Kellogg Workers Go On Strike

Kellogg workers strike as the pandemic compounds the problematic long-standing working environment.

During Covid, employees worked 12 hour shifts 7 days per week.

Kelloggs threatens to move jobs to Mexico if workers don’t accept cuts.

Why do CNBC and Fox Business channel only cover stock prices and the CEOs?

Why don’t these “business” channels cover workers and their experience.

Leader of Prestigious Yale Program Resigns, Citing Donor Pressure

The historian Beverly Gage, who has run the Grand Strategy course since 2017, says the university failed to stand up for academic freedom amid inappropriate efforts to influence the curriculum.

The Brady-Johnson Program in Grand Strategy is one of Yale University’s most celebrated and prestigious programs. Over the course of a year, it allows a select group of about two dozen students to immerse themselves in classic texts of history and statecraft, while also rubbing shoulders with guest instructors drawn from the worlds of government, politics, military affairs and the media.

But now, a program created to train future leaders how to steer through the turbulent waters of history is facing a crisis of its own.

Beverly Gage, a historian of 20th-century politics who has led the program since 2017, has resigned, saying the university failed to stand up for academic freedom amid inappropriate efforts by its donors to influence its curriculum and faculty hiring.

The donors, both prominent and deep-pocketed, are Nicholas F. Brady, a former U.S. Treasury secretary under Presidents Ronald Reagan and George H.W. Bush, and Charles B. Johnson, a mutual fund billionaire and leading Republican donor who in 2013 made a $250 million donation to Yale — the largest gift in its history.

Days after the 2020 presidential election, Professor Gage said, an opinion article in The New York Times by another instructor in the program calling Donald J. Trump a demagogue who threatened the Constitution prompted complaints from Mr. Brady.

Four months of wrangling over the program later, Professor Gage resigned after the university administration informed her that a new advisory board it was creating under previously ignored bylaws would be dominated by conservative figures of the donors’ choosing, including, against her strong objections, Henry A. Kissinger, the former secretary of state under President Richard M. Nixon.

Her resignation, which Yale has not yet made public, raises the question of where universities draw the line between honoring original agreements with donors and allowing them undue sway in academic affairs. It’s a question that can become turbocharged when colliding political visions, and the imperatives of fund-raising, are involved.

Since taking over the program, Professor Gage has expanded the syllabus to include grass-roots social movements, like the pro-democracy movement in Hong Kong and the civil rights movement in the United States. Until late last year, she said, she had received no criticism from the donors or the administration about the course’s direction.

In a statement, Yale’s president, Peter Salovey, offered praise for her teaching and scholarship. But the administration disputed her claims that Yale had given in to donor pressure.

Pericles Lewis, the university’s vice president for global strategy and vice provost for academic initiatives, said the university was simply adhering to its 2006 agreement with the donors, which Professor Gage had resisted.

“It wouldn’t have a controlling power,” he said of the board. “But I can understand why that would not be her cup of tea.”

What the administration sees as legitimate oversight, Professor Gage, who remains a tenured professor in the history department, sees as a sudden effort by the donors to establish “some form of surveillance and control” over the program.

“It’s very difficult to teach effectively or creatively in a situation where you are being second-guessed and undermined and not protected,” she said in an interview.

The Grand Strategy program was founded in 2000 by the Yale historians John Lewis Gaddis, a leading scholar of the Cold War, and Paul Kennedy, the author of “The Rise and Fall of the Great Powers,” along with the diplomat Charles Hill, a former aide and adviser to George P. Shultz and Mr. Kissinger.

The idea was to teach leadership through an eclectic curriculum of classic texts, case-studies and crisis simulations, incorporating thinkers and topics from Thucydides, Sun Tzu, and Machiavelli to the Cold War.

The course “arose out of the desire to reaffirm the power of the big idea,” the journalist Molly Worthen wrote in “The Man on Whom Nothing Was Lost,” her 2005 biography of Mr. Hill. “It came from the professors’ alarm at the rise of the ‘wonk,’ the Clinton-era policy expert with no concept of broad context.”

The course quickly drew admirers (and imitators) well beyond Yale, along with plenty of suspicion on the predominantly liberal campus, where some saw it as a cultish bastion of retrograde “great man” history.

In 2006, it was formally endowed with a combined gift of $17.5 million from Mr. Johnson and Mr. Brady. In a 2013 article in The Yale Daily News, Professor Gaddis said Mr. Brady had given a single directive: “Teach common sense.”

“Grand Strategy” is a capacious but slippery concept, one that has generated continuing debates about its meaning. In his 2018 book “On Grand Strategy,” Professor Gaddis defined it as “the alignment of unlimited aspirations with necessarily limited capabilities.”

Image
“Grand Strategy” is a capacious but notoriously slippery concept, one that has generated continuing debates about its meaning, and plenty of books.

In recent years, scholars have extended the concept to business, global public health, party politics and other areas.

Professor Gage, 49, has incorporated social movement strategy into the course. (In a recent essay, she described herself as someone who “was as likely to be a protester as a policymaker.”) She said she has sought to bring in a demographically, politically and intellectually diverse group of practitioners as teachers and guest speakers. Recent invitees have included the former defense secretary James N. Mattis; the conservative intellectual Yuval Levin; the civil rights lawyer Vanita Gupta, and the racial justice activist Heather McGhee.

Professor Kennedy said he supported the direction of the course under Professor Gage. “She is a very gifted leader and teacher,” he said.

Professor Gaddis echoed the sentiment, adding: “I don’t think the Yale administration has sufficiently insulated her. It is traditionally thought that the faculty determine the curriculum, and I think that’s how it should be.”

Professor Gage, who was recently nominated to the National Council on the Humanities, was renewed by Yale as program director in July 2020. (She is also a contributing writer for The New York Times Magazine and has written opinion pieces for The Times.) She described her previous relationship with the donors as supportive.

But she said the tone abruptly changed last November, a week after the presidential election, when Bryan Garsten, a Yale political scientist who teaches in the program, published an opinion article called “How to Protect America From the Next Donald Trump.”

The next day, Professor Gage received an email from Mr. Hill saying Mr. Brady had called “to grouse” about the article, “complaining that there was no grand strategy in it.” According to the email, which was viewed by The Times, Mr. Brady also said that “this is not what Charlie Johnson and I signed up for.” (Mr. Hill died last March, at 84.)

In a phone call with Professor Gage that day, Mr. Brady reiterated his view and began asking about the syllabus and practitioners. “It was strange, because none of that had changed much in the past three years,” she said.

Representatives for Mr. Brady, 91, and Mr. Johnson, 88, said they were unavailable for comment.

In another phone call, on Nov. 13, Professor Gage said, Mr. Brady lamented that the program isn’t “what it was.” When she pressed for specifics, he said she wasn’t teaching Grand Strategy “the way Henry Kissinger would.”

“I said, ‘That’s absolutely right. I am not teaching Grand Strategy the way Henry Kissinger would,’” she said.

Later that day, Mr. Brady sent her an excerpt from the 2006 donor agreement, outlining an outside five-member “board of visitors” that would advise on the appointments of the practitioners.

Professor Gage had never heard of this board, which had never been established. Dr. Lewis, the vice provost, told her he would look into it. Two weeks later, Dr. Lewis said he had confirmed details in the donor agreement, and Yale had a legal obligation to create the board.

Professor Gage wasn’t happy. But if it were created, she insisted to Dr. Lewis, it would need diversity across generational, ideological, methodological, racial and gender lines. And the donors could not be allowed to appoint its members.

Yale, she said, seemed to agree. What followed were nearly two months of back and forth, with Dr. Lewis sending along a string of suggestions — most of them Republicans or conservatives, Professor Gage said. She said she told him most would be fine, as long as the board had a diverse mix.

But in late February, things “started to head downhill.” she said. In a phone call, she said, Dr. Lewis told her that the donors were threatening to sue to reclaim the remaining Grand Strategy endowment. And it was suggested that Mr. Johnson’s $250 million donation might also be in doubt.

Dr. Lewis also said that Mr. Brady wanted a researcher whom he had previously commissioned to write a 2016 book about the program to observe class and report back.

On March 4, things came to a head. According to Professor Gage, Dr. Lewis told her that Mr. Johnson had what Dr. Lewis said was a mistaken impression that he could choose the board, and that he wanted to name Stephen J. Hadley, former national security adviser to George W. Bush; Thomas H. Kean, the former Republican governor of New Jersey; and Mr. Kissinger.

Professor Gage told him the board lacked the necessary variety, and that she objected to Mr. Kissinger. “He represents the opposite of the generational shift I have been trying to make,” she said in the interview.

The next week, Professor Gage said, Dr. Lewis said Dr. Salovey was moving ahead with a board including those three men. And it would not include anyone with social-movement expertise, because the donors didn’t want that.

That evening, she spoke with Dr. Salovey, who asked her to see things “from the university’s perspective,” as she recalled it, describing it as a donor-management situation that would likely settle down.

She told him that unless Yale came out more strongly in favor of academic freedom and in support of the current program, she would resign. Several days later, she did so, effective in December.

Dr. Lewis called Professor Gage “an outstanding historian and a great teacher.” But in an interview with The Times, he pushed back on the notion that Yale had been swayed by donor pressure. Aside from a strong desire for Mr. Kissinger, he said, the donors did not pick any board members, beyond wanting an international relations focus (which he called “the original remit of the program”).

Dr. Lewis said the donors had not relayed any political concerns about the board or the program. “The way they expressed to me, it was more about wanting to be sure the goal of international engagement and so on was there, and that we had distinguished practitioners,” he said.

As for the suggestion that Mr. Brady’s researcher might attend class and report back, Dr. Lewis said the thought was that it might be time for “an update” to her book, which was published in 2016 — an idea, he said, that he ruled out.

Asked about Professor Gage’s claim that Dr. Salovey informed her that he intended to include three people on the board she has been told Mr. Johnson wanted, a spokeswoman for Yale declined to comment. “We’re not going to confirm this level of detail about private conversations,” she said.

Dr. Lewis said he did not recall if Mr. Johnson’s $250 million donation came up. Nor did he recall any threats of legal action, though there had been discussion whether the remaining funds could be put to other uses “if for some reason we felt Grand Strategy had reached the end of its time.”

Despite those conversations, Dr. Lewis said there were no plans to discontinue the program, which he called “one of the jewels in the crown of the Yale curriculum.”

Professor Gage said that at a time when many people are concerned about the lack of political diversity at elite campuses, it was ironic that the Grand Strategy program had come under fire.

“This program really tried to be something that lots of people say they want universities to be: a place of open engagement across ideological lines,” she said.

 

 

Kevin McCarthy’s threatens phone companies against cooperating with subpeanas

House Minority Leader Kevin McCarthy issued a threat to phone and social media companies that cooperate with the House select committee investigating the Capitol riot.

Exclusive: Saudi Arabia threatens to ditch dollar oil trades to stop ‘NOPEC’ – sources

Source: Reuters.com

Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said.

They said the option had been discussed internally by senior Saudi energy officials in recent months. Two of the sources said the plan had been discussed with OPEC members and one source briefed on Saudi oil policy said Riyadh had also communicated the threat to senior U.S. energy officials.

The chances of the U.S. bill known as NOPEC coming into force are slim and Saudi Arabia would be unlikely to follow through, but the fact Riyadh is considering such a drastic step is a sign of the kingdom’s annoyance about potential U.S. legal challenges to OPEC.

In the unlikely event Riyadh were to ditch the dollar, it would undermine the its status as the world’s main reserve currency, reduce Washington’s clout in global trade and weaken its ability to enforce sanctions on nation states.

The Saudis know they have the dollar as the nuclear option,” one of the sources familiar with the matter said.

“The Saudis say: let the Americans pass NOPEC and it would be the U.S. economy that would fall apart,” another source said.

Saudi Arabia’s energy ministry did not respond to a request for comment.

A U.S. state department official said: “as a general matter, we don’t comment on pending legislation.”

The U.S. Energy Department did not respond to a request for comment. Energy Secretary Rick Perry has said that NOPEC could lead to unintended consequences.

DOLLAR HEGEMONY

NOPEC, or the No Oil Producing and Exporting Cartels Act, was first introduced in 2000 and aims to remove sovereign immunity from U.S. antitrust law, paving the way for OPEC states to be sued for curbing output in a bid to raise oil prices.

While the bill has never made it into law despite numerous attempts, the legislation has gained momentum since U.S. President Donald Trump came to office. Trump said he backed NOPEC in a book published in 2011 before he was elected, though he not has not voiced support for NOPEC as president.

Trump has instead stressed the importance of U.S-Saudi relations, including sales of U.S. military equipment, even after the killing of journalist Jamal Khashoggi last year.

A move by Saudi Arabia to ditch the dollar would resonate well with big non-OPEC oil producers such as Russia as well as major consumers China and the European Union, which have been calling for moves to diversify global trade away from the dollar to dilute U.S. influence over the world economy.

Russia, which is subject to U.S. sanctions, has tried to sell oil in euros and China’s yuan but the proportion of its sales in those currencies is not significant.

Venezuela and Iran, which are also under U.S. sanctions, sell most of their oil in other currencies but they have done little to challenge the dollar’s hegemony in the oil market.

However, if a long-standing U.S. ally such as Saudi Arabia joined the club of non-dollar oil sellers it would be a far more significant move likely to gain traction within the industry.

WHAT IF?

Saudi Arabia controls a 10th of global oil production, roughly on par with its main rivals – the United States and Russia. Its oil firm Saudi Aramco holds the crown of the world’s biggest oil exporter with sales of $356 billion last year.

Depending on prices, oil is estimated to represent 2 percent to 3 percent of global gross domestic product. At the current price of $70 per barrel, the annual value of global oil output is $2.5 trillion.

Not all of those oil volumes are traded in the U.S. currency but at least 60 percent is traded via tankers and international pipelines with the majority of those deals done in dollars.

Trading in derivatives such as oil futures and options is mainly dollar denominated. The top two global energy exchanges, ICE and CME, traded a billion lots of oil derivatives in 2018 with a nominal value of about $5 trillion.

Just the prospect of NOPEC has already had implications for the Organization of Petroleum Exporting Countries. Qatar, one of the core Gulf OPEC members, quit the group in December because of the risk NOPEC could harm its U.S. expansion plans.

Two sources said that despite raising the dollar threat, Saudi Arabia did not believe it would need to follow through.

“I don’t think the NOPEC bill will pass but the Saudis have ‘what if’ scenarios,” one of the sources said.

ASSET SALES

In the event of such a drastic Saudi move, the impact would take some time to play out given the industry’s decades-old practices built around the U.S. dollar – from lending to exchange clearing.

Other potential threats raised in Saudi discussions about retaliation against NOPEC included liquidating the kingdom’s holdings in the United States, the sources said.

The kingdom has nearly $1 trillion invested in the United States and holds some $160 billion in U.S. Treasuries.

If it did carry out its threat, Riyadh would also have to ditch the Saudi riyal’s peg to the dollar, which has been exchanged at a fixed rate since 1986, the sources said.

The United States, the world’s largest oil consumer, relied heavily on Saudi and OPEC supplies for decades – while supporting Riyadh militarily against its arch-foe Iran.

But soaring shale oil production at home has made Washington less dependant on OPEC, allowing it to be more forceful in the way it deals with Saudi Arabia and other Middle Eastern nations.

Over the past year, Trump has regularly called on OPEC to pump more oil to lower global oil prices, and linked his demands to political support for Riyadh – something previous U.S. administrations have refrained from doing, at least publicly.

Reporting by Dmitry Zhdannikov and Alex Lawler in London and Rania El Gamal in Dubai; additional reporting by Timothy Gardner in Washington; editing by David Clarke