Kamasi Washington just released a brand-new movement off his latest EP due out in summer of this year. This new album titled Harmony of Difference contains six suites, one of which is the fourteen-minute-long “Truth,” which explore “the philosophical possibilities of the musical technique known as ‘counterpoint,’” something which Washington considers “the art of balancing similarity and difference to create harmony between separate melodies.”In addition to the release of “Truth,” Washington has also debuted a short film to accompany the fourteen-minute-long movement, which was directed by A.J. Rojas. The video is visually stunning, juxtaposing glimpses of life across Los Angeles perfectly to the transcendent jazz tune and further translating Washington’s ideas about counterpoint to a different medium. You can listen to “Truth” and watch the short film below.
Speaking at an Institute of Politics (IOP) forum, Time magazine columnist Joe Klein connected the shutdown of the federal government to a toxic political culture created by Baby Boomers.“My generation has reached its sell-by date,” Klein said Wednesday at Harvard Kennedy School. “The way to get past this is for those who are millennials to get past us.”The author of the Bill Clinton-inspired novel “Primary Colors” and a writer for Time’s Swampland blog, Klein, 67, is a fellow at the Joan Shorenstein Center on the Press, Politics and Public Policy. He spent his early career as a writer for Boston’s Real Paper, a counterculture weekly. Decades later, he sees a harmful legacy in Boomer attempts to transform culture and politics in the 1960s and ’70s.Fractured coalitions were united into conservatives and liberals, but the middle was left unrepresented, he said. Gerrymandered redistricting and the 1965 Voting Rights Act gave blacks the power they had been promised after the Civil War, but deprived lawmakers of the ability to respond to districts with broad ideological and social needs. Finally, Boomers bred a media cynicism that now passes as insight, and extremists on both sides of the ideological spectrum have undercut civility in debate.“This is a consequence of my Baby Boom generation,” Klein said. “We came into political consequence by distrusting authority. The reaction to those of us involved in the antiwar and Civil Rights Movement of the 1960s was to use those same confrontational tactics we now see in the Tea Party.”Klein is at work on a book exploring the leadership skills of Afghanistan and Iraq war veterans, a project he called “the greatest joy in my life” in an interview following the forum.“I’m tremendously hopeful about that generation,” he said, “and tremendously disappointed in mine.”At the heart of the stalemate is House Republicans’ demand for concessions on President Obama’s Affordable Care Act in exchange for action on federal spending. Linda J. Bilmes, the Daniel Patrick Moynihan Senior Lecturer in Public Policy, veered away from cultural interpretation and pointed to a badly designed appropriations process as the root of the problem.Federal lawmakers could avoid annual fights by adopting state solutions, such as two-year budgeting, Bilmes said.Instead, “Congress lurches from crisis to crisis,” she said, noting that heading into the shutdown no spending bills had been passed.Maralee Schwartz, a longtime Washington Post political reporter and now supervisor of the Institute of Politics’ Washington summer internship program, moderated the discussion. She covered the 1995 federal shutdown, and recalled how Sen. Robert Dole brokered an agreement with House Speaker Newt Gingrich to reopen the government, even though he was then preparing for his presidential campaign. She wondered who the “grown-ups” would be today.“We don’t seem to be able to figure out how to negotiate,” Schwartz said. “Both sides have to be able to save face.”The IOP had planned to welcome U.S. Secretary of Agriculture Tom Vilsack on Wednesday, but the shutdown forced him to remain in Washington, prompting the institute to organize a panel on the issue, according to Director Trey Grayson ’94.
The CDP’s ‘Global Forests 2014’ report, backed by pension investors including the Environment Agency Pension Fund, Sweden’s KPA, Finland’s Keva and the Netherlands’ APG, urged companies to address commodity-linked deforestation, which often forms part of a company’s work with soy beans, palm oil, biofuels and cattle products.The report found that only half of manufacturers and retailers using soy had specific policies in place to monitor the risks associated with deforestation, compared with all of the producers approached and active in the soy market.The discrepancy was significantly lower in the timber and biofuel industries, whereas cattle products and palm oil had around 20 percentage points’ difference between manufacturers and producers.Norway’s Storebrand excluded more than 20 companies from its investment universe earlier this year, including 11 involved in the palm oil industry.Its move followed the Government Pension Fund Global’s divestment from Wilmar International that was used to raise questions as to whether several large Dutch funds should remain invested in the company.A group of investors last year called on companies to ensure palm oil production did not lead to deforestation.The report comes shortly after the CDP released a report on water management that urged pension funds to be “proactive” over the management of water risks.,WebsitesWe are not responsible for the content of external sitesLink to CDP’s 2014 Global Forests report Pension investors should pay greater attention to the risks of deforestation and encourage companies to look at the associated business risks, as a new report showed inconsistent disclosure policies across timber, palm oil and biofuel supply chains.Paul Simpson, chief executive at the CDP, the NGO behind the report, said some investors were beginning to see the risks posed by deforestation, and cited last year’s divestment by Norway’s Storebrand from certain palm oil companies as an example.Freddie Woolfe, associate director of corporate engagement at Hermes Investment Management, added that forests should be viewed as important in capturing excess carbon emissions and ensuring water risks are kept low.“For a heavily diversified universal asset owner such as a pension fund, which is focused on long-term wealth creation, destruction of such a valuable ecosystem with no comparable alternative makes no sense,” he said.
It also noted that Hayes had, in his initial report to Parliament from July, suggested an expansion of such full-funding requirements to all new or additional schemes.“Again, we are supportive of being fully funded at all times as an ambition,” the association said.“We need to be realistic and understand there will be situations where there is an underfunding.”It later suggested cross-border funds should be treated no differently than their domestic counterparts, and be allowed to submit funding proposals.Where underfunding occurs, schemes should determine if it was the result of decisions made by management or other, external problems, and then implement a recovery plan.The AAE suggested that, where underfunding was found to be the result of mistakes by management, then the recovery plan should stipulate measures to ensure better management is put in place.Hayes in October distanced himself from amendments for the funding of “new or additional [cross-border] schemes”, submitting revised wording that will be put to vote by the Economic and Monetary Affairs Committee (ECON) next week.European parliamentarians have also been urged to vote in favour of a number of responsible investment provisions when meeting on 1 December.In a letter by Eurosif, the UK’s ShareAction, 2 Degrees Investing, WWF and other NGOs, the signatories urged MEPs to reinstate provisions requiring pension funds to conduct risk assessments of climate and environmental risks.“The European Parliament has the opportunity to take a leadership role in seeking to protect pensioners’ financial futures through promoting a culture of responsible investment,” the letter said.It also urged MEPs to back any one of three similar resolutions by ECON members Anneliese Dodds and Paul Tang, UK and Dutch members of the Socialists and Democrats, or Bas Eickhout, a Dutch MEP and member of the Greens.These resolutions argued that a beneficiary’s best interest and environmental, social and governance (ESG) matters were not incompatible.The letter said studies by the Principles for Responsible Investment and the UK’s Law Commission had shown that the duty was often interpreted as requiring a short-term focus on returns, excluding long-term, ESG considerations. “As such, MEPs must use the opportunity presented by the revision of this Directive to clarify the law in this regard,” it said. The successful passage of one of the amendments would once again raise the issues of fiduciary duties, less than a month after the UK’s “extremely disappointing” decision against amending domestic law.,WebsitesWe are not responsible for the content of external sitesLink to paper by Actuarial Association of EuropeLink to letter signed by ShareAction, Eurosif Cross-border pension funds should not be subject to full funding requirements, the Actuarial Association of Europe (AAE) has argued.Releasing its position paper on the revised IORP Directive, the association repeatedly sided with MEP Brian Hayes but questioned the IORP rapporteur’s attempts to extend more stringent funding requirements to all new schemes launched.The paper said it supported the parliamentarian’s notion that “unnecessary obstacles” holding back the launch of cross-border pension funds should be removed but argued that requiring funds to cover liabilities at all times was one such obstacle.“We would note that the requirement to be fully funded caused [the] closure of the many existing cross-border arrangements when the Directive came into effect,” the paper added, citing examples of cross-border provision between Ireland and the UK.
Team USA has lost yet another player for the FIBA World Cup.Rockets forward P.J. Tucker has withdrawn from the tournament after sustaining an ankle injury during practice Thursday, according to The Athletic. FIBA World Cup 2019: Khris Middleton, Brook Lopez wish Giannis Antetokounmpo the best, just not against U.S. The remaining team features talented players but looks more like a roster full of borderline All-Stars and third-team NBAers with Kemba Walker, Jayson Tatum, Jaylen Brown, Marcus Smart, Donovan Mitchell, Brook Lopez, Khris Middleton, De’Aaron Fox, Harrison Barnes, Kyle Kuzma, Myles Turner and Mason Plumlee filling out the list.Again, these are good players, but most have made it to the team by virtue of injury or invite after other players pulled out.Team USA will play Australia in an exhibition game in the coming week and then faces off with the Czech Republic to open tournament play Sept. 1. Anthony Davis, Damian Lillard, CJ McCollum, Julius Randle, Marvin Bagley III, Trae Young, Bradley Beal, Kyle Lowry, DeMar DeRozan, Tobias Harris, Paul Millsap, JJ Redick, Kevin Love, Andre Drummond and Montrezl Harrell have all either pulled out of Team USA or declined an invite. FIBA World Cup: Kyle Lowry withdraws from Team USA after not being cleared for ‘full basketball activities’ Houston’s PJ Tucker is withdrawing from USA Basketball ahead of FIBA World Cup because of an ankle injury, and will prepare for Rockets training camp, sources tell @TheAthleticNBA @Stadium.— Shams Charania (@ShamsCharania) August 16, 2019According to the Houston Chronicle, Tucker returned to Houston to receive treatment for what is being described as a “minor left ankle sprain.”Tucker is diagnosed as having “a minor left ankle sprain” and will return to Houston for treatment.— Jonathan Feigen (@Jonathan_Feigen) August 16, 2019Tucker joins teammates James Harden and Eric Gordon in withdrawing from Team USA, but they are only three in what has been a seemingly endless line of withdrawals from the roster. Related News FIBA World Cup: Marvin Bagley III latest player to withdraw from Team USA, report says FIBA World Cup: Celtics excited for new season, extra time with new teammate Kemba Walker FIBA World Cup 2019: Hawks’ Trae Young leaves Team USA camp with ‘minor injury’