Showing posts sorted by relevance for query Clutch. Sort by date Show all posts
Showing posts sorted by relevance for query Clutch. Sort by date Show all posts

Thursday, December 17, 2020

Clutch

Clutch (pronounced kluhch)

(1) To seize with or as with the hands or claws; snatch.

(2) To grip or hold tightly or firmly.

(3) In slang, to spellbind; grip a person's emotions, attention, or interest; to become tense with fright or panic (both archaic and rare outside US).

(4) To operate the clutch in a vehicle.

(5) The hand, claw, etc when grasping.

(6) Power of disposal or control; mastery (usually in the plural).

(7) The act of clutching; a snatch or grasp; a tight grip or hold.

(8) A device for gripping something.

(9) In automotive and other machinery, a mechanism for readily engaging or disengaging a shaft with or from another shaft or rotating part (a specialized form of coupling); a control, usually a pedal, for operating this mechanism.

(10) In sports, an extremely important or crucial moment of a game (rare outside US).

(11) Any critical position or situation; emergency (rare outside US).

(12) A small purse that can be carried in the hand and usually has no handle or strap (also called clutch bag).

(13) In poultry production, a hatch of eggs; the number of eggs produced or incubated at one time; a brood of chickens.

(14) One of several collective nouns for books or dancers.

1175–1225: A variant of (the now Northern English dialectal) cletch, from the Middle English clucchen, clicchen, cluchen, clechen & cleken, a variant of clicchen, from the Old English clyccan (bring together, bend (the fingers), clench), akin to the Scots cleck (to hatch) from the Old Norse klekja (to hatch) and related to the Old Frisian kletsie (spear) & the Swedish klyka (clasp, fork).  It was cognate with the Irish glac (hand).  The origins of the English verb were Germanic, the source the Proto-Germanic klukjaną, from the Proto-Germanic klu- (to ball up, conglomerate, amass), from the primitive Indo-European glew- (to ball up; lump, mass).  It was cognate with the Swedish klyka (clamp, fork, branch). The noun is from Middle English cleche, cloche, & cloke (claw, talon, hand), related to the Scots cleuk, cluke & cluik (claw, talon), of uncertain origin, with the form probably assimilated to the verb.

The meaning "to grasp" is early fourteenth century; that of "to seize with the claws or clutches" from later that century.  The sense of "hold tightly and close" is from circa 1600, influenced by the Middle English cloke (a claw) whereas "a brood, the number of eggs incubated at any one time" (in reference to chickens) dates from 1721 and is a (southern England) dialectal variant of cletch (1690s), noun from the verb cleck which is from the 1400s Middle English clekken (to hatch, give birth to), most likely from a Scandinavian source such as the Old Norse klekja (to hatch), perhaps of imitative origin in the same way as cluck.  The original meaning (a grip, grasp, tight hold) dates from circa 1200, the form clutches (in the sense of “the hands" suggesting grasping rapacity or cruelty) not emerging until the 1520s.  A product of the industrial revolution, the mechanical clutch (movable mechanical coupling or locking and unlocking contrivance for transmitting motion) is from 1814 with the "seizing" sense extended to "a coupling device for bringing working parts together".  Originally applied to the static machines in mills, it was first used to describe the transmissions (as the coupling between crankshaft and gearbox) in 1899.  The now rare meaning "moment when heroics are required" is attested from the 1920s but never gained currency outside the US

The clutch purse

One’s eye is always drawn to a nice clutch purse.  Salma Hayek (b 1966) with Alexander McQueen (1969-2010) skull clutch, Evening Standard Theatre Awards, London, November 2015.

The modern definition of a “clutch” is a handbag without handles but with a detachable (sometimes a chain) strap and (usually) rectangular in shape.  Most often an evening bag, they can be used during the day, the most defining characteristics being they’re slim and primarily hand-held.  Bags and purses predate pockets and the clutch bag seems to have been a very early solution to the problem of carrying small, high-value possessions.  Evidence survives in the historic record in paintings and tapestries but few examples remain extant because almost all were made from perishable materials, a seven-hundred year old relic on display at London’s Courtauld Gallery the oldest known to exist.

For her much anticipated appearances at the Cannes film Festival, Salma Hayek has over the years made the clutch purse her signature accessory, guaranteeing attention from the photographers.

Lindsay Lohan with Carmen Steffens evening clutch, annual amfAR fundraiser at the Cannes Film Festival, Hotel Eden Roc in Cap D’Antibes, May 2017.

In many parts of the world, clutch bags never went away but in the west, the increasing emancipation in the nineteenth century meant bags became larger and the clutch all but disappeared.   It was the resurgence of classical style dresses in the 1920s which led to its revival because it was an ideal accessory for the diaphanous flapper dresses of the era, a style which didn’t detract from the line of the body.  They’ve not since faded from popularity and are now an essential fashion accessory, performing also the socially invaluable function of giving the hands something to do. Because clutch purses so often tend to the rectangular in all aspects, they’re often styled using the motifs associated with the art deco era of the early-mid twentieth century and most designers seem to favor the elaborate, decorative styles of the earlier (pre 1929 Wall Street crash) art deco.  Given the small size of a clutch purse, this can be a challenge to implement but so can the more simplified plays of flattened and stylized geometric shapes or abstract patterns.

Cadillac, Ferrari and the clutch pedal

Although not all early Ferraris were so equipped and by 1976 the 400 GT was even offered with an automatic transmission (General Motors’ famously robust Turbo-Hydramatic 400), the open-gate shift was for decades a motif associated with the marque.  However, advances in hydraulics and electronics meant that by the early twenty-first century, the inefficiencies and technical disadvantages attached to automatic transmissions had been overcome to the point where no Ferrari with a manual transmission, however expertly driven, could match their performance.  Using automatic transmissions meant a clutch pedal was no longer necessary but it didn’t mean clutches were deleted; instead they were automated.  Scuderia Ferrari first used the technology in the Tipo 640 Formula One car in 1989 and any doubts about its speed or reliability were quickly allayed, the machine winning at its maiden appearance in the Brazilian Grand Prix.  Development continued and in 1997, the automated system, dubbed F1, was offered as an option in the F355, the first road car so equipped, the electro-hydraulic system operated by paddles behind the steering wheel linked to the F355's otherwise conventional 6-speed manual transmission.

It certainly started a trend and paddles quickly become almost a de rigueur piece of technology for high-performance cars, the occasional old style, three-pedal model released only to cater for the dwindling number of drivers who enjoyed the experience of the way things used to be done.  In Ferrari dealerships, the numbers dwindled fast and the last Ferrari with a manual transmission was sold in 2012, the replacement a dual-clutch transmission (also called twin-clutch or double-clutch) which used two separate clutches for odd and even gear-sets although the separate transmissions had their respective clutches contained in one housing, working as a single unit.  The model which enjoyed the distinction of providing a swansong for the old open gate was the California.  Upon release in 2008 it was estimated between 5-10% of buyers would opt for a clutch pedal but, between then and late 2011, a mere three were ordered (some sources say two or five but the factory insists it was three).

2012 Ferrari California (top) and 2012 Cadillac CTS-V sedan.

So the last decade at Maranello has been automatic (technically “automated manual transmission”) all the way and although a consequence of the quest for ultimate performance, it wasn’t anything dictatorial and had customer demand existed at a sustainable level, the factory would have continued to supply manual transmissions.  Amusingly, Cadillac had in 2004 begun offering a model with a manual transmission for the first time since the 1953 Series 75 (among the Cadillac crowd the Cimarron (1982-1988) is never spoken of except in the phrase "the unpleasantness of 1982" ) and by 2013, while one could buy a Cadillac with a clutch pedal, one could not buy such a Ferrari.  For most of the second half of the twentieth century, few would have thought that anything but improbable or unthinkable.

Whether that’s going to change isn’t certain but in 2025 Ferrari disclosed the idea was being considered.  Not only have there been requests from “customers in good standing with the factory” but also it will have been noted a niche industry has emerged where specialists convert the paddle-shifted into cars with the traditional gated transmission, complete with a clutch pedal.  In some cases this is done exclusively with the use of genuine Ferrari parts while others use a mix of those and some machined as replicas; either way the build costs tens of thousands of dollars so it’s easy to see why the feeling in  Maranello may be there’s a lucrative gap in the market.  It’s not that Ferrari’s view about the technical superiority of the automated transmission has changed, just that the laws of physics and the realities of human physiology interact to impose a limit on the performance it’s possible for modern cars to attain.  While years of technological advances and investments in engineering probably could make cars quicker and faster, Ferraris in their present form already offer performance beyond what most drivers safely can exploit (certainly on public roads).  Indeed, Ferrari note the AWD (all-wheel-drive) SF90 XX already is within two-tenths of a second of the 2.3 seconds the current Formula One race car takes for the 0-100 km/h (0—60 mph) run and there’s little point in pushing further in this direction because the Formula One drivers of today have a very different physiology from those of earlier generations because of the specific muscle development required to withstand the stresses and G-forces.  A typical human simply wouldn’t cope.

In the Ferrari boardroom, when pondering the return of the gated transmission, the 1969 Ford Mustang Mach 1 428 probably won't much be discussed but the principle is the same: The three-speed automatic (left) is quicker while the four-speed manual (right) is more fun.

So while the focus on ultimate performance might be restricted to a handful of special models, the famous gated shifter might make a comeback, not because it’s better but because it’s more fun.  In the post-war years the British manufacturers sold to Americans shiploads of their underpowered, antiquated roadsters, not because they were fast but because they were so entertaining to drive and the collector market does support the allure: all else being equal, between a Ferrari with a gated shift and an otherwise identical one with paddles, it’s the one with the clutch pedal which will command a premium.  That preference extends to other segments such as the Porsche 911 & Jaguar E-Type and while with that pair the manual gearbox offers both higher speeds and more fun, even though many US muscle cars were in the 1960s & 1970s ordered with automatic gearboxes because that was the quickest way along a drag-strip’s ¼ mile, it’s now the ones with a four-speed manual which are most sought.  The attraction for Ferrari is of course that fun can be just another packaged commodity on the option list and if it does re-appear, the gated transmission is expected to be expensive because while its old technology, it needs to be profitable and the factory are well acquainted with the margins options offer.  On the 2019 812 Superfast for example, in addition to the MSRP (Manufacturer's Suggested Retail Price) of US$561,272, buyers could tick the box for, inter alia, the AFS (Adaptive Front Lights) & SBL (Static Bending Lights) combo (US$3,375), yellow brake calipers (US$1,519), a pair of cloisonné prancing horse fender shields (US$15,000), carbon-fibre dashboard inserts (US$7,593) and a golf bag matching the interior trim (US$10,000).  All those were cheaper than matte paint (US$40,000) but Bentley charge US$160,000 for a Breitling clock so it’s not unreasonable to expect a Ferrari gated shift to list well into six figures and to "test the waters", at least initially, availability will be restricted to a single model although, as the "customer is always right", if demand clearly exists, supply will follow.

Friday, December 13, 2024

Bourse

Bourse (pronounced boors)

(1) A stock exchange, the term used variously (depending on context): (1) as a synecdoche for “stock exchange”, (2) collectively of the stock exchanges of continental Europe and (3) specifically the Paris stock exchange (the Bourse de Paris, known usually in English as the “Paris Bourse”).

(2) Figuratively, any place, real, virtual or imaginary where (1) something of value is traded or (2) the value of something tradable is set or settled.

(3) In philately, a meeting of stamp collectors and or dealers where stamps and covers are sold or exchanged.

(4) In botany, the swollen basal part of an inflorescence axis at the onset of fruit development; it bears leaves whose axillary buds differentiate and may grow out as shoots.

1590s: From the mid sixteenth century French burse (meeting place of merchants), from the French bourse (meeting place of merchants (literally “purse”)), from the twelfth century Old French borse (money bag, purse), from the Medieval Latin bursa (a bag), from the Late Latin bursa (oxhide, animal skin and a variant of variant of byrsa (hide)), from the Ancient Greek βύρσα (búrsa or býrsa), (hide, wine-skin) of unknown origin.  Linked terms are used for other European stock exchanges including the Danish børs, the Swedish börs and the German Börse with the roots evident in Modern English words including bursar and reimburse.  Bursa in Late Latin meant “oxhide, animal skin” (reflecting the origins in the Greek) but, by association with use, in Medieval Latin came to mean “purse made of leather” and that meant it came also to mean “supply of money, cash, funds”, extending later to “pension”.  The modern sense of “exchange where stocks are registered and exchanged” dates from 1845, taken directly from the Bourse de Paris (Paris stock exchange).  In one legend, the use of the word “bourse” for such places was said to be derived from the House of Van der Buerse, a family in Bruges, Belgium.  There, merchants and bankers would gather to conduct financial transactions and the a variant of the name “Buerse” came to be used.  The alternative history relates how there was a sign on the front of the Buerse’s house adorned with a painting of three burses (purses).  Bourse is a noun; the noun plural is bourses.

In French, bourse is also a slang term (usually in the plural) for the scrotum and from gift-shops and street markets around the world, one can buy coin purses (various with clasps, zips and tie-strings) made from the scrotums of various slaughtered creatures.  It appears also in the (usually affectionate) French vulgarity: “Ça remonte à quand, la dernière fois que tu t’es vidé les bourses?” (When was the last time you emptied your balls?  In more polite use, there the bourse d’études (educational scholarship, stipend, student allowance), bourse d’excellence (merit scholarship; fellowship) and boursicaut (small coin purse (mostly archaic though still a favorite among antique dealers).

A bull scrotum purse in a traditional style.

One linguistic development in French might explain something about why the fluctuations in financial markets came increasingly to send ripples throughout economies: In the sixteenth century the verb boursicoter meant “to set money aside” (ie keep it in one’s purse) but by the mid-nineteenth century (under the influence of bourse coming to mean “stock exchange”, it had shifted to mean “having a flutter on the markets; dabbling in the stock market”.  In a similar vein, a boursier (feminine boursière, masculine plural boursiers, feminine plural boursières) could be (1) a scholarship beneficiary, a recipient of a bursary or grant, (2) a stockbroker or trader or (3) one who makes purses and handbags.  In idiomatic use (which survives as a literary device there was sans bourse délier (literally “without opening one's purse”) which is English aligns with “without spending a penny” or “not spending a dime”.

The Modern English purse was from the Middle English purse, from Old English pursa (little bag or pouch made of leather, especially for carrying money), partly from pusa (wallet, bag, scrip) and partly from burse.  The Old English pusa was from the Proto-West Germanic pusō, from the Proto-Germanic pusô (bag, sack, scrip), from the primitive Indo-European būs- (to swell, stuff) and was cognate with the Old High German pfoso (pouch, purse), the Low German pūse (purse, bag), the Old Norse posi (purse, bag), the Danish pose (purse, bag) and the Dutch beurs (purse, bag).  The Old English burse was from the same source as the French bourse.  “Purse” (as a synecdoche for “financial matters generally” is widely used in idiomatic English and persists in the UK persists in the office of Keeper of the Privy Purse, a member of the royal household who manages the financial affairs of the sovereign.  The office dates from the early sixteenth century (things in the palace don’t often change) and can be understood as something like a CFO (chief financial officer) or FC (financial controller (comptroller the historic use)).  Purse had been used in the sense of “the royal treasury” as early as the late thirteenth century and the figurative sense of “money, means, resources, funds” emerged by the mid-1300s, this extending to specific defined instances (such as “prize for winning a horse race etc”) by the 1640s.  The thirteenth century use in Middle English to mean “scrotum” was indicative of the shape and size of the leather pouches used to carry coins.

Lindsay Lohan illustrates the purse and the handbag: The clutch purse (left) would everywhere be understood as “a purse” but in the US such a thing commonly would be called “a clutch” because “purse” is used also of larger items.  The red one (centre) would often be called a purse in the US but elsewhere in the English-speaking world it is certainly a handbag.  By the time something assumes the dimensions of a Louis Vuitton Doctor's Bag (right), it is definitely a handbag, tote or something beyond a purse.

Purse was first used of a “woman's handbag” in the late 1870s.  Originally a purse was “a small bag for carrying money” and that use persisted even after purses became less scrotum-like but in the US it came to be used also of what would in the UK be called a “handbag” (a small bag carried usually by women and typically containing personal items (lipsticks, other makeup and often a “purse” (in the original sense)).  Not infrequently, in trans-Atlantic use, the terms “purse” and “handbag” are used interchangeably, but confusion can arise if there’s no accompanying visual clue which is why the term “clutch purse” has proved so useful.  A clutch purse is a small, often rectangular bag designed conveniently to be carried in one hand (although many are supplied with an (often detachable) chain or strap which can be slung over the shoulder or used in cross-body style.  In the industry, not only is there no set of parameters which defines where a purse ends and a handbag begins and shamelessly manufacturers will use the labels indiscriminately if they suspect it will stimulate sales.  The US usage has infected the rest of the world including places like the UK where once there was a clear distinction and now it’s something really in the eye of the beholder, perhaps recalling the judgment Potter Stewart (1915–1985; associate justice of the US Supreme Court 1958-1981) handed down (in another context) in Jacobellis v Ohio (378 U.S. 184 (1964)): “I shall not today attempt further to define… and perhaps I could never succeed in intelligibly doing so.  But I know it when I see it…”

Bear & bull statues outside the Börse Frankfurt (Frankfurt Stock Exchange, formerly known as the Frankfurter Wertpapierbörse), the world's third oldest stock exchange.  Located in the German state of Hesse, Frankfurt is the country's financial centre.

About the only thing which can be guaranteed of a stock market is it will fluctuate and the most famous terms used of bourses are “bear market” & “bull market”, describing respectively the market conditions as they respond to the central dynamics of the business: fear & greed, both of which tend to manifest in waves because of what is known as the “herd mentality” of investors (gamblers as some prefer to describe themselves).  The collective noun for a group of bulls is a herd (less commonly a gang while bears assemble (a less common behavior for them) in a sloth (or sleuth).  The bull & bear metaphors have been in use since the early eighteenth century and the origin of the “bull” is uncontested and refers to the habit aggressive bulls display in pushing forward and tossing their heads upward, the idea being a herd of “bullish investors” will drive up the prices of the stocks they’re pursuing, thus creating a “bull market”.  The math of these terms is not precisely defined but, as a general principle, the view seems to be they are used of a market in which prices rise (bull) of fall (bear) 20% or more from a recent trough or peak, usually over a period or weeks or months depending on the state of an economy.  The labels can be applied to a single asset, an asset class, a group of securities, or a market as a whole and if the trends are mild or seem tentative, things can be called “bullish” or “bearish”.

One of several bull statues, DPRR (Democratic People's Republic of Rockhampton), Queensland, Australia.

The origin of the bestial analogy of the bear is contested.  The oldest story concerns the London trader who sold a shipment of Canadian bearskins sometime before they had come into his possession, his strategy being a gamble the market would fall and he’d just have to pay less for something he’s already sold at a higher price, thus gaining from “the spread” (the difference between the cost and selling prices and a variation on the mechanism used today by the “short sellers”).  These traders came to be known as “bearskin jobbers”.  The alternative history is more directly from behavioral zoology: the way bears with their powerful limbs and big, sharp claws will, if in the mood “claw stuff down”.

Lindsay Lohan with Valentine’s Day stuffed teddy bear.

The use may also have been influenced by the unfortunate history in England of bull and bear-baiting, gruesome, fight-to-the-death contests between the beasts which seem first to have been held during the thirteenth century and reaching an apex of popularity during the reign of Elizabeth I (1533–1603; Queen of England & Ireland 1558-1603).  An audience would bet on the outcome and the link with stock exchanges is that while markets may percolate for sometimes long periods, there will always be battles between “the bears” and “the bulls” and it’s during these events that great fortunes are made and lost.  The language appealed to writers and was used by the English poet & satirist Alexander Pope (1688-1744) in Book II of The Dunciad (1728), a work mocking the greed and folly of investors (gamblers) associated with the South Sea Bubble, a financial scandal of the early eighteenth century and one of many examples of herd mentality and “irrational exuberance”:

Come fill the South Sea goblet full;
The gods shall of our stock take care:
Europa pleased accepts the Bull,
And Jove with joy puts off the Bear.

Thursday, May 7, 2020

Gate

Gate (pronunced geyt)

(1) A movable barrier, usually on hinges, closing an opening in a fence, wall, or other enclosure.

(2) An opening permitting passage through an enclosure.

(3) A tower, architectural setting, etc., for defending or adorning such an opening or for providing a monumental entrance to a street, park etc.

(4) Any means of access or entrance.

(5) A mountain pass.

(6) Any movable barrier, as at a tollbooth or a road or railroad crossing.

(7) A sliding barrier for regulating the passage of water, steam, or the like, as in a dam or pipe; valve.

(8) In skiing, an obstacle in a slalom race, consisting of two upright poles anchored in the snow a certain distance apart.

(9) The total number of persons who pay for admission to an athletic contest, a performance, an exhibition or the total revenue from such admissions.

(10) In cell biology, a temporary channel in a cell membrane through which substances diffuse into or out of a cell; in flow cytometry, a line separating particle type-clusters on two-dimensional dot plots.

(11) A sash or frame for a saw or gang of saws.

(12) In metallurgy, (1) a channel or opening in a mold through which molten metal is poured into the mold cavity (also called ingate) or (2), the waste metal left in such a channel after hardening; (written also as geat and git).

(13) In electronics, a signal that makes an electronic circuit operative or inoperative either for a certain time interval or until another signal is received, also called logic gate; a circuit with one output that is activated only by certain combinations of two or more inputs.

(14) In historic British university use, to punish by confining to the college grounds (largely archaic).

(15) In Scots and northern English use, a habitual manner or way of acting (largely archaic).

(16) A path (largely archaic but endures in historic references).

(17) As a suffix (-gate), a combining form extracted from Watergate, occurring as the final element in journalistic coinages, usually nonce words, that name scandals resulting from concealed crime or other alleged improprieties in government or business.

(18) In cricket, the gap between a batsman's bat and pad, used usually as “bowled through the gate”.

(19) In computing and electronics, a logical pathway made up of switches which turn on or off; the controlling terminal of a field effect transistor (FET).

(20) In airport or seaport design, a (usually numerically differentiated) passageway or assembly point with a physical door or gate through which passengers embark or disembark.

(21) In a lock tumbler, the opening for the stump of the bolt to pass through or into.

(22) In pre-digital cinematography, a mechanism, in a film camera and projector, that holds each frame momentarily stationary behind the aperture.

(23) A tally mark consisting of four vertical bars crossed by a diagonal, representing a count of five.

Pre 900:  From the Middle English gate, gat, ȝate & ȝeat, from the Old English gæt, gat & ġeat (a gate, door), from the Proto-Germanic gatą (hole, opening).  It was cognate with the Low German and Dutch gat (hole or breach), the Low German Gatt, gat & Gööt, the Old Norse gata (path) and was related to the Old High German gazza (road, street).  Yate was a dialectical form which was an alternative spelling until the seventeenth century; the plural is gates.  Many European languages picked up variations of the Old Norse to describe both paths and what is now understood as a gate.  The Old English geat (plural geatu) was used to mean "gate, door, opening, passage, hinged framework barrier", as was Proto-Germanic gatan, and the Dutch gat; in Modern German, it emerged as gasse meaning “street”; the Finnish katu, and the Lettish gatua (street) are Germanic loan-words.  Interestingly, scholars trace the ultimate source as the Primitive European ǵed (to defecate).  The meaning "money from selling tickets" dates from 1896, a contraction of 1820’s gate-money.  The first reference to uninvited gate-crashers is from 1927 and gated community appears in 1989; that was Emerald Bay, Laguna Beach, California although conceptually similar defensive structures had for millennia been built in many places.  Gate is a noun & verb, gated is a verb & adjective, dating is a noun & verb and gatelike is an adjective; the noun plural is gates.

G Gordon Liddy (1930–2021) was the CREEP lawyer convicted of conspiracy, burglary, and illegal wiretapping for his role in the Watergate Affair.  Receiving a 20-year sentence, he served over four, paroled after Jimmy Carter (b 1924; POTUS 1977-1981) commuted the term to eight years.  He was one of the great characters of the affair.

The practice of using -gate as a suffix appended to a word to indicate a "scandal involving," is a use abstracted from Watergate, the building complex in Washington DC, which, in 1972, housed the national headquarters of the Democratic Party.  On 17 June, it was burgled by operatives found later to be associated with Richard Nixon's (1913-1994; VPOTUS 1953-1961 & POTUS 1969-1974) CREEP (Campaign to Re-elect the President committee).  Since Watergate, there have been at least dozens of –gates.

Notable Post-Watergate Gates

Billygate: In 1980, US President Jimmy Carter's brother, Billy (1937-1988), was found to have represented the Libyan government as a foreign agent.  Cynics noted that, unlike his brother, Billy at least had a foreign policy.

Crooked Hillary Clinton (b 1947; US secretary of state 2009-2013) has provided the lexicon many "-gates".  A marvellous linguistic coincidence gave us Whitewatergate, a confusing package of real estate deals later found technically to be lawful and Futuregate was a reference to some still inexplicable (and profitable) dabbles in her name in the futures markets.  Servergate was the mail server affair which featured mutually contradictory defenses to various allegations, the Benghazi affair and more.  There was also a minor matter but one which remains emblematic of character.  Crooked Hillary Clinton, after years of fudging, was forced to admit she “misspoke” when claiming that to avoid sniper-fire, she and her entourage “…just ran with our heads down to get into the vehicles to get to our base” when landing at a Bosnian airport in 1996.  She admitted she “misspoke” only after a video was released of her walking down the airplane’s stairs to be greeted by a little girl who presented her with a bouquet of flowers.  Even her admission was constructed with weasel words: “…if I misspoke, that was just a misstatement”.  That seemed to clear things up and the matter is now recorded in the long history of crooked Hillary Clinton's untruthfulness as Snipergate.  Most bizarre was Pizzagate, a conspiracy theory that circulated during the 2016 US presidential campaign, sparked by WikiLeaks publishing a tranche of emails from within the Democrat Party machine.  According to some, encoded in the text of the emails was a series of messages between highly-placed members of the party who were involved in a pedophile ring, even detailing crooked Hillary Clinton’s part in the ritualistic sexual abuse of children in the basement of a certain pizzeria in Washington DC.  Among the Hillarygates, pizzagate was unusual in that she was innocent of every allegation made; not even the pizzeria's basement existed.

Closetgate: References the controversy following the 2005 South Park episode "Trapped in the Closet", a parody of the Church of Scientology in which Scientologist film star Tom Cruise (b 1962) refuses to come out of a closet.  Not discouraged by the threat of writs, South Park later featured an episode in which the actor worked in a confectionery factory packing fudge. 

Grangegate: In Australia in 2014, while giving evidence to the state's Independent Commission against Corruption (ICAC), Barry O'Farrell (b 1959; Premier of New South Wales 2011-2014) forgot he’d been given a Aus$3,000 bottle of Penfolds Grange (which he drank without disclosing the gift as the rules required).  He felt compelled to resign.

Perhaps counterintuitively, a lacuna in the history is there seems never to have been a Lindsaygate or Lohangate.  In that sense, Lindsay Lohan may be said to have lived a scandal-free life.

Irangate: Sometimes called contragate, this was the big scandal of Ronald Reagan's (1911-2004; POTUS 1981-1989) second term.  As a back channel operation, the administration had sold weapons to the Islamic Republic of Iran and diverted the profits to fund the Contra rebels opposing the Sandinista government of Nicaragua (Congress had earlier cut the funding).

Nipplegate: Sometimes called boobgate, this was a reaction to singer Janet Jackson’s (b 1966) description of what happened at the conclusion of her 2004 Superbowl performance as a “wardrobe malfunction”.  In Europe, they just didn't get what all the fuss was about.

Monicagate: The most celebrated scandal of President Bill Clinton’s (b 1946; POTUS 1993-2001) second term.  Named after White House intern Monica Lewinsky (b 1973), with whom the president “…did not have sexual relations…”.

1973 Pontiac Trans-Am SD-455.

Dieselgate: In 2015, Volkswagen was caught cheating on emissions tests used to certify for sale some eleven-million VW diesel vehicles by programming them to enable emissions controls during testing, but not during real-world driving.  Manufacturers had been known to do this.  In 1973 Pontiac tried to certify their SD-455 (Super Duty)  engine with a not dissimilar trick but the EPA (Environmental Protection Authority) wasn't fooled which is why the production SD-455 was rated at 290 HP (horsepower) rather than 310.  Later, manufacturers in the Fourth Reich turned out to be just as guilty and, in that handy phrase from German historiography "they all knew".  Including the fines thus far levied, legal fees and the costs associated with product recalls, the affair is estimated so far to have cost VW some US$33 billion but the full accounting won't be complete for some time.  Other German manufacturers were also affected but Daimler (maker of Mercedes-Benz) avoided a penalty by snitching on the others. 

In Australia, Utegate was a 2009 campaign run by opposition leader Malcolm Turnbull (b 1954; prime-minister of Australia 2015-2018) and his then (they're no longer on speaking terms) henchman, Eric Abetz (b 1958, Liberal Party senator for Tasmania, Australia 1994-2022), in which Dr Kevin Rudd (b 1957; Australian prime-minister 2007-2010 & 2013) was accused of receiving a backhander (a gift given in secret in exchange for a favor) from a car dealer, the matters in question revolving around an old and battered ute (pick-up).  Based on documents forged by Treasury official Godwin Grech (b 1967), it led to the (first) downfall of Turnbull.  Abetz for a time went on to bigger things but Turnbull neither forgot nor forgave, sacking Abetz during his second coming (which started well but ended badly).  Abetz however proved he still has the numbers which matter, gaining preselection and in 2024 winning a seat in the Tasmanian Legislative Assembly (the state's lower house).  He now serves as Treasurer as leader of the house in the minority Liberal Party government.  

Object of desire: Nutella.

The first Nutellagate arose at Columbia University early in 2013 with allegations of organized, large-scale theft by students of the Nutella provided in the dining halls. Apparently students, unable to resist the temptation of the newly available nutty spread, were (1) consuming vast quantities, (2) pilfering it using containers secreted in back-packs and (3) actually purloining entire jars from the tables.  In the spirit of the investigative journalism which ultimately brought down Richard Nixon, the Columbia Daily Spectator, breaking the story, reported that based on a leak from their deep throat in the catering department, the crime was costing some US$5,000 per week, the hungry students said ravenously to be munching their way through around 100 pounds (37 or 45 KG (deep throat not specific whether the losses were weighed on the avoirdupois or troy scale)) of Nutella every seven days.  The newspaper noted the heist was on such a scale that, unless addressed, the cost to the university would be US$250,000 a year, enough to buy seven jars for every undergraduate student.

The national media picked up the story noting, apart from the criminality, there were concerns about the relationship between the wastage of food, excessively expensive student services, the exorbitant cost of tuition fees and a rampant consumer culture.  It seemed a minor moral panic might ensue until the student newspaper (now a blog) deconstructed the Spectator’s numbers and worked out the caterers must be paying 70% more for Nutella than that quoted by local wholesalers, casting some doubt on the matter.  The university authorities responded within days, issuing a press release headed “Nutellagate Exposed: It's a Smear!"  Their audit revealed that the accounting system had booked US$2,500 against Nutella purchases in the first week of term but that was the usual practice when stocking inventory and that consumption was around the budgeted US$450 in subsequent weeks.  Deep throat (Nutella edition) lost face and was discredited.

Nutellagate II broke in 2017 when a consumer protection organization released a report noting the recipe had, without warning, been changed, the spread now having more sugar and milk powder but less cocoa and, as a result, was now of a lighter hue.  Ferrero’s crisis-management operative responded on twitter, tweeting “our recipe underwent a fine-tuning and continues to deliver the Nutella fans know and love with high quality ingredients,”… adding “…sugar, like other ingredients, can be enjoyed in moderation as part of a balanced diet.”  #Nutellagate soon trended ox X (the known as Twitter) and users expressed displeasure, many invoking the memory of New Coke or the IBM PS/2, two other products which appeared also to try to fix something not broken.  The twitterstorm soon subsided, the speculation being that, because it contained more sugar, consumers would become more addicted and soon forget the fuss.  So it proved, sales remaining strong.  Nutella though remains controversial because of the sugar content and the use of palm oil, a product harvested from vast monocultural plantations and associated with social and environmental damage.  Ferrero has now and again suggested they may be ceasing production but the user base has proved resistant although, movements in the hazelnut price may test the elasticity of demand.

Open-Gate Ferraris

The much admired but now almost extinct open-gate gear-shifters were originally purely functional before becoming fetishized.  At a time when more primitive transmissions and shifter assemblies were built with linkages and cables operating with rather less precision than would later be achieved, open-gates served as a guidance mechanism, making the throws more uniform and ensuring the correct movement of the controlling lever.  Improvements in design made open-gates redundant by at least the 1950s but they'd become so associated with Ferraris, Lamborghinis and such they become part of aesthetic so, given the expectations of buyers and it wasn't hard to persuade the engineers to persist, even though the things had descended to be matters purely of style.  A gimmick they may have become but, cut from stainless steel and often secured with exposed screw-heads, they were among the coolest of nostalgia pieces.  Reality eventually bit when modern, fast electronics meant automatic transmissions both shifted faster and were programmed always to change ratios at the optimal point and no driver, however skilled, could match that combination.  Conceived originally as a means to the end (quick, clean shifts), by the late 1990s, the open-gate had become an impediment to the means and while there were still a few who relished the clicky, tactile experience, such folk were slowly dying off and with sales in rapid decline, manufacturers became increasingly unwilling to indulge them with what had become a low-volume, unprofitable option.  

Not all the Ferraris with manual gearboxes used the open-gate fitting, some of the grand-touring cars fitted with a concealing leather boot but both for years became relics, the factory in 2014 officially retiring the manual gearbox because of a lack of demand.  The 599 GTB Fiorano (2006-2012) included the option but of the 3200-odd made, only 30 buyers specified the manual.  That run of 30 was however mass-production compared with the California (2009-2014), the first Ferrari equipped with a dual-clutch transmission and the last a "true" manual, ending the tradition of open gate-shifters stretched back 65 years. Testing the market, a six-speed manual option had been added to the hard-top convertible in 2010 and the market spoke, the factory dropping it from the order sheet in 2012 after selling just three cars in three seasons.  The rarity has however created collectables; on the rare occasions an open gate 599 or California is offered at auction, they attract quite a premium and there's now an after-market converting Ferraris to open gate manuals.  It's said to cost up to US$40,000 depending on the model and, predictably, the most highly regarded are those converted using "verified factory parts".

2012 Ferrari California (top) and 2012 Cadillac CTS-V sedan.

So, between 2013 and 2026, at Maranello, it was automatics (technically “automated manual transmission”) all the way and although a consequence of the quest for ultimate performance, it became the factory's dictate only because that was the path to profit; Ferrari is just another business and had customer demand existed at a sustainable level, manual transmissions would continued to have been supplied.  However, while there may not have been all that many cross-shoppers, for those looking for an alternative; between 2013 and 2026, although one could not buy a Ferrari with a clutch pedal, one could in a Cadillac showroom find cars so-configured (even in station wagons!).  For most of the second half of the twentieth century, few would have thought that juxtaposition anything but improbable or unthinkable.

Ferrari open-gate porn; clockwise from top left: 1971 365 GTB/4; 1968 275 GTB/4 NART Spider; 1965 250 LM; 1984 512 BB; 1995 F50; 1967 330 GTC; 2012 Californian; 1991 Mondial-T.

Ferrari by 1976 had begun to flirt with automatic transmissions in their road cars (GM’s famously robust Turbo-Hydramatic 400) but until 2004, Cadillac hadn’t needed the clutch pedal apparatus in their factories since the last "Commercial Chassis" (used for hearses, ambulances and such) version of the 1953 Series 75 (among the Cadillac crowd the Cimarron (1982-1988) is never spoken of except obliquely in phrases like “the unpleasantness of 1982”).  However, by the early twenty-first century, the market for the cars Cadillac had perfected was shrinking fast so, noting the success of Mercedes-AMG and the M-Series BMWs, Cadillac entered the fray and the existence of the Chevrolet Corvette’s transmission in the corporate parts bin meant offering a manual gearbox was financially viable in a way it wasn’t for the Germans.  In the same decade, advances in hydraulics and electronics meant the earlier inefficiencies and technical disadvantages attached to automatic transmissions had been overcome to the point where no car with a manual transmission, however expertly driven, could match their performance, thus Detroit and Maranello choosing to tread different paths.  The Cadillac Blackwing offered the nostalgic experience from the factory and despite engineers admitting the slight performance penalty, buyers choose the manual purely for the pleasure and genuinely the experience was enjoyable and nothing like the old, palm-bruising Muncie M22 “rock crusher” once used in big block Chevrolets.

2026 Ferrari Luce.  This was not a meme poking fun at the thing; this was an official factory promotional shot.

As early as 2024, rumors circulated hinting Ferrari might "revive" the manual gearbox as a niche option, probably on a model with the V6 engine because the torque and power generated by modern V8s & V12s would put too much strain on the clutch but, surprising many, in 2026, Ferrari announced there would be a run of 1,499 versions of the 12Cilindri (2024-) with an eight-speed, open-gate "manuale" gearbox although the semantics of the press release did demand study, the transmission not a traditional, old-style device but one of the modern "automated manuals" with some clever engineering and software to emulate the experience (the gated “manueale mode” limited to controlling six of the eight installed ratios).  Being Ferrari, few were surprised to learn the model (and it was a separate model rather than an option) incurred a US$400,500 premium over the “standard” coupé but what attracted comments was the wry observation of a few the open gate's return was Ferrari’s “act of atonement” for having released the Luce, a five-door(!) EV (electric vehicle) that looked something like a large jellybean with wheels.  Usually, the announcement of a Ferrari rated at 1035 HP (horsepower) would have met general approval but while most might have forgiven the extra doors, few seemed able to overlook the Luce’s “ugliness”.

2026 Ferrari 12Cilindri Manuale.  To ensure people outside knew the extra US$400K had been paid, the Manuale editions included some detail differences (wheels, external cladding etc).

While, in the 80-odd years of the company’s existence, some Ferraris have been less attractive than others, none have ever really been “ugly” (although some coachbuilders did manage the feat) until the blob-like Luce was shown and whether a “faux open-gate manual”, however cleverly engineered, will be a sufficient act of atonement remains to be seen but the very existence of the latter is an interesting example of “the customer is always right”.  For more than a decade, Ferrari’s position has been leaving gear-changes to humans is a bad idea because it’s less efficient and thus produces a “slower car”.  As a “fast car” operation, an element in the marque’s mystique is that things always are done n a way that maximizes performance, thus the clumsy clutch pedal and open-gate shifter being banished; those “improvements” were just another “specific efficiency”.  With bigger engines (the V12 now 6.5 litres) generating prodigious power and torque, the engineers doubtless welcomed the change because it would be no easy task to create a clutch reliably able to handle the output if operated by a human.  Still, whatever might be the motivations (on both the supply & demand sides), it had become clear demand there was for at least a niche model with an old-style open-gate assembly, thus the 1,499, US$1.2 million 12Cilindris and the model is a well-executed piece.  While not all recent "retros" have been visually accomplished, there were in the 12Cilindri enough cues from the old 365 GTB/4 (Daytona, 1968-1973) for the effect to be achieved without becoming labored.

Knob semiotics.

While that seems expensive, the things would have been more costly still had a traditional gearbox & clutch been used; apparently, no unit currently available was suitable so either something would need to have been “beefed-up” or a device developed from scratch.  So, what was done was use the 12Cilindri’s eight-speed transmission, onto which was “bolted” some “shift-by-wire” technology (the mechanism a mix of physical connections, hydraulics, electronics and software) engineered to emulate the look, feel & sound (the latter a vital aspect) of the old ways.  Although computer simulations were of course involved, there was also literal, “hands on” development, engineered using an old Ferrari 599 six-speed assembly as a benchmark, the design-brief for the new system being to as closely as possible transmit to a driver the feel (and sound) of springs, cogs, rollers & cams moving by a manipulation of the shifter, just as in days gone by.  Curiously, what turned out to be an even greater challenge was the clutch, that simulacrum achieved with the use of a hydraulic reservoir, permitting the “progressive bite” of the plate to be transmitted through pedal to foot.  That also had the benefit of putting a “fluid cushion” between mechanism and driver, Ferrari claiming this meant even the “roughest handling” would be unable to inflict harm on the components and conveniently, the car can be driven in either an automatic or manual mode and testers were complementary of the latter, claiming the action was even more refined than the “real thing” once had been.  Although a gimmick, one nice touch was  that in “Manuale mode”, the knob’s face switches from white to amber.

Recent experience suggests Ferrari will not only find 1,499 buyers prepared to pay the US$1.2 million invoice but the offer likely will be over-subscribed, thus the announcement the “Manuale” will be sold only to customers in good standing with the factory (those who already own several Ferraris and at least one of the earlier “special editions”).  The approach (adopted also by several other manufacturers of high-priced stuff) has created a genuinely new market segment: series production cars bought not to drive but to keep in collections and re-sold for profit, a kind of “Ferrari futures”.  The phenomenon has existed for a while but in years gone by once was serviced by bespoke one-offs or those produced in tiny runs; cars as instant “collectable commodities” despite being made in hundreds or even thousands is new and that such a market exists at this global scale need to be considered in the context of the protests staged in French cities in October 2026.  Those protests were about the “cost of living crisis”, shortage and affordability of housing, crumbling public infrastructure, declining education standards, dismal employment prospects and other pressures.  That annually there are thousands of customers for million dollar Ferraris, Lamborghinis, Porsches and such while simultaneously what used to be called the “working class” have been reduced to low-paid, insecure employment and high rents is because in recent decades there has been an extraordinary shift in the percentage of global wealth held by a tiny number of the population (the so-called “1%” although the number involved is more like 5-10%).  Because this 10% like to get richer, those investing their money apply it to sectors offering the best return and in recent decades that has been residential housing.

1970 Ferrari 365 GTB/4; the 12Cilindri's stylistic ancestor.

What this has done is increase asset prices meaning rents must also rise.  With incomes for renters being effectively static or (in “real terms”) falling, the percentage they need to spend just for “a roof over their head” has risen dramatically and this at a time when food and energy costs have also increased.  Historically, renters were able to adapt by entering the property market but many are now “priced out” of ownership and nor are governments able to respond as once was possible. With Western governments heavily in debt, borrowing costs rising and it being just “too hard” to tax the rich (their "taxable income" something of a gestural in-joke and their wealth politically ring-fenced) or corporations, the already embedded income & wealth inequalities in societies seem likely to be exacerbated.  Of course, the “business as usual” approach (tax the middle class) may yet have some life but while so much attention is focused on the US mid-terms, it may be the success in Serbia of the “Student List” proves more influential.