Adam Neumann was flying high. Literally.
His office-rental giant WeWork was months away from being valued at $47 billion. Revenue was doubling annually. And Mr. Neumann was zipping across the Atlantic Ocean in a Gulfstream G650 private jet with friends last summer, smoking marijuana.
After the group landed in Israel and left the plane, the flight crew found a sizable chunk of the drug stuffed in a cereal box for the return flight, according to people familiar with the incident. The jet’s owner, upset and fearing repercussions of trans-border marijuana transport, recalled the plane, leaving Mr. Neumann to find his own way back to New York, these people said.
Since Mr. Neumann co-founded WeWork—recently renamed We Co.—with Miguel McKelvey nine years ago, he has led with unusual exuberance and excess. His combination of entrepreneurial vision, personal charisma and brash risk-taking helped the company surpass $2 billion in annual revenue, and made it the country’s most valuable startup.
Now many of the same qualities that helped fuel his company’s breakneck growth in the private market are piling up as potential liabilities as the company prepares to go public—helmed by a CEO who looks little like a typical public-company chief.
Mr. Neumann muses about the implausible:
- becoming leader of the world,
- living forever,
- amassing more than $1 trillion in wealth.
Partying has long been a feature of his work life, heavy on the tequila.
Public investors are increasingly skeptical of the formula that has worked for Mr. Neumann so far: his pitch that We is far more than a real-estate company. With its rapid growth and use of technology, he argued, the company deserves rich valuations normally reserved for tech companies.
Instead, many potential investors now see a fast-growing office subleasing company with losses of more than $1.6 billion last year.
Since We filed the prospectus for its initial public offering last month, it has been besieged with criticism over its governance, business model and ability to turn a profit. It is now expecting an IPO valuation as low as a third of the $47 billion sticker price it garnered in a January funding round—a drop without recent precedent. This week, We postponed the offering until October at the earliest.
Wall Street and Silicon Valley investors have been dismayed by the number of potential conflicts of interest disclosed in the “S-1” IPO prospectus, including Mr. Neumann leasing properties he owns back to the company and borrowing heavily against his stock. Even some of We’s private investors said they were angered to learn that an entity Mr. Neumann controls sold the rights to the word “We” to the company for almost $6 million—before public pressure led him to unwind the deal.
“This is not the way everybody behaves,” said Dick Costolo, former CEO of Twitter Inc., who led the company through one of the larger tech IPOs of the past decade. “The degree of self-dealing in the S-1 is so egregious, and it comes at a time when you’ve got regulators and politicians and folks across the country looking out at Silicon Valley and wondering if there’s the appropriate level of self-awareness.”
Given the prominence of the IPO, he added, “that is a big problem.”
Mr. Neumann, 40, declined to comment through a spokesman, who cited rules surrounding the planned IPO. Mr. Neumann told We employees Tuesday the process had been humbling and he would learn from it, say people who heard him. We executives have previously said he is strongly devoted to the company, and many of his personal transactions were made with the company’s best interests at heart.
This account is based on interviews with current and former employees, investors and friends who interacted with Mr. Neumann as he built We.
For startup investors, the 6-foot-5 Mr. Neumann has always had the qualities they crave in Silicon Valley founders, despite being based in New York. He is intensely ambitious and a masterful storyteller with a magnetic personality who can inspire and sell.
Raised in Israel on a kibbutz, Mr. Neumann moved to the U.S. when he was 22, where he attended Baruch College and tried to start businesses. One was a collapsible heel on women’s shoes that didn’t get off the ground. Working out of his Tribeca apartment, he started Krawlers, which sought to make baby clothes with knee pads to make crawling more comfortable. The slogan, he has said: “Just because they don’t tell you, doesn’t mean they don’t hurt.” It never gained traction.
He and Mr. McKelvey started a small co-working space on the side during the recession that followed the financial crisis and were amazed by the demand.
By 2010, they had started WeWork, with essentially the same core business model that exists today: They lease an office long-term, renovate it to make it hip and inviting, and sublease smaller desks and offices short-term.
British lawmakers on Tuesday rose up against Prime Minister Boris Johnson, moving to prevent him from taking the country out of the European Union without a formal agreement. The epic showdown has Britain on the verge of a snap general election.
After losing his first-ever vote as prime minister, Mr. Johnson stood up in Parliament and said he intended to present a formal request for an election to lawmakers, who would have to approve it.
A little over a month ago, Mr. Johnson, a brash, blustery politician often compared to President Trump, swept into office with a vow to finally wrest Britain from the European Union by whatever means necessary, even if it meant a disorderly, no-deal departure.
Now, Parliament has pulled the rug out from under him, and Mr. Johnson is at risk of falling into the same Brexit quagmire that dragged down his predecessor as prime minister, Theresa May.The lawmakers forced his hand by voting by 328 to 301 to take control of Parliament away from the government and vote on legislation as soon as Wednesday that would block the prime minister from making good on his threat of a no-deal Brexit.
That prompted an angry response from the prime minister.
“I don’t want an election, the public don’t want an election, but if the House votes for this bill tomorrow, the public will have to choose who goes to Brussels on Oct. 17 to sort this out and take this country forward,” Mr. Johnson said, referring to the next European Union summit.
Tuesday was a critical moment in Britain’s tortured, three-year effort to extract itself from the European Union. The saga has divided Britons, torn apart the ruling Conservative Party and prompted complaints that Mr. Johnson has trampled the conventions of the country’s unwritten constitution.
A majority of lawmakers are determined to block a withdrawal from the European Union without a deal, which they believe would be disastrous for the country’s economy. Tuesday’s vote suggested they have the numbers to succeed.
Mr. Johnson’s aides had made clear that, in the event of a defeat on Tuesday, he would seek a general election on Oct. 14 — just a little over two weeks before the Brexit deadline of Oct. 31.
The accelerating pace of events suggests that Britain’s Brexit nightmare may finally be approaching an endgame after years of paralysis.
Tuesday’s vote also marked the moment when Mr. Johnson’s hardball tactics, for once, were met with equal resistance.
On a day of high drama, Mr. Johnson lost his working majority in Parliament even before the vote took place, when one Conservative rebel, Phillip Lee, quit the party to join the Liberal Democrats, who have managed to stage a resurgence by positioning themselves as an unambiguously anti-Brexit party.
The practical effect of Mr. Lee’s defection for Mr. Johnson was limited, however, because the government would fall only if it were defeated in a confidence motion.
But in moment weighty with symbolism, Mr. Lee walked across the floor of the House of Commons and sat beside Jo Swinson, the leader of the Liberal Democrats, as the prime minister was speaking about the recent Group of 7 summit. Mr. Lee accused Mr. Johnson of pursuing a damaging withdrawal from the European Union in unprincipled ways, and of “putting lives and livelihoods at risk.”
Mr. Lee’s break with the Tories was most likely just the first of many.
On Tuesday, Downing Street said it would press ahead with plans to discipline those rebels who voted against the government by expelling them from the Conservative Party in Parliament. They include two former chancellors of the Exchequer, Philip Hammond and Kenneth Clarke, and Nicholas Soames, the grandson of Winston Churchill.
That could threaten Mr. Johnson’s ability to manage day-to-day business in Parliament, underscoring the need for a new election.
The extent of the Tory civil war was on full display as several of Mr. Johnson’s Conservative critics, including the former chancellor of the Exchequer, Philip Hammond, lobbed hostile questions at him, making it plain that they had not been brought back into line by threats of expulsion from the party.
Opponents of a no-deal Brexit argue that Mr. Johnson’s promise to leave the bloc without a deal, if necessary, would be catastrophic for the British economy. Many experts say it could lead to shortages of food, fuel and medicine, and wreak havoc on parts of the manufacturing sector that rely on the seamless flow of goods across the English Channel. Leaked government reports paint a bleak picture of what it might look like.
Mr. Johnson says he needs to keep the no-deal option on the table to give him leverage in talks in Brussels, because an abrupt exitwould also damage continental economies, if not as much as Britain’s. The prime minister appealed to his own lawmakers not to support what he called “Jeremy Corbyn’s surrender bill,” a reference to the leader of the opposition Labour Party.
“It means running up the white flag,” he said.
Mr. Johnson also claimed to have made progress in talks with European Union leaders, although his own Brexit secretary, Stephen Barclay, on Monday gave a much less rosy assessment of the state of negotiations.
Britain’s main demand is for the European Union to ditch the so-called Irish backstop, a guarantee that the bloc insists it needs to ensure that goods flow smoothly across the Irish border whatever happens in trade negotiations with Britain. Mr. Johnson said he planned to visit Dublin next week for talks with his Irish counterpart, Leo Varadkar.
Conservative rebels believe Mr. Johnson is more interested in uniting Brexit supporters behind him ahead of a general election than in securing an agreement in Brussels.
One former chancellor of the Exchequer, Kenneth Clarke, accused Mr. Johnson of setting impossible conditions for the negotiations, attaching as much blame as possible to the European Union for the failure to get a deal and then seeking to hold a “flag-waving election” before the disadvantages of leaving without an agreement become apparent.
The bitter dispute has taken Britain into new political territory.
Last week, Mr. Johnson provoked outrage by curtailing Parliament’s sessions in September and October, compacting the amount of time lawmakers would have to deal with the most crucial decision the country has faced in decades.
Mr. Johnson’s allies argue that it is the rebels who are subverting the principles of Britain’s unwritten constitution by seizing control of the proceedings of Parliament that are normally the preserve of the government.
The European Commission said on Tuesday that while the frequency of meetings between its Brexit team and the British negotiator, David Frost, had increased, little headway had been made toward avoiding a hard border between Ireland and Northern Ireland.
Asked whether the British government was using reports of its talks with the commission for political purposes at home, the commission’s spokeswoman, Mina Andreeva, said that the body was “an honest broker, as always.” She said she could not “report any concrete proposals having being made that we have seen.”
Mr. Hammond, a senior member of the cabinet two months ago, told the BBC on Tuesday that Mr. Johnson’s claim of progress on the negotiations was “disingenuous.”
To add to the turmoil and confusion, the opposition Labour Party suggested it might thwart Mr. Johnson’s attempt to push for a general election, should it come to that. Under a 2011 law, the prime minister needs a two-thirds majority to secure a snap election, although it is possible that the government might try to legislate to set that provision aside, a move that would mean it needs only a simply majority.
There is so little trust in British politics that Mr. Johnson’s opponents fear that he might request an election for Oct. 14 but then switch the date until after Oct. 31 as part of a move to lock in a no-deal withdrawal.
Labour has said that its priority is to stop Britain leaving the European Union without a deal, because of concerns about what such a departure would mean for the economy.
But Labour’s stance underscores that the backdrop to everything in British politics is a sense that a general election is looming, with key players maneuvering for the most advantageous moment.
Uber was the most valuable private company in history, but the public market has not been as enthusiastic. The reason explains a lot about how the tech industry works.
But some of it should go to Silicon Valley’s cultural divergence from the business reality. Investors loved the company not as an operating unit, but as an idea about how the world should be. Uber’s CEO was brash and would do whatever it took. His company’s attitude toward the government was dismissive and defiant. And its model of how society should work, especially how labor supply should meet consumer demand, valorized the individual, as if Milton Friedman’s dreams coalesced into a company. “It’s almost the perfect tech company, insofar as it allocates resources in the physical world and corrects some real inefficiencies,” the Uber investor Naval Ravikant told San Francisco magazine in 2014.
Jair Bolsonaro spent most of his career on the political fringe, until his message started to resonate with a country reeling from economic hardship and a widespread corruption scandal.
President Trump welcomed Brazil’s far-right president, Jair Bolsonaro, to the White House on Tuesday. We look at the back story of Mr. Bolsonaro, whose campaign tactics, incendiary rhetoric and brash style have earned him the nickname “Trump of the tropics.”
Standing next to Mr. Trump at the White House, Mr. Bolsonaro pledged that the United States and Brazil would “stand side by side in their efforts to ensure liberties and respect to traditional family lifestyles, respect to God our creator against the gender ideology or the politically correct attitudes, and against fake news.”
Mr. Bolsonaro has a long record of polarizing comments, but many Brazilians see in him the kind of disruptive, status quo-breaking potential that propelled Mr. Trump to victory in the United States.
Mr. Bolsonaro, who has vowed to clean up entrenched political corruption, is now fending off corruption allegations against his own administration.
When White House aides raised the issue with Judge Kavanaugh, he adamantly denied it and told them he did not even remember her.
.. They did what had never been done in a Supreme Court confirmation and put him on television to be interviewed, choosing Mr. Trump’s favorite network, Fox News.
Judge Kavanaugh, joined by his wife, seemed flat and mechanical as he retreated to the same talking points denying the allegations. Mr. Trump, who styles himself a master of television, thought his nominee came across as weak. Getting the clip of him denying the charges into the media spin cycle was important, but it was not enough.
.. The tide seemed to turn, oddly enough, when a third woman emerged with even more extreme allegations. Michael Avenatti, a brash and media savvy California lawyer who has been careening from one Trump administration brush fire to another, produced a statement from a woman alleging that Judge Kavanaugh in high school attended parties where women were gang raped. The woman, Julie Swetnick, said she was herself gang raped at one such party, though not by the judge.
Senator Charles E. Schumer of New York, the Democratic leader, rushed to the floor to insist that “Judge Kavanaugh should withdraw from consideration.”
Senator Susan Collins of Maine, a key swing Republican, was so troubled that she took a copy of Ms. Swetnick’s statement, highlighted and marked up, to a meeting of Republican committee chairmen. Senator John Cornyn of Texas went through it point by point with her to debunk it.
.. The Republican senators got into a lengthy conversation about Mr. Avenatti and how he could not be trusted and concluded that Ms. Swetnick’s claims did not add up. Why would she as a college student repeatedly go to high school parties where young women were gang raped? No one came forward to corroborate the allegation, and news reports surfaced about past lawsuits in which Ms. Swetnick’s truthfulness was questioned.
“This was a turning point,” said Senator Lindsey Graham, Republican of South Carolina. “That allegation was so over the top, it created a moment that was scary, quite frankly. But that moment was quickly replaced by disgust.”
The involvement of Mr. Avenatti, who represents Stephanie Clifford, the former porn star known as Stormy Daniels, particularly galvanized Republicans, reinforcing the idea that the allegations against Judge Kavanaugh were a political setup. One Republican congressional official called Mr. Avenatti’s involvement “manna from heaven.” From the other side, a Democratic congressional official called it “massively unhelpful.”
the notion that Mr. Avenatti tipped the scale was “wishful thinking” by Republicans who were bent on confirming Judge Kavanaugh at all costs.
.. credited Ms. Swetnick’s story with forcing Republicans to request an abbreviated F.B.I. investigation. “If it would have just been Dr. Ford,” he said, “I don’t think the investigation takes place.”
.. But Judge Kavanaugh’s angry outburst rallied Republicans. He went so far in expressing rage that he blamed the allegations on a plot to take “revenge on behalf of the Clintons” and he sharply challenged two of the Democratic senators about their own drinking.
During a break, Mr. McGahn told him he had to dial it back and strike a calmer tone. When he returned to the committee room, Judge Kavanaugh moderated his anger and apologized to one of the senators.
.. When Mr. Durbin asked Judge Kavanaugh to turn around and ask Mr. McGahn to request an F.B.I. investigation into the charges against him, Mr. Graham erupted in a ferocious, finger-wagging lecture. Other Republican senators began channeling their inner Trump and lashing out on Judge Kavanaugh’s behalf as well.
.. Ms. Collins said she would find it hard to vote yes without a sworn statement from Judge Kavanaugh’s friend Mark Judge denying that he saw what Dr. Blasey described.
.. Charles E. Grassley of Iowa, the Judiciary chairman, got a fresh statement from Mr. Judge within three hours to satisfy her.
.. the three joined other Republican senators in Mr. McConnell’s office to discuss what the F.B.I. investigation should look like. The three undecided Republicans settled on four people they wanted to hear from
Ms. Ramirez, Mr. Judge and two others identified by Dr. Blasey as being elsewhere in the house at the time she was allegedly assaulted.
.. That night Mr. Graham went to dinner at Cafe Berlin with Ms. Collins, Mr. Flake and Ms. Murkowski. They discussed whether a limited F.B.I. investigation might assuage them.
The list of four witnesses they selected, however, later struck Democrats as so constrained that they demanded a more expansive investigation. In the end, the F.B.I. interviewed 10 people, but not many others Democrats recommended.
.. Ms. Murkowski was struggling with what to do. She asked the committee staff to question Judge Kavanaugh’s friends about their understanding of terms from his yearbook like “boofing” and “Devil’s Triangle” to see if they matched his.
.. “The tactics that were used completely backfired,” said Mr. McConnell. “Harassing members at their homes, crowding the halls with people acting horribly, the effort to humiliate us really helped me unify my conference. So I want to thank these clowns for all the help they provided.”
.. Less helpful may have been Mr. Trump’s decision to mock Dr. Blasey during a rally in Mississippi
.. White House aides insisted that the president’s outburst fortified Republicans... Trump and other Republicans accused sex-crime victims protesting Kavanaugh as protesters paid by George Soros.. The GOP Senate whip, Sen. John Cornyn (R-Tex.), called the victims a “mob” and echoed the bogus claim that they were paid protesters. They deny victims’ very existence; they are non-persons — props sent by opponents to ruin a man’s life... Graham snorted that he’d hear what “the lady has to say” and then vote Kavanaugh in.Senate Majority Leader Mitch McConnell (R-Ky.) said he’d “plow right through” (more like plow over) Ford’s testimony and confirm Kavanaugh.
Republicans’ defense of Kavanaugh — that Ford and others were props of a left-wing plot and therefore lacked agency of their own — evidences the party’s attitude toward women.
.. You cannot say a party that embraces a deeply misogynistic president who bragged about sexually assaulting women and mocked and taunted a sex-crime victim; accepted a blatantly insufficient investigation of credible sex crimes against women in lieu of a serious one that the White House counsel knew would be disastrous; repeatedly insulted and dismissed sex-crime victims exercising their constitutional rights; has never put a single woman on the Judiciary Committee (and then blames its own female members for being too lazy); and whips up male resentment of female accusers is a party that respects women.
.. What’s worse is that Republicans who would never engage in this cruel and demeaning behavior themselves don’t bat an eye when their party’s leaders do so. Acceptance of Trump’s misogyny — like their rationalization of the president’s overt racism — becomes a necessity for loyal Republicans.
.. One either agrees or ignores or rationalizes such conduct, or one decide it’s a small price to pay (“it” being the humiliation of women) for tax cuts and judges. It’s just words, you know.
.. The Republican Party no longer bothers to conceal its loathing of immigrants, its contempt for a free press, its disdain for the rule of law or its views on women. Indeed, these things now define a party that survives by inflaming white male resentment. Without women to kick around, how would they get their judge on the court or their guys to the polls?
There are lots of details and surprises to come, but the end game of this presidency seems as clear now as those of Iraq and the financial crisis did months before they unfolded.”
We are now in the end stages of the Trump presidency.” What is it that’s gone on in the last few weeks or months that’s made you think this?
Adam Davidson: For a year and a half now, I’m one of several reporters who’ve been studying intently Donald Trump’s businesses, his relationships with people around the world. And as a rule, this group of reporters finds it increasingly shocking just how flagrant the Trump Organization was in dealing with some of the shadiest—frankly, in cases, purely evil—people who made their money in wildly illegal and corrupt ways.
I do think most Americans, including Trump’s hardcore supporters, have a general sense that this is a guy who isn’t going to be a stickler for the rules, and has probably done some sort of technically illegal things or shady things. But I don’t think the full lawless and also kind of pathetic and lame nature of the Trump business has entered the national narrative in the way I think it should... I’m suspecting, but I can’t say for sure—that Michael Cohen will have recordings or emails that show that the Trump Organization knew they were basically helping fairly evil people continue their crimes by putting the Trump brand on their projects so as to make them less suspicious, I think we’re going find it very hard for an awful lot of Republicans to support... Do you think Donald Trump is a good businessman, as a businessman, setting aside ethics?
No, definitely not.
He has, in sort of financial terms, either lost money or certainly barely made money over the course of his career. So if you start with control of $200 million of your father’s money, and one alternative is you just invest that safely in the stock market, and the other alternative is you do whatever business you do, he has lost compared to that sort of benchmark, at least for much of the time frame that he’s been in business.
So that is just a sign of, “OK, he’s a rich man,” but it’s different to start as a rich man and end up as sort of roughly exactly as rich. That’s less impressive to real business people.
.. The other thing is, especially in the real estate industry, you want to see someone amassing wealth—that over time, their holdings, their empire, is bigger, not smaller, and they’re not going to be taking as wild a risk as they were when they were younger because they’ve been able to amass a kind of sustainable wealth, a bundle of assets that are really worth something.
We certainly see that. There’s certainly plenty of people in New York real estate who, over the course of Trump’s career, have done exactly that. He hasn’t. He’s this brash guy doing big, loud projects in the 1970s, and he’s a brash guy doing less big, less loud projects in the 2000s, and by 2010, he’s basically a failed real estate guy who then starts a new career as, basically, a pitchman.
.. he’s richer than I am, and I know his followers seem to see that as really relevant. But if you look at his peers, if you look at any sensible benchmark, this is not a guy who’s really impressing a lot of people.
.. Regardless of how many bankruptcies he had, or how he’s compared to other real estate developers, he made himself into a universally recognized brand. It seems to me that even most of us who were given $200 million of our father’s money could not do that, so I’m wondering what you think that is and how you think that fits or doesn’t fit with what you say is his not-very-good business sense.
.. Over the course of Donald Trump’s life, branding has become much more central to how American businesses strategize, how they measure their success, etc. To say the obvious thing that everyone points to, Coca-Cola is sugar water that has the Coca-Cola brand on it. But even Boeing and others are very aware of the brand as a central part of their value, and we’ve learned a lot about how to manage brand.
Brands are a new thing. They’re commonly understood to have started probably with Ivory soap, maybe 130 years ago—1879, I think—and have developed into one of the central tools of American business. I think there’s been a dramatic sea-change over the course of the ’70s and ’80s and how we manage brands, how we think about brands.
If the test is simply, “Have people heard of it?” then I guess a lot of people have heard of him. But if the test is, “Has he been able to monetize that brand? Has he been able to turn that into real brand value and sustaining brand value and growing brand value, so that each year the brand itself is worth more?” that is not the case... There are, I think, 14 Trump hotels in the world, and that’s a fairly stable number. When you look at the projects that he’s been doing over the last decade, there was an attempt at a Trump Baku, Azerbaijan, an attempt at a Trump Mumbai, an attempt at a Trump Uruguay. It’s nothing like the incredible expansion of Four Seasons or Ritz-Carlton.
From a branding standpoint, it’s a pretty pathetic business, and we saw that in the just throwing his name on anything, no matter how peripheral or lousy the product is. I think one of the many things we can learn from Trump support is that a lot of people conflate fame with success, and trappings of wealth with actual wealth.
.. [Michael Cohen’s ] main job was not as a lawyer of any kind. His main job was as a deal-maker, as a guy who would travel the country and the world looking for possible projects, looking for partners who might want to get the Trump name on their hotel or buildings.
Within the Trump Organization, that was a very clearly distinct role—the deal-maker versus the lawyer role—and that was his primary role. So the reason I think he’s so significant is there’s this period of very rapid expansion into these overseas licensing deals. It’s sort of remarkable. Between 2006 and then really speeding up in 2010, ’11, ’12, into 2016, they’re just going all over the world. By “they,” I mean three people—Don Jr., Ivanka, and Michael Cohen—and they are signing deals with really famously corrupt people in famously corrupt parts of the world, doing virtually no due diligence that we can tell or that they can claim, and taking some enormous legal risks, all the while saying, “Well, we didn’t know they were bad. We didn’t know the details,” etc., etc... So he will have the email traffic that will tell us what, exactly, is happening. What, exactly, did they know about these partners? How aware were they of these partners’ illegality? Or how careful were they to not know? Because in an American law, being deliberately … it’s called willful blindness. So if I do business with you, and you constantly show up with all the telltale signs of a notorious criminal, and I never ask you, and I ask everyone not to tell me, that’s deliberate ignorance. That’s willful blindness and that’s, essentially, legally the same as actually knowing.
.. We know the role Michael Cohen played in trying to get a Trump Tower built in Moscow several years ago. You’ve been looking at the Russia story and at the Trump business story, and earlier you referred to journalists who are on the beat of the Trump business story. To what degree do you think that these are going to eventually meld and become the same story?
.. I think the bigger story is the Trump business story, and the Russia stuff is a subset of that. Look, Donald Trump is somebody who’s been trying to score big through business since the 1970s or 1960s. He’s a guy who’s been trying to make it politically for a couple years. So I’m pretty sympathetic to the argument that this really was not a presidential run. This was an effort to burnish his brand, to sell more properties around the world, and specifically to get a Trump Tower Moscow. I think that was a major, major goal for Donald Trump for reasons that still don’t quite make a lot of sense.
.. When the Paul Manafort charges broke and it became clear how much illegal activity he was engaged in, separately from his work on the Trump campaign, it was pretty striking that a guy like this could go around, and commit this many financial crimes overseas, and still be a lobbyist and work in Washington. Have you been shocked at how much white-collar crime seems to go unprosecuted or investigated until it is closely examined?
Yeah. It’s been really upsetting. I think one of the key lessons of all of this is just how little we prosecute white-collar crime in general, and particularly international white-collar crime
.. I will say, even in that Trump is an outlier, that the Trump Organization took risks, did work with partners that very few Americans would ever consider working with. So I don’t want to give the impression that he’s just run-of-the-mill, he’s just like everybody else, because that’s something I hear a lot, and that always drives me crazy. He’s not.
.. That’s not because, necessarily, all business people are moral. It’s because business people are supposed to be good at balancing risk and return. Take the Mammadovs that he did this deal in Azerbaijan with. As far as we can tell, Trump made $5 million or so from that deal. If he had done his due diligence and if he had learned, as he would have, that they were likely to be money laundering partners of Iran’s Revolutionary Guard, he faced a life-changing amount of fines and potential criminal liability. If you’re a billionaire, as he claims, then you shouldn’t do that for $5 million. It’s an absurd risk to take. It makes no sense at all, and we see him taking such risks again and again and again. So he really is an outlier. He’s not like everybody.
There is a certain image that Canada projects to the world, one that is particularly compelling to Americans. It’s the image of Canada as a tolerant, progressive, kind and humanitarian nation, populated by mild-mannered and polite people.
.. The idea of Canada the Good — a Scandinavian-style socialist democracy, with the added bonus of multicultural harmony — is an attractive one, helpful in providing Canadians with some kind of national identity, and left-leaning Americans with a handy rhetorical device for political arguments: Look at what’s possible, right next door!
.. But it’s worth remembering that this image of Canada, currently personified by Prime Minister Justin Trudeau, is a relatively recent construction, largely put forth by Mr. Trudeau’s father, former Prime Minister Pierre Trudeau. Before that — and for most of the intervening years, between Trudeaus — the public face of Canada has looked a lot like, well, Jordan Peterson.
.. Canada is home to many more Jordan Petersons than Justin Trudeaus.
.. Mr. Peterson is — to use one of his favorite terms — something of a national archetype, the default setting of the Canadian male: a dull but stern dad, who, under a facade of apparent normalcy and common sense, conceals a reserve of barely contained hostility toward anyone who might rock the boat.
.. those who make a fuss are bothersome and ignorant at best, and probably dangerous and destructive too.
.. This is how “peace, order and good government” came to be the Canadian answer to “life, liberty, and the pursuit of happiness.”
.. Charisma is suspect here, and when Mr. Peterson uses that word to describe Mr. Trudeau, it’s not a compliment.
.. Suspect, too, is any whiff of revolutionary spirit. Pierre Trudeau might have technically been a liberal, but he was the kind of liberal who declared martial law in 1970 when a bumbling handful of Quebec separatists were deemed enough of a threat to justify suspending civil liberties en masse.
.. Our politics reflect our sense of unease with anything radical.
.. Liberals who think of Canada as a lefty haven should look to our most recent federal election: the New Democratic Party, ostensibly the major party farthest to the left, ran its last campaign on a platform of balanced budgets and fiscal responsibility. Not even the Green Party dares to suggest divesting from Alberta’s oil sands.
.. On every issue, from peacekeeping to pipelines, carbon targets to Indigenous relations, Mr. Trudeau has largely continued the policies set by his predecessor.
.. Canadian conservatism is not brash. It not belligerent, it is not loud. It is not Fox News. But our most popular columnists all deliver the same message: Things are the way they are for a reason. Those who agitate for change are stepping out of line.
.. He reserves particular ire for young activists. “I tell 18-year-olds: Six years ago you were 12 — what the hell do you know? You haven’t done anything,” he says. “You don’t have a degree, you haven’t finished your courses, you don’t know how to read, you can’t think, you can’t speak.”
“It’s just not right,” he says, “to tell people in that situation that they should go out and change the socioeconomic structure of the culture!”
.. Delivered as a fiery sermon, this impassioned plea for humility and self-improvement gets laughs from Peterson fans. But in practice, it’s actually an argument for submission to the status quo that would have prevented any number of people, from the Rev. Dr. Martin Luther King Jr. to Emma Gonzales, from ever speaking up.
.. Americans are raised to believe that individuals, even flawed ones, can indeed change the world, and sometimes should. Canadians, for all that we’ve managed to construct a society that Americans sometimes envy, lack this ethic.
.. The resulting mind-set, disdainful of idealism and suspicious of ego, is one we are now, evidently, exporting.
.. Jordan Peterson is considered a heroic figure of historical importance, the man who finally said “Enough!” to political correctness run amok, to mobs of rabid Social Justice Warriors, to an ideologically driven “leftist-Marxist” movement hellbent on destroying Western civilization itself.
.. Mr. Peterson can be more accurately described as a previously obscure Canadian academic who believed, erroneously, that he would soon be forced by law to use gender-neutral pronouns and who refused to bow to that hypothetical demand. The proposed human rights policy that made Mr. Peterson famous is now Canadian law, and no instance of “compelled speech” has occurred as a result of it or resulted in criminal charges, as Mr. Peterson feared. On the issue of legal requirements for pronoun use, things remain the way Mr. Peterson wanted them — the same.
.. Mr. Peterson was taking a stand not against power in that instance but on behalf of it. His acolytes, some of whom might consider themselves to be walking in the tradition of rugged American individualism, should note that they are in fact taking marching orders — “Rules for Life,” no less — from a line-toeing Canadian, preaching a philosophy not of American defiance but of Canadian deference.