Estimated 2.5% per year management fees of a $4B investment fund for 4 years? That’s about $400M just from the Saudi royal family.
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November 16, 2024 (Saturday)
One of President-elect Trump’s campaign pledges was to eliminate the Department of Education. He claimed that the department pushes “woke” ideology on America’s schoolchildren and that its employees “hate our children.” He promised to “return” education to the states.
In fact, the Department of Education does not set curriculum; states and local governments do. The Department of Education collects statistics about schools to monitor student performance and promote practices based in evidence. It provides about 10% of funding for K–12 schools through federal grants of about $19.1 billion to high-poverty schools and of $15.5 billion to help cover the cost of educating students with disabilities.
It also oversees the $1.6 trillion federal student loan program, including setting the rules under which colleges and universities can participate. But what really upsets the radical right is that the Department of Education is in charge of prohibiting discrimination on the basis of race and sex in schools that get federal funding, a policy Congress set in 1975 with an act now known as the Individuals with Disabilities Education Act (IDEA). This was before Congress created the department.
The Department of Education became a stand-alone department in May 1980 under Democratic president Jimmy Carter, when Congress split the Department of Health, Education, and Welfare into two departments: the Department of Health and Human Services and the Department of Education.
A Republican-dominated Congress established the Department of Health, Education, and Welfare in 1953 under Republican president Dwight D. Eisenhower as part of a broad attempt to improve the nation’s schools and Americans’ well-being in the flourishing post–World War II economy. When the Soviet Union beat the United States into space by sending up the first Sputnik satellite in 1957, lawmakers concerned that American children were falling behind put more money and effort into educating the country’s youth, especially in math and science.
But support for federal oversight of education took a devastating hit after the Supreme Court, headed by Eisenhower appointee Chief Justice Earl Warren, declared racially segregated schools unconstitutional in the May 1954 Brown v. Board of Education decision.
Immediately, white southern lawmakers launched a campaign of what they called “massive resistance” to integration. Some Virginia counties closed their public schools. Other school districts took funds from integrated public schools and used a grant system to redistribute those funds to segregated private schools. Then, Supreme Court decisions in 1962 and 1963 that declared prayer in schools unconstitutional cemented the decision of white evangelicals to leave the public schools, convinced that public schools were leading their children to perdition.
In 1980, Republican Ronald Reagan ran on a promise to eliminate the new Department of Education.
After Reagan’s election, his secretary of education commissioned a study of the nation’s public schools, starting with the conviction that there was a “widespread public perception that something is seriously remiss in our educational system.” The resulting report, titled “A Nation at Risk,” announced that “the educational foundations of our society are presently being eroded by a rising tide of mediocrity that threatens our very future as a Nation and a people.”
Although a later study commissioned in 1990 by the Secretary of Energy found the data in the original report did not support the report’s conclusions, Reagan nonetheless used the report in his day to justify school privatization. He vowed after the report’s release that he would “continue to work in the months ahead for passage of tuition tax credits, vouchers, educational savings accounts, voluntary school prayer, and abolishing the Department of Education. Our agenda is to restore quality to education by increasing competition and by strengthening parental choice and local control.”
The rise of white evangelism and its marriage to Republican politics fed the right-wing conviction that public education no longer served “family values” and that parents had been cut out of their children’s education. Christians began to educate their children at home, believing that public schools were indoctrinating their children with secular values.
When he took office in 2017, Trump rewarded those evangelicals who had supported his candidacy by putting right-wing evangelical activist Betsy DeVos in charge of the Education Department. She called for eliminating the department—until she used its funding power to try to keep schools open during the covid pandemic—and asked for massive cuts in education spending.
Rather than funding public schools, DeVos called instead for tax money to be spent on education vouchers, which distribute tax money to parents to spend for education as they see fit. This system starves the public schools and subsidizes wealthy families whose children are already in private schools. DeVos also rolled back civil rights protections for students of color and LGBTQ+ students but increased protections for students accused of sexual assault.
In 2019, the 1619 Project, published by the New York Times Magazine on the 400th anniversary of the arrival of enslaved Africans at Jamestown in Virginia Colony, argued that the true history of the United States began in 1619, establishing the roots of the country in the enslavement of Black Americans. That, combined with the Black Lives Matter protests in 2020, prompted Trump to commission the 1776 Project, which rooted the country in its original patriotic ideals and insisted that any moments in which it had fallen away from those ideals were quickly corrected. He also moved to ban diversity training in federal agencies.
When Trump lost the 2020 election, his loyalists turned to undermining the public schools to destroy what they considered an illegitimate focus on race and gender that was corrupting children. In January 2021, Republican activists formed Moms for Liberty, which called itself a parental rights organization and began to demand the banning of LGBTQ+ books from school libraries. Right-wing activist Christopher Rufo engineered a national panic over the false idea that public school educators were teaching their students critical race theory, a theory taught as an elective in law school to explain why desegregation laws had not ended racial discrimination.
After January 2021, 44 legislatures began to consider laws to ban the teaching of critical race theory or to limit how teachers could talk about racism and sexism, saying that existing curricula caused white children to feel guilty.
When the Biden administration expanded the protections enforced by the Department of Education to include LGBTQ+ students, Trump turned to focusing on the idea that transgender students were playing high-school sports despite the restrictions on that practice in the interest of “ensuring fairness in competition or preventing sports-related injury.”
During the 2024 political campaign, Trump brought the longstanding theme of public schools as dangerous sites of indoctrination to a ridiculous conclusion, repeatedly insisting that public schools were performing gender-transition surgery on students. But that cartoonish exaggeration spoke to voters who had come to see the equal rights protected by the Department of Education as an assault on their own identity. That position leads directly to the idea of eliminating the Department of Education.
But that might not work out as right-wing Americans imagine. As Morning Joe economic analyst Steven Rattner notes, for all that Republicans embrace the attacks on public education, Republican-dominated states receive significantly more federal money for education than Democratic-dominated states do, although the Democratic states contribute significantly more tax dollars.
There is a bigger game afoot, though, than the current attack on the Department of Education. As Thomas Jefferson recognized, education is fundamental to democracy, because only educated people can accurately evaluate the governmental policies that will truly benefit them.
In 1786, Jefferson wrote to a colleague about public education: “No other sure foundation can be devised for the preservation of freedom, and happiness…. Preach, my dear Sir, a crusade against ignorance; establish and improve the law for educating the common people. Let our countrymen know that the people alone can protect us against [the evils of “kings, nobles and priests”], and that the tax which will be paid for this purpose is not more than the thousandth part of what will be paid to kings, priests and nobles who will rise up among us if we leave the people in ignorance.”
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It’s not that leftists think unfettered free trade is great; it’s that proposing measures that more heavily affect the less affluent members of society isn’t the great idea you’re making it out to be. If there was some sort of sliding scale of climate damaging (manufacturing | shipping | disposal), and you could apply that sort of levy on those sorts of products, that would be nice, if it could be fairly applied.
The problem is, when you actually start to take into account the externalities, capitalism starts to fade into the realm of any other closed system, infinite growth is BS. Someone needs to bring the invoices for all those externalities. It does need to be applied to the people causing the damage, and that is surprisingly hard it seems.
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I’m not sure to what extent “the left” that wants to reduce climate damage by slowing economies and forcing austerity and reduced travel is the same “the left” that wants assistance for poor people and quality of life improvements for americans.
I’m not even sure these are allies.
There is a path to achieving the first goal but the latter goal would have needed to be in place first to make it anything but a catastrophe for some people. At some level these become mutually exclusive goals without compromise.
Also… when the “expectation” of inflation is set companies tend to raise prices in expectation too whether they need to or not.
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November 17, 2024 (Sunday)
Tonight is a break from the craziness of the news.
I often say that 1883 is my favorite year in history because of all that happened in that pivotal year, and one of those things is the way modernity swept across the United States of America in a way that was shocking at the time but that is now so much a part of our world we rarely even think of it….
Until November 18, 1883, railroads across the United States operated under 53 different time schedules, differentiated on railroad maps by a complicated system of colors. For travelers, time shifts meant constant confusion and, frequently, missed trains. And then, at noon on Sunday, November 18, 1883, railroads across the North American continent shifted their schedules to conform to a new standard time. Under the new system, North America would have just five time zones.
Fifteen minutes before the time of the shift, the telegraph company Western Union shut down all telegraph lines for anything but the declaration of the new time. It identified the moment the new time went into effect in telegraph messages to local railroad offices and to the jewelers known in cities for keeping time. In offices that got the message, men had their timepieces in their hands and ready to reset when the chief operator shouted “twelve o’clock!”
In Boston the change meant that the clocks would move forward about 16 minutes; in New York City, clocks were set back about four minutes. For Baltimore the time would move forward six minutes and twenty-eight seconds; in Atlanta it went back 22 minutes.
The system was a dramatic wrench for the rural United States, bringing it into the modern world. Uniform time zones had been proposed by pioneering meteorologist Cleveland Abbe, who developed the U.S. system of weather forecasting. Having joined the United States Weather Bureau as chief meteorologist in 1871, he recognized that predicting the weather required a nationally coordinated team and worked with Western Union to collect information about temperature, wind direction, precipitation, and sunset times from across the country.
Coordinating that information required keeping time across all the stations he had set up. To do so, Abbe divided the United States into four time zones, each one hour apart, and in 1879 he suggested those zones might smooth out the chaos of the railroad systems, each trying to coordinate schedules across a patchwork of local times. Railroad executives, who were concerned that if they didn’t do something, the government would, listened to Abbe, and by 1883 they had concluded to put his new system in place.
Members of the new professional class who traveled by train from city to city were on board because they thought the need to regularize train schedules was imperative. But standard time was controversial. In the United States, people had operated entirely by the rhythms of the sun until the establishment of factories in New England in the 1830s, and most people still lived by those rhythms, their local time adjusting to solar time according to their geographical location.
Telling the time by sundial and history not only was custom, but also was understood as following God’s time. The idea of overriding traditional timekeeping because of the needs of the modern world seemed positively sacrilegious. “People…must eat, sleep and work…by railroad time,” wrote a contributor to the Indianapolis Daily Sentinel. “People will have to marry by railroad time…. Ministers will be required to preach by railroad time…. Banks will open and close by railroad time; notes will be paid or protested by railroad time.”
The mayor of Bangor, Maine, vetoed an ordinance in favor of standard time, saying it was unconstitutional, that it changed the immutable law of God, that the people didn’t want it, and that it was hard on the working men because it changed day into night. Those planning for a switch to standard time tried to ease fears by providing that Americans would operate on both local time and standard time, with both times represented on clocks.
On November 18, no one quite knew what the dramatic wrench into the future might mean.
What did it mean to gain or lose time? Many people expected “a sensation, a stoppage of business, and some sort of a disaster, the nature of which could not be exactly ascertained,” a New York Times reporter recorded. As the great moment approached, people crowded the streets in front of jewelers to see the “great transformation.”
They were disappointed when, after all the buildup, the future arrived quietly.
The New York Times explained: “When the reader of THE TIMES consults his paper at 8 o’clock this morning at his breakfast table it will be 9 o’clock in St. John, New Brunswick, 7 o’clock in Chicago, or rather in St. Louis—for Chicago authorities have refused to adopt the standard time, perhaps because the Chicago meridian was not selected as the one on which all time must be based—6 o’clock in Denver, Col. and 5 o’clock in San Francisco. That is the whole story in a nut-shell.”
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Fascinating!
In today’s globalized world, it’s so easy to take time zones for granted, as an obvious and almost natural thing. But they are human-made, aren’t they? Just another convention, to make things neater and easier across long distances.
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When people use the same system, it’s easier. When they don’t, things often get complicated:
I was surprised to learn about the time zone in China, and wonder how that affects people during different seasons:
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Noticeably, I’d say.
When I was in Spain in the winter, being in the same time zone as Berlin (because fascism) was weird. The later sunrises and sunsets were a bit unsettling, but at least the sun was up when I got to the office. My Spanish colleagues arrived late to the office, and also left late. Some of them said it was because of the sun and circadian rhythms; others said that the late starts were part of Spanish culture that predated time zones. 
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They simply adjust according to sunrise in their area. No one has to get up especially early or late (by the Sun) due to Beijing time. (I’ve heard that in the westernmost portions of China, the people often informally use the time that other neighboring areas use, geographic rather than Beijing time. This info is old though, so Beijing may have put a stop to this by now.)
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yet! (Well, 
, actually, Meanwhile, Washington, Oregon, and California passed laws to end Daylight Savings Time years ago and are still waiting for Congress to approve the change. Assholes. Meanwhile, in northern Washington, it gets dark before 4PM in winter.
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The Acadian Expulsion was a landmark moment in the history of Canada. It would alter Canadian culture forever, and it would lead to the formation of other cultures elsewhere in the world. If not for the Acadian Expulsion, there would not be a New Orleans as we know it. There would be no French Town in Baltimore, no French heritage in Connecticut, no Mardi Gras. Even the word Cajun, comes from the anglicized word for Acadian.
From Aug. 10, 1755 to July 11, 1764, 11,500 Acadians, representing nearly 81 per cent of the population of Acadians in the Maritimes, would be sent out from their homes.
Built, demolished, something like that…right?
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Them and the Romans. Got both vanquished and victor in my family, and my wife’s side has a woman whose name starts with ‘V’ and definitely is the latter…
Long live the 
charter, maybe someday people will stop…
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Uhm, pretty sure we celebrate carnival all over the world and it’s called Mardi Gras everywhere in the Francophonie
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But you do know the reference is specifically to the one in New Orleans?
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Yeah, but that’s not what they said. It’s like saying without Venice there would be no Carnevale.
They meant no Mardi Gras, as people in the US refer to the big celebration in New Orleans. They aren’t referring to Mardi Gras as celebrated elsewhere. They specifically are only referring to the New Orleans one. They mean that one wouldn’t exist.
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I know it’s not the point you’re making, but I think the author’s point is 100% in agreement with that statement.
Without the Acadian Expulsion, Carnevale would absolutely exist, as would the Rio Carnival, and the Sydney Mardi Gras, and heaps more besides. But the New Orleans Mardi Gras, which Americans are rightly proud of, would not.
ETA: @danimagoo
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Including others in the US, some a century before New Orleans held a parade.
Perhaps the author is referring to all the Mardi Gras parades in US?
November 18, 2024 (Monday)
On Friday, Secretary of Commerce Gina Raimondo locked in a $6.6 billion deal with the Taiwan Semiconductor Manufacturing Company for it to invest $65 billion in three state-of-the-art fabrication plants in Arizona. This will bring thousands of jobs to the state. The money comes from the CHIPS and Science Act, about which Trump told podcaster Joe Rogan on October 25: “That CHIPS deal is so bad.” House speaker Mike Johnson (R-LA) said he would work to repeal the law, although he backed off that statement when Republicans noted the jobs the law has brought to their states.
Also on Friday, a Trump-appointed federal judge struck down a Biden administration rule that would have made 4 million workers eligible for overtime pay. The rule raised the salary level below which an employer has to pay overtime from $35,568 to $43,888 this year and up to $58,656 in 2025. The decision by Texas judge Sean D. Jordan kills the measure nationally.
On Sunday, speaking from the Amazon rainforest in Brazil, President Joe Biden said that it would not be possible to reverse America’s “clean energy revolution,” which has now provided jobs across the country, primarily in Republican-dominated states. Biden noted that the U.S. would spend $11 billion on financing international responses to climate change in 2024, an increase of six times from when he began his term.
But President-elect Trump has called climate change a hoax and has vowed to claw back money from the Inflation Reduction Act appropriated to mitigate it, and to turn the U.S. back to fossil fuels. What Trump will have a harder time disrupting, according to Nicolás Rivero of the Washington Post, is the new efficiency standards the Biden administration put in place for appliances. He can, though, refuse to advance those standards.
Meanwhile Trump and his team are announcing a complete reworking of the American government. They claim a mandate, although as final vote tallies are coming in, it turns out that Trump did not win 50% of the vote, and CNN statistician Harry Enten notes that his margin comes in at 44th out of the 51 elections that have been held since 1824. He also had very short coattails—four Democrats won in states Trump carried—and the Republicans have the smallest House majority since there have been 50 states, despite the help their numbers have had from the extreme gerrymandering in states like North Carolina.
More Americans voted for someone other than Trump than voted for him.
Although Trump ran on lowering the cost of consumer goods, Trump and his sidekick Elon Musk, along with pharmaceutical entrepreneur Vivek Ramaswamy, have vowed to slash the U.S. government, apparently taking their cue from Argentina’s self-described anarcho-capitalist president Javier Milei, who was the first foreign leader to visit Trump after the election. Milei’s “shock therapy” to his country threw the nation into a deep recession, just as Musk says his plans will create “hardship” for Americans before enabling the country to rebuild with security.
Ramaswamy today posted on social media, “A reasonable formula to fix the U.S. government: Milei-style cuts, on steroids.” He has suggested that cuts are easier than people think. The Washington Post’s Philip Bump noted that on a podcast in September, Ramaswamy said as an example: “If your Social Security number ends in an odd number, you’re out. If it ends in an even number, you’re in. There’s a 50 percent cut right there. Of those who remain, if your Social Security number starts in an even number, you’re in, and if it starts with an odd number, you’re out. Boom. That’s a 75 percent reduction done.”
But, as Bump notes, this reveals Ramaswamy’s lack of understanding of how the government actually works. Social Security numbers aren’t random; the first digit refers to where the number was obtained. So this seemingly random system would target certain areas of the country.
Today, both Jacob Bogage, Jeff Stein, and Dan Diamond of the Washington Post and Robert Tait of The Guardian reported that Trump’s economic advisors are talking with Republicans in Congress about cuts to Medicaid, the Supplemental Nutrition Assistance Program (SNAP) formerly known as food stamps, and other welfare programs, in order to cover the enormous costs of extending tax cuts for the wealthy and corporations. Medicaid is the nation’s health insurance for low-income Americans and long-term care. It covers more than 90 million Americans, one in five of us. Rural populations, which tend to vote Republican, use supplemental nutrition programs more than urban dwellers do.
The Washington Post reporters note that Republicans deny that they are trying to reduce benefits for the poor. They are, they say, trying to reduce wasteful and unnecessary spending. “We know there’s tremendous waste,” said House Budget Committee chairman Jodey Arrington (R-TX). “What we don’t seem to have in the hour of action, like when we have the trifecta and unified Republican leadership, is the political courage to do it for the love of country. [Trump] does.”
Those cuts will likely not sit well with the Republicans whose constituents think Trump promised there would be no cuts to the programs on which they depend.
Trump’s planned nominations of unqualified extremists have also run into trouble. Senate Republicans are so far refusing to abandon their constitutional powers in order to act as a rubber stamp to enable Trump’s worst instincts. Former representative Matt Gaetz (R-FL), a Trump bomb thrower, was unqualified to be the nation’s attorney general in any case, but as more information comes out about his alleged participation in drug fueled orgies, including the news that a woman allegedly told the House Ethics Committee that she saw him engage in sex with a minor, those problems have gotten worse.
Legal analyst Marcy Wheeler notes that the lawyers representing the witnesses for the committee are pushing for the release of the ethics committee’s report at least in part out of concern that if he becomes attorney general, Gaetz will retaliate against them.
According to Vanity Fair’s Gabriel Sherman, fear of the MAGA Republican colleagues who are already trying to bully them into becoming Trump loyalists is infecting congress members, too. When asked if Gaetz was qualified for the attorney general post, Representative Mike Simpson (R-ID) answered: “Are you sh*tting me, that you just asked that question? No. But hell, you’ll print that and now I’m going to be investigated.”
The many fringe medical ideas of Trump’s pick for secretary of health and human services, Robert F. Kennedy Jr., earned him the right-wing New York Post editorial board’s denigration as “nuts on a lot of fronts.” The board called his views “a head-scratching spaghetti of what we can only call warped conspiracy theories, and not just on vaccines.” Kennedy is a well-known opponent of vaccines—he called Covid-19 vaccines a “crime against humanity”—and has called for the National Institutes of Health to “take a break” of about eight years from studying infectious diseases, insisting that they should focus on chronic diseases instead.
Writing in the New York Times yesterday, Peter Baker noted that Trump “has rolled a giant grenade into the middle of the nation’s capital and watched with mischievous glee to see who runs away and who throws themselves on it.” Mischievous glee is one way to put it; another is that he is trying to destroy the foundations of the American government.
Baker notes that none of Trump’s selections would have been anything but laughable in the pre-Trump era when, for example, Democratic cabinet nominations were sunk for a failure to pay employment taxes for a nanny, or for a donor-provided car. Nor would a president-elect in the past have presumed to tap three of his own defense lawyers for top positions in the Department of Justice, effectively guaranteeing that he will be protected from scrutiny.
A former deputy White House press secretary during Trump’s first term, Sarah Matthews, said Trump is “drunk on power right now because he feels like he was given a mandate by winning the popular vote.”
Today Trump confirmed that he intends to bypass normal legal constraints on his actions by declaring a national emergency on his first day in office in order to launch his mass deportation of undocumented migrants. While the Congressional Budget Office estimates this mass deportation will cost at least $88 billion a year, another cost that is rarely mentioned is that according to Bloomberg, undocumented immigrants currently pay about $100 billion a year in taxes. Losing that income, too, will likely have to be made up with cuts from elsewhere.
Finally, today, CNBC’s economic analyst Carl Quintanilla noted that average gasoline prices are expected to fall below $3.00 a gallon before the Thanksgiving holiday.
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