The debate over protecting all deposits in a blink looks past the incompetence that got us here.
Big Tech
Posted inTAP
The Fed-Induced Bank Wobble
Today on TAP: Silicon Valley Bank’s collapse is a function of the Fed rate spike, and will surely trigger calls for its well-heeled tech and venture capital clients to get a bailout.
Posted inTAP
FCC Nominee Gigi Sohn Withdraws
Today on TAP: A vicious lobbying campaign killed her nomination. Key Senate Democrats and Biden can share the blame.
Posted inMoney, Politics, and Power
The Lie Behind Amazon’s HQ2 Sweepstakes Becomes Clear
With the company pausing construction on its ‘second headquarters’ in Virginia, we can see the HQ2 bidding war for what it was: a mass intelligence-gathering operation.
Posted inAmerica and the World
The Chinese Spy Balloon Is No Big Deal
Intelligence gathering is always going to happen between great powers.
Posted inMoney, Politics, and Power
Amazon’s Endgame
The company is transitioning to become an unavoidable gatekeeper in all commerce.
Posted inTAP
Attacking the ‘You Are the Product’ Economy
Today on TAP: The FTC takes action against GoodRx for sharing personal health data with advertisers.
Posted inMoney, Politics, and Power
How Chuck Schumer Deep-Sixed the Tech Antitrust Bills
A full timeline of the bills’ failure reveals the Senate majority leader’s heavy hand.
Posted inMoney, Politics, and Power
John Deere Says Farmers Can Fix Their Own Tractors—Sometimes
It cuts a deal with a farmers’ group to forestall legislation requiring it to stop compelling farmers to come to Deere for all their repairs.
Posted inPolitics
Democrats Frittered Away the Lame-Duck Session
A lackadaisical approach led to failure for numerous bipartisan bills, and kept alive Republican goals to take the debt limit hostage in 2023.
