The Weird-Ass Initiation:
Simulate a human sacrifice in front of a 40-foot-tall mechanical owl that speaks with Walter Cronkite's voice.
On the first Saturday of the encampment, a dramatic ceremony known as the "Cremation of Care" takes place. Not "dramatic" like "I'll slit my wrists if I gain another tenth of a pound. I swear I'll do it this time, you'll be sorry," but "dramatic" like it's part of a play. A play in which the personification of the world's worries, Care, is burned to ashes in front of a giant owl as an audience of the world's most powerful men look on.
The play begins on an island in an artificial lake. Druidish robed people muck about in front of a 40-foot owl like they've got nothing better to do when (surprise!) a boat with more Snuggie-clad Bohemians and a fake corpse start making their way to the island.
That corpse is "Care" with a capital "C" and the corpse then starts talking trash to the Hoodies, bragging about how the worries of the world will never leave them. It's at that point that the voice of Walter Cronkite gravely rolls forth from the owl, instructing the cloaked worrywarts that the only way to banish Care is to kill it with fire. So they do.