World War I

Speaker McCarthy lays out initial cards in debt ceiling debate: 5 essential reads on why it's a high-stakes game

Retrieved on: 
수요일, 4월 19, 2023

On April 17, 2023, McCarthy told a gathering at the New York Stock Exchange that the Republican-controlled House would vote “in the coming weeks” on a bill to “lift the debt ceiling into the next year.” The catch?

Key Points: 
  • On April 17, 2023, McCarthy told a gathering at the New York Stock Exchange that the Republican-controlled House would vote “in the coming weeks” on a bill to “lift the debt ceiling into the next year.” The catch?
  • The Democrats would have to agree to freeze spending at 2022 levels and roll back regulations, among other conditions.
  • As such, McCarthy’s comments might best be viewed as an early salvo in what could be protracted negotiations to avert a debt ceiling crisis.

1. What exactly is the debt ceiling?

    • The debt ceiling was established by the U.S. Congress in 1917.
    • It limits the total national debt by setting out a maximum amount that the government can borrow.
    • As a result, the Treasury has taken “extraordinary measures” to enable it to keep borrowing without breaching the ceiling.
    • Read more:
      Why America has a debt ceiling: 5 questions answered

2. ‘Catastrophic’ consequences

    • Well, pretty bad, according to Michael Humphries, deputy chair of business administration at Touro University, who wrote two articles on the consequences.
    • Tens of millions of Americans and thousands of companies that depend on government support could suffer.
    • The dollar’s value could collapse, and the U.S. economy would most likely sink back into recession,” he wrote.
    • Read more:
      If the US defaults on debt, expect the dollar to fall – and with it, Americans' standard of living

3. Undermining the dollar

    • Such a default could undermine the U.S. dollar’s position as a “unit of account,” which makes it a widely used currency in global finance and trade.
    • Loss of this status would be a severe economic and political blow to the U.S.
    • But Humphries conceded that putting a dollar value on the price of a default is hard: “The truth is, we really don’t know what will happen or how bad it will get.

4. Can McCarthy make a deal?

    • These could make it much harder to reach a deal with Biden over the debt ceiling.
    • “Some of the new rules spawned by McCarthy’s concessions may appear to democratize the procedures for considering and passing legislation.
    • But they are likely to make it difficult for members to get the working majority necessary to pass legislation,” Brand explained.

5. The GOP endgame: A balanced budget

The presidential campaign of Convict 9653

Retrieved on: 
화요일, 4월 18, 2023

Trump is unlikely to wind up in an orange jumpsuit, at least not on this indictment, and probably not before November 2024, in any case.

Key Points: 
  • Trump is unlikely to wind up in an orange jumpsuit, at least not on this indictment, and probably not before November 2024, in any case.
  • Yet if he does, he would not be the first candidate to run for the White House from the Big House.
  • In the election of 1920, Eugene V. Debs, the Socialist Party presidential candidate, polled nearly a million votes without ever hitting the campaign trail.
  • By the time he was imprisoned for sedition, Eugene Victor Debs had enjoyed a lifetime of running afoul of government authority.

Representing American socialism

    • For the next 30 years, Debs was the face of socialism in America.
    • He ran for president four times, in 1900, 1904, 1908 and 1912, garnering around a million votes in the last cycle.
    • In April 1917, when America joined World War I’s bloodbath in Europe, Debs became a fierce opponent of American involvement in what he saw as a death cult orchestrated by rapacious munitions manufacturers.
    • One June 18, 1918, in an address in Canton, Ohio, he declared that American boys were “fit for something better than for cannon fodder.” In short order, he was arrested and convicted of violating the Sedition Act.

A ‘front cell’ campaign

    • Yet Debs did not let incarceration keep his message from the voters.
    • In a wry response to Harding’s “front porch” campaign style, in which the Republican candidate received visits from the front porch of his home in Marion, Ohio, the Socialist Party announced that its candidate would conduct a “front cell” campaign from Atlanta.
    • The New York Times was aghast that a felon might canvass for votes from the motion picture screen.

Public opinion turns

    • Debs was a distant third, but he had won 3.4% of the electorate – 913,693 votes.
    • Debs’ personal best showing was in the presidential election of 1912, with 6% of the vote.
    • But public opinion had turned emphatically in favor of the convict-candidate.
    • He raised his hat in one hand, his cane in the other, and waved back at them.

Donald Trump and the dying art of the courtroom sketch

Retrieved on: 
화요일, 4월 18, 2023

Because Trump is the first former U.S. president to be criminally indicted, there is immense public interest in this case.

Key Points: 
  • Because Trump is the first former U.S. president to be criminally indicted, there is immense public interest in this case.
  • Yet with more and more jurisdictions allowing cameras into courtrooms, courtroom artists now find themselves working in a dying field.
  • Having studied both courtroom sketches and tabloid crime photography, I sometimes wonder what might be lost if courtroom art were to become extinct.

The history of courtroom sketches

    • Despite their dwindling numbers, courtroom artists are still able to pursue their craft because many judges continue to forbid photography in their courtrooms.
    • Yet a national standard for banning cameras in U.S. courtrooms is less than 100 years old.
    • When news photography flourished after World War I, courtroom photographs became a staple of tabloids such as the New York Daily News.
    • After investigating the sensational publicity surrounding the Hauptmann trial, the American Bar Association went on to ban courtroom photography in Canon 35 of its 1937 Canons of Judicial Ethics.

An artistic flash

    • Working with a print or television news agency, freelance courtroom artists need to draw quickly to meet news deadlines.
    • Part of the drama stems from a courtroom artist’s ability to compress hours of court action into a single drawing.
    • It is in this way that courtroom sketches can make viewers feel the emotional pull of the trial’s main characters.

One sketch goes viral

    • This is what happened in Jane Rosenberg’s viral courtroom sketch of Trump.
    • Made up of energetic pastel-chalk lines that are suggestive but ultimately unfinished, the rough sketch aesthetically aligns with the moral “sketchiness” that has long dogged Trump.

The afterlives of courtroom sketches

    • Even though the practice of courtroom illustration has been described as a dying art form, courtroom sketches, like other cultural artifacts, are not only preserved in special collections and exhibits; they can also evolve through successive framings and interpretations.
    • In our current digital world, courtroom sketches can go viral on social media, especially if the artist fails to accurately capture the likeness of a high-profile, celebrity defendant.
    • Rosenberg herself is no stranger to creating viral courtroom sketches.

Africans in World War 1: artist William Kentridge's epic theatre production restores forgotten histories

Retrieved on: 
일요일, 4월 16, 2023

South African artist William Kentridge became world famous for his charcoal drawings and hand-drawn animated films, but his work continued to grow in scope and he began staging performances.

Key Points: 
  • South African artist William Kentridge became world famous for his charcoal drawings and hand-drawn animated films, but his work continued to grow in scope and he began staging performances.
  • The production was first performed in London in 2018; its South African premiere was delayed by three years because of the COVID pandemic.

How was the idea for the production hatched?

    • It’s an old military structure 85 metres long – so the idea came for a processional piece using that length, connected to the military.
    • And that brought us back to the idea of the First World War.

What did you find out about Africans in WW1?

    • So the idea was to look at this hidden history of Africa in the First World War.
    • And the Head & the Load is an attempt to note their actions and give recognition and record them.
    • They were not inscribed in stone in the way that so many European names are, both in Europe and in the former colonies.

How do you achieve the combination of so many art forms?

    • We used that letter as part of our text.
    • And there are dances done in the north of South Africa in skirts, based on the kilts of Scottish soldiers.
    • This mixture of African dance and military drilling is still performed today, a remnant of the war.
    • So we used all these mediums to try to make a collage of experience for a viewer watching the play.

Where did the title come from?

    • It implies that there is both the physical load on the shoulders and a historical load of history which is borne by people going through the world.
    • And there is a psychic load – the sense of being ignored, of being silenced, of being invisible.

BofA Announces 2023 Art Conservation Project Grant Selections

Retrieved on: 
목요일, 4월 13, 2023

CHARLOTTE, N.C., April 13, 2023 /PRNewswire/ -- Bank of America announced today that 23 cultural institutions have been named as recipients of the 2023 Bank of America Art Conservation Project. They represent a diverse range of artistic styles, media and cultural traditions across China, Colombia, France, Lebanon, Mexico, Singapore, South Africa, Sweden, the U.K. and the U.S.

Key Points: 
  • CHARLOTTE, N.C., April 13, 2023 /PRNewswire/ -- Bank of America announced today that 23 cultural institutions have been named as recipients of the 2023 Bank of America Art Conservation Project .
  • Since 2010, Bank of America's Art Conservation Project has supported the preservation of paintings, sculptures, and archeological and architectural pieces of critical importance to cultural heritage and the history of art.
  • The Art Conservation Project is one demonstration of BofA's commitment to promoting cultural sustainability and making the arts more accessible and inclusive in communities.
  • For a full list of museums receiving grants through the 2023 Bank of America Art Conservation Project, please view the 2023 Art Conservation Project brochure .

BofA Announces 2023 Art Conservation Project Grant Selections

Retrieved on: 
목요일, 4월 13, 2023

CHARLOTTE, N.C., April 13, 2023 /PRNewswire/ -- Bank of America announced today that 23 cultural institutions have been named as recipients of the 2023 Bank of America Art Conservation Project. They represent a diverse range of artistic styles, media and cultural traditions across China, Colombia, France, Lebanon, Mexico, Singapore, South Africa, Sweden, the U.K. and the U.S.

Key Points: 
  • CHARLOTTE, N.C., April 13, 2023 /PRNewswire/ -- Bank of America announced today that 23 cultural institutions have been named as recipients of the 2023 Bank of America Art Conservation Project .
  • Since 2010, Bank of America's Art Conservation Project has supported the preservation of paintings, sculptures, and archeological and architectural pieces of critical importance to cultural heritage and the history of art.
  • The Art Conservation Project is one demonstration of BofA's commitment to promoting cultural sustainability and making the arts more accessible and inclusive in communities.
  • For a full list of museums receiving grants through the 2023 Bank of America Art Conservation Project, please view the 2023 Art Conservation Project brochure .

Chapters Health Foundation Presents American Veterans Traveling Tribute

Retrieved on: 
목요일, 3월 30, 2023

MARATHON, Fla., March 30, 2023 /PRNewswire/ -- Chapters Health Hospice invites attendees of the 2023 Southernmost Air Spectacular to experience the American Veterans Traveling Tribute (AVTT), presented by the Chapters Health Valor Program. The tribute will be available at the air show on Boca Chica Field at Naval Air Station Key West, Florida on Saturday, April 15 and Sunday, April 16, 2023. Gates open at 10 a.m. with free admission and parking.

Key Points: 
  • MARATHON, Fla., March 30, 2023 /PRNewswire/ -- Chapters Health Hospice invites attendees of the 2023 Southernmost Air Spectacular to experience the American Veterans Traveling Tribute (AVTT), presented by the Chapters Health Valor Program .
  • The AVTT travels the United States to honor American military Veterans and First Responders and educate communities about U.S. history.
  • "We're thrilled to once again work with the American Veterans Traveling Tribute to pay respects to our Veterans and First Responders," said Adam Stanfield, vice president of development and executive director, Chapters Health Foundation.
  • "AVTT is once again proud to be joining the Air Show event in Key West Florida," said Don Allen, founder and CEO, American Veterans Traveling Tribute.

Steves Family Recognized for Historic Impact on Texas

Retrieved on: 
월요일, 3월 27, 2023

During the two-day 2023 Conference on Texas at the Witte Museum , the 12th annual Texas Trailblazers Award Luncheon honored the Steves family for their history of philanthropy and community involvement.

Key Points: 
  • During the two-day 2023 Conference on Texas at the Witte Museum , the 12th annual Texas Trailblazers Award Luncheon honored the Steves family for their history of philanthropy and community involvement.
  • In 1919, Edward’s son Albert Steves Sr. then opened Steves Sash and Door Company and began manufacturing millwork in San Antonio, which was later managed by his grandson, Marshall Steves, Sr.
  • In 1955, Marshall Steves Sr. made the decision to exclusively manufacture hollow core doors, which remains the core business of Steves & Sons today.
  • “While entrepreneurism was passed on generation to generation, so was the need for public service,” said Edward G. Steves, CEO of Steves & Sons, at the Texas Trailblazers Award Luncheon.

Origin Investments Predicts Fourth Largest Annual Rent Growth Decline in U.S. History

Retrieved on: 
목요일, 3월 2, 2023

The median annual rent growth rate between January 1947 and January 2023 is 3.5% according to the St. Louis Fed .

Key Points: 
  • The median annual rent growth rate between January 1947 and January 2023 is 3.5% according to the St. Louis Fed .
  • Further, between June of 2021 and October of 2022 the median annual growth rate was 15.06%, according to the Zillow Observed Rent Index .
  • “One year of negative rent growth doesn’t mean the sky is falling,” said David Scherer, co-CEO, Origin Investments.
  • What we’ll be seeing in 2023 is a logical correction.”
    The rarity of annual negative rent growth, according to Origin, further underscores the historical strength of the sector.

East Palestine, Ohio Residents Sue Norfolk Southern Corp. for Train Derailment and Pollution, Hagens Berman Attorneys Allege Negligence and Reckless Indifference, Seek Injunctive Relief and Oversight of Safety and Compliance Programs

Retrieved on: 
금요일, 2월 24, 2023

It seeks to recover damages on behalf of all injured businesses and residents/individuals located within 30 miles of the derailment.

Key Points: 
  • It seeks to recover damages on behalf of all injured businesses and residents/individuals located within 30 miles of the derailment.
  • The lawsuit also requests injunctive relief in the form of oversight to Norfolk Southern’s safety and compliance programs.
  • If you live in or near East Palestine and have been affected by the Feb. 3, 2023, Norfolk Southern train derailment and subsequent chemical pollution, find out your rights.
  • Find out more about the case against Norfolk Southern for the Feb. 3, 2023, train derailment in East Palestine, Ohio.