Publishing note: This originally was posted on July 4, 2019.

I am always intrigued by the psychological and cognitive issues hidden in the news. The Nike Betsy Ross flag issue revealed a number of fascinating things. Stop to consider the broader context and historical nuance of the American flag as a protest and/or fashion item, and we learn a thing or two.

Not too long ago, wearing the American Flag as a fashion item was considered outrageous, disrespectful — and illegal. In October 1968, Abbie Hoffman was arrested for wearing a shirt that resembled the design of an American flag. Political conservatives and the right wing were aghast anyone would dare disrespect the American flag by wearing it as clothing. Hoffman was prosecuted and when the judge found him guilty, he declared with tongue firmly in cheek, “I only regret that I have but one shirt to give for

Keep reading this article on Barry Ritholtz - The Big Picture.

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