An AI bubble threatens Silicon Valley, and all of us.
Money, Politics & Power
Posted inMoney, Politics, and Power
The Existential Threat of Ultra-Billionaires
A handful of rich guys will burn human society to the ground rather than pay a dime in tax.
Posted inMoney, Politics, and Power
Move Fast and Break the Mortgage Market
The chief regulator for Fannie Mae and Freddie Mac is now also the board chair of both companies. What’s the long game here?
Posted inMoney, Politics, and Power
Trump Tries to Fire Lina Khan’s Lieutenants at the FTC
Rebecca Kelly Slaughter and Alvaro Bedoya have been illegally terminated. It’s a bid to centralize executive power.
Posted inMoney, Politics, and Power
Some Democrats Endorse Bill Allowing Elon Musk to Create His Own Currency
The GENIUS Act is the first pro-crypto bill Republicans want to rush through this Congress. Thanks to industry money, several Democrats are ignoring the bill’s major problems.
Posted inMoney, Politics, and Power
Elon Musk’s Next Potential Self-Enrichment
His Starlink internet service could benefit from a proposed Republican fire sale of the government’s wireless spectrum.
Posted inTAP
Bezos’s New Editorial Team: All the President’s Men
Today on TAP: The primary goal of the Post’s new editorial policy is to protect the owner’s wealth.
Posted inTAP
A Sloppy Valentine for Big Tech
Today on TAP: A new White House effort to block domestic and foreign rules on data security is at odds with the U.S. government’s long-standing efforts to shield data from China.
Posted inMoney, Politics, and Power
The CFPB Shutdown Is Entirely About Payment Apps
Elon Musk and other Big Tech CEOs want to manage your money without any regulatory protections.
Posted inLaw and Justice
Why Are Delaware Democrats Trying to Give Elon Musk $55 Billion?
There are more important things than the state’s corporate franchise fees.