Posts by The Trend Letter

Headlines – December 7/17

  • Tech gains lift Nasdaq, consumer stocks weigh on S&P, Dow. Read story
  • North Korea says US threats make war unavoidable as China urges calm. Read story
  • US state department issues global travel warning after Trump Jerusalem speech. Read story
  • Trump faces off with Democrats over potential government shutdown. Read story
  • Bitcoin blasts through $15,000 milestone, soars 20% in 24 hours. Read story
  • The most explosive cryptocurrency these days is not Bitcoin. Read story
  • TD Ameritrade, Ally Invest to offer Bitcoin futures. Read story
  • Venturi fire rages, threatening communities both coastal and inland. Read story
  • Why there is uproar over Trump’s Jerusalem declaration? Read story
  • Media largely silent as Obama compares Trump to Hitler, warns of genocide. Read story
  • GE plans 12,000 job cuts in its power business. Read story
  • IMF: China’s financial system harbours large risks. Read story
  • AI is so complex its creators can’t trust why it makes decisions. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines – December 6/17

  • Wall St has no idea what’s going to happen to credit markets in 2018. Read story
  • Russia banned from Winter Olympics by IOC. Read story
  • Warnings intensify ahead of Trump recognizing Jerusalem as Israel’s capital. Read story
  • Oil drops as industry data show US gasoline stockpiles grew. Read story
  • Does US government shutdown on Friday? Read story
  • Putin gives strongest hint yet that he will run for Russian President in 2018. Read story
  • The issue threatening to derail Brexit. Read story
  • Bitcoin nears $13,000, has gained more than 1,200% in 2017. Read story
  • The new way to trade Bitcoin could kill its rally. Read story
  • After China, India’s central bank warns: Beware of Bitcoin. Read story
  • Socialism, capitalism seen in new light by younger Americans. Read story
  • Brent Musburger has no time for ‘snowflakes’ ‘preaching’ about NFL’s violence. Read story
  • Wal-Mart plans to change its name. Read story
  •  On the lighter side. Check it out!

Stay tuned!

Headlines – December 5/17

  • Dow, S&P struggle to stay at record heights, but tech rebound boosts Nasdaq. Read story
  • Oil holds near $57 as OPEC output drops to lowest in six-months. Read story
  • Mueller subpoenas Deutshe Bank for Trump account info. Read story
  • Senate bill ‘bombshell’ could raise taxes on tech. Read story
  • Mueller’s office has spent $3.2 million since May on Russia investigation.  Read story
  • Amazon and Alibaba battle it out in Asia. Read story
  • There’s an $814 million mystery near the heart of the biggest Bitcoin exchange. Read story
  • Here’s what S&P companies actually pay in taxes. Read story
  • Starbucks opens Shanghai Roastery, the first location with an augmented reality experience. Read story
  • The FCC plans to kill the open internet; don’t count on the FTC to save it. Read story
  • How Mercedes got caught trashing a rental Tesla Model X. Read story
  • Traffic jams as residents flee wildfires in Ventura. Read story
  • Spain withdraws international arrest warrant for former Catalan leader. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines – December 4/17

  • Dow, S&P hit new records, ‘FAANG’ stock pressure Nasdaq. Read story
  • Trump lawyer: “President cannot obstruct justice”. Read story
  • Oil slips as OPEC deal seen leading to potential shale surge. Read story
  • Bitcoin now bigger than Buffet, Boeing, and New Zealand. Read story
  • Venezuela creating difital currency amid financing crisis. Read story
  • UK looking to include Bitcoin under money laundering rules. Read story
  • Bank stocks favoured over tech as tax  bill makes headway. Read story
  • No Brexit breakthrough, Irish issue derails talks at last minute. Read story
  • Corporate winners and losers in GOP tax plan. Read story
  • Mortgage fraud frenzy spell peril for China’s banks. Read story
  • Gucci confirms tax evasion probe. Read story
  • Fox resumes talks with Disney over sale of ‘most’ of its business. Read story
  • The battle of low-cost, long-haul flights is about to go to new level. Read story
  • Ravens, NFL stumble as fans stay home. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines – November 30/17

  • Dow opens above 24,000 for the first time. Read story
  • Google faces mass legal action in UK for collecting personal data. Read story
  • OPEC is said to agree on oil cuts extension to end of 2018. Read story
  • Goldman says highest valuations since 1900 leave investors in for a world of hurt. Read story
  • Bitcoin loses a fifth of its value on less than 24 hours. Read story
  • Republican tax overhaul heads to senate floor for debate. Read story
  • UK’s May: Trump wrong to re-tweet far-right posts. Read story
  • Matt Lauer’s apology after being fired on sexual harassment allegations. Read story
  • The thinking behind Kim Jong Un’s “madness”. Read story
  • Euro-area inflation misses estimates as unemployment falls. Read story
  • Fitbit, Xiaomi knock Apple down to 3rd place in wearables shipments. Read story
  • 9 questions to ask yourself before you decide where to retire. Read story
  • How to watch the only “supermoon” of 2017 this weekend. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines – November 29/17

  • Dow, S&P hit records, but tech selloff weighs on Nasdaq. Read story
  • Bitcoin surges past $11,000 less than 24 hours after topping $10,000. Read story
  • North Korea says ‘breakthrough’ puts US mainland within range of a nuclear attack. Read story
  • Senate Republicans shove tax bill ahead as Democrats fume. Read story
  • This is the big question for oil traders as OPEC prepares ot meet on Thursday. Read story
  • NBC fires Matt Lauer for sexual misconduct. Read story
  • US third-quarter growth revised up to 3.3%, three-year high. Read story
  • This is why you need to pay attention to net neutrality repeal. Read story
  • Apple rushes to fix major password bug. Read story
  • Joseph Stiglitz, Nobel Laureate and Columbia University Professor, says Bitcoin “ought to be outlawed”. Read story
  • Uber’s third-quarter net loss widens to $1.46 billion. Read story
  • Russia says seizure of forex reserves in US would be a ‘declaration of financial war’. Read story
  • Bosnian war criminal Praljak ‘takes poison’ in court. Read story
  • France’s butter crisis is a perfect lesson in basic economics. Read story
  • On the lighter side. Check it out!

Stay tuned!

Headlines – November 28/17

  • Wall St set to grind higher, Powell hearing on deck. Read story
  • These eight senators can make or break the GOP tax plan. Read story
  • Congress stares down shutdown amid December deluge. Read story
  • Oil falls on doubts over OPEC, pipeline restart. Read story
  • CME plans to manage customer exposure to Bitcoin futures. Read story
  • ISIS threatens Times Square in new Santa poster. Read story
  • How Amazon conquered Cyber Monday, told through the deals it hawked every year. Read story
  • Global crypto-currency crackdown sparks search for safe havens. Read story
  • Tax-hike fears trigger talk of exodus from Manhattan and Greenwich. Read story
  • Warning: Social Security faces 23% cut. Read story
  • Jailed Catalan Vice President accepts Madrid rule: Lawyer. Read story
  • AI creates lullaby for humans. Read story
  • Pet beauty: the new frontier for the $36 billion pet industry. Read story
  • On the lighter side. Check it out!

Headlines – November 27/17

  • S&P set for near record: Cyber Monday has retailers in spotlight. Read story
  • Cyber Monday showdown: Wall-Mart closes in on Amazon in online price war. Read story
  • Cyber Monday poised for record as retail focus turns to online. Read story
  • Tech trouble knock stocks, Bitcoin eyes $10,000. Read story
  • Oil slips from highest in two years before OPEC meets. Read story
  • OPEC’s clash with US oil is nearing its day of reckoning. Read story
  • US household debt surged by $605 billion this year. Read story
  • Chinese stocks drop again’ Samsung, Taiwan semi hit by downgrades. Read story
  • ISIS latest threat to Vatican. Read story
  • ‘What’s the f***ing point?’ John McCain tells Hilary to move on. Read story
  • You can now buy a house using Bitcoin.Here’s how. Read story
  • Here’s where GOP tax plan sits right now. Read story
  • Russian diplomat warns of ‘apocalyptic scenario’ on Korean peninsula possible. Read story
  • Ending NAFTA would hurt growth, competitiveness of United States and Canada. Report. Read story
  • Bitcoin is breaking through symbolic price barriers every few weeks. Read story
  • On the lighter side. Check it out!

Stay tuned!

Freedom of speech being stifled at Canadian university

Freedom of speech is about the right to express opinions without censorship or restraint. It is about discussing various topics, exchanging  dialogue, debating multiple opinions on various topics. We are living in more and more of a politically correct environment where censorship has become widely accepted. We are being told that we cannot use certain words anymore, words like he or she. We are told not to present certain opinions as they may be ‘uncomfortable’ to some others.

The free exchange of ideas and innovation drives economic growth. At the  Sir Wilfred Laurier University, teaching assistant  Lindsay Shepherd teaches a tutorial on language to first year students.  Shepherd screened a TVOntario debate to illustrate the sometimes-controversial politics of grammar.

The video, an episode of The Agenda with Steve Paikin, included University of Toronto professor Jordan Peterson presenting his case against the use of non-gendered pronouns. It also included panellists taking the opposite viewpoint.

After the class an anonymous student complained, Shepherd found herself reprimanded for violating the school’s Gendered and Sexual Violence policy. In a subsequent meeting with university officials, she was accused of creating a “toxic” and “problematic” environment that constituted violence against transgendered students. She was also falsely told that she had broken the law.

Shepherd recorded the meeting. Selected transcript and audio are below (audio at end of article). The voices are of Shepherd, her supervising professor Nathan Rambukkana, another professor, Herbert Pimlott, as well as Adria Joel, manager of Gendered Violence Prevention and Support at the school.

Transcript from National Post…

Shepherd: Obviously this person (the complainant) who had an issue did not express it to me, they just went straight to whoever, I don’t know what really happened.

Rambukkana: Just for some additional context so, you came from U of T is that right?

Shepherd: No, SFU.

Rambukkana: From SFU, okay. So you weren’t, like, one of Jordan Peterson’s students?

The meeting had just begun when Shepherd received this oblique accusation that she might be a protégé or supporter of Peterson’s. Later in the meeting, Pimlott will expound on how people like Peterson live in a fantasy world of false conspiracies. However, it should be noted that upon encountering a teaching assistant who had mentioned an unpopular idea, one of Laurier’s first assumptions was that she was somehow an agent of those ideas. Several times during the meeting, Shepherd will reiterate that her beliefs about gender had no bearing on her decision to screen the video. “I disagree with Jordan Peterson, but you people seem to think I’m pro-Jordan Peterson,” she says at one point.

00:03:10 “THESE ARGUMENTS ARE COUNTER TO THE CANADIAN HUMAN RIGHTS CODE”

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Rambukkana: …[Peterson] lectures about critiquing feminism, critiquing trans rights —

Shepherd: I’m familiar. I follow him. But can you shield people from those ideas? Am I supposed to comfort them and make sure that they are insulated away from this? Like, is that what the point of this is? Because to me, that is so against what a university is about. So against it. I was not taking sides. I was presenting both arguments.

Rambukkana: So the thing about this is, if you’re presenting something like this, you have to think about the kind of teaching climate that you’re creating. And this is actually, these arguments are counter to the Canadian Human Rights Code. Even since … C-16, ever since this passed, it is discriminatory to be targeting someone due to their gender identity or gender expression.

By C-16, Rambukkana is referring to a recently passed federal bill that prohibits discrimination based on gender identity or expression. His read of it is dead wrong; it’s obviously not a violation of C-16 to screen a TVOntario program at a university. For one thing, the bill only applies to federally-regulated industries, which does not include universities. Even if it did, legal experts contacted by the National Post were extremely dubious that Shepherd’s actions constituted anything remotely resembling discrimination.

00:04:22 “IT HAS CREATED A TOXIC CLIMATE FOR SOME OF THE STUDENTS”

Shepherd: Like I said, it was in the spirit of debate.

Rambukkana: Okay, “in the spirit of the debate” is slightly different than ‘this is a problematic idea that we might want to unpack.’

Shepherd: But that’s taking sides.

Rambukkana: Yes.

Shepherd: It’s taking sides for me to be like “oh, look at this guy, like everything that comes out of his mouth is B.S. but we’re going to watch anyway.”

Rambukkana: I understand the position that you’re coming from and your positionality, but the reality is that it has created a toxic climate for some of the students, you know, it’s great —

Shepherd: How many? Who? How many? One?

Rambukkana: May I speak?

Shepherd: I have no concept of how many people complained, what their complaint was, you haven’t shown me the complaint.

Rambukkana: I understand that this is upsetting, but also confidentiality matters.

Shepherd: The number of people is confidential?

Rambukkana: Yes.

According to Shepherd, the seminar actually went pretty well; students considered the video, and soon got to discussing the use of gender neutral terms such as “they” instead of “him” or “her.” As Shepherd explained at the opening of her meeting with supervising professors, “there were people of all opinions.” Whoever took offence, she noted, did not approach her directly or even raise their concerns in class before filing a gendered violence complaint with university officials.

00:05:58 “… CREATES AN UNSAFE LEARNING ENVIRONMENT FOR STUDENTS.”

Rambukkana: Do you see how this is something that is not intellectually neutral, that is kind of “up for debate,” I mean this is the Charter of Rights and Freedoms.

Shepherd: But it is up for debate.

Rambukkana: You’re perfectly welcome to your own opinion, but when you’re bringing it into the context of the classroom that can become problematic, and that can become something that is, that creates an unsafe learning environment for students.

Shepherd: But when they leave the university they’re going to be exposed to these ideas, so I don’t see how I’m doing a disservice to the class by exposing them to ideas that are really out there. And I’m sorry I’m crying, I’m stressed out because this to me is so wrong, so wrong.

Joel: Can I mention the … Gendered and Sexual Violence Policy?

Once again, Rambukkana accuses Shepherd of breaking the law. But as with C-16, there is nothing in the Charter of Rights and Freedoms that prohibits what Shepherd did. The Charter says the exact opposite, in fact; one of the document’s four “fundamental freedoms” is the “freedom of thought, belief, opinion and expression.” If someone ever launched a legal case against Shepherd for this, the Charter would be the document most likely to protect her from prosecution.

00:07:28 ALL PERSPECTIVES ARE NOT VALID.

Shepherd: What I have a problem with is, I didn’t target anybody. Who did I target?

Joel: Trans folks.

Shepherd: By telling them ideas that are really out there? Telling them that? By telling them? Really?

Rambukkana: It’s not just telling them. In legitimizing this as a valid perspective—

Shepherd: In a university all perspectives are valid.

Rambukkana: That’s not necessarily true, Lindsay.

The tug-of-war between Shepherd and her supervising professor basically boiled down to single point. Shepherd argued the case that ideas, however controversial, deserve mention in the classroom. Rambukkana, however, held fast to the notion that some ideas are “problematic” and cannot be raised without being clearly labeled as such. In this, arguing against gender-neutral pronouns was compared to banning women’s suffrage or claiming that cigarettes are harmless. Using a rhetorical tactic typically more at home on Reddit forums, Rambukkana and Pimlott would also thrice use the example of Nazi Germany. “This is like neutrally playing a speech by Hitler,” Rambukkana said at one point.

00:17:19 “THE NAZIS ACTUALLY USED … ISSUES AROUND THE FREE SPEECH IDEA.” 

Shepherd: But he’s still a public figure … this was on a TV show. He’s still a public figure. Pimlott: I would find it problematic if my tutorial leaders were representing positions that didn’t have any substantial academic credibility to that evidence.

Pimlott: He’s a public figure, and a lot of people there like (American white supremacist) Richard Spencer of, I don’t like calling them alt-right, it gives them too much legitimacy, but Richard Spencer, right? The Nazis actually used, this is a historic—issues around the free speech idea in the 1920s in Weimar Germany as an issue around which which is what they’re using now. We know that someone like Richard Spencer is using theories and ideas that don’t have any academic credibility. He’s a public figure. But in terms of, if we introduce someone, we give them greater credibility in a certain condition. I agree that there are public figures out there that bring people, uh, bring hatred, target groups and if you look at statistically the degree of suicide attempts of trans people, young people, it’s the highest of any group in society. And, you know, it’s, you go through — Indigenous people — and so on. There are things that don’t have academic credibility and I just don’t think—I personally think I have some problems, I have no problems with the fact that these things are out there and people are going to engage them but we have to think of the atmosphere that we also create for the learning process.

It’s worth reiterating that this whole debacle happened within Wilfrid Laurier University’s communications department. The program’s whole job is to teach students how to legibly convey ideas. Despite this, the rambling semi-coherent answer above is quite typical of the other 43 minutes of the recording. Pimlott’s mention of “academic credibility” is notable. It’s not like the group is discussing an issue like climate change or evolution, in which there’s a pretty clear scientific consensus on the truth. They’re discussing language, and Laurier appears to be telling Shepherd to ignore the language ideas of any “public figure” who doesn’t have appropriate academic credentials. Such a broad definition could presumably include anyone from William Shakespeare to J.K. Rowling.

00:22:06 YOUR NEUTRALITY IS “KIND OF THE PROBLEM”

Rambukkana: Do you understand how what happened was contrary to, sorry Adria, what was the policy?

Joel: Gendered and Sexual Violence.

Rambukkana: — Gendered and Sexual Violence Policy. Do you understand how —

Shepherd: Sorry, what did I violate in that policy.

Joel: Um, so, gender-based violence, transphobia, in that policy. Causing harm, um, to trans students by, uh, bringing their identity as invalid. Their pronouns as invalid — potentially invalid.

Shepherd: So I caused harm?

Joel: — which is, under the Ontario Human Rights Code a protected thing so something that Laurier holds as a value.

Shepherd: Ok, so by proxy me showing a YouTube video I’m transphobic and I caused harm and violence? So be it. I can’t do anything to control that.

Rambukkana: Ok, so that’s not something that you have an issue with? The fact that that happened? Are you sorry that it happened?

Shepherd: I know in my heart, and I expressed to the class, that I’m not transphobic and if any of them — again, I don’t know what they said — but I don’t think I gave away any kind of political position of mine. I remained very neutral, and uh—

Rambukkana: —that’s kind of the problem.

Unlike with C-16 and the Charter of Rights and Freedoms, it is much more believable that Shepherd actually did violate the schools’ Gendered and Sexual Violence Policy. The document is quite broad, and defines gendered violence as “an act or actions that reinforce gender inequalities resulting in physical, sexual, emotional, economic or mental harm.” The policy further stipulates that the“violence” can take the form of graffiti or text messages. Under these parameters, a YouTube video that made a student feel uncomfortable would seem to amply qualify.

00:25:16 STUDENTS DON’T HAVE THE “CRITICAL TOOLKIT” TO UNDERSTAND THESE THINGS

Rambukkana: These are very young students, and something of that nature is not appropriate to that age of student, because they don’t have …

Shepherd: 18?

Rambukkana: Yes.

Shepherd: They’re adults.

Rambukkana: Yes, but they’re very young adults. they don’t have the critical toolkit to be able to pick it apart yet. This is one of the things we’re teaching them, so this is why it becomes something that has to be done with a bit more care.

This is a theme that Pimlott takes up later in the recording; that Wilfrid Laurier University is bringing in young naïfs from a prejudice-filled society who aren’t yet ready to handle complex ideas without proper training. He said it takes a while to properly challenge “the faith-based, family and other types of structures in society that they’ve been inculcated with for years.” The meeting concludes, by the way, with a note that Shepherd must now run her seminar notes past Rambukkana and obtain specific approval for any future media she intends to show. “I’ll ask you not to play any more Jordan Peterson videos, or anything of the like,” Rambukkana said.

Recording of  meeting…

 

Headlines – November 24/17

  • US stocks set to climb, with retailers in focus for Black Friday. Read story
  • Egypt attack: More than 230 killed in Sinai mosque. Read story
  • Putin crowns himself OPEC king. Read story
  • GOP tax plan is entering its make-or-0break week. Read story
  • One shot outside Missouri mall, brawls close Alabama shopping centre as Black Friday begins. Read story
  • Saudi crown prince calls Iran’s supreme leader ‘new Hitler’. Read story
  • German coalition: Merkel to meet SPD in new bid for deal. Read story
  • Musk warns only 5-10% chance of humanity surviving AI. Read story
  • The No.1 thing you can save big on this Black Friday. Read story
  • Irish government set to fall weeks before Brexit summit. Read story
  • China cuts tariffs on almost 200 luxury goods. Read story
  • North Korea replaces soldiers, South Korea awards medals after defector’s dash. Read story
  • Tesla unveils pricing of semi big rig, starting at $150,000. Read story
  • On the lighter side. Check it out!