June 24, 2020
Editor’s Note From Buck: I’ve been thinking about a move from NYC for years, and now, given the insanity of the street mobs and COVID-19 lockdowns, that process is more important than ever. But I really want to make the right decision, especially given how uncertain the economy feels right now.
I’m checking out properties in Austin, Charleston, Jacksonville, and Memphis. Not only am I thinking about buying my first real home – which is itself a huge decision – I’m actively looking at investment properties in these cities too. I think we are at the beginning of a move away from the American Metropolis – New York City, Chicago, Los Angeles – and a huge transfer of people and wealth to smaller cities in low-tax states.
This isn’t my area of expertise though… I’m a politics guy. That’s why I pay such close attention to everything Steve Sjuggerud is writing on the topic of real estate these days. I want to know that I’m making the smartest moves possible, and Steve’s track record speaks for itself. Tonight, Steve is going to share all his real estate secrets in a free online event. You can click here to register.
Why Shouldn’t Yale Be Canceled?
By Buck Sexton
The statue-toppling mobs are expanding their target set every day. At first it began with Confederate statues. This was a smart move, as the Confederacy was a traitorous secessionist movement that fought to protect the horrific institution of slavery. In the early moments of today’s iconoclasm spasm, there was considerable support from Republicans and the public for rethinking the place of the Confederacy’s monuments and flags.
Now we know what the real plan was… The protestors – and let’s be very clear, this is a Democrat movement – are going after many of the most revered figures in American history. It’s hard to keep up with the list of historical figures who’ve recently been deemed unacceptable in just the last week.
Presidents of the past have become a favorite mob target. A statue of George Washington, the father of the nation, has been desecrated. There’s currently a committee meeting in New York City to determine whether a statue of Thomas Jefferson that stands near the city council should be removed.
A bronze sculpture of Ulysses S. Grant, the former president and Union general who defeated the slave-holding south, has been ruined. Even Teddy Roosevelt’s statue in front of the American Museum of Natural History in Manhattan is about to be removed, after 70 years in a place of public honor.
There are far more obscure figures who have had their statues, busts, or plaques vandalized… Saint Junípero Serra, Albert Pike, and Juan de Oñate monuments have all been attacked. Any person or institution that the Left can argue had ties to slavery or oppression of indigenous people is just one mob visit away from becoming erased from the public square.
Nobody seems to have an answer yet as to how to stop this. In cities across the country, police aren’t arresting these ideologically motivated vandals. And even if they do, many district attorneys would refuse to prosecute the cases in any meaningful way. They generally sympathize with the beliefs of the protestors and have no interest in hurting their careers by punishing anyone associated with the Black Lives Matter movement.
But there might still be a way to turn the tide against these lunatics. What if enough Americans demand that the outrage mob lives under the same rules that they enforce against everyone else?
What if those who cancel others came under threat of cancellation themselves?
That was the idea behind the #CancelYale campaign that was trending nationally on Twitter last weekend. Conservative commentator Ann Coulter wrote an editorial pointing out Yale University’s founder, Elihu Yale, was in fact a slave trader. My friend (and occasional American Consequences contributor), radio host Jesse Kelly, pushed this idea of #CancelYale online, and it went viral.
The argument is straightforward… If statues of America’s founders should be torn down because of various figures’ history with slavery, why should the university system escape public sanction and atonement for the sins of its founders? Yale, in 2017, already changed the name of one of its dormitories – named for John C. Calhoun, vice president of the United States from 1825 to 1832 – because of his ownership of slaves and support for the expansion of that odious practice.
So what’s the problem with changing the name of Yale University altogether? It’s just a name, isn’t it?
It’s not between the political parties. And it’s not between the states and Federal government. But this battle will DEFINITELY affect you and your money over the next few years. You have to choose which side you’ll be on–and you have to decide now. Porter Stansberry explains here…
Well unsurprisingly, an ultra-elite academic institution with a $30 billion endowment is slow to toss away all that brand value. Yale’s trustees think social justice is great, but they spent four years in New Haven, Connecticut so they could tell people at cocktail parties their alma mater is Yale… and wait for that knowing nod of approval.
And for you Brown University alumni out there, don’t think your school escapes the “wokeness” history purge. The Brown family owned and traded in slaves, and 30 members of Brown’s governing board owned slaves as well. In fact, slave labor was used to build the Brown University campus. Just because the school has written lengthy reports on this – and opened the Center for the Study of Slavery and Justice in 2012 – does that really mean it should keep the name?
Of course, neither Yale nor Brown will ever change their names. They are institutions that, above all else, are valuable because of their brand recognition. They will bend the knee, beg forgiveness, and say whatever the social justice mob demands… But they aren’t changing their names. No way.
To be clear… I think this whole iconoclastic surge is pure madness. But as the Democrat-Left mob keeps getting its way, it becomes bolder and more extreme. Perhaps the only way to make this stop is one of the simplest – that everyone lives under the same set of rules, no matter how much culture and history are destroyed along the way.
Now here are some of the stories we’re reading…
The decline of the U.S. dollar could happen at ‘warp speed’ in the era of coronavirus
Prominent economist is calling for the dollar to soon decline 35% against its major rivals, citing increases in the nation’s deficit and dwindling savings.
How the Coronavirus Recovery Is Changing Cities
As cities emerge from coronavirus lockdowns, the way people use parks, stores, restaurants, transit, streets and homes is changing in ways both subtle and dramatic.
That Big Vacation You Scrapped Is Already Selling Out for Next Summer
There’s already competition to reserve major international trips in 2021 as people who canceled because of coronavirus look to roll over the money they already spent.
The Cave Kingpin Buying Up America’s Underground
John Ackerman has spent millions procuring a majority of the known caves in Minnesota, which add up to dozens of miles of underground passageways and likely make him the largest cave owner in the U.S.
And let us know what you’re reading at [email protected].
Executive Editor, American Consequences
With P.J. O’Rourke and the Editorial Staff
June 24, 2020