Preamble
I recently returned from the Undisclosed Location at the Rio Grande National Forest in the San Juan Mountains of Southwestern Colorado. Beginning in approximately 2002, a spruce beetle (Dendroctonus rufipennis) epidemic has been spreading across this region, peaking in 2014 but still going on to this day. For those not familiar, the primary pests of slow-growing mountain conifers are bark beetles; spruce, fir and pine all have closely related species of this pest that will attack. About the size of a pencil lead, these little buggers are naturally occurring in all mixed conifer forests at varying background levels. They survive by boring into tree bark where they then lay their eggs. The larva hatch and grow within the tree, typically taking two years before reaching maturity and going out on their own to a new tree.
As the larva mature, they burrow around within the tree creating a “gallery”. The larva, along with the adult beetles, disrupt the flow of xylem and phloem in the tree. The trees do have natural defenses against the beetles and a tree that is attacked does not always die. The tree will usually push sap through the gallery to try and push out enough of the invaders so that their activity is not fatal. However, every so often, conditions become favorable for a population explosion of the pests. They’ll multiply like crazy, finding abundant resources and will go on a mass killing spree until they run out of food. Before you know it, you have a ghost forest.
For the past 20ish years, the mean temperature in the Southern Rockies has been about 2F higher than historic averages. This gets environuts’ panties in a twist even though mean temperature is meaningless when it comes to the beetles, except indirectly in how it relates to drought (don’t worry, this is not going to turn into a rant against “climate change”, though warm winters are part of the issue). One of the negative feedbacks against beetle epidemics is transient extremely low temperatures. If the temperature drops to -40F for a continuous 24-hour period, the beetles will die and the invasion will end. Temperatures that low are not unusual in the Rockies, but it is unusual for it to stay that low for that long. The other factors important to an outbreak are drought and overall tree health. Drought is also not uncommon in this part of the country; in fact it’s been part and parcel of life in the American Mountain West since long before the alphabet soup networks even existed, let alone took notice of it in service to their agenda. More precipitation provides more resources for the trees to defend themselves.
None of that matters though if the forest is overcrowded, creating a high median tree age and fierce competition for resources. All of that increases tree stress and makes them much more susceptible to attack. Decades and decades of fire suppression and forest mismanagement in the West has created extreme overcrowding in many of the forests. Forest fires also get environuts’ panties in a twist, but they, in their hubris and stupidity, fail to understand that small fires thin out and renew forests. By suppressing fire completely (which has been policy for 100 years) the forest gets beyond crowded, making a catastrophic fire that completely sterilizes the landscape much more likely. If you keep suppressing so that even such a catastrophic fire doesn’t happen, the beetles move in; which leads me to the first lesson of the ghost forest.
Human Hubris is Boundless
Humans’ relationship with Nature has changed significantly since the Industrial Revolution. In a primarily agricultural society, people view Nature with fearful awe; it is either a life-giving force that helps your crops grow and provides for you, or it is a cruel puppeteer starving and torturing you. As humans have become more urbanized and less connected to this dichotomy, they have begun to view Nature through rose-colored glasses and idealize it as a long-suffering Mother ruined by the sinfulness of human existence (see also: watermelon cult of Gaia). In our hubris, we began thinking we could save Nature from our nefarious influence and started meddling. Admittedly, some of this has resulted in positive outcomes and we have cleaner air and water as a result. But most of the time, when we try to manipulate Nature, even with noble and pure motives, we just fuck things up worse once Nature reasserts itself.
When looking at the ghost forest around the Undisclosed Location, I’m filled with sadness at the destruction, but I also laugh at Nature smacking down our forestry “experts” for trying to circumvent its will. The trees must die off; whether that be through fire or through disease, Nature will find a way no matter how much we try to fuck with it. Which segues to lesson two.
Nature is Right and We’re Wrong
The miraculous thing about this process is that, not only is it necessary, it’s healthy. To us, forests are immovable, unchanging monoliths. Especially in coniferous forests, the trees grow so slowly and live so long that in our limited view, we think that they will continue in their present form perpetually. Therefore, again in our hubris, we believe that preserving that form at all costs is the right thing to do and that we are actually helping Nature. We’re wrong. The forest is a living organism just as much as a human city. There are cycles of birth, death and rebirth happening all the time, even if it’s on a timescale too long for an individual human to appreciate. Pioneer species move in, thrive, die off and make way for new species over hundreds of years. After all, trees, just like us, don’t live forever, but we like to think they do. Understanding that something so huge, ancient and apparently implacable as a 500-year-old, 150-foot-tall Engelmann spruce is mortal brings our own fleeting mortality into stark relief. Protecting the forest really means protecting ourselves from the inevitability of Death.
The beauty of this system, however, is that the beetles only attack trees over a certain trunk diameter, leaving the babies (“only” 30 or 40 years old) unharmed. Unhobbled by competition for resources from their elders, and with new, abundant access to sunlight, the babies have explosive new growth; up to a foot per year in some cases (insanely fast for high altitude conifers). Furthermore, the aforementioned abundant sunlight activates dormant underground complexes of aspen (which can’t grow without it) to start sending up shoots. Aspen is the weed of the tree world and will grow like a plague if given the chance. Soon (only 10 or 20 years) the forest will be filled with aspen and the baby spruce will slow down again (but not die). If you were able to peer down to the forest floor of the picture above, you’d see an explosion of life restarting the endless struggle of existence. Which leads me to the final lesson from the ghost forest.
The Two Most Important Survival Qualities are Resilience and Determination
The forest itself is incredibly resilient. It bounces back amazingly quickly from a beetle Holocaust, fire or even human-caused catastrophes like clear-cutting. But I speak now not of the overall resilience and health of the forest as amazing as it is, but of individual trees. Walking through the ghost forest, very occasionally, maybe 1 in 500 trees, you’ll see a tall, noble, ancient tree that stood its ground and survived the onslaught. You’ll see the sawdust from the beetles at the base and the holes made as they emerged. You’ll see the “pitch out” where the tree tried to flush out the invaders with sap. Somehow, while all its peers were succumbing to the epidemic, it stood tall and survived. How? Why? Was it pure luck? Probably. But I like to think that somewhere deep down in its non-sentient existence, it just wouldn’t give up. Its determination to survive and resilience in the aftermath mean it stands alone and earns the privilege of life. Even if that’s overly romantic anthropomorphizing, I still think it’s a very valuable lesson.
Coda
All susceptible trees around the Undisclosed Location died in 2010. The beetles have moved on and will continue moving on until they run out of food and eventually they too die. In the intervening years, it has been amazing to watch the forest begin the long process of regeneration. Already in places that just five years ago were bare, aspen are six feet tall. The ghosts of the past still haunt the forest, and will likely continue to stand for another decade or two before falling down and returning their life essence to the ground from which they sprang. Someday, in a couple hundred years, the baby spruce that survived this plague will have grown beyond the aspen, blocking out the sun and thirstily drinking up all the resources. The aspen will then die or go dormant in the ground, waiting for the next unspeakable massacre; just as we, along with who knows how many subsequent generations, will be dead. And so it goes.
Great article.
Let it burn.
I love his conclusion… That picture rocks it.
Forest fires also get environuts’ panties in a twist, but they, in their hubris and stupidity, fail to understand that small fires thin out and renew forests.
That’s why I set ’em, to keep housing developments healthy and robusts.
A Q article about wood.
Would read
I’m reminded of a fun fact about forest fires, though it’s antipodian.
Eucalyptus trees are well adapted to fire. So much so that they grew extra-oily to encourage fires to wipe out their competition and allow them to take advantage of the aftermath. If fires are prevented for too long, when one comes along the Eucalyptus trees almost literally explode from the excess oils built up in their structure.
Similar – but not as dramatic – Jack Pine cones need a fire to open and release their seeds.
So do Lodgepole Pines in the MT, WY, ID area. Yellowstone NP is covered with young pines because of the 1988 fires complex.
The burn was inevitable, but was much larger because of ~75 years of fire suppression let the fuel loads grow to enormous amounts.
Let them burn!
I was thinking this was all pretty gay until I reached the end.
Nods..
Dendrophilia is no joke son.
How do they avoid unfortunate splinters?
600 grit sandpaper
Aspen is the weed of the tree world and will grow like a plague if given the chance.
Surely you mean elm.
Elms have nothing on aspen clonal colonies. And don’t call me Shirley.
That is crazy! Never heard of that. Very interesting.
Yeah, there’s a clonal colony of aspen on the road between Banff and Johnston Canyon in Banff National Park (Alberta, Canada). It too is very, very old, though Pando’s got it beat fairly handily, I believe.
Tree of Heaven. Fuck those things.
Interesting. Your discussion of the beetle dynamics is dead on target – they hit the pinon forests in northern New Mexico, too, and wiped out huge areas of pinons.
I use to own some property up there (it was actually a pretty rare piece of old growth pinon forest that had never been cut – they get bigger than you think) that the beetles basically left alone. Our speculation was that the micro-climate around there was just a hair wetter than where the forests got wiped out. You could see it in the undergrowth – there was actually decent grass for grazing and some different forbs growing. I think drought may be a little bigger variable than temperature in the beetles getting so out of hand, but IANAS.
This is turning into a trip down memory lane, now that I think about it.
When I lived in Wisconsin, there was an outbreak of oak wilt that was taking a lot of oak trees (I think mostly red oaks). I had some incredible white oaks that weren’t bothered by it. True story – one of them died of something else, and a friend of mine who makes furniture asked to take it. I let him (what a farging project taking down an old-growth oak is, BTW – the trunk was nearly fifteen feet long and weighed two tons or so). When he took it to the sawmill, they found some Civil War era pistol bullets in it.
When I lived in Texas, they were having a big live oak die-off around the Hill Country (can’t recall why). Again, my trees made it, but it was tragic to see grandfather oaks dying before your eyes. I love live oaks, maybe my favorite tree.
Nature is the honey badger of, well, nature. It just doesn’t give a fuck.
I’m amazed how resilient trees are – until they aren’t.
Growing up in a suburb, we had a massive oak tree in the back yard. It was beginning to rot away when I was a teenager. 30+ years later, that tree is still standing, looking pretty much the same it did way back then. Apparently that rot hasn’t been enough to kill it.
My brother has a big catalpa that’s been dying since long before he bought the place. It was a weedy looking thing, big dead branches and little clusters of growth. Scarecrow tree. Last year he finally had it trimmed down to the top of its trunk. He figured he’d build a platform up there for his son. Then it sprouted tons of new branches.
Coppicing. Well-known timber industry management technique.
Technically, the honey badger is the honey badger of nature.
The best kind of correct!
Reminds me: Got Mrs. Dean the “My Spirit Animal Is The Honey Badger” t-shirt. Its now on her short list of faves.
Interesting. Your discussion of the beetle dynamics is dead on target – they hit the pinon forests in northern New Mexico, too, and wiped out huge areas of pinons.
They’re in Northern Arizona too. Its pretty bad in some areas around Flagstaff.
Amazing article, Q. I think progs are often experiencing a sort of arrested adolescence; they want a stability that simply isn’t realistic. Whether it is ecology or economics, they don’t seem to understand that the Shiva principle is part and parcel of life. Hell it, it is fundamental.
Metathesiophobia.
Compared to your other essays, this was much more Taoist than Abrahamic in outlook.
ABRAHAM THIS!
http://i.pinimg.com/736x/c5/1d/54/c51d5421bedc34e833d073f7888a3588.jpg
I would like to put the sacrificial stick to her..
Bare the rod, spoil that child.
Holy cats! Now THAT’S what I call the Tao.
and the holes made as they emerged
STEVE SMITH NOT TAKE BLAME FOR ALL HOLES CREATED.
STEVE SMITH DOES HOWEVER TAKE ADVANTAGE OF ALL HOLES CREATED.
STEVE SMITH responded to my last tweet.
STEVE SMITH AIMS TO GO VIRAL. AND BY GO VIRAL MEAN RAPE… TWITTER.
Obligatory.
http://archive.is/UvN61
#2’s circle game is on point.
One more on natural cycles:
Texas and the Southwest have been having a pretty bad drought. There was a fascinating article in the local paper when I lived in West Texas, comparing the current drought with past droughts (the Dust Bowl and a drought in the ’50s). The area typically got around 24″ of rain year, give or take, and even during the current drought was getting 12″ or more every year. The past droughts saw years go by without a drop of rain. It actually changed the landscape – mesquite moved in and took over, and mesquite is such a water hog it actually lowers the water table (which is one reason why, when you get mesquite, its so hard to get rid of). Streams dried up and have never come back, the kinds of grass that would grow there changed almost completely, etc.
Spudalicious used to do very well when forest fires broke out. His slogan was, “Black trees make green wallets.”
What a racist shitlord!
Have you checked the price of Ebony and Black Walnut these days?
More or less than arugula?
I don’t know, what’s the price per board foot of arugula?
About a nickel ninety eight.
Freedom costs a buck o’ nine.
Ebony and Black Walnut
Do they live together in perfect harmony?
No, there was a machete genocide a few years ago, now they don’t trust each other.
We had a fire on my pinon parcel in NM. Really fast; basically stripped the bark off of about 12 – 14 acres of trees. I didn’t make money on it, but I did the dead pinons cleared for free, because there is a nice market for pinon firewood – nothing smells better when it burns.
Okay, is Hotel California in Conn.? My shipment keeps checking out of there but never leaves:
“The beauty of this system, however, is that the beetles only attack trees over a certain trunk diameter, leaving the babies (“only” 30 or 40 years old) unharmed. Unhobbled by competition for resources from their elders, and with new, abundant access to sunlight, the babies have explosive new growth; up to a foot per year in some case”
So the beetles are like the Sandmen of the tree world?
Great article!
These two will sag with time.
I have to admit that this made me laugh quite a bit.
Millennials and their dating rules.
https://www.nbc4i.com/news/u-s-world/man-ditches-date-steals-her-car-to-take-second-woman-to-movies/1311308598
The guy has balls enough to do all that but can’t talk two women into a threesome?
Fuckin’ Millenials. Always so lazy.
I know there’s a couple of parks here in the Cleveland area that are slowly showing the transition between areas. One was a meadow that they’re allowing to slowly turn into forest, another is a lake (really a wetland at this point), that they’re allowing to naturally transition into a meadow. I’m sure there’s others that I’m not aware of… we’ve got a lot of parkland (rough estimate of over 20,000 acres).
Bill Kristol talks some sense.
But why stop there? If the executive is controlled by a Putinesque (if not Putin hand-puppet) enemy of the people, why appropriate its agencies money? The Senate can defund a silly parade because it would flatter Trump’s ego, but permits departments with actual policing powers to continue operating under Trump’s control? How much less damaging would be his reign of error without funds to keep the lights on at the Department of Ed or Energy? You’re telling me Democrats would prefer DeVos or Pruitt’s replacement continue spending lavishly on their agendas than that they shutter those departments and scatter their prodigious powers back to the states? The DoJ has no-shit power over the lives of people, not the pretend power Democrats attribute to Brett Kavanaugh, but actual life-and-death policing power. But they’re chill letting Sessions continue dictating matters unrelated to Mueller’s flagging probe?
Christ, Bill. Get a life. That’s just embarrassing.
And is the parade even planned? I thought it was just another bit of brain lint from Trump.
I only ask because it kinda seems like Dems (and Never Trump quislings) are less interested in hamstringing this “unprecedented” power grab (of a duly-elected executive with all rights and privileged enshrined by Congress and the Constitution, but never mind) than they are in preserving the bureaucracy and expansive powers of the feds until they can take back the reins. It’s not very compelling when your position is “We need to fed harder, we just need the right feds in the job.” Hey: fuck you. I’ll take the guy whose CFPB head requested no new appropriations from Congress.
Everyone else is virtue-signaling, in fact I’d say they learned it from Congress, why should they stop now and actually start taking their authority back?
Oh wait, it’s because they don’t want it.
Bill Kristol wants to send American soldiers to die on the Ukranian steppe, but he doesn’t think they should be allowed to soil the hallowed streets of the District with a parade, it offends his sense of propriety.
Nobody tell Bill about the Marine Corp. Sunset Parade.
Which is actually really cool. The Silent Drill Team in person is just boggling to watch.
The Silent Drill Team
Marine mimes?
better than listning to the oorah-ing.
Hater
Marine mimes?
*Heads to Q post to get that image out of my head*
Seriously, the Silent Drill Team is awesome. Even more so in person.
They all have to be between 6′ and 6’2″ (I think, it might be 5’11” and 6’1″, but I know they’re all in a two inch range of height). While it’s not an official requirement, almost all of them are 03s (infantry), although since they select guys out of the School of Infantry they’re all boots.
Fake news. There is sound on the video.
Well, they could silence everybody else at the performance, but I don’t think that’s strictly necessary (and would probably be quite noisy, what with the screaming and the gunfire and all).
What’s the matter, Bill, hasn’t Trump bombed enough brown people to satisfy your warboner?
This is a guy who I heard, live, telling me, that we didn’t need to worry about perpetual war’s consequence to our economy or the consequence to security policy and economic policy. Now, he’s getting all huffy about the cost of a parade?
Surprisingly decent CNBC interview with Steve Bannon at Delivering Alpha –
https://www.cnbc.com/2018/07/19/watch-cnbcs-full-interview-with-steve-bannon-at-delivering-alpha.html
I lived in a small, rural village in northern New Mexico (in an actual adobe house), hard up against the national forest, when the infestation began. It was an amazing process to watch. Thanks for this article, Q.
Being from my home area in Upstate NY, if I don’t have big trees around me, I don’t do well. Our place in Austin (10 year old subdivision built on former pasture) was seriously depressing. At this current place, we have huge, old oaks and shagbark hickories and back up to a nature preserve with even more. Much better for my mental health.
Lemme guess… Abiquiu?
Questa?
gesundheit
Apart from my very early years when we moved around a bit, I’ve spent nearly all my life in the Annapolis area, which, for the unfamiliar, is wooded and on the water. When I briefly moved out to San Diego it blew my mind. Driving through New Mexico and Arizona was absolutely insane to me; the closest I’d ever come to the experience of being able to see that far had been on the water. I still remember it, and I want to go back.
I was in SoCal for less than a year, and when I drove back I got lost on the DC Beltway because I’d already gotten used to the lack of trees. For the first couple of days it was totally disorienting, but I definitely missed it. Deserts are neat and stuff but I need woods and water.
Driving through New Mexico and Arizona was absolutely insane to me; the closest I’d ever come to the experience of being able to see that far had been on the water.
I hears ya. From my house in Tucson, on a clear day I can see the observatory on Kitt Peak, which is nearly 60 miles away as the crow flies. In the morning, the sun catches the white buildings at the observatory, and you can actually make out separate buildings with the naked eye.
I just don’t get it, I guess. I had a boss that left the Twin Cities to become the Chairman and CEO of Unisource Energy. He asked me to come with him. All I could think was, this would be a great opportunity both financially and professionally (and he was a blast to work with), but there is no water in Tucson. Here in Minneapolis, I am within walking distance of three lakes, two ponds, one good sized creek and the Mississippi River. It’s like when I see people fighting in the Mideast. I think, why the fuck would you want fight to live there?
De gustibus, ya know?
I think it mostly comes back to what you grew up with. When I was but a wee Dean, we visited ABQ a lot (where my folks were originally from). I’ve always really liked the high desert. I also grew up in Texas, with horizons far away and open water being pretty unusual. Tucson isn’t quite high desert, but its not unfamiliar in some ways. When I lived back east, I like the trees and the landscape, but it was always a little . . . closed in.
I would have happily lived in northern NM the rest of my life. But, I met OMWC who was – and needed to be – elsewhere, so that was that.
Southern NM and southern AZ are not my comfort space.
What, you don’t like living in a blast furnace?
Yep, living in Arizona was always a bit mind-blowing for me as someone who’d lived his whole life on the East Coast.
One of the things that fed the fires in Montana last year was the dead beetle trees. But, it’s just part of the cycle.
Our first trip to Yellowstone was in 1989 – a year after the huge fires. Miles of blackend, desolate land. We went back this year and if you knew what to look for you could see there had been a fire – large areas with particularly dense forests and all the trees the same age (30 years or so). The fact are lives are so short skews our view of the world.
My property on the Tethys Sea isn’t worth what it used to be.
First question to ask here: pics?
https://quillette.com/2018/07/18/i-was-a-female-incel/
I found this amusing.
Mueller just submitted evidence against Paul Manafort that just happens to detail links between Bernie Sanders’ strategist, Manafort, and some “Putin-connected” Russian “operative”.
Make of it what you will, but I’d be curious as to whether Mueller is using his blank check appointment to run down collusion between Bernie’s campaign and the Russians. Actually, I’m not curious at all, because I know the answer already.
The WSJ ran this article earlier in the week – Mueller has requested immunity for five witnesses in the Manafort case. Why would immunity be necessary or granted for this type of case?
https://www.wsj.com/articles/mueller-asks-judge-in-manafort-case-to-grant-immunity-to-five-witnesses-1531856459?mod=searchresults&page=1&pos=2
That immunity request seems . . . odd. Why ask the judge to grant immunity to compel their testimony? The usual deal is that the witness “proffers” their evidence (hypothetically, I could testify to x and y), and the prosecutor decides whether its worth offering immunity, and if so, what kind of immunity. The immunity is then conditional on the witness holding up their end of the deal by testifying to what they proffered.
Now, there’s a lot we don’t know, and I am not a criminal attorney (in any sense). It looks like Mueller refers to the narrower kind of immunity (“use” immunity), so maybe there is a deal already made. If so, I didn’t think it was necessary to go to a judge to grant the immunity; the prosecutor’s deal is binding. This looks like maybe Mueller is asking for the judge to grant immunity because he doesn’t have a proffer, or doesn’t want to have to enforce it if the witness breaks the deal. It stinks of the immunity deals they passed out like popcorn in the Hillary “investigation”. That investigation resulted in no indictments, but that shouldn’t happen if the prosecution gets and enforces a proffer.
I may not understand how immunity works in federal court, but this seems off to me.
immunity for Manafort’s accountants?
I was thinking people with the last name “Podesta”
Well well well
going after Bernie’s team? that’s ballsy. power and prestige finally clouding Mueller’s judgement.
Oh, he’s not going to touch Bernie’s team. Its just that Bernie’s team has the same kind of connections with the exact same Russian that a member of Trump’s team did.
Now, Mueller has admitted that they can’t hang any kind of collusion on Manafort, but that didn’t stop them from digging until they had something they could hang on him. No way Bernie’s skeezy political operative guy who has worked on foreign and US elections is any cleaner than Manafort, but we’ll never know because Mueller isn’t even going to investigate him, even though he has the exact same predicate for investigating him as he did for Manafort.
government is becoming more intrusive in an effort to stop gun crime, therefore gun control is pro-liberty.
the ACLU, ladies and gentlemen…
https://www.aclu.org/blog/privacy-technology/pro-liberty-case-gun-restrictions
Never given them a penny, don’t regret it, and never will.
i have. but no more. my charity goes to IJ and SAF.
David Burge
@iowahawkblog
1. Identify a respected institution.
2. kill it.
3. gut it.
4. wear its carcass as a skin suit, while demanding respect.
#lefties
something something have to burn the village to save it something something
Their plan was to support civil liberties so long as civil liberties protected the attempts to foment a communist revolution/takeover of the United States. They were pretty up-front that after that happened civil liberties would no longer be needed and that they would switch to supporting the state.
I guess they’re feeling that day has come.
Face Table. Because sometimes facepalm just isn’t enough.
Just about any restriction on anyone anywhere can be justified with that argument. When you’re ostensibly a “civil liberties” shop and that becomes your mantra, it’s time to close up shop and go home. You’re drunk.
Jay Stanley
@JayCStanley
Those who support expansive gun rights because they fear government need to grapple with the fact that gun violence is *increasing* the intrusiveness of government in American life
@ACLU
Those who support expansive speech rights because they fear government need to grapple with the fact that speech critical of government is *increasing* the intrusiveness of government in American life.
The ACLU needs to grapple with the fact that gun control isn’t going to reduce gun violence, and so the intrusiveness gun control will be in addition to the intrusiveness of government responses to gun violence, not (what they seem to believe), that gun control will eliminate gun violence and so we will only be left with the intrusiveness of gun control.
That’s not the issue for them.
The real problem for them is that supporting gun rights is icky among their donors and their Democrat staff.
That pretty much sums it up. Their donors lean on them to push aside or even oppose certain rights and they comply. Can’t have the $$$ drying up.
Let it burn.
The forests and the ACLU.
if only there was a beetle that only targeted leftist skin suits.
Herpes.
Beginning of beetle infestation in Idaho circa 2009.
https://photos.app.goo.gl/ianrKnGTXnpCx76F6
beautiful. which isn’t morbid since this is the natural cycle and those fucking beetles will burn for their transgressions against Mother Gaia!
Before the alphabet soup of shitty tv news networks, there were thousands of shitty statist newspapers spewing claptrap like “Rain follows the plow.”
Thankfully news outlets wised up to that, and instead promoted newer, dumber statist claptrap.
Like the forest, human government bullshit grows, dies, and regenerates.
Former Senator Phil Graham regarding social activism and political agendas in the boardroom:
Today investors with a political agenda force major energy companies and banks to evaluate the impact of fossil-fuel bans, though no government has ever instituted such a ban. A Manhattan Institute study estimates that 56% of proxy resolutions in Fortune 250 companies last year dealt with social and environmental issues. Even when such proposals are repeatedly crushed by shareholder votes, the business operations of targeted companies suffer. And corporations sometimes bow to political pressure by granting concessions in return for dropping the resolutions.
The claim that investors can do good and well at the same time by investing in socially desirable objectives is reminiscent of Bill Clinton’s 1992 campaign proposal to invest private pension funds in chosen public projects. When even union pension funds refused to put members’ retirement at risk by making “publicly beneficial investments,” President Clinton opted in 1995 to use the muscle of housing and bank regulators. Federal agencies pressured private financial institutions and Fannie Mae and Freddie Mac to promote affordable housing with subprime loans. The outcome of this experiment in promoting the public interest with private money is now called the financial crisis.
Arguments for imposing political and social objectives on business often are little more than rationalizations for forcing businesses to abide by values that have been rejected in Congress and the courts. Activists increasingly attempt to disguise their values with the cloak of fiduciary responsibility.
https://www.wsj.com/articles/keep-politics-out-of-the-boardroom-1531952912?mod=hp_opin_pos3
“By any means necessary” isn’t just a slogan for the Left.
Activists increasingly attempt to disguise their values with the cloak of fiduciary responsibility.
Activists and/or anyone who buys this is either an idiot or a liar. Fiduciary responsibilities are owed to the company and the shareholders, period, full stop. There are zip, zero, nada fiduciary responsibilities to the “public” or “society” or other “stakeholders”. Serving their interests at the expense of the company and the shareholders isn’t discharging fiduciary duties, it is violating them.