Monthly Archives: May 2021

Native Hawaiian Families Connect with their Ancestors as Bishop Museum Confronts a Controversial Part of its – HONOLULU Magazine

Posted: May 11, 2021 at 10:50 pm

We look behind the troubling origin of the century-old photos in the exhibit (Re)Generations: Challenging Scientific Racism at Bishop Museum.

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Mathais and Lucy Hamauku Akona with their four youngest children (counterclockwise from top): Elfreida, 5 (held by her father); Lawrence (Awa), 12; Dorothy, 6; and Louise, 14; in 1921 in Kloa, Kauai. Photographed by Louis R. Sullivan, Bishop Museum Archives.

Mathais and Lucy Hamauku Akona with their four youngest children (counterclockwise from top): Elfreida, 5 (held by her father); Lawrence (Awa), 12; Dorothy, 6; and Louise, 14; in 1921 in Kloa, Kauai. Photographed by Louis R. Sullivan, Bishop Museum Archives.

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Lucy Hamauku Akona, the great-great grandmother of Sharnelle and Marleah Renti Cruz. Photographed by Louis R. Sullivan, Bishop Museum Archives.

Lucy Hamauku Akona, the great-great grandmother of Sharnelle and Marleah Renti Cruz. Photographed by Louis R. Sullivan, Bishop Museum Archives.

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Annemarie Paikais great-great-great grandfather, David Hoolapa. Photographed by Louis R. Sullivan, Bishop Museum Archives.

Annemarie Paikais great-great-great grandfather, David Hoolapa. Photographed by Louis R. Sullivan, Bishop Museum Archives.

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David Hoolapa's son, Lameka Hoolapa. Photographed by Louis R. Sullivan, Bishop Museum Archives.

David Hoolapa's son, Lameka Hoolapa. Photographed by Louis R. Sullivan, Bishop Museum Archives.

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Lamekas second wife, Martha Kuwale Kaneao (Kele), wearing what appears to be a brooch with a likeness of Princess Kaiulani. Photographed by Louis R. Sullivan, Bishop Museum Archives.

Lamekas second wife, Martha Kuwale Kaneao (Kele), wearing what appears to be a brooch with a likeness of Princess Kaiulani. Photographed by Louis R. Sullivan, Bishop Museum Archives.

When Annemarie Aweau Paikai looks into the eyes of her kpuna in their photographs, she feels a deep connection. But its complicated by the troubling reason that these treasured century-old portraits even exist.

Just to see their faces so huge, to be able to look at them, its really powerful, Paikai says, as she stares at the 3-foot-tall prints of her ancestors hanging on the wall at Bishop Museums J.M. Long Gallery. Photos are just so meaningful.

Thats her great-great-grandfather, Lameka Hoolapa, with a clear, compelling gaze and a wiry mustache; and his father, David Hoolapa, his white beard grazing the collar of his buttoned shirtboth farmersphotographed on a single day in Kona. They peer out from the black-and-white images taken by anthropologist Louis Sullivan for Bishop Museum and the American Museum of Natural History. Now both are part of a striking new exhibit titled (Re)Generations: Challenging Scientific Racism in Hawaii at Bishop Museum that explores a 100-year-old collection of photos and plaster busts.

Sullivan traveled the Islands between 1920 and 1925, enlisting the help of community and school leaders to introduce him to primarily Native Hawaiian families so he could take their photographs. Bishop Museum tasked him with probing the origins of the Hawaiian race as part of the Bayard Dominick Expedition, even while knowing Sullivan was a proponent of eugenics, which advocates selective breeding of humans to improve the genetic composition. Eugenics gained its most infamous backers in Nazi Germanys systemic persecution and killing of 6 million Jews during the Holocaust.

SEE ALSO:Will These 4 Hawaiian Traditions Disappear Forever? Meet the Teachers Who Are Fighting to Keep Them Alive

Annemarie Aweau Paikai, descendant and academic librarian. Photo: Aaron K. Yoshino

Paikai, 33, works as an academic librarian at Leeward Community College. She knows a lot about historic suppression of indigenous people here and across the globe. But this time she feels the impact personally as she looks at the photos of her ancestors on the gallery wall. As far as she knows, theyre the only two photographs that exist of the pair. Its incredibly sobering to know that my familys photos were involved in a study in any way associated with the gross misconceptions of eugenics.

The exhibit focuses on the larger-than-life portraits of five ohana from Oahu and the Big Island. Here, the serious historical imagesSullivan discouraged smilingare joined by modern family photos, full of joy, with descriptions of their lives and the promise of chapters yet to be written by generations to follow. Still, the exhibit presents an unflinching account of its roots in scientific racism.

Jillian Swift joined the museum as curator of archaeology in March 2019 when the discussion was already underway to base an exhibit on the 952 images in the Sullivan collection. The museum had shared the photos publicly for decadeseven touring the Neighbor Islands in the 1980s to spread the word to people tracing their family historieswithout discussing their origins.

SEE ALSO:The History of Hawaii From Our Files: One Warriors Journey to Save the Hawaiian Language

But it didnt take too much digging to recognize that there is this really problematic context around the photographs and the research that led to the photographs being created and this now-discredited, very racist idea, Swift says. [Sullivan] was interested in hybridization, so he was not necessarily a proponent of racial purity per se, but eugenics from the angle of how do we mix and match to create the super person.

Sullivan noted the racial/ethnic backgrounds of those he met, their ages, locations, measurements and other physical characteristics, and their names, sometimes misspelled. The museum researched and added a timeline to this dehumanizing effort to classify people by such characteristics.

The museum also recognized that the Sullivan collection had evolved into a resource for people looking into Hawaiis pasta trove of photographs of hundreds of people caught on a day in their lives, created at a time when photos were pretty rare. The exhibit was able to come together now, Swift says, because of the help of the descendants who have been able to visit it and have been able to add their own stories and memories and histories and experiences with the collection that we now can share those things.

Sharnelle and Marleah Renti Cruz first saw their great-grandparents photos reprinted on a banner at a family reunion but at the time they were focused on connecting with their extended ohana and didnt think about how the photos came to be.

From left, Sharnelle and Marleah Renti Cruz get their first look at the exhibit. Photo: Aaron K. Yoshino

The twin sisters, 29, trace their family roots to Kloa, Kauai. They grew up in Kekaha but eventually moved to Oahu for school and both earned degrees in library science from UH Mnoa last year. They found the photos had come from Bishop Museum, so they used a university assignment as an opportunity to learn more. When they saw the black-and-white portraits of great-grandparents Mathais and Lucy Hamauku Akona, something bothered them. You know, these photographs sort of look like mug shots, Sharnelle recalls saying to her sister.

Finding out about the eugenics study raised more questions. Did they know what was happening? Marleah wonders. What language did they ask them in, because our great-great-grandparents spoke Hawaiian. What happened to all the information that they got from this study? Did they receive compensation?

Swift says that the exhibits timing felt more poignant, prepared during the pandemic as the nation reeled over the murder of George Floyd and the widespread protests of systemic violence against Black Americans that followed. All of the research that weve done, all the stories that weve collected, everything that we have from this is now going to be entered into the archives connected to these photographs, Swift says.

SEE ALSO:The History of Hawaii From Our Files: A Young Familys Attitudes About Growing Up Half-Japanese After World War II

The twin sisters welcome the chance to contribute. They know that Mathais Akona worked for the county as well as for McBryde Plantation, that Lucy Akona was with the Red Cross. We really want to convey that there is more about our kpuna that are not conveyed in these photographs, how they were well-connected in their community, Sharnelle says. We found out that they were a part of different Hawaiian benevolent societies; our great-grandmother was a part of the Queen Kaahumanu society, our great-grandfather was a member of the RoyalOrder of Kamehameha. The family connection inspired the twins to look into joining the Kaahumanu society as well. Sharnelle now works as an archive specialist for the Hula Preservation Society. Both hope the exhibit encourages people to learn more about their ancestors. And, says Marleah, it also empowers us to call out these kinds of situations.

In the Sullivan photos, the sisters see an uncanny family resemblance across the generations. We looked at our great-great-grandfather and then we look at our uncle and its really striking, the resemblance that they have, Marleah says.

Swift co-curated the exhibit with museum archive collections manager Leah Caldeira and Keolu Fox, a genome scientist and assistant professor at the University of California, San Diego. Fox, who is Native Hawaiian, marveled that the exhibit delves into topics that hed never imagined would be explored during his many childhood visits to the museum. Were repatriating peoples identities, he says. And Swift says Fox illuminated how a modern trendthe use of DNA kits that use our genetic makeup to categorize uscould lead to future exploitation. We talk about genetic research and DNA analysis as sort of the new frontier of how we study human variation today, its advantages and disadvantages, Swift says. In the exhibit, the point is made with humor: Part of the display includes a fictional DNA company with dubious motives called Bio Colonialism Trust, complete with inviting graphics, a mottoTrust Us to Tell You Who You Areand a fake collection kit labeled as a satirical exhibit prop.

Bishop Museum archaeologist Jillian Swift, who co-curated the exhibit. Photo: Aaron K. Yoshino

This is actually just the start of a conversation and of being more open of thinking harder about how we serve our Native Hawaiian communities. Jillian Swift

Swift says the curators highlighted families who knew about the photos and wanted to participate. There are three busts in the exhibit, all identified but whose descendants could not be reached. They are plaster casts of students from Kamehameha Schools, which at the time shared a campus with the museum. Swift hopes even more families will come forward: This is actually just the start of a conversation and of being more open of thinking harder about how we serve our Native Hawaiian communities, how we repair those relationships.

Paikai credits the museum with being honest. Museums have caused a lot of harm for a lot of communities that arent white, often leaving indigenous people out of the narrative or representing them in problematic ways, she says.

SEE ALSO:4 We Tried: We Search for the Best Ways to Learn Hawaiian Online for Free

Paikai talked with me in a courtyard just steps away from where the museum team worked to complete the display. At the museum gates, her and her great-great-grandfathers faces appear on the banner that welcomes visitors to the campus. Although she says seeing her oversized image feels surreal, Paikai views the powerful exhibit as an opportunity to reclaim some of what was lost by Hawaiians forced to suppress hula, cultural practices and even the Hawaiian language.

While shes closely connected to her Native Hawaiian ancestry, Paikai was born and raised in California after better economic opportunities there prompted her father to leave the Islands long ago. She moved to Hilo at 18 to major in Hawaiian studies and plans to remain here in the Islands to raise her own family. She and her husband provided a family portrait to include in the exhibit and shes excited to think that one day generations yet to come may return to the museum to find out more about them.

I dont know how to explain it other than its just this sense within yourself that this is where I belong, Paikai says. This has been a quest for me to find my family, to find out more about who we are.

Visit the exhibit through Oct. 24 in a new timed admission procedure that began March 1.

Bishop Museum, 1525 Bernice St., (808) 847-3511, 9 a.m.5 p.m. daily, bishopmuseum.org

The team at Bishop Museum puts the finishing touches on the new exhibit shortly before it opened Feb. 20. Photo: Aaron K. Yoshino

Bishop Museum offers online help for those looking for information in the Sullivan collection of photos as well as many other resources. bishopmuseum.org/library-and-archives

If you already know what you want, have specific collections questions, need access or want to order reproductions, email archives@bishopmuseum.org

The Sullivan collection can also be accessed online as part of the extensive collections and records available through the state Office of Hawaiian Affairs Papakilo Database. papakilodatabase.com

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Native Hawaiian Families Connect with their Ancestors as Bishop Museum Confronts a Controversial Part of its - HONOLULU Magazine

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MADDEN’S HERLANDIA to be Presented by B3 Theater – Broadway World

Posted: at 10:50 pm

Imagine a society of only women. This is the premise of playwright Paco Jos Madden's Herlandia, a loose adaptation of Charlotte Perkins Gilman's 1915 novel about the adventures of a group of male explorers who stumble upon an isolated society composed entirely of women. The play produced by B3 Theater, which concentrates on new and underperformed works, opens Friday, May 21st.

"One of the key differences between Herland and Herlandia is that I make one of the explorers a woman disguised as a man," says Madden. "Vanessa, the character in question, becomes a stand-in for Gilman, who in life felt constrained by society's expectations for women." Gilman was a noted author, lecturer, and advocate for women's rights in the early twentieth century. She also wrote The Yellow Wallpaper, a classic of feminist literature.

When the explorers arrive at this "woman's world," they encounter a place based on principles of cooperation and caring for one another. Gilman strongly believed in living for others and wrote that life should be "collective, common, or it isn't life at all," which makes the play particularly relevant today, especially regarding the response to the COVID-19 pandemic, which requires collective action.

"It's great to work on a play that combines the historical with the contemporary," says director Ilana Lydia. "The play examines what the world should be, rather than what it is."

Gilman led a tumultuous life. She was placed under the care of physician Silas Wier Mitchel after suffering from what we today call postpartum depression. Mitchel's "rest cure" for women involved weeks of isolation, bed rest, and electrotherapy. "This comes though in the play when Vanessa has a mental breakdown and struggles with what it means to be a woman," says Madden.

The author or Herland also held strong ethnic and racial prejudices, a belief in Anglo-Saxon supremacy, and embraced eugenics as the solution to the "Negro problem." "Though I admire what Gilman did for women and society, I also recognize her bigoted convictions," continues Madden. "The Herlandian society I imagined is filled with people of different races, sexualities, and abilities and has no hierarchical order."

The crisis in the play is brought about by one of the male explorers who Vanessa characterizes as "a brute." Terry has traditional notions on the role of men and women and is offended that women would dare challenge male authority. He decides to launch a rebellion.

"In our present age, we are uniquely positioned to evaluate the legitimacy of long established convictions concerning race and gender as our world becomes increasingly divided and increasingly diverse. Whose voices are heard and whose stories are told are fraught questions," says Juliet Rachel Wilkins who plays the gender switching Vanessa. "Herlandia, and particularly our modern retelling, seeks answers to how we can move forward together as a society, even when we seem more fractured than ever."

Herlandia has been adapted to a Zoom environment and will include a "guide" and live chat. "The play is part theater, part exhibit, and part guided tour," says Cherylandria Banks who plays The Guide.

The cast includes Jesse Abrahams as Vandyck, Cherylandria Banks as The Guide, Will Blankenmeier as Terry, Valerie German as Alima, Erin Natseway as Ellador, Angelica Saario as Cellis, Lorraine Taylor as Great Mother, and Juliet Rachel Wilkins as Vanessa/Jeff. The stage manager is Kayla Caviedes.

Costumes are by Eliana Burns, hair and makeup by Sabrina Rose Bivens, lights and props by Ric Alpers, set/virtual background by JPaoul C Clemente, and sound by Chris Piraino.

Performances of Herlandia are May 21st through May 30 (Fridays and Saturdays @ 8:00 p.m. and Sundays @ 4 p.m.) via Zoom. For more information and tickets, go to https://www.onthestage.com/show/b3-theater/herlandia-by-paco-jose-madden-41803

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Ford Patents Tech to Annoy Drivers With In-Car Advertisements – Futurism

Posted: at 10:50 pm

Let's hope this feature never materializes.Scanning Billboards

US automaker Ford has patented a piece of technology that could prove to be a major headache for its customers if,that is, it ever makes it into the companys cars.

A new patent filed by the car company suggests Ford cars could soon scan the cars surroundings for billboard advertising and interpret that information to deliver contextual information to the cars display, as spotted by automotive publication Motor1.

Such information could include the advertisers phone numbers, products, or directions to a particular store an invasive vision of the future of driving.

Its a dystopian vision of our advertising-laden present and near future. Such a feature could also represent a major distraction for future drivers, as Motor1 points out.

But as of right now, its nothing more than a patent. In other words, theres no guarantee the feature will ever materialize.

Ford submits patents on new inventions as a normal course of business, but they arent necessarily an indication of new business or product plans, the company told Motor1 in a statement.

Lets hope this particular concept isnt any indication of where Ford is headed.

READ MORE: Ford Patents Terrible Billboard Scanning Tech, Shows In-Car Ads [Motor1]

More on Ford: Ford CEO Mocks Tesla For Rolling Out Half-Finished Autonomous Driving

As a Futurism reader, we invite you join the Singularity Global Community, our parent companys forum to discuss futuristic science & technology with like-minded people from all over the world. Its free to join, sign up now!

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Does America Really Want to Be a Nation of Immigrants? – The Eastsider LA

Posted: at 10:50 pm

The 11th Annual Zcalo Book Prize Lecture

Moderated by Toms Jimnez, Professor of Sociology at Stanford University and author of The Other Side of Assimilation: How Immigrants are Changing American Life

The year 1924 was a watershed in American immigration. A victory for the eugenics movement, the Johnson-Reed Act established race-based quotas that succeeded in limiting the entry of Jews and Catholics from Southern and Eastern Europe, as well as strengthening restrictions already in place barring the entry of Asians and Africans. It would take an extraordinary political window following the assassination of President John F. Kennedy to overhaul the quota system through the Immigration and Naturalization Act of 1965. By giving preference to family reunification and skilled workers, the legislation changed the demographics of the country, making it less European and less white. At the same time, it imposed the first numerical cap on Western Hemisphere immigration, making the U.S. less accessible for people coming from Mexico and other Latin American countries.

What lessons can we draw from these two historic shifts in American immigration? Has the United States ever been the nation of immigrants that it purports to be? And in our polarized times, can we fashion a new national identity that embraces immigrants and their families?

New York Times national editor Jia Lynn Yang, winner of the 11th annual Zcalo Public Square Book Prize for her debut book, One Mighty and Irresistible Tide: The Epic Struggle Over American Immigration, 1924-1965, visits Zcalo to discuss how immigration laws have changed the American population, our communities, and the countrys sense of itself.

Angelica Esquivel, winner of the 10th Annual Zcalo Poetry Prize, will deliver a reading of her poem, La Mujer, prior to lecture. Read more about Esquivel and her winning poem here.

The 2021 Zcalo Book and Poetry Prizes are generously sponsored by Tim Disney.

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Abortion the No. 1 killer of Blacks in America – The Herald Journal

Posted: at 10:50 pm

To the editor:

What kills the most Blacks in America? Besides what we hear in the news from the Black Lives Matter protest movement, examine what some other Blacks are saying before big tech silences them for having differing views.

Robert Woodson Sr., Black civil right activist and founder of the Woodson Center, stated the number one killer of Black people is not the police its abortion. Others agree with him, stating its not gang-violence, gun violence, heart attack, stroke, HIV, high blood pressure, or diabetes. Its abortion and Black women are targeted 3-5 times more than white women. Why?

One-third of all abortions occur in the Black community. According to CDC, 13.4% of the entire U.S. population is Black, yet 36.9% of all abortions are Black. The protectingblacklifeorg census states that 79% of surgical abortion clinics are located within walking distance of African American or Hispanic/Latino neighborhoods. Why?

The Planned Parenthood Federation of America is one of 149 national affiliates of the gigantic International Planned Parenthood Federation (IPPF) which works in 19 nations on every continent. It joins the United Nations Population Fund and the Population Council founded and supported by eugenicists.

Planned Parenthood is the largest U.S. abortion provider. Their 2019 annual report stated 345,672 abortions were done. Consider other facts 96.1% of pregnant PP clients get abortions, 1.2% (4,279) get adoption referrals, and 2.7% get prenatal care. In 2019, then PP President Leana Wen, explained that abortion was PP core mission.

Story continues below video

It is no longer hidden that Margaret Sanger, the founder of the birth control movement in America, that later became Planned Parenthood, adhered to the deeply inhuman and exploitative theory of eugenics and its deep ties to racism. Critics today say the organization continues to perpetuate her legacy by supporting the programs she inaugurated. PP has terminated by abortion at least 62 million males and females, 22 million of which were Black. An entire generation of Americans of all ethnicities gone. in an 2019 radio interview by Dr. George Grant with Dr. Alveda King, niece of Dr. Martin Luther King jJ. and Priests for Life, Dr King stated, Thats a baby in the womb who should have human rights, and I believe if my uncle were here today, he would have to agree that abortion is a crime against humanity.

Question: In the fight for social justice why is there silence about the violence of abortion done to all babies and their mothers?

Lastly, CDC reports 143 infants have been left to die after being born alive from botched abortions. The Born Alive Survivors Protection Act, which simply requires life saving medical care be given to infants who survive abortions, failed to pass in the Feb. 2021 Democratic run Senate. Unconscionable.

Valerie Byrnes

Providence

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Second Opinion(s) on Health Cost ‘Coverage’ – National Association of Plan Advisors

Posted: at 10:50 pm

As if retirement savers didnt have enough to worry about, last week a report reminded us how much money theyre going to need in retirement just for health care.

In fact, Fidelity Investments 20th annual Retiree Health Care Cost Estimateclaims that a 65-year-old, opposite-gender couple[i]retiring this year can expect to spend a whopping $300,000 in health care and medical expenses throughout retirementan 88% increase since 2002.

This years estimate is a new high, and even if its up just 1.7% from 2020 ($295,000), its 30% higher than 10 years ago when the amount was $230,000.

What Are the Odds?

Now, if youre finding all that a bit depressing, you might turn instead to the work that the Employee Benefit Research Institute (EBRI) did a year ago, when the group examined those needs. However, they found that the overall projected savings needed to have a 90% chance of having enough money to pay for premiums, Part B deductiblesandout-of-pocket drug expenses for retirement at age 65 in 2020 for a couple with drug expenses at the 90th percentile was then estimated at $325,000that said, it was down from $363,000 in 2019 and $399,000 in 2018.[ii]

Not feeling any better?

The Spread

Well, consider that for a typical 65-year-old woman, a Mercer-Vanguard modelpredicts an annual health care expense of (just) $5,200 in 2018. And then there is that interesting report from 2019 (aptly titled A New Way to Calculate Retirement Health Care Costs) by T. Rowe Prices Sudipto Banerjee who suggested then (and presumably would again today) that it may be more practical to look at health care as an annual expense incurred over the 20-30 years youll actually incur those expenses, rather than as a lump sum.

More recently, Banerjee points outanother aspect of these large lump sum totals that is easy to overlookand thats the impact of health care shocksthose really high health care cost increases (say in excess of $25,000) that many worry about, but that dont usually affect younger retirees.[iii]

Confused?

Well, even if you arent, you can surely understand why your average retirement saver might be. Worse, my guess is that the only takeaway most would get from all this is the first headline[iv]that theyre going to need more for health care expenses in retirementalonethan many have accumulated for the totality of their retirement expenses.

Ultimately, these types of projections serve to remind us that health care costs need to be contemplated as a part of retirement expensesand that, at the extremes, those costs can quickly wipe out funds set aside for living expenses. Little wonder that concerns about the costs of health care in retirement dominate the concerns of those not yet across that threshold.

But as youre sharing these headlines with saversdoubtless hoping theyll take it as a wake-up call, an incentive and an encouragement to plan, and perhaps to save morewe should keep in mind that those attention-grabbing lump sum numbers are, at best, an estimate that attempts to put a framework around a very specific aspect of retirement spendingone that for the vast majority wont come due all at once, but over decades, one that may well not emerge until much later in retirement, one that may never ever arise in that projected magnitude.

Bear in mind as well that, however eye-opening or jaw-dropping the headline, presented out of context it might have the opposite effectdiscouraging and even disincentivizing the very behaviors we hope to inspire.

[i]For single retirees, the 2021 estimate is $157,000 for women and $143,000 for men.

[ii]Fidelitys estimates above assume both members of the couple are enrolled in traditional Medicare (which between Medicare Part A and Part B covers expenses such as hospital stays, doctor visits and services, physical therapy, lab tests and more), and in Medicare Part D, which covers prescription drugs. Neither includes the potential impact of long-term care costs, though EBRI routinely does in it modelling of retirement savings needs.

[iii]Indeed, not only does he write that they are more prevalent among those who reach their 80s and 90s, but thateven thenits (only) a very small percentage of people (3.6% of those ages 80-89, and 8.4% for those ages 90-99however, overall, even for those between ages 90 and 99, less than one-third experienced an increase of more than $2,000, he notes).

[iv]To their credit, having gotten your attention with that headline, the press releaseaccompanying it does offer a perspective on how that financial need could be satisfied taking advantage of a health savings account. Ahh, the magic of compounding!

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Hypertherm signs pledges to foster inclusivity in its workforce – Concord Monitor

Posted: at 10:50 pm

Valley News Business Writer

Published: 5/10/2021 6:30:26 PM

Manufacturer Hypertherm, marking out diversity in the workplace and implicit biases among managers as top priorities at the company, has signed a pair of pledges committing to be more inclusive in both hiring and advancement of current employees.

The move puts Hypertherm among the vanguard of U.S. employers that are taking proactive stands in reaching out to underrepresented segments of the population as long-simmering issues of racial and gender equality are confronting political and business bosses in statehouses and board rooms.

Diversity and inclusion are often difficult and sensitive issues to discuss, Hypertherm CEO Evan Smith said in a news release last week. Hypertherm strongly believes we have a responsibility to cultivate an environment that is welcoming to all people no matter their ethnicity, gender identity, sexual orientation, age, religion, or countless other aspects of individual identity.

The first pledge, called Pledge for Action and organized by the National Association of Manufacturers, seeks to increase employees at Hypertherm from underrepresented communities and is part of NAMs goal to create 300,000 manufacturing jobs for people of color by 2030.

The NAM pledge includes developing tools for hiring managers to detect their own unconscious bias or affinity bias when recruiting and interviewing job candidates for open positions in addition to implementing methods for tracking diversity at each stage of the hiring and promotion process.

Bias can take the form of a hiring manager favoring certain schools or not giving weight to atypical job experience on a job candidates resume, Smith noted in an interview.

Smith acknowledged the challenge of seeking a diverse labor force for factory jobs at the companys Lebanon plant given the lack of diversity in the regional population.

But he said Hypertherm, which makes industrial cutting systems, will broaden its recruitment strategy for professional positions in engineering and business by strengthening links with national historically Black colleges and universities and other recruitment networks that reach the Black, Indigenous or people of color community.

Hypertherm says that 14% of its 1,550 U.S. employees the company employs 250 people outside the U.S. from whom data is not collected identify as BIPOC, although many of them are based at company facilities in Seattle and Minneapolis.

(In the Upper Valley, Hypertherm employs about 1,100 people; Smith said turnover runs about 7% or 77 positions annually).

The second pledge, called CEO Action for Diversity & Inclusion an initiative launched by executives from such corporate giants as Accenture, Deloitte, New York Life and Procter & Gamble commits members to cultivate a workplace where diverse perspectives and experiences are welcomed and respected and where employees feel encouraged to discuss diversity and inclusion.

Smith said the pledges are not simply meant to align Hypertherm with the latest buzzwords served up by human resource consultants; they aim to solidify the companys core philosophy of inclusion and respect.

Honestly, if we were doing this just for credit we wouldnt be doing it, Smith said. The pledges are a testament to our workforce. ... Its driven by whats right, whats fair and what works well for us.

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Building Stronger Bridges Between Discovery, Innovation, and Prosperity – Physics

Posted: at 10:50 pm

Strengthening STEM pathways

Todays STEM students and researchers are the leaders and innovators of tomorrow. One of my key priorities is realizing the full potential of the American workforce. There is tremendous talent throughout our nation, but only a fraction of it becomes part of the broader STEM community.

US competitiveness depends on reaching that talent, because we need an agile and adaptable workforce that can upskill, reskill and succeed through creative and innovative mindsets. The need is perhaps more urgent now than ever as the pandemic has deeply impacted pathways to STEM education and careers.

As we work to spur recovery and provide relief, we are looking at how we can scale up the reach of the broader STEM community so that anyonefrom any background and from any part of the countrywho has the aspiration and talent to go into a STEM career is given the opportunity and provided the support to do so.

This will require strengthening pathways into STEM fields and expanding our reach into communities where talent exists. We are going to have to develop new approaches and tailor educational experiences for communities to be more effective at bringing talent into the STEM enterprise.

NSF is also working to develop a diverse workforce capable of driving the industries of the future. For example, we are currently on the cusp of a new quantum revolution and we need a well-trained workforce to accelerate it.

NSF has funded quantum research and education since the 1980s by providing support for thousands of graduate students, post-docs, and early career researchers. Now, the agency is finding new ways to train students in the flexible thinking needed to learn about quantum and to adopt education concepts that could have broad benefits across the country.

Through the National Q-12 Education Partnership, NSF has invested $1 million in linking top industry and academic leaders to build a better-trained, more diverse group of quantum learners, ready one day to enter the quantum workforce.

This effort includes investing in projects such as a University of Illinois Urbana-Champaign and University of Chicago collaboration to create curricula and implement tools that will increase quantum awareness and literacy at the K-12 leveland ultimately for all age groups.

Another project, run by the American Association of Physics Teachers, will host summer workshops for teachers and build a community of educators working to deploy QIS-focused content at schools.

Seeding bold, large-scale foundational and transformative research with meaningful societal and economic impact

By seeding strategic investments, NSF steers the frontiers of discovery and innovation toward breakthroughs that address pressing societal challenges and that places the US at the vanguard of global leadership.

The global pandemic has dramatically underscored the importance and uniqueness of NSFs long-term support for foundational research coupled with use-inspired innovations across the entire spectrum of STEM fields.

NSF rapidly responded to the pandemic by deploying decades of discovery and innovations in support of researchers across all fields of science and engineering working to understand and combat the virus. The results ranged from new designs for vital personal protective equipment and testing devices more easily deployable in the field to new models that advanced our fundamental understanding of the viruss structure and how it functions, to name a few.

Additionally, NSFs early support for projects like CRISPR and the science that led to the creation of the technique polymerase chain reaction have enabled major advancements in our ability to understand the COVID-19 virus and the development of vaccines to slow its spread.

Years of NSF support for dark matter research even resulted in surprising outcomes that facilitated pandemic response efforts. When particle physicists working in Italy on NSF-supported dark matter research were forced to halt their work because of the global pandemic, they quickly shifted focus to look for solutions. Familiar with using and building sensitive detection equipment involving handling and pumping gases, it was a natural transition to adjust focus from the argon used in their dark matter detector to oxygen and lungs instead. Their quick work resulted in an FDA approved ventilator constructed from low cost and easily accessible materials.

These innovations began as exploratory-based research projects aimed at better understanding the world around us. They exemplify the potential benefits of science, technology and engineering solutions that are driven by the unbelievable power of curiosity-driven research.

In other words, NSF supports both fundamental explorations and use-inspired innovations that make possible technological progress and produces solutions to challenges facing society. This is because the scientific pursuit of knowledge and understanding cannot be separated from the development of new technological capabilities.

And, in turn, these new capabilities allow us to pursue new research questions that were once out of our reach, forming a virtuous cycle.

The DNA of NSF

It is this double helix of curiosity-driven, discovery-based explorations in synergy with use-inspired, solutions-focused innovations that makes up the DNA of NSF.

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Building Stronger Bridges Between Discovery, Innovation, and Prosperity - Physics

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David Swensen: The Peter Lynch of Institutional Investing – Morningstar.com

Posted: at 10:50 pm

Almost Famous

Last Wednesday, David Swensen succumbed to cancer. He died as he had lived during the past 35 years, as the CIO for Yales endowment fund.

Although Swensen wasnt a household name, he was a superstar within his field. Just saying Swensen made pension-fund managers nod approvingly. Say David and they would also know to whom you referred, smirking at your attempt to convince them of your mutual familiarity. He was that famous.

The numbers were responsible. While personalities(Jim Cramer!)drive media ratings, the reverse occurs within the investment industry. There, the results create the personalities. By consistently beating its peers, year after year, decade after decade, Yales fund became the endowment benchmark--and Swensen its charismatic talisman. Other investment professionals wanted to be like David.

The chart below portrays the 30-year performance for Yale Endowment, through its most recent fiscal year of June 30, 2020. Accompanying its annualized returns are those for: 1) Warren Buffetts Berkshire Hathaway (BRK.B), 2) Vanguard 500 Index(VFINX), 3) the largest balanced mutual fund of 1990, Vanguard Global Wellington(VGWLX), and 4) the average large educational endowment fund, courtesy of data from the National Association of College and University Business Officers, or NACUBO.

Berkshire Hathaway has struggled over the past several years, leading many to question whether Buffett has lost his touch, but its 30-year credentials are unquestioned. Theres no shame in slightly trailing Berkshire during that time. Yale Endowment clocked all the other contestants. Admittedly, Swensens pension-fund rivals didnt cover themselves in glory by lagging a traditional balanced fund, but Yales victory margin was nevertheless substantial.

Presenting annualized results over such a long period obscures the investments cumulative differences. The next chart better illustrates Swensens achievement.

Had Yale Endowment matched the performance of its typical competitor, claims its report, it would have forgone $34 billion in gains.[1] One can understand why Swensen, not the football coach, was perennially the universitys highest-paid employee. (Well, that and the fact that, unless Harvard is in town, the team draws about 10,000 fans per game, with Yale students attending for free.) The ability to add alpha when managing a large sum of money is highly valuable.

Swensen built his career with alternative investments. When he took over the fund in 1985, it was conventionally positioned. Aside from a small real estate position, Yale Endowment looked much like a mutual fund, holding two thirds of its assets in stocks, largely U.S. equities, and most of the rest in bonds and cash. Swensen had other ideas. In time, he transformed the fund almost completely. Today, its equity stake is only 14%.

What was lost in equities--or, to a lesser extent, fixed-income securities--has been gained in alternatives. The current composition of the portfolios Other slice appears below. The funds biggest exposures are to three types of private fund: 1) absolute return (Yale's term for what others call hedge funds),2) venture capital, and 3) leveraged buyout. Rounding out the portfolio are two tangible assets: 1) natural resources and 2) real estate.

This shift in allocation was based partially on investment math. Why should endowments, which are exempt from the Investment Act of 1940 that governs public funds, limit themselves to commonplace securities? Diversifications highest rewards come to those who invest most broadly. Spreading Yale Endowments wealth across the investment spectrum permits the fund to pursue higher returns while affording it the protection that comes from owning assets that move irregularly. When one part of the portfolio sinks, another might rise.

However, the change also stems from Swensens desire to invest actively. For him, adopting alternative investments not only modernized the funds allocation, but permitted him more opportunity to select winners. States Yales report, Alternative assets, by their very nature, tend to be less efficiently priced than traditional marketable securities, providing an opportunity to exploit market efficiencies through active management. But such chances are only infrequently seized. Only the elite managers can accomplish the feat consistently.

And who better than the well-placed Swensen, with his team of researchers, to identify and hire those elite? Nobody, as it turned out. Over the years, many pension-fund managers would mimic Yale Endowments asset allocation; most learned, to their regret, that Swensens greatest skill was manager selection. By Yales calculations, only 40% of its funds alpha owes to asset allocation. The remaining 60% comes from having superior managers. The alternative funds in Yales portfolio have comfortably outgained their peer-group averages.

Swensen was his industrys Peter Lynch. Like Swensen, former Fidelity Magellan (FMAGX) manager Lynch thrived by combining uncommon insight with privileged access. (Back in the day, Fidelity wielded as much power when summoning CEOs to its Boston office as Swensen did when inviting hedge fund managers to New Haven.) Each refuted the strongest form of investment skepticism, that even the best portfolio managers cannot outrun the pack. Lynch and Swensen were the best of their times and places, and they certainly did.

But theirs were solo achievements. Few who read Lynchs Beating the Street found their own collection of ten baggers.Lynch was not only more skilled than almost all his imitators, but also better equipped. He possessed both the staff and the near-insider information. Similarly, pension-fund managers who wished to become the next David Swensen rarely succeeded. Indeed, many lowered their portfolios returns, at least for the near term, by swapping equities for alternative investments before stocks began their long bull run. (Yale benefited from its allocation for the first 25 years of Swensen's tenure, but not during the most recent decade.)

Within his field, Swensen was regarded as a popularizer. Many contemporaries followed his lead. In doing so, they misunderstood Swensens true gift. His brilliance lay not in showing others the way, but rather in accomplishing what they could not.

[1] This note initially puzzled me, given that Yale Endowment held $31 billion in assets when that statement was written. How could Swensen have generated more wealth than the fund contains? But of course, Yale continually spends the portfolio, which accounts for about one third of the universitys revenues. Yale's point: Had the university instead retained those assets, the fund would be double its current size.

John Rekenthaler (john.rekenthaler@morningstar.com)has been researching the fund industry since 1988. He is now a columnist for Morningstar.com and a member of Morningstar's investment research department. John is quick to point out that while Morningstar typically agrees with the views of the Rekenthaler Report, his views are his own.

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David Swensen: The Peter Lynch of Institutional Investing - Morningstar.com

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From Preakness to Pulisic, NFL schedules to NBA playoffs: Here are 10 sports TV trends to monitor – The Athletic

Posted: at 10:50 pm

Americans love many things, and near the top of any such list of our delights and obsessions are sports and watching television.

The marriage of sports and TV in the mid-20th century was inevitable and brought the drama, thrills, tears, anger, comedy, boastfulness, tribal loyalties and nonsense of competition and talent into our living rooms. It also made a lot of people obscene amounts of money.

As a nation, weve been a hot mess when it comes to sports TV since the pandemic began. Were watching some events and leagues in far fewer numbers while sticking with others. The reasons abound and probably will be debated in the comment section.

The downward sports viewership trend appears to be leveling off, but who knows how itll play out as we exit this historic and tragic era.

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From Preakness to Pulisic, NFL schedules to NBA playoffs: Here are 10 sports TV trends to monitor - The Athletic

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