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CAPITAL & MAIN-The last two decades have seen the downsizing or demise of countless American print media outlets, leaving many of us resigned at reports of the latest corporate consolidation or private equity takeover of a beloved publication.
Though I unhappily count myself among the jaded, one precursor to the 21st century erosion of the Fourth Estate still carries a particular sting and important lessons for our time.
In June 1996, Michael Lacey and Jim Larkin swaggered into a small newsroom in West Los Angeles where a group of journalists had gathered for what they expected to be a living wake for their paper. Starting in Arizona in the 1970s, the two men had built the largest chain of alternative weeklies in the U.S. through a series of aggressive acquisitions. Though the founders of New Times tried halfheartedly to put lipstick on a pig with reassurances about their intentions, the staff’s worst fears were soon confirmed.
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Good Wednesday morning!
President Joe Biden spoke with United Arab Emirates Crown Prince Mohamed bin Zayed yesterday. The White House said Biden “underlined the strategic importance of the normalization of relations between the United Arab Emirates and Israel,” noting his “full support for strengthening and expanding these arrangements.”
Jared Kushner is launching an organization called the “Abraham Accords Institute of Peace,” aimed at deepening ties between Israel and the UAE, Bahrain, Sudan and Morocco, together with Avi Berkowitz, Haim Saban, UAE Ambassador Yousef Al Otaiba, Bahrani Ambassador Abdulla Al-Khalifa, and Israeli Foreign Minister Gabi Ashkenazi. Rob Greenway, formerly a top Middle East advisor to President Donald Trump, will serve as executive director.
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Joni Ernst (R-IA), and
Kevin Cramer (R-ND) introduced the Holocaust Insurance Accountability Act . The legislation would allow beneficiaries of Holocaust-era insurance policies to bring civil action in U.S. district courts against the insurer for the covered policy to recover proceeds due or otherwise enforce any rights under the policy. Representative
Debbie Wasserman Schultz (D-FL) introduced companion legislation in the
U.S. House of Representatives.
Most recently, Rubio reintroduced the Holocaust Insurance Accountability Act in the 116th Congess. Rubio previously introduced the legislation in the 112th, 114th, and 115th
Congress with former Senator
Bill Nelson (D-FL). The Holocaust remains humanity s darkest hour, leaving a permanent stain on history for all nations, Rubio said.
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