Today on TAP: The administration reverses long-standing controls on sales of advanced AI chips to Beijing.
Money Politics & Power
Posted inMoney, Politics, and Power
Meet the Disaster Capitalists Behind Alligator Alcatraz
Incompetent and militarized ‘emergency response’ is on track to be a trillion-dollar industry by the end of Trump’s second term.
Posted inMoney, Politics, and Power
How Did Elon Musk Turn Grok Into MechaHitler?
The malfunctioning xAI chatbot provides some insights into how large language models work.
Posted inMoney, Politics, and Power
AFL-CIO Report: Is DOGE’s Antonio Gracias Mishandling Retiree Investments?
Elon Musk’s replacement is busy with mass deportation, while simultaneously running an investment firm managing public union pension funds.
Posted inPolitics
Senate Bill Gives Giant Tax Break to Big Oil
A provision inserted by Sen. James Lankford (R-OK) would exempt many domestic oil and gas drillers from having to pay any corporate taxes.
Posted inMoney, Politics, and Power
Wall Street’s Corruption of the Democrats Is Broader Than Crypto
‘Abundance’ needs to include constraints on predatory capitalism.
Posted inMoney, Politics, and Power
Crypto Thought They Bought Congress. They Bought a Headache.
The industry thought it had its legislative wish list on track for passage. Then it all got mired in a fight over credit card swipe fees.
Posted inPolitics
The Elon-Trump Feud Is Oligarchy in Action
Two deranged megalomaniacs think they own the American government. Of course they end up fighting.
Posted inMoney, Politics, and Power
Privatizing Speculative Gain, Socializing Risk
Trump’s grand design for Fannie Mae ignorantly repeats a sordid history.
Posted inMoney, Politics, and Power
Go, Elon, and Never Darken Our Doors Again
The worst ultra-billionaire on Earth says he’s leaving government. Let’s hope he actually does it.
