In The Shadow Of Mt Hollywood

One thing I began to notice about this decade's crop of highly publicized corporate fiascos and white-collar crooks is how many people come from the upper echelons of society. Stockton Rush, late CEO of OceanGate, was descended from two signers of the US Declaration of Independence and has degrees from Princeton and Harvard Business School. Alissa Heinerscheid, one of two Bud Light executives put on leave after the Dylan Mulvaney debacle, comes from a wealthy Houston family, went to the upper-crust Groton prep school, and has degrees from Harvard and Wharton. Sam Bankman-Fried, founder of FTX, went to the elite Crystal Springs Uplands private school and then MIT; his parents are Stanford professors. His FTX colleague Caroline Ellison went to Stanford; her parents are MIT professors. Elizabeth Holmes, who went to prison for the Theranos fraud this past May, is descended from the Fleischmann Yeast fortune, went to the private St John's School in Houston and then to Stanford, ...

John Sexton at Hot Air didn't even bother to put up a new post. He just edited the title of the same one I linked yesterday, The rebellion in Russia is really happening (Update: It's over) . The outcome of all yesterday's excitement turned out to be a hybrid of Valkyrie Lite and the Whiskey Rebellion -- the feckless coup attempt by the Stauffenberg plotters was put down within hours by Hitler on July 20, 1944, but it was followed by ruthless executions of thousands. In contrast, George Washington put down the Whiskey Rebellion in 1794 on terms a lot like Putin's: Washington himself rode at the head of an army to suppress the insurgency, with 13,000 militiamen provided by the governors of Virginia, Maryland, New Jersey, and Pennsylvania. The rebels all went home before the arrival of the army, and there was no confrontation. About 20 men were arrested, but all were later acquitted or pardoned. The bottom line for Hitler, Putin, and Washington was that the variou...

It looks like we have news that overshadows both new Hunter e-mails and the imploded Titanic sub, so of couse, these are the headlines at the conservative Rantingly aggregator as I write this (click on the image for a larger version): The big thing that's impressed me over the past few months has been how easily Conservative Inc has segued from spring break into Memorial Day into Juneteenth and is now heading into an early Fourth of July. And Labor Day isn't that far off! John Sexton at Hot Air covers it thus : Normally I don’t work this late but there are potentially world-changing events happening tonight. . . . I’m running out of steam so I’m going to call it a night. I’ll probably update this some more in the morning. Putin is comparing events to the Whites vs Reds in the 1918 civil war, but ol' John Sexton doesn't like working late. It's all about him as he desultorily skims over history. And it's now morning, but it looks like he's so pooped ...

There's something evocative about the story of the Titanic sub. It probably owes a lot to the Titanic myth itself, which is reflected in the title of the book Down with the Old Canoe: A Cultural History of the Titanic Disaster by Steven Biel (1997), which according to this review , ". . . seared itself into American memory not because it was timeless but because it was timely". . . . Groups on all sides of the volatile issues of gender, class, religion, and race all found in the Titanic lessons and judgements to bolster their causes. The much smaller Titanic sub disaster is having the same effect. Biel's title, by the way, is taken from a 1938 country song by the Dixon Brothers: The lyrics conclude, Your Titanic sails today, on Life's Sea you're far away For Jesus Christ can take you safely through Just obey his great command, over there you'll safely land You'll never go down with that old canoe Sailing out out to win her f...

What's held my attention most in the story of the missing Titanic sub is the subplot involving wealth -- and it sounds like much of it is either inherited or of unidentifiable origin -- and a strange subcluture where a clique of wealthy people feed their own deep insecurities. Let's just start with the CEO of OceanGate, Stockton Rush. According to this story, In past media appearances, Rush appears calm, collegiate and telegenic. With silver hair and business-casual attire, he looks like he might be more at home on the golf course than thousands of feet under the sea. However, questions are now swirling about some of his decisions related to the submersible. . . . Rush has described himself as having been "born into" wealth and then "grew it," according to a 2017 Bloomberg profile. The grandson of an oil and gas magnate, he became a private investor alongside working in aviation, earning his pilot's license at the age of 19, the outlet reported...

As I look at this morning's news, I'm beginnoing to think Austrian Col Markus Reisner buried the main insight in the presentation I linked yesterday. I quoted him there : The West will only support Ukraine as long as the West believes it is important to support the war against Russia, and the West believes the Ukrainian forces are winning. For now, the second part of his statement is key, and it sounds as if President Zelensky is acutely aware of the problem, especially since Ukraine's winter counteroffensive didn't happen at all, and the spring counteroffensive, which Zelensky announced only on June 8, has apparently now been paused after only a week. But even as of June 8, the day Zelensky announced the start of the counteroffensive, Forbes reported problems : A Russian artillery strike on a Ukrainian vehicle column during a daytime assault on or around the town of Novopokrovka—35 miles southeast of Zaporizhzhia city in southern Ukraine—apparently knocke...

As of June 11, Ukraine's President Volodymyr Zelensky appears to have confirmed that his country's long-awaited counter-offensive against Russia has started. "Counter-offensive and defensive actions are taking place," he said. But he added that he would not talk in detail about which stage or state the counter-offensive was in. The comments come after an escalation of fighting in the south and east of Ukraine and speculation about progress of the widely anticipated push. But as oif June 18, only a week after that announcement, The Institute for the Study of War reported , Ukrainian forces may be temporarily pausing counteroffensive operations to reevaluate their tactics for future operations. Head of the Estonian Defense Forces Intelligence Center Colonel Margo Grosberg stated on June 16 that he assesses "we won't see an offensive over the next seven days.” The Wall Street Journal similarly reported on June 17 that Ukrainian forces “h...