You might expect crypto enthusiasts to look down their noses at landlording as an antiquated way to earn a fortune, not worth their time when they are busy democratizing money. But in finance, everything old is new again. “Fractional ownership” of “tokenized real estate,” the latest crypto scheme, works like this: a company sells investors […]
Money, Politics, and Power
Posted inMoney, Politics, and Power
How Anti-Monopoly Is Enduring Despite Trumpian Corruption
Attorney General Pam Bondi’s meager attempt at insult comedy in a Senate Judiciary Committee hearing this week is the kind of thing that many political observers call “dramatic,” when in reality it was boring deflection and obfuscation punctuated by lazy scandalmongering. But there was something interesting going on in that hearing on the other side of the […]
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Microsoft Is Abandoning Windows 10. Hackers Are Celebrating.
The company will stop supporting the OS on October 14. Advocacy groups warn this will leave up to 400 million computers vulnerable to hacks or in the dump.
Posted inMoney, Politics, and Power
AI’s $600 Billion Blind Spot
A new report offers a legislative road map for creating a competitive and secure cloud computing market, without forcing policymakers to reinvent the wheel.
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Why Do We Assume TrumpTok Will Succeed?
Oracle has no history of creating compelling consumer-facing products. Their ability to run the most addictive algorithm in social media is questionable.
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Ted Cruz Attempts to Exempt Big Tech From the Law
The Texas senator has introduced a bill allowing any AI company a streamlined path around regulations.
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Down and Out on the Crypto Frontier
In Wyoming, the Delaware of cryptocurrency, industry players celebrated their fortunes and said everyone will benefit. But workers haven’t seen it.
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Capture the Media, Control the Culture?
Trump’s attack on Jimmy Kimmel helps spotlight an even bigger problem.
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Russ Vought’s Scheme Has Been Unmasked
Hundreds of billions in appropriated spending has been withheld, with dire consequences. Government funding shouldn’t be derailed like this.
Posted inMoney, Politics, and Power
Sugar Daddies
From the Havemeyer Sugar Trust to Allen Dulles to Jeffrey Epstein, the MAGA billionaire Fanjul family are the welfare barons of all time.
