Whitcomb: Buying Up Bankrupt Colleges; Facebook vs. Reality; Fung in Fiscal Fantasy?

Robert Whitcomb, Columnist

Whitcomb: Buying Up Bankrupt Colleges; Facebook vs. Reality; Fung in Fiscal Fantasy?

Robert Whitcomb
“By the rude bridge that arched the flood,

Their flag to April’s breeze unfurled,
Here once the embattled farmers stood,
And fired the shot heard round the world.’’

From "Concord Hymn," by Ralph Waldo Emerson, about the Battle of Concord, on April 19, 1775, which, with the Battle of Lexington the same day, ignited the American Revolution.

That the University of Massachusetts at Amherst is taking over the campus of tiny and bankrupt Mount Ida College, in Newton, is a sign or the times. The fact is that there are too many small private colleges in a time of a smaller cohort of college-age kids and ever more intense competition for student money. It’s probably tougher in New England than in most of the country because the region has a famed collection of very distinguished and well-endowed private colleges (most famously four of the eight Ivy League institutions and MIT) and generally improving, and expanding, state university systems to lure customers.

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So now the flagship of the UMass system will get a physical site in Greater Boston. In the deal, UMass Amherst will assume $55 million to $70 million in debt from Mount Ida and then use the campus, which has dorms, labs, library and sports fields, as a place  from which students can work on internships and engage in academic collaborations with  other Boston-area colleges as well as  with businesses. UMass Amherst also said that having the campus will boost fundraising by providing a site closer to rich alumni and others in the great wealth-creating machine centered in Boston, Cambridge and along Route 128. Understandably UMass Boston feels dissed.

 

Watch for more such takeovers of small colleges by larger ones. I’m glad they’ll still be used for education, though that might turn out to be mostly vocational.
 

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Facebook
Facebook will fight fiercely to avoid having to put out crystal-clear notices to all current and incoming Facebook users telling them how to opt out of sharing personal data with the monster company. It’s that data that have made CEO Mark Zuckerberg and others in the inner orbit of the social-media orbit rich, in an 18th Century phrase, “beyond all the dreams of avarice’’ while, with Google, it sucks away the advertising revenue that pays for rigorous journalism. And of course, while Facebook and other big social-media sites have made some recent adjustments, they remain a playground for  Russian government trolls and other bad actors.

 

There’s already lots of fake news on social media, of course, but that’s nothing compared with the fraudulent videos that virtual-reality technology will be enabling over the next few years. Common understanding of what constitutes reality will continue to erode, undermining interpersonal relations, democracy and business. A modicum of trust is needed for a healthy society. Until we achieve unforeseen breakthroughs in quick verification of words and images, and the public gets a lot savvier in identifying fraud, that trust will continue to unravel in the Internet Age.

 

Meanwhile, as William Falk, the editor-in-chief of The Week (which runs a very wide range of opinions) noted:

 

“Other {U.S.} presidents have criticized individual {media} companies and complained about press bias, but Trump’s blatant use of state power to {try to} punish specific TV networks, newspapers and private companies who don’t kowtow to his will has no precedent – except in autocracies like Russia, Turkey and Venezuela, where it is the first step in the erosion of freedom.”

 

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Special Prosecutor Robert Mueller
Also erosive of freedom is Trump’s continuing attacks on the American legal system, the latest his diatribe against the FBI raid on the office and home of Trump’s sleazy fixer lawyer, William Cohen. Our demagogue-in-chief tried to cast doubt on the legality of the raid, as he has tried to cast doubt on Special Counsel Robert Mueller’s entire investigation of the polluted swamp in which Trump and his entourage swim.

 

As part of this Trump continues to rage against Atty. Gen. Jeff Sessions for recusing himself from the investigation on the basis of the idea that the attorney general’s first and only obligation is to be a servant of the president and not of the law.

 

Trump has called the investigation of him and his lackeys a “witch hunt,’’ but his behavior proves that he has plenty to hide.

 

A curious element of Trump’s legal problems is that he may be brought down by people of great integrity who are, or were until the most corrupt president in American history (so far) arrived, rock-ribbed Republicans: Robert Mueller, a former FBI director, was named special counsel by Deputy Atty. Gen. Rod Rosenstein, following the firing by Trump of then FBI Director James Comey.  All three are or were Republicans. But all have shown themselves devoted to the rule of law and not to the president.

 

The raid on Cohen by the FBI (whose employees have long tended Republican) was undertaken by the public corruption unit of the U.S. attorney’s office in Manhattan under a search warrant that investigators in New York obtained following a referral by Mr. Mueller, who first consulted with Mr. Rosenstein.  The raids also had to be approved by a federal magistrate judge. They all saw probable cause for doing this.

 

Prof. Robert Weisberg, co-director of the Stanford University Criminal Justice Center, explained to The Washington Post:

 

“There is a crime-fraud exception to attorney-client privilege. The affidavits that went into the {search} warrant application — and possibly direct conversations with the judge — would have had to give at least prima facie reason to believe that the communications, even where they were privileged, give some indication that Cohen was involved in committing or planning some kind of fraud.”

 

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In my last column, I wrote that Sinclair Broadcast Group, of course, had the right to run editorials on its TV stations, which include WJAR, in Providence. But I should have added that Sinclair, closely linked to Trump, shouldn’t be using anchor people and other news people to read its propaganda. They should use their editorialists or their station general managers to do the deed. Ordering their newspeople to do it severely undermines the stations’ journalistic credibility.

 

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Fane's Tower
The Fane Organization wants to put up a 46-story skyscraper in downtown Providence. Some folks are outraged at its height. Not me. I wouldn’t mind if it were 90 stories if it had a superb design. Wouldn’t it be fine if people a ways down on Narragansett Bay could look north and see a  gorgeous, glittering tower on  the horizon announcing that there’s a real city there!          

But unfortunately, based on what’s been shown so far, it’s likely that something banal, like a condo tower in Fort Lee, N.J., will go up.

 

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Speaker of the House Paul Ryan
Good riddance to pseudo-policy wonk; follower of the crank queen of selfishness, Ayn Rand; leading national-debt exploder (a team effort by both parties), and Trump enabler House Speaker Paul Ryan, one of the biggest phonies in the history of Congress. He says he won’t seek re-election and will return full time to his home in Wisconsin. But I wouldn’t be surprised if he stays in Washington with (after a year’s waiting period) a lobbyist’s gargantuan compensation or, perhaps more likely, is named to lucrative directorships by the corporate chief executives he has further enriched.  He’s been loyal to the Koch Brothers,  et al., and they’ll be loyal to him. After all, his one and only big legislative achievement has been helping to get the big tax-cut bill passed.

 

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GOP hopeful for Governor Allan Fung
Cranston Mayor Allan Fung, the likely Rhode Island Republican gubernatorial candidate, wants to cut the Rhode Island sales tax each year of his (first?) term  from the current (albeit rather narrowly applied) 7 percent until it reaches 5 percent – the lowest of any New England state except New Hampshire, which doesn’t have one. (Contrary to what most people think, by the way, some taxes in the Granite State are high.) Sounds nice, but what happens in the next recession, which might start next year, and state tax revenues slide?

 

More practical for the long term might be the mayor’s plan to introduce something called “the low fee guarantee,’’ which involves making occupational licensing, permitting and business incorporation fees the lowest in New England. This is worth a shot. It might attract some more start-up companies.

 

But how would the state make up the lost revenue? What other programs would Mr. Fung cut?

 

Also sounding like a good idea is:

 

"The Concierge Center is a one-stop location for startups and business owners, walking them through the process from business plan to ribbon cutting as quickly and as stress0- free as possible. A business owner will be working with the same economic development professional from start to finish - helping them cut through red tape and letting them know what they need to do right from the start, instead of running into time-consuming roadblocks because one department isn't talking to another.’’

 

Fine, but wouldn’t this require that the state hire more people to be “economic-development professionals’’. Where would the money to pay them come from, what with the aforementioned tax and fee cuts?
 

As usual, politicians, enabled by a public also living in fiscal fantasyland, push for more services and lower taxes.

 

In any event, Mr. Fung would also do well to continue and intensify Governor Raimondo’s efforts to reduce regulatory red tape, which in some sectors acts as a heavy drag on business creation and expansion.

 

Of course, taxes are only one factor in a state’s economic competitiveness and per-capita wealth. More important is an education system that churns out lots of competent and flexible workers, as well as a well-maintained physical infrastructure. Those are two big problems for Rhode Island. Inconveniently, these things require tax revenue, which fluctuates with the economy. In any event, taxes should be as fair and as clearly explained as possible, with the revenue from them efficiently and transparently spent. Citizens’ cynicism stays high when they don’t think they’re getting their money’s worth.

 

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Whether the new Amgen plant being planned for the pharmaceutical company’s West Greenwich campus turns out to be an economic bonanza for Rhode Island will depend to a great extent depend upon  how much new business locally based vendors get from Amgen and how much the company is able and willing to train local workers in this growing sector.

 

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Vermont parade
Vermont, which has long been a strong gun-rights state, has enacted, with the signing by Republican Gov. Phil Scott,  three new gun controls: raising the age for buying guns to 21 from 18; restricting the sale of high-capacity  magazines, and easing the way for police to take guns away from people who pose a threat. These are the toughest gun-control laws in the Green Mountain State’s history.

 

Vermont, as a mostly rural state with lots of hunters, has, as you’d expect, a very energetic gun culture. But the mass shootings, especially at schools, have changed a lot of minds.

 

We’ll see if other gun-heavy states follow suit.

 

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There’s a lot of abandoned infrastructure in New England. After all, we’re an old region. It’s always pleasant to see old structures reused in ingenious ways. Take the Bridge of Flowers, in Shelburne Falls, in western Massachusetts. This is a lovely arched concrete railroad span built in 1908 by the evocatively named Shelburne Falls & Colrain Street Railway Co.

 

The bridge was abandoned in 1927 because of the financial woes of the company and was quickly overgrown with weeds. But within a couple of years, local volunteers came up with the idea of carting soil onto the bridge and turning it into something that they named the Bridge of Flowers. It became a tourist attraction, with a great diversity of blooms through the growing season.

 

So important -- psychologically, sociologically and economically -- had the  Bridge of Flowers become that when in the early ‘80s, the bridge required major repairs, locals came up with more than half a million dollars to fix it. Volunteers continue to plant and care for the plants

 

Heartening reuse. You could say the same thing about bike paths on old railroad rights of way, although it would be better for the environment and economy if some of these old routes were instead passenger rail lines again. Even the famous East Bay Bike Path, in Rhode Island.

 

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In other bike news, Uber is buying Jump Bikes, an electric-bike company, for $100 million. The City of Providence has hired Jump Bikes to run a bike-share program. The company is now operating in Washington, D.C.

 

If this helps get more people out of their cars, hurray! Jump offers “dockless’’ bicycles, which you pick up wherever the last rider left them, using a mobile app to pay. Delightfully convenient! Uber’s relentless marketing might lead to a surge in bike-riding, albeit mostly of the electric variety.

 

Riders are supposed to leave these bikes either on sidewalks or attached to public bike racks but some officials in some places have complained that some slob riders leave the bikes in the middle of sidewalks or in out-of-the-way places. Tough to supervise these things.

 

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Wynn's project in MA is in flux
How appropriate for an industry so intrinsically  corrupt that it has drawn the likes of Donald Trump: the Wynn Boston Harbor casino complex in  Everett, Mass., casino complex is going up on land whose previous owners include, reports Bloomberg News, “two convicted felons, one with alleged mob ties.’’

To read the Bloomberg article, please hit this link:

 

 

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There was charming, if a bit melancholic, story in the April 8 New York Times about people selling houses that had been in their families for as long as a couple of hundred years. The article is a series of anecdotes reminding us that even the most close-knit families eventually disperse.

 

In the New England part of my family, we recently saw an example of this when some second cousins sold a rambling gray-shingled farmhouse near Woods Hole, on Cape Cod, that had been in the family at least since great-grandparents owned it, and maybe before. My cousins had lost interest in using and keeping up the place some years back and were happy to get the money from the sale.

 

They had spent a good part of their summers there as kids, near the harbor and a beautiful beach. But practicality trumped nostalgia. And as one of the cousins, a lawyer, observed:

 

“You never really own anything. You just of borrow it for a while.’’

 

To read The Times piece, please hit this link:

 

 

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RI State House on Smith Hill
Since there’s lots of litter in public places (Smith Hill in Providence, on which sits the glorious Rhode Island State House, is a depressing example), we’d do well to read The Cape Cod Times’s two-part series of editorials called “The Trashing of Cape Cod’’ about the costs of the trashing of our roadsides. Litter alongside roads is a big “go-away’’ sign to travelers, signaling a lack of local pride and weak local government.

To read the first part of the series, please hit this link:

 

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Some readers may have followed the saga of Kevin Williamson, the provocative National Review writer who had recently been hired away from that right-wing organ by the centrist or maybe slightly left-of-center Atlantic to widen the range of commentary there. But then the arrangement was swiftly ended because of a firestorm over the fact that Mr. Williamson has supported the death penalty, at least in some cases, for women who had abortions.  Mr. Williamson considers abortion murder and thus says women who have abortions should be hung.

 

Here’s what he said in a podcast in 2014:

 

“I think in some ways it’s  {abortion} worse than your typical murder. I mean, it’s absolutely premeditated. . . . It’s something that’s performed against the most vulnerable sort of people. And that’s the sort of thing we generally take into account in the sentencing of other murder cases. You know, murdering a four-year-old kid is not the same as killing a 21-year-old guy.”

“I’m absolutely willing to see abortion treated like a regular homicide under the criminal code.”  He favors hanging, by the way.

Now, I strongly support the right of women to have abortions in the very early stages of pregnancy and generally oppose the death penalty, with some exceptions, such as mass murderers, domestic and foreign. (Bashar Assad should be strung up.) I find it hard to see how a few cells soon after a conception comprise a human. But many millions of people sincerely believe that, on theological and other grounds.

Still, Kevin Williamson, however offensive, is being intellectually coherent. I would have kept him writing at The Atlantic.


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