The Ultra Wealthy Are Winning. . . For Now

Based on yesterday’s middling statistics, including how few times the LA Times link was opened, I did a poor job framing Mckenzie’s story. I described it as a long and difficult read hoping you’d rise to the occasion. If I were to suggest all of us go run a hilly and hot marathon, I probably shouldn’t be surprised if none of you show.

I should’ve lead with the importance of regularly mixing in challenging content with all of the light, entertaining stuff that tends to dominate the interwebs.

I can’t shake Mckenzie’s story, especially after reading Evan Osnos’s mind blowing New Yorker piece, “The Haves and The Have-Yachts”. Osnos tells the story of the ultra-rich buying ever larger, more expensive yachts.

If you’re even a little bit like me, and you don’t like the ultra-rich, Osnos’s piece will turn your dislike into a much, much deeper antipathy. If you have high blood pressure, be sure to take your pills first.

I can’t help but read the stories without wondering why in hell the world isn’t overcome by poor people’s revolutions. Osnos makes a few references to the “EatTheRich” movement, but the Wikipedia entry for it describes it as a political slogan associated with class conflict and anti-capitalism.

Sometimes in my hometown of Olympia, WA I see an “Eat the Rich” bumpersticker or graffiti tag. If I was a “Have-Yachter” I’d be thrilled that the primary pushback to the growing wealth gap is some flaccid combo of political slogans and bumperstickers.

This puts me in a tough position in that I don’t condone mindless property damage or really violence of any kind, and yet, I can’t help but wonder if much more radical responses to the growing wealth gap are warranted.

Another dilemma is how do we define “ultra-wealthy”? The tipping point seems to be $30 million, but compared to Mckenzie, I definitely qualify as ultra wealthy.

The legions of ultra wealthy people reading this post are saying to themselves, “We’ll be fine, we’ll just invest even more in security.” Right now they’re right, but whether I live to see it or not, someday poor people’s rage will ignite like the fires in France, Greece, Portugal, and Spain.

90 Year Old Legislators

A story, compliments of The New Yorker’s Jane Mayer:

“In a hearing on November 17th, Dianne Feinstein, the senior Democrat on the Senate Judiciary Committee, who, at eighty-seven, is the oldest member of the Senate, grilled a witness. Reading from a sheaf of prepared papers, she asked Jack Dorsey, the C.E.O. of Twitter, whether his company was doing enough to stem the spread of disinformation. Elaborating, she read in full a tweet that President Trump had disseminated on November 7th, falsely claiming to have won the Presidential election. She then asked Dorsey if Twitter’s labelling of the tweet as disputed had adequately alerted readers that it was a bald lie.

It was a good question. Feinstein seemed sharp and focussed. For decades, she has been the epitome of a female trailblazer in Washington, always hyper-prepared. But this time, after Dorsey responded, Feinstein asked him the same question again, reading it word for word, along with the Trump tweet. Her inflection was eerily identical. Feinstein looked and sounded just as authoritative, seemingly registering no awareness that she was repeating herself verbatim. Dorsey graciously answered the question all over again.”

If that’s not concerning enough, how ’bout this:

“Schumer had several serious and painful talks with Feinstein, according to well-informed sources. Overtures were also made to enlist the help of Feinstein’s husband, Richard Blum. Feinstein, meanwhile, was surprised and upset by Schumer’s message. He had wanted her to step aside on her own terms, with her dignity intact, but “she wasn’t really all that aware of the extent to which she’d been compromised,” one well-informed Senate source told me. “It was hurtful and distressing to have it pointed out.” Compounding the problem, Feinstein seemed to forget about the conversations soon after they talked, so Schumer had to confront her again. “It was like Groundhog Day, but with the pain fresh each time.”

What the hell is going on? Why did Californians elect an 87-year old for a six year term? Was it because there wasn’t anyone a little younger and of sounder mind? And as Mayer makes clear, it’s not just California. Other citizens in other states are doing the same thing.

What Does Trump Get Out of Contesting Biden’s Win?

The title of Steve Coll’s New Yorker piece.

“Typically, the best way to understand Trump’s actions is to ask what’s in it for him. Four more years in the White House would extend his immunity from New York prosecutors conducting active investigations into possible criminal activity, ease pressure from bank creditors, and further enrich his family businesses: a win-win-win. Assuming that the President fails to rig a second term, he is fashioning a story about how corrupt Democrats foiled his reëlection, which might galvanize followers and donors after he leaves office. According to the Post, the President told advisers last week, ‘I’m just going to run in 2024. I’m just going to run again.’ His campaign has formed a political-action committee, called Save America, which appears designed as a means for him to raise money to influence the Republican Party after his Presidency ends. The pac is eligible to receive funds now for Trump’s ‘election defense,’ but much of that money would likely be spent on other causes and candidates. Leave it to Trump to manufacture a constitutional crisis that also incorporates a fund-raising con.”

Plausible, but ultimately, just speculation. Why should anyone believe Coll has inside knowledge of Trump’s mindset? I suspect Trump’s mania is largely unexplainable. 

 

Thursday Required Reading

1. Owners and Election Day: A Chance to do the Right Thing. Two sociologists call for Congress to declare the first Tuesday in November, Election Day, a national holiday. Along the way, they destroy the “athletes should just shut up and dribble” argument.

“About a dozen states have declared Election Day a state holiday, including, in the last few months, both Virginia and Illinois, and many states give their workers time off to vote. A majority of Democrats (71%) and Republicans (59%) support having Election Day become a national holiday, but many Republicans clearly want fewer, not more, people to vote.”

2. Topless Beach Drone Scandal! Do the Golden Valley Police Department and the Minneapolis Park Police get any points for good intentions? Prob not.

“The Golden Valley Police Department’s well-intended but very wrong assumption about drone as deescalation tool is a familiar one among regular drone users. Because its people were comfortable with drones, they grossly overestimated how comfortable the average person actually is with the prospect of being looked at by a flying camera drone, much less one that’s zeroing in on their private bits.”

[Editor’s note—Major props to Ron for leading with the sociologists and not the second, click-bait reading. Role model.]

3. How Police Unions Fight Reform.

I believe The New Yorker pays its writers by the word. You would never know that by how fast Finnegan starts. Paragraphs 3-5.

“In many cities, including New York, the unions are a political force, their endorsements and campaign donations coveted by both Republicans and Democrats. The legislation they support tends to get passed, their candidates elected. They insist on public displays of respect and may humiliate mayors who displease them. They defy reformers, including police chiefs, who struggle to fire even the worst-performing officers. In an era when other labor unions are steadily declining in membership and influence, police unions have kept their numbers up, their coffers full. In Wisconsin, the Republican governor, Scott Walker, led a successful campaign to eliminate union rights for most of the state’s public employees. The exceptions were firefighters and police.

Police unions enjoy a political paradox. Conservatives traditionally abhor labor unions but support the police. The left is critical of aggressive policing, yet has often muted its criticism of police unions—which are, after all, public-sector unions, an endangered and mostly progressive species.

In their interstitial safe zone, police unions can offer their members extraordinary protections. Officers accused of misconduct may be given legal representation paid for by the city, and ample time to review evidence before speaking to investigators. In many cases, suspended officers have their pay guaranteed, and disciplinary recommendations of oversight boards are ignored. Complaints submitted too late are disqualified. Records of misconduct may be kept secret, and permanently destroyed after as little as sixty days.”

4. Discovery in Mexican Cave May Drastically Change the Known Timeline of Humans’ Arrival to the Americas. Archeologists can’t agree on when humans arrived in the Americas. It may have been twice as long ago.

5. How to Handle Anxiety Over Back-to-School Decisions.

“It’s helpful to remember that in times of chaos, the dogged search for certainty can itself lead to distress. . . . the goal is not to guarantee that your child will never be exposed to a virus particle. That is impossible. The goal is to make a realistic plan that will holistically keep teachers, families and children as safe as possible.”

One excellent insight after another.

“When your mind starts moving into the slippery slope of unproductive worries, try naming them: ‘There goes my mind again.’ This highlights the difference between ‘having a thought’ and ‘burying a thought.’ When unproductive worries strike, you don’t have to go down that rabbit hole of trying to disprove them or reassure yourself, you can just let them be. It’s not bad feelings or thoughts that are the problem. It’s what we do with them that causes more suffering.”

The author, Dr. Pooja Lakshmin, M.D.  is working on a book about the tyranny of self-care. I predict that is going to be a very good read.

Trump’s Second Term

Sunday night, after the rain clouds parted, Blanca and I headed due West like we were shot out of a cannon. Up and over the 4th St Bridge, she wanted to see Oyster Bay. We added on Ellison Loop NW for a little more climbing. That wall at the very end is a bitch, but I digress.

A beautiful night for a fling with your gfriend. Until we saw FOUR houses in a row with Trump/Pence signs. Trump’s gonna carry Oyster Bay?

No big deal you say, Washington is dark blue, no reason to let a few right wing nutters ruin a glorious ride.

But then, after we ducked into the driveway right before sunset, I finished reading Evan Osnos’s smartly written, “How Greenwich Republicans Learned to Love Trump.

Which is filled with insights into things I don’t understand. Like this:

“The (college) admissions case reminded me of the rationale I kept hearing for looking past Trump’s behavior toward women, minorities, immigrants, war heroes, the F.B.I., democracy, and the truth, not to mention his request that Ukraine “do us a favor” by investigating his political opponents: a conviction that, ultimately, nothing matters more than cutting taxes and regulations and slowing immigration.”

Osnos disabuses people like me that Trump’s base is just gun-toting, stay-at-home protesting, working class, modestly educated, rural people. Trump has massive support among the ultra wealthy, like Michael Mason, a mover and shaker in Greenwich, Connecticut, probably the wealthiest enclave in the (dis)United States:

“Mason knows that the President’s ‘culture’ still upsets many people in Greenwich. But, he said, ‘his policies over the last three years have gained more attention and probably more support.’ He predicts that the trauma of the pandemic will persuade some voters that Trump was right to want to cut immigration and lure back industries from abroad. ‘He had policies that he wanted to change on our borders, on immigration. I certainly think people in this country now are worried about that.'”

The Resistance is deluded to think this pandemic shitshow is going to ruin his chance at re-election.

Another depressing insight:

“If you are among the Greenwich élite, whether you love Trump or hate him, it is easy to count the ways that he has oriented his Administration to help people like you. When Trump introduced his tax bill, he called it a gift to ‘the folks who work in the mail rooms and the machine shops of America.’ That was absurd. The bill cut the corporate tax rate by fourteen per cent, and most of the windfall went to investors in the form of dividends and stock buybacks. . . . Though he limited the deductions for state and local taxes, wealthy citizens were compensated by new tax breaks, including some specifically for the commercial-real-estate industry and for wealthy heirs. On average, Trump gave households in the top one per cent a forty-eight-thousand-dollar tax cut, while those in the bottom twenty per cent received a hundred and twenty dollars, according to the Institute on Taxation and Economic Policy, a nonpartisan think tank. Jim Campbell, the Republican organizer who embraced Trump early in 2016, told me recently, ‘I don’t know anyone who voted for Donald Trump in 2016 and won’t vote for him again. In Greenwich, he’ll probably pick up some votes.'”

I never thought the country would elect Trump president. Since 2016, his supporters have become less afraid, less self conscious, and more outspoken. Now, for the first time, I’m bracing myself for the fact that my friend, who promises “100% that Trump is going to be reelected”, may very well be right.

Thanks for that Osnos.

 

 

 

In North Korea, The Fourth Man Could Be A Woman

Barbara Demrick in The New Yorker:

“The conventional wisdom is that a woman could never ascend to the leadership of North Korea, a country stuck in a time warp of passé fashions, hairdos, music, and social mores. A toxic mix of Confucianism and totalitarianism indentures women to their husbands, to their in-laws, and, ultimately, to a male-dominated regime. With a few exceptions (the best known being the vice foreign minister, Choe Son Hui), North Korea’s senior cadres are almost entirely male. The Supreme People’s Assembly—which currently has six hundred and eighty-seven members—is supposed to set aside twenty per cent of its seats for women, but the percentage has frequently dipped lower. And the primary function of these token deputies seems to be to brighten the optics, by wearing the jewel-toned, floor-length Korean gowns best known by the South Korean term hanbok. Since 1948, North Korea has been ruled by three men—the founder, his son, and his grandson—but, nevertheless, it is now conceivable that the fourth man will be a woman. That is because, with reports that Kim Jong Un is in failing health, the most obvious successor is his thirtysomething sister, Kim Yo Jong.”

And dig this:

“She was reportedly a favorite of her father, Kim Jong Il, who ruled from 1994 until his death, in 2011, and who, according to a former Russian official, Konstantin Pulikovsky, may have had a more enlightened attitude toward women than some of the North Korean élite. Pulikovsky, who travelled with Kim Jong Il by train and later wrote a memoir about the experience, told interviewers that the leader praised the intelligence of his daughter, while deriding his sons as ‘idle blockheads.'”

Despite being 36 years young, obscenely rich, and with access to world class medical care, Kim Jong Un is allegedly at risk of dying due to obesity, chain smoking and who knows what other vices. Dad’s assessment seems spot on, which begs the question, why didn’t he go with Kim Jo Young in the first place.

Most likely for two reasons. Too young and . . .

“‘North Korea is so outlandishly sexist, despite the fact that they are supposed to be a revolutionary society. When it comes to gender relations, it is like South Korea decades ago,’’ Katharine H. S. Moon, a political-science professor at Wellesley College who has written about gender issues in Korean politics, said. In fact, as Moon notes, women have not fared well in politics in South Korea, either, a nation that is routinely toward the bottom of the Organisation for Economic Co-operation and Development’s list of developed countries’ rankings on gender equality. South Korea’s only female President, Park Geun-hye, was impeached in 2017, and is now in prison, serving twenty-five years for bribery, extortion, and abuse of power, which some maintain is harsher treatment than accorded men who committed comparable offenses.”

 

I Watched Americana

And not too proud to admit it. Well, so far, the first 35 minutes, which to my TSwift-loving daughters, secures my place in the pantheon of history’s most outstanding fathers.

For extra credit, I read Amanda Petrusich’s review in The New Yorker, TAYLOR SWIFT’S SELF-SCRUTINY IN ‘MISS AMERICANA'”.

 Petrusich notes:

“Swift is certainly not exceptional in her yearning for approval, but her life has unfolded on an unprecedented scale.”

Not exactly original insights. If The New Yorker had commissioned me to write the review, which in hindsight they should’ve, I would’ve framed the film as another in a long line of case studies on the corrosive effects of fame. As my saying goes, “Fame tends to corrupt and absolute fame corrupts absolutely.” Then I would’ve referenced “Amy” the documentary about Amy Winehouse which powerfully illustrates how sadly pop icons’ stories often turn out especially when surrounded by selfish, financially dependent employees, family, and “friends”.

And it’s odd that The New Yorker’s choice for reviewer is silent on our mindless tendency towards celebrity worship, which I’d argue makes us complicit in Swift’s struggles and Winehouse’s demise.

It’s also disappointing that their reviewer is silent on Swift’s passive acceptance of her fame. Swift did lay low for a year, but more as a pause in her incredibly ambitious career. What’s stopping her, someone has to ask, from a complete retreat from the public sphere for much, much longer.

Taylor, if you’re reading this, which I suspect you are, eat up and change your appearance, move to Canada, make friends with Harry and Megan, and dig into the ancient Stoics. You won’t be disappointed.

I can’t speak for my daughters, but the rest of us will be okay.

Two Very Good ‘Los Angeles’ Sentences

From Margaret Talbot’s “Dancing with HAIM” in The New Yorker.

Talbot doesn’t drive. Sentence one.

“In high school and afterward, I was often a passenger, and, though I’ve always enjoyed riding in cars as much as any golden retriever with its head hung out the window, I also walked and took buses a lot.”

Slowing down has it’s advantages, in particular, noticing the details of one’s surroundings. Sentence two.

“I got to know the particular topography of pedestrian L.A.: muffler shops and taquerias and strip-mall doughnut shops run by Cambodian immigrants; bougainvillea and birds-of-paradise that grow opportunistically in cracked sidewalks; abandoned shopping carts and outdoor newsstands and faded courtyard apartment buildings with grand names; the scintillation of sunshine on passing rivers of traffic, telephone-pole flyers advertising suspicious-sounding opportunities in the entertainment business, and freeway underpasses and their homeless encampments.”

 

American Exceptionalism

Our passivity towards gun violence is exceptional. Especially among developed nations.

Anthony Lane in The New Yorker on Tarantino’s current film “Once Upon a Time. . . in Hollywood”:

“. . . two things alone freaked me out. One was the sudden, insane burst of brutality that is inflicted by men upon women. And the other was the reaction of the people around me in the auditorium to that monstrosity. They laughed and clapped.”

One night in 1994, knowing it wouldn’t be the Good Wife’s cup of tea, I went to see “Pulp Fiction” by myself in Greensboro, North Carolina. In the film there were a few insane bursts of brutality inflicted by men upon men. Point blank shootings that prompted the crowd to spontaneously erupt in prolonged applause. That was deeply unsettling.

Twenty five years later I fear we’re even more desensitized to wanton gun violence.

Where does it end?