Opinion Today: Is divestment from Israel self-defeating?

The campus protests raise difficult questions. [View in browser](~/AAAAAQA~/RgRoH0BuP4RIAWh0dHBzOi8vbWVzc2FnaW5nLWN1c3RvbS1uZXdzbGV0dGVycy5ueXRpbWVzLmNvbS9keW5hbWljL3JlbmRlcj9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDI0MDUwOSZmaXJzdF9zZW5kPTAmaW5zdGFuY2VfaWQ9MTIyODEzJmlzVmlld0luQnJvd3Nlcj10cnVlJm5sPW9waW5pb24tdG9kYXkmcGFpZF9yZWdpPTAmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVyaT1ueXQlM0ElMkYlMkZuZXdzbGV0dGVyJTJGMTM3ZjdiMzYtYTJkZS01MWRkLWIxY2QtZmU1NjQ1ODgxYTZjJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD)|[nytimes.com](~/AAAAAQA~/RgRoH0BuP0SxaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [Ad](~/AAAAAQA~/RgRoH0BuP0SlaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9MTYyMTM5JmxpPVRZJm09YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDcmcD1UWV8yMDI0MDUwOSZzdHBlPWRlZmF1bHQmdGU9MSZubD1vcGluaW9uLXRvZGF5JmVtYz1lZGl0X3R5XzIwMjQwNTA5VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [Opinion Today](~/AAAAAQA~/RgRoH0BuP0TAaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vc2VjdGlvbi9vcGluaW9uP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) May 9, 2024 [Author Headshot] By Suein Hwang Business, Economics, and Technology Editor, Opinion I’m sure many of you are aware that protests have erupted on the lawns of well-known colleges and universities. Some of you may also know about one of the things many protesters are seeking: divestiture from companies and institutions that do business with Israel. But is that possible or financially tenable? If you want an idea of the dynamics at play from an investment perspective, it’s worth reading this [guest essay](~/AAAAAQA~/RgRoH0BuP0TlaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2RpdmVzdC1jYW1wdXMtcHJvdGVzdC1pc3JhZWwuaHRtbD9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDI0MDUwOSZpbnN0YW5jZV9pZD0xMjI4MTMmbmw9b3Bpbmlvbi10b2RheSZyZWdpX2lkPTc3Njc0OTUyJnNlZ21lbnRfaWQ9MTY2MTA4JnRlPTEmdXNlcl9pZD1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkN1cDbnl0QgpmM267PGa9kQPAUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAAM~) by Gary Sernovitz. As a private equity executive, Sernovitz had a front-row seat to a prior movement urging universities to divest from fossil fuels; some schools stopped investing in his firm’s oil and gas funds while others invested in its clean energy funds. He even [wrote a novel](~/AAAAAQA~/RgRoH0BuP4QYAWh0dHBzOi8vd3d3LmJsb29tYmVyZy5jb20vbmV3cy9hcnRpY2xlcy8yMDI0LTAyLTEwL2NvbGxlZ2UtbW9uZXktbWFuYWdlci1zcGlsbHMtc2VjcmV0cy1vZi1lbmRvd21lbnRzLWluLW5ldy1ib29rP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmc3JlZj1CM3VGeXFKVCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) on the travails of a college chief investment officer. His bottom line: In taking the easy way out on fossil fuels — schools’ exposure to oil and gas investments was often less than 5 percent of their endowment — these institutions put every investment up for debate. If Israel is a target, for political reasons, what countries are next? Even more thorny in this case, Sernovitz writes, is the question of what would be the benchmark by which divestment would end. A cease-fire? A two-state solution? The end of Israel as a Jewish state? Endowments “can’t be in the moral adjudication business — and they should never have headed this way,” Sernowitz writes in his guest essay. He argues: This does not mean that investing should be a returns-at-any-cost exercise. But it does mean that the real world does not always provide objective answers to how to balance benefits and consequences of companies providing products and services: Carbon emissions are bad, but energy consumption is necessary. Microsoft software for the Israeli government may displease you, but Microsoft saying it won’t sell software to Israel would displease others — and [probably get itself banned](~/AAAAAQA~/RgRoH0BuP0T0aHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAxNi8wNi8wNi9ueXJlZ2lvbi9jdW9tby1uZXcteW9yay1pc3JhZWwtYm95Y290dC1iZHMtbW92ZW1lbnQuaHRtbD9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDI0MDUwOSZpbnN0YW5jZV9pZD0xMjI4MTMmbmw9b3Bpbmlvbi10b2RheSZyZWdpX2lkPTc3Njc0OTUyJnNlZ21lbnRfaWQ9MTY2MTA4JnRlPTEmdXNlcl9pZD1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkN1cDbnl0QgpmM267PGa9kQPAUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAAM~) from working [with New York State agencies](~/AAAAAQA~/RgRoH0BuP0TjaHR0cHM6Ly93d3cuZ292ZXJub3IubnkuZ292L3NpdGVzL2RlZmF1bHQvZmlsZXMvYXRvbXMvZmlsZXMvRU9fMTU3X25ldy5wZGY_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD). Graduation season is now upon us, and there’s a chance that the protests may take a hiatus. But the questions they have raised will undoubtedly linger. [Read the guest essay:](~/AAAAAQA~/RgRoH0BuP0TlaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2RpdmVzdC1jYW1wdXMtcHJvdGVzdC1pc3JhZWwuaHRtbD9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDI0MDUwOSZpbnN0YW5jZV9pZD0xMjI4MTMmbmw9b3Bpbmlvbi10b2RheSZyZWdpX2lkPTc3Njc0OTUyJnNlZ21lbnRfaWQ9MTY2MTA4JnRlPTEmdXNlcl9pZD1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkN1cDbnl0QgpmM267PGa9kQPAUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAAM~) ~/AAAAAQA~/RgRoH0BuP0TlaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2RpdmVzdC1jYW1wdXMtcHJvdGVzdC1pc3JhZWwuaHRtbD9jYW1wYWlnbl9pZD0zOSZlbWM9ZWRpdF90eV8yMDI0MDUwOSZpbnN0YW5jZV9pZD0xMjI4MTMmbmw9b3Bpbmlvbi10b2RheSZyZWdpX2lkPTc3Njc0OTUyJnNlZ21lbnRfaWQ9MTY2MTA4JnRlPTEmdXNlcl9pZD1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkN1cDbnl0QgpmM267PGa9kQPAUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAAM~ [A black and white photograph of a crowd of students, most attired in caps and gowns. Many are holding up their caps, which have signs reading “Divest now!” pasted on them. ] Marilynn K. Yee/The New York Times Guest Essay Elite Colleges Walked Into the Israel Divestment Trap Colleges cannot accede to student protesters’ demands that they jettison investments because of the war in Gaza. By Gary Sernovitz ADVERTISEMENT [Ad](~/AAAAAQA~/RgRoH0BuP0SkaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NTk3ODUmbGk9VFkmbT1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkNyZwPVRZXzIwMjQwNTA5JnN0cGU9ZGVmYXVsdCZ0ZT0xJm5sPW9waW5pb24tdG9kYXkmZW1jPWVkaXRfdHlfMjAyNDA1MDlXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [Ad](~/AAAAAQA~/RgRoH0BuP0SkaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9NTk3ODUmbGk9VFkmbT1hYTQ5MWVmN2YxZDk2NGU0OTc5ZmI3ODRlNzRlMDFkNyZwPVRZXzIwMjQwNTA5JnN0cGU9ZGVmYXVsdCZ0ZT0xJm5sPW9waW5pb24tdG9kYXkmZW1jPWVkaXRfdHlfMjAyNDA1MDlXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) Here’s what we’re focusing on today: Editors’ Picks [Charles M. Blow Young Voters Aren’t Happy With Biden. But Will They Abandon Him? The president’s complicated relationship with a key demographic. By Charles M. 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By Michelle Cottle](~/AAAAAQA~/RgRoH0BuP0TdaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2tyaXN0aS1ub2VtLXRydW1wLXZwLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [A woman with large earrings (Kristi Noem) looks slightly off to one side.](~/AAAAAQA~/RgRoH0BuP0TdaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2tyaXN0aS1ub2VtLXRydW1wLXZwLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [Nicholas Kristof The Case for Hope After decades of reporting on the front lines, I am awed by the material and moral progress the world has made. By Nicholas Kristof](~/AAAAAQA~/RgRoH0BuP0TmaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2pvdXJuYWxpc20tcmVwb3J0aW5nLXByb2dyZXNzLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [An illustration of a flower growing out of a dark cloud into a lighter cloud.](~/AAAAAQA~/RgRoH0BuP0TmaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2pvdXJuYWxpc20tcmVwb3J0aW5nLXByb2dyZXNzLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [Guest Essay Israel’s Incursion Into Rafah Could Be a Costly Mistake Judging by the war’s conduct to date, it’s more likely that in the end, the operation will do more damage to Israel. By Shira Efron](~/AAAAAQA~/RgRoH0BuP0TwaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL2lzcmFlbC1pbmN1cnNpb24tcmFmYWgtaGFtYXMtbmV0YW5oeWFodS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [Smoke billows over buildings in the distance, with several figures in the foreground.](~/AAAAAQA~/RgRoH0BuP0TwaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL2lzcmFlbC1pbmN1cnNpb24tcmFmYWgtaGFtYXMtbmV0YW5oeWFodS5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [Guest Essay When the Alternative to Foster Care Is an Unsafe Home, There Is Only One Right Choice We need to rethink the policy of preserving families, seemingly at all costs. By Naomi Schaefer Riley](~/AAAAAQA~/RgRoH0BuP0TgaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2NoaWxkLWFidXNlLWZvc3Rlci1jYXJlLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [An illustration of a woman planting a flower as others wilt behind it.](~/AAAAAQA~/RgRoH0BuP0TgaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL2NoaWxkLWFidXNlLWZvc3Rlci1jYXJlLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [There’s Only One Explanation for Judge Cannon’s Actions By David Firestone](~/AAAAAQA~/RgRoH0BuP0TtaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vbGl2ZS8yMDI0LzA1LzA3L29waW5pb24vdGhlcG9pbnQvY2Fubm9uLXRydW1wLWRvY3VtZW50cy1jYXNlP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [A photograph of documents, spilling from a file box, inside of a storage room.](~/AAAAAQA~/RgRoH0BuP0TtaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vbGl2ZS8yMDI0LzA1LzA3L29waW5pb24vdGhlcG9pbnQvY2Fubm9uLXRydW1wLWRvY3VtZW50cy1jYXNlP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) ADVERTISEMENT [Ad](~/AAAAAQA~/RgRoH0BuP0SlaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9MjAxODEyJmxpPVRZJm09YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDcmcD1UWV8yMDI0MDUwOSZzdHBlPWRlZmF1bHQmdGU9MSZubD1vcGluaW9uLXRvZGF5JmVtYz1lZGl0X3R5XzIwMjQwNTA5VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [Ad](~/AAAAAQA~/RgRoH0BuP0SlaHR0cHM6Ly9saXZlaW50ZW50Lm5ld3lvcmt0aW1lc2luZm8uY29tL2NsaWNrP3M9MjAxODEyJmxpPVRZJm09YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDcmcD1UWV8yMDI0MDUwOSZzdHBlPWRlZmF1bHQmdGU9MSZubD1vcGluaW9uLXRvZGF5JmVtYz1lZGl0X3R5XzIwMjQwNTA5VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [David Wallace-Wells The Campus Protests Signal the End of an Era for the Democrats The alliance of the elite establishment and progressives is showing signs of fraying. By David Wallace-Wells](~/AAAAAQA~/RgRoH0BuP0TvaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL2NhbXB1cy1wcm90ZXN0LWVsZWN0aW9uLWdhemEtZGVtb2NyYXRzLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [A floating kaffiyeh is encircled by barricades.](~/AAAAAQA~/RgRoH0BuP0TvaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL2NhbXB1cy1wcm90ZXN0LWVsZWN0aW9uLWdhemEtZGVtb2NyYXRzLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [JESSE Wegman The Tawdry Decade of Trump Could Desensitize Any Juror If everything is just a tabloid joke, can Trump be found guilty of a real crime? By Jesse Wegman](~/AAAAAQA~/RgRoH0BuP0TbaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL3RydW1wLXRyaWFsLWp1cm9ycy5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [A close-up on a man (Donald Trump) speaking into a microphone, as seen on a television screen.](~/AAAAAQA~/RgRoH0BuP0TbaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL3RydW1wLXRyaWFsLWp1cm9ycy5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [This Quiz Will Change the Way You Think About Dog Breeding We may not mean to, but we are hurting the dogs we claim to love. By Alexandra Horowitz](~/AAAAAQA~/RgRoH0BuP0TtaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vaW50ZXJhY3RpdmUvMjAyNC8wNS8wOS9vcGluaW9uL3B1cmVicmVkLWRvZ3MtaW5icmVlZGluZy5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [Article Image](~/AAAAAQA~/RgRoH0BuP0TtaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vaW50ZXJhY3RpdmUvMjAyNC8wNS8wOS9vcGluaW9uL3B1cmVicmVkLWRvZ3MtaW5icmVlZGluZy5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [The Opinions Trump on Trial: ‘The Odds of Conviction Have Gone Up’ Inside the courtroom, Jonathan Alter sees the evidence mounting.](~/AAAAAQA~/RgRoH0BuP0TUaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL3RydW1wLXRyaWFsLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [play button] 5 MIN LISTEN [Article Image](~/AAAAAQA~/RgRoH0BuP0TUaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOS9vcGluaW9uL3RydW1wLXRyaWFsLmh0bWw_Y2FtcGFpZ25faWQ9MzkmZW1jPWVkaXRfdHlfMjAyNDA1MDkmaW5zdGFuY2VfaWQ9MTIyODEzJm5sPW9waW5pb24tdG9kYXkmcmVnaV9pZD03NzY3NDk1MiZzZWdtZW50X2lkPTE2NjEwOCZ0ZT0xJnVzZXJfaWQ9YWE0OTFlZjdmMWQ5NjRlNDk3OWZiNzg0ZTc0ZTAxZDdXA255dEIKZjNuuzxmvZEDwFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAAD) [[Former President Donald J. Trump departed his airplane. He is wearing a red hat which reads “make America great again.”] Doug Mills/The New York Times](~/AAAAAQA~/RgRoH0BuP0TYaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL3RydW1wLWdhZy1vcmRlci5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) [letters A Judge’s Dilemma: How to Punish Trump for Gag Order Violations Readers discuss Justice Juan Merchan’s options. Also: If there’s a Trump conviction; TikTok and China; abortion exceptions; saving the bees.](~/AAAAAQA~/RgRoH0BuP0TYaHR0cHM6Ly93d3cubnl0aW1lcy5jb20vMjAyNC8wNS8wOC9vcGluaW9uL3RydW1wLWdhZy1vcmRlci5odG1sP2NhbXBhaWduX2lkPTM5JmVtYz1lZGl0X3R5XzIwMjQwNTA5Jmluc3RhbmNlX2lkPTEyMjgxMyZubD1vcGluaW9uLXRvZGF5JnJlZ2lfaWQ9Nzc2NzQ5NTImc2VnbWVudF9pZD0xNjYxMDgmdGU9MSZ1c2VyX2lkPWFhNDkxZWY3ZjFkOTY0ZTQ5NzlmYjc4NGU3NGUwMWQ3VwNueXRCCmYzbrs8Zr2RA8BSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAAAAw~~) We hope you’ve enjoyed this newsletter, which is made possible through subscriber support. 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