Monthly Archives: January 2021

Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes – The New York Times

Posted: January 13, 2021 at 4:42 pm

Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.

The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50 percent from just a month ago, when it passed its previous all-time high of around $20,000.

The problem is that Mr. Thomas years ago lost the paper where he wrote down the password for his IronKey, which gives users 10 guesses before it seizes up and encrypts its contents forever. He has since tried eight of his most commonly used password formulations to no avail.

I would just lay in bed and think about it, Mr. Thomas said. Then I would go to the computer with some new strategy, and it wouldnt work, and I would be desperate again.

Bitcoin, which has been on an extraordinary and volatile eight-month run, has made a lot of its holders very rich in a short time, even as the coronavirus pandemic has ravaged the world economy.

But the cryptocurrencys unusual nature has also meant that many people are locked out of their Bitcoin fortunes as a result of lost or forgotten keys. They have been forced to watch, helpless, as the price has risen and fallen sharply, unable to cash in on their digital wealth.

Of the existing 18.5 million Bitcoin, around 20 percent currently worth around $140 billion appear to be in lost or otherwise stranded wallets, according to the cryptocurrency data firm Chainalysis. Wallet Recovery Services, a business that helps find lost digital keys, said it had gotten 70 requests a day from people who wanted help recovering their riches, three times the number of a month ago.

Bitcoin owners who are locked out of their wallets speak of endless days and nights of frustration as they have tried to get access to their fortunes. Many have owned the coins since Bitcoins early days a decade ago, when no one had confidence that the tokens would be worth anything.

Through the years I would say I have spent hundreds of hours trying to get back into these wallets, said Brad Yasar, an entrepreneur in Los Angeles who has a few desktop computers that contain thousands of Bitcoin he created, or mined, during the early days of the technology. While those Bitcoin are now worth hundreds of millions of dollars, he lost his passwords many years ago and has put the hard drives containing them in vacuum-sealed bags, out of sight.

I dont want to be reminded every day that what I have now is a fraction of what I could have that I lost, he said.

The dilemma is a stark reminder of Bitcoins unusual technological underpinnings, which set it apart from normal money and give it some of its most vaunted and riskiest qualities. With traditional bank accounts and online wallets, banks like Wells Fargo and other financial companies like PayPal can provide people the passwords to their accounts or reset lost passwords.

But Bitcoin has no company to provide or store passwords. The virtual currencys creator, a shadowy figure known as Satoshi Nakamoto, has said Bitcoins central idea was to allow anyone in the world to open a digital bank account and hold the money in a way that no government could prevent or regulate.

This is made possible by the structure of Bitcoin, which is governed by a network of computers that agreed to follow software containing all the rules for the cryptocurrency. The software includes a complex algorithm that makes it possible to create an address, and associated private key, which is known only by the person who created the wallet.

The software also allows the Bitcoin network to confirm the accuracy of the password to allow transactions, without seeing or knowing the password itself. In short, the system makes it possible for anyone to create a Bitcoin wallet without having to register with a financial institution or go through any sort of identity check.

That has made Bitcoin popular with criminals, who can use the money without revealing their identity. It has also attracted people in countries like China and Venezuela, where authoritarian governments are known for raiding or shutting down traditional bank accounts.

But the structure of this system did not account for just how bad people can be at remembering and securing their passwords.

Even sophisticated investors have been completely incapable of doing any kind of management of private keys, said Diogo Monica, a co-founder of a start-up called Anchorage, which helps companies handle cryptocurrency security. Mr. Monica started the company in 2017 after helping a hedge fund regain access to one of its Bitcoin wallets.

Mr. Thomas, the programmer, said he was drawn to Bitcoin partly because it was outside the control of a country or company. In 2011, when he was living in Switzerland, he was given the 7,002 Bitcoin by an early Bitcoin fanatic as a reward for making an animated video, What is Bitcoin?, which introduced many people to the technology.

That year, he lost the digital keys to the wallet holding the Bitcoin. Since then, as Bitcoins value has soared and fallen and he could not get his hands on the money, Mr. Thomas has soured on the idea that people should be their own bank and hold their own money.

This whole idea of being your own bank let me put it this way: Do you make your own shoes? he said. The reason we have banks is that we dont want to deal with all those things that banks do.

Other Bitcoin believers have also realized the difficulties of being their own bank. Some have outsourced the work of holding Bitcoin to start-ups and exchanges that secure the private keys to peoples stashes of the virtual currency.

Yet some of these services have had just as much trouble securing their keys. Many of the largest Bitcoin exchanges over the years including the onetime well-known exchange Mt. Gox have lost private keys or had them stolen.

Gabriel Abed, 34, an entrepreneur from Barbados, lost around 800 Bitcoin now worth around $25 million when a colleague reformatted a laptop that contained the private keys to a Bitcoin wallet in 2011.

Mr. Abed said this did not dim his enthusiasm. Before Bitcoin, he said, he and his fellow islanders had not had access to affordable digital financial products like the credit cards and bank accounts that are easily available to Americans. In Barbados, even getting a PayPal account was almost impossible, he said. The open nature of Bitcoin, he said, gave him full access to the digital financial world for the first time.

The risk of being my own bank comes with the reward of being able to freely access my money and be a citizen of the world that is worth it, Mr. Abed said.

For Mr. Abed and Mr. Thomas, any losses from mishandling the private keys have partly been assuaged by the enormous gains they have made on the Bitcoin they managed to hold on to. The 800 Bitcoin Mr. Abed lost in 2011 were a small fraction of the tokens he has since bought and sold, allowing him to recently buy a 100-acre plot of oceanfront land in Barbados for over $25 million.

Mr. Thomas said he also managed to hold on to enough Bitcoin and remember the passwords to give him more riches than he knows what to do with. In 2012, he joined a cryptocurrency start-up, Ripple, that aimed to improve on Bitcoin. He was rewarded with Ripples own native currency, known as XRP, which rose in value.

(Ripple has recently run into legal troubles, in part because the founders had too much control over the creation and distribution of the XRP coins.)

As for his lost password and inaccessible Bitcoin, Mr. Thomas has put the IronKey in a secure facility he wont say where in case cryptographers come up with new ways of cracking complex passwords. Keeping it far away helps him try not to think about it, he said.

I got to a point where I said to myself, Let it be in the past, just for your own mental health, he said.

Continued here:
Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes - The New York Times

Posted in Cryptocurrency | Comments Off on Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes – The New York Times

This cryptocurrency has more than doubled in 2021: Know all about it – CNBCTV18

Posted: at 4:42 pm

After a strong 2020, the cryptocurrency market has started witnessing volatility in 2021 but the new year seems to have put the wind into the sails of at least one virtual currency.

Data from Coinmarketcap shows the price of Stellar (XLM) surged over 120 percent in the 12 days of 2021 to become the ninth-largest cryptocurrency by market capitalization.

On January 13, 3:45 pm, the token was trading at $0.29, up 123.07 percent, or $0.16, compared to the 2020 close of $0.13. Over one year, XLM is up 800 percent, with its latest spurt being accompanied by a rise in volumes -- dubbed by analysts as a good sign.

The immediate outlook for Stellar looks bullish, analysts said.

The price is above 50-day and 25-day exponential moving averages. Therefore, in my view, XLM will continue bouncing back as traders eye the all-time high of $0.40, Crispus Nyaga told InvestingCube. The cryptocurrency will have to fall drop below yesterdays low of $0.2123 to invalidate this trend, he added.

Analysts say this rally is driven by Ripple (XRPs) legal woes, such as its battle with the US Securities and Exchange Commission. (On December 22, SEC filed a lawsuit against Ripple Labs, XRPs largest stakeholder, for raising $1.3 billion over seven years by selling XRP to retail investors.)

Besides, XLM is also helped by Stellars announcement of its collaboration with Ukraine. The company is helping the Ukraine government in establishing a central bank digital currency (CBDC).

Link:
This cryptocurrency has more than doubled in 2021: Know all about it - CNBCTV18

Posted in Cryptocurrency | Comments Off on This cryptocurrency has more than doubled in 2021: Know all about it – CNBCTV18

Cryptocurrency Stellar Has Surged 180% Over A Week Here’s Why – Yahoo Finance

Posted: at 4:42 pm

Benzinga

I'm a nosy person, so I elbowed my millennial colleague, Jessa, in the next cube over, and asked her, "Pssst... How much do you save for retirement per year?"Instead of ignoring me, she furtively Slacked me all of her financial details (it was like a giant ice cream sundae for a finance nerd): * Jessa, at 28, still owes $15,000 in student loans, and her husband, who is 30, still owes $20,000. * They owe $12,000 on their car loans. * Jessa and her husband have a $200,000 mortgage. * She currently saves $0 toward her retirement plan. (Sorry, but that's not enough, friend.) * She and her husband need help from Facet Wealth -- a virtual full-service financial planning service with dedicated certified financial planners.According to a survey by Bank of America, a surprising 16% of millennials between the ages of 24 and 38 now have at least $100,000 saved for retirement.Whooo hooo! That's cause for celebration. But what about Jessa? What does she need to do to get out of debt and save enough for retirement?Why Millennials Struggle to Save for Retirement Why do millennials like Jessa struggle to save for retirement? 1. Housing costs: The No. 1 response (37%) for millennials is the cost of housing, according to the Retirement Pulse Survey. 2. Supporting family members financially: Millennials often support extended family members with their income. This doesn't even involve the amount you need to save to put kids through college -- remember, financial aid doesn't cover everything. 3. Not enough income: The State of Our Money shares that more than half of millennials (55%) don't have a retirement savings account, such as a 401(k) or IRA. About 46% said unemployment was to blame. 4. Student loan debt: As of September 2017, the average graduate from the class of 2016 owed more than $37,000 in student loan debt, according to Student Loan Hero. "Yep, yep and yep," she said, when I showed her these numbers. "We hit three of these four categories. I just can't afford to put money in my retirement account right now."What My Millennial Colleague Needs to Do -- and Here's What You Can Do, Too! Feel like the percentages stack against you? Here's what to do next.Tip 1: Analyze interest rates. As soon as I said the words "interest rate," Jessa flopped over in her desk chair and pretended to fall asleep.I knew Jessa and her husband refinanced their home this past fall, and I asked her about their interest rates. She was paying only 3% on their home and student loans. I suggested asking Facet Wealth if they should invest in retirement more aggressively than pay down debt on their loans. (It's what I would vote for!) On the flip side, if you have high interest rates on your own student loans, I'd suggest asking Facet Wealth about paying off debt if your loans carry a higher rate than your investments earn before taxes. Tip 2: Consolidate those student loans -- but there's a catch. Consider consolidating student loan payments only if you can lower your payment without stretching out your loan term. In Jessa's case, she could use the extra money to start compounding her retirement savings.Tip 3: Get cracking on that retirement plan. Jessa must save at least 10% of her income. It's the rule of thumb cited by most financial advisors and other money experts. If Jessa doesn't want to struggle to keep her head above water after retirement, she needs to invest 10% of her income each year. And none of this "invest just enough to get the employer match" crap. In most cases, that's not enough retirement savings for most people and it won't scratch the surface toward creating a hefty nest egg. Tip 4: To get really rich, invest at least 15%. If Jessa wants to get really rich as a passive investor, she'll invest at least 15% of her income. She won't get Warren Buffett rich, of course, but if she wants at least $1 million in liquid assets beyond her home value, she'll shoot for saving 15%.That goes for anyone who invests for retirement. Tip 5: Never, ever borrow from your retirement plan. You can lend yourself money from your retirement account, but it's not a good idea. Jessa's retirement plan is off limits, and so is yours. Assume that money is in lockdown. Period.Why? * You lose compounded growth on your earnings. * You repay the loan with after-tax money, which means the interest you pay will get taxed again when you withdraw it at retirement (unless you borrow from a Roth 401(k). * If you leave your job, you'll have to repay the loan, typically within 60 days of leaving. If you can't, you'll owe taxes on the balance and a 10% penalty as well if you're under 55.You don't want to mess with all that.Tip 5: Take time to review what options are best for you. Once you've got retirement savings under control, you may want to take a look at other potential opportunities. Maybe Jessa and her husband want to dive into real estate investing or get cracking on several side hustles. Whatever it is, she needs to make sure it's worth her time and energy and can contribute toward her long-term goals.Tip 6: Do your own research. Jessa is a proud graduate of a liberal arts college, which means she's a lifelong learner. Here's another thing she'll do to maximize her success: She'll read everything she can get her hands on. She'll research funds and options within her 401(k), read investing books, books about real estate, articles about destroying debt and more. She'll absorb blog posts, listen to podcasts and develop her own investing philosophy. She'll be her own advocate when it comes to her own needs, risk tolerance and more, and you can, too.How Much Retirement Money Should You Aim to Save? Jessa is 28, but millennials span a wide range of ages -- from 24 to 38. Check out the rules of thumb for savings at each age.Savings Goal for Your 20s Accumulate 25% of your overall gross pay during your twenties. You might need to lower this amount if you've amassed a giant amount of student loan debt. Savings Goal for Your 30s Have at least one year of salary saved by the time you turn 30. If Jessa makes $100,000, she should have $100,000 saved. Savings Goal for Ages 35 to 40 Those of you on the mid-thirties end of the millennial spectrum should have double your annual salary saved. You should have four times your yearly salary saved if you're 40. Steps to Get There If she's serious about getting out of debt and saving enough for retirement, Jessa must do these three things.Step 1: Get started. This article won't help -- if she (or you) do nothing about it. You must take action if you truly want to save enough and get out of debt. It takes time and discipline and not even very much money per month (depending on your age).Step 2: Invest aggressively, automatically. Two facts: * If you start at 24, you can have $1 million at age 69. All you need to do is save $35 per month -- and get a 10% return on your investments. Save more, and you'll become a millionaire more quickly. * If you start at 40, you can save $1 million by saving $561 per month, assuming a 10% return. I informed Jessa that since she has $0 saved for retirement at this point, she can start saving at least $158.15 per month for 40 years with a 10% return and still be able to become a millionaire.$158.15 -- that's the cost of a pair of new shoes each month, I informed her. Get Facet Wealth on Your Side Nobody ever says, "Be your own doctor." Why would you assume, then, that you should be your own financial advisor (unless you're a financial analyst or advisor)?You need Facet Wealth, which can help you achieve a more prosperous life by helping you work with a dedicated CFP Professional at an affordable price.Jessa informed me that she'd signed up for our company retirement plan and also made a plan for getting out of debt the very next day.I bought her a cupcake and set it on her desk. It was cause for celebration.See more from Benzinga * Click here for options trades from Benzinga * 8 Must-Know Tips for Getting a Background Check on Your Work-from-Home Employee * 2021 Crypto Preview: Here's What's Coming Next(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Visit link:
Cryptocurrency Stellar Has Surged 180% Over A Week Here's Why - Yahoo Finance

Posted in Cryptocurrency | Comments Off on Cryptocurrency Stellar Has Surged 180% Over A Week Here’s Why – Yahoo Finance

CEO who scammed investors with bogus cryptocurrency gets 10 years – New York Post

Posted: at 4:42 pm

A California man who duped investors out of $147 million in a global digital currency scam of epic proportions has been sentenced to 10 years in prison, federal prosecutors said.

Steve Chen cheated some 72,000 investors worldwide by passing off his company US Fine Investment Arts as an extractor of amber and other gemstones from non-existent mines in the US, Dominican Republic, Mexico and Argentina, according to the US Attorneys Office for the Central District of California.

Prosecutors said Chen sold investors points for shares between $1,000 and $30,000 each when the company would later go public but he never intended for that to happen.

Chen, of Bradbury, later started peddling a phony digital currency called Gem Coins in September 2014 in lieu of the fake stock, falsely promoting them as legitimate cryptocurrency backed up by the companys gemstone holdings, prosecutors said.

Chen promoted the Ponzi scheme, which lasted from July 2013 to September 2015, using a marketing program that compensated investors for recruiting others with new USFIA investors payments, prosecutors said.

Because the primary focus was on recruiting other investors, rather than selling USFIA products to retail customers, the vast majority of investors were destined to lose money while making [Chen] very wealthy, prosecutors wrote in a sentencing memo.

The company offered cash, travel, luxury cars and homes throughout Los Angeles to investors who recruited others to buy the bogus investments, prosecutors said.

The amber and other gemstones cited in investment packages, including some at the companys Arcadia headquarters, were from domestic and foreign suppliers at very inflated prices despite being worth much less.

Gem Coins had no circulation in any industry, were not accepted by any merchants, and no economic value, prosecutors said in a statement Monday.

Chen, who pleaded guilty to conspiracy to commit wire fraud and tax evasion last June, was also ordered to repay more than $1.8 million to the Internal Revenue Service. In 2014, Chen reported an income of $138,015 when he had actually earned more than $4.8 million, prosecutors said.

A judge in the case who noted Chens litany of lies that led to a scam of epic proportions scheduled a hearing in July to determine how much he must repay victims.

A second man who worked with Chen has also been charged in the scheme. Leonard Stacy Johnson, 54, of Huntington Beach, pleaded guilty to tax evasion and making a false statement on an immigration document in July 2019. Hes set to be sentenced in May, prosecutors said.

More:
CEO who scammed investors with bogus cryptocurrency gets 10 years - New York Post

Posted in Cryptocurrency | Comments Off on CEO who scammed investors with bogus cryptocurrency gets 10 years – New York Post

Here’s Why Ben Affleck Was Once Kicked Out Of A Casino – TheThings

Posted: at 4:41 pm

Ben Affleck has been a bad boy; he was once kicked out of a casino and can't ever go back to the tables.

Ben Affleck hasn't always made headlines for the most savory reasons. And he does have a number of regrets about his life and fame, including having starred in ex Jennifer Lopez's "Jenny from the Block" video.

But during and after his split from ex-wife Jennifer Garner, fans were actually pretty concerned about the actor's wellbeing, especially given his appearances out in public.

After some hard-partying behavior and a few other missteps, it seems like Ben finally got back on the straight and narrow. Of course, help from his current girlfriend Ana De Armas probably doesn't hurt.

RELATED:Heres How Matt Damon Helped His BFF Ben Affleck Overcome His Addiction

But years ago, Ben Affleck got himself banned from a casino, and he even spoke out publicly about the situation. In fact, he elaborated in-depth, noting that it wasn't even his fault that casino security kicked him out; he wasn't even breaking the law.

It's worth noting that Jennifer was with Ben at the time and that the couple was apparently gambling together (or Jen was at least hanging out while Ben gambled).

Hollywood Reporter reported that Ben was at the Hard Rock Cafe in Las Vegas back in 2014 when security told him he had to stop playing blackjack. Not only did he have to leave the tables for that game, but he was told to never come back, saysHollywood Reporter.

Though on a previous visit, he'd apparently cashed out on $800K at the blackjack tables, Hard Rock wasn't having Affleck's excuses this time. He was "good at the game" and casino security didn't like it, Vanity Fairquoted the actor as saying.

What itreally sounds like, elaboratesVanity Fair, is that Ben was counting cards, a practice that isn't necessarily legal butis frowned upon. Affleck even explained further, "I knew with blackjack that there's a way you can improve your odds," so he worked to become a better player.

Then, he noted, the casino penalized him for having gotten good at it. Though the tabloid headlines did get one part of the report wrong as Affleck left the casino floor: he wasn't banned for life. Just banned from the blackjack tables.

As the actor explained, Hard Rock security cautioned him against sitting down at the blackjack tables again, but they encouraged him to try his luck at craps or roulette instead. Ben didn't flat-out admit that he'd been counting cards, but he did say, "I mean, the fact that being good at the game is against the rules at the casinos should tell you something about casinos."

Well, following the rules is also something casinos appreciate, and it's clear that card counting isn't one of those permissible activities. And anyway, does Ben really need to take home some casino winnings on top of his staggering net worth?

NEXT:Why George Clooney Told Ben Affleck Not To Play Batman

Why Does Billie Eilish Still Sleep In Her Parents Bed?

See original here:

Here's Why Ben Affleck Was Once Kicked Out Of A Casino - TheThings

Posted in Blackjack | Comments Off on Here’s Why Ben Affleck Was Once Kicked Out Of A Casino – TheThings

Canada: Atlantic Lotto to expand its online casino into Prince Edward Island and Nova Scotia – Yogonet International

Posted: at 4:41 pm

A

fter quietly launching a site New Brunswickers could access in August 2020, the Atlantic Lottery Corporation has announced its plans to allow play by residents of Prince Edward Island and Nova Scotia.

New Brunswick residents are currently allowed to gamble up to $500 on a hand of blackjack, or up to $100 on a single pull of a virtual slot machine, through this site.

The launch of that site came as the culmination of efforts dating back a decade by Atlantic Lotto to get any of its shareholders the four provincial governments in Atlantic Canada to buy into the notion of an online casino.

After years of being turned down, Atlantic Lotto said the coronavirus pandemic proved to be the right time to launch its online effort, CBC reports.

"Offshore operators who are marketing to Atlantic Canadians really picked up steam over COVID," said Chris Keevill, CEO of Atlantic Lotto. "We don't think that they operate with the best interests and safety of Atlantic Canadians in mind."

According to ALC, about $100 million leaves the Atlantic region each year through gambling on offshore websites.

However, when asked how that figure was calculated, Keevill said it's "very difficult to track."

Read more here:

Canada: Atlantic Lotto to expand its online casino into Prince Edward Island and Nova Scotia - Yogonet International

Posted in Blackjack | Comments Off on Canada: Atlantic Lotto to expand its online casino into Prince Edward Island and Nova Scotia – Yogonet International

Bylaws of the Department of History – Nevada Today

Posted: at 4:39 pm

The Department of History of a publicly funded, land-grant university has several important missions. History is a cornerstone of higher education in America: as a department we seek to impart an understanding of the past as a vital force in shaping the present and the future. We serve the public by extensive research, teaching, and scholarly publications in fields that are important to audiences from the local to the international. We enrich our analysis through interdisciplinary, cross-cultural, and theoretically informed examinations of the past. We unite our roles as scholars and public servants by organizing and participating in public forums as well as professional conferences and organizations.

We are a community of scholars and teachers dedicated to our profession. Teaching is central to our mission. This includes undergraduate and graduate history instruction and participation in the University CoreCurriculum. We offer bachelors, masters, and doctoral degrees. We promote critical thinking, analytical, and writing skills, urgently needed by students facing an uncertain and rapidly changing future. Our individual research activities bring rigor and creativity to our teaching. Teaching and research are mutually reinforcing, and we are active in scholarly research and writing. Each member of our faculty participates in all parts of the mission, and each makes a unique contribution.

The Department of History shall periodically review its effectiveness, accomplishments, programs, and priorities. At least once every five years, it shall revise its current master plan in light of this review.

The rest is here:

Bylaws of the Department of History - Nevada Today

Posted in History | Comments Off on Bylaws of the Department of History – Nevada Today

The US Capitol attack fits into the history of White backlash – CNN

Posted: at 4:39 pm

On top of so much else, the election in November made clear the political might of Black voters, who saw the ballot box as a means of protesting against Trump and the racial animus that he and his acolytes embody.

White backlash to racial equality -- including an empowered Black electorate -- isn't unusual. In fact, what makes the dynamic disturbing is how common it's been throughout US history. And the issue isn't just the backlash itself. It's also the fear (real or alleged) of backlash -- fear that might hold back progress.

And while the attack on the Capitol was horrifying, it wasn't the first manifestation of White backlash. In important ways, this episode echoed the past.

The years immediately following the end of the Civil War in 1865 saw the ratification of the three Reconstruction amendments. The 13th Amendment ended slavery; the 14th Amendment made it such that all people could be US citizens, regardless of race; and the 15th Amendment prohibited racial discrimination in voting.

White backlash was also apparent during the struggle for Black freedom in the mid-20th century.

The rioters who violently took over the Capitol last week had a lot in common with their forebears, particularly in their expressions of White grievance and entitlement and in their zero-sum belief that sharing rights and resources isn't a gain for everyone but, instead, a loss that White Americans shouldn't have to endure.

Crucially, while Trump's loss in November -- and more precisely, the outgoing President's false claims that a free and fair election was fraudulent -- was the most immediate catalyst of last week's iteration of White backlash, Trump didn't create the underlying racial resentment.

"Once Trump is no longer President, I worry that people are going to attempt to move past this faster than they should, that they're going to say: Now back to some semblance of normalcy. But the unrest had been growing even before Trump," she added in a recent interview.

The deadly assault on the Capitol has fit into the history of White backlash in another way, too: in how it has influenced -- or really, circumscribed -- conversations on what an "acceptable" path forward looks like.

It's the sort of thinking that prizes reconciliation over justice.

"For some in power, the reason not to impeach isn't an argument based on politics or on justice but on the notion that if you want to stay out of trouble, then you shouldn't impeach. This sentiment is common," Glickman told CNN. "In other words, White backlash can obstruct progress, but it's not always the backlash itself but the threat of backlash that impedes progress in US history."

That said, Glickman detected something of a silver lining to the events of the past week.

While the seizure of the Capitol demonstrated anew that White backlash can lead to a brutal end, Georgia's runoff elections on January 5 illustrated that it's possible to thwart weaponized racial grievance.

In this wider context, Democrats' recent political triumphs feel all the more significant.

"I think that it's important not to predict that we're fated to be controlled by White backlash," Glickman said. "Because that doesn't give Americans enough credit for their own agency in determining our future."

Read the rest here:

The US Capitol attack fits into the history of White backlash - CNN

Posted in History | Comments Off on The US Capitol attack fits into the history of White backlash – CNN

‘I saw my life flash before my eyes’: An oral history of the Capitol attack | TheHill – The Hill

Posted: at 4:39 pm

A week after an unruly mob incited by President TrumpDonald TrumpGrowing number of GOP lawmakers say they support impeachment YouTube temporarily bars uploading of new content on Trump's channel House passes measure calling on Pence to remove Trump MORE laid siege to the U.S. Capitol, broken glass panes are under repair, the debris has been swept away and new security fences intended to thwart another insurrection have been erected.

Inside the Capitol, nerves are shot, tensions are high and questions are swirling over systemic failures that allowed thousands of rioters, some of whom were armed, to get into what was supposed to be one of the most well-guarded buildings in America.

Investigations are ongoing. A nationwide hunt for the rioters and looters who stormed the building has resulted in dozens of arrests. The top security officials on Capitol Hill have resigned in the wake of their performance, just days before a presidential inauguration will once again put the seat of democracy in the spotlight. And members, their staff and the Capitol community are only beginning to come to grips with the ordeals they endured.

This detailed account is based on interviews with more than a dozen members of Congress, congressional and White House staff, reporters who covered the assault and a governor who deployed law enforcement to retake the building. It is based on detailed reviews of video and audio recordings taken throughout the day, retrospective interviews and contemporaneous text messages shared between lawmakers.

How do we get in? You dont

Democrats were in a celebratory mood Wednesday morning. The days joint session of Congress would mark the ceremonial counting of Electoral College votes that would send Joe BidenJoe BidenGrowing number of GOP lawmakers say they support impeachment House passes measure calling on Pence to remove Trump Disney, Walmart say they will block donations to lawmakers who objected to Electoral College results MORE to the White House, and the night before, Democrats had recaptured control of the Senate in two Georgia runoff elections.

I was excited about the news about Georgia. I actually brought in a bottle of champagne, and Id been coordinating with [Rep.] Nikema Williams from my class whos the Georgia Democratic Party chair on when we were going to come over and drink some champagne to celebrate the big win, said Rep. Sara Jacobs (D-Calif.).

We had just come off of the Georgia Senate races, and I was up most of the night watching the returns there, said Rep. Carolyn Bourdeaux (D-Ga.). It was a good morning. But we were turning around and getting ready to defend Georgias Electoral College votes.

As they began arriving, Capitol Hill veterans found protesters had already begun to gather.

As I was pulling into the complex, I could see protesters already around the Capitol and the Capitol grounds, said Mike Henry, chief of staff to Sen. Tim KaineTimothy (Tim) Michael Kaine7 surprise moments from a tumultuous year in politics Robert E. Lee statue removed from US Capitol Sen. Alexander plays Christmas carols in Senate office building MORE (D-Va.). This community in general understands protests. Leading up to it, we all thought this one was going to be rougher than a normal protest.

In front of the White House, protesters began gathering before dawn, arriving on packed buses and swarming the Metro hours before Trump was to speak.

Rep. Adam SmithDavid (Adam) Adam SmithHouse chairman: Biden Pentagon pick 'shares my commitment to civilian control of the military' OVERNIGHT ENERGY: To environmentalists, low interest in ANWR sales a failure for Trump | Record broken for number of billion-dollar US weather and climate disasters in 2020 | Green groups sue over Forest Service rule weakening environmental review Record broken for number of billion-dollar US weather and climate disasters in 2020 MORE (D-Wash.), chairman of the House Armed Services Committee, had already been in touch with Army Secretary Ryan McCarthyRyan McCarthyBarrett among six top Air Force officials to step down Director of Army Staff disputes Capitol Police chief account of National Guard deployment Overnight Defense: National Guard boosts DC presence ahead of inauguration | Lawmakers demand probes into troops' role in Capitol riot | Financial disclosures released for Biden Pentagon nominee MORE about Washington Mayor Muriel BowserMuriel BowserThe Hill's 12:30 Report: Trump's first public event since Twitter ban Lawmakers briefed on 'horrifying,' 'chilling' security threats ahead of inauguration The Hill's Morning Report - House to impeach Trump on Wednesday MOREs (D) request to deploy National Guard troops to handle what could be an unruly crowd. But when he took his morning stroll around the Capitol complex, he recalled rising concern over the preparations he saw or didnt see.

I went for a walk around the Capitol, and I was observing the various people milling about and moving towards the rally, Smith said. The barriers were not necessarily sufficient. There werent that many Capitol Police out there, and I was worried about, if they come to the Capitol, whats going to happen?

I was walking up and down a hill at the Capitol, and as I came around and made a turn by one of the barricades, one of the Trump people was standing there and called my attention. He said, Hey, how do we get in here? And I said, You dont, Smith said.

Whose house? Our house

Sen. Jerry MoranGerald (Jerry) MoranElectoral College fight splits GOP as opposition grows to election challenge Hillicon Valley: Texas, other states bring antitrust lawsuit against Google | Krebs emphasizes security of the election as senators butt heads | Twitter cracks down on coronavirus vaccine misinformation Senate Republicans once again ignore the unemployed MOREs (R-Kan.) office welcomed interns for their second day of work. They had been asked to come in to handle what Morans staff expected to be a busy day of calls from constituents who wanted to know whether Moran would object to the certification of Electoral College votes.

Wed experienced significant calls Monday and Tuesday. We knew there was going to be so many folks calling in asking about the various different questions of what we were actually doing on Wednesday, said Tom Brandt, Morans spokesman.

By 11 a.m., the first speakers began addressing the pro-Trump rally in front of the Ellipse. They excoriated the planned proceedings on Capitol Hill, and many urged the presidents supporters to continue the fight. But the few protesters milling around Capitol Hill seemed calm.

I was even talking to my staff about maybe going out into the crowd and recording a video, sort of saying were not going to let this group of people distract us. I was feeling that level of confidence in the security parameters, said Rep. Jake Auchincloss (D-Mass.).

At 11:54 a.m., Donald Trump Jr. posted a video to Facebook showing his father watching the rally on television. The president began a stem-winding speech, railing against the election he had lost and the members of Congress who would ratify that loss. Even before Trump finished speaking, some in the crowd began marching down Pennsylvania Avenue and Constitution Avenue, toward the Capitol.

Whose house? Our house! chanted the protesters.

In the Russell Senate Office Building, Kaine laid his phone on his desk.

He said to me, Hey, I dont think Im gong to bring my phone. I really think I should pay attention to what everyones going to say, Henry said. In hindsight, I wish hed had his phone.

I lost track of him on the most important day when I cant lose track of him, and it was just because of this weird decision that he wanted to listen to everyones speech, Henry said.

Hold my backpack

By 12:49 p.m., law enforcement officers had found a suspicious package a pipe bomb behind the headquarters of the Republican National Committee. They found a similar device at the Democratic National Committee headquarters a few blocks away.

In the Senate chamber, Secret Service agents began whispering into their radios.

We saw some Secret Service moving around. Nothing abnormal. When the vice presidents in the building, thats very standard, Brandt said.

Four minutes later, the protests turned violent for the first time. A mob of Trump supporters sporting MAGA hats began shouting at and grappling with the few Capitol Police officers stationed at a barrier on the northwest side of the complex.

IMPORTANT: this is exact moment the siege of the Capitol building began as the two men in front ripped down a preliminary barrier & rushed officers who were behind a 2nd barrier

They then encouraged others to follow their lead. Officers appeared to be taken completely off guard pic.twitter.com/LE0a01PXBi

Hold my backpack, a young protester says. He flips his cap around as he screams at a Capitol Police officer before the crowd rushes the fence.

Arriving a few hours later, Niall Stanage, an editor at The Hill, was struck by the size of the crowd.Even from my vantage point, just on one side of the Capitol, there were several thousand, he wrote.

The number of rioters far exceeded the number of police

Shortly after 1 p.m., as senators filed into the House chamber for a joint session, Speaker Nancy PelosiNancy PelosiHouse passes measure calling on Pence to remove Trump Trump told Pence he could be a 'patriot' or 'p----' when overseeing election vote: report Pelosi names 9 impeachment managers MORE (D-Calif.) showed a flash of irritation.

Lets go, lets just start, she said, standing next to Vice President Pence. Pelosi hammered the gavel. In the gallery above, a few dozen members had gathered to watch the session, with growing unease.

We were actually watching on our phones, streaming in real time as we were watching the debate, the riot clash with the police. It struck me that the number of rioters far exceeded the number of police. I questioned in my mind whether or not the police would be able to hold the barricades, said Rep. Jason CrowJason Crow'I saw my life flash before my eyes': An oral history of the Capitol attack Overnight Defense: National Guard boosts DC presence ahead of inauguration | Lawmakers demand probes into troops' role in Capitol riot | Financial disclosures released for Biden Pentagon nominee Duckworth demands Pentagon investigate whether troops participated in Capitol riots MORE (D-Colo.).

Trump, wrapping up his rambling remarks, urged his supporters to march down the street.

After this, were going to walk down there, and Ill be there with you, were going to walk down ... to the Capitol and we are going to cheer on our brave senators and congressmen and women, said Trump, who then returned to the safety of the White House.

Greg Nash

At 1:15 p.m., an increasingly violent clash between rioters and police broke out closer to the Capitol itself. Both police and rioters sprayed each other with chemical irritants, according to videos published online.

We backed you guys this summer, When the whole country hated you, we had your back, a rioter in a red beanie yelled at officers.

Fuck the blue, another shouted.

At 1:26 p.m., the first alerts went out by text message: The Madison Building at the Library of Congress had been evacuated. Soon, the Cannon House Office Building was being evacuated. Some of those being guided out of the building decided to seek safety in the Capitol itself.

The first security alert I remember is that they had to evacuate Cannon. So some of my colleagues were saying were going over to the House gallery and sit there for a while and watch things since we have to evacuate, Bourdeaux said.

My family started texting me, Jacobs, the California Democrat, said. I kept telling my parents its OK, Im in the House gallery, the House floor, Im probably in the safest place I could be because this is where everyone knows they need to protect us.

The most important vote Ive ever cast

Almost at the same moment, Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellHouse passes measure calling on Pence to remove Trump Trump, House GOP relationship suddenly deteriorates Kinzinger says he'll vote to impeach Trump MORE (R-Ky.) stood at his desk on the floor. After months of failed legal challenges, Trumps path to a second term was definitively closed, and McConnell was about to give what hed described as the most important address of his career.

Were debating a step that has never been taken in American history, whether Congress should overrule the voters and overturn a presidential election. Ive served 36 years in the Senate. This will be the most important vote Ive ever cast, McConnell said. I will vote to respect the peoples decision and defend our system of government as we know it.

Sen. Chris Van HollenChristopher (Chris) Van HollenTrump administration finalizes rollback of migratory bird protections David Sirota: Democrats gave away leverage in forcing vote on ,000 checks Hawley to challenge Electoral College results in Senate MORE (D-Md.) missed McConnells speech and was prevented from returning to the Capitol by police.

I headed to my Senate office in part because I wanted to pick up a couple notes that I had left because I was scheduled to speak on the tail end of the Arizona section of the floor debate, Van Hollen said. I was headed back over to the Capitol when one of the guards stopped us and said, Senator, you cant go down there. Were going on lockdown.

Van Hollen went back to his office in the Hart building, steps away from a Capitol Police security desk. Rioters never attempted to breach the Senate office buildings.

Minutes later, the first rioters reached Statuary Hall. Outside, the calls to violence became more intense.

The people in this house, who stole this election from us, hanging from a gallow out here in this lawn for the whole world to see, so it never happens again, said a man who called himself Joe, in audio captured by an NPR reporter. Thats what needs to happen. Four by four by four, hanging from a rope out here, for treason!

Yeah, were going to need help

Mayor Bowser ordered a 6 p.m. curfew at 1:40 p.m. She had already begun asking for help from the National Guard.

Nine minutes later, Capitol Police Chief Steven Sund requested immediate assistance from the Guard.

In his office in the Rayburn House Office Building, Armed Services Committee Chairman Smith began making his own calls to the Pentagon.

I got on the phone and called [Army Secretary Ryan] McCarthy and [Joint Chiefs of Staff Chairman Gen. Mark] Milley and [Defense] Secretary [Christopher] Miller to say, 'Yeah, were going to need help,' Smith said.

More rioters poured into the Capitol complex, this time from the northeast. By 2:11 p.m., the first rioters entered the west side of the building, smashing windows and battering shuttered doors.

Theyre going in? Theyre going in! a rioter can be heard shouting in one video.

Theres so many people, lets go! This shits ours! the cameraman says.I cant believe this is reality. We accomplished this shit. We did this shit together, fuck yeah! This is fuckin history! Were all part of this fuckin history!

Trump Suppoters Break Though the Capitol Steps #DCProtests #dc #capitolbreach pic.twitter.com/7giTa7AznW

In his office in the Longworth House Office Building, Rep. Mike GallagherMichael (Mike) John GallagherGOP lawmaker on protesters storming Capitol: 'I have not seen anything like this since I deployed to Iraq' GOP lawmakers plead for calm, urge Trump to help restore order amid Capitol violence Coalition of 7 conservative House Republicans says they won't challenge election results MORE (R-Wis.), a former U.S. Marine who served in Iraq, had a surreal moment with his staff.

I never thought I'd be having a conversation with my staff about how to barricade the doors and what weapons to use and whether I could use the Marine Corps sword I have hanging on the walls of my office as a defensive weapon if the mob came, but that's where we were yesterday, and that's a sad day for American democracy, Gallagher said later on NBCs "Today."

Rep. Larry BucshonLarry Dean Bucshon'I saw my life flash before my eyes': An oral history of the Capitol attack Tensions flare between House Republicans, Capitol Police over metal detectors House Republicans who didn't sign onto the Texas lawsuit MORE (R-Ind.) raced around his own office.

The doorknobs were locked, but I personally went around and locked the deadbolts on the two doors. Im like, Oh crap,' he told the Indianapolis Star.

Were staying here forever

Greg Nash, The Hills staff photographer, had ducked out of the Senate to upload images for the press pool. As he snapped some new shots from the window, a gallery director warned him to be careful standing next to windows in case of blasts.

As the rioters poured into the building, some made clear they had journalists in their sights.

I stopped near a window outside of Sen. [Charles] Schumer's office and saw protesters rushing the Capitol, Nash wrote. One rioter saw me as I was taking pictures and threw a water bottle towards the window which thankfully missed.

At 2:13 p.m., Sen. Chuck GrassleyChuck GrassleyConfirmation hearing for Biden Treasury pick Yellen slated for next Tuesday Pro-Trump mob overruns Capitol, forcing evacuation LIVE COVERAGE: Capitol overrun by pro-Trump mobs MORE (R-Iowa), presiding over the Senate debate on a challenge to Arizonas Electoral College votes, interrupted Sen. James LankfordJames Paul LankfordTop Republican congressional aide resigns, rips GOP lawmakers who objected to Biden win Efforts to secure elections likely to gain ground in Democrat-controlled Congress Texas Democrats Joaquin and Julin Castro call for Cruz to step down MORE (R-Okla.).

The Senate will stand in recess until the call of the chair, Grassley said. Lankford paused, until a staffer advised him: The protesters are in the building.

Just a minute later, rioters chased a Capitol Police officer up the stairs to a door near the Senate chamber. Video shows the officer looking left, to the open door, and then retreating to the right, drawing rioters away from senators who were only beginning to scramble to safety.

Heres the scary moment when protesters initially got into the building from the first floor and made their way outside Senate chamber. pic.twitter.com/CfVIBsgywK

Three other officers arrived to back up the first. You need to leave now, one said to the rioters.

Were staying here forever, a protester responds. This is our America.

In the House, Pelosis security detail rushed her to safety.

Thats when we realized things were much closer to where we were than we thought, Jacobs said, watching from the gallery.

As the Senate began to evacuate, there was little evidence of a proper plan. Sen. Todd YoungTodd Christopher Young'I saw my life flash before my eyes': An oral history of the Capitol attack US Chamber of Commerce to stop supporting some lawmakers following the Capitol riots GOP senator confronted by Trump supporters over electoral challenge: 'The law matters' MORE (R-Ind.) positioned himself near Sens. Susan CollinsSusan Margaret CollinsMcConnell won't reprise role as chief Trump defender Trumpism must not become the new McCarthyism Republicans wrestle over removing Trump MORE (R-Maine) and Lisa MurkowskiLisa Ann MurkowskiMcConnell won't reprise role as chief Trump defender GOP Sen. Tim Scott opposes impeaching Trump Republicans eye primaries in impeachment vote MORE (R-Alaska) to act as a guard, Collins said later.

What about us?

There was really no order as we got evacuated from the Senate in terms of how senators should group together, said Jordain Carney, who covers the Senate for The Hill.

We were initially told to run but about halfway through a tunnel told we could slow down. [Sen. Dick] Durbins detail pulled him off in a different direction. McConnell had a detail on both sides and they were moving him very quickly. Schumers guy appeared to have him by the back neck area of his jacket.

Greg Nash

Outside the Senate, as Nash hurried past, some of the rioters demanded to know who he worked for. Nash got to a door to the Senate gallery just as doorkeepers were pulling them shut.

They told us to follow them and we ended up in the Senate basement just as senators were evacuating the building. On the walk over I could see staffers were carrying some of the Electoral College certifications, Nash wrote.

Capitol Police began evacuating representatives out of the House chamber. But as they did, they seemed to forget the two dozen or so who were still seated in the gallery.

What about us? shouted Rep. Diana DeGetteDiana Louise DeGette'I saw my life flash before my eyes': An oral history of the Capitol attack Pelosi names 9 impeachment managers Bipartisan lawmakers call for expedited diabetes research MORE (D-Colo.).

As the House locked down, one frustrated Democrat screamed at Republicans across the chamber: This is your fault!

If there was a plan, that plan had deteriorated, and things were going to get bad quickly. Which they did, Crow, the Colorado Democrat, recalled later. I made the decision to call my wife, tell her that I loved her, to pass that along to the kids, and I was preparing to either make a stand or fight our way out, and I would let her know as soon as I could.

Crow told his colleagues to remove their member pins so they would be less identifiable as targets.

We saw the leadership removed from the chamber. We heard banging on the doors. We were ordered to get our gas masks on. And we proceeded to the exits only to find that there was actually no plan whatsoever. You know, the Capitol Police were improvising, said Rep. Tom MalinowskiThomas (Tom) Malinowski'I saw my life flash before my eyes': An oral history of the Capitol attack Mo Brooks defends comments at pro-Trump rally after 'vicious and scurrilous' attacks House Democrats unveil resolution to censure Rep. Mo Brooks over Capitol riots MORE (D-N.J.).

The Capitol Police were overwhelmed

Some rioters swarming the building were looking for one target in particular: Pence. Some shouted that they wanted to hang him.

After weeks of the president demonizing the VP for not pledging to overturn the election on his behalf, a power he did not have. https://t.co/LPnmwxdwES

Mike PenceMichael (Mike) Richard PenceHouse passes measure calling on Pence to remove Trump Trump told Pence he could be a 'patriot' or 'p----' when overseeing election vote: report READ: Pence letter to Pelosi rejecting calls to invoke 25th Amendment MORE didnt have the courage to do what should have been done to protect our Country and our Constitution, giving States a chance to certify a corrected set of facts, not the fraudulent or inaccurate ones which they were asked to previously certify. USA demands the truth! Trump tweeted, at 2:24 p.m.

As rioters walked freely through Statuary Hall, some took up residence in a Capitol office. Someone sparked a joint.

We went in there and then I walked in and theres just a whole bunch of people lighting up in some Oregon room. I dont know if its theres tons of Oregon paintings, but they were smoking a bunch of weed in there, one rioter told a recording camera. Then we moved it down, so many statues. Cops are very cool.

Read more here:

'I saw my life flash before my eyes': An oral history of the Capitol attack | TheHill - The Hill

Posted in History | Comments Off on ‘I saw my life flash before my eyes’: An oral history of the Capitol attack | TheHill – The Hill

The History Behind ‘Mob’ Mentality – The New York Times

Posted: at 4:39 pm

At the same time, as a rule, impulsive violence is less likely to occur in crowds that have some social structure and internal organization. The protests of the civil rights movement were tactical and organized, as far back as the 1950s. So were many sit-ins in the 1960s and 70s, against nuclear power and the Vietnam War. Windows were broken, there were clashes with police, but spontaneous mayhem was not the rule.

During this era, you now have Kent State, urban riots, civil rights marches, said Calvin Morrill, a professor of law and sociology at the University of California, Berkeley. And the idea of the group mind does not give social scientists any room to explain the different levels of organization behind all those protests and what they meant. Ever since then, protests, whether nonviolent or not, have included tactics, strategy and training precisely to make sure the crowd does not lose its focus.

The Rev. Dr. Martin Luther King Jr. personally trained many groups of Freedom Riders, detailing how best to respond to police provocation and what to say (and what not) if arrested. Those lessons carried forward. Many protesters at the Seabrook Nuclear Power Plant site in New Hampshire, in 1977, and at the Diablo Canyon Power Plant in California, in the late 1970s and early 80s, had learned to go limp to avoid blows from police officers, and to wear boots rather than sneakers. (Sneakers slip off when youre being dragged.)

Such training is not reserved to groups pledged to nonviolence, of course, and it includes specific roles for individuals with special skills, and a kind of middle-management layer. Protest groups bent on provocation, whether left-leaning or right, often include so-called violence experts young men willing to take some swings to get things started.

Absolutely they are trained, trained to go right up to the line and mix it up, then fall back, Dr. Morrill said. Theres a long, long tradition of these tactics.

Depending on the protest, and the mission, organized protests may also include marshals, or guides, helping shuttle people around, and so-called affinity groups squads that take some leadership responsibility as the protest evolves. In its Tampa, Fla., demonstration last summer, Black Lives Matter reportedly had almost 100 marshals in fluorescent vests patrolling the crowd, as well as medics, all communicating with walkie-talkies and trained in de-escalation tactics.

Youre talking groups of four to 10 people, protest participants, often friends who come in from another city or town to look after people who are injured or freaking out, said Alex Vitale, a professor of sociology at Brooklyn College, of affinity groups. And these groups will coordinate with each other, and if the crowd is assaulted or scattered, theyre capable of deciding, What should we do next?

See original here:

The History Behind 'Mob' Mentality - The New York Times

Posted in History | Comments Off on The History Behind ‘Mob’ Mentality – The New York Times