with foreign powers, and reforming Tibet's judicial, penal, and educational systems.
  • Representatives of Great Britain, China, and Tibet met in 1914 to negotiate a treaty marking out the boundary lines between India and its northern neighbors.
  • According to Tibet, the "priest/patron" relationship established at this time between the Dalai Lama and Qing China continued throughout the Qing Era, but it had no bearing on Tibet's status as an independent nation. China, naturally, disagrees.
  • China walked out of the conference without signing the treaty after Britain laid claim to the Tawang area of southern Tibet, which is now part of the Indian state of Arunachal Pradesh. Tibet and Britain both signed the treaty.
  • As a result, China has never agreed to India's rights in northern Arunachal Pradesh (Tawang), and the two nations went to war over the area in 1962. The boundary dispute still has not been resolved.
  • China also claims sovereignty over all of Tibet, while the Tibetan government-in-exile points to the Chinese failure to sign the Simla Convention as proof that both Inner and Outer Tibet legally remain under the Dalai Lama's jurisdiction.
  • Soon, China would be too distracted to concern itself with the issue of Tibet.
  • China would see near-continuous civil war up to the Communist victory in 1949, and this era of conflict was exacerbated by the Japanese Occupation and World War II. Under such circumstances, the Chinese showed little interest in Tibet.The 13th Dalai Lama ruled independent Tibet in peace until his death in 1933.
  • Tenzin Gyatso, the current Dalai Lama, was taken to Lhasa in 1937 to begin training for his duties as the leader of Tibet. He would remain there until 1959, when the Chinese forced him into exile in India.
  • In 1950, the People's Liberation Army (PLA) of the newly-formed People's Republic of China invaded Tibet. With stability reestablished in Beijing for the first time in decades, Mao Zedong sought to assert China's right to rule over Tibet as well.
  • The PLA inflicted a swift and total defeat on Tibet's small army, and China drafted the "Seventeen Point Agreement" incorporating Tibet as an autonomous region of the People's Republic of China.Representatives of the Dalai Lama's government signed the agreement under protest, and the Tibetans repudiated the agreement nine years later.
  • On March 1, 1959, the Dalai Lama received an odd invitation to attend a theater performance at PLA headquarters near Lhasa.
  • The guards immediately publicized this rather ham-handed attempted abduction, and the following day an estimated crowd of 300,000 Tibetans surrounded Potala Palace to protect their leader.
  • Tibetan troops were able to secure a route for the Dalai Lama to escape into India on March 17. Actual fighting began on March 19, and lasted only two days before the Tibetan troops were defeated.
  • An estimated 800 artillery shells had pummeled Norbulingka, and Lhasa's three largest monasteries were essentially leveled. The Chinese rounded up thousands of monks, executing many of them. Monasteries and temples all over Lhasa were ransacked.
  • In the days after the 1959 Uprising, the Chinese government revoked most aspects of Tibet's autonomy, and initiated resettlement and land distribution across the country. The Dalai Lama has remained in exile ever since.
  • China's central government, in a bid to dilute the Tibetan population and provide jobs for Han Chinese, initiated a "Western China Development Program" in 1978.As many as 300,000 Han now live in Tibet, 2/3 of them in the capital city. The Tibetan population of Lhasa, in contrast, is only 100,000.Ethnic Chinese hold the vast majority of government posts.
  • On May 1, 1998, the Chinese officials at Drapchi Prison in Tibet ordered hundreds of prisoners, both criminals and political detainees, to participate in a Chinese flag-raising ceremony.Some of the prisoners began to shout anti-Chinese and pro-Dalai Lama slogans, and prison guards fired shots into the air before returning all the prisoners to their cells.
  • The prisoners were then severely beaten with belt buckles, rifle butts, and plastic batons, and some were put into solitary confinement for months at a time, according to one young nun who was released from the prison a year later.
  • Three days later, the prison administration decided to hold the flag-raising ceremony again.Once more, some of the prisoners began to shout slogans.Prison official reacted with even more brutality, and five nuns, three monks, and one male criminal were killed by the guards. One man was shot; the rest were beaten to death.
  • On March 10, 2008, Tibetans marked the 49th anniversary of the 1959 uprising by peacefully protesting for the release of imprisoned monks and nuns. Chinese police then broke up the protest with tear gas and gunfire.The protest resumed for several more days, finally turning into a riot. Tibetan anger was fueled by reports that imprisoned monks and nuns were being mistreated or killed in prison as a reaction to the street demonstrations.
  • China immediately cut off access to Tibet for foreign media and tourists.
  • The unrest came at a sensitive time for China, which was gearing up for the 2008 Summer Olympics in Beijing.The situation in Tibet caused increased international scrutiny of Beijing's entire human rights record, leading some foreign leaders to boycott the Olympic Opening Ceremonies. Olympic torch-bearers around the world were met by thousands of human rights protestors.
  • Tibet and China have had a long relationship, fraught with difficulty and change.At times, the two nations have worked closely together. At other times, they have been at war.
  • Today, the nation of Tibet does not exist; not one foreign government officially recognizes the Tibetan government-in-exile.
14More

Trump Bucks Republican Orthodoxy on Guns - Washington Wire - WSJ - 0 views

  • Photo: iStock/Getty Images By Joshua Jamerson Mar 1, 2018 7:18 am ET 0 COMMENTS Save Article Save Remove View Saved Articles <circ
  • He also dashed conservative hopes that he would support a move now for gun owners who legally carry concealed firearms in one state to carry them in the other 49 states, a long-sought goal of the National Rifle Association.
  • he bucked Republican orthodoxy by suggesting the swift removal of guns from people who are potentially mentally ill,
  • ...10 more annotations...
  • he continued to seek a legislative response to the deaths of 17 people at a Parkland, Fla., high school two weeks ago
  • His comments came the same day&nbsp;Walmart and Dick’s Sporting Goods–two of the country’s biggest gun sellers–said they both would no longer sell guns to anyone under 21 years old.
  • with Democrats saying they doubted the president’s words would yield immediate results, and several key Republicans saying they remained opposed to the Manchin-Toomey legislation that the president said he favored.&nbsp;
  • Mr. Trump has staked out positions on controversial issues in the past, only to surprise some lawmakers with an apparent change of heart later.
  • &nbsp;For more than 20 years, federal law has effectively halted the government’s ability to research gun violence. Now,&nbsp; a bipartisan group of lawmakers&nbsp;is taking another look at the restrictions…C
  • Hope Hicks, the longtime Trump confidant and White House communications director, is resigning. Ms. Hicks, 29 years old, told the president in recent weeks that she wanted to leave the White House to explore outside opportunities, Rebecca Ballhaus and Peter Nicholas report.
  • The bipartisan legislation would relax dozens of rules for small to medium-size banks, shaking up the banking sector with policy changes that could encourage deal-making and make it easier for banks to exp
  • several banks for information about their relationships with Jared Kushner and his finances, Emily Glazer, Erica Orden a
  • News of federal inquiries concerning Kushner Cos. has emerged in recent months, including by prosecutors at the U.S. attorney’s office in Brooklyn and by the Securities and Exchange Commission report
  • The Pentagon is pushing to make the F-35 combat jet cheaper and will take over some repair work to prevent the world’s most expensive military program from becoming unaffordable.
  •  
    Trump promised to restrict gun purchase but the reliability is still a question mark
4More

The History Place - Rise of Hitler: The Beer Hall Putsch - 0 views

  • A series of financial events unfolded in the years 1921 through 1923 that would propel the Nazis to new heights of daring and would even prompt Hitler into attempting to take over Germany.
  • The German currency, the mark, slipped drastically in value. It had been four marks to the U.S. dollar until the war reparations were announced. Then it became 75 to the dollar and in 1922 sank to 400 to the dollar.
  • The National Revolution has begun!" Hitler shouted. "No one may leave the hall. Unless there is immediate quiet I shall have a machine gun posted in the gallery. The Bavarian and Reich governments have been removed and a provisional national government formed. The barracks of the Reichswehr and police are occupied. The Army and the police are marching on the city under the swastika banner!" None of that was true, but those in the beer hall could not know otherwise.
  •  
    Another article on the Beer Hall Putsch. It's interesting how this article emphasized inflation as a factor of the event, and it talked about how Hitler lied often.
16More

France, Burgundy and England | History Today - 0 views

  • The treaty of marriage between Henry V of England and Catherine of France, daughter of Charles VI, sworn in the Cathedral of Troyes on May 21st, 1420, marks the darkest hours of the French monarchy in the fifteenth century. In thirty-one short articles, the treaty made Henry the son of Charles VI and heir, with Henry's own heirs, to the Crown of France. It also made Henry regent until the king's death and gave him the government of the kingdom of France. The 'so-called' dauphin, Charles, was thought to be definitively isolated, having already forfeited his rights after he had had John the Fearless, Duke of Burgundy, assassinated at Montereau on September 10th, 1419
  • On the borders of the territories where he strove to impose his authority as regent and heir to France, the Dukes of Brittany (John V) and of Burgundy (Philip the Good), contrived to safeguard their de facto independence
  • The unexpected death of Henry V on August 31st, 1422, and the long-awaited death of Charles VI (October 21st, 1422), the brutal regency of the Duke of Bedford, and the Amiens alliance of April 1423 between the three dukes (Bedford, Brittany, Burgundy), all contributed, to different extents, to aggravate the political conflict
  • ...13 more annotations...
  • The recovery of Orleans and the coronation of Charles VII at Reims on July 17th, 1429 mark a turning point for the future also because, by that time, a real national feeling and the concept of patriotism had gained ground
  • Furthermore, the result of Henry V's and Bedford's policy of granting newly conquered land to the English soldiers, was that those who had nothing in England stayed in France to defend and increase their new possessions. For those who already had land in England, the time came when holding estates on both sides of the Channel became impossible and they had to make their choice.
  • Never did Henry VI acknowledge the Duke of Burgundy's claims on the French monarchy and, for his part, the Duke obstinately refused to meet Henry VI during the period the latter was in France from April 1430 to February 1432. Excluded from any participation in the control of the government of France, Philip the Good was able, at leisure and under cover of this alliance, to increase his possessions in the Low Countries
  • In an article published in England and her Neighbours 1066-1453: Essays in Honour of Pierre Chaplais edited by M.C.E. Jones and M.G.A. Vale (Hambledon Press, 1989), Maurice Keen offers a stimulating explanation of the English disaster in the 1450s.
  • Armstrong has drawn attention to the close cultural links between England and Burgundy in the early fifteenth century and has shown that the real instigator of the treaty of Troyes was Philip the Good. For his part, Andre Legay (Poitiers colloquium) developed the idea that, if the Anglo-Burgundian alliance did last until the reconciliation of Charles VII and Philip the Good at the treaty of Arras (September 21st, 1435), it remained nevertheless fragile and limited
  • After Formigny (April 15th, 1450) and Castillon (July 17th, 1453), the inglorious truce agreed upon by Edward IV and Louis XI at Picquigny on August 29th, 1475, was yet another injury to England's pride. However, as Charles Ross in Edward IV (Methuen, 1974) points out, 'the days when England, even in alliance with Burgundy, could seriously challenge the most powerful and wealthy state in Europe were long since past
  • The very title of the colloquium, 'La France de la Fin du XV' siecle: Renouveau et Apogee' (published in 1985 by Editions du CNRS), shows to what extent the fundamental research carried out over the last twenty years has improved our understanding of the kingdom of Louis XI, Charles VIII and Louis XII, and has altered the old image of a France lacking any real identity and torn between the waning of the Dark Ages and the emergence of modernity
  • The incorporation of the ducal apanage of Burgundy was one of the major preoccupations of Louis XI
  • Therefore, Louis XI and Charles VIII had to battle against a real state, which had its own institutions and an efficient and organised army, and which was the mainstay of all the French and foreign oppositions (particularly English) to the progression of the French monarchy. It was only at the end of the 1487-91 war, and after the marriage of the Duchess Anne to Charles VIII (December 6th, 1491) and later to Louis XII (January 8th, 1499) that Brittany was united with France
  • The custom was first followed in France in the case of the funeral of Charles VI, a few weeks after the funeral of Henry V of England where this practice had been followed, and it is likely that the English presence in Paris influenced French custom in this respect
  • The failure of Richard II who, in the 1390s, instead of building up a retinue which reflected, and therefore drew strength from the realities of local politics, 'tried to establish local power-structures which reflected the image of his own court', is similar to the one Richard lII suffered in 1483-85
  • The monarchs were able to rely on a more numerous and permanent administration, loyal to the continuation of the State, and therefore they were less dependent upon their network of patronage. Peter Lewis (Tours colloquium, 1983) refutes the idea that Louis XI's pensioners could have formed a royal clientage: 'they did not represent a monarchical clan, but were para-administrators carrying out para-administrative tasks
  • a group of men, most of them closely related, who monopolised the most eminent functions and offices and who behaved as the masters of the realm (Recherches sur le personnel du Conseil du Roi sous Charles VIII et Louis XII, Librairie Honori Champion, 1980)
47More

In the Blood - The Secret History of the Habsburgs | History Today - 0 views

  • 18th-century succession crisis unlocks a tale of dynastic obsession and myth-history in Austria's first family
  • Charles had devoted his whole adult life to maintaining the Habsburg claim to the Spanish throne. From 1705 when he first arrived in Barcelona he saw himself as the only rightful king of Spain. He never accepted the accession of the Bourbon claimant, Philip V, under the Peace of Utrecht in 1713, and thereafter anything that smacked of a French influence was guaranteed to rouse him to fury
  • his brother Joseph I
  • ...44 more annotations...
  • his father Leopold I
  • With his death, that pre-eminence of the House was challenged
  • So, even if the last Habsburg's death had no sinister implications, it was potentially a catastrophe for the dynasty. Charles had no male heir, and his daughters could not succeed him to the Imperial throne. The laws of the Empire permitted only a male to sit on the throne of Charlemagne
  • Among the Habsburgs, gender was less important than blood
  • among the Habsburgs, as opposed, to say, the Valois or the Bourbons, the reality of female power and authority was accepted. Thus Charles' daughters could succeed to his titles and lands but they could not become Holy Roman Emperor
  • Since Frederick III had been crowned Holy Roman Emperor in Rome in 1452, the Imperial title had become almost synonymous with the Habsburgs. They had been elected since 1438 in an unbroken succession to the most dignified and honourable office in Christian Europe. Sometimes there had been other challengers and, on occasion, it had seemed likely that the title would pass to another claimant. But the Habsburgs had always succeeded in persuading sufficient electors to favour their candidate
  • it obscured the real power that a Holy Roman Emperor could exercise
  • While the power and effectiveness of the Reich was undoubtedly waning, especially after the peace settlement at Westphalia in 1648, it was, paradoxically, becoming a more effective instrument of Habsburg power
  • its sanctions still carried weight
  • The Emperor Leopold I, in 1687 and 1705, had moved away from the notion of the equal claim towards establishing the precedence of the senior line, with males inheriting first and then females.
  • deprived the daughters of Joseph I, and established that the new primogeniture would begin with his own children. When Charles presented this edict he was initiating a constitutional revolution
  • It is worthwhile noting that Charles' concerns were for the future. In 1715, despite ten years of marriage, he had no heir
  • the lands ruled by the Habsburgs should never be divided, and he was mindful of the wrangles over the Spanish inheritance of his cousin Carlos II, which ultimately deprived him (he believed) of the throne of Spain
  • However, there was a strong body of legal opinion that suggested that so powerful were these claims ‘of blood' that no prior agreement could abrogate them, and certainly nothing could prevent their rights being transmitted to the future children of a female Habsburg
  • The Pragmatic Sanction assumed that males would come before females in order of inheritance, but if there were no male heirs, then a female could inherit all the powers and rights due to the head of the house of Habsburg
  • it was accepted that a female Habsburg could wear the Crown of St Stephen. Constitutional lawyers would insist that, technically speaking, Maria Theresa should become ‘King of Hungary’, although she was always referred to as Queen of Hungary
  • The sudden death of Charles produced a crisis for the Habsburgs, firstly in the political domain, but secondly, in the area of dynastic ideology
  • set apart from ordinary humanity, the chosen vessels of God's will
  • The Habsburgs had made so much of their long ancestry, of the male descent through the generations, since the time of the first Rudolf
  • To describe Charles VI as the ‘last of the Habsburgs’ plays to a widely-held legend of the enfeeblement of the Habsburg line
  • The Habsburgs, from the founder of the family's fortune, Emperor Rudolf I in the thirteenth century, had sedulously constructed a myth of their origins which set them apart from ordinary humanity
  • his descendent Carlos II of Spain
  • This grotesque appearance lay behind the assumption that the Habsburgs had died out in the male line for genetic reasons, as a consequence of their deliberate policy of marrying within the family which they had followed since the middle of the sixteenth century
  • In fact the failure of the Habsburg line had much more to do with epidemic disease and poor standards of infant care in the Habsburg palaces than with any genetic taint
  • The lack of a male heir may have had a hereditary element, because there were many more female than male births in the House of Habsburg, but the disappearance of the male line was more an accident than a sign of waning procreative powers.
  • or this reason he never accepted that it was his elder daughter Maria Theresa who would succeed him, and had done nothing to introduce her to the complexities of government
  • The rules and taboos which constrained other ruling houses were transmuted by the Habsburgs' notion of their own unique collective identity
  • it marked their ancient heritage
  • And most Habsburg rulers year by year, right up until the death of the Emperor Franz Joseph in 1916, played a solemn part in the annual Corpus Christi procession through the streets of Vienna
  • It was for this reason that the Darks of Habsburg identity, like the jutting jaw, were a mark of honour not a disfigurement
  • It had been the grimly practical Wallenstein and not the Virgin Mary who had rescued the Habsburg cause in the 1630s. In the 1740s Maria Theresa saved her inheritance with a steely will and an unswerving determination to succeed
  • Her response, conditioned both by her character and the exigencies of the circumstances, was very different from her fussy and pedantic father, obsessed with the lost throne of Spain
  • A young woman inherited the crowns and possessions of her father, but also an empty treasury and an army commanded by dotards. The process by which she stiffened the resolve of her generals, won the nobility and gentry of Hungary to her cause, and organised the resistance to the Prussian, Bavarian and French armies has itself achieved the quality of myth
  • Maria Theresa was as involved with the identity of the house of Habsburgs as he had been. She followed her father in his obsessive concern for the safe keeping of the bones of their ancestors
  • Maria Theresa's son Joseph II has been nicknamed ‘The Revolutionary Emperor' by one of his biographers
  • The transformation which she inspired and then enforced on her territories was less dramatic (and less publicised) than Joseph’s: it was also a lot more successful and longer lasting. The crisis of Maria Theresa's first years and the subsequent revival of Habsburg power is most often looked upon in external terms, both political and economic
  • She moved away from the reliance on the Imperial title as a principle source of Habsburg legitimacy
  • However, even then, she refused to be crowned as Empress, preferring the titles she held in her own right to the crowns of Hungary and Bohemia
  • Mother of the Country
  • who ruled briefly as Leopold II, knew better than either of them how to play the twin chords of coercion and free expression
  • But the Habsburgs, from Maria Theresa onwards, turned their backs on the tradition of grandeur and portrayed themselves as the first servants of the nation
  • he believed as ardently as any of his predecessors in the unique role and mission of his clan
  • Historians have come to regard Maria Theresa as one of the most significant and innovative of the long line of Habsburg rulers
  • The potential catastrophe of the 1740s was that the Habsburg lands, like Poland a generation later, might have been dismembered or at best much reduced in scale and power
48More

How the Fed Should Fight Climate Change - The Atlantic - 0 views

  • Mark Carney, a former Goldman Sachs director who now leads the Bank of England, sounded a warning. Global warming, he said, could send the world economy spiraling into another 2008-like crisis
  • He called for central banks to act aggressively and immediately to reduce the risk of climate-related catastrophe
  • the U.S. Federal Reserve was the pivotal American institution in stopping a second Great Depression. Its actions were “historically unprecedented, spectacular in scale,” he writes, and widely understood by experts to be the “decisive innovation of the crisis.”
  • ...45 more annotations...
  • “If the world is to cope with climate change, policymakers will need to pull every lever at their disposal,” he writes. “Faced with this threat, to indulge in the idea that central banks, as key agencies of the state, can limit themselves to worrying about financial stability … is its own form of denial.”
  • In England, by contrast, Carney has convened 33 central banks to investigate how to “green the financial system.” According to Axios, every powerful central bank is working with him—except for Banco do Brasil and the Fed.
  • Mark Carney, the governor of the Bank of England, in 2015, in a speech which has subsequently received massive coverage—and he is a man, after all, absolutely of the global financial establishment—coined the idea of a climate Minsky moment. [Editor’s note: A Minsky moment is when an asset’s price suddenly collapses after a long period of growth.]
  • We would need [fossil-fuel assets] to be on the balance sheet of actors who were under huge pressure in a fire-sale situation and who couldn’t deal with a sudden revaluation. We would need an entire network of causation to be there, which is what produced the unique crisis of 2007 to 2008.
  • So imagine that we stay on our current path, and we’re headed toward 3 or 4 degrees’ [Celsius] temperature change. And then imagine some of the nonlinearities kick in, which the climate scientists tell us about, and we face a Fukushima-style event.
  • What happens next? You then get nervous democratic politicians—and not necessarily those who are known for their populism, but just nervous democratic politicians—suddenly deciding that we have to stop doing one or another part of our carbon-based economy. It has to stop, and it has to stop immediately. And then you get big shocks. Then you get sudden revaluations.
  • In other words, the success of the delaying tactics of the carbon lobby create a situation in which we’re then faced with the possibility of a sudden regulatory shock
  • “One-third of equity and fixed income assets issued in global financial markets can be classified as belonging to the natural resource and extraction sectors, as well as carbon-intensive power utilities, chemicals, construction, and industrial goods firms.”
  • Whether that will, in fact, ease the formation of majorities in Congress is another question. Because, after all, it does somehow have to get through the Senate, you know.
  • Germany is far, far more exposed. A huge slice of their economy is basically all about internal combustion engines, and so that number includes all of those stocks, for sure.
  • If we saw a huge shock to, say, European equity [exchange-traded funds], which were heavily in German automotive, that’s the sort of trigger that we might be looking at.
  • This is not simply a zero-sum game; this is a structural transformation that has many very attractive properties. There’s loads of excellent jobs that could be created in this kind of transition.There’s no reason why, even by conventional GDP-type metrics, it need even be associated with the kind of feel-bad factor of slow GDP growth. Then [you could] also link it to a revival of social democracy for the United States. From a progressive political point of view, that’s obviously extremely attractive.
  • there’s also a deeper view: that climate change is the situation within which all other politics will happen for the next several generations, at least.
  • ever since the 1990s that’s been the logjam on any serious American commitment.
  • When you look at a third of securities tied up in the carbon economy and the evidence for decoupling GDP growth from carbon emissions maybe not being as strong as we’d like, do you think the change that needs to happen is realistic?
  • Tooze: Realistic? No. I mean, depends what you mean by realism. The scale of the challenge requires a boldness of action for which there is no precedent. That’s the only good purpose that the war analogies serve
  • Meyer: In your piece, you write: “Those in the United States who call for a Green New Deal or a Green Marshall Plan are, if anything, understating the scale of what is needed.”
  • Do you think climate action needs to be larger than, say, the U.S. mobilization for World War II?
  • Tooze: Well, less large in absolute terms. Because even the U.S. was spending almost 40 percent of GDP on World War II. And if you’re the Soviet Union, you’re spending 55 to 60 percent in 1940. We don’t need to do anything like that. It needs to be much bigger than the New Deal, which in fiscal-policy terms was really quite trivial.
  • Crucially, what makes it totally unlike the war is that there’s no happy end. There’s no moment where you win and then everything goes back to the way it was before, but just better. That’s a misunderstanding
  • This isn’t crash dieting; this is a permanent change in lifestyle, and we need to love that and we need to live it and we need to own it and we need to reconcile ourselves to the fact that this is for us and for all subsequent generations of humans.
  • It isn’t just the oil and gas majors, because they wouldn’t get you to 30 percent. Exxon isn’t big enough to get you to that kind of percentage. It’s Exxon, and [the major automakers] Daimler and BMW, and the entire carbon-exposed complex.
  • all the really hard choices need to be made by people like China and India and Pakistan and Bangladesh and Indonesia
  • You don’t have that very much in Germany. There isn’t anyone in Germany saying, “Which bit of mid-20th-century history is this most like?,” mercifully. The one analogy that has popped up in Germany is reunification, which I actually think is quite a good one, because that’s still an ongoing problem
  • in the American case, it would be civil rights and Reconstruction, which isn’t a particularly optimistic comparison to draw. It’s an ongoing problem, it’s a deep historic problem, it only happened once, we still haven’t fixed it, and we’re not at peace.
  • Meyer: There’s a kind of shallow view of climate change: that it is something we need to avert or stop. And that’s somewhat true
  • furthermore—and much more fundamentally than any of those things—this isn’t really about America. I mean, America can be an obstacle and get in the way, but none of the really hard choices needs to be made by Americ
  • like Reconstruction or the civil-rights movement, it needs to be something that people take on like a moral commitment, in the same way they take on genocide prevention as a moral commitment
  • problems that we thought we’d fixed, like the Green Revolution and the feeding of the world population, for instance—totally not obvious that those fixes cope with the next 20 years of what’s ahead of us. The food problem that was such an oppressive issue globally in the 1970s may resurge in an absolutely dramatic way.
  • Meyer: Given all that, if Jerome Powell decided that he wanted to intervene on the side of climate action, what could he do? What could the Fed do?
  • Tooze: What I think the Fed should announce is that it enthusiastically supports the idea of a bipartisan infrastructure push focused on the American electrical network, first and foremost, so that we can actually hook up the renewable-generating capacity—which is now eminently, you know, realistic in economic terms. Setting a backstop to a a fiscal-side-led investment push is the obvious thing.
  • It is indeed a highly appropriate response to an environment of extremely low interest rates, and [former Treasury Secretary] Larry Summers &amp; Co. would argue that it might help, as it were, to suck us out of the state of secular stagnation that we’re in.
  • another avenue to go down—for the Fed to take a role in helping develop a classification of green bonds, of green financing, with a view also to rolling out comprehensive demands for disclosure on the part of American firms, for climate risks to be fully declared on balance sheets, and for due recognition to be given to firms that are in the business of proactively preparing themselves for decarbonization.
  • You could, for instance, declare that the Fed views with disfavor the role of several large American banks in continuing to fund coal investment. Some of the carbon-tracking NGOs have done very good work showing and exposing the way in which some of the largest, the most reputable American banks are still in the business of lending to Big Coal. Banking regulation could be tweaked in a way that would produce a tilt against that.
  • the classic role of the Fed is to support government-issued debt. Insofar as the Green New Deal is a government-issued business, the Fed has just an absolutely historical warrant for supporting fiscal action.
  • with regards to the broader economy, the entire federal-government apparatus essentially stood behind the spread of home ownership in the United States and the promotion of suburbanization through the credit system. And kind of what we need is a Fannie Mae and Freddie Mac for the energy transition.
  • if the question is, Is there historical warrant for the financial agencies of government in the United States biasing the property structure in the economy in a certain way?, the answer is emphatically yes—all the way down to the grotesque role of the New Deal financial apparatus in enshrining the racial segregation of the American urban space, with massive effects from the 1930s onward.
  • The idea of neutrality should not even be allowed in the room in this argument. It’s a question of where we want to be biased. If you look at QE, especially in the U.K. and the EU, it was effectively fossil-biased.
  • monetary policy is not neutral with regards to the environment. There’s no safe space here. The only question is whether you’re going to lead in the right way
  • Meyer: Last question. With any of this, is there a role for interested Americans to play if they are not particularly tied to the financial- or monetary-policy elite?
  • Tooze: Support your congressperson in doing exactly what AOC did in the hearings with Powell a couple of weeks ago
  • [Editor’s Note: Representative Alexandria Ocasio-Cortez asked Powell whether inflation and unemployment are still closely connected, as the Fed has long argued.]
  • Applaud, follow with interest, raise questions. That’s exactly what needs to be happening. The politicization of monetary policy is a fact.
  • If we don’t raise these questions, the de facto politics is, more often than not, conservative and status quo–oriented. So this, like any other area, is one where citizens—whether they’re educated and informed or not—need to wise up, get involved, and follow the arguments and develop positions.
  • So applaud your congresspeople when they do exactly what AOC was doing in that situation. In many ways, I thought it was one of the most hopeful scenes I’ve seen in that kind of hearing in a long time.
« First ‹ Previous 61 - 80 of 951 Next › Last »
Showing 20 items per page