Photo by Daniel Oines
The Baffler,  February 18, 2015

Daily Bafflements

Photo by Daniel Oines
w
o
r
d

f
a
c
t
o
r
y

• Today in Billionaires: Warren Buffett’s Berkshire Hathaway has dumped stock in Exxon Mobil, citing a desire to stop supporting non-renewable energy resources that are threatening our environment. What’s that? Oh, sorry, no, the reason is actually just “plunging” oil prices.

• “The Clinton Foundation has dropped its self-imposed ban on collecting funds from foreign governments and is winning contributions at an accelerating rate,” reports the Wall Street Journal today. “The Clinton Foundation has set a goal of creating a $250 million endowment…Saudi Arabia, United Arab Emirates and Oman donations went to the endowment drive.”

• Fox News reporter James Rosen’s State Department source for this story about a nuclear test by North Korea has been jailed after being charged with violating the Espionage Act, even though the story wasn’t really “much of a scoop” at all. The Intercept has the story.

• Sorry, kiddos. A new report by the New York Fed demonstrates the explosion of student debt over the past decade, in which time the average balance of loans has grown by a whopping 74 percent. Up until 2012, 30-year-olds with student loans (and accompanying college or graduate school degrees) were more likely to own homes; since then, the trend has reversed, and young grads with loans are less likely to own homes.

You Might Also Enjoy

Deportation Nation

Sarah Jaffe

I think we sugarcoat it by making it very procedural, but actually, that night she was kidnapped from her family and there are many of us in the community that took action. We had them waiting outside in vigil for Lupita in hopes that the director would have released her. Unfortunately, because of Trump’s new executive orders she, much like 8 million other people, are now high priority for deportation. I was standing on the sidewalk and we started to see vans leaving.

word factory

Against Fear

Sarah Jaffe

Welcome to Interviews for Resistance. Since election night 2016, the streets of the United States have rung with resistance.

word factory

Baffler Newsletter

new email subscribers receive a digital copy of our current issue.

Further Reading