  We examine models where massless chiral fermions with both "electric" and
"magnetic" hypercharges could form condensates. When some of the fermions are
also electroweak doublets such condensates can break the electroweak gauge
symmetry down to electromagnetism in the correct way. Since ordinary
hypercharge is weakly coupled at the TeV scale, magnetic hypercharge is
strongly coupled and can potentially drive the condensation. Such models are
similar to technicolor, but with hypercharge playing the role of the
technicolor gauge group, so the standard model gauge group breaks itself. A
heavy top mass can be generated via the Rubakov-Callan effect and could thus
decouple the scale of flavor physics from the electroweak scale.
