Does A.P. Really Think Conservatives Invented Plagiarism Accusations?


Claudine Gay | Graeme Sloan/Sipa USA/Newscom

Claudine Gay has resigned as president of Harvard University, though she will keep her job as a faculty member in the political science department—and her $900,000 a year salary. That’s something of an achievement, given that her misdeeds were academic in nature: Gay was caught plagiarizing numerous passages from other scholars.

But in some corners of the media, the fact she committed plagiarism matters much less than the reality that it was conservative writers who caught her. The Washington Free Beacon‘s Aaron Sibarium (a reporter at a right-leaning news website) performed the lion’s share of the digging; Christopher Brunet (a conservative writer), Christopher Rufo (a conservative writer and activist), and Phil Magness (a libertarian economic historian) also made important contributions. Astonishingly, some mainstream standards-keepers have decided that the ideologies of the accusers have essentially discredited the accusations.

Cue the Associated Press (A.P.), which posted the following, remarkable observation on X (formerly Twitter): “Harvard president’s resignation highlights new conservative weapon against colleges: plagiarism.”

The tweet is doubly wrong: It inadvertently suggests that plagiarism is the weapon conservatives are wielding—as if conservatives are committing plagiarism—when the so-called weapon is actually plagiarism allegations. But in either case, the framing is ludicrous. Conservatives did not invent this idea; on the contrary, many mainstream journalists have made entire careers out of digging up speeches, books, and articles written by conservatives, and checking them for plagiarism.

To take just one prominent example, consider Andrew Kaczynski, a reporter for CNN. Kaczynski is a prolific discoverer of plagiarism committed by conservatives. He exposed conservative television personality Monica Crowley, rightwing Sheriff David Clarke, and many others. Was his work ignored because it is, on some level, politically motivated? Of course not. (To his credit, Kaczynski criticized the A.P.’s framing; CNN has made worthwhile contributions to the Gay plagiarism story.)

To make things abundantly clear, the media has never chosen to ignore a plagiarism scandal or write it off as trivial or unfair, merely because the accuser has a political agenda. Plagiarism allegations derailed the 1988 presidential campaign of then Sen. Joe Biden (D–Del.), who was accused by The New York Times and others of copying elements of a speech by British Labour Party Leader Neil Kinnock. Biden also copied from both John F. Kennedy and Robert Kennedy, and “did something very stupid”—his words—in law school, when he stole five pages from a law review article and submitted them as part of a legal brief.

You would have to have been born yesterday to think that allegations of plagiarism are a new political weapon invented by conservatives.

Alas, other aspects of the media narrative surrounding Gay’s ouster are just as depressing. Multiple commentators have decided that Gay was ultimately forced out because of racism. New York Times opinion writer Mara Gay (no relation, as far as I know) said that Gay’s critics were actually attacking “diversity” and “multiculturalism.” “You can see and hear the racism,” she said on MSNBC. The TimesNikole Hannah-Jones expressed similar sentiments. Rev. Al Sharpton said the departure of Gay was an attack on “every black woman.” Ibram X. Kendi, an anti-racist scholar, blamed a “racist mob.”

Is it racist to demand that the president of Harvard University be held to the same standard as other faculty members? The same standard as her students? Harvard takes plagiarism very seriously when students are concerned. As one member of Harvard College’s Honor Council wrote in an editorial for The Harvard Crimson: “There is one standard for me and my peers and another, much lower standard for our University’s president.”

Saying that Gay was ousted because she’s a black woman is insulting to hardworking scholars of all races and sexes. She was the president of the most elite educational institution in the country, and was finally held accountable for obvious and verifiable academic wrongdoing. And she’s still going to be teaching.

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Former Arizona Gov. Doug Ducey Loves Barry Goldwater and Milton Friedman


Doug Ducey | Lex Villena

This week’s episode of The Reason Interview With Nick Gillespie is hosted by Reason Editor in Chief Katherine Mangu-Ward. She sat down with former Arizona Gov. Doug Ducey.

During his two terms as governor, Ducey managed to pass a flat income tax with a rate of 2.5 percent, reform public sector pensions, universalize important school choice measures, reform occupational licensing rules, turn a budget deficit into a surplus, and substantially shrink the size of the government work force. He also built a makeshift border wall out of shipping crates, pushed back on marijuana legalization, and was accused of doing both too much and too little by his constituents during the COVID pandemic. Today, he runs Citizens for Free Enterprise.

In December, Ducey received the Reason Foundation’s Savas Award for Privatization, which is given annually to someone who is advancing innovative ways to improve the provision and quality of public services by engaging the private sector. In this week’s episode, he talks to Mangu-Ward about his worries for the future of the Republican Party, his commitment to fusionism, and why Arizona politicians are so weird.

Watch the full video here.

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En Banc Fifth Circuit Rejects FDA’s Vaping Regulation “Surprise Switcheroo”

Today, the U.S. Court of Appeals for the Fifth Circuit issued its long-awaited en banc decision in Wages and White Lion Investments, L.L.C. v. Food & Drug Administration, in which it considered a challenge to the FDA’s denial of vaping product applications. By a vote of 10-6, the court handed the FDA a substantial loss, and deepened the circuit split over the FDA’s handling of vaping product applications.

This is the Fifth Circuit’s third Wages & White Lion opinion. A panel of the court had initially stayed the FDA’s enforcement of its prohibition on the sale unapproved vaping products, but a separate panel reversed course, upholding the FDA. Now, sitting en banc, the Fifth Circuit has again ruled against the FDA, taking the agency to task its arbitrary treatment of Wages & White Lion’s product applications and, by implication, those submitted by dozens of other manufacturers as well.

Judge Oldham wrote for the Court. He was joined by Chief Judge Richman and Judges Jones, Smith, Elrod, Willett, Ho, Duncan, Engelhardt, and Wilson. Judge Haynes wrote the principal dissent, joined by Judges Stewart, Southwick, Higginson, and Douglas. Judge Graves also dissented separately.

Judge Oldham’s opinion begins:

Over several years, the Food and Drug Administration (“FDA”) sent manufacturers of flavored e-cigarette products on a wild goose chase.

First, the agency gave manufacturers detailed instructions for what information federal regulators needed to approve e-cigarette products. Just as importantly, FDA gave manufacturers specific instructions on what regulators did not need. The agency said manufacturers’ marketing plans would be “critical” to the success of their applications. And the agency promulgated hundreds of pages of guidance documents, hosted public meetings, and posted formal presentations to its website—all with the (false) promise that a flavored-product manufacturer could, at least in theory, satisfy FDA’s instructions. The regulated manufacturers dutifully spent untold millions conforming their behavior and their applications to FDA’s say-so.

Then, months after receiving hundreds of thousands of applications predicated on its instructions, FDA turned around, pretended it never gave anyone any instructions about anything, imposed new testing requirements without any notice, and denied all one million flavored e-cigarette applications for failing to predict the agency’s volte face. Worse, after telling manufacturers that their marketing plans were “critical” to their applications, FDA candidly admitted that it did not read a single word of the one million plans. Then FDA denied that its voluminous guidance documents and years-long instructional processes meant anything. Why? Because, the agency said, it always reserved the implied power to ignore every instruction it ever gave and to require the very studies it said could be omitted, along with the secret power to not even read the marketing plans it previously said were “critical.” It was the regulatory equivalent of Romeo sending Mercutio on a wild goose chase—and then admitting there never was a goose while denying he even suggested the chase. Cf. William Shakespeare, Romeo and Juliet act 2, sc. 4.

FDA justifies its behavior with two principal arguments. First, FDA argues that its years’ worth of regulatory guidance was not worth the paper it was printed on because it was hedged with cautious qualifiers and never guaranteed that any particular submission would be granted. Second, and most disturbingly, FDA argues that its capriciousness should be forgiven as harmless because the agency promises to deny petitioners’ applications even if we remand to make the agency follow the law.

Today we reject both propositions. As the Supreme Court recently reminded us: “If men must turn square corners when they deal with the government, it cannot be too much to expect the government to turn square corners when it deals with them.” Niz-Chavez v. Garland, 593 U.S. 155, 172 (2021). No principle is more important when considering how the unelected administrators of the Fourth Branch of Government treat the American people. And FDA’s regulatory switcheroos in this case bear no resemblance to square corners. As for the agency’s harmless-error argument, the Supreme Court recently, unanimously, and summarily rejected it. Calcutt v. FDIC, 598 U.S. 623 (2023) (per curiam). We do the same here with the expectation that FDA will give petitioners the benefit of a full and fair regulatory proceeding on remand, notwithstanding its prior promises to reject their applications no matter what.

While the majority expected the FDA to comply with administrative law norms of fair notice and non-arbitrary treatment, the dissenters adopted a more permissive posture, concluding that vaping product manufacturers had failed to demonstrate that their products satisfied the FDA’s regulatory standards.

This view may have commanded majorities on most circuit courts to consider the quesiton, but it did not command a majority of the Fifth Circuit. Wrote Judge Oldham:

FDA’s counterargument boils down to this: Some other circuits agree with the agency. It is true that five circuits have sided with FDA, while the Eleventh Circuit and ours have found the agency acted arbitrarily and capriciously. But law is not a nose-counting exercise. Compare, e.g., Cochran v. SEC, 20 F.4th 194, 237 (5th Cir. 2021) (en banc) (Costa, J., dissenting) (“Five circuits have considered the question. By a count of 15-0, every judge deciding those cases has [found no jurisdiction.]”), with Axon Enter., Inc. v. FTC, 598 U.S. 175, 195–96 (2023) (unanimously finding jurisdiction in Cochran). Rather, the relevant question is whether our sister circuits have spotted a defect in petitioners’ arguments that we have missed. With deepest respect for our colleagues who have seen this case the other way, we think not.

The question now is whether the Just Department will seek Supreme Court review. Thus far, the Court has shown little interest in taking a vaping case, at least when cert petitiotns have been filed by manufacturers of denied products. Now that there is a clearer circuit split, and the FDA may be seeking review, perhaps the Court will change its mind.

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US Slams Hardline Israeli Ministers For Plan To Expel Palestinians From Gaza

US Slams Hardline Israeli Ministers For Plan To Expel Palestinians From Gaza

The Biden administration continues to clash with Israel over Gaza war policy, especially the question of the “day after” Hamas and how the Gaza Strip will be administrated. The White House has sought to advance a plan that would see the West Bank-based Palestinian Authority (PA) under Mahmoud Abbas eventually take control of the Strip. Prime Minister Netanyahu has been adamant in rejecting this, decrying the PA as terror sympathizers and supporters.

Washington on Tuesday condemned remarks by two top Israeli ministers who expressed a policy of fostering the migration of Palestinians from the Strip. Hardline Finance Minister Bezalel Smotrich and Minister of National Security Itamar Ben Gvir both said Monday they not only want “encourage the migration” of Palestinians from Gaza but they want to begin establishing Jewish settlements in place of Palestinian homes.

Ben Gvir, via Reuters

In October, a UN expert warned that Israel’s actions were tantamount to textbook ethnic cleansing, given it sets forth a systematic vision of expelling people from their homes and land based on ethnicity.

Here’s what the controversial ministers said, according to Israeli media translation:

The war presents an “opportunity to concentrate on encouraging the migration of the residents of Gaza,” Ben Gvir told reporters and members of his far-right Otzma Yehudit party, calling such a policy “a correct, just, moral and humane solution.”

“We cannot withdraw from any territory we are in in the Gaza Strip. Not only do I not rule out Jewish settlement there, I believe it is also an important thing,” he said.

The “correct solution” to the ongoing Israeli-Palestinian conflict is “to encourage the voluntary migration of Gaza’s residents to countries that will agree to take in the refugees,” Smotrich told members of his Religious Zionism party, predicting that “Israel will permanently control the territory of the Gaza Strip,” including through the establishment of settlements.

Supporters of this plan have previously urged Arab countries like Egypt or Qatar to take in expelled Palestinians. Arab leaders have reacted fiercely against the statements, rejecting that it’s so much as a possibility that can be broached.

Importantly, the US State Department issued the following swift rebuke on the same day the statements were made by the Israeli officials: “The United States rejects recent statements from Israeli Ministers Bezalel Smotrich and Itamar Ben Gvir advocating for the resettlement of Palestinians outside of Gaza. This rhetoric is inflammatory and irresponsible,” State Department spokesman Matt Miller said at a briefing.

Miller also noted this is not the official policy of the Netanyahu government, saying the Biden administration has been informed “repeatedly and consistently by the Government of Israel, including by the Prime Minister, that such statements do not reflect the policy of the Israeli government. They should stop immediately.”

But it remains that Netanyahu has been on record as seeking to convince Arab countries to “absorb” Palestinians, a policy he repeated only last week at a Likud party meeting.

Following the State Department’s rebuke, Ben Gvir didn’t back down but actually hit back, saying “We highly value America’s friendship, but respectfully, we aren’t another star on the American flag.” He added: “We’ll do what’s best for Israel: facilitating the relocation of hundreds of thousands from Gaza will allow those in the Israeli-Gaza border communities to return home and live securely while safeguarding the IDF soldiers.”

Still, the US has refused to impose ‘conditions’ on Israel’s use of American-supplied weaponry, and has done nothing to slow the flow of defense aid, which Israeli forces have been using on Gaza in the fight against Hamas.

Tyler Durden
Wed, 01/03/2024 – 17:20

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Review Shows COVID-19 Vaccines “Significantly” More Deadly Than Flu Shots: Sen. Ron Johnson

Review Shows COVID-19 Vaccines “Significantly” More Deadly Than Flu Shots: Sen. Ron Johnson

Authored by Samantha Flom via The Epoch Times,

An analysis of Vaccine Adverse Event Reporting System (VAERS) data indicates that the COVID-19 vaccines are “significantly” more deadly than the flu vaccine, according to Sen. Ron Johnson (R-Wis.).

The review was conducted by the senator’s staff and involved a certain level of assumption given that no publicly available data exist regarding how many flu vaccine doses were administered in the United States over the past 10 years.

Using the number of distributed doses to generate that figure, they found that the number of deaths per million doses of the COVID-19 vaccines (25.5) far exceeded those estimated for the flu vaccine (0.46).

“Using the midpoint assumption that 70 percent of distributed flu vaccines were administered, the 25.5 deaths per million doses of the COVID-19 vaccine represents a 55-fold increase over the flu vaccine deaths per million doses,” Mr. Johnson wrote in a Dec. 21 letter to the heads of the Department of Health and Human Services, U.S. Food and Drug Administration, and Centers for Disease Control and Prevention.

“This is a shocking difference and only adds to the growing evidence of safety signals that are screaming to be taken seriously,” he added.

Mr. Johnson cited the study as part of a request for internal studies, documents, and data surrounding the COVID-19 vaccines’ development and safety.

“When it comes to responding to my data requests on the adverse events associated with the COVID-19 vaccines, your arrogant lack of transparency has been unprecedented, irresponsible, and completely unacceptable,” chided the senator, who serves as the top Republican on the Senate’s Permanent Subcommittee on Investigations.

“Over the course of the last 32 months, I have raised questions, sent formal requests, and conducted oversight on the safety and efficacy of the COVID-19 vaccines.

“Instead of addressing my legitimate questions and requests for information, you and other public health officials continue to promote the COVID-19 vaccines as safe and effective and often use the number of vaccine doses administered as support for that misleading claim.”

He also requested that the agencies advise whether they were aware of and had acted on another recent study published in Nature that has raised additional concerns about the safety of the Pfizer vaccine—namely, whether it produces “off-target,” or unintended, proteins that could potentially elicit harmful immune responses.

The administration officials have been given until Jan. 18 to produce the requested information.

Mr. Johnson’s letter coincided with a survey published on Dec. 21 by the JAMA Network revealing that Americans are more skeptical of the COVID-19 vaccines’ safety than that of the flu vaccine.

Conducted between July 7 and July 16, 2023, the survey found that 55 percent of respondents believed the flu vaccine to be “very safe,” while just 41 percent said the same about the COVID-19 vaccines.

Meanwhile, a majority (51 percent) said they were worried about the safety of the COVID-19 vaccine, compared to only 24 percent who expressed concern about the flu vaccine’s safety.

The results also showed that more people are “not at all likely” to get vaccinated against COVID-19 this year (28 percent) than the flu (22 percent), with 60 percent of respondents saying they wanted more research conducted on the former shot. Just 24 percent said the same about the flu vaccine.

Yet on the question of efficacy, nearly the same percentage of respondents claimed the COVID-19 vaccines (42 percent) and flu vaccines (40 percent) are effective against serious illness and hospitalization.

In a Nov. 22 post, the CDC conceded that “COVID-19 vaccine uptake is lower than we’d like to see.”

As of Nov. 4, only 14 percent of U.S. adults were estimated to have received the updated vaccines.

Tyler Durden
Wed, 01/03/2024 – 17:00

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WTI Holds Day’s Gains After API Reports Big Crude Draw

WTI Holds Day’s Gains After API Reports Big Crude Draw

Crude prices soared today, round-tripping yesterday’s losses, after traders apparently woke up to the tensions in the MidEast.

Traders have largely looked past shipping disruptions in the Red Sea and the threat of a wider war in the Middle East over the past few weeks as those factors have yet to impact global oil supply and output, but the Danish shipping giant Maersk said today it would indefinitely suspend shipments through the Red Sea.

But major fatalities following explosions at a ceremony held to mark the four-year death anniversary of an Iranian Maj. Gen. Qassem Soleimani (prompting Iran to explicitly threaten a response) and reports that Libya’s largest oilfield has been shut down due to protests, may have been the straw to break the back of complacency.

Overall, the oil market seems “likely to be in rough balance, but uncertainty about supplies abound – from sanctions on Iran, Russia and Venezuela having less effect, to the possibility that [U.S. President Joe] Biden will try to tighten them,” said Michael Lynch, president of Strategic Energy & Economic Research.

Will tonight’s API data give us any hints

API

  • Crude -7.42mm (-3.00mm exp)

  • Cushing +765k

  • Gasoline +6.91mm

  • Distillates +6.69mm

Crude stocks saw an unexpectedly large drawdown last week, but very large builds in products spoiled the bulls’ party. Cushing stockpiles rose for the 11th month…

Source: Bloomberg

WTI was hovering at $73 ahead of the API print and maintained it after…

“Nobody wants to be short crude below $70 when there is unrest in the Middle East,” said Dennis Kissler, senior vice president at BOK Financial.

 OPEC also on Wednesday released a statement saying it was committed to “unity, full cohesion and market stability.”

Tyler Durden
Wed, 01/03/2024 – 16:37

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The 5 Strangest Features Of The Modern Left

The 5 Strangest Features Of The Modern Left

Authored by Jeffrey Tucker via The Epoch Times,

The political left that I came to know in college – that one that rallied around free speech, reason over faith, fairness to all, and peace – seems to have evaporated completely.

I barely recognized what has replaced it.

Truth is, I cannot make heads or tails out of any of it.

It seems like this chaotic assembly of seemingly random biases, all shoved together in a package like a grab bag of the bizarre and dangerous.

Here are five of the oddest doctrines you find on the left that make zero sense to me.

Russia.

Coming of age during the Cold War meant that college was filled with debates about the character of what was called the Soviet Union, meaning Russia and many neighboring states. The conservative right saw the Soviets as imperialistic communists hellbent on global domination through industrial supremacy and arms exports. It was the core of the revolutionary conspiracy that threatened to overthrow tradition and freedom, and that’s why it must be resisted and rolled back.

The left in those days had a different view, and it always intrigued me. They said Russia was a normal country with normal problems and issues. The United States and Russia were strong allies in the Second World War and the country made great sacrifices to defeat Nazism. Since then, it has not really been imperialistic so much as nationalistic, defending its economic and political interests. Moreover, they would say, communism in Russia is no longer a prevailing practice but more of a slogan. They have reformed substantially and want to reform more, so it is time to make peace, which the nation desperately desires.

This debate over how to think of Russia was pervasive, even affecting the way they thought about the Soviet role in Afghanistan. U.S. conservatives rallied against the Soviet occupation but the left would point out that actually the Soviets are a moderate force in the country, attempting to keep religious extremism at bay and foster a kind of moderate secular government. The main message of the left was, for many decades, stop demonizing this country and its foreign policy ambitions, and treat the Russians as just another country with its own distinct problems and issues.

That whole paradigm is now ancient history. After the collapse of the Soviet Union, U.S. conservatives generally adopted a new attitude much more in keeping with what the left once believed about the country. Meanwhile, and gradually especially during the 21st century, the left holds a similar view to what the right once held: this country is a rogue state headed by a monster who supports reactionary politics the world over, interferes in elections, and wars against progress.

The anti-Russia doctrine on the left is now ironclad and unshakeable. Even after the claim that Russia somehow got Trump elected in 2016 was shown to be completely rot the left won’t let go. Anything that goes wrong anywhere is blamed on Russia. Any pundit who disagrees with the left is smeared as a Russian agent (yes, they have said this about me!).

I have no real explanation for this bizarre turn.

Oil, gas, and coal.

Another odd turn on the left is how within their circles of opinion, it is seen as incontrovertibly true that all energy to power the human experience should come from wind, water, and sun. Nothing else. Digging up coal is bad. Drilling into the oceans of oil beneath our feet is bad. I’ve gradually come to realize that these people truly do desire the complete end to the use of what they call “fossil fuels” and are hellbent on achieving it.

No evidence can shake their view. Raise doubts about this “climate change” story and you are dismissed as an anti-science crank, even though Nobel Laureates have debunked the narrative too. It’s an article of faith among this whole crowd, a serious ambition and belief that the whole world should be purged of petroleum products. But that itself is strange because the same gang has long promoted fake fur and fake leather as clothing even though the replacement is entirely a petroleum product. So it seems like they only oppose the use of oil in the production of energy, for whatever reason.

As for electric cars, don’t be fooled: there is no way the grid can be supported by sunbeams and breezes. It requires vast use of coal, which the left opposes. So it’s only a matter of time. First, convert the world to EVs and then, second, announce that coal digging and processing is massively throttled, and, third, explain that bicycles and Flintstone cars are really the only way to get around. It’s hard to avoid the conclusion that these people have a strangely malicious hatred of the good life that oil, gas, and coal enable.

Which is also weird because the mainstream left a century ago strongly believed in industrialization and material progress. That was the original vision of socialism: through collective effort and a strong state, we will industrialize the world through man’s strength and awesome machines. Look at old-time Soviet propaganda: it’s all about industrial strength, smokestacks, and immense production. How did that ambition come to be converted to a neo-Manichean longing for a state of nature where a tiny and immobile population forages for food and lives in caves?

I have no real explanation for this bizarre turn.

Gender transitions.

The idea of emancipating women from subjugation and subservience is certainly part of the liberal idea from the 19th century. This migrated to the women’s suffrage movement and later to waves of feminism in the 1960s and 1970s. The message was always that women are normative human beings, distinct from men but deserving of full rights, dignity, and respect. If men have sports teams, women should too. If men are paid high salaries, women should be too. The idea here was that society needed to recognize the distinct contribution that women as women make to the good life.

All fine. But then in a phantasmagoric twist, left-wing doctrine suddenly shifted. There is nothing biologically distinct about women at all. There is nothing about gender identity that is reflective of inner biological differences. Everything can be moved around through pure volition such that men can become women and vice versa. All that a man needs to do to compete in women’s sports is grow longer hair, put it in a bun, wear some fun colors, affect a high voice with rising intonation, and voila he is a woman! With assistance of drugs and surgery, anything is possible.

For a while, this turn seemed to be about tolerating eccentricities. Most everyone can play along with that game, just as we indulge the family friend who suddenly picks up a high English accent for whatever reason. We are polite people and don’t normally want to shame people for their unique ways. But then it became more than that. The codification of this wacky stuff came only recently when federal government documents, even from the CDC, struck the existence of women from reality altogether. Now there are only “people who are pregnant.”

The left, which had traditionally rallied around rights for women, has come full circle and is now literally deleting the existence of women as biological entities! It’s gotten so extreme that the left is even fine with hacking off the genitalia of adolescents in the name of gender therapeutics—a barbaric practice from the ancient world designed to create eunuchs to guard harems and sopranos to sing in choirs. The same people who only a few years ago were raging about “blackface” are now thrilled about “womanface.”

Again, I have no real explanation for this bizarre turn.

Free speech.

The idea of free speech was once settled doctrine on the left, from John Stuart Mill and forward. One hundred years ago, it was a rallying cry. The idea was absolute: no one should be throttled, much less censored. To speak and be heard was the very essence of freedom itself. The most famous of all liberal organizations spent many decades litigating for the right. Nothing was as settled as this idea.

In 1965, this thinker named Herbert Marcuse wrote an essay called “Repressive Tolerance.” His idea was that freedom as we know it is really nothing more than a bourgeois slogan that was thrown around to cover up ruling-class domination. The only path to real free speech was through the complete silencing of culturally dominant voices and the forced raising up of marginal voices. Only the vanguard of leftist elites know precisely how to achieve this so they should be in charge.

Nothing much came from this barrage of bilge and it was largely forgotten. It seems like some people found the essay a few years ago and, seemingly out of nowhere, the left became massive champions of censorship and speech control. Now every major social media platform but one is routinely used as a censorship tool at the behest of the government. The left not only puts up with this but actively champions it too. Now this same gang says that anyone who pushes free speech is really just a sloganeer for bourgeois interests, probably paid by Russia or the fossil fuels industry.

I have no real explanation for this bizarre turn.

The Working Class.

Let’s end this litany of the absurd with an obvious observation: the left has turned against everything associated with the working class. We saw this during the pandemic controls. Everyone on the left seemed to agree that the professional class should luxuriate at home and watch movies while the working classes should drive around trucks with food and deliver it to the front doors of the progressive vanguard of pathogenic control. They simply cared nothing at all for those doing actual work. Later they came after them with experimental meds and tried to force them on all workers.

What a contrast from the past! The left had for many decades been the champions of labor over capital. This has been true from about 1880; indeed the core of socialist theory was that labor was entitled to a much greater share of surplus value that was being unjustly hoarded by capital. This view was foundational on the left, all the way back from the mid-19th century until about 2016, when the working classes voted for a guy that the left didn’t like. Now, they have flipped sides: favor capital over labor, provided that capital is funding their projects, nonprofits, and helping to rig elections in their favor.

They are unapologetic about their status as the new Robber Barons who are entitled to rule the rest of us.

For this bizarre turn, there really is an explanation.

They like power. They want to retain and exercise power. For that to happen, they need money. Capital is where the money is and, hence, that is where the left hangs out. Yes, that’s a cynical take but that’s where all the facts point.

Still there remains a fundamental theoretical problem with the 2020s version of progressive/leftist ideology. None of it makes any sense. It’s a hodgepodge mix of crazy that stands in complete contradiction to what everyone within this camp believed only a few years ago, dating back a century and more. In this way, the new leftism is completely unsustainable from an intellectual point of view.

There can only be defectors from the group in the future. People with integrity will continue to flee, leaving this to become a tiny junta of bromide-rich babblers focused on wielding power for its own sake. How can there be a future in this?

Tyler Durden
Wed, 01/03/2024 – 16:20

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Global Bonds & Stocks Suffer Biggest Rout To Start A Year Since 1999

Global Bonds & Stocks Suffer Biggest Rout To Start A Year Since 1999

2024’s tumble in stocks and bonds was the biggest global rout to start the year since 1999 (and yesterday was the biggest daily drop in global capitalization since Dec 2022)…

And while stocks and bonds tanked, the dollar soared…

Source: Bloomberg

The dollar has not fallen at the start of a calendar year since 2012, but the start of 2024 is the biggest rally since 1997…

And the trend of weak economic data continues with ISM Manufacturing in contraction (below 50) for the 15th straight month, and JOLTS data confirming cracks starting to appear in the labor market…

Source: Bloomberg

The FOMC Minutes today were significantly less dovish than the market (and Jay Powell) suggested and March rate-cut odds faded modestly…

Source: Bloomberg

No bounce at all in stocks after yesterday’s ugliness is putting the weekly win streak at risk of ending at nine. Small Caps were clubbed like a baby seal today (down almost 3%) and Nasdaq extended yesterday’s loses (down around 1% today). The Dow remains the least ugly horse in 2024’s glue factory…

MAG7 couldn’t catch any bid at all today…

Source: Bloomberg

And ‘most shorted’ stocks puked at the open and didn’t bounce/squeeze at all…

Source: Bloomberg

S&P is down for the first two days of the year for the first time since 2015 and suffered the worst return start to a year since 2019 (which was after the end-2018 crash that Powell rescued stocks from)…

The Russell 2000 has crashed back to a critical level (its 21DMA), down over 5% from its highs last week…

Source: Bloomberg

Goldman noted that US equities were only rescued yesterday by a large BUY imbalance on the close (which seemed to suggest retail/household $ deployments into the market to start the year)…

Source: Bloomberg

And one more tidbit before we move on to bond-land, healthcare dramatically outperformed MegCap Tech by the second most in the last 12 months…

Source: Bloomberg

Treasury yields tumbled in the afternoon as IG issuance dried up and rate-locks were lifted. On the day the belly outperformed (5Y-10Y -2bps) which left the 2Y yield just a smidge higher on the week…

Source: Bloomberg

10Y Yield tested above 4.00% but quickly fell back. That is a 10bps plunge intraday fore the 10Y yield…

Source: Bloomberg

Perhaps today’s most notable market mover was crypto which saw a significant flash-crash around 0630ET, led by a 7% plunge in Bitcoin, from $45,500 to $41,000 before bouncing back…

Source: Bloomberg

Ethereum also puked and is now underwater for the year, while bitcoin is a little stronger still…

Source: Bloomberg

Oil prices ripped back higher today as reality bit that MidEast violence was anything but calming down…

Source: Bloomberg

Gold dropped back again as the dollar rallied…

Source: Bloomberg

Finally, today was deja vu all over again in equity futures-land…

Which European is doing all the selling? SNB? (Look at AAPL- their biggest holding).

Tyler Durden
Wed, 01/03/2024 – 16:00

via ZeroHedge News https://ift.tt/P2iFyzo Tyler Durden

We Need A Return To An Emphasis On Meritocracy

We Need A Return To An Emphasis On Meritocracy

Authored by Uldis Sporgis via AmericanThinker.com,

Meritocracy is a system for society in which individuals advance based on their abilities, achievements, and talents.

Leftist DEI or diversity, equity, and inclusion, seeks to erase meritocracy with advancement based on race, gender, economic and social status, handicap, political party, and nepotism.

Meritocracy basically tries to reward those who have worked smart and hard and have earned the reward in their profession and not based on dysfunctional outside criteria such as DEI.

Here are some of the advantages of meritocracy which the leftist elites are shying away from.

  • Meritocracies often place the most qualified individuals in key positions, leading to increased efficiency and productivity as tasks are undertaken by those with the necessary skills and expertise.

  • A meritocratic system encourages innovation as it rewards individuals who bring new ideas, skills, and solutions to the table, fostering a culture of continuous improvement.

  • In theory, meritocracies strive to be fair by providing opportunities based on individual merit rather than factors such as social status, background, or personal connections.

  • Individuals in a meritocratic system are motivated to excel and improve their skills, knowing that their efforts will be recognized and rewarded. This can lead to a more motivated and capable workforce.

  • By allocating resources and responsibilities based on merit, a meritocratic system is more likely to lead to economic growth as qualified individuals contribute to the overall development of society.

  • A well-functioning meritocracy can promote social mobility, allowing individuals to rise to positions based on their abilities, regardless of their background or socioeconomic status.

  • Meritocracies tend to hold individuals accountable for their performance. When success or failure is tied to individual merit, it can lead to a more responsible and accountable society.

  • In a meritocracy, education systems are often designed to identify and nurture talent, ensuring that individuals have the opportunity to develop their skills and abilities to their fullest potential.

  • Meritocratic systems may lead to a more diverse pool of talent in various fields, as individuals from different backgrounds are given the chance to showcase their abilities.

  • A meritocratic system can contribute to public trust and confidence in institutions, as people believe that rewards and opportunities are distributed based on merit, fostering a sense of justice and fairness.

  • Knowing that smart hard work and talent will be recognized and rewarded motivates individuals to perform at their best.

  • A meritocratic system can lead to higher levels of productivity, as individuals are placed in roles that align with their skills and capabilities.

  • Meritocracies aim to provide equal opportunities for everyone, irrespective of their background, promoting a level playing field.

  • Meritocracies often result in leaders who are highly competent and capable, contributing to effective decision making and organizational success.

  • Individuals are encouraged to invest in their professional development, knowing that it will be recognized and contribute to career advancement.

  • Healthy competition among individuals fosters an environment of continuous improvement and excellence.

  • A meritocratic approach can contribute to diversity and inclusion by focusing on individual abilities and qualifications rather than demographic characteristics.

  • Meritocracies can contribute to stability by promoting a sense of justice and fairness in society, reducing resentment and unrest.

  • A meritocratic system is often more adaptable to changing circumstances as individuals with the relevant skills can quickly assume leadership roles.

  • Meritocracies can enhance a country’s global competitiveness by ensuring that the most qualified individuals drive economic and technological progress.

  • Meritocracies aim to minimize favoritism and nepotism, promoting a system where individuals are judged based on their abilities rather than personal connections.

One glaring example of the disastrous policies of DEI is the state of the old Twitter before Elon Musk took over.

What was revealed was a corporation based on censoring ideology in favor of leftist ideas and government collusion. The staff was basically Democratic with a poor work ethic and lack of accountability. Over half the subscribers were fake so the participating audience was dramatically overstated. The stock price of the old Twitter had dramatically decreased indicating that Twitter was in big trouble. Elon Musk may not be able to rehabilitate the old Twitter legacy but it is definitely a foreboding that any organization based on DEI policy is doomed to fail.

While meritocracy has some minor drawbacks which may not always lead to equitable outcomes the advantages far outweigh a DEI approach which is trying to replace the best with the mediocre in society. Let DEI assume dominance and society as we know it is doomed.

Tyler Durden
Wed, 01/03/2024 – 15:40

via ZeroHedge News https://ift.tt/aYyqApK Tyler Durden

How a Teen Locker Room Butt Slap Triggered a 2-Year Investigation


Male shadow over swimming pool | Illustration: Lex Villena; Mike

A teenage swimmer is facing a Kafkaesque sexual misconduct investigation over allegations that he slapped another swimmer on the butt as a middle schooler.

According to a story in the Associated Press (A.P.), an organization designed to protect athletes from horrific abuse has devolved into a bureaucratic nightmare for others, who can find themselves dragged into opaque investigations over minor allegations of wrongdoing.

“I think the guilty-until-proven-innocent aspect is what bothers me the most, because right now, he’s still [considered] guilty until the case is finalized,” the teenager’s mother told A.P.

The U.S. Center for SafeSport is a nonprofit organization established in 2017 after sports physician Larry Nassar’s sexual abuse of hundreds of gymnasts sparked outrage over how the case was handled by athletic organizations. SafeSport now has the authority to investigate allegations of abuse and hand down sanctions in dozens of sports.

According to A.P., a 13-year-old competitive swimmer, who was not named in the story, received an email from SafeSport last year informing him that “between approximately 2019 and 2022, [he] allegedly engaged in a pattern of behavior which constitutes Sexual Misconduct.” Despite the ominous email, the teenager wouldn’t be informed of the actual allegations against him until three months later, eventually learning that he had been accused of slapping a teammate’s behind in a locker room in June 2021, nearly a year earlier. 

The teenager and his mother claimed that the boy and the teammates who accused him had a falling out, and had lobbied claims of bullying at each other. However, this apparent dispute had been seemingly resolved by the boys’ school and coaches.

A.P. reports that the investigation has now dragged on for nearly two years, with little indication of ending soon. The family says they’ve reached out to SafeSport multiple times for updates on the investigation, only to receive vague responses. According to A.P., a glut of complaints may explain the delay. SafeSport has received 7,000 allegations as of 2023, and a spokesperson told A.P. that “the center needs more financial resources to support the growing number of reports,” adding that SafeSport uses a “lower standard of proof … which at times allows it to act on cases law enforcement may not.”

Another factor for the delay? The teenager denies the accusations against him. The boy says he was told that the easiest way to resolve the complaint would be to agree to an “informal resolution” that would allow him to go back to swimming after a six-month probation, provided he admitted guilt.

“We asked my son, ‘Are you OK with this?'” the boy’s mother told A.P. “And he said ‘No, I’m not going to admit to something I didn’t do.'”

In the meantime, the teenager says his budding swimming career has faced major setbacks. While under investigation, the teen was required to be chaperoned on the pool deck of several USA Swimming events. At one event in November, the teenager’s mother “briefly turned away” from her son. As a result, the teenager was “approached by a meet referee who notified him he was breaking the rules and wouldn’t be allowed to come back for the second day of the competition,” according to A.P. “That deprived the teen of swimming in his best event, where he had previously swam times that could’ve qualified him for a key junior national meet in December.”

While organizations like SafeSport exist to fulfill a noble goal—protecting athletes from horrific abuse at the hands of powerful individuals within elite sports—the case of this teenager shows what can happen when these systems become opaque and all-powerful, providing almost no due process for the accused. The result is nothing short of a bureaucratic nightmare with little hope of due process for those accused of wrongdoing, no matter how slight.

The post How a Teen Locker Room Butt Slap Triggered a 2-Year Investigation appeared first on Reason.com.

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