The World and Everything in It: August 12, 2024

PREROLL: The World and Everything in It is made possible by listeners like me. My name is Rebecca and I live in Kazakhstan. I am a researcher and love working with data. Because of the time zone difference. I listen to World during my evening, your morning. It is a great way to be informed on current events and seeing things the way God does. I hope you enjoy today's program.

MYRNA BROWN, HOST: Good morning! Today on Legal Docket we’ll tell you about an ongoing dispute growing out of campus anti-Israel protests.

NICK EICHER, HOST: Also today, campaign promises on tax policy and should presidents have a “say” on interest rates, the Monday Moneybeat coming up with economist David Bahnsen, and …

AUDIO: I really felt like she was meant to be found.

Life ain’t easy for a T-Rex named Sue, the WORLD History book later on.

BROWN: It’s Monday, August 12th. This is The World and Everything in It from listener-supported WORLD Radio. I’m Myrna Brown.

EICHER: And I’m Nick Eicher. Good morning!

BROWN: Up next, Mark Mellinger with today’s news.

MARK MELLINGER, NEWS ANCHOR: Israel expands evacuation orders » Israel is ordering more evacuations in and around the Gaza Strip’s second largest city, Khan Younis.

The Israel Defense Forces, or IDF, says Hamas has been launching attacks from a humanitarian zone there.

This comes on the heels of an Israeli air strike over the weekend that killed at least 80 Palestinians sheltering inside a school in northern Gaza, drawing criticism from the U.N. Human Rights Office. IDF Spokesman Daniel Hagari….

HAGARI: We took numerous steps to mitigate the risk to civilians, including using aerial surveillance prior to the strike.

Israel targeted the building because it says a top Islamic Jihad commander was inside. The IDF says Hamas and other militants are routinely hiding among civilians in Gaza and launching attacks from neighborhoods.

Meantime, Hamas is pushing back on calls to resume cease-fire talks this week. Instead, it’s urging mediators from the U.S., Egypt, and Qatar to submit a plan for implementing points already agreed upon last month.

Zelenskyy acknowledges incursion into Russia » Ukraine’s president acknowledges his country has launched a significant military operation into Russia’s Kursk region.

ZELENSKYY: [Speaking Ukrainian]

That’s President Volodymyr Zelenskyy addressing Ukrainians over the weekend. He says Ukraine is trying to "push the war out into the aggressor’s territory."

This surprise attack is the largest such incursion since Russia’s invasion of Ukraine began more than two years ago. It’s caught Russian forces off guard and even led to evacuations.

Some military experts think the goal could be to divert Russian forces from eastern Ukraine and strengthen Ukraine’s hand in future negotiations.

Biden admits Democrat pressure forced him out » President Biden says concerns from within his party led him to drop his bid for reelection.

BIDEN: What happened was a number of my Democratic colleagues in the House and Senate thought that I was going to hurt them in their races. And I was concerned if I stayed in the race, that would have been the topic.

Biden talking to CBS News Sunday Morning, his first interview since he dropped out of the presidential race last month.

The president says his campaign’s central theme of maintaining democracy is still critical. He also says the replacement ticket of Vice President Kamala Harris and Minnesota Governor Tim Walz is a great team—adding he’ll be campaigning with them to help defeat Donald Trump.

Harris agrees with Trump: No taxes on tips » Speaking of the vice president, she now agrees with former President Trump on one issue: no taxes on tips.

HARRIS: Raise the minimum wage and eliminate taxes on tips for service and hospitality workers.

That’s Harris during a rally in Las Vegas this weekend.

Not long after, Trump launched a barrage of criticism at the vice president on social media, saying she has no imagination and played copycat on his ‘no taxes on tips’ idea.

The latest New York Times poll shows continued momentum for Harris, currently putting her ahead of Trump in the battleground states of Wisconsin, Michigan, and Pennsylvania.

Gas prices way down » If it seems like going to the gas pump lately isn’t as much of a drain on your wallet, it’s not just your imagination.

Trilby Lundberg of The Lundberg Survey says…

LUNDBERG: We have a six-cent drop in the past two weeks to $3.53 for regular.

That’s the U.S.’s new national average for a gallon of regular unleaded, which Lundberg says is down 37 cents from this same time last year.

She chalks up the change in price to an oil refinery in the Midwest coming back online after bad weather shut it down.

SOUND: [Fireworks]

Olympics closing ceremony » Fireworks lit up the night sky outside the Stade de France in Paris.

The Summer Olympics wrapped up with a star-studded closing ceremony.

Tom Cruise pulled off a daredevil stunt, and music icons from California like Snoop Dogg and the Red Hot Chili Peppers performed, all in a nod to L.A., which will host the next Summer Olympics in 2028.

By the way, the U.S. and China tied for the most gold medals this year, with 40 apiece. But the U.S. easily won the overall medal count with 126.

I’m Mark Mellinger.

Straight ahead: This week’s Legal Docket plus the Monday Moneybeat.

This is The World and Everything in It.

MYRNA BROWN, HOST: It’s Monday the 12th of August.

Glad to have you along for today’s edition of The World and Everything in It. Good morning, I’m Myrna Brown.

NICK EICHER, HOST: And I’m Nick Eicher. Time now for Legal Docket.

Well, Mary Reichard is out this week healing at home, but she did do some initial reporting for today’s story about anti-semitism on campus. WORLD’s Steve West filled it out and brings it to us now.

SOUND: [Protestors at UCLA]

STEVE WEST: Since the spring of this year, campuses across the country have been rocked by pro-Palestinian protesters—many, but not all, are students. The protests followed Israeli military moves to counter Hamas militants who killed 1,200 people in southern Israel and took about 250 as hostages.

Administrators at some schools have been criticized for a slow response to removing illegal encampments by protesters. In some cases, critics say they have actually facilitated protests which not only contain anti-Semitic chants but have blocked the movement of Jewish students on campus.

In June, three Jewish students at the University of California Los Angeles, sued the school and its administrators for violating their First Amendment rights to free speech and religious liberty.

The students were helped by a public interest law firm, the Becket Fund for Religious Liberty. Mark Rienzi, the president and CEO of Becket, recently spoke with WORLD’s Mary Reichard about the lawsuit.

MARK RIENZI: So our students are two law students, Yitzchok Frankel and Eden Shemuelian, and one undergraduate student, Joshua Ghayoum. All three of the students are students at UCLA. They pay tuition. They are entitled to fair and equal treatment on UCLA's campus.

At the heart of the students’ complaint was not what protesters were doing but what administrators failed to do.

RIENZI: When the anti- Israel encampments broke out, UCLA assisted those encampments with excluding certain people, namely religious Jews who have beliefs about Israel, excluding those people from entry to portions of campus. And UCLA was not a mere bystander to this discrimination, but it was a perpetrator.

According to the complaint, protesters set up a “Jew Exclusion Zone” at Royce Quad, one of the busiest areas on campus. Students said that for about a week the encampment blocked Jewish students and faculty from going to classes, offices, and the library.

Protesters used barriers to physically block people from passing through. To enter the area, a person had to pledge their commitment to the activists’ views and have someone within the encampment “vouch” for their loyalty. Once a person was inside the barriers, the demonstrators then gave them wristbands or some other form of identification.

Protesters also locked arms to prevent people who refused to disavow Israel from entering the zone. The Jewish students who sued say that school leadership aided the protestors, rather than the students.

RIENZI: UCLA admits it set up the metal barricades that were used to keep the Jews out of the heart of campus. It assigned security guards who, instead of helping the Jewish students access parts of campus that they had every right to go through, those security guards were instead instructed to tell the Jewish students to go around or go someplace else and don't go through the campus.

So how did UCLA end up in this situation? In testimony before a congressional subcommittee in June, Rienzi laid out a series of events leading up to the encampments.

RIENZI TESTIMONY: Imagine if you will the following scenes: A group of individuals holds a demonstration at a main thoroughfare in a public university. They carry anti-semitic signs and they chant “slaughter the Jews.” Police officers are present but they stand idly by as demonstrators intimidate Jewish faculty and Jewish students.

A few weeks later a professor finds a pile of trash at her front door with a piece of paper that says “loudmouth Jew” and a book cover that prominently features a swastika. Then imagine hundreds of agitators swarming a law school holding signs and chanting slogans like “There's only one solution” and “Death to Jews.” A short time later unknown individuals put up a statue on campus that traffics in anti-Semitic tropes with a large pig holding a bag of money alongside a bucket painted with the Star of David.

Finally, students and outside activists erect an unauthorized encampment at the heart of campus outside of important academic buildings and the main undergraduate campus library. Those inside the encampment shout anti-Semitic slurs like “This is the final solution” and “Death to Jews,” they draw a Star of David, then they cross it out and then they draw the Nazi hate symbol, the swastika. They set up checkpoints to block access. They interrogate students attempting to pass. They issue wristbands to people with approved ideas and they deny entry to visibly Jewish students such as those wearing a Star of David or wearing a kippah.

Rienzi says there are multiple grounds for holding UCLA liable for its inaction or complicity in protesters’ illegal activity.

RIENZI: UCLA has an obligation to allow and respect the religious exercise of these students. It's also a case under Title VI of the civil rights law, which says that recipients of federal funding cannot allow this type of discrimination on their campus. Schools are not allowed to allow segregation, and they certainly can't allow religious segregation, which is what it was here. So there are, you know, there are long precedents saying segregation is impermissible. UCLA ought to have known that.

Things came to head for the students and the school a couple of weeks ago as a federal judge heard arguments over whether students were entitled to relief. According to an account of the proceeding from Courthouse News Service, U.S. District Judge Mark Scarsi didn’t have much regard for arguments by UCLA attorneys. They said Jewish students didn’t have standing to complain since the university had taken steps to remove the encampments and address security issues.

What Judge Scarsi did do is order the parties to come back in a week with an agreed-on order that he could enter before the start of fall classes that would ensure fair treatment and equal access to university buildings by Jewish students.

They did that last Monday—only they weren’t able to agree.

The University doesn’t want an order in the first place, but the one they proposed does not address charges of anti-Semitism but only building access and campus traffic flow. And it gives broad discretion to university officials in how to address future encampments.

On the other hand, the students’ proposed order is more direct in addressing denial of access by Jewish students to buildings, programs, and facilities. It would also change how school leaders respond to future protests and encampments by directing campus security to not deny Jews access to buildings or programs, even as a part of so-called de-escalation efforts.

It’s up to the court now to decide how strong of an order to issue against the university. The school plans to appeal, and will ask the court to stay the order while it appeals.

So far, other schools have had to come to terms with their failure to protect the rights of Jewish students and faculty. Columbia University recently settled a similar lawsuit. And last Tuesday, a federal judge in Massachusetts allowed a lawsuit against Harvard University to proceed.

But after all this, you might be wondering—how could this happen at an American university? Is it a consequence of an identity politics and woke ideology that analyzes everything through a “who is more powerful” lens? Rienzi seemed to suggest as much.

RIENZI: I think the people who hate the Jews and hate Israel often quite frequently hate America and hate our freedoms and our constitutions too. So I think it's all kind of bound up together. I don't know for any individual person whether that's true, but on the whole I think those are all pretty related hatreds and pathologies, and they're bad. And I don't think it's good for our universities to tolerate them and placate them the way they did at the expense of their Jewish students this spring.

And even for Americans who aren’t Jewish, attacks on the religious liberty of some should be a concern for all.

RIENZI: We should not want to be part of a society that would treat Jews or anybody else this way. But it's also important for the rest of us, because what's happening to the Jews today could happen to the Catholics or somebody else tomorrow. Religious liberty really is about all of us, and we simply can't sit idly by while some group gets abused or beaten up this way…. [8:17] The idea that this happened in 2024 in the United States at UCLA is disgusting, and it needs to not happen again. But the only way you get to “It’s not gonna happen again” is if you get clear court orders, you get clear rules laid down, and the rest of the colleges look and say, “Oh, I better follow that rule in the future.”

The court is expected to rule before students return to classes.

That’s it for this week’s Legal Docket.

I’m Steve West.

MYRNA BROWN, HOST: Coming up next on The World and Everything in It: The Monday Moneybeat.

NICK EICHER, HOST: Time now to talk business, markets and the economy with financial analyst and advisor David Bahnsen. David's head of the wealth management firm the Bahnsen Group. He is here now. And David, good morning.

DAVID BAHNSEN: Good morning, Nick. Good to be with you.

EICHER: Alright, David, some tax policy to talk about. The New York Times reports three plans put forth by former President Trump, one of them for hotel and restaurant workers. He was speaking in Nevada about axing the tax on gratuities, no tax on tips. Two, he met with some CEOs in Washington and floated a plan to cut the corporate tax rate. And then third, he is talking about not taxing Social Security benefits. How do you appraise those as tax policy, David?

BAHNSEN: You know, I'm not really a big fan of any of them. None of them are really supply side, but I don't know that any of them are particularly serious. either. I think that they are all in that camp of kind of vote pandering. And, you know, for a right wing movement conservative like me, we forget that sometimes both sides of the aisle are very capable of it.

Now, at the end of the day, if I had to pick between vote pandering by trying to cancel away student debt or vote pandering by saying I'm going to get rid of a certain targeted tax on a certain targeted voting block, I would prefer the latter.

But, you know, all of these discussions from the left and the right on tax policy require Congress, and I'm not sure that any of this is very serious politically. Now as a matter of policy, which you're asking me about, I favor lower taxes, lower tax rates, and I favor lowering, decreasing the size of government.

Do I think that by targeting a particular sector to say part of your income shouldn't be taxed, or even on the social security side, saying we're not going to tax your benefits, that that's the way to go about doing it? Or do I prefer as a means of getting to lower taxes, broad based tax cuts? I prefer the latter. I think it creates more incentives in the economy, and it's what we've done in the past that generated the most success.

When you have broad based reduction of tax base, it creates the most equalized opportunity and increase in productivity. So that would be my preference as to how we go about doing it. And of those three, by the way, I guess I shouldn't have said all three, because a reduction of the corporate tax rate is broad based, but I think he already reduced it from 35% to 21% and got rid of a lot of the kind of silly deductions that were more targeted and susceptible to favoritism and cronyism.

But the rate at 21%, my understanding is that President Trump is saying he wants to reduce that to 20%. But some of the people advising President Trump, including people that I'm very involved with, are pushing him to consider a 15% rate. 21 down to 15 would be very supply side.

EICHER: Okay, well, another big story involving the Trump campaign at his Mar-a-Lago press conference last week, a reporter asked him about the Federal Reserve. Have a listen to this.

TRUMP: The Federal Reserve is a very interesting thing. And it’s sort of gotten it wrong a lot. And he’s tending to be a little bit late on things. He gets a little bit too early and a little bit too late. And, you know, that’s very largely a — it’s a gut feeling.

I believe it’s really a gut feeling. And I used to have it out with him. I had it out with him a couple of times very strongly. I fought him very hard. And, you know, we get along fine. We get along fine. But I feel that — I feel the President should have at least say in there, yeah, I feel that strongly. I think that, in my case, I’ve made a lot of money. I was very successful. And I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the Chairman.

“I feel the president should have at least a say.” And the context there was interest rates. What do you think David?

BAHNSEN: Well, I first want to be a little bit defensive at President Trump, in the sense that I don't believe he's being serious. And I think that this is an example of sometimes him saying things that are taken more seriously than they ought to be. There is no remote sense in which one could defend the president administering monetary policy.

That independence of a central bank is vital. And I am totally open to the arguments, and I have made the arguments that the independence of the central bank is somewhat mythological, that it doesn't ever exist purely; and we saw through Covid, and we saw through the Financial Crisis, and we've seen in other countries that there is what I call an accord between the Treasury Department and the central bank at some level that I'm never comfortable with. But making it explicit and flat out saying that those who spend the money will directly be responsible for the decisions around the cost of money is not even a slippery slope to... Is wildly abusive of public trust, of public funds.

So my own belief is that President Trump knows that it's a way to jawbone the Fed, to talk about the Fed, and he's speaking to his own base and audience that is not really thinking about rules-based monetary policy, or some of these deeper, principled issues, but more kind of thinking, okay, he's setting the stage for, I want the Fed to do certain things. He's kind of working the refs, if you will.

I'm totally against it, but I don't believe for a second he's serious. And one of the reasons I know that, is I don't believe any of the people advising him who, some of which I know very, very well, agree with any part of this. So the central bank and the politicians ought to be independent of one another, and there has been coordination in the past, but the notion of the president setting interest rates is something that would be impossible for any conservative to get behind.

EICHER: Alright, David, before we go, it was one week ago today, on Wall Street, the Dow shed a thousand points on Monday, the Standard & Poor’s 500 Index lost 3 percent, but by Friday …

AUDIO: Bahnsen rings the bell …

Well, how about that? All was well. David Bahnsen ringing the bell, the opening bell on the New York Stock Exchange. What an exciting day that must have been for you, David. What is the story behind that? Tell us.

BAHNSEN: Well, it was. Thank you for bringing it up. We had a lot of fun with it. On Friday of last week, the New York Stock Exchange had invited us to ring the bell. Anytime you issue a new security with the New York Stock Exchange, they are likely to invite you. It could take a little time. We have our own fund strategy that the ticker is TBG, like The Bahnsen Group, but it's obviously not our company, The Bahnsen Group. It's a dividend portfolio that we began trading with the New York Stock Exchange in November of last year, and so they invited us.

I brought my investment committee with me, and what you couldn't see on the floor of the exchange was a lot of our employees from our New York office were there, too. Up on the podium with me were my other traders and analysts and portfolio people. So, yeah, it was a really memorable experience. It's a beautiful building.

I just want to quickly say, by the way, they did a little private reception for us beforehand, and they played this little two minute video, and they won't release it to the public. I asked for a copy of the link, and they said they can't do that. This video that was, again, kind of a commercial for the New York Stock Exchange in providing the history and everything, was such a beautiful defense of free markets, talking about how capital markets are necessary for human freedom, for what people can do when they're free, to build and create and grow. And it had the history, and as I was watching it, recognizing, you know, that their specific agenda was tailored to Wall Street and capital markets, but it was just this, like a faith based, you know, Christian defending free enterprise would have made the video. And so I was really encouraged by that not everybody is surrendering to the forces of wokeism and DEI and progressivism, and apparently the New York Stock Exchange is still doing the right thing here.

So it was nice.

EICHER: Even if only behind the scenes.

BAHNSEN: Yes, yes, well, and so I think, you know, it's one area where it's necessary to maintain a meritocratic and freedom-oriented perspective is in markets.

EICHER: All right. David Bahnsen, founder, managing partner and Chief Investment Officer at TBG, the Bahnsen Group. Check out David's latest book. It's titled Full Time: Work and the Meaning of Life. The website is fulltimebook.com David, have a great week.

BAHNSEN: Thanks so much, Nick.

NICK EICHER, HOST: Today is Monday, August 12th, 2024. Good morning! This is The World and Everything in It from listener-supported WORLD Radio. I’m Nick Eicher.

MYRNA BROWN, HOST: And I’m Myrna Brown. Up next, the WORLD History Book. Summer is just about over and school is around the corner. So today, three stories from the history of the great outdoors—including dozens of beavers catching a flight to a new destination.

And, a T-Rex skeleton is caught up in an ownership dispute.

EICHER: But first, two deadly grizzly bear attacks decades ago in a Montana national park lead to a policy change. Here’s WORLD Radio Reporter Emma Perley.

EMMA PERLEY: August 12th, 1967, a teenager named Julie Helgeson hunkers down for the night in Glacier National Park, Montana.

Julie and her boyfriend, Roy Ducat, crawl into their sleeping bags and drift off. In a PBS documentary interview Ducat recalls being awakened by an aggressive bear.

DUCAT: I remember Julie saying, whispering to me, ‘Play dead.’ He started biting me, he bit me on my back, my legs, it just happened so fast … I felt overwhelmed, helpless …

Roy plays dead, and that works for him. But the bear heads for Julie and drags her away. Roy alerts the lodge, and soon a park service helicopter brings in armed rangers and medical supplies.

A search party finds Julie, still conscious but badly hurt, and the rescuers bring her back to the lodge. But even with two doctors, a surgeon, and a nurse attending to her , they soon realize there’s nothing they can do. Pastor Tom Connelly baptizes Julie with a wet rag and gives her last rites.

CONNELLY: I’d asked her to hold my hand, because she was able to have a little bit of a grip and gave me some awareness that we were in contact with each other, and that she was following the prayer …

Earlier that evening, five teenagers hike down to a nearby lake. 19 year-old Michele Koons keeps an eye on her friend’s puppy, while the rest head out to fish. Paul Dunn remembers the peaceful day.

DUNN: It was just a nice, easygoing afternoon for awhile.

But a grizzly appears after dark. As it starts slashing into Paul’s sleeping bag, he jumps out and up a tree. The others wake up to the noise, and clamber into the trees, dragging the puppy with them. But Michele’s sleeping-bag zipper is stuck, and she can’t get away.

Rangers find Michele’s body a few hundred feet away from the campsite the next morning. The two female bears who killed Michele and Julie are found and shot by rangers.

The tragedy causes the park service to put in place strict bear-management policies. Bear-proof garbage cans are installed around the park, and authorities begin strictly enforcing rules against park visitors feeding bears.

DOCUMENTARY: Certainly the incidents that night marked a watershed event in managing bears. There had to be some criteria for what was acceptable bear behavior.

Next, August 12th, 1990. Paleontologist Sue Hendrickson is part of a field team on an archaeological dig in South Dakota. And she finds mysterious bone fragments at the base of a cliff. Audio here from a National Geographic documentary in an interview with Hendrickson.

HENDRICKSON: I looked up the hill and about 7, 8 feet up there was quite a few bones so then I crawled up beside it to look closer and there were three vertebrae in a row, and there was a rib sticking out.

Hendrickson heads back to tell team leader Peter Larson about the discovery. Eventually the crew uncovers the skeleton of a Tyrannosaurus Rex  twice as tall as a man, and as long as a bus. The excavation team dubs the T-Rex Sue, in Hendrickson’s honor.

HENDRICKSON: When I found her and then while you’re digging her, it’s like, wow I’m the first person to see her? I really felt like she was meant to be found.

But Sue is soon caught in controversy. The tribal landowner, Maurice Williams, believes he has a claim to Sue’s skeleton, but Larson argues finders keepers. The situation escalates. Even the FBI gets involved raiding Larson’s museum. Here’s Larson speaking with National Geographic.

LARSON: When the FBI came and took Sue, it was probably one of the lowest points in my life.

Finally, a federal court gives Sue back to Williams as well as the U.S. Government … while pressuring Williams to sell Sue to the highest bidder.

AUCTION AUDIO: Good morning, ladies and gentlemen, and welcome to Sotheby’s. We have for auction today the fossil of a Tyrannosaurus Rex known as Sue. One million dollars, do I hear one million?

Sue ends up going for $7.6 million dollars to the Smithsonian’s Museum of Natural History. By 2020, it’s sold again to the Field Museum of Natural History in Chicago, where it remains on display today.

Finally, August 14th, 1948. An old beaver named Geronimo skydives out of a plane, not once, not twice, but several times. Each time he lands safely, only to be whisked away again for another jump. The reason? To test a rather unusual solution for wildlife relocation. Audio here from the Idaho Department of Fish and Game.

ARCHIVAL AUDIO: In preparing for the operation, beavers must be sorted for even size and weight, with one pair of beaver for each box …

Beavers were making it difficult for farmers settling in Northwest Idaho in the 19-40s … often damaging irrigation systems and farmland. But the beavers rarely survived relocation by truck across the mountains to central Idaho. So the conservation officials take to the skies..

ARCHIVAL AUDIO: The drop crates are loaded into the airplane, parachutes are attached to cargo lines, and the boxes are stacked in rows along the waist of the plane. Ten boxes to a load, 20 beaver ready for the flight to Mountain Meadows.

The beavers take a scenic trip in a plane over the mountains and forests, then parachute down to the ground below. The operation proves successful—76 beavers land safely in central Idaho to begin a new life.

ARCHIVAL AUDIO: The plane makes a careful approach, ready for the drop. Now, into the air and down they swing! Down to the ground near a stream or a lake, the box opens, and a most unusual and novel trip ends for Mr. Beaver.

That’s this week’s WORLD History Book. I’m Emma Perley.

NICK EICHER, HOST: Tomorrow: What life is like for families of American hostages still held in Gaza as the conflict heats up around Israel. That and more tomorrow.

I’m Nick Eicher.

MYRNA BROWN, HOST: And I’m Myrna Brown.

The World and Everything in It comes to you from WORLD Radio. WORLD’s mission is biblically objective journalism that informs, educates, and inspires.

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